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Masco（MAS）与味好美（MKC）财务数据对比。点击上方公司名可切换其他公司
味好美的季度营收约是Masco的1.0倍（$1.9B vs $1.8B），味好美净利率更高（12.2% vs 9.2%，领先3.0%），味好美同比增速更快（2.9% vs -1.9%），过去两年味好美的营收复合增速更高（7.5% vs -3.5%）
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。
味好美是美国知名食品企业，专业生产、营销并配送香辛料、复合调味料、调味酱及各类风味产品，客户覆盖零售终端、食品生产商及餐饮服务企业，是全球领先的风味产品供应商。
MAS vs MKC — 直观对比
营收规模更大
MKC
是对方的1.0倍
$1.8B
营收增速更快
MKC
高出4.8%
-1.9%
净利率更高
MKC
高出3.0%
9.2%
两年增速更快
MKC
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.9B |
| 净利润 | $165.0M | $226.6M |
| 毛利率 | 33.9% | 38.9% |
| 营业利润率 | 13.8% | 16.8% |
| 净利率 | 9.2% | 12.2% |
| 营收同比 | -1.9% | 2.9% |
| 净利润同比 | -9.3% | 5.3% |
| 每股收益（稀释后） | $0.81 | $0.84 |
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MASMKC
| Q4 25 | $1.8B | $1.9B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.1B | $1.6B | ||
| Q1 24 | $1.9B | $1.6B |
净利润MASMKC
| Q4 25 | $165.0M | $226.6M | ||
| Q3 25 | $189.0M | $225.5M | ||
| Q2 25 | $270.0M | $175.0M | ||
| Q1 25 | $186.0M | $162.3M | ||
| Q4 24 | $182.0M | $215.2M | ||
| Q3 24 | $167.0M | $223.1M | ||
| Q2 24 | $258.0M | $184.2M | ||
| Q1 24 | $215.0M | $166.0M |
毛利率MASMKC
| Q4 25 | 33.9% | 38.9% | ||
| Q3 25 | 34.2% | 37.4% | ||
| Q2 25 | 37.6% | 37.5% | ||
| Q1 25 | 35.8% | 37.6% | ||
| Q4 24 | 34.8% | 40.2% | ||
| Q3 24 | 36.6% | 38.7% | ||
| Q2 24 | 37.5% | 37.7% | ||
| Q1 24 | 35.6% | 37.4% |
营业利润率MASMKC
| Q4 25 | 13.8% | 16.8% | ||
| Q3 25 | 15.8% | 16.7% | ||
| Q2 25 | 20.1% | 14.8% | ||
| Q1 25 | 15.9% | 14.0% | ||
| Q4 24 | 15.9% | 17.0% | ||
| Q3 24 | 18.0% | 17.1% | ||
| Q2 24 | 19.0% | 14.2% | ||
| Q1 24 | 16.5% | 14.6% |
净利率MASMKC
| Q4 25 | 9.2% | 12.2% | ||
| Q3 25 | 9.9% | 13.1% | ||
| Q2 25 | 13.2% | 10.5% | ||
| Q1 25 | 10.3% | 10.1% | ||
| Q4 24 | 10.0% | 12.0% | ||
| Q3 24 | 8.4% | 13.3% | ||
| Q2 24 | 12.3% | 11.2% | ||
| Q1 24 | 11.2% | 10.4% |
每股收益（稀释后）MASMKC
| Q4 25 | $0.81 | $0.84 | ||
| Q3 25 | $0.90 | $0.84 | ||
| Q2 25 | $1.28 | $0.65 | ||
| Q1 25 | $0.87 | $0.60 | ||
| Q4 24 | $0.85 | $0.79 | ||
| Q3 24 | $0.77 | $0.83 | ||
| Q2 24 | $1.17 | $0.68 | ||
| Q1 24 | $0.97 | $0.62 |
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 | $647.0M | $95.9M |
| 总债务越低越好 | $2.9B | $3.6B |
| 股东权益账面价值 | $-185.0M | $5.7B |
| 总资产 | $5.2B | $13.2B |
| 负债/权益比越低杠杆越低 | — | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资MASMKC
| Q4 25 | $647.0M | $95.9M | ||
| Q3 25 | $559.0M | $94.9M | ||
| Q2 25 | $390.0M | $124.1M | ||
| Q1 25 | $377.0M | $102.8M | ||
| Q4 24 | $634.0M | $186.1M | ||
| Q3 24 | $646.0M | $200.8M | ||
| Q2 24 | $398.0M | $166.3M | ||
