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美泰（MAT）与Envista Holdings Corp（NVST）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Envista Holdings Corp的1.1倍（$862.2M vs $750.6M），美泰净利率更高（7.1% vs 4.4%，领先2.7%），Envista Holdings Corp同比增速更快（15.0% vs 4.3%），Envista Holdings Corp自由现金流更多（$91.7M vs $-88.1M），过去两年Envista Holdings Corp的营收复合增速更高（9.7% 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。
Envista Holdings Corp是一家总部位于美国的企业，旗下Envista Forensics业务板块面向保险、法律及风险管理行业，在全球范围内提供法务工程与事故复原解决方案。公司前身为LWG咨询有限公司，2017年正式更名为Envista Forensics。
MAT vs NVST — 直观对比
营收规模更大
MAT
是对方的1.1倍
$750.6M
营收增速更快
NVST
高出10.7%
4.3%
净利率更高
MAT
高出2.7%
4.4%
自由现金流更多
NVST
多$179.8M
$-88.1M
两年增速更快
NVST
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $750.6M |
| 净利润 | $61.0M | $32.9M |
| 毛利率 | 44.9% | 54.7% |
| 营业利润率 | — | 9.8% |
| 净利率 | 7.1% | 4.4% |
| 营收同比 | 4.3% | 15.0% |
| 净利润同比 | 251.4% | 2641.7% |
| 每股收益（稀释后） | $0.20 | $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MATNVST
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $750.6M | ||
| Q3 25 | $1.7B | $669.9M | ||
| Q2 25 | $1.0B | $682.1M | ||
| Q1 25 | $826.6M | $616.9M | ||
| Q4 24 | $1.6B | $652.9M | ||
| Q3 24 | $1.8B | $601.0M | ||
| Q2 24 | $1.1B | $633.1M |
净利润MATNVST
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $32.9M | ||
| Q3 25 | $278.4M | $-30.3M | ||
| Q2 25 | $53.4M | $26.4M | ||
| Q1 25 | $-40.3M | $18.0M | ||
| Q4 24 | $140.9M | $1.2M | ||
| Q3 24 | $372.4M | $8.2M | ||
| Q2 24 | $56.9M | $-1.2B |
毛利率MATNVST
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 54.7% | ||
| Q3 25 | 50.0% | 55.3% | ||
| Q2 25 | 50.9% | 54.2% | ||
| Q1 25 | 49.4% | 54.5% | ||
| Q4 24 | 50.7% | 57.1% | ||
| Q3 24 | 53.1% | 52.8% | ||
| Q2 24 | 49.2% | 51.6% |
营业利润率MATNVST
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 9.8% | ||
| Q3 25 | 21.9% | 8.6% | ||
| Q2 25 | 7.7% | 6.8% | ||
| Q1 25 | -6.4% | 6.3% | ||
| Q4 24 | 9.6% | 7.1% | ||
| Q3 24 | 26.5% | 3.5% | ||
| Q2 24 | 7.7% | -182.2% |
净利率MATNVST
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 4.4% | ||
| Q3 25 | 16.0% | -4.5% | ||
| Q2 25 | 5.2% | 3.9% | ||
| Q1 25 | -4.9% | 2.9% | ||
| Q4 24 | 8.6% | 0.2% | ||
| Q3 24 | 20.2% | 1.4% | ||
| Q2 24 | 5.3% | -181.9% |
每股收益（稀释后）MATNVST
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.20 | ||
| Q3 25 | $0.88 | $-0.18 | ||
| Q2 25 | $0.16 | $0.16 | ||
| Q1 25 | $-0.12 | $0.10 | ||
| Q4 24 | $0.40 | $0.00 | ||
| Q3 24 | $1.09 | $0.05 | ||
| Q2 24 | $0.17 | $-6.69 |
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 | $1.2B |
| 总债务越低越好 | $2.3B | $1.4B |
| 股东权益账面价值 | $2.1B | $3.1B |
| 总资产 | $6.3B | $5.7B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.47× |
8季度趋势，按日历期对齐
现金及短期投资MATNVST
