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EAGLE MATERIALS INC（EXP）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是EAGLE MATERIALS INC的1.5倍（$851.9M vs $556.0M），EAGLE MATERIALS INC净利率更高（18.5% vs 16.8%，领先1.7%），EAGLE MATERIALS INC同比增速更快（-0.4% vs -4.3%），EAGLE MATERIALS INC自由现金流更多（$60.8M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs 8.0%）
Eagle Materials Inc.是总部位于美国得克萨斯州达拉斯的建筑材料生产企业，主营产品包括水泥、混凝土、建筑骨料、石膏、墙板、纸板以及水力压裂作业专用砂，产品广泛应用于建筑施工、能源开发等多个领域。
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
EXP vs MATX — 直观对比
营收规模更大
MATX
是对方的1.5倍
$556.0M
营收增速更快
EXP
高出3.9%
-4.3%
净利率更高
EXP
高出1.7%
16.8%
自由现金流更多
EXP
多$18.6M
$42.2M
两年增速更快
MATX
近两年复合增速
8.0%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.0M | $851.9M |
| 净利润 | $102.9M | $143.1M |
| 毛利率 | 28.9% | — |
| 营业利润率 | — | 16.9% |
| 净利率 | 18.5% | 16.8% |
| 营收同比 | -0.4% | -4.3% |
| 净利润同比 | -13.9% | 11.8% |
| 每股收益（稀释后） | $3.22 | $4.47 |
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EXPMATX
| Q4 25 | $556.0M | $851.9M | ||
| Q3 25 | $638.9M | $880.1M | ||
| Q2 25 | $634.7M | $830.5M | ||
| Q1 25 | $470.2M | $782.0M | ||
| Q4 24 | $558.0M | $890.3M | ||
| Q3 24 | $623.6M | $962.0M | ||
| Q2 24 | $608.7M | $847.4M | ||
| Q1 24 | $476.7M | $722.1M |
净利润EXPMATX
| Q4 25 | $102.9M | $143.1M | ||
| Q3 25 | $137.4M | $134.7M | ||
| Q2 25 | $123.4M | $94.7M | ||
| Q1 25 | $66.5M | $72.3M | ||
| Q4 24 | $119.6M | $128.0M | ||
| Q3 24 | $143.5M | $199.1M | ||
| Q2 24 | $133.8M | $113.2M | ||
| Q1 24 | $77.1M | $36.1M |
毛利率EXPMATX
| Q4 25 | 28.9% | — | ||
| Q3 25 | 31.3% | — | ||
| Q2 25 | 29.2% | — | ||
| Q1 25 | 22.2% | — | ||
| Q4 24 | 31.9% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 30.7% | — | ||
| Q1 24 | 25.1% | — |
营业利润率EXPMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | — | 18.3% | ||
| Q2 25 | — | 13.6% | ||
| Q1 25 | — | 10.5% | ||
| Q4 24 | 32.8% | 16.6% | ||
| Q3 24 | 34.2% | 25.2% | ||
| Q2 24 | 32.0% | 14.7% | ||
| Q1 24 | 26.9% | 5.1% |
净利率EXPMATX
| Q4 25 | 18.5% | 16.8% | ||
| Q3 25 | 21.5% | 15.3% | ||
| Q2 25 | 19.4% | 11.4% | ||
| Q1 25 | 14.1% | 9.2% | ||
| Q4 24 | 21.4% | 14.4% | ||
| Q3 24 | 23.0% | 20.7% | ||
| Q2 24 | 22.0% | 13.4% | ||
| Q1 24 | 16.2% | 5.0% |
每股收益（稀释后）EXPMATX
| Q4 25 | $3.22 | $4.47 | ||
| Q3 25 | $4.23 | $4.24 | ||
| Q2 25 | $3.76 | $2.92 | ||
| Q1 25 | $2.01 | $2.18 | ||
| Q4 24 | $3.56 | $3.69 | ||
| Q3 24 | $4.26 | $5.89 | ||
| Q2 24 | $3.94 | $3.31 | ||
| Q1 24 | $2.23 | $1.04 |
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 | $419.0M | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $1.5B | $2.8B |
| 总资产 | $3.8B | $4.6B |
| 负债/权益比越低杠杆越低 | — | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资EXPMATX
| Q4 25 | $419.0M | $141.9M | ||
| Q3 25 | $35.0M | $92.7M | ||
| Q2 25 | $59.7M | $59.1M | ||
| Q1 25 | $20.4M | $122.0M | ||
