vs
Installed Building Products, Inc.（IBP）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
Installed Building Products, Inc.的季度营收约是Mativ Holdings, Inc.的1.6倍（$747.5M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 10.2%，领先11.5%），Mativ Holdings, Inc.同比增速更快（1.0% vs -0.4%），Installed Building Products, Inc.自由现金流更多（$49.3M vs $8.0M），过去两年Installed Building Products, Inc.的营收复合增速更高（3.9% vs -3.8%）
Installed Building Products, Inc.是美国领先的建筑产品安装服务商，主营绝缘材料、排水沟、车库门、消防系统及窗帘等产品的专业安装服务，覆盖住宅新建、翻新改造及商业建筑三大领域，业务遍及美国大部分地区。
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。
IBP vs MATV — 直观对比
营收规模更大
IBP
是对方的1.6倍
$463.1M
营收增速更快
MATV
高出1.3%
-0.4%
净利率更高
MATV
高出11.5%
10.2%
自由现金流更多
IBP
多$41.3M
$8.0M
两年增速更快
IBP
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $747.5M | $463.1M |
| 净利润 | $76.6M | $100.8M |
| 毛利率 | 35.0% | 18.8% |
| 营业利润率 | 14.6% | 2.2% |
| 净利率 | 10.2% | 21.8% |
| 营收同比 | -0.4% | 1.0% |
| 净利润同比 | 14.5% | 6620.0% |
| 每股收益（稀释后） | $2.81 | $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IBPMATV
| Q4 25 | $747.5M | $463.1M | ||
| Q3 25 | $778.2M | $513.7M | ||
| Q2 25 | $760.3M | $525.4M | ||
| Q1 25 | $684.8M | $484.8M | ||
| Q4 24 | $750.2M | $458.6M | ||
| Q3 24 | $760.6M | $498.5M | ||
| Q2 24 | $737.6M | $523.8M | ||
| Q1 24 | $692.9M | $500.2M |
净利润IBPMATV
| Q4 25 | $76.6M | $100.8M | ||
| Q3 25 | $74.4M | $-3.2M | ||
| Q2 25 | $69.0M | $-9.5M | ||
| Q1 25 | $45.4M | $-425.5M | ||
| Q4 24 | $66.9M | $1.5M | ||
| Q3 24 | $68.6M | $-20.8M | ||
| Q2 24 | $65.2M | $-1.4M | ||
| Q1 24 | $55.9M | $-28.0M |
毛利率IBPMATV
| Q4 25 | 35.0% | 18.8% | ||
| Q3 25 | 34.0% | 19.3% | ||
| Q2 25 | 34.2% | 19.7% | ||
| Q1 25 | 32.7% | 15.0% | ||
| Q4 24 | 33.6% | 16.9% | ||
| Q3 24 | 33.8% | 18.8% | ||
| Q2 24 | 34.1% | 20.8% | ||
| Q1 24 | 33.8% | 16.8% |
营业利润率IBPMATV
| Q4 25 | 14.6% | 2.2% | ||
| Q3 25 | 13.7% | 3.1% | ||
| Q2 25 | 13.3% | 3.8% | ||
| Q1 25 | 10.2% | -88.8% | ||
| Q4 24 | 13.1% | 0.6% | ||
| Q3 24 | 13.3% | 1.4% | ||
| Q2 24 | 12.9% | 2.0% | ||
| Q1 24 | 12.7% | -2.8% |
净利率IBPMATV
| Q4 25 | 10.2% | 21.8% | ||
| Q3 25 | 9.6% | -0.6% | ||
| Q2 25 | 9.1% | -1.8% | ||
| Q1 25 | 6.6% | -87.8% | ||
| Q4 24 | 8.9% | 0.3% | ||
| Q3 24 | 9.0% | -4.2% | ||
| Q2 24 | 8.8% | -0.3% | ||
| Q1 24 | 8.1% | -5.6% |
每股收益（稀释后）IBPMATV
| Q4 25 | $2.81 | $1.87 | ||
| Q3 25 | $2.74 | $-0.06 | ||
| Q2 25 | $2.52 | $-0.18 | ||
| Q1 25 | $1.64 | $-7.82 | ||
| Q4 24 | $2.39 | $0.03 | ||
| Q3 24 | $2.44 | $-0.38 | ||
| Q2 24 | $2.30 | $-0.03 | ||
| Q1 24 | $1.97 | $-0.52 |
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 | $321.9M | $84.2M |
| 总债务越低越好 | $886.6M | $1.0B |
| 股东权益账面价值 | $709.9M | $498.7M |
| 总资产 | $2.1B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.25× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资IBPMATV
| Q4 25 | $321.9M | $84.2M | ||
| Q3 25 | $333.3M | $97.1M | ||
