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ASTRONICS CORP（ATRO）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ASTRONICS CORP的1.9倍（$463.1M vs $240.1M），ASTRONICS CORP同比增速更快（15.1% vs 1.0%），ASTRONICS CORP自由现金流更多（$15.8M vs $8.0M），过去两年ASTRONICS CORP的营收复合增速更高（13.9% vs -3.8%）
Astronics Corporation是一家成立于1968年的美国航空航天电子企业，总部位于纽约州东奥罗拉，在纳斯达克上市，股票代码为ATRO。该公司专注于军用、商用及公务机的照明与电子系统集成业务，同时还提供半导体测试系统，在相关领域拥有较高知名度。
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。
ATRO vs MATV — 直观对比
营收规模更大
MATV
是对方的1.9倍
$240.1M
营收增速更快
ATRO
高出14.1%
1.0%
自由现金流更多
ATRO
多$7.8M
$8.0M
两年增速更快
ATRO
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $240.1M | $463.1M |
| 净利润 | — | $100.8M |
| 毛利率 | 33.3% | 18.8% |
| 营业利润率 | 14.8% | 2.2% |
| 净利率 | — | 21.8% |
| 营收同比 | 15.1% | 1.0% |
| 净利润同比 | — | 6620.0% |
| 每股收益（稀释后） | $0.82 | $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ATROMATV
| Q4 25 | $240.1M | $463.1M | ||
| Q3 25 | $211.4M | $513.7M | ||
| Q2 25 | $204.7M | $525.4M | ||
| Q1 25 | $205.9M | $484.8M | ||
| Q4 24 | $208.5M | $458.6M | ||
| Q3 24 | $203.7M | $498.5M | ||
| Q2 24 | $198.1M | $523.8M | ||
| Q1 24 | $185.1M | $500.2M |
净利润ATROMATV
| Q4 25 | — | $100.8M | ||
| Q3 25 | $-11.1M | $-3.2M | ||
| Q2 25 | $1.3M | $-9.5M | ||
| Q1 25 | $9.5M | $-425.5M | ||
| Q4 24 | — | $1.5M | ||
| Q3 24 | $-11.7M | $-20.8M | ||
| Q2 24 | $1.5M | $-1.4M | ||
| Q1 24 | $-3.2M | $-28.0M |
毛利率ATROMATV
| Q4 25 | 33.3% | 18.8% | ||
| Q3 25 | 30.5% | 19.3% | ||
| Q2 25 | 25.8% | 19.7% | ||
| Q1 25 | 29.5% | 15.0% | ||
| Q4 24 | 29.8% | 16.9% | ||
| Q3 24 | 27.1% | 18.8% | ||
| Q2 24 | 28.0% | 20.8% | ||
| Q1 24 | 25.7% | 16.8% |
营业利润率ATROMATV
| Q4 25 | 14.8% | 2.2% | ||
| Q3 25 | 10.9% | 3.1% | ||
| Q2 25 | 2.3% | 3.8% | ||
| Q1 25 | 6.4% | -88.8% | ||
| Q4 24 | 4.3% | 0.6% | ||
| Q3 24 | 4.1% | 1.4% | ||
| Q2 24 | 3.8% | 2.0% | ||
| Q1 24 | 0.9% | -2.8% |
净利率ATROMATV
| Q4 25 | — | 21.8% | ||
| Q3 25 | -5.2% | -0.6% | ||
| Q2 25 | 0.6% | -1.8% | ||
| Q1 25 | 4.6% | -87.8% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | -5.8% | -4.2% | ||
| Q2 24 | 0.8% | -0.3% | ||
| Q1 24 | -1.7% | -5.6% |
每股收益（稀释后）ATROMATV
| Q4 25 | $0.82 | $1.87 | ||
| Q3 25 | $-0.31 | $-0.06 | ||
| Q2 25 | $0.04 | $-0.18 | ||
| Q1 25 | $0.26 | $-7.82 | ||
| Q4 24 | $-0.07 | $0.03 | ||
| Q3 24 | $-0.34 | $-0.38 | ||
| Q2 24 | $0.04 | $-0.03 | ||
| Q1 24 | $-0.09 | $-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 | $18.2M | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $140.1M | $498.7M |
