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BRADY CORP（BRC）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是BRADY CORP的1.1倍（$463.1M vs $405.3M），Mativ Holdings, Inc.净利率更高（21.8% vs 13.3%，领先8.5%），BRADY CORP同比增速更快（7.5% vs 1.0%），BRADY CORP自由现金流更多（$22.4M vs $8.0M），过去两年BRADY CORP的营收复合增速更高（12.1% vs -3.8%）
布雷迪公司是美国特种产品、技术设备及标识解决方案供应商，1914年创立，总部位于威斯康星州密尔沃基，在美洲、欧洲、亚洲、澳洲拥有6600名员工，业务覆盖全球，为各行业客户提供工作场景所需的零部件标识相关产品与服务。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
BRC vs MATV — 直观对比
营收规模更大
MATV
是对方的1.1倍
$405.3M
营收增速更快
BRC
高出6.5%
1.0%
净利率更高
MATV
高出8.5%
13.3%
自由现金流更多
BRC
多$14.4M
$8.0M
两年增速更快
BRC
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $405.3M | $463.1M |
| 净利润 | $53.9M | $100.8M |
| 毛利率 | 51.5% | 18.8% |
| 营业利润率 | 16.8% | 2.2% |
| 净利率 | 13.3% | 21.8% |
| 营收同比 | 7.5% | 1.0% |
| 净利润同比 | 15.3% | 6620.0% |
| 每股收益（稀释后） | — | $1.87 |
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BRCMATV
| Q4 25 | $405.3M | $463.1M | ||
| Q3 25 | $397.3M | $513.7M | ||
| Q2 25 | $382.6M | $525.4M | ||
| Q1 25 | $356.7M | $484.8M | ||
| Q4 24 | $377.1M | $458.6M | ||
| Q3 24 | $343.4M | $498.5M | ||
| Q2 24 | $343.4M | $523.8M | ||
| Q1 24 | $322.6M | $500.2M |
净利润BRCMATV
| Q4 25 | $53.9M | $100.8M | ||
| Q3 25 | $49.9M | $-3.2M | ||
| Q2 25 | $52.3M | $-9.5M | ||
| Q1 25 | $40.3M | $-425.5M | ||
| Q4 24 | $46.8M | $1.5M | ||
| Q3 24 | $55.5M | $-20.8M | ||
| Q2 24 | $50.9M | $-1.4M | ||
| Q1 24 | $43.6M | $-28.0M |
毛利率BRCMATV
| Q4 25 | 51.5% | 18.8% | ||
| Q3 25 | 50.4% | 19.3% | ||
| Q2 25 | 51.0% | 19.7% | ||
| Q1 25 | 49.3% | 15.0% | ||
| Q4 24 | 50.3% | 16.9% | ||
| Q3 24 | 51.6% | 18.8% | ||
| Q2 24 | 51.6% | 20.8% | ||
| Q1 24 | 50.2% | 16.8% |
营业利润率BRCMATV
| Q4 25 | 16.8% | 2.2% | ||
| Q3 25 | 14.9% | 3.1% | ||
| Q2 25 | 17.6% | 3.8% | ||
| Q1 25 | 14.4% | -88.8% | ||
| Q4 24 | 15.6% | 0.6% | ||
| Q3 24 | 19.3% | 1.4% | ||
| Q2 24 | 18.5% | 2.0% | ||
| Q1 24 | 16.7% | -2.8% |
净利率BRCMATV
| Q4 25 | 13.3% | 21.8% | ||
| Q3 25 | 12.6% | -0.6% | ||
| Q2 25 | 13.7% | -1.8% | ||
| Q1 25 | 11.3% | -87.8% | ||
| Q4 24 | 12.4% | 0.3% | ||
| Q3 24 | 16.1% | -4.2% | ||
| Q2 24 | 14.8% | -0.3% | ||
| Q1 24 | 13.5% | -5.6% |
每股收益（稀释后）BRCMATV
| Q4 25 | — | $1.87 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.18 | ||
| Q1 25 | — | $-7.82 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | — | $-0.38 | ||
| Q2 24 | — | $-0.03 | ||
| Q1 24 | — | $-0.52 |
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 | $182.7M | $84.2M |
| 总债务越低越好 | $115.9M | $1.0B |
| 股东权益账面价值 | $1.2B | $498.7M |
| 总资产 | $1.8B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.09× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资BRCMATV
| Q4 25 | $182.7M | $84.2M | ||
| Q3 25 | $174.3M | $97.1M | ||
