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PEABODY ENERGY CORP（BTU）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PEABODY ENERGY CORP的1.7倍（$1.8B vs $1.0B），美泰净利率更高（6.0% vs 1.2%，领先4.8%），美泰同比增速更快（7.3% vs -9.0%），过去两年美泰的营收复合增速更高（47.7% vs 1.9%）
皮博迪能源是总部位于美国密苏里州圣路易斯的煤炭开采企业，核心业务涵盖煤炭的开采、销售与配送，产品主要供应给发电和炼钢领域。公司还通过中国、澳大利亚及美国的办公网点开展煤炭的营销、经纪和贸易业务。
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。
BTU vs MAT — 直观对比
营收规模更大
MAT
是对方的1.7倍
$1.0B
营收增速更快
MAT
高出16.3%
-9.0%
净利率更高
MAT
高出4.8%
1.2%
两年增速更快
MAT
近两年复合增速
1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.8B |
| 净利润 | $12.4M | $106.2M |
| 毛利率 | — | 45.9% |
| 营业利润率 | 0.8% | 8.0% |
| 净利率 | 1.2% | 6.0% |
| 营收同比 | -9.0% | 7.3% |
| 净利润同比 | -67.2% | -24.6% |
| 每股收益（稀释后） | $0.11 | $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BTUMAT
| Q4 25 | $1.0B | $1.8B | ||
| Q3 25 | $1.0B | $1.7B | ||
| Q2 25 | $890.1M | $1.0B | ||
| Q1 25 | $937.0M | $826.6M | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.0B | $1.1B | ||
| Q1 24 | $983.6M | $809.5M |
净利润BTUMAT
| Q4 25 | $12.4M | $106.2M | ||
| Q3 25 | $-70.1M | $278.4M | ||
| Q2 25 | $-27.6M | $53.4M | ||
| Q1 25 | $34.4M | $-40.3M | ||
| Q4 24 | $37.8M | $140.9M | ||
| Q3 24 | $101.3M | $372.4M | ||
| Q2 24 | $199.4M | $56.9M | ||
| Q1 24 | $39.6M | $-28.3M |
毛利率BTUMAT
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% | ||
| Q1 24 | — | 48.0% |
营业利润率BTUMAT
| Q4 25 | 0.8% | 8.0% | ||
| Q3 25 | -8.0% | 21.9% | ||
| Q2 25 | -4.3% | 7.7% | ||
| Q1 25 | 3.4% | -6.4% | ||
| Q4 24 | 3.6% | 9.6% | ||
| Q3 24 | 11.0% | 26.5% | ||
| Q2 24 | 22.4% | 7.7% | ||
| Q1 24 | 5.2% | -4.4% |
净利率BTUMAT
| Q4 25 | 1.2% | 6.0% | ||
| Q3 25 | -6.9% | 16.0% | ||
| Q2 25 | -3.1% | 5.2% | ||
| Q1 25 | 3.7% | -4.9% | ||
| Q4 24 | 3.4% | 8.6% | ||
| Q3 24 | 9.3% | 20.2% | ||
| Q2 24 | 19.1% | 5.3% | ||
| Q1 24 | 4.0% | -3.5% |
每股收益（稀释后）BTUMAT
| Q4 25 | $0.11 | $0.32 | ||
| Q3 25 | $-0.58 | $0.88 | ||
| Q2 25 | $-0.23 | $0.16 | ||
| Q1 25 | $0.27 | $-0.12 | ||
| Q4 24 | $0.25 | $0.40 | ||
| Q3 24 | $0.74 | $1.09 | ||
| Q2 24 | $1.42 | $0.17 | ||
| Q1 24 | $0.29 | $-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 | $575.3M | $1.2B |
| 总债务越低越好 | $321.2M | $2.3B |
| 股东权益账面价值 | $3.5B | $2.2B |
| 总资产 | $5.8B | $6.6B |
| 负债/权益比越低杠杆越低 | 0.09× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资BTUMAT
| Q4 25 | $575.3M | $1.2B | ||
| Q3 25 | $603.3M | $691.9M | ||
| Q2 25 | $585.9M | $870.5M | ||
| Q1 25 | $696.5M | $1.2B | ||
| Q4 24 | $700.4M | $1.4B | ||
| Q3 24 | $772.9M | $723.5M | ||
| Q2 24 | $621.7M | $722.4M | ||
| Q1 24 | $855.7M | $1.1B |
总债务BTUMAT
| Q4 25 | $321.2M | $2.3B | ||
| Q3 25 | $321.8M | $2.3B | ||
| Q2 25 | $329.2M | $2.3B | ||
| Q1 25 | $331.2M | $2.3B | ||
| Q4 24 | $332.3M | $2.3B | ||
| Q3 24 | $323.7M | $2.3B | ||
| Q2 24 | $323.2M | $2.3B | ||
| Q1 24 | $323.3M | $2.3B |
股东权益BTUMAT
| Q4 25 | $3.5B | $2.2B | ||
| Q3 25 | $3.5B | $2.3B | ||
| Q2 25 | $3.6B | $2.2B | ||
| Q1 25 | $3.7B | $2.1B | ||
| Q4 24 | $3.7B | $2.3B | ||
| Q3 24 | $3.6B | $2.3B | ||
| Q2 24 | $3.7B | $2.0B | ||
| Q1 24 | $3.5B | $2.0B |
总资产BTUMAT
| Q4 25 | $5.8B | $6.6B | ||
| Q3 25 | $5.7B | $6.6B | ||
| Q2 25 | $5.8B | $6.2B | ||
| Q1 25 | $5.8B | $6.2B | ||
| Q4 24 | $6.0B | $6.5B | ||
| Q3 24 | $5.9B | $6.5B | ||
| Q2 24 | $5.9B | $5.9B | ||
| Q1 24 | $5.7B | $6.1B |
负债/权益比BTUMAT
| Q4 25 | 0.09× | 1.04× | ||
| Q3 25 | 0.09× | 1.03× | ||
| Q2 25 | 0.09× | 1.08× | ||
| Q1 25 | 0.09× | 1.10× | ||
| Q4 24 | 0.09× | 1.03× | ||
| Q3 24 | 0.09× | 1.01× | ||
| Q2 24 | 0.09× | 1.18× | ||
| Q1 24 | 0.09× | 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 | $68.6M | $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 | 5.53× | 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BTUMAT
| Q4 25 | $68.6M | $796.6M | ||
| Q3 25 | $122.0M | $72.0M | ||
| Q2 25 | $23.2M | $-300.1M | ||
| Q1 25 | $119.9M | $24.8M | ||
| Q4 24 | $119.8M | $862.1M | ||
| Q3 24 | $359.9M | $155.8M | ||
| Q2 24 | $7.8M | $-252.9M | ||
| Q1 24 | $119.0M | $35.5M |
现金转化率BTUMAT
| Q4 25 | 5.53× | 7.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | -5.62× | ||
| Q1 25 | 3.49× | — | ||
| Q4 24 | 3.17× | 6.12× | ||
| Q3 24 | 3.55× | 0.42× | ||
| Q2 24 | 0.04× | -4.45× | ||
| Q1 24 | 3.01× | — |
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
BTU
| Seaborne Metallurgical Mining | $305.4M | 30% |
| Powder River Basin Mining | $300.3M | 29% |
| Seaborne Thermal Mining | $205.6M | 20% |
| Other | $182.1M | 18% |
| Thermal Coal | $28.9M | 3% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
