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Arhaus, Inc.（ARHS）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是Arhaus, Inc.的1.3倍（$463.1M vs $364.8M），Mativ Holdings, Inc.净利率更高（21.8% vs 4.1%，领先17.6%），Arhaus, Inc.同比增速更快（5.1% vs 1.0%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-8.8M），过去两年Arhaus, Inc.的营收复合增速更高（11.2% vs -3.8%）
Arhaus, Inc.是源自美国的高端家居零售企业，总部位于俄亥俄州波士顿高地，1986年正式创立。品牌主打可持续理念与工匠级品质，产品品类丰富，采用全渠道模式面向个人消费者及企业客户，覆盖民用与商用家居场景，提供相关产品与配套服务。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
ARHS vs MATV — 直观对比
营收规模更大
MATV
是对方的1.3倍
$364.8M
营收增速更快
ARHS
高出4.2%
1.0%
净利率更高
MATV
高出17.6%
4.1%
自由现金流更多
MATV
多$16.8M
$-8.8M
两年增速更快
ARHS
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $364.8M | $463.1M |
| 净利润 | $15.1M | $100.8M |
| 毛利率 | 38.1% | 18.8% |
| 营业利润率 | 5.6% | 2.2% |
| 净利率 | 4.1% | 21.8% |
| 营收同比 | 5.1% | 1.0% |
| 净利润同比 | -29.1% | 6620.0% |
| 每股收益（稀释后） | $0.11 | $1.87 |
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ARHSMATV
| Q4 25 | $364.8M | $463.1M | ||
| Q3 25 | $344.6M | $513.7M | ||
| Q2 25 | $358.4M | $525.4M | ||
| Q1 25 | $311.4M | $484.8M | ||
| Q4 24 | $347.0M | $458.6M | ||
| Q3 24 | $319.1M | $498.5M | ||
| Q2 24 | $309.8M | $523.8M | ||
| Q1 24 | $295.2M | $500.2M |
净利润ARHSMATV
| Q4 25 | $15.1M | $100.8M | ||
| Q3 25 | $12.2M | $-3.2M | ||
| Q2 25 | $35.1M | $-9.5M | ||
| Q1 25 | $4.9M | $-425.5M | ||
| Q4 24 | $21.3M | $1.5M | ||
| Q3 24 | $9.9M | $-20.8M | ||
| Q2 24 | $22.2M | $-1.4M | ||
| Q1 24 | $15.1M | $-28.0M |
毛利率ARHSMATV
| Q4 25 | 38.1% | 18.8% | ||
| Q3 25 | 38.7% | 19.3% | ||
| Q2 25 | 41.4% | 19.7% | ||
| Q1 25 | 37.1% | 15.0% | ||
| Q4 24 | 40.0% | 16.9% | ||
| Q3 24 | 38.6% | 18.8% | ||
| Q2 24 | 40.1% | 20.8% | ||
| Q1 24 | 39.0% | 16.8% |
营业利润率ARHSMATV
| Q4 25 | 5.6% | 2.2% | ||
| Q3 25 | 4.8% | 3.1% | ||
| Q2 25 | 13.0% | 3.8% | ||
| Q1 25 | 1.7% | -88.8% | ||
| Q4 24 | 8.2% | 0.6% | ||
| Q3 24 | 3.3% | 1.4% | ||
| Q2 24 | 9.5% | 2.0% | ||
| Q1 24 | 6.2% | -2.8% |
净利率ARHSMATV
| Q4 25 | 4.1% | 21.8% | ||
| Q3 25 | 3.5% | -0.6% | ||
| Q2 25 | 9.8% | -1.8% | ||
| Q1 25 | 1.6% | -87.8% | ||
| Q4 24 | 6.1% | 0.3% | ||
| Q3 24 | 3.1% | -4.2% | ||
| Q2 24 | 7.2% | -0.3% | ||
| Q1 24 | 5.1% | -5.6% |
每股收益（稀释后）ARHSMATV
| Q4 25 | $0.11 | $1.87 | ||
| Q3 25 | $0.09 | $-0.06 | ||
| Q2 25 | $0.25 | $-0.18 | ||
| Q1 25 | $0.03 | $-7.82 | ||
| Q4 24 | $0.15 | $0.03 | ||
| Q3 24 | $0.07 | $-0.38 | ||
| Q2 24 | $0.16 | $-0.03 | ||
| Q1 24 | $0.11 | $-0.52 |
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 | $253.4M | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $418.2M | $498.7M |
