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Masco（MAS）与PPL Corporation（PPL）财务数据对比。点击上方公司名可切换其他公司
PPL Corporation的季度营收约是Masco的1.2倍（$2.3B vs $1.9B），Masco净利率更高（11.9% vs 11.3%，领先0.6%），PPL Corporation同比增速更快（7.2% vs 6.5%），过去两年PPL Corporation的营收复合增速更高（1.0% 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。
PPL公司是总部位于美国宾夕法尼亚州的能源公用事业控股企业，为宾州、肯塔基州、罗德岛州约350万居民及工商业用户提供电力与天然气供应服务，核心业务方向包括电网现代化升级、清洁能源转型、高可靠性可持续能源服务供给。
MAS vs PPL — 直观对比
营收规模更大
PPL
是对方的1.2倍
$1.9B
营收增速更快
PPL
高出0.7%
6.5%
净利率更高
MAS
高出0.6%
11.3%
两年增速更快
PPL
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.3B |
| 净利润 | $228.0M | $266.0M |
| 毛利率 | 35.8% | — |
| 营业利润率 | 16.5% | 20.3% |
| 净利率 | 11.9% | 11.3% |
| 营收同比 | 6.5% | 7.2% |
| 净利润同比 | 14.5% | 50.3% |
| 每股收益（稀释后） | — | $0.35 |
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MASPPL
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.9B | $2.2B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $1.8B | $2.5B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $2.0B | $2.1B | ||
| Q2 24 | $2.1B | $1.9B |
净利润MASPPL
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $266.0M | ||
| Q3 25 | $189.0M | $318.0M | ||
| Q2 25 | $270.0M | $183.0M | ||
| Q1 25 | $186.0M | $414.0M | ||
| Q4 24 | $182.0M | $177.0M | ||
| Q3 24 | $167.0M | $214.0M | ||
| Q2 24 | $258.0M | $190.0M |
毛利率MASPPL
| 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MASPPL
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 20.3% | ||
| Q3 25 | 15.8% | 25.4% | ||
| Q2 25 | 20.1% | 19.9% | ||
| Q1 25 | 15.9% | 26.6% | ||
| Q4 24 | 15.9% | 17.2% | ||
| Q3 24 | 18.0% | 20.6% | ||
| Q2 24 | 19.0% | 20.8% |
净利率MASPPL
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 11.3% | ||
| Q3 25 | 9.9% | 14.2% | ||
| Q2 25 | 13.2% | 9.0% | ||
| Q1 25 | 10.3% | 16.3% | ||
| Q4 24 | 10.0% | 8.1% | ||
| Q3 24 | 8.4% | 10.3% | ||
| Q2 24 | 12.3% | 10.1% |
每股收益（稀释后）MASPPL
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $0.35 | ||
| Q3 25 | $0.90 | $0.43 | ||
| Q2 25 | $1.28 | $0.25 | ||
| Q1 25 | $0.87 | $0.56 | ||
| Q4 24 | $0.85 | $0.23 | ||
| Q3 24 | $0.77 | $0.29 | ||
| Q2 24 | $1.17 | $0.26 |
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 | — | $1.1B |
| 总债务越低越好 | $2.9B | $18.9B |
| 股东权益账面价值 | $27.0M | $14.9B |
| 总资产 | $5.2B | $45.2B |
| 负债/权益比越低杠杆越低 | 109.07× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资MASPPL
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $1.1B | ||
| Q3 25 | $559.0M | $1.1B | ||
| Q2 25 | $390.0M | $294.0M | ||
| Q1 25 | $377.0M | $312.0M | ||
| Q4 24 | $634.0M | $306.0M | ||
| Q3 24 | $646.0M | $542.0M | ||
| Q2 24 | $398.0M | $282.0M |
总债务MASPPL
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $18.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.9B | $16.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益MASPPL
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $14.9B | ||
| Q3 25 | $-78.0M | $14.4B | ||
| Q2 25 | $-84.0M | $14.3B | ||
| Q1 25 | $-254.0M | $14.3B | ||
| Q4 24 | $-279.0M | $14.1B | ||
| Q3 24 | $-88.0M | $14.1B | ||
| Q2 24 | $-26.0M | $14.1B |
总资产MASPPL
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $45.2B | ||
| Q3 25 | $5.3B | $43.9B | ||
| Q2 25 | $5.3B | $42.4B | ||
| Q1 25 | $5.1B | $41.8B | ||
| Q4 24 | $5.0B | $41.1B | ||
| Q3 24 | $5.3B | $40.5B | ||
| Q2 24 | $5.4B | $39.8B |
负债/权益比MASPPL
| Q1 26 | 109.07× | — | ||
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.17× | ||
| 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 | — | $548.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-614.0M |
| 自由现金流率自由现金流/营收 | — | -26.1% |
| 资本支出强度资本支出/营收 | 1.8% | 49.5% |
| 现金转化率经营现金流/净利润 | — | 2.06× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
经营现金流MASPPL
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $548.0M | ||
| Q3 25 | $456.0M | $966.0M | ||
| Q2 25 | $306.0M | $602.0M | ||
| Q1 25 | $-158.0M | $513.0M | ||
| Q4 24 | $407.0M | $511.0M | ||
| Q3 24 | $416.0M | $781.0M | ||
| Q2 24 | $346.0M | $766.0M |
自由现金流MASPPL
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $-614.0M | ||
| Q3 25 | $415.0M | $-179.0M | ||
| Q2 25 | $270.0M | $-328.0M | ||
| Q1 25 | $-190.0M | $-280.0M | ||
| Q4 24 | $351.0M | $-349.0M | ||
| Q3 24 | $378.0M | $102.0M | ||
| Q2 24 | $303.0M | $96.0M |
自由现金流率MASPPL
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | -26.1% | ||
| Q3 25 | 21.6% | -8.0% | ||
| Q2 25 | 13.2% | -16.1% | ||
| Q1 25 | -10.5% | -11.0% | ||
| Q4 24 | 19.2% | -15.9% | ||
| Q3 24 | 19.1% | 4.9% | ||
| Q2 24 | 14.5% | 5.1% |
资本支出强度MASPPL
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 49.5% | ||
| Q3 25 | 2.1% | 51.2% | ||
| Q2 25 | 1.8% | 45.6% | ||
| Q1 25 | 1.8% | 31.2% | ||
| Q4 24 | 3.1% | 39.3% | ||
| Q3 24 | 1.9% | 32.7% | ||
| Q2 24 | 2.1% | 35.8% |
现金转化率MASPPL
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 2.06× | ||
| Q3 25 | 2.41× | 3.04× | ||
| Q2 25 | 1.13× | 3.29× | ||
| Q1 25 | -0.85× | 1.24× | ||
| Q4 24 | 2.24× | 2.89× | ||
| Q3 24 | 2.49× | 3.65× | ||
| Q2 24 | 1.34× | 4.03× |
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
PPL
| Rhode Island Regulated | $539.0M | 23% |
| Other | $532.0M | 23% |
| Residential | $451.0M | 19% |
| Nonrelated Party | $425.0M | 18% |
| Transmission | $228.0M | 10% |
| Commercial | $117.0M | 5% |
| Wholesale Other | $23.0M | 1% |
| Industrial | $14.0M | 1% |
| Related Party | $13.0M | 1% |
| Wholesale Municipal | $6.0M | 0% |
