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迈心诺（MASI）与STANDARD MOTOR PRODUCTS, INC.（SMP）财务数据对比。点击上方公司名可切换其他公司
STANDARD MOTOR PRODUCTS, INC.的季度营收约是迈心诺的1.0倍（$385.1M vs $371.5M），STANDARD MOTOR PRODUCTS, INC.净利率更高（2.0% vs -27.0%，领先29.1%），STANDARD MOTOR PRODUCTS, INC.同比增速更快（12.2% vs -26.4%），迈心诺自由现金流更多（$50.9M vs $-37.6M），过去两年STANDARD MOTOR PRODUCTS, INC.的营收复合增速更高（7.8% 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。
标准汽车产品公司（SMP）是一家汽车零部件制造商与经销商，由埃利亚斯·法伊夫和拉尔夫·范艾伦于1919年合伙创立，1926年完成法人注册，总部位于纽约长岛市，在纽约证券交易所上市。公司目前设有车辆控制、温控、工程解决方案和尼森斯四大运营板块，为汽车售后市场供应相关零部件产品。
MASI vs SMP — 直观对比
营收规模更大
SMP
是对方的1.0倍
$371.5M
营收增速更快
SMP
高出38.5%
-26.4%
净利率更高
SMP
高出29.1%
-27.0%
自由现金流更多
MASI
多$88.5M
$-37.6M
两年增速更快
SMP
近两年复合增速
-17.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $371.5M | $385.1M |
| 净利润 | $-100.4M | $7.9M |
| 毛利率 | 62.1% | 31.7% |
| 营业利润率 | 22.5% | 5.6% |
| 净利率 | -27.0% | 2.0% |
| 营收同比 | -26.4% | 12.2% |
| 净利润同比 | -1124.5% | 457.9% |
| 每股收益（稀释后） | $-1.84 | $0.34 |
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MASISMP
| Q4 25 | — | $385.1M | ||
| Q3 25 | $371.5M | $498.8M | ||
| Q2 25 | $370.9M | $493.9M | ||
| Q1 25 | $372.0M | $413.4M | ||
| Q4 24 | $600.7M | $343.4M | ||
| Q3 24 | $504.6M | $399.3M | ||
| Q2 24 | $496.3M | $389.8M | ||
| Q1 24 | $492.8M | $331.4M |
净利润MASISMP
| Q4 25 | — | $7.9M | ||
| Q3 25 | $-100.4M | $-4.3M | ||
| Q2 25 | $51.3M | $25.2M | ||
| Q1 25 | $-170.7M | $12.6M | ||
| Q4 24 | $-349.6M | $-2.2M | ||
| Q3 24 | $9.8M | $3.8M | ||
| Q2 24 | $16.0M | $17.1M | ||
| Q1 24 | $18.9M | $8.8M |
毛利率MASISMP
| Q4 25 | — | 31.7% | ||
| Q3 25 | 62.1% | 32.4% | ||
| Q2 25 | 62.9% | 30.6% | ||
| Q1 25 | 62.9% | 30.2% | ||
| Q4 24 | 40.7% | 29.4% | ||
| Q3 24 | 52.2% | 30.4% | ||
| Q2 24 | 51.3% | 28.6% | ||
| Q1 24 | 49.0% | 27.0% |
营业利润率MASISMP
| Q4 25 | — | 5.6% | ||
| Q3 25 | 22.5% | 9.5% | ||
| Q2 25 | 17.4% | 8.7% | ||
| Q1 25 | 21.0% | 5.9% | ||
| Q4 24 | -59.8% | 1.1% | ||
| Q3 24 | 6.0% | 9.3% | ||
| Q2 24 | 5.7% | 6.4% | ||
| Q1 24 | 6.9% | 4.4% |
净利率MASISMP
| Q4 25 | — | 2.0% | ||
| Q3 25 | -27.0% | -0.9% | ||
| Q2 25 | 13.8% | 5.1% | ||
| Q1 25 | -45.9% | 3.0% | ||
| Q4 24 | -58.2% | -0.6% | ||
| Q3 24 | 1.9% | 1.0% | ||
| Q2 24 | 3.2% | 4.4% | ||
| Q1 24 | 3.8% | 2.7% |
每股收益（稀释后）MASISMP
| Q4 25 | — | $0.34 | ||
| Q3 25 | $-1.84 | $-0.19 | ||
| Q2 25 | $0.94 | $1.13 | ||
| Q1 25 | $-3.12 | $0.56 | ||
| Q4 24 | $-6.54 | $-0.09 | ||
| Q3 24 | $0.18 | $0.17 | ||
| Q2 24 | $0.29 | $0.77 | ||
| Q1 24 | $0.35 | $0.39 |
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 | $618.7M |
| 股东权益账面价值 | $810.0M | $683.7M |
| 总资产 | $1.8B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.69× | 0.90× |
8季度趋势，按日历期对齐
现金及短期投资MASISMP
| Q4 25 | — | — | ||
| Q3 25 | $312.3M | $87.2M | ||
| Q2 25 | $149.6M | $58.8M | ||
| Q1 25 | $130.8M | $50.3M | ||
| Q4 24 | $177.6M | $44.4M | ||
| Q3 24 | $158.5M | $26.3M | ||
| Q2 24 | $129.6M | $26.2M | ||
| Q1 24 | $157.6M | $27.1M |
总债务MASISMP
