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FIRST HORIZON CORP（FHN）与Martin Marietta Materials（MLM）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是FIRST HORIZON CORP的1.5倍（$1.4B vs $888.0M），Martin Marietta Materials净利率更高（111.1% vs 29.4%，领先81.7%），FIRST HORIZON CORP同比增速更快（21.8% vs 17.0%），过去两年FIRST HORIZON CORP的营收复合增速更高（20.0% vs -12.1%）
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。
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
FHN vs MLM — 直观对比
营收规模更大
MLM
是对方的1.5倍
$888.0M
营收增速更快
FHN
高出4.8%
17.0%
净利率更高
MLM
高出81.7%
29.4%
两年增速更快
FHN
近两年复合增速
-12.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $888.0M | $1.4B |
| 净利润 | $261.0M | $1.5B |
| 毛利率 | — | 22.8% |
| 营业利润率 | 38.5% | 11.9% |
| 净利率 | 29.4% | 111.1% |
| 营收同比 | 21.8% | 17.0% |
| 净利润同比 | 57.2% | — |
| 每股收益（稀释后） | $0.51 | — |
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FHNMLM
| Q1 26 | — | $1.4B | ||
| Q4 25 | $888.0M | $1.1B | ||
| Q3 25 | $889.0M | $1.8B | ||
| Q2 25 | $830.0M | $1.8B | ||
| Q1 25 | $812.0M | $1.4B | ||
| Q4 24 | $729.0M | $1.6B | ||
| Q3 24 | $827.0M | $1.9B | ||
| Q2 24 | — | $1.8B |
净利润FHNMLM
| Q1 26 | — | $1.5B | ||
| Q4 25 | $261.0M | $279.0M | ||
| Q3 25 | $262.0M | $414.0M | ||
| Q2 25 | $241.0M | $328.0M | ||
| Q1 25 | $218.0M | $116.0M | ||
| Q4 24 | $166.0M | $293.0M | ||
| Q3 24 | $218.0M | $363.0M | ||
| Q2 24 | — | $294.0M |
毛利率FHNMLM
| Q1 26 | — | 22.8% | ||
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 33.1% | ||
| Q2 25 | — | 30.0% | ||
| Q1 25 | — | 24.8% | ||
| Q4 24 | — | 30.0% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 29.3% |
营业利润率FHNMLM
| Q1 26 | — | 11.9% | ||
| Q4 25 | 38.5% | 24.6% | ||
| Q3 25 | 38.7% | 27.4% | ||
| Q2 25 | 37.2% | 25.3% | ||
| Q1 25 | 35.1% | 14.3% | ||
| Q4 24 | 28.8% | 24.4% | ||
| Q3 24 | 34.0% | 25.9% | ||
| Q2 24 | — | 22.6% |
净利率FHNMLM
| Q1 26 | — | 111.1% | ||
| Q4 25 | 29.4% | 24.5% | ||
| Q3 25 | 29.5% | 22.4% | ||
| Q2 25 | 29.0% | 18.1% | ||
| Q1 25 | 26.8% | 8.6% | ||
| Q4 24 | 22.8% | 18.0% | ||
| Q3 24 | 26.4% | 19.2% | ||
| Q2 24 | — | 16.7% |
每股收益（稀释后）FHNMLM
| Q1 26 | — | — | ||
| Q4 25 | $0.51 | $4.59 | ||
| Q3 25 | $0.50 | $6.85 | ||
| Q2 25 | $0.45 | $5.43 | ||
| Q1 25 | $0.41 | $1.90 | ||
| Q4 24 | $0.29 | $4.87 | ||
| Q3 24 | $0.40 | $5.91 | ||
| Q2 24 | — | $4.76 |
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 | — | $273.0M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $8.8B | $11.3B |
| 总资产 | $83.9B | $20.5B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资FHNMLM
| Q1 26 | — | $273.0M | ||
