vs
迈心诺（MASI）与National Storage Affiliates Trust（NSA）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是National Storage Affiliates Trust的2.0倍（$371.5M vs $187.0M），National Storage Affiliates Trust净利率更高（12.2% vs -27.0%，领先39.3%），National Storage Affiliates Trust同比增速更快（-1.6% vs -26.4%），National Storage Affiliates Trust自由现金流更多（$299.8M vs $50.9M），过去两年National Storage Affiliates Trust的营收复合增速更高（-2.4% vs -17.7%）
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
National Storage Affiliates Trust是一家总部位于美国的房地产投资信托，专注于自助仓储资产，在美国数十个州持有、运营及收购自助仓储设施，为居民和商业客户提供安全的存储服务。
MASI vs NSA — 直观对比
营收规模更大
MASI
是对方的2.0倍
$187.0M
营收增速更快
NSA
高出24.8%
-26.4%
净利率更高
NSA
高出39.3%
-27.0%
自由现金流更多
NSA
多$248.9M
$50.9M
两年增速更快
NSA
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $187.0M |
| 净利润 | $-100.4M | $22.9M |
| 毛利率 | 62.1% | 72.5% |
| 营业利润率 | 22.5% | 20.2% |
| 净利率 | -27.0% | 12.2% |
| 营收同比 | -26.4% | -1.6% |
| 净利润同比 | -1124.5% | 36.8% |
| 每股收益（稀释后） | $-1.84 | $0.23 |
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MASINSA
| Q4 25 | — | $187.0M | ||
| Q3 25 | $371.5M | $188.7M | ||
| Q2 25 | $370.9M | $188.8M | ||
| Q1 25 | $372.0M | $188.4M | ||
| Q4 24 | $600.7M | $190.1M | ||
| Q3 24 | $504.6M | $193.6M | ||
| Q2 24 | $496.3M | $190.4M | ||
| Q1 24 | $492.8M | $196.1M |
净利润MASINSA
| Q4 25 | — | $22.9M | ||
| Q3 25 | $-100.4M | $18.4M | ||
| Q2 25 | $51.3M | $19.5M | ||
| Q1 25 | $-170.7M | $13.0M | ||
| Q4 24 | $-349.6M | $16.7M | ||
| Q3 24 | $9.8M | $18.7M | ||
| Q2 24 | $16.0M | $17.1M | ||
| Q1 24 | $18.9M | $59.0M |
毛利率MASINSA
| Q4 25 | — | 72.5% | ||
| Q3 25 | 62.1% | 70.7% | ||
| Q2 25 | 62.9% | 70.5% | ||
| Q1 25 | 62.9% | 70.7% | ||
| Q4 24 | 40.7% | 72.5% | ||
| Q3 24 | 52.2% | 72.8% | ||
| Q2 24 | 51.3% | 72.6% | ||
| Q1 24 | 49.0% | 72.1% |
营业利润率MASINSA
| Q4 25 | — | 20.2% | ||
| Q3 25 | 22.5% | 15.8% | ||
| Q2 25 | 17.4% | 16.5% | ||
| Q1 25 | 21.0% | 11.0% | ||
| Q4 24 | -59.8% | 14.5% | ||
| Q3 24 | 6.0% | 15.8% | ||
| Q2 24 | 5.7% | 17.2% | ||
| Q1 24 | 6.9% | 48.9% |
净利率MASINSA
| Q4 25 | — | 12.2% | ||
| Q3 25 | -27.0% | 9.8% | ||
| Q2 25 | 13.8% | 10.3% | ||
| Q1 25 | -45.9% | 6.9% | ||
| Q4 24 | -58.2% | 8.8% | ||
| Q3 24 | 1.9% | 9.7% | ||
| Q2 24 | 3.2% | 9.0% | ||
| Q1 24 | 3.8% | 30.1% |
每股收益（稀释后）MASINSA
| Q4 25 | — | $0.23 | ||
| Q3 25 | $-1.84 | $0.17 | ||
| Q2 25 | $0.94 | $0.19 | ||
| Q1 25 | $-3.12 | $0.10 | ||
| Q4 24 | $-6.54 | $0.19 | ||
| Q3 24 | $0.18 | $0.18 | ||
| Q2 24 | $0.29 | $0.16 | ||
| Q1 24 | $0.35 | $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 | $312.3M | $23.3M |
| 总债务越低越好 | $559.1M | — |
| 股东权益账面价值 | $810.0M | $946.0M |
| 总资产 | $1.8B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.69× | — |
8季度趋势，按日历期对齐
现金及短期投资MASINSA
