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美泰（MAT）与SiriusPoint Ltd（SPNT）财务数据对比。点击上方公司名可切换其他公司
SiriusPoint Ltd的季度营收约是美泰的1.1倍（$973.7M vs $862.2M），SiriusPoint Ltd净利率更高（25.1% vs 7.1%，领先18.0%），SiriusPoint Ltd同比增速更快（58.9% vs 4.3%），过去两年SiriusPoint Ltd的营收复合增速更高（19.2% 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。
SiriusPoint Ltd是一家总部位于百慕大彭布罗克的全球特种保险及再保险服务商，提供财产险、意外险、特种险种保障及另类资本解决方案，服务覆盖北美、欧洲、亚太等市场的商业客户与风险承担方，注重严谨核保与稳定的风险调整收益。
MAT vs SPNT — 直观对比
营收规模更大
SPNT
是对方的1.1倍
$862.2M
营收增速更快
SPNT
高出54.6%
4.3%
净利率更高
SPNT
高出18.0%
7.1%
两年增速更快
SPNT
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $973.7M |
| 净利润 | $61.0M | $244.1M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 28.8% |
| 净利率 | 7.1% | 25.1% |
| 营收同比 | 4.3% | 58.9% |
| 净利润同比 | 251.4% | 1535.9% |
| 每股收益（稀释后） | $0.20 | $1.92 |
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MATSPNT
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $973.7M | ||
| Q3 25 | $1.7B | $755.9M | ||
| Q2 25 | $1.0B | $748.2M | ||
| Q1 25 | $826.6M | $727.3M | ||
| Q4 24 | $1.6B | $612.8M | ||
| Q3 24 | $1.8B | $562.2M | ||
| Q2 24 | $1.1B | $743.3M |
净利润MATSPNT
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $244.1M | ||
| Q3 25 | $278.4M | $90.8M | ||
| Q2 25 | $53.4M | $63.2M | ||
| Q1 25 | $-40.3M | $61.6M | ||
| Q4 24 | $140.9M | $-17.0M | ||
| Q3 24 | $372.4M | $8.5M | ||
| Q2 24 | $56.9M | $113.9M |
毛利率MATSPNT
| 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MATSPNT
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 28.8% | ||
| Q3 25 | 21.9% | 14.7% | ||
| Q2 25 | 7.7% | 10.0% | ||
| Q1 25 | -6.4% | 10.4% | ||
| Q4 24 | 9.6% | -2.1% | ||
| Q3 24 | 26.5% | 2.0% | ||
| Q2 24 | 7.7% | 17.4% |
净利率MATSPNT
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 25.1% | ||
| Q3 25 | 16.0% | 12.0% | ||
| Q2 25 | 5.2% | 8.4% | ||
| Q1 25 | -4.9% | 8.5% | ||
| Q4 24 | 8.6% | -2.8% | ||
| Q3 24 | 20.2% | 1.5% | ||
| Q2 24 | 5.3% | 15.3% |
每股收益（稀释后）MATSPNT
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $1.92 | ||
| Q3 25 | $0.88 | $0.73 | ||
| Q2 25 | $0.16 | $0.50 | ||
| Q1 25 | $-0.12 | $0.49 | ||
| Q4 24 | $0.40 | $-0.05 | ||
| Q3 24 | $1.09 | $0.03 | ||
| Q2 24 | $0.17 | $0.57 |
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 | $731.2M |
| 总债务越低越好 | $2.3B | $688.6M |
| 股东权益账面价值 | $2.1B | $2.5B |
| 总资产 | $6.3B | $12.6B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资MATSPNT
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $731.2M | ||
| Q3 25 | $691.9M | $582.4M | ||
| Q2 25 | $870.5M | $732.4M | ||
| Q1 25 | $1.2B | $740.3M | ||
| Q4 24 | $1.4B | $682.0M | ||
| Q3 24 | $723.5M | $640.7M | ||
| Q2 24 | $722.4M | $598.1M |
总债务MATSPNT
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $688.6M | ||
| Q3 25 | $2.3B | $682.5M | ||
| Q2 25 | $2.3B | $678.4M | ||
| Q1 25 | $2.3B | $663.5M | ||
| Q4 24 | $2.3B | $639.1M | ||
| Q3 24 | $2.3B | $660.5M | ||
| Q2 24 | $2.3B | $648.6M |
股东权益MATSPNT
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $2.5B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.2B | $2.1B | ||
| Q1 25 | $2.1B | $2.0B | ||
| Q4 24 | $2.3B | $1.9B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | $2.0B | $2.7B |
总资产MATSPNT
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $12.6B | ||
| Q3 25 | $6.6B | $12.5B | ||
| Q2 25 | $6.2B | $12.4B | ||
| Q1 25 | $6.2B | $12.3B | ||
| Q4 24 | $6.5B | $12.5B | ||
| Q3 24 | $6.5B | $12.7B | ||
| Q2 24 | $5.9B | $12.8B |
负债/权益比MATSPNT
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.28× | ||
| Q3 25 | 1.03× | 0.31× | ||
| Q2 25 | 1.08× | 0.32× | ||
| Q1 25 | 1.10× | 0.33× | ||
| Q4 24 | 1.03× | 0.33× | ||
| Q3 24 | 1.01× | 0.25× | ||
| Q2 24 | 1.18× | 0.24× |
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 | — | $-26.4M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | — |
| 自由现金流率自由现金流/营收 | -10.2% | — |
| 资本支出强度资本支出/营收 | 7.6% | — |
| 现金转化率经营现金流/净利润 | — | -0.11× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MATSPNT
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $-26.4M | ||
| Q3 25 | $72.0M | $155.6M | ||
| Q2 25 | $-300.1M | $62.1M | ||
| Q1 25 | $24.8M | $-88.9M | ||
| Q4 24 | $862.1M | $107.7M | ||
| Q3 24 | $155.8M | $58.1M | ||
| Q2 24 | $-252.9M | $-149.9M |
自由现金流MATSPNT
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率MATSPNT
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度MATSPNT
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率MATSPNT
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | -0.11× | ||
| Q3 25 | 0.26× | 1.71× | ||
| Q2 25 | -5.62× | 0.98× | ||
| Q1 25 | — | -1.44× | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | 6.84× | ||
| Q2 24 | -4.45× | -1.32× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
