vs
孩之宝（HAS）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是孩之宝的1.3倍（$1.9B vs $1.4B），孩之宝净利率更高（13.9% vs 11.9%，领先2.1%），孩之宝同比增速更快（31.3% vs 6.5%），过去两年孩之宝的营收复合增速更高（38.2% vs -4.2%）
孩之宝是1923年12月6日成立的美国跨国玩具制造与娱乐控股企业，总部位于罗德岛州波塔基特。旗下拥有Kenner、米尔顿·布拉德利、派克兄弟、威世智等知名品牌，持有大量热门IP商标权，业务覆盖玩具生产、游戏开发、娱乐内容出品等多个领域。
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。
HAS vs MAS — 直观对比
营收规模更大
MAS
是对方的1.3倍
$1.4B
营收增速更快
HAS
高出24.8%
6.5%
净利率更高
HAS
高出2.1%
11.9%
两年增速更快
HAS
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.9B |
| 净利润 | $201.6M | $228.0M |
| 毛利率 | 68.7% | 35.8% |
| 营业利润率 | 20.6% | 16.5% |
| 净利率 | 13.9% | 11.9% |
| 营收同比 | 31.3% | 6.5% |
| 净利润同比 | 687.8% | 14.5% |
| 每股收益（稀释后） | $1.46 | — |
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HASMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.4B | $1.9B | ||
| Q2 25 | $980.8M | $2.1B | ||
| Q1 25 | $887.1M | $1.8B | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $995.3M | $2.1B |
净利润HASMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $201.6M | $165.0M | ||
| Q3 25 | $233.2M | $189.0M | ||
| Q2 25 | $-855.8M | $270.0M | ||
| Q1 25 | $98.6M | $186.0M | ||
| Q4 24 | $-34.3M | $182.0M | ||
| Q3 24 | $223.2M | $167.0M | ||
| Q2 24 | $138.5M | $258.0M |
毛利率HASMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 68.7% | 33.9% | ||
| Q3 25 | 70.1% | 34.2% | ||
| Q2 25 | 77.0% | 37.6% | ||
| Q1 25 | 76.9% | 35.8% | ||
| Q4 24 | 67.4% | 34.8% | ||
| Q3 24 | 70.4% | 36.6% | ||
| Q2 24 | 76.1% | 37.5% |
营业利润率HASMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 20.6% | 13.8% | ||
| Q3 25 | 24.6% | 15.8% | ||
| Q2 25 | -81.4% | 20.1% | ||
| Q1 25 | 19.2% | 15.9% | ||
| Q4 24 | 5.4% | 15.9% | ||
| Q3 24 | 23.6% | 18.0% | ||
| Q2 24 | 21.3% | 19.0% |
净利率HASMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 13.9% | 9.2% | ||
| Q3 25 | 16.8% | 9.9% | ||
| Q2 25 | -87.3% | 13.2% | ||
| Q1 25 | 11.1% | 10.3% | ||
| Q4 24 | -3.1% | 10.0% | ||
| Q3 24 | 17.4% | 8.4% | ||
| Q2 24 | 13.9% | 12.3% |
每股收益（稀释后）HASMAS
| Q1 26 | — | — | ||
| Q4 25 | $1.46 | $0.81 | ||
| Q3 25 | $1.64 | $0.90 | ||
| Q2 25 | $-6.10 | $1.28 | ||
| Q1 25 | $0.70 | $0.87 | ||
| Q4 24 | $-0.25 | $0.85 | ||
| Q3 24 | $1.59 | $0.77 | ||
| Q2 24 | $0.99 | $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 | — | — |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $565.5M | $27.0M |
| 总资产 | $5.6B | $5.2B |
| 负债/权益比越低杠杆越低 | — | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资HASMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $647.0M | ||
| Q3 25 | — | $559.0M | ||
