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SCANSOURCE, INC.（SCSC）与WillScot Holdings Corp（WSC）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WillScot Holdings Corp的1.4倍（$766.5M vs $566.0M），SCANSOURCE, INC.净利率更高（2.2% vs -33.1%，领先35.2%），SCANSOURCE, INC.同比增速更快（2.5% vs -6.1%），WillScot Holdings Corp自由现金流更多（$149.7M vs $28.9M），过去两年SCANSOURCE, INC.的营收复合增速更高（0.9% vs -1.8%）
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。
WillScot Holdings Corp是北美领先的模块化空间及便携式存储服务供应商，服务覆盖建筑、商业开发、教育、医疗、政府项目、特殊活动等多个领域，为客户提供灵活可扩展的临时及半永久空间解决方案。
SCSC vs WSC — 直观对比
营收规模更大
SCSC
是对方的1.4倍
$566.0M
营收增速更快
SCSC
高出8.6%
-6.1%
净利率更高
SCSC
高出35.2%
-33.1%
自由现金流更多
WSC
多$120.9M
$28.9M
两年增速更快
SCSC
近两年复合增速
-1.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $766.5M | $566.0M |
| 净利润 | $16.5M | $-187.3M |
| 毛利率 | 13.4% | 50.4% |
| 营业利润率 | 2.3% | -32.5% |
| 净利率 | 2.2% | -33.1% |
| 营收同比 | 2.5% | -6.1% |
| 净利润同比 | -3.3% | -310.0% |
| 每股收益（稀释后） | $0.75 | $-1.02 |
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SCSCWSC
| Q4 25 | $766.5M | $566.0M | ||
| Q3 25 | $739.6M | $566.8M | ||
| Q2 25 | $812.9M | $589.1M | ||
| Q1 25 | $704.8M | $559.6M | ||
| Q4 24 | $747.5M | $602.5M | ||
| Q3 24 | $775.6M | $601.4M | ||
| Q2 24 | $746.1M | $604.6M | ||
| Q1 24 | $752.6M | $587.2M |
净利润SCSCWSC
| Q4 25 | $16.5M | $-187.3M | ||
| Q3 25 | $19.9M | $43.3M | ||
| Q2 25 | $20.1M | $47.9M | ||
| Q1 25 | $17.4M | $43.1M | ||
| Q4 24 | $17.1M | $89.2M | ||
| Q3 24 | $17.0M | $-70.5M | ||
| Q2 24 | $16.1M | $-46.9M | ||
| Q1 24 | $12.8M | $56.2M |
毛利率SCSCWSC
| Q4 25 | 13.4% | 50.4% | ||
| Q3 25 | 14.5% | 49.7% | ||
| Q2 25 | 12.9% | 50.3% | ||
| Q1 25 | 14.2% | 53.7% | ||
| Q4 24 | 13.6% | 55.8% | ||
| Q3 24 | 13.1% | 53.5% | ||
| Q2 24 | 13.0% | 54.1% | ||
| Q1 24 | 12.6% | 54.0% |
营业利润率SCSCWSC
| Q4 25 | 2.3% | -32.5% | ||
| Q3 25 | 3.5% | 21.0% | ||
| Q2 25 | 3.3% | 21.5% | ||
| Q1 25 | 3.2% | 21.3% | ||
| Q4 24 | 2.5% | 28.9% | ||
| Q3 24 | 2.3% | -5.9% | ||
| Q2 24 | 2.9% | -0.9% | ||
| Q1 24 | 2.3% | 22.1% |
净利率SCSCWSC
| Q4 25 | 2.2% | -33.1% | ||
| Q3 25 | 2.7% | 7.6% | ||
| Q2 25 | 2.5% | 8.1% | ||
| Q1 25 | 2.5% | 7.7% | ||
| Q4 24 | 2.3% | 14.8% | ||
| Q3 24 | 2.2% | -11.7% | ||
| Q2 24 | 2.2% | -7.7% | ||
| Q1 24 | 1.7% | 9.6% |
每股收益（稀释后）SCSCWSC
| Q4 25 | $0.75 | $-1.02 | ||
| Q3 25 | $0.89 | $0.24 | ||
| Q2 25 | $0.87 | $0.26 | ||
| Q1 25 | $0.74 | $0.23 | ||
| Q4 24 | $0.70 | $0.48 | ||
| Q3 24 | $0.69 | $-0.37 | ||
| Q2 24 | $0.66 | $-0.25 | ||
| Q1 24 | $0.50 | $0.29 |
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 | $14.6M |
| 总债务越低越好 | — | $3.6B |
| 股东权益账面价值 | $910.9M | $856.3M |
| 总资产 | $1.7B | $5.8B |
| 负债/权益比越低杠杆越低 | — | 4.15× |
8季度趋势，按日历期对齐
现金及短期投资SCSCWSC
| Q4 25 | $83.5M | $14.6M | ||
