vs
力特（LFUS）与美泰（MAT）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是力特的1.5倍（$862.2M vs $593.9M），美泰净利率更高（7.1% vs -40.8%，领先47.8%），力特同比增速更快（12.2% vs 4.3%），力特自由现金流更多（$119.7M vs $-88.1M），过去两年力特的营收复合增速更高（5.3% vs -10.6%）
力特是全球领先的电路保护、传感及控制组件制造商，主营保险丝、半导体保护器件、功率开关、传感器、断路器等产品，服务汽车、工业电子、消费电子、通信及可再生能源等领域，为全球客户提供提升设备安全可靠性的解决方案。
美泰是美国知名玩具及娱乐企业，旗下影视制作部门美泰影业运营时间为2018年9月6日至2025年6月2日。其前身为2013年10月16日成立的美泰Playground Productions，更早可追溯至美泰娱乐、美泰工作室等集团原有娱乐业务品牌。
LFUS vs MAT — 直观对比
营收规模更大
MAT
是对方的1.5倍
$593.9M
营收增速更快
LFUS
高出7.9%
4.3%
净利率更高
MAT
高出47.8%
-40.8%
自由现金流更多
LFUS
多$207.8M
$-88.1M
两年增速更快
LFUS
近两年复合增速
-10.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $593.9M | $862.2M |
| 净利润 | $-242.1M | $61.0M |
| 毛利率 | 38.0% | 44.9% |
| 营业利润率 | -37.5% | — |
| 净利率 | -40.8% | 7.1% |
| 营收同比 | 12.2% | 4.3% |
| 净利润同比 | -367.6% | 251.4% |
| 每股收益（稀释后） | $-9.71 | $0.20 |
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LFUSMAT
| Q1 26 | — | $862.2M | ||
| Q4 25 | $593.9M | $1.8B | ||
| Q3 25 | $624.6M | $1.7B | ||
| Q2 25 | $613.4M | $1.0B | ||
| Q1 25 | $554.3M | $826.6M | ||
| Q4 24 | $529.5M | $1.6B | ||
| Q3 24 | $567.4M | $1.8B | ||
| Q2 24 | $558.5M | $1.1B |
净利润LFUSMAT
| Q1 26 | — | $61.0M | ||
| Q4 25 | $-242.1M | $106.2M | ||
| Q3 25 | $69.5M | $278.4M | ||
| Q2 25 | $57.3M | $53.4M | ||
| Q1 25 | $43.6M | $-40.3M | ||
| Q4 24 | $-51.8M | $140.9M | ||
| Q3 24 | $58.1M | $372.4M | ||
| Q2 24 | $45.5M | $56.9M |
毛利率LFUSMAT
| Q1 26 | — | 44.9% | ||
| Q4 25 | 38.0% | 45.9% | ||
| Q3 25 | 38.6% | 50.0% | ||
| Q2 25 | 37.8% | 50.9% | ||
| Q1 25 | 37.4% | 49.4% | ||
| Q4 24 | 33.4% | 50.7% | ||
| Q3 24 | 38.1% | 53.1% | ||
| Q2 24 | 37.1% | 49.2% |
营业利润率LFUSMAT
| Q1 26 | — | — | ||
| Q4 25 | -37.5% | 8.0% | ||
| Q3 25 | 15.6% | 21.9% | ||
| Q2 25 | 15.1% | 7.7% | ||
| Q1 25 | 12.7% | -6.4% | ||
| Q4 24 | -9.3% | 9.6% | ||
| Q3 24 | 15.5% | 26.5% | ||
| Q2 24 | 11.7% | 7.7% |
净利率LFUSMAT
| Q1 26 | — | 7.1% | ||
| Q4 25 | -40.8% | 6.0% | ||
| Q3 25 | 11.1% | 16.0% | ||
| Q2 25 | 9.3% | 5.2% | ||
| Q1 25 | 7.9% | -4.9% | ||
| Q4 24 | -9.8% | 8.6% | ||
| Q3 24 | 10.2% | 20.2% | ||
| Q2 24 | 8.1% | 5.3% |
每股收益（稀释后）LFUSMAT
| Q1 26 | — | $0.20 | ||
| Q4 25 | $-9.71 | $0.32 | ||
| Q3 25 | $2.77 | $0.88 | ||
| Q2 25 | $2.30 | $0.16 | ||
| Q1 25 | $1.75 | $-0.12 | ||
| Q4 24 | $-2.07 | $0.40 | ||
| Q3 24 | $2.32 | $1.09 | ||
| Q2 24 | $1.82 | $0.17 |
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 | $563.7M | $866.0M |
| 总债务越低越好 | $802.6M | $2.3B |
| 股东权益账面价值 | $2.4B | $2.1B |
| 总资产 | $4.0B | $6.3B |
| 负债/权益比越低杠杆越低 | 0.33× | 1.11× |
8季度趋势，按日历期对齐
现金及短期投资LFUSMAT
| Q1 26 | — | $866.0M | ||
| Q4 25 | $563.7M | $1.2B | ||
| Q3 25 | $815.0M | $691.9M | ||
| Q2 25 | $685.5M | $870.5M | ||
| Q1 25 | $619.7M | $1.2B | ||
| Q4 24 | $725.9M | $1.4B | ||
