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西蒙地产集团（ELS）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.的季度营收约是西蒙地产集团的1.2倍（$463.1M vs $397.6M），西蒙地产集团同比增速更快（2.7% vs 1.0%），过去两年西蒙地产集团的营收复合增速更高（2.3% vs -3.8%）
西蒙地产集团是美国头部房地产投资信托企业，投资范围涵盖购物中心、奥特莱斯及社区生活中心等商业地产业态，是美国规模最大的购物中心持有方，总部位于印第安纳州印第安纳波利斯，截至2024年12月末共持有232处物业权益。
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。
ELS vs MATV — 直观对比
营收规模更大
MATV
是对方的1.2倍
$397.6M
营收增速更快
ELS
高出1.7%
1.0%
两年增速更快
ELS
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $397.6M | $463.1M |
| 净利润 | — | $100.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | — | 2.2% |
| 净利率 | — | 21.8% |
| 营收同比 | 2.7% | 1.0% |
| 净利润同比 | — | 6620.0% |
| 每股收益（稀释后） | $0.56 | $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ELSMATV
| Q1 26 | $397.6M | — | ||
| Q4 25 | $373.9M | $463.1M | ||
| Q3 25 | $393.3M | $513.7M | ||
| Q2 25 | $376.9M | $525.4M | ||
| Q1 25 | $387.3M | $484.8M | ||
| Q4 24 | $372.3M | $458.6M | ||
| Q3 24 | $387.3M | $498.5M | ||
| Q2 24 | $380.0M | $523.8M |
净利润ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | $103.8M | $100.8M | ||
| Q3 25 | $100.4M | $-3.2M | ||
| Q2 25 | $83.5M | $-9.5M | ||
| Q1 25 | $114.4M | $-425.5M | ||
| Q4 24 | $100.6M | $1.5M | ||
| Q3 24 | $86.9M | $-20.8M | ||
| Q2 24 | $82.1M | $-1.4M |
毛利率ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | — | 18.8% | ||
| Q3 25 | — | 19.3% | ||
| Q2 25 | — | 19.7% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 20.8% |
营业利润率ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 26.5% | 2.2% | ||
| Q3 25 | 25.1% | 3.1% | ||
| Q2 25 | 22.3% | 3.8% | ||
| Q1 25 | 28.3% | -88.8% | ||
| Q4 24 | 27.2% | 0.6% | ||
| Q3 24 | 21.4% | 1.4% | ||
| Q2 24 | 21.5% | 2.0% |
净利率ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 27.8% | 21.8% | ||
| Q3 25 | 25.5% | -0.6% | ||
| Q2 25 | 22.2% | -1.8% | ||
| Q1 25 | 29.5% | -87.8% | ||
| Q4 24 | 27.0% | 0.3% | ||
| Q3 24 | 22.4% | -4.2% | ||
| Q2 24 | 21.6% | -0.3% |
每股收益（稀释后）ELSMATV
| Q1 26 | $0.56 | — | ||
| Q4 25 | $0.52 | $1.87 | ||
| Q3 25 | $0.50 | $-0.06 | ||
| Q2 25 | $0.42 | $-0.18 | ||
| Q1 25 | $0.57 | $-7.82 | ||
| Q4 24 | $0.51 | $0.03 | ||
| Q3 24 | $0.44 | $-0.38 | ||
| Q2 24 | $0.42 | $-0.03 |
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 | — | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $1.8B | $498.7M |
| 总资产 | $5.7M | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | — | $84.2M | ||
| Q3 25 | — | $97.1M | ||
| Q2 25 | — | $95.6M | ||
| Q1 25 | — | $84.0M | ||
| Q4 24 | — | $94.3M | ||
| Q3 24 | — | $162.2M | ||
| Q2 24 | — | $133.4M |
总债务ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | $3.2B | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
股东权益ELSMATV
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $498.7M | ||
| Q3 25 | $1.8B | $397.4M | ||
| Q2 25 | $1.7B | $416.6M | ||
| Q1 25 | $1.7B | $428.2M | ||
| Q4 24 | $1.7B | $858.5M | ||
| Q3 24 | $1.4B | $882.3M | ||
| Q2 24 | $1.4B | $898.0M |
总资产ELSMATV
| Q1 26 | $5.7M | — | ||
| Q4 25 | $5.7B | $2.1B | ||
| Q3 25 | $5.7B | $2.0B | ||
| Q2 25 | $5.7B | $2.1B | ||
| Q1 25 | $5.6B | $2.1B | ||
| Q4 24 | $5.6B | $2.4B | ||
| Q3 24 | $5.6B | $2.6B | ||
| Q2 24 | $5.6B | $2.6B |
负债/权益比ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 1.91× | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | 1.84× | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× |
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 | — | $19.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 资本支出强度资本支出/营收 | — | 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ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | $571.1M | $19.3M | ||
| Q3 25 | $147.0M | $72.8M | ||
| Q2 25 | $131.3M | $57.6M | ||
| Q1 25 | $193.4M | $-15.9M | ||
| Q4 24 | $596.7M | $24.1M | ||
| Q3 24 | $149.5M | $37.6M | ||
| Q2 24 | $143.1M | $46.1M |
自由现金流ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | $334.1M | $8.0M | ||
| Q3 25 | $75.7M | $66.7M | ||
| Q2 25 | $71.8M | $48.9M | ||
| Q1 25 | $148.2M | $-29.8M | ||
| Q4 24 | $355.4M | $2.0M | ||
| Q3 24 | $91.1M | $25.5M | ||
| Q2 24 | $80.6M | $37.4M |
自由现金流率ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 89.4% | 1.7% | ||
| Q3 25 | 19.3% | 13.0% | ||
| Q2 25 | 19.1% | 9.3% | ||
| Q1 25 | 38.3% | -6.1% | ||
| Q4 24 | 95.5% | 0.4% | ||
| Q3 24 | 23.5% | 5.1% | ||
| Q2 24 | 21.2% | 7.1% |
资本支出强度ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 63.4% | 2.4% | ||
| Q3 25 | 18.1% | 1.2% | ||
| Q2 25 | 15.8% | 1.7% | ||
| Q1 25 | 11.7% | 2.9% | ||
| Q4 24 | 64.8% | 4.8% | ||
| Q3 24 | 15.1% | 2.4% | ||
| Q2 24 | 16.5% | 1.7% |
现金转化率ELSMATV
| Q1 26 | — | — | ||
| Q4 25 | 5.50× | 0.19× | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | 1.57× | — | ||
| Q1 25 | 1.69× | — | ||
| Q4 24 | 5.93× | 16.07× | ||
| Q3 24 | 1.72× | — | ||
| Q2 24 | 1.74× | — |
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
ELS
| Rental income | $339.0M | 85% |
| Other | $37.2M | 9% |
| Annual membership subscriptions | $18.3M | 5% |
| Membership upgrade revenue | $3.1M | 1% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
