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MIDDLEBY Corp（MIDD）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
MIDDLEBY Corp的季度营收约是Monolithic Power Systems的1.2倍（$866.4M vs $751.2M），Monolithic Power Systems净利率更高（22.9% vs 4.3%，领先18.6%），Monolithic Power Systems同比增速更快（20.8% vs -30.6%），MIDDLEBY Corp自由现金流更多（$165.5M vs $63.9M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% vs -3.3%）
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
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。
MIDD vs MPWR — 直观对比
营收规模更大
MIDD
是对方的1.2倍
$751.2M
营收增速更快
MPWR
高出51.4%
-30.6%
净利率更高
MPWR
高出18.6%
4.3%
自由现金流更多
MIDD
多$101.6M
$63.9M
两年增速更快
MPWR
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $866.4M | $751.2M |
| 净利润 | $36.9M | $171.7M |
| 毛利率 | 38.8% | 55.2% |
| 营业利润率 | 17.3% | 26.6% |
| 净利率 | 4.3% | 22.9% |
| 营收同比 | -30.6% | 20.8% |
| 净利润同比 | -67.1% | -86.3% |
| 每股收益（稀释后） | $0.74 | $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MIDDMPWR
| Q4 25 | $866.4M | $751.2M | ||
| Q3 25 | $982.1M | $737.2M | ||
| Q2 25 | $977.9M | $664.6M | ||
| Q1 25 | $906.6M | $637.6M | ||
| Q4 24 | $1.0B | $621.7M | ||
| Q3 24 | $942.8M | $620.1M | ||
| Q2 24 | $991.5M | $507.4M | ||
| Q1 24 | $926.9M | $457.9M |
净利润MIDDMPWR
| Q4 25 | $36.9M | $171.7M | ||
| Q3 25 | $-513.0M | $179.8M | ||
| Q2 25 | $106.0M | $135.0M | ||
| Q1 25 | $92.4M | $135.1M | ||
| Q4 24 | $112.3M | $1.3B | ||
| Q3 24 | $114.2M | $144.4M | ||
| Q2 24 | $115.4M | $100.4M | ||
| Q1 24 | $86.6M | $92.5M |
毛利率MIDDMPWR
| Q4 25 | 38.8% | 55.2% | ||
| Q3 25 | 36.8% | 55.1% | ||
| Q2 25 | 38.0% | 55.1% | ||
| Q1 25 | 38.2% | 55.4% | ||
| Q4 24 | 38.4% | 55.4% | ||
| Q3 24 | 37.7% | 55.4% | ||
| Q2 24 | 38.3% | 55.3% | ||
| Q1 24 | 37.4% | 55.1% |
营业利润率MIDDMPWR
| Q4 25 | 17.3% | 26.6% | ||
| Q3 25 | -56.4% | 26.5% | ||
| Q2 25 | 15.9% | 24.8% | ||
| Q1 25 | 15.5% | 26.5% | ||
| Q4 24 | 16.8% | 26.3% | ||
| Q3 24 | 18.4% | 26.5% | ||
| Q2 24 | 17.7% | 23.0% | ||
| Q1 24 | 14.8% | 20.9% |
净利率MIDDMPWR
| Q4 25 | 4.3% | 22.9% | ||
| Q3 25 | -52.2% | 24.4% | ||
| Q2 25 | 10.8% | 20.3% | ||
| Q1 25 | 10.2% | 21.2% | ||
| Q4 24 | 11.1% | 201.8% | ||
| Q3 24 | 12.1% | 23.3% | ||
| Q2 24 | 11.6% | 19.8% | ||
| Q1 24 | 9.3% | 20.2% |
每股收益（稀释后）MIDDMPWR
| Q4 25 | $0.74 | $3.50 | ||
| Q3 25 | $-10.15 | $3.74 | ||
| Q2 25 | $1.99 | $2.81 | ||
| Q1 25 | $1.69 | $2.81 | ||
| Q4 24 | $2.07 | $25.71 | ||
| Q3 24 | $2.11 | $2.95 | ||
| Q2 24 | $2.13 | $2.05 | ||
| Q1 24 | $1.59 | $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 | $222.2M | $1.3B |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.8B | $3.5B |