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $1.2B | ||
| Q3 25 | $691.9M | $1.1B | ||
| Q2 25 | $870.5M | $1.1B | ||
| Q1 25 | $1.2B | $1.1B | ||
| Q4 24 | $1.4B | $1.1B | ||
| Q3 24 | $723.5M | $991.3M | ||
| Q2 24 | $722.4M | $1.0B |
总债务MATNVST
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $1.4B | ||
| Q3 25 | $2.3B | $1.4B | ||
| Q2 25 | $2.3B | $1.4B | ||
| Q1 25 | $2.3B | $1.4B | ||
| Q4 24 | $2.3B | $1.4B | ||
| Q3 24 | $2.3B | $1.4B | ||
| Q2 24 | $2.3B | $1.5B |
股东权益MATNVST
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.3B | $3.1B | ||
| Q2 25 | $2.2B | $3.1B | ||
| Q1 25 | $2.1B | $3.0B | ||
| Q4 24 | $2.3B | $2.9B | ||
| Q3 24 | $2.3B | $3.1B | ||
| Q2 24 | $2.0B | $3.0B |
总资产MATNVST
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $5.7B | ||
| Q3 25 | $6.6B | $5.6B | ||
| Q2 25 | $6.2B | $5.7B | ||
| Q1 25 | $6.2B | $5.5B | ||
| Q4 24 | $6.5B | $5.4B | ||
| Q3 24 | $6.5B | $5.5B | ||
| Q2 24 | $5.9B | $5.4B |
负债/权益比MATNVST
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.47× | ||
| Q3 25 | 1.03× | 0.47× | ||
| Q2 25 | 1.08× | 0.46× | ||
| Q1 25 | 1.10× | 0.47× | ||
| Q4 24 | 1.03× | 0.48× | ||
| Q3 24 | 1.01× | 0.46× | ||
| Q2 24 | 1.18× | 0.51× |
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 | — | $108.0M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $91.7M |
| 自由现金流率自由现金流/营收 | -10.2% | 12.2% |
| 资本支出强度资本支出/营收 | 7.6% | 2.2% |
| 现金转化率经营现金流/净利润 | — | 3.28× |
| 过去12个月自由现金流最近4个季度 | — | $230.4M |
8季度趋势，按日历期对齐
经营现金流MATNVST
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $108.0M | ||
| Q3 25 | $72.0M | $78.7M | ||
| Q2 25 | $-300.1M | $88.7M | ||
| Q1 25 | $24.8M | $300.0K | ||
| Q4 24 | $862.1M | $132.4M | ||
| Q3 24 | $155.8M | $70.7M | ||
| Q2 24 | $-252.9M | $93.1M |
自由现金流MATNVST
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $91.7M | ||
| Q3 25 | — | $67.9M | ||
| Q2 25 | — | $76.4M | ||
| Q1 25 | — | $-5.6M | ||
| Q4 24 | — | $123.8M | ||
| Q3 24 | — | $63.3M | ||
| Q2 24 | — | $86.3M |
自由现金流率MATNVST
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 10.1% | ||
| Q2 25 | — | 11.2% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | — | 19.0% | ||
| Q3 24 | — | 10.5% | ||
| Q2 24 | — | 13.6% |
资本支出强度MATNVST
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 1.0% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.1% |
现金转化率MATNVST
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 3.28× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | 3.36× | ||
| Q1 25 | — | 0.02× | ||
| Q4 24 | 6.12× | 110.33× | ||
| Q3 24 | 0.42× | 8.62× | ||
| 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
NVST
| Other | $375.8M | 50% |
| Specialty Productsand Technologies | $188.4M | 25% |
| Equipmentand Consumables | $186.4M | 25% |