| Q4 25 | — | $67.0M | ||
| Q3 25 | — | $57.0M | ||
| Q2 25 | — | $225.0M | ||
| Q1 25 | — | $101.0M | ||
| Q4 24 | — | $670.0M | ||
| Q3 24 | — | $52.0M | ||
| Q2 24 | — | $109.0M |
总债务FHNMLM
| Q1 26 | — | $0 | ||
| Q4 25 | — | $5.3B | ||
| Q3 25 | — | $5.5B | ||
| Q2 25 | — | $5.4B | ||
| Q1 25 | — | $5.4B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $4.0B | ||
| Q2 24 | — | $4.3B |
股东权益FHNMLM
| Q1 26 | — | $11.3B | ||
| Q4 25 | $8.8B | $10.0B | ||
| Q3 25 | $8.9B | $9.7B | ||
| Q2 25 | $9.0B | $9.4B | ||
| Q1 25 | $8.7B | $9.1B | ||
| Q4 24 | $8.8B | $9.5B | ||
| Q3 24 | $9.0B | $9.2B | ||
| Q2 24 | — | $8.8B |
总资产FHNMLM
| Q1 26 | — | $20.5B | ||
| Q4 25 | $83.9B | $18.7B | ||
| Q3 25 | $83.2B | $18.7B | ||
| Q2 25 | $82.1B | $18.1B | ||
| Q1 25 | $81.5B | $17.7B | ||
| Q4 24 | $82.2B | $18.2B | ||
| Q3 24 | $82.6B | $16.5B | ||
| Q2 24 | — | $16.3B |
负债/权益比FHNMLM
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.60× | ||
| Q4 24 | — | 0.57× | ||
| Q3 24 | — | 0.44× | ||
| Q2 24 | — | 0.49× |
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 | $227.0M |
| 自由现金流经营现金流 - 资本支出 | $389.0M | — |
| 自由现金流率自由现金流/营收 | 43.8% | — |
| 资本支出强度资本支出/营收 | 0.8% | 40.4% |
| 现金转化率经营现金流/净利润 | 1.52× | 0.15× |
| 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FHNMLM
| Q1 26 | — | $227.0M | ||
| Q4 25 | $396.0M | $629.0M | ||
| Q3 25 | $-200.0M | $551.0M | ||
| Q2 25 | $83.0M | $387.0M | ||
| Q1 25 | $349.0M | $218.0M | ||
| Q4 24 | $191.0M | $686.0M | ||
| Q3 24 | $389.0M | $600.0M | ||
| Q2 24 | — | $1.0M |
自由现金流FHNMLM
| Q1 26 | — | — | ||
| Q4 25 | $389.0M | $424.0M | ||
| Q3 25 | $-208.0M | $361.0M | ||
| Q2 25 | $74.0M | $208.0M | ||
| Q1 25 | $340.0M | $-15.0M | ||
| Q4 24 | $174.0M | $453.0M | ||
| Q3 24 | $383.0M | $317.0M | ||
| Q2 24 | — | $-138.0M |
自由现金流率FHNMLM
| Q1 26 | — | — | ||
| Q4 25 | 43.8% | 37.2% | ||
| Q3 25 | -23.4% | 19.6% | ||
| Q2 25 | 8.9% | 11.5% | ||
| Q1 25 | 41.9% | -1.1% | ||
| Q4 24 | 23.9% | 27.8% | ||
| Q3 24 | 46.3% | 16.8% | ||
| Q2 24 | — | -7.8% |
资本支出强度FHNMLM
| Q1 26 | — | 40.4% | ||
| Q4 25 | 0.8% | 18.0% | ||
| Q3 25 | 0.9% | 10.3% | ||
| Q2 25 | 1.1% | 9.9% | ||
| Q1 25 | 1.1% | 17.2% | ||
| Q4 24 | 2.3% | 14.3% | ||
| Q3 24 | 0.7% | 15.0% | ||
| Q2 24 | — | 7.9% |
现金转化率FHNMLM
| Q1 26 | — | 0.15× | ||
| Q4 25 | 1.52× | 2.25× | ||
| Q3 25 | -0.76× | 1.33× | ||
| Q2 25 | 0.34× | 1.18× | ||
| Q1 25 | 1.60× | 1.88× | ||
| Q4 24 | 1.15× | 2.34× | ||
| Q3 24 | 1.78× | 1.65× | ||
| Q2 24 | — | 0.00× |
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% |
MLM
暂无分部数据
