vs
合众银行（FSBC）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
MP Materials Corp.的季度营收约是合众银行的1.2倍（$52.7M vs $45.1M），合众银行净利率更高（41.3% vs 17.9%，领先23.4%），过去两年合众银行的营收复合增速更高（21.3% vs 4.0%）
合众银行是总部设在美国明尼阿波利斯、在特拉华州注册的美国跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为具有系统重要性的银行。它旗下核心运营实体为美国银行全国协会，以US Bank品牌开展业务，提供银行、投资、抵押等金融服务。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
FSBC vs MP — 直观对比
营收规模更大
MP
是对方的1.2倍
$45.1M
净利率更高
FSBC
高出23.4%
17.9%
两年增速更快
FSBC
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $45.1M | $52.7M |
| 净利润 | $18.6M | $9.4M |
| 毛利率 | — | — |
| 营业利润率 | — | -7.0% |
| 净利率 | 41.3% | 17.9% |
| 营收同比 | — | -13.6% |
| 净利润同比 | 42.0% | 142.2% |
| 每股收益（稀释后） | $0.87 | $0.07 |
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FSBCMP
| Q1 26 | $45.1M | — | ||
| Q4 25 | $43.5M | $52.7M | ||
| Q3 25 | $41.3M | $53.6M | ||
| Q2 25 | $38.3M | $57.4M | ||
| Q1 25 | $35.3M | $60.8M | ||
| Q4 24 | $35.2M | $61.0M | ||
| Q3 24 | $31.8M | $62.9M | ||
| Q2 24 | $30.7M | $31.3M |
净利润FSBCMP
| Q1 26 | $18.6M | — | ||
| Q4 25 | $17.6M | $9.4M | ||
| Q3 25 | $16.3M | $-41.8M | ||
| Q2 25 | $14.5M | $-30.9M | ||
| Q1 25 | $13.1M | $-22.6M | ||
| Q4 24 | $13.3M | $-22.3M | ||
| Q3 24 | $10.9M | $-25.5M | ||
| Q2 24 | $10.8M | $-34.1M |
营业利润率FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | 52.9% | -7.0% | ||
| Q3 25 | 53.8% | -125.2% | ||
| Q2 25 | 52.4% | -76.5% | ||
| Q1 25 | 52.0% | -57.2% | ||
| Q4 24 | 55.1% | -72.1% | ||
| Q3 24 | 48.0% | -62.8% | ||
| Q2 24 | 49.4% | -171.1% |
净利率FSBCMP
| Q1 26 | 41.3% | — | ||
| Q4 25 | 40.6% | 17.9% | ||
| Q3 25 | 39.6% | -78.0% | ||
| Q2 25 | 37.9% | -53.8% | ||
| Q1 25 | 37.1% | -37.2% | ||
| Q4 24 | 37.9% | -36.6% | ||
| Q3 24 | 34.4% | -40.5% | ||
| Q2 24 | 35.2% | -108.9% |
每股收益（稀释后）FSBCMP
| Q1 26 | $0.87 | — | ||
| Q4 25 | $0.83 | $0.07 | ||
| Q3 25 | $0.77 | $-0.24 | ||
| Q2 25 | $0.68 | $-0.19 | ||
| Q1 25 | $0.62 | $-0.14 | ||
| Q4 24 | $0.61 | $-0.12 | ||
| Q3 24 | $0.52 | $-0.16 | ||
| Q2 24 | $0.51 | $-0.21 |
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 | $644.4M | $1.2B |
| 总债务越低越好 | — | $998.7M |
| 股东权益账面价值 | $458.5M | $2.0B |
| 总资产 | $5.0B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资FSBCMP
| Q1 26 | $644.4M | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $261.5M | ||
| Q1 25 | — | $198.3M | ||
| Q4 24 | — | $282.4M | ||
| Q3 24 | — | $284.4M | ||
| Q2 24 | — | $295.6M |
总债务FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | — | $998.7M | ||
