vs
CrossAmerica Partners LP（CAPL）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
CrossAmerica Partners LP的季度营收约是美泰的1.0倍（$866.3M vs $862.2M），美泰净利率更高（7.1% vs 1.2%，领先5.9%），美泰同比增速更快（4.3% vs -8.3%），CrossAmerica Partners LP自由现金流更多（$22.4M vs $-88.1M），过去两年CrossAmerica Partners LP的营收复合增速更高（-4.1% vs -10.6%）
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
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。
CAPL vs MAT — 直观对比
营收规模更大
CAPL
是对方的1.0倍
$862.2M
营收增速更快
MAT
高出12.6%
-8.3%
净利率更高
MAT
高出5.9%
1.2%
自由现金流更多
CAPL
多$110.5M
$-88.1M
两年增速更快
CAPL
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.3M | $862.2M |
| 净利润 | $10.2M | $61.0M |
| 毛利率 | 12.4% | 44.9% |
| 营业利润率 | 3.0% | — |
| 净利率 | 1.2% | 7.1% |
| 营收同比 | -8.3% | 4.3% |
| 净利润同比 | -39.6% | 251.4% |
| 每股收益（稀释后） | $0.24 | $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CAPLMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $866.3M | $1.8B | ||
| Q3 25 | $971.8M | $1.7B | ||
| Q2 25 | $961.9M | $1.0B | ||
| Q1 25 | $862.5M | $826.6M | ||
| Q4 24 | $944.2M | $1.6B | ||
| Q3 24 | $1.1B | $1.8B | ||
| Q2 24 | $1.1B | $1.1B |
净利润CAPLMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $10.2M | $106.2M | ||
| Q3 25 | $13.6M | $278.4M | ||
| Q2 25 | $25.2M | $53.4M | ||
| Q1 25 | $-7.1M | $-40.3M | ||
| Q4 24 | $16.9M | $140.9M | ||
| Q3 24 | $10.7M | $372.4M | ||
| Q2 24 | $12.4M | $56.9M |
毛利率CAPLMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 12.4% | 45.9% | ||
| Q3 25 | 10.8% | 50.0% | ||
| Q2 25 | 10.5% | 50.9% | ||
| Q1 25 | 10.4% | 49.4% | ||
| Q4 24 | 10.7% | 50.7% | ||
| Q3 24 | 10.3% | 53.1% | ||
| Q2 24 | 9.2% | 49.2% |
营业利润率CAPLMAT
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 8.0% | ||
| Q3 25 | 2.9% | 21.9% | ||
| Q2 25 | 4.3% | 7.7% | ||
| Q1 25 | 0.2% | -6.4% | ||
| Q4 24 | 3.0% | 9.6% | ||
| Q3 24 | 2.5% | 26.5% | ||
| Q2 24 | 2.5% | 7.7% |
净利率CAPLMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 1.2% | 6.0% | ||
| Q3 25 | 1.4% | 16.0% | ||
| Q2 25 | 2.6% | 5.2% | ||
| Q1 25 | -0.8% | -4.9% | ||
| Q4 24 | 1.8% | 8.6% | ||
| Q3 24 | 1.0% | 20.2% | ||
| Q2 24 | 1.1% | 5.3% |
每股收益（稀释后）CAPLMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.24 | $0.32 | ||
| Q3 25 | $0.34 | $0.88 | ||
| Q2 25 | $0.64 | $0.16 | ||
| Q1 25 | $-0.20 | $-0.12 | ||
| Q4 24 | $0.42 | $0.40 | ||
| Q3 24 | $0.27 | $1.09 | ||
| Q2 24 | $0.31 | $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 | $3.1M | $866.0M |
| 总债务越低越好 | $687.2M | $2.3B |
| 股东权益账面价值 | — | $2.1B |
| 总资产 | $964.7M | $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CAPLMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $3.1M | $1.2B | ||
| Q3 25 | $5.8M | $691.9M | ||
| Q2 25 | $9.7M | $870.5M | ||
| Q1 25 | $6.7M | $1.2B | ||
| Q4 24 | $3.4M | $1.4B | ||
| Q3 24 | $7.8M | $723.5M | ||
| Q2 24 | $5.5M | $722.4M |
总债务CAPLMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $687.2M | $2.3B | ||
| Q3 25 | $700.8M | $2.3B | ||
| Q2 25 | $722.7M | $2.3B | ||
| Q1 25 | $774.1M | $2.3B | ||
| Q4 24 | $763.9M | $2.3B | ||
| Q3 24 | $769.2M | $2.3B | ||
| Q2 24 | $786.7M | $2.3B |
股东权益CAPLMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.0B |
总资产CAPLMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $964.7M | $6.6B | ||
| Q3 25 | $998.9M | $6.6B | ||
| Q2 25 | $1.0B | $6.2B | ||
| Q1 25 | $1.1B | $6.2B | ||
| Q4 24 | $1.1B | $6.5B | ||
| Q3 24 | $1.1B | $6.5B | ||
| Q2 24 | $1.2B | $5.9B |
负债/权益比CAPLMAT
| 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 | $29.4M | — |
| 自由现金流经营现金流 - 资本支出 | $22.4M | $-88.1M |
| 自由现金流率自由现金流/营收 | 2.6% | -10.2% |
| 资本支出强度资本支出/营收 | 0.8% | 7.6% |
| 现金转化率经营现金流/净利润 | 2.89× | — |
| 过去12个月自由现金流最近4个季度 | $55.8M | — |
8季度趋势，按日历期对齐
经营现金流CAPLMAT
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $796.6M | ||
| Q3 25 | $24.4M | $72.0M | ||
| Q2 25 | $22.6M | $-300.1M | ||
| Q1 25 | $15.0M | $24.8M | ||
| Q4 24 | $11.1M | $862.1M | ||
| Q3 24 | $41.9M | $155.8M | ||
| Q2 24 | $28.9M | $-252.9M |
自由现金流CAPLMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $22.4M | — | ||
| Q3 25 | $17.7M | — | ||
| Q2 25 | $10.8M | — | ||
| Q1 25 | $4.9M | — | ||
| Q4 24 | $3.9M | — | ||
| Q3 24 | $34.2M | — | ||
| Q2 24 | $23.6M | — |
自由现金流率CAPLMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 2.6% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 2.1% | — |
资本支出强度CAPLMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.7% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.2% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.5% | — |
现金转化率CAPLMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.89× | 7.50× | ||
| Q3 25 | 1.79× | 0.26× | ||
| Q2 25 | 0.90× | -5.62× | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | 6.12× | ||
| Q3 24 | 3.92× | 0.42× | ||
| Q2 24 | 2.33× | -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
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
MAT
暂无分部数据
