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普立万（AVNT）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是普立万的1.1倍（$862.2M vs $760.6M），美泰净利率更高（7.1% vs 2.2%，领先4.9%），美泰同比增速更快（4.3% vs 1.9%），普立万自由现金流更多（$125.4M vs $-88.1M），过去两年普立万的营收复合增速更高（-4.2% vs -10.6%）
普立万公司是一家全球性材料解决方案供应商，总部位于美国俄亥俄州埃文湖，全球员工约9000人。主营产品涵盖色母粒、先进复合材料、功能添加剂以及工程材料，为多行业客户提供定制化的材料相关技术支持与解决方案。
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。
AVNT vs MAT — 直观对比
营收规模更大
MAT
是对方的1.1倍
$760.6M
营收增速更快
MAT
高出2.4%
1.9%
净利率更高
MAT
高出4.9%
2.2%
自由现金流更多
AVNT
多$213.5M
$-88.1M
两年增速更快
AVNT
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $760.6M | $862.2M |
| 净利润 | $16.9M | $61.0M |
| 毛利率 | 30.2% | 44.9% |
| 营业利润率 | 5.2% | — |
| 净利率 | 2.2% | 7.1% |
| 营收同比 | 1.9% | 4.3% |
| 净利润同比 | -65.0% | 251.4% |
| 每股收益（稀释后） | $0.18 | $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AVNTMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $760.6M | $1.8B | ||
| Q3 25 | $806.5M | $1.7B | ||
| Q2 25 | $866.5M | $1.0B | ||
| Q1 25 | $826.6M | $826.6M | ||
| Q4 24 | $746.5M | $1.6B | ||
| Q3 24 | $815.2M | $1.8B | ||
| Q2 24 | $849.7M | $1.1B |
净利润AVNTMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $16.9M | $106.2M | ||
| Q3 25 | $32.6M | $278.4M | ||
| Q2 25 | $52.6M | $53.4M | ||
| Q1 25 | $-20.2M | $-40.3M | ||
| Q4 24 | $48.3M | $140.9M | ||
| Q3 24 | $38.2M | $372.4M | ||
| Q2 24 | $33.6M | $56.9M |
毛利率AVNTMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 30.2% | 45.9% | ||
| Q3 25 | 30.4% | 50.0% | ||
| Q2 25 | 32.1% | 50.9% | ||
| Q1 25 | 31.8% | 49.4% | ||
| Q4 24 | 34.8% | 50.7% | ||
| Q3 24 | 32.1% | 53.1% | ||
| Q2 24 | 30.3% | 49.2% |
营业利润率AVNTMAT
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 8.0% | ||
| Q3 25 | 8.3% | 21.9% | ||
| Q2 25 | 11.1% | 7.7% | ||
| Q1 25 | 0.1% | -6.4% | ||
| Q4 24 | 11.5% | 9.6% | ||
| Q3 24 | 9.5% | 26.5% | ||
| Q2 24 | 8.5% | 7.7% |
净利率AVNTMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 2.2% | 6.0% | ||
| Q3 25 | 4.0% | 16.0% | ||
| Q2 25 | 6.1% | 5.2% | ||
| Q1 25 | -2.4% | -4.9% | ||
| Q4 24 | 6.5% | 8.6% | ||
| Q3 24 | 4.7% | 20.2% | ||
| Q2 24 | 4.0% | 5.3% |
每股收益（稀释后）AVNTMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.18 | $0.32 | ||
| Q3 25 | $0.36 | $0.88 | ||
| Q2 25 | $0.57 | $0.16 | ||
| Q1 25 | $-0.22 | $-0.12 | ||
| Q4 24 | $0.53 | $0.40 | ||
| Q3 24 | $0.41 | $1.09 | ||
| Q2 24 | $0.36 | $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 | — | $866.0M |
| 总债务越低越好 | $1.9B | $2.3B |
| 股东权益账面价值 | $2.4B | $2.1B |
| 总资产 | $6.0B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.81× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资AVNTMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $691.9M | ||
| Q2 25 | — | $870.5M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $723.5M | ||
| Q2 24 | — | $722.4M |
总债务AVNTMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.9B | $2.3B | ||
| Q3 25 | $2.0B | $2.3B | ||
| Q2 25 | $2.0B | $2.3B | ||
| Q1 25 | $2.1B | $2.3B | ||
| Q4 24 | $2.1B | $2.3B | ||
| Q3 24 | $2.1B | $2.3B | ||
| Q2 24 | $2.1B | $2.3B |
股东权益AVNTMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.4B | $2.2B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.4B | $2.2B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.3B | $2.3B | ||
| Q3 24 | $2.4B | $2.3B | ||
| Q2 24 | $2.3B | $2.0B |
总资产AVNTMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $6.0B | $6.6B | ||
| Q3 25 | $6.1B | $6.6B | ||
| Q2 25 | $6.1B | $6.2B | ||
| Q1 25 | $5.8B | $6.2B | ||
| Q4 24 | $5.8B | $6.5B | ||
| Q3 24 | $6.0B | $6.5B | ||
| Q2 24 | $5.9B | $5.9B |
负债/权益比AVNTMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.81× | 1.04× | ||
| Q3 25 | 0.83× | 1.03× | ||
| Q2 25 | 0.86× | 1.08× | ||
| Q1 25 | 0.90× | 1.10× | ||
| Q4 24 | 0.89× | 1.03× | ||
| Q3 24 | 0.88× | 1.01× | ||
| Q2 24 | 0.90× | 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 | $167.8M | — |
| 自由现金流经营现金流 - 资本支出 | $125.4M | $-88.1M |
| 自由现金流率自由现金流/营收 | 16.5% | -10.2% |
| 资本支出强度资本支出/营收 | 5.6% | 7.6% |
| 现金转化率经营现金流/净利润 | 9.93× | — |
| 过去12个月自由现金流最近4个季度 | $195.0M | — |
8季度趋势，按日历期对齐
经营现金流AVNTMAT
| Q1 26 | — | — | ||
| Q4 25 | $167.8M | $796.6M | ||
| Q3 25 | $72.1M | $72.0M | ||
| Q2 25 | $112.8M | $-300.1M | ||
| Q1 25 | $-51.1M | $24.8M | ||
| Q4 24 | $122.6M | $862.1M | ||
| Q3 24 | $71.1M | $155.8M | ||
| Q2 24 | $105.9M | $-252.9M |
自由现金流AVNTMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $125.4M | — | ||
| Q3 25 | $47.4M | — | ||
| Q2 25 | $85.8M | — | ||
| Q1 25 | $-63.6M | — | ||
| Q4 24 | $81.5M | — | ||
| Q3 24 | $46.1M | — | ||
| Q2 24 | $74.5M | — |
自由现金流率AVNTMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 16.5% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | -7.7% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 8.8% | — |
资本支出强度AVNTMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 5.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 3.7% | — |
现金转化率AVNTMAT
| Q1 26 | — | — | ||
| Q4 25 | 9.93× | 7.50× | ||
| Q3 25 | 2.21× | 0.26× | ||
| Q2 25 | 2.14× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.54× | 6.12× | ||
| Q3 24 | 1.86× | 0.42× | ||
| Q2 24 | 3.15× | -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
AVNT
| Color Additives And Inks | $466.0M | 61% |
| Specialty Engineered Materials | $295.5M | 39% |
MAT
暂无分部数据
