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COUSINS PROPERTIES INC（CUZ）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是COUSINS PROPERTIES INC的1.8倍（$463.1M vs $255.0M），Mativ Holdings, Inc.净利率更高（21.8% vs -1.4%，领先23.1%），COUSINS PROPERTIES INC同比增速更快（13.2% vs 1.0%），COUSINS PROPERTIES INC自由现金流更多（$135.0M vs $8.0M），过去两年COUSINS PROPERTIES INC的营收复合增速更高（10.4% vs -3.8%）
Cousins Properties是一家公开上市的房地产投资信托（REIT），专注于亚特兰大、夏洛特、奥斯汀、菲尼克斯、坦帕及北卡罗来纳州教堂山的写字楼资产投资。公司曾开发多个知名地标项目，包括亚特兰大的CNN中心、奥姆尼体育馆、桃树中心191号大厦以及埃默里角商业综合体。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
CUZ vs MATV — 直观对比
营收规模更大
MATV
是对方的1.8倍
$255.0M
营收增速更快
CUZ
高出12.2%
1.0%
净利率更高
MATV
高出23.1%
-1.4%
自由现金流更多
CUZ
多$127.0M
$8.0M
两年增速更快
CUZ
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $255.0M | $463.1M |
| 净利润 | $-3.5M | $100.8M |
| 毛利率 | 67.4% | 18.8% |
| 营业利润率 | 67.5% | 2.2% |
| 净利率 | -1.4% | 21.8% |
| 营收同比 | 13.2% | 1.0% |
| 净利润同比 | -125.4% | 6620.0% |
| 每股收益（稀释后） | $-0.02 | $1.87 |
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CUZMATV
| Q4 25 | $255.0M | $463.1M | ||
| Q3 25 | $248.3M | $513.7M | ||
| Q2 25 | $240.1M | $525.4M | ||
| Q1 25 | $250.3M | $484.8M | ||
| Q4 24 | $225.3M | $458.6M | ||
| Q3 24 | $209.2M | $498.5M | ||
| Q2 24 | $213.0M | $523.8M | ||
| Q1 24 | $209.2M | $500.2M |
净利润CUZMATV
| Q4 25 | $-3.5M | $100.8M | ||
| Q3 25 | $8.6M | $-3.2M | ||
| Q2 25 | $14.5M | $-9.5M | ||
| Q1 25 | $20.9M | $-425.5M | ||
| Q4 24 | $13.6M | $1.5M | ||
| Q3 24 | $11.2M | $-20.8M | ||
| Q2 24 | $7.8M | $-1.4M | ||
| Q1 24 | $13.3M | $-28.0M |
毛利率CUZMATV
| Q4 25 | 67.4% | 18.8% | ||
| Q3 25 | 67.8% | 19.3% | ||
| Q2 25 | 69.1% | 19.7% | ||
| Q1 25 | 69.2% | 15.0% | ||
| Q4 24 | 67.6% | 16.9% | ||
| Q3 24 | 68.5% | 18.8% | ||
| Q2 24 | 66.8% | 20.8% | ||
| Q1 24 | 66.0% | 16.8% |
营业利润率CUZMATV
| Q4 25 | 67.5% | 2.2% | ||
| Q3 25 | 68.1% | 3.1% | ||
| Q2 25 | 69.4% | 3.8% | ||
| Q1 25 | 66.0% | -88.8% | ||
| Q4 24 | 65.8% | 0.6% | ||
| Q3 24 | 67.9% | 1.4% | ||
| Q2 24 | 66.4% | 2.0% | ||
| Q1 24 | 66.3% | -2.8% |
净利率CUZMATV
| Q4 25 | -1.4% | 21.8% | ||
| Q3 25 | 3.5% | -0.6% | ||
| Q2 25 | 6.0% | -1.8% | ||
| Q1 25 | 8.3% | -87.8% | ||
| Q4 24 | 6.1% | 0.3% | ||
| Q3 24 | 5.4% | -4.2% | ||
| Q2 24 | 3.7% | -0.3% | ||
| Q1 24 | 6.4% | -5.6% |
每股收益（稀释后）CUZMATV
| Q4 25 | $-0.02 | $1.87 | ||
| Q3 25 | $0.05 | $-0.06 | ||
| Q2 25 | $0.09 | $-0.18 | ||
| Q1 25 | $0.12 | $-7.82 | ||
| Q4 24 | $0.09 | $0.03 | ||
| Q3 24 | $0.07 | $-0.38 | ||
| Q2 24 | $0.05 | $-0.03 | ||
| Q1 24 | $0.09 | $-0.52 |
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 | $5.7M | $84.2M |
| 总债务越低越好 | $3.3B | $1.0B |
| 股东权益账面价值 | $4.7B | $498.7M |
| 总资产 | $8.9B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.71× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资CUZMATV
| Q4 25 | $5.7M | $84.2M | ||
