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CBIZ, Inc.（CBZ）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CBIZ, Inc.的1.0倍（$862.2M vs $848.6M），CBIZ, Inc.净利率更高（19.0% vs 7.1%，领先12.0%），美泰同比增速更快（4.3% vs 1.3%），CBIZ, Inc.自由现金流更多（$-28.5M vs $-88.1M），过去两年CBIZ, Inc.的营收复合增速更高（42.1% vs -10.6%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
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。
CBZ vs MAT — 直观对比
营收规模更大
MAT
是对方的1.0倍
$848.6M
营收增速更快
MAT
高出3.0%
1.3%
净利率更高
CBZ
高出12.0%
7.1%
自由现金流更多
CBZ
多$59.6M
$-88.1M
两年增速更快
CBZ
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $848.6M | $862.2M |
| 净利润 | $161.6M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 23.2% | — |
| 净利率 | 19.0% | 7.1% |
| 营收同比 | 1.3% | 4.3% |
| 净利润同比 | — | 251.4% |
| 每股收益（稀释后） | $2.63 | $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CBZMAT
| Q1 26 | $848.6M | $862.2M | ||
| Q4 25 | $542.7M | $1.8B | ||
| Q3 25 | $693.8M | $1.7B | ||
| Q2 25 | $683.5M | $1.0B | ||
| Q1 25 | $838.0M | $826.6M | ||
| Q4 24 | $460.3M | $1.6B | ||
| Q3 24 | $438.9M | $1.8B | ||
| Q2 24 | $420.0M | $1.1B |
净利润CBZMAT
| Q1 26 | $161.6M | $61.0M | ||
| Q4 25 | $-79.4M | $106.2M | ||
| Q3 25 | $30.1M | $278.4M | ||
| Q2 25 | $41.9M | $53.4M | ||
| Q1 25 | $122.8M | $-40.3M | ||
| Q4 24 | $-90.7M | $140.9M | ||
| Q3 24 | $35.1M | $372.4M | ||
| Q2 24 | $19.8M | $56.9M |
毛利率CBZMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | -9.4% | 45.9% | ||
| Q3 25 | 13.0% | 50.0% | ||
| Q2 25 | 12.9% | 50.9% | ||
| Q1 25 | 27.2% | 49.4% | ||
| Q4 24 | -13.4% | 50.7% | ||
| Q3 24 | 16.6% | 53.1% | ||
| Q2 24 | 12.8% | 49.2% |
营业利润率CBZMAT
| Q1 26 | 23.2% | — | ||
| Q4 25 | -15.7% | 8.0% | ||
| Q3 25 | 8.5% | 21.9% | ||
| Q2 25 | 8.8% | 7.7% | ||
| Q1 25 | 23.9% | -6.4% | ||
| Q4 24 | -23.2% | 9.6% | ||
| Q3 24 | 11.3% | 26.5% | ||
| Q2 24 | 7.5% | 7.7% |
净利率CBZMAT
| Q1 26 | 19.0% | 7.1% | ||
| Q4 25 | -14.6% | 6.0% | ||
| Q3 25 | 4.3% | 16.0% | ||
| Q2 25 | 6.1% | 5.2% | ||
| Q1 25 | 14.7% | -4.9% | ||
| Q4 24 | -19.7% | 8.6% | ||
| Q3 24 | 8.0% | 20.2% | ||
| Q2 24 | 4.7% | 5.3% |
每股收益（稀释后）CBZMAT
| Q1 26 | $2.63 | $0.20 | ||
| Q4 25 | $-1.22 | $0.32 | ||
| Q3 25 | $0.48 | $0.88 | ||
| Q2 25 | $0.66 | $0.16 | ||
| Q1 25 | $1.91 | $-0.12 | ||
| Q4 24 | $-1.84 | $0.40 | ||
| Q3 24 | $0.70 | $1.09 | ||
| Q2 24 | $0.39 | $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 | $28.7M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $1.9B | $2.1B |
| 总资产 | $4.6B | $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CBZMAT
| Q1 26 | $28.7M | $866.0M | ||
| Q4 25 | $18.3M | $1.2B | ||
| Q3 25 | $17.0M | $691.9M | ||
| Q2 25 | $39.8M | $870.5M | ||
| Q1 25 | $8.8M | $1.2B | ||
| Q4 24 | $13.8M | $1.4B | ||
| Q3 24 | $1.1M | $723.5M | ||
| Q2 24 | $1.1M | $722.4M |
总债务CBZMAT
| 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CBZMAT
| Q1 26 | $1.9B | $2.1B | ||
| Q4 25 | $1.8B | $2.2B | ||
| Q3 25 | $1.9B | $2.3B | ||
| Q2 25 | $1.9B | $2.2B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | $1.8B | $2.3B | ||
| Q3 24 | $927.9M | $2.3B | ||
| Q2 24 | $891.4M | $2.0B |
总资产CBZMAT
| Q1 26 | $4.6B | $6.3B | ||
| Q4 25 | $4.4B | $6.6B | ||
| Q3 25 | $4.5B | $6.6B | ||
| Q2 25 | $4.5B | $6.2B | ||
| Q1 25 | $4.6B | $6.2B | ||
| Q4 24 | $4.5B | $6.5B | ||
| Q3 24 | $2.1B | $6.5B | ||
| Q2 24 | $2.2B | $5.9B |
负债/权益比CBZMAT
| 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 | $-25.5M | — |
| 自由现金流经营现金流 - 资本支出 | $-28.5M | $-88.1M |
| 自由现金流率自由现金流/营收 | -3.4% | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 现金转化率经营现金流/净利润 | -0.16× | — |
| 过去12个月自由现金流最近4个季度 | $240.5M | — |
8季度趋势，按日历期对齐
经营现金流CBZMAT
| Q1 26 | $-25.5M | — | ||
| Q4 25 | $143.6M | $796.6M | ||
| Q3 25 | $24.0M | $72.0M | ||
| Q2 25 | $113.1M | $-300.1M | ||
| Q1 25 | $-88.3M | $24.8M | ||
| Q4 24 | $55.5M | $862.1M | ||
| Q3 24 | $43.7M | $155.8M | ||
| Q2 24 | $88.2M | $-252.9M |
自由现金流CBZMAT
| Q1 26 | $-28.5M | $-88.1M | ||
| Q4 25 | $141.7M | — | ||
| Q3 25 | $22.1M | — | ||
| Q2 25 | $105.2M | — | ||
| Q1 25 | $-93.4M | — | ||
| Q4 24 | $52.3M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $86.3M | — |
自由现金流率CBZMAT
| Q1 26 | -3.4% | -10.2% | ||
| Q4 25 | 26.1% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | -11.2% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.4% | — | ||
| Q2 24 | 20.5% | — |
资本支出强度CBZMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.4% | — |
现金转化率CBZMAT
| Q1 26 | -0.16× | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | 0.79× | 0.26× | ||
| Q2 25 | 2.70× | -5.62× | ||
| Q1 25 | -0.72× | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 1.25× | 0.42× | ||
| Q2 24 | 4.45× | -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
CBZ
| Financial Services (1) | $740.3M | 87% |
| Benefits and Insurance Services | $108.2M | 13% |
MAT
暂无分部数据
