vs
IMAX（IMAX）与合众银行（STBA）财务数据对比。点击上方公司名可切换其他公司
IMAX的季度营收约是合众银行的1.2倍（$125.2M vs $102.1M），合众银行净利率更高（34.4% vs 0.5%，领先33.8%），过去两年IMAX的营收复合增速更高（25.8% vs 2.6%）
IMAX公司是加拿大的影视放映技术企业，1967年创立于蒙特利尔，总部位于多伦多地区，在纽约、洛杉矶均设有业务点。核心业务包括IMAX摄影机与放映系统的设计制造，同时面向全球合作影院提供影片开发、制作、后期及发行服务，是沉浸式观影技术领域的领先企业。
合众银行是总部位于美国明尼苏达州明尼阿波利斯、注册地为特拉华州的跨国银行机构，截至2025年为美国第五大银行，也是美国中西部规模最大的银行，被金融稳定委员会认定为系统重要性机构。旗下核心运营主体为美国合众银行全国协会，以“U.S. Bank”品牌开展业务，提供银行、投资、抵押贷款等多元金融服务。
IMAX vs STBA — 直观对比
营收规模更大
IMAX
是对方的1.2倍
$102.1M
净利率更高
STBA
高出33.8%
0.5%
两年增速更快
IMAX
近两年复合增速
2.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $125.2M | $102.1M |
| 净利润 | $637.0K | $35.1M |
| 毛利率 | 57.6% | — |
| 营业利润率 | 19.3% | — |
| 净利率 | 0.5% | 34.4% |
| 营收同比 | 35.1% | — |
| 净利润同比 | -88.0% | 5.0% |
| 每股收益（稀释后） | $0.02 | $0.94 |
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IMAXSTBA
| Q1 26 | — | $102.1M | ||
| Q4 25 | $125.2M | $105.3M | ||
| Q3 25 | $106.7M | $103.0M | ||
| Q2 25 | $91.7M | $100.1M | ||
| Q1 25 | $86.7M | $93.8M | ||
| Q4 24 | $92.7M | $94.3M | ||
| Q3 24 | $91.5M | $96.4M | ||
| Q2 24 | $89.0M | $96.9M |
净利润IMAXSTBA
| Q1 26 | — | $35.1M | ||
| Q4 25 | $637.0K | $34.0M | ||
| Q3 25 | $20.7M | $35.0M | ||
| Q2 25 | $11.3M | $31.9M | ||
| Q1 25 | $2.3M | $33.4M | ||
| Q4 24 | $5.3M | $33.1M | ||
| Q3 24 | $13.9M | $32.6M | ||
| Q2 24 | $3.6M | $34.4M |
毛利率IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | 57.6% | — | ||
| Q3 25 | 63.1% | — | ||
| Q2 25 | 58.5% | — | ||
| Q1 25 | 61.4% | — | ||
| Q4 24 | 52.2% | — | ||
| Q3 24 | 55.8% | — | ||
| Q2 24 | 49.4% | — |
营业利润率IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | 19.3% | 40.3% | ||
| Q3 25 | 27.2% | 42.6% | ||
| Q2 25 | 15.6% | 40.0% | ||
| Q1 25 | 19.3% | 44.5% | ||
| Q4 24 | 10.3% | 43.8% | ||
| Q3 24 | 21.2% | 43.0% | ||
| Q2 24 | 3.2% | 44.2% |
净利率IMAXSTBA
| Q1 26 | — | 34.4% | ||
| Q4 25 | 0.5% | 32.3% | ||
| Q3 25 | 19.4% | 33.9% | ||
| Q2 25 | 12.3% | 31.9% | ||
| Q1 25 | 2.7% | 35.6% | ||
| Q4 24 | 5.7% | 35.1% | ||
| Q3 24 | 15.2% | 33.8% | ||
| Q2 24 | 4.0% | 35.5% |
每股收益（稀释后）IMAXSTBA
| Q1 26 | — | $0.94 | ||
| Q4 25 | $0.02 | $0.88 | ||
| Q3 25 | $0.37 | $0.91 | ||
| Q2 25 | $0.20 | $0.83 | ||
| Q1 25 | $0.04 | $0.87 | ||
| Q4 24 | $0.09 | $0.86 | ||
| Q3 24 | $0.26 | $0.85 | ||
| Q2 24 | $0.07 | $0.89 |
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 | $151.2M | — |
| 总债务越低越好 | — | $100.8M |
| 股东权益账面价值 | $337.9M | $1.4B |
| 总资产 | $894.0M | $9.9B |
| 负债/权益比越低杠杆越低 | — | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | $151.2M | $163.4M | ||
