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SAIA INC（SAIA）与学乐集团（SCHL）财务数据对比。点击上方公司名可切换其他公司
SAIA INC的季度营收约是学乐集团的1.4倍（$790.0M vs $551.1M），学乐集团净利率更高（10.1% vs 6.0%，领先4.1%），学乐集团同比增速更快（1.2% vs 0.1%），过去两年学乐集团的营收复合增速更高（30.5% vs 2.3%）
Saia是美国知名零担货运企业，1924年创立于路易斯安那州霍马。成立最初五十年仅在路易斯安那州和得克萨斯州运营，1980年后逐步向美国南部多州扩张，后续通过同业并购将服务覆盖至36个州，目前位列美国零担承运商前十，年营收超18亿美元。
学乐集团是美国跨国出版教育传媒企业，面向学校、教师、家长、儿童及各类教育机构出版发行图书、漫画与各类教育素材。产品通过零售、线上渠道销售，同时还通过校园阅读俱乐部与书展进入校园，大红狗克利福德是集团的官方吉祥物。
SAIA vs SCHL — 直观对比
营收规模更大
SAIA
是对方的1.4倍
$551.1M
营收增速更快
SCHL
高出1.1%
0.1%
净利率更高
SCHL
高出4.1%
6.0%
两年增速更快
SCHL
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $790.0M | $551.1M |
| 净利润 | $47.5M | $55.9M |
| 毛利率 | — | 59.1% |
| 营业利润率 | 8.1% | 15.0% |
| 净利率 | 6.0% | 10.1% |
| 营收同比 | 0.1% | 1.2% |
| 净利润同比 | -37.6% | 14.5% |
| 每股收益（稀释后） | $1.77 | $2.17 |
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SAIASCHL
| Q4 25 | $790.0M | $551.1M | ||
| Q3 25 | $839.6M | $225.6M | ||
| Q2 25 | $817.1M | $508.3M | ||
| Q1 25 | $787.6M | $335.4M | ||
| Q4 24 | $789.0M | $544.6M | ||
| Q3 24 | $842.1M | $237.2M | ||
| Q2 24 | $823.2M | $474.9M | ||
| Q1 24 | $754.8M | $323.7M |
净利润SAIASCHL
| Q4 25 | $47.5M | $55.9M | ||
| Q3 25 | $86.3M | $-71.1M | ||
| Q2 25 | $71.4M | $15.4M | ||
| Q1 25 | $49.8M | $-3.6M | ||
| Q4 24 | $76.1M | $48.8M | ||
| Q3 24 | $92.7M | $-62.5M | ||
| Q2 24 | $102.5M | $35.9M | ||
| Q1 24 | $90.7M | $-26.5M |
毛利率SAIASCHL
| Q4 25 | — | 59.1% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 59.2% | ||
| Q1 25 | — | 53.9% | ||
| Q4 24 | — | 58.0% | ||
| Q3 24 | — | 45.9% | ||
| Q2 24 | — | 59.5% | ||
| Q1 24 | — | 54.1% |
营业利润率SAIASCHL
| Q4 25 | 8.1% | 15.0% | ||
| Q3 25 | 14.1% | -40.9% | ||
| Q2 25 | 12.2% | 10.5% | ||
| Q1 25 | 8.9% | -7.1% | ||
| Q4 24 | 12.9% | 13.7% | ||
| Q3 24 | 14.9% | -37.3% | ||
| Q2 24 | 16.7% | 9.9% | ||
| Q1 24 | 15.6% | -10.8% |
净利率SAIASCHL
| Q4 25 | 6.0% | 10.1% | ||
| Q3 25 | 10.3% | -31.5% | ||
| Q2 25 | 8.7% | 3.0% | ||
| Q1 25 | 6.3% | -1.1% | ||
| Q4 24 | 9.6% | 9.0% | ||
| Q3 24 | 11.0% | -26.3% | ||
| Q2 24 | 12.5% | 7.6% | ||
| Q1 24 | 12.0% | -8.2% |
每股收益（稀释后）SAIASCHL
| Q4 25 | $1.77 | $2.17 | ||
| Q3 25 | $3.22 | $-2.83 | ||
| Q2 25 | $2.67 | $0.56 | ||
| Q1 25 | $1.86 | $-0.13 | ||
| Q4 24 | $2.84 | $1.71 | ||
| Q3 24 | $3.46 | $-2.21 | ||
| Q2 24 | $3.83 | $1.21 | ||
| Q1 24 | $3.38 | $-0.91 |
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 | $19.7M | $99.3M |
| 总债务越低越好 | $163.0M | — |
| 股东权益账面价值 | $2.6B | $931.2M |
| 总资产 | $3.5B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资SAIASCHL
| Q4 25 | $19.7M | $99.3M | ||
| Q3 25 | $35.5M | $94.3M | ||
| Q2 25 | $18.8M | $124.0M | ||
| Q1 25 | $16.5M | $94.7M | ||
| Q4 24 | $19.5M | $139.6M | ||
| Q3 24 | $14.4M | $84.1M | ||
| Q2 24 | $11.2M | $113.7M | ||
| Q1 24 | $12.3M | $110.4M |
