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Fidelity National Financial, Inc.（FNF）与Mativ Holdings, Inc.（MATV）财务数据对比。点击上方公司名可切换其他公司
Fidelity National Financial, Inc.的季度营收约是Mativ Holdings, Inc.的1.2倍（$544.0M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs -21.5%，领先43.3%），Fidelity National Financial, Inc.同比增速更快（10.3% vs 1.0%），过去两年Fidelity National Financial, Inc.的营收复合增速更高（13.7% vs -3.8%）
富达国民金融是美国财富500强企业，主要面向房地产与抵押贷款行业提供产权保险及交割服务，2019年其产权及房地产业务相关年度营收约为84.69亿美元，是全球领先的产权保险服务供应商。
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
FNF vs MATV — 直观对比
营收规模更大
FNF
是对方的1.2倍
$463.1M
营收增速更快
FNF
高出9.4%
1.0%
净利率更高
MATV
高出43.3%
-21.5%
两年增速更快
FNF
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $544.0M | $463.1M |
| 净利润 | $-117.0M | $100.8M |
| 毛利率 | — | 18.8% |
| 营业利润率 | 82.9% | 2.2% |
| 净利率 | -21.5% | 21.8% |
| 营收同比 | 10.3% | 1.0% |
| 净利润同比 | -126.0% | 6620.0% |
| 每股收益（稀释后） | $-0.44 | $1.87 |
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FNFMATV
| Q4 25 | $544.0M | $463.1M | ||
| Q3 25 | $553.0M | $513.7M | ||
| Q2 25 | $547.0M | $525.4M | ||
| Q1 25 | $455.0M | $484.8M | ||
| Q4 24 | $493.0M | $458.6M | ||
| Q3 24 | $506.0M | $498.5M | ||
| Q2 24 | $504.0M | $523.8M | ||
| Q1 24 | $421.0M | $500.2M |
净利润FNFMATV
| Q4 25 | $-117.0M | $100.8M | ||
| Q3 25 | $358.0M | $-3.2M | ||
| Q2 25 | $278.0M | $-9.5M | ||
| Q1 25 | $83.0M | $-425.5M | ||
| Q4 24 | $450.0M | $1.5M | ||
| Q3 24 | $266.0M | $-20.8M | ||
| Q2 24 | $306.0M | $-1.4M | ||
| Q1 24 | $248.0M | $-28.0M |
毛利率FNFMATV
| Q4 25 | — | 18.8% | ||
| Q3 25 | — | 19.3% | ||
| Q2 25 | — | 19.7% | ||
| Q1 25 | — | 15.0% | ||
| Q4 24 | — | 16.9% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 20.8% | ||
| Q1 24 | — | 16.8% |
营业利润率FNFMATV
| Q4 25 | 82.9% | 2.2% | ||
| Q3 25 | 81.9% | 3.1% | ||
| Q2 25 | 69.8% | 3.8% | ||
| Q1 25 | 24.4% | -88.8% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | 61.9% | 1.4% | ||
| Q2 24 | 90.9% | 2.0% | ||
| Q1 24 | 78.6% | -2.8% |
净利率FNFMATV
| Q4 25 | -21.5% | 21.8% | ||
| Q3 25 | 64.7% | -0.6% | ||
| Q2 25 | 50.8% | -1.8% | ||
| Q1 25 | 18.2% | -87.8% | ||
| Q4 24 | 91.3% | 0.3% | ||
| Q3 24 | 52.6% | -4.2% | ||
| Q2 24 | 60.7% | -0.3% | ||
| Q1 24 | 58.9% | -5.6% |
每股收益（稀释后）FNFMATV
| Q4 25 | $-0.44 | $1.87 | ||
| Q3 25 | $1.33 | $-0.06 | ||
| Q2 25 | $1.02 | $-0.18 | ||
| Q1 25 | $0.30 | $-7.82 | ||
| Q4 24 | $1.65 | $0.03 | ||
| Q3 24 | $0.97 | $-0.38 | ||
| Q2 24 | $1.12 | $-0.03 | ||
| Q1 24 | $0.91 | $-0.52 |
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 | $2.6B | $84.2M |
| 总债务越低越好 | $4.4B | $1.0B |
| 股东权益账面价值 | $7.4B | $498.7M |
| 总资产 | $109.0B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.59× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资FNFMATV
