vs
Lucid Group, Inc.（LCID）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
Lucid Group, Inc.的季度营收约是Mativ Holdings, Inc.的1.1倍（$522.7M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs -155.7%，领先177.5%），Lucid Group, Inc.同比增速更快（122.9% vs 1.0%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-1.2B），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs -3.8%）
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
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。
LCID vs MATV — 直观对比
营收规模更大
LCID
是对方的1.1倍
$463.1M
营收增速更快
LCID
高出122.0%
1.0%
净利率更高
MATV
高出177.5%
-155.7%
自由现金流更多
MATV
多$1.2B
$-1.2B
两年增速更快
LCID
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $463.1M |
| 净利润 | $-814.0M | $100.8M |
| 毛利率 | -80.7% | 18.8% |
| 营业利润率 | -203.7% | 2.2% |
| 净利率 | -155.7% | 21.8% |
| 营收同比 | 122.9% | 1.0% |
| 净利润同比 | -104.9% | 6620.0% |
| 每股收益（稀释后） | $-8.26 | $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LCIDMATV
| Q4 25 | $522.7M | $463.1M | ||
| Q3 25 | $336.6M | $513.7M | ||
| Q2 25 | $259.4M | $525.4M | ||
| Q1 25 | $235.0M | $484.8M | ||
| Q4 24 | $234.5M | $458.6M | ||
| Q3 24 | $200.0M | $498.5M | ||
| Q2 24 | $200.6M | $523.8M | ||
| Q1 24 | $172.7M | $500.2M |
净利润LCIDMATV
| Q4 25 | $-814.0M | $100.8M | ||
| Q3 25 | $-978.4M | $-3.2M | ||
| Q2 25 | $-539.4M | $-9.5M | ||
| Q1 25 | $-366.2M | $-425.5M | ||
| Q4 24 | $-397.2M | $1.5M | ||
| Q3 24 | $-992.5M | $-20.8M | ||
| Q2 24 | $-643.4M | $-1.4M | ||
| Q1 24 | $-680.9M | $-28.0M |
毛利率LCIDMATV
| Q4 25 | -80.7% | 18.8% | ||
| Q3 25 | -99.1% | 19.3% | ||
| Q2 25 | -105.0% | 19.7% | ||
| Q1 25 | -97.2% | 15.0% | ||
| Q4 24 | -89.0% | 16.9% | ||
| Q3 24 | -106.2% | 18.8% | ||
| Q2 24 | -134.5% | 20.8% | ||
| Q1 24 | -134.3% | 16.8% |
营业利润率LCIDMATV
| Q4 25 | -203.7% | 2.2% | ||
| Q3 25 | -279.9% | 3.1% | ||
| Q2 25 | -309.5% | 3.8% | ||
| Q1 25 | -294.4% | -88.8% | ||
| Q4 24 | -312.6% | 0.6% | ||
| Q3 24 | -385.2% | 1.4% | ||
| Q2 24 | -392.6% | 2.0% | ||
| Q1 24 | -422.6% | -2.8% |
净利率LCIDMATV
| Q4 25 | -155.7% | 21.8% | ||
| Q3 25 | -290.7% | -0.6% | ||
| Q2 25 | -207.9% | -1.8% | ||
| Q1 25 | -155.8% | -87.8% | ||
| Q4 24 | -169.4% | 0.3% | ||
| Q3 24 | -496.1% | -4.2% | ||
| Q2 24 | -320.8% | -0.3% | ||
| Q1 24 | -394.2% | -5.6% |
每股收益（稀释后）LCIDMATV
| Q4 25 | $-8.26 | $1.87 | ||
| Q3 25 | $-3.31 | $-0.06 | ||
| Q2 25 | $-0.28 | $-0.18 | ||
| Q1 25 | $-0.24 | $-7.82 | ||
| Q4 24 | $-0.20 | $0.03 | ||
| Q3 24 | $-0.41 | $-0.38 | ||
| Q2 24 | $-0.34 | $-0.03 | ||
| Q1 24 | $-0.30 | $-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 | $1.6B | $84.2M |
| 总债务越低越好 | — | $1.0B |
| 股东权益账面价值 | $717.3M | $498.7M |
