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FIRST HORIZON CORP（FHN）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 HORIZON CORP的季度营收约是美泰的1.0倍（$888.0M vs $862.2M），FIRST HORIZON CORP净利率更高（29.4% vs 7.1%，领先22.3%），FIRST HORIZON CORP同比增速更快（21.8% vs 4.3%），FIRST HORIZON CORP自由现金流更多（$389.0M vs $-88.1M），过去两年FIRST HORIZON CORP的营收复合增速更高（20.0% vs -10.6%）
第一地平线公司（前身为第一田纳西银行）是一家成立于1864年的金融服务企业，总部位于美国田纳西州孟菲斯市。该公司通过旗下子公司第一地平线银行开展业务，网点覆盖美国东南部12个州，是该区域第四大区域性银行。
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。
FHN vs MAT — 直观对比
营收规模更大
FHN
是对方的1.0倍
$862.2M
营收增速更快
FHN
高出17.5%
4.3%
净利率更高
FHN
高出22.3%
7.1%
自由现金流更多
FHN
多$477.1M
$-88.1M
两年增速更快
FHN
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $888.0M | $862.2M |
| 净利润 | $261.0M | $61.0M |
| 毛利率 | — | 44.9% |
| 营业利润率 | 38.5% | — |
| 净利率 | 29.4% | 7.1% |
| 营收同比 | 21.8% | 4.3% |
| 净利润同比 | 57.2% | 251.4% |
| 每股收益（稀释后） | $0.51 | $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FHNMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $888.0M | $1.8B | ||
| Q3 25 | $889.0M | $1.7B | ||
| Q2 25 | $830.0M | $1.0B | ||
| Q1 25 | $812.0M | $826.6M | ||
| Q4 24 | $729.0M | $1.6B | ||
| Q3 24 | $827.0M | $1.8B | ||
| Q2 24 | — | $1.1B |
净利润FHNMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $261.0M | $106.2M | ||
| Q3 25 | $262.0M | $278.4M | ||
| Q2 25 | $241.0M | $53.4M | ||
| Q1 25 | $218.0M | $-40.3M | ||
| Q4 24 | $166.0M | $140.9M | ||
| Q3 24 | $218.0M | $372.4M | ||
| Q2 24 | — | $56.9M |
毛利率FHNMAT
| 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FHNMAT
| Q1 26 | — | — | ||
| Q4 25 | 38.5% | 8.0% | ||
| Q3 25 | 38.7% | 21.9% | ||
| Q2 25 | 37.2% | 7.7% | ||
| Q1 25 | 35.1% | -6.4% | ||
| Q4 24 | 28.8% | 9.6% | ||
| Q3 24 | 34.0% | 26.5% | ||
| Q2 24 | — | 7.7% |
净利率FHNMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 29.4% | 6.0% | ||
| Q3 25 | 29.5% | 16.0% | ||
| Q2 25 | 29.0% | 5.2% | ||
| Q1 25 | 26.8% | -4.9% | ||
| Q4 24 | 22.8% | 8.6% | ||
| Q3 24 | 26.4% | 20.2% | ||
| Q2 24 | — | 5.3% |
每股收益（稀释后）FHNMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.51 | $0.32 | ||
| Q3 25 | $0.50 | $0.88 | ||
| Q2 25 | $0.45 | $0.16 | ||
| Q1 25 | $0.41 | $-0.12 | ||
| Q4 24 | $0.29 | $0.40 | ||
| Q3 24 | $0.40 | $1.09 | ||
| Q2 24 | — | $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 | — | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $8.8B | $2.1B |
| 总资产 | $83.9B | $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FHNMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $691.9M | ||
| Q2 25 | — | $870.5M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $723.5M | ||
| Q2 24 | — | $722.4M |
总债务FHNMAT
| 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FHNMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $8.8B | $2.2B | ||
| Q3 25 | $8.9B | $2.3B | ||
| Q2 25 | $9.0B | $2.2B | ||
| Q1 25 | $8.7B | $2.1B | ||
| Q4 24 | $8.8B | $2.3B | ||
| Q3 24 | $9.0B | $2.3B | ||
| Q2 24 | — | $2.0B |
总资产FHNMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $83.9B | $6.6B | ||
| Q3 25 | $83.2B | $6.6B | ||
| Q2 25 | $82.1B | $6.2B | ||
| Q1 25 | $81.5B | $6.2B | ||
| Q4 24 | $82.2B | $6.5B | ||
| Q3 24 | $82.6B | $6.5B | ||
| Q2 24 | — | $5.9B |
负债/权益比FHNMAT
| 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 | $396.0M | — |
| 自由现金流经营现金流 - 资本支出 | $389.0M | $-88.1M |
| 自由现金流率自由现金流/营收 | 43.8% | -10.2% |
| 资本支出强度资本支出/营收 | 0.8% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.52× | — |
| 过去12个月自由现金流最近4个季度 | $595.0M | — |
8季度趋势，按日历期对齐
经营现金流FHNMAT
| Q1 26 | — | — | ||
| Q4 25 | $396.0M | $796.6M | ||
| Q3 25 | $-200.0M | $72.0M | ||
| Q2 25 | $83.0M | $-300.1M | ||
| Q1 25 | $349.0M | $24.8M | ||
| Q4 24 | $191.0M | $862.1M | ||
| Q3 24 | $389.0M | $155.8M | ||
| Q2 24 | — | $-252.9M |
自由现金流FHNMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $389.0M | — | ||
| Q3 25 | $-208.0M | — | ||
| Q2 25 | $74.0M | — | ||
| Q1 25 | $340.0M | — | ||
| Q4 24 | $174.0M | — | ||
| Q3 24 | $383.0M | — | ||
| Q2 24 | — | — |
自由现金流率FHNMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 43.8% | — | ||
| Q3 25 | -23.4% | — | ||
| Q2 25 | 8.9% | — | ||
| Q1 25 | 41.9% | — | ||
| Q4 24 | 23.9% | — | ||
| Q3 24 | 46.3% | — | ||
| Q2 24 | — | — |
资本支出强度FHNMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 0.8% | — | ||
| Q3 25 | 0.9% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | — | — |
现金转化率FHNMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.52× | 7.50× | ||
| Q3 25 | -0.76× | 0.26× | ||
| Q2 25 | 0.34× | -5.62× | ||
| Q1 25 | 1.60× | — | ||
| Q4 24 | 1.15× | 6.12× | ||
| Q3 24 | 1.78× | 0.42× | ||
| Q2 24 | — | -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
FHN
| Commercial Consumer And Wealth Segment | $776.0M | 87% |
| Other | $88.0M | 10% |
| Corporate | $24.0M | 3% |
MAT
暂无分部数据
