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COMMERCIAL METALS Co（CMC）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
COMMERCIAL METALS Co的季度营收约是Masco的1.1倍（$2.1B vs $1.9B），Masco净利率更高（11.9% vs 8.4%，领先3.5%），COMMERCIAL METALS Co同比增速更快（11.0% vs 6.5%），过去两年COMMERCIAL METALS Co的营收复合增速更高（7.1% vs -4.2%）
商业金属公司（CMC）总部位于美国得克萨斯州欧文市，主营钢筋及相关建筑材料，与纽柯公司同为美国房屋、桥梁、道路等基础设施领域混凝土加固用钢材的两大核心供应商，旗下还拥有地基系统生产商Tensar，产品可用于道路、公共基建及工业设施建设。
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。
CMC vs MAS — 直观对比
营收规模更大
CMC
是对方的1.1倍
$1.9B
营收增速更快
CMC
高出4.5%
6.5%
净利率更高
MAS
高出3.5%
8.4%
两年增速更快
CMC
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $1.9B |
| 净利润 | $177.3M | $228.0M |
| 毛利率 | 19.2% | 35.8% |
| 营业利润率 | 8.6% | 16.5% |
| 净利率 | 8.4% | 11.9% |
| 营收同比 | 11.0% | 6.5% |
| 净利润同比 | 200.9% | 14.5% |
| 每股收益（稀释后） | $1.58 | — |
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CMCMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $2.1B | $1.9B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | $1.8B | $1.8B | ||
| Q4 24 | $1.9B | $1.8B | ||
| Q3 24 | $2.0B | $2.0B | ||
| Q2 24 | $2.1B | $2.1B |
净利润CMCMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $177.3M | $165.0M | ||
| Q3 25 | $151.8M | $189.0M | ||
| Q2 25 | $83.1M | $270.0M | ||
| Q1 25 | $25.5M | $186.0M | ||
| Q4 24 | $-175.7M | $182.0M | ||
| Q3 24 | $103.9M | $167.0M | ||
| Q2 24 | $119.4M | $258.0M |
毛利率CMCMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 19.2% | 33.9% | ||
| Q3 25 | 18.6% | 34.2% | ||
| Q2 25 | 14.8% | 37.6% | ||
| Q1 25 | 12.5% | 35.8% | ||
| Q4 24 | 16.1% | 34.8% | ||
| Q3 24 | 16.2% | 36.6% | ||
| Q2 24 | 16.4% | 37.5% |
营业利润率CMCMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 8.6% | 13.8% | ||
| Q3 25 | 9.1% | 15.8% | ||
| Q2 25 | 5.4% | 20.1% | ||
| Q1 25 | 2.1% | 15.9% | ||
| Q4 24 | -12.1% | 15.9% | ||
| Q3 24 | 6.7% | 18.0% | ||
| Q2 24 | 7.7% | 19.0% |
净利率CMCMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 8.4% | 9.2% | ||
| Q3 25 | 7.2% | 9.9% | ||
| Q2 25 | 4.1% | 13.2% | ||
| Q1 25 | 1.5% | 10.3% | ||
| Q4 24 | -9.2% | 10.0% | ||
| Q3 24 | 5.2% | 8.4% | ||
| Q2 24 | 5.7% | 12.3% |
每股收益（稀释后）CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | $1.58 | $0.81 | ||
| Q3 25 | $1.33 | $0.90 | ||
| Q2 25 | $0.73 | $1.28 | ||
| Q1 25 | $0.22 | $0.87 | ||
| Q4 24 | $-1.54 | $0.85 | ||
| Q3 24 | $0.90 | $0.77 | ||
| Q2 24 | $1.02 | $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 | $1.0B | — |
| 总债务越低越好 | $3.3B | $2.9B |
| 股东权益账面价值 | $4.3B | $27.0M |
| 总资产 | $9.2B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.77× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $647.0M | ||
| Q3 25 | $1.0B | $559.0M | ||
| Q2 25 | $893.0M | $390.0M | ||
| Q1 25 | $758.4M | $377.0M | ||
| Q4 24 | $856.1M | $634.0M | ||
| Q3 24 | $857.9M | $646.0M | ||
| Q2 24 | $698.3M | $398.0M |
