vs
达美乐（DPZ）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是达美乐的1.2倍（$1.4B vs $1.2B），Martin Marietta Materials净利率更高（111.1% vs 12.2%，领先98.9%），Martin Marietta Materials同比增速更快（17.0% vs 3.5%），过去两年达美乐的营收复合增速更高（2.4% vs -12.1%）
达美乐是1960年成立的美国跨国披萨连锁品牌，注册地位于特拉华州，总部坐落在密歇根州安娜堡附近的安娜堡镇达美乐农场办公园区。截至2018年，品牌已在全球83个国家和地区的5701座城市开设约15000家门店，其中美国、印度、英国分别有5649家、1500家和1249家门店。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
DPZ vs MLM — 直观对比
营收规模更大
MLM
是对方的1.2倍
$1.2B
营收增速更快
MLM
高出13.5%
3.5%
净利率更高
MLM
高出98.9%
12.2%
两年增速更快
DPZ
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.2B | $1.4B |
| 净利润 | $139.8M | $1.5B |
| 毛利率 | 40.4% | 22.8% |
| 营业利润率 | 20.0% | 11.9% |
| 净利率 | 12.2% | 111.1% |
| 营收同比 | 3.5% | 17.0% |
| 净利润同比 | -6.6% | — |
| 每股收益（稀释后） | $4.13 | — |
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DPZMLM
| Q1 26 | $1.2B | $1.4B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | $1.1B | $1.8B | ||
| Q2 25 | $1.1B | $1.8B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.4B | $1.6B | ||
| Q3 24 | $1.1B | $1.9B | ||
| Q2 24 | $1.1B | $1.8B |
净利润DPZMLM
| Q1 26 | $139.8M | $1.5B | ||
| Q4 25 | — | $279.0M | ||
| Q3 25 | $139.3M | $414.0M | ||
| Q2 25 | $131.1M | $328.0M | ||
| Q1 25 | $149.7M | $116.0M | ||
| Q4 24 | $169.4M | $293.0M | ||
| Q3 24 | $146.9M | $363.0M | ||
| Q2 24 | $142.0M | $294.0M |
毛利率DPZMLM
| Q1 26 | 40.4% | 22.8% | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | 40.1% | 33.1% | ||
| Q2 25 | 40.3% | 30.0% | ||
| Q1 25 | 39.8% | 24.8% | ||
| Q4 24 | 39.2% | 30.0% | ||
| Q3 24 | 39.2% | 31.7% | ||
| Q2 24 | 39.8% | 29.3% |
营业利润率DPZMLM
| Q1 26 | 20.0% | 11.9% | ||
| Q4 25 | — | 24.6% | ||
| Q3 25 | 19.5% | 27.4% | ||
| Q2 25 | 19.7% | 25.3% | ||
| Q1 25 | 18.9% | 14.3% | ||
| Q4 24 | 19.0% | 24.4% | ||
| Q3 24 | 18.4% | 25.9% | ||
| Q2 24 | 17.9% | 22.6% |
净利率DPZMLM
| Q1 26 | 12.2% | 111.1% | ||
| Q4 25 | — | 24.5% | ||
| Q3 25 | 12.1% | 22.4% | ||
| Q2 25 | 11.4% | 18.1% | ||
| Q1 25 | 13.5% | 8.6% | ||
| Q4 24 | 11.7% | 18.0% | ||
| Q3 24 | 13.6% | 19.2% | ||
| Q2 24 | 12.9% | 16.7% |
每股收益（稀释后）DPZMLM
| Q1 26 | $4.13 | — | ||
| Q4 25 | — | $4.59 | ||
| Q3 25 | $4.08 | $6.85 | ||
| Q2 25 | $3.81 | $5.43 | ||
| Q1 25 | $4.33 | $1.90 | ||
| Q4 24 | $4.89 | $4.87 | ||
| Q3 24 | $4.19 | $5.91 | ||
| Q2 24 | $4.03 | $4.76 |
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 | $232.9M | $273.0M |
| 总债务越低越好 | $4.9B | $0 |
| 股东权益账面价值 | — | $11.3B |
| 总资产 | $1.8B | $20.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资DPZMLM
| Q1 26 | $232.9M | $273.0M | ||
| Q4 25 | — | $67.0M | ||
| Q3 25 | $139.7M | $57.0M | ||
| Q2 25 | $272.9M | $225.0M | ||
| Q1 25 | $304.3M | $101.0M | ||
| Q4 24 | $186.1M | $670.0M | ||