| 总资产 | $6.3B | $4.2B |
| 负债/权益比越低杠杆越低 | 0.78× | — |
8季度趋势，按日历期对齐
现金及短期投资MIDDMPWR
| Q4 25 | $222.2M | $1.3B | ||
| Q3 25 | $175.1M | $1.3B | ||
| Q2 25 | $511.5M | $1.1B | ||
| Q1 25 | $745.1M | $1.0B | ||
| Q4 24 | $689.5M | $862.9M | ||
| Q3 24 | $606.0M | $1.5B | ||
| Q2 24 | $459.5M | $1.3B | ||
| Q1 24 | $341.0M | $1.3B |
总债务MIDDMPWR
| Q4 25 | $2.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MIDDMPWR
| Q4 25 | $2.8B | $3.5B | ||
| Q3 25 | $2.9B | $3.4B | ||
| Q2 25 | $3.6B | $3.2B | ||
| Q1 25 | $3.7B | $3.1B | ||
| Q4 24 | $3.6B | $3.0B | ||
| Q3 24 | $3.6B | $2.4B | ||
| Q2 24 | $3.4B | $2.2B | ||
| Q1 24 | $3.3B | $2.1B |
总资产MIDDMPWR
| Q4 25 | $6.3B | $4.2B | ||
| Q3 25 | $6.4B | $4.1B | ||
| Q2 25 | $7.3B | $3.9B | ||
| Q1 25 | $7.4B | $3.7B | ||
| Q4 24 | $7.3B | $3.5B | ||
| Q3 24 | $7.2B | $2.9B | ||
| Q2 24 | $7.0B | $2.6B | ||
| Q1 24 | $6.9B | $2.6B |
负债/权益比MIDDMPWR
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | — | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $63.9M |
| 自由现金流率自由现金流/营收 | 19.1% | 8.5% |
| 资本支出强度资本支出/营收 | 1.5% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.61× |
| 过去12个月自由现金流最近4个季度 | $530.1M | $666.2M |
8季度趋势，按日历期对齐
经营现金流MIDDMPWR
| Q4 25 | — | $104.9M | ||
| Q3 25 | $176.3M | $239.3M | ||
| Q2 25 | $122.0M | $237.6M | ||
| Q1 25 | $141.1M | $256.4M | ||
| Q4 24 | $239.7M | $167.7M | ||
| Q3 24 | $156.7M | $231.7M | ||
| Q2 24 | $149.5M | $141.0M | ||
| Q1 24 | $140.9M | $248.1M |
自由现金流MIDDMPWR
| Q4 25 | $165.5M | $63.9M | ||
| Q3 25 | $156.1M | $196.8M | ||
| Q2 25 | $101.1M | $189.5M | ||
| Q1 25 | $107.4M | $216.0M | ||
| Q4 24 | $226.6M | $102.9M | ||
| Q3 24 | $145.2M | $197.9M | ||
| Q2 24 | $138.6M | $109.5M | ||
| Q1 24 | $127.2M | $232.1M |
自由现金流率MIDDMPWR
| Q4 25 | 19.1% | 8.5% | ||
| Q3 25 | 15.9% | 26.7% | ||
| Q2 25 | 10.3% | 28.5% | ||
| Q1 25 | 11.8% | 33.9% | ||
| Q4 24 | 22.3% | 16.5% | ||
| Q3 24 | 15.4% | 31.9% | ||
| Q2 24 | 14.0% | 21.6% | ||
| Q1 24 | 13.7% | 50.7% |
资本支出强度MIDDMPWR
| Q4 25 | 1.5% | 5.5% | ||
| Q3 25 | 2.1% | 5.8% | ||
| Q2 25 | 2.1% | 7.2% | ||
| Q1 25 | 3.7% | 6.3% | ||
| Q4 24 | 1.3% | 10.4% | ||
| Q3 24 | 1.2% | 5.5% | ||
| Q2 24 | 1.1% | 6.2% | ||
| Q1 24 | 1.5% | 3.5% |
现金转化率MIDDMPWR
| Q4 25 | — | 0.61× | ||
| Q3 25 | — | 1.33× | ||
| Q2 25 | 1.15× | 1.76× | ||
| Q1 25 | 1.53× | 1.90× | ||
| Q4 24 | 2.13× | 0.13× | ||
| Q3 24 | 1.37× | 1.60× | ||
| Q2 24 | 1.30× | 1.40× | ||
| Q1 24 | 1.63× | 2.68× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
