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格罗方德（GFS）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
格罗方德的季度营收约是美森的2.0倍（$1.7B vs $851.9M），美森净利率更高（16.8% vs 14.8%，领先2.0%），格罗方德同比增速更快（-2.9% vs -4.3%），过去两年美森的营收复合增速更高（8.6% vs -4.3%）
格罗方德是跨国半导体代工及设计企业，注册地为开曼群岛，总部位于美国纽约州马耳他。公司2009年3月由AMD制造业务分拆成立，2021年10月完成首次公开募股，阿联酋主权财富基金穆巴达拉投资公司目前仍持有其82%的多数股权。
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。
GFS vs MATX — 直观对比
营收规模更大
GFS
是对方的2.0倍
$851.9M
营收增速更快
GFS
高出1.4%
-4.3%
净利率更高
MATX
高出2.0%
14.8%
两年增速更快
MATX
近两年复合增速
-4.3%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.7B | $851.9M |
| 净利润 | $249.0M | $143.1M |
| 毛利率 | 24.8% | — |
| 营业利润率 | 11.6% | 16.9% |
| 净利率 | 14.8% | 16.8% |
| 营收同比 | -2.9% | -4.3% |
| 净利润同比 | 39.9% | 11.8% |
| 每股收益（稀释后） | $0.44 | $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GFSMATX
| Q4 25 | — | $851.9M | ||
| Q3 25 | $1.7B | $880.1M | ||
| Q2 25 | $1.7B | $830.5M | ||
| Q1 25 | $1.6B | $782.0M | ||
| Q4 24 | — | $890.3M | ||
| Q3 24 | $1.7B | $962.0M | ||
| Q2 24 | $1.6B | $847.4M | ||
| Q1 24 | $1.5B | $722.1M |
净利润GFSMATX
| Q4 25 | — | $143.1M | ||
| Q3 25 | $249.0M | $134.7M | ||
| Q2 25 | $228.0M | $94.7M | ||
| Q1 25 | $211.0M | $72.3M | ||
| Q4 24 | — | $128.0M | ||
| Q3 24 | $178.0M | $199.1M | ||
| Q2 24 | $155.0M | $113.2M | ||
| Q1 24 | $134.0M | $36.1M |
毛利率GFSMATX
| Q4 25 | — | — | ||
| Q3 25 | 24.8% | — | ||
| Q2 25 | 24.2% | — | ||
| Q1 25 | 22.4% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 24.2% | — | ||
| Q1 24 | 25.4% | — |
营业利润率GFSMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | 11.6% | 18.3% | ||
| Q2 25 | 11.6% | 13.6% | ||
| Q1 25 | 9.5% | 10.5% | ||
| Q4 24 | — | 16.6% | ||
| Q3 24 | 10.6% | 25.2% | ||
| Q2 24 | 9.5% | 14.7% | ||
| Q1 24 | 9.5% | 5.1% |
净利率GFSMATX
| Q4 25 | — | 16.8% | ||
| Q3 25 | 14.8% | 15.3% | ||
| Q2 25 | 13.5% | 11.4% | ||
| Q1 25 | 13.3% | 9.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | 10.2% | 20.7% | ||
| Q2 24 | 9.5% | 13.4% | ||
| Q1 24 | 8.7% | 5.0% |
每股收益（稀释后）GFSMATX
| Q4 25 | — | $4.47 | ||
| Q3 25 | $0.44 | $4.24 | ||
| Q2 25 | $0.41 | $2.92 | ||
| Q1 25 | $0.38 | $2.18 | ||
| Q4 24 | — | $3.69 | ||
| Q3 24 | $0.32 | $5.89 | ||
| Q2 24 | $0.28 | $3.31 | ||
| Q1 24 | $0.24 | $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 | $2.0B | $141.9M |
| 总债务越低越好 | — | $361.2M |
| 股东权益账面价值 | $11.8B | $2.8B |
| 总资产 | $16.7B | $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GFSMATX
| Q4 25 | — | $141.9M | ||
| Q3 25 | $2.0B | $92.7M | ||
