vs
波尔公司（BALL）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
波尔公司的季度营收约是美泰的1.9倍（$3.3B vs $1.8B），美泰净利率更高（6.0% vs 6.0%，领先0.0%），波尔公司同比增速更快（16.2% vs 7.3%），过去两年美泰的营收复合增速更高（47.7% vs 7.9%）
波尔公司是全球领先的可持续铝制包装解决方案供应商，为饮料、个护、家居产品领域的品牌提供创新包装产品，同时旗下航空航天板块为政府及商业客户提供先进技术、系统与相关服务，全业务线高度重视环保责任与产品可靠性。
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。
BALL vs MAT — 直观对比
营收规模更大
BALL
是对方的1.9倍
$1.8B
营收增速更快
BALL
高出8.9%
7.3%
净利率更高
MAT
高出0.0%
6.0%
两年增速更快
MAT
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $1.8B |
| 净利润 | $200.0M | $106.2M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 7.2% | 8.0% |
| 净利率 | 6.0% | 6.0% |
| 营收同比 | 16.2% | 7.3% |
| 净利润同比 | 766.7% | -24.6% |
| 每股收益（稀释后） | $0.73 | $0.32 |
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BALLMAT
| Q4 25 | $3.3B | $1.8B | ||
| Q3 25 | $3.4B | $1.7B | ||
| Q2 25 | $3.3B | $1.0B | ||
| Q1 25 | $3.1B | $826.6M | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $3.1B | $1.8B | ||
| Q2 24 | $3.0B | $1.1B | ||
| Q1 24 | $2.9B | $809.5M |
净利润BALLMAT
| Q4 25 | $200.0M | $106.2M | ||
| Q3 25 | $321.0M | $278.4M | ||
| Q2 25 | $215.0M | $53.4M | ||
| Q1 25 | $179.0M | $-40.3M | ||
| Q4 24 | $-30.0M | $140.9M | ||
| Q3 24 | $199.0M | $372.4M | ||
| Q2 24 | $159.0M | $56.9M | ||
| Q1 24 | $3.7B | $-28.3M |
毛利率BALLMAT
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | 17.7% | 53.1% | ||
| Q2 24 | 16.5% | 49.2% | ||
| Q1 24 | 16.6% | 48.0% |
营业利润率BALLMAT
| Q4 25 | 7.2% | 8.0% | ||
| Q3 25 | 11.6% | 21.9% | ||
| Q2 25 | 8.0% | 7.7% | ||
| Q1 25 | 7.4% | -6.4% | ||
| Q4 24 | 0.2% | 9.6% | ||
| Q3 24 | 7.4% | 26.5% | ||
| Q2 24 | 6.8% | 7.7% | ||
| Q1 24 | 6.8% | -4.4% |
净利率BALLMAT
| Q4 25 | 6.0% | 6.0% | ||
| Q3 25 | 9.5% | 16.0% | ||
| Q2 25 | 6.4% | 5.2% | ||
| Q1 25 | 5.8% | -4.9% | ||
| Q4 24 | -1.0% | 8.6% | ||
| Q3 24 | 6.5% | 20.2% | ||
| Q2 24 | 5.4% | 5.3% | ||
| Q1 24 | 128.3% | -3.5% |
每股收益（稀释后）BALLMAT
| Q4 25 | $0.73 | $0.32 | ||
| Q3 25 | $1.18 | $0.88 | ||
| Q2 25 | $0.76 | $0.16 | ||
| Q1 25 | $0.63 | $-0.12 | ||
| Q4 24 | $0.23 | $0.40 | ||
| Q3 24 | $0.65 | $1.09 | ||
| Q2 24 | $0.51 | $0.17 | ||
| Q1 24 | $11.61 | $-0.08 |
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 | $1.2B | $1.2B |
| 总债务越低越好 | $7.0B | $2.3B |
| 股东权益账面价值 | $5.4B | $2.2B |
| 总资产 | $19.5B | $6.6B |
| 负债/权益比越低杠杆越低 | 1.29× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资BALLMAT
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $568.0M | $691.9M | ||
| Q2 25 | $296.0M | $870.5M | ||
| Q1 25 | $449.0M | $1.2B | ||
| Q4 24 | $885.0M | $1.4B | ||
| Q3 24 | $1.4B | $723.5M | ||
