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盖茨工业（GTES）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
盖茨工业的季度营收约是美森的1.0倍（$856.2M vs $851.9M），美森净利率更高（16.8% vs 6.0%，领先10.8%），盖茨工业同比增速更快（3.2% vs -4.3%），盖茨工业自由现金流更多（$251.0M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs -0.4%）
盖茨工业总部位于美国科罗拉多州丹佛市，是动力传动带及流体动力产品的专业制造商，产品广泛应用于各类工业和汽车领域。公司员工规模超1.5万人，在美洲、欧洲、亚洲、澳洲及中东均设有销售和生产基地。
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。
GTES vs MATX — 直观对比
营收规模更大
GTES
是对方的1.0倍
$851.9M
营收增速更快
GTES
高出7.5%
-4.3%
净利率更高
MATX
高出10.8%
6.0%
自由现金流更多
GTES
多$208.8M
$42.2M
两年增速更快
MATX
近两年复合增速
-0.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $856.2M | $851.9M |
| 净利润 | $51.3M | $143.1M |
| 毛利率 | 38.0% | — |
| 营业利润率 | 12.8% | 16.9% |
| 净利率 | 6.0% | 16.8% |
| 营收同比 | 3.2% | -4.3% |
| 净利润同比 | 40.2% | 11.8% |
| 每股收益（稀释后） | $0.19 | $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GTESMATX
| Q4 25 | $856.2M | $851.9M | ||
| Q3 25 | $855.7M | $880.1M | ||
| Q2 25 | $883.7M | $830.5M | ||
| Q1 25 | $847.6M | $782.0M | ||
| Q4 24 | $829.4M | $890.3M | ||
| Q3 24 | $830.7M | $962.0M | ||
| Q2 24 | $885.5M | $847.4M | ||
| Q1 24 | $862.6M | $722.1M |
净利润GTESMATX
| Q4 25 | $51.3M | $143.1M | ||
| Q3 25 | $81.6M | $134.7M | ||
| Q2 25 | $56.5M | $94.7M | ||
| Q1 25 | $62.0M | $72.3M | ||
| Q4 24 | $36.6M | $128.0M | ||
| Q3 24 | $47.6M | $199.1M | ||
| Q2 24 | $70.7M | $113.2M | ||
| Q1 24 | $40.0M | $36.1M |
毛利率GTESMATX
| Q4 25 | 38.0% | — | ||
| Q3 25 | 39.9% | — | ||
| Q2 25 | 40.8% | — | ||
| Q1 25 | 40.7% | — | ||
| Q4 24 | 40.4% | — | ||
| Q3 24 | 40.4% | — | ||
| Q2 24 | 40.4% | — | ||
| Q1 24 | 38.3% | — |
营业利润率GTESMATX
| Q4 25 | 12.8% | 16.9% | ||
| Q3 25 | 13.5% | 18.3% | ||
| Q2 25 | 13.1% | 13.6% | ||
| Q1 25 | 14.7% | 10.5% | ||
| Q4 24 | 13.6% | 16.6% | ||
| Q3 24 | 13.6% | 25.2% | ||
| Q2 24 | 15.4% | 14.7% | ||
| Q1 24 | 13.5% | 5.1% |
净利率GTESMATX
| Q4 25 | 6.0% | 16.8% | ||
| Q3 25 | 9.5% | 15.3% | ||
| Q2 25 | 6.4% | 11.4% | ||
| Q1 25 | 7.3% | 9.2% | ||
| Q4 24 | 4.4% | 14.4% | ||
| Q3 24 | 5.7% | 20.7% | ||
| Q2 24 | 8.0% | 13.4% | ||
| Q1 24 | 4.6% | 5.0% |
每股收益（稀释后）GTESMATX
| Q4 25 | $0.19 | $4.47 | ||
| Q3 25 | $0.31 | $4.24 | ||
| Q2 25 | $0.22 | $2.92 | ||
| Q1 25 | $0.24 | $2.18 | ||
| Q4 24 | $0.15 | $3.69 | ||
| Q3 24 | $0.18 | $5.89 | ||
| Q2 24 | $0.26 | $3.31 | ||
| Q1 24 | $0.15 | $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 | $812.1M | $141.9M |
| 总债务越低越好 | $2.2B | $361.2M |
| 股东权益账面价值 | $3.3B | $2.8B |
| 总资产 | $7.2B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.67× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资GTESMATX
| Q4 25 | $812.1M | $141.9M | ||
| Q3 25 | $689.4M | $92.7M | ||
| Q2 25 | $719.7M | $59.1M | ||
| Q1 25 | $640.2M | $122.0M | ||
| Q4 24 | $682.0M | $266.8M | ||
| Q3 24 | $574.4M | $270.3M | ||
