vs
First American Financial Corp（FAF）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
First American Financial Corp的季度营收约是美泰的2.4倍（$2.0B vs $862.2M），First American Financial Corp净利率更高（10.3% vs 7.1%，领先3.3%），First American Financial Corp同比增速更快（21.6% vs 4.3%），First American Financial Corp自由现金流更多（$324.5M vs $-88.1M），过去两年First American Financial Corp的营收复合增速更高（19.9% vs -10.6%）
第一美国金融公司是美国知名金融服务企业，主要面向房地产及抵押贷款行业开展业务，核心服务涵盖产权保险、房产交易与抵押业务相关的交割结算服务，在全球地产金融服务领域具备成熟的服务能力与较高的行业认可度。
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。
FAF vs MAT — 直观对比
营收规模更大
FAF
是对方的2.4倍
$862.2M
营收增速更快
FAF
高出17.3%
4.3%
净利率更高
FAF
高出3.3%
7.1%
自由现金流更多
FAF
多$412.6M
$-88.1M
两年增速更快
FAF
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $862.2M |
| 净利润 | $211.9M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 14.0% | — |
| 净利率 | 10.3% | 7.1% |
| 营收同比 | 21.6% | 4.3% |
| 净利润同比 | 192.7% | 251.4% |
| 每股收益（稀释后） | $2.04 | $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FAFMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $2.0B | $1.8B | ||
| Q3 25 | $2.0B | $1.7B | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.6B | $826.6M | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.6B | $1.1B |
净利润FAFMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $211.9M | $106.2M | ||
| Q3 25 | $189.6M | $278.4M | ||
| Q2 25 | $146.1M | $53.4M | ||
| Q1 25 | $74.2M | $-40.3M | ||
| Q4 24 | $72.4M | $140.9M | ||
| Q3 24 | $-104.0M | $372.4M | ||
| Q2 24 | $116.0M | $56.9M |
毛利率FAFMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | — | 45.9% | ||
| Q3 25 | — | 50.0% | ||
| Q2 25 | — | 50.9% | ||
| Q1 25 | — | 49.4% | ||
| Q4 24 | — | 50.7% | ||
| Q3 24 | — | 53.1% | ||
| Q2 24 | — | 49.2% |
营业利润率FAFMAT
| Q1 26 | — | — | ||
| Q4 25 | 14.0% | 8.0% | ||
| Q3 25 | 12.5% | 21.9% | ||
| Q2 25 | 10.6% | 7.7% | ||
| Q1 25 | 6.1% | -6.4% | ||
| Q4 24 | 5.9% | 9.6% | ||
| Q3 24 | -10.3% | 26.5% | ||
| Q2 24 | 9.4% | 7.7% |
净利率FAFMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 10.3% | 6.0% | ||
| Q3 25 | 9.6% | 16.0% | ||
| Q2 25 | 7.9% | 5.2% | ||
| Q1 25 | 4.7% | -4.9% | ||
| Q4 24 | 4.3% | 8.6% | ||
| Q3 24 | -7.4% | 20.2% | ||
| Q2 24 | 7.2% | 5.3% |
每股收益（稀释后）FAFMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $2.04 | $0.32 | ||
| Q3 25 | $1.84 | $0.88 | ||
| Q2 25 | $1.41 | $0.16 | ||
| Q1 25 | $0.71 | $-0.12 | ||
| Q4 24 | $0.70 | $0.40 | ||
| Q3 24 | $-1.00 | $1.09 | ||
| Q2 24 | $1.11 | $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 | $1.4B | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $5.5B | $2.1B |
| 总资产 | $16.2B | $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FAFMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $2.9B | $691.9M | ||
| Q2 25 | $2.0B | $870.5M | ||
| Q1 25 | $2.0B | $1.2B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $3.0B | $723.5M | ||
| Q2 24 | $2.0B | $722.4M |
总债务FAFMAT
| 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FAFMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $5.5B | $2.2B | ||
| Q3 25 | $5.3B | $2.3B | ||
| Q2 25 | $5.1B | $2.2B | ||
| Q1 25 | $5.0B | $2.1B | ||
| Q4 24 | $4.9B | $2.3B | ||
| Q3 24 | $5.1B | $2.3B | ||
| Q2 24 | $4.8B | $2.0B |
总资产FAFMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $16.2B | $6.6B | ||
| Q3 25 | $17.6B | $6.6B | ||
| Q2 25 | $16.3B | $6.2B | ||
| Q1 25 | $15.5B | $6.2B | ||
| Q4 24 | $14.9B | $6.5B | ||
| Q3 24 | $16.6B | $6.5B | ||
| Q2 24 | $15.2B | $5.9B |
负债/权益比FAFMAT
| 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 | $369.3M | — |
| 自由现金流经营现金流 - 资本支出 | $324.5M | $-88.1M |
| 自由现金流率自由现金流/营收 | 15.8% | -10.2% |
| 资本支出强度资本支出/营收 | 2.2% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.74× | — |
| 过去12个月自由现金流最近4个季度 | $762.5M | — |
8季度趋势，按日历期对齐
经营现金流FAFMAT
| Q1 26 | — | — | ||
| Q4 25 | $369.3M | $796.6M | ||
| Q3 25 | $272.5M | $72.0M | ||
| Q2 25 | $361.8M | $-300.1M | ||
| Q1 25 | $-52.8M | $24.8M | ||
| Q4 24 | $324.6M | $862.1M | ||
| Q3 24 | $236.9M | $155.8M | ||
| Q2 24 | $266.7M | $-252.9M |
自由现金流FAFMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $324.5M | — | ||
| Q3 25 | $223.1M | — | ||
| Q2 25 | $309.4M | — | ||
| Q1 25 | $-94.5M | — | ||
| Q4 24 | $266.2M | — | ||
| Q3 24 | $185.4M | — | ||
| Q2 24 | $210.0M | — |
自由现金流率FAFMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 15.8% | — | ||
| Q3 25 | 11.3% | — | ||
| Q2 25 | 16.8% | — | ||
| Q1 25 | -6.0% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 13.2% | — | ||
| Q2 24 | 13.0% | — |
资本支出强度FAFMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 2.2% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 2.8% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.5% | — |
现金转化率FAFMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.74× | 7.50× | ||
| Q3 25 | 1.44× | 0.26× | ||
| Q2 25 | 2.48× | -5.62× | ||
| Q1 25 | -0.71× | — | ||
| Q4 24 | 4.48× | 6.12× | ||
| Q3 24 | — | 0.42× | ||
| Q2 24 | 2.30× | -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
FAF
| Title Insurance And Services | $1.9B | 94% |
| Home Warranty | $110.3M | 5% |
MAT
暂无分部数据
