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Hub Group, Inc.（HUBG）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
Hub Group, Inc.的季度营收约是美森的1.1倍（$934.5M vs $851.9M），美森净利率更高（16.8% vs 3.1%，领先13.7%），美森同比增速更快（-4.3% vs -5.3%），美森自由现金流更多（$42.2M vs $19.4M），过去两年美森的营收复合增速更高（8.6% vs -2.6%）
Hub Group是北美知名的运输与物流管理企业，1971年由菲利普·耶格尔创立，1996年上市，总部位于伊利诺伊州奥克布鲁克，目前由创始人之孙菲利普·D·耶格尔运营，年营收超50亿美元，为客户提供专业的供应链及物流解决方案。
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。
HUBG vs MATX — 直观对比
营收规模更大
HUBG
是对方的1.1倍
$851.9M
营收增速更快
MATX
高出1.0%
-5.3%
净利率更高
MATX
高出13.7%
3.1%
自由现金流更多
MATX
多$22.8M
$19.4M
两年增速更快
MATX
近两年复合增速
-2.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $934.5M | $851.9M |
| 净利润 | $28.6M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | 4.2% | 16.9% |
| 净利率 | 3.1% | 16.8% |
| 营收同比 | -5.3% | -4.3% |
| 净利润同比 | 21.0% | 11.8% |
| 每股收益（稀释后） | $0.47 | $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HUBGMATX
| Q4 25 | — | $851.9M | ||
| Q3 25 | $934.5M | $880.1M | ||
| Q2 25 | $905.6M | $830.5M | ||
| Q1 25 | $915.2M | $782.0M | ||
| Q4 24 | $973.5M | $890.3M | ||
| Q3 24 | $986.9M | $962.0M | ||
| Q2 24 | $986.5M | $847.4M | ||
| Q1 24 | $999.5M | $722.1M |
净利润HUBGMATX
| Q4 25 | — | $143.1M | ||
| Q3 25 | $28.6M | $134.7M | ||
| Q2 25 | $25.2M | $94.7M | ||
| Q1 25 | $26.8M | $72.3M | ||
| Q4 24 | $24.3M | $128.0M | ||
| Q3 24 | $23.6M | $199.1M | ||
| Q2 24 | $29.0M | $113.2M | ||
| Q1 24 | $27.1M | $36.1M |
营业利润率HUBGMATX
| Q4 25 | — | 16.9% | ||
| Q3 25 | 4.2% | 18.3% | ||
| Q2 25 | 3.8% | 13.6% | ||
| Q1 25 | 4.1% | 10.5% | ||
| Q4 24 | 3.2% | 16.6% | ||
| Q3 24 | 3.3% | 25.2% | ||
| Q2 24 | 4.0% | 14.7% | ||
| Q1 24 | 3.7% | 5.1% |
净利率HUBGMATX
| Q4 25 | — | 16.8% | ||
| Q3 25 | 3.1% | 15.3% | ||
| Q2 25 | 2.8% | 11.4% | ||
| Q1 25 | 2.9% | 9.2% | ||
| Q4 24 | 2.5% | 14.4% | ||
| Q3 24 | 2.4% | 20.7% | ||
| Q2 24 | 2.9% | 13.4% | ||
| Q1 24 | 2.7% | 5.0% |
每股收益（稀释后）HUBGMATX
| Q4 25 | — | $4.47 | ||
| Q3 25 | $0.47 | $4.24 | ||
| Q2 25 | $0.42 | $2.92 | ||
| Q1 25 | $0.44 | $2.18 | ||
| Q4 24 | $0.40 | $3.69 | ||
| Q3 24 | $0.39 | $5.89 | ||
| Q2 24 | $0.47 | $3.31 | ||
| Q1 24 | $0.44 | $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 | $119.7M | $141.9M |
| 总债务越低越好 | $255.0M | $361.2M |
| 股东权益账面价值 | $1.7B | $2.8B |
| 总资产 | $2.9B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.15× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资HUBGMATX
| Q4 25 | — | $141.9M | ||
| Q3 25 | $119.7M | $92.7M | ||
| Q2 25 | $137.0M | $59.1M | ||
| Q1 25 | $112.7M | $122.0M | ||
| Q4 24 | $98.2M | $266.8M | ||
| Q3 24 | $186.1M | $270.3M | ||
| Q2 24 | $220.2M | $168.2M | ||
| Q1 24 | $195.4M | $25.9M |
总债务HUBGMATX
| Q4 25 | — | $361.2M | ||
