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荷美尔食品（HRL）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
荷美尔食品的季度营收约是Masco的1.7倍（$3.2B vs $1.9B），Masco净利率更高（11.9% vs -1.8%，领先13.6%），Masco同比增速更快（6.5% vs 1.5%），过去两年荷美尔食品的营收复合增速更高（3.1% vs -4.2%）
荷美尔食品是1891年于美国明尼苏达州奥斯汀成立的跨国食品加工企业，由乔治·A·荷美尔创立。品牌最初主营火腿、香肠等各类畜肉产品的包装与销售，1937年推出斯帕姆午餐肉，上世纪80年代起逐步拓展多元化包装及冷藏食品产品线。
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。
HRL vs MAS — 直观对比
营收规模更大
HRL
是对方的1.7倍
$1.9B
营收增速更快
MAS
高出5.0%
1.5%
净利率更高
MAS
高出13.6%
-1.8%
两年增速更快
HRL
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.2B | $1.9B |
| 净利润 | $-56.1M | $228.0M |
| 毛利率 | 14.0% | 35.8% |
| 营业利润率 | 0.1% | 16.5% |
| 净利率 | -1.8% | 11.9% |
| 营收同比 | 1.5% | 6.5% |
| 净利润同比 | -125.5% | 14.5% |
| 每股收益（稀释后） | $-0.10 | — |
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HRLMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $3.2B | $1.8B | ||
| Q3 25 | $3.0B | $1.9B | ||
| Q2 25 | $2.9B | $2.1B | ||
| Q1 25 | $3.0B | $1.8B | ||
| Q4 24 | $3.1B | $1.8B | ||
| Q3 24 | $2.9B | $2.0B | ||
| Q2 24 | $2.9B | $2.1B |
净利润HRLMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $-56.1M | $165.0M | ||
| Q3 25 | $183.7M | $189.0M | ||
| Q2 25 | $180.0M | $270.0M | ||
| Q1 25 | $170.6M | $186.0M | ||
| Q4 24 | $220.2M | $182.0M | ||
| Q3 24 | $176.7M | $167.0M | ||
| Q2 24 | $189.3M | $258.0M |
毛利率HRLMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 14.0% | 33.9% | ||
| Q3 25 | 16.1% | 34.2% | ||
| Q2 25 | 16.7% | 37.6% | ||
| Q1 25 | 15.9% | 35.8% | ||
| Q4 24 | 16.6% | 34.8% | ||
| Q3 24 | 16.8% | 36.6% | ||
| Q2 24 | 17.4% | 37.5% |
营业利润率HRLMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 0.1% | 13.8% | ||
| Q3 25 | 7.9% | 15.8% | ||
| Q2 25 | 8.6% | 20.1% | ||
| Q1 25 | 7.6% | 15.9% | ||
| Q4 24 | 9.4% | 15.9% | ||
| Q3 24 | 8.2% | 18.0% | ||
| Q2 24 | 8.7% | 19.0% |
净利率HRLMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | -1.8% | 9.2% | ||
| Q3 25 | 6.1% | 9.9% | ||
| Q2 25 | 6.2% | 13.2% | ||
| Q1 25 | 5.7% | 10.3% | ||
| Q4 24 | 7.0% | 10.0% | ||
| Q3 24 | 6.1% | 8.4% | ||
| Q2 24 | 6.6% | 12.3% |
每股收益（稀释后）HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | $-0.10 | $0.81 | ||
| Q3 25 | $0.33 | $0.90 | ||
| Q2 25 | $0.33 | $1.28 | ||
| Q1 25 | $0.31 | $0.87 | ||
| Q4 24 | $0.41 | $0.85 | ||
| Q3 24 | $0.32 | $0.77 | ||
| Q2 24 | $0.34 | $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 | $703.6M | — |
| 总债务越低越好 | $2.9B | $2.9B |
| 股东权益账面价值 | $7.9B | $27.0M |
| 总资产 | $13.4B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.36× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | $703.6M | $647.0M | ||
| Q3 25 | $630.7M | $559.0M | ||
| Q2 25 | $699.0M | $390.0M | ||
| Q1 25 | $866.4M | $377.0M | ||
| Q4 24 | $766.6M | $634.0M | ||