| 总资产 | $8.4B | $2.1B |
| 负债/权益比越低杠杆越低 | — | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资LCIDMATV
| Q4 25 | $1.6B | $84.2M | ||
| Q3 25 | $2.3B | $97.1M | ||
| Q2 25 | $2.8B | $95.6M | ||
| Q1 25 | $3.6B | $84.0M | ||
| Q4 24 | $4.0B | $94.3M | ||
| Q3 24 | $3.5B | $162.2M | ||
| Q2 24 | $3.2B | $133.4M | ||
| Q1 24 | $4.0B | $128.9M |
总债务LCIDMATV
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
股东权益LCIDMATV
| Q4 25 | $717.3M | $498.7M | ||
| Q3 25 | $1.8B | $397.4M | ||
| Q2 25 | $2.4B | $416.6M | ||
| Q1 25 | $3.2B | $428.2M | ||
| Q4 24 | $3.9B | $858.5M | ||
| Q3 24 | $2.7B | $882.3M | ||
| Q2 24 | $3.5B | $898.0M | ||
| Q1 24 | $4.2B | $906.9M |
总资产LCIDMATV
| Q4 25 | $8.4B | $2.1B | ||
| Q3 25 | $8.8B | $2.0B | ||
| Q2 25 | $8.9B | $2.1B | ||
| Q1 25 | $9.2B | $2.1B | ||
| Q4 24 | $9.6B | $2.4B | ||
| Q3 24 | $8.5B | $2.6B | ||
| Q2 24 | $8.2B | $2.6B | ||
| Q1 24 | $8.9B | $2.7B |
负债/权益比LCIDMATV
| Q4 25 | — | 2.07× | ||
| Q3 25 | — | 2.63× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 2.67× | ||
| Q4 24 | — | 1.30× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | — | 1.29× | ||
| Q1 24 | — | 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 | $-916.4M | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | $8.0M |
| 自由现金流率自由现金流/营收 | -237.6% | 1.7% |
| 资本支出强度资本支出/营收 | 62.3% | 2.4% |
| 现金转化率经营现金流/净利润 | — | 0.19× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | $93.8M |
8季度趋势，按日历期对齐
经营现金流LCIDMATV
| Q4 25 | $-916.4M | $19.3M | ||
| Q3 25 | $-756.6M | $72.8M | ||
| Q2 25 | $-830.2M | $57.6M | ||
| Q1 25 | $-428.6M | $-15.9M | ||
| Q4 24 | $-533.1M | $24.1M | ||
| Q3 24 | $-462.8M | $37.6M | ||
| Q2 24 | $-507.0M | $46.1M | ||
| Q1 24 | $-516.7M | $-13.0M |
自由现金流LCIDMATV
| Q4 25 | $-1.2B | $8.0M | ||
| Q3 25 | $-955.5M | $66.7M | ||
| Q2 25 | $-1.0B | $48.9M | ||
| Q1 25 | $-589.9M | $-29.8M | ||
| Q4 24 | $-824.8M | $2.0M | ||
| Q3 24 | $-622.5M | $25.5M | ||
| Q2 24 | $-741.3M | $37.4M | ||
| Q1 24 | $-714.9M | $-25.1M |
自由现金流率LCIDMATV
| Q4 25 | -237.6% | 1.7% | ||
| Q3 25 | -283.9% | 13.0% | ||
| Q2 25 | -390.4% | 9.3% | ||
| Q1 25 | -251.0% | -6.1% | ||
| Q4 24 | -351.8% | 0.4% | ||
| Q3 24 | -311.2% | 5.1% | ||
| Q2 24 | -369.6% | 7.1% | ||
| Q1 24 | -413.9% | -5.0% |
资本支出强度LCIDMATV
| Q4 25 | 62.3% | 2.4% | ||
| Q3 25 | 59.1% | 1.2% | ||
| Q2 25 | 70.4% | 1.7% | ||
| Q1 25 | 68.6% | 2.9% | ||
| Q4 24 | 124.4% | 4.8% | ||
| Q3 24 | 79.8% | 2.4% | ||
| Q2 24 | 116.8% | 1.7% | ||
| Q1 24 | 114.7% | 2.4% |
现金转化率LCIDMATV
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 16.07× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
