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MSC INDUSTRIAL DIRECT CO INC（MSM）与奇富科技（QFIN）财务数据对比。点击上方公司名可切换其他公司
MSC INDUSTRIAL DIRECT CO INC的季度营收约是奇富科技的1.3倍（$965.7M vs $731.2M），奇富科技净利率更高（27.5% vs 5.4%，领先22.2%），过去两年奇富科技的营收复合增速更高（16.4% vs -3.4%）
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。
奇富科技（原360数科）是中国头部金融科技企业，主要为持牌金融机构提供智能风控、信贷技术解决方案，服务广大个人消费者及中小微企业，依托大数据、人工智能技术提升金融服务的普惠性与运营效率。
MSM vs QFIN — 直观对比
营收规模更大
MSM
是对方的1.3倍
$731.2M
净利率更高
QFIN
高出22.2%
5.4%
两年增速更快
QFIN
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $965.7M | $731.2M |
| 净利润 | $51.8M | $201.2M |
| 毛利率 | 40.7% | — |
| 营业利润率 | 7.9% | 32.7% |
| 净利率 | 5.4% | 27.5% |
| 营收同比 | 4.0% | — |
| 净利润同比 | 11.1% | — |
| 每股收益（稀释后） | $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MSMQFIN
| Q4 25 | $965.7M | — | ||
| Q3 25 | $978.2M | $731.2M | ||
| Q2 25 | $971.1M | $728.1M | ||
| Q1 25 | — | $646.4M | ||
| Q4 24 | $928.5M | — | ||
| Q3 24 | — | $622.7M | ||
| Q2 24 | $979.4M | $572.4M | ||
| Q1 24 | $935.3M | $575.2M |
净利润MSMQFIN
| Q4 25 | $51.8M | — | ||
| Q3 25 | $56.5M | $201.2M | ||
| Q2 25 | $56.8M | $241.6M | ||
| Q1 25 | — | $247.6M | ||
| Q4 24 | $46.6M | — | ||
| Q3 24 | — | $256.3M | ||
| Q2 24 | $71.7M | $189.4M | ||
| Q1 24 | $61.8M | $160.7M |
毛利率MSMQFIN
| Q4 25 | 40.7% | — | ||
| Q3 25 | 40.4% | — | ||
| Q2 25 | 41.0% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 40.7% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 40.9% | — | ||
| Q1 24 | 41.5% | — |
营业利润率MSMQFIN
| Q4 25 | 7.9% | — | ||
| Q3 25 | 8.6% | 32.7% | ||
| Q2 25 | 8.5% | 41.0% | ||
| Q1 25 | — | 42.1% | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | — | 52.4% | ||
| Q2 24 | 10.9% | 47.7% | ||
| Q1 24 | 9.7% | 32.8% |
净利率MSMQFIN
| Q4 25 | 5.4% | — | ||
| Q3 25 | 5.8% | 27.5% | ||
| Q2 25 | 5.9% | 33.2% | ||
| Q1 25 | — | 38.3% | ||
| Q4 24 | 5.0% | — | ||
| Q3 24 | — | 41.2% | ||
| Q2 24 | 7.3% | 33.1% | ||
| Q1 24 | 6.6% | 27.9% |
每股收益（稀释后）MSMQFIN
| Q4 25 | $0.93 | — | ||
| Q3 25 | $1.02 | — | ||
| Q2 25 | $1.02 | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0.83 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $1.27 | — | ||
| Q1 24 | $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 | $40.3M | $6.5B |
| 总债务越低越好 | $214.1M | — |
| 股东权益账面价值 | $1.4B | $24.3B |
| 总资产 | $2.5B | $61.4B |
| 负债/权益比越低杠杆越低 | 0.16× | — |
8季度趋势，按日历期对齐
现金及短期投资MSMQFIN
| Q4 25 | $40.3M | — | ||
| Q3 25 | $56.2M | $6.5B | ||
| Q2 25 | $71.7M | $5.3B | ||
| Q1 25 | — | $8.6B | ||
| Q4 24 | $57.3M | — | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | $25.9M | $6.3B | ||
| Q1 24 | $22.2M | $5.3B |
总债务MSMQFIN
| Q4 25 | $214.1M | — | ||
| Q3 25 | $168.8M | — | ||
| Q2 25 | $285.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $289.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $299.8M | — | ||
| Q1 24 | $294.5M | — |
股东权益MSMQFIN
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | $24.3B | ||
| Q2 25 | $1.4B | $24.1B | ||
| Q1 25 | — | $23.1B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | — | $22.9B | ||
| Q2 24 | $1.4B | $22.6B | ||
| Q1 24 | $1.4B | $22.1B |
总资产MSMQFIN
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.5B | $61.4B | ||
| Q2 25 | $2.5B | $59.8B | ||
| Q1 25 | — | $55.6B | ||
| Q4 24 | $2.5B | — | ||
| Q3 24 | — | $47.0B | ||
| Q2 24 | $2.5B | $47.0B | ||
| Q1 24 | $2.5B | $47.4B |
负债/权益比MSMQFIN
| Q4 25 | 0.16× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | 0.21× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.21× | — | ||
| Q1 24 | 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 | $29.4M | $351.4M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | — |
| 自由现金流率自由现金流/营收 | 0.8% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | 0.57× | 1.75× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MSMQFIN
| Q4 25 | $29.4M | — | ||
| Q3 25 | — | $351.4M | ||
| Q2 25 | $151.6M | $366.0M | ||
| Q1 25 | — | $386.6M | ||
| Q4 24 | $101.9M | — | ||
| Q3 24 | — | $338.0M | ||
| Q2 24 | $143.5M | $269.9M | ||
| Q1 24 | $78.7M | $271.2M |
自由现金流MSMQFIN
| Q4 25 | $7.4M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $100.7M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $81.7M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $114.0M | — | ||
| Q1 24 | $53.4M | — |
自由现金流率MSMQFIN
| Q4 25 | 0.8% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 11.6% | — | ||
| Q1 24 | 5.7% | — |
资本支出强度MSMQFIN
| Q4 25 | 2.3% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 2.7% | — |
现金转化率MSMQFIN
| Q4 25 | 0.57× | — | ||
| Q3 25 | — | 1.75× | ||
| Q2 25 | 2.67× | 1.52× | ||
| Q1 25 | — | 1.56× | ||
| Q4 24 | 2.18× | — | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | 2.00× | 1.43× | ||
| Q1 24 | 1.27× | 1.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
