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SCANSOURCE, INC.（SCSC）与SM Energy Co（SM）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SM Energy Co的1.1倍（$766.5M vs $704.9M），SCANSOURCE, INC.同比增速更快（2.5% vs -17.3%），过去两年SM Energy Co的营收复合增速更高（12.2% vs 0.9%）
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。
SM能源公司是一家专注于油气勘探开发的能源企业，注册地位于美国特拉华州，总部设立在科罗拉多州丹佛市，业务围绕 hydrocarbon 资源的勘探布局，在能源勘探领域拥有成熟的运营经验。
SCSC vs SM — 直观对比
营收规模更大
SCSC
是对方的1.1倍
$704.9M
营收增速更快
SCSC
高出19.8%
-17.3%
两年增速更快
SM
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $704.9M |
| 净利润 | $16.5M | — |
| 毛利率 | 13.4% | — |
| 营业利润率 | 2.3% | 25.9% |
| 净利率 | 2.2% | — |
| 营收同比 | 2.5% | -17.3% |
| 净利润同比 | -3.3% | — |
| 每股收益（稀释后） | $0.75 | $0.94 |
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SCSCSM
| Q4 25 | $766.5M | $704.9M | ||
| Q3 25 | $739.6M | $811.6M | ||
| Q2 25 | $812.9M | $792.9M | ||
| Q1 25 | $704.8M | $844.5M | ||
| Q4 24 | $747.5M | $852.0M | ||
| Q3 24 | $775.6M | $643.6M | ||
| Q2 24 | $746.1M | $634.6M | ||
| Q1 24 | $752.6M | $559.9M |
净利润SCSCSM
| Q4 25 | $16.5M | — | ||
| Q3 25 | $19.9M | $155.1M | ||
| Q2 25 | $20.1M | $201.7M | ||
| Q1 25 | $17.4M | $182.3M | ||
| Q4 24 | $17.1M | — | ||
| Q3 24 | $17.0M | $240.5M | ||
| Q2 24 | $16.1M | $210.3M | ||
| Q1 24 | $12.8M | $131.2M |
毛利率SCSCSM
| Q4 25 | 13.4% | — | ||
| Q3 25 | 14.5% | — | ||
| Q2 25 | 12.9% | — | ||
| Q1 25 | 14.2% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 13.1% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 12.6% | — |
营业利润率SCSCSM
| Q4 25 | 2.3% | 25.9% | ||
| Q3 25 | 3.5% | 30.4% | ||
| Q2 25 | 3.3% | 37.2% | ||
| Q1 25 | 3.2% | 32.7% | ||
| Q4 24 | 2.5% | 33.7% | ||
| Q3 24 | 2.3% | 51.4% | ||
| Q2 24 | 2.9% | 44.0% | ||
| Q1 24 | 2.3% | 31.9% |
净利率SCSCSM
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.7% | 19.1% | ||
| Q2 25 | 2.5% | 25.4% | ||
| Q1 25 | 2.5% | 21.6% | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.2% | 37.4% | ||
| Q2 24 | 2.2% | 33.1% | ||
| Q1 24 | 1.7% | 23.4% |
每股收益（稀释后）SCSCSM
| Q4 25 | $0.75 | $0.94 | ||
| Q3 25 | $0.89 | $1.35 | ||
| Q2 25 | $0.87 | $1.76 | ||
| Q1 25 | $0.74 | $1.59 | ||
| Q4 24 | $0.70 | $1.63 | ||
| Q3 24 | $0.69 | $2.09 | ||
| Q2 24 | $0.66 | $1.82 | ||
| Q1 24 | $0.50 | $1.13 |
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 | $83.5M | $368.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $910.9M | $4.8B |
| 总资产 | $1.7B | $9.3B |
| 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SCSCSM
| Q4 25 | $83.5M | $368.0M | ||
| Q3 25 | $124.9M | $162.3M | ||
| Q2 25 | $126.2M | $101.9M | ||
| Q1 25 | $146.3M | $54.0K | ||
| Q4 24 | $110.5M | — | ||
| Q3 24 | $145.0M | $1.7B | ||
| Q2 24 | $185.5M | $487.9M | ||
| Q1 24 | $159.1M | $506.3M |
股东权益SCSCSM
| Q4 25 | $910.9M | $4.8B | ||
| Q3 25 | $914.0M | $4.7B | ||
| Q2 25 | $906.4M | $4.6B | ||
| Q1 25 | $901.7M | $4.4B | ||
| Q4 24 | $900.7M | $4.2B | ||
| Q3 24 | $920.9M | $4.1B | ||
| Q2 24 | $924.3M | $3.8B | ||
| Q1 24 | $944.1M | $3.7B |
总资产SCSCSM
| Q4 25 | $1.7B | $9.3B | ||
| Q3 25 | $1.7B | $9.1B | ||
| Q2 25 | $1.8B | $9.0B | ||
| Q1 25 | $1.7B | $8.8B | ||
| Q4 24 | $1.7B | $8.6B | ||
| Q3 24 | $1.8B | $8.0B | ||
| Q2 24 | $1.8B | $6.7B | ||
| Q1 24 | $1.8B | $6.4B |
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 | $30.8M | $451.9M |
| 自由现金流经营现金流 - 资本支出 | $28.9M | — |
| 自由现金流率自由现金流/营收 | 3.8% | — |
| 资本支出强度资本支出/营收 | 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 | — | — |
8季度趋势，按日历期对齐
经营现金流SCSCSM
| Q4 25 | $30.8M | $451.9M | ||
| Q3 25 | $23.2M | $505.0M | ||
| Q2 25 | — | $571.1M | ||
| Q1 25 | $66.1M | $483.0M | ||
| Q4 24 | $-6.2M | $578.4M | ||
| Q3 24 | $44.8M | $452.3M | ||
| Q2 24 | — | $476.4M | ||
| Q1 24 | $160.2M | $276.0M |
自由现金流SCSCSM
| Q4 25 | $28.9M | — | ||
| Q3 25 | $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SCSCSM
| Q4 25 | 3.8% | — | ||
| Q3 25 | 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SCSCSM
| Q4 25 | 0.3% | — | ||
| Q3 25 | 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SCSCSM
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.17× | 3.26× | ||
| Q2 25 | — | 2.83× | ||
| Q1 25 | 3.79× | 2.65× | ||
| Q4 24 | -0.36× | — | ||
| Q3 24 | 2.64× | 1.88× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | 12.51× | 2.10× |
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
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
SM
暂无分部数据
