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Grocery Outlet Holding Corp.（GO）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是Grocery Outlet Holding Corp.的1.6倍（$1.9B vs $1.2B），Masco净利率更高（11.9% vs -18.5%，领先30.4%），Grocery Outlet Holding Corp.同比增速更快（10.7% vs 6.5%），过去两年Grocery Outlet Holding Corp.的营收复合增速更高（8.3% vs -4.2%）
Grocery Outlet Holding Corp.是美国知名的折扣清仓零售企业，旗下所有门店均为超市，主打销售品牌厂商及自有品牌供应商的库存积压与清仓商品，价格优惠。目前该公司的门店已分布在美国加利福尼亚、俄勒冈、华盛顿、爱达荷等十余州。
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。
GO vs MAS — 直观对比
营收规模更大
MAS
是对方的1.6倍
$1.2B
营收增速更快
GO
高出4.2%
6.5%
净利率更高
MAS
高出30.4%
-18.5%
两年增速更快
GO
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.9B |
| 净利润 | $-224.9M | $228.0M |
| 毛利率 | 29.7% | 35.8% |
| 营业利润率 | — | 16.5% |
| 净利率 | -18.5% | 11.9% |
| 营收同比 | 10.7% | 6.5% |
| 净利润同比 | -669.9% | 14.5% |
| 每股收益（稀释后） | $-2.22 | — |
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GOMAS
| Q1 26 | $1.2B | $1.9B | ||
| Q4 25 | — | $1.8B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.2B | $2.1B | ||
| Q1 25 | $1.1B | $1.8B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.1B | $2.0B | ||
| Q2 24 | $1.1B | $2.1B |
净利润GOMAS
| Q1 26 | $-224.9M | $228.0M | ||
| Q4 25 | — | $165.0M | ||
| Q3 25 | $11.6M | $189.0M | ||
| Q2 25 | $5.0M | $270.0M | ||
| Q1 25 | $-23.3M | $186.0M | ||
| Q4 24 | $2.3M | $182.0M | ||
| Q3 24 | $24.2M | $167.0M | ||
| Q2 24 | $14.0M | $258.0M |
毛利率GOMAS
| Q1 26 | 29.7% | 35.8% | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | 30.4% | 34.2% | ||
| Q2 25 | 30.6% | 37.6% | ||
| Q1 25 | 30.4% | 35.8% | ||
| Q4 24 | 29.5% | 34.8% | ||
| Q3 24 | 31.1% | 36.6% | ||
| Q2 24 | 30.9% | 37.5% |
营业利润率GOMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | 2.0% | 15.8% | ||
| Q2 25 | 1.1% | 20.1% | ||
| Q1 25 | -2.0% | 15.9% | ||
| Q4 24 | 1.0% | 15.9% | ||
| Q3 24 | 3.6% | 18.0% | ||
| Q2 24 | 2.3% | 19.0% |
净利率GOMAS
| Q1 26 | -18.5% | 11.9% | ||
| Q4 25 | — | 9.2% | ||
| Q3 25 | 1.0% | 9.9% | ||
| Q2 25 | 0.4% | 13.2% | ||
| Q1 25 | -2.1% | 10.3% | ||
| Q4 24 | 0.2% | 10.0% | ||
| Q3 24 | 2.2% | 8.4% | ||
| Q2 24 | 1.2% | 12.3% |
每股收益（稀释后）GOMAS
| Q1 26 | $-2.22 | — | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | $0.12 | $0.90 | ||
| Q2 25 | $0.05 | $1.28 | ||
| Q1 25 | $-0.24 | $0.87 | ||
| Q4 24 | $0.03 | $0.85 | ||
| Q3 24 | $0.24 | $0.77 | ||
| Q2 24 | $0.14 | $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 | $69.6M | — |
| 总债务越低越好 | $15.0M | $2.9B |
| 股东权益账面价值 | $983.7M | $27.0M |
| 总资产 | $3.1B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.02× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资GOMAS
| Q1 26 | $69.6M | — | ||
| Q4 25 | — | $647.0M | ||
