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Martin Marietta Materials（MLM）与MSC INDUSTRIAL DIRECT CO INC（MSM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是MSC INDUSTRIAL DIRECT CO INC的1.2倍（$1.1B vs $965.7M），Martin Marietta Materials净利率更高（24.5% vs 5.4%，领先19.1%），MSC INDUSTRIAL DIRECT CO INC同比增速更快（4.0% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $7.4M），过去两年MSC INDUSTRIAL DIRECT CO INC的营收复合增速更高（-3.4% vs -4.5%）
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
MSC工业直销公司（MSC）通过旗下主要子公司MSC工业供应公司，是美国规模最大的工业设备分销商之一，可提供超过150万种金属加工及其他工业类产品，广泛服务于工业制造、维修运维等领域的客户需求。
MLM vs MSM — 直观对比
营收规模更大
MLM
是对方的1.2倍
$965.7M
营收增速更快
MSM
高出34.2%
-30.1%
净利率更高
MLM
高出19.1%
5.4%
自由现金流更多
MLM
多$416.6M
$7.4M
两年增速更快
MSM
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $965.7M |
| 净利润 | $279.0M | $51.8M |
| 毛利率 | 35.0% | 40.7% |
| 营业利润率 | 24.6% | 7.9% |
| 净利率 | 24.5% | 5.4% |
| 营收同比 | -30.1% | 4.0% |
| 净利润同比 | -4.8% | 11.1% |
| 每股收益（稀释后） | $4.59 | $0.93 |
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MLMMSM
| Q4 25 | $1.1B | $965.7M | ||
| Q3 25 | $1.8B | $978.2M | ||
| Q2 25 | $1.8B | $971.1M | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.6B | $928.5M | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.8B | $979.4M | ||
| Q1 24 | $1.3B | $935.3M |
净利润MLMMSM
| Q4 25 | $279.0M | $51.8M | ||
| Q3 25 | $414.0M | $56.5M | ||
| Q2 25 | $328.0M | $56.8M | ||
| Q1 25 | $116.0M | — | ||
| Q4 24 | $293.0M | $46.6M | ||
| Q3 24 | $363.0M | — | ||
| Q2 24 | $294.0M | $71.7M | ||
| Q1 24 | $1.0B | $61.8M |
毛利率MLMMSM
| Q4 25 | 35.0% | 40.7% | ||
| Q3 25 | 33.1% | 40.4% | ||
| Q2 25 | 30.0% | 41.0% | ||
| Q1 25 | 24.8% | — | ||
| Q4 24 | 30.0% | 40.7% | ||
| Q3 24 | 31.7% | — | ||
| Q2 24 | 29.3% | 40.9% | ||
| Q1 24 | 21.7% | 41.5% |
营业利润率MLMMSM
| Q4 25 | 24.6% | 7.9% | ||
| Q3 25 | 27.4% | 8.6% | ||
| Q2 25 | 25.3% | 8.5% | ||
| Q1 25 | 14.3% | — | ||
| Q4 24 | 24.4% | 7.8% | ||
| Q3 24 | 25.9% | — | ||
| Q2 24 | 22.6% | 10.9% | ||
| Q1 24 | — | 9.7% |
净利率MLMMSM
| Q4 25 | 24.5% | 5.4% | ||
| Q3 25 | 22.4% | 5.8% | ||
| Q2 25 | 18.1% | 5.9% | ||
| Q1 25 | 8.6% | — | ||
| Q4 24 | 18.0% | 5.0% | ||
| Q3 24 | 19.2% | — | ||
| Q2 24 | 16.7% | 7.3% | ||
| Q1 24 | 83.5% | 6.6% |
每股收益（稀释后）MLMMSM
| Q4 25 | $4.59 | $0.93 | ||
| Q3 25 | $6.85 | $1.02 | ||
| Q2 25 | $5.43 | $1.02 | ||
| Q1 25 | $1.90 | — | ||
| Q4 24 | $4.87 | $0.83 | ||
| Q3 24 | $5.91 | — | ||
| Q2 24 | $4.76 | $1.27 | ||
| Q1 24 | $16.87 | $1.10 |
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 | $67.0M | $40.3M |
| 总债务越低越好 | $5.3B | $214.1M |
| 股东权益账面价值 | $10.0B | $1.4B |
| 总资产 | $18.7B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.53× | 0.16× |
8季度趋势，按日历期对齐
现金及短期投资MLMMSM
| Q4 25 | $67.0M | $40.3M | ||
| Q3 25 | $57.0M | $56.2M | ||
| Q2 25 | $225.0M | $71.7M | ||
| Q1 25 | $101.0M | — | ||
