vs
Masco（MAS）与URBAN OUTFITTERS INC（URBN）财务数据对比。点击上方公司名可切换其他公司
Masco的季度营收约是URBAN OUTFITTERS INC的1.3倍（$1.9B vs $1.5B），Masco净利率更高（11.9% vs 7.6%，领先4.3%），URBAN OUTFITTERS INC同比增速更快（12.3% vs 6.5%），过去两年URBAN OUTFITTERS INC的营收复合增速更高（1.4% 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。
URBN是总部位于美国宾夕法尼亚州费城的跨国生活方式零售企业，旗下Urban Outfitters品牌面向年轻消费群体，产品涵盖男女时装、鞋履、美妆个护、配饰、运动服饰装备、家居用品及音乐周边等，业务覆盖美国、英国、加拿大、部分西欧国家、波兰、阿联酋、科威特、卡塔尔等市场。
MAS vs URBN — 直观对比
营收规模更大
MAS
是对方的1.3倍
$1.5B
营收增速更快
URBN
高出5.8%
6.5%
净利率更高
MAS
高出4.3%
7.6%
两年增速更快
URBN
近两年复合增速
-4.2%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $1.5B |
| 净利润 | $228.0M | $116.4M |
| 毛利率 | 35.8% | 36.8% |
| 营业利润率 | 16.5% | 9.4% |
| 净利率 | 11.9% | 7.6% |
| 营收同比 | 6.5% | 12.3% |
| 净利润同比 | 14.5% | 13.1% |
| 每股收益（稀释后） | — | $1.28 |
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MASURBN
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $2.1B | $1.3B | ||
| Q1 25 | $1.8B | $1.6B | ||
| Q4 24 | $1.8B | $1.4B | ||
| Q3 24 | $2.0B | $1.4B | ||
| Q2 24 | $2.1B | $1.2B |
净利润MASURBN
| Q1 26 | $228.0M | — | ||
| Q4 25 | $165.0M | $116.4M | ||
| Q3 25 | $189.0M | $143.9M | ||
| Q2 25 | $270.0M | $108.3M | ||
| Q1 25 | $186.0M | $120.3M | ||
| Q4 24 | $182.0M | $102.9M | ||
| Q3 24 | $167.0M | $117.5M | ||
| Q2 24 | $258.0M | $61.8M |
毛利率MASURBN
| Q1 26 | 35.8% | — | ||
| Q4 25 | 33.9% | 36.8% | ||
| Q3 25 | 34.2% | 37.6% | ||
| Q2 25 | 37.6% | 36.8% | ||
| Q1 25 | 35.8% | 32.3% | ||
| Q4 24 | 34.8% | 36.5% | ||
| Q3 24 | 36.6% | 36.5% | ||
| Q2 24 | 37.5% | 34.0% |
营业利润率MASURBN
| Q1 26 | 16.5% | — | ||
| Q4 25 | 13.8% | 9.4% | ||
| Q3 25 | 15.8% | 11.6% | ||
| Q2 25 | 20.1% | 9.6% | ||
| Q1 25 | 15.9% | 7.7% | ||
| Q4 24 | 15.9% | 9.4% | ||
| Q3 24 | 18.0% | 10.7% | ||
| Q2 24 | 19.0% | 6.2% |
净利率MASURBN
| Q1 26 | 11.9% | — | ||
| Q4 25 | 9.2% | 7.6% | ||
| Q3 25 | 9.9% | 9.6% | ||
| Q2 25 | 13.2% | 8.1% | ||
| Q1 25 | 10.3% | 7.4% | ||
| Q4 24 | 10.0% | 7.6% | ||
| Q3 24 | 8.4% | 8.7% | ||
| Q2 24 | 12.3% | 5.1% |
每股收益（稀释后）MASURBN
| Q1 26 | — | — | ||
| Q4 25 | $0.81 | $1.28 | ||
| Q3 25 | $0.90 | $1.58 | ||
| Q2 25 | $1.28 | $1.16 | ||
| Q1 25 | $0.87 | $1.27 | ||
| Q4 24 | $0.85 | $1.10 | ||
| Q3 24 | $0.77 | $1.24 | ||
| Q2 24 | $1.17 | $0.65 |
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 | — | $306.6M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $27.0M | $2.7B |
| 总资产 | $5.2B | $4.9B |
| 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MASURBN
| Q1 26 | — | — | ||
| Q4 25 | $647.0M | $306.6M | ||
| Q3 25 | $559.0M | $332.2M | ||