| 总资产 | $706.7M | $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ATROMATV
| Q4 25 | $18.2M | $84.2M | ||
| Q3 25 | $13.5M | $97.1M | ||
| Q2 25 | $13.5M | $95.6M | ||
| Q1 25 | $24.8M | $84.0M | ||
| Q4 24 | $9.3M | $94.3M | ||
| Q3 24 | $5.2M | $162.2M | ||
| Q2 24 | $2.9M | $133.4M | ||
| Q1 24 | $5.3M | $128.9M |
总债务ATROMATV
| 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ATROMATV
| Q4 25 | $140.1M | $498.7M | ||
| Q3 25 | $108.9M | $397.4M | ||
| Q2 25 | $271.6M | $416.6M | ||
| Q1 25 | $266.8M | $428.2M | ||
| Q4 24 | $256.1M | $858.5M | ||
| Q3 24 | $249.2M | $882.3M | ||
| Q2 24 | $257.9M | $898.0M | ||
| Q1 24 | $251.7M | $906.9M |
总资产ATROMATV
| Q4 25 | $706.7M | $2.1B | ||
| Q3 25 | $682.2M | $2.0B | ||
| Q2 25 | $646.7M | $2.1B | ||
| Q1 25 | $662.2M | $2.1B | ||
| Q4 24 | $648.8M | $2.4B | ||
| Q3 24 | $651.6M | $2.6B | ||
| Q2 24 | $644.9M | $2.6B | ||
| Q1 24 | $630.0M | $2.7B |
负债/权益比ATROMATV
| 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 | $27.6M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $15.8M | $8.0M |
| 自由现金流率自由现金流/营收 | 6.6% | 1.7% |
| 资本支出强度资本支出/营收 | 4.9% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 0.19× |
| 过去12个月自由现金流最近4个季度 | $43.1M | $93.8M |
8季度趋势，按日历期对齐
经营现金流ATROMATV
| Q4 25 | $27.6M | $19.3M | ||
| Q3 25 | $34.2M | $72.8M | ||
| Q2 25 | $-7.6M | $57.6M | ||
| Q1 25 | $20.6M | $-15.9M | ||
| Q4 24 | $26.4M | $24.1M | ||
| Q3 24 | $8.4M | $37.6M | ||
| Q2 24 | $-6.3M | $46.1M | ||
| Q1 24 | $2.0M | $-13.0M |
自由现金流ATROMATV
| Q4 25 | $15.8M | $8.0M | ||
| Q3 25 | $21.0M | $66.7M | ||
| Q2 25 | $-12.2M | $48.9M | ||
| Q1 25 | $18.5M | $-29.8M | ||
| Q4 24 | $23.2M | $2.0M | ||
| Q3 24 | $6.5M | $25.5M | ||
| Q2 24 | $-8.1M | $37.4M | ||
| Q1 24 | $439.0K | $-25.1M |
自由现金流率ATROMATV
| Q4 25 | 6.6% | 1.7% | ||
| Q3 25 | 9.9% | 13.0% | ||
| Q2 25 | -6.0% | 9.3% | ||
| Q1 25 | 9.0% | -6.1% | ||
| Q4 24 | 11.1% | 0.4% | ||
| Q3 24 | 3.2% | 5.1% | ||
| Q2 24 | -4.1% | 7.1% | ||
| Q1 24 | 0.2% | -5.0% |
资本支出强度ATROMATV
| Q4 25 | 4.9% | 2.4% | ||
| Q3 25 | 6.2% | 1.2% | ||
| Q2 25 | 2.2% | 1.7% | ||
| Q1 25 | 1.0% | 2.9% | ||
| Q4 24 | 1.5% | 4.8% | ||
| Q3 24 | 0.9% | 2.4% | ||
| Q2 24 | 0.9% | 1.7% | ||
| Q1 24 | 0.9% | 2.4% |
现金转化率ATROMATV
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | -5.81× | — | ||
| Q1 25 | 2.17× | — | ||
| Q4 24 | — | 16.07× | ||
| Q3 24 | — | — | ||
| Q2 24 | -4.08× | — | ||
| 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
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
