vs
科慕（CC）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
科慕的季度营收约是美森的1.6倍（$1.3B vs $851.9M），美森净利率更高（16.8% vs -3.5%，领先20.3%），科慕同比增速更快（-2.1% vs -4.3%），科慕自由现金流更多（$92.0M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs -1.2%）
科慕公司是一家美国化工企业，2015年7月从杜邦分拆成立，总部位于美国特拉华州威尔明顿。公司主营产品包括具备不粘特性的知名品牌特氟龙（聚四氟乙烯PTFE）、二氧化钛以及制冷剂气体，在特种化工领域拥有深厚的技术积累。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
CC vs MATX — 直观对比
营收规模更大
CC
是对方的1.6倍
$851.9M
营收增速更快
CC
高出2.3%
-4.3%
净利率更高
MATX
高出20.3%
-3.5%
自由现金流更多
CC
多$49.8M
$42.2M
两年增速更快
MATX
近两年复合增速
-1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $851.9M |
| 净利润 | $-47.0M | $143.1M |
| 毛利率 | 11.7% | — |
| 营业利润率 | — | 16.9% |
| 净利率 | -3.5% | 16.8% |
| 营收同比 | -2.1% | -4.3% |
| 净利润同比 | -261.5% | 11.8% |
| 每股收益（稀释后） | $-0.32 | $4.47 |
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CCMATX
| Q4 25 | $1.3B | $851.9M | ||
| Q3 25 | $1.5B | $880.1M | ||
| Q2 25 | $1.6B | $830.5M | ||
| Q1 25 | $1.4B | $782.0M | ||
| Q4 24 | $1.4B | $890.3M | ||
| Q3 24 | $1.5B | $962.0M | ||
| Q2 24 | $1.6B | $847.4M | ||
| Q1 24 | $1.4B | $722.1M |
净利润CCMATX
| Q4 25 | $-47.0M | $143.1M | ||
| Q3 25 | $46.0M | $134.7M | ||
| Q2 25 | $-380.0M | $94.7M | ||
| Q1 25 | $-5.0M | $72.3M | ||
| Q4 24 | $-13.0M | $128.0M | ||
| Q3 24 | $-32.0M | $199.1M | ||
| Q2 24 | $60.0M | $113.2M | ||
| Q1 24 | $54.0M | $36.1M |
毛利率CCMATX
| Q4 25 | 11.7% | — | ||
| Q3 25 | 15.6% | — | ||
| Q2 25 | 17.2% | — | ||
| Q1 25 | 17.3% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 19.8% | — | ||
| Q1 24 | 20.9% | — |
营业利润率CCMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | 2.5% | 18.3% | ||
| Q2 25 | -15.4% | 13.6% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | -0.1% | 16.6% | ||
| Q3 24 | -2.1% | 25.2% | ||
| Q2 24 | 4.4% | 14.7% | ||
| Q1 24 | 5.1% | 5.1% |
净利率CCMATX
| Q4 25 | -3.5% | 16.8% | ||
| Q3 25 | 3.1% | 15.3% | ||
| Q2 25 | -23.5% | 11.4% | ||
| Q1 25 | -0.4% | 9.2% | ||
| Q4 24 | -1.0% | 14.4% | ||
| Q3 24 | -2.1% | 20.7% | ||
| Q2 24 | 3.9% | 13.4% | ||
| Q1 24 | 4.0% | 5.0% |
每股收益（稀释后）CCMATX
| Q4 25 | $-0.32 | $4.47 | ||
| Q3 25 | $0.31 | $4.24 | ||
| Q2 25 | $-2.53 | $2.92 | ||
| Q1 25 | $-0.03 | $2.18 | ||
| Q4 24 | $-0.07 | $3.69 | ||
| Q3 24 | $-0.22 | $5.89 | ||
| Q2 24 | $0.39 | $3.31 | ||
| Q1 24 | $0.36 | $1.04 |
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 | $670.0M | $141.9M |
| 总债务越低越好 | $4.1B | $361.2M |
| 股东权益账面价值 | $250.0M | $2.8B |
| 总资产 | $7.4B | $4.6B |
| 负债/权益比越低杠杆越低 | 16.40× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资CCMATX
| Q4 25 | $670.0M | $141.9M | ||
| Q3 25 | $613.0M | $92.7M | ||
| Q2 25 | $502.0M | $59.1M | ||
| Q1 25 | $464.0M | $122.0M | ||
| Q4 24 | $713.0M | $266.8M | ||
| Q3 24 | $596.0M | $270.3M | ||
| Q2 24 | $604.0M | $168.2M | ||
| Q1 24 | $746.0M | $25.9M |
总债务CCMATX
| Q4 25 | $4.1B | $361.2M | ||
