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Ralliant Corp（RAL）与SCANSOURCE, INC.（SCSC）财务数据对比。点击上方公司名可切换其他公司
SCANSOURCE, INC.的季度营收约是Ralliant Corp的1.4倍（$766.5M vs $529.1M），Ralliant Corp净利率更高（7.5% vs 2.2%，领先5.4%），SCANSOURCE, INC.同比增速更快（2.5% vs -0.5%），Ralliant Corp自由现金流更多（$126.6M vs $28.9M）
ScanSource是全球领先的专业技术分销商，主营销售点系统、条码扫描设备、网络安全产品、云服务及通信解决方案，面向北美、拉美、欧洲的增值经销商、服务提供商及企业客户，覆盖零售、医疗、工业、公共部门等领域。
RAL vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.4倍
$529.1M
营收增速更快
SCSC
高出3.0%
-0.5%
净利率更高
RAL
高出5.4%
2.2%
自由现金流更多
RAL
多$97.7M
$28.9M
损益表 — Q3 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $529.1M | $766.5M |
| 净利润 | $39.9M | $16.5M |
| 毛利率 | 50.8% | 13.4% |
| 营业利润率 | 9.8% | 2.3% |
| 净利率 | 7.5% | 2.2% |
| 营收同比 | -0.5% | 2.5% |
| 净利润同比 | -56.1% | -3.3% |
| 每股收益（稀释后） | $0.35 | $0.75 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收RALSCSC
| Q4 25 | — | $766.5M | ||
| Q3 25 | $529.1M | $739.6M | ||
| Q2 25 | $503.3M | $812.9M | ||
| Q1 25 | — | $704.8M | ||
| Q4 24 | — | $747.5M | ||
| Q3 24 | $531.7M | $775.6M | ||
| Q2 24 | $533.7M | $746.1M | ||
| Q1 24 | — | $752.6M |
净利润RALSCSC
| Q4 25 | — | $16.5M | ||
| Q3 25 | $39.9M | $19.9M | ||
| Q2 25 | $47.6M | $20.1M | ||
| Q1 25 | — | $17.4M | ||
| Q4 24 | — | $17.1M | ||
| Q3 24 | $90.9M | $17.0M | ||
| Q2 24 | $64.8M | $16.1M | ||
| Q1 24 | — | $12.8M |
毛利率RALSCSC
| Q4 25 | — | 13.4% | ||
| Q3 25 | 50.8% | 14.5% | ||
| Q2 25 | 49.3% | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | 52.6% | 13.1% | ||
| Q2 24 | 51.5% | 13.0% | ||
| Q1 24 | — | 12.6% |
营业利润率RALSCSC
| Q4 25 | — | 2.3% | ||
| Q3 25 | 9.8% | 3.5% | ||
| Q2 25 | 11.7% | 3.3% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | 20.9% | 2.3% | ||
| Q2 24 | 19.7% | 2.9% | ||
| Q1 24 | — | 2.3% |
净利率RALSCSC
| Q4 25 | — | 2.2% | ||
| Q3 25 | 7.5% | 2.7% | ||
| Q2 25 | 9.5% | 2.5% | ||
| Q1 25 | — | 2.5% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | 17.1% | 2.2% | ||
| Q2 24 | 12.1% | 2.2% | ||
| Q1 24 | — | 1.7% |
每股收益（稀释后）RALSCSC
| Q4 25 | — | $0.75 | ||
| Q3 25 | $0.35 | $0.89 | ||
| Q2 25 | $0.42 | $0.87 | ||
| Q1 25 | — | $0.74 | ||
| Q4 24 | — | $0.70 | ||
| Q3 24 | $0.81 | $0.69 | ||
| Q2 24 | $0.57 | $0.66 | ||
| Q1 24 | — | $0.50 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $264.2M | $83.5M |
| 总债务越低越好 | $1.1B | — |
| 股东权益账面价值 | $3.0B | $910.9M |
| 总资产 | $5.3B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.39× | — |
8季度趋势，按日历期对齐
现金及短期投资RALSCSC
| Q4 25 | — | $83.5M | ||
| Q3 25 | $264.2M | $124.9M | ||
| Q2 25 | $198.6M | $126.2M | ||
| Q1 25 | — | $146.3M | ||
| Q4 24 | — | $110.5M | ||
| Q3 24 | — | $145.0M | ||
| Q2 24 | — | $185.5M | ||
| Q1 24 | — | $159.1M |
总债务RALSCSC
| Q4 25 | — | — | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益RALSCSC
| Q4 25 | — | $910.9M | ||
| Q3 25 | $3.0B | $914.0M | ||
| Q2 25 | $3.0B | $906.4M | ||
| Q1 25 | — | $901.7M | ||
| Q4 24 | — | $900.7M | ||
| Q3 24 | $4.0B | $920.9M | ||
| Q2 24 | $4.0B | $924.3M | ||
| Q1 24 | — | $944.1M |
总资产RALSCSC
| Q4 25 | — | $1.7B | ||
| Q3 25 | $5.3B | $1.7B | ||
| Q2 25 | $5.2B | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
负债/权益比RALSCSC
| Q4 25 | — | — | ||
| Q3 25 | 0.39× | — | ||
| Q2 25 | 0.38× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $138.6M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $126.6M | $28.9M |
| 自由现金流率自由现金流/营收 | 23.9% | 3.8% |
| 资本支出强度资本支出/营收 | 2.3% | 0.3% |
| 现金转化率经营现金流/净利润 | 3.47× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流RALSCSC
| Q4 25 | — | $30.8M | ||
| Q3 25 | $138.6M | $23.2M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $66.1M | ||
| Q4 24 | — | $-6.2M | ||
| Q3 24 | — | $44.8M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $160.2M |
自由现金流RALSCSC
| Q4 25 | — | $28.9M | ||
| Q3 25 | $126.6M | $20.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | — | $42.5M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $157.7M |
自由现金流率RALSCSC
| Q4 25 | — | 3.8% | ||
| Q3 25 | 23.9% | 2.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 21.0% |
资本支出强度RALSCSC
| Q4 25 | — | 0.3% | ||
| Q3 25 | 2.3% | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | 0.3% |
现金转化率RALSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | 3.47× | 1.17× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 3.79× | ||
| Q4 24 | — | -0.36× | ||
| Q3 24 | — | 2.64× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 12.51× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
RAL
| Industrial Manufacturing | $111.1M | 21% |
| Defense And Space | $93.6M | 18% |
| Diversified Electronics | $91.0M | 17% |
| Test And Measurement | $76.8M | 15% |
| Communications | $60.7M | 11% |
| Semiconductors | $51.4M | 10% |
| Other Direct End Markets | $44.4M | 8% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
