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DELUXE CORP（DLX）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DELUXE CORP的1.6倍（$862.2M vs $535.2M），美泰净利率更高（7.1% vs 2.2%，领先4.8%），美泰同比增速更快（4.3% vs 2.8%），过去两年DELUXE CORP的营收复合增速更高（0.0% vs -10.6%）
德朗士公司是一家美国企业，提供支付处理、数据服务、票据与促销产品以及商户服务，业务分为B2B支付、数据、印刷和商户服务四大板块。截至2025年，公司为数百万中小企业和数千家金融机构提供服务，每年处理支付交易总额超2.8万亿美元，虽传统核心业务为票据印刷等印刷产品，如今支付与数据服务已成为核心板块。
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。
DLX vs MAT — 直观对比
营收规模更大
MAT
是对方的1.6倍
$535.2M
营收增速更快
MAT
高出1.5%
2.8%
净利率更高
MAT
高出4.8%
2.2%
两年增速更快
DLX
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $535.2M | $862.2M |
| 净利润 | $12.0M | $61.0M |
| 毛利率 | 52.2% | 44.9% |
| 营业利润率 | 8.9% | — |
| 净利率 | 2.2% | 7.1% |
| 营收同比 | 2.8% | 4.3% |
| 净利润同比 | -5.0% | 251.4% |
| 每股收益（稀释后） | $0.25 | $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DLXMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $535.2M | $1.8B | ||
| Q3 25 | $540.2M | $1.7B | ||
| Q2 25 | $521.3M | $1.0B | ||
| Q1 25 | $536.5M | $826.6M | ||
| Q4 24 | $520.6M | $1.6B | ||
| Q3 24 | $528.4M | $1.8B | ||
| Q2 24 | $537.8M | $1.1B |
净利润DLXMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $12.0M | $106.2M | ||
| Q3 25 | $33.7M | $278.4M | ||
| Q2 25 | $22.4M | $53.4M | ||
| Q1 25 | $14.0M | $-40.3M | ||
| Q4 24 | $12.6M | $140.9M | ||
| Q3 24 | $8.9M | $372.4M | ||
| Q2 24 | $20.5M | $56.9M |
毛利率DLXMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 52.2% | 45.9% | ||
| Q3 25 | 53.9% | 50.0% | ||
| Q2 25 | 53.6% | 50.9% | ||
| Q1 25 | 52.4% | 49.4% | ||
| Q4 24 | 52.3% | 50.7% | ||
| Q3 24 | 53.3% | 53.1% | ||
| Q2 24 | 53.7% | 49.2% |
营业利润率DLXMAT
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | 8.0% | ||
| Q3 25 | 14.0% | 21.9% | ||
| Q2 25 | 11.7% | 7.7% | ||
| Q1 25 | 9.0% | -6.4% | ||
| Q4 24 | 9.0% | 9.6% | ||
| Q3 24 | 7.9% | 26.5% | ||
| Q2 24 | 11.0% | 7.7% |
净利率DLXMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 2.2% | 6.0% | ||
| Q3 25 | 6.2% | 16.0% | ||
| Q2 25 | 4.3% | 5.2% | ||
| Q1 25 | 2.6% | -4.9% | ||
| Q4 24 | 2.4% | 8.6% | ||
| Q3 24 | 1.7% | 20.2% | ||
| Q2 24 | 3.8% | 5.3% |
每股收益（稀释后）DLXMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.25 | $0.32 | ||
| Q3 25 | $0.74 | $0.88 | ||
| Q2 25 | $0.50 | $0.16 | ||
| Q1 25 | $0.31 | $-0.12 | ||
| Q4 24 | $0.28 | $0.40 | ||
| Q3 24 | $0.20 | $1.09 | ||
| Q2 24 | $0.46 | $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 | $36.9M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $680.7M | $2.1B |
| 总资产 | $2.9B | $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DLXMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $36.9M | $1.2B | ||
| Q3 25 | $25.8M | $691.9M | ||
| Q2 25 | $26.0M | $870.5M | ||
| Q1 25 | $30.3M | $1.2B | ||
| Q4 24 | $34.4M | $1.4B | ||
| Q3 24 | $41.3M | $723.5M | ||
| Q2 24 | $23.1M | $722.4M |
总债务DLXMAT
| 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DLXMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $680.7M | $2.2B | ||
| Q3 25 | $664.1M | $2.3B | ||
| Q2 25 | $638.7M | $2.2B | ||
| Q1 25 | $622.5M | $2.1B | ||
| Q4 24 | $620.9M | $2.3B | ||
| Q3 24 | $612.7M | $2.3B | ||
| Q2 24 | $620.5M | $2.0B |
总资产DLXMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $2.9B | $6.6B | ||
| Q3 25 | $2.6B | $6.6B | ||
| Q2 25 | $2.5B | $6.2B | ||
| Q1 25 | $2.6B | $6.2B | ||
| Q4 24 | $2.8B | $6.5B | ||
| Q3 24 | $2.6B | $6.5B | ||
| Q2 24 | $2.7B | $5.9B |
负债/权益比DLXMAT
| 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 | $102.1M | — |
| 自由现金流经营现金流 - 资本支出 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -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 | 8.53× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流DLXMAT
| Q1 26 | — | — | ||
| Q4 25 | $102.1M | $796.6M | ||
| Q3 25 | $67.1M | $72.0M | ||
| Q2 25 | $51.1M | $-300.1M | ||
| Q1 25 | $50.3M | $24.8M | ||
| Q4 24 | $60.2M | $862.1M | ||
| Q3 24 | $67.9M | $155.8M | ||
| Q2 24 | $39.6M | $-252.9M |
自由现金流DLXMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $27.8M | — | ||
| Q1 25 | $24.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $46.7M | — | ||
| Q2 24 | $11.4M | — |
自由现金流率DLXMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | 2.1% | — |
资本支出强度DLXMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.5% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 5.2% | — |
现金转化率DLXMAT
| Q1 26 | — | — | ||
| Q4 25 | 8.53× | 7.50× | ||
| Q3 25 | 1.99× | 0.26× | ||
| Q2 25 | 2.28× | -5.62× | ||
| Q1 25 | 3.59× | — | ||
| Q4 24 | 4.77× | 6.12× | ||
| Q3 24 | 7.60× | 0.42× | ||
| Q2 24 | 1.94× | -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
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
MAT
暂无分部数据