| Q2 25 | $152.2M | $95.6M | ||
| Q1 25 | $138.5M | $84.0M | ||
| Q4 24 | $145.7M | $94.3M | ||
| Q3 24 | $250.1M | $162.2M | ||
| Q2 24 | $160.5M | $133.4M | ||
| Q1 24 | $143.9M | $128.9M |
总债务BRCMATV
| Q4 25 | $115.9M | $1.0B | ||
| Q3 25 | $99.8M | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | $90.9M | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益BRCMATV
| Q4 25 | $1.2B | $498.7M | ||
| Q3 25 | $1.2B | $397.4M | ||
| Q2 25 | $1.2B | $416.6M | ||
| Q1 25 | $1.1B | $428.2M | ||
| Q4 24 | $1.1B | $858.5M | ||
| Q3 24 | $1.1B | $882.3M | ||
| Q2 24 | $1.0B | $898.0M | ||
| Q1 24 | $1.0B | $906.9M |
总资产BRCMATV
| Q4 25 | $1.8B | $2.1B | ||
| Q3 25 | $1.7B | $2.0B | ||
| Q2 25 | $1.7B | $2.1B | ||
| Q1 25 | $1.6B | $2.1B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.5B | $2.6B | ||
| Q2 24 | $1.4B | $2.6B | ||
| Q1 24 | $1.4B | $2.7B |
负债/权益比BRCMATV
| Q4 25 | 0.09× | 2.07× | ||
| Q3 25 | 0.08× | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | 0.09× | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 1.30× |
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 | $33.4M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $8.0M |
| 自由现金流率自由现金流/营收 | 5.5% | 1.7% |
| 资本支出强度资本支出/营收 | 2.7% | 2.4% |
| 现金转化率经营现金流/净利润 | 0.62× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $159.9M | $93.8M |
8季度趋势，按日历期对齐
经营现金流BRCMATV
| Q4 25 | $33.4M | $19.3M | ||
| Q3 25 | $58.3M | $72.8M | ||
| Q2 25 | $59.9M | $57.6M | ||
| Q1 25 | $39.6M | $-15.9M | ||
| Q4 24 | $23.4M | $24.1M | ||
| Q3 24 | $84.0M | $37.6M | ||
| Q2 24 | $72.7M | $46.1M | ||
| Q1 24 | $36.1M | $-13.0M |
自由现金流BRCMATV
| Q4 25 | $22.4M | $8.0M | ||
| Q3 25 | $49.4M | $66.7M | ||
| Q2 25 | $55.6M | $48.9M | ||
| Q1 25 | $32.5M | $-29.8M | ||
| Q4 24 | $16.1M | $2.0M | ||
| Q3 24 | $73.2M | $25.5M | ||
| Q2 24 | $64.4M | $37.4M | ||
| Q1 24 | $-13.5M | $-25.1M |
自由现金流率BRCMATV
| Q4 25 | 5.5% | 1.7% | ||
| Q3 25 | 12.4% | 13.0% | ||
| Q2 25 | 14.5% | 9.3% | ||
| Q1 25 | 9.1% | -6.1% | ||
| Q4 24 | 4.3% | 0.4% | ||
| Q3 24 | 21.3% | 5.1% | ||
| Q2 24 | 18.8% | 7.1% | ||
| Q1 24 | -4.2% | -5.0% |
资本支出强度BRCMATV
| Q4 25 | 2.7% | 2.4% | ||
| Q3 25 | 2.2% | 1.2% | ||
| Q2 25 | 1.1% | 1.7% | ||
| Q1 25 | 2.0% | 2.9% | ||
| Q4 24 | 1.9% | 4.8% | ||
| Q3 24 | 3.1% | 2.4% | ||
| Q2 24 | 2.4% | 1.7% | ||
| Q1 24 | 15.4% | 2.4% |
现金转化率BRCMATV
| Q4 25 | 0.62× | 0.19× | ||
| Q3 25 | 1.17× | — | ||
| Q2 25 | 1.15× | — | ||
| Q1 25 | 0.98× | — | ||
| Q4 24 | 0.50× | 16.07× | ||
| Q3 24 | 1.51× | — | ||
| Q2 24 | 1.43× | — | ||
| Q1 24 | 0.83× | — |
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
BRC
| Americas Asia | $215.1M | 53% |
| Europe Australia | $119.9M | 30% |
| Other | $70.2M | 17% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
