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Masco（MAS）与Martin Marietta Materials（MLM）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Martin Marietta Materials的1.7倍（$1.9B vs $1.1B），Martin Marietta Materials净利率更高（24.5% vs 11.9%，领先12.6%），Masco同比增速更快（6.5% vs -30.1%），过去两年Masco的营收复合增速更高（-4.2% vs -4.5%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
MAS vs MLM — 直观对比
营收规模更大
MAS
是对方的1.7倍
$1.1B
营收增速更快
MAS
高出36.6%
-30.1%
净利率更高
MLM
高出12.6%
11.9%
两年增速更快
MAS
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.1B |
| 净利润 | $228.0M | $279.0M |
| 毛利率 | 35.8% | 35.0% |
| 营业利润率 | 16.5% | 24.6% |
| 净利率 | 11.9% | 24.5% |
| 营收同比 | 6.5% | -30.1% |
| 净利润同比 | 14.5% | -4.8% |
| 每股收益（稀释后） | — | $4.59 |
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MASMLM
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.9B | $1.8B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.6B | ||
| Q3 24 | $2.0B | $1.9B | ||
| Q2 24 | $2.1B | $1.8B |
净利润MASMLM
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $279.0M | ||
| Q3 25 | $189.0M | $414.0M | ||
| Q2 25 | $270.0M | $328.0M | ||
| Q1 25 | $186.0M | $116.0M | ||
| Q4 24 | $182.0M | $293.0M | ||
| Q3 24 | $167.0M | $363.0M | ||
| Q2 24 | $258.0M | $294.0M |
毛利率MASMLM
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 35.0% | ||
| Q3 25 | 34.2% | 33.1% | ||
| Q2 25 | 37.6% | 30.0% | ||
| Q1 25 | 35.8% | 24.8% | ||
| Q4 24 | 34.8% | 30.0% | ||
| Q3 24 | 36.6% | 31.7% | ||
| Q2 24 | 37.5% | 29.3% |
营业利润率MASMLM
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 24.6% | ||
| Q3 25 | 15.8% | 27.4% | ||
| Q2 25 | 20.1% | 25.3% | ||
| Q1 25 | 15.9% | 14.3% | ||
| Q4 24 | 15.9% | 24.4% | ||
| Q3 24 | 18.0% | 25.9% | ||
| Q2 24 | 19.0% | 22.6% |
净利率MASMLM
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 24.5% | ||
| Q3 25 | 9.9% | 22.4% | ||
| Q2 25 | 13.2% | 18.1% | ||
| Q1 25 | 10.3% | 8.6% | ||
| Q4 24 | 10.0% | 18.0% | ||
| Q3 24 | 8.4% | 19.2% | ||
| Q2 24 | 12.3% | 16.7% |
每股收益（稀释后）MASMLM
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $4.59 | ||
| Q3 25 | $0.90 | $6.85 | ||
| Q2 25 | $1.28 | $5.43 | ||
| Q1 25 | $0.87 | $1.90 | ||
| Q4 24 | $0.85 | $4.87 | ||
| Q3 24 | $0.77 | $5.91 | ||
| Q2 24 | $1.17 | $4.76 |
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 | — | $67.0M |
| 总债务越低越好 | $2.9B | $5.3B |
| 股东权益账面价值 | $27.0M | $10.0B |
| 总资产 | $5.2B | $18.7B |
| 负债/权益比越低杠杆越低 | 109.07× | 0.53× |
8季度趋势，按日历期对齐
现金及短期投资MASMLM
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $67.0M | ||
| Q3 25 | $559.0M | $57.0M | ||
| Q2 25 | $390.0M | $225.0M | ||
| Q1 25 | $377.0M | $101.0M | ||
| Q4 24 | $634.0M | $670.0M | ||
| Q3 24 | $646.0M | $52.0M | ||
| Q2 24 | $398.0M | $109.0M |
总债务MASMLM
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | $2.9B | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.3B |
股东权益MASMLM
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $10.0B | ||
| Q3 25 | $-78.0M | $9.7B | ||
| Q2 25 | $-84.0M | $9.4B | ||
| Q1 25 | $-254.0M | $9.1B | ||
| Q4 24 | $-279.0M | $9.5B | ||
| Q3 24 | $-88.0M | $9.2B | ||
| Q2 24 | $-26.0M | $8.8B |
总资产MASMLM
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $18.7B | ||
| Q3 25 | $5.3B | $18.7B | ||
| Q2 25 | $5.3B | $18.1B | ||
| Q1 25 | $5.1B | $17.7B | ||
| Q4 24 | $5.0B | $18.2B | ||
| Q3 24 | $5.3B | $16.5B | ||
| Q2 24 | $5.4B | $16.3B |
负债/权益比MASMLM
| Q1 26 | 109.07× | — | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× |
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 | — | $629.0M |
| 自由现金流经营现金流 - 资本支出 | — | $424.0M |
| 自由现金流率自由现金流/营收 | — | 37.2% |
| 资本支出强度资本支出/营收 | 1.8% | 18.0% |
| 现金转化率经营现金流/净利润 | — | 2.25× |
| 过去12个月自由现金流最近4个季度 | — | $978.0M |
8季度趋势，按日历期对齐
经营现金流MASMLM
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $629.0M | ||
| Q3 25 | $456.0M | $551.0M | ||
| Q2 25 | $306.0M | $387.0M | ||
| Q1 25 | $-158.0M | $218.0M | ||
| Q4 24 | $407.0M | $686.0M | ||
| Q3 24 | $416.0M | $600.0M | ||
| Q2 24 | $346.0M | $1.0M |
自由现金流MASMLM
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $424.0M | ||
| Q3 25 | $415.0M | $361.0M | ||
| Q2 25 | $270.0M | $208.0M | ||
| Q1 25 | $-190.0M | $-15.0M | ||
| Q4 24 | $351.0M | $453.0M | ||
| Q3 24 | $378.0M | $317.0M | ||
| Q2 24 | $303.0M | $-138.0M |
自由现金流率MASMLM
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 37.2% | ||
| Q3 25 | 21.6% | 19.6% | ||
| Q2 25 | 13.2% | 11.5% | ||
| Q1 25 | -10.5% | -1.1% | ||
| Q4 24 | 19.2% | 27.8% | ||
| Q3 24 | 19.1% | 16.8% | ||
| Q2 24 | 14.5% | -7.8% |
资本支出强度MASMLM
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 18.0% | ||
| Q3 25 | 2.1% | 10.3% | ||
| Q2 25 | 1.8% | 9.9% | ||
| Q1 25 | 1.8% | 17.2% | ||
| Q4 24 | 3.1% | 14.3% | ||
| Q3 24 | 1.9% | 15.0% | ||
| Q2 24 | 2.1% | 7.9% |
现金转化率MASMLM
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 2.25× | ||
| Q3 25 | 2.41× | 1.33× | ||
| Q2 25 | 1.13× | 1.18× | ||
| Q1 25 | -0.85× | 1.88× | ||
| Q4 24 | 2.24× | 2.34× | ||
| Q3 24 | 2.49× | 1.65× | ||
| Q2 24 | 1.34× | 0.00× |
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
暂无分部数据
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
