vs
Loews Corporation（L）与美森（MATX）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是Loews Corporation的1.0倍（$851.9M vs $827.0M），Loews Corporation净利率更高（48.6% vs 16.8%，领先31.8%），Loews Corporation同比增速更快（4.8% vs -4.3%），Loews Corporation自由现金流更多（$426.0M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs 7.9%）
Loews Corporation是一家总部位于美国的多元化综合企业集团，旗下子公司业务覆盖财产保险、天然气管道运输、酒店运营、油气勘探生产等核心领域，主要服务北美市场的商业、消费者及工业客户。
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。
L vs MATX — 直观对比
营收规模更大
MATX
是对方的1.0倍
$827.0M
营收增速更快
L
高出9.1%
-4.3%
净利率更高
L
高出31.8%
16.8%
自由现金流更多
L
多$383.8M
$42.2M
两年增速更快
MATX
近两年复合增速
7.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $827.0M | $851.9M |
| 净利润 | $402.0M | $143.1M |
| 毛利率 | — | — |
| 营业利润率 | 65.4% | 16.9% |
| 净利率 | 48.6% | 16.8% |
| 营收同比 | 4.8% | -4.3% |
| 净利润同比 | 115.0% | 11.8% |
| 每股收益（稀释后） | $1.93 | $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LMATX
| Q4 25 | $827.0M | $851.9M | ||
| Q3 25 | $732.0M | $880.1M | ||
| Q2 25 | $769.0M | $830.5M | ||
| Q1 25 | $846.0M | $782.0M | ||
| Q4 24 | $789.0M | $890.3M | ||
| Q3 24 | $683.0M | $962.0M | ||
| Q2 24 | $711.0M | $847.4M | ||
| Q1 24 | $710.0M | $722.1M |
净利润LMATX
| Q4 25 | $402.0M | $143.1M | ||
| Q3 25 | $504.0M | $134.7M | ||
| Q2 25 | $391.0M | $94.7M | ||
| Q1 25 | $370.0M | $72.3M | ||
| Q4 24 | $187.0M | $128.0M | ||
| Q3 24 | $401.0M | $199.1M | ||
| Q2 24 | $369.0M | $113.2M | ||
| Q1 24 | $457.0M | $36.1M |
营业利润率LMATX
| Q4 25 | 65.4% | 16.9% | ||
| Q3 25 | 94.1% | 18.3% | ||
| Q2 25 | 70.1% | 13.6% | ||
| Q1 25 | 60.8% | 10.5% | ||
| Q4 24 | 23.8% | 16.6% | ||
| Q3 24 | 80.5% | 25.2% | ||
| Q2 24 | 71.3% | 14.7% | ||
| Q1 24 | 88.6% | 5.1% |
净利率LMATX
| Q4 25 | 48.6% | 16.8% | ||
| Q3 25 | 68.9% | 15.3% | ||
| Q2 25 | 50.8% | 11.4% | ||
| Q1 25 | 43.7% | 9.2% | ||
| Q4 24 | 23.7% | 14.4% | ||
| Q3 24 | 58.7% | 20.7% | ||
| Q2 24 | 51.9% | 13.4% | ||
| Q1 24 | 64.4% | 5.0% |
每股收益（稀释后）LMATX
| Q4 25 | $1.93 | $4.47 | ||
| Q3 25 | $2.43 | $4.24 | ||
| Q2 25 | $1.87 | $2.92 | ||
| Q1 25 | $1.74 | $2.18 | ||
| Q4 24 | $0.87 | $3.69 | ||
| Q3 24 | $1.82 | $5.89 | ||
| Q2 24 | $1.67 | $3.31 | ||
| Q1 24 | $2.05 | $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 | $6.0B | $141.9M |
| 总债务越低越好 | $8.4B | $361.2M |
| 股东权益账面价值 | $18.7B | $2.8B |
| 总资产 | $86.3B | $4.6B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资LMATX
| Q4 25 | $6.0B | $141.9M | ||
| Q3 25 | $5.4B | $92.7M | ||
| Q2 25 | $4.5B | $59.1M | ||
| Q1 25 | $4.4B | $122.0M | ||
| Q4 24 | $4.6B | $266.8M | ||
| Q3 24 | $5.2B | $270.3M | ||
| Q2 24 | $4.9B | $168.2M | ||
| Q1 24 | $5.4B | $25.9M |
总债务LMATX
| Q4 25 | $8.4B | $361.2M | ||
| Q3 25 | $8.4B | $370.9M | ||