| Q2 25 | $1.8B | $59.1M | ||
| Q1 25 | $1.6B | $122.0M | ||
| Q4 24 | — | $266.8M | ||
| Q3 24 | $2.3B | $270.3M | ||
| Q2 24 | $2.2B | $168.2M | ||
| Q1 24 | $2.2B | $25.9M |
总债务GFSMATX
| 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GFSMATX
| Q4 25 | — | $2.8B | ||
| Q3 25 | $11.8B | $2.7B | ||
| Q2 25 | $11.5B | $2.6B | ||
| Q1 25 | $11.1B | $2.6B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | $11.6B | $2.6B | ||
| Q2 24 | $11.3B | $2.4B | ||
| Q1 24 | $11.3B | $2.4B |
总资产GFSMATX
| Q4 25 | — | $4.6B | ||
| Q3 25 | $16.7B | $4.6B | ||
| Q2 25 | $16.8B | $4.5B | ||
| Q1 25 | $16.5B | $4.5B | ||
| Q4 24 | — | $4.6B | ||
| Q3 24 | $18.1B | $4.4B | ||
| Q2 24 | — | $4.3B | ||
| Q1 24 | — | $4.2B |
负债/权益比GFSMATX
| 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 | $595.0M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | — | $42.2M |
| 自由现金流率自由现金流/营收 | — | 5.0% |
| 资本支出强度资本支出/营收 | — | 15.8% |
| 现金转化率经营现金流/净利润 | 2.39× | 1.24× |
| 过去12个月自由现金流最近4个季度 | — | $153.7M |
8季度趋势，按日历期对齐
经营现金流GFSMATX
| Q4 25 | — | $176.9M | ||
| Q3 25 | $595.0M | $175.6M | ||
| Q2 25 | $431.0M | $105.6M | ||
| Q1 25 | $331.0M | $89.0M | ||
| Q4 24 | — | $174.7M | ||
| Q3 24 | $375.0M | $248.6M | ||
| Q2 24 | $402.0M | $307.9M | ||
| Q1 24 | $488.0M | $36.6M |
自由现金流GFSMATX
| Q4 25 | — | $42.2M | ||
| Q3 25 | — | $92.4M | ||
| Q2 25 | — | $19.3M | ||
| Q1 25 | — | $-200.0K | ||
| Q4 24 | — | $49.3M | ||
| Q3 24 | — | $189.0M | ||
| Q2 24 | — | $238.1M | ||
| Q1 24 | — | $-18.7M |
自由现金流率GFSMATX
| Q4 25 | — | 5.0% | ||
| Q3 25 | — | 10.5% | ||
| Q2 25 | — | 2.3% | ||
| Q1 25 | — | -0.0% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 19.6% | ||
| Q2 24 | — | 28.1% | ||
| Q1 24 | — | -2.6% |
资本支出强度GFSMATX
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 10.4% | ||
| Q1 25 | — | 11.4% | ||
| Q4 24 | — | 14.1% | ||
| Q3 24 | — | 6.2% | ||
| Q2 24 | — | 8.2% | ||
| Q1 24 | — | 7.7% |
现金转化率GFSMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | 2.39× | 1.30× | ||
| Q2 25 | 1.89× | 1.12× | ||
| Q1 25 | 1.57× | 1.23× | ||
| Q4 24 | — | 1.36× | ||
| Q3 24 | 2.11× | 1.25× | ||
| Q2 24 | 2.59× | 2.72× | ||
| Q1 24 | 3.64× | 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
GFS
| Smart Mobile Devices | $752.0M | 45% |
| Automotive | $306.0M | 18% |
| Home And Industrial Io T | $258.0M | 15% |
| Goods Or Services Transferred Over Time | $198.0M | 12% |
| Communications Infrastructure Datacenter | $175.0M | 10% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
