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迈心诺（MASI）与Regency Centers（REG）财务数据对比。点击上方公司名可切换其他公司
Regency Centers的季度营收约是迈心诺的1.1倍（$404.2M vs $371.5M），Regency Centers净利率更高（50.1% vs -27.0%，领先77.1%），Regency Centers同比增速更快（8.5% vs -26.4%），过去两年Regency Centers的营收复合增速更高（5.4% 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。
Regency Centers是总部位于美国佛罗里达州杰克逊维尔的房地产投资信托基金，也是以超市为核心租户的大型购物中心运营商之一。截至2020年10月21日，公司共持有415处物业，总建筑面积达5600万平方英尺，知名资产包括Serramonte Center及Village District 30%的股权。
MASI vs REG — 直观对比
营收规模更大
REG
是对方的1.1倍
$371.5M
营收增速更快
REG
高出34.9%
-26.4%
净利率更高
REG
高出77.1%
-27.0%
两年增速更快
REG
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $404.2M |
| 净利润 | $-100.4M | $202.5M |
| 毛利率 | 62.1% | — |
| 营业利润率 | 22.5% | 71.0% |
| 净利率 | -27.0% | 50.1% |
| 营收同比 | -26.4% | 8.5% |
| 净利润同比 | -1124.5% | 134.1% |
| 每股收益（稀释后） | $-1.84 | — |
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MASIREG
| Q4 25 | — | $404.2M | ||
| Q3 25 | $371.5M | $387.6M | ||
| Q2 25 | $370.9M | $380.8M | ||
| Q1 25 | $372.0M | $380.9M | ||
| Q4 24 | $600.7M | $372.5M | ||
| Q3 24 | $504.6M | $360.3M | ||
| Q2 24 | $496.3M | $357.3M | ||
| Q1 24 | $492.8M | $363.9M |
净利润MASIREG
| Q4 25 | — | $202.5M | ||
| Q3 25 | $-100.4M | $109.4M | ||
| Q2 25 | $51.3M | $106.0M | ||
| Q1 25 | $-170.7M | $109.6M | ||
| Q4 24 | $-349.6M | $86.5M | ||
| Q3 24 | $9.8M | $101.5M | ||
| Q2 24 | $16.0M | $102.7M | ||
| Q1 24 | $18.9M | $109.8M |
毛利率MASIREG
| Q4 25 | — | — | ||
| Q3 25 | 62.1% | — | ||
| Q2 25 | 62.9% | — | ||
| Q1 25 | 62.9% | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | 52.2% | — | ||
| Q2 24 | 51.3% | — | ||
| Q1 24 | 49.0% | — |
营业利润率MASIREG
| Q4 25 | — | 71.0% | ||
| Q3 25 | 22.5% | 72.7% | ||
| Q2 25 | 17.4% | 73.8% | ||
| Q1 25 | 21.0% | 71.8% | ||
| Q4 24 | -59.8% | 71.1% | ||
| Q3 24 | 6.0% | 72.5% | ||
| Q2 24 | 5.7% | 72.3% | ||
| Q1 24 | 6.9% | 72.3% |
净利率MASIREG
| Q4 25 | — | 50.1% | ||
| Q3 25 | -27.0% | 28.2% | ||
| Q2 25 | 13.8% | 27.8% | ||
| Q1 25 | -45.9% | 28.8% | ||
| Q4 24 | -58.2% | 23.2% | ||
| Q3 24 | 1.9% | 28.2% | ||
| Q2 24 | 3.2% | 28.7% | ||
| Q1 24 | 3.8% | 30.2% |
每股收益（稀释后）MASIREG
| Q4 25 | — | — | ||
| Q3 25 | $-1.84 | — | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $-3.12 | — | ||
| Q4 24 | $-6.54 | — | ||
| Q3 24 | $0.18 | — | ||
| Q2 24 | $0.29 | — | ||
| Q1 24 | $0.35 | — |
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 | — |
| 总债务越低越好 | $559.1M | $4.7B |
| 股东权益账面价值 | $810.0M | $6.9B |
| 总资产 | $1.8B | $13.0B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资MASIREG
| Q4 25 | — | — | ||
| Q3 25 | $312.3M | — | ||
| Q2 25 | $149.6M | — | ||