| Q2 25 | $7.9B | $341.3M | ||
| Q1 25 | $8.4B | $351.1M | ||
| Q4 24 | $8.9B | $361.2M | ||
| Q3 24 | $8.8B | $370.9M | ||
| Q2 24 | $8.6B | $381.0M | ||
| Q1 24 | $8.4B | $390.8M |
股东权益LMATX
| Q4 25 | $18.7B | $2.8B | ||
| Q3 25 | $18.3B | $2.7B | ||
| Q2 25 | $17.5B | $2.6B | ||
| Q1 25 | $17.2B | $2.6B | ||
| Q4 24 | $17.1B | $2.7B | ||
| Q3 24 | $17.4B | $2.6B | ||
| Q2 24 | $16.4B | $2.4B | ||
| Q1 24 | $16.2B | $2.4B |
总资产LMATX
| Q4 25 | $86.3B | $4.6B | ||
| Q3 25 | $85.9B | $4.6B | ||
| Q2 25 | $84.7B | $4.5B | ||
| Q1 25 | $83.1B | $4.5B | ||
| Q4 24 | $81.9B | $4.6B | ||
| Q3 24 | $83.6B | $4.4B | ||
| Q2 24 | $81.1B | $4.3B | ||
| Q1 24 | $80.9B | $4.2B |
负债/权益比LMATX
| Q4 25 | 0.45× | 0.13× | ||
| Q3 25 | 0.46× | 0.14× | ||
| Q2 25 | 0.45× | 0.13× | ||
| Q1 25 | 0.49× | 0.13× | ||
| Q4 24 | 0.52× | 0.14× | ||
| Q3 24 | 0.51× | 0.15× | ||
| Q2 24 | 0.52× | 0.16× | ||
| Q1 24 | 0.52× | 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 | $617.0M | $176.9M |
| 自由现金流经营现金流 - 资本支出 | $426.0M | $42.2M |
| 自由现金流率自由现金流/营收 | 51.5% | 5.0% |
| 资本支出强度资本支出/营收 | 23.1% | 15.8% |
| 现金转化率经营现金流/净利润 | 1.53× | 1.24× |
| 过去12个月自由现金流最近4个季度 | $2.7B | $153.7M |
8季度趋势，按日历期对齐
经营现金流LMATX
| Q4 25 | $617.0M | $176.9M | ||
| Q3 25 | $920.0M | $175.6M | ||
| Q2 25 | $1.0B | $105.6M | ||
| Q1 25 | $736.0M | $89.0M | ||
| Q4 24 | $941.0M | $174.7M | ||
| Q3 24 | $934.0M | $248.6M | ||
| Q2 24 | $952.0M | $307.9M | ||
| Q1 24 | $198.0M | $36.6M |
自由现金流LMATX
| Q4 25 | $426.0M | $42.2M | ||
| Q3 25 | $764.0M | $92.4M | ||
| Q2 25 | $872.0M | $19.3M | ||
| Q1 25 | $638.0M | $-200.0K | ||
| Q4 24 | $767.0M | $49.3M | ||
| Q3 24 | $794.0M | $189.0M | ||
| Q2 24 | $793.0M | $238.1M | ||
| Q1 24 | $39.0M | $-18.7M |
自由现金流率LMATX
| Q4 25 | 51.5% | 5.0% | ||
| Q3 25 | 104.4% | 10.5% | ||
| Q2 25 | 113.4% | 2.3% | ||
| Q1 25 | 75.4% | -0.0% | ||
| Q4 24 | 97.2% | 5.5% | ||
| Q3 24 | 116.3% | 19.6% | ||
| Q2 24 | 111.5% | 28.1% | ||
| Q1 24 | 5.5% | -2.6% |
资本支出强度LMATX
| Q4 25 | 23.1% | 15.8% | ||
| Q3 25 | 21.3% | 9.5% | ||
| Q2 25 | 17.4% | 10.4% | ||
| Q1 25 | 11.6% | 11.4% | ||
| Q4 24 | 22.1% | 14.1% | ||
| Q3 24 | 20.5% | 6.2% | ||
| Q2 24 | 22.4% | 8.2% | ||
| Q1 24 | 22.4% | 7.7% |
现金转化率LMATX
| Q4 25 | 1.53× | 1.24× | ||
| Q3 25 | 1.83× | 1.30× | ||
| Q2 25 | 2.57× | 1.12× | ||
| Q1 25 | 1.99× | 1.23× | ||
| Q4 24 | 5.03× | 1.36× | ||
| Q3 24 | 2.33× | 1.25× | ||
| Q2 24 | 2.58× | 2.72× | ||
| Q1 24 | 0.43× | 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
L
| Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services | $601.0M | 73% |
| Lodging And Related Services | $226.0M | 27% |
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
