vs
Masco（MAS）与Virtu Financial, Inc.（VIRT）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Virtu Financial, Inc.的1.6倍（$1.8B vs $1.1B），Virtu Financial, Inc.净利率更高（31.6% vs 9.2%，领先22.4%），Virtu Financial, Inc.同比增速更快（30.7% vs -1.9%），过去两年Virtu Financial, Inc.的营收复合增速更高（25.7% vs -3.5%）
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。
Virtu Financial, Inc.是一家总部位于美国的高频交易企业，专注于金融市场的自动化交易业务，拥有行业领先的交易技术研发与落地能力，于2015年在纳斯达克证券交易所正式挂牌上市。
MAS vs VIRT — 直观对比
营收规模更大
MAS
是对方的1.6倍
$1.1B
营收增速更快
VIRT
高出32.6%
-1.9%
净利率更高
VIRT
高出22.4%
9.2%
两年增速更快
VIRT
近两年复合增速
-3.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.1B |
| 净利润 | $165.0M | $346.6M |
| 毛利率 | 33.9% | — |
| 营业利润率 | 13.8% | 37.4% |
| 净利率 | 9.2% | 31.6% |
| 营收同比 | -1.9% | 30.7% |
| 净利润同比 | -9.3% | 82.8% |
| 每股收益（稀释后） | $0.81 | $1.99 |
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MASVIRT
| Q1 26 | — | $1.1B | ||
| Q4 25 | $1.8B | $969.9M | ||
| Q3 25 | $1.9B | $824.8M | ||
| Q2 25 | $2.1B | $999.6M | ||
| Q1 25 | $1.8B | $837.9M | ||
| Q4 24 | $1.8B | $834.3M | ||
| Q3 24 | $2.0B | $706.8M | ||
| Q2 24 | $2.1B | $693.0M |
净利润MASVIRT
| Q1 26 | — | $346.6M | ||
| Q4 25 | $165.0M | $139.9M | ||
| Q3 25 | $189.0M | $77.6M | ||
| Q2 25 | $270.0M | $151.2M | ||
| Q1 25 | $186.0M | $99.7M | ||
| Q4 24 | $182.0M | $94.1M | ||
| Q3 24 | $167.0M | $60.0M | ||
| Q2 24 | $258.0M | $66.6M |
毛利率MASVIRT
| Q1 26 | — | — | ||
| 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MASVIRT
| Q1 26 | — | 37.4% | ||
| Q4 25 | 13.8% | 35.4% | ||
| Q3 25 | 15.8% | 21.8% | ||
| Q2 25 | 20.1% | 34.7% | ||
| Q1 25 | 15.9% | 26.7% | ||
| Q4 24 | 15.9% | 24.3% | ||
| Q3 24 | 18.0% | 20.8% | ||
| Q2 24 | 19.0% | 22.4% |
净利率MASVIRT
| Q1 26 | — | 31.6% | ||
| Q4 25 | 9.2% | 14.4% | ||
| Q3 25 | 9.9% | 9.4% | ||
| Q2 25 | 13.2% | 15.1% | ||
| Q1 25 | 10.3% | 11.9% | ||
| Q4 24 | 10.0% | 11.3% | ||
| Q3 24 | 8.4% | 8.5% | ||
| Q2 24 | 12.3% | 9.6% |
每股收益（稀释后）MASVIRT
| Q1 26 | — | $1.99 | ||
| Q4 25 | $0.81 | $1.54 | ||
| Q3 25 | $0.90 | $0.86 | ||
| Q2 25 | $1.28 | $1.65 | ||
| Q1 25 | $0.87 | $1.08 | ||
| Q4 24 | $0.85 | $1.03 | ||
| Q3 24 | $0.77 | $0.64 | ||
| Q2 24 | $1.17 | $0.71 |
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 | $647.0M | $973.2M |
| 总债务越低越好 | $2.9B | — |
| 股东权益账面价值 | $-185.0M | $2.2B |
| 总资产 | $5.2B | $25.1B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MASVIRT
| Q1 26 | — | $973.2M | ||
| Q4 25 | $647.0M | $1.1B | ||
| Q3 25 | $559.0M | $707.9M | ||
| Q2 25 | $390.0M | $752.1M | ||
| Q1 25 | $377.0M | $723.6M | ||
| Q4 24 | $634.0M | $872.5M | ||
| Q3 24 | $646.0M | $701.4M | ||
| Q2 24 | $398.0M | $684.8M |