| Q2 25 | — | $390.0M | ||
| Q1 25 | — | $377.0M | ||
| Q4 24 | — | $634.0M | ||
| Q3 24 | — | $646.0M | ||
| Q2 24 | — | $398.0M |
总债务HASMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | — | $2.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HASMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $565.5M | $-185.0M | ||
| Q3 25 | $433.8M | $-78.0M | ||
| Q2 25 | $269.7M | $-84.0M | ||
| Q1 25 | $1.2B | $-254.0M | ||
| Q4 24 | $1.2B | $-279.0M | ||
| Q3 24 | $1.3B | $-88.0M | ||
| Q2 24 | $1.2B | $-26.0M |
总资产HASMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $5.6B | $5.2B | ||
| Q3 25 | $5.5B | $5.3B | ||
| Q2 25 | $5.2B | $5.3B | ||
| Q1 25 | $6.0B | $5.1B | ||
| Q4 24 | $6.3B | $5.0B | ||
| Q3 24 | $7.2B | $5.3B | ||
| Q2 24 | $6.9B | $5.4B |
负债/权益比HASMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $403.2M | — |
| 自由现金流经营现金流 - 资本支出 | $389.5M | — |
| 自由现金流率自由现金流/营收 | 26.9% | — |
| 资本支出强度资本支出/营收 | 0.9% | 1.8% |
| 现金转化率经营现金流/净利润 | 2.00× | — |
| 过去12个月自由现金流最近4个季度 | $829.9M | — |
8季度趋势，按日历期对齐
经营现金流HASMAS
| Q1 26 | — | — | ||
| Q4 25 | $403.2M | $418.0M | ||
| Q3 25 | $280.6M | $456.0M | ||
| Q2 25 | $71.3M | $306.0M | ||
| Q1 25 | $138.1M | $-158.0M | ||
| Q4 24 | $259.8M | $407.0M | ||
| Q3 24 | $222.5M | $416.0M | ||
| Q2 24 | $187.3M | $346.0M |
自由现金流HASMAS
| Q1 26 | — | — | ||
| Q4 25 | $389.5M | $371.0M | ||
| Q3 25 | $260.9M | $415.0M | ||
| Q2 25 | $55.2M | $270.0M | ||
| Q1 25 | $124.3M | $-190.0M | ||
| Q4 24 | $200.8M | $351.0M | ||
| Q3 24 | $174.0M | $378.0M | ||
| Q2 24 | $135.4M | $303.0M |
自由现金流率HASMAS
| Q1 26 | — | — | ||
| Q4 25 | 26.9% | 20.7% | ||
| Q3 25 | 18.8% | 21.6% | ||
| Q2 25 | 5.6% | 13.2% | ||
| Q1 25 | 14.0% | -10.5% | ||
| Q4 24 | 18.2% | 19.2% | ||
| Q3 24 | 13.6% | 19.1% | ||
| Q2 24 | 13.6% | 14.5% |
资本支出强度HASMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 0.9% | 2.6% | ||
| Q3 25 | 1.4% | 2.1% | ||
| Q2 25 | 1.6% | 1.8% | ||
| Q1 25 | 1.6% | 1.8% | ||
| Q4 24 | 5.4% | 3.1% | ||
| Q3 24 | 3.8% | 1.9% | ||
| Q2 24 | 5.2% | 2.1% |
现金转化率HASMAS
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 2.53× | ||
| Q3 25 | 1.20× | 2.41× | ||
| Q2 25 | — | 1.13× | ||
| Q1 25 | 1.40× | -0.85× | ||
| Q4 24 | — | 2.24× | ||
| Q3 24 | 1.00× | 2.49× | ||
| Q2 24 | 1.35× | 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
HAS
| Grow Brands | $1.1B | 75% |
| Optimize Brands | $188.7M | 13% |
| Digital And Licensing Gaming | $135.7M | 9% |
| Class Of Principal Product Family Brands | $13.1M | 1% |
| Filmand TV | $2.4M | 0% |
MAS
暂无分部数据
