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西联汇款（AFG）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
西联汇款的季度营收约是美泰的2.4倍（$2.1B vs $862.2M），西联汇款净利率更高（14.5% vs 7.1%，领先7.4%），美泰同比增速更快（4.3% vs -4.0%），过去两年西联汇款的营收复合增速更高（4.0% vs -10.6%）
西联汇款是总部位于美国科罗拉多州丹佛市的跨国金融服务企业，为全球个人及商业客户提供跨境汇款、支付等多元金融解决方案，在全球绝大多数国家和地区拥有覆盖广泛的服务网络。
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。
AFG vs MAT — 直观对比
营收规模更大
AFG
是对方的2.4倍
$862.2M
营收增速更快
MAT
高出8.3%
-4.0%
净利率更高
AFG
高出7.4%
7.1%
两年增速更快
AFG
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $862.2M |
| 净利润 | $299.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 18.4% | — |
| 净利率 | 14.5% | 7.1% |
| 营收同比 | -4.0% | 4.3% |
| 净利润同比 | 17.3% | 251.4% |
| 每股收益（稀释后） | $3.59 | $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AFGMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $2.1B | $1.8B | ||
| Q3 25 | $2.3B | $1.7B | ||
| Q2 25 | $1.9B | $1.0B | ||
| Q1 25 | $1.9B | $826.6M | ||
| Q4 24 | $2.1B | $1.6B | ||
| Q3 24 | $2.4B | $1.8B | ||
| Q2 24 | $1.9B | $1.1B |
净利润AFGMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $299.0M | $106.2M | ||
| Q3 25 | $215.0M | $278.4M | ||
| Q2 25 | $174.0M | $53.4M | ||
| Q1 25 | $154.0M | $-40.3M | ||
| Q4 24 | $255.0M | $140.9M | ||
| Q3 24 | $181.0M | $372.4M | ||
| Q2 24 | $209.0M | $56.9M |
毛利率AFGMAT
| 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AFGMAT
| Q1 26 | — | — | ||
| Q4 25 | 18.4% | 8.0% | ||
| Q3 25 | 11.5% | 21.9% | ||
| Q2 25 | 11.9% | 7.7% | ||
| Q1 25 | 10.6% | -6.4% | ||
| Q4 24 | 14.9% | 9.6% | ||
| Q3 24 | 9.7% | 26.5% | ||
| Q2 24 | 14.3% | 7.7% |
净利率AFGMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 14.5% | 6.0% | ||
| Q3 25 | 9.2% | 16.0% | ||
| Q2 25 | 9.0% | 5.2% | ||
| Q1 25 | 8.3% | -4.9% | ||
| Q4 24 | 11.9% | 8.6% | ||
| Q3 24 | 7.6% | 20.2% | ||
| Q2 24 | 11.0% | 5.3% |
每股收益（稀释后）AFGMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $3.59 | $0.32 | ||
| Q3 25 | $2.58 | $0.88 | ||
| Q2 25 | $2.07 | $0.16 | ||
| Q1 25 | $1.84 | $-0.12 | ||
| Q4 24 | $3.03 | $0.40 | ||
| Q3 24 | $2.16 | $1.09 | ||
| Q2 24 | $2.49 | $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 | $1.7B | $866.0M |
| 总债务越低越好 | $1.8B | $2.3B |
| 股东权益账面价值 | $4.8B | $2.1B |
| 总资产 | $32.6B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.38× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资AFGMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $1.7B | $1.2B | ||
| Q3 25 | $1.8B | $691.9M | ||
| Q2 25 | $1.3B | $870.5M | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $1.3B | $723.5M | ||
| Q2 24 | $1.1B | $722.4M |
总债务AFGMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.8B | $2.3B | ||
| Q2 25 | $1.5B | $2.3B | ||
| Q1 25 | $1.5B | $2.3B | ||
| Q4 24 | $1.5B | $2.3B | ||
| Q3 24 | $1.5B | $2.3B | ||
| Q2 24 | $1.5B | $2.3B |
股东权益AFGMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $4.8B | $2.2B | ||
| Q3 25 | $4.7B | $2.3B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.4B | $2.1B | ||
| Q4 24 | $4.5B | $2.3B | ||
| Q3 24 | $4.7B | $2.3B | ||
| Q2 24 | $4.4B | $2.0B |
总资产AFGMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $32.6B | $6.6B | ||
| Q3 25 | $33.8B | $6.6B | ||
| Q2 25 | $30.7B | $6.2B | ||
| Q1 25 | $30.3B | $6.2B | ||
| Q4 24 | $30.8B | $6.5B | ||
| Q3 24 | $32.6B | $6.5B | ||
| Q2 24 | $29.9B | $5.9B |
负债/权益比AFGMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.38× | 1.04× | ||
| Q3 25 | 0.38× | 1.03× | ||
| Q2 25 | 0.33× | 1.08× | ||
| Q1 25 | 0.34× | 1.10× | ||
| Q4 24 | 0.33× | 1.03× | ||
| Q3 24 | 0.31× | 1.01× | ||
| Q2 24 | 0.34× | 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 | $784.0M | — |
| 自由现金流经营现金流 - 资本支出 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 现金转化率经营现金流/净利润 | 2.62× | — |
| 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AFGMAT
| Q1 26 | — | — | ||
| Q4 25 | $784.0M | $796.6M | ||
| Q3 25 | $216.0M | $72.0M | ||
| Q2 25 | $191.0M | $-300.1M | ||
| Q1 25 | $342.0M | $24.8M | ||
| Q4 24 | $674.0M | $862.1M | ||
| Q3 24 | $459.0M | $155.8M | ||
| Q2 24 | $-88.0M | $-252.9M |
自由现金流AFGMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率AFGMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度AFGMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率AFGMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.62× | 7.50× | ||
| Q3 25 | 1.00× | 0.26× | ||
| Q2 25 | 1.10× | -5.62× | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.64× | 6.12× | ||
| Q3 24 | 2.54× | 0.42× | ||
| Q2 24 | -0.42× | -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
AFG
| Property And Casualty Insurance | $2.0B | 96% |
| Other | $83.0M | 4% |
MAT
暂无分部数据
