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M/I HOMES, INC.（MHO）与Monolithic Power Systems（MPWR）财务数据对比。点击上方公司名可切换其他公司
M/I HOMES, INC.的季度营收约是Monolithic Power Systems的1.5倍（$1.1B vs $751.2M），Monolithic Power Systems净利率更高（22.9% vs 5.6%，领先17.3%），Monolithic Power Systems同比增速更快（20.8% vs -4.8%），Monolithic Power Systems自由现金流更多（$63.9M vs $-13.0M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs 4.7%）
M/I Homes是美国领先的住宅建筑企业，主要设计、建造及销售独栋住宅、联排住宅与复式公寓，业务覆盖美国多州，面向首次置业、改善型及高端置业群体，提供节能住宅产品与个性化定制服务。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
MHO vs MPWR — 直观对比
营收规模更大
MHO
是对方的1.5倍
$751.2M
营收增速更快
MPWR
高出25.6%
-4.8%
净利率更高
MPWR
高出17.3%
5.6%
自由现金流更多
MPWR
多$76.9M
$-13.0M
两年增速更快
MPWR
近两年复合增速
4.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $751.2M |
| 净利润 | $64.0M | $171.7M |
| 毛利率 | 17.4% | 55.2% |
| 营业利润率 | 6.5% | 26.6% |
| 净利率 | 5.6% | 22.9% |
| 营收同比 | -4.8% | 20.8% |
| 净利润同比 | -52.1% | -86.3% |
| 每股收益（稀释后） | $2.42 | $3.50 |
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MHOMPWR
| Q4 25 | $1.1B | $751.2M | ||
| Q3 25 | $1.1B | $737.2M | ||
| Q2 25 | $1.2B | $664.6M | ||
| Q1 25 | $976.1M | $637.6M | ||
| Q4 24 | $1.2B | $621.7M | ||
| Q3 24 | $1.1B | $620.1M | ||
| Q2 24 | $1.1B | $507.4M | ||
| Q1 24 | $1.0B | $457.9M |
净利润MHOMPWR
| Q4 25 | $64.0M | $171.7M | ||
| Q3 25 | $106.5M | $179.8M | ||
| Q2 25 | $121.2M | $135.0M | ||
| Q1 25 | $111.2M | $135.1M | ||
| Q4 24 | $133.5M | $1.3B | ||
| Q3 24 | $145.4M | $144.4M | ||
| Q2 24 | $146.7M | $100.4M | ||
| Q1 24 | $138.1M | $92.5M |
毛利率MHOMPWR
| Q4 25 | 17.4% | 55.2% | ||
| Q3 25 | 24.5% | 55.1% | ||
| Q2 25 | 24.7% | 55.1% | ||
| Q1 25 | 25.9% | 55.4% | ||
| Q4 24 | 24.6% | 55.4% | ||
| Q3 24 | 27.1% | 55.4% | ||
| Q2 24 | 27.9% | 55.3% | ||
| Q1 24 | 27.1% | 55.1% |
营业利润率MHOMPWR
| Q4 25 | 6.5% | 26.6% | ||
| Q3 25 | 12.0% | 26.5% | ||
| Q2 25 | 13.4% | 24.8% | ||
| Q1 25 | 14.4% | 26.5% | ||
| Q4 24 | 13.6% | 26.3% | ||
| Q3 24 | 15.9% | 26.5% | ||
| Q2 24 | 16.8% | 23.0% | ||
| Q1 24 | 16.6% | 20.9% |
净利率MHOMPWR
| Q4 25 | 5.6% | 22.9% | ||
| Q3 25 | 9.4% | 24.4% | ||
| Q2 25 | 10.4% | 20.3% | ||
| Q1 25 | 11.4% | 21.2% | ||
| Q4 24 | 11.1% | 201.8% | ||
| Q3 24 | 12.7% | 23.3% | ||
| Q2 24 | 13.2% | 19.8% | ||
| Q1 24 | 13.2% | 20.2% |
每股收益（稀释后）MHOMPWR
| Q4 25 | $2.42 | $3.50 | ||
| Q3 25 | $3.92 | $3.74 | ||
| Q2 25 | $4.42 | $2.81 | ||
| Q1 25 | $3.98 | $2.81 | ||
| Q4 24 | $4.71 | $25.71 | ||
| Q3 24 | $5.10 | $2.95 | ||
| Q2 24 | $5.12 | $2.05 | ||
| Q1 24 | $4.78 | $1.89 |
