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Host Hotels & Resorts（HST）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Host Hotels & Resorts的1.2倍（$1.9B vs $1.6B），Masco净利率更高（11.9% vs 8.4%，领先3.5%），Host Hotels & Resorts同比增速更快（12.3% vs 6.5%），过去两年Host Hotels & Resorts的营收复合增速更高（4.4% vs -4.2%）
Host Hotels & Resorts是总部位于美国马里兰州贝塞斯达的房地产投资信托企业，专注于高端酒店资产投资。截至2024年12月31日，公司在美国、巴西、加拿大共持有81家高端酒店，总客房数约4.34万间，是全球知名的酒店不动产投资机构。
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。
HST vs MAS — 直观对比
营收规模更大
MAS
是对方的1.2倍
$1.6B
营收增速更快
HST
高出5.8%
6.5%
净利率更高
MAS
高出3.5%
8.4%
两年增速更快
HST
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $1.9B |
| 净利润 | $135.0M | $228.0M |
| 毛利率 | — | 35.8% |
| 营业利润率 | 12.0% | 16.5% |
| 净利率 | 8.4% | 11.9% |
| 营收同比 | 12.3% | 6.5% |
| 净利润同比 | 25.0% | 14.5% |
| 每股收益（稀释后） | $0.20 | — |
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HSTMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.6B | $1.8B | ||
| Q3 25 | $1.3B | $1.9B | ||
| Q2 25 | $1.6B | $2.1B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.5B | $2.1B |
净利润HSTMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $135.0M | $165.0M | ||
| Q3 25 | $161.0M | $189.0M | ||
| Q2 25 | $221.0M | $270.0M | ||
| Q1 25 | $248.0M | $186.0M | ||
| Q4 24 | $108.0M | $182.0M | ||
| Q3 24 | $82.0M | $167.0M | ||
| Q2 24 | $239.0M | $258.0M |
毛利率HSTMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | — | 33.9% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | — | 37.6% | ||
| Q1 25 | — | 35.8% | ||
| Q4 24 | — | 34.8% | ||
| Q3 24 | — | 36.6% | ||
| Q2 24 | — | 37.5% |
营业利润率HSTMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 12.0% | 13.8% | ||
| Q3 25 | 7.6% | 15.8% | ||
| Q2 25 | 17.5% | 20.1% | ||
| Q1 25 | 17.9% | 15.9% | ||
| Q4 24 | 11.0% | 15.9% | ||
| Q3 24 | 10.2% | 18.0% | ||
| Q2 24 | 19.9% | 19.0% |
净利率HSTMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 8.4% | 9.2% | ||
| Q3 25 | 12.1% | 9.9% | ||
| Q2 25 | 13.9% | 13.2% | ||
| Q1 25 | 15.6% | 10.3% | ||
| Q4 24 | 7.6% | 10.0% | ||
| Q3 24 | 6.2% | 8.4% | ||
| Q2 24 | 16.3% | 12.3% |
每股收益（稀释后）HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | $0.20 | $0.81 | ||
| Q3 25 | $0.23 | $0.90 | ||
| Q2 25 | $0.32 | $1.28 | ||
| Q1 25 | $0.35 | $0.87 | ||
| Q4 24 | $0.15 | $0.85 | ||
| Q3 24 | $0.12 | $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 | $768.0M | — |
| 总债务越低越好 | $1.3B | $2.9B |
| 股东权益账面价值 | $6.6B | $27.0M |
| 总资产 | $13.0B | $5.2B |
| 负债/权益比越低杠杆越低 | 0.19× | 109.07× |
8季度趋势，按日历期对齐
现金及短期投资HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | $768.0M | $647.0M | ||
| Q3 25 | $539.0M | $559.0M | ||
| Q2 25 | $490.0M | $390.0M | ||
| Q1 25 | $428.0M | $377.0M | ||
| Q4 24 | $554.0M | $634.0M | ||
| Q3 24 | $564.0M | $646.0M | ||
| Q2 24 | $805.0M | $398.0M |
总债务HSTMAS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $1.3B | $2.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $896.0M | $2.9B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益HSTMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $6.6B | $-185.0M | ||
| Q3 25 | $6.7B | $-78.0M | ||
| Q2 25 | $6.6B | $-84.0M | ||
| Q1 25 | $6.7B | $-254.0M | ||
| Q4 24 | $6.6B | $-279.0M | ||
| Q3 24 | $6.7B | $-88.0M | ||
| Q2 24 | $6.8B | $-26.0M |
总资产HSTMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $13.0B | $5.2B | ||
| Q3 25 | $13.0B | $5.3B | ||
| Q2 25 | $13.0B | $5.3B | ||
| Q1 25 | $12.9B | $5.1B | ||
| Q4 24 | $13.0B | $5.0B | ||
| Q3 24 | $13.1B | $5.3B | ||
| Q2 24 | $12.4B | $5.4B |
负债/权益比HSTMAS
| Q1 26 | — | 109.07× | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.14× | — | ||
| 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 | $543.0M | — |
| 自由现金流经营现金流 - 资本支出 | $445.0M | — |
| 自由现金流率自由现金流/营收 | 27.8% | — |
| 资本支出强度资本支出/营收 | 6.1% | 1.8% |
| 现金转化率经营现金流/净利润 | 4.02× | — |
| 过去12个月自由现金流最近4个季度 | $1.2B | — |
8季度趋势，按日历期对齐
经营现金流HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | $543.0M | $418.0M | ||
| Q3 25 | $218.0M | $456.0M | ||
| Q2 25 | $444.0M | $306.0M | ||
| Q1 25 | $305.0M | $-158.0M | ||
| Q4 24 | $331.0M | $407.0M | ||
| Q3 24 | $349.0M | $416.0M | ||
| Q2 24 | $453.0M | $346.0M |
自由现金流HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | $445.0M | $371.0M | ||
| Q3 25 | $143.0M | $415.0M | ||
| Q2 25 | $381.0M | $270.0M | ||
| Q1 25 | $259.0M | $-190.0M | ||
| Q4 24 | $235.0M | $351.0M | ||
| Q3 24 | $262.0M | $378.0M | ||
| Q2 24 | $409.0M | $303.0M |
自由现金流率HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 20.7% | ||
| Q3 25 | 10.7% | 21.6% | ||
| Q2 25 | 24.0% | 13.2% | ||
| Q1 25 | 16.2% | -10.5% | ||
| Q4 24 | 16.5% | 19.2% | ||
| Q3 24 | 19.9% | 19.1% | ||
| Q2 24 | 27.9% | 14.5% |
资本支出强度HSTMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 6.1% | 2.6% | ||
| Q3 25 | 5.6% | 2.1% | ||
| Q2 25 | 4.0% | 1.8% | ||
| Q1 25 | 2.9% | 1.8% | ||
| Q4 24 | 6.7% | 3.1% | ||
| Q3 24 | 6.6% | 1.9% | ||
| Q2 24 | 3.0% | 2.1% |
现金转化率HSTMAS
| Q1 26 | — | — | ||
| Q4 25 | 4.02× | 2.53× | ||
| Q3 25 | 1.35× | 2.41× | ||
| Q2 25 | 2.01× | 1.13× | ||
| Q1 25 | 1.23× | -0.85× | ||
| Q4 24 | 3.06× | 2.24× | ||
| Q3 24 | 4.26× | 2.49× | ||
| Q2 24 | 1.90× | 1.34× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
