vs
Broadridge Financial Solutions（BR）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Broadridge Financial Solutions的1.0倍（$1.8B vs $1.7B），Broadridge Financial Solutions净利率更高（16.6% vs 6.0%，领先10.6%），美泰同比增速更快（7.3% vs -5.4%），过去两年美泰的营收复合增速更高（47.7% vs 10.4%）
Broadridge Financial Solutions是2007年从自动数据处理公司（ADP）分拆成立的上市企业服务及金融科技企业，总部位于纽约莱克萨克塞斯，为金融行业客户提供股东委托书、年报等金融单证服务，以及线上年会等股东沟通解决方案。
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。
BR vs MAT — 直观对比
营收规模更大
MAT
是对方的1.0倍
$1.7B
营收增速更快
MAT
高出12.7%
-5.4%
净利率更高
BR
高出10.6%
6.0%
两年增速更快
MAT
近两年复合增速
10.4%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $1.8B |
| 净利润 | $284.6M | $106.2M |
| 毛利率 | 27.6% | 45.9% |
| 营业利润率 | 12.0% | 8.0% |
| 净利率 | 16.6% | 6.0% |
| 营收同比 | -5.4% | 7.3% |
| 净利润同比 | 17.1% | -24.6% |
| 每股收益（稀释后） | $2.42 | $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BRMAT
| Q4 25 | $1.7B | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | $2.1B | $1.0B | ||
| Q1 25 | $1.8B | $826.6M | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.9B | $1.1B | ||
| Q1 24 | $1.7B | $809.5M |
净利润BRMAT
| Q4 25 | $284.6M | $106.2M | ||
| Q3 25 | — | $278.4M | ||
| Q2 25 | $374.2M | $53.4M | ||
| Q1 25 | $243.1M | $-40.3M | ||
| Q4 24 | $142.4M | $140.9M | ||
| Q3 24 | $79.8M | $372.4M | ||
| Q2 24 | $323.2M | $56.9M | ||
| Q1 24 | $213.7M | $-28.3M |
毛利率BRMAT
| Q4 25 | 27.6% | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | 37.3% | 50.9% | ||
| Q1 25 | 31.8% | 49.4% | ||
| Q4 24 | 27.9% | 50.7% | ||
| Q3 24 | 24.5% | 53.1% | ||
| Q2 24 | 35.5% | 49.2% | ||
| Q1 24 | 31.2% | 48.0% |
营业利润率BRMAT
| Q4 25 | 12.0% | 8.0% | ||
| Q3 25 | — | 21.9% | ||
| Q2 25 | 24.1% | 7.7% | ||
| Q1 25 | 19.0% | -6.4% | ||
| Q4 24 | 13.3% | 9.6% | ||
| Q3 24 | 9.4% | 26.5% | ||
| Q2 24 | 22.7% | 7.7% | ||
| Q1 24 | 17.5% | -4.4% |
净利率BRMAT
| Q4 25 | 16.6% | 6.0% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | 18.1% | 5.2% | ||
| Q1 25 | 13.4% | -4.9% | ||
| Q4 24 | 9.0% | 8.6% | ||
| Q3 24 | 5.6% | 20.2% | ||
| Q2 24 | 16.6% | 5.3% | ||
| Q1 24 | 12.4% | -3.5% |
每股收益（稀释后）BRMAT
| Q4 25 | $2.42 | $0.32 | ||
| Q3 25 | — | $0.88 | ||
| Q2 25 | $3.17 | $0.16 | ||
| Q1 25 | $2.05 | $-0.12 | ||
| Q4 24 | $1.20 | $0.40 | ||
| Q3 24 | $0.68 | $1.09 | ||
| Q2 24 | $2.72 | $0.17 | ||
| Q1 24 | $1.79 | $-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 | $371.5M | $1.2B |
| 总债务越低越好 | $3.2B | $2.3B |
| 股东权益账面价值 | $2.9B | $2.2B |
| 总资产 | $8.6B | $6.6B |
| 负债/权益比越低杠杆越低 | 1.10× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资BRMAT
| Q4 25 | $371.5M | $1.2B | ||
| Q3 25 | — | $691.9M | ||
| Q2 25 | $562.2M | $870.5M | ||
| Q1 25 | $317.9M | $1.2B | ||
| Q4 24 | $290.6M | $1.4B | ||
| Q3 24 | $293.5M | $723.5M | ||
| Q2 24 | $305.2M | $722.4M | ||
| Q1 24 | $236.4M | $1.1B |
总债务BRMAT
