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雅保（ALB）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
雅保的季度营收约是美泰的1.7倍（$1.4B vs $862.2M），美泰净利率更高（7.1% vs -29.0%，领先36.1%），雅保同比增速更快（15.9% vs 4.3%），雅保自由现金流更多（$233.1M vs $-88.1M），过去两年雅保的营收复合增速更高（2.4% vs -10.6%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
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。
ALB vs MAT — 直观对比
营收规模更大
ALB
是对方的1.7倍
$862.2M
营收增速更快
ALB
高出11.6%
4.3%
净利率更高
MAT
高出36.1%
-29.0%
自由现金流更多
ALB
多$321.2M
$-88.1M
两年增速更快
ALB
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $862.2M |
| 净利润 | $-414.2M | $61.0M |
| 毛利率 | 13.9% | 44.9% |
| 营业利润率 | -15.2% | — |
| 净利率 | -29.0% | 7.1% |
| 营收同比 | 15.9% | 4.3% |
| 净利润同比 | -650.1% | 251.4% |
| 每股收益（稀释后） | $-3.88 | $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ALBMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.1B | $826.6M | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.4B | $1.1B |
净利润ALBMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-414.2M | $106.2M | ||
| Q3 25 | $-160.7M | $278.4M | ||
| Q2 25 | $22.9M | $53.4M | ||
| Q1 25 | $41.3M | $-40.3M | ||
| Q4 24 | $75.3M | $140.9M | ||
| Q3 24 | $-1.1B | $372.4M | ||
| Q2 24 | $-188.2M | $56.9M |
毛利率ALBMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 13.9% | 45.9% | ||
| Q3 25 | 9.0% | 50.0% | ||
| Q2 25 | 14.8% | 50.9% | ||
| Q1 25 | 14.5% | 49.4% | ||
| Q4 24 | 11.2% | 50.7% | ||
| Q3 24 | -7.7% | 53.1% | ||
| Q2 24 | -0.7% | 49.2% |
营业利润率ALBMAT
| Q1 26 | — | — | ||
| Q4 25 | -15.2% | 8.0% | ||
| Q3 25 | -16.6% | 21.9% | ||
| Q2 25 | 3.6% | 7.7% | ||
| Q1 25 | 1.8% | -6.4% | ||
| Q4 24 | 0.4% | 9.6% | ||
| Q3 24 | -81.9% | 26.5% | ||
| Q2 24 | -34.4% | 7.7% |
净利率ALBMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -29.0% | 6.0% | ||
| Q3 25 | -12.3% | 16.0% | ||
| Q2 25 | 1.7% | 5.2% | ||
| Q1 25 | 3.8% | -4.9% | ||
| Q4 24 | 6.1% | 8.6% | ||
| Q3 24 | -78.9% | 20.2% | ||
| Q2 24 | -13.2% | 5.3% |
每股收益（稀释后）ALBMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-3.88 | $0.32 | ||
| Q3 25 | $-1.72 | $0.88 | ||
| Q2 25 | $-0.16 | $0.16 | ||
| Q1 25 | $0.00 | $-0.12 | ||
| Q4 24 | $0.29 | $0.40 | ||
| Q3 24 | $-9.45 | $1.09 | ||
| Q2 24 | $-1.96 | $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 | — | $866.0M |
| 总债务越低越好 | $3.2B | $2.3B |
| 股东权益账面价值 | $9.5B | $2.1B |
| 总资产 | $16.4B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.33× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ALBMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.9B | $691.9M | ||
| Q2 25 | $1.8B | $870.5M | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.7B | $723.5M | ||
| Q2 24 | $1.8B | $722.4M |
总债务ALBMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | $3.6B | $2.3B | ||
| Q2 25 | $3.6B | $2.3B | ||
| Q1 25 | $3.5B | $2.3B | ||
| Q4 24 | $3.5B | $2.3B | ||
| Q3 24 | $3.6B | $2.3B | ||
| Q2 24 | $3.5B | $2.3B |
股东权益ALBMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $9.5B | $2.2B | ||
| Q3 25 | $10.0B | $2.3B | ||
| Q2 25 | $10.2B | $2.2B | ||
| Q1 25 | $10.0B | $2.1B | ||
| Q4 24 | $10.0B | $2.3B | ||
| Q3 24 | $10.2B | $2.3B | ||
| Q2 24 | $11.2B | $2.0B |
总资产ALBMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $16.4B | $6.6B | ||
| Q3 25 | $17.1B | $6.6B | ||
| Q2 25 | $17.3B | $6.2B | ||
| Q1 25 | $17.0B | $6.2B | ||
| Q4 24 | $16.6B | $6.5B | ||
| Q3 24 | $17.5B | $6.5B | ||
| Q2 24 | $18.4B | $5.9B |
负债/权益比ALBMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.33× | 1.04× | ||
| Q3 25 | 0.36× | 1.03× | ||
| Q2 25 | 0.35× | 1.08× | ||
| Q1 25 | 0.35× | 1.10× | ||
| Q4 24 | 0.35× | 1.03× | ||
| Q3 24 | 0.35× | 1.01× | ||
| Q2 24 | 0.31× | 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 | $388.5M | — |
| 自由现金流经营现金流 - 资本支出 | $233.1M | $-88.1M |
| 自由现金流率自由现金流/营收 | 16.3% | -10.2% |
| 资本支出强度资本支出/营收 | 10.9% | 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 | $692.5M | — |
8季度趋势，按日历期对齐
经营现金流ALBMAT
| Q1 26 | — | — | ||
| Q4 25 | $388.5M | $796.6M | ||
| Q3 25 | $355.6M | $72.0M | ||
| Q2 25 | $-7.2M | $-300.1M | ||
| Q1 25 | $545.4M | $24.8M | ||
| Q4 24 | $674.0K | $862.1M | ||
| Q3 24 | $240.5M | $155.8M | ||
| Q2 24 | $362.9M | $-252.9M |
自由现金流ALBMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $233.1M | — | ||
| Q3 25 | $223.4M | — | ||
| Q2 25 | $-126.8M | — | ||
| Q1 25 | $362.8M | — | ||
| Q4 24 | $-355.1M | — | ||
| Q3 24 | $-62.6M | — | ||
| Q2 24 | $-84.7M | — |
自由现金流率ALBMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 16.3% | — | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | -9.5% | — | ||
| Q1 25 | 33.7% | — | ||
| Q4 24 | -28.8% | — | ||
| Q3 24 | -4.6% | — | ||
| Q2 24 | -5.9% | — |
资本支出强度ALBMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 10.9% | — | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 9.0% | — | ||
| Q1 25 | 17.0% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 22.4% | — | ||
| Q2 24 | 31.3% | — |
现金转化率ALBMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | -0.31× | -5.62× | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | 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
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
MAT
暂无分部数据