| Q3 25 | $4.7M | $97.1M | ||
| Q2 25 | $416.8M | $95.6M | ||
| Q1 25 | $5.3M | $84.0M | ||
| Q4 24 | $7.3M | $94.3M | ||
| Q3 24 | $76.1M | $162.2M | ||
| Q2 24 | $6.0M | $133.4M | ||
| Q1 24 | $5.5M | $128.9M |
总债务CUZMATV
| Q4 25 | $3.3B | $1.0B | ||
| Q3 25 | $3.3B | $1.0B | ||
| Q2 25 | $3.5B | $1.1B | ||
| Q1 25 | $3.0B | $1.1B | ||
| Q4 24 | $3.1B | $1.1B | ||
| Q3 24 | $2.7B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B | ||
| Q1 24 | $2.6B | $1.2B |
股东权益CUZMATV
| Q4 25 | $4.7B | $498.7M | ||
| Q3 25 | $4.7B | $397.4M | ||
| Q2 25 | $4.8B | $416.6M | ||
| Q1 25 | $4.8B | $428.2M | ||
| Q4 24 | $4.8B | $858.5M | ||
| Q3 24 | $4.4B | $882.3M | ||
| Q2 24 | $4.5B | $898.0M | ||
| Q1 24 | $4.5B | $906.9M |
总资产CUZMATV
| Q4 25 | $8.9B | $2.1B | ||
| Q3 25 | $8.9B | $2.0B | ||
| Q2 25 | $9.1B | $2.1B | ||
| Q1 25 | $8.7B | $2.1B | ||
| Q4 24 | $8.8B | $2.4B | ||
| Q3 24 | $7.8B | $2.6B | ||
| Q2 24 | $7.7B | $2.6B | ||
| Q1 24 | $7.7B | $2.7B |
负债/权益比CUZMATV
| Q4 25 | 0.71× | 2.07× | ||
| Q3 25 | 0.70× | 2.63× | ||
| Q2 25 | 0.73× | 2.66× | ||
| Q1 25 | 0.63× | 2.67× | ||
| Q4 24 | 0.64× | 1.30× | ||
| Q3 24 | 0.60× | 1.32× | ||
| Q2 24 | 0.58× | 1.29× | ||
| Q1 24 | 0.57× | 1.30× |
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 | $402.3M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $135.0M | $8.0M |
| 自由现金流率自由现金流/营收 | 53.0% | 1.7% |
| 资本支出强度资本支出/营收 | 104.8% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 0.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.8M |
8季度趋势，按日历期对齐
经营现金流CUZMATV
| Q4 25 | $402.3M | $19.3M | ||
| Q3 25 | $120.5M | $72.8M | ||
| Q2 25 | $122.6M | $57.6M | ||
| Q1 25 | $44.8M | $-15.9M | ||
| Q4 24 | $400.2M | $24.1M | ||
| Q3 24 | $117.4M | $37.6M | ||
| Q2 24 | $125.5M | $46.1M | ||
| Q1 24 | $28.3M | $-13.0M |
自由现金流CUZMATV
| Q4 25 | $135.0M | $8.0M | ||
| Q3 25 | — | $66.7M | ||
| Q2 25 | — | $48.9M | ||
| Q1 25 | — | $-29.8M | ||
| Q4 24 | $147.5M | $2.0M | ||
| Q3 24 | — | $25.5M | ||
| Q2 24 | — | $37.4M | ||
| Q1 24 | — | $-25.1M |
自由现金流率CUZMATV
| Q4 25 | 53.0% | 1.7% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | 65.5% | 0.4% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | -5.0% |
资本支出强度CUZMATV
| Q4 25 | 104.8% | 2.4% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | 112.2% | 4.8% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 2.4% |
现金转化率CUZMATV
| Q4 25 | — | 0.19× | ||
| Q3 25 | 14.03× | — | ||
| Q2 25 | 8.46× | — | ||
| Q1 25 | 2.14× | — | ||
| Q4 24 | 29.35× | 16.07× | ||
| Q3 24 | 10.48× | — | ||
| Q2 24 | 16.01× | — | ||
| Q1 24 | 2.13× | — |
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
CUZ
| Rental Properties | $253.3M | 99% |
| Fee And Other Revenue | $1.7M | 1% |
| Other | $1.2M | 0% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
