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美泰（MAT）与M&T Bank（MTB）财务数据对比。点击上方公司名可切换其他公司
M&T Bank的季度营收约是美泰的1.4倍（$2.5B vs $1.8B），M&T Bank净利率更高（30.7% vs 6.0%，领先24.7%），美泰同比增速更快（7.3% vs 3.8%），过去两年美泰的营收复合增速更高（47.7% vs 4.6%）
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。
M&T银行是总部位于美国纽约州布法罗的银行控股企业，业务覆盖美国东部从缅因州到弗吉尼亚州的12个州及华盛顿特区，运营超过950家线下网点。其控股主体1998年5月前名为第一帝国州公司，之后更为现名。
MAT vs MTB — 直观对比
营收规模更大
MTB
是对方的1.4倍
$1.8B
营收增速更快
MAT
高出3.5%
3.8%
净利率更高
MTB
高出24.7%
6.0%
两年增速更快
MAT
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $2.5B |
| 净利润 | $106.2M | $759.0M |
| 毛利率 | 45.9% | — |
| 营业利润率 | 8.0% | 39.2% |
| 净利率 | 6.0% | 30.7% |
| 营收同比 | 7.3% | 3.8% |
| 净利润同比 | -24.6% | 11.5% |
| 每股收益（稀释后） | $0.32 | $4.62 |
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MATMTB
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $1.7B | $2.5B | ||
| Q2 25 | $1.0B | $2.4B | ||
| Q1 25 | $826.6M | $2.3B | ||
| Q4 24 | $1.6B | $2.4B | ||
| Q3 24 | $1.8B | $2.3B | ||
| Q2 24 | $1.1B | $2.3B | ||
| Q1 24 | $809.5M | $2.3B |
净利润MATMTB
| Q4 25 | $106.2M | $759.0M | ||
| Q3 25 | $278.4M | $792.0M | ||
| Q2 25 | $53.4M | $716.0M | ||
| Q1 25 | $-40.3M | $584.0M | ||
| Q4 24 | $140.9M | $681.0M | ||
| Q3 24 | $372.4M | $721.0M | ||
| Q2 24 | $56.9M | $655.0M | ||
| Q1 24 | $-28.3M | $531.0M |
毛利率MATMTB
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | — | ||
| Q2 25 | 50.9% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | — | ||
| Q2 24 | 49.2% | — | ||
| Q1 24 | 48.0% | — |
营业利润率MATMTB
| Q4 25 | 8.0% | 39.2% | ||
| Q3 25 | 21.9% | 40.8% | ||
| Q2 25 | 7.7% | 39.0% | ||
| Q1 25 | -6.4% | 33.0% | ||
| Q4 24 | 9.6% | 37.0% | ||
| Q3 24 | 26.5% | 39.0% | ||
| Q2 24 | 7.7% | 37.1% | ||
| Q1 24 | -4.4% | 29.4% |
净利率MATMTB
| Q4 25 | 6.0% | 30.7% | ||
| Q3 25 | 16.0% | 31.5% | ||
| Q2 25 | 5.2% | 29.9% | ||
| Q1 25 | -4.9% | 25.3% | ||
| Q4 24 | 8.6% | 28.6% | ||
| Q3 24 | 20.2% | 30.9% | ||
| Q2 24 | 5.3% | 28.5% | ||
| Q1 24 | -3.5% | 23.5% |
每股收益（稀释后）MATMTB
| Q4 25 | $0.32 | $4.62 | ||
| Q3 25 | $0.88 | $4.82 | ||
| Q2 25 | $0.16 | $4.24 | ||
| Q1 25 | $-0.12 | $3.32 | ||
| Q4 24 | $0.40 | $3.87 | ||
| Q3 24 | $1.09 | $4.02 | ||
| Q2 24 | $0.17 | $3.73 | ||
| Q1 24 | $-0.08 | $3.02 |
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 | $1.2B | — |
| 总债务越低越好 | $2.3B | $10.9B |
| 股东权益账面价值 | $2.2B | $29.2B |
| 总资产 | $6.6B | $213.5B |
| 负债/权益比越低杠杆越低 | 1.04× | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资MATMTB
| Q4 25 | $1.2B | — | ||
| Q3 25 | $691.9M | — | ||
| Q2 25 | $870.5M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | — | ||
| Q2 24 | $722.4M | — | ||
| Q1 24 | $1.1B | — |
总债务MATMTB
| Q4 25 | $2.3B | $10.9B | ||
| Q3 25 | $2.3B | $12.9B | ||
| Q2 25 | $2.3B | $12.4B | ||
| Q1 25 | $2.3B | $10.5B | ||
| Q4 24 | $2.3B | $12.6B | ||
| Q3 24 | $2.3B | $11.6B | ||
| Q2 24 | $2.3B | $11.3B | ||
| Q1 24 | $2.3B | $11.4B |
股东权益MATMTB
| Q4 25 | $2.2B | $29.2B | ||
| Q3 25 | $2.3B | $28.7B | ||
| Q2 25 | $2.2B | $28.5B | ||
| Q1 25 | $2.1B | $29.0B | ||
| Q4 24 | $2.3B | $29.0B | ||
| Q3 24 | $2.3B | $28.9B | ||
| Q2 24 | $2.0B | $28.4B | ||
| Q1 24 | $2.0B | $27.2B |
总资产MATMTB
| Q4 25 | $6.6B | $213.5B | ||
| Q3 25 | $6.6B | $211.3B | ||
| Q2 25 | $6.2B | $211.6B | ||
| Q1 25 | $6.2B | $210.3B | ||
| Q4 24 | $6.5B | $208.1B | ||
| Q3 24 | $6.5B | $211.8B | ||
| Q2 24 | $5.9B | $208.9B | ||
| Q1 24 | $6.1B | $215.1B |
负债/权益比MATMTB
| Q4 25 | 1.04× | 0.37× | ||
| Q3 25 | 1.03× | 0.45× | ||
| Q2 25 | 1.08× | 0.43× | ||
| Q1 25 | 1.10× | 0.36× | ||
| Q4 24 | 1.03× | 0.43× | ||
| Q3 24 | 1.01× | 0.40× | ||
| Q2 24 | 1.18× | 0.40× | ||
| Q1 24 | 1.15× | 0.42× |
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 | $796.6M | $3.0B |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 7.50× | 3.96× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MATMTB
| Q4 25 | $796.6M | $3.0B | ||
| Q3 25 | $72.0M | $1.0B | ||
| Q2 25 | $-300.1M | $844.0M | ||
| Q1 25 | $24.8M | $635.0M | ||
| Q4 24 | $862.1M | $3.6B | ||
| Q3 24 | $155.8M | $-28.0M | ||
| Q2 24 | $-252.9M | $1.4B | ||
| Q1 24 | $35.5M | $608.0M |
现金转化率MATMTB
| Q4 25 | 7.50× | 3.96× | ||
| Q3 25 | 0.26× | 1.26× | ||
| Q2 25 | -5.62× | 1.18× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | 6.12× | 5.30× | ||
| Q3 24 | 0.42× | -0.04× | ||
| Q2 24 | -4.45× | 2.07× | ||
| Q1 24 | — | 1.15× |
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
| North America Segment | $1.0B | 58% |
| International Segment | $745.6M | 42% |
MTB
暂无分部数据