| Q4 25 | — | $23.3M | ||
| Q3 25 | $312.3M | $26.3M | ||
| Q2 25 | $149.6M | $26.1M | ||
| Q1 25 | $130.8M | $19.3M | ||
| Q4 24 | $177.6M | $50.4M | ||
| Q3 24 | $158.5M | $69.9M | ||
| Q2 24 | $129.6M | $59.0M | ||
| Q1 24 | $157.6M | $64.2M |
总债务MASINSA
| Q4 25 | — | — | ||
| Q3 25 | $559.1M | — | ||
| Q2 25 | $613.7M | — | ||
| Q1 25 | $651.0M | — | ||
| Q4 24 | $765.2M | — | ||
| Q3 24 | $772.6M | — | ||
| Q2 24 | $781.6M | — | ||
| Q1 24 | $876.0M | — |
股东权益MASINSA
| Q4 25 | — | $946.0M | ||
| Q3 25 | $810.0M | $973.1M | ||
| Q2 25 | $1.0B | $1.0B | ||
| Q1 25 | $946.4M | $1.0B | ||
| Q4 24 | $1.1B | $1.1B | ||
| Q3 24 | $1.5B | $986.9M | ||
| Q2 24 | $1.4B | $1.2B | ||
| Q1 24 | $1.4B | $1.3B |
总资产MASINSA
| Q4 25 | — | $5.1B | ||
| Q3 25 | $1.8B | $5.1B | ||
| Q2 25 | $2.4B | $5.2B | ||
| Q1 25 | $2.3B | $5.3B | ||
| Q4 24 | $2.6B | $5.4B | ||
| Q3 24 | $3.1B | $5.4B | ||
| Q2 24 | $2.9B | $5.3B | ||
| Q1 24 | $3.0B | $5.4B |
负债/权益比MASINSA
| Q4 25 | — | — | ||
| Q3 25 | 0.69× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.69× | — | ||
| Q4 24 | 0.73× | — | ||
| Q3 24 | 0.53× | — | ||
| Q2 24 | 0.57× | — | ||
| Q1 24 | 0.64× | — |
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 | $56.8M | $338.5M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $299.8M |
| 自由现金流率自由现金流/营收 | 13.7% | 160.3% |
| 资本支出强度资本支出/营收 | 1.6% | 20.7% |
| 现金转化率经营现金流/净利润 | — | 14.79× |
| 过去12个月自由现金流最近4个季度 | $191.0M | $541.5M |
8季度趋势，按日历期对齐
经营现金流MASINSA
| Q4 25 | — | $338.5M | ||
| Q3 25 | $56.8M | $100.2M | ||
| Q2 25 | $69.4M | $79.9M | ||
| Q1 25 | $31.1M | $85.6M | ||
| Q4 24 | $50.5M | $363.1M | ||
| Q3 24 | $25.6M | $105.7M | ||
| Q2 24 | $74.5M | $83.2M | ||
| Q1 24 | $45.8M | $94.0M |
自由现金流MASINSA
| Q4 25 | — | $299.8M | ||
| Q3 25 | $50.9M | $88.0M | ||
| Q2 25 | $65.6M | $73.8M | ||
| Q1 25 | $28.5M | $79.9M | ||
| Q4 24 | $46.0M | $344.4M | ||
| Q3 24 | $16.9M | $101.8M | ||
| Q2 24 | $66.9M | $79.5M | ||
| Q1 24 | $37.6M | $88.6M |
自由现金流率MASINSA
| Q4 25 | — | 160.3% | ||
| Q3 25 | 13.7% | 46.6% | ||
| Q2 25 | 17.7% | 39.1% | ||
| Q1 25 | 7.7% | 42.4% | ||
| Q4 24 | 7.7% | 181.2% | ||
| Q3 24 | 3.3% | 52.6% | ||
| Q2 24 | 13.5% | 41.7% | ||
| Q1 24 | 7.6% | 45.2% |
资本支出强度MASINSA
| Q4 25 | — | 20.7% | ||
| Q3 25 | 1.6% | 6.5% | ||
| Q2 25 | 1.0% | 3.2% | ||
| Q1 25 | 0.7% | 3.0% | ||
| Q4 24 | 0.7% | 9.8% | ||
| Q3 24 | 1.7% | 2.0% | ||
| Q2 24 | 1.5% | 1.9% | ||
| Q1 24 | 1.7% | 2.7% |
现金转化率MASINSA
| Q4 25 | — | 14.79× | ||
| Q3 25 | — | 5.44× | ||
| Q2 25 | 1.35× | 4.10× | ||
| Q1 25 | — | 6.59× | ||
| Q4 24 | — | 21.70× | ||
| Q3 24 | 2.61× | 5.65× | ||
| Q2 24 | 4.66× | 4.88× | ||
| Q1 24 | 2.42× | 1.59× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
