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好时（HSY）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
好时的季度营收约是Masco的1.7倍（$3.1B vs $1.8B），好时净利率更高（14.0% vs 9.2%，领先4.8%），好时同比增速更快（10.6% vs -1.9%），过去两年好时的营收复合增速更高（22.3% vs -3.5%）
好时公司是总部位于美国宾夕法尼亚州好时镇的跨国糖果企业，也是全球最大的巧克力生产商之一，由米尔顿·S·好时于1894年创立。公司除核心巧克力产品外，还生产饼干、蛋糕等烘焙食品，同时销售奶昔等多类饮品，产品覆盖多个食品品类。
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。
HSY vs MAS — 直观对比
营收规模更大
HSY
是对方的1.7倍
$1.8B
营收增速更快
HSY
高出12.6%
-1.9%
净利率更高
HSY
高出4.8%
9.2%
两年增速更快
HSY
近两年复合增速
-3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $1.8B |
| 净利润 | $435.1M | $165.0M |
| 毛利率 | 39.4% | 33.9% |
| 营业利润率 | 20.6% | 13.8% |
| 净利率 | 14.0% | 9.2% |
| 营收同比 | 10.6% | -1.9% |
| 净利润同比 | — | -9.3% |
| 每股收益（稀释后） | — | $0.81 |
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HSYMAS
| Q1 26 | $3.1B | — | ||
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.2B | $1.9B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.8B | $1.8B | ||
| Q4 24 | $2.9B | $1.8B | ||
| Q3 24 | $3.0B | $2.0B | ||
| Q2 24 | $2.1B | $2.1B |
净利润HSYMAS
| Q1 26 | $435.1M | — | ||
| Q4 25 | $320.0M | $165.0M | ||
| Q3 25 | $276.3M | $189.0M | ||
| Q2 25 | $62.7M | $270.0M | ||
| Q1 25 | $224.2M | $186.0M | ||
| Q4 24 | $796.6M | $182.0M | ||
| Q3 24 | $446.3M | $167.0M | ||
| Q2 24 | $180.9M | $258.0M |
毛利率HSYMAS
| Q1 26 | 39.4% | — | ||
| Q4 25 | 37.0% | 33.9% | ||
| Q3 25 | 32.6% | 34.2% | ||
| Q2 25 | 30.5% | 37.6% | ||
| Q1 25 | 33.7% | 35.8% | ||
| Q4 24 | 54.0% | 34.8% | ||
| Q3 24 | 41.3% | 36.6% | ||
| Q2 24 | 40.2% | 37.5% |
营业利润率HSYMAS
| Q1 26 | 20.6% | — | ||
| Q4 25 | 14.4% | 13.8% | ||
| Q3 25 | 13.7% | 15.8% | ||
| Q2 25 | 7.4% | 20.1% | ||
| Q1 25 | 13.2% | 15.9% | ||
| Q4 24 | 32.5% | 15.9% | ||
| Q3 24 | 20.5% | 18.0% | ||
| Q2 24 | 13.9% | 19.0% |
净利率HSYMAS
| Q1 26 | 14.0% | — | ||
| Q4 25 | 10.4% | 9.2% | ||
| Q3 25 | 8.7% | 9.9% | ||
| Q2 25 | 2.4% | 13.2% | ||
| Q1 25 | 8.0% | 10.3% | ||
| Q4 24 | 27.6% | 10.0% | ||
| Q3 24 | 14.9% | 8.4% | ||
| Q2 24 | 8.7% | 12.3% |
每股收益（稀释后）HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | — | $0.81 | ||
| Q3 25 | — | $0.90 | ||
| Q2 25 | — | $1.28 | ||
| Q1 25 | — | $0.87 | ||
| Q4 24 | — | $0.85 | ||
| Q3 24 | — | $0.77 | ||
| Q2 24 | — | $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 | $877.0M | $647.0M |
| 总债务越低越好 | $4.9B | $2.9B |
| 股东权益账面价值 | $4.7B | $-185.0M |
| 总资产 | $13.8B | $5.2B |
| 负债/权益比越低杠杆越低 | 1.03× | — |
8季度趋势，按日历期对齐
现金及短期投资HSYMAS
| Q1 26 | $877.0M | — | ||
| 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HSYMAS
| Q1 26 | $4.9B | — | ||
