vs
美泰（MAT）与StoneX Group Inc.（SNEX）财务数据对比。点击上方公司名可切换其他公司
StoneX Group Inc.的季度营收约是美泰的1.4倍（$1.2B vs $862.2M），StoneX Group Inc.净利率更高（11.6% vs 7.1%，领先4.5%），StoneX Group Inc.同比增速更快（81.0% vs 4.3%），美泰自由现金流更多（$-88.1M vs $-1.3B），过去两年StoneX Group Inc.的营收复合增速更高（53.5% 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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
MAT vs SNEX — 直观对比
营收规模更大
SNEX
是对方的1.4倍
$862.2M
营收增速更快
SNEX
高出76.7%
4.3%
净利率更高
SNEX
高出4.5%
7.1%
自由现金流更多
MAT
多$1.2B
$-1.3B
两年增速更快
SNEX
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.2B |
| 净利润 | $61.0M | $139.0M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 15.4% |
| 净利率 | 7.1% | 11.6% |
| 营收同比 | 4.3% | 81.0% |
| 净利润同比 | 251.4% | 63.3% |
| 每股收益（稀释后） | $0.20 | $2.50 |
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MATSNEX
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $1.2B | ||
| Q3 25 | $1.7B | $32.7B | ||
| Q2 25 | $1.0B | $851.2M | ||
| Q1 25 | $826.6M | $820.4M | ||
| Q4 24 | $1.6B | $663.1M | ||
| Q3 24 | $1.8B | $31.1B | ||
| Q2 24 | $1.1B | $571.8M |
净利润MATSNEX
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $139.0M | ||
| Q3 25 | $278.4M | $85.7M | ||
| Q2 25 | $53.4M | $63.4M | ||
| Q1 25 | $-40.3M | $71.7M | ||
| Q4 24 | $140.9M | $85.1M | ||
| Q3 24 | $372.4M | $76.7M | ||
| Q2 24 | $56.9M | $61.9M |
毛利率MATSNEX
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | — | ||
| Q3 25 | 50.0% | 3.7% | ||
| Q2 25 | 50.9% | — | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | 3.0% | ||
| Q2 24 | 49.2% | — |
营业利润率MATSNEX
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 15.4% | ||
| Q3 25 | 21.9% | 0.3% | ||
| Q2 25 | 7.7% | -1.3% | ||
| Q1 25 | -6.4% | -1.0% | ||
| Q4 24 | 9.6% | -3.2% | ||
| Q3 24 | 26.5% | -0.0% | ||
| Q2 24 | 7.7% | -4.7% |
净利率MATSNEX
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 11.6% | ||
| Q3 25 | 16.0% | 0.3% | ||
| Q2 25 | 5.2% | 7.4% | ||
| Q1 25 | -4.9% | 8.7% | ||
| Q4 24 | 8.6% | 12.8% | ||
| Q3 24 | 20.2% | 0.2% | ||
| Q2 24 | 5.3% | 10.8% |
每股收益（稀释后）MATSNEX
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $2.50 | ||
| Q3 25 | $0.88 | $0.72 | ||
| Q2 25 | $0.16 | $1.22 | ||
| Q1 25 | $-0.12 | $1.41 | ||
| Q4 24 | $0.40 | $1.69 | ||
| Q3 24 | $1.09 | $2.32 | ||
| Q2 24 | $0.17 | $1.25 |
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 | $1.6B |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $2.5B |
| 总资产 | $6.3B | $47.8B |
| 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MATSNEX
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $1.6B | ||
| Q3 25 | $691.9M | $1.6B | ||
| Q2 25 | $870.5M | $1.3B | ||
| Q1 25 | $1.2B | $1.3B | ||
| Q4 24 | $1.4B | $1.4B | ||
| Q3 24 | $723.5M | $1.3B | ||
| Q2 24 | $722.4M | $1.2B |
总债务MATSNEX
| 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MATSNEX
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $2.5B | ||
| Q3 25 | $2.3B | $2.4B | ||
| Q2 25 | $2.2B | $2.0B | ||
| Q1 25 | $2.1B | $1.9B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.3B | $1.7B | ||
| Q2 24 | $2.0B | $1.6B |
总资产MATSNEX
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $47.8B | ||
| Q3 25 | $6.6B | $45.3B | ||
| Q2 25 | $6.2B | $34.3B | ||
| Q1 25 | $6.2B | $31.3B | ||
| Q4 24 | $6.5B | $29.6B | ||
| Q3 24 | $6.5B | $27.5B | ||
| Q2 24 | $5.9B | $25.9B |
负债/权益比MATSNEX
| 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 | — | $-1.3B |
| 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% | -106.4% |
| 资本支出强度资本支出/营收 | 7.6% | 1.3% |
| 现金转化率经营现金流/净利润 | — | -9.08× |
| 过去12个月自由现金流最近4个季度 | — | $3.5B |
8季度趋势，按日历期对齐
经营现金流MATSNEX
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $-1.3B | ||
| Q3 25 | $72.0M | $3.5B | ||
| Q2 25 | $-300.1M | $1.5B | ||
| Q1 25 | $24.8M | $-154.5M | ||
| Q4 24 | $862.1M | $-477.8M | ||
| Q3 24 | $155.8M | $192.6M | ||
| Q2 24 | $-252.9M | $-622.1M |
自由现金流MATSNEX
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $-1.3B | ||
| Q3 25 | — | $3.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $-169.8M | ||
| Q4 24 | — | $-491.4M | ||
| Q3 24 | — | $175.9M | ||
| Q2 24 | — | $-640.5M |
自由现金流率MATSNEX
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | -106.4% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 173.3% | ||
| Q1 25 | — | -20.7% | ||
| Q4 24 | — | -74.1% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | -112.0% |
资本支出强度MATSNEX
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 1.3% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.9% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 3.2% |
现金转化率MATSNEX
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | -9.08× | ||
| Q3 25 | 0.26× | 41.18× | ||
| Q2 25 | -5.62× | 23.52× | ||
| Q1 25 | — | -2.15× | ||
| Q4 24 | 6.12× | -5.61× | ||
| Q3 24 | 0.42× | 2.51× | ||
| Q2 24 | -4.45× | -10.05× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