| Q1 24 | $368.0M | $178.0M |
总债务MASMKC
| Q4 25 | $2.9B | $3.6B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $3.9B | ||
| Q4 24 | $2.9B | $3.9B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $4.1B | ||
| Q1 24 | — | $4.1B |
股东权益MASMKC
| Q4 25 | $-185.0M | $5.7B | ||
| Q3 25 | $-78.0M | $5.8B | ||
| Q2 25 | $-84.0M | $5.6B | ||
| Q1 25 | $-254.0M | $5.4B | ||
| Q4 24 | $-279.0M | $5.3B | ||
| Q3 24 | $-88.0M | $5.4B | ||
| Q2 24 | $-26.0M | $5.3B | ||
| Q1 24 | $-75.0M | $5.2B |
总资产MASMKC
| Q4 25 | $5.2B | $13.2B | ||
| Q3 25 | $5.3B | $13.2B | ||
| Q2 25 | $5.3B | $13.2B | ||
| Q1 25 | $5.1B | $12.9B | ||
| Q4 24 | $5.0B | $13.1B | ||
| Q3 24 | $5.3B | $13.2B | ||
| Q2 24 | $5.4B | $13.0B | ||
| Q1 24 | $5.3B | $12.9B |
负债/权益比MASMKC
| Q4 25 | — | 0.63× | ||
| Q3 25 | — | 0.67× | ||
| Q2 25 | — | 0.69× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.63× | ||
| Q2 24 | — | 0.77× | ||
| Q1 24 | — | 0.79× |
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 | $542.0M |
| 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× | 2.39× |
| 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MASMKC
| Q4 25 | $418.0M | $542.0M | ||
| Q3 25 | $456.0M | $258.8M | ||
| Q2 25 | $306.0M | $45.9M | ||
| Q1 25 | $-158.0M | $115.5M | ||
| Q4 24 | $407.0M | $458.7M | ||
| Q3 24 | $416.0M | $161.7M | ||
| Q2 24 | $346.0M | $163.1M | ||
| Q1 24 | $-94.0M | $138.4M |
自由现金流MASMKC
| Q4 25 | $371.0M | — | ||
| Q3 25 | $415.0M | $206.1M | ||
| Q2 25 | $270.0M | $-2.4M | ||
| Q1 25 | $-190.0M | $78.4M | ||
| Q4 24 | $351.0M | — | ||
| Q3 24 | $378.0M | $102.7M | ||
| Q2 24 | $303.0M | $94.8M | ||
| Q1 24 | $-125.0M | $76.4M |
自由现金流率MASMKC
| Q4 25 | 20.7% | — | ||
| Q3 25 | 21.6% | 11.9% | ||
| Q2 25 | 13.2% | -0.1% | ||
| Q1 25 | -10.5% | 4.9% | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 19.1% | 6.1% | ||
| Q2 24 | 14.5% | 5.8% | ||
| Q1 24 | -6.5% | 4.8% |
资本支出强度MASMKC
| Q4 25 | 2.6% | — | ||
| Q3 25 | 2.1% | 3.1% | ||
| Q2 25 | 1.8% | 2.9% | ||
| Q1 25 | 1.8% | 2.3% | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 1.9% | 3.5% | ||
| Q2 24 | 2.1% | 4.2% | ||
| Q1 24 | 1.6% | 3.9% |
现金转化率MASMKC
| Q4 25 | 2.53× | 2.39× | ||
| Q3 25 | 2.41× | 1.15× | ||
| Q2 25 | 1.13× | 0.26× | ||
| Q1 25 | -0.85× | 0.71× | ||
| Q4 24 | 2.24× | 2.13× | ||
| Q3 24 | 2.49× | 0.72× | ||
| Q2 24 | 1.34× | 0.89× | ||
| Q1 24 | -0.44× | 0.83× |
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
MAS
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
MKC
| Consumer | $1.1B | 61% |
| Flavor Solutions | $723.1M | 39% |
