vs
Masco（MAS）与MSC INDUSTRIAL DIRECT CO INC（MSM）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MSC INDUSTRIAL DIRECT CO INC的2.0倍（$1.9B vs $965.7M），Masco净利率更高（11.9% vs 5.4%，领先6.5%），Masco同比增速更快（6.5% vs 4.0%），过去两年MSC INDUSTRIAL DIRECT CO INC的营收复合增速更高（-3.4% vs -4.2%）
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。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
MAS vs MSM — 直观对比
营收规模更大
MAS
是对方的2.0倍
$965.7M
营收增速更快
MAS
高出2.5%
4.0%
净利率更高
MAS
高出6.5%
5.4%
两年增速更快
MSM
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $965.7M |
| 净利润 | $228.0M | $51.8M |
| 毛利率 | 35.8% | 40.7% |
| 营业利润率 | 16.5% | 7.9% |
| 净利率 | 11.9% | 5.4% |
| 营收同比 | 6.5% | 4.0% |
| 净利润同比 | 14.5% | 11.1% |
| 每股收益（稀释后） | — | $0.93 |
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MASMSM
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $965.7M | ||
| Q3 25 | $1.9B | $978.2M | ||
| Q2 25 | $2.1B | $971.1M | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $1.8B | $928.5M | ||
| Q3 24 | $2.0B | — | ||
| Q2 24 | $2.1B | $979.4M |
净利润MASMSM
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $51.8M | ||
| Q3 25 | $189.0M | $56.5M | ||
| Q2 25 | $270.0M | $56.8M | ||
| Q1 25 | $186.0M | — | ||
| Q4 24 | $182.0M | $46.6M | ||
| Q3 24 | $167.0M | — | ||
| Q2 24 | $258.0M | $71.7M |
毛利率MASMSM
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 40.7% | ||
| Q3 25 | 34.2% | 40.4% | ||
| Q2 25 | 37.6% | 41.0% | ||
| Q1 25 | 35.8% | — | ||
| Q4 24 | 34.8% | 40.7% | ||
| Q3 24 | 36.6% | — | ||
| Q2 24 | 37.5% | 40.9% |
营业利润率MASMSM
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 7.9% | ||
| Q3 25 | 15.8% | 8.6% | ||
| Q2 25 | 20.1% | 8.5% | ||
| Q1 25 | 15.9% | — | ||
| Q4 24 | 15.9% | 7.8% | ||
| Q3 24 | 18.0% | — | ||
| Q2 24 | 19.0% | 10.9% |
净利率MASMSM
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 5.4% | ||
| Q3 25 | 9.9% | 5.8% | ||
| Q2 25 | 13.2% | 5.9% | ||
| Q1 25 | 10.3% | — | ||
| Q4 24 | 10.0% | 5.0% | ||
| Q3 24 | 8.4% | — | ||
| Q2 24 | 12.3% | 7.3% |
每股收益（稀释后）MASMSM
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $0.93 | ||
| Q3 25 | $0.90 | $1.02 | ||
| Q2 25 | $1.28 | $1.02 | ||
| Q1 25 | $0.87 | — | ||
| Q4 24 | $0.85 | $0.83 | ||
| Q3 24 | $0.77 | — | ||
| Q2 24 | $1.17 | $1.27 |
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 | — | $40.3M |
| 总债务越低越好 | $2.9B | $214.1M |
| 股东权益账面价值 | $27.0M | $1.4B |
| 总资产 | $5.2B | $2.5B |
| 负债/权益比越低杠杆越低 | 109.07× | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资MASMSM
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $40.3M | ||
| Q3 25 | $559.0M | $56.2M | ||
| Q2 25 | $390.0M | $71.7M | ||
| Q1 25 | $377.0M | — | ||
| Q4 24 | $634.0M | $57.3M | ||
| Q3 24 | $646.0M | — | ||
| Q2 24 | $398.0M | $25.9M |
总债务MASMSM
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $214.1M | ||
| Q3 25 | — | $168.8M | ||
| Q2 25 | — | $285.0M | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.9B | $289.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $299.8M |
股东权益MASMSM
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $1.4B | ||
| Q3 25 | $-78.0M | $1.4B | ||
| Q2 25 | $-84.0M | $1.4B | ||
| Q1 25 | $-254.0M | — | ||
| Q4 24 | $-279.0M | $1.4B | ||
| Q3 24 | $-88.0M | — | ||
| Q2 24 | $-26.0M | $1.4B |
总资产MASMSM
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $2.5B | ||
| Q3 25 | $5.3B | $2.5B | ||
| Q2 25 | $5.3B | $2.5B | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.0B | $2.5B | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.4B | $2.5B |
负债/权益比MASMSM
| Q1 26 | 109.07× | — | ||
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.21× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.21× |
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 | — | $29.4M |
| 自由现金流经营现金流 - 资本支出 | — | $7.4M |
| 自由现金流率自由现金流/营收 | — | 0.8% |
| 资本支出强度资本支出/营收 | 1.8% | 2.3% |
| 现金转化率经营现金流/净利润 | — | 0.57× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MASMSM
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $29.4M | ||
| Q3 25 | $456.0M | — | ||
| Q2 25 | $306.0M | $151.6M | ||
| Q1 25 | $-158.0M | — | ||
| Q4 24 | $407.0M | $101.9M | ||
| Q3 24 | $416.0M | — | ||
| Q2 24 | $346.0M | $143.5M |
自由现金流MASMSM
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $7.4M | ||
| Q3 25 | $415.0M | — | ||
| Q2 25 | $270.0M | $100.7M | ||
| Q1 25 | $-190.0M | — | ||
| Q4 24 | $351.0M | $81.7M | ||
| Q3 24 | $378.0M | — | ||
| Q2 24 | $303.0M | $114.0M |
自由现金流率MASMSM
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 0.8% | ||
| Q3 25 | 21.6% | — | ||
| Q2 25 | 13.2% | 10.4% | ||
| Q1 25 | -10.5% | — | ||
| Q4 24 | 19.2% | 8.8% | ||
| Q3 24 | 19.1% | — | ||
| Q2 24 | 14.5% | 11.6% |
资本支出强度MASMSM
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 2.3% | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 1.8% | 5.2% | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 3.1% | 2.2% | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 2.1% | 3.0% |
现金转化率MASMSM
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 0.57× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.13× | 2.67× | ||
| Q1 25 | -0.85× | — | ||
| Q4 24 | 2.24× | 2.18× | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.34× | 2.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
