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Fortune Brands Innovations, Inc.（FBIN）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是Fortune Brands Innovations, Inc.的1.6倍（$1.8B vs $1.1B），Fortune Brands Innovations, Inc.净利率更高（7.1% vs 6.0%，领先1.1%），美泰同比增速更快（7.3% vs -2.4%），过去两年美泰的营收复合增速更高（47.7% vs -1.5%）
Fortune Brands Innovations是美国家居及安防产品生产商，总部位于伊利诺伊州迪尔菲尔德，位列财富500强及标普400指数。旗下拥有摩恩、House of Rohl、玛斯特锁等知名品牌，业务覆盖厨卫、户外用品、安防、橱柜制造等领域，2021年底全球员工约2.8万人。
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。
FBIN vs MAT — 直观对比
营收规模更大
MAT
是对方的1.6倍
$1.1B
营收增速更快
MAT
高出9.7%
-2.4%
净利率更高
FBIN
高出1.1%
6.0%
两年增速更快
MAT
近两年复合增速
-1.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.8B |
| 净利润 | $76.3M | $106.2M |
| 毛利率 | 43.8% | 45.9% |
| 营业利润率 | 11.3% | 8.0% |
| 净利率 | 7.1% | 6.0% |
| 营收同比 | -2.4% | 7.3% |
| 净利润同比 | -27.3% | -24.6% |
| 每股收益（稀释后） | $0.63 | $0.32 |
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FBINMAT
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.1B | $1.7B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.0B | $826.6M | ||
| Q4 24 | $1.1B | $1.6B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.1B | $809.5M |
净利润FBINMAT
| Q4 25 | $76.3M | $106.2M | ||
| Q3 25 | $70.8M | $278.4M | ||
| Q2 25 | $100.3M | $53.4M | ||
| Q1 25 | $51.4M | $-40.3M | ||
| Q4 24 | $105.0M | $140.9M | ||
| Q3 24 | $136.6M | $372.4M | ||
| Q2 24 | $133.9M | $56.9M | ||
| Q1 24 | $96.4M | $-28.3M |
毛利率FBINMAT
| Q4 25 | 43.8% | 45.9% | ||
| Q3 25 | 45.2% | 50.0% | ||
| Q2 25 | 45.1% | 50.9% | ||
| Q1 25 | 44.0% | 49.4% | ||
| Q4 24 | 46.0% | 50.7% | ||
| Q3 24 | 45.9% | 53.1% | ||
| Q2 24 | 43.6% | 49.2% | ||
| Q1 24 | 43.9% | 48.0% |
营业利润率FBINMAT
| Q4 25 | 11.3% | 8.0% | ||
| Q3 25 | 11.0% | 21.9% | ||
| Q2 25 | 14.3% | 7.7% | ||
| Q1 25 | 9.4% | -6.4% | ||
| Q4 24 | 16.1% | 9.6% | ||
| Q3 24 | 17.8% | 26.5% | ||
| Q2 24 | 16.1% | 7.7% | ||
| Q1 24 | 14.0% | -4.4% |
净利率FBINMAT
| Q4 25 | 7.1% | 6.0% | ||
| Q3 25 | 6.2% | 16.0% | ||
| Q2 25 | 8.3% | 5.2% | ||
| Q1 25 | 5.0% | -4.9% | ||
| Q4 24 | 9.5% | 8.6% | ||
| Q3 24 | 11.8% | 20.2% | ||
| Q2 24 | 10.8% | 5.3% | ||
| Q1 24 | 8.7% | -3.5% |
每股收益（稀释后）FBINMAT
| Q4 25 | $0.63 | $0.32 | ||
| Q3 25 | $0.59 | $0.88 | ||
| Q2 25 | $0.83 | $0.16 | ||
| Q1 25 | $0.42 | $-0.12 | ||
| Q4 24 | $0.84 | $0.40 | ||
| Q3 24 | $1.09 | $1.09 | ||
| Q2 24 | $1.06 | $0.17 | ||
| Q1 24 | $0.76 | $-0.08 |
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 | $264.0M | $1.2B |
| 总债务越低越好 | $2.5B | $2.3B |
| 股东权益账面价值 | $2.4B | $2.2B |
| 总资产 | $6.5B | $6.6B |
| 负债/权益比越低杠杆越低 | 1.07× | 1.04× |
8季度趋势，按日历期对齐
现金及短期投资FBINMAT
| Q4 25 | $264.0M | $1.2B | ||
| Q3 25 | $223.9M | $691.9M | ||