| Q2 25 | $390.0M | $189.4M | ||
| Q1 25 | $377.0M | $290.5M | ||
| Q4 24 | $634.0M | $182.5M | ||
| Q3 24 | $646.0M | $209.1M | ||
| Q2 24 | $398.0M | $174.0M |
总债务MASURBN
| 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MASURBN
| Q1 26 | $27.0M | — | ||
| Q4 25 | $-185.0M | $2.7B | ||
| Q3 25 | $-78.0M | $2.6B | ||
| Q2 25 | $-84.0M | $2.4B | ||
| Q1 25 | $-254.0M | $2.5B | ||
| Q4 24 | $-279.0M | $2.4B | ||
| Q3 24 | $-88.0M | $2.2B | ||
| Q2 24 | $-26.0M | $2.2B |
总资产MASURBN
| Q1 26 | $5.2B | — | ||
| Q4 25 | $5.2B | $4.9B | ||
| Q3 25 | $5.3B | $4.7B | ||
| Q2 25 | $5.3B | $4.5B | ||
| Q1 25 | $5.1B | $4.5B | ||
| Q4 24 | $5.0B | $4.5B | ||
| Q3 24 | $5.3B | $4.3B | ||
| Q2 24 | $5.4B | $4.2B |
负债/权益比MASURBN
| 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 | — | $61.1M |
| 自由现金流经营现金流 - 资本支出 | — | $-22.8M |
| 自由现金流率自由现金流/营收 | — | -1.5% |
| 资本支出强度资本支出/营收 | 1.8% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.53× |
| 过去12个月自由现金流最近4个季度 | — | $402.7M |
8季度趋势，按日历期对齐
经营现金流MASURBN
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $61.1M | ||
| Q3 25 | $456.0M | $218.0M | ||
| Q2 25 | $306.0M | $33.0M | ||
| Q1 25 | $-158.0M | $320.5M | ||
| Q4 24 | $407.0M | $18.5M | ||
| Q3 24 | $416.0M | $105.3M | ||
| Q2 24 | $346.0M | $58.6M |
自由现金流MASURBN
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $-22.8M | ||
| Q3 25 | $415.0M | $156.6M | ||
| Q2 25 | $270.0M | $-13.1M | ||
| Q1 25 | $-190.0M | $281.9M | ||
| Q4 24 | $351.0M | $-26.6M | ||
| Q3 24 | $378.0M | $47.5M | ||
| Q2 24 | $303.0M | $17.5M |
自由现金流率MASURBN
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | -1.5% | ||
| Q3 25 | 21.6% | 10.4% | ||
| Q2 25 | 13.2% | -1.0% | ||
| Q1 25 | -10.5% | 17.2% | ||
| Q4 24 | 19.2% | -2.0% | ||
| Q3 24 | 19.1% | 3.5% | ||
| Q2 24 | 14.5% | 1.5% |
资本支出强度MASURBN
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 5.5% | ||
| Q3 25 | 2.1% | 4.1% | ||
| Q2 25 | 1.8% | 3.5% | ||
| Q1 25 | 1.8% | 2.4% | ||
| Q4 24 | 3.1% | 3.3% | ||
| Q3 24 | 1.9% | 4.3% | ||
| Q2 24 | 2.1% | 3.4% |
现金转化率MASURBN
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 0.53× | ||
| Q3 25 | 2.41× | 1.52× | ||
| Q2 25 | 1.13× | 0.30× | ||
| Q1 25 | -0.85× | 2.66× | ||
| Q4 24 | 2.24× | 0.18× | ||
| Q3 24 | 2.49× | 0.90× | ||
| Q2 24 | 1.34× | 0.95× |
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
URBN
| Apparel | $861.4M | 56% |
| Home | $187.0M | 12% |
| Accessories | $182.6M | 12% |
| Subscription Operations | $144.6M | 9% |
| Wholesale Operations | $88.3M | 6% |
| Other | $65.3M | 4% |
