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高德纳（IT）与Masco（MAS）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是高德纳的1.1倍（$1.9B vs $1.8B），高德纳净利率更高（13.8% vs 11.9%，领先1.9%），Masco同比增速更快（6.5% vs 2.2%），过去两年高德纳的营收复合增速更高（9.1% vs -4.2%）
高德纳是美国专注于商业与科技领域的研究咨询机构，服务客户覆盖大型企业、政府机构、科技公司、投资机构等群体，通过输出研究报告、举办行业峰会、提供定制咨询等形式，为客户决策提供权威专业的洞见支撑。
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。
IT vs MAS — 直观对比
营收规模更大
MAS
是对方的1.1倍
$1.8B
营收增速更快
MAS
高出4.3%
2.2%
净利率更高
IT
高出1.9%
11.9%
两年增速更快
IT
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.9B |
| 净利润 | $242.2M | $228.0M |
| 毛利率 | 67.8% | 35.8% |
| 营业利润率 | 19.1% | 16.5% |
| 净利率 | 13.8% | 11.9% |
| 营收同比 | 2.2% | 6.5% |
| 净利润同比 | -39.2% | 14.5% |
| 每股收益（稀释后） | $3.36 | — |
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ITMAS
| Q1 26 | — | $1.9B | ||
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.7B | $1.8B | ||
| Q3 24 | $1.5B | $2.0B | ||
| Q2 24 | $1.6B | $2.1B |
净利润ITMAS
| Q1 26 | — | $228.0M | ||
| Q4 25 | $242.2M | $165.0M | ||
| Q3 25 | $35.4M | $189.0M | ||
| Q2 25 | $240.8M | $270.0M | ||
| Q1 25 | $210.9M | $186.0M | ||
| Q4 24 | $398.6M | $182.0M | ||
| Q3 24 | $415.0M | $167.0M | ||
| Q2 24 | $229.5M | $258.0M |
毛利率ITMAS
| Q1 26 | — | 35.8% | ||
| Q4 25 | 67.8% | 33.9% | ||
| Q3 25 | 69.3% | 34.2% | ||
| Q2 25 | 68.6% | 37.6% | ||
| Q1 25 | 69.4% | 35.8% | ||
| Q4 24 | 66.8% | 34.8% | ||
| Q3 24 | 68.4% | 36.6% | ||
| Q2 24 | 68.6% | 37.5% |
营业利润率ITMAS
| Q1 26 | — | 16.5% | ||
| Q4 25 | 19.1% | 13.8% | ||
| Q3 25 | 5.7% | 15.8% | ||
| Q2 25 | 19.4% | 20.1% | ||
| Q1 25 | 18.1% | 15.9% | ||
| Q4 24 | 18.5% | 15.9% | ||
| Q3 24 | 16.6% | 18.0% | ||
| Q2 24 | 20.0% | 19.0% |
净利率ITMAS
| Q1 26 | — | 11.9% | ||
| Q4 25 | 13.8% | 9.2% | ||
| Q3 25 | 2.3% | 9.9% | ||
| Q2 25 | 14.3% | 13.2% | ||
| Q1 25 | 13.7% | 10.3% | ||
| Q4 24 | 23.2% | 10.0% | ||
| Q3 24 | 28.0% | 8.4% | ||
| Q2 24 | 14.4% | 12.3% |
每股收益（稀释后）ITMAS
| Q1 26 | — | — | ||
| Q4 25 | $3.36 | $0.81 | ||
| Q3 25 | $0.47 | $0.90 | ||
| Q2 25 | $3.11 | $1.28 | ||
| Q1 25 | $2.71 | $0.87 | ||
| Q4 24 | $5.08 | $0.85 | ||
| Q3 24 | $5.32 | $0.77 | ||
| Q2 24 | $2.93 | $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 | $1.7B | — |
| 总债务越低越好 | — | $2.9B |
| 股东权益账面价值 | $319.9M | $27.0M |
| 总资产 | $8.1B | $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ITMAS
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $647.0M | ||