| Q2 25 | $234.7M | $870.5M | ||
| Q1 25 | $340.0M | $1.2B | ||
| Q4 24 | $381.1M | $1.4B | ||
| Q3 24 | $344.8M | $723.5M | ||
| Q2 24 | $352.6M | $722.4M | ||
| Q1 24 | $359.7M | $1.1B |
总债务FBINMAT
| Q4 25 | $2.5B | $2.3B | ||
| Q3 25 | $2.2B | $2.3B | ||
| Q2 25 | $2.2B | $2.3B | ||
| Q1 25 | $2.7B | $2.3B | ||
| Q4 24 | $2.7B | $2.3B | ||
| Q3 24 | $2.7B | $2.3B | ||
| Q2 24 | $2.7B | $2.3B | ||
| Q1 24 | $2.7B | $2.3B |
股东权益FBINMAT
| Q4 25 | $2.4B | $2.2B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.4B | $2.3B | ||
| Q2 24 | $2.3B | $2.0B | ||
| Q1 24 | $2.3B | $2.0B |
总资产FBINMAT
| Q4 25 | $6.5B | $6.6B | ||
| Q3 25 | $6.5B | $6.6B | ||
| Q2 25 | $6.6B | $6.2B | ||
| Q1 25 | $6.6B | $6.2B | ||
| Q4 24 | $6.6B | $6.5B | ||
| Q3 24 | $6.6B | $6.5B | ||
| Q2 24 | $6.7B | $5.9B | ||
| Q1 24 | $6.8B | $6.1B |
负债/权益比FBINMAT
| Q4 25 | 1.07× | 1.04× | ||
| Q3 25 | 0.91× | 1.03× | ||
| Q2 25 | 0.93× | 1.08× | ||
| Q1 25 | 1.16× | 1.10× | ||
| Q4 24 | 1.10× | 1.03× | ||
| Q3 24 | 1.12× | 1.01× | ||
| Q2 24 | 1.15× | 1.18× | ||
| Q1 24 | 1.17× | 1.15× |
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 | $208.2M | $796.6M |
| 自由现金流经营现金流 - 资本支出 | $183.7M | — |
| 自由现金流率自由现金流/营收 | 17.0% | — |
| 资本支出强度资本支出/营收 | 2.3% | — |
| 现金转化率经营现金流/净利润 | 2.73× | 7.50× |
| 过去12个月自由现金流最近4个季度 | $366.8M | — |
8季度趋势，按日历期对齐
经营现金流FBINMAT
| Q4 25 | $208.2M | $796.6M | ||
| Q3 25 | $204.4M | $72.0M | ||
| Q2 25 | $149.4M | $-300.1M | ||
| Q1 25 | $-83.4M | $24.8M | ||
| Q4 24 | $272.3M | $862.1M | ||
| Q3 24 | $205.3M | $155.8M | ||
| Q2 24 | $261.5M | $-252.9M | ||
| Q1 24 | $-71.3M | $35.5M |
自由现金流FBINMAT
| Q4 25 | $183.7M | — | ||
| Q3 25 | $177.0M | — | ||
| Q2 25 | $118.7M | — | ||
| Q1 25 | $-112.6M | — | ||
| Q4 24 | $212.1M | — | ||
| Q3 24 | $175.6M | — | ||
| Q2 24 | $222.7M | — | ||
| Q1 24 | $-135.9M | — |
自由现金流率FBINMAT
| Q4 25 | 17.0% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | -10.9% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 18.0% | — | ||
| Q1 24 | -12.2% | — |
资本支出强度FBINMAT
| Q4 25 | 2.3% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 3.1% | — | ||
| Q1 24 | 5.8% | — |
现金转化率FBINMAT
| Q4 25 | 2.73× | 7.50× | ||
| Q3 25 | 2.89× | 0.26× | ||
| Q2 25 | 1.49× | -5.62× | ||
| Q1 25 | -1.62× | — | ||
| Q4 24 | 2.59× | 6.12× | ||
| Q3 24 | 1.50× | 0.42× | ||
| Q2 24 | 1.95× | -4.45× | ||
| Q1 24 | -0.74× | — |
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
FBIN
| Wholesale Retail Trade | $526.7M | 49% |
| Home Center Retailer | $257.1M | 24% |
| Security Segment | $165.8M | 15% |
| Other Retailer | $118.2M | 11% |
MAT
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
