vs
Masco（MAS）与SEABOARD CORP（SEB）财务数据对比。点击上方公司名可切换其他公司
SEABOARD CORP的季度营收约是Masco的1.3倍（$2.4B vs $1.9B），Masco净利率更高（11.9% vs 10.6%，领先1.3%），Masco同比增速更快（6.5% vs -2.9%），过去两年SEABOARD CORP的营收复合增速更高（4.9% 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。
Seaboard Corporation是一家多元化跨国农业综合及运输集团，业务覆盖多个垂直整合领域。美国本土核心业务包括生猪养殖加工与远洋运输，海外板块主营大宗商品贸易、谷物加工、食糖生产及发电，总部位于堪萨斯州梅里亚姆。
MAS vs SEB — 直观对比
营收规模更大
SEB
是对方的1.3倍
$1.9B
营收增速更快
MAS
高出9.4%
-2.9%
净利率更高
MAS
高出1.3%
10.6%
两年增速更快
SEB
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.4B |
| 净利润 | $228.0M | $255.0M |
| 毛利率 | 35.8% | 7.9% |
| 营业利润率 | 16.5% | 2.7% |
| 净利率 | 11.9% | 10.6% |
| 营收同比 | 6.5% | -2.9% |
| 净利润同比 | 14.5% | 63.5% |
| 每股收益（稀释后） | — | $262.58 |
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MASSEB
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $2.4B | ||
| Q3 25 | $1.9B | $2.5B | ||
| Q2 25 | $2.1B | $2.5B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.8B | $2.5B | ||
| Q3 24 | $2.0B | $2.2B | ||
| Q2 24 | $2.1B | $2.2B |
净利润MASSEB
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $255.0M | ||
| Q3 25 | $189.0M | $110.0M | ||
| Q2 25 | $270.0M | $104.0M | ||
| Q1 25 | $186.0M | $32.0M | ||
| Q4 24 | $182.0M | $156.0M | ||
| Q3 24 | $167.0M | $-149.0M | ||
| Q2 24 | $258.0M | $61.0M |
毛利率MASSEB
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 7.9% | ||
| Q3 25 | 34.2% | 7.8% | ||
| Q2 25 | 37.6% | 6.5% | ||
| Q1 25 | 35.8% | 6.1% | ||
| Q4 24 | 34.8% | 9.0% | ||
| Q3 24 | 36.6% | 6.2% | ||
| Q2 24 | 37.5% | 5.8% |
营业利润率MASSEB
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 2.7% | ||
| Q3 25 | 15.8% | 3.3% | ||
| Q2 25 | 20.1% | 2.1% | ||
| Q1 25 | 15.9% | 1.6% | ||
| Q4 24 | 15.9% | 4.6% | ||
| Q3 24 | 18.0% | 1.4% | ||
| Q2 24 | 19.0% | 1.4% |
净利率MASSEB
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 10.6% | ||
| Q3 25 | 9.9% | 4.3% | ||
| Q2 25 | 13.2% | 4.2% | ||
| Q1 25 | 10.3% | 1.4% | ||
| Q4 24 | 10.0% | 6.3% | ||
| Q3 24 | 8.4% | -6.7% | ||
| Q2 24 | 12.3% | 2.8% |
每股收益（稀释后）MASSEB
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $262.58 | ||
| Q3 25 | $0.90 | $113.71 | ||
| Q2 25 | $1.28 | $105.22 | ||
| Q1 25 | $0.87 | $32.95 | ||
| Q4 24 | $0.85 | $158.58 | ||
| Q3 24 | $0.77 | $-153.44 | ||
| Q2 24 | $1.17 | $62.82 |
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 | — | $1.2B |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $27.0M | $5.2B |
| 总资产 | $5.2B | $8.2B |
| 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MASSEB
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $1.2B | ||
| Q3 25 | $559.0M | $1.2B | ||
| Q2 25 | $390.0M | $1.1B | ||
| Q1 25 | $377.0M | $1.1B | ||
| Q4 24 | $634.0M | $1.2B | ||
| Q3 24 | $646.0M | $1.2B | ||
| Q2 24 | $398.0M | $1.2B |
总债务MASSEB
| 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MASSEB
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $5.2B | ||
| Q3 25 | $-78.0M | $5.0B | ||
| Q2 25 | $-84.0M | $4.8B | ||
| Q1 25 | $-254.0M | $4.7B | ||
| Q4 24 | $-279.0M | $4.7B | ||
| Q3 24 | $-88.0M | $4.5B | ||
| Q2 24 | $-26.0M | $4.7B |
总资产MASSEB
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $8.2B | ||
| Q3 25 | $5.3B | $8.0B | ||
| Q2 25 | $5.3B | $7.9B | ||
| Q1 25 | $5.1B | $7.6B | ||
| Q4 24 | $5.0B | $7.7B | ||
| Q3 24 | $5.3B | $7.5B | ||
| Q2 24 | $5.4B | $7.7B |
负债/权益比MASSEB
| 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 | — | $188.0M |
| 自由现金流经营现金流 - 资本支出 | — | $53.0M |
| 自由现金流率自由现金流/营收 | — | 2.2% |
| 资本支出强度资本支出/营收 | 1.8% | 5.6% |
| 现金转化率经营现金流/净利润 | — | 0.74× |
| 过去12个月自由现金流最近4个季度 | — | $6.0M |
8季度趋势，按日历期对齐
经营现金流MASSEB
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $188.0M | ||
| Q3 25 | $456.0M | $319.0M | ||
| Q2 25 | $306.0M | $81.0M | ||
| Q1 25 | $-158.0M | $-20.0M | ||
| Q4 24 | $407.0M | $300.0M | ||
| Q3 24 | $416.0M | $194.0M | ||
| Q2 24 | $346.0M | $6.0M |
自由现金流MASSEB
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $53.0M | ||
| Q3 25 | $415.0M | $152.0M | ||
| Q2 25 | $270.0M | $-70.0M | ||
| Q1 25 | $-190.0M | $-129.0M | ||
| Q4 24 | $351.0M | $162.0M | ||
| Q3 24 | $378.0M | $58.0M | ||
| Q2 24 | $303.0M | $-127.0M |
自由现金流率MASSEB
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 2.2% | ||
| Q3 25 | 21.6% | 6.0% | ||
| Q2 25 | 13.2% | -2.8% | ||
| Q1 25 | -10.5% | -5.6% | ||
| Q4 24 | 19.2% | 6.5% | ||
| Q3 24 | 19.1% | 2.6% | ||
| Q2 24 | 14.5% | -5.7% |
资本支出强度MASSEB
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 5.6% | ||
| Q3 25 | 2.1% | 6.6% | ||
| Q2 25 | 1.8% | 6.1% | ||
| Q1 25 | 1.8% | 4.7% | ||
| Q4 24 | 3.1% | 5.6% | ||
| Q3 24 | 1.9% | 6.1% | ||
| Q2 24 | 2.1% | 6.0% |
现金转化率MASSEB
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 0.74× | ||
| Q3 25 | 2.41× | 2.90× | ||
| Q2 25 | 1.13× | 0.78× | ||
| Q1 25 | -0.85× | -0.63× | ||
| Q4 24 | 2.24× | 1.92× | ||
| Q3 24 | 2.49× | — | ||
| Q2 24 | 1.34× | 0.10× |
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
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