| Q2 24 | $579.7M | $168.2M | ||
| Q1 24 | $522.2M | $25.9M |
总债务GTESMATX
| Q4 25 | $2.2B | $361.2M | ||
| Q3 25 | $2.2B | $370.9M | ||
| Q2 25 | $2.3B | $341.3M | ||
| Q1 25 | $2.3B | $351.1M | ||
| Q4 24 | $2.4B | $361.2M | ||
| Q3 24 | $2.4B | $370.9M | ||
| Q2 24 | $2.3B | $381.0M | ||
| Q1 24 | $2.3B | $390.8M |
股东权益GTESMATX
| Q4 25 | $3.3B | $2.8B | ||
| Q3 25 | $3.4B | $2.7B | ||
| Q2 25 | $3.3B | $2.6B | ||
| Q1 25 | $3.1B | $2.6B | ||
| Q4 24 | $3.0B | $2.7B | ||
| Q3 24 | $3.1B | $2.6B | ||
| Q2 24 | $3.2B | $2.4B | ||
| Q1 24 | $3.2B | $2.4B |
总资产GTESMATX
| Q4 25 | $7.2B | $4.6B | ||
| Q3 25 | $7.1B | $4.6B | ||
| Q2 25 | $7.2B | $4.5B | ||
| Q1 25 | $6.9B | $4.5B | ||
| Q4 24 | $6.8B | $4.6B | ||
| Q3 24 | $7.1B | $4.4B | ||
| Q2 24 | $7.0B | $4.3B | ||
| Q1 24 | $7.0B | $4.2B |
负债/权益比GTESMATX
| Q4 25 | 0.67× | 0.13× | ||
| Q3 25 | 0.66× | 0.14× | ||
| Q2 25 | 0.72× | 0.13× | ||
| Q1 25 | 0.75× | 0.13× | ||
| Q4 24 | 0.78× | 0.14× | ||
| Q3 24 | 0.76× | 0.15× | ||
| Q2 24 | 0.73× | 0.16× | ||
| Q1 24 | 0.74× | 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 | $269.8M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $251.0M | $42.2M |
| 自由现金流率自由现金流/营收 | 29.3% | 5.0% |
| 资本支出强度资本支出/营收 | 2.2% | 15.8% |
| 现金转化率经营现金流/净利润 | 5.26× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $404.9M | $153.7M |
8季度趋势，按日历期对齐
经营现金流GTESMATX
| Q4 25 | $269.8M | $176.9M | ||
| Q3 25 | $98.0M | $175.6M | ||
| Q2 25 | $103.0M | $105.6M | ||
| Q1 25 | $7.3M | $89.0M | ||
| Q4 24 | $190.9M | $174.7M | ||
| Q3 24 | $115.9M | $248.6M | ||
| Q2 24 | $93.8M | $307.9M | ||
| Q1 24 | $-21.0M | $36.6M |
自由现金流GTESMATX
| Q4 25 | $251.0M | $42.2M | ||
| Q3 25 | $80.5M | $92.4M | ||
| Q2 25 | $83.6M | $19.3M | ||
| Q1 25 | $-10.2M | $-200.0K | ||
| Q4 24 | $167.6M | $49.3M | ||
| Q3 24 | $94.0M | $189.0M | ||
| Q2 24 | $71.9M | $238.1M | ||
| Q1 24 | $-37.0M | $-18.7M |
自由现金流率GTESMATX
| Q4 25 | 29.3% | 5.0% | ||
| Q3 25 | 9.4% | 10.5% | ||
| Q2 25 | 9.5% | 2.3% | ||
| Q1 25 | -1.2% | -0.0% | ||
| Q4 24 | 20.2% | 5.5% | ||
| Q3 24 | 11.3% | 19.6% | ||
| Q2 24 | 8.1% | 28.1% | ||
| Q1 24 | -4.3% | -2.6% |
资本支出强度GTESMATX
| Q4 25 | 2.2% | 15.8% | ||
| Q3 25 | 2.0% | 9.5% | ||
| Q2 25 | 2.2% | 10.4% | ||
| Q1 25 | 2.1% | 11.4% | ||
| Q4 24 | 2.8% | 14.1% | ||
| Q3 24 | 2.6% | 6.2% | ||
| Q2 24 | 2.5% | 8.2% | ||
| Q1 24 | 1.9% | 7.7% |
现金转化率GTESMATX
| Q4 25 | 5.26× | 1.24× | ||
| Q3 25 | 1.20× | 1.30× | ||
| Q2 25 | 1.82× | 1.12× | ||
| Q1 25 | 0.12× | 1.23× | ||
| Q4 24 | 5.22× | 1.36× | ||
| Q3 24 | 2.43× | 1.25× | ||
| Q2 24 | 1.33× | 2.72× | ||
| Q1 24 | -0.53× | 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
GTES
| Power Transmission Segment | $536.5M | 63% |
| Fluid Power Segment | $319.7M | 37% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