| Q2 24 | $1.3B | $722.4M | ||
| Q1 24 | $1.7B | $1.1B |
总债务BALLMAT
| Q4 25 | $7.0B | $2.3B | ||
| Q3 25 | $6.9B | $2.3B | ||
| Q2 25 | $6.5B | $2.3B | ||
| Q1 25 | $6.1B | $2.3B | ||
| Q4 24 | $5.3B | $2.3B | ||
| Q3 24 | $5.4B | $2.3B | ||
| Q2 24 | $5.5B | $2.3B | ||
| Q1 24 | $5.5B | $2.3B |
股东权益BALLMAT
| Q4 25 | $5.4B | $2.2B | ||
| Q3 25 | $5.4B | $2.3B | ||
| Q2 25 | $5.2B | $2.2B | ||
| Q1 25 | $5.5B | $2.1B | ||
| Q4 24 | $5.9B | $2.3B | ||
| Q3 24 | $6.7B | $2.3B | ||
| Q2 24 | $6.9B | $2.0B | ||
| Q1 24 | $7.3B | $2.0B |
总资产BALLMAT
| Q4 25 | $19.5B | $6.6B | ||
| Q3 25 | $18.7B | $6.6B | ||
| Q2 25 | $18.6B | $6.2B | ||
| Q1 25 | $18.0B | $6.2B | ||
| Q4 24 | $17.6B | $6.5B | ||
| Q3 24 | $18.8B | $6.5B | ||
| Q2 24 | $19.0B | $5.9B | ||
| Q1 24 | $19.9B | $6.1B |
负债/权益比BALLMAT
| Q4 25 | 1.29× | 1.04× | ||
| Q3 25 | 1.26× | 1.03× | ||
| Q2 25 | 1.24× | 1.08× | ||
| Q1 25 | 1.12× | 1.10× | ||
| Q4 24 | 0.91× | 1.03× | ||
| Q3 24 | 0.80× | 1.01× | ||
| Q2 24 | 0.80× | 1.18× | ||
| Q1 24 | 0.76× | 1.15× |
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 | $1.2B | $796.6M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 31.1% | — |
| 资本支出强度资本支出/营收 | 5.1% | — |
| 现金转化率经营现金流/净利润 | 6.05× | 7.50× |
| 过去12个月自由现金流最近4个季度 | $788.0M | — |
8季度趋势，按日历期对齐
经营现金流BALLMAT
| Q4 25 | $1.2B | $796.6M | ||
| Q3 25 | $384.0M | $72.0M | ||
| Q2 25 | $332.0M | $-300.1M | ||
| Q1 25 | $-665.0M | $24.8M | ||
| Q4 24 | $500.0M | $862.1M | ||
| Q3 24 | $610.0M | $155.8M | ||
| Q2 24 | $252.0M | $-252.9M | ||
| Q1 24 | $-1.2B | $35.5M |
自由现金流BALLMAT
| Q4 25 | $1.0B | — | ||
| Q3 25 | $257.0M | — | ||
| Q2 25 | $236.0M | — | ||
| Q1 25 | $-746.0M | — | ||
| Q4 24 | $393.0M | — | ||
| Q3 24 | $493.0M | — | ||
| Q2 24 | $146.0M | — | ||
| Q1 24 | $-1.4B | — |
自由现金流率BALLMAT
| Q4 25 | 31.1% | — | ||
| Q3 25 | 7.6% | — | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | -24.1% | — | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 4.9% | — | ||
| Q1 24 | -48.7% | — |
资本支出强度BALLMAT
| Q4 25 | 5.1% | — | ||
| Q3 25 | 3.8% | — | ||
| Q2 25 | 2.9% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 3.6% | — | ||
| Q1 24 | 5.4% | — |
现金转化率BALLMAT
| Q4 25 | 6.05× | 7.50× | ||
| Q3 25 | 1.20× | 0.26× | ||
| Q2 25 | 1.54× | -5.62× | ||
| Q1 25 | -3.72× | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 3.07× | 0.42× | ||
| Q2 24 | 1.58× | -4.45× | ||
| Q1 24 | -0.34× | — |
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
BALL
| Transferred Over Time | $2.7B | 82% |
| Transferred At Point In Time | $602.0M | 18% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
