vs
雅诗兰黛（EL）与M&T Bank（MTB）财务数据对比。点击上方公司名可切换其他公司
雅诗兰黛的季度营收约是M&T Bank的1.7倍（$4.2B vs $2.5B），M&T Bank净利率更高（30.7% vs 3.8%，领先26.8%），雅诗兰黛同比增速更快（5.6% vs 3.8%），过去两年M&T Bank的营收复合增速更高（4.6% vs 3.6%）
雅诗兰黛是全球知名的高端美妆集团，由创始人雅诗·兰黛女士与丈夫约瑟夫·劳特共同创立。雅诗·兰黛女士也是唯一一位登上《时代》杂志1998年“20世纪20位最具影响力商业天才”榜单的女性，集团旗下拥有多个知名美妆、护肤、香氛品牌，业务覆盖全球众多国家和地区。
M&T银行是总部位于美国纽约州布法罗的银行控股企业，业务覆盖美国东部从缅因州到弗吉尼亚州的12个州及华盛顿特区，运营超过950家线下网点。其控股主体1998年5月前名为第一帝国州公司，之后更为现名。
EL vs MTB — 直观对比
营收规模更大
EL
是对方的1.7倍
$2.5B
营收增速更快
EL
高出1.8%
3.8%
净利率更高
MTB
高出26.8%
3.8%
两年增速更快
MTB
近两年复合增速
3.6%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $4.2B | $2.5B |
| 净利润 | $162.0M | $759.0M |
| 毛利率 | 76.5% | — |
| 营业利润率 | 9.5% | 39.2% |
| 净利率 | 3.8% | 30.7% |
| 营收同比 | 5.6% | 3.8% |
| 净利润同比 | 127.5% | 11.5% |
| 每股收益（稀释后） | $0.44 | $4.62 |
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ELMTB
| Q4 25 | $4.2B | $2.5B | ||
| Q3 25 | $3.5B | $2.5B | ||
| Q2 25 | $3.4B | $2.4B | ||
| Q1 25 | $3.5B | $2.3B | ||
| Q4 24 | $4.0B | $2.4B | ||
| Q3 24 | $3.4B | $2.3B | ||
| Q2 24 | $3.9B | $2.3B | ||
| Q1 24 | $3.9B | $2.3B |
净利润ELMTB
| Q4 25 | $162.0M | $759.0M | ||
| Q3 25 | $47.0M | $792.0M | ||
| Q2 25 | $-546.0M | $716.0M | ||
| Q1 25 | $159.0M | $584.0M | ||
| Q4 24 | $-590.0M | $681.0M | ||
| Q3 24 | $-156.0M | $721.0M | ||
| Q2 24 | $-286.0M | $655.0M | ||
| Q1 24 | $335.0M | $531.0M |
毛利率ELMTB
| Q4 25 | 76.5% | — | ||
| Q3 25 | 73.4% | — | ||
| Q2 25 | 72.0% | — | ||
| Q1 25 | 75.0% | — | ||
| Q4 24 | 76.1% | — | ||
| Q3 24 | 72.4% | — | ||
| Q2 24 | 71.8% | — | ||
| Q1 24 | 71.9% | — |
营业利润率ELMTB
| Q4 25 | 9.5% | 39.2% | ||
| Q3 25 | 4.9% | 40.8% | ||
| Q2 25 | -11.4% | 39.0% | ||
| Q1 25 | 8.6% | 33.0% | ||
| Q4 24 | -14.5% | 37.0% | ||
| Q3 24 | -3.6% | 39.0% | ||
| Q2 24 | -6.0% | 37.1% | ||
| Q1 24 | 13.5% | 29.4% |
净利率ELMTB
| Q4 25 | 3.8% | 30.7% | ||
| Q3 25 | 1.4% | 31.5% | ||
| Q2 25 | -16.0% | 29.9% | ||
| Q1 25 | 4.5% | 25.3% | ||
| Q4 24 | -14.7% | 28.6% | ||
| Q3 24 | -4.6% | 30.9% | ||
| Q2 24 | -7.4% | 28.5% | ||
| Q1 24 | 8.5% | 23.5% |
每股收益（稀释后）ELMTB
| Q4 25 | $0.44 | $4.62 | ||
| Q3 25 | $0.13 | $4.82 | ||
| Q2 25 | $-1.52 | $4.24 | ||
| Q1 25 | $0.44 | $3.32 | ||
| Q4 24 | $-1.64 | $3.87 | ||
| Q3 24 | $-0.43 | $4.02 | ||
| Q2 24 | $-0.79 | $3.73 | ||
| Q1 24 | $0.91 | $3.02 |
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 | — | — |
| 总债务越低越好 | $7.3B | $10.9B |
| 股东权益账面价值 | $4.0B | $29.2B |
| 总资产 | $19.6B | $213.5B |
| 负债/权益比越低杠杆越低 | 1.82× | 0.37× |
8季度趋势，按日历期对齐
总债务ELMTB
| Q4 25 | $7.3B | $10.9B | ||
| Q3 25 | $7.3B | $12.9B | ||
