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格罗方德（GFS）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
格罗方德的季度营收约是MSC INDUSTRIAL DIRECT CO INC的1.7倍（$1.7B vs $965.7M），格罗方德净利率更高（14.8% vs 5.4%，领先9.4%），MSC INDUSTRIAL DIRECT CO INC同比增速更快（4.0% vs -2.9%），过去两年MSC INDUSTRIAL DIRECT CO INC的营收复合增速更高（-3.4% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
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。
GFS vs MSM — 直观对比
营收规模更大
GFS
是对方的1.7倍
$965.7M
营收增速更快
MSM
高出6.9%
-2.9%
净利率更高
GFS
高出9.4%
5.4%
两年增速更快
MSM
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $965.7M |
| 净利润 | $249.0M | $51.8M |
| 毛利率 | 24.8% | 40.7% |
| 营业利润率 | 11.6% | 7.9% |
| 净利率 | 14.8% | 5.4% |
| 营收同比 | -2.9% | 4.0% |
| 净利润同比 | 39.9% | 11.1% |
| 每股收益（稀释后） | $0.44 | $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GFSMSM
| Q4 25 | — | $965.7M | ||
| Q3 25 | $1.7B | $978.2M | ||
| Q2 25 | $1.7B | $971.1M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | $928.5M | ||
| Q3 24 | $1.7B | — | ||
| Q2 24 | $1.6B | $979.4M | ||
| Q1 24 | $1.5B | $935.3M |
净利润GFSMSM
| Q4 25 | — | $51.8M | ||
| Q3 25 | $249.0M | $56.5M | ||
| Q2 25 | $228.0M | $56.8M | ||
| Q1 25 | $211.0M | — | ||
| Q4 24 | — | $46.6M | ||
| Q3 24 | $178.0M | — | ||
| Q2 24 | $155.0M | $71.7M | ||
| Q1 24 | $134.0M | $61.8M |
毛利率GFSMSM
| Q4 25 | — | 40.7% | ||
| Q3 25 | 24.8% | 40.4% | ||
| Q2 25 | 24.2% | 41.0% | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 24.2% | 40.9% | ||
| Q1 24 | 25.4% | 41.5% |
营业利润率GFSMSM
| Q4 25 | — | 7.9% | ||
| Q3 25 | 11.6% | 8.6% | ||
| Q2 25 | 11.6% | 8.5% | ||
| Q1 25 | 9.5% | — | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | 10.6% | — | ||
| Q2 24 | 9.5% | 10.9% | ||
| Q1 24 | 9.5% | 9.7% |
净利率GFSMSM
| Q4 25 | — | 5.4% | ||
| Q3 25 | 14.8% | 5.8% | ||
| Q2 25 | 13.5% | 5.9% | ||
| Q1 25 | 13.3% | — | ||
| Q4 24 | — | 5.0% | ||
| Q3 24 | 10.2% | — | ||
| Q2 24 | 9.5% | 7.3% | ||
| Q1 24 | 8.7% | 6.6% |
每股收益（稀释后）GFSMSM
| Q4 25 | — | $0.93 | ||
| Q3 25 | $0.44 | $1.02 | ||
| Q2 25 | $0.41 | $1.02 | ||
| Q1 25 | $0.38 | — | ||
| Q4 24 | — | $0.83 | ||
| Q3 24 | $0.32 | — | ||
| Q2 24 | $0.28 | $1.27 | ||
| Q1 24 | $0.24 | $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 | $2.0B | $40.3M |
| 总债务越低越好 | — | $214.1M |
| 股东权益账面价值 | $11.8B | $1.4B |
| 总资产 | $16.7B | $2.5B |
| 负债/权益比越低杠杆越低 | — | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资GFSMSM
| Q4 25 | — | $40.3M | ||
| Q3 25 | $2.0B | $56.2M | ||
| Q2 25 | $1.8B | $71.7M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | — | $57.3M | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.2B | $25.9M | ||
| Q1 24 | $2.2B | $22.2M |
总债务GFSMSM
| Q4 25 | — | $214.1M | ||
| Q3 25 | — | $168.8M | ||
| Q2 25 | — | $285.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $289.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $299.8M | ||
| Q1 24 | — | $294.5M |
股东权益GFSMSM
| Q4 25 | — | $1.4B | ||
| Q3 25 | $11.8B | $1.4B | ||
| Q2 25 | $11.5B | $1.4B | ||
| Q1 25 | $11.1B | — | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | $11.6B | — | ||
| Q2 24 | $11.3B | $1.4B | ||
| Q1 24 | $11.3B | $1.4B |
总资产GFSMSM
| Q4 25 | — | $2.5B | ||
| Q3 25 | $16.7B | $2.5B | ||
| Q2 25 | $16.8B | $2.5B | ||
| Q1 25 | $16.5B | — | ||
| Q4 24 | — | $2.5B | ||
| Q3 24 | $18.1B | — | ||
| Q2 24 | — | $2.5B | ||
| Q1 24 | — | $2.5B |
负债/权益比GFSMSM
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.21× | ||
| Q1 24 | — | 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 | $595.0M | $29.4M |
| 自由现金流经营现金流 - 资本支出 | — | $7.4M |
| 自由现金流率自由现金流/营收 | — | 0.8% |
| 资本支出强度资本支出/营收 | — | 2.3% |
| 现金转化率经营现金流/净利润 | 2.39× | 0.57× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GFSMSM
| Q4 25 | — | $29.4M | ||
| Q3 25 | $595.0M | — | ||
| Q2 25 | $431.0M | $151.6M | ||
| Q1 25 | $331.0M | — | ||
| Q4 24 | — | $101.9M | ||
| Q3 24 | $375.0M | — | ||
| Q2 24 | $402.0M | $143.5M | ||
| Q1 24 | $488.0M | $78.7M |
自由现金流GFSMSM
| Q4 25 | — | $7.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $100.7M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $81.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $114.0M | ||
| Q1 24 | — | $53.4M |
自由现金流率GFSMSM
| Q4 25 | — | 0.8% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 8.8% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 11.6% | ||
| Q1 24 | — | 5.7% |
资本支出强度GFSMSM
| Q4 25 | — | 2.3% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.0% | ||
| Q1 24 | — | 2.7% |
现金转化率GFSMSM
| Q4 25 | — | 0.57× | ||
| Q3 25 | 2.39× | — | ||
| Q2 25 | 1.89× | 2.67× | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | 2.11× | — | ||
| Q2 24 | 2.59× | 2.00× | ||
| Q1 24 | 3.64× | 1.27× |
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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
MSM
暂无分部数据
