vs
美泰（MAT）与SONOCO PRODUCTS CO（SON）财务数据对比。点击上方公司名可切换其他公司
SONOCO PRODUCTS CO的季度营收约是美泰的1.9倍（$1.7B vs $862.2M），美泰净利率更高（7.1% vs 4.1%，领先3.0%），美泰同比增速更快（4.3% vs -1.9%），美泰自由现金流更多（$-88.1M vs $-428.3B），过去两年SONOCO PRODUCTS CO的营收复合增速更高（1.2% 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。
索诺科产品公司是美国多元化包装服务商，主营消费包装、工业产品、防护包装及包装供应链服务，是全球最大的复合罐、纸管和纸芯生产商。公司成立于1889年，年净销售额约73亿美元，在33个国家设有超335个运营点，员工1.99万名，业务覆盖超85个国家，总部位于南卡罗来纳州哈茨维尔。
MAT vs SON — 直观对比
营收规模更大
SON
是对方的1.9倍
$862.2M
营收增速更快
MAT
高出6.2%
-1.9%
净利率更高
MAT
高出3.0%
4.1%
自由现金流更多
MAT
多$428.2B
$-428.3B
两年增速更快
SON
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $1.7B |
| 净利润 | $61.0M | $68.0M |
| 毛利率 | 44.9% | 20.6% |
| 营业利润率 | — | 7.6% |
| 净利率 | 7.1% | 4.1% |
| 营收同比 | 4.3% | -1.9% |
| 净利润同比 | 251.4% | 24.1% |
| 每股收益（稀释后） | $0.20 | $0.68 |
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MATSON
| Q1 26 | $862.2M | $1.7B | ||
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $1.7B | $2.1B | ||
| Q2 25 | $1.0B | $1.9B | ||
| Q1 25 | $826.6M | $1.7B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.8B | $1.7B | ||
| Q2 24 | $1.1B | $1.6B |
净利润MATSON
| Q1 26 | $61.0M | $68.0M | ||
| Q4 25 | $106.2M | $332.2M | ||
| Q3 25 | $278.4M | $122.9M | ||
| Q2 25 | $53.4M | $493.4M | ||
| Q1 25 | $-40.3M | $54.4M | ||
| Q4 24 | $140.9M | — | ||
| Q3 24 | $372.4M | $50.9M | ||
| Q2 24 | $56.9M | $90.8M |
毛利率MATSON
| Q1 26 | 44.9% | 20.6% | ||
| Q4 25 | 45.9% | 19.6% | ||
| Q3 25 | 50.0% | 21.9% | ||
| Q2 25 | 50.9% | 21.3% | ||
| Q1 25 | 49.4% | 20.7% | ||
| Q4 24 | 50.7% | — | ||
| Q3 24 | 53.1% | 21.4% | ||
| Q2 24 | 49.2% | 22.0% |
营业利润率MATSON
| Q1 26 | — | 7.6% | ||
| Q4 25 | 8.0% | 29.4% | ||
| Q3 25 | 21.9% | 9.1% | ||
| Q2 25 | 7.7% | 9.2% | ||
| Q1 25 | -6.4% | 7.4% | ||
| Q4 24 | 9.6% | — | ||
| Q3 24 | 26.5% | 7.6% | ||
| Q2 24 | 7.7% | 8.6% |
净利率MATSON
| Q1 26 | 7.1% | 4.1% | ||
| Q4 25 | 6.0% | 18.8% | ||
| Q3 25 | 16.0% | 5.8% | ||
| Q2 25 | 5.2% | 25.8% | ||
| Q1 25 | -4.9% | 3.2% | ||
| Q4 24 | 8.6% | — | ||
| Q3 24 | 20.2% | 3.0% | ||
| Q2 24 | 5.3% | 5.6% |
每股收益（稀释后）MATSON
| Q1 26 | $0.20 | $0.68 | ||
| Q4 25 | $0.32 | $3.33 | ||
| Q3 25 | $0.88 | $1.23 | ||
| Q2 25 | $0.16 | $4.96 | ||
| Q1 25 | $-0.12 | $0.55 | ||
| Q4 24 | $0.40 | — | ||
| Q3 24 | $1.09 | $0.51 | ||
| Q2 24 | $0.17 | $0.92 |
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 | $224.5M |
| 总债务越低越好 | $2.3B | $3.5B |
| 股东权益账面价值 | $2.1B | $3.6B |
| 总资产 | $6.3B | $11.1B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资MATSON
| Q1 26 | $866.0M | $224.5M | ||
| Q4 25 | $1.2B | $378.4M | ||
| Q3 25 | $691.9M | $244.9M | ||
| Q2 25 | $870.5M | $329.8M | ||
