vs
AutoZone（AZO）与玛斯特锁（MBC）财务数据对比。点击上方公司名可切换其他公司
AutoZone的季度营收约是玛斯特锁的6.6倍（$4.3B vs $644.6M）。AutoZone净利率更高（11.0% vs -6.5%，领先17.5%）。AutoZone同比增速更快（8.1% vs -3.5%）。玛斯特锁自由现金流更多（$52.5M vs $35.6M）。过去两年玛斯特锁的营收复合增速更高（0.5% vs 0.5%）
AutoZone是美国规模最大的汽车售后零部件及配件零售商，1979年正式成立，总部位于田纳西州孟菲斯。目前企业在全美、墨西哥、波多黎各、巴西及美属维尔京群岛共开设7140家门店，为车主及汽修从业人员提供多元齐全的汽车相关配件产品。
玛斯特锁是美国知名安防产品供应商，1921年由锁匠发明家哈里·索雷夫创立，总部位于威斯康星州奥克里克，主营挂锁、密码锁、保险箱及相关安防产品，现为富俊创新集团旗下子公司，在全球安防锁具领域拥有较高的市场认可度。
AZO vs MBC — 直观对比
营收规模更大
AZO
是对方的6.6倍
$644.6M
营收增速更快
AZO
高出11.6%
-3.5%
净利率更高
AZO
高出17.5%
-6.5%
自由现金流更多
MBC
多$16.9M
$35.6M
两年增速更快
MBC
近两年复合增速
0.5%
损益表 — Q2 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.3B | $644.6M |
| 净利润 | $468.9M | $-42.0M |
| 毛利率 | 52.5% | 26.0% |
| 营业利润率 | 16.3% | -4.2% |
| 净利率 | 11.0% | -6.5% |
| 营收同比 | 8.1% | -3.5% |
| 净利润同比 | -3.9% | -400.0% |
| 每股收益（稀释后） | $27.63 | $-0.32 |
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AZOMBC
| Q1 26 | $4.3B | — | ||
| Q4 25 | $4.6B | $644.6M | ||
| Q3 25 | $6.2B | $698.9M | ||
| Q2 25 | $4.5B | $730.9M | ||
| Q1 25 | $4.0B | $660.3M | ||
| Q4 24 | $4.3B | $667.7M | ||
| Q3 24 | $6.2B | $718.1M | ||
| Q2 24 | $4.2B | $676.5M |
净利润AZOMBC
| Q1 26 | $468.9M | — | ||
| Q4 25 | $530.8M | $-42.0M | ||
| Q3 25 | $837.0M | $18.1M | ||
| Q2 25 | $608.4M | $37.3M | ||
| Q1 25 | $487.9M | $13.3M | ||
| Q4 24 | $564.9M | $14.0M | ||
| Q3 24 | $902.2M | $29.1M | ||
| Q2 24 | $651.7M | $45.3M |
毛利率AZOMBC
| Q1 26 | 52.5% | — | ||
| Q4 25 | 51.0% | 26.0% | ||
| Q3 25 | 51.5% | 31.2% | ||
| Q2 25 | 52.7% | 32.8% | ||
| Q1 25 | 53.9% | 30.6% | ||
| Q4 24 | 53.0% | 30.4% | ||
| Q3 24 | 52.5% | 33.1% | ||
| Q2 24 | 53.5% | 34.1% |
营业利润率AZOMBC
| Q1 26 | 16.3% | — | ||
| Q4 25 | 16.9% | -4.2% | ||
| Q3 25 | 19.2% | 6.0% | ||
| Q2 25 | 19.4% | 9.2% | ||
| Q1 25 | 17.9% | 5.6% | ||
| Q4 24 | 19.7% | 5.6% | ||
| Q3 24 | 20.9% | 8.0% | ||
| Q2 24 | 21.3% | 11.5% |
净利率AZOMBC
| Q1 26 | 11.0% | — | ||
| Q4 25 | 11.5% | -6.5% | ||
| Q3 25 | 13.4% | 2.6% | ||
| Q2 25 | 13.6% | 5.1% | ||
| Q1 25 | 12.3% | 2.0% | ||
| Q4 24 | 13.2% | 2.1% | ||
| Q3 24 | 14.5% | 4.1% | ||
| Q2 24 | 15.4% | 6.7% |
每股收益（稀释后）AZOMBC
| Q1 26 | $27.63 | — | ||
| Q4 25 | $31.04 | $-0.32 | ||
| Q3 25 | $48.70 | $0.14 | ||
| Q2 25 | $35.36 | $0.29 | ||
| Q1 25 | $28.29 | $0.10 | ||
| Q4 24 | $32.52 | $0.10 | ||
| Q3 24 | $51.42 | $0.22 | ||
| Q2 24 | $36.69 | $0.35 |
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 | $285.5M | $183.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $-2.9B | $1.3B |
| 总资产 | $20.4B | $3.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AZOMBC
