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Freedom Holding Corp.（FRHC）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
Freedom Holding Corp.的季度营收约是Mativ Holdings, Inc.的1.4倍（$628.6M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 12.1%，领先9.6%），Mativ Holdings, Inc.同比增速更快（1.0% vs -4.1%），Freedom Holding Corp.自由现金流更多（$651.7M vs $8.0M），过去两年Freedom Holding Corp.的营收复合增速更高（16.3% vs -3.8%）
Freedom Holding Corp.是在美国内华达州注册的投资集团，业务覆盖零售证券经纪交易、资产管理、资本市场服务、投研咨询、投行承销、抵押贷款、保险、银行及其他消费金融服务，核心布局美股、欧洲及以哈萨克斯坦为核心的中亚市场。
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。
FRHC vs MATV — 直观对比
营收规模更大
FRHC
是对方的1.4倍
$463.1M
营收增速更快
MATV
高出5.0%
-4.1%
净利率更高
MATV
高出9.6%
12.1%
自由现金流更多
FRHC
多$643.7M
$8.0M
两年增速更快
FRHC
近两年复合增速
-3.8%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $628.6M | $463.1M |
| 净利润 | $76.2M | $100.8M |
| 毛利率 | 96.0% | 18.8% |
| 营业利润率 | 14.9% | 2.2% |
| 净利率 | 12.1% | 21.8% |
| 营收同比 | -4.1% | 1.0% |
| 净利润同比 | -2.6% | 6620.0% |
| 每股收益（稀释后） | $1.25 | $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FRHCMATV
| Q4 25 | $628.6M | $463.1M | ||
| Q3 25 | $526.1M | $513.7M | ||
| Q2 25 | $533.4M | $525.4M | ||
| Q1 25 | $363.7M | $484.8M | ||
| Q4 24 | $655.2M | $458.6M | ||
| Q3 24 | $580.9M | $498.5M | ||
| Q2 24 | $450.7M | $523.8M | ||
| Q1 24 | $464.7M | $500.2M |
净利润FRHCMATV
| Q4 25 | $76.2M | $100.8M | ||
| Q3 25 | $38.7M | $-3.2M | ||
| Q2 25 | $30.4M | $-9.5M | ||
| Q1 25 | $-142.7M | $-425.5M | ||
| Q4 24 | $78.3M | $1.5M | ||
| Q3 24 | $114.7M | $-20.8M | ||
| Q2 24 | $34.4M | $-1.4M | ||
| Q1 24 | $95.2M | $-28.0M |
毛利率FRHCMATV
| Q4 25 | 96.0% | 18.8% | ||
| Q3 25 | 97.1% | 19.3% | ||
| Q2 25 | 97.4% | 19.7% | ||
| Q1 25 | 96.6% | 15.0% | ||
| Q4 24 | 98.6% | 16.9% | ||
| Q3 24 | 99.1% | 18.8% | ||
| Q2 24 | 99.0% | 20.8% | ||
| Q1 24 | — | 16.8% |
营业利润率FRHCMATV
| Q4 25 | 14.9% | 2.2% | ||
| Q3 25 | 11.5% | 3.1% | ||
| Q2 25 | 7.6% | 3.8% | ||
| Q1 25 | -42.7% | -88.8% | ||
| Q4 24 | 15.0% | 0.6% | ||
| Q3 24 | 22.1% | 1.4% | ||
| Q2 24 | 9.2% | 2.0% | ||
| Q1 24 | 22.5% | -2.8% |
净利率FRHCMATV
| Q4 25 | 12.1% | 21.8% | ||
| Q3 25 | 7.4% | -0.6% | ||
| Q2 25 | 5.7% | -1.8% | ||
| Q1 25 | -39.2% | -87.8% | ||
| Q4 24 | 11.9% | 0.3% | ||
| Q3 24 | 19.7% | -4.2% | ||
| Q2 24 | 7.6% | -0.3% | ||
| Q1 24 | 20.5% | -5.6% |
每股收益（稀释后）FRHCMATV
| Q4 25 | $1.25 | $1.87 | ||
| Q3 25 | $0.63 | $-0.06 | ||
| Q2 25 | $0.50 | $-0.18 | ||
| Q1 25 | $-2.35 | $-7.82 | ||
| Q4 24 | $1.29 | $0.03 | ||
| Q3 24 | $1.89 | $-0.38 | ||
| Q2 24 | $0.57 | $-0.03 | ||
| Q1 24 | $1.60 | $-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 | $869.2M | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $1.4B | $498.7M |
