vs
MSC INDUSTRIAL DIRECT CO INC（MSM）与Toast, Inc.（TOST）财务数据对比。点击上方公司名可切换其他公司
Toast, Inc.的季度营收约是MSC INDUSTRIAL DIRECT CO INC的1.7倍（$1.6B vs $965.7M），Toast, Inc.净利率更高（6.2% vs 5.4%，领先0.8%），Toast, Inc.同比增速更快（22.0% vs 4.0%），Toast, Inc.自由现金流更多（$178.0M vs $7.4M），过去两年Toast, Inc.的营收复合增速更高（23.3% 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。
Toast, Inc.是总部位于美国马萨诸塞州波士顿的云餐饮管理软件企业，主打基于安卓操作系统研发的一体化销售点（POS）系统，可为餐饮商家提供涵盖收银、订单管理等在内的全场景门店经营解决方案。
MSM vs TOST — 直观对比
营收规模更大
TOST
是对方的1.7倍
$965.7M
营收增速更快
TOST
高出18.0%
4.0%
净利率更高
TOST
高出0.8%
5.4%
自由现金流更多
TOST
多$170.6M
$7.4M
两年增速更快
TOST
近两年复合增速
-3.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $965.7M | $1.6B |
| 净利润 | $51.8M | $101.0M |
| 毛利率 | 40.7% | 25.9% |
| 营业利润率 | 7.9% | 5.2% |
| 净利率 | 5.4% | 6.2% |
| 营收同比 | 4.0% | 22.0% |
| 净利润同比 | 11.1% | 215.6% |
| 每股收益（稀释后） | $0.93 | $0.18 |
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MSMTOST
| Q4 25 | $965.7M | $1.6B | ||
| Q3 25 | $978.2M | $1.6B | ||
| Q2 25 | $971.1M | $1.6B | ||
| Q1 25 | — | $1.3B | ||
| Q4 24 | $928.5M | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $979.4M | $1.2B | ||
| Q1 24 | $935.3M | $1.1B |
净利润MSMTOST
| Q4 25 | $51.8M | $101.0M | ||
| Q3 25 | $56.5M | $105.0M | ||
| Q2 25 | $56.8M | $80.0M | ||
| Q1 25 | — | $56.0M | ||
| Q4 24 | $46.6M | $32.0M | ||
| Q3 24 | — | $56.0M | ||
| Q2 24 | $71.7M | $14.0M | ||
| Q1 24 | $61.8M | $-83.0M |
毛利率MSMTOST
| Q4 25 | 40.7% | 25.9% | ||
| Q3 25 | 40.4% | 26.5% | ||
| Q2 25 | 41.0% | 25.3% | ||
| Q1 25 | — | 25.9% | ||
| Q4 24 | 40.7% | 24.9% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | 40.9% | 23.0% | ||
| Q1 24 | 41.5% | 23.2% |
营业利润率MSMTOST
| Q4 25 | 7.9% | 5.2% | ||
| Q3 25 | 8.6% | 5.1% | ||
| Q2 25 | 8.5% | 5.2% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | 7.8% | 2.5% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | 10.9% | 0.4% | ||
| Q1 24 | 9.7% | -5.2% |
净利率MSMTOST
| Q4 25 | 5.4% | 6.2% | ||
| Q3 25 | 5.8% | 6.4% | ||
| Q2 25 | 5.9% | 5.2% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | 5.0% | 2.4% | ||
| Q3 24 | — | 4.3% | ||
| Q2 24 | 7.3% | 1.1% | ||
| Q1 24 | 6.6% | -7.7% |
每股收益（稀释后）MSMTOST
| Q4 25 | $0.93 | $0.18 | ||
| Q3 25 | $1.02 | $0.16 | ||
| Q2 25 | $1.02 | $0.13 | ||
| Q1 25 | — | $0.09 | ||
| Q4 24 | $0.83 | $0.09 | ||
| Q3 24 | — | $0.07 | ||
| Q2 24 | $1.27 | $0.02 | ||
| Q1 24 | $1.10 | $-0.15 |
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 | $1.4B |
| 总债务越低越好 | $214.1M | — |
| 股东权益账面价值 | $1.4B | $2.1B |
| 总资产 | $2.5B | $3.1B |
| 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MSMTOST
| Q4 25 | $40.3M | $1.4B | ||
| Q3 25 | $56.2M | $1.4B | ||
| Q2 25 | $71.7M | $1.2B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | $57.3M | $903.0M | ||
| Q3 24 | — | $761.0M | ||
| Q2 24 | $25.9M | $691.0M | ||
| Q1 24 | $22.2M | $578.0M |
总债务MSMTOST
| 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MSMTOST
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | $1.4B | $1.3B | ||
| Q1 24 | $1.4B | $1.2B |
总资产MSMTOST
| Q4 25 | $2.5B | $3.1B | ||
| Q3 25 | $2.5B | $3.0B | ||
| Q2 25 | $2.5B | $2.8B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $2.5B | $2.4B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $2.5B | $2.2B | ||
| Q1 24 | $2.5B | $2.1B |
负债/权益比MSMTOST
| 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 | $194.0M |
| 自由现金流经营现金流 - 资本支出 | $7.4M | $178.0M |
| 自由现金流率自由现金流/营收 | 0.8% | 10.9% |
| 资本支出强度资本支出/营收 | 2.3% | 1.0% |
| 现金转化率经营现金流/净利润 | 0.57× | 1.92× |
| 过去12个月自由现金流最近4个季度 | — | $608.0M |
8季度趋势，按日历期对齐
经营现金流MSMTOST
| Q4 25 | $29.4M | $194.0M | ||
| Q3 25 | — | $165.0M | ||
| Q2 25 | $151.6M | $223.0M | ||
| Q1 25 | — | $79.0M | ||
| Q4 24 | $101.9M | $147.0M | ||
| Q3 24 | — | $109.0M | ||
| Q2 24 | $143.5M | $124.0M | ||
| Q1 24 | $78.7M | $-20.0M |
自由现金流MSMTOST
| Q4 25 | $7.4M | $178.0M | ||
| Q3 25 | — | $153.0M | ||
| Q2 25 | $100.7M | $208.0M | ||
| Q1 25 | — | $69.0M | ||
| Q4 24 | $81.7M | $134.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | $114.0M | $108.0M | ||
| Q1 24 | $53.4M | $-33.0M |
自由现金流率MSMTOST
| Q4 25 | 0.8% | 10.9% | ||
| Q3 25 | — | 9.4% | ||
| Q2 25 | 10.4% | 13.4% | ||
| Q1 25 | — | 5.2% | ||
| Q4 24 | 8.8% | 10.0% | ||
| Q3 24 | — | 7.4% | ||
| Q2 24 | 11.6% | 8.7% | ||
| Q1 24 | 5.7% | -3.1% |
资本支出强度MSMTOST
| Q4 25 | 2.3% | 1.0% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | 5.2% | 1.0% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | 2.2% | 1.0% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | 3.0% | 1.3% | ||
| Q1 24 | 2.7% | 1.2% |
现金转化率MSMTOST
| Q4 25 | 0.57× | 1.92× | ||
| Q3 25 | — | 1.57× | ||
| Q2 25 | 2.67× | 2.79× | ||
| Q1 25 | — | 1.41× | ||
| Q4 24 | 2.18× | 4.59× | ||
| Q3 24 | — | 1.95× | ||
| Q2 24 | 2.00× | 8.86× | ||
| 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
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