| Q4 25 | $3.2B | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | $3.3B | $2.3B | ||
| Q1 25 | $3.4B | $2.3B | ||
| Q4 24 | $3.7B | $2.3B | ||
| Q3 24 | $3.6B | $2.3B | ||
| Q2 24 | $3.4B | $2.3B | ||
| Q1 24 | $3.5B | $2.3B |
股东权益BRMAT
| Q4 25 | $2.9B | $2.2B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | $2.7B | $2.2B | ||
| Q1 25 | $2.4B | $2.1B | ||
| Q4 24 | $2.2B | $2.3B | ||
| Q3 24 | $2.2B | $2.3B | ||
| Q2 24 | $2.2B | $2.0B | ||
| Q1 24 | $2.3B | $2.0B |
总资产BRMAT
| Q4 25 | $8.6B | $6.6B | ||
| Q3 25 | — | $6.6B | ||
| Q2 25 | $8.5B | $6.2B | ||
| Q1 25 | $8.3B | $6.2B | ||
| Q4 24 | $8.2B | $6.5B | ||
| Q3 24 | $8.0B | $6.5B | ||
| Q2 24 | $8.2B | $5.9B | ||
| Q1 24 | $8.2B | $6.1B |
负债/权益比BRMAT
| Q4 25 | 1.10× | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | 1.22× | 1.08× | ||
| Q1 25 | 1.44× | 1.10× | ||
| Q4 24 | 1.64× | 1.03× | ||
| Q3 24 | 1.63× | 1.01× | ||
| Q2 24 | 1.55× | 1.18× | ||
| Q1 24 | 1.55× | 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 | — | $796.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 7.50× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BRMAT
| Q4 25 | — | $796.6M | ||
| Q3 25 | — | $72.0M | ||
| Q2 25 | $699.7M | $-300.1M | ||
| Q1 25 | $360.4M | $24.8M | ||
| Q4 24 | $236.7M | $862.1M | ||
| Q3 24 | $-125.5M | $155.8M | ||
| Q2 24 | $721.0M | $-252.9M | ||
| Q1 24 | $207.4M | $35.5M |
自由现金流BRMAT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $684.1M | — | ||
| Q1 25 | $348.9M | — | ||
| Q4 24 | $227.9M | — | ||
| Q3 24 | $-133.4M | — | ||
| Q2 24 | $703.2M | — | ||
| Q1 24 | $184.6M | — |
自由现金流率BRMAT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 33.1% | — | ||
| Q1 25 | 19.3% | — | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | -9.4% | — | ||
| Q2 24 | 36.2% | — | ||
| Q1 24 | 10.7% | — |
资本支出强度BRMAT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.3% | — |
现金转化率BRMAT
| Q4 25 | — | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | 1.87× | -5.62× | ||
| Q1 25 | 1.48× | — | ||
| Q4 24 | 1.66× | 6.12× | ||
| Q3 24 | -1.57× | 0.42× | ||
| Q2 24 | 2.23× | -4.45× | ||
| Q1 24 | 0.97× | — |
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
BR
| Recurring Fee Revenue Investor Communication Solutions | $589.5M | 34% |
| Recurring Fee Revenue Capital Markets | $300.9M | 18% |
| Recurring Fee Revenue Regulatory | $248.7M | 15% |
| Recurring Fee Revenue Customer Communications | $189.2M | 11% |
| Recurring Fee Revenue Wealth And Investment Management | $179.7M | 10% |
| Recurring Fee Revenue Data Driven Fund Solutions | $112.7M | 7% |
| Event Driven Revenue Mutual Funds | $51.4M | 3% |
| Event Driven Revenue Equity And Other | $39.2M | 2% |
| Global Technology And Operations | $7.5M | 0% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