| Q3 24 | $189.1M | $52.0M | ||
| Q2 24 | $283.7M | $109.0M |
总债务DPZMLM
| Q1 26 | $4.9B | $0 | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | $4.8B | $5.5B | ||
| Q2 25 | $3.8B | $5.4B | ||
| Q1 25 | $3.8B | $5.4B | ||
| Q4 24 | $3.8B | $5.4B | ||
| Q3 24 | $5.0B | $4.0B | ||
| Q2 24 | $5.0B | $4.3B |
股东权益DPZMLM
| Q1 26 | — | $11.3B | ||
| Q4 25 | — | $10.0B | ||
| Q3 25 | $-4.0B | $9.7B | ||
| Q2 25 | $-4.0B | $9.4B | ||
| Q1 25 | $-3.9B | $9.1B | ||
| Q4 24 | $-4.0B | $9.5B | ||
| Q3 24 | $-4.0B | $9.2B | ||
| Q2 24 | $-3.9B | $8.8B |
总资产DPZMLM
| Q1 26 | $1.8B | $20.5B | ||
| Q4 25 | — | $18.7B | ||
| Q3 25 | $1.7B | $18.7B | ||
| Q2 25 | $1.8B | $18.1B | ||
| Q1 25 | $1.9B | $17.7B | ||
| Q4 24 | $1.7B | $18.2B | ||
| Q3 24 | $1.8B | $16.5B | ||
| Q2 24 | $1.9B | $16.3B |
负债/权益比DPZMLM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× |
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 | $162.0M | $227.0M |
| 自由现金流经营现金流 - 资本支出 | $147.0M | — |
| 自由现金流率自由现金流/营收 | 12.8% | — |
| 资本支出强度资本支出/营收 | 1.3% | 40.4% |
| 现金转化率经营现金流/净利润 | 1.16× | 0.15× |
| 过去12个月自由现金流最近4个季度 | $625.3M | — |
8季度趋势，按日历期对齐
经营现金流DPZMLM
| Q1 26 | $162.0M | $227.0M | ||
| Q4 25 | — | $629.0M | ||
| Q3 25 | $185.4M | $551.0M | ||
| Q2 25 | $187.8M | $387.0M | ||
| Q1 25 | $179.1M | $218.0M | ||
| Q4 24 | $178.0M | $686.0M | ||
| Q3 24 | $172.7M | $600.0M | ||
| Q2 24 | $150.7M | $1.0M |
自由现金流DPZMLM
| Q1 26 | $147.0M | — | ||
| Q4 25 | — | $424.0M | ||
| Q3 25 | $164.0M | $361.0M | ||
| Q2 25 | $167.3M | $208.0M | ||
| Q1 25 | $164.3M | $-15.0M | ||
| Q4 24 | $135.9M | $453.0M | ||
| Q3 24 | $145.6M | $317.0M | ||
| Q2 24 | $127.2M | $-138.0M |
自由现金流率DPZMLM
| Q1 26 | 12.8% | — | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | 14.3% | 19.6% | ||
| Q2 25 | 14.6% | 11.5% | ||
| Q1 25 | 14.8% | -1.1% | ||
| Q4 24 | 9.4% | 27.8% | ||
| Q3 24 | 13.5% | 16.8% | ||
| Q2 24 | 11.6% | -7.8% |
资本支出强度DPZMLM
| Q1 26 | 1.3% | 40.4% | ||
| Q4 25 | — | 18.0% | ||
| Q3 25 | 1.9% | 10.3% | ||
| Q2 25 | 1.8% | 9.9% | ||
| Q1 25 | 1.3% | 17.2% | ||
| Q4 24 | 2.9% | 14.3% | ||
| Q3 24 | 2.5% | 15.0% | ||
| Q2 24 | 2.1% | 7.9% |
现金转化率DPZMLM
| Q1 26 | 1.16× | 0.15× | ||
| Q4 25 | — | 2.25× | ||
| Q3 25 | 1.33× | 1.33× | ||
| Q2 25 | 1.43× | 1.18× | ||
| Q1 25 | 1.20× | 1.88× | ||
| Q4 24 | 1.05× | 2.34× | ||
| Q3 24 | 1.18× | 1.65× | ||
| Q2 24 | 1.06× | 0.00× |
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
DPZ
| Supply chain | $699.0M | 61% |
| U.S. franchise royalties and fees | $158.0M | 14% |
| U.S. franchise advertising | $130.5M | 11% |
| U.S. Company-owned stores | $82.1M | 7% |
| International franchise royalties and fees | $81.0M | 7% |
MLM
暂无分部数据