| Q4 25 | $2.6B | $84.2M | ||
| Q3 25 | $3.5B | $97.1M | ||
| Q2 25 | $3.3B | $95.6M | ||
| Q1 25 | $4.5B | $84.0M | ||
| Q4 24 | $3.5B | $94.3M | ||
| Q3 24 | $5.0B | $162.2M | ||
| Q2 24 | $4.9B | $133.4M | ||
| Q1 24 | $3.5B | $128.9M |
总债务FNFMATV
| Q4 25 | $4.4B | $1.0B | ||
| Q3 25 | $4.4B | $1.0B | ||
| Q2 25 | $4.4B | $1.1B | ||
| Q1 25 | $4.4B | $1.1B | ||
| Q4 24 | $4.3B | $1.1B | ||
| Q3 24 | $4.2B | $1.2B | ||
| Q2 24 | $4.2B | $1.2B | ||
| Q1 24 | $3.9B | $1.2B |
股东权益FNFMATV
| Q4 25 | $7.4B | $498.7M | ||
| Q3 25 | $8.4B | $397.4M | ||
| Q2 25 | $7.9B | $416.6M | ||
| Q1 25 | $7.9B | $428.2M | ||
| Q4 24 | $7.8B | $858.5M | ||
| Q3 24 | $8.1B | $882.3M | ||
| Q2 24 | $7.3B | $898.0M | ||
| Q1 24 | $7.1B | $906.9M |
总资产FNFMATV
| Q4 25 | $109.0B | $2.1B | ||
| Q3 25 | $106.6B | $2.0B | ||
| Q2 25 | $102.3B | $2.1B | ||
| Q1 25 | $98.2B | $2.1B | ||
| Q4 24 | $95.4B | $2.4B | ||
| Q3 24 | $94.7B | $2.6B | ||
| Q2 24 | $88.8B | $2.6B | ||
| Q1 24 | $84.5B | $2.7B |
负债/权益比FNFMATV
| Q4 25 | 0.59× | 2.07× | ||
| Q3 25 | 0.53× | 2.63× | ||
| Q2 25 | 0.56× | 2.66× | ||
| Q1 25 | 0.56× | 2.67× | ||
| Q4 24 | 0.56× | 1.30× | ||
| Q3 24 | 0.52× | 1.32× | ||
| Q2 24 | 0.58× | 1.29× | ||
| Q1 24 | 0.55× | 1.30× |
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 | $1.5B | $19.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 1.7% |
| 资本支出强度资本支出/营收 | — | 2.4% |
| 现金转化率经营现金流/净利润 | — | 0.19× |
| 过去12个月自由现金流最近4个季度 | — | $93.8M |
8季度趋势，按日历期对齐
经营现金流FNFMATV
| Q4 25 | $1.5B | $19.3M | ||
| Q3 25 | $1.3B | $72.8M | ||
| Q2 25 | $1.9B | $57.6M | ||
| Q1 25 | $1.1B | $-15.9M | ||
| Q4 24 | $1.5B | $24.1M | ||
| Q3 24 | $2.4B | $37.6M | ||
| Q2 24 | $1.4B | $46.1M | ||
| Q1 24 | $1.6B | $-13.0M |
自由现金流FNFMATV
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $66.7M | ||
| Q2 25 | — | $48.9M | ||
| Q1 25 | — | $-29.8M | ||
| Q4 24 | — | $2.0M | ||
| Q3 24 | — | $25.5M | ||
| Q2 24 | — | $37.4M | ||
| Q1 24 | — | $-25.1M |
自由现金流率FNFMATV
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | — | 7.1% | ||
| Q1 24 | — | -5.0% |
资本支出强度FNFMATV
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 2.4% |
现金转化率FNFMATV
| Q4 25 | — | 0.19× | ||
| Q3 25 | 3.66× | — | ||
| Q2 25 | 6.82× | — | ||
| Q1 25 | 13.43× | — | ||
| Q4 24 | 3.32× | 16.07× | ||
| Q3 24 | 8.89× | — | ||
| Q2 24 | 4.45× | — | ||
| Q1 24 | 6.42× | — |
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
FNF
| Escrow Fees | $241.0M | 44% |
| Other Title Related Fees And Income | $182.0M | 33% |
| Service Link Excluding Title Premiums Escrow Fees And Subservicing Fees | $87.0M | 16% |
| Insurance Contracts Home Warranty | $31.0M | 6% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