| Q4 24 | $31.2M | $266.8M | ||
| Q3 24 | $93.9M | $270.3M | ||
| Q2 24 | $46.5M | $168.2M | ||
| Q1 24 | $34.9M | $25.9M |
总债务EXPMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | $1.2B | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | $1.1B | $390.8M |
股东权益EXPMATX
| Q4 25 | $1.5B | $2.8B | ||
| Q3 25 | $1.5B | $2.7B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.5B | $2.6B | ||
| Q4 24 | $1.5B | $2.7B | ||
| Q3 24 | $1.4B | $2.6B | ||
| Q2 24 | $1.4B | $2.4B | ||
| Q1 24 | $1.3B | $2.4B |
总资产EXPMATX
| Q4 25 | $3.8B | $4.6B | ||
| Q3 25 | $3.4B | $4.6B | ||
| Q2 25 | $3.4B | $4.5B | ||
| Q1 25 | $3.3B | $4.5B | ||
| Q4 24 | $3.0B | $4.6B | ||
| Q3 24 | $3.1B | $4.4B | ||
| Q2 24 | $3.0B | $4.3B | ||
| Q1 24 | $2.9B | $4.2B |
负债/权益比EXPMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | 0.86× | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | 0.84× | 0.16× |
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 | $170.8M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $60.8M | $42.2M |
| 自由现金流率自由现金流/营收 | 10.9% | 5.0% |
| 资本支出强度资本支出/营收 | 19.8% | 15.8% |
| 现金转化率经营现金流/净利润 | 1.66× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $231.8M | $153.7M |
8季度趋势，按日历期对齐
经营现金流EXPMATX
| Q4 25 | $170.8M | $176.9M | ||
| Q3 25 | $204.6M | $175.6M | ||
| Q2 25 | $136.6M | $105.6M | ||
| Q1 25 | $62.8M | $89.0M | ||
| Q4 24 | $119.9M | $174.7M | ||
| Q3 24 | $233.3M | $248.6M | ||
| Q2 24 | $132.6M | $307.9M | ||
| Q1 24 | $63.4M | $36.6M |
自由现金流EXPMATX
| Q4 25 | $60.8M | $42.2M | ||
| Q3 25 | $96.1M | $92.4M | ||
| Q2 25 | $60.5M | $19.3M | ||
| Q1 25 | $14.5M | $-200.0K | ||
| Q4 24 | $72.5M | $49.3M | ||
| Q3 24 | $166.8M | $189.0M | ||
| Q2 24 | $99.5M | $238.1M | ||
| Q1 24 | $30.9M | $-18.7M |
自由现金流率EXPMATX
| Q4 25 | 10.9% | 5.0% | ||
| Q3 25 | 15.0% | 10.5% | ||
| Q2 25 | 9.5% | 2.3% | ||
| Q1 25 | 3.1% | -0.0% | ||
| Q4 24 | 13.0% | 5.5% | ||
| Q3 24 | 26.7% | 19.6% | ||
| Q2 24 | 16.3% | 28.1% | ||
| Q1 24 | 6.5% | -2.6% |
资本支出强度EXPMATX
| Q4 25 | 19.8% | 15.8% | ||
| Q3 25 | 17.0% | 9.5% | ||
| Q2 25 | 12.0% | 10.4% | ||
| Q1 25 | 10.3% | 11.4% | ||
| Q4 24 | 8.5% | 14.1% | ||
| Q3 24 | 10.7% | 6.2% | ||
| Q2 24 | 5.4% | 8.2% | ||
| Q1 24 | 6.8% | 7.7% |
现金转化率EXPMATX
| Q4 25 | 1.66× | 1.24× | ||
| Q3 25 | 1.49× | 1.30× | ||
| Q2 25 | 1.11× | 1.12× | ||
| Q1 25 | 0.94× | 1.23× | ||
| Q4 24 | 1.00× | 1.36× | ||
| Q3 24 | 1.63× | 1.25× | ||
| Q2 24 | 0.99× | 2.72× | ||
| Q1 24 | 0.82× | 1.01× |
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
EXP
| External Customers | $283.5M | 51% |
| Gypsum Wallboard | $175.9M | 32% |
| Recycled Paperboard | $47.8M | 9% |
| Corporate Joint Venture | $29.4M | 5% |
| Other | $11.8M | 2% |
| Western Pennsylvania Acquisition | $7.6M | 1% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
