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Atmos Energy（ATO）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
Atmos Energy的季度营收约是美泰的1.6倍（$1.3B vs $862.2M），Atmos Energy净利率更高（30.0% vs 7.1%，领先22.9%），Atmos Energy同比增速更快（14.2% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-725.3M），过去两年Atmos Energy的营收复合增速更高（-9.7% vs -10.6%）
Atmos Energy总部位于美国得克萨斯州达拉斯，是美国规模最大的纯天然气分销商之一，业务覆盖美国9个州的1400多个社区，为东起蓝岭山脉、西至落基山脉区域内的约300万天然气用户提供服务。
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。
ATO vs MAT — 直观对比
营收规模更大
ATO
是对方的1.6倍
$862.2M
营收增速更快
ATO
高出9.9%
4.3%
净利率更高
ATO
高出22.9%
7.1%
自由现金流更多
MAT
多$637.2M
$-725.3M
两年增速更快
ATO
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $862.2M |
| 净利润 | $403.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 38.3% | — |
| 净利率 | 30.0% | 7.1% |
| 营收同比 | 14.2% | 4.3% |
| 净利润同比 | 14.5% | 251.4% |
| 每股收益（稀释后） | $2.44 | $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ATOMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $737.5M | $1.7B | ||
| Q2 25 | $838.8M | $1.0B | ||
| Q1 25 | $2.0B | $826.6M | ||
| Q4 24 | $1.2B | $1.6B | ||
| Q3 24 | $657.9M | $1.8B | ||
| Q2 24 | $701.5M | $1.1B |
净利润ATOMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $403.0M | $106.2M | ||
| Q3 25 | $174.9M | $278.4M | ||
| Q2 25 | $186.4M | $53.4M | ||
| Q1 25 | $485.6M | $-40.3M | ||
| Q4 24 | $351.9M | $140.9M | ||
| Q3 24 | $134.0M | $372.4M | ||
| Q2 24 | $165.6M | $56.9M |
毛利率ATOMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | 60.0% | 49.4% | ||
| Q4 24 | 80.1% | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率ATOMAT
| Q1 26 | — | — | ||
| Q4 25 | 38.3% | 8.0% | ||
| Q3 25 | 29.8% | 21.9% | ||
| Q2 25 | 30.1% | 7.7% | ||
| Q1 25 | 32.2% | -6.4% | ||
| Q4 24 | 39.1% | 9.6% | ||
| Q3 24 | 28.1% | 26.5% | ||
| Q2 24 | 31.4% | 7.7% |
净利率ATOMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 30.0% | 6.0% | ||
| Q3 25 | 23.7% | 16.0% | ||
| Q2 25 | 22.2% | 5.2% | ||
| Q1 25 | 24.9% | -4.9% | ||
| Q4 24 | 29.9% | 8.6% | ||
| Q3 24 | 20.4% | 20.2% | ||
| Q2 24 | 23.6% | 5.3% |
每股收益（稀释后）ATOMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $2.44 | $0.32 | ||
| Q3 25 | $1.04 | $0.88 | ||
| Q2 25 | $1.16 | $0.16 | ||
| Q1 25 | $3.03 | $-0.12 | ||
| Q4 24 | $2.23 | $0.40 | ||
| Q3 24 | $0.82 | $1.09 | ||
| Q2 24 | $1.08 | $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 | $367.0M | $866.0M |
| 总债务越低越好 | $9.6B | $2.3B |
| 股东权益账面价值 | $14.3B | $2.1B |
| 总资产 | $29.8B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.67× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资ATOMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $367.0M | $1.2B | ||
| Q3 25 | $202.7M | $691.9M | ||
| Q2 25 | $709.4M | $870.5M | ||
| Q1 25 | $543.5M | $1.2B | ||
| Q4 24 | $584.5M | $1.4B | ||
