vs
RPC INC（RES）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RPC INC的1.8倍（$766.5M vs $425.8M），SCANSOURCE, INC.净利率更高（2.2% vs -0.7%，领先2.9%），RPC INC同比增速更快（27.0% vs 2.5%），RPC INC自由现金流更多（$31.2M vs $28.9M），过去两年RPC INC的营收复合增速更高（6.2% vs 0.9%）
RPC集团是总部位于英国的企业，曾是欧洲规模最大的塑料包装供应商之一，总部坐落于北安普敦郡的拉什登。该公司此前在伦敦证券交易所上市，2019年被贝瑞全球集团收购，贝瑞全球集团又于2025年被安海斯包装收购。
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。
RES vs SCSC — 直观对比
营收规模更大
SCSC
是对方的1.8倍
$425.8M
营收增速更快
RES
高出24.4%
2.5%
净利率更高
SCSC
高出2.9%
-0.7%
自由现金流更多
RES
多$2.4M
$28.9M
两年增速更快
RES
近两年复合增速
0.9%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $425.8M | $766.5M |
| 净利润 | $-3.1M | $16.5M |
| 毛利率 | 21.0% | 13.4% |
| 营业利润率 | -0.9% | 2.3% |
| 净利率 | -0.7% | 2.2% |
| 营收同比 | 27.0% | 2.5% |
| 净利润同比 | -124.0% | -3.3% |
| 每股收益（稀释后） | $-0.02 | $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RESSCSC
| Q4 25 | $425.8M | $766.5M | ||
| Q3 25 | $447.1M | $739.6M | ||
| Q2 25 | $420.8M | $812.9M | ||
| Q1 25 | $332.9M | $704.8M | ||
| Q4 24 | $335.4M | $747.5M | ||
| Q3 24 | $337.7M | $775.6M | ||
| Q2 24 | $364.2M | $746.1M | ||
| Q1 24 | $377.8M | $752.6M |
净利润RESSCSC
| Q4 25 | $-3.1M | $16.5M | ||
| Q3 25 | $13.0M | $19.9M | ||
| Q2 25 | $10.1M | $20.1M | ||
| Q1 25 | $12.0M | $17.4M | ||
| Q4 24 | $12.8M | $17.1M | ||
| Q3 24 | $18.8M | $17.0M | ||
| Q2 24 | $32.4M | $16.1M | ||
| Q1 24 | $27.5M | $12.8M |
毛利率RESSCSC
| Q4 25 | 21.0% | 13.4% | ||
| Q3 25 | 25.1% | 14.5% | ||
| Q2 25 | 24.5% | 12.9% | ||
| Q1 25 | 26.7% | 14.2% | ||
| Q4 24 | 25.4% | 13.6% | ||
| Q3 24 | 26.7% | 13.1% | ||
| Q2 24 | 28.0% | 13.0% | ||
| Q1 24 | 26.8% | 12.6% |
营业利润率RESSCSC
| Q4 25 | -0.9% | 2.3% | ||
| Q3 25 | 4.7% | 3.5% | ||
| Q2 25 | 3.7% | 3.3% | ||
| Q1 25 | 3.7% | 3.2% | ||
| Q4 24 | 3.1% | 2.5% | ||
| Q3 24 | 5.7% | 2.3% | ||
| Q2 24 | 9.7% | 2.9% | ||
| Q1 24 | 8.6% | 2.3% |
净利率RESSCSC
| Q4 25 | -0.7% | 2.2% | ||
| Q3 25 | 2.9% | 2.7% | ||
| Q2 25 | 2.4% | 2.5% | ||
| Q1 25 | 3.6% | 2.5% | ||
| Q4 24 | 3.8% | 2.3% | ||
| Q3 24 | 5.6% | 2.2% | ||
| Q2 24 | 8.9% | 2.2% | ||
| Q1 24 | 7.3% | 1.7% |
每股收益（稀释后）RESSCSC
| Q4 25 | $-0.02 | $0.75 | ||
| Q3 25 | $0.06 | $0.89 | ||
| Q2 25 | $0.05 | $0.87 | ||
| Q1 25 | $0.06 | $0.74 | ||
| Q4 24 | $0.06 | $0.70 | ||
| Q3 24 | $0.09 | $0.69 | ||
| Q2 24 | $0.15 | $0.66 | ||
| Q1 24 | $0.13 | $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 | $210.0M | $83.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $910.9M |
