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达维塔（DVA）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
达维塔的季度营收约是Masco的2.0倍（$3.6B vs $1.8B），Masco净利率更高（9.2% vs 6.5%，领先2.7%），达维塔同比增速更快（12.3% vs -1.9%），过去两年达维塔的营收复合增速更高（6.6% vs -3.5%）
达维塔是美国肾脏透析服务提供商，在美国运营2675家门诊中心，服务20.08万名患者；同时在其他11个国家布局367家门诊中心，服务4.94万名患者。公司主要服务终末期肾病患者，这类患者除非接受捐肾移植，否则通常需要终生每周接受三次透析治疗。
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。
DVA vs MAS — 直观对比
营收规模更大
DVA
是对方的2.0倍
$1.8B
营收增速更快
DVA
高出14.2%
-1.9%
净利率更高
MAS
高出2.7%
6.5%
两年增速更快
DVA
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $1.8B |
| 净利润 | $234.2M | $165.0M |
| 毛利率 | — | 33.9% |
| 营业利润率 | 15.5% | 13.8% |
| 净利率 | 6.5% | 9.2% |
| 营收同比 | 12.3% | -1.9% |
| 净利润同比 | 43.8% | -9.3% |
| 每股收益（稀释后） | $3.22 | $0.81 |
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DVAMAS
| Q1 26 | $3.6B | — | ||
| Q4 25 | $3.6B | $1.8B | ||
| Q3 25 | $3.4B | $1.9B | ||
| Q2 25 | $3.4B | $2.1B | ||
| Q1 25 | $3.2B | $1.8B | ||
| Q4 24 | $3.3B | $1.8B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $3.2B | $2.1B |
净利润DVAMAS
| Q1 26 | $234.2M | — | ||
| Q4 25 | $234.2M | $165.0M | ||
| Q3 25 | $150.3M | $189.0M | ||
| Q2 25 | $199.3M | $270.0M | ||
| Q1 25 | $162.9M | $186.0M | ||
| Q4 24 | $259.3M | $182.0M | ||
| Q3 24 | $214.7M | $167.0M | ||
| Q2 24 | $222.7M | $258.0M |
毛利率DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.8% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 37.5% |
营业利润率DVAMAS
| Q1 26 | 15.5% | — | ||
| Q4 25 | 15.5% | 13.8% | ||
| Q3 25 | 14.8% | 15.8% | ||
| Q2 25 | 15.9% | 20.1% | ||
| Q1 25 | 13.6% | 15.9% | ||
| Q4 24 | 17.2% | 15.9% | ||
| Q3 24 | 16.4% | 18.0% | ||
| Q2 24 | 15.9% | 19.0% |
净利率DVAMAS
| Q1 26 | 6.5% | — | ||
| Q4 25 | 6.5% | 9.2% | ||
| Q3 25 | 4.4% | 9.9% | ||
| Q2 25 | 5.9% | 13.2% | ||
| Q1 25 | 5.1% | 10.3% | ||
| Q4 24 | 7.9% | 10.0% | ||
| Q3 24 | 6.6% | 8.4% | ||
| Q2 24 | 7.0% | 12.3% |
每股收益（稀释后）DVAMAS
| Q1 26 | $3.22 | — | ||
| Q4 25 | $3.22 | $0.81 | ||
| Q3 25 | $2.04 | $0.90 | ||
| Q2 25 | $2.58 | $1.28 | ||
| Q1 25 | $2.00 | $0.87 | ||
| Q4 24 | $3.08 | $0.85 | ||
| Q3 24 | $2.50 | $0.77 | ||
| Q2 24 | $2.50 | $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 | $700.7M | $647.0M |
| 总债务越低越好 | $10.2B | $2.9B |
| 股东权益账面价值 | $-651.1M | $-185.0M |
| 总资产 | $17.5B | $5.2B |
| 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DVAMAS
| Q1 26 | $700.7M | — | ||
| Q4 25 | $700.7M | $647.0M | ||
| Q3 25 | $736.5M | $559.0M | ||
| Q2 25 | $739.4M | $390.0M | ||
| Q1 25 | $511.9M | $377.0M | ||
| Q4 24 | $846.0M | $634.0M | ||
