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WARRIOR MET COAL, INC.（HCC）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
Mativ Holdings, Inc.的季度营收约是WARRIOR MET COAL, INC.的1.0倍（$463.1M vs $458.6M），Mativ Holdings, Inc.净利率更高（21.8% vs 15.8%，领先6.0%），WARRIOR MET COAL, INC.同比增速更快（52.1% vs 1.0%），过去两年WARRIOR MET COAL, INC.的营收复合增速更高（7.5% vs -3.8%）
Warrior Met Coal（股票代码HCC）是总部位于美国的矿业企业，主营高品质冶金煤的开采与供应，其产品是钢铁制造的核心原材料，主要服务北美、欧洲、亚洲地区的钢铁生产商及工业客户。
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。
HCC vs MATV — 直观对比
营收规模更大
MATV
是对方的1.0倍
$458.6M
营收增速更快
HCC
高出51.1%
1.0%
净利率更高
MATV
高出6.0%
15.8%
两年增速更快
HCC
近两年复合增速
-3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $458.6M | $463.1M |
| 净利润 | $72.3M | $100.8M |
| 毛利率 | 36.7% | 18.8% |
| 营业利润率 | 17.3% | 2.2% |
| 净利率 | 15.8% | 21.8% |
| 营收同比 | 52.1% | 1.0% |
| 净利润同比 | — | 6620.0% |
| 每股收益（稀释后） | $1.37 | $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HCCMATV
| Q1 26 | $458.6M | — | ||
| Q4 25 | $384.0M | $463.1M | ||
| Q3 25 | $328.6M | $513.7M | ||
| Q2 25 | $297.5M | $525.4M | ||
| Q1 25 | $299.9M | $484.8M | ||
| Q4 24 | $297.5M | $458.6M | ||
| Q3 24 | $327.7M | $498.5M | ||
| Q2 24 | $396.5M | $523.8M |
净利润HCCMATV
| Q1 26 | $72.3M | — | ||
| Q4 25 | $23.0M | $100.8M | ||
| Q3 25 | $36.6M | $-3.2M | ||
| Q2 25 | $5.6M | $-9.5M | ||
| Q1 25 | $-8.2M | $-425.5M | ||
| Q4 24 | $1.1M | $1.5M | ||
| Q3 24 | $41.8M | $-20.8M | ||
| Q2 24 | $70.7M | $-1.4M |
毛利率HCCMATV
| Q1 26 | 36.7% | — | ||
| Q4 25 | 29.5% | 18.8% | ||
| Q3 25 | 27.1% | 19.3% | ||
| Q2 25 | 23.9% | 19.7% | ||
| Q1 25 | 18.1% | 15.0% | ||
| Q4 24 | 23.1% | 16.9% | ||
| Q3 24 | 29.3% | 18.8% | ||
| Q2 24 | 34.1% | 20.8% |
营业利润率HCCMATV
| Q1 26 | 17.3% | — | ||
| Q4 25 | 9.0% | 2.2% | ||
| Q3 25 | 6.3% | 3.1% | ||
| Q2 25 | 2.6% | 3.8% | ||
| Q1 25 | -5.8% | -88.8% | ||
| Q4 24 | -1.4% | 0.6% | ||
| Q3 24 | 11.9% | 1.4% | ||
| Q2 24 | 17.9% | 2.0% |
净利率HCCMATV
| Q1 26 | 15.8% | — | ||
| Q4 25 | 6.0% | 21.8% | ||
| Q3 25 | 11.1% | -0.6% | ||
| Q2 25 | 1.9% | -1.8% | ||
| Q1 25 | -2.7% | -87.8% | ||
| Q4 24 | 0.4% | 0.3% | ||
| Q3 24 | 12.7% | -4.2% | ||
| Q2 24 | 17.8% | -0.3% |
每股收益（稀释后）HCCMATV
| Q1 26 | $1.37 | — | ||
| Q4 25 | $0.43 | $1.87 | ||
| Q3 25 | $0.70 | $-0.06 | ||
| Q2 25 | $0.11 | $-0.18 | ||
| Q1 25 | $-0.16 | $-7.82 | ||
| Q4 24 | $0.02 | $0.03 | ||
| Q3 24 | $0.80 | $-0.38 | ||
| Q2 24 | $1.35 | $-0.03 |
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 | $233.2M | $84.2M |