总债务CMCMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $3.3B | $2.9B | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.3B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | $2.9B | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.1B | — |
股东权益CMCMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $4.3B | $-185.0M | ||
| Q3 25 | $4.2B | $-78.0M | ||
| Q2 25 | $4.1B | $-84.0M | ||
| Q1 25 | $4.0B | $-254.0M | ||
| Q4 24 | $4.0B | $-279.0M | ||
| Q3 24 | $4.3B | $-88.0M | ||
| Q2 24 | $4.3B | $-26.0M |
总资产CMCMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $9.2B | $5.2B | ||
| Q3 25 | $7.2B | $5.3B | ||
| Q2 25 | $7.0B | $5.3B | ||
| Q1 25 | $6.7B | $5.1B | ||
| Q4 24 | $6.8B | $5.0B | ||
| Q3 24 | $6.8B | $5.3B | ||
| Q2 24 | $6.7B | $5.4B |
负债/权益比CMCMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 0.77× | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 0.32× | — | ||
| Q1 25 | 0.29× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.27× | — |
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 | $204.2M | — |
| 自由现金流经营现金流 - 资本支出 | $78.8M | — |
| 自由现金流率自由现金流/营收 | 3.7% | — |
| 资本支出强度资本支出/营收 | 5.9% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.15× | — |
| 过去12个月自由现金流最近4个季度 | $296.2M | — |
8季度趋势，按日历期对齐
经营现金流CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | $204.2M | $418.0M | ||
| Q3 25 | $315.2M | $456.0M | ||
| Q2 25 | $154.4M | $306.0M | ||
| Q1 25 | $32.4M | $-158.0M | ||
| Q4 24 | $213.0M | $407.0M | ||
| Q3 24 | $351.8M | $416.0M | ||
| Q2 24 | $197.9M | $346.0M |
自由现金流CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | $78.8M | $371.0M | ||
| Q3 25 | $206.3M | $415.0M | ||
| Q2 25 | $65.0M | $270.0M | ||
| Q1 25 | $-53.8M | $-190.0M | ||
| Q4 24 | $94.8M | $351.0M | ||
| Q3 24 | $270.3M | $378.0M | ||
| Q2 24 | $115.8M | $303.0M |
自由现金流率CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 20.7% | ||
| Q3 25 | 9.8% | 21.6% | ||
| Q2 25 | 3.2% | 13.2% | ||
| Q1 25 | -3.1% | -10.5% | ||
| Q4 24 | 5.0% | 19.2% | ||
| Q3 24 | 13.5% | 19.1% | ||
| Q2 24 | 5.6% | 14.5% |
资本支出强度CMCMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 5.9% | 2.6% | ||
| Q3 25 | 5.2% | 2.1% | ||
| Q2 25 | 4.4% | 1.8% | ||
| Q1 25 | 4.9% | 1.8% | ||
| Q4 24 | 6.2% | 3.1% | ||
| Q3 24 | 4.1% | 1.9% | ||
| Q2 24 | 3.9% | 2.1% |
现金转化率CMCMAS
| Q1 26 | — | — | ||
| Q4 25 | 1.15× | 2.53× | ||
| Q3 25 | 2.08× | 2.41× | ||
| Q2 25 | 1.86× | 1.13× | ||
| Q1 25 | 1.27× | -0.85× | ||
| Q4 24 | — | 2.24× | ||
| Q3 24 | 3.39× | 2.49× | ||
| Q2 24 | 1.66× | 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
CMC
| Steel Products | $670.8M | 32% |
| Downstream Products | $505.3M | 24% |
| Construction Solutions Group | $314.4M | 15% |
| Europe Steel Group | $200.0M | 9% |
| Precast Products | $141.6M | 7% |
| Construction Products | $78.4M | 4% |
| Foley Products Company LLC | $75.1M | 4% |
| Concrete Pipe And Precast LLC | $69.4M | 3% |
| Ground Stabilization Products | $49.9M | 2% |
MAS
暂无分部数据
