vs
美泰（MAT）与Park Hotels & Resorts Inc.（PK）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Park Hotels & Resorts Inc.的1.4倍（$862.2M vs $630.0M），美泰净利率更高（7.1% vs 1.9%，领先5.2%），美泰同比增速更快（4.3% vs -1.3%），过去两年Park Hotels & Resorts Inc.的营收复合增速更高（-4.2% 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。
Park Hotels & Resorts是一家总部位于美国弗吉尼亚州泰森斯的房地产投资信托（REIT），核心业务为酒店物业投资运营。该企业于2017年从希尔顿全球集团分拆成立，在酒店不动产领域拥有专业的投资与管理经验。
MAT vs PK — 直观对比
营收规模更大
MAT
是对方的1.4倍
$630.0M
营收增速更快
MAT
高出5.6%
-1.3%
净利率更高
MAT
高出5.2%
1.9%
两年增速更快
PK
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $630.0M |
| 净利润 | $61.0M | $12.0M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 9.8% |
| 净利率 | 7.1% | 1.9% |
| 营收同比 | 4.3% | -1.3% |
| 净利润同比 | 251.4% | 121.1% |
| 每股收益（稀释后） | $0.20 | $0.05 |
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MATPK
| Q1 26 | $862.2M | $630.0M | ||
| Q4 25 | $1.8B | $629.0M | ||
| Q3 25 | $1.7B | $610.0M | ||
| Q2 25 | $1.0B | $672.0M | ||
| Q1 25 | $826.6M | $630.0M | ||
| Q4 24 | $1.6B | $625.0M | ||
| Q3 24 | $1.8B | $649.0M | ||
| Q2 24 | $1.1B | $686.0M |
净利润MATPK
| Q1 26 | $61.0M | $12.0M | ||
| Q4 25 | $106.2M | $-205.0M | ||
| Q3 25 | $278.4M | $-16.0M | ||
| Q2 25 | $53.4M | $-5.0M | ||
| Q1 25 | $-40.3M | $-57.0M | ||
| Q4 24 | $140.9M | $66.0M | ||
| Q3 24 | $372.4M | $54.0M | ||
| Q2 24 | $56.9M | $64.0M |
毛利率MATPK
| 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% | — |
营业利润率MATPK
| Q1 26 | — | 9.8% | ||
| Q4 25 | 8.0% | -26.1% | ||
| Q3 25 | 21.9% | 9.7% | ||
| Q2 25 | 7.7% | 9.7% | ||
| Q1 25 | -6.4% | 1.1% | ||
| Q4 24 | 9.6% | 13.3% | ||
| Q3 24 | 26.5% | 14.6% | ||
| Q2 24 | 7.7% | 17.6% |
净利率MATPK
| Q1 26 | 7.1% | 1.9% | ||
| Q4 25 | 6.0% | -32.6% | ||
| Q3 25 | 16.0% | -2.6% | ||
| Q2 25 | 5.2% | -0.7% | ||
| Q1 25 | -4.9% | -9.0% | ||
| Q4 24 | 8.6% | 10.6% | ||
| Q3 24 | 20.2% | 8.3% | ||
| Q2 24 | 5.3% | 9.3% |
每股收益（稀释后）MATPK
| Q1 26 | $0.20 | $0.05 | ||
| Q4 25 | $0.32 | $-1.04 | ||
| Q3 25 | $0.88 | $-0.08 | ||
| Q2 25 | $0.16 | $-0.02 | ||
| Q1 25 | $-0.12 | $-0.29 | ||
| Q4 24 | $0.40 | $0.32 | ||
| Q3 24 | $1.09 | $0.26 | ||
| Q2 24 | $0.17 | $0.30 |
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 | $156.0M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $3.1B |
| 总资产 | $6.3B | — |
| 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MATPK
| Q1 26 | $866.0M | $156.0M | ||
| Q4 25 | $1.2B | $232.0M | ||
| Q3 25 | $691.9M | $278.0M | ||
| Q2 25 | $870.5M | $319.0M | ||
| Q1 25 | $1.2B | $233.0M | ||
| Q4 24 | $1.4B | $402.0M | ||
| Q3 24 | $723.5M | $480.0M | ||
| Q2 24 | $722.4M | $449.0M |
总债务MATPK
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $3.9B | ||
| Q3 25 | $2.3B | $3.9B | ||
| Q2 25 | $2.3B | $3.9B | ||
| Q1 25 | $2.3B | $3.9B | ||
| Q4 24 | $2.3B | $3.9B | ||
| Q3 24 | $2.3B | $3.9B | ||
| Q2 24 | $2.3B | $3.9B |
股东权益MATPK
| Q1 26 | $2.1B | $3.1B | ||
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.3B | $3.4B | ||
| Q2 25 | $2.2B | $3.4B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.3B | $3.6B | ||
| Q3 24 | $2.3B | $3.8B | ||
| Q2 24 | $2.0B | $3.8B |
总资产MATPK
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $7.7B | ||
| Q3 25 | $6.6B | $8.8B | ||
| Q2 25 | $6.2B | $8.9B | ||
| Q1 25 | $6.2B | $8.9B | ||
| Q4 24 | $6.5B | $9.2B | ||
| Q3 24 | $6.5B | $9.2B | ||
| Q2 24 | $5.9B | $9.2B |
负债/权益比MATPK
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 1.23× | ||
| Q3 25 | 1.03× | 1.14× | ||
| Q2 25 | 1.08× | 1.12× | ||
| Q1 25 | 1.10× | 1.11× | ||
| Q4 24 | 1.03× | 1.06× | ||
| Q3 24 | 1.01× | 1.03× | ||
| Q2 24 | 1.18× | 1.03× |
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 | — | — |
| 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 | — | — |
| 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MATPK
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $105.0M | ||
| Q3 25 | $72.0M | $99.0M | ||
| Q2 25 | $-300.1M | $108.0M | ||
| Q1 25 | $24.8M | $86.0M | ||
| Q4 24 | $862.1M | $80.0M | ||
| Q3 24 | $155.8M | $140.0M | ||
| Q2 24 | $-252.9M | $117.0M |
自由现金流MATPK
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $-3.0M | ||
| Q3 25 | — | $31.0M | ||
| Q2 25 | — | $65.0M | ||
| Q1 25 | — | $9.0M | ||
| Q4 24 | — | $17.0M | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $66.0M |
自由现金流率MATPK
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | -0.5% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 9.7% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 14.9% | ||
| Q2 24 | — | 9.6% |
资本支出强度MATPK
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 11.1% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 12.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 6.6% | ||
| Q2 24 | — | 7.4% |
现金转化率MATPK
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 1.21× | ||
| Q3 24 | 0.42× | 2.59× | ||
| Q2 24 | -4.45× | 1.83× |
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
PK
| Comparable Hotel Revenues | $617.0M | 98% |
| Other | $13.0M | 2% |
