vs
Masco（MAS）与拉夫劳伦（RL）财务数据对比。点击上方公司名可切换其他公司
拉夫劳伦的季度营收约是Masco的1.3倍（$2.4B vs $1.9B），拉夫劳伦净利率更高（15.0% vs 11.9%，领先3.1%），拉夫劳伦同比增速更快（12.2% vs 6.5%），过去两年拉夫劳伦的营收复合增速更高（23.9% 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。
拉夫劳伦是源自美国的跨国时尚巨头，旗下同名高端时尚品牌风靡全球，企业规模达数十亿美元。品牌创始人拉夫劳伦于2015年9月卸任首席执行官，仍留任执行董事长兼首席创意官，主导品牌创意与整体发展方向。
MAS vs RL — 直观对比
营收规模更大
RL
是对方的1.3倍
$1.9B
营收增速更快
RL
高出5.7%
6.5%
净利率更高
RL
高出3.1%
11.9%
两年增速更快
RL
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.4B |
| 净利润 | $228.0M | $361.6M |
| 毛利率 | 35.8% | 69.9% |
| 营业利润率 | 16.5% | 19.6% |
| 净利率 | 11.9% | 15.0% |
| 营收同比 | 6.5% | 12.2% |
| 净利润同比 | 14.5% | 21.6% |
| 每股收益（稀释后） | — | $5.82 |
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MASRL
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | $1.9B | $2.0B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $1.8B | $1.7B | ||
| Q4 24 | $1.8B | $2.1B | ||
| Q3 24 | $2.0B | $1.7B | ||
| Q2 24 | $2.1B | $1.5B |
净利润MASRL
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $361.6M | ||
| Q3 25 | $189.0M | $207.5M | ||
| Q2 25 | $270.0M | $220.4M | ||
| Q1 25 | $186.0M | $129.0M | ||
| Q4 24 | $182.0M | $297.4M | ||
| Q3 24 | $167.0M | $147.9M | ||
| Q2 24 | $258.0M | $168.6M |
毛利率MASRL
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 69.9% | ||
| Q3 25 | 34.2% | 68.0% | ||
| Q2 25 | 37.6% | 72.3% | ||
| Q1 25 | 35.8% | 68.7% | ||
| Q4 24 | 34.8% | 68.4% | ||
| Q3 24 | 36.6% | 67.0% | ||
| Q2 24 | 37.5% | 70.5% |
营业利润率MASRL
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 19.6% | ||
| Q3 25 | 15.8% | 12.2% | ||
| Q2 25 | 20.1% | 15.9% | ||
| Q1 25 | 15.9% | 9.1% | ||
| Q4 24 | 15.9% | 18.2% | ||
| Q3 24 | 18.0% | 10.4% | ||
| Q2 24 | 19.0% | 13.8% |
净利率MASRL
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 15.0% | ||
| Q3 25 | 9.9% | 10.3% | ||
| Q2 25 | 13.2% | 12.8% | ||
| Q1 25 | 10.3% | 7.6% | ||
| Q4 24 | 10.0% | 13.9% | ||
| Q3 24 | 8.4% | 8.6% | ||
| Q2 24 | 12.3% | 11.1% |
每股收益（稀释后）MASRL
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $5.82 | ||
| Q3 25 | $0.90 | $3.32 | ||
| Q2 25 | $1.28 | $3.52 | ||
| Q1 25 | $0.87 | $2.03 | ||
| Q4 24 | $0.85 | $4.66 | ||
| Q3 24 | $0.77 | $2.31 | ||
| Q2 24 | $1.17 | $2.61 |
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 | — | $2.3B |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $27.0M | $2.9B |
| 总资产 | $5.2B | $7.8B |
| 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MASRL
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $2.3B | ||
| Q3 25 | $559.0M | $1.6B | ||
| Q2 25 | $390.0M | $2.3B | ||
| Q1 25 | $377.0M | $2.1B | ||
| Q4 24 | $634.0M | $2.1B | ||
| Q3 24 | $646.0M | $1.7B | ||
| Q2 24 | $398.0M | $1.8B |
总债务MASRL
| 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MASRL
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $2.9B | ||
| Q3 25 | $-78.0M | $2.6B | ||
| Q2 25 | $-84.0M | $2.5B | ||
| Q1 25 | $-254.0M | $2.6B | ||
| Q4 24 | $-279.0M | $2.5B | ||
| Q3 24 | $-88.0M | $2.4B | ||
| Q2 24 | $-26.0M | $2.4B |
总资产MASRL
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $7.8B | ||
| Q3 25 | $5.3B | $7.3B | ||
| Q2 25 | $5.3B | $7.8B | ||
| Q1 25 | $5.1B | $7.0B | ||
| Q4 24 | $5.0B | $7.1B | ||
| Q3 24 | $5.3B | $6.8B | ||
| Q2 24 | $5.4B | $6.6B |
负债/权益比MASRL
| 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 | — | $779.6M |
| 自由现金流经营现金流 - 资本支出 | — | $704.0M |
| 自由现金流率自由现金流/营收 | — | 29.3% |
| 资本支出强度资本支出/营收 | 1.8% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 过去12个月自由现金流最近4个季度 | — | $694.5M |
8季度趋势，按日历期对齐
经营现金流MASRL
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $779.6M | ||
| Q3 25 | $456.0M | $53.2M | ||
| Q2 25 | $306.0M | $176.1M | ||
| Q1 25 | $-158.0M | $122.2M | ||
| Q4 24 | $407.0M | $738.4M | ||
| Q3 24 | $416.0M | $97.2M | ||
| Q2 24 | $346.0M | $277.3M |
自由现金流MASRL
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $704.0M | ||
| Q3 25 | $415.0M | $-40.6M | ||
| Q2 25 | $270.0M | $-11.2M | ||
| Q1 25 | $-190.0M | $42.3M | ||
| Q4 24 | $351.0M | $677.2M | ||
| Q3 24 | $378.0M | $55.5M | ||
| Q2 24 | $303.0M | $243.9M |
自由现金流率MASRL
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 29.3% | ||
| Q3 25 | 21.6% | -2.0% | ||
| Q2 25 | 13.2% | -0.7% | ||
| Q1 25 | -10.5% | 2.5% | ||
| Q4 24 | 19.2% | 31.6% | ||
| Q3 24 | 19.1% | 3.2% | ||
| Q2 24 | 14.5% | 16.1% |
资本支出强度MASRL
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 3.1% | ||
| Q3 25 | 2.1% | 4.7% | ||
| Q2 25 | 1.8% | 10.9% | ||
| Q1 25 | 1.8% | 4.7% | ||
| Q4 24 | 3.1% | 2.9% | ||
| Q3 24 | 1.9% | 2.4% | ||
| Q2 24 | 2.1% | 2.2% |
现金转化率MASRL
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 2.16× | ||
| Q3 25 | 2.41× | 0.26× | ||
| Q2 25 | 1.13× | 0.80× | ||
| Q1 25 | -0.85× | 0.95× | ||
| Q4 24 | 2.24× | 2.48× | ||
| Q3 24 | 2.49× | 0.66× | ||
| Q2 24 | 1.34× | 1.64× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
