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艾仕得（AXTA）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是艾仕得的1.5倍（$1.9B vs $1.3B），Masco净利率更高（11.9% vs 4.8%，领先7.1%），Masco同比增速更快（6.5% vs -3.7%），过去两年艾仕得的营收复合增速更高（-1.2% vs -4.2%）
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
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。
AXTA vs MAS — 直观对比
营收规模更大
MAS
是对方的1.5倍
$1.3B
营收增速更快
MAS
高出10.2%
-3.7%
净利率更高
MAS
高出7.1%
4.8%
两年增速更快
AXTA
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.9B |
| 净利润 | $60.0M | $228.0M |
| 毛利率 | 33.4% | 35.8% |
| 营业利润率 | 12.8% | 16.5% |
| 净利率 | 4.8% | 11.9% |
| 营收同比 | -3.7% | 6.5% |
| 净利润同比 | -56.2% | 14.5% |
| 每股收益（稀释后） | $0.28 | — |
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AXTAMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.3B | $1.8B | ||
| Q4 24 | $1.3B | $1.8B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.4B | $2.1B |
净利润AXTAMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $60.0M | $165.0M | ||
| Q3 25 | $110.0M | $189.0M | ||
| Q2 25 | $109.0M | $270.0M | ||
| Q1 25 | $99.0M | $186.0M | ||
| Q4 24 | $137.0M | $182.0M | ||
| Q3 24 | $101.0M | $167.0M | ||
| Q2 24 | $112.0M | $258.0M |
毛利率AXTAMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 33.4% | 33.9% | ||
| Q3 25 | 34.9% | 34.2% | ||
| Q2 25 | 35.0% | 37.6% | ||
| Q1 25 | 34.3% | 35.8% | ||
| Q4 24 | 34.1% | 34.8% | ||
| Q3 24 | 35.0% | 36.6% | ||
| Q2 24 | 34.0% | 37.5% |
营业利润率AXTAMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 12.8% | 13.8% | ||
| Q3 25 | 15.8% | 15.8% | ||
| Q2 25 | 14.8% | 20.1% | ||
| Q1 25 | 13.9% | 15.9% | ||
| Q4 24 | 14.3% | 15.9% | ||
| Q3 24 | 14.6% | 18.0% | ||
| Q2 24 | 15.2% | 19.0% |
净利率AXTAMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 4.8% | 9.2% | ||
| Q3 25 | 8.5% | 9.9% | ||
| Q2 25 | 8.4% | 13.2% | ||
| Q1 25 | 7.8% | 10.3% | ||
| Q4 24 | 10.5% | 10.0% | ||
| Q3 24 | 7.7% | 8.4% | ||
| Q2 24 | 8.3% | 12.3% |
每股收益（稀释后）AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | $0.28 | $0.81 | ||
| Q3 25 | $0.51 | $0.90 | ||
| Q2 25 | $0.50 | $1.28 | ||
| Q1 25 | $0.45 | $0.87 | ||
| Q4 24 | $0.63 | $0.85 | ||
| Q3 24 | $0.46 | $0.77 | ||
| Q2 24 | $0.51 | $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 | $657.0M | — |
| 总债务越低越好 | $3.2B | $2.9B |
| 股东权益账面价值 | $2.3B | $27.0M |
| 总资产 | $7.6B | $5.2B |
| 负债/权益比越低杠杆越低 | 1.36× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | $657.0M | $647.0M | ||
| Q3 25 | $606.0M | $559.0M | ||
| Q2 25 | $625.0M | $390.0M | ||
| Q1 25 | $575.0M | $377.0M | ||
| Q4 24 | $593.0M | $634.0M | ||
| Q3 24 | $567.0M | $646.0M | ||
| Q2 24 | $840.0M | $398.0M |
总债务AXTAMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.2B | $2.9B | ||
