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BWX Technologies, Inc.（BWXT）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
BWX Technologies, Inc.的季度营收约是美泰的1.0倍（$885.8M vs $862.2M），BWX Technologies, Inc.净利率更高（10.5% vs 7.1%，领先3.4%），BWX Technologies, Inc.同比增速更快（18.7% vs 4.3%），BWX Technologies, Inc.自由现金流更多（$56.8M vs $-88.1M），过去两年BWX Technologies, Inc.的营收复合增速更高（21.1% vs -10.6%）
BWX Technologies Inc.（简称BWXT）总部位于美国弗吉尼亚州林奇堡，是一家面向全球供应核部件与核燃料的专业企业，产品广泛应用于核电及核工业相关领域，服务覆盖全球多个国家和地区的客户。
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。
BWXT vs MAT — 直观对比
营收规模更大
BWXT
是对方的1.0倍
$862.2M
营收增速更快
BWXT
高出14.4%
4.3%
净利率更高
BWXT
高出3.4%
7.1%
自由现金流更多
BWXT
多$144.9M
$-88.1M
两年增速更快
BWXT
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $885.8M | $862.2M |
| 净利润 | $93.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 10.4% | — |
| 净利率 | 10.5% | 7.1% |
| 营收同比 | 18.7% | 4.3% |
| 净利润同比 | 30.9% | 251.4% |
| 每股收益（稀释后） | $1.02 | $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BWXTMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $885.8M | $1.8B | ||
| Q3 25 | $866.3M | $1.7B | ||
| Q2 25 | $764.0M | $1.0B | ||
| Q1 25 | $682.3M | $826.6M | ||
| Q4 24 | $746.3M | $1.6B | ||
| Q3 24 | $672.0M | $1.8B | ||
| Q2 24 | $681.5M | $1.1B |
净利润BWXTMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $93.0M | $106.2M | ||
| Q3 25 | $82.1M | $278.4M | ||
| Q2 25 | $78.4M | $53.4M | ||
| Q1 25 | $75.5M | $-40.3M | ||
| Q4 24 | $71.0M | $140.9M | ||
| Q3 24 | $69.5M | $372.4M | ||
| Q2 24 | $73.0M | $56.9M |
毛利率BWXTMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | 21.8% | 50.0% | ||
| Q2 25 | 25.1% | 50.9% | ||
| Q1 25 | 24.2% | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | 24.4% | 53.1% | ||
| Q2 24 | 24.7% | 49.2% |
营业利润率BWXTMAT
| Q1 26 | — | — | ||
| Q4 25 | 10.4% | 8.0% | ||
| Q3 25 | 13.1% | 21.9% | ||
| Q2 25 | 13.4% | 7.7% | ||
| Q1 25 | 14.2% | -6.4% | ||
| Q4 24 | 12.4% | 9.6% | ||
| Q3 24 | 14.4% | 26.5% | ||
| Q2 24 | 14.5% | 7.7% |
净利率BWXTMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 10.5% | 6.0% | ||
| Q3 25 | 9.5% | 16.0% | ||
| Q2 25 | 10.3% | 5.2% | ||
| Q1 25 | 11.1% | -4.9% | ||
| Q4 24 | 9.5% | 8.6% | ||
| Q3 24 | 10.3% | 20.2% | ||
| Q2 24 | 10.7% | 5.3% |
每股收益（稀释后）BWXTMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $1.02 | $0.32 | ||
| Q3 25 | $0.89 | $0.88 | ||
| Q2 25 | $0.85 | $0.16 | ||
| Q1 25 | $0.82 | $-0.12 | ||
| Q4 24 | $0.77 | $0.40 | ||
| Q3 24 | $0.76 | $1.09 | ||
| Q2 24 | $0.79 | $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 | $499.8M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $1.2B | $2.1B |
| 总资产 | $4.3B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资BWXTMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $499.8M | $1.2B | ||
| Q3 25 | $79.6M | $691.9M | ||
| Q2 25 | $37.0M | $870.5M | ||
| Q1 25 | $55.4M | $1.2B | ||
| Q4 24 | $74.1M | $1.4B | ||
| Q3 24 | $35.5M | $723.5M | ||
| Q2 24 | $48.3M | $722.4M |
总债务BWXTMAT
| Q1 26 | — | $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BWXTMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $1.2B | $2.2B | ||
| Q3 25 | $1.2B | $2.3B | ||
| Q2 25 | $1.2B | $2.2B | ||
| Q1 25 | $1.1B | $2.1B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.1B | $2.3B | ||
| Q2 24 | $998.5M | $2.0B |
总资产BWXTMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $4.3B | $6.6B | ||
| Q3 25 | $3.8B | $6.6B | ||
| Q2 25 | $3.7B | $6.2B | ||
| Q1 25 | $3.1B | $6.2B | ||
| Q4 24 | $2.9B | $6.5B | ||
| Q3 24 | $2.9B | $6.5B | ||
| Q2 24 | $2.8B | $5.9B |
负债/权益比BWXTMAT
| Q1 26 | — | 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 | $127.0M | — |
| 自由现金流经营现金流 - 资本支出 | $56.8M | $-88.1M |
| 自由现金流率自由现金流/营收 | 6.4% | -10.2% |
| 资本支出强度资本支出/营收 | 7.9% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.37× | — |
| 过去12个月自由现金流最近4个季度 | $295.3M | — |
8季度趋势，按日历期对齐
经营现金流BWXTMAT
| Q1 26 | — | — | ||
| Q4 25 | $127.0M | $796.6M | ||
| Q3 25 | $143.2M | $72.0M | ||
| Q2 25 | $159.0M | $-300.1M | ||
| Q1 25 | $50.6M | $24.8M | ||
| Q4 24 | $276.9M | $862.1M | ||
| Q3 24 | $32.6M | $155.8M | ||
| Q2 24 | $65.9M | $-252.9M |
自由现金流BWXTMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $56.8M | — | ||
| Q3 25 | $94.9M | — | ||
| Q2 25 | $126.3M | — | ||
| Q1 25 | $17.3M | — | ||
| Q4 24 | $224.4M | — | ||
| Q3 24 | $-7.7M | — | ||
| Q2 24 | $35.5M | — |
自由现金流率BWXTMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 6.4% | — | ||
| Q3 25 | 11.0% | — | ||
| Q2 25 | 16.5% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 30.1% | — | ||
| Q3 24 | -1.1% | — | ||
| Q2 24 | 5.2% | — |
资本支出强度BWXTMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 7.9% | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.3% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 7.0% | — | ||
| Q3 24 | 6.0% | — | ||
| Q2 24 | 4.5% | — |
现金转化率BWXTMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.37× | 7.50× | ||
| Q3 25 | 1.74× | 0.26× | ||
| Q2 25 | 2.03× | -5.62× | ||
| Q1 25 | 0.67× | — | ||
| Q4 24 | 3.90× | 6.12× | ||
| Q3 24 | 0.47× | 0.42× | ||
| Q2 24 | 0.90× | -4.45× |
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
BWXT
| Nuclear Component Program | $436.4M | 49% |
| Nuclear Manufacturing | $134.8M | 15% |
| Cost Plus Fee | $116.1M | 13% |
| Uranium And Nuclear Services | $103.8M | 12% |
| Commercial Operations | $49.0M | 6% |
| Commercial Operations Segment | $33.7M | 4% |
| Transferred At Point In Time | $1.3M | 0% |
MAT
暂无分部数据
