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百通（BDC）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百通的1.2倍（$862.2M vs $696.4M），百通净利率更高（7.3% vs 7.1%，领先0.3%），百通同比增速更快（11.4% vs 4.3%），百通自由现金流更多（$-63.1M vs $-88.1M），过去两年百通的营收复合增速更高（7.3% vs -10.6%）
百通公司是美国上市跨国企业，专注于端到端网络、安全及连接产品的设计、生产与销售，业务覆盖工业自动化解决方案、智能建筑、宽带及5G三大核心领域，为各行业客户提供可靠的通信连接相关产品与服务。
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。
BDC vs MAT — 直观对比
营收规模更大
MAT
是对方的1.2倍
$696.4M
营收增速更快
BDC
高出7.1%
4.3%
净利率更高
BDC
高出0.3%
7.1%
自由现金流更多
BDC
多$25.0M
$-88.1M
两年增速更快
BDC
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $696.4M | $862.2M |
| 净利润 | $51.0M | $61.0M |
| 毛利率 | 37.1% | 44.9% |
| 营业利润率 | 11.2% | — |
| 净利率 | 7.3% | 7.1% |
| 营收同比 | 11.4% | 4.3% |
| 净利润同比 | -1.8% | 251.4% |
| 每股收益（稀释后） | $1.30 | $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BDCMAT
| Q1 26 | $696.4M | $862.2M | ||
| Q4 25 | $720.1M | $1.8B | ||
| Q3 25 | $698.2M | $1.7B | ||
| Q2 25 | $672.0M | $1.0B | ||
| Q1 25 | $624.9M | $826.6M | ||
| Q4 24 | $666.0M | $1.6B | ||
| Q3 24 | $654.9M | $1.8B | ||
| Q2 24 | $604.3M | $1.1B |
净利润BDCMAT
| Q1 26 | $51.0M | $61.0M | ||
| Q4 25 | $67.9M | $106.2M | ||
| Q3 25 | $56.7M | $278.4M | ||
| Q2 25 | $61.0M | $53.4M | ||
| Q1 25 | $51.9M | $-40.3M | ||
| Q4 24 | $58.4M | $140.9M | ||
| Q3 24 | $53.7M | $372.4M | ||
| Q2 24 | $49.0M | $56.9M |
毛利率BDCMAT
| Q1 26 | 37.1% | 44.9% | ||
| Q4 25 | 36.6% | 45.9% | ||
| Q3 25 | 37.7% | 50.0% | ||
| Q2 25 | 38.5% | 50.9% | ||
| Q1 25 | 39.3% | 49.4% | ||
| Q4 24 | 37.5% | 50.7% | ||
| Q3 24 | 37.3% | 53.1% | ||
| Q2 24 | 37.5% | 49.2% |
营业利润率BDCMAT
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.2% | 8.0% | ||
| Q3 25 | 10.9% | 21.9% | ||
| Q2 25 | 11.8% | 7.7% | ||
| Q1 25 | 11.6% | -6.4% | ||
| Q4 24 | 10.4% | 9.6% | ||
| Q3 24 | 11.5% | 26.5% | ||
| Q2 24 | 11.4% | 7.7% |
净利率BDCMAT
| Q1 26 | 7.3% | 7.1% | ||
| Q4 25 | 9.4% | 6.0% | ||
| Q3 25 | 8.1% | 16.0% | ||
| Q2 25 | 9.1% | 5.2% | ||
| Q1 25 | 8.3% | -4.9% | ||
| Q4 24 | 8.8% | 8.6% | ||
| Q3 24 | 8.2% | 20.2% | ||
| Q2 24 | 8.1% | 5.3% |
每股收益（稀释后）BDCMAT
| Q1 26 | $1.30 | $0.20 | ||
| Q4 25 | $1.70 | $0.32 | ||
| Q3 25 | $1.41 | $0.88 | ||
| Q2 25 | $1.53 | $0.16 | ||
| Q1 25 | $1.27 | $-0.12 | ||
| Q4 24 | $1.41 | $0.40 | ||
| Q3 24 | $1.30 | $1.09 | ||
| Q2 24 | $1.19 | $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 | $272.2M | $866.0M |
| 总债务越低越好 | $1.3B | $2.3B |
| 股东权益账面价值 | $1.3B | $2.1B |
| 总资产 | — | $6.3B |
| 负债/权益比越低杠杆越低 | 0.98× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资BDCMAT
| Q1 26 | $272.2M | $866.0M | ||
| Q4 25 | $389.9M | $1.2B | ||
| Q3 25 | $314.3M | $691.9M | ||
| Q2 25 | $301.5M | $870.5M | ||
| Q1 25 | $259.0M | $1.2B | ||
| Q4 24 | $370.3M | $1.4B | ||
| Q3 24 | $323.0M | $723.5M | ||
| Q2 24 | $564.8M | $722.4M |
总债务BDCMAT
| Q1 26 | $1.3B | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益BDCMAT
| Q1 26 | $1.3B | $2.1B | ||
| Q4 25 | $1.3B | $2.2B | ||
| Q3 25 | $1.2B | $2.3B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.2B | $2.1B | ||
| Q4 24 | $1.3B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.2B | $2.0B |
总资产BDCMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $3.5B | $6.6B | ||
| Q3 25 | $3.4B | $6.6B | ||
| Q2 25 | $3.4B | $6.2B | ||
| Q1 25 | $3.3B | $6.2B | ||
| Q4 24 | $3.3B | $6.5B | ||
| Q3 24 | $3.3B | $6.5B | ||
| Q2 24 | $3.5B | $5.9B |
负债/权益比BDCMAT
| Q1 26 | 0.98× | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 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 | $-63.1M | $-88.1M |
| 自由现金流率自由现金流/营收 | -9.1% | -10.2% |
| 资本支出强度资本支出/营收 | 6.4% | 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 | $180.4M | — |
8季度趋势，按日历期对齐
经营现金流BDCMAT
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $796.6M | ||
| Q3 25 | $105.0M | $72.0M | ||
| Q2 25 | $82.0M | $-300.1M | ||
| Q1 25 | $7.4M | $24.8M | ||
| Q4 24 | $174.7M | $862.1M | ||
| Q3 24 | $91.7M | $155.8M | ||
| Q2 24 | $83.0M | $-252.9M |
自由现金流BDCMAT
| Q1 26 | $-63.1M | $-88.1M | ||
| Q4 25 | $121.3M | — | ||
| Q3 25 | $65.3M | — | ||
| Q2 25 | $56.9M | — | ||
| Q1 25 | $-24.8M | — | ||
| Q4 24 | $116.4M | — | ||
| Q3 24 | $67.2M | — | ||
| Q2 24 | $61.0M | — |
自由现金流率BDCMAT
| Q1 26 | -9.1% | -10.2% | ||
| Q4 25 | 16.8% | — | ||
| Q3 25 | 9.4% | — | ||
| Q2 25 | 8.5% | — | ||
| Q1 25 | -4.0% | — | ||
| Q4 24 | 17.5% | — | ||
| Q3 24 | 10.3% | — | ||
| Q2 24 | 10.1% | — |
资本支出强度BDCMAT
| Q1 26 | 6.4% | 7.6% | ||
| Q4 25 | 5.4% | — | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.6% | — |
现金转化率BDCMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 7.50× | ||
| Q3 25 | 1.85× | 0.26× | ||
| Q2 25 | 1.34× | -5.62× | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | 6.12× | ||
| Q3 24 | 1.71× | 0.42× | ||
| Q2 24 | 1.69× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