| Q3 24 | $561.9M | $646.0M | ||
| Q2 24 | $1.5B | $398.0M |
总债务HRLMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.9B | $2.9B | ||
| Q3 25 | $2.9B | — | ||
| Q2 25 | $2.9B | — | ||
| Q1 25 | $2.9B | — | ||
| Q4 24 | $2.9B | $2.9B | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.9B | — |
股东权益HRLMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $7.9B | $-185.0M | ||
| Q3 25 | $8.1B | $-78.0M | ||
| Q2 25 | $8.0B | $-84.0M | ||
| Q1 25 | $8.0B | $-254.0M | ||
| Q4 24 | $8.0B | $-279.0M | ||
| Q3 24 | $7.9B | $-88.0M | ||
| Q2 24 | $7.9B | $-26.0M |
总资产HRLMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $13.4B | $5.2B | ||
| Q3 25 | $13.5B | $5.3B | ||
| Q2 25 | $13.4B | $5.3B | ||
| Q1 25 | $13.4B | $5.1B | ||
| Q4 24 | $13.4B | $5.0B | ||
| Q3 24 | $13.1B | $5.3B | ||
| Q2 24 | $14.1B | $5.4B |
负债/权益比HRLMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 0.36× | — | ||
| Q3 25 | 0.35× | — | ||
| Q2 25 | 0.35× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 0.36× | — | ||
| Q2 24 | 0.36× | — |
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 | $322.9M | — |
| 自由现金流经营现金流 - 资本支出 | $231.4M | — |
| 自由现金流率自由现金流/营收 | 7.3% | — |
| 资本支出强度资本支出/营收 | 2.9% | 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 | $534.3M | — |
8季度趋势，按日历期对齐
经营现金流HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | $322.9M | $418.0M | ||
| Q3 25 | $156.7M | $456.0M | ||
| Q2 25 | $56.4M | $306.0M | ||
| Q1 25 | $309.2M | $-158.0M | ||
| Q4 24 | $408.6M | $407.0M | ||
| Q3 24 | $218.0M | $416.0M | ||
| Q2 24 | $236.1M | $346.0M |
自由现金流HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | $231.4M | $371.0M | ||
| Q3 25 | $84.5M | $415.0M | ||
| Q2 25 | $-18.6M | $270.0M | ||
| Q1 25 | $237.0M | $-190.0M | ||
| Q4 24 | $324.8M | $351.0M | ||
| Q3 24 | $152.5M | $378.0M | ||
| Q2 24 | $176.2M | $303.0M |
自由现金流率HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | 7.3% | 20.7% | ||
| Q3 25 | 2.8% | 21.6% | ||
| Q2 25 | -0.6% | 13.2% | ||
| Q1 25 | 7.9% | -10.5% | ||
| Q4 24 | 10.4% | 19.2% | ||
| Q3 24 | 5.3% | 19.1% | ||
| Q2 24 | 6.1% | 14.5% |
资本支出强度HRLMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 2.9% | 2.6% | ||
| Q3 25 | 2.4% | 2.1% | ||
| Q2 25 | 2.6% | 1.8% | ||
| Q1 25 | 2.4% | 1.8% | ||
| Q4 24 | 2.7% | 3.1% | ||
| Q3 24 | 2.3% | 1.9% | ||
| Q2 24 | 2.1% | 2.1% |
现金转化率HRLMAS
| Q1 26 | — | — | ||
| Q4 25 | — | 2.53× | ||
| Q3 25 | 0.85× | 2.41× | ||
| Q2 25 | 0.31× | 1.13× | ||
| Q1 25 | 1.81× | -0.85× | ||
| Q4 24 | 1.86× | 2.24× | ||
| Q3 24 | 1.23× | 2.49× | ||
| Q2 24 | 1.25× | 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
HRL
| Retail Segment | $1.9B | 60% |
| Foodservice Segment | $1.1B | 34% |
| Other | $174.7M | 5% |
MAS
暂无分部数据