| Q3 25 | $3.4B | — | ||
| Q2 25 | $3.4B | — | ||
| Q1 25 | $3.4B | — | ||
| Q4 24 | $3.4B | $2.9B | ||
| Q3 24 | $3.5B | — | ||
| Q2 24 | $3.6B | — |
股东权益AXTAMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $2.3B | $-185.0M | ||
| Q3 25 | $2.3B | $-78.0M | ||
| Q2 25 | $2.3B | $-84.0M | ||
| Q1 25 | $2.1B | $-254.0M | ||
| Q4 24 | $1.9B | $-279.0M | ||
| Q3 24 | $1.9B | $-88.0M | ||
| Q2 24 | $1.8B | $-26.0M |
总资产AXTAMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $7.6B | $5.2B | ||
| Q3 25 | $7.8B | $5.3B | ||
| Q2 25 | $7.8B | $5.3B | ||
| Q1 25 | $7.4B | $5.1B | ||
| Q4 24 | $7.2B | $5.0B | ||
| Q3 24 | $7.5B | $5.3B | ||
| Q2 24 | $7.3B | $5.4B |
负债/权益比AXTAMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 1.36× | — | ||
| Q3 25 | 1.48× | — | ||
| Q2 25 | 1.50× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.78× | — | ||
| Q3 24 | 1.84× | — | ||
| Q2 24 | 2.02× | — |
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 | $344.0M | — |
| 自由现金流经营现金流 - 资本支出 | $286.0M | — |
| 自由现金流率自由现金流/营收 | 22.7% | — |
| 资本支出强度资本支出/营收 | 4.6% | 1.8% |
| 现金转化率经营现金流/净利润 | 5.73× | — |
| 过去12个月自由现金流最近4个季度 | $453.0M | — |
8季度趋势，按日历期对齐
经营现金流AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | $344.0M | $418.0M | ||
| Q3 25 | $137.0M | $456.0M | ||
| Q2 25 | $142.0M | $306.0M | ||
| Q1 25 | $26.0M | $-158.0M | ||
| Q4 24 | $234.0M | $407.0M | ||
| Q3 24 | $194.0M | $416.0M | ||
| Q2 24 | $114.0M | $346.0M |
自由现金流AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | $286.0M | $371.0M | ||
| Q3 25 | $87.0M | $415.0M | ||
| Q2 25 | $97.0M | $270.0M | ||
| Q1 25 | $-17.0M | $-190.0M | ||
| Q4 24 | $172.0M | $351.0M | ||
| Q3 24 | $161.0M | $378.0M | ||
| Q2 24 | $91.0M | $303.0M |
自由现金流率AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | 22.7% | 20.7% | ||
| Q3 25 | 6.8% | 21.6% | ||
| Q2 25 | 7.4% | 13.2% | ||
| Q1 25 | -1.3% | -10.5% | ||
| Q4 24 | 13.1% | 19.2% | ||
| Q3 24 | 12.2% | 19.1% | ||
| Q2 24 | 6.7% | 14.5% |
资本支出强度AXTAMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 4.6% | 2.6% | ||
| Q3 25 | 3.9% | 2.1% | ||
| Q2 25 | 3.4% | 1.8% | ||
| Q1 25 | 3.4% | 1.8% | ||
| Q4 24 | 4.7% | 3.1% | ||
| Q3 24 | 2.5% | 1.9% | ||
| Q2 24 | 1.7% | 2.1% |
现金转化率AXTAMAS
| Q1 26 | — | — | ||
| Q4 25 | 5.73× | 2.53× | ||
| Q3 25 | 1.25× | 2.41× | ||
| Q2 25 | 1.30× | 1.13× | ||
| Q1 25 | 0.26× | -0.85× | ||
| Q4 24 | 1.71× | 2.24× | ||
| Q3 24 | 1.92× | 2.49× | ||
| Q2 24 | 1.02× | 1.34× |
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
AXTA
| Refinish | $509.0M | 40% |
| Light Vehicle | $372.0M | 29% |
| Industrial | $282.0M | 22% |
| Commercial Vehicle | $99.0M | 8% |
MAS
暂无分部数据
