vs
阿普塔集团（ATR）与MSC INDUSTRIAL DIRECT CO INC（MSM）财务数据对比。点击上方公司名可切换其他公司
阿普塔集团的季度营收约是MSC INDUSTRIAL DIRECT CO INC的1.0倍（$982.9M vs $965.7M），阿普塔集团净利率更高（7.4% vs 5.4%，领先2.0%），阿普塔集团同比增速更快（10.8% vs 4.0%），阿普塔集团自由现金流更多（$53.3M vs $7.4M），过去两年阿普塔集团的营收复合增速更高（3.9% vs -3.4%）
阿普塔集团（AptarGroup, Inc.）是总部位于美国的全球性制造企业，主营消费品分配包装产品及药物给药装置的研发与生产，目前在全球18个国家设有生产运营基地，服务医药、快消等多领域客户。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
ATR vs MSM — 直观对比
营收规模更大
ATR
是对方的1.0倍
$965.7M
营收增速更快
ATR
高出6.8%
4.0%
净利率更高
ATR
高出2.0%
5.4%
自由现金流更多
ATR
多$45.9M
$7.4M
两年增速更快
ATR
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $982.9M | $965.7M |
| 净利润 | $72.8M | $51.8M |
| 毛利率 | — | 40.7% |
| 营业利润率 | 10.9% | 7.9% |
| 净利率 | 7.4% | 5.4% |
| 营收同比 | 10.8% | 4.0% |
| 净利润同比 | -7.5% | 11.1% |
| 每股收益（稀释后） | $1.12 | $0.93 |
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ATRMSM
| Q1 26 | $982.9M | — | ||
| Q4 25 | $962.7M | $965.7M | ||
| Q3 25 | $961.1M | $978.2M | ||
| Q2 25 | $966.0M | $971.1M | ||
| Q1 25 | $887.3M | — | ||
| Q4 24 | $848.1M | $928.5M | ||
| Q3 24 | $909.3M | — | ||
| Q2 24 | $910.1M | $979.4M |
净利润ATRMSM
| Q1 26 | $72.8M | — | ||
| Q4 25 | $74.3M | $51.8M | ||
| Q3 25 | $127.9M | $56.5M | ||
| Q2 25 | $111.7M | $56.8M | ||
| Q1 25 | $78.8M | — | ||
| Q4 24 | $100.9M | $46.6M | ||
| Q3 24 | $100.0M | — | ||
| Q2 24 | $90.5M | $71.7M |
毛利率ATRMSM
| Q1 26 | — | — | ||
| Q4 25 | — | 40.7% | ||
| Q3 25 | — | 40.4% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 40.9% |
营业利润率ATRMSM
| Q1 26 | 10.9% | — | ||
| Q4 25 | 11.0% | 7.9% | ||
| Q3 25 | 14.2% | 8.6% | ||
| Q2 25 | 14.9% | 8.5% | ||
| Q1 25 | 12.8% | — | ||
| Q4 24 | 14.2% | 7.8% | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 13.8% | 10.9% |
净利率ATRMSM
| Q1 26 | 7.4% | — | ||
| Q4 25 | 7.7% | 5.4% | ||
| Q3 25 | 13.3% | 5.8% | ||
| Q2 25 | 11.6% | 5.9% | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 11.9% | 5.0% | ||
| Q3 24 | 11.0% | — | ||
| Q2 24 | 9.9% | 7.3% |
每股收益（稀释后）ATRMSM
| Q1 26 | $1.12 | — | ||
| Q4 25 | $1.13 | $0.93 | ||
| Q3 25 | $1.92 | $1.02 | ||
| Q2 25 | $1.67 | $1.02 | ||
| Q1 25 | $1.17 | — | ||
| Q4 24 | $1.48 | $0.83 | ||
| Q3 24 | $1.48 | — | ||
| Q2 24 | $1.34 | $1.27 |
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 | $229.5M | $40.3M |
| 总债务越低越好 | — | $214.1M |
| 股东权益账面价值 | $2.6B | $1.4B |
| 总资产 | $5.1B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资ATRMSM
| Q1 26 | $229.5M | — | ||
| Q4 25 | $409.5M | $40.3M | ||
| Q3 25 | $264.8M | $56.2M | ||
| Q2 25 | $169.8M | $71.7M | ||
| Q1 25 | $136.8M | — | ||
| Q4 24 | $226.2M | $57.3M | ||