| Q3 25 | $143.1M | $196.2M | ||
| Q2 25 | $109.3M | $203.1M | ||
| Q1 25 | $97.1M | $211.8M | ||
| Q4 24 | $100.6M | $244.8M | ||
| Q3 24 | $104.5M | $228.1M | ||
| Q2 24 | $91.6M | $246.3M |
总债务IMAXSTBA
| Q1 26 | — | $100.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益IMAXSTBA
| Q1 26 | — | $1.4B | ||
| Q4 25 | $337.9M | $1.5B | ||
| Q3 25 | $349.5M | $1.5B | ||
| Q2 25 | $320.4M | $1.4B | ||
| Q1 25 | $299.5M | $1.4B | ||
| Q4 24 | $299.5M | $1.4B | ||
| Q3 24 | $289.4M | $1.4B | ||
| Q2 24 | $267.2M | $1.3B |
总资产IMAXSTBA
| Q1 26 | — | $9.9B | ||
| Q4 25 | $894.0M | $9.9B | ||
| Q3 25 | $889.6M | $9.8B | ||
| Q2 25 | $868.6M | $9.8B | ||
| Q1 25 | $848.3M | $9.7B | ||
| Q4 24 | $830.4M | $9.7B | ||
| Q3 24 | $847.6M | $9.6B | ||
| Q2 24 | $827.4M | $9.6B |
负债/权益比IMAXSTBA
| Q1 26 | — | 0.07× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $29.4M | — |
| 自由现金流经营现金流 - 资本支出 | $28.0M | — |
| 自由现金流率自由现金流/营收 | 22.3% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 46.11× | — |
| 过去12个月自由现金流最近4个季度 | $118.9M | — |
8季度趋势，按日历期对齐
经营现金流IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | $29.4M | $133.6M | ||
| Q3 25 | $67.5M | $40.5M | ||
| Q2 25 | $23.2M | $28.3M | ||
| Q1 25 | $7.0M | $28.7M | ||
| Q4 24 | $11.5M | $173.4M | ||
| Q3 24 | $35.3M | $27.6M | ||
| Q2 24 | $35.0M | $44.7M |
自由现金流IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | $28.0M | $128.8M | ||
| Q3 25 | $64.8M | $39.9M | ||
| Q2 25 | $20.9M | $27.1M | ||
| Q1 25 | $5.3M | $27.0M | ||
| Q4 24 | $6.9M | $170.4M | ||
| Q3 24 | $34.2M | $26.9M | ||
| Q2 24 | $33.5M | $43.9M |
自由现金流率IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | 22.3% | 122.4% | ||
| Q3 25 | 60.7% | 38.7% | ||
| Q2 25 | 22.8% | 27.1% | ||
| Q1 25 | 6.1% | 28.8% | ||
| Q4 24 | 7.4% | 180.7% | ||
| Q3 24 | 37.3% | 28.0% | ||
| Q2 24 | 37.6% | 45.3% |
资本支出强度IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 4.5% | ||
| Q3 25 | 2.6% | 0.6% | ||
| Q2 25 | 2.6% | 1.2% | ||
| Q1 25 | 1.9% | 1.8% | ||
| Q4 24 | 5.0% | 3.1% | ||
| Q3 24 | 1.2% | 0.7% | ||
| Q2 24 | 1.8% | 0.9% |
现金转化率IMAXSTBA
| Q1 26 | — | — | ||
| Q4 25 | 46.11× | 3.93× | ||
| Q3 25 | 3.27× | 1.16× | ||
| Q2 25 | 2.06× | 0.89× | ||
| Q1 25 | 2.99× | 0.86× | ||
| Q4 24 | 2.16× | 5.24× | ||
| Q3 24 | 2.54× | 0.85× | ||
| Q2 24 | 9.78× | 1.30× |
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
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
STBA
| Net Interest Income | $88.4M | 87% |
| Noninterest Income | $13.6M | 13% |
