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美国铁塔（AMT）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
美国铁塔的季度营收约是Masco的1.4倍（$2.7B vs $1.9B），美国铁塔净利率更高（110.1% vs 11.9%，领先98.2%），过去两年美国铁塔的营收复合增速更高（3.7% vs -4.2%）
美国铁塔是全球规模最大的房地产投资信托基金（REIT）之一，作为领先的独立多租户通信地产持有、运营及开发商，目前在全球范围内拥有约21.9万个通信站点，为全球通信产业提供可靠的基础设施支持。
美国家居建材企业Masco主营家装及新建住宅市场相关产品，旗下拥有20余家子公司，在全球运营近80座生产工厂，其中美国本土近60座，海外地区超20座。公司1969年于纽交所挂牌上市，后实现快速增长，成功跻身美国财富500强榜单。
AMT vs MAS — 直观对比
营收规模更大
AMT
是对方的1.4倍
$1.9B
净利率更高
AMT
高出98.2%
11.9%
两年增速更快
AMT
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.7B | $1.9B |
| 净利润 | $3.0B | $228.0M |
| 毛利率 | — | 35.8% |
| 营业利润率 | 0.0% | 16.5% |
| 净利率 | 110.1% | 11.9% |
| 营收同比 | — | 6.5% |
| 净利润同比 | — | 14.5% |
| 每股收益（稀释后） | — | — |
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AMTMAS
| Q1 26 | $2.7B | $1.9B | ||
| Q4 25 | $2.7B | $1.8B | ||
| Q3 25 | $2.7B | $1.9B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.6B | $1.8B | ||
| Q4 24 | $2.5B | $1.8B | ||
| Q3 24 | $2.5B | $2.0B | ||
| Q2 24 | $2.5B | $2.1B |
净利润AMTMAS
| Q1 26 | $3.0B | $228.0M | ||
| Q4 25 | $836.8M | $165.0M | ||
| Q3 25 | $912.6M | $189.0M | ||
| Q2 25 | $380.5M | $270.0M | ||
| Q1 25 | $498.6M | $186.0M | ||
| Q4 24 | $1.2B | $182.0M | ||
| Q3 24 | $-780.4M | $167.0M | ||
| Q2 24 | $908.4M | $258.0M |
毛利率AMTMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.8% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 37.5% |
营业利润率AMTMAS
| Q1 26 | 0.0% | 16.5% | ||
| Q4 25 | 42.4% | 13.8% | ||
| Q3 25 | 45.4% | 15.8% | ||
| Q2 25 | 45.6% | 20.1% | ||
| Q1 25 | 48.9% | 15.9% | ||
| Q4 24 | 42.4% | 15.9% | ||
| Q3 24 | 45.2% | 18.0% | ||
| Q2 24 | 45.4% | 19.0% |
净利率AMTMAS
| Q1 26 | 110.1% | 11.9% | ||
| Q4 25 | 30.6% | 9.2% | ||
| Q3 25 | 33.6% | 9.9% | ||
| Q2 25 | 14.5% | 13.2% | ||
| Q1 25 | 19.5% | 10.3% | ||
| Q4 24 | 48.3% | 10.0% | ||
| Q3 24 | -30.9% | 8.4% | ||
| Q2 24 | 35.7% | 12.3% |
每股收益（稀释后）AMTMAS
| Q1 26 | — | — | ||
| Q4 25 | $1.76 | $0.81 | ||
| Q3 25 | $1.82 | $0.90 | ||
| Q2 25 | $0.78 | $1.28 | ||
| Q1 25 | $1.04 | $0.87 | ||
| Q4 24 | $2.63 | $0.85 | ||
| Q3 24 | $-1.69 | $0.77 | ||
| Q2 24 | $1.92 | $1.17 |
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 | $1.6B | — |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $10.2B | $27.0M |
| 总资产 | — | $5.2B |
| 负债/权益比越低杠杆越低 | — | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资AMTMAS
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.5B | $647.0M | ||
| Q3 25 | $2.0B | $559.0M | ||
| Q2 25 | $2.1B | $390.0M | ||
| Q1 25 | $2.1B | $377.0M | ||