| 总资产 | $12.4B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资FRHCMATV
| Q4 25 | $869.2M | $84.2M | ||
| Q3 25 | $636.0M | $97.1M | ||
| Q2 25 | $567.9M | $95.6M | ||
| Q1 25 | $837.3M | $84.0M | ||
| Q4 24 | $577.9M | $94.3M | ||
| Q3 24 | $569.2M | $162.2M | ||
| Q2 24 | $718.7M | $133.4M | ||
| Q1 24 | $545.1M | $128.9M |
总债务FRHCMATV
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益FRHCMATV
| Q4 25 | $1.4B | $498.7M | ||
| Q3 25 | $1.2B | $397.4M | ||
| Q2 25 | $1.2B | $416.6M | ||
| Q1 25 | $1.2B | $428.2M | ||
| Q4 24 | $1.3B | $858.5M | ||
| Q3 24 | $1.3B | $882.3M | ||
| Q2 24 | $1.1B | $898.0M | ||
| Q1 24 | $1.2B | $906.9M |
总资产FRHCMATV
| Q4 25 | $12.4B | $2.1B | ||
| Q3 25 | $10.3B | $2.0B | ||
| Q2 25 | $9.7B | $2.1B | ||
| Q1 25 | $9.9B | $2.1B | ||
| Q4 24 | $9.1B | $2.4B | ||
| Q3 24 | $8.8B | $2.6B | ||
| Q2 24 | $8.5B | $2.6B | ||
| Q1 24 | $8.3B | $2.7B |
负债/权益比FRHCMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 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 | $717.8M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $651.7M | $8.0M |
| 自由现金流率自由现金流/营收 | 103.7% | 1.7% |
| 资本支出强度资本支出/营收 | 10.5% | 2.4% |
| 现金转化率经营现金流/净利润 | 9.42× | 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FRHCMATV
| Q4 25 | $717.8M | $19.3M | ||
| Q3 25 | $535.3M | $72.8M | ||
| Q2 25 | $480.8M | $57.6M | ||
| Q1 25 | $1.3B | $-15.9M | ||
| Q4 24 | $-72.8M | $24.1M | ||
| Q3 24 | $-438.0M | $37.6M | ||
| Q2 24 | $854.1M | $46.1M | ||
| Q1 24 | $309.0M | $-13.0M |
自由现金流FRHCMATV
| Q4 25 | $651.7M | $8.0M | ||
| Q3 25 | $456.4M | $66.7M | ||
| Q2 25 | $450.0M | $48.9M | ||
| Q1 25 | — | $-29.8M | ||
| Q4 24 | $-92.7M | $2.0M | ||
| Q3 24 | $-447.5M | $25.5M | ||
| Q2 24 | $829.9M | $37.4M | ||
| Q1 24 | — | $-25.1M |
自由现金流率FRHCMATV
| Q4 25 | 103.7% | 1.7% | ||
| Q3 25 | 86.7% | 13.0% | ||
| Q2 25 | 84.4% | 9.3% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | -14.1% | 0.4% | ||
| Q3 24 | -77.0% | 5.1% | ||
| Q2 24 | 184.1% | 7.1% | ||
| Q1 24 | — | -5.0% |
资本支出强度FRHCMATV
| Q4 25 | 10.5% | 2.4% | ||
| Q3 25 | 15.0% | 1.2% | ||
| Q2 25 | 5.8% | 1.7% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | 3.0% | 4.8% | ||
| Q3 24 | 1.6% | 2.4% | ||
| Q2 24 | 5.4% | 1.7% | ||
| Q1 24 | — | 2.4% |
现金转化率FRHCMATV
| Q4 25 | 9.42× | 0.19× | ||
| Q3 25 | 13.82× | — | ||
| Q2 25 | 15.82× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -0.93× | 16.07× | ||
| Q3 24 | -3.82× | — | ||
| Q2 24 | 24.83× | — | ||
| Q1 24 | 3.24× | — |
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
FRHC
暂无分部数据
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
