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亚朵集团（ATAT）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是亚朵集团的1.1倍（$851.9M vs $789.6M），亚朵集团净利率更高（17.6% vs 16.8%，领先0.8%），亚朵集团同比增速更快（252.5% vs -4.3%），亚朵集团自由现金流更多（$210.7M vs $42.2M）
亚朵生活控股是中国领先的文旅生活服务企业，主营中高端连锁酒店运营业务，面向商旅及休闲出行人群提供高品质住宿服务，同时配套布局生活文创零售、场景体验等多元业务，覆盖国内核心城市及部分海外市场。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
ATAT vs MATX — 直观对比
营收规模更大
MATX
是对方的1.1倍
$789.6M
营收增速更快
ATAT
高出256.9%
-4.3%
净利率更高
ATAT
高出0.8%
16.8%
自由现金流更多
ATAT
多$168.5M
$42.2M
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $789.6M | $851.9M |
| 净利润 | $139.1M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | 22.5% | 16.9% |
| 净利率 | 17.6% | 16.8% |
| 营收同比 | 252.5% | -4.3% |
| 净利润同比 | 322.2% | 11.8% |
| 每股收益（稀释后） | $0.33 | $4.47 |
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ATATMATX
| Q4 25 | — | $851.9M | ||
| Q3 25 | $789.6M | $880.1M | ||
| Q2 25 | — | $830.5M | ||
| Q1 25 | — | $782.0M | ||
| Q4 24 | — | $890.3M | ||
| Q3 24 | $224.0M | $962.0M | ||
| Q2 24 | — | $847.4M | ||
| Q1 24 | $203.4M | $722.1M |
净利润ATATMATX
| Q4 25 | — | $143.1M | ||
| Q3 25 | $139.1M | $134.7M | ||
| Q2 25 | — | $94.7M | ||
| Q1 25 | — | $72.3M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | $33.0M | $199.1M | ||
| Q2 24 | — | $113.2M | ||
| Q1 24 | $35.6M | $36.1M |
营业利润率ATATMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | 22.5% | 18.3% | ||
| Q2 25 | — | 13.6% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 14.7% | 25.2% | ||
| Q2 24 | — | 14.7% | ||
| Q1 24 | 22.1% | 5.1% |
净利率ATATMATX
| Q4 25 | — | 16.8% | ||
| Q3 25 | 17.6% | 15.3% | ||
| Q2 25 | — | 11.4% | ||
| Q1 25 | — | 9.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 14.7% | 20.7% | ||
| Q2 24 | — | 13.4% | ||
| Q1 24 | 17.5% | 5.0% |
每股收益（稀释后）ATATMATX
| Q4 25 | — | $4.47 | ||
| Q3 25 | $0.33 | $4.24 | ||
| Q2 25 | — | $2.92 | ||
| Q1 25 | — | $2.18 | ||
| Q4 24 | — | $3.69 | ||
| Q3 24 | $0.08 | $5.89 | ||
| Q2 24 | — | $3.31 | ||
| Q1 24 | $0.09 | $1.04 |
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 | $669.2M | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $405.0M | $2.8B |
| 总资产 | $1.1B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资ATATMATX
| Q4 25 | — | $141.9M | ||
| Q3 25 | $669.2M | $92.7M | ||
| Q2 25 | — | $59.1M | ||
| Q1 25 | — | $122.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | $506.0M | $270.3M | ||
| Q2 24 | — | $168.2M | ||
| Q1 24 | $520.7M | $25.9M |
总债务ATATMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | $277.0K | $390.8M |
股东权益ATATMATX
| Q4 25 | — | $2.8B | ||
| Q3 25 | $405.0M | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | $291.3M | $2.6B | ||
| Q2 24 | — | $2.4B | ||
| Q1 24 | $323.5M | $2.4B |
总资产ATATMATX
| Q4 25 | — | $4.6B | ||
| Q3 25 | $1.1B | $4.6B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $927.8M | $4.4B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | $936.3M | $4.2B |
负债/权益比ATATMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | 0.00× | 0.16× |
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 | $216.6M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $210.7M | $42.2M |
| 自由现金流率自由现金流/营收 | 26.7% | 5.0% |
| 资本支出强度资本支出/营收 | 0.8% | 15.8% |
| 现金转化率经营现金流/净利润 | 1.56× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $359.6M | $153.7M |
8季度趋势，按日历期对齐
经营现金流ATATMATX
| Q4 25 | — | $176.9M | ||
| Q3 25 | $216.6M | $175.6M | ||
| Q2 25 | — | $105.6M | ||
| Q1 25 | — | $89.0M | ||
| Q4 24 | — | $174.7M | ||
| Q3 24 | $84.8M | $248.6M | ||
| Q2 24 | — | $307.9M | ||
| Q1 24 | $19.8M | $36.6M |
自由现金流ATATMATX
| Q4 25 | — | $42.2M | ||
| Q3 25 | $210.7M | $92.4M | ||
| Q2 25 | — | $19.3M | ||
| Q1 25 | — | $-200.0K | ||
| Q4 24 | — | $49.3M | ||
| Q3 24 | $83.3M | $189.0M | ||
| Q2 24 | — | $238.1M | ||
| Q1 24 | $18.1M | $-18.7M |
自由现金流率ATATMATX
| Q4 25 | — | 5.0% | ||
| Q3 25 | 26.7% | 10.5% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | -0.0% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | 37.2% | 19.6% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | 8.9% | -2.6% |
资本支出强度ATATMATX
| Q4 25 | — | 15.8% | ||
| Q3 25 | 0.8% | 9.5% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | 0.7% | 6.2% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | 0.9% | 7.7% |
现金转化率ATATMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | 1.56× | 1.30× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | 2.57× | 1.25× | ||
| Q2 24 | — | 2.72× | ||
| Q1 24 | 0.56× | 1.01× |
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
ATAT
暂无分部数据
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