| 总债务越低越好 | $154.4M | $1.0B |
| 股东权益账面价值 | — | $498.7M |
| 总资产 | $2.8B | $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HCCMATV
| Q1 26 | $233.2M | — | ||
| Q4 25 | $300.0M | $84.2M | ||
| Q3 25 | $336.3M | $97.1M | ||
| Q2 25 | $383.3M | $95.6M | ||
| Q1 25 | $454.9M | $84.0M | ||
| Q4 24 | $491.5M | $94.3M | ||
| Q3 24 | $583.2M | $162.2M | ||
| Q2 24 | $709.0M | $133.4M |
总债务HCCMATV
| Q1 26 | $154.4M | — | ||
| Q4 25 | $154.3M | $1.0B | ||
| Q3 25 | $154.1M | $1.0B | ||
| Q2 25 | $153.9M | $1.1B | ||
| Q1 25 | $153.8M | $1.1B | ||
| Q4 24 | $153.6M | $1.1B | ||
| Q3 24 | $153.5M | $1.2B | ||
| Q2 24 | $153.3M | $1.2B |
股东权益HCCMATV
| Q1 26 | — | — | ||
| Q4 25 | $2.1B | $498.7M | ||
| Q3 25 | $2.1B | $397.4M | ||
| Q2 25 | $2.1B | $416.6M | ||
| Q1 25 | $2.1B | $428.2M | ||
| Q4 24 | $2.1B | $858.5M | ||
| Q3 24 | $2.1B | $882.3M | ||
| Q2 24 | $2.0B | $898.0M |
总资产HCCMATV
| Q1 26 | $2.8B | — | ||
| Q4 25 | $2.8B | $2.1B | ||
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.6B | $2.1B | ||
| Q1 25 | $2.6B | $2.1B | ||
| Q4 24 | $2.6B | $2.4B | ||
| Q3 24 | $2.6B | $2.6B | ||
| Q2 24 | $2.6B | $2.6B |
负债/权益比HCCMATV
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | 2.07× | ||
| Q3 25 | 0.07× | 2.63× | ||
| Q2 25 | 0.07× | 2.66× | ||
| Q1 25 | 0.07× | 2.67× | ||
| Q4 24 | 0.07× | 1.30× | ||
| Q3 24 | 0.07× | 1.32× | ||
| Q2 24 | 0.07× | 1.29× |
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 | — | $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HCCMATV
| Q1 26 | — | — | ||
| Q4 25 | $76.1M | $19.3M | ||
| Q3 25 | $104.7M | $72.8M | ||
| Q2 25 | $37.5M | $57.6M | ||
| Q1 25 | $10.9M | $-15.9M | ||
| Q4 24 | $54.2M | $24.1M | ||
| Q3 24 | $62.2M | $37.6M | ||
| Q2 24 | $147.0M | $46.1M |
自由现金流HCCMATV
| Q1 26 | — | — | ||
| 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 |
自由现金流率HCCMATV
| Q1 26 | — | — | ||
| 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% |
资本支出强度HCCMATV
| Q1 26 | — | — | ||
| 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% |
现金转化率HCCMATV
| Q1 26 | — | — | ||
| Q4 25 | 3.31× | 0.19× | ||
| Q3 25 | 2.86× | — | ||
| Q2 25 | 6.70× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 47.68× | 16.07× | ||
| Q3 24 | 1.49× | — | ||
| Q2 24 | 2.08× | — |
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
HCC
| Sales | $448.5M | 98% |
| Other revenues | $10.1M | 2% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