| Q3 24 | $630.7M | $723.5M | ||
| Q2 24 | $562.7M | $722.4M |
总债务LFUSMAT
| Q1 26 | — | $2.3B | ||
| Q4 25 | $802.6M | $2.3B | ||
| Q3 25 | $805.8M | $2.3B | ||
| Q2 25 | $810.2M | $2.3B | ||
| Q1 25 | $805.7M | $2.3B | ||
| Q4 24 | $856.1M | $2.3B | ||
| Q3 24 | $867.7M | $2.3B | ||
| Q2 24 | $863.5M | $2.3B |
股东权益LFUSMAT
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.4B | $2.2B | ||
| Q3 25 | $2.7B | $2.3B | ||
| Q2 25 | $2.6B | $2.2B | ||
| Q1 25 | $2.5B | $2.1B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.6B | $2.3B | ||
| Q2 24 | $2.5B | $2.0B |
总资产LFUSMAT
| Q1 26 | — | $6.3B | ||
| Q4 25 | $4.0B | $6.6B | ||
| Q3 25 | $4.2B | $6.6B | ||
| Q2 25 | $4.1B | $6.2B | ||
| Q1 25 | $3.9B | $6.2B | ||
| Q4 24 | $3.9B | $6.5B | ||
| Q3 24 | $4.1B | $6.5B | ||
| Q2 24 | $3.9B | $5.9B |
负债/权益比LFUSMAT
| Q1 26 | — | 1.11× | ||
| Q4 25 | 0.33× | 1.04× | ||
| Q3 25 | 0.30× | 1.03× | ||
| Q2 25 | 0.31× | 1.08× | ||
| Q1 25 | 0.33× | 1.10× | ||
| Q4 24 | 0.35× | 1.03× | ||
| Q3 24 | 0.34× | 1.01× | ||
| Q2 24 | 0.35× | 1.18× |
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 | $138.7M | — |
| 自由现金流经营现金流 - 资本支出 | $119.7M | $-88.1M |
| 自由现金流率自由现金流/营收 | 20.2% | -10.2% |
| 资本支出强度资本支出/营收 | 3.2% | 7.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $366.1M | — |
8季度趋势，按日历期对齐
经营现金流LFUSMAT
| Q1 26 | — | — | ||
| Q4 25 | $138.7M | $796.6M | ||
| Q3 25 | $146.9M | $72.0M | ||
| Q2 25 | $82.5M | $-300.1M | ||
| Q1 25 | $65.8M | $24.8M | ||
| Q4 24 | $160.6M | $862.1M | ||
| Q3 24 | $80.4M | $155.8M | ||
| Q2 24 | $69.4M | $-252.9M |
自由现金流LFUSMAT
| Q1 26 | — | $-88.1M | ||
| Q4 25 | $119.7M | — | ||
| Q3 25 | $131.2M | — | ||
| Q2 25 | $72.6M | — | ||
| Q1 25 | $42.7M | — | ||
| Q4 24 | $134.8M | — | ||
| Q3 24 | $65.0M | — | ||
| Q2 24 | $50.3M | — |
自由现金流率LFUSMAT
| Q1 26 | — | -10.2% | ||
| Q4 25 | 20.2% | — | ||
| Q3 25 | 21.0% | — | ||
| Q2 25 | 11.8% | — | ||
| Q1 25 | 7.7% | — | ||
| Q4 24 | 25.5% | — | ||
| Q3 24 | 11.5% | — | ||
| Q2 24 | 9.0% | — |
资本支出强度LFUSMAT
| Q1 26 | — | 7.6% | ||
| Q4 25 | 3.2% | — | ||
| Q3 25 | 2.5% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 2.7% | — | ||
| Q2 24 | 3.4% | — |
现金转化率LFUSMAT
| Q1 26 | — | — | ||
| Q4 25 | — | 7.50× | ||
| Q3 25 | 2.11× | 0.26× | ||
| Q2 25 | 1.44× | -5.62× | ||
| Q1 25 | 1.51× | — | ||
| Q4 24 | — | 6.12× | ||
| Q3 24 | 1.39× | 0.42× | ||
| Q2 24 | 1.53× | -4.45× |
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
LFUS
| Electronics Passive Products And Sensors | $174.9M | 29% |
| Electronics Semiconductor | $170.3M | 29% |
| Industrial Products | $85.0M | 14% |
| Commercial Vehicle Products | $76.2M | 13% |
| Passenger Car Products | $72.8M | 12% |
| Automotive Sensors | $14.7M | 2% |
| Dortmund Fab | $12.5M | 2% |
MAT
暂无分部数据
