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美泰（MAT）与Real Brokerage Inc（REAX）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Real Brokerage Inc的1.5倍（$862.2M vs $568.5M），美泰净利率更高（7.1% vs -0.1%，领先7.2%），Real Brokerage Inc同比增速更快（52.6% vs 4.3%），Real Brokerage Inc自由现金流更多（$8.4M vs $-88.1M）
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。
该企业是美国房产服务企业，主营房产经纪业务运营与品牌特许经营，业务覆盖房产中介、 relocation服务、产权服务、保险及结算服务，旗下拥有Better Homes and Gardens Real Estate、21世纪不动产、Coldwell Banker、Corcoran Group、ERA房地产以及苏富比国际地产等多个知名品牌，2026年被Compass, Inc.收购。
MAT vs REAX — 直观对比
营收规模更大
MAT
是对方的1.5倍
$568.5M
营收增速更快
REAX
高出48.3%
4.3%
净利率更高
MAT
高出7.2%
-0.1%
自由现金流更多
REAX
多$96.5M
$-88.1M
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $568.5M |
| 净利润 | $61.0M | $-447.0K |
| 毛利率 | 44.9% | 7.9% |
| 营业利润率 | — | -0.1% |
| 净利率 | 7.1% | -0.1% |
| 营收同比 | 4.3% | 52.6% |
| 净利润同比 | 251.4% | 82.7% |
| 每股收益（稀释后） | $0.20 | $0.00 |
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MATREAX
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | — | ||
| Q3 25 | $1.7B | $568.5M | ||
| Q2 25 | $1.0B | $540.7M | ||
| Q1 25 | $826.6M | $354.0M | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.8B | $372.5M | ||
| Q2 24 | $1.1B | — |
净利润MATREAX
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | — | ||
| Q3 25 | $278.4M | $-447.0K | ||
| Q2 25 | $53.4M | $1.5M | ||
| Q1 25 | $-40.3M | $-5.0M | ||
| Q4 24 | $140.9M | — | ||
| Q3 24 | $372.4M | $-2.6M | ||
| Q2 24 | $56.9M | — |
毛利率MATREAX
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | 7.9% | ||
| Q2 25 | 50.9% | 8.9% | ||
| Q1 25 | 49.4% | 9.6% | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | 8.6% | ||
| Q2 24 | 49.2% | — |
营业利润率MATREAX
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | — | ||
| Q3 25 | 21.9% | -0.1% | ||
| Q2 25 | 7.7% | 0.3% | ||
| Q1 25 | -6.4% | -1.5% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 26.5% | -0.7% | ||
| Q2 24 | 7.7% | — |
净利率MATREAX
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | — | ||
| Q3 25 | 16.0% | -0.1% | ||
| Q2 25 | 5.2% | 0.3% | ||
| Q1 25 | -4.9% | -1.4% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 20.2% | -0.7% | ||
| Q2 24 | 5.3% | — |
每股收益（稀释后）MATREAX
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | — | ||
| Q3 25 | $0.88 | $0.00 | ||
| Q2 25 | $0.16 | $0.01 | ||
| Q1 25 | $-0.12 | $-0.02 | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $1.09 | $-0.01 | ||
| Q2 24 | $0.17 | — |
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 | $38.7M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $53.6M |
| 总资产 | $6.3B | $145.2M |
| 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MATREAX
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $691.9M | $38.7M | ||
| Q2 25 | $870.5M | $49.7M | ||
| Q1 25 | $1.2B | $24.7M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | $22.6M | ||
| Q2 24 | $722.4M | — |
总债务MATREAX
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATREAX
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.3B | $53.6M | ||
| Q2 25 | $2.2B | $49.2M | ||
| Q1 25 | $2.1B | $32.8M | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $29.8M | ||
| Q2 24 | $2.0B | — |
总资产MATREAX
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | — | ||
| Q3 25 | $6.6B | $145.2M | ||
| Q2 25 | $6.2B | $149.4M | ||
| Q1 25 | $6.2B | $100.5M | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.5B | $102.5M | ||
| Q2 24 | $5.9B | — |
负债/权益比MATREAX
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| 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 | — | $8.8M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $8.4M |
| 自由现金流率自由现金流/营收 | -10.2% | 1.5% |
| 资本支出强度资本支出/营收 | 7.6% | 0.1% |
| 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 | — | $71.7M |
8季度趋势，按日历期对齐
经营现金流MATREAX
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | — | ||
| Q3 25 | $72.0M | $8.8M | ||
| Q2 25 | $-300.1M | $41.0M | ||
| Q1 25 | $24.8M | $15.9M | ||
| Q4 24 | $862.1M | — | ||
| Q3 24 | $155.8M | $7.2M | ||
| Q2 24 | $-252.9M | — |
自由现金流MATREAX
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $8.4M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $15.7M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $6.8M | ||
| Q2 24 | — | — |
自由现金流率MATREAX
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | 7.5% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | — |
资本支出强度MATREAX
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | — |
现金转化率MATREAX
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | 27.13× | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | — | ||
| 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