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 | — | $1.3B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.2B | $3.5B |
| 总资产 | $4.8B | $4.2B |
| 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MHOMPWR
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $862.9M | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
股东权益MHOMPWR
| Q4 25 | $3.2B | $3.5B | ||
| Q3 25 | $3.1B | $3.4B | ||
| Q2 25 | $3.1B | $3.2B | ||
| Q1 25 | $3.0B | $3.1B | ||
| Q4 24 | $2.9B | $3.0B | ||
| Q3 24 | $2.8B | $2.4B | ||
| Q2 24 | $2.7B | $2.2B | ||
| Q1 24 | $2.6B | $2.1B |
总资产MHOMPWR
| Q4 25 | $4.8B | $4.2B | ||
| Q3 25 | $4.8B | $4.1B | ||
| Q2 25 | $4.7B | $3.9B | ||
| Q1 25 | $4.6B | $3.7B | ||
| Q4 24 | $4.5B | $3.5B | ||
| Q3 24 | $4.5B | $2.9B | ||
| Q2 24 | $4.3B | $2.6B | ||
| Q1 24 | $4.2B | $2.6B |
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 | $-8.7M | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $63.9M |
| 自由现金流率自由现金流/营收 | -1.1% | 8.5% |
| 资本支出强度资本支出/营收 | 0.4% | 5.5% |
| 现金转化率经营现金流/净利润 | -0.14× | 0.61× |
| 过去12个月自由现金流最近4个季度 | $127.7M | $666.2M |
8季度趋势，按日历期对齐
经营现金流MHOMPWR
| Q4 25 | $-8.7M | $104.9M | ||
| Q3 25 | $43.4M | $239.3M | ||
| Q2 25 | $37.8M | $237.6M | ||
| Q1 25 | $64.9M | $256.4M | ||
| Q4 24 | $104.4M | $167.7M | ||
| Q3 24 | $-67.9M | $231.7M | ||
| Q2 24 | $27.5M | $141.0M | ||
| Q1 24 | $115.8M | $248.1M |
自由现金流MHOMPWR
| Q4 25 | $-13.0M | $63.9M | ||
| Q3 25 | $42.0M | $196.8M | ||
| Q2 25 | $35.1M | $189.5M | ||
| Q1 25 | $63.5M | $216.0M | ||
| Q4 24 | $102.3M | $102.9M | ||
| Q3 24 | $-68.5M | $197.9M | ||
| Q2 24 | $22.0M | $109.5M | ||
| Q1 24 | $115.5M | $232.1M |
自由现金流率MHOMPWR
| Q4 25 | -1.1% | 8.5% | ||
| Q3 25 | 3.7% | 26.7% | ||
| Q2 25 | 3.0% | 28.5% | ||
| Q1 25 | 6.5% | 33.9% | ||
| Q4 24 | 8.5% | 16.5% | ||
| Q3 24 | -6.0% | 31.9% | ||
| Q2 24 | 2.0% | 21.6% | ||
| Q1 24 | 11.0% | 50.7% |
资本支出强度MHOMPWR
| Q4 25 | 0.4% | 5.5% | ||
| Q3 25 | 0.1% | 5.8% | ||
| Q2 25 | 0.2% | 7.2% | ||
| Q1 25 | 0.1% | 6.3% | ||
| Q4 24 | 0.2% | 10.4% | ||
| Q3 24 | 0.1% | 5.5% | ||
| Q2 24 | 0.5% | 6.2% | ||
| Q1 24 | 0.0% | 3.5% |
现金转化率MHOMPWR
| Q4 25 | -0.14× | 0.61× | ||
| Q3 25 | 0.41× | 1.33× | ||
| Q2 25 | 0.31× | 1.76× | ||
| Q1 25 | 0.58× | 1.90× | ||
| Q4 24 | 0.78× | 0.13× | ||
| Q3 24 | -0.47× | 1.60× | ||
| Q2 24 | 0.19× | 1.40× | ||
| Q1 24 | 0.84× | 2.68× |
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
MHO
| Southern Homebuilding | $615.6M | 54% |
| Northern Homebuilding | $503.9M | 44% |
| Financial Service | $27.8M | 2% |
| Land | $4.7M | 0% |
MPWR
暂无分部数据
