vs
美泰（MAT）与STIFEL FINANCIAL CORP（SF）财务数据对比。点击上方公司名可切换其他公司
STIFEL FINANCIAL CORP的季度营收约是美泰的1.3倍（$1.1B vs $862.2M），STIFEL FINANCIAL CORP净利率更高（23.5% vs 7.1%，领先16.4%），STIFEL FINANCIAL CORP同比增速更快（23.0% vs 4.3%），STIFEL FINANCIAL CORP自由现金流更多（$369.0M vs $-88.1M），过去两年STIFEL FINANCIAL CORP的营收复合增速更高（21.1% 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。
司迪富金融是美国跨国独立投资银行及金融服务提供商，总部位于密苏里州圣路易斯市中心。其历史可追溯至1890年成立的Altheimer & Rawlings投资公司，1983年正式以Stifel为名成立，1986年11月24日在纽约证券交易所挂牌上市，为全球客户提供多元化金融服务。
MAT vs SF — 直观对比
营收规模更大
SF
是对方的1.3倍
$862.2M
营收增速更快
SF
高出18.7%
4.3%
净利率更高
SF
高出16.4%
7.1%
自由现金流更多
SF
多$457.1M
$-88.1M
两年增速更快
SF
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.1B |
| 净利润 | $61.0M | $264.4M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 27.3% |
| 净利率 | 7.1% | 23.5% |
| 营收同比 | 4.3% | 23.0% |
| 净利润同比 | 251.4% | 8.3% |
| 每股收益（稀释后） | $0.20 | $2.30 |
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MATSF
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $1.1B | ||
| Q3 25 | $1.7B | $962.6M | ||
| Q2 25 | $1.0B | $838.9M | ||
| Q1 25 | $826.6M | $842.5M | ||
| Q4 24 | $1.6B | $916.0M | ||
| Q3 24 | $1.8B | $810.9M | ||
| Q2 24 | $1.1B | $798.9M |
净利润MATSF
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $264.4M | ||
| Q3 25 | $278.4M | $211.4M | ||
| Q2 25 | $53.4M | $155.1M | ||
| Q1 25 | $-40.3M | $53.0M | ||
| Q4 24 | $140.9M | $244.0M | ||
| Q3 24 | $372.4M | $158.5M | ||
| Q2 24 | $56.9M | $165.3M |
毛利率MATSF
| 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MATSF
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 27.3% | ||
| Q3 25 | 21.9% | 29.7% | ||
| Q2 25 | 7.7% | 25.5% | ||
| Q1 25 | -6.4% | 7.5% | ||
| Q4 24 | 9.6% | 29.1% | ||
| Q3 24 | 26.5% | 26.7% | ||
| Q2 24 | 7.7% | 28.4% |
净利率MATSF
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 23.5% | ||
| Q3 25 | 16.0% | 22.0% | ||
| Q2 25 | 5.2% | 18.5% | ||
| Q1 25 | -4.9% | 6.3% | ||
| Q4 24 | 8.6% | 26.6% | ||
| Q3 24 | 20.2% | 19.5% | ||
| Q2 24 | 5.3% | 20.7% |
每股收益（稀释后）MATSF
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $2.30 | ||
| Q3 25 | $0.88 | $1.84 | ||
| Q2 25 | $0.16 | $1.34 | ||
| Q1 25 | $-0.12 | $0.39 | ||
| Q4 24 | $0.40 | $2.10 | ||
| Q3 24 | $1.09 | $1.34 | ||
| Q2 24 | $0.17 | $1.41 |
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 | $2.3B |
| 总债务越低越好 | $2.3B | $617.4M |
| 股东权益账面价值 | $2.1B | $6.0B |
| 总资产 | $6.3B | $41.3B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资MATSF
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $2.3B | ||
| Q3 25 | $691.9M | $3.2B | ||
| Q2 25 | $870.5M | $1.9B | ||
| Q1 25 | $1.2B | $2.7B | ||
| Q4 24 | $1.4B | $2.6B | ||
| Q3 24 | $723.5M | $1.9B | ||
| Q2 24 | $722.4M | $2.6B |
总债务MATSF
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $617.4M | ||
| Q3 25 | $2.3B | $617.2M | ||
| Q2 25 | $2.3B | $617.0M | ||
| Q1 25 | $2.3B | $616.8M | ||
| Q4 24 | $2.3B | $616.6M | ||
| Q3 24 | $2.3B | $616.4M | ||
| Q2 24 | $2.3B | $1.1B |
股东权益MATSF
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $6.0B | ||
| Q3 25 | $2.3B | $5.8B | ||
| Q2 25 | $2.2B | $5.6B | ||
| Q1 25 | $2.1B | $5.5B | ||
| Q4 24 | $2.3B | $5.7B | ||
| Q3 24 | $2.3B | $5.6B | ||
| Q2 24 | $2.0B | $5.4B |
总资产MATSF
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $41.3B | ||
| Q3 25 | $6.6B | $41.7B | ||
| Q2 25 | $6.2B | $39.9B | ||
| Q1 25 | $6.2B | $40.4B | ||
| Q4 24 | $6.5B | $39.9B | ||
| Q3 24 | $6.5B | $38.9B | ||
| Q2 24 | $5.9B | $37.8B |
负债/权益比MATSF
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.10× | ||
| Q3 25 | 1.03× | 0.11× | ||
| Q2 25 | 1.08× | 0.11× | ||
| Q1 25 | 1.10× | 0.11× | ||
| Q4 24 | 1.03× | 0.11× | ||
| Q3 24 | 1.01× | 0.11× | ||
| Q2 24 | 1.18× | 0.21× |
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 | — | $382.4M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $369.0M |
| 自由现金流率自由现金流/营收 | -10.2% | 32.7% |
| 资本支出强度资本支出/营收 | 7.6% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.45× |
| 过去12个月自由现金流最近4个季度 | — | $1.1B |
8季度趋势，按日历期对齐
经营现金流MATSF
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $382.4M | ||
| Q3 25 | $72.0M | $338.3M | ||
| Q2 25 | $-300.1M | $607.5M | ||
| Q1 25 | $24.8M | $-211.2M | ||
| Q4 24 | $862.1M | $694.6M | ||
| Q3 24 | $155.8M | $198.3M | ||
| Q2 24 | $-252.9M | $207.2M |
自由现金流MATSF
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $369.0M | ||
| Q3 25 | — | $321.1M | ||
| Q2 25 | — | $592.7M | ||
| Q1 25 | — | $-227.8M | ||
| Q4 24 | — | $677.2M | ||
| Q3 24 | — | $185.6M | ||
| Q2 24 | — | $173.3M |
自由现金流率MATSF
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 32.7% | ||
| Q3 25 | — | 33.4% | ||
| Q2 25 | — | 70.6% | ||
| Q1 25 | — | -27.0% | ||
| Q4 24 | — | 73.9% | ||
| Q3 24 | — | 22.9% | ||
| Q2 24 | — | 21.7% |
资本支出强度MATSF
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 1.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | — | 4.2% |
现金转化率MATSF
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 1.45× | ||
| Q3 25 | 0.26× | 1.60× | ||
| Q2 25 | -5.62× | 3.92× | ||
| Q1 25 | — | -3.99× | ||
| Q4 24 | 6.12× | 2.85× | ||
| Q3 24 | 0.42× | 1.25× | ||
| Q2 24 | -4.45× | 1.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
