vs
Masco（MAS）与摩森康胜饮品公司（TAP）财务数据对比。点击上方公司名可切换其他公司
摩森康胜饮品公司的季度营收约是Masco的1.6倍（$3.1B vs $1.9B），Masco净利率更高（11.9% vs 7.6%，领先4.3%），Masco同比增速更快（6.5% vs -3.6%），过去两年摩森康胜饮品公司的营收复合增速更高（1.2% 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。
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
MAS vs TAP — 直观对比
营收规模更大
TAP
是对方的1.6倍
$1.9B
营收增速更快
MAS
高出10.1%
-3.6%
净利率更高
MAS
高出4.3%
7.6%
两年增速更快
TAP
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.1B |
| 净利润 | $228.0M | $238.3M |
| 毛利率 | 35.8% | 31.0% |
| 营业利润率 | 16.5% | 10.4% |
| 净利率 | 11.9% | 7.6% |
| 营收同比 | 6.5% | -3.6% |
| 净利润同比 | 14.5% | -17.2% |
| 每股收益（稀释后） | — | $1.32 |
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MASTAP
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $3.1B | ||
| Q3 25 | $1.9B | $3.5B | ||
| Q2 25 | $2.1B | $3.7B | ||
| Q1 25 | $1.8B | $2.7B | ||
| Q4 24 | $1.8B | $3.2B | ||
| Q3 24 | $2.0B | $3.6B | ||
| Q2 24 | $2.1B | $3.8B |
净利润MASTAP
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $238.3M | ||
| Q3 25 | $189.0M | $-2.9B | ||
| Q2 25 | $270.0M | $428.7M | ||
| Q1 25 | $186.0M | $121.0M | ||
| Q4 24 | $182.0M | $287.8M | ||
| Q3 24 | $167.0M | $199.8M | ||
| Q2 24 | $258.0M | $427.0M |
毛利率MASTAP
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 31.0% | ||
| Q3 25 | 34.2% | 33.7% | ||
| Q2 25 | 37.6% | 34.3% | ||
| Q1 25 | 35.8% | 31.6% | ||
| Q4 24 | 34.8% | 32.0% | ||
| Q3 24 | 36.6% | 33.4% | ||
| Q2 24 | 37.5% | 34.6% |
营业利润率MASTAP
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 10.4% | ||
| Q3 25 | 15.8% | -98.5% | ||
| Q2 25 | 20.1% | 15.6% | ||
| Q1 25 | 15.9% | 6.9% | ||
| Q4 24 | 15.9% | 12.0% | ||
| Q3 24 | 18.0% | 12.5% | ||
| Q2 24 | 19.0% | 15.6% |
净利率MASTAP
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 7.6% | ||
| Q3 25 | 9.9% | -84.0% | ||
| Q2 25 | 13.2% | 11.5% | ||
| Q1 25 | 10.3% | 4.5% | ||
| Q4 24 | 10.0% | 8.9% | ||
| Q3 24 | 8.4% | 5.5% | ||
| Q2 24 | 12.3% | 11.1% |
每股收益（稀释后）MASTAP
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $1.32 | ||
| Q3 25 | $0.90 | $-14.79 | ||
| Q2 25 | $1.28 | $2.13 | ||
| Q1 25 | $0.87 | $0.59 | ||
| Q4 24 | $0.85 | $1.39 | ||
| Q3 24 | $0.77 | $0.96 | ||
| Q2 24 | $1.17 | $2.03 |
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 | — | $896.5M |
| 总债务越低越好 | $2.9B | $6.3B |
| 股东权益账面价值 | $27.0M | $10.2B |
| 总资产 | $5.2B | $22.7B |
| 负债/权益比越低杠杆越低 | 109.07× | 0.61× |
8季度趋势，按日历期对齐
现金及短期投资MASTAP
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $896.5M | ||
| Q3 25 | $559.0M | $950.2M | ||
| Q2 25 | $390.0M | $613.8M | ||
| Q1 25 | $377.0M | $412.7M | ||
| Q4 24 | $634.0M | $969.3M | ||
| Q3 24 | $646.0M | $1.0B | ||
| Q2 24 | $398.0M | $1.6B |
总债务MASTAP
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $6.3B | ||
| Q3 25 | — | $6.3B | ||
| Q2 25 | — | $6.3B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | $2.9B | $6.1B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | — | $7.0B |
股东权益MASTAP
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $10.2B | ||
| Q3 25 | $-78.0M | $10.3B | ||
| Q2 25 | $-84.0M | $13.4B | ||
| Q1 25 | $-254.0M | $13.1B | ||
| Q4 24 | $-279.0M | $13.1B | ||
| Q3 24 | $-88.0M | $13.3B | ||
| Q2 24 | $-26.0M | $13.2B |
总资产MASTAP
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $22.7B | ||
| Q3 25 | $5.3B | $22.9B | ||
| Q2 25 | $5.3B | $26.8B | ||
| Q1 25 | $5.1B | $25.9B | ||
| Q4 24 | $5.0B | $26.1B | ||
| Q3 24 | $5.3B | $26.6B | ||
| Q2 24 | $5.4B | $27.4B |
负债/权益比MASTAP
| Q1 26 | 109.07× | — | ||
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 0.61× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.47× | ||
| Q4 24 | — | 0.47× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.53× |
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 | — | $540.7M |
| 自由现金流经营现金流 - 资本支出 | — | $357.8M |
| 自由现金流率自由现金流/营收 | — | 11.4% |
| 资本支出强度资本支出/营收 | 1.8% | 5.9% |
| 现金转化率经营现金流/净利润 | — | 2.27× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流MASTAP
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $540.7M | ||
| Q3 25 | $456.0M | $616.1M | ||
| Q2 25 | $306.0M | $718.3M | ||
| Q1 25 | $-158.0M | $-90.7M | ||
| Q4 24 | $407.0M | $494.5M | ||
| Q3 24 | $416.0M | $521.2M | ||
| Q2 24 | $346.0M | $869.2M |
自由现金流MASTAP
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $357.8M | ||
| Q3 25 | $415.0M | $483.0M | ||
| Q2 25 | $270.0M | $555.0M | ||
| Q1 25 | $-190.0M | $-328.0M | ||
| Q4 24 | $351.0M | $383.4M | ||
| Q3 24 | $378.0M | $350.4M | ||
| Q2 24 | $303.0M | $691.7M |
自由现金流率MASTAP
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 11.4% | ||
| Q3 25 | 21.6% | 13.9% | ||
| Q2 25 | 13.2% | 14.8% | ||
| Q1 25 | -10.5% | -12.2% | ||
| Q4 24 | 19.2% | 11.8% | ||
| Q3 24 | 19.1% | 9.7% | ||
| Q2 24 | 14.5% | 18.0% |
资本支出强度MASTAP
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 5.9% | ||
| Q3 25 | 2.1% | 3.8% | ||
| Q2 25 | 1.8% | 4.4% | ||
| Q1 25 | 1.8% | 8.8% | ||
| Q4 24 | 3.1% | 3.4% | ||
| Q3 24 | 1.9% | 4.7% | ||
| Q2 24 | 2.1% | 4.6% |
现金转化率MASTAP
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 2.27× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.13× | 1.68× | ||
| Q1 25 | -0.85× | -0.75× | ||
| Q4 24 | 2.24× | 1.72× | ||
| Q3 24 | 2.49× | 2.61× | ||
| Q2 24 | 1.34× | 2.04× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
