vs
美泰（MAT）与Rocket Companies, Inc.（RKT）财务数据对比。点击上方公司名可切换其他公司
Rocket Companies, Inc.的季度营收约是美泰的3.1倍（$2.7B vs $862.2M），美泰净利率更高（7.1% vs 2.5%，领先4.5%），Rocket Companies, Inc.同比增速更快（52.2% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
MAT vs RKT — 直观对比
营收规模更大
RKT
是对方的3.1倍
$862.2M
营收增速更快
RKT
高出47.8%
4.3%
净利率更高
MAT
高出4.5%
2.5%
自由现金流更多
MAT
多$1.2B
$-1.3B
两年增速更快
RKT
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $2.7B |
| 净利润 | $61.0M | $68.0M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 6.3% |
| 净利率 | 7.1% | 2.5% |
| 营收同比 | 4.3% | 52.2% |
| 净利润同比 | 251.4% | 100.8% |
| 每股收益（稀释后） | $0.20 | $0.10 |
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MATRKT
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $2.7B | ||
| Q3 25 | $1.7B | $1.6B | ||
| Q2 25 | $1.0B | $1.4B | ||
| Q1 25 | $826.6M | $1.0B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.8B | $646.9M | ||
| Q2 24 | $1.1B | $1.3B |
净利润MATRKT
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $68.0M | ||
| Q3 25 | $278.4M | $-123.9M | ||
| Q2 25 | $53.4M | $-1.8M | ||
| Q1 25 | $-40.3M | $-10.4M | ||
| Q4 24 | $140.9M | $33.9M | ||
| Q3 24 | $372.4M | $-22.0M | ||
| Q2 24 | $56.9M | $1.3M |
毛利率MATRKT
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | — | ||
| Q2 25 | 50.9% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | 58.9% | ||
| Q3 24 | 53.1% | -8.4% | ||
| Q2 24 | 49.2% | 47.4% |
营业利润率MATRKT
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 6.3% | ||
| Q3 25 | 21.9% | -11.5% | ||
| Q2 25 | 7.7% | 1.8% | ||
| Q1 25 | -6.4% | -21.5% | ||
| Q4 24 | 9.6% | 38.1% | ||
| Q3 24 | 26.5% | -76.9% | ||
| Q2 24 | 7.7% | 14.8% |
净利率MATRKT
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 2.5% | ||
| Q3 25 | 16.0% | -7.7% | ||
| Q2 25 | 5.2% | -0.1% | ||
| Q1 25 | -4.9% | -1.0% | ||
| Q4 24 | 8.6% | 1.9% | ||
| Q3 24 | 20.2% | -3.4% | ||
| Q2 24 | 5.3% | 0.1% |
每股收益（稀释后）MATRKT
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.10 | ||
| Q3 25 | $0.88 | $-0.06 | ||
| Q2 25 | $0.16 | $-0.01 | ||
| Q1 25 | $-0.12 | $-0.08 | ||
| Q4 24 | $0.40 | $0.28 | ||
| Q3 24 | $1.09 | $-0.19 | ||
| Q2 24 | $0.17 | $0.01 |
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 | $2.7B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $22.9B |
| 总资产 | $6.3B | $60.7B |
| 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MATRKT
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $2.7B | ||
| Q3 25 | $691.9M | $5.8B | ||
| Q2 25 | $870.5M | $5.1B | ||
| Q1 25 | $1.2B | $1.4B | ||
| Q4 24 | $1.4B | $1.3B | ||
| Q3 24 | $723.5M | $1.2B | ||
| Q2 24 | $722.4M | $1.3B |
总债务MATRKT
| 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MATRKT
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $22.9B | ||
| Q3 25 | $2.3B | $8.9B | ||
| Q2 25 | $2.2B | $7.4B | ||
| Q1 25 | $2.1B | $8.6B | ||
| Q4 24 | $2.3B | $9.0B | ||
| Q3 24 | $2.3B | $8.4B | ||
| Q2 24 | $2.0B | $8.8B |
总资产MATRKT
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $60.7B | ||
| Q3 25 | $6.6B | $33.6B | ||
| Q2 25 | $6.2B | $30.4B | ||
| Q1 25 | $6.2B | $25.3B | ||
| Q4 24 | $6.5B | $24.5B | ||
| Q3 24 | $6.5B | $25.1B | ||
| Q2 24 | $5.9B | $23.6B |
负债/权益比MATRKT
| 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 | — | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $-1.3B |
| 自由现金流率自由现金流/营收 | -10.2% | -47.2% |
| 资本支出强度资本支出/营收 | 7.6% | 1.5% |
| 现金转化率经营现金流/净利润 | — | -18.08× |
| 过去12个月自由现金流最近4个季度 | — | $-4.0B |
8季度趋势，按日历期对齐
经营现金流MATRKT
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $-1.2B | ||
| Q3 25 | $72.0M | $-50.3M | ||
| Q2 25 | $-300.1M | $-1.9B | ||
| Q1 25 | $24.8M | $-797.0M | ||
| Q4 24 | $862.1M | $1.8B | ||
| Q3 24 | $155.8M | $-1.3B | ||
| Q2 24 | $-252.9M | $-122.3M |
自由现金流MATRKT
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $-71.8M | ||
| Q2 25 | — | $-1.9B | ||
| Q1 25 | — | $-811.0M | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $-1.4B | ||
| Q2 24 | — | $-138.3M |
自由现金流率MATRKT
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | -47.2% | ||
| Q3 25 | — | -4.5% | ||
| Q2 25 | — | -137.2% | ||
| Q1 25 | — | -78.2% | ||
| Q4 24 | — | 103.1% | ||
| Q3 24 | — | -209.6% | ||
| Q2 24 | — | -10.6% |
资本支出强度MATRKT
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 1.5% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 1.2% |
现金转化率MATRKT
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | -18.08× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 54.42× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | -4.45× | -94.46× |
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
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