| 总资产 | $1.4B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资ARHSMATV
| Q4 25 | $253.4M | $84.2M | ||
| Q3 25 | $262.2M | $97.1M | ||
| Q2 25 | $234.8M | $95.6M | ||
| Q1 25 | $214.4M | $84.0M | ||
| Q4 24 | $197.5M | $94.3M | ||
| Q3 24 | $177.7M | $162.2M | ||
| Q2 24 | $174.2M | $133.4M | ||
| Q1 24 | $233.2M | $128.9M |
总债务ARHSMATV
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益ARHSMATV
| Q4 25 | $418.2M | $498.7M | ||
| Q3 25 | $400.4M | $397.4M | ||
| Q2 25 | $385.6M | $416.6M | ||
| Q1 25 | $348.8M | $428.2M | ||
| Q4 24 | $343.7M | $858.5M | ||
| Q3 24 | $320.6M | $882.3M | ||
| Q2 24 | $309.3M | $898.0M | ||
| Q1 24 | $285.6M | $906.9M |
总资产ARHSMATV
| Q4 25 | $1.4B | $2.1B | ||
| Q3 25 | $1.4B | $2.0B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.3B | $2.1B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.2B | $2.6B | ||
| Q2 24 | $1.2B | $2.6B | ||
| Q1 24 | $1.2B | $2.7B |
负债/权益比ARHSMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $9.3M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $-8.8M | $8.0M |
| 自由现金流率自由现金流/营收 | -2.4% | 1.7% |
| 资本支出强度资本支出/营收 | 5.0% | 2.4% |
| 现金转化率经营现金流/净利润 | 0.62× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $59.0M | $93.8M |
8季度趋势，按日历期对齐
经营现金流ARHSMATV
| Q4 25 | $9.3M | $19.3M | ||
| Q3 25 | $46.1M | $72.8M | ||
| Q2 25 | $34.9M | $57.6M | ||
| Q1 25 | $46.5M | $-15.9M | ||
| Q4 24 | $31.7M | $24.1M | ||
| Q3 24 | $31.1M | $37.6M | ||
| Q2 24 | $47.5M | $46.1M | ||
| Q1 24 | $36.8M | $-13.0M |
自由现金流ARHSMATV
| Q4 25 | $-8.8M | $8.0M | ||
| Q3 25 | $28.0M | $66.7M | ||
| Q2 25 | $20.9M | $48.9M | ||
| Q1 25 | $18.9M | $-29.8M | ||
| Q4 24 | $13.0M | $2.0M | ||
| Q3 24 | $4.6M | $25.5M | ||
| Q2 24 | $11.3M | $37.4M | ||
| Q1 24 | $10.9M | $-25.1M |
自由现金流率ARHSMATV
| Q4 25 | -2.4% | 1.7% | ||
| Q3 25 | 8.1% | 13.0% | ||
| Q2 25 | 5.8% | 9.3% | ||
| Q1 25 | 6.1% | -6.1% | ||
| Q4 24 | 3.7% | 0.4% | ||
| Q3 24 | 1.4% | 5.1% | ||
| Q2 24 | 3.6% | 7.1% | ||
| Q1 24 | 3.7% | -5.0% |
资本支出强度ARHSMATV
| Q4 25 | 5.0% | 2.4% | ||
| Q3 25 | 5.3% | 1.2% | ||
| Q2 25 | 3.9% | 1.7% | ||
| Q1 25 | 8.9% | 2.9% | ||
| Q4 24 | 5.4% | 4.8% | ||
| Q3 24 | 8.3% | 2.4% | ||
| Q2 24 | 11.7% | 1.7% | ||
| Q1 24 | 8.8% | 2.4% |
现金转化率ARHSMATV
| Q4 25 | 0.62× | 0.19× | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 9.53× | — | ||
| Q4 24 | 1.49× | 16.07× | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | — |
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
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