| Q1 25 | $1.2B | $181.8M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | $1.9B | ||
| Q2 24 | $722.4M | $140.2M |
总债务MATSON
| Q1 26 | $2.3B | $3.5B | ||
| Q4 25 | $2.3B | $3.8B | ||
| Q3 25 | $2.3B | $3.8B | ||
| Q2 25 | $2.3B | $5.0B | ||
| Q1 25 | $2.3B | $5.0B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $4.3B | ||
| Q2 24 | $2.3B | $2.5B |
股东权益MATSON
| Q1 26 | $2.1B | $3.6B | ||
| Q4 25 | $2.2B | $3.6B | ||
| Q3 25 | $2.3B | $3.3B | ||
| Q2 25 | $2.2B | $3.2B | ||
| Q1 25 | $2.1B | $2.4B | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $2.5B | ||
| Q2 24 | $2.0B | $2.4B |
总资产MATSON
| Q1 26 | $6.3B | $11.1B | ||
| Q4 25 | $6.6B | $11.2B | ||
| Q3 25 | $6.6B | $11.7B | ||
| Q2 25 | $6.2B | $12.0B | ||
| Q1 25 | $6.2B | $12.7B | ||
| Q4 24 | $6.5B | — | ||
| Q3 24 | $6.5B | $9.0B | ||
| Q2 24 | $5.9B | $7.2B |
负债/权益比MATSON
| Q1 26 | 1.11× | 0.97× | ||
| Q4 25 | 1.04× | 1.05× | ||
| Q3 25 | 1.03× | 1.15× | ||
| Q2 25 | 1.08× | 1.54× | ||
| Q1 25 | 1.10× | 2.03× | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | 1.74× | ||
| Q2 24 | 1.18× | 1.04× |
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 | $-428.3B |
| 自由现金流率自由现金流/营收 | -10.2% | -25554.2% |
| 资本支出强度资本支出/营收 | 7.6% | 3601.4% |
| 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 | — | $-427.6B |
8季度趋势，按日历期对齐
经营现金流MATSON
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $412.9M | ||
| Q3 25 | $72.0M | $291.5M | ||
| Q2 25 | $-300.1M | $193.4M | ||
| Q1 25 | $24.8M | $-208.1M | ||
| Q4 24 | $862.1M | — | ||
| Q3 24 | $155.8M | $162.1M | ||
| Q2 24 | $-252.9M | $109.3M |
自由现金流MATSON
| Q1 26 | $-88.1M | $-428.3B | ||
| Q4 25 | — | $322.3M | ||
| Q3 25 | — | $225.6M | ||
| Q2 25 | — | $98.6M | ||
| Q1 25 | — | $-300.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $70.5M | ||
| Q2 24 | — | $16.0M |
自由现金流率MATSON
| Q1 26 | -10.2% | -25554.2% | ||
| Q4 25 | — | 18.2% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | -17.6% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 4.2% | ||
| Q2 24 | — | 1.0% |
资本支出强度MATSON
| Q1 26 | 7.6% | 3601.4% | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | — | 3.1% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 5.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 5.7% |
现金转化率MATSON
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 1.24× | ||
| Q3 25 | 0.26× | 2.37× | ||
| Q2 25 | -5.62× | 0.39× | ||
| Q1 25 | — | -3.82× | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | 3.18× | ||
| Q2 24 | -4.45× | 1.20× |
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
SON
| Consumer Packaging | $1.1B | 65% |
| Industrial Paper Packaging | $579.4M | 35% |
| All Other | $55.1M | 3% |