| Q4 24 | $670.0M | $57.3M | ||
| Q3 24 | $52.0M | — | ||
| Q2 24 | $109.0M | $25.9M | ||
| Q1 24 | $2.6B | $22.2M |
总债务MLMMSM
| Q4 25 | $5.3B | $214.1M | ||
| Q3 25 | $5.5B | $168.8M | ||
| Q2 25 | $5.4B | $285.0M | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | $289.9M | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.3B | $299.8M | ||
| Q1 24 | $4.3B | $294.5M |
股东权益MLMMSM
| Q4 25 | $10.0B | $1.4B | ||
| Q3 25 | $9.7B | $1.4B | ||
| Q2 25 | $9.4B | $1.4B | ||
| Q1 25 | $9.1B | — | ||
| Q4 24 | $9.5B | $1.4B | ||
| Q3 24 | $9.2B | — | ||
| Q2 24 | $8.8B | $1.4B | ||
| Q1 24 | $8.9B | $1.4B |
总资产MLMMSM
| Q4 25 | $18.7B | $2.5B | ||
| Q3 25 | $18.7B | $2.5B | ||
| Q2 25 | $18.1B | $2.5B | ||
| Q1 25 | $17.7B | — | ||
| Q4 24 | $18.2B | $2.5B | ||
| Q3 24 | $16.5B | — | ||
| Q2 24 | $16.3B | $2.5B | ||
| Q1 24 | $16.2B | $2.5B |
负债/权益比MLMMSM
| Q4 25 | 0.53× | 0.16× | ||
| Q3 25 | 0.57× | 0.12× | ||
| Q2 25 | 0.58× | 0.21× | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.57× | 0.21× | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.49× | 0.21× | ||
| Q1 24 | 0.49× | 0.21× |
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 | $629.0M | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | $7.4M |
| 自由现金流率自由现金流/营收 | 37.2% | 0.8% |
| 资本支出强度资本支出/营收 | 18.0% | 2.3% |
| 现金转化率经营现金流/净利润 | 2.25× | 0.57× |
| 过去12个月自由现金流最近4个季度 | $978.0M | — |
8季度趋势，按日历期对齐
经营现金流MLMMSM
| Q4 25 | $629.0M | $29.4M | ||
| Q3 25 | $551.0M | — | ||
| Q2 25 | $387.0M | $151.6M | ||
| Q1 25 | $218.0M | — | ||
| Q4 24 | $686.0M | $101.9M | ||
| Q3 24 | $600.0M | — | ||
| Q2 24 | $1.0M | $143.5M | ||
| Q1 24 | $172.0M | $78.7M |
自由现金流MLMMSM
| Q4 25 | $424.0M | $7.4M | ||
| Q3 25 | $361.0M | — | ||
| Q2 25 | $208.0M | $100.7M | ||
| Q1 25 | $-15.0M | — | ||
| Q4 24 | $453.0M | $81.7M | ||
| Q3 24 | $317.0M | — | ||
| Q2 24 | $-138.0M | $114.0M | ||
| Q1 24 | $-28.0M | $53.4M |
自由现金流率MLMMSM
| Q4 25 | 37.2% | 0.8% | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 11.5% | 10.4% | ||
| Q1 25 | -1.1% | — | ||
| Q4 24 | 27.8% | 8.8% | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | -7.8% | 11.6% | ||
| Q1 24 | -2.2% | 5.7% |
资本支出强度MLMMSM
| Q4 25 | 18.0% | 2.3% | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 9.9% | 5.2% | ||
| Q1 25 | 17.2% | — | ||
| Q4 24 | 14.3% | 2.2% | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 7.9% | 3.0% | ||
| Q1 24 | 16.0% | 2.7% |
现金转化率MLMMSM
| Q4 25 | 2.25× | 0.57× | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.18× | 2.67× | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 2.34× | 2.18× | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 0.00× | 2.00× | ||
| Q1 24 | 0.16× | 1.27× |
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
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
MSM
暂无分部数据
