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学乐集团（SCHL）与威立（WLY）财务数据对比。点击上方公司名可切换其他公司
学乐集团的季度营收约是威立的1.3倍（$551.1M vs $421.8M）。威立净利率更高（10.6% vs 10.1%，领先0.5%）。学乐集团同比增速更快（1.2% vs -1.1%）。过去两年学乐集团的营收复合增速更高（30.5% vs -4.3%）
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。
约翰威立国际出版公司是美国跨国出版企业，1807年成立，专注于学术出版与教学资料发行。业务覆盖纸质和电子形式的图书、期刊、百科全书，同时面向本科生、研究生及继续教育群体提供线上产品与服务、培训材料和教育资源，在全球学术与教育出版领域拥有深厚积累。
SCHL vs WLY — 直观对比
营收规模更大
SCHL
是对方的1.3倍
$421.8M
营收增速更快
SCHL
高出2.3%
-1.1%
净利率更高
WLY
高出0.5%
10.1%
两年增速更快
SCHL
近两年复合增速
-4.3%
损益表 — Q2 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $551.1M | $421.8M |
| 净利润 | $55.9M | $44.9M |
| 毛利率 | 59.1% | 75.2% |
| 营业利润率 | 15.0% | 17.3% |
| 净利率 | 10.1% | 10.6% |
| 营收同比 | 1.2% | -1.1% |
| 净利润同比 | 14.5% | 11.0% |
| 每股收益（稀释后） | $2.17 | $0.84 |
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SCHLWLY
| Q4 25 | $551.1M | $421.8M | ||
| Q3 25 | $225.6M | $396.8M | ||
| Q2 25 | $508.3M | $442.6M | ||
| Q1 25 | $335.4M | $404.6M | ||
| Q4 24 | $544.6M | $426.6M | ||
| Q3 24 | $237.2M | $403.8M | ||
| Q2 24 | $474.9M | $468.5M | ||
| Q1 24 | $323.7M | $460.7M |
净利润SCHLWLY
| Q4 25 | $55.9M | $44.9M | ||
| Q3 25 | $-71.1M | $11.7M | ||
| Q2 25 | $15.4M | $68.1M | ||
| Q1 25 | $-3.6M | $-23.0M | ||
| Q4 24 | $48.8M | $40.5M | ||
| Q3 24 | $-62.5M | $-1.4M | ||
| Q2 24 | $35.9M | $25.3M | ||
| Q1 24 | $-26.5M | $-113.9M |
毛利率SCHLWLY
| Q4 25 | 59.1% | 75.2% | ||
| Q3 25 | 45.3% | 72.5% | ||
| Q2 25 | 59.2% | 74.9% | ||
| Q1 25 | 53.9% | 74.2% | ||
| Q4 24 | 58.0% | 74.9% | ||
| Q3 24 | 45.9% | 73.0% | ||
| Q2 24 | 59.5% | 73.7% | ||
| Q1 24 | 54.1% | 68.8% |
营业利润率SCHLWLY
| Q4 25 | 15.0% | 17.3% | ||
| Q3 25 | -40.9% | 7.8% | ||
| Q2 25 | 10.5% | 17.3% | ||
| Q1 25 | -7.1% | 12.8% | ||
| Q4 24 | 13.7% | 15.0% | ||
| Q3 24 | -37.3% | 7.2% | ||
| Q2 24 | 9.9% | 14.7% | ||
| Q1 24 | -10.8% | -10.1% |
净利率SCHLWLY
| Q4 25 | 10.1% | 10.6% | ||
| Q3 25 | -31.5% | 2.9% | ||
| Q2 25 | 3.0% | 15.4% | ||
| Q1 25 | -1.1% | -5.7% | ||
| Q4 24 | 9.0% | 9.5% | ||
| Q3 24 | -26.3% | -0.4% | ||
| Q2 24 | 7.6% | 5.4% | ||
| Q1 24 | -8.2% | -24.7% |
每股收益（稀释后）SCHLWLY
| Q4 25 | $2.17 | $0.84 | ||
| Q3 25 | $-2.83 | $0.22 | ||
| Q2 25 | $0.56 | $1.25 | ||
| Q1 25 | $-0.13 | $-0.43 | ||
| Q4 24 | $1.71 | $0.74 | ||
| Q3 24 | $-2.21 | $-0.03 | ||
| Q2 24 | $1.21 | $0.45 | ||
| Q1 24 | $-0.91 | $-2.08 |
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 | $99.3M | $67.4M |
| 总债务越低越好 | — | $871.7M |
| 股东权益账面价值 | $931.2M | $740.2M |
| 总资产 | $2.0B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 1.18× |
8季度趋势，按日历期对齐
现金及短期投资SCHLWLY
| Q4 25 | $99.3M | $67.4M | ||
| Q3 25 | $94.3M | $81.8M | ||
| Q2 25 | $124.0M | $85.9M | ||
| Q1 25 | $94.7M | $104.5M | ||
| Q4 24 | $139.6M | $75.5M | ||
