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Leonardo DRS, Inc.（DRS）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
Leonardo DRS, Inc.的季度营收约是MSC INDUSTRIAL DIRECT CO INC的1.1倍（$1.1B vs $965.7M），Leonardo DRS, Inc.净利率更高（9.6% vs 5.4%，领先4.3%），Leonardo DRS, Inc.同比增速更快（8.1% vs 4.0%），Leonardo DRS, Inc.自由现金流更多（$376.0M vs $7.4M），过去两年Leonardo DRS, Inc.的营收复合增速更高（24.1% vs -3.4%）
莱昂纳多DRS公司是美国本土国防承包商，前身为DRS技术公司，曾于纽约证券交易所挂牌交易，2008年被莱昂纳多的前身芬梅卡尼卡收购，核心业务为向美国军方提供先进国防技术及配套系统产品。
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。
DRS vs MSM — 直观对比
营收规模更大
DRS
是对方的1.1倍
$965.7M
营收增速更快
DRS
高出4.0%
4.0%
净利率更高
DRS
高出4.3%
5.4%
自由现金流更多
DRS
多$368.6M
$7.4M
两年增速更快
DRS
近两年复合增速
-3.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $965.7M |
| 净利润 | $102.0M | $51.8M |
| 毛利率 | 25.4% | 40.7% |
| 营业利润率 | 11.9% | 7.9% |
| 净利率 | 9.6% | 5.4% |
| 营收同比 | 8.1% | 4.0% |
| 净利润同比 | 14.6% | 11.1% |
| 每股收益（稀释后） | $0.38 | $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DRSMSM
| Q4 25 | $1.1B | $965.7M | ||
| Q3 25 | $960.0M | $978.2M | ||
| Q2 25 | $829.0M | $971.1M | ||
| Q1 25 | $799.0M | — | ||
| Q4 24 | $981.0M | $928.5M | ||
| Q3 24 | $812.0M | — | ||
| Q2 24 | $753.0M | $979.4M | ||
| Q1 24 | $688.0M | $935.3M |
净利润DRSMSM
| Q4 25 | $102.0M | $51.8M | ||
| Q3 25 | $72.0M | $56.5M | ||
| Q2 25 | $54.0M | $56.8M | ||
| Q1 25 | $50.0M | — | ||
| Q4 24 | $89.0M | $46.6M | ||
| Q3 24 | $57.0M | — | ||
| Q2 24 | $38.0M | $71.7M | ||
| Q1 24 | $29.0M | $61.8M |
毛利率DRSMSM
| Q4 25 | 25.4% | 40.7% | ||
| Q3 25 | 23.1% | 40.4% | ||
| Q2 25 | 23.8% | 41.0% | ||
| Q1 25 | 22.7% | — | ||
| Q4 24 | 24.0% | 40.7% | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | 22.4% | 40.9% | ||
| Q1 24 | 22.2% | 41.5% |
营业利润率DRSMSM
| Q4 25 | 11.9% | 7.9% | ||
| Q3 25 | 9.7% | 8.6% | ||
| Q2 25 | 8.4% | 8.5% | ||
| Q1 25 | 7.4% | — | ||
| Q4 24 | 12.2% | 7.8% | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 7.3% | 10.9% | ||
| Q1 24 | 6.3% | 9.7% |
净利率DRSMSM
| Q4 25 | 9.6% | 5.4% | ||
| Q3 25 | 7.5% | 5.8% | ||
| Q2 25 | 6.5% | 5.9% | ||
| Q1 25 | 6.3% | — | ||
| Q4 24 | 9.1% | 5.0% | ||
| Q3 24 | 7.0% | — | ||
| Q2 24 | 5.0% | 7.3% | ||
| Q1 24 | 4.2% | 6.6% |
每股收益（稀释后）DRSMSM
| Q4 25 | $0.38 | $0.93 | ||
| Q3 25 | $0.26 | $1.02 | ||
| Q2 25 | $0.20 | $1.02 | ||
| Q1 25 | $0.19 | — | ||
| Q4 24 | $0.34 | $0.83 | ||
| Q3 24 | $0.21 | — | ||
| Q2 24 | $0.14 | $1.27 | ||
| Q1 24 | $0.11 | $1.10 |
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 | $647.0M | $40.3M |
| 总债务越低越好 | $321.0M | $214.1M |
| 股东权益账面价值 | $2.7B | $1.4B |
| 总资产 | $4.5B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.12× | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资DRSMSM
