vs
GRIFFON CORP（GFF）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
GRIFFON CORP的季度营收约是玛斯特锁的1.0倍（$649.1M vs $644.6M），GRIFFON CORP净利率更高（9.9% vs -6.5%，领先16.4%），GRIFFON CORP同比增速更快（2.6% vs -3.5%），GRIFFON CORP自由现金流更多（$99.3M vs $52.5M），过去两年玛斯特锁的营收复合增速更高（0.5% vs -1.8%）
格里芬公司是总部位于纽约的跨国多元化控股集团，业务覆盖多领域运营，旗下拥有Ames True Temper、ClosetMaid、Clopay建筑产品和CornellCookson四大子公司。该公司1961年起在纽交所公开上市，是标普小盘600指数、标普1500综合指数及罗素2000指数的成分股。
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。
GFF vs MBC — 直观对比
营收规模更大
GFF
是对方的1.0倍
$644.6M
营收增速更快
GFF
高出6.1%
-3.5%
净利率更高
GFF
高出16.4%
-6.5%
自由现金流更多
GFF
多$46.8M
$52.5M
两年增速更快
MBC
近两年复合增速
-1.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $649.1M | $644.6M |
| 净利润 | $64.4M | $-42.0M |
| 毛利率 | 41.1% | 26.0% |
| 营业利润率 | 17.5% | -4.2% |
| 净利率 | 9.9% | -6.5% |
| 营收同比 | 2.6% | -3.5% |
| 净利润同比 | -9.1% | -400.0% |
| 每股收益（稀释后） | $1.41 | $-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GFFMBC
| Q4 25 | $649.1M | $644.6M | ||
| Q3 25 | $662.2M | $698.9M | ||
| Q2 25 | $613.6M | $730.9M | ||
| Q1 25 | $611.7M | $660.3M | ||
| Q4 24 | $632.4M | $667.7M | ||
| Q3 24 | $659.7M | $718.1M | ||
| Q2 24 | $647.8M | $676.5M | ||
| Q1 24 | $672.9M | $638.1M |
净利润GFFMBC
| Q4 25 | $64.4M | $-42.0M | ||
| Q3 25 | $43.6M | $18.1M | ||
| Q2 25 | $-120.1M | $37.3M | ||
| Q1 25 | $56.8M | $13.3M | ||
| Q4 24 | $70.9M | $14.0M | ||
| Q3 24 | $62.5M | $29.1M | ||
| Q2 24 | $41.1M | $45.3M | ||
| Q1 24 | $64.1M | $37.5M |
毛利率GFFMBC
| Q4 25 | 41.1% | 26.0% | ||
| Q3 25 | 41.7% | 31.2% | ||
| Q2 25 | 43.2% | 32.8% | ||
| Q1 25 | 41.2% | 30.6% | ||
| Q4 24 | 41.8% | 30.4% | ||
| Q3 24 | 39.9% | 33.1% | ||
| Q2 24 | 38.5% | 34.1% | ||
| Q1 24 | 40.2% | 32.1% |
营业利润率GFFMBC
| Q4 25 | 17.5% | -4.2% | ||
| Q3 25 | 18.0% | 6.0% | ||
| Q2 25 | -20.5% | 9.2% | ||
| Q1 25 | 16.5% | 5.6% | ||
| Q4 24 | 17.7% | 5.6% | ||
| Q3 24 | 16.9% | 8.0% | ||
| Q2 24 | 13.8% | 11.5% | ||
| Q1 24 | 16.9% | 9.8% |
净利率GFFMBC
| Q4 25 | 9.9% | -6.5% | ||
| Q3 25 | 6.6% | 2.6% | ||
| Q2 25 | -19.6% | 5.1% | ||
| Q1 25 | 9.3% | 2.0% | ||
| Q4 24 | 11.2% | 2.1% | ||
| Q3 24 | 9.5% | 4.1% | ||
| Q2 24 | 6.3% | 6.7% | ||
| Q1 24 | 9.5% | 5.9% |
每股收益（稀释后）GFFMBC
| Q4 25 | $1.41 | $-0.32 | ||
| Q3 25 | $1.04 | $0.14 | ||
| Q2 25 | $-2.65 | $0.29 | ||
| Q1 25 | $1.21 | $0.10 | ||
| Q4 24 | $1.49 | $0.10 | ||
| Q3 24 | $1.29 | $0.22 | ||
| Q2 24 | $0.84 | $0.35 | ||
| Q1 24 | $1.28 | $0.29 |
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 | $95.3M | $183.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $108.9M | $1.3B |
| 总资产 | $2.1B | $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GFFMBC
| Q4 25 | $95.3M | $183.3M | ||
| Q3 25 | $99.0M | $114.8M | ||
| Q2 25 | $107.3M | $120.1M | ||
| Q1 25 | $127.8M | $113.5M | ||
| Q4 24 | $152.0M | $120.6M | ||
| Q3 24 | $114.4M | $108.4M | ||
