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普立万（AVNT）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普立万的1.1倍（$851.9M vs $760.6M），美森净利率更高（16.8% vs 2.2%，领先14.6%），普立万同比增速更快（1.9% vs -4.3%），普立万自由现金流更多（$125.4M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs -4.2%）
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。
AVNT vs MATX — 直观对比
营收规模更大
MATX
是对方的1.1倍
$760.6M
营收增速更快
AVNT
高出6.2%
-4.3%
净利率更高
MATX
高出14.6%
2.2%
自由现金流更多
AVNT
多$83.2M
$42.2M
两年增速更快
MATX
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $760.6M | $851.9M |
| 净利润 | $16.9M | $143.1M |
| 毛利率 | 30.2% | — |
| 营业利润率 | 5.2% | 16.9% |
| 净利率 | 2.2% | 16.8% |
| 营收同比 | 1.9% | -4.3% |
| 净利润同比 | -65.0% | 11.8% |
| 每股收益（稀释后） | $0.18 | $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AVNTMATX
| Q4 25 | $760.6M | $851.9M | ||
| Q3 25 | $806.5M | $880.1M | ||
| Q2 25 | $866.5M | $830.5M | ||
| Q1 25 | $826.6M | $782.0M | ||
| Q4 24 | $746.5M | $890.3M | ||
| Q3 24 | $815.2M | $962.0M | ||
| Q2 24 | $849.7M | $847.4M | ||
| Q1 24 | $829.0M | $722.1M |
净利润AVNTMATX
| Q4 25 | $16.9M | $143.1M | ||
| Q3 25 | $32.6M | $134.7M | ||
| Q2 25 | $52.6M | $94.7M | ||
| Q1 25 | $-20.2M | $72.3M | ||
| Q4 24 | $48.3M | $128.0M | ||
| Q3 24 | $38.2M | $199.1M | ||
| Q2 24 | $33.6M | $113.2M | ||
| Q1 24 | $49.4M | $36.1M |
毛利率AVNTMATX
| Q4 25 | 30.2% | — | ||
| Q3 25 | 30.4% | — | ||
| Q2 25 | 32.1% | — | ||
| Q1 25 | 31.8% | — | ||
| Q4 24 | 34.8% | — | ||
| Q3 24 | 32.1% | — | ||
| Q2 24 | 30.3% | — | ||
| Q1 24 | 33.6% | — |
营业利润率AVNTMATX
| Q4 25 | 5.2% | 16.9% | ||
| Q3 25 | 8.3% | 18.3% | ||
| Q2 25 | 11.1% | 13.6% | ||
| Q1 25 | 0.1% | 10.5% | ||
| Q4 24 | 11.5% | 16.6% | ||
| Q3 24 | 9.5% | 25.2% | ||
| Q2 24 | 8.5% | 14.7% | ||
| Q1 24 | 11.3% | 5.1% |
净利率AVNTMATX
| Q4 25 | 2.2% | 16.8% | ||
| Q3 25 | 4.0% | 15.3% | ||
| Q2 25 | 6.1% | 11.4% | ||
| Q1 25 | -2.4% | 9.2% | ||
| Q4 24 | 6.5% | 14.4% | ||
| Q3 24 | 4.7% | 20.7% | ||
| Q2 24 | 4.0% | 13.4% | ||
| Q1 24 | 6.0% | 5.0% |
每股收益（稀释后）AVNTMATX
| Q4 25 | $0.18 | $4.47 | ||
| Q3 25 | $0.36 | $4.24 | ||
| Q2 25 | $0.57 | $2.92 | ||
| Q1 25 | $-0.22 | $2.18 | ||
| Q4 24 | $0.53 | $3.69 | ||
| Q3 24 | $0.41 | $5.89 | ||
| Q2 24 | $0.36 | $3.31 | ||
| Q1 24 | $0.54 | $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 | — | $141.9M |
| 总债务越低越好 | $1.9B | $361.2M |
| 股东权益账面价值 | $2.4B | $2.8B |
| 总资产 | $6.0B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.81× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资AVNTMATX
| Q4 25 | — | $141.9M | ||
| Q3 25 | — | $92.7M | ||
| Q2 25 | — | $59.1M | ||
| Q1 25 | — | $122.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | — | $270.3M | ||
| Q2 24 | — | $168.2M | ||
| Q1 24 | — | $25.9M |
总债务AVNTMATX
