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AFFILIATED MANAGERS GROUP, INC.（AMG）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AFFILIATED MANAGERS GROUP, INC.的1.5倍（$862.2M vs $556.6M），AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 7.1%，领先55.4%），AFFILIATED MANAGERS GROUP, INC.同比增速更快（6.2% vs 4.3%），AFFILIATED MANAGERS GROUP, INC.自由现金流更多（$254.5M vs $-88.1M），过去两年AFFILIATED MANAGERS GROUP, INC.的营收复合增速更高（5.5% vs -10.6%）
Affiliated Managers Group（简称AMG）是一家成立于1993年的美国金融服务企业，总部位于佛罗里达州西棕榈滩。公司股票在纽约证券交易所挂牌交易，代码为AMG，同时是标普400美国中型企业指数的成份股。
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。
AMG vs MAT — 直观对比
营收规模更大
MAT
是对方的1.5倍
$556.6M
营收增速更快
AMG
高出1.9%
4.3%
净利率更高
AMG
高出55.4%
7.1%
自由现金流更多
AMG
多$342.6M
$-88.1M
两年增速更快
AMG
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $862.2M |
| 净利润 | $347.5M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 94.4% | — |
| 净利率 | 62.4% | 7.1% |
| 营收同比 | 6.2% | 4.3% |
| 净利润同比 | 114.2% | 251.4% |
| 每股收益（稀释后） | $10.87 | $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AMGMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $556.6M | $1.8B | ||
| Q3 25 | $528.0M | $1.7B | ||
| Q2 25 | $493.2M | $1.0B | ||
| Q1 25 | $496.6M | $826.6M | ||
| Q4 24 | $524.3M | $1.6B | ||
| Q3 24 | $516.4M | $1.8B | ||
| Q2 24 | $500.3M | $1.1B |
净利润AMGMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $347.5M | $106.2M | ||
| Q3 25 | $212.4M | $278.4M | ||
| Q2 25 | $84.3M | $53.4M | ||
| Q1 25 | $72.4M | $-40.3M | ||
| Q4 24 | $162.2M | $140.9M | ||
| Q3 24 | $123.6M | $372.4M | ||
| Q2 24 | $76.0M | $56.9M |
毛利率AMGMAT
| 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AMGMAT
| Q1 26 | — | — | ||
| Q4 25 | 94.4% | 8.0% | ||
| Q3 25 | 68.7% | 21.9% | ||
| Q2 25 | 34.8% | 7.7% | ||
| Q1 25 | 25.5% | -6.4% | ||
| Q4 24 | 52.2% | 9.6% | ||
| Q3 24 | 42.0% | 26.5% | ||
| Q2 24 | 35.6% | 7.7% |
净利率AMGMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 62.4% | 6.0% | ||
| Q3 25 | 40.2% | 16.0% | ||
| Q2 25 | 17.1% | 5.2% | ||
| Q1 25 | 14.6% | -4.9% | ||
| Q4 24 | 30.9% | 8.6% | ||
| Q3 24 | 23.9% | 20.2% | ||
| Q2 24 | 15.2% | 5.3% |
每股收益（稀释后）AMGMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $10.87 | $0.32 | ||
| Q3 25 | $6.87 | $0.88 | ||
| Q2 25 | $2.80 | $0.16 | ||
| Q1 25 | $2.20 | $-0.12 | ||
| Q4 24 | $4.95 | $0.40 | ||
| Q3 24 | $3.78 | $1.09 | ||
| Q2 24 | $2.26 | $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 | $586.0M | $866.0M |
| 总债务越低越好 | $2.7B | $2.3B |
| 股东权益账面价值 | $3.2B | $2.1B |
| 总资产 | $9.2B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.83× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资AMGMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $586.0M | $1.2B | ||
| Q3 25 | $476.1M | $691.9M | ||
| Q2 25 | $361.0M | $870.5M | ||
| Q1 25 | $816.5M | $1.2B | ||
| Q4 24 | $950.0M | $1.4B | ||
| Q3 24 | $1.0B | $723.5M | ||
| Q2 24 | $865.5M | $722.4M |
总债务AMGMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $2.7B | $2.3B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.6B | $2.3B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.6B | $2.3B | ||
| Q3 24 | $2.6B | $2.3B | ||
| Q2 24 | $2.5B | $2.3B |
股东权益AMGMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $3.2B | $2.2B | ||
| Q3 25 | $3.3B | $2.3B | ||
| Q2 25 | $3.2B | $2.2B | ||
| Q1 25 | $3.2B | $2.1B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.3B | $2.3B | ||
| Q2 24 | $3.3B | $2.0B |
总资产AMGMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $9.2B | $6.6B | ||
| Q3 25 | $8.9B | $6.6B | ||
| Q2 25 | $8.8B | $6.2B | ||
| Q1 25 | $8.7B | $6.2B | ||
| Q4 24 | $8.8B | $6.5B | ||
| Q3 24 | $8.9B | $6.5B | ||
| Q2 24 | $8.8B | $5.9B |
负债/权益比AMGMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.83× | 1.04× | ||
| Q3 25 | 0.71× | 1.03× | ||
| Q2 25 | 0.81× | 1.08× | ||
| Q1 25 | 0.82× | 1.10× | ||
| Q4 24 | 0.78× | 1.03× | ||
| Q3 24 | 0.79× | 1.01× | ||
| Q2 24 | 0.76× | 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 | $256.4M | — |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $-88.1M |
| 自由现金流率自由现金流/营收 | 45.7% | -10.2% |
| 资本支出强度资本支出/营收 | 0.3% | 7.6% |
| 现金转化率经营现金流/净利润 | 0.74× | — |
| 过去12个月自由现金流最近4个季度 | $967.1M | — |
8季度趋势，按日历期对齐
经营现金流AMGMAT
| Q1 26 | — | — | ||
| Q4 25 | $256.4M | $796.6M | ||
| Q3 25 | $277.1M | $72.0M | ||
| Q2 25 | $230.8M | $-300.1M | ||
| Q1 25 | $208.9M | $24.8M | ||
| Q4 24 | $212.5M | $862.1M | ||
| Q3 24 | $265.2M | $155.8M | ||
| Q2 24 | $245.2M | $-252.9M |
自由现金流AMGMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $254.5M | — | ||
| Q3 25 | $275.9M | — | ||
| Q2 25 | $229.4M | — | ||
| Q1 25 | $207.3M | — | ||
| Q4 24 | $211.4M | — | ||
| Q3 24 | $264.5M | — | ||
| Q2 24 | $244.6M | — |
自由现金流率AMGMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 45.7% | — | ||
| Q3 25 | 52.3% | — | ||
| Q2 25 | 46.5% | — | ||
| Q1 25 | 41.7% | — | ||
| Q4 24 | 40.3% | — | ||
| Q3 24 | 51.2% | — | ||
| Q2 24 | 48.9% | — |
资本支出强度AMGMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 0.3% | — | ||
| Q3 25 | 0.2% | — | ||
| Q2 25 | 0.3% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.1% | — |
现金转化率AMGMAT
| Q1 26 | — | — | ||
| Q4 25 | 0.74× | 7.50× | ||
| Q3 25 | 1.30× | 0.26× | ||
| Q2 25 | 2.74× | -5.62× | ||
| Q1 25 | 2.89× | — | ||
| Q4 24 | 1.31× | 6.12× | ||
| Q3 24 | 2.15× | 0.42× | ||
| Q2 24 | 3.23× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
