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ARKO Corp.（ARKO）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
ARKO Corp.的季度营收约是美泰的1.0倍（$1.8B vs $1.8B），美泰净利率更高（6.0% vs 0.1%，领先5.9%），美泰同比增速更快（7.3% vs -9.9%），过去两年美泰的营收复合增速更高（47.7% vs -7.0%）
ARKO Corp.是美国知名的便利店与燃油零售运营商，业务覆盖美国多个州，面向消费者销售生鲜食品、饮品、日用必需品等商品，同时提供燃油零售及面向商业合作伙伴的批发配送服务。
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。
ARKO vs MAT — 直观对比
营收规模更大
ARKO
是对方的1.0倍
$1.8B
营收增速更快
MAT
高出17.2%
-9.9%
净利率更高
MAT
高出5.9%
0.1%
两年增速更快
MAT
近两年复合增速
-7.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.8B |
| 净利润 | $1.9M | $106.2M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 1.2% | 8.0% |
| 净利率 | 0.1% | 6.0% |
| 营收同比 | -9.9% | 7.3% |
| 净利润同比 | 180.9% | -24.6% |
| 每股收益（稀释后） | $0.01 | $0.32 |
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ARKOMAT
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | $1.8B | $826.6M | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.4B | $1.1B | ||
| Q1 24 | $2.1B | $809.5M |
净利润ARKOMAT
| Q4 25 | $1.9M | $106.2M | ||
| Q3 25 | $13.5M | $278.4M | ||
| Q2 25 | $20.1M | $53.4M | ||
| Q1 25 | $-12.7M | $-40.3M | ||
| Q4 24 | $-2.3M | $140.9M | ||
| Q3 24 | $9.7M | $372.4M | ||
| Q2 24 | $14.1M | $56.9M | ||
| Q1 24 | $-594.0K | $-28.3M |
毛利率ARKOMAT
| 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% | ||
| Q1 24 | — | 48.0% |
营业利润率ARKOMAT
| Q4 25 | 1.2% | 8.0% | ||
| Q3 25 | 1.8% | 21.9% | ||
| Q2 25 | 2.8% | 7.7% | ||
| Q1 25 | -0.6% | -6.4% | ||
| Q4 24 | 0.7% | 9.6% | ||
| Q3 24 | 1.8% | 26.5% | ||
| Q2 24 | 1.8% | 7.7% | ||
| Q1 24 | -0.2% | -4.4% |
净利率ARKOMAT
| Q4 25 | 0.1% | 6.0% | ||
| Q3 25 | 0.7% | 16.0% | ||
| Q2 25 | 1.0% | 5.2% | ||
| Q1 25 | -0.7% | -4.9% | ||
| Q4 24 | -0.1% | 8.6% | ||
| Q3 24 | 0.4% | 20.2% | ||
| Q2 24 | 0.6% | 5.3% | ||
| Q1 24 | -0.0% | -3.5% |
每股收益（稀释后）ARKOMAT
| Q4 25 | $0.01 | $0.32 | ||
| Q3 25 | $0.10 | $0.88 | ||
| Q2 25 | $0.16 | $0.16 | ||
| Q1 25 | $-0.12 | $-0.12 | ||
| Q4 24 | $-0.03 | $0.40 | ||
| Q3 24 | $0.07 | $1.09 | ||
| Q2 24 | $0.11 | $0.17 | ||
| Q1 24 | $-0.02 | $-0.08 |
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 | $311.5M | $1.2B |
| 总债务越低越好 | $912.1M | $2.3B |
| 股东权益账面价值 | $267.2M | $2.2B |
| 总资产 | $3.5B | $6.6B |
| 负债/权益比越低杠杆越低 | 3.41× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资ARKOMAT
| Q4 25 | $311.5M | $1.2B | ||
| Q3 25 | $313.2M | $691.9M | ||
| Q2 25 | $299.7M | $870.5M | ||
| Q1 25 | $271.1M | $1.2B | ||
| Q4 24 | $267.1M | $1.4B | ||
| Q3 24 | $296.8M | $723.5M | ||
| Q2 24 | $236.5M | $722.4M | ||