| Q1 25 | $130.8M | — | ||
| Q4 24 | $177.6M | — | ||
| Q3 24 | $158.5M | — | ||
| Q2 24 | $129.6M | — | ||
| Q1 24 | $157.6M | — |
总债务MASIREG
| Q4 25 | — | $4.7B | ||
| Q3 25 | $559.1M | $4.9B | ||
| Q2 25 | $613.7M | $4.8B | ||
| Q1 25 | $651.0M | $4.6B | ||
| Q4 24 | $765.2M | $4.4B | ||
| Q3 24 | $772.6M | $4.4B | ||
| Q2 24 | $781.6M | $4.4B | ||
| Q1 24 | $876.0M | $4.4B |
股东权益MASIREG
| Q4 25 | — | $6.9B | ||
| Q3 25 | $810.0M | $6.8B | ||
| Q2 25 | $1.0B | $6.7B | ||
| Q1 25 | $946.4M | $6.7B | ||
| Q4 24 | $1.1B | $6.7B | ||
| Q3 24 | $1.5B | $6.8B | ||
| Q2 24 | $1.4B | $6.8B | ||
| Q1 24 | $1.4B | $7.0B |
总资产MASIREG
| Q4 25 | — | $13.0B | ||
| Q3 25 | $1.8B | $13.1B | ||
| Q2 25 | $2.4B | $12.7B | ||
| Q1 25 | $2.3B | $12.6B | ||
| Q4 24 | $2.6B | $12.4B | ||
| Q3 24 | $3.1B | $12.4B | ||
| Q2 24 | $2.9B | $12.4B | ||
| Q1 24 | $3.0B | $12.7B |
负债/权益比MASIREG
| Q4 25 | — | 0.69× | ||
| Q3 25 | 0.69× | 0.72× | ||
| Q2 25 | 0.59× | 0.72× | ||
| Q1 25 | 0.69× | 0.69× | ||
| Q4 24 | 0.73× | 0.66× | ||
| Q3 24 | 0.53× | 0.65× | ||
| Q2 24 | 0.57× | 0.64× | ||
| Q1 24 | 0.64× | 0.63× |
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 | $203.9M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | — |
| 自由现金流率自由现金流/营收 | 13.7% | — |
| 资本支出强度资本支出/营收 | 1.6% | — |
| 现金转化率经营现金流/净利润 | — | 1.01× |
| 过去12个月自由现金流最近4个季度 | $191.0M | — |
8季度趋势，按日历期对齐
经营现金流MASIREG
| Q4 25 | — | $203.9M | ||
| Q3 25 | $56.8M | $218.7M | ||
| Q2 25 | $69.4M | $244.0M | ||
| Q1 25 | $31.1M | $161.0M | ||
| Q4 24 | $50.5M | $191.4M | ||
| Q3 24 | $25.6M | $227.6M | ||
| Q2 24 | $74.5M | $203.5M | ||
| Q1 24 | $45.8M | $167.8M |
自由现金流MASIREG
| Q4 25 | — | — | ||
| Q3 25 | $50.9M | — | ||
| Q2 25 | $65.6M | — | ||
| Q1 25 | $28.5M | — | ||
| Q4 24 | $46.0M | — | ||
| Q3 24 | $16.9M | — | ||
| Q2 24 | $66.9M | — | ||
| Q1 24 | $37.6M | — |
自由现金流率MASIREG
| Q4 25 | — | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 17.7% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 3.3% | — | ||
| Q2 24 | 13.5% | — | ||
| Q1 24 | 7.6% | — |
资本支出强度MASIREG
| Q4 25 | — | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 1.5% | — | ||
| Q1 24 | 1.7% | — |
现金转化率MASIREG
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | 2.00× | ||
| Q2 25 | 1.35× | 2.30× | ||
| Q1 25 | — | 1.47× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | 2.61× | 2.24× | ||
| Q2 24 | 4.66× | 1.98× | ||
| Q1 24 | 2.42× | 1.53× |
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
MASI
暂无分部数据
REG
| Shopping Centers | $418.0M | 103% |
| Propertymanagementservices | $4.1M | 1% |
| Assetmanagementservices | $1.7M | 0% |
