vs
Masco（MAS）与道富集团（STT）财务数据对比。点击上方公司名可切换其他公司
道富集团的季度营收约是Masco的1.9倍（$3.7B vs $1.9B），道富集团净利率更高（20.4% vs 11.9%，领先8.5%），道富集团同比增速更快（7.5% vs 6.5%），过去两年道富集团的营收复合增速更高（8.1% 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。
道富集团是总部位于美国波士顿的跨国金融服务及银行控股公司，历史可追溯至1792年成立的联合银行，是美国运营历史第二悠久的存续银行。作为全球顶尖的资产管理与托管机构，截至2025年第三季度，其管理资产规模约5.4万亿美元，托管及管理资产总规模达51.7万亿美元。
MAS vs STT — 直观对比
营收规模更大
STT
是对方的1.9倍
$1.9B
营收增速更快
STT
高出1.0%
6.5%
净利率更高
STT
高出8.5%
11.9%
两年增速更快
STT
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.7B |
| 净利润 | $228.0M | $747.0M |
| 毛利率 | 35.8% | — |
| 营业利润率 | 16.5% | 25.0% |
| 净利率 | 11.9% | 20.4% |
| 营收同比 | 6.5% | 7.5% |
| 净利润同比 | 14.5% | -4.6% |
| 每股收益（稀释后） | — | $2.41 |
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MASSTT
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $3.7B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $2.1B | $3.4B | ||
| Q1 25 | $1.8B | $3.3B | ||
| Q4 24 | $1.8B | $3.4B | ||
| Q3 24 | $2.0B | $3.3B | ||
| Q2 24 | $2.1B | $3.2B |
净利润MASSTT
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $747.0M | ||
| Q3 25 | $189.0M | $861.0M | ||
| Q2 25 | $270.0M | $693.0M | ||
| Q1 25 | $186.0M | $644.0M | ||
| Q4 24 | $182.0M | $783.0M | ||
| Q3 24 | $167.0M | $730.0M | ||
| Q2 24 | $258.0M | $711.0M |
毛利率MASSTT
| 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MASSTT
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 25.0% | ||
| Q3 25 | 15.8% | 31.1% | ||
| Q2 25 | 20.1% | 25.8% | ||
| Q1 25 | 15.9% | 25.0% | ||
| Q4 24 | 15.9% | 28.1% | ||
| Q3 24 | 18.0% | 28.4% | ||
| Q2 24 | 19.0% | 28.6% |
净利率MASSTT
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 20.4% | ||
| Q3 25 | 9.9% | 24.3% | ||
| Q2 25 | 13.2% | 20.1% | ||
| Q1 25 | 10.3% | 19.6% | ||
| Q4 24 | 10.0% | 22.9% | ||
| Q3 24 | 8.4% | 22.4% | ||
| Q2 24 | 12.3% | 22.3% |
每股收益（稀释后）MASSTT
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $2.41 | ||
| Q3 25 | $0.90 | $2.78 | ||
| Q2 25 | $1.28 | $2.17 | ||
| Q1 25 | $0.87 | $2.04 | ||
| Q4 24 | $0.85 | $2.43 | ||
| Q3 24 | $0.77 | $2.26 | ||
| Q2 24 | $1.17 | $2.15 |
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 | — | — |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $27.0M | $27.8B |
| 总资产 | $5.2B | $366.0B |
| 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MASSTT
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | — | ||
| Q3 25 | $559.0M | — | ||
| Q2 25 | $390.0M | — | ||
| Q1 25 | $377.0M | — | ||
| Q4 24 | $634.0M | — | ||
| Q3 24 | $646.0M | — | ||
| Q2 24 | $398.0M | — |
总债务MASSTT
| 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MASSTT
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $27.8B | ||
| Q3 25 | $-78.0M | $27.6B | ||
| Q2 25 | $-84.0M | $27.3B | ||
| Q1 25 | $-254.0M | $26.7B | ||
| Q4 24 | $-279.0M | $25.3B | ||
| Q3 24 | $-88.0M | $25.8B | ||
| Q2 24 | $-26.0M | $24.8B |
总资产MASSTT
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $366.0B | ||
| Q3 25 | $5.3B | $371.1B | ||
| Q2 25 | $5.3B | $376.7B | ||
| Q1 25 | $5.1B | $372.7B | ||
| Q4 24 | $5.0B | $353.2B | ||
| Q3 24 | $5.3B | $338.5B | ||
| Q2 24 | $5.4B | $325.6B |
负债/权益比MASSTT
| 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 | — | $10.0B |
| 自由现金流经营现金流 - 资本支出 | — | $9.8B |
| 自由现金流率自由现金流/营收 | — | 266.6% |
| 资本支出强度资本支出/营收 | 1.8% | 7.3% |
| 现金转化率经营现金流/净利润 | — | 13.44× |
| 过去12个月自由现金流最近4个季度 | — | $10.8B |
8季度趋势，按日历期对齐
经营现金流MASSTT
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $10.0B | ||
| Q3 25 | $456.0M | $7.9B | ||
| Q2 25 | $306.0M | $-8.4B | ||
| Q1 25 | $-158.0M | $2.4B | ||
| Q4 24 | $407.0M | $-7.4B | ||
| Q3 24 | $416.0M | $2.7B | ||
| Q2 24 | $346.0M | $-7.6B |
自由现金流MASSTT
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $9.8B | ||
| Q3 25 | $415.0M | $7.7B | ||
| Q2 25 | $270.0M | $-8.8B | ||
| Q1 25 | $-190.0M | $2.2B | ||
| Q4 24 | $351.0M | $-7.7B | ||
| Q3 24 | $378.0M | $2.5B | ||
| Q2 24 | $303.0M | $-7.9B |
自由现金流率MASSTT
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 266.6% | ||
| Q3 25 | 21.6% | 216.0% | ||
| Q2 25 | 13.2% | -254.1% | ||
| Q1 25 | -10.5% | 66.1% | ||
| Q4 24 | 19.2% | -225.1% | ||
| Q3 24 | 19.1% | 75.9% | ||
| Q2 24 | 14.5% | -246.2% |
资本支出强度MASSTT
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 7.3% | ||
| Q3 25 | 2.1% | 6.9% | ||
| Q2 25 | 1.8% | 9.3% | ||
| Q1 25 | 1.8% | 6.9% | ||
| Q4 24 | 3.1% | 7.3% | ||
| Q3 24 | 1.9% | 7.2% | ||
| Q2 24 | 2.1% | 6.7% |
现金转化率MASSTT
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 13.44× | ||
| Q3 25 | 2.41× | 9.18× | ||
| Q2 25 | 1.13× | -12.18× | ||
| Q1 25 | -0.85× | 3.72× | ||
| Q4 24 | 2.24× | -9.49× | ||
| Q3 24 | 2.49× | 3.71× | ||
| Q2 24 | 1.34× | -10.75× |
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
STT
| Other | $2.2B | 59% |
| Investment Management | $729.0M | 20% |
| Management Services | $662.0M | 18% |
| Other Fee Revenue | $56.0M | 2% |
| Securities Financing Services | $54.0M | 1% |
