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美泰（MAT）与PACS Group, Inc.（PACS）财务数据对比。点击上方公司名可切换其他公司
PACS Group, Inc.的季度营收约是美泰的1.6倍（$1.4B vs $862.2M），美泰净利率更高（7.1% vs 4.4%，领先2.7%），PACS Group, Inc.同比增速更快（18.4% vs 4.3%），过去两年PACS Group, Inc.的营收复合增速更高（20.5% 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。
MAT vs PACS — 直观对比
营收规模更大
PACS
是对方的1.6倍
$862.2M
营收增速更快
PACS
高出14.1%
4.3%
净利率更高
MAT
高出2.7%
4.4%
两年增速更快
PACS
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.4B |
| 净利润 | $61.0M | $59.7M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 7.0% |
| 净利率 | 7.1% | 4.4% |
| 营收同比 | 4.3% | 18.4% |
| 净利润同比 | 251.4% | 3022.5% |
| 每股收益（稀释后） | $0.20 | $0.42 |
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MATPACS
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $1.4B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $826.6M | $1.3B | ||
| Q4 24 | $1.6B | $1.1B | ||
| Q3 24 | $1.8B | $1.0B | ||
| Q2 24 | $1.1B | $981.4M |
净利润MATPACS
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $59.7M | ||
| Q3 25 | $278.4M | $52.4M | ||
| Q2 25 | $53.4M | $51.0M | ||
| Q1 25 | $-40.3M | $28.5M | ||
| Q4 24 | $140.9M | $1.9M | ||
| Q3 24 | $372.4M | $15.6M | ||
| Q2 24 | $56.9M | $-10.9M |
毛利率MATPACS
| 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% | 17.1% | ||
| Q2 24 | 49.2% | 22.3% |
营业利润率MATPACS
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 7.0% | ||
| Q3 25 | 21.9% | 6.4% | ||
| Q2 25 | 7.7% | 6.2% | ||
| Q1 25 | -6.4% | 3.8% | ||
| Q4 24 | 9.6% | 1.7% | ||
| Q3 24 | 26.5% | 2.2% | ||
| Q2 24 | 7.7% | 0.1% |
净利率MATPACS
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 4.4% | ||
| Q3 25 | 16.0% | 3.9% | ||
| Q2 25 | 5.2% | 3.9% | ||
| Q1 25 | -4.9% | 2.2% | ||
| Q4 24 | 8.6% | 0.2% | ||
| Q3 24 | 20.2% | 1.5% | ||
| Q2 24 | 5.3% | -1.1% |
每股收益（稀释后）MATPACS
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.42 | ||
| Q3 25 | $0.88 | $0.32 | ||
| Q2 25 | $0.16 | $0.31 | ||
| Q1 25 | $-0.12 | $0.17 | ||
| Q4 24 | $0.40 | $-0.03 | ||
| Q3 24 | $1.09 | $0.10 | ||
| Q2 24 | $0.17 | $-0.07 |
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 | $197.0M |
| 总债务越低越好 | $2.3B | $353.2M |
| 股东权益账面价值 | $2.1B | $946.8M |
| 总资产 | $6.3B | $5.6B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.37× |
8季度趋势，按日历期对齐
现金及短期投资MATPACS
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $197.0M | ||
| Q3 25 | $691.9M | $355.7M | ||
| Q2 25 | $870.5M | $294.2M | ||
| Q1 25 | $1.2B | $287.5M | ||
| Q4 24 | $1.4B | $157.7M | ||
| Q3 24 | $723.5M | $49.5M | ||
| Q2 24 | $722.4M | $73.4M |
总债务MATPACS
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $353.2M | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | $411.9M | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATPACS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $946.8M | ||
| Q3 25 | $2.3B | $871.3M | ||
| Q2 25 | $2.2B | $806.8M | ||
| Q1 25 | $2.1B | $750.2M | ||
| Q4 24 | $2.3B | $709.6M | ||
| Q3 24 | $2.3B | $660.0M | ||
| Q2 24 | $2.0B | $572.1M |
总资产MATPACS
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $5.6B | ||
| Q3 25 | $6.6B | $5.6B | ||
| Q2 25 | $6.2B | $5.5B | ||
| Q1 25 | $6.2B | $5.5B | ||
| Q4 24 | $6.5B | $5.2B | ||
| Q3 24 | $6.5B | $4.5B | ||
| Q2 24 | $5.9B | $3.9B |
负债/权益比MATPACS
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.37× | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | 0.58× | ||
| 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 | — | $-3.4M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | — |
| 自由现金流率自由现金流/营收 | -10.2% | — |
| 资本支出强度资本支出/营收 | 7.6% | — |
| 现金转化率经营现金流/净利润 | — | -0.06× |
| 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MATPACS
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $-3.4M | ||
| Q3 25 | $72.0M | $204.8M | ||
| Q2 25 | $-300.1M | $52.6M | ||
| Q1 25 | $24.8M | $150.2M | ||
| Q4 24 | $862.1M | $64.6M | ||
| Q3 24 | $155.8M | $209.2M | ||
| Q2 24 | $-252.9M | $34.8M |
自由现金流MATPACS
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率MATPACS
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度MATPACS
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率MATPACS
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | -0.06× | ||
| Q3 25 | 0.26× | 3.91× | ||
| Q2 25 | -5.62× | 1.03× | ||
| Q1 25 | — | 5.28× | ||
| Q4 24 | 6.12× | 33.78× | ||
| Q3 24 | 0.42× | 13.39× | ||
| 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
