vs
SCANSOURCE, INC.（SCSC）与STANDARD MOTOR PRODUCTS, INC.（SMP）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STANDARD MOTOR PRODUCTS, INC.的2.0倍（$766.5M vs $385.1M），SCANSOURCE, INC.净利率更高（2.2% vs 2.0%，领先0.1%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs 2.5%），SCANSOURCE, INC.自由现金流更多（$28.9M vs $-37.6M），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% 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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
SCSC vs SMP — 直观对比
营收规模更大
SCSC
是对方的2.0倍
$385.1M
营收增速更快
SMP
高出9.6%
2.5%
净利率更高
SCSC
高出0.1%
2.0%
自由现金流更多
SCSC
多$66.5M
$-37.6M
两年增速更快
SMP
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $385.1M |
| 净利润 | $16.5M | $7.9M |
| 毛利率 | 13.4% | 31.7% |
| 营业利润率 | 2.3% | 5.6% |
| 净利率 | 2.2% | 2.0% |
| 营收同比 | 2.5% | 12.2% |
| 净利润同比 | -3.3% | 457.9% |
| 每股收益（稀释后） | $0.75 | $0.34 |
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SCSCSMP
| Q4 25 | $766.5M | $385.1M | ||
| Q3 25 | $739.6M | $498.8M | ||
| Q2 25 | $812.9M | $493.9M | ||
| Q1 25 | $704.8M | $413.4M | ||
| Q4 24 | $747.5M | $343.4M | ||
| Q3 24 | $775.6M | $399.3M | ||
| Q2 24 | $746.1M | $389.8M | ||
| Q1 24 | $752.6M | $331.4M |
净利润SCSCSMP
| Q4 25 | $16.5M | $7.9M | ||
| Q3 25 | $19.9M | $-4.3M | ||
| Q2 25 | $20.1M | $25.2M | ||
| Q1 25 | $17.4M | $12.6M | ||
| Q4 24 | $17.1M | $-2.2M | ||
| Q3 24 | $17.0M | $3.8M | ||
| Q2 24 | $16.1M | $17.1M | ||
| Q1 24 | $12.8M | $8.8M |
毛利率SCSCSMP
| Q4 25 | 13.4% | 31.7% | ||
| Q3 25 | 14.5% | 32.4% | ||
| Q2 25 | 12.9% | 30.6% | ||
| Q1 25 | 14.2% | 30.2% | ||
| Q4 24 | 13.6% | 29.4% | ||
| Q3 24 | 13.1% | 30.4% | ||
| Q2 24 | 13.0% | 28.6% | ||
| Q1 24 | 12.6% | 27.0% |
营业利润率SCSCSMP
| Q4 25 | 2.3% | 5.6% | ||
| Q3 25 | 3.5% | 9.5% | ||
| Q2 25 | 3.3% | 8.7% | ||
| Q1 25 | 3.2% | 5.9% | ||
| Q4 24 | 2.5% | 1.1% | ||
| Q3 24 | 2.3% | 9.3% | ||
| Q2 24 | 2.9% | 6.4% | ||
| Q1 24 | 2.3% | 4.4% |
净利率SCSCSMP
| Q4 25 | 2.2% | 2.0% | ||
| Q3 25 | 2.7% | -0.9% | ||
| Q2 25 | 2.5% | 5.1% | ||
| Q1 25 | 2.5% | 3.0% | ||
| Q4 24 | 2.3% | -0.6% | ||
| Q3 24 | 2.2% | 1.0% | ||
| Q2 24 | 2.2% | 4.4% | ||
| Q1 24 | 1.7% | 2.7% |
每股收益（稀释后）SCSCSMP
| Q4 25 | $0.75 | $0.34 | ||
| Q3 25 | $0.89 | $-0.19 | ||
| Q2 25 | $0.87 | $1.13 | ||
| Q1 25 | $0.74 | $0.56 | ||
| Q4 24 | $0.70 | $-0.09 | ||
| Q3 24 | $0.69 | $0.17 | ||
| Q2 24 | $0.66 | $0.77 | ||
| Q1 24 | $0.50 | $0.39 |
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 | — |
| 总债务越低越好 | — | $618.7M |
| 股东权益账面价值 | $910.9M | $683.7M |
| 总资产 | $1.7B | $2.0B |
| 负债/权益比越低杠杆越低 | — | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资SCSCSMP
| Q4 25 | $83.5M | — | ||
| Q3 25 | $124.9M | $87.2M | ||
