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FIVE BELOW, INC（FIVE）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
FIVE BELOW, INC的季度营收约是美森的1.2倍（$1.0B vs $851.9M），美森净利率更高（16.8% vs 3.5%，领先13.3%），FIVE BELOW, INC同比增速更快（23.1% vs -4.3%），美森自由现金流更多（$42.2M vs $-133.2M），过去两年美森的营收复合增速更高（8.6% vs -11.9%）
Five Below是美国特色折扣礼品连锁品牌，2002年成立，总部位于宾夕法尼亚州费城，主要面向青少年消费群体，旗下绝大多数商品定价不超过5美元，另有少量精选商品最高定价40美元，目前在全美拥有超过1850家线下门店。
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。
FIVE vs MATX — 直观对比
营收规模更大
FIVE
是对方的1.2倍
$851.9M
营收增速更快
FIVE
高出27.4%
-4.3%
净利率更高
MATX
高出13.3%
3.5%
自由现金流更多
MATX
多$175.4M
$-133.2M
两年增速更快
MATX
近两年复合增速
-11.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $851.9M |
| 净利润 | $36.5M | $143.1M |
| 毛利率 | 33.8% | — |
| 营业利润率 | 4.2% | 16.9% |
| 净利率 | 3.5% | 16.8% |
| 营收同比 | 23.1% | -4.3% |
| 净利润同比 | 2063.9% | 11.8% |
| 每股收益（稀释后） | $0.66 | $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FIVEMATX
| Q4 25 | $1.0B | $851.9M | ||
| Q3 25 | $1.0B | $880.1M | ||
| Q2 25 | $970.5M | $830.5M | ||
| Q1 25 | $1.4B | $782.0M | ||
| Q4 24 | $843.7M | $890.3M | ||
| Q3 24 | $830.1M | $962.0M | ||
| Q2 24 | $811.9M | $847.4M | ||
| Q1 24 | $1.3B | $722.1M |
净利润FIVEMATX
| Q4 25 | $36.5M | $143.1M | ||
| Q3 25 | $42.8M | $134.7M | ||
| Q2 25 | $41.1M | $94.7M | ||
| Q1 25 | $187.5M | $72.3M | ||
| Q4 24 | $1.7M | $128.0M | ||
| Q3 24 | $33.0M | $199.1M | ||
| Q2 24 | $31.5M | $113.2M | ||
| Q1 24 | $202.2M | $36.1M |
毛利率FIVEMATX
| Q4 25 | 33.8% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 33.4% | — | ||
| Q1 25 | 40.2% | — | ||
| Q4 24 | 30.6% | — | ||
| Q3 24 | 32.7% | — | ||
| Q2 24 | 32.5% | — | ||
| Q1 24 | 41.2% | — |
营业利润率FIVEMATX
| Q4 25 | 4.2% | 16.9% | ||
| Q3 25 | 5.1% | 18.3% | ||
| Q2 25 | 5.2% | 13.6% | ||
| Q1 25 | 17.7% | 10.5% | ||
| Q4 24 | -0.1% | 16.6% | ||
| Q3 24 | 5.0% | 25.2% | ||
| Q2 24 | 4.5% | 14.7% | ||
| Q1 24 | 20.1% | 5.1% |
净利率FIVEMATX
| Q4 25 | 3.5% | 16.8% | ||
| Q3 25 | 4.2% | 15.3% | ||
| Q2 25 | 4.2% | 11.4% | ||
| Q1 25 | 13.5% | 9.2% | ||
| Q4 24 | 0.2% | 14.4% | ||
| Q3 24 | 4.0% | 20.7% | ||
| Q2 24 | 3.9% | 13.4% | ||
| Q1 24 | 15.1% | 5.0% |
每股收益（稀释后）FIVEMATX
| Q4 25 | $0.66 | $4.47 | ||
| Q3 25 | $0.77 | $4.24 | ||
| Q2 25 | $0.75 | $2.92 | ||
| Q1 25 | $3.40 | $2.18 | ||
| Q4 24 | $0.03 | $3.69 | ||
| Q3 24 | $0.60 | $5.89 | ||
| Q2 24 | $0.57 | $3.31 | ||
| Q1 24 | $3.64 | $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 | $524.5M | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $2.0B | $2.8B |
| 总资产 | $4.8B | $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FIVEMATX
| Q4 25 | $524.5M | $141.9M | ||
| Q3 25 | $670.2M | $92.7M | ||
| Q2 25 | $624.0M | $59.1M | ||
| Q1 25 | $528.8M | $122.0M | ||
| Q4 24 | $216.6M | $266.8M | ||
