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艾仕得（AXTA）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
艾仕得的季度营收约是美泰的5.9倍（$5.1B vs $862.2M），美泰净利率更高（7.1% vs 1.8%，领先5.3%），美泰同比增速更快（4.3% vs -0.6%），艾仕得自由现金流更多（$21.0M vs $-88.1M），过去两年艾仕得的营收复合增速更高（94.5% vs -10.6%）
艾仕得是源自美国的专业涂料供应商，总部位于宾夕法尼亚州费城，注册地为百慕大。公司主营乘用车、商用车、工业场景及修补用途涂料的研发与生产，业务覆盖全球130个国家，拥有近1.3万名员工，服务超10万家客户。
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。
AXTA vs MAT — 直观对比
营收规模更大
AXTA
是对方的5.9倍
$862.2M
营收增速更快
MAT
高出4.9%
-0.6%
净利率更高
MAT
高出5.3%
1.8%
自由现金流更多
AXTA
多$109.1M
$-88.1M
两年增速更快
AXTA
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $5.1B | $862.2M |
| 净利润 | $91.0M | $61.0M |
| 毛利率 | 83.6% | 44.9% |
| 营业利润率 | 2.9% | — |
| 净利率 | 1.8% | 7.1% |
| 营收同比 | -0.6% | 4.3% |
| 净利润同比 | -9.1% | 251.4% |
| 每股收益（稀释后） | $0.42 | $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AXTAMAT
| Q1 26 | $5.1B | $862.2M | ||
| Q4 25 | $1.3B | $1.8B | ||
| Q3 25 | $1.3B | $1.7B | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.3B | $826.6M | ||
| Q4 24 | $1.3B | $1.6B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.4B | $1.1B |
净利润AXTAMAT
| Q1 26 | $91.0M | $61.0M | ||
| Q4 25 | $60.0M | $106.2M | ||
| Q3 25 | $110.0M | $278.4M | ||
| Q2 25 | $109.0M | $53.4M | ||
| Q1 25 | $99.0M | $-40.3M | ||
| Q4 24 | $137.0M | $140.9M | ||
| Q3 24 | $101.0M | $372.4M | ||
| Q2 24 | $112.0M | $56.9M |
毛利率AXTAMAT
| Q1 26 | 83.6% | 44.9% | ||
| Q4 25 | 33.4% | 45.9% | ||
| Q3 25 | 34.9% | 50.0% | ||
| Q2 25 | 35.0% | 50.9% | ||
| Q1 25 | 34.3% | 49.4% | ||
| Q4 24 | 34.1% | 50.7% | ||
| Q3 24 | 35.0% | 53.1% | ||
| Q2 24 | 34.0% | 49.2% |
营业利润率AXTAMAT
| Q1 26 | 2.9% | — | ||
| Q4 25 | 12.8% | 8.0% | ||
| Q3 25 | 15.8% | 21.9% | ||
| Q2 25 | 14.8% | 7.7% | ||
| Q1 25 | 13.9% | -6.4% | ||
| Q4 24 | 14.3% | 9.6% | ||
| Q3 24 | 14.6% | 26.5% | ||
| Q2 24 | 15.2% | 7.7% |
净利率AXTAMAT
| Q1 26 | 1.8% | 7.1% | ||
| Q4 25 | 4.8% | 6.0% | ||
| Q3 25 | 8.5% | 16.0% | ||
| Q2 25 | 8.4% | 5.2% | ||
| Q1 25 | 7.8% | -4.9% | ||
| Q4 24 | 10.5% | 8.6% | ||
| Q3 24 | 7.7% | 20.2% | ||
| Q2 24 | 8.3% | 5.3% |
每股收益（稀释后）AXTAMAT
| Q1 26 | $0.42 | $0.20 | ||
| Q4 25 | $0.28 | $0.32 | ||
| Q3 25 | $0.51 | $0.88 | ||
| Q2 25 | $0.50 | $0.16 | ||
| Q1 25 | $0.45 | $-0.12 | ||
| Q4 24 | $0.63 | $0.40 | ||
| Q3 24 | $0.46 | $1.09 | ||
| Q2 24 | $0.51 | $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 | $608.0M | $866.0M |
| 总债务越低越好 | $3.1B | $2.3B |
| 股东权益账面价值 | $2.5B | $2.1B |
| 总资产 | $7.6B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.27× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资AXTAMAT
| Q1 26 | $608.0M | $866.0M | ||