| Q2 25 | $126.2M | $58.8M | ||
| Q1 25 | $146.3M | $50.3M | ||
| Q4 24 | $110.5M | $44.4M | ||
| Q3 24 | $145.0M | $26.3M | ||
| Q2 24 | $185.5M | $26.2M | ||
| Q1 24 | $159.1M | $27.1M |
总债务SCSCSMP
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $589.5M | ||
| Q2 25 | — | $636.6M | ||
| Q1 25 | — | $650.6M | ||
| Q4 24 | — | $562.3M | ||
| Q3 24 | — | $142.8M | ||
| Q2 24 | — | $208.2M | ||
| Q1 24 | — | $214.9M |
股东权益SCSCSMP
| Q4 25 | $910.9M | $683.7M | ||
| Q3 25 | $914.0M | $677.4M | ||
| Q2 25 | $906.4M | $688.6M | ||
| Q1 25 | $901.7M | $638.0M | ||
| Q4 24 | $900.7M | $615.7M | ||
| Q3 24 | $920.9M | $638.8M | ||
| Q2 24 | $924.3M | $640.0M | ||
| Q1 24 | $944.1M | $639.1M |
总资产SCSCSMP
| Q4 25 | $1.7B | $2.0B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.8B | $2.0B | ||
| Q1 25 | $1.7B | $1.9B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.8B | $1.4B | ||
| Q2 24 | $1.8B | $1.4B | ||
| Q1 24 | $1.8B | $1.4B |
负债/权益比SCSCSMP
| Q4 25 | — | 0.90× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 1.02× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | 0.22× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $28.9M | $-37.6M |
| 自由现金流率自由现金流/营收 | 3.8% | -9.8% |
| 资本支出强度资本支出/营收 | 0.3% | 2.4% |
| 现金转化率经营现金流/净利润 | 1.87× | -3.59× |
| 过去12个月自由现金流最近4个季度 | — | $18.7M |
8季度趋势，按日历期对齐
经营现金流SCSCSMP
| Q4 25 | $30.8M | $-28.2M | ||
| Q3 25 | $23.2M | $91.6M | ||
| Q2 25 | — | $54.3M | ||
| Q1 25 | $66.1M | $-60.2M | ||
| Q4 24 | $-6.2M | $-1.5M | ||
| Q3 24 | $44.8M | $88.3M | ||
| Q2 24 | — | $35.6M | ||
| Q1 24 | $160.2M | $-45.7M |
自由现金流SCSCSMP
| Q4 25 | $28.9M | $-37.6M | ||
| Q3 25 | $20.8M | $81.5M | ||
| Q2 25 | — | $44.2M | ||
| Q1 25 | $64.6M | $-69.4M | ||
| Q4 24 | $-8.2M | $-11.4M | ||
| Q3 24 | $42.5M | $77.1M | ||
| Q2 24 | — | $22.7M | ||
| Q1 24 | $157.7M | $-55.8M |
自由现金流率SCSCSMP
| Q4 25 | 3.8% | -9.8% | ||
| Q3 25 | 2.8% | 16.3% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | 9.2% | -16.8% | ||
| Q4 24 | -1.1% | -3.3% | ||
| Q3 24 | 5.5% | 19.3% | ||
| Q2 24 | — | 5.8% | ||
| Q1 24 | 21.0% | -16.8% |
资本支出强度SCSCSMP
| Q4 25 | 0.3% | 2.4% | ||
| Q3 25 | 0.3% | 2.0% | ||
| Q2 25 | 0.3% | 2.1% | ||
| Q1 25 | 0.2% | 2.2% | ||
| Q4 24 | 0.3% | 2.9% | ||
| Q3 24 | 0.3% | 2.8% | ||
| Q2 24 | 0.2% | 3.3% | ||
| Q1 24 | 0.3% | 3.0% |
现金转化率SCSCSMP
| Q4 25 | 1.87× | -3.59× | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | — | 2.15× | ||
| Q1 25 | 3.79× | -4.79× | ||
| Q4 24 | -0.36× | — | ||
| Q3 24 | 2.64× | 23.19× | ||
| Q2 24 | — | 2.09× | ||
| Q1 24 | 12.51× | -5.18× |
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% |
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
