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Masco（MAS）与Realty Income（O）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Realty Income的1.3倍（$1.9B vs $1.5B），Realty Income净利率更高（19.9% vs 11.9%，领先8.0%），Realty Income同比增速更快（11.0% vs 6.5%），过去两年Realty Income的营收复合增速更高（8.6% 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。
Realty Income是一家房地产投资信托企业，投资范围覆盖美国、英国及欧洲其他六个国家的独立单租户商业地产，旗下物业普遍采用三重净租约模式。公司注册地为美国马里兰州，总部位于加利福尼亚州圣迭戈市。
MAS vs O — 直观对比
营收规模更大
MAS
是对方的1.3倍
$1.5B
营收增速更快
O
高出4.5%
6.5%
净利率更高
O
高出8.0%
11.9%
两年增速更快
O
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.5B |
| 净利润 | $228.0M | $296.1M |
| 毛利率 | 35.8% | — |
| 营业利润率 | 16.5% | 21.7% |
| 净利率 | 11.9% | 19.9% |
| 营收同比 | 6.5% | 11.0% |
| 净利润同比 | 14.5% | 48.3% |
| 每股收益（稀释后） | — | $0.32 |
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MASO
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.8B | $1.3B | ||
| Q3 24 | $2.0B | $1.3B | ||
| Q2 24 | $2.1B | $1.3B |
净利润MASO
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $296.1M | ||
| Q3 25 | $189.0M | $315.8M | ||
| Q2 25 | $270.0M | $196.9M | ||
| Q1 25 | $186.0M | $249.8M | ||
| Q4 24 | $182.0M | $199.6M | ||
| Q3 24 | $167.0M | $269.5M | ||
| Q2 24 | $258.0M | $259.4M |
毛利率MASO
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | — | ||
| Q3 25 | 34.2% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | 35.8% | — | ||
| Q4 24 | 34.8% | — | ||
| Q3 24 | 36.6% | — | ||
| Q2 24 | 37.5% | — |
营业利润率MASO
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 21.7% | ||
| Q3 25 | 15.8% | 23.2% | ||
| Q2 25 | 20.1% | 15.8% | ||
| Q1 25 | 15.9% | 19.3% | ||
| Q4 24 | 15.9% | 16.5% | ||
| Q3 24 | 18.0% | 21.5% | ||
| Q2 24 | 19.0% | 20.7% |
净利率MASO
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 19.9% | ||
| Q3 25 | 9.9% | 21.5% | ||
| Q2 25 | 13.2% | 14.0% | ||
| Q1 25 | 10.3% | 18.1% | ||
| Q4 24 | 10.0% | 14.9% | ||
| Q3 24 | 8.4% | 20.2% | ||
| Q2 24 | 12.3% | 19.4% |
每股收益（稀释后）MASO
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $0.32 | ||
| Q3 25 | $0.90 | $0.35 | ||
| Q2 25 | $1.28 | $0.22 | ||
| Q1 25 | $0.87 | $0.28 | ||
| Q4 24 | $0.85 | $0.23 | ||
| Q3 24 | $0.77 | $0.30 | ||
| Q2 24 | $1.17 | $0.29 |
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 | — | $434.8M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $27.0M | $39.4B |
| 总资产 | $5.2B | $72.8B |
| 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MASO
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $434.8M | ||
| Q3 25 | $559.0M | $417.2M | ||
| Q2 25 | $390.0M | $800.4M | ||
| Q1 25 | $377.0M | $319.0M | ||
| Q4 24 | $634.0M | $445.0M | ||
| Q3 24 | $646.0M | $397.0M | ||
| Q2 24 | $398.0M | $442.8M |
总债务MASO
| 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MASO
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $39.4B | ||
| Q3 25 | $-78.0M | $39.1B | ||
| Q2 25 | $-84.0M | $39.2B | ||
| Q1 25 | $-254.0M | $39.0B | ||
| Q4 24 | $-279.0M | $38.8B | ||
| Q3 24 | $-88.0M | $38.5B | ||
| Q2 24 | $-26.0M | $38.6B |
总资产MASO
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $72.8B | ||
| Q3 25 | $5.3B | $71.3B | ||
| Q2 25 | $5.3B | $71.4B | ||
| Q1 25 | $5.1B | $69.8B | ||
| Q4 24 | $5.0B | $68.8B | ||
| Q3 24 | $5.3B | $68.5B | ||
| Q2 24 | $5.4B | $68.1B |
负债/权益比MASO
| 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 | — | $1.2B |
| 自由现金流经营现金流 - 资本支出 | — | $1.2B |
| 自由现金流率自由现金流/营收 | — | 77.6% |
| 资本支出强度资本支出/营收 | 1.8% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 4.06× |
| 过去12个月自由现金流最近4个季度 | — | $3.9B |
8季度趋势，按日历期对齐
经营现金流MASO
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $1.2B | ||
| Q3 25 | $456.0M | $943.1M | ||
| Q2 25 | $306.0M | $1.1B | ||
| Q1 25 | $-158.0M | $787.5M | ||
| Q4 24 | $407.0M | $972.0M | ||
| Q3 24 | $416.0M | $841.5M | ||
| Q2 24 | $346.0M | $981.2M |
自由现金流MASO
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $1.2B | ||
| Q3 25 | $415.0M | $909.9M | ||
| Q2 25 | $270.0M | $1.0B | ||
| Q1 25 | $-190.0M | $764.6M | ||
| Q4 24 | $351.0M | $935.8M | ||
| Q3 24 | $378.0M | $807.9M | ||
| Q2 24 | $303.0M | $939.2M |
自由现金流率MASO
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 77.6% | ||
| Q3 25 | 21.6% | 61.9% | ||
| Q2 25 | 13.2% | 73.3% | ||
| Q1 25 | -10.5% | 55.4% | ||
| Q4 24 | 19.2% | 69.8% | ||
| Q3 24 | 19.1% | 60.7% | ||
| Q2 24 | 14.5% | 70.1% |
资本支出强度MASO
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 3.3% | ||
| Q3 25 | 2.1% | 2.3% | ||
| Q2 25 | 1.8% | 1.9% | ||
| Q1 25 | 1.8% | 1.7% | ||
| Q4 24 | 3.1% | 2.7% | ||
| Q3 24 | 1.9% | 2.5% | ||
| Q2 24 | 2.1% | 3.1% |
现金转化率MASO
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 4.06× | ||
| Q3 25 | 2.41× | 2.99× | ||
| Q2 25 | 1.13× | 5.39× | ||
| Q1 25 | -0.85× | 3.15× | ||
| Q4 24 | 2.24× | 4.87× | ||
| Q3 24 | 2.49× | 3.12× | ||
| Q2 24 | 1.34× | 3.78× |
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
O
| Product And Service Retail | $900.8M | 61% |
| Other | $531.5M | 36% |
