vs
Masco（MAS）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
泰佩思琦的季度营收约是Masco的1.3倍（$2.5B vs $1.9B），泰佩思琦净利率更高（22.4% vs 11.9%，领先10.5%），泰佩思琦同比增速更快（14.0% vs 6.5%），过去两年泰佩思琦的营收复合增速更高（29.9% 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。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
MAS vs TPR — 直观对比
营收规模更大
TPR
是对方的1.3倍
$1.9B
营收增速更快
TPR
高出7.5%
6.5%
净利率更高
TPR
高出10.5%
11.9%
两年增速更快
TPR
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $2.5B |
| 净利润 | $228.0M | $561.3M |
| 毛利率 | 35.8% | 75.5% |
| 营业利润率 | 16.5% | 28.6% |
| 净利率 | 11.9% | 22.4% |
| 营收同比 | 6.5% | 14.0% |
| 净利润同比 | 14.5% | 80.8% |
| 每股收益（稀释后） | — | $2.68 |
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MASTPR
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $1.9B | $1.7B | ||
| Q2 25 | $2.1B | $1.7B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | $2.2B | ||
| Q3 24 | $2.0B | $1.5B | ||
| Q2 24 | $2.1B | $1.6B |
净利润MASTPR
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $561.3M | ||
| Q3 25 | $189.0M | $274.8M | ||
| Q2 25 | $270.0M | $-517.1M | ||
| Q1 25 | $186.0M | $203.3M | ||
| Q4 24 | $182.0M | $310.4M | ||
| Q3 24 | $167.0M | $186.6M | ||
| Q2 24 | $258.0M | $159.3M |
毛利率MASTPR
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 75.5% | ||
| Q3 25 | 34.2% | 76.3% | ||
| Q2 25 | 37.6% | 76.3% | ||
| Q1 25 | 35.8% | 76.1% | ||
| Q4 24 | 34.8% | 74.4% | ||
| Q3 24 | 36.6% | 75.3% | ||
| Q2 24 | 37.5% | 74.9% |
营业利润率MASTPR
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 28.6% | ||
| Q3 25 | 15.8% | 19.3% | ||
| Q2 25 | 20.1% | -33.9% | ||
| Q1 25 | 15.9% | 16.0% | ||
| Q4 24 | 15.9% | 22.4% | ||
| Q3 24 | 18.0% | 16.7% | ||
| Q2 24 | 19.0% | 14.8% |
净利率MASTPR
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 22.4% | ||
| Q3 25 | 9.9% | 16.1% | ||
| Q2 25 | 13.2% | -30.0% | ||
| Q1 25 | 10.3% | 12.8% | ||
| Q4 24 | 10.0% | 14.1% | ||
| Q3 24 | 8.4% | 12.4% | ||
| Q2 24 | 12.3% | 10.0% |
每股收益（稀释后）MASTPR
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $2.68 | ||
| Q3 25 | $0.90 | $1.28 | ||
| Q2 25 | $1.28 | $-2.30 | ||
| Q1 25 | $0.87 | $0.95 | ||
| Q4 24 | $0.85 | $1.38 | ||
| Q3 24 | $0.77 | $0.79 | ||
| Q2 24 | $1.17 | $0.67 |
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 | $2.4B |
| 股东权益账面价值 | $27.0M | $551.2M |
| 总资产 | $5.2B | $6.5B |
| 负债/权益比越低杠杆越低 | 109.07× | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资MASTPR
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $1.1B | ||
| Q3 25 | $559.0M | $743.2M | ||
| Q2 25 | $390.0M | $1.1B | ||
| Q1 25 | $377.0M | $1.1B | ||
| Q4 24 | $634.0M | $1.0B | ||
| Q3 24 | $646.0M | $7.3B | ||
| Q2 24 | $398.0M | $7.2B |
总债务MASTPR
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $2.4B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $2.9B | $2.4B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | — | $6.9B |
股东权益MASTPR
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $551.2M | ||
| Q3 25 | $-78.0M | $399.5M | ||
| Q2 25 | $-84.0M | $857.8M | ||
| Q1 25 | $-254.0M | $1.5B | ||
| Q4 24 | $-279.0M | $1.3B | ||
| Q3 24 | $-88.0M | $3.0B | ||
| Q2 24 | $-26.0M | $2.9B |
总资产MASTPR
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $6.5B | ||
| Q3 25 | $5.3B | $6.4B | ||
| Q2 25 | $5.3B | $6.6B | ||
| Q1 25 | $5.1B | $7.3B | ||
| Q4 24 | $5.0B | $7.3B | ||
| Q3 24 | $5.3B | $13.7B | ||
| Q2 24 | $5.4B | $13.4B |
负债/权益比MASTPR
| Q1 26 | 109.07× | — | ||
| Q4 25 | — | 4.32× | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | — | 2.77× | ||
| Q1 25 | — | 1.59× | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | 2.35× | ||
| Q2 24 | — | 2.39× |
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 | — | $1.1B |
| 自由现金流经营现金流 - 资本支出 | — | $1.0B |
| 自由现金流率自由现金流/营收 | — | 41.5% |
| 资本支出强度资本支出/营收 | 1.8% | 1.7% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | — | $1.6B |
8季度趋势，按日历期对齐
经营现金流MASTPR
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $1.1B | ||
| Q3 25 | $456.0M | $112.6M | ||
| Q2 25 | $306.0M | $446.8M | ||
| Q1 25 | $-158.0M | $144.3M | ||
| Q4 24 | $407.0M | $506.0M | ||
| Q3 24 | $416.0M | $119.5M | ||
| Q2 24 | $346.0M | $256.0M |
自由现金流MASTPR
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $1.0B | ||
| Q3 25 | $415.0M | $80.2M | ||
| Q2 25 | $270.0M | $411.5M | ||
| Q1 25 | $-190.0M | $113.4M | ||
| Q4 24 | $351.0M | $475.1M | ||
| Q3 24 | $378.0M | $93.9M | ||
| Q2 24 | $303.0M | $209.8M |
自由现金流率MASTPR
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 41.5% | ||
| Q3 25 | 21.6% | 4.7% | ||
| Q2 25 | 13.2% | 23.9% | ||
| Q1 25 | -10.5% | 7.2% | ||
| Q4 24 | 19.2% | 21.6% | ||
| Q3 24 | 19.1% | 6.2% | ||
| Q2 24 | 14.5% | 13.2% |
资本支出强度MASTPR
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 1.7% | ||
| Q3 25 | 2.1% | 1.9% | ||
| Q2 25 | 1.8% | 2.0% | ||
| Q1 25 | 1.8% | 2.0% | ||
| Q4 24 | 3.1% | 1.4% | ||
| Q3 24 | 1.9% | 1.7% | ||
| Q2 24 | 2.1% | 2.9% |
现金转化率MASTPR
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 1.93× | ||
| Q3 25 | 2.41× | 0.41× | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | -0.85× | 0.71× | ||
| Q4 24 | 2.24× | 1.63× | ||
| Q3 24 | 2.49× | 0.64× | ||
| Q2 24 | 1.34× | 1.61× |
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
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
