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AMERICAN WOODMARK CORP（AMWD）与MSA Safety Inc（MSA）财务数据对比。点击上方公司名可切换其他公司
MSA Safety Inc的季度营收约是AMERICAN WOODMARK CORP的1.3倍（$510.9M vs $394.6M），MSA Safety Inc净利率更高（17.0% vs 1.5%，领先15.5%），MSA Safety Inc同比增速更快（2.2% vs -12.8%），MSA Safety Inc自由现金流更多（$106.0M vs $638.0K），过去两年MSA Safety Inc的营收复合增速更高（11.2% vs -3.3%）
美国木标公司是一家厨卫橱柜制造商，总部位于弗吉尼亚州温彻斯特。公司在美国多地设有多家生产基地与服务中心，其中生产基地分布在亚利桑那州、佐治亚州、印第安纳州、肯塔基州、马里兰州、田纳西州、弗吉尼亚州以及西弗吉尼亚州，服务网点覆盖全美各地。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
AMWD vs MSA — 直观对比
营收规模更大
MSA
是对方的1.3倍
$394.6M
营收增速更快
MSA
高出15.0%
-12.8%
净利率更高
MSA
高出15.5%
1.5%
自由现金流更多
MSA
多$105.4M
$638.0K
两年增速更快
MSA
近两年复合增速
-3.3%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $394.6M | $510.9M |
| 净利润 | $6.1M | $86.9M |
| 毛利率 | 15.2% | 46.9% |
| 营业利润率 | 3.1% | 22.3% |
| 净利率 | 1.5% | 17.0% |
| 营收同比 | -12.8% | 2.2% |
| 净利润同比 | -78.0% | -1.2% |
| 每股收益（稀释后） | $0.42 | $2.22 |
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AMWDMSA
| Q4 25 | $394.6M | $510.9M | ||
| Q3 25 | $403.0M | $468.4M | ||
| Q2 25 | $400.4M | $474.1M | ||
| Q1 25 | $397.6M | $421.3M | ||
| Q4 24 | $452.5M | $499.7M | ||
| Q3 24 | $459.1M | $432.7M | ||
| Q2 24 | $453.3M | $462.5M | ||
| Q1 24 | $422.1M | $413.3M |
净利润AMWDMSA
| Q4 25 | $6.1M | $86.9M | ||
| Q3 25 | $14.6M | $69.6M | ||
| Q2 25 | $25.6M | $62.8M | ||
| Q1 25 | $16.6M | $59.6M | ||
| Q4 24 | $27.7M | $87.9M | ||
| Q3 24 | $29.6M | $66.6M | ||
| Q2 24 | $26.8M | $72.2M | ||
| Q1 24 | $21.2M | $58.1M |
毛利率AMWDMSA
| Q4 25 | 15.2% | 46.9% | ||
| Q3 25 | 16.7% | 46.5% | ||
| Q2 25 | 17.0% | 46.6% | ||
| Q1 25 | 15.0% | 45.9% | ||
| Q4 24 | 18.9% | 46.9% | ||
| Q3 24 | 20.2% | 47.9% | ||
| Q2 24 | 18.6% | 48.2% | ||
| Q1 24 | 19.2% | 47.3% |
营业利润率AMWDMSA
| Q4 25 | 3.1% | 22.3% | ||
| Q3 25 | 5.0% | 20.1% | ||
| Q2 25 | 7.4% | 18.1% | ||
| Q1 25 | 5.3% | 18.5% | ||
| Q4 24 | 9.4% | 23.5% | ||
| Q3 24 | 10.2% | 21.1% | ||
| Q2 24 | 8.4% | 21.6% | ||
| Q1 24 | 6.6% | 19.4% |
净利率AMWDMSA
| Q4 25 | 1.5% | 17.0% | ||
| Q3 25 | 3.6% | 14.9% | ||
| Q2 25 | 6.4% | 13.2% | ||
| Q1 25 | 4.2% | 14.1% | ||
| Q4 24 | 6.1% | 17.6% | ||
| Q3 24 | 6.5% | 15.4% | ||
| Q2 24 | 5.9% | 15.6% | ||
| Q1 24 | 5.0% | 14.1% |
每股收益（稀释后）AMWDMSA
| Q4 25 | $0.42 | $2.22 | ||
| Q3 25 | $1.00 | $1.77 | ||
| Q2 25 | $1.73 | $1.59 | ||
| Q1 25 | $1.09 | $1.51 | ||
| Q4 24 | $1.79 | $2.22 | ||
| Q3 24 | $1.89 | $1.69 | ||
| Q2 24 | $1.70 | $1.83 | ||
| Q1 24 | $1.32 | $1.47 |
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 | $52.1M | $165.1M |
| 总债务越低越好 | $363.3M | $580.9M |
| 股东权益账面价值 | $928.2M | $1.4B |
| 总资产 | $1.6B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.39× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资AMWDMSA
| Q4 25 | $52.1M | $165.1M | ||
| Q3 25 | $54.9M | $170.0M | ||
| Q2 25 | $48.2M | $147.0M | ||
| Q1 25 | $43.5M | $170.6M | ||
| Q4 24 | $56.7M | $164.6M | ||