| Q2 25 | $305.2M | $95.6M | ||
| Q1 25 | $298.7M | $84.0M | ||
| Q4 24 | $327.6M | $94.3M | ||
| Q3 24 | $406.2M | $162.2M | ||
| Q2 24 | $380.3M | $133.4M | ||
| Q1 24 | $399.9M | $128.9M |
总债务IBPMATV
| Q4 25 | $886.6M | $1.0B | ||
| Q3 25 | $880.8M | $1.0B | ||
| Q2 25 | $876.1M | $1.1B | ||
| Q1 25 | $872.4M | $1.1B | ||
| Q4 24 | $874.8M | $1.1B | ||
| Q3 24 | $872.3M | $1.2B | ||
| Q2 24 | $875.8M | $1.2B | ||
| Q1 24 | $875.0M | $1.2B |
股东权益IBPMATV
| Q4 25 | $709.9M | $498.7M | ||
| Q3 25 | $678.6M | $397.4M | ||
| Q2 25 | $664.5M | $416.6M | ||
| Q1 25 | $660.9M | $428.2M | ||
| Q4 24 | $705.3M | $858.5M | ||
| Q3 24 | $716.4M | $882.3M | ||
| Q2 24 | $685.3M | $898.0M | ||
| Q1 24 | $679.2M | $906.9M |
总资产IBPMATV
| Q4 25 | $2.1B | $2.1B | ||
| Q3 25 | $2.1B | $2.0B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | $2.0B | $2.1B | ||
| Q4 24 | $2.1B | $2.4B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.0B | $2.6B | ||
| Q1 24 | $2.0B | $2.7B |
负债/权益比IBPMATV
| Q4 25 | 1.25× | 2.07× | ||
| Q3 25 | 1.30× | 2.63× | ||
| Q2 25 | 1.32× | 2.66× | ||
| Q1 25 | 1.32× | 2.67× | ||
| Q4 24 | 1.24× | 1.30× | ||
| Q3 24 | 1.22× | 1.32× | ||
| Q2 24 | 1.28× | 1.29× | ||
| Q1 24 | 1.29× | 1.30× |
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 | $64.9M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $49.3M | $8.0M |
| 自由现金流率自由现金流/营收 | 6.6% | 1.7% |
| 资本支出强度资本支出/营收 | 2.1% | 2.4% |
| 现金转化率经营现金流/净利润 | 0.85× | 0.19× |
| 过去12个月自由现金流最近4个季度 | $300.8M | $93.8M |
8季度趋势，按日历期对齐
经营现金流IBPMATV
| Q4 25 | $64.9M | $19.3M | ||
| Q3 25 | $124.0M | $72.8M | ||
| Q2 25 | $90.4M | $57.6M | ||
| Q1 25 | $92.1M | $-15.9M | ||
| Q4 24 | $74.8M | $24.1M | ||
| Q3 24 | $101.4M | $37.6M | ||
| Q2 24 | $79.0M | $46.1M | ||
| Q1 24 | $84.8M | $-13.0M |
自由现金流IBPMATV
| Q4 25 | $49.3M | $8.0M | ||
| Q3 25 | $104.8M | $66.7M | ||
| Q2 25 | $74.8M | $48.9M | ||
| Q1 25 | $71.9M | $-29.8M | ||
| Q4 24 | $52.9M | $2.0M | ||
| Q3 24 | $77.3M | $25.5M | ||
| Q2 24 | $58.2M | $37.4M | ||
| Q1 24 | $63.0M | $-25.1M |
自由现金流率IBPMATV
| Q4 25 | 6.6% | 1.7% | ||
| Q3 25 | 13.5% | 13.0% | ||
| Q2 25 | 9.8% | 9.3% | ||
| Q1 25 | 10.5% | -6.1% | ||
| Q4 24 | 7.1% | 0.4% | ||
| Q3 24 | 10.2% | 5.1% | ||
| Q2 24 | 7.9% | 7.1% | ||
| Q1 24 | 9.1% | -5.0% |
资本支出强度IBPMATV
| Q4 25 | 2.1% | 2.4% | ||
| Q3 25 | 2.5% | 1.2% | ||
| Q2 25 | 2.1% | 1.7% | ||
| Q1 25 | 2.9% | 2.9% | ||
| Q4 24 | 2.9% | 4.8% | ||
| Q3 24 | 3.2% | 2.4% | ||
| Q2 24 | 2.8% | 1.7% | ||
| Q1 24 | 3.1% | 2.4% |
现金转化率IBPMATV
| Q4 25 | 0.85× | 0.19× | ||
| Q3 25 | 1.67× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 2.03× | — | ||
| Q4 24 | 1.12× | 16.07× | ||
| Q3 24 | 1.48× | — | ||
| Q2 24 | 1.21× | — | ||
| Q1 24 | 1.52× | — |
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
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