| Q3 25 | $1.4B | $559.0M | ||
| Q2 25 | $2.2B | $390.0M | ||
| Q1 25 | $2.1B | $377.0M | ||
| Q4 24 | $1.9B | $634.0M | ||
| Q3 24 | $1.8B | $646.0M | ||
| Q2 24 | $1.2B | $398.0M |
总债务ITMAS
| 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ITMAS
| Q1 26 | — | $27.0M | ||
| Q4 25 | $319.9M | $-185.0M | ||
| Q3 25 | $556.6M | $-78.0M | ||
| Q2 25 | $1.5B | $-84.0M | ||
| Q1 25 | $1.5B | $-254.0M | ||
| Q4 24 | $1.4B | $-279.0M | ||
| Q3 24 | $1.1B | $-88.0M | ||
| Q2 24 | $646.7M | $-26.0M |
总资产ITMAS
| Q1 26 | — | $5.2B | ||
| Q4 25 | $8.1B | $5.2B | ||
| Q3 25 | $7.2B | $5.3B | ||
| Q2 25 | $8.3B | $5.3B | ||
| Q1 25 | $8.5B | $5.1B | ||
| Q4 24 | $8.5B | $5.0B | ||
| Q3 24 | $7.8B | $5.3B | ||
| Q2 24 | $7.4B | $5.4B |
负债/权益比ITMAS
| 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 | $294.5M | — |
| 自由现金流经营现金流 - 资本支出 | $270.7M | — |
| 自由现金流率自由现金流/营收 | 15.4% | — |
| 资本支出强度资本支出/营收 | 1.4% | 1.8% |
| 现金转化率经营现金流/净利润 | 1.22× | — |
| 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ITMAS
| Q1 26 | — | — | ||
| Q4 25 | $294.5M | $418.0M | ||
| Q3 25 | $298.7M | $456.0M | ||
| Q2 25 | $383.6M | $306.0M | ||
| Q1 25 | $313.5M | $-158.0M | ||
| Q4 24 | $335.4M | $407.0M | ||
| Q3 24 | $590.8M | $416.0M | ||
| Q2 24 | $370.0M | $346.0M |
自由现金流ITMAS
| Q1 26 | — | — | ||
| Q4 25 | $270.7M | $371.0M | ||
| Q3 25 | $269.3M | $415.0M | ||
| Q2 25 | $347.3M | $270.0M | ||
| Q1 25 | $287.9M | $-190.0M | ||
| Q4 24 | $311.4M | $351.0M | ||
| Q3 24 | $565.0M | $378.0M | ||
| Q2 24 | $340.6M | $303.0M |
自由现金流率ITMAS
| Q1 26 | — | — | ||
| Q4 25 | 15.4% | 20.7% | ||
| Q3 25 | 17.7% | 21.6% | ||
| Q2 25 | 20.6% | 13.2% | ||
| Q1 25 | 18.8% | -10.5% | ||
| Q4 24 | 18.2% | 19.2% | ||
| Q3 24 | 38.1% | 19.1% | ||
| Q2 24 | 21.4% | 14.5% |
资本支出强度ITMAS
| Q1 26 | — | 1.8% | ||
| Q4 25 | 1.4% | 2.6% | ||
| Q3 25 | 1.9% | 2.1% | ||
| Q2 25 | 2.1% | 1.8% | ||
| Q1 25 | 1.7% | 1.8% | ||
| Q4 24 | 1.4% | 3.1% | ||
| Q3 24 | 1.7% | 1.9% | ||
| Q2 24 | 1.8% | 2.1% |
现金转化率ITMAS
| Q1 26 | — | — | ||
| Q4 25 | 1.22× | 2.53× | ||
| Q3 25 | 8.45× | 2.41× | ||
| Q2 25 | 1.59× | 1.13× | ||
| Q1 25 | 1.49× | -0.85× | ||
| Q4 24 | 0.84× | 2.24× | ||
| Q3 24 | 1.42× | 2.49× | ||
| Q2 24 | 1.61× | 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
IT
| Transferred Over Time | $1.3B | 73% |
| Conferences | $286.2M | 16% |
| Consulting | $133.6M | 8% |
| Other | $52.3M | 3% |
MAS
暂无分部数据
