vs
MSC INDUSTRIAL DIRECT CO INC（MSM）与Reddit, Inc.（RDDT）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Reddit, Inc.的1.3倍（$965.7M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 5.4%，领先29.3%），Reddit, Inc.同比增速更快（69.7% vs 4.0%），Reddit, Inc.自由现金流更多（$263.6M vs $7.4M），过去两年Reddit, Inc.的营收复合增速更高（72.8% 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。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
MSM vs RDDT — 直观对比
营收规模更大
MSM
是对方的1.3倍
$725.6M
营收增速更快
RDDT
高出65.6%
4.0%
净利率更高
RDDT
高出29.3%
5.4%
自由现金流更多
RDDT
多$256.2M
$7.4M
两年增速更快
RDDT
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $965.7M | $725.6M |
| 净利润 | $51.8M | $251.6M |
| 毛利率 | 40.7% | 91.9% |
| 营业利润率 | 7.9% | 31.9% |
| 净利率 | 5.4% | 34.7% |
| 营收同比 | 4.0% | 69.7% |
| 净利润同比 | 11.1% | 254.2% |
| 每股收益（稀释后） | $0.93 | $1.24 |
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MSMRDDT
| Q4 25 | $965.7M | $725.6M | ||
| Q3 25 | $978.2M | $584.9M | ||
| Q2 25 | $971.1M | $499.6M | ||
| Q1 25 | — | $392.4M | ||
| Q4 24 | $928.5M | $427.7M | ||
| Q3 24 | — | $348.4M | ||
| Q2 24 | $979.4M | $281.2M | ||
| Q1 24 | $935.3M | $243.0M |
净利润MSMRDDT
| Q4 25 | $51.8M | $251.6M | ||
| Q3 25 | $56.5M | $162.7M | ||
| Q2 25 | $56.8M | $89.3M | ||
| Q1 25 | — | $26.2M | ||
| Q4 24 | $46.6M | $71.0M | ||
| Q3 24 | — | $29.9M | ||
| Q2 24 | $71.7M | $-10.1M | ||
| Q1 24 | $61.8M | $-575.1M |
毛利率MSMRDDT
| Q4 25 | 40.7% | 91.9% | ||
| Q3 25 | 40.4% | 91.0% | ||
| Q2 25 | 41.0% | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | 40.7% | 92.6% | ||
| Q3 24 | — | 90.1% | ||
| Q2 24 | 40.9% | 89.5% | ||
| Q1 24 | 41.5% | 88.6% |
营业利润率MSMRDDT
| Q4 25 | 7.9% | 31.9% | ||
| Q3 25 | 8.6% | 23.7% | ||
| Q2 25 | 8.5% | 13.6% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | 7.8% | 12.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | 10.9% | -11.0% | ||
| Q1 24 | 9.7% | -242.5% |
净利率MSMRDDT
| Q4 25 | 5.4% | 34.7% | ||
| Q3 25 | 5.8% | 27.8% | ||
| Q2 25 | 5.9% | 17.9% | ||
| Q1 25 | — | 6.7% | ||
| Q4 24 | 5.0% | 16.6% | ||
| Q3 24 | — | 8.6% | ||
| Q2 24 | 7.3% | -3.6% | ||
| Q1 24 | 6.6% | -236.7% |
每股收益（稀释后）MSMRDDT
| Q4 25 | $0.93 | $1.24 | ||
| Q3 25 | $1.02 | $0.80 | ||
| Q2 25 | $1.02 | $0.45 | ||
| Q1 25 | — | $0.13 | ||
| Q4 24 | $0.83 | $4.76 | ||
| Q3 24 | — | $0.16 | ||
| Q2 24 | $1.27 | $-0.06 | ||
| Q1 24 | $1.10 | $-8.19 |
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 | $953.6M |
| 总债务越低越好 | $214.1M | — |
| 股东权益账面价值 | $1.4B | $2.9B |
| 总资产 | $2.5B | $3.2B |
| 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MSMRDDT
| Q4 25 | $40.3M | $953.6M | ||
| Q3 25 | $56.2M | $911.7M | ||
| Q2 25 | $71.7M | $734.1M | ||
| Q1 25 | — | $635.7M | ||
| Q4 24 | $57.3M | $562.1M | ||
| Q3 24 | — | $515.9M | ||
| Q2 24 | $25.9M | $468.0M | ||
| Q1 24 | $22.2M | $968.5M |
总债务MSMRDDT
| 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MSMRDDT
| Q4 25 | $1.4B | $2.9B | ||
| Q3 25 | $1.4B | $2.6B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | $1.4B | $2.1B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $1.4B | $1.8B |
总资产MSMRDDT
| Q4 25 | $2.5B | $3.2B | ||
| Q3 25 | $2.5B | $2.9B | ||
| Q2 25 | $2.5B | $2.6B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | $2.5B | $2.3B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $2.5B | $2.1B | ||
| Q1 24 | $2.5B | $2.0B |
负债/权益比MSMRDDT
| 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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | $263.6M |
| 自由现金流率自由现金流/营收 | 0.8% | 36.3% |
| 资本支出强度资本支出/营收 | 2.3% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.57× | 1.06× |
| 过去12个月自由现金流最近4个季度 | — | $684.2M |
8季度趋势，按日历期对齐
经营现金流MSMRDDT
| Q4 25 | $29.4M | $266.8M | ||
| Q3 25 | — | $185.2M | ||
| Q2 25 | $151.6M | $111.3M | ||
| Q1 25 | — | $127.6M | ||
| Q4 24 | $101.9M | $90.0M | ||
| Q3 24 | — | $71.6M | ||
| Q2 24 | $143.5M | $28.4M | ||
| Q1 24 | $78.7M | $32.1M |
自由现金流MSMRDDT
| Q4 25 | $7.4M | $263.6M | ||
| Q3 25 | — | $183.1M | ||
| Q2 25 | $100.7M | $110.8M | ||
| Q1 25 | — | $126.6M | ||
| Q4 24 | $81.7M | $89.2M | ||
| Q3 24 | — | $70.3M | ||
| Q2 24 | $114.0M | $27.2M | ||
| Q1 24 | $53.4M | $29.2M |
自由现金流率MSMRDDT
| Q4 25 | 0.8% | 36.3% | ||
| Q3 25 | — | 31.3% | ||
| Q2 25 | 10.4% | 22.2% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | 8.8% | 20.8% | ||
| Q3 24 | — | 20.2% | ||
| Q2 24 | 11.6% | 9.7% | ||
| Q1 24 | 5.7% | 12.0% |
资本支出强度MSMRDDT
| Q4 25 | 2.3% | 0.4% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | 5.2% | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | 2.2% | 0.2% | ||
| Q3 24 | — | 0.4% | ||
| Q2 24 | 3.0% | 0.4% | ||
| Q1 24 | 2.7% | 1.2% |
现金转化率MSMRDDT
| Q4 25 | 0.57× | 1.06× | ||
| Q3 25 | — | 1.14× | ||
| Q2 25 | 2.67× | 1.25× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | 2.18× | 1.27× | ||
| Q3 24 | — | 2.40× | ||
| Q2 24 | 2.00× | — | ||
| Q1 24 | 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
MSM
暂无分部数据
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
