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EDGEWELL PERSONAL CARE Co（EPC）与明晟（MSCI）财务数据对比。点击上方公司名可切换其他公司
明晟的季度营收约是EDGEWELL PERSONAL CARE Co的1.9倍（$822.5M vs $422.8M），明晟净利率更高（34.6% vs -15.5%，领先50.1%），明晟同比增速更快（10.6% vs -11.6%），明晟自由现金流更多（$488.7M vs $-137.5M），过去两年明晟的营收复合增速更高（10.0% vs -16.0%）
Edgewell个人护理是一家总部位于美国康涅狄格州谢尔顿的跨国消费品企业，主营业务聚焦个人护理产品领域。公司在2015年从劲量控股分拆后正式成立，目前在全球多个市场开展个人护理相关业务。
MSCI（明晟）是总部位于美国纽约的金融服务企业，为全球市场提供股票、固定收益、房地产指数、多资产组合分析工具及ESG、气候金融相关产品，旗下运营MSCI全球指数、MSCI新兴市场指数、MSCI全球所有国家（ACWI）指数等多款知名指数产品。
EPC vs MSCI — 直观对比
营收规模更大
MSCI
是对方的1.9倍
$422.8M
营收增速更快
MSCI
高出22.2%
-11.6%
净利率更高
MSCI
高出50.1%
-15.5%
自由现金流更多
MSCI
多$626.2M
$-137.5M
两年增速更快
MSCI
近两年复合增速
-16.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.8M | $822.5M |
| 净利润 | $-65.7M | $284.7M |
| 毛利率 | 38.1% | — |
| 营业利润率 | -4.5% | 56.4% |
| 净利率 | -15.5% | 34.6% |
| 营收同比 | -11.6% | 10.6% |
| 净利润同比 | -3028.6% | -6.8% |
| 每股收益（稀释后） | $-1.41 | $3.81 |
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EPCMSCI
| Q4 25 | $422.8M | $822.5M | ||
| Q3 25 | $600.5M | $793.4M | ||
| Q2 25 | $627.2M | $772.7M | ||
| Q1 25 | $580.7M | $745.8M | ||
| Q4 24 | $415.1M | $743.5M | ||
| Q3 24 | $517.6M | $724.7M | ||
| Q2 24 | $647.8M | $707.9M | ||
| Q1 24 | $599.4M | $680.0M |
净利润EPCMSCI
| Q4 25 | $-65.7M | $284.7M | ||
| Q3 25 | $-30.6M | $325.4M | ||
| Q2 25 | $29.1M | $303.6M | ||
| Q1 25 | $29.0M | $288.6M | ||
| Q4 24 | $-2.1M | $305.5M | ||
| Q3 24 | $8.8M | $280.9M | ||
| Q2 24 | $49.0M | $266.8M | ||
| Q1 24 | $36.0M | $256.0M |
毛利率EPCMSCI
| Q4 25 | 38.1% | — | ||
| Q3 25 | 37.9% | — | ||
| Q2 25 | 42.8% | — | ||
| Q1 25 | 44.1% | — | ||
| Q4 24 | 41.6% | — | ||
| Q3 24 | 41.1% | — | ||
| Q2 24 | 44.3% | — | ||
| Q1 24 | 43.1% | — |
营业利润率EPCMSCI
| Q4 25 | -4.5% | 56.4% | ||
| Q3 25 | -4.2% | 56.4% | ||
| Q2 25 | 8.6% | 55.0% | ||
| Q1 25 | 10.1% | 50.6% | ||
| Q4 24 | 2.2% | 54.5% | ||
| Q3 24 | 3.9% | 55.4% | ||
| Q2 24 | 12.8% | 54.0% | ||
| Q1 24 | 11.7% | 49.9% |
净利率EPCMSCI
| Q4 25 | -15.5% | 34.6% | ||
| Q3 25 | -5.1% | 41.0% | ||
| Q2 25 | 4.6% | 39.3% | ||
| Q1 25 | 5.0% | 38.7% | ||
| Q4 24 | -0.5% | 41.1% | ||
| Q3 24 | 1.7% | 38.8% | ||
| Q2 24 | 7.6% | 37.7% | ||
| Q1 24 | 6.0% | 37.6% |
每股收益（稀释后）EPCMSCI
| Q4 25 | $-1.41 | $3.81 | ||
| Q3 25 | $-0.65 | $4.25 | ||
| Q2 25 | $0.62 | $3.92 | ||
| Q1 25 | $0.60 | $3.71 | ||
| Q4 24 | $-0.04 | $3.89 | ||
| Q3 24 | $0.18 | $3.57 | ||
| Q2 24 | $0.98 | $3.37 | ||
| Q1 24 | $0.72 | $3.22 |
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 | — | $515.3M |
| 总债务越低越好 | $1.5B | $6.2B |
| 股东权益账面价值 | $1.5B | $-2.7B |
| 总资产 | $3.8B | $5.7B |
| 负债/权益比越低杠杆越低 | 1.03× | — |
8季度趋势，按日历期对齐
现金及短期投资EPCMSCI
| Q4 25 | — | $515.3M | ||
| Q3 25 | — | $400.1M | ||
| Q2 25 | — | $347.3M | ||
| Q1 25 | — | $360.7M | ||
| Q4 24 | — | $409.4M | ||
| Q3 24 | $209.1M | $501.0M | ||
| Q2 24 | — | $451.4M | ||
| Q1 24 | — | $519.3M |
总债务EPCMSCI
| Q4 25 | $1.5B | $6.2B | ||
