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好时（HSY）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
好时的季度营收约是美泰的3.6倍（$3.1B vs $862.2M），好时净利率更高（14.0% vs 7.1%，领先6.9%），好时同比增速更快（10.6% vs 4.3%），过去两年好时的营收复合增速更高（22.3% vs -10.6%）
好时公司是总部位于美国宾夕法尼亚州好时镇的跨国糖果企业，也是全球最大的巧克力生产商之一，由米尔顿·S·好时于1894年创立。公司除核心巧克力产品外，还生产饼干、蛋糕等烘焙食品，同时销售奶昔等多类饮品，产品覆盖多个食品品类。
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。
HSY vs MAT — 直观对比
营收规模更大
HSY
是对方的3.6倍
$862.2M
营收增速更快
HSY
高出6.3%
4.3%
净利率更高
HSY
高出6.9%
7.1%
两年增速更快
HSY
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.1B | $862.2M |
| 净利润 | $435.1M | $61.0M |
| 毛利率 | 39.4% | 44.9% |
| 营业利润率 | 20.6% | — |
| 净利率 | 14.0% | 7.1% |
| 营收同比 | 10.6% | 4.3% |
| 净利润同比 | — | 251.4% |
| 每股收益（稀释后） | — | $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HSYMAT
| Q1 26 | $3.1B | $862.2M | ||
| Q4 25 | $3.1B | $1.8B | ||
| Q3 25 | $3.2B | $1.7B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.8B | $826.6M | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $3.0B | $1.8B | ||
| Q2 24 | $2.1B | $1.1B |
净利润HSYMAT
| Q1 26 | $435.1M | $61.0M | ||
| Q4 25 | $320.0M | $106.2M | ||
| Q3 25 | $276.3M | $278.4M | ||
| Q2 25 | $62.7M | $53.4M | ||
| Q1 25 | $224.2M | $-40.3M | ||
| Q4 24 | $796.6M | $140.9M | ||
| Q3 24 | $446.3M | $372.4M | ||
| Q2 24 | $180.9M | $56.9M |
毛利率HSYMAT
| Q1 26 | 39.4% | 44.9% | ||
| Q4 25 | 37.0% | 45.9% | ||
| Q3 25 | 32.6% | 50.0% | ||
| Q2 25 | 30.5% | 50.9% | ||
| Q1 25 | 33.7% | 49.4% | ||
| Q4 24 | 54.0% | 50.7% | ||
| Q3 24 | 41.3% | 53.1% | ||
| Q2 24 | 40.2% | 49.2% |
营业利润率HSYMAT
| Q1 26 | 20.6% | — | ||
| Q4 25 | 14.4% | 8.0% | ||
| Q3 25 | 13.7% | 21.9% | ||
| Q2 25 | 7.4% | 7.7% | ||
| Q1 25 | 13.2% | -6.4% | ||
| Q4 24 | 32.5% | 9.6% | ||
| Q3 24 | 20.5% | 26.5% | ||
| Q2 24 | 13.9% | 7.7% |
净利率HSYMAT
| Q1 26 | 14.0% | 7.1% | ||
| Q4 25 | 10.4% | 6.0% | ||
| Q3 25 | 8.7% | 16.0% | ||
| Q2 25 | 2.4% | 5.2% | ||
| Q1 25 | 8.0% | -4.9% | ||
| Q4 24 | 27.6% | 8.6% | ||
| Q3 24 | 14.9% | 20.2% | ||
| Q2 24 | 8.7% | 5.3% |
每股收益（稀释后）HSYMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | — | $0.32 | ||
| Q3 25 | — | $0.88 | ||
| Q2 25 | — | $0.16 | ||
| Q1 25 | — | $-0.12 | ||
| Q4 24 | — | $0.40 | ||
| Q3 24 | — | $1.09 | ||
| Q2 24 | — | $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 | $877.0M | $866.0M |
| 总债务越低越好 | $4.9B | $2.3B |
| 股东权益账面价值 | $4.7B | $2.1B |
| 总资产 | $13.8B | $6.3B |
| 负债/权益比越低杠杆越低 | 1.03× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资HSYMAT
| Q1 26 | $877.0M | $866.0M | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $691.9M | ||