| Q2 25 | $7.3B | $12.4B | ||
| Q1 25 | $7.3B | $10.5B | ||
| Q4 24 | $7.3B | $12.6B | ||
| Q3 24 | $7.3B | $11.6B | ||
| Q2 24 | $7.3B | $11.3B | ||
| Q1 24 | $7.3B | $11.4B |
股东权益ELMTB
| Q4 25 | $4.0B | $29.2B | ||
| Q3 25 | $3.9B | $28.7B | ||
| Q2 25 | $3.9B | $28.5B | ||
| Q1 25 | $4.3B | $29.0B | ||
| Q4 24 | $4.2B | $29.0B | ||
| Q3 24 | $5.1B | $28.9B | ||
| Q2 24 | $5.3B | $28.4B | ||
| Q1 24 | $5.7B | $27.2B |
总资产ELMTB
| Q4 25 | $19.6B | $213.5B | ||
| Q3 25 | $19.3B | $211.3B | ||
| Q2 25 | $19.9B | $211.6B | ||
| Q1 25 | $19.9B | $210.3B | ||
| Q4 24 | $19.8B | $208.1B | ||
| Q3 24 | $21.3B | $211.8B | ||
| Q2 24 | $21.7B | $208.9B | ||
| Q1 24 | $22.7B | $215.1B |
负债/权益比ELMTB
| Q4 25 | 1.82× | 0.37× | ||
| Q3 25 | 1.88× | 0.45× | ||
| Q2 25 | 1.89× | 0.43× | ||
| Q1 25 | 1.68× | 0.36× | ||
| Q4 24 | 1.75× | 0.43× | ||
| Q3 24 | 1.44× | 0.40× | ||
| Q2 24 | 1.37× | 0.40× | ||
| Q1 24 | 1.26× | 0.42× |
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 | $1.1B | $3.0B |
| 自由现金流经营现金流 - 资本支出 | $1.0B | — |
| 自由现金流率自由现金流/营收 | 24.0% | — |
| 资本支出强度资本支出/营收 | 2.6% | — |
| 现金转化率经营现金流/净利润 | 6.94× | 3.96× |
| 过去12个月自由现金流最近4个季度 | $1.1B | — |
8季度趋势，按日历期对齐
经营现金流ELMTB
| Q4 25 | $1.1B | $3.0B | ||
| Q3 25 | $-340.0M | $1.0B | ||
| Q2 25 | $601.0M | $844.0M | ||
| Q1 25 | $284.0M | $635.0M | ||
| Q4 24 | $1.1B | $3.6B | ||
| Q3 24 | $-670.0M | $-28.0M | ||
| Q2 24 | $889.0M | $1.4B | ||
| Q1 24 | $534.0M | $608.0M |
自由现金流ELMTB
| Q4 25 | $1.0B | — | ||
| Q3 25 | $-436.0M | — | ||
| Q2 25 | $394.0M | — | ||
| Q1 25 | $162.0M | — | ||
| Q4 24 | $925.0M | — | ||
| Q3 24 | $-811.0M | — | ||
| Q2 24 | $672.0M | — | ||
| Q1 24 | $359.0M | — |
自由现金流率ELMTB
| Q4 25 | 24.0% | — | ||
| Q3 25 | -12.5% | — | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | 4.6% | — | ||
| Q4 24 | 23.1% | — | ||
| Q3 24 | -24.1% | — | ||
| Q2 24 | 17.4% | — | ||
| Q1 24 | 9.1% | — |
资本支出强度ELMTB
| Q4 25 | 2.6% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 6.1% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 3.3% | — | ||
| Q3 24 | 4.2% | — | ||
| Q2 24 | 5.6% | — | ||
| Q1 24 | 4.4% | — |
现金转化率ELMTB
| Q4 25 | 6.94× | 3.96× | ||
| Q3 25 | -7.23× | 1.26× | ||
| Q2 25 | — | 1.18× | ||
| Q1 25 | 1.79× | 1.09× | ||
| Q4 24 | — | 5.30× | ||
| Q3 24 | — | -0.04× | ||
| Q2 24 | — | 2.07× | ||
| Q1 24 | 1.59× | 1.15× |
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
EL
| Skin Care | $2.1B | 49% |
| Makeup | $1.2B | 28% |
| Fragrance | $812.0M | 19% |
| Hair Care | $168.0M | 4% |
| Other | $31.0M | 1% |
MTB
暂无分部数据