| Q3 24 | $307.3M | $723.5M | ||
| Q2 24 | $674.6M | $722.4M |
总债务ATOMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $9.6B | $2.3B | ||
| Q3 25 | $8.9B | $2.3B | ||
| Q2 25 | $8.9B | $2.3B | ||
| Q1 25 | $8.4B | $2.3B | ||
| Q4 24 | $8.4B | $2.3B | ||
| Q3 24 | $7.8B | $2.3B | ||
| Q2 24 | $7.8B | $2.3B |
股东权益ATOMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $14.3B | $2.2B | ||
| Q3 25 | $13.6B | $2.3B | ||
| Q2 25 | $13.4B | $2.2B | ||
| Q1 25 | $13.1B | $2.1B | ||
| Q4 24 | $12.8B | $2.3B | ||
| Q3 24 | $12.2B | $2.3B | ||
| Q2 24 | $12.2B | $2.0B |
总资产ATOMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $29.8B | $6.6B | ||
| Q3 25 | $28.2B | $6.6B | ||
| Q2 25 | $27.7B | $6.2B | ||
| Q1 25 | $27.0B | $6.2B | ||
| Q4 24 | $26.5B | $6.5B | ||
| Q3 24 | $25.2B | $6.5B | ||
| Q2 24 | $24.9B | $5.9B |
负债/权益比ATOMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.67× | 1.04× | ||
| Q3 25 | 0.66× | 1.03× | ||
| Q2 25 | 0.67× | 1.08× | ||
| Q1 25 | 0.64× | 1.10× | ||
| Q4 24 | 0.66× | 1.03× | ||
| Q3 24 | 0.64× | 1.01× | ||
| Q2 24 | 0.64× | 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 | $308.1M | — |
| 自由现金流经营现金流 - 资本支出 | $-725.3M | $-88.1M |
| 自由现金流率自由现金流/营收 | -54.0% | -10.2% |
| 资本支出强度资本支出/营收 | 77.0% | 7.6% |
| 现金转化率经营现金流/净利润 | 0.76× | — |
| 过去12个月自由现金流最近4个季度 | $-1.6B | — |
8季度趋势，按日历期对齐
经营现金流ATOMAT
| Q1 26 | — | — | ||
| Q4 25 | $308.1M | $796.6M | ||
| Q3 25 | $348.1M | $72.0M | ||
| Q2 25 | $496.4M | $-300.1M | ||
| Q1 25 | $922.9M | $24.8M | ||
| Q4 24 | $282.0M | $862.1M | ||
| Q3 24 | $330.7M | $155.8M | ||
| Q2 24 | $411.2M | $-252.9M |
自由现金流ATOMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $-725.3M | — | ||
| Q3 25 | $-615.5M | — | ||
| Q2 25 | $-370.6M | — | ||
| Q1 25 | $83.3M | — | ||
| Q4 24 | $-609.2M | — | ||
| Q3 24 | $-477.3M | — | ||
| Q2 24 | $-302.4M | — |
自由现金流率ATOMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | -54.0% | — | ||
| Q3 25 | -83.5% | — | ||
| Q2 25 | -44.2% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | -51.8% | — | ||
| Q3 24 | -72.5% | — | ||
| Q2 24 | -43.1% | — |
资本支出强度ATOMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 77.0% | — | ||
| Q3 25 | 130.7% | — | ||
| Q2 25 | 103.4% | — | ||
| Q1 25 | 43.0% | — | ||
| Q4 24 | 75.8% | — | ||
| Q3 24 | 122.8% | — | ||
| Q2 24 | 101.7% | — |
现金转化率ATOMAT
| Q1 26 | — | — | ||
| Q4 25 | 0.76× | 7.50× | ||
| Q3 25 | 1.99× | 0.26× | ||
| Q2 25 | 2.66× | -5.62× | ||
| Q1 25 | 1.90× | — | ||
| Q4 24 | 0.80× | 6.12× | ||
| Q3 24 | 2.47× | 0.42× | ||
| Q2 24 | 2.48× | -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
ATO
| Distribution Segment | $1.3B | 94% |
| Transportation Revenue | $41.5M | 3% |
| Other | $39.4M | 3% |
| Miscellaneous Revenue | $2.8M | 0% |
MAT
暂无分部数据