| Q4 25 | $1.9B | $361.2M | ||
| Q3 25 | $2.0B | $370.9M | ||
| Q2 25 | $2.0B | $341.3M | ||
| Q1 25 | $2.1B | $351.1M | ||
| Q4 24 | $2.1B | $361.2M | ||
| Q3 24 | $2.1B | $370.9M | ||
| Q2 24 | $2.1B | $381.0M | ||
| Q1 24 | $2.1B | $390.8M |
股东权益AVNTMATX
| Q4 25 | $2.4B | $2.8B | ||
| Q3 25 | $2.4B | $2.7B | ||
| Q2 25 | $2.4B | $2.6B | ||
| Q1 25 | $2.3B | $2.6B | ||
| Q4 24 | $2.3B | $2.7B | ||
| Q3 24 | $2.4B | $2.6B | ||
| Q2 24 | $2.3B | $2.4B | ||
| Q1 24 | $2.3B | $2.4B |
总资产AVNTMATX
| Q4 25 | $6.0B | $4.6B | ||
| Q3 25 | $6.1B | $4.6B | ||
| Q2 25 | $6.1B | $4.5B | ||
| Q1 25 | $5.8B | $4.5B | ||
| Q4 24 | $5.8B | $4.6B | ||
| Q3 24 | $6.0B | $4.4B | ||
| Q2 24 | $5.9B | $4.3B | ||
| Q1 24 | $5.9B | $4.2B |
负债/权益比AVNTMATX
| Q4 25 | 0.81× | 0.13× | ||
| Q3 25 | 0.83× | 0.14× | ||
| Q2 25 | 0.86× | 0.13× | ||
| Q1 25 | 0.90× | 0.13× | ||
| Q4 24 | 0.89× | 0.14× | ||
| Q3 24 | 0.88× | 0.15× | ||
| Q2 24 | 0.90× | 0.16× | ||
| Q1 24 | 0.90× | 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 | $167.8M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $125.4M | $42.2M |
| 自由现金流率自由现金流/营收 | 16.5% | 5.0% |
| 资本支出强度资本支出/营收 | 5.6% | 15.8% |
| 现金转化率经营现金流/净利润 | 9.93× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $195.0M | $153.7M |
8季度趋势，按日历期对齐
经营现金流AVNTMATX
| Q4 25 | $167.8M | $176.9M | ||
| Q3 25 | $72.1M | $175.6M | ||
| Q2 25 | $112.8M | $105.6M | ||
| Q1 25 | $-51.1M | $89.0M | ||
| Q4 24 | $122.6M | $174.7M | ||
| Q3 24 | $71.1M | $248.6M | ||
| Q2 24 | $105.9M | $307.9M | ||
| Q1 24 | $-42.8M | $36.6M |
自由现金流AVNTMATX
| Q4 25 | $125.4M | $42.2M | ||
| Q3 25 | $47.4M | $92.4M | ||
| Q2 25 | $85.8M | $19.3M | ||
| Q1 25 | $-63.6M | $-200.0K | ||
| Q4 24 | $81.5M | $49.3M | ||
| Q3 24 | $46.1M | $189.0M | ||
| Q2 24 | $74.5M | $238.1M | ||
| Q1 24 | $-67.2M | $-18.7M |
自由现金流率AVNTMATX
| Q4 25 | 16.5% | 5.0% | ||
| Q3 25 | 5.9% | 10.5% | ||
| Q2 25 | 9.9% | 2.3% | ||
| Q1 25 | -7.7% | -0.0% | ||
| Q4 24 | 10.9% | 5.5% | ||
| Q3 24 | 5.7% | 19.6% | ||
| Q2 24 | 8.8% | 28.1% | ||
| Q1 24 | -8.1% | -2.6% |
资本支出强度AVNTMATX
| Q4 25 | 5.6% | 15.8% | ||
| Q3 25 | 3.1% | 9.5% | ||
| Q2 25 | 3.1% | 10.4% | ||
| Q1 25 | 1.5% | 11.4% | ||
| Q4 24 | 5.5% | 14.1% | ||
| Q3 24 | 3.1% | 6.2% | ||
| Q2 24 | 3.7% | 8.2% | ||
| Q1 24 | 2.9% | 7.7% |
现金转化率AVNTMATX
| Q4 25 | 9.93× | 1.24× | ||
| Q3 25 | 2.21× | 1.30× | ||
| Q2 25 | 2.14× | 1.12× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | 2.54× | 1.36× | ||
| Q3 24 | 1.86× | 1.25× | ||
| Q2 24 | 3.15× | 2.72× | ||
| Q1 24 | -0.87× | 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
AVNT
| Color Additives And Inks | $466.0M | 61% |
| Specialty Engineered Materials | $295.5M | 39% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