| Q3 25 | $255.0M | $370.9M | ||
| Q2 25 | $231.9M | $341.3M | ||
| Q1 25 | $252.1M | $351.1M | ||
| Q4 24 | $264.4M | $361.2M | ||
| Q3 24 | $287.1M | $370.9M | ||
| Q2 24 | $313.1M | $381.0M | ||
| Q1 24 | $334.8M | $390.8M |
股东权益HUBGMATX
| Q4 25 | — | $2.8B | ||
| Q3 25 | $1.7B | $2.7B | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.6B | $2.6B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.6B | $2.6B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $1.6B | $2.4B |
总资产HUBGMATX
| Q4 25 | — | $4.6B | ||
| Q3 25 | $2.9B | $4.6B | ||
| Q2 25 | $2.8B | $4.5B | ||
| Q1 25 | $2.8B | $4.5B | ||
| Q4 24 | $2.9B | $4.6B | ||
| Q3 24 | $2.8B | $4.4B | ||
| Q2 24 | $2.9B | $4.3B | ||
| Q1 24 | $2.9B | $4.2B |
负债/权益比HUBGMATX
| Q4 25 | — | 0.13× | ||
| Q3 25 | 0.15× | 0.14× | ||
| Q2 25 | 0.14× | 0.13× | ||
| Q1 25 | 0.15× | 0.13× | ||
| Q4 24 | 0.16× | 0.14× | ||
| Q3 24 | 0.18× | 0.15× | ||
| Q2 24 | 0.19× | 0.16× | ||
| Q1 24 | 0.21× | 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 | $28.1M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $19.4M | $42.2M |
| 自由现金流率自由现金流/营收 | 2.1% | 5.0% |
| 资本支出强度资本支出/营收 | 0.9% | 15.8% |
| 现金转化率经营现金流/净利润 | 0.98× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $113.4M | $153.7M |
8季度趋势，按日历期对齐
经营现金流HUBGMATX
| Q4 25 | — | $176.9M | ||
| Q3 25 | $28.1M | $175.6M | ||
| Q2 25 | $61.5M | $105.6M | ||
| Q1 25 | $70.0M | $89.0M | ||
| Q4 24 | $604.0K | $174.7M | ||
| Q3 24 | $43.4M | $248.6M | ||
| Q2 24 | $69.9M | $307.9M | ||
| Q1 24 | $80.5M | $36.6M |
自由现金流HUBGMATX
| Q4 25 | — | $42.2M | ||
| Q3 25 | $19.4M | $92.4M | ||
| Q2 25 | $50.2M | $19.3M | ||
| Q1 25 | $50.8M | $-200.0K | ||
| Q4 24 | $-7.0M | $49.3M | ||
| Q3 24 | $31.4M | $189.0M | ||
| Q2 24 | $56.2M | $238.1M | ||
| Q1 24 | $63.0M | $-18.7M |
自由现金流率HUBGMATX
| Q4 25 | — | 5.0% | ||
| Q3 25 | 2.1% | 10.5% | ||
| Q2 25 | 5.5% | 2.3% | ||
| Q1 25 | 5.6% | -0.0% | ||
| Q4 24 | -0.7% | 5.5% | ||
| Q3 24 | 3.2% | 19.6% | ||
| Q2 24 | 5.7% | 28.1% | ||
| Q1 24 | 6.3% | -2.6% |
资本支出强度HUBGMATX
| Q4 25 | — | 15.8% | ||
| Q3 25 | 0.9% | 9.5% | ||
| Q2 25 | 1.2% | 10.4% | ||
| Q1 25 | 2.1% | 11.4% | ||
| Q4 24 | 0.8% | 14.1% | ||
| Q3 24 | 1.2% | 6.2% | ||
| Q2 24 | 1.4% | 8.2% | ||
| Q1 24 | 1.8% | 7.7% |
现金转化率HUBGMATX
| Q4 25 | — | 1.24× | ||
| Q3 25 | 0.98× | 1.30× | ||
| Q2 25 | 2.44× | 1.12× | ||
| Q1 25 | 2.61× | 1.23× | ||
| Q4 24 | 0.02× | 1.36× | ||
| Q3 24 | 1.84× | 1.25× | ||
| Q2 24 | 2.41× | 2.72× | ||
| Q1 24 | 2.98× | 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
HUBG
| Intermodal | $561.5M | 60% |
| Other | $343.6M | 37% |
| Inter Segment | $29.4M | 3% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