| Q3 24 | $84.1M | $82.5M | ||
| Q2 24 | $113.7M | $83.2M | ||
| Q1 24 | $110.4M | $93.1M |
总债务SCHLWLY
| Q4 25 | — | $871.7M | ||
| Q3 25 | — | $828.3M | ||
| Q2 25 | — | $799.4M | ||
| Q1 25 | — | $887.2M | ||
| Q4 24 | — | $961.0M | ||
| Q3 24 | $231.1M | $918.6M | ||
| Q2 24 | — | $774.6M | ||
| Q1 24 | — | $906.8M |
股东权益SCHLWLY
| Q4 25 | $931.2M | $740.2M | ||
| Q3 25 | $878.0M | $733.1M | ||
| Q2 25 | $946.5M | $752.2M | ||
| Q1 25 | $941.3M | $685.2M | ||
| Q4 24 | $986.0M | $755.3M | ||
| Q3 24 | $957.3M | $713.7M | ||
| Q2 24 | $1.0B | $739.7M | ||
| Q1 24 | $997.6M | $748.3M |
总资产SCHLWLY
| Q4 25 | $2.0B | $2.5B | ||
| Q3 25 | $2.0B | $2.5B | ||
| Q2 25 | $2.0B | $2.7B | ||
| Q1 25 | $2.0B | $2.6B | ||
| Q4 24 | $2.0B | $2.6B | ||
| Q3 24 | $2.0B | $2.7B | ||
| Q2 24 | $1.7B | $2.7B | ||
| Q1 24 | $1.7B | $2.7B |
负债/权益比SCHLWLY
| Q4 25 | — | 1.18× | ||
| Q3 25 | — | 1.13× | ||
| Q2 25 | — | 1.06× | ||
| Q1 25 | — | 1.29× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | 0.24× | 1.29× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.21× |
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 | $73.2M | $8.5M |
| 自由现金流经营现金流 - 资本支出 | — | $-4.6M |
| 自由现金流率自由现金流/营收 | — | -1.1% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | 1.31× | 0.19× |
| 过去12个月自由现金流最近4个季度 | — | $162.5M |
8季度趋势，按日历期对齐
经营现金流SCHLWLY
| Q4 25 | $73.2M | $8.5M | ||
| Q3 25 | $-81.8M | $-85.0M | ||
| Q2 25 | $106.9M | $150.3M | ||
| Q1 25 | $-12.0M | $146.2M | ||
| Q4 24 | $71.2M | $-5.3M | ||
| Q3 24 | $-41.9M | $-88.7M | ||
| Q2 24 | $69.9M | $183.3M | ||
| Q1 24 | $13.1M | $107.8M |
自由现金流SCHLWLY
| Q4 25 | — | $-4.6M | ||
| Q3 25 | — | $-97.0M | ||
| Q2 25 | — | $131.2M | ||
| Q1 25 | — | $132.9M | ||
| Q4 24 | — | $-19.8M | ||
| Q3 24 | — | $-103.2M | ||
| Q2 24 | — | $164.5M | ||
| Q1 24 | — | $90.9M |
自由现金流率SCHLWLY
| Q4 25 | — | -1.1% | ||
| Q3 25 | — | -24.4% | ||
| Q2 25 | — | 29.6% | ||
| Q1 25 | — | 32.9% | ||
| Q4 24 | — | -4.6% | ||
| Q3 24 | — | -25.6% | ||
| Q2 24 | — | 35.1% | ||
| Q1 24 | — | 19.7% |
资本支出强度SCHLWLY
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 3.0% | ||
| Q2 25 | — | 4.3% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 3.6% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 3.7% |
现金转化率SCHLWLY
| Q4 25 | 1.31× | 0.19× | ||
| Q3 25 | — | -7.27× | ||
| Q2 25 | 6.94× | 2.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.46× | -0.13× | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.95× | 7.25× | ||
| Q1 24 | — | — |
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
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% |
WLY
| Research Publishing | $241.4M | 57% |
| Academic Products | $87.0M | 21% |
| Professional Products | $56.2M | 13% |
| Research Solutions | $37.1M | 9% |