| Q2 24 | $133.5M | $189.4M | ||
| Q1 24 | $123.0M | $153.7M |
总债务GFFMBC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.5B | — | ||
| Q1 24 | $1.6B | — |
股东权益GFFMBC
| Q4 25 | $108.9M | $1.3B | ||
| Q3 25 | $74.0M | $1.4B | ||
| Q2 25 | $63.9M | $1.4B | ||
| Q1 25 | $214.7M | $1.3B | ||
| Q4 24 | $227.8M | $1.3B | ||
| Q3 24 | $224.9M | $1.3B | ||
| Q2 24 | $223.5M | $1.3B | ||
| Q1 24 | $202.2M | $1.2B |
总资产GFFMBC
| Q4 25 | $2.1B | $3.1B | ||
| Q3 25 | $2.1B | $3.0B | ||
| Q2 25 | $2.1B | $3.0B | ||
| Q1 25 | $2.3B | $3.0B | ||
| Q4 24 | $2.3B | $2.9B | ||
| Q3 24 | $2.4B | $3.0B | ||
| Q2 24 | $2.4B | $2.4B | ||
| Q1 24 | $2.4B | $2.4B |
负债/权益比GFFMBC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 22.71× | — | ||
| Q1 25 | 7.16× | — | ||
| Q4 24 | 6.48× | 0.79× | ||
| Q3 24 | 6.78× | 0.83× | ||
| Q2 24 | 6.74× | — | ||
| Q1 24 | 7.84× | — |
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 | $107.0M | $86.9M |
| 自由现金流经营现金流 - 资本支出 | $99.3M | $52.5M |
| 自由现金流率自由现金流/营收 | 15.3% | 8.1% |
| 资本支出强度资本支出/营收 | 1.2% | 5.3% |
| 现金转化率经营现金流/净利润 | 1.66× | — |
| 过去12个月自由现金流最近4个季度 | $278.9M | $117.5M |
8季度趋势，按日历期对齐
经营现金流GFFMBC
| Q4 25 | $107.0M | $86.9M | ||
| Q3 25 | $75.0M | $55.4M | ||
| Q2 25 | $123.1M | $84.8M | ||
| Q1 25 | $16.5M | $-31.4M | ||
| Q4 24 | $142.9M | $115.1M | ||
| Q3 24 | $72.1M | $80.8M | ||
| Q2 24 | $122.1M | $77.4M | ||
| Q1 24 | $39.8M | $18.7M |
自由现金流GFFMBC
| Q4 25 | $99.3M | $52.5M | ||
| Q3 25 | $62.4M | $39.5M | ||
| Q2 25 | $114.4M | $66.7M | ||
| Q1 25 | $2.8M | $-41.2M | ||
| Q4 24 | $125.5M | $68.8M | ||
| Q3 24 | $51.6M | $64.5M | ||
| Q2 24 | $107.5M | $66.1M | ||
| Q1 24 | $20.8M | $11.7M |
自由现金流率GFFMBC
| Q4 25 | 15.3% | 8.1% | ||
| Q3 25 | 9.4% | 5.7% | ||
| Q2 25 | 18.6% | 9.1% | ||
| Q1 25 | 0.5% | -6.2% | ||
| Q4 24 | 19.8% | 10.3% | ||
| Q3 24 | 7.8% | 9.0% | ||
| Q2 24 | 16.6% | 9.8% | ||
| Q1 24 | 3.1% | 1.8% |
资本支出强度GFFMBC
| Q4 25 | 1.2% | 5.3% | ||
| Q3 25 | 1.9% | 2.3% | ||
| Q2 25 | 1.4% | 2.5% | ||
| Q1 25 | 2.2% | 1.5% | ||
| Q4 24 | 2.8% | 6.9% | ||
| Q3 24 | 3.1% | 2.3% | ||
| Q2 24 | 2.2% | 1.7% | ||
| Q1 24 | 2.8% | 1.1% |
现金转化率GFFMBC
| Q4 25 | 1.66× | — | ||
| Q3 25 | 1.72× | 3.06× | ||
| Q2 25 | — | 2.27× | ||
| Q1 25 | 0.29× | -2.36× | ||
| Q4 24 | 2.02× | 8.22× | ||
| Q3 24 | 1.15× | 2.78× | ||
| Q2 24 | 2.97× | 1.71× | ||
| Q1 24 | 0.62× | 0.50× |
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
GFF
| Consumer And Professional Products | $241.1M | 37% |
| Residential Repairand Remodel | $202.1M | 31% |
| International Excluding North America | $97.8M | 15% |
| Retail | $47.3M | 7% |
| Residential New Construction | $32.5M | 5% |
| Other | $14.2M | 2% |
| Industrial | $14.1M | 2% |
MBC
| Dealers | $345.7M | 54% |
| Retail | $220.0M | 34% |
| Builders | $78.9M | 12% |
