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SCANSOURCE, INC.（SCSC）与TUTOR PERINI CORP（TPC）财务数据对比。点击上方公司名可切换其他公司
TUTOR PERINI CORP的季度营收约是SCANSOURCE, INC.的2.0倍（$1.5B vs $766.5M），SCANSOURCE, INC.净利率更高（2.2% vs 1.9%，领先0.2%），TUTOR PERINI CORP同比增速更快（41.2% vs 2.5%），TUTOR PERINI CORP自由现金流更多（$98.7M vs $28.9M），过去两年TUTOR PERINI CORP的营收复合增速更高（19.9% 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。
Tutor Perini集团是美国顶尖的大型总承包商之一，2008年由Perini公司与Tutor-Saliba公司合并成立，总部位于加利福尼亚州西尔马。公司业务覆盖北美全境，2024年营收约43.3亿美元，核心业务涵盖桥梁、公路、隧道、机场、公共交通系统等民用基建项目，同时也涉足建筑工程领域。
SCSC vs TPC — 直观对比
营收规模更大
TPC
是对方的2.0倍
$766.5M
营收增速更快
TPC
高出38.6%
2.5%
净利率更高
SCSC
高出0.2%
1.9%
自由现金流更多
TPC
多$69.8M
$28.9M
两年增速更快
TPC
近两年复合增速
0.9%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $1.5B |
| 净利润 | $16.5M | $28.8M |
| 毛利率 | 13.4% | 9.8% |
| 营业利润率 | 2.3% | 3.3% |
| 净利率 | 2.2% | 1.9% |
| 营收同比 | 2.5% | 41.2% |
| 净利润同比 | -3.3% | 136.3% |
| 每股收益（稀释后） | $0.75 | $0.53 |
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SCSCTPC
| Q4 25 | $766.5M | $1.5B | ||
| Q3 25 | $739.6M | $1.4B | ||
| Q2 25 | $812.9M | $1.4B | ||
| Q1 25 | $704.8M | $1.2B | ||
| Q4 24 | $747.5M | $1.1B | ||
| Q3 24 | $775.6M | $1.1B | ||
| Q2 24 | $746.1M | $1.1B | ||
| Q1 24 | $752.6M | $1.0B |
净利润SCSCTPC
| Q4 25 | $16.5M | $28.8M | ||
| Q3 25 | $19.9M | $3.6M | ||
| Q2 25 | $20.1M | $20.0M | ||
| Q1 25 | $17.4M | $28.0M | ||
| Q4 24 | $17.1M | $-79.4M | ||
| Q3 24 | $17.0M | $-100.9M | ||
| Q2 24 | $16.1M | $812.0K | ||
| Q1 24 | $12.8M | $15.8M |
毛利率SCSCTPC
| Q4 25 | 13.4% | 9.8% | ||
| Q3 25 | 14.5% | 12.0% | ||
| Q2 25 | 12.9% | 14.3% | ||
| Q1 25 | 14.2% | 10.8% | ||
| Q4 24 | 13.6% | -0.9% | ||
| Q3 24 | 13.1% | -2.4% | ||
| Q2 24 | 13.0% | 10.4% | ||
| Q1 24 | 12.6% | 11.0% |
营业利润率SCSCTPC
| Q4 25 | 2.3% | 3.3% | ||
| Q3 25 | 3.5% | 2.8% | ||
| Q2 25 | 3.3% | 5.6% | ||
| Q1 25 | 3.2% | 5.2% | ||
| Q4 24 | 2.5% | -8.1% | ||
| Q3 24 | 2.3% | -9.9% | ||
| Q2 24 | 2.9% | 3.6% | ||
| Q1 24 | 2.3% | 4.7% |
净利率SCSCTPC
| Q4 25 | 2.2% | 1.9% | ||
| Q3 25 | 2.7% | 0.3% | ||
| Q2 25 | 2.5% | 1.5% | ||
| Q1 25 | 2.5% | 2.2% | ||
| Q4 24 | 2.3% | -7.4% | ||
| Q3 24 | 2.2% | -9.3% | ||
| Q2 24 | 2.2% | 0.1% | ||
| Q1 24 | 1.7% | 1.5% |
每股收益（稀释后）SCSCTPC
| Q4 25 | $0.75 | $0.53 | ||
| Q3 25 | $0.89 | $0.07 | ||
| Q2 25 | $0.87 | $0.38 | ||
| Q1 25 | $0.74 | $0.53 | ||
| Q4 24 | $0.70 | $-1.53 | ||
| Q3 24 | $0.69 | $-1.92 | ||
| Q2 24 | $0.66 | $0.02 | ||
| Q1 24 | $0.50 | $0.30 |
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 | $734.6M |
| 总债务越低越好 | — | $407.4M |
| 股东权益账面价值 | $910.9M | $1.2B |
| 总资产 | $1.7B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 0.33× |
8季度趋势，按日历期对齐
现金及短期投资SCSCTPC
| Q4 25 | $83.5M | $734.6M | ||
| Q3 25 | $124.9M | $695.7M | ||
| Q2 25 | $126.2M | $526.1M | ||
| Q1 25 | $146.3M | $276.5M | ||
| Q4 24 | $110.5M | $455.1M | ||
| Q3 24 | $145.0M | $287.4M | ||
| Q2 24 | $185.5M | $267.1M | ||
| Q1 24 | $159.1M | $358.3M |