| Q4 24 | $2.0B | $634.0M | ||
| Q3 24 | $2.2B | $646.0M | ||
| Q2 24 | $2.2B | $398.0M |
总债务AMTMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $33.8B | $2.9B | ||
| Q3 25 | $34.9B | — | ||
| Q2 25 | $35.2B | — | ||
| Q1 25 | $34.0B | — | ||
| Q4 24 | $32.8B | $2.9B | ||
| Q3 24 | $33.4B | — | ||
| Q2 24 | $35.6B | — |
股东权益AMTMAS
| Q1 26 | $10.2B | $27.0M | ||
| Q4 25 | $3.7B | $-185.0M | ||
| Q3 25 | $4.0B | $-78.0M | ||
| Q2 25 | $3.7B | $-84.0M | ||
| Q1 25 | $3.5B | $-254.0M | ||
| Q4 24 | $3.4B | $-279.0M | ||
| Q3 24 | $3.6B | $-88.0M | ||
| Q2 24 | $3.9B | $-26.0M |
总资产AMTMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $63.2B | $5.2B | ||
| Q3 25 | $63.9B | $5.3B | ||
| Q2 25 | $63.8B | $5.3B | ||
| Q1 25 | $62.1B | $5.1B | ||
| Q4 24 | $61.1B | $5.0B | ||
| Q3 24 | $62.8B | $5.3B | ||
| Q2 24 | $65.8B | $5.4B |
负债/权益比AMTMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 9.26× | — | ||
| Q3 25 | 8.82× | — | ||
| Q2 25 | 9.48× | — | ||
| Q1 25 | 9.63× | — | ||
| Q4 24 | 9.70× | — | ||
| Q3 24 | 9.16× | — | ||
| Q2 24 | 9.24× | — |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $941.0M | — |
| 自由现金流率自由现金流/营收 | 34.4% | — |
| 资本支出强度资本支出/营收 | 16.8% | 1.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $6.7B | — |
8季度趋势，按日历期对齐
经营现金流AMTMAS
| Q1 26 | — | — | ||
| Q4 25 | $5.5B | $418.0M | ||
| Q3 25 | $1.5B | $456.0M | ||
| Q2 25 | $1.3B | $306.0M | ||
| Q1 25 | $1.3B | $-158.0M | ||
| Q4 24 | $5.3B | $407.0M | ||
| Q3 24 | $1.5B | $416.0M | ||
| Q2 24 | $1.3B | $346.0M |
自由现金流AMTMAS
| Q1 26 | $941.0M | — | ||
| Q4 25 | $3.8B | $371.0M | ||
| Q3 25 | $994.5M | $415.0M | ||
| Q2 25 | $976.9M | $270.0M | ||
| Q1 25 | $963.9M | $-190.0M | ||
| Q4 24 | $3.7B | $351.0M | ||
| Q3 24 | $1.0B | $378.0M | ||
| Q2 24 | $1.0B | $303.0M |
自由现金流率AMTMAS
| Q1 26 | 34.4% | — | ||
| Q4 25 | 138.2% | 20.7% | ||
| Q3 25 | 36.6% | 21.6% | ||
| Q2 25 | 37.2% | 13.2% | ||
| Q1 25 | 37.6% | -10.5% | ||
| Q4 24 | 145.3% | 19.2% | ||
| Q3 24 | 41.4% | 19.1% | ||
| Q2 24 | 39.8% | 14.5% |
资本支出强度AMTMAS
| Q1 26 | 16.8% | 1.8% | ||
| Q4 25 | 61.4% | 2.6% | ||
| Q3 25 | 17.1% | 2.1% | ||
| Q2 25 | 11.6% | 1.8% | ||
| Q1 25 | 12.9% | 1.8% | ||
| Q4 24 | 62.4% | 3.1% | ||
| Q3 24 | 16.8% | 1.9% | ||
| Q2 24 | 12.8% | 2.1% |
现金转化率AMTMAS
| Q1 26 | — | — | ||
| Q4 25 | 6.53× | 2.53× | ||
| Q3 25 | 1.60× | 2.41× | ||
| Q2 25 | 3.37× | 1.13× | ||
| Q1 25 | 2.60× | -0.85× | ||
| Q4 24 | 4.30× | 2.24× | ||
| Q3 24 | — | 2.49× | ||
| Q2 24 | 1.47× | 1.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