| Q1 26 | $285.5M | — | ||
| Q4 25 | $287.6M | $183.3M | ||
| Q3 25 | $271.8M | $114.8M | ||
| Q2 25 | $268.6M | $120.1M | ||
| Q1 25 | $300.9M | $113.5M | ||
| Q4 24 | $304.0M | $120.6M | ||
| Q3 24 | $298.2M | $108.4M | ||
| Q2 24 | $275.4M | $189.4M |
总债务AZOMBC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | — |
股东权益AZOMBC
| Q1 26 | $-2.9B | — | ||
| Q4 25 | $-3.2B | $1.3B | ||
| Q3 25 | $-3.4B | $1.4B | ||
| Q2 25 | $-4.0B | $1.4B | ||
| Q1 25 | $-4.5B | $1.3B | ||
| Q4 24 | $-4.7B | $1.3B | ||
| Q3 24 | $-4.7B | $1.3B | ||
| Q2 24 | $-4.8B | $1.3B |
总资产AZOMBC
| Q1 26 | $20.4B | — | ||
| Q4 25 | $19.7B | $3.1B | ||
| Q3 25 | $19.4B | $3.0B | ||
| Q2 25 | $18.6B | $3.0B | ||
| Q1 25 | $18.1B | $3.0B | ||
| Q4 24 | $17.5B | $2.9B | ||
| Q3 24 | $17.2B | $3.0B | ||
| Q2 24 | $17.1B | $2.4B |
负债/权益比AZOMBC
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.79× | ||
| Q3 24 | — | 0.83× | ||
| Q2 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 | $373.4M | $86.9M |
| 自由现金流经营现金流 - 资本支出 | $35.6M | $52.5M |
| 自由现金流率自由现金流/营收 | 0.8% | 8.1% |
| 资本支出强度资本支出/营收 | 7.9% | 5.3% |
| 现金转化率经营现金流/净利润 | 0.80× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | $117.5M |
8季度趋势，按日历期对齐
经营现金流AZOMBC
| Q1 26 | $373.4M | — | ||
| Q4 25 | $944.2M | $86.9M | ||
| Q3 25 | $952.8M | $55.4M | ||
| Q2 25 | $769.0M | $84.8M | ||
| Q1 25 | $583.7M | $-31.4M | ||
| Q4 24 | $811.8M | $115.1M | ||
| Q3 24 | $1.1B | $80.8M | ||
| Q2 24 | $669.5M | $77.4M |
自由现金流AZOMBC
| Q1 26 | $35.6M | — | ||
| Q4 25 | $630.0M | $52.5M | ||
| Q3 25 | $511.1M | $39.5M | ||
| Q2 25 | $423.1M | $66.7M | ||
| Q1 25 | $291.0M | $-41.2M | ||
| Q4 24 | $564.8M | $68.8M | ||
| Q3 24 | $723.5M | $64.5M | ||
| Q2 24 | $434.4M | $66.1M |
自由现金流率AZOMBC
| Q1 26 | 0.8% | — | ||
| Q4 25 | 13.6% | 8.1% | ||
| Q3 25 | 8.2% | 5.7% | ||
| Q2 25 | 9.5% | 9.1% | ||
| Q1 25 | 7.4% | -6.2% | ||
| Q4 24 | 13.2% | 10.3% | ||
| Q3 24 | 11.7% | 9.0% | ||
| Q2 24 | 10.3% | 9.8% |
资本支出强度AZOMBC
| Q1 26 | 7.9% | — | ||
| Q4 25 | 6.8% | 5.3% | ||
| Q3 25 | 7.1% | 2.3% | ||
| Q2 25 | 7.7% | 2.5% | ||
| Q1 25 | 7.4% | 1.5% | ||
| Q4 24 | 5.8% | 6.9% | ||
| Q3 24 | 5.6% | 2.3% | ||
| Q2 24 | 5.6% | 1.7% |
现金转化率AZOMBC
| Q1 26 | 0.80× | — | ||
| Q4 25 | 1.78× | — | ||
| Q3 25 | 1.14× | 3.06× | ||
| Q2 25 | 1.26× | 2.27× | ||
| Q1 25 | 1.20× | -2.36× | ||
| Q4 24 | 1.44× | 8.22× | ||
| Q3 24 | 1.19× | 2.78× | ||
| Q2 24 | 1.03× | 1.71× |
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
AZO
暂无分部数据
MBC
| Dealers | $345.7M | 54% |
| Retail | $220.0M | 34% |
| Builders | $78.9M | 12% |