| Q4 25 | — | $618.7M | ||
| Q3 25 | $559.1M | $589.5M | ||
| Q2 25 | $613.7M | $636.6M | ||
| Q1 25 | $651.0M | $650.6M | ||
| Q4 24 | $765.2M | $562.3M | ||
| Q3 24 | $772.6M | $142.8M | ||
| Q2 24 | $781.6M | $208.2M | ||
| Q1 24 | $876.0M | $214.9M |
股东权益MASISMP
| Q4 25 | — | $683.7M | ||
| Q3 25 | $810.0M | $677.4M | ||
| Q2 25 | $1.0B | $688.6M | ||
| Q1 25 | $946.4M | $638.0M | ||
| Q4 24 | $1.1B | $615.7M | ||
| Q3 24 | $1.5B | $638.8M | ||
| Q2 24 | $1.4B | $640.0M | ||
| Q1 24 | $1.4B | $639.1M |
总资产MASISMP
| Q4 25 | — | $2.0B | ||
| Q3 25 | $1.8B | $2.0B | ||
| Q2 25 | $2.4B | $2.0B | ||
| Q1 25 | $2.3B | $1.9B | ||
| Q4 24 | $2.6B | $1.8B | ||
| Q3 24 | $3.1B | $1.4B | ||
| Q2 24 | $2.9B | $1.4B | ||
| Q1 24 | $3.0B | $1.4B |
负债/权益比MASISMP
| Q4 25 | — | 0.90× | ||
| Q3 25 | 0.69× | 0.87× | ||
| Q2 25 | 0.59× | 0.92× | ||
| Q1 25 | 0.69× | 1.02× | ||
| Q4 24 | 0.73× | 0.91× | ||
| Q3 24 | 0.53× | 0.22× | ||
| Q2 24 | 0.57× | 0.33× | ||
| Q1 24 | 0.64× | 0.34× |
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 | $-28.2M |
| 自由现金流经营现金流 - 资本支出 | $50.9M | $-37.6M |
| 自由现金流率自由现金流/营收 | 13.7% | -9.8% |
| 资本支出强度资本支出/营收 | 1.6% | 2.4% |
| 现金转化率经营现金流/净利润 | — | -3.59× |
| 过去12个月自由现金流最近4个季度 | $191.0M | $18.7M |
8季度趋势，按日历期对齐
经营现金流MASISMP
| Q4 25 | — | $-28.2M | ||
| Q3 25 | $56.8M | $91.6M | ||
| Q2 25 | $69.4M | $54.3M | ||
| Q1 25 | $31.1M | $-60.2M | ||
| Q4 24 | $50.5M | $-1.5M | ||
| Q3 24 | $25.6M | $88.3M | ||
| Q2 24 | $74.5M | $35.6M | ||
| Q1 24 | $45.8M | $-45.7M |
自由现金流MASISMP
| Q4 25 | — | $-37.6M | ||
| Q3 25 | $50.9M | $81.5M | ||
| Q2 25 | $65.6M | $44.2M | ||
| Q1 25 | $28.5M | $-69.4M | ||
| Q4 24 | $46.0M | $-11.4M | ||
| Q3 24 | $16.9M | $77.1M | ||
| Q2 24 | $66.9M | $22.7M | ||
| Q1 24 | $37.6M | $-55.8M |
自由现金流率MASISMP
| Q4 25 | — | -9.8% | ||
| Q3 25 | 13.7% | 16.3% | ||
| Q2 25 | 17.7% | 8.9% | ||
| Q1 25 | 7.7% | -16.8% | ||
| Q4 24 | 7.7% | -3.3% | ||
| Q3 24 | 3.3% | 19.3% | ||
| Q2 24 | 13.5% | 5.8% | ||
| Q1 24 | 7.6% | -16.8% |
资本支出强度MASISMP
| Q4 25 | — | 2.4% | ||
| Q3 25 | 1.6% | 2.0% | ||
| Q2 25 | 1.0% | 2.1% | ||
| Q1 25 | 0.7% | 2.2% | ||
| Q4 24 | 0.7% | 2.9% | ||
| Q3 24 | 1.7% | 2.8% | ||
| Q2 24 | 1.5% | 3.3% | ||
| Q1 24 | 1.7% | 3.0% |
现金转化率MASISMP
| Q4 25 | — | -3.59× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.35× | 2.15× | ||
| Q1 25 | — | -4.79× | ||
| Q4 24 | — | — | ||
| Q3 24 | 2.61× | 23.19× | ||
| Q2 24 | 4.66× | 2.09× | ||
| Q1 24 | 2.42× | -5.18× |
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
SMP
| Engineered Solutions | $66.1M | 17% |
| Electrical And Safety | $63.6M | 17% |
| Temperature Control | $61.5M | 16% |
| Europe Excluding Poland | $55.5M | 14% |
| Other Thermal Components | $30.7M | 8% |
| Air Conditioning | $22.7M | 6% |
| Commercial Vehicle | $19.7M | 5% |
| All Other | $18.9M | 5% |
| PL | $16.0M | 4% |
| Wire Sets And Other | $11.9M | 3% |
| Engine Efficiency | $10.0M | 3% |
| Construction Agriculture | $7.8M | 2% |