| Q3 25 | $1.4B | $5.5B | ||
| Q2 25 | $1.4B | $4.5B | ||
| Q1 25 | $1.4B | $4.5B | ||
| Q4 24 | $1.4B | $4.5B | ||
| Q3 24 | $1.3B | $4.5B | ||
| Q2 24 | $1.3B | $4.5B | ||
| Q1 24 | $1.4B | $4.5B |
股东权益EPCMSCI
| Q4 25 | $1.5B | $-2.7B | ||
| Q3 25 | $1.6B | $-1.9B | ||
| Q2 25 | $1.6B | $-886.2M | ||
| Q1 25 | $1.5B | $-958.6M | ||
| Q4 24 | $1.5B | $-940.0M | ||
| Q3 24 | $1.6B | $-751.0M | ||
| Q2 24 | $1.6B | $-734.5M | ||
| Q1 24 | $1.6B | $-650.5M |
总资产EPCMSCI
| Q4 25 | $3.8B | $5.7B | ||
| Q3 25 | $3.8B | $5.4B | ||
| Q2 25 | $3.8B | $5.4B | ||
| Q1 25 | $3.8B | $5.3B | ||
| Q4 24 | $3.7B | $5.4B | ||
| Q3 24 | $3.7B | $5.4B | ||
| Q2 24 | $3.7B | $5.5B | ||
| Q1 24 | $3.8B | $5.5B |
负债/权益比EPCMSCI
| Q4 25 | 1.03× | — | ||
| Q3 25 | 0.89× | — | ||
| Q2 25 | 0.88× | — | ||
| Q1 25 | 0.95× | — | ||
| Q4 24 | 0.97× | — | ||
| Q3 24 | 0.81× | — | ||
| Q2 24 | 0.82× | — | ||
| Q1 24 | 0.88× | — |
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 | $-125.9M | $501.1M |
| 自由现金流经营现金流 - 资本支出 | $-137.5M | $488.7M |
| 自由现金流率自由现金流/营收 | -32.5% | 59.4% |
| 资本支出强度资本支出/营收 | 2.7% | 1.5% |
| 现金转化率经营现金流/净利润 | — | 1.76× |
| 过去12个月自由现金流最近4个季度 | $36.3M | $1.5B |
8季度趋势，按日历期对齐
经营现金流EPCMSCI
| Q4 25 | $-125.9M | $501.1M | ||
| Q3 25 | $74.1M | $449.4M | ||
| Q2 25 | $114.8M | $336.1M | ||
| Q1 25 | $45.1M | $301.7M | ||
| Q4 24 | $-115.6M | $430.6M | ||
| Q3 24 | $-388.3M | $421.6M | ||
| Q2 24 | $101.2M | $349.2M | ||
| Q1 24 | $129.0M | $300.1M |
自由现金流EPCMSCI
| Q4 25 | $-137.5M | $488.7M | ||
| Q3 25 | $46.5M | $445.5M | ||
| Q2 25 | $99.3M | $324.7M | ||
| Q1 25 | $28.0M | $290.2M | ||
| Q4 24 | $-132.4M | $416.4M | ||
| Q3 24 | $-414.2M | $415.0M | ||
| Q2 24 | $88.6M | $340.6M | ||
| Q1 24 | $117.5M | $295.9M |
自由现金流率EPCMSCI
| Q4 25 | -32.5% | 59.4% | ||
| Q3 25 | 7.7% | 56.2% | ||
| Q2 25 | 15.8% | 42.0% | ||
| Q1 25 | 4.8% | 38.9% | ||
| Q4 24 | -31.9% | 56.0% | ||
| Q3 24 | -80.0% | 57.3% | ||
| Q2 24 | 13.7% | 48.1% | ||
| Q1 24 | 19.6% | 43.5% |
资本支出强度EPCMSCI
| Q4 25 | 2.7% | 1.5% | ||
| Q3 25 | 4.6% | 0.5% | ||
| Q2 25 | 2.5% | 1.5% | ||
| Q1 25 | 2.9% | 1.5% | ||
| Q4 24 | 4.0% | 1.9% | ||
| Q3 24 | 5.0% | 0.9% | ||
| Q2 24 | 1.9% | 1.2% | ||
| Q1 24 | 1.9% | 0.6% |
现金转化率EPCMSCI
| Q4 25 | — | 1.76× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | 3.95× | 1.11× | ||
| Q1 25 | 1.56× | 1.05× | ||
| Q4 24 | — | 1.41× | ||
| Q3 24 | -44.13× | 1.50× | ||
| Q2 24 | 2.07× | 1.31× | ||
| Q1 24 | 3.58× | 1.17× |
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
EPC
| Other | $242.0M | 57% |
| Sunand Skin Care Segment | $131.5M | 31% |
| Shavinggelsandcreams | $32.3M | 8% |
| Wipes And Other Skin Care Products | $17.0M | 4% |
MSCI
| Recurring Subscriptions | $246.4M | 30% |
| Asset Based Fees | $211.7M | 26% |
| Analytics Segment | $182.3M | 22% |
| Sustainability And Climate Segment | $90.3M | 11% |
| Other | $70.9M | 9% |
| Non Recurring | $21.1M | 3% |
