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ProFrac Holding Corp.（ACDC）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是ProFrac Holding Corp.的2.0倍（$862.2M vs $436.5M），美泰净利率更高（7.1% vs -33.2%，领先40.2%），美泰同比增速更快（4.3% vs -4.0%），ProFrac Holding Corp.自由现金流更多（$12.9M vs $-88.1M），过去两年美泰的营收复合增速更高（-10.6% vs -13.4%）
ProFrac Holding Corp.是一家领先的北美能源服务企业，主要为油气勘探开采企业提供水力压裂、完井及相关配套服务，核心客户覆盖美国、加拿大主要陆上页岩及常规油气产区的上游运营商。
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。
ACDC vs MAT — 直观对比
营收规模更大
MAT
是对方的2.0倍
$436.5M
营收增速更快
MAT
高出8.3%
-4.0%
净利率更高
MAT
高出40.2%
-33.2%
自由现金流更多
ACDC
多$101.0M
$-88.1M
两年增速更快
MAT
近两年复合增速
-13.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $436.5M | $862.2M |
| 净利润 | $-144.7M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | -24.9% | — |
| 净利率 | -33.2% | 7.1% |
| 营收同比 | -4.0% | 4.3% |
| 净利润同比 | -37.8% | 251.4% |
| 每股收益（稀释后） | $-0.83 | $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ACDCMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $436.5M | $1.8B | ||
| Q3 25 | $403.1M | $1.7B | ||
| Q2 25 | $501.9M | $1.0B | ||
| Q1 25 | $600.3M | $826.6M | ||
| Q4 24 | $454.7M | $1.6B | ||
| Q3 24 | $575.3M | $1.8B | ||
| Q2 24 | $579.4M | $1.1B |
净利润ACDCMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-144.7M | $106.2M | ||
| Q3 25 | $-100.9M | $278.4M | ||
| Q2 25 | $-105.9M | $53.4M | ||
| Q1 25 | $-17.5M | $-40.3M | ||
| Q4 24 | $-105.0M | $140.9M | ||
| Q3 24 | $-45.2M | $372.4M | ||
| Q2 24 | $-66.7M | $56.9M |
毛利率ACDCMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率ACDCMAT
| Q1 26 | — | — | ||
| Q4 25 | -24.9% | 8.0% | ||
| Q3 25 | -19.5% | 21.9% | ||
| Q2 25 | -10.8% | 7.7% | ||
| Q1 25 | 2.7% | -6.4% | ||
| Q4 24 | -10.3% | 9.6% | ||
| Q3 24 | -0.7% | 26.5% | ||
| Q2 24 | -8.5% | 7.7% |
净利率ACDCMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -33.2% | 6.0% | ||
| Q3 25 | -25.0% | 16.0% | ||
| Q2 25 | -21.1% | 5.2% | ||
| Q1 25 | -2.9% | -4.9% | ||
| Q4 24 | -23.1% | 8.6% | ||
| Q3 24 | -7.9% | 20.2% | ||
| Q2 24 | -11.5% | 5.3% |
每股收益（稀释后）ACDCMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-0.83 | $0.32 | ||
| Q3 25 | $-0.60 | $0.88 | ||
| Q2 25 | $-0.67 | $0.16 | ||
| Q1 25 | $-0.12 | $-0.12 | ||
| Q4 24 | $-0.67 | $0.40 | ||
| Q3 24 | $-0.29 | $1.09 | ||
| Q2 24 | $-0.42 | $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 | $22.9M | $866.0M |
| 总债务越低越好 | $832.7M | $2.3B |
| 股东权益账面价值 | $717.5M | $2.1B |
| 总资产 | $2.6B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.16× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ACDCMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $22.9M | $1.2B | ||
| Q3 25 | $58.0M | $691.9M | ||
| Q2 25 | $26.0M | $870.5M | ||
| Q1 25 | $16.0M | $1.2B | ||
| Q4 24 | $14.8M | $1.4B | ||
| Q3 24 | $25.5M | $723.5M | ||
| Q2 24 | $24.0M | $722.4M |
总债务ACDCMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $832.7M | $2.3B | ||
| Q3 25 | $907.0M | $2.3B | ||
| Q2 25 | $941.9M | $2.3B | ||
| Q1 25 | $967.9M | $2.3B | ||
| Q4 24 | $936.1M | $2.3B | ||
| Q3 24 | $986.7M | $2.3B | ||
| Q2 24 | $1.0B | $2.3B |
股东权益ACDCMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $717.5M | $2.2B | ||
| Q3 25 | $862.0M | $2.3B | ||
| Q2 25 | $875.5M | $2.2B | ||
| Q1 25 | $988.1M | $2.1B | ||
| Q4 24 | $1.0B | $2.3B | ||
| Q3 24 | $1.1B | $2.3B | ||
| Q2 24 | $1.1B | $2.0B |
总资产ACDCMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $2.6B | $6.6B | ||
| Q3 25 | $2.7B | $6.6B | ||
| Q2 25 | $2.8B | $6.2B | ||
| Q1 25 | $3.0B | $6.2B | ||
| Q4 24 | $3.0B | $6.5B | ||
| Q3 24 | $3.1B | $6.5B | ||
| Q2 24 | $3.2B | $5.9B |
负债/权益比ACDCMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 1.16× | 1.04× | ||
| Q3 25 | 1.05× | 1.03× | ||
| Q2 25 | 1.08× | 1.08× | ||
| Q1 25 | 0.98× | 1.10× | ||
| Q4 24 | 0.93× | 1.03× | ||
| Q3 24 | 0.90× | 1.01× | ||
| Q2 24 | 0.88× | 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 | $49.5M | — |
| 自由现金流经营现金流 - 资本支出 | $12.9M | $-88.1M |
| 自由现金流率自由现金流/营收 | 3.0% | -10.2% |
| 资本支出强度资本支出/营收 | 8.4% | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $19.6M | — |
8季度趋势，按日历期对齐
经营现金流ACDCMAT
| Q1 26 | — | — | ||
| Q4 25 | $49.5M | $796.6M | ||
| Q3 25 | $900.0K | $72.0M | ||
| Q2 25 | $100.4M | $-300.1M | ||
| Q1 25 | $38.7M | $24.8M | ||
| Q4 24 | $76.5M | $862.1M | ||
| Q3 24 | $98.2M | $155.8M | ||
| Q2 24 | $113.5M | $-252.9M |
自由现金流ACDCMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $12.9M | — | ||
| Q3 25 | $-33.4M | — | ||
| Q2 25 | $53.9M | — | ||
| Q1 25 | $-13.8M | — | ||
| Q4 24 | $13.3M | — | ||
| Q3 24 | $28.2M | — | ||
| Q2 24 | $51.6M | — |
自由现金流率ACDCMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | -8.3% | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | -2.3% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 8.9% | — |
资本支出强度ACDCMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 8.4% | — | ||
| Q3 25 | 8.5% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 8.7% | — | ||
| Q4 24 | 13.9% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 10.7% | — |
现金转化率ACDCMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | — | -4.45× |
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
ACDC
| Services | $385.6M | 88% |
| Products | $50.9M | 12% |
MAT
暂无分部数据