| Q2 25 | — | $870.5M | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $723.5M | ||
| Q2 24 | — | $722.4M |
总债务HSYMAT
| Q1 26 | $4.9B | $2.3B | ||
| Q4 25 | $4.7B | $2.3B | ||
| Q3 25 | $4.7B | $2.3B | ||
| Q2 25 | $5.2B | $2.3B | ||
| Q1 25 | $5.2B | $2.3B | ||
| Q4 24 | $3.2B | $2.3B | ||
| Q3 24 | $3.2B | $2.3B | ||
| Q2 24 | $3.5B | $2.3B |
股东权益HSYMAT
| Q1 26 | $4.7B | $2.1B | ||
| Q4 25 | $4.6B | $2.2B | ||
| Q3 25 | $4.6B | $2.3B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.7B | $2.1B | ||
| Q4 24 | $4.7B | $2.3B | ||
| Q3 24 | $4.2B | $2.3B | ||
| Q2 24 | $4.0B | $2.0B |
总资产HSYMAT
| Q1 26 | $13.8B | $6.3B | ||
| Q4 25 | $13.7B | $6.6B | ||
| Q3 25 | $13.6B | $6.6B | ||
| Q2 25 | $13.6B | $6.2B | ||
| Q1 25 | $14.0B | $6.2B | ||
| Q4 24 | $12.9B | $6.5B | ||
| Q3 24 | $12.6B | $6.5B | ||
| Q2 24 | $12.4B | $5.9B |
负债/权益比HSYMAT
| Q1 26 | 1.03× | 1.11× | ||
| Q4 25 | 1.01× | 1.04× | ||
| Q3 25 | 1.02× | 1.03× | ||
| Q2 25 | 1.15× | 1.08× | ||
| Q1 25 | 1.11× | 1.10× | ||
| Q4 24 | 0.68× | 1.03× | ||
| Q3 24 | 0.76× | 1.01× | ||
| Q2 24 | 0.87× | 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 | — | — |
| 自由现金流经营现金流 - 资本支出 | — | $-88.1M |
| 自由现金流率自由现金流/营收 | — | -10.2% |
| 资本支出强度资本支出/营收 | — | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流HSYMAT
| Q1 26 | — | — | ||
| Q4 25 | $926.6M | $796.6M | ||
| Q3 25 | $841.9M | $72.0M | ||
| Q2 25 | $112.2M | $-300.1M | ||
| Q1 25 | $396.7M | $24.8M | ||
| Q4 24 | $941.6M | $862.1M | ||
| Q3 24 | $695.3M | $155.8M | ||
| Q2 24 | $325.6M | $-252.9M |
自由现金流HSYMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $788.5M | — | ||
| Q3 25 | $756.0M | — | ||
| Q2 25 | $27.1M | — | ||
| Q1 25 | $251.2M | — | ||
| Q4 24 | $807.1M | — | ||
| Q3 24 | $567.3M | — | ||
| Q2 24 | $195.5M | — |
自由现金流率HSYMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 25.5% | — | ||
| Q3 25 | 23.8% | — | ||
| Q2 25 | 1.0% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 28.0% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 9.4% | — |
资本支出强度HSYMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 4.5% | — | ||
| Q3 25 | 2.7% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 4.3% | — | ||
| Q2 24 | 6.3% | — |
现金转化率HSYMAT
| Q1 26 | — | — | ||
| Q4 25 | 2.90× | 7.50× | ||
| Q3 25 | 3.05× | 0.26× | ||
| Q2 25 | 1.79× | -5.62× | ||
| Q1 25 | 1.77× | — | ||
| Q4 24 | 1.18× | 6.12× | ||
| Q3 24 | 1.56× | 0.42× | ||
| Q2 24 | 1.80× | -4.45× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