| Q3 24 | $327.7M | $270.3M | ||
| Q2 24 | $369.6M | $168.2M | ||
| Q1 24 | $460.1M | $25.9M |
总债务FIVEMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | — | $370.9M | ||
| Q2 25 | — | $341.3M | ||
| Q1 25 | — | $351.1M | ||
| Q4 24 | — | $361.2M | ||
| Q3 24 | — | $370.9M | ||
| Q2 24 | — | $381.0M | ||
| Q1 24 | — | $390.8M |
股东权益FIVEMATX
| Q4 25 | $2.0B | $2.8B | ||
| Q3 25 | $1.9B | $2.7B | ||
| Q2 25 | $1.9B | $2.6B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.6B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $1.6B | $2.4B |
总资产FIVEMATX
| Q4 25 | $4.8B | $4.6B | ||
| Q3 25 | $4.6B | $4.6B | ||
| Q2 25 | $4.5B | $4.5B | ||
| Q1 25 | $4.3B | $4.5B | ||
| Q4 24 | $4.2B | $4.6B | ||
| Q3 24 | $4.0B | $4.4B | ||
| Q2 24 | $3.9B | $4.3B | ||
| Q1 24 | $3.9B | $4.2B |
负债/权益比FIVEMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | — | 0.14× | ||
| Q2 25 | — | 0.13× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | — | 0.14× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.16× | ||
| Q1 24 | — | 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 | $-80.1M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $-133.2M | $42.2M |
| 自由现金流率自由现金流/营收 | -12.8% | 5.0% |
| 资本支出强度资本支出/营收 | 5.1% | 15.8% |
| 现金转化率经营现金流/净利润 | -2.19× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $323.0M | $153.7M |
8季度趋势，按日历期对齐
经营现金流FIVEMATX
| Q4 25 | $-80.1M | $176.9M | ||
| Q3 25 | $93.0M | $175.6M | ||
| Q2 25 | $132.7M | $105.6M | ||
| Q1 25 | $363.5M | $89.0M | ||
| Q4 24 | $-30.6M | $174.7M | ||
| Q3 24 | $71.3M | $248.6M | ||
| Q2 24 | $26.4M | $307.9M | ||
| Q1 24 | $407.7M | $36.6M |
自由现金流FIVEMATX
| Q4 25 | $-133.2M | $42.2M | ||
| Q3 25 | $48.3M | $92.4M | ||
| Q2 25 | $96.5M | $19.3M | ||
| Q1 25 | $311.4M | $-200.0K | ||
| Q4 24 | $-111.0M | $49.3M | ||
| Q3 24 | $-32.4M | $189.0M | ||
| Q2 24 | $-61.4M | $238.1M | ||
| Q1 24 | $304.6M | $-18.7M |
自由现金流率FIVEMATX
| Q4 25 | -12.8% | 5.0% | ||
| Q3 25 | 4.7% | 10.5% | ||
| Q2 25 | 9.9% | 2.3% | ||
| Q1 25 | 22.4% | -0.0% | ||
| Q4 24 | -13.2% | 5.5% | ||
| Q3 24 | -3.9% | 19.6% | ||
| Q2 24 | -7.6% | 28.1% | ||
| Q1 24 | 22.8% | -2.6% |
资本支出强度FIVEMATX
| Q4 25 | 5.1% | 15.8% | ||
| Q3 25 | 4.4% | 9.5% | ||
| Q2 25 | 3.7% | 10.4% | ||
| Q1 25 | 3.7% | 11.4% | ||
| Q4 24 | 9.5% | 14.1% | ||
| Q3 24 | 12.5% | 6.2% | ||
| Q2 24 | 10.8% | 8.2% | ||
| Q1 24 | 7.7% | 7.7% |
现金转化率FIVEMATX
| Q4 25 | -2.19× | 1.24× | ||
| Q3 25 | 2.17× | 1.30× | ||
| Q2 25 | 3.22× | 1.12× | ||
| Q1 25 | 1.94× | 1.23× | ||
| Q4 24 | -18.13× | 1.36× | ||
| Q3 24 | 2.16× | 1.25× | ||
| Q2 24 | 0.84× | 2.72× | ||
| Q1 24 | 2.02× | 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
FIVE
暂无分部数据
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
