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美泰（MAT）与PennyMac Financial Services, Inc.（PFSI）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PennyMac Financial Services, Inc.的1.6倍（$862.2M vs $538.0M），PennyMac Financial Services, Inc.净利率更高（1752.5% vs 7.1%，领先1745.4%），PennyMac Financial Services, Inc.同比增速更快（14.4% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-1.7B），过去两年PennyMac Financial Services, Inc.的营收复合增速更高（32.7% 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。
PennyMac Financial Services是总部位于美国加利福尼亚州西湖村的住宅抵押贷款企业，核心业务涵盖美国抵押贷款的发放、贷后服务，以及抵押贷款市场相关投资管理。公司下设两家子公司，其中PNMAC资本管理有限公司负责运营旗下的抵押贷款不动产投资信托（REIT）PennyMac Mortgage Investment Trust。
MAT vs PFSI — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $538.0M |
| 净利润 | $61.0M | $106.8M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 25.0% |
| 净利率 | 7.1% | 1752.5% |
| 营收同比 | 4.3% | 14.4% |
| 净利润同比 | 251.4% | 2.2% |
| 每股收益（稀释后） | $0.20 | $1.97 |
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
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $538.0M | ||
| Q3 25 | $1.7B | $632.9M | ||
| Q2 25 | $1.0B | $444.7M | ||
| Q1 25 | $826.6M | $430.9M | ||
| Q4 24 | $1.6B | $470.1M | ||
| Q3 24 | $1.8B | $411.8M | ||
| Q2 24 | $1.1B | $406.1M |
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $106.8M | ||
| Q3 25 | $278.4M | $181.5M | ||
| Q2 25 | $53.4M | $136.5M | ||
| Q1 25 | $-40.3M | $76.3M | ||
| Q4 24 | $140.9M | $104.5M | ||
| Q3 24 | $372.4M | $69.4M | ||
| Q2 24 | $56.9M | $98.3M |
| 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% | — | ||
| Q2 24 | 49.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 25.0% | ||
| Q3 25 | 21.9% | 37.3% | ||
| Q2 25 | 7.7% | 17.2% | ||
| Q1 25 | -6.4% | 24.2% | ||
| Q4 24 | 9.6% | 27.5% | ||
| Q3 24 | 26.5% | 22.8% | ||
| Q2 24 | 7.7% | 33.0% |
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 1752.5% | ||
| Q3 25 | 16.0% | 28.7% | ||
| Q2 25 | 5.2% | 30.7% | ||
| Q1 25 | -4.9% | 17.7% | ||
| Q4 24 | 8.6% | 2559.8% | ||
| Q3 24 | 20.2% | 16.8% | ||
| Q2 24 | 5.3% | 24.2% |
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $1.97 | ||
| Q3 25 | $0.88 | $3.37 | ||
| Q2 25 | $0.16 | $2.54 | ||
| Q1 25 | $-0.12 | $1.42 | ||
| Q4 24 | $0.40 | $1.95 | ||
| Q3 24 | $1.09 | $1.30 | ||
| Q2 24 | $0.17 | $1.85 |
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 | $410.0M |
| 总债务越低越好 | $2.3B | $6.2B |
| 股东权益账面价值 | $2.1B | $4.3B |
| 总资产 | $6.3B | $29.4B |
| 负债/权益比越低杠杆越低 | 1.11× | 1.45× |
8季度趋势，按日历期对齐
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $410.0M | ||
| Q3 25 | $691.9M | $62.2M | ||
| Q2 25 | $870.5M | $462.3M | ||
| Q1 25 | $1.2B | $443.4M | ||
| Q4 24 | $1.4B | $420.6M | ||
| Q3 24 | $723.5M | $667.9M | ||
| Q2 24 | $722.4M | $188.8M |
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $6.2B | ||
| Q3 25 | $2.3B | $6.2B | ||
| Q2 25 | $2.3B | $5.6B | ||
| Q1 25 | $2.3B | $5.8B | ||
| Q4 24 | $2.3B | $5.3B | ||
| Q3 24 | $2.3B | $4.9B | ||
| Q2 24 | $2.3B | $4.9B |
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $4.3B | ||
| Q3 25 | $2.3B | $4.2B | ||
| Q2 25 | $2.2B | $4.0B | ||
| Q1 25 | $2.1B | $3.9B | ||
| Q4 24 | $2.3B | $3.8B | ||
| Q3 24 | $2.3B | $3.7B | ||
| Q2 24 | $2.0B | $3.7B |
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $29.4B | ||
| Q3 25 | $6.6B | $25.4B | ||
| Q2 25 | $6.2B | $24.2B | ||
| Q1 25 | $6.2B | $23.9B | ||
| Q4 24 | $6.5B | $26.1B | ||
| Q3 24 | $6.5B | $22.9B | ||
| Q2 24 | $5.9B | $21.6B |
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 1.45× | ||
| Q3 25 | 1.03× | 1.48× | ||
| Q2 25 | 1.08× | 1.38× | ||
| Q1 25 | 1.10× | 1.48× | ||
| Q4 24 | 1.03× | 1.37× | ||
| Q3 24 | 1.01× | 1.32× | ||
| Q2 24 | 1.18× | 1.35× |
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 | — | $-1.7B |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $-1.7B |
| 自由现金流率自由现金流/营收 | -10.2% | -309.3% |
| 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 | — | -15.46× |
| 过去12个月自由现金流最近4个季度 | — | $-1.4B |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $-1.7B | ||
| Q3 25 | $72.0M | $-697.4M | ||
| Q2 25 | $-300.1M | $-131.3M | ||
| Q1 25 | $24.8M | $1.1B | ||
| Q4 24 | $862.1M | $-4.5B | ||
| Q3 24 | $155.8M | $-393.7M | ||
| Q2 24 | $-252.9M | $-1.1B |
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $-1.7B | ||
| Q3 25 | — | $-699.4M | ||
| Q2 25 | — | $-132.6M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $-4.5B | ||
| Q3 24 | — | $-393.9M | ||
| Q2 24 | — | $-1.1B |
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | -309.3% | ||
| Q3 25 | — | -110.5% | ||
| Q2 25 | — | -29.8% | ||
| Q1 25 | — | 247.3% | ||
| Q4 24 | — | -964.7% | ||
| Q3 24 | — | -95.6% | ||
| Q2 24 | — | -269.2% |
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.0% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | -15.46× | ||
| Q3 25 | 0.26× | -3.84× | ||
| Q2 25 | -5.62× | -0.96× | ||
| Q1 25 | — | 13.97× | ||
| Q4 24 | 6.12× | -43.39× | ||
| Q3 24 | 0.42× | -5.68× | ||
| Q2 24 | -4.45× | -11.12× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