| Q4 25 | $647.0M | $40.3M | ||
| Q3 25 | $309.0M | $56.2M | ||
| Q2 25 | $278.0M | $71.7M | ||
| Q1 25 | $380.0M | — | ||
| Q4 24 | $598.0M | $57.3M | ||
| Q3 24 | $198.0M | — | ||
| Q2 24 | $149.0M | $25.9M | ||
| Q1 24 | $160.0M | $22.2M |
总债务DRSMSM
| Q4 25 | $321.0M | $214.1M | ||
| Q3 25 | $326.0M | $168.8M | ||
| Q2 25 | $331.0M | $285.0M | ||
| Q1 25 | $335.0M | — | ||
| Q4 24 | $340.0M | $289.9M | ||
| Q3 24 | $345.0M | — | ||
| Q2 24 | $351.0M | $299.8M | ||
| Q1 24 | $356.0M | $294.5M |
股东权益DRSMSM
| Q4 25 | $2.7B | $1.4B | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.5B | — | ||
| Q2 24 | $2.4B | $1.4B | ||
| Q1 24 | $2.4B | $1.4B |
总资产DRSMSM
| Q4 25 | $4.5B | $2.5B | ||
| Q3 25 | $4.2B | $2.5B | ||
| Q2 25 | $4.1B | $2.5B | ||
| Q1 25 | $4.1B | — | ||
| Q4 24 | $4.2B | $2.5B | ||
| Q3 24 | $3.9B | — | ||
| Q2 24 | $3.8B | $2.5B | ||
| Q1 24 | $3.8B | $2.5B |
负债/权益比DRSMSM
| Q4 25 | 0.12× | 0.16× | ||
| Q3 25 | 0.12× | 0.12× | ||
| Q2 25 | 0.13× | 0.21× | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.13× | 0.21× | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 0.15× | 0.21× | ||
| Q1 24 | 0.15× | 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 | $425.0M | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $376.0M | $7.4M |
| 自由现金流率自由现金流/营收 | 35.5% | 0.8% |
| 资本支出强度资本支出/营收 | 4.6% | 2.3% |
| 现金转化率经营现金流/净利润 | 4.17× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $227.0M | — |
8季度趋势，按日历期对齐
经营现金流DRSMSM
| Q4 25 | $425.0M | $29.4M | ||
| Q3 25 | $107.0M | — | ||
| Q2 25 | $-28.0M | $151.6M | ||
| Q1 25 | $-138.0M | — | ||
| Q4 24 | $443.0M | $101.9M | ||
| Q3 24 | $59.0M | — | ||
| Q2 24 | $34.0M | $143.5M | ||
| Q1 24 | $-265.0M | $78.7M |
自由现金流DRSMSM
| Q4 25 | $376.0M | $7.4M | ||
| Q3 25 | $77.0M | — | ||
| Q2 25 | $-56.0M | $100.7M | ||
| Q1 25 | $-170.0M | — | ||
| Q4 24 | $414.0M | $81.7M | ||
| Q3 24 | $47.0M | — | ||
| Q2 24 | $0 | $114.0M | ||
| Q1 24 | $-275.0M | $53.4M |
自由现金流率DRSMSM
| Q4 25 | 35.5% | 0.8% | ||
| Q3 25 | 8.0% | — | ||
| Q2 25 | -6.8% | 10.4% | ||
| Q1 25 | -21.3% | — | ||
| Q4 24 | 42.2% | 8.8% | ||
| Q3 24 | 5.8% | — | ||
| Q2 24 | 0.0% | 11.6% | ||
| Q1 24 | -40.0% | 5.7% |
资本支出强度DRSMSM
| Q4 25 | 4.6% | 2.3% | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.4% | 5.2% | ||
| Q1 25 | 4.0% | — | ||
| Q4 24 | 3.0% | 2.2% | ||
| Q3 24 | 1.5% | — | ||
| Q2 24 | 4.5% | 3.0% | ||
| Q1 24 | 1.5% | 2.7% |
现金转化率DRSMSM
| Q4 25 | 4.17× | 0.57× | ||
| Q3 25 | 1.49× | — | ||
| Q2 25 | -0.52× | 2.67× | ||
| Q1 25 | -2.76× | — | ||
| Q4 24 | 4.98× | 2.18× | ||
| Q3 24 | 1.04× | — | ||
| Q2 24 | 0.89× | 2.00× | ||
| Q1 24 | -9.14× | 1.27× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