| Q3 25 | — | $997.3M | ||
| Q2 25 | — | $910.8M | ||
| Q1 25 | — | $909.8M | ||
| Q4 24 | — | $908.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益FSBCMP
| Q1 26 | $458.5M | — | ||
| Q4 25 | $445.8M | $2.0B | ||
| Q3 25 | $431.3M | $2.0B | ||
| Q2 25 | $416.7M | $1.0B | ||
| Q1 25 | $406.5M | $1.0B | ||
| Q4 24 | $396.6M | $1.1B | ||
| Q3 24 | $389.9M | $1.1B | ||
| Q2 24 | $380.5M | $1.1B |
总资产FSBCMP
| Q1 26 | $5.0B | — | ||
| Q4 25 | $4.8B | $3.9B | ||
| Q3 25 | $4.6B | $3.8B | ||
| Q2 25 | $4.4B | $2.3B | ||
| Q1 25 | $4.2B | $2.4B | ||
| Q4 24 | $4.1B | $2.3B | ||
| Q3 24 | $3.9B | $2.3B | ||
| Q2 24 | $3.6B | $2.4B |
负债/权益比FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.51× | ||
| Q2 25 | — | 0.90× | ||
| Q1 25 | — | 0.88× | ||
| Q4 24 | — | 0.86× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $-46.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -207.4% |
| 资本支出强度资本支出/营收 | — | 118.5% |
| 现金转化率经营现金流/净利润 | — | -4.97× |
| 过去12个月自由现金流最近4个季度 | — | $-328.1M |
8季度趋势，按日历期对齐
经营现金流FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | $72.6M | $-46.9M | ||
| Q3 25 | $18.8M | $-42.0M | ||
| Q2 25 | $17.8M | $-3.7M | ||
| Q1 25 | $15.5M | $-63.2M | ||
| Q4 24 | $51.8M | $30.5M | ||
| Q3 24 | $17.5M | $-6.8M | ||
| Q2 24 | $16.0M | $30.8M |
自由现金流FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | $71.4M | $-109.3M | ||
| Q3 25 | $18.6M | $-92.5M | ||
| Q2 25 | $17.5M | $-32.7M | ||
| Q1 25 | $15.4M | $-93.7M | ||
| Q4 24 | $51.2M | $-11.2M | ||
| Q3 24 | $17.3M | $-53.3M | ||
| Q2 24 | $15.8M | $-15.6M |
自由现金流率FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | 164.3% | -207.4% | ||
| Q3 25 | 45.0% | -172.8% | ||
| Q2 25 | 45.8% | -56.9% | ||
| Q1 25 | 43.5% | -154.0% | ||
| Q4 24 | 145.5% | -18.3% | ||
| Q3 24 | 54.5% | -84.7% | ||
| Q2 24 | 51.6% | -50.1% |
资本支出强度FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | 2.8% | 118.5% | ||
| Q3 25 | 0.5% | 94.3% | ||
| Q2 25 | 0.6% | 50.5% | ||
| Q1 25 | 0.3% | 50.1% | ||
| Q4 24 | 1.8% | 68.3% | ||
| Q3 24 | 0.7% | 73.8% | ||
| Q2 24 | 0.7% | 148.7% |
现金转化率FSBCMP
| Q1 26 | — | — | ||
| Q4 25 | 4.12× | -4.97× | ||
| Q3 25 | 1.15× | — | ||
| Q2 25 | 1.23× | — | ||
| Q1 25 | 1.18× | — | ||
| Q4 24 | 3.89× | — | ||
| Q3 24 | 1.60× | — | ||
| Q2 24 | 1.49× | — |
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
FSBC
| Net Interest Income | $43.5M | 96% |
| Noninterest Income | $1.6M | 4% |
MP
| Materials Segment | $35.6M | 68% |
| Other | $17.1M | 32% |