| Q4 25 | $4.7B | $2.9B | ||
| Q3 25 | $4.7B | — | ||
| Q2 25 | $5.2B | — | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | $3.2B | $2.9B | ||
| Q3 24 | $3.2B | — | ||
| Q2 24 | $3.5B | — |
股东权益HSYMAS
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.6B | $-185.0M | ||
| Q3 25 | $4.6B | $-78.0M | ||
| Q2 25 | $4.5B | $-84.0M | ||
| Q1 25 | $4.7B | $-254.0M | ||
| Q4 24 | $4.7B | $-279.0M | ||
| Q3 24 | $4.2B | $-88.0M | ||
| Q2 24 | $4.0B | $-26.0M |
总资产HSYMAS
| Q1 26 | $13.8B | — | ||
| Q4 25 | $13.7B | $5.2B | ||
| Q3 25 | $13.6B | $5.3B | ||
| Q2 25 | $13.6B | $5.3B | ||
| Q1 25 | $14.0B | $5.1B | ||
| Q4 24 | $12.9B | $5.0B | ||
| Q3 24 | $12.6B | $5.3B | ||
| Q2 24 | $12.4B | $5.4B |
负债/权益比HSYMAS
| Q1 26 | 1.03× | — | ||
| Q4 25 | 1.01× | — | ||
| Q3 25 | 1.02× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 1.11× | — | ||
| Q4 24 | 0.68× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.87× | — |
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 | — | $418.0M |
| 自由现金流经营现金流 - 资本支出 | — | $371.0M |
| 自由现金流率自由现金流/营收 | — | 20.7% |
| 资本支出强度资本支出/营收 | — | 2.6% |
| 现金转化率经营现金流/净利润 | — | 2.53× |
| 过去12个月自由现金流最近4个季度 | — | $866.0M |
8季度趋势，按日历期对齐
经营现金流HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | $926.6M | $418.0M | ||
| Q3 25 | $841.9M | $456.0M | ||
| Q2 25 | $112.2M | $306.0M | ||
| Q1 25 | $396.7M | $-158.0M | ||
| Q4 24 | $941.6M | $407.0M | ||
| Q3 24 | $695.3M | $416.0M | ||
| Q2 24 | $325.6M | $346.0M |
自由现金流HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | $788.5M | $371.0M | ||
| Q3 25 | $756.0M | $415.0M | ||
| Q2 25 | $27.1M | $270.0M | ||
| Q1 25 | $251.2M | $-190.0M | ||
| Q4 24 | $807.1M | $351.0M | ||
| Q3 24 | $567.3M | $378.0M | ||
| Q2 24 | $195.5M | $303.0M |
自由现金流率HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | 25.5% | 20.7% | ||
| Q3 25 | 23.8% | 21.6% | ||
| Q2 25 | 1.0% | 13.2% | ||
| Q1 25 | 9.0% | -10.5% | ||
| Q4 24 | 28.0% | 19.2% | ||
| Q3 24 | 19.0% | 19.1% | ||
| Q2 24 | 9.4% | 14.5% |
资本支出强度HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | 4.5% | 2.6% | ||
| Q3 25 | 2.7% | 2.1% | ||
| Q2 25 | 3.3% | 1.8% | ||
| Q1 25 | 5.2% | 1.8% | ||
| Q4 24 | 4.7% | 3.1% | ||
| Q3 24 | 4.3% | 1.9% | ||
| Q2 24 | 6.3% | 2.1% |
现金转化率HSYMAS
| Q1 26 | — | — | ||
| Q4 25 | 2.90× | 2.53× | ||
| Q3 25 | 3.05× | 2.41× | ||
| Q2 25 | 1.79× | 1.13× | ||
| Q1 25 | 1.77× | -0.85× | ||
| Q4 24 | 1.18× | 2.24× | ||
| Q3 24 | 1.56× | 2.49× | ||
| Q2 24 | 1.80× | 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
HSY
暂无分部数据
MAS
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