| Q3 24 | $89.3M | $154.4M | ||
| Q2 24 | $87.4M | $146.8M | ||
| Q1 24 | $97.8M | $148.3M |
总债务AMWDMSA
| Q4 25 | $363.3M | $580.9M | ||
| Q3 25 | $364.8M | $628.6M | ||
| Q2 25 | $365.8M | $679.3M | ||
| Q1 25 | $367.3M | $502.1M | ||
| Q4 24 | $368.0M | $508.0M | ||
| Q3 24 | $372.2M | $554.7M | ||
| Q2 24 | $371.8M | $588.2M | ||
| Q1 24 | $371.3M | $596.2M |
股东权益AMWDMSA
| Q4 25 | $928.2M | $1.4B | ||
| Q3 25 | $920.3M | $1.3B | ||
| Q2 25 | $916.0M | $1.3B | ||
| Q1 25 | $919.6M | $1.2B | ||
| Q4 24 | $915.1M | $1.1B | ||
| Q3 24 | $913.8M | $1.1B | ||
| Q2 24 | $910.4M | $1.0B | ||
| Q1 24 | $896.9M | $994.8M |
总资产AMWDMSA
| Q4 25 | $1.6B | $2.6B | ||
| Q3 25 | $1.6B | $2.6B | ||
| Q2 25 | $1.6B | $2.6B | ||
| Q1 25 | $1.6B | $2.2B | ||
| Q4 24 | $1.6B | $2.2B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $2.2B | ||
| Q1 24 | $1.6B | $2.2B |
负债/权益比AMWDMSA
| Q4 25 | 0.39× | 0.42× | ||
| Q3 25 | 0.40× | 0.48× | ||
| Q2 25 | 0.40× | 0.54× | ||
| Q1 25 | 0.40× | 0.42× | ||
| Q4 24 | 0.40× | 0.44× | ||
| Q3 24 | 0.41× | 0.51× | ||
| Q2 24 | 0.41× | 0.57× | ||
| Q1 24 | 0.41× | 0.60× |
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 | $11.2M | $122.4M |
| 自由现金流经营现金流 - 资本支出 | $638.0K | $106.0M |
| 自由现金流率自由现金流/营收 | 0.2% | 20.8% |
| 资本支出强度资本支出/营收 | 2.7% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.83× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $64.0M | $295.4M |
8季度趋势，按日历期对齐
经营现金流AMWDMSA
| Q4 25 | $11.2M | $122.4M | ||
| Q3 25 | $33.1M | $112.5M | ||
| Q2 25 | $44.8M | $67.2M | ||
| Q1 25 | $11.0M | $61.8M | ||
| Q4 24 | $11.9M | $107.9M | ||
| Q3 24 | $40.8M | $84.3M | ||
| Q2 24 | $43.3M | $53.3M | ||
| Q1 24 | $43.7M | $50.9M |
自由现金流AMWDMSA
| Q4 25 | $638.0K | $106.0M | ||
| Q3 25 | $25.3M | $100.5M | ||
| Q2 25 | $35.8M | $37.9M | ||
| Q1 25 | $2.3M | $51.0M | ||
| Q4 24 | $1.1M | $93.5M | ||
| Q3 24 | $29.5M | $70.1M | ||
| Q2 24 | $7.2M | $39.0M | ||
| Q1 24 | $22.1M | $39.7M |
自由现金流率AMWDMSA
| Q4 25 | 0.2% | 20.8% | ||
| Q3 25 | 6.3% | 21.4% | ||
| Q2 25 | 8.9% | 8.0% | ||
| Q1 25 | 0.6% | 12.1% | ||
| Q4 24 | 0.2% | 18.7% | ||
| Q3 24 | 6.4% | 16.2% | ||
| Q2 24 | 1.6% | 8.4% | ||
| Q1 24 | 5.2% | 9.6% |
资本支出强度AMWDMSA
| Q4 25 | 2.7% | 3.2% | ||
| Q3 25 | 1.9% | 2.6% | ||
| Q2 25 | 2.2% | 6.2% | ||
| Q1 25 | 2.2% | 2.6% | ||
| Q4 24 | 2.4% | 2.9% | ||
| Q3 24 | 2.5% | 3.3% | ||
| Q2 24 | 8.0% | 3.1% | ||
| Q1 24 | 5.1% | 2.7% |
现金转化率AMWDMSA
| Q4 25 | 1.83× | 1.41× | ||
| Q3 25 | 2.27× | 1.62× | ||
| Q2 25 | 1.75× | 1.07× | ||
| Q1 25 | 0.66× | 1.04× | ||
| Q4 24 | 0.43× | 1.23× | ||
| Q3 24 | 1.38× | 1.27× | ||
| Q2 24 | 1.62× | 0.74× | ||
| Q1 24 | 2.06× | 0.88× |
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
AMWD
| Home Center Retailers | $166.7M | 42% |
| Builders | $164.7M | 42% |
| Independent Dealersand Distributors | $63.2M | 16% |
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
