vs
Masco（MAS）与西部数据（WDC）财务数据对比。点击上方公司名可切换其他公司
西部数据的季度营收约是Masco的1.7倍（$3.3B vs $1.9B），西部数据净利率更高（96.0% vs 11.9%，领先84.2%），西部数据同比增速更快（45.5% vs 6.5%），过去两年Masco的营收复合增速更高（-4.2% vs -9.7%）
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。
西部数据（简称WD）是总部位于美国加利福尼亚州圣何塞的知名数据存储企业，成立于1970年，是全球最大的硬盘驱动器（HDD）制造商之一，产品覆盖消费级、企业级等多元存储场景，为全球客户提供高性能、高可靠性的存储解决方案。
MAS vs WDC — 直观对比
营收规模更大
WDC
是对方的1.7倍
$1.9B
营收增速更快
WDC
高出39.0%
6.5%
净利率更高
WDC
高出84.2%
11.9%
两年增速更快
MAS
近两年复合增速
-9.7%
损益表 — Q1 FY2026 vs Q1 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.3B |
| 净利润 | $228.0M | $3.2B |
| 毛利率 | 35.8% | 50.2% |
| 营业利润率 | 16.5% | 35.7% |
| 净利率 | 11.9% | 96.0% |
| 营收同比 | 6.5% | 45.5% |
| 净利润同比 | 14.5% | 516.3% |
| 每股收益（稀释后） | — | $8.20 |
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MASWDC
| Q3 26 | — | $3.3B | ||
| Q2 26 | — | $3.0B | ||
| Q1 26 | $1.9B | $3.0B | ||
| Q4 25 | $1.8B | $2.8B | ||
| Q3 25 | $1.9B | — | ||
| Q2 25 | $2.1B | $-1.2B | ||
| Q1 25 | $1.8B | $2.3B | ||
| Q4 24 | $1.8B | $4.3B |
净利润MASWDC
| Q3 26 | — | $3.2B | ||
| Q2 26 | — | $1.8B | ||
| Q1 26 | $228.0M | $1.8B | ||
| Q4 25 | $165.0M | $1.2B | ||
| Q3 25 | $189.0M | — | ||
| Q2 25 | $270.0M | $282.0M | ||
| Q1 25 | $186.0M | $520.0M | ||
| Q4 24 | $182.0M | $594.0M |
毛利率MASWDC
| Q3 26 | — | 50.2% | ||
| Q2 26 | — | 45.7% | ||
| Q1 26 | 35.8% | 45.7% | ||
| Q4 25 | 33.9% | 43.5% | ||
| Q3 25 | 34.2% | — | ||
| Q2 25 | 37.6% | — | ||
| Q1 25 | 35.8% | 39.8% | ||
| Q4 24 | 34.8% | 35.4% |
营业利润率MASWDC
| Q3 26 | — | 35.7% | ||
| Q2 26 | — | 30.1% | ||
| Q1 26 | 16.5% | 30.1% | ||
| Q4 25 | 13.8% | 28.1% | ||
| Q3 25 | 15.8% | — | ||
| Q2 25 | 20.1% | — | ||
| Q1 25 | 15.9% | 33.1% | ||
| Q4 24 | 15.9% | 19.9% |
净利率MASWDC
| Q3 26 | — | 96.0% | ||
| Q2 26 | — | 61.1% | ||
| Q1 26 | 11.9% | 61.1% | ||
| Q4 25 | 9.2% | 41.9% | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | 13.2% | -24.4% | ||
| Q1 25 | 10.3% | 22.7% | ||
| Q4 24 | 10.0% | 13.9% |
每股收益（稀释后）MASWDC
| Q3 26 | — | $8.20 | ||
| Q2 26 | — | $4.73 | ||
| Q1 26 | — | $4.73 | ||
| Q4 25 | $0.81 | $3.07 | ||
| Q3 25 | $0.90 | — | ||
| Q2 25 | $1.28 | $0.72 | ||
| Q1 25 | $0.87 | $1.42 | ||
| Q4 24 | $0.85 | $1.63 |
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 | — | $2.0B |
| 总债务越低越好 | $2.9B | $1.6B |
| 股东权益账面价值 | $27.0M | $9.7B |
| 总资产 | $5.2B | $15.0B |
| 负债/权益比越低杠杆越低 | 109.07× | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资MASWDC
| Q3 26 | — | $2.0B | ||
| Q2 26 | — | $2.0B | ||
| Q1 26 | — | $2.0B | ||
| Q4 25 | $647.0M | $2.0B | ||