| Q3 25 | $52.1M | $559.0M | ||
| Q2 25 | $55.2M | $390.0M | ||
| Q1 25 | $50.9M | $377.0M | ||
| Q4 24 | $62.8M | $634.0M | ||
| Q3 24 | $68.7M | $646.0M | ||
| Q2 24 | $67.1M | $398.0M |
总债务GOMAS
| Q1 26 | $15.0M | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | $500.3M | — | ||
| Q2 25 | $473.9M | — | ||
| Q1 25 | $475.7M | — | ||
| Q4 24 | $477.5M | $2.9B | ||
| Q3 24 | $429.3M | — | ||
| Q2 24 | $379.2M | — |
股东权益GOMAS
| Q1 26 | $983.7M | $27.0M | ||
| Q4 25 | — | $-185.0M | ||
| Q3 25 | $1.2B | $-78.0M | ||
| Q2 25 | $1.2B | $-84.0M | ||
| Q1 25 | $1.2B | $-254.0M | ||
| Q4 24 | $1.2B | $-279.0M | ||
| Q3 24 | $1.2B | $-88.0M | ||
| Q2 24 | $1.2B | $-26.0M |
总资产GOMAS
| Q1 26 | $3.1B | $5.2B | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | $3.4B | $5.3B | ||
| Q2 25 | $3.3B | $5.3B | ||
| Q1 25 | $3.3B | $5.1B | ||
| Q4 24 | $3.2B | $5.0B | ||
| Q3 24 | $3.1B | $5.3B | ||
| Q2 24 | $3.1B | $5.4B |
负债/权益比GOMAS
| Q1 26 | 0.02× | 109.07× | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.42× | — | ||
| Q2 25 | 0.40× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.40× | — | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | 0.31× | — |
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 | $222.1M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | 1.8% |
| 现金转化率经营现金流/净利润 | — | — |
| 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GOMAS
| Q1 26 | $222.1M | — | ||
| Q4 25 | — | $418.0M | ||
| Q3 25 | $17.3M | $456.0M | ||
| Q2 25 | $73.6M | $306.0M | ||
| Q1 25 | $58.9M | $-158.0M | ||
| Q4 24 | $39.5M | $407.0M | ||
| Q3 24 | $23.0M | $416.0M | ||
| Q2 24 | $41.6M | $346.0M |
自由现金流GOMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $371.0M | ||
| Q3 25 | $-21.6M | $415.0M | ||
| Q2 25 | $14.4M | $270.0M | ||
| Q1 25 | $-1.5M | $-190.0M | ||
| Q4 24 | $-19.6M | $351.0M | ||
| Q3 24 | $-19.3M | $378.0M | ||
| Q2 24 | $2.7M | $303.0M |
自由现金流率GOMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 20.7% | ||
| Q3 25 | -1.8% | 21.6% | ||
| Q2 25 | 1.2% | 13.2% | ||
| Q1 25 | -0.1% | -10.5% | ||
| Q4 24 | -1.8% | 19.2% | ||
| Q3 24 | -1.7% | 19.1% | ||
| Q2 24 | 0.2% | 14.5% |
资本支出强度GOMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | — | 2.6% | ||
| Q3 25 | 3.3% | 2.1% | ||
| Q2 25 | 5.0% | 1.8% | ||
| Q1 25 | 5.4% | 1.8% | ||
| Q4 24 | 5.4% | 3.1% | ||
| Q3 24 | 3.8% | 1.9% | ||
| Q2 24 | 3.4% | 2.1% |
现金转化率GOMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.53× | ||
| Q3 25 | 1.49× | 2.41× | ||
| Q2 25 | 14.84× | 1.13× | ||
| Q1 25 | — | -0.85× | ||
| Q4 24 | 17.09× | 2.24× | ||
| Q3 24 | 0.95× | 2.49× | ||
| Q2 24 | 2.97× | 1.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