| Q4 25 | $657.0M | $1.2B | ||
| Q3 25 | $606.0M | $691.9M | ||
| Q2 25 | $625.0M | $870.5M | ||
| Q1 25 | $575.0M | $1.2B | ||
| Q4 24 | $593.0M | $1.4B | ||
| Q3 24 | $567.0M | $723.5M | ||
| Q2 24 | $840.0M | $722.4M |
总债务AXTAMAT
| Q1 26 | $3.1B | $2.3B | ||
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | $3.4B | $2.3B | ||
| Q2 25 | $3.4B | $2.3B | ||
| Q1 25 | $3.4B | $2.3B | ||
| Q4 24 | $3.4B | $2.3B | ||
| Q3 24 | $3.5B | $2.3B | ||
| Q2 24 | $3.6B | $2.3B |
股东权益AXTAMAT
| Q1 26 | $2.5B | $2.1B | ||
| Q4 25 | $2.3B | $2.2B | ||
| Q3 25 | $2.3B | $2.3B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.1B | $2.1B | ||
| Q4 24 | $1.9B | $2.3B | ||
| Q3 24 | $1.9B | $2.3B | ||
| Q2 24 | $1.8B | $2.0B |
总资产AXTAMAT
| Q1 26 | $7.6B | $6.3B | ||
| Q4 25 | $7.6B | $6.6B | ||
| Q3 25 | $7.8B | $6.6B | ||
| Q2 25 | $7.8B | $6.2B | ||
| Q1 25 | $7.4B | $6.2B | ||
| Q4 24 | $7.2B | $6.5B | ||
| Q3 24 | $7.5B | $6.5B | ||
| Q2 24 | $7.3B | $5.9B |
负债/权益比AXTAMAT
| Q1 26 | 1.27× | 1.11× | ||
| Q4 25 | 1.36× | 1.04× | ||
| Q3 25 | 1.48× | 1.03× | ||
| Q2 25 | 1.50× | 1.08× | ||
| Q1 25 | 1.64× | 1.10× | ||
| Q4 24 | 1.78× | 1.03× | ||
| Q3 24 | 1.84× | 1.01× | ||
| Q2 24 | 2.02× | 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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $21.0M | $-88.1M |
| 自由现金流率自由现金流/营收 | 0.4% | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $491.0M | — |
8季度趋势，按日历期对齐
经营现金流AXTAMAT
| Q1 26 | — | — | ||
| Q4 25 | $344.0M | $796.6M | ||
| Q3 25 | $137.0M | $72.0M | ||
| Q2 25 | $142.0M | $-300.1M | ||
| Q1 25 | $26.0M | $24.8M | ||
| Q4 24 | $234.0M | $862.1M | ||
| Q3 24 | $194.0M | $155.8M | ||
| Q2 24 | $114.0M | $-252.9M |
自由现金流AXTAMAT
| Q1 26 | $21.0M | $-88.1M | ||
| Q4 25 | $286.0M | — | ||
| Q3 25 | $87.0M | — | ||
| Q2 25 | $97.0M | — | ||
| Q1 25 | $-17.0M | — | ||
| Q4 24 | $172.0M | — | ||
| Q3 24 | $161.0M | — | ||
| Q2 24 | $91.0M | — |
自由现金流率AXTAMAT
| Q1 26 | 0.4% | -10.2% | ||
| Q4 25 | 22.7% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 7.4% | — | ||
| Q1 25 | -1.3% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 12.2% | — | ||
| Q2 24 | 6.7% | — |
资本支出强度AXTAMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 4.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 3.4% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 1.7% | — |
现金转化率AXTAMAT
| Q1 26 | — | — | ||
| Q4 25 | 5.73× | 7.50× | ||
| Q3 25 | 1.25× | 0.26× | ||
| Q2 25 | 1.30× | -5.62× | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 1.71× | 6.12× | ||
| Q3 24 | 1.92× | 0.42× | ||
| Q2 24 | 1.02× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
