PC Connection vs Scansource
PC Connection and Scansource are similar in size: $2.87bn and $3.23bn of revenue in their latest fiscal years. Scansource grew faster (6.1% against 2.5%). PC Connection kept more of each dollar of sales as profit: a net margin of 2.9% against 2.4%.
| Latest fiscal year | PC ConnectionCNXN, 2025 | ScansourceSCSC, 2026 |
|---|---|---|
| Revenue | $2.87bn | $3.23bn |
| Revenue growth | 2.5% | 6.1% |
| Net income | $83.7m | $78.9m |
| Operating margin | — | 3.1% |
| Net margin | 2.9% | 2.4% |
| Return on equity | 9.2% | 8.7% |
| Free cash flow | $58.0m | $114m |
| Cash | $193m | $88.4m |
| Total debt | $0 | $101m |
| Debt to equity | — | 11.1% |
| Dividend per share | — | — |
| Dividend yield | 0.9% | — |
| Share buybacks | $76.3m | $97.9m |
| Employees | — | 2,100 |
| Market value | $2.25bn | $1.14bn |
| Price vs our value range | Above our value range | Below our value range |
| Moat score | 45 (Moderate) | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 53 sales | 2 buys, 19 sales |