总债务SAIASCHL
| Q4 25 | $163.0M | — | ||
| Q3 25 | $218.0M | — | ||
| Q2 25 | $307.1M | — | ||
| Q1 25 | $291.8M | — | ||
| Q4 24 | $195.0M | — | ||
| Q3 24 | $184.2M | $231.1M | ||
| Q2 24 | $169.1M | — | ||
| Q1 24 | $76.6M | — |
股东权益SAIASCHL
| Q4 25 | $2.6B | $931.2M | ||
| Q3 25 | $2.5B | $878.0M | ||
| Q2 25 | $2.4B | $946.5M | ||
| Q1 25 | $2.4B | $941.3M | ||
| Q4 24 | $2.3B | $986.0M | ||
| Q3 24 | $2.2B | $957.3M | ||
| Q2 24 | $2.1B | $1.0B | ||
| Q1 24 | $2.0B | $997.6M |
总资产SAIASCHL
| Q4 25 | $3.5B | $2.0B | ||
| Q3 25 | $3.5B | $2.0B | ||
| Q2 25 | $3.5B | $2.0B | ||
| Q1 25 | $3.4B | $2.0B | ||
| Q4 24 | $3.2B | $2.0B | ||
| Q3 24 | $3.1B | $2.0B | ||
| Q2 24 | $3.0B | $1.7B | ||
| Q1 24 | $2.8B | $1.7B |
负债/权益比SAIASCHL
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.09× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.12× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | 0.08× | 0.24× | ||
| Q2 24 | 0.08× | — | ||
| Q1 24 | 0.04× | — |
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 | $137.3M | $73.2M |
| 自由现金流经营现金流 - 资本支出 | $37.5M | — |
| 自由现金流率自由现金流/营收 | 4.7% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 现金转化率经营现金流/净利润 | 2.89× | 1.31× |
| 过去12个月自由现金流最近4个季度 | $27.3M | — |
8季度趋势，按日历期对齐
经营现金流SAIASCHL
| Q4 25 | $137.3M | $73.2M | ||
| Q3 25 | $177.8M | $-81.8M | ||
| Q2 25 | $170.7M | $106.9M | ||
| Q1 25 | $109.1M | $-12.0M | ||
| Q4 24 | $164.7M | $71.2M | ||
| Q3 24 | $181.7M | $-41.9M | ||
| Q2 24 | $130.8M | $69.9M | ||
| Q1 24 | $106.5M | $13.1M |
自由现金流SAIASCHL
| Q4 25 | $37.5M | — | ||
| Q3 25 | $87.6M | — | ||
| Q2 25 | $-3.9M | — | ||
| Q1 25 | $-93.8M | — | ||
| Q4 24 | $-3.5M | — | ||
| Q3 24 | $-11.7M | — | ||
| Q2 24 | $-94.0M | — | ||
| Q1 24 | $-350.7M | — |
自由现金流率SAIASCHL
| Q4 25 | 4.7% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | -0.5% | — | ||
| Q1 25 | -11.9% | — | ||
| Q4 24 | -0.4% | — | ||
| Q3 24 | -1.4% | — | ||
| Q2 24 | -11.4% | — | ||
| Q1 24 | -46.5% | — |
资本支出强度SAIASCHL
| Q4 25 | 12.6% | — | ||
| Q3 25 | 10.8% | — | ||
| Q2 25 | 21.4% | — | ||
| Q1 25 | 25.8% | — | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 23.0% | — | ||
| Q2 24 | 27.3% | — | ||
| Q1 24 | 60.6% | — |
现金转化率SAIASCHL
| Q4 25 | 2.89× | 1.31× | ||
| Q3 25 | 2.06× | — | ||
| Q2 25 | 2.39× | 6.94× | ||
| Q1 25 | 2.19× | — | ||
| Q4 24 | 2.16× | 1.46× | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 1.28× | 1.95× | ||
| Q1 24 | 1.17× | — |
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
SAIA
暂无分部数据
SCHL
| Book Fairs | $242.0M | 44% |
| Trade US | $102.9M | 19% |
| Major Markets | $78.3M | 14% |
| Education Solutions | $62.2M | 11% |
| Book Clubs | $28.5M | 5% |
| Entertainment International | $13.5M | 2% |
| Other Markets | $11.2M | 2% |
| Trade International | $7.5M | 1% |
| Entertainment U.S. | $1.6M | 0% |