| Q3 24 | $327.9M | — | ||
| Q2 24 | $223.9M | $25.9M |
总债务ATRMSM
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $214.1M | ||
| Q3 25 | $546.0M | $168.8M | ||
| Q2 25 | $535.1M | $285.0M | ||
| Q1 25 | $561.2M | — | ||
| Q4 24 | $688.1M | $289.9M | ||
| Q3 24 | $822.7M | — | ||
| Q2 24 | $681.5M | $299.8M |
股东权益ATRMSM
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | $2.8B | $1.4B | ||
| Q2 25 | $2.7B | $1.4B | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.5B | $1.4B | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.4B | $1.4B |
总资产ATRMSM
| Q1 26 | $5.1B | — | ||
| Q4 25 | $5.3B | $2.5B | ||
| Q3 25 | $5.1B | $2.5B | ||
| Q2 25 | $4.9B | $2.5B | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.4B | $2.5B | ||
| Q3 24 | $4.6B | — | ||
| Q2 24 | $4.5B | $2.5B |
负债/权益比ATRMSM
| Q1 26 | — | — | ||
| Q4 25 | 0.43× | 0.16× | ||
| Q3 25 | 0.20× | 0.12× | ||
| Q2 25 | 0.20× | 0.21× | ||
| Q1 25 | 0.22× | — | ||
| Q4 24 | 0.28× | 0.21× | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.28× | 0.21× |
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 | — | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $53.3M | $7.4M |
| 自由现金流率自由现金流/营收 | 5.4% | 0.8% |
| 资本支出强度资本支出/营收 | 6.7% | 2.3% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | $327.0M | — |
8季度趋势，按日历期对齐
经营现金流ATRMSM
| Q1 26 | — | — | ||
| Q4 25 | $183.7M | $29.4M | ||
| Q3 25 | $177.6M | — | ||
| Q2 25 | $126.0M | $151.6M | ||
| Q1 25 | $82.7M | — | ||
| Q4 24 | $178.2M | $101.9M | ||
| Q3 24 | $229.3M | — | ||
| Q2 24 | $143.6M | $143.5M |
自由现金流ATRMSM
| Q1 26 | $53.3M | — | ||
| Q4 25 | $96.9M | $7.4M | ||
| Q3 25 | $114.3M | — | ||
| Q2 25 | $62.5M | $100.7M | ||
| Q1 25 | $25.9M | — | ||
| Q4 24 | $112.2M | $81.7M | ||
| Q3 24 | $162.7M | — | ||
| Q2 24 | $75.4M | $114.0M |
自由现金流率ATRMSM
| Q1 26 | 5.4% | — | ||
| Q4 25 | 10.1% | 0.8% | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 6.5% | 10.4% | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 13.2% | 8.8% | ||
| Q3 24 | 17.9% | — | ||
| Q2 24 | 8.3% | 11.6% |
资本支出强度ATRMSM
| Q1 26 | 6.7% | — | ||
| Q4 25 | 9.0% | 2.3% | ||
| Q3 25 | 6.6% | — | ||
| Q2 25 | 6.6% | 5.2% | ||
| Q1 25 | 6.4% | — | ||
| Q4 24 | 7.8% | 2.2% | ||
| Q3 24 | 7.3% | — | ||
| Q2 24 | 7.5% | 3.0% |
现金转化率ATRMSM
| Q1 26 | — | — | ||
| Q4 25 | 2.47× | 0.57× | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.13× | 2.67× | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.77× | 2.18× | ||
| Q3 24 | 2.29× | — | ||
| Q2 24 | 1.59× | 2.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