总债务MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $2.0B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $2.9B | $1.7B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.7B |
股东权益MASVIRT
| Q1 26 | — | $2.2B | ||
| Q4 25 | $-185.0M | $1.6B | ||
| Q3 25 | $-78.0M | $1.5B | ||
| Q2 25 | $-84.0M | $1.4B | ||
| Q1 25 | $-254.0M | $1.3B | ||
| Q4 24 | $-279.0M | $1.3B | ||
| Q3 24 | $-88.0M | $1.2B | ||
| Q2 24 | $-26.0M | $1.2B |
总资产MASVIRT
| Q1 26 | — | $25.1B | ||
| Q4 25 | $5.2B | $20.2B | ||
| Q3 25 | $5.3B | $21.3B | ||
| Q2 25 | $5.3B | $19.3B | ||
| Q1 25 | $5.1B | $17.5B | ||
| Q4 24 | $5.0B | $15.4B | ||
| Q3 24 | $5.3B | $14.4B | ||
| Q2 24 | $5.4B | $13.9B |
负债/权益比MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | — | 1.29× | ||
| Q3 25 | — | 1.40× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | 1.33× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 1.41× |
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 | $418.0M | — |
| 自由现金流经营现金流 - 资本支出 | $371.0M | — |
| 自由现金流率自由现金流/营收 | 20.7% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 2.53× | — |
| 过去12个月自由现金流最近4个季度 | $866.0M | — |
8季度趋势，按日历期对齐
经营现金流MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $518.4M | ||
| Q3 25 | $456.0M | $-68.7M | ||
| Q2 25 | $306.0M | $62.8M | ||
| Q1 25 | $-158.0M | $15.0M | ||
| Q4 24 | $407.0M | $599.0M | ||
| Q3 24 | $416.0M | $112.1M | ||
| Q2 24 | $346.0M | $490.8M |
自由现金流MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $495.6M | ||
| Q3 25 | $415.0M | $-76.7M | ||
| Q2 25 | $270.0M | $57.6M | ||
| Q1 25 | $-190.0M | $9.2M | ||
| Q4 24 | $351.0M | $586.6M | ||
| Q3 24 | $378.0M | $106.2M | ||
| Q2 24 | $303.0M | $486.9M |
自由现金流率MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 51.1% | ||
| Q3 25 | 21.6% | -9.3% | ||
| Q2 25 | 13.2% | 5.8% | ||
| Q1 25 | -10.5% | 1.1% | ||
| Q4 24 | 19.2% | 70.3% | ||
| Q3 24 | 19.1% | 15.0% | ||
| Q2 24 | 14.5% | 70.3% |
资本支出强度MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | 2.6% | 2.4% | ||
| Q3 25 | 2.1% | 1.0% | ||
| Q2 25 | 1.8% | 0.5% | ||
| Q1 25 | 1.8% | 0.7% | ||
| Q4 24 | 3.1% | 1.5% | ||
| Q3 24 | 1.9% | 0.8% | ||
| Q2 24 | 2.1% | 0.6% |
现金转化率MASVIRT
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 3.71× | ||
| Q3 25 | 2.41× | -0.89× | ||
| Q2 25 | 1.13× | 0.42× | ||
| Q1 25 | -0.85× | 0.15× | ||
| Q4 24 | 2.24× | 6.37× | ||
| Q3 24 | 2.49× | 1.87× | ||
| Q2 24 | 1.34× | 7.37× |
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
| Plumbing Products | $844.0M | 47% |
| Decorative Architectural Products | $545.0M | 30% |
| Other | $404.0M | 23% |
VIRT
| Trading income, net | $789.1M | 72% |
| Commissions, net and technology services | $186.6M | 17% |
| Other | $119.6M | 11% |
