vs
美泰（MAT）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
美泰的季度营收约是Mativ Holdings, Inc.的1.9倍（$862.2M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 7.1%，领先14.7%），美泰同比增速更快（4.3% vs 1.0%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-88.1M），过去两年Mativ Holdings, Inc.的营收复合增速更高（-3.8% vs -10.6%）
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。
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。
MAT vs MATV — 直观对比
营收规模更大
MAT
是对方的1.9倍
$463.1M
营收增速更快
MAT
高出3.3%
1.0%
净利率更高
MATV
高出14.7%
7.1%
自由现金流更多
MATV
多$96.1M
$-88.1M
两年增速更快
MATV
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $463.1M |
| 净利润 | $61.0M | $100.8M |
| 毛利率 | 44.9% | 18.8% |
| 营业利润率 | — | 2.2% |
| 净利率 | 7.1% | 21.8% |
| 营收同比 | 4.3% | 1.0% |
| 净利润同比 | 251.4% | 6620.0% |
| 每股收益（稀释后） | $0.20 | $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MATMATV
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $463.1M | ||
| Q3 25 | $1.7B | $513.7M | ||
| Q2 25 | $1.0B | $525.4M | ||
| Q1 25 | $826.6M | $484.8M | ||
| Q4 24 | $1.6B | $458.6M | ||
| Q3 24 | $1.8B | $498.5M | ||
| Q2 24 | $1.1B | $523.8M |
净利润MATMATV
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $100.8M | ||
| Q3 25 | $278.4M | $-3.2M | ||
| Q2 25 | $53.4M | $-9.5M | ||
| Q1 25 | $-40.3M | $-425.5M | ||
| Q4 24 | $140.9M | $1.5M | ||
| Q3 24 | $372.4M | $-20.8M | ||
| Q2 24 | $56.9M | $-1.4M |
毛利率MATMATV
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 18.8% | ||
| Q3 25 | 50.0% | 19.3% | ||
| Q2 25 | 50.9% | 19.7% | ||
| Q1 25 | 49.4% | 15.0% | ||
| Q4 24 | 50.7% | 16.9% | ||
| Q3 24 | 53.1% | 18.8% | ||
| Q2 24 | 49.2% | 20.8% |
营业利润率MATMATV
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 2.2% | ||
| Q3 25 | 21.9% | 3.1% | ||
| Q2 25 | 7.7% | 3.8% | ||
| Q1 25 | -6.4% | -88.8% | ||
| Q4 24 | 9.6% | 0.6% | ||
| Q3 24 | 26.5% | 1.4% | ||
| Q2 24 | 7.7% | 2.0% |
净利率MATMATV
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 21.8% | ||
| Q3 25 | 16.0% | -0.6% | ||
| Q2 25 | 5.2% | -1.8% | ||
| Q1 25 | -4.9% | -87.8% | ||
| Q4 24 | 8.6% | 0.3% | ||
| Q3 24 | 20.2% | -4.2% | ||
| Q2 24 | 5.3% | -0.3% |
每股收益（稀释后）MATMATV
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $1.87 | ||
| Q3 25 | $0.88 | $-0.06 | ||
| Q2 25 | $0.16 | $-0.18 | ||
| Q1 25 | $-0.12 | $-7.82 | ||
| Q4 24 | $0.40 | $0.03 | ||
| Q3 24 | $1.09 | $-0.38 | ||
| Q2 24 | $0.17 | $-0.03 |
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 | $866.0M | $84.2M |
| 总债务越低越好 | $2.3B | $1.0B |
| 股东权益账面价值 | $2.1B | $498.7M |
| 总资产 | $6.3B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.11× | 2.07× |
8季度趋势，按日历期对齐
现金及短期投资MATMATV
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $84.2M | ||
| Q3 25 | $691.9M | $97.1M | ||
| Q2 25 | $870.5M | $95.6M | ||
| Q1 25 | $1.2B | $84.0M | ||
| Q4 24 | $1.4B | $94.3M | ||
| Q3 24 | $723.5M | $162.2M | ||
| Q2 24 | $722.4M | $133.4M |
总债务MATMATV
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $1.0B | ||
| Q3 25 | $2.3B | $1.0B | ||
| Q2 25 | $2.3B | $1.1B | ||
| Q1 25 | $2.3B | $1.1B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $2.3B | $1.2B |
股东权益MATMATV
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $498.7M | ||
| Q3 25 | $2.3B | $397.4M | ||
| Q2 25 | $2.2B | $416.6M | ||
| Q1 25 | $2.1B | $428.2M | ||
| Q4 24 | $2.3B | $858.5M | ||
| Q3 24 | $2.3B | $882.3M | ||
| Q2 24 | $2.0B | $898.0M |
总资产MATMATV
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $2.1B | ||
| Q3 25 | $6.6B | $2.0B | ||
| Q2 25 | $6.2B | $2.1B | ||
| Q1 25 | $6.2B | $2.1B | ||
| Q4 24 | $6.5B | $2.4B | ||
| Q3 24 | $6.5B | $2.6B | ||
| Q2 24 | $5.9B | $2.6B |
负债/权益比MATMATV
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 2.07× | ||
| Q3 25 | 1.03× | 2.63× | ||
| Q2 25 | 1.08× | 2.66× | ||
| Q1 25 | 1.10× | 2.67× | ||
| Q4 24 | 1.03× | 1.30× | ||
| Q3 24 | 1.01× | 1.32× | ||
| Q2 24 | 1.18× | 1.29× |
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 | — | $19.3M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $8.0M |
| 自由现金流率自由现金流/营收 | -10.2% | 1.7% |
| 资本支出强度资本支出/营收 | 7.6% | 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 | — | $93.8M |
8季度趋势，按日历期对齐
经营现金流MATMATV
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $19.3M | ||
| Q3 25 | $72.0M | $72.8M | ||
| Q2 25 | $-300.1M | $57.6M | ||
| Q1 25 | $24.8M | $-15.9M | ||
| Q4 24 | $862.1M | $24.1M | ||
| Q3 24 | $155.8M | $37.6M | ||
| Q2 24 | $-252.9M | $46.1M |
自由现金流MATMATV
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $66.7M | ||
| Q2 25 | — | $48.9M | ||
| Q1 25 | — | $-29.8M | ||
| Q4 24 | — | $2.0M | ||
| Q3 24 | — | $25.5M | ||
| Q2 24 | — | $37.4M |
自由现金流率MATMATV
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 1.7% | ||
| Q3 25 | — | 13.0% | ||
| Q2 25 | — | 9.3% | ||
| Q1 25 | — | -6.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 5.1% | ||
| Q2 24 | — | 7.1% |
资本支出强度MATMATV
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 4.8% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.7% |
现金转化率MATMATV
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 0.19× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 16.07× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | -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
MAT
暂无分部数据
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
