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ABERCROMBIE & FITCH CO（ANF）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
ABERCROMBIE & FITCH CO的季度营收约是美泰的1.5倍（$1.3B vs $862.2M），ABERCROMBIE & FITCH CO净利率更高（8.8% vs 7.1%，领先1.7%），ABERCROMBIE & FITCH CO同比增速更快（6.8% vs 4.3%），ABERCROMBIE & FITCH CO自由现金流更多（$131.8M vs $-88.1M），过去两年ABERCROMBIE & FITCH CO的营收复合增速更高（-5.8% vs -10.6%）
A&F（阿伯克龙比与菲奇）是1892年成立的美国生活方式零售品牌，主打面向20岁出头至45岁左右客群的潮流服饰，总部位于俄亥俄州新奥尔巴尼。旗下运营Abercrombie Kids、Your Personal Best、霍利斯特（Hollister Co.）、Gilly Hicks四个子品牌，全品牌直营门店超780家。
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。
ANF vs MAT — 直观对比
营收规模更大
ANF
是对方的1.5倍
$862.2M
营收增速更快
ANF
高出2.4%
4.3%
净利率更高
ANF
高出1.7%
7.1%
自由现金流更多
ANF
多$219.9M
$-88.1M
两年增速更快
ANF
近两年复合增速
-10.6%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $862.2M |
| 净利润 | $113.0M | $61.0M |
| 毛利率 | 62.5% | 44.9% |
| 营业利润率 | 12.0% | — |
| 净利率 | 8.8% | 7.1% |
| 营收同比 | 6.8% | 4.3% |
| 净利润同比 | -14.4% | 251.4% |
| 每股收益（稀释后） | $2.36 | $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ANFMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.2B | $1.7B | ||
| Q2 25 | $1.1B | $1.0B | ||
| Q1 25 | $1.6B | $826.6M | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.0B | $1.1B |
净利润ANFMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $113.0M | $106.2M | ||
| Q3 25 | $141.4M | $278.4M | ||
| Q2 25 | $80.4M | $53.4M | ||
| Q1 25 | $187.2M | $-40.3M | ||
| Q4 24 | $132.0M | $140.9M | ||
| Q3 24 | $133.2M | $372.4M | ||
| Q2 24 | $113.8M | $56.9M |
毛利率ANFMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 62.5% | 45.9% | ||
| Q3 25 | 62.6% | 50.0% | ||
| Q2 25 | 62.0% | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | 65.1% | 50.7% | ||
| Q3 24 | 64.9% | 53.1% | ||
| Q2 24 | 66.4% | 49.2% |
营业利润率ANFMAT
| Q1 26 | — | — | ||
| Q4 25 | 12.0% | 8.0% | ||
| Q3 25 | 17.1% | 21.9% | ||
| Q2 25 | 9.3% | 7.7% | ||
| Q1 25 | 16.2% | -6.4% | ||
| Q4 24 | 14.8% | 9.6% | ||
| Q3 24 | 15.5% | 26.5% | ||
| Q2 24 | 12.7% | 7.7% |
净利率ANFMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 8.8% | 6.0% | ||
| Q3 25 | 11.7% | 16.0% | ||
| Q2 25 | 7.3% | 5.2% | ||
| Q1 25 | 11.8% | -4.9% | ||
| Q4 24 | 10.9% | 8.6% | ||
| Q3 24 | 11.7% | 20.2% | ||
| Q2 24 | 11.2% | 5.3% |
每股收益（稀释后）ANFMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $2.36 | $0.32 | ||
| Q3 25 | $2.91 | $0.88 | ||
| Q2 25 | $1.59 | $0.16 | ||
| Q1 25 | $3.55 | $-0.12 | ||
| Q4 24 | $2.50 | $0.40 | ||
| Q3 24 | $2.50 | $1.09 | ||
| Q2 24 | $2.14 | $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 | $631.0M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $1.3B | $2.1B |
| 总资产 | $3.5B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ANFMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $631.0M | $1.2B | ||
| Q3 25 | $603.5M | $691.9M | ||
| Q2 25 | $607.6M | $870.5M | ||
| Q1 25 | $888.9M | $1.2B | ||
| Q4 24 | $738.9M | $1.4B | ||
| Q3 24 | $738.4M | $723.5M | ||
| Q2 24 | $864.2M | $722.4M |
总债务ANFMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益ANFMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.3B | $2.2B | ||
| Q3 25 | $1.3B | $2.3B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.2B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.1B | $2.0B |
总资产ANFMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $3.5B | $6.6B | ||
| Q3 25 | $3.3B | $6.6B | ||
| Q2 25 | $3.1B | $6.2B | ||
| Q1 25 | $3.3B | $6.2B | ||
| Q4 24 | $3.3B | $6.5B | ||
| Q3 24 | $3.0B | $6.5B | ||
| Q2 24 | $3.0B | $5.9B |
负债/权益比ANFMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 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 | $200.1M | — |
| 自由现金流经营现金流 - 资本支出 | $131.8M | $-88.1M |
| 自由现金流率自由现金流/营收 | 10.2% | -10.2% |
| 资本支出强度资本支出/营收 | 5.3% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.77× | — |
| 过去12个月自由现金流最近4个季度 | $384.5M | — |
8季度趋势，按日历期对齐
经营现金流ANFMAT
| Q1 26 | — | — | ||
| Q4 25 | $200.1M | $796.6M | ||
| Q3 25 | $116.9M | $72.0M | ||
| Q2 25 | $-4.0M | $-300.1M | ||
| Q1 25 | $307.6M | $24.8M | ||
| Q4 24 | $142.6M | $862.1M | ||
| Q3 24 | $165.1M | $155.8M | ||
| Q2 24 | $95.0M | $-252.9M |
自由现金流ANFMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $131.8M | — | ||
| Q3 25 | $50.7M | — | ||
| Q2 25 | $-54.8M | — | ||
| Q1 25 | $256.8M | — | ||
| Q4 24 | $92.2M | — | ||
| Q3 24 | $122.3M | — | ||
| Q2 24 | $56.1M | — |
自由现金流率ANFMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 4.2% | — | ||
| Q2 25 | -5.0% | — | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 10.8% | — | ||
| Q2 24 | 5.5% | — |
资本支出强度ANFMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 5.3% | — | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | 4.6% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 3.8% | — |
现金转化率ANFMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.77× | 7.50× | ||
| Q3 25 | 0.83× | 0.26× | ||
| Q2 25 | -0.05× | -5.62× | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.08× | 6.12× | ||
| Q3 24 | 1.24× | 0.42× | ||
| Q2 24 | 0.83× | -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
ANF
| Hollister | $673.3M | 52% |
| Abercrombie | $617.3M | 48% |
| Gift Card | $25.7M | 2% |
| Royalty | $19.5M | 2% |
MAT
暂无分部数据
