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摩托罗拉解决方案（MSI）与Post Holdings, Inc.（POST）财务数据对比。点击上方公司名可切换其他公司
摩托罗拉解决方案的季度营收约是Post Holdings, Inc.的1.6倍（$3.4B vs $2.2B），摩托罗拉解决方案净利率更高（19.2% vs 4.5%，领先14.7%），摩托罗拉解决方案同比增速更快（12.3% vs 10.1%），摩托罗拉解决方案自由现金流更多（$1.1B vs $119.3M），过去两年摩托罗拉解决方案的营收复合增速更高（18.9% vs 4.3%）
摩托罗拉解决方案是美国科技企业，总部位于伊利诺伊州芝加哥，2011年由摩托罗拉公司拆分成立。公司面向公共安全部门及企业客户，提供关键通信、视频安防、指挥中心技术等安全防护类产品与服务。
Post Holdings, Inc.是美国头部包装消费品食品生产商，旗下拥有知名食品业务板块Post Consumer Brands，总部坐落于明尼苏达州莱克维尔，其生产的食品类快消品覆盖北美及全球多个市场，深受消费者喜爱。
MSI vs POST — 直观对比
营收规模更大
MSI
是对方的1.6倍
$2.2B
营收增速更快
MSI
高出2.2%
10.1%
净利率更高
MSI
高出14.7%
4.5%
自由现金流更多
MSI
多$1.0B
$119.3M
两年增速更快
MSI
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.4B | $2.2B |
| 净利润 | $649.0M | $96.8M |
| 毛利率 | 52.3% | 29.4% |
| 营业利润率 | 27.9% | 11.0% |
| 净利率 | 19.2% | 4.5% |
| 营收同比 | 12.3% | 10.1% |
| 净利润同比 | 6.2% | -14.6% |
| 每股收益（稀释后） | $3.85 | $1.71 |
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MSIPOST
| Q4 25 | $3.4B | $2.2B | ||
| Q3 25 | $3.0B | $2.2B | ||
| Q2 25 | $2.8B | $2.0B | ||
| Q1 25 | $2.5B | $2.0B | ||
| Q4 24 | $3.0B | $2.0B | ||
| Q3 24 | $2.8B | $2.0B | ||
| Q2 24 | $2.6B | $1.9B | ||
| Q1 24 | $2.4B | $2.0B |
净利润MSIPOST
| Q4 25 | $649.0M | $96.8M | ||
| Q3 25 | $562.0M | $51.0M | ||
| Q2 25 | $513.0M | $108.8M | ||
| Q1 25 | $430.0M | $62.6M | ||
| Q4 24 | $611.0M | $113.3M | ||
| Q3 24 | $562.0M | $81.6M | ||
| Q2 24 | $443.0M | $99.8M | ||
| Q1 24 | $-39.0M | $97.2M |
毛利率MSIPOST
| Q4 25 | 52.3% | 29.4% | ||
| Q3 25 | 51.6% | 26.8% | ||
| Q2 25 | 51.1% | 30.0% | ||
| Q1 25 | 51.4% | 28.0% | ||
| Q4 24 | 51.4% | 30.1% | ||
| Q3 24 | 51.4% | 28.6% | ||
| Q2 24 | 51.0% | 29.6% | ||
| Q1 24 | 49.9% | 29.0% |
营业利润率MSIPOST
| Q4 25 | 27.9% | 11.0% | ||
| Q3 25 | 25.6% | 7.5% | ||
| Q2 25 | 25.0% | 11.8% | ||
| Q1 25 | 23.0% | 9.3% | ||
| Q4 24 | 27.0% | 10.8% | ||
| Q3 24 | 25.5% | 9.5% | ||
| Q2 24 | 24.5% | 10.4% | ||
| Q1 24 | 21.7% | 9.5% |
净利率MSIPOST
| Q4 25 | 19.2% | 4.5% | ||
| Q3 25 | 18.7% | 2.3% | ||
| Q2 25 | 18.6% | 5.5% | ||
| Q1 25 | 17.0% | 3.2% | ||
| Q4 24 | 20.3% | 5.7% | ||
| Q3 24 | 20.1% | 4.1% | ||
| Q2 24 | 16.9% | 5.1% | ||
| Q1 24 | -1.6% | 4.9% |
每股收益（稀释后）MSIPOST
| Q4 25 | $3.85 | $1.71 | ||
| Q3 25 | $3.33 | $0.91 | ||
| Q2 25 | $3.04 | $1.79 | ||
| Q1 25 | $2.53 | $1.03 | ||
| Q4 24 | $3.57 | $1.78 | ||
| Q3 24 | $3.29 | $1.28 | ||
| Q2 24 | $2.60 | $1.53 | ||
| Q1 24 | $-0.23 | $1.48 |
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 | $1.2B | $279.3M |
| 总债务越低越好 | — | $7.5B |
| 股东权益账面价值 | $2.4B | $3.5B |
| 总资产 | $19.4B | $13.0B |
| 负债/权益比越低杠杆越低 | — | 2.16× |
8季度趋势，按日历期对齐
现金及短期投资MSIPOST
| Q4 25 | $1.2B | $279.3M | ||
| Q3 25 | $894.0M | $176.7M | ||
| Q2 25 | $3.2B | $1.1B | ||
| Q1 25 | $1.6B | $617.6M | ||
| Q4 24 | $2.1B | $872.9M | ||
| Q3 24 | $1.4B | $787.4M | ||
| Q2 24 | $1.4B | $333.8M | ||
| Q1 24 | $1.5B | $333.4M |
总债务MSIPOST
| Q4 25 | — | $7.5B | ||
| Q3 25 | — | $7.4B | ||
| Q2 25 | — | $7.3B | ||
| Q1 25 | — | $6.9B | ||