| Q3 25 | $559.0M | — | ||
| Q2 25 | $390.0M | $2.1B | ||
| Q1 25 | $377.0M | $3.5B | ||
| Q4 24 | $634.0M | $2.3B |
总债务MASWDC
| Q3 26 | — | $1.6B | ||
| Q2 26 | — | $4.7B | ||
| Q1 26 | $2.9B | $4.7B | ||
| Q4 25 | $2.9B | $4.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $4.7B | ||
| Q1 25 | — | $7.3B | ||
| Q4 24 | $2.9B | $7.4B |
股东权益MASWDC
| Q3 26 | — | $9.7B | ||
| Q2 26 | — | $7.1B | ||
| Q1 26 | $27.0M | $7.1B | ||
| Q4 25 | $-185.0M | $5.9B | ||
| Q3 25 | $-78.0M | — | ||
| Q2 25 | $-84.0M | $5.3B | ||
| Q1 25 | $-254.0M | $5.2B | ||
| Q4 24 | $-279.0M | $12.1B |
总资产MASWDC
| Q3 26 | — | $15.0B | ||
| Q2 26 | — | $15.6B | ||
| Q1 26 | $5.2B | $15.6B | ||
| Q4 25 | $5.2B | $14.4B | ||
| Q3 25 | $5.3B | — | ||
| Q2 25 | $5.3B | $14.0B | ||
| Q1 25 | $5.1B | $16.4B | ||
| Q4 24 | $5.0B | $25.5B |
负债/权益比MASWDC
| Q3 26 | — | 0.16× | ||
| Q2 26 | — | 0.65× | ||
| Q1 26 | 109.07× | 0.65× | ||
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 0.89× | ||
| Q1 25 | — | 1.42× | ||
| Q4 24 | — | 0.61× |
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 | — | $978.0M |
| 自由现金流率自由现金流/营收 | — | 29.3% |
| 资本支出强度资本支出/营收 | 1.8% | — |
| 现金转化率经营现金流/净利润 | — | 0.35× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MASWDC
| Q3 26 | — | $1.1B | ||
| Q2 26 | — | $745.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $418.0M | $672.0M | ||
| Q3 25 | $456.0M | — | ||
| Q2 25 | $306.0M | $746.0M | ||
| Q1 25 | $-158.0M | $508.0M | ||
| Q4 24 | $407.0M | $403.0M |
自由现金流MASWDC
| Q3 26 | — | $978.0M | ||
| Q2 26 | — | $653.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $371.0M | $599.0M | ||
| Q3 25 | $415.0M | — | ||
| Q2 25 | $270.0M | $675.0M | ||
| Q1 25 | $-190.0M | $379.0M | ||
| Q4 24 | $351.0M | $287.0M |
自由现金流率MASWDC
| Q3 26 | — | 29.3% | ||
| Q2 26 | — | 21.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 20.7% | 21.3% | ||
| Q3 25 | 21.6% | — | ||
| Q2 25 | 13.2% | -58.5% | ||
| Q1 25 | -10.5% | 16.5% | ||
| Q4 24 | 19.2% | 6.7% |
资本支出强度MASWDC
| Q3 26 | — | — | ||
| Q2 26 | — | — | ||
| Q1 26 | 1.8% | — | ||
| Q4 25 | 2.6% | 2.6% | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 1.8% | -6.2% | ||
| Q1 25 | 1.8% | 5.6% | ||
| Q4 24 | 3.1% | 2.7% |
现金转化率MASWDC
| Q3 26 | — | 0.35× | ||
| Q2 26 | — | 0.40× | ||
| Q1 26 | — | — | ||
| Q4 25 | 2.53× | 0.57× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | 1.13× | 2.65× | ||
| Q1 25 | -0.85× | 0.98× | ||
| Q4 24 | 2.24× | 0.68× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