| Q3 25 | $124.9M | $14.8M | ||
| Q2 25 | $126.2M | $12.8M | ||
| Q1 25 | $146.3M | $10.7M | ||
| Q4 24 | $110.5M | $9.0M | ||
| Q3 24 | $145.0M | $11.0M | ||
| Q2 24 | $185.5M | $5.9M | ||
| Q1 24 | $159.1M | $13.1M |
总债务SCSCWSC
| Q4 25 | — | $3.6B | ||
| Q3 25 | — | $3.6B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.7B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | — | $3.5B | ||
| Q1 24 | — | $3.5B |
股东权益SCSCWSC
| Q4 25 | $910.9M | $856.3M | ||
| Q3 25 | $914.0M | $1.1B | ||
| Q2 25 | $906.4M | $1.0B | ||
| Q1 25 | $901.7M | $1.0B | ||
| Q4 24 | $900.7M | $1.0B | ||
| Q3 24 | $920.9M | $1.1B | ||
| Q2 24 | $924.3M | $1.2B | ||
| Q1 24 | $944.1M | $1.3B |
总资产SCSCWSC
| Q4 25 | $1.7B | $5.8B | ||
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.8B | $6.1B | ||
| Q1 25 | $1.7B | $6.0B | ||
| Q4 24 | $1.7B | $6.0B | ||
| Q3 24 | $1.8B | $6.0B | ||
| Q2 24 | $1.8B | $6.0B | ||
| Q1 24 | $1.8B | $6.2B |
负债/权益比SCSCWSC
| Q4 25 | — | 4.15× | ||
| Q3 25 | — | 3.39× | ||
| Q2 25 | — | 3.55× | ||
| Q1 25 | — | 3.56× | ||
| Q4 24 | — | 3.62× | ||
| Q3 24 | — | 3.42× | ||
| Q2 24 | — | 2.88× | ||
| Q1 24 | — | 2.63× |
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 | $158.9M |
| 自由现金流经营现金流 - 资本支出 | $28.9M | $149.7M |
| 自由现金流率自由现金流/营收 | 3.8% | 26.5% |
| 资本支出强度资本支出/营收 | 0.3% | 1.6% |
| 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 | — | $737.7M |
8季度趋势，按日历期对齐
经营现金流SCSCWSC
| Q4 25 | $30.8M | $158.9M | ||
| Q3 25 | $23.2M | $191.2M | ||
| Q2 25 | — | $205.3M | ||
| Q1 25 | $66.1M | $206.6M | ||
| Q4 24 | $-6.2M | $178.9M | ||
| Q3 24 | $44.8M | $-1.6M | ||
| Q2 24 | — | $175.6M | ||
| Q1 24 | $160.2M | $208.7M |
自由现金流SCSCWSC
| Q4 25 | $28.9M | $149.7M | ||
| Q3 25 | $20.8M | $186.9M | ||
| Q2 25 | — | $199.0M | ||
| Q1 25 | $64.6M | $202.0M | ||
| Q4 24 | $-8.2M | $176.6M | ||
| Q3 24 | $42.5M | $-4.9M | ||
| Q2 24 | — | $169.4M | ||
| Q1 24 | $157.7M | $202.1M |
自由现金流率SCSCWSC
| Q4 25 | 3.8% | 26.5% | ||
| Q3 25 | 2.8% | 33.0% | ||
| Q2 25 | — | 33.8% | ||
| Q1 25 | 9.2% | 36.1% | ||
| Q4 24 | -1.1% | 29.3% | ||
| Q3 24 | 5.5% | -0.8% | ||
| Q2 24 | — | 28.0% | ||
| Q1 24 | 21.0% | 34.4% |
资本支出强度SCSCWSC
| Q4 25 | 0.3% | 1.6% | ||
| Q3 25 | 0.3% | 0.7% | ||
| Q2 25 | 0.3% | 1.1% | ||
| Q1 25 | 0.2% | 0.8% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.3% | 0.6% | ||
| Q2 24 | 0.2% | 1.0% | ||
| Q1 24 | 0.3% | 1.1% |
现金转化率SCSCWSC
| Q4 25 | 1.87× | — | ||
| Q3 25 | 1.17× | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | 3.79× | 4.80× | ||
| Q4 24 | -0.36× | 2.01× | ||
| Q3 24 | 2.64× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 12.51× | 3.71× |
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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