| Q4 24 | — | $6.9B | ||
| Q3 24 | — | $6.8B | ||
| Q2 24 | — | $6.4B | ||
| Q1 24 | — | $6.4B |
股东权益MSIPOST
| Q4 25 | $2.4B | $3.5B | ||
| Q3 25 | $2.3B | $3.8B | ||
| Q2 25 | $2.0B | $4.0B | ||
| Q1 25 | $1.6B | $3.8B | ||
| Q4 24 | $1.7B | $3.9B | ||
| Q3 24 | $1.3B | $4.1B | ||
| Q2 24 | $802.0M | $3.9B | ||
| Q1 24 | $521.0M | $4.0B |
总资产MSIPOST
| Q4 25 | $19.4B | $13.0B | ||
| Q3 25 | $18.8B | $13.5B | ||
| Q2 25 | $16.4B | $13.4B | ||
| Q1 25 | $14.4B | $12.8B | ||
| Q4 24 | $14.6B | $12.8B | ||
| Q3 24 | $13.9B | $12.9B | ||
| Q2 24 | $13.3B | $12.1B | ||
| Q1 24 | $13.3B | $12.2B |
负债/权益比MSIPOST
| Q4 25 | — | 2.16× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.84× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 1.79× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | — | 1.62× | ||
| Q1 24 | — | 1.61× |
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 | $1.3B | $235.7M |
| 自由现金流经营现金流 - 资本支出 | $1.1B | $119.3M |
| 自由现金流率自由现金流/营收 | 33.8% | 5.5% |
| 资本支出强度资本支出/营收 | 3.4% | 5.4% |
| 现金转化率经营现金流/净利润 | 1.94× | 2.43× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $436.0M |
8季度趋势，按日历期对齐
经营现金流MSIPOST
| Q4 25 | $1.3B | $235.7M | ||
| Q3 25 | $798.0M | $301.3M | ||
| Q2 25 | $273.0M | $225.9M | ||
| Q1 25 | $510.0M | $160.7M | ||
| Q4 24 | $1.1B | $310.4M | ||
| Q3 24 | $759.0M | $235.4M | ||
| Q2 24 | $180.0M | $272.3M | ||
| Q1 24 | $382.0M | $249.6M |
自由现金流MSIPOST
| Q4 25 | $1.1B | $119.3M | ||
| Q3 25 | $732.0M | $151.6M | ||
| Q2 25 | $225.0M | $94.9M | ||
| Q1 25 | $473.0M | $70.2M | ||
| Q4 24 | $984.0M | $171.4M | ||
| Q3 24 | $702.0M | $96.2M | ||
| Q2 24 | $112.0M | $161.5M | ||
| Q1 24 | $336.0M | $150.9M |
自由现金流率MSIPOST
| Q4 25 | 33.8% | 5.5% | ||
| Q3 25 | 24.3% | 6.7% | ||
| Q2 25 | 8.1% | 4.8% | ||
| Q1 25 | 18.7% | 3.6% | ||
| Q4 24 | 32.7% | 8.7% | ||
| Q3 24 | 25.2% | 4.8% | ||
| Q2 24 | 4.3% | 8.3% | ||
| Q1 24 | 14.1% | 7.5% |
资本支出强度MSIPOST
| Q4 25 | 3.4% | 5.4% | ||
| Q3 25 | 2.2% | 6.7% | ||
| Q2 25 | 1.7% | 6.6% | ||
| Q1 25 | 1.5% | 4.6% | ||
| Q4 24 | 2.9% | 7.0% | ||
| Q3 24 | 2.0% | 6.9% | ||
| Q2 24 | 2.6% | 5.7% | ||
| Q1 24 | 1.9% | 4.9% |
现金转化率MSIPOST
| Q4 25 | 1.94× | 2.43× | ||
| Q3 25 | 1.42× | 5.91× | ||
| Q2 25 | 0.53× | 2.08× | ||
| Q1 25 | 1.19× | 2.57× | ||
| Q4 24 | 1.75× | 2.74× | ||
| Q3 24 | 1.35× | 2.88× | ||
| Q2 24 | 0.41× | 2.73× | ||
| Q1 24 | — | 2.57× |
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
MSI
| Product And Systems Integration Segment | $1.5B | 45% |
| Services And Software Segment | $833.0M | 25% |
| Sales Channel Through Intermediary | $772.0M | 23% |
| Command Center Software | $258.0M | 8% |
POST
| Post Consumer Brands Segment | $1.1B | 51% |
| Pet Food | $360.4M | 17% |
| Side Dishes | $221.5M | 10% |
| Weetabix | $137.9M | 6% |
| Other | $122.1M | 6% |
| Nut Butters | $105.8M | 5% |
| Sausage | $53.1M | 2% |
| Cheeseand Dairy | $41.3M | 2% |
| Protein Based Shakes | $29.3M | 1% |
| Bell Ring | $18.1M | 1% |