| Q1 24 | $189.1M | $1.1B |
总债务ARKOMAT
| Q4 25 | $912.1M | $2.3B | ||
| Q3 25 | $911.6M | $2.3B | ||
| Q2 25 | $916.4M | $2.3B | ||
| Q1 25 | $880.1M | $2.3B | ||
| Q4 24 | $881.0M | $2.3B | ||
| Q3 24 | $884.7M | $2.3B | ||
| Q2 24 | $889.9M | $2.3B | ||
| Q1 24 | $885.0M | $2.3B |
股东权益ARKOMAT
| Q4 25 | $267.2M | $2.2B | ||
| Q3 25 | $273.1M | $2.3B | ||
| Q2 25 | $264.8M | $2.2B | ||
| Q1 25 | $255.2M | $2.1B | ||
| Q4 24 | $276.9M | $2.3B | ||
| Q3 24 | $280.0M | $2.3B | ||
| Q2 24 | $273.1M | $2.0B | ||
| Q1 24 | $261.2M | $2.0B |
总资产ARKOMAT
| Q4 25 | $3.5B | $6.6B | ||
| Q3 25 | $3.6B | $6.6B | ||
| Q2 25 | $3.6B | $6.2B | ||
| Q1 25 | $3.6B | $6.2B | ||
| Q4 24 | $3.6B | $6.5B | ||
| Q3 24 | $3.7B | $6.5B | ||
| Q2 24 | $3.7B | $5.9B | ||
| Q1 24 | $3.6B | $6.1B |
负债/权益比ARKOMAT
| Q4 25 | 3.41× | 1.04× | ||
| Q3 25 | 3.34× | 1.03× | ||
| Q2 25 | 3.46× | 1.08× | ||
| Q1 25 | 3.45× | 1.10× | ||
| Q4 24 | 3.18× | 1.03× | ||
| Q3 24 | 3.16× | 1.01× | ||
| Q2 24 | 3.26× | 1.18× | ||
| Q1 24 | 3.39× | 1.15× |
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 | $44.6M | $796.6M |
| 自由现金流经营现金流 - 资本支出 | $14.9M | — |
| 自由现金流率自由现金流/营收 | 0.8% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 23.98× | 7.50× |
| 过去12个月自由现金流最近4个季度 | $65.3M | — |
8季度趋势，按日历期对齐
经营现金流ARKOMAT
| Q4 25 | $44.6M | $796.6M | ||
| Q3 25 | $49.4M | $72.0M | ||
| Q2 25 | $55.2M | $-300.1M | ||
| Q1 25 | $43.4M | $24.8M | ||
| Q4 24 | $22.7M | $862.1M | ||
| Q3 24 | $109.2M | $155.8M | ||
| Q2 24 | $77.2M | $-252.9M | ||
| Q1 24 | $12.8M | $35.5M |
自由现金流ARKOMAT
| Q4 25 | $14.9M | — | ||
| Q3 25 | $24.5M | — | ||
| Q2 25 | $9.8M | — | ||
| Q1 25 | $16.0M | — | ||
| Q4 24 | $-13.4M | — | ||
| Q3 24 | $79.9M | — | ||
| Q2 24 | $57.9M | — | ||
| Q1 24 | $-16.5M | — |
自由现金流率ARKOMAT
| Q4 25 | 0.8% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.9% | — | ||
| Q4 24 | -0.7% | — | ||
| Q3 24 | 3.5% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | -0.8% | — |
资本支出强度ARKOMAT
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 1.3% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 1.4% | — |
现金转化率ARKOMAT
| Q4 25 | 23.98× | 7.50× | ||
| Q3 25 | 3.67× | 0.26× | ||
| Q2 25 | 2.75× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 11.28× | 0.42× | ||
| Q2 24 | 5.49× | -4.45× | ||
| Q1 24 | — | — |
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
ARKO
| Fuel Products | $1.4B | 79% |
| Merchandise Products | $338.1M | 19% |
| Other Product | $33.6M | 2% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
