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美泰（MAT）与MUELLER INDUSTRIES INC（MLI）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是美泰的1.1倍（$962.4M vs $862.2M），MUELLER INDUSTRIES INC净利率更高（16.0% vs 7.1%，领先8.9%），美泰同比增速更快（4.3% vs 4.2%），MUELLER INDUSTRIES INC自由现金流更多（$121.4M vs $-88.1M），过去两年MUELLER INDUSTRIES INC的营收复合增速更高（6.4% 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。
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
MAT vs MLI — 直观对比
营收规模更大
MLI
是对方的1.1倍
$862.2M
营收增速更快
MAT
高出0.1%
4.2%
净利率更高
MLI
高出8.9%
7.1%
自由现金流更多
MLI
多$209.5M
$-88.1M
两年增速更快
MLI
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $962.4M |
| 净利润 | $61.0M | $153.7M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 17.9% |
| 净利率 | 7.1% | 16.0% |
| 营收同比 | 4.3% | 4.2% |
| 净利润同比 | 251.4% | 11.7% |
| 每股收益（稀释后） | $0.20 | $1.37 |
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MATMLI
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $962.4M | ||
| Q3 25 | $1.7B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $826.6M | $1.0B | ||
| Q4 24 | $1.6B | $923.5M | ||
| Q3 24 | $1.8B | $997.8M | ||
| Q2 24 | $1.1B | $997.7M |
净利润MATMLI
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $153.7M | ||
| Q3 25 | $278.4M | $208.1M | ||
| Q2 25 | $53.4M | $245.9M | ||
| Q1 25 | $-40.3M | $157.4M | ||
| Q4 24 | $140.9M | $137.7M | ||
| Q3 24 | $372.4M | $168.7M | ||
| Q2 24 | $56.9M | $160.2M |
毛利率MATMLI
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | — | ||
| Q2 25 | 50.9% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | 27.6% | ||
| Q2 24 | 49.2% | 27.3% |
营业利润率MATMLI
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 17.9% | ||
| Q3 25 | 21.9% | 25.6% | ||
| Q2 25 | 7.7% | 26.7% | ||
| Q1 25 | -6.4% | 20.6% | ||
| Q4 24 | 9.6% | 18.4% | ||
| Q3 24 | 26.5% | 20.7% | ||
| Q2 24 | 7.7% | 21.0% |
净利率MATMLI
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 16.0% | ||
| Q3 25 | 16.0% | 19.3% | ||
| Q2 25 | 5.2% | 21.6% | ||
| Q1 25 | -4.9% | 15.7% | ||
| Q4 24 | 8.6% | 14.9% | ||
| Q3 24 | 20.2% | 16.9% | ||
| Q2 24 | 5.3% | 16.1% |
每股收益（稀释后）MATMLI
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $1.37 | ||
| Q3 25 | $0.88 | $1.88 | ||
| Q2 25 | $0.16 | $2.22 | ||
| Q1 25 | $-0.12 | $1.39 | ||
| Q4 24 | $0.40 | $1.21 | ||
| Q3 24 | $1.09 | $1.48 | ||
| Q2 24 | $0.17 | $1.41 |
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 | $1.4B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $3.2B |
| 总资产 | $6.3B | $3.7B |
| 负债/权益比越低杠杆越低 | 1.11× | — |
8季度趋势，按日历期对齐
现金及短期投资MATMLI
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $691.9M | $1.3B | ||
| Q2 25 | $870.5M | $1.1B | ||
| Q1 25 | $1.2B | $873.6M | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $723.5M | $969.6M | ||
| Q2 24 | $722.4M | $825.7M |
总债务MATMLI
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATMLI
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $3.2B | ||
| Q3 25 | $2.3B | $3.1B | ||
| Q2 25 | $2.2B | $2.9B | ||
| Q1 25 | $2.1B | $2.7B | ||
| Q4 24 | $2.3B | $2.8B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | $2.0B | $2.5B |
总资产MATMLI
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $3.7B | ||
| Q3 25 | $6.6B | $3.7B | ||
| Q2 25 | $6.2B | $3.5B | ||
| Q1 25 | $6.2B | $3.2B | ||
| Q4 24 | $6.5B | $3.3B | ||
| Q3 24 | $6.5B | $3.2B | ||
| Q2 24 | $5.9B | $3.1B |
负债/权益比MATMLI
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | — | ||
| Q2 24 | 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 | — | $141.2M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $121.4M |
| 自由现金流率自由现金流/营收 | -10.2% | 12.6% |
| 资本支出强度资本支出/营收 | 7.6% | 2.1% |
| 现金转化率经营现金流/净利润 | — | 0.92× |
| 过去12个月自由现金流最近4个季度 | — | $686.6M |
8季度趋势，按日历期对齐
经营现金流MATMLI
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $141.2M | ||
| Q3 25 | $72.0M | $310.1M | ||
| Q2 25 | $-300.1M | $190.6M | ||
| Q1 25 | $24.8M | $113.6M | ||
| Q4 24 | $862.1M | $140.1M | ||
| Q3 24 | $155.8M | $231.4M | ||
| Q2 24 | $-252.9M | $100.8M |
自由现金流MATMLI
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $121.4M | ||
| Q3 25 | — | $291.8M | ||
| Q2 25 | — | $176.5M | ||
| Q1 25 | — | $97.0M | ||
| Q4 24 | — | $111.2M | ||
| Q3 24 | — | $205.7M | ||
| Q2 24 | — | $91.6M |
自由现金流率MATMLI
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 27.1% | ||
| Q2 25 | — | 15.5% | ||
| Q1 25 | — | 9.7% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 9.2% |
资本支出强度MATMLI
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 1.7% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.1% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 0.9% |
现金转化率MATMLI
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 0.92× | ||
| Q3 25 | 0.26× | 1.49× | ||
| Q2 25 | -5.62× | 0.78× | ||
| Q1 25 | — | 0.72× | ||
| Q4 24 | 6.12× | 1.02× | ||
| Q3 24 | 0.42× | 1.37× | ||
| Q2 24 | -4.45× | 0.63× |
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
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