| 总资产 | $1.5B | $1.7B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资RESSCSC
| Q4 25 | $210.0M | $83.5M | ||
| Q3 25 | $163.5M | $124.9M | ||
| Q2 25 | $162.1M | $126.2M | ||
| Q1 25 | $326.7M | $146.3M | ||
| Q4 24 | $326.0M | $110.5M | ||
| Q3 24 | $276.9M | $145.0M | ||
| Q2 24 | $261.5M | $185.5M | ||
| Q1 24 | $212.2M | $159.1M |
股东权益RESSCSC
| Q4 25 | $1.1B | $910.9M | ||
| Q3 25 | $1.1B | $914.0M | ||
| Q2 25 | $1.1B | $906.4M | ||
| Q1 25 | $1.1B | $901.7M | ||
| Q4 24 | $1.1B | $900.7M | ||
| Q3 24 | $1.1B | $920.9M | ||
| Q2 24 | $1.1B | $924.3M | ||
| Q1 24 | $1.0B | $944.1M |
总资产RESSCSC
| Q4 25 | $1.5B | $1.7B | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.3B | $1.7B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.3B | $1.8B | ||
| Q1 24 | $1.3B | $1.8B |
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 | $61.9M | $30.8M |
| 自由现金流经营现金流 - 资本支出 | $31.2M | $28.9M |
| 自由现金流率自由现金流/营收 | 7.3% | 3.8% |
| 资本支出强度资本支出/营收 | 7.2% | 0.3% |
| 现金转化率经营现金流/净利润 | — | 1.87× |
| 过去12个月自由现金流最近4个季度 | $52.9M | — |
8季度趋势，按日历期对齐
经营现金流RESSCSC
| Q4 25 | $61.9M | $30.8M | ||
| Q3 25 | $46.5M | $23.2M | ||
| Q2 25 | $53.1M | — | ||
| Q1 25 | $39.9M | $66.1M | ||
| Q4 24 | $94.2M | $-6.2M | ||
| Q3 24 | $70.7M | $44.8M | ||
| Q2 24 | $127.9M | — | ||
| Q1 24 | $56.6M | $160.2M |
自由现金流RESSCSC
| Q4 25 | $31.2M | $28.9M | ||
| Q3 25 | $4.1M | $20.8M | ||
| Q2 25 | $10.0M | — | ||
| Q1 25 | $7.6M | $64.6M | ||
| Q4 24 | $53.7M | $-8.2M | ||
| Q3 24 | $19.1M | $42.5M | ||
| Q2 24 | $52.9M | — | ||
| Q1 24 | $3.8M | $157.7M |
自由现金流率RESSCSC
| Q4 25 | 7.3% | 3.8% | ||
| Q3 25 | 0.9% | 2.8% | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | 2.3% | 9.2% | ||
| Q4 24 | 16.0% | -1.1% | ||
| Q3 24 | 5.6% | 5.5% | ||
| Q2 24 | 14.5% | — | ||
| Q1 24 | 1.0% | 21.0% |
资本支出强度RESSCSC
| Q4 25 | 7.2% | 0.3% | ||
| Q3 25 | 9.5% | 0.3% | ||
| Q2 25 | 10.2% | 0.3% | ||
| Q1 25 | 9.7% | 0.2% | ||
| Q4 24 | 12.1% | 0.3% | ||
| Q3 24 | 15.3% | 0.3% | ||
| Q2 24 | 20.6% | 0.2% | ||
| Q1 24 | 14.0% | 0.3% |
现金转化率RESSCSC
| Q4 25 | — | 1.87× | ||
| Q3 25 | 3.59× | 1.17× | ||
| Q2 25 | 5.23× | — | ||
| Q1 25 | 3.31× | 3.79× | ||
| Q4 24 | 7.38× | -0.36× | ||
| Q3 24 | 3.76× | 2.64× | ||
| Q2 24 | 3.95× | — | ||
| Q1 24 | 2.06× | 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
RES
| Technical Service | $405.2M | 95% |
| Other | $8.8M | 2% |
| Nitrogen | $6.6M | 2% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