总债务SCSCTPC
| Q4 25 | — | $407.4M | ||
| Q3 25 | — | $413.1M | ||
| Q2 25 | — | $419.4M | ||
| Q1 25 | — | $405.6M | ||
| Q4 24 | — | $534.1M | ||
| Q3 24 | — | $681.4M | ||
| Q2 24 | — | $676.4M | ||
| Q1 24 | — | $801.2M |
股东权益SCSCTPC
| Q4 25 | $910.9M | $1.2B | ||
| Q3 25 | $914.0M | $1.2B | ||
| Q2 25 | $906.4M | $1.2B | ||
| Q1 25 | $901.7M | $1.2B | ||
| Q4 24 | $900.7M | $1.1B | ||
| Q3 24 | $920.9M | $1.2B | ||
| Q2 24 | $924.3M | $1.3B | ||
| Q1 24 | $944.1M | $1.3B |
总资产SCSCTPC
| Q4 25 | $1.7B | $5.2B | ||
| Q3 25 | $1.7B | $5.2B | ||
| Q2 25 | $1.8B | $4.9B | ||
| Q1 25 | $1.7B | $4.5B | ||
| Q4 24 | $1.7B | $4.2B | ||
| Q3 24 | $1.8B | $4.4B | ||
| Q2 24 | $1.8B | $4.3B | ||
| Q1 24 | $1.8B | $4.4B |
负债/权益比SCSCTPC
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.35× | ||
| Q2 25 | — | 0.35× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.56× | ||
| Q2 24 | — | 0.52× | ||
| Q1 24 | — | 0.61× |
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 | $173.7M |
| 自由现金流经营现金流 - 资本支出 | $28.9M | $98.7M |
| 自由现金流率自由现金流/营收 | 3.8% | 6.5% |
| 资本支出强度资本支出/营收 | 0.3% | 5.0% |
| 现金转化率经营现金流/净利润 | 1.87× | 6.02× |
| 过去12个月自由现金流最近4个季度 | — | $567.2M |
8季度趋势，按日历期对齐
经营现金流SCSCTPC
| Q4 25 | $30.8M | $173.7M | ||
| Q3 25 | $23.2M | $289.1M | ||
| Q2 25 | — | $262.4M | ||
| Q1 25 | $66.1M | $22.9M | ||
| Q4 24 | $-6.2M | $329.6M | ||
| Q3 24 | $44.8M | $22.6M | ||
| Q2 24 | — | $53.1M | ||
| Q1 24 | $160.2M | $98.3M |
自由现金流SCSCTPC
| Q4 25 | $28.9M | $98.7M | ||
| Q3 25 | $20.8M | $240.2M | ||
| Q2 25 | — | $235.6M | ||
| Q1 25 | $64.6M | $-7.2M | ||
| Q4 24 | $-8.2M | $320.4M | ||
| Q3 24 | $42.5M | $15.6M | ||
| Q2 24 | — | $42.2M | ||
| Q1 24 | $157.7M | $87.8M |
自由现金流率SCSCTPC
| Q4 25 | 3.8% | 6.5% | ||
| Q3 25 | 2.8% | 17.0% | ||
| Q2 25 | — | 17.1% | ||
| Q1 25 | 9.2% | -0.6% | ||
| Q4 24 | -1.1% | 30.0% | ||
| Q3 24 | 5.5% | 1.4% | ||
| Q2 24 | — | 3.7% | ||
| Q1 24 | 21.0% | 8.4% |
资本支出强度SCSCTPC
| Q4 25 | 0.3% | 5.0% | ||
| Q3 25 | 0.3% | 3.5% | ||
| Q2 25 | 0.3% | 2.0% | ||
| Q1 25 | 0.2% | 2.4% | ||
| Q4 24 | 0.3% | 0.9% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.2% | 1.0% | ||
| Q1 24 | 0.3% | 1.0% |
现金转化率SCSCTPC
| Q4 25 | 1.87× | 6.02× | ||
| Q3 25 | 1.17× | 79.63× | ||
| Q2 25 | — | 13.14× | ||
| Q1 25 | 3.79× | 0.82× | ||
| Q4 24 | -0.36× | — | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | — | 65.44× | ||
| Q1 24 | 12.51× | 6.24× |
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
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
TPC
| State And Local Agencies | $591.1M | 39% |
| Mass Transit | $449.9M | 30% |
| Federal Agencies | $115.0M | 8% |
| Bridges | $100.5M | 7% |
| Military Facilities | $93.1M | 6% |
| Commercial And Industrial Facilities | $46.7M | 3% |
| Detention Facilities | $43.8M | 3% |
| Power And Energy | $35.8M | 2% |
| Multi Unit Residential | $25.9M | 2% |
| Education Facilities | $12.0M | 1% |
| Water | $3.6M | 0% |