| Q3 25 | $4.1B | $370.9M | ||
| Q2 25 | $4.1B | $341.3M | ||
| Q1 25 | $4.1B | $351.1M | ||
| Q4 24 | $4.1B | $361.2M | ||
| Q3 24 | $4.0B | $370.9M | ||
| Q2 24 | $4.0B | $381.0M | ||
| Q1 24 | $4.0B | $390.8M |
股东权益CCMATX
| Q4 25 | $250.0M | $2.8B | ||
| Q3 25 | $274.0M | $2.7B | ||
| Q2 25 | $228.0M | $2.6B | ||
| Q1 25 | $566.0M | $2.6B | ||
| Q4 24 | $571.0M | $2.7B | ||
| Q3 24 | $643.0M | $2.6B | ||
| Q2 24 | $714.0M | $2.4B | ||
| Q1 24 | $753.0M | $2.4B |
总资产CCMATX
| Q4 25 | $7.4B | $4.6B | ||
| Q3 25 | $7.5B | $4.6B | ||
| Q2 25 | $7.5B | $4.5B | ||
| Q1 25 | $7.4B | $4.5B | ||
| Q4 24 | $7.5B | $4.6B | ||
| Q3 24 | $7.5B | $4.4B | ||
| Q2 24 | $7.2B | $4.3B | ||
| Q1 24 | $8.0B | $4.2B |
负债/权益比CCMATX
| Q4 25 | 16.40× | 0.13× | ||
| Q3 25 | 14.96× | 0.14× | ||
| Q2 25 | 17.99× | 0.13× | ||
| Q1 25 | 7.18× | 0.13× | ||
| Q4 24 | 7.11× | 0.14× | ||
| Q3 24 | 6.20× | 0.15× | ||
| Q2 24 | 5.53× | 0.16× | ||
| Q1 24 | 5.27× | 0.16× |
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 | $137.0M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $92.0M | $42.2M |
| 自由现金流率自由现金流/营收 | 6.9% | 5.0% |
| 资本支出强度资本支出/营收 | 3.4% | 15.8% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 过去12个月自由现金流最近4个季度 | $51.0M | $153.7M |
8季度趋势，按日历期对齐
经营现金流CCMATX
| Q4 25 | $137.0M | $176.9M | ||
| Q3 25 | $146.0M | $175.6M | ||
| Q2 25 | $93.0M | $105.6M | ||
| Q1 25 | $-112.0M | $89.0M | ||
| Q4 24 | $138.0M | $174.7M | ||
| Q3 24 | $139.0M | $248.6M | ||
| Q2 24 | $-620.0M | $307.9M | ||
| Q1 24 | $-290.0M | $36.6M |
自由现金流CCMATX
| Q4 25 | $92.0M | $42.2M | ||
| Q3 25 | $105.0M | $92.4M | ||
| Q2 25 | $50.0M | $19.3M | ||
| Q1 25 | $-196.0M | $-200.0K | ||
| Q4 24 | $29.0M | $49.3M | ||
| Q3 24 | $63.0M | $189.0M | ||
| Q2 24 | $-693.0M | $238.1M | ||
| Q1 24 | $-392.0M | $-18.7M |
自由现金流率CCMATX
| Q4 25 | 6.9% | 5.0% | ||
| Q3 25 | 7.0% | 10.5% | ||
| Q2 25 | 3.1% | 2.3% | ||
| Q1 25 | -14.3% | -0.0% | ||
| Q4 24 | 2.1% | 5.5% | ||
| Q3 24 | 4.2% | 19.6% | ||
| Q2 24 | -44.6% | 28.1% | ||
| Q1 24 | -28.8% | -2.6% |
资本支出强度CCMATX
| Q4 25 | 3.4% | 15.8% | ||
| Q3 25 | 2.7% | 9.5% | ||
| Q2 25 | 2.7% | 10.4% | ||
| Q1 25 | 6.1% | 11.4% | ||
| Q4 24 | 8.0% | 14.1% | ||
| Q3 24 | 5.0% | 6.2% | ||
| Q2 24 | 4.7% | 8.2% | ||
| Q1 24 | 7.5% | 7.7% |
现金转化率CCMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | 3.17× | 1.30× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 1.23× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | — | 1.25× | ||
| Q2 24 | -10.33× | 2.72× | ||
| Q1 24 | -5.37× | 1.01× |
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
CC
| Titanium Technologies | $563.0M | 42% |
| Thermal And Specialized Solutions | $443.0M | 33% |
| Advanced Performance Materials | $312.0M | 23% |
| Other Non-Reportable Segment | $12.0M | 1% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
