vs
HECLA MINING CO（HL）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是HECLA MINING CO的1.9倍（$862.2M vs $448.1M），HECLA MINING CO净利率更高（30.0% vs 7.1%，领先22.9%），HECLA MINING CO同比增速更快（79.5% vs 4.3%），HECLA MINING CO自由现金流更多（$134.7M vs $-88.1M），过去两年HECLA MINING CO的营收复合增速更高（53.8% vs -10.6%）
赫克拉矿业是总部位于美国的金属开采企业，主营银、金、铅、锌等矿产开发，矿区主要分布于北美地区，产品供应珠宝、工业制造、新能源供应链等领域，是美国头部原生银生产商之一。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
HL vs MAT — 直观对比
营收规模更大
MAT
是对方的1.9倍
$448.1M
营收增速更快
HL
高出75.2%
4.3%
净利率更高
HL
高出22.9%
7.1%
自由现金流更多
HL
多$222.8M
$-88.1M
两年增速更快
HL
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $448.1M | $862.2M |
| 净利润 | $134.4M | $61.0M |
| 毛利率 | 55.4% | 44.9% |
| 营业利润率 | 49.1% | — |
| 净利率 | 30.0% | 7.1% |
| 营收同比 | 79.5% | 4.3% |
| 净利润同比 | 1027.2% | 251.4% |
| 每股收益（稀释后） | $0.20 | $0.20 |
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HLMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $448.1M | $1.8B | ||
| Q3 25 | $409.5M | $1.7B | ||
| Q2 25 | $304.0M | $1.0B | ||
| Q1 25 | $261.3M | $826.6M | ||
| Q4 24 | $249.7M | $1.6B | ||
| Q3 24 | $245.1M | $1.8B | ||
| Q2 24 | $245.7M | $1.1B |
净利润HLMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $134.4M | $106.2M | ||
| Q3 25 | $100.7M | $278.4M | ||
| Q2 25 | $57.7M | $53.4M | ||
| Q1 25 | $28.9M | $-40.3M | ||
| Q4 24 | $11.9M | $140.9M | ||
| Q3 24 | $1.8M | $372.4M | ||
| Q2 24 | $27.9M | $56.9M |
毛利率HLMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 55.4% | 45.9% | ||
| Q3 25 | 44.1% | 50.0% | ||
| Q2 25 | 39.3% | 50.9% | ||
| Q1 25 | 28.3% | 49.4% | ||
| Q4 24 | 27.4% | 50.7% | ||
| Q3 24 | 24.2% | 53.1% | ||
| Q2 24 | 20.9% | 49.2% |
营业利润率HLMAT
| Q1 26 | — | — | ||
| Q4 25 | 49.1% | 8.0% | ||
| Q3 25 | 36.3% | 21.9% | ||
| Q2 25 | 30.8% | 7.7% | ||
| Q1 25 | 20.0% | -6.4% | ||
| Q4 24 | 15.3% | 9.6% | ||
| Q3 24 | 9.2% | 26.5% | ||
| Q2 24 | 16.5% | 7.7% |
净利率HLMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | 30.0% | 6.0% | ||
| Q3 25 | 24.6% | 16.0% | ||
| Q2 25 | 19.0% | 5.2% | ||
| Q1 25 | 11.0% | -4.9% | ||
| Q4 24 | 4.8% | 8.6% | ||
| Q3 24 | 0.7% | 20.2% | ||
| Q2 24 | 11.3% | 5.3% |
每股收益（稀释后）HLMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $0.20 | $0.32 | ||
| Q3 25 | $0.15 | $0.88 | ||
| Q2 25 | $0.09 | $0.16 | ||
| Q1 25 | $0.05 | $-0.12 | ||
| Q4 24 | $0.03 | $0.40 | ||
| Q3 24 | $0.00 | $1.09 | ||
| Q2 24 | $0.04 | $0.17 |
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 | $301.2M | $866.0M |
| 总债务越低越好 | — | $2.3B |
| 股东权益账面价值 | $2.6B | $2.1B |
| 总资产 | $3.6B | $6.3B |
| 负债/权益比越低杠杆越低 | — | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资HLMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $301.2M | $1.2B | ||
