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ADVANCE AUTO PARTS INC（AAP）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
ADVANCE AUTO PARTS INC的季度营收约是美泰的2.3倍（$2.0B vs $862.2M），美泰净利率更高（7.1% vs 0.3%，领先6.8%），ADVANCE AUTO PARTS INC同比增速更快（130.1% vs 4.3%），ADVANCE AUTO PARTS INC自由现金流更多（$-21.0M vs $-88.1M），过去两年美泰的营收复合增速更高（-10.6% vs -15.7%）
Advance Auto Parts是美国知名汽车售后零部件供应商，总部位于北卡罗来纳州罗利市，业务覆盖专业维修安装服务商与汽车 DIY 爱好者两大客群，可为不同需求的用户提供适配的汽车零配件产品及相关服务。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
AAP vs MAT — 直观对比
营收规模更大
AAP
是对方的2.3倍
$862.2M
营收增速更快
AAP
高出125.8%
4.3%
净利率更高
MAT
高出6.8%
0.3%
自由现金流更多
AAP
多$67.1M
$-88.1M
两年增速更快
MAT
近两年复合增速
-15.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $862.2M |
| 净利润 | $6.0M | $61.0M |
| 毛利率 | 44.1% | 44.9% |
| 营业利润率 | 2.2% | — |
| 净利率 | 0.3% | 7.1% |
| 营收同比 | 130.1% | 4.3% |
| 净利润同比 | 101.4% | 251.4% |
| 每股收益（稀释后） | $0.10 | $0.20 |
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AAPMAT
| Q1 26 | $2.0B | $862.2M | ||
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | — | $826.6M | ||
| Q4 24 | $2.1B | $1.6B | ||
| Q3 24 | $2.2B | $1.8B | ||
| Q2 24 | $2.8B | $1.1B |
净利润AAPMAT
| Q1 26 | $6.0M | $61.0M | ||
| Q4 25 | $-1.0M | $106.2M | ||
| Q3 25 | $15.0M | $278.4M | ||
| Q2 25 | $24.0M | $53.4M | ||
| Q1 25 | — | $-40.3M | ||
| Q4 24 | $-6.0M | $140.9M | ||
| Q3 24 | $45.0M | $372.4M | ||
| Q2 24 | $40.0M | $56.9M |
毛利率AAPMAT
| Q1 26 | 44.1% | 44.9% | ||
| Q4 25 | 43.3% | 45.9% | ||
| Q3 25 | 43.5% | 50.0% | ||
| Q2 25 | 42.9% | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | 42.3% | 50.7% | ||
| Q3 24 | 43.6% | 53.1% | ||
| Q2 24 | 43.4% | 49.2% |
营业利润率AAPMAT
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.1% | 8.0% | ||
| Q3 25 | 1.1% | 21.9% | ||
| Q2 25 | -5.1% | 7.7% | ||
| Q1 25 | — | -6.4% | ||
| Q4 24 | — | 9.6% | ||
| Q3 24 | 2.5% | 26.5% | ||
| Q2 24 | 1.9% | 7.7% |
净利率AAPMAT
| Q1 26 | 0.3% | 7.1% | ||
| Q4 25 | -0.0% | 6.0% | ||
| Q3 25 | 0.7% | 16.0% | ||
| Q2 25 | 0.9% | 5.2% | ||
| Q1 25 | — | -4.9% | ||
| Q4 24 | -0.3% | 8.6% | ||
| Q3 24 | 2.1% | 20.2% | ||
| Q2 24 | 1.4% | 5.3% |
每股收益（稀释后）AAPMAT
| Q1 26 | $0.10 | $0.20 | ||
| Q4 25 | $-0.02 | $0.32 | ||
| Q3 25 | $0.25 | $0.88 | ||
| Q2 25 | $0.40 | $0.16 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | $-0.10 | $0.40 | ||
| Q3 24 | $0.75 | $1.09 | ||
| Q2 24 | $0.67 | $0.17 |
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 | $3.1B | $866.0M |
| 总债务越低越好 | $3.4B | $2.3B |
| 股东权益账面价值 | $2.2B | $2.1B |
| 总资产 | $11.8B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.55× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资AAPMAT
| Q1 26 | $3.1B | $866.0M | ||
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $1.7B | $691.9M | ||
| Q2 25 | $1.7B | $870.5M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | $464.5M | $1.4B | ||
| Q3 24 | $479.4M | $723.5M | ||
| Q2 24 | $451.0M | $722.4M |
总债务AAPMAT
| Q1 26 | $3.4B | $2.3B | ||
| Q4 25 | $3.4B | $2.3B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $1.8B | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $1.8B | $2.3B |
股东权益AAPMAT
| Q1 26 | $2.2B | $2.1B | ||
| Q4 25 | $2.2B | $2.2B | ||
| Q3 25 | $2.2B | $2.3B | ||
| Q2 25 | $2.2B | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | $2.6B | $2.3B | ||
| Q3 24 | $2.6B | $2.3B | ||
| Q2 24 | $2.6B | $2.0B |
总资产AAPMAT
| Q1 26 | $11.8B | $6.3B | ||
| Q4 25 | $12.1B | $6.6B | ||
| Q3 25 | $10.5B | $6.6B | ||
| Q2 25 | $10.6B | $6.2B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | $12.5B | $6.5B | ||
| Q3 24 | $12.3B | $6.5B | ||
| Q2 24 | $12.2B | $5.9B |
负债/权益比AAPMAT
| Q1 26 | 1.55× | 1.11× | ||
| Q4 25 | 1.55× | 1.04× | ||
| Q3 25 | 0.81× | 1.03× | ||
| Q2 25 | 0.81× | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | 0.69× | 1.03× | ||
| Q3 24 | 0.69× | 1.01× | ||
| Q2 24 | 0.70× | 1.18× |
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 | $72.0M | — |
| 自由现金流经营现金流 - 资本支出 | $-21.0M | $-88.1M |
| 自由现金流率自由现金流/营收 | -1.1% | -10.2% |
| 资本支出强度资本支出/营收 | 4.7% | 7.6% |
| 现金转化率经营现金流/净利润 | 12.00× | — |
| 过去12个月自由现金流最近4个季度 | $-298.0M | — |
8季度趋势，按日历期对齐
经营现金流AAPMAT
| Q1 26 | $72.0M | — | ||
| Q4 25 | $-12.0M | $796.6M | ||
| Q3 25 | $50.0M | $72.0M | ||
| Q2 25 | $-156.0M | $-300.1M | ||
| Q1 25 | — | $24.8M | ||
| Q4 24 | $70.0M | $862.1M | ||
| Q3 24 | $85.0M | $155.8M | ||
| Q2 24 | $3.0M | $-252.9M |
自由现金流AAPMAT
| Q1 26 | $-21.0M | $-88.1M | ||
| Q4 25 | $-76.0M | — | ||
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $-198.0M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $27.0M | — | ||
| Q3 24 | $44.0M | — | ||
| Q2 24 | $-43.0M | — |
自由现金流率AAPMAT
| Q1 26 | -1.1% | -10.2% | ||
| Q4 25 | -3.7% | — | ||
| Q3 25 | -0.1% | — | ||
| Q2 25 | -7.7% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | -1.6% | — |
资本支出强度AAPMAT
| Q1 26 | 4.7% | 7.6% | ||
| Q4 25 | 3.1% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 1.9% | — | ||
| Q2 24 | 1.7% | — |
现金转化率AAPMAT
| Q1 26 | 12.00× | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | 3.33× | 0.26× | ||
| Q2 25 | -6.50× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 1.89× | 0.42× | ||
| Q2 24 | 0.07× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