| Q3 24 | $1.1B | $646.0M | ||
| Q2 24 | $437.2M | $398.0M |
总债务DVAMAS
| Q1 26 | $10.2B | — | ||
| Q4 25 | $10.2B | $2.9B | ||
| Q3 25 | $10.2B | — | ||
| Q2 25 | $10.1B | — | ||
| Q1 25 | $9.6B | — | ||
| Q4 24 | $9.2B | $2.9B | ||
| Q3 24 | $9.3B | — | ||
| Q2 24 | $8.5B | — |
股东权益DVAMAS
| Q1 26 | $-651.1M | — | ||
| Q4 25 | $-651.1M | $-185.0M | ||
| Q3 25 | $-571.9M | $-78.0M | ||
| Q2 25 | $-369.6M | $-84.0M | ||
| Q1 25 | $-267.1M | $-254.0M | ||
| Q4 24 | $121.1M | $-279.0M | ||
| Q3 24 | $386.7M | $-88.0M | ||
| Q2 24 | $632.9M | $-26.0M |
总资产DVAMAS
| Q1 26 | $17.5B | — | ||
| Q4 25 | $17.5B | $5.2B | ||
| Q3 25 | $17.6B | $5.3B | ||
| Q2 25 | $17.5B | $5.3B | ||
| Q1 25 | $17.1B | $5.1B | ||
| Q4 24 | $17.3B | $5.0B | ||
| Q3 24 | $17.5B | $5.3B | ||
| Q2 24 | $17.0B | $5.4B |
负债/权益比DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 75.76× | — | ||
| Q3 24 | 23.95× | — | ||
| Q2 24 | 13.35× | — |
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 | — | $418.0M |
| 自由现金流经营现金流 - 资本支出 | — | $371.0M |
| 自由现金流率自由现金流/营收 | — | 20.7% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.53× |
| 过去12个月自由现金流最近4个季度 | — | $866.0M |
8季度趋势，按日历期对齐
经营现金流DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | $540.7M | $418.0M | ||
| Q3 25 | $841.5M | $456.0M | ||
| Q2 25 | $324.2M | $306.0M | ||
| Q1 25 | $180.0M | $-158.0M | ||
| Q4 24 | $547.6M | $407.0M | ||
| Q3 24 | $810.4M | $416.0M | ||
| Q2 24 | $798.8M | $346.0M |
自由现金流DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | $395.3M | $371.0M | ||
| Q3 25 | $675.4M | $415.0M | ||
| Q2 25 | $203.1M | $270.0M | ||
| Q1 25 | $36.8M | $-190.0M | ||
| Q4 24 | $377.0M | $351.0M | ||
| Q3 24 | $671.4M | $378.0M | ||
| Q2 24 | $674.1M | $303.0M |
自由现金流率DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 20.7% | ||
| Q3 25 | 19.7% | 21.6% | ||
| Q2 25 | 6.0% | 13.2% | ||
| Q1 25 | 1.1% | -10.5% | ||
| Q4 24 | 11.4% | 19.2% | ||
| Q3 24 | 20.6% | 19.1% | ||
| Q2 24 | 21.2% | 14.5% |
资本支出强度DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 2.6% | ||
| Q3 25 | 4.9% | 2.1% | ||
| Q2 25 | 3.6% | 1.8% | ||
| Q1 25 | 4.4% | 1.8% | ||
| Q4 24 | 5.2% | 3.1% | ||
| Q3 24 | 4.3% | 1.9% | ||
| Q2 24 | 3.9% | 2.1% |
现金转化率DVAMAS
| Q1 26 | — | — | ||
| Q4 25 | 2.31× | 2.53× | ||
| Q3 25 | 5.60× | 2.41× | ||
| Q2 25 | 1.63× | 1.13× | ||
| Q1 25 | 1.10× | -0.85× | ||
| Q4 24 | 2.11× | 2.24× | ||
| Q3 24 | 3.77× | 2.49× | ||
| Q2 24 | 3.59× | 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
DVA
暂无分部数据
MAS
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