| Q3 25 | $133.9M | $691.9M | ||
| Q2 25 | $296.6M | $870.5M | ||
| Q1 25 | $23.7M | $1.2B | ||
| Q4 24 | $26.9M | $1.4B | ||
| Q3 24 | $22.3M | $723.5M | ||
| Q2 24 | $24.6M | $722.4M |
总债务HLMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
股东权益HLMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.6B | $2.2B | ||
| Q3 25 | $2.4B | $2.3B | ||
| Q2 25 | $2.3B | $2.2B | ||
| Q1 25 | $2.1B | $2.1B | ||
| Q4 24 | $2.0B | $2.3B | ||
| Q3 24 | $2.0B | $2.3B | ||
| Q2 24 | $2.0B | $2.0B |
总资产HLMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $3.6B | $6.6B | ||
| Q3 25 | $3.2B | $6.6B | ||
| Q2 25 | $3.3B | $6.2B | ||
| Q1 25 | $3.0B | $6.2B | ||
| Q4 24 | $3.0B | $6.5B | ||
| Q3 24 | $3.0B | $6.5B | ||
| Q2 24 | $2.9B | $5.9B |
负债/权益比HLMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | — | 1.04× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | — | 1.10× | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | 1.01× | ||
| Q2 24 | — | 1.18× |
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 | $217.1M | — |
| 自由现金流经营现金流 - 资本支出 | $134.7M | $-88.1M |
| 自由现金流率自由现金流/营收 | 30.1% | -10.2% |
| 资本支出强度资本支出/营收 | 18.4% | 7.6% |
| 现金转化率经营现金流/净利润 | 1.61× | — |
| 过去12个月自由现金流最近4个季度 | $310.2M | — |
8季度趋势，按日历期对齐
经营现金流HLMAT
| Q1 26 | — | — | ||
| Q4 25 | $217.1M | $796.6M | ||
| Q3 25 | $148.0M | $72.0M | ||
| Q2 25 | $161.8M | $-300.1M | ||
| Q1 25 | $35.7M | $24.8M | ||
| Q4 24 | $67.5M | $862.1M | ||
| Q3 24 | $55.0M | $155.8M | ||
| Q2 24 | $78.7M | $-252.9M |
自由现金流HLMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $134.7M | — | ||
| Q3 25 | $90.1M | — | ||
| Q2 25 | $103.8M | — | ||
| Q1 25 | $-18.4M | — | ||
| Q4 24 | $6.7M | — | ||
| Q3 24 | $-690.0K | — | ||
| Q2 24 | $28.3M | — |
自由现金流率HLMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 22.0% | — | ||
| Q2 25 | 34.1% | — | ||
| Q1 25 | -7.0% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | -0.3% | — | ||
| Q2 24 | 11.5% | — |
资本支出强度HLMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 18.4% | — | ||
| Q3 25 | 14.1% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 20.7% | — | ||
| Q4 24 | 24.3% | — | ||
| Q3 24 | 22.7% | — | ||
| Q2 24 | 20.5% | — |
现金转化率HLMAT
| Q1 26 | — | — | ||
| Q4 25 | 1.61× | 7.50× | ||
| Q3 25 | 1.47× | 0.26× | ||
| Q2 25 | 2.80× | -5.62× | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 5.66× | 6.12× | ||
| Q3 24 | 31.24× | 0.42× | ||
| Q2 24 | 2.82× | -4.45× |
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
HL
| Silver Contracts | $258.5M | 58% |
| Gold | $129.2M | 29% |
| Zinc | $30.3M | 7% |
| Lead | $23.3M | 5% |
| Environmental Remediation Services | $9.2M | 2% |
MAT
暂无分部数据
