vs
美泰（MAT）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
美泰的季度营收约是SSR MINING INC.的1.7倍（$862.2M vs $521.7M），SSR MINING INC.净利率更高（34.8% vs 7.1%，领先27.7%），SSR MINING INC.同比增速更快（61.4% vs 4.3%），SSR MINING INC.自由现金流更多（$106.4M vs $-88.1M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
MAT vs SSRM — 直观对比
营收规模更大
MAT
是对方的1.7倍
$521.7M
营收增速更快
SSRM
高出57.1%
4.3%
净利率更高
SSRM
高出27.7%
7.1%
自由现金流更多
SSRM
多$194.5M
$-88.1M
两年增速更快
SSRM
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $521.7M |
| 净利润 | $61.0M | $181.5M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 38.8% |
| 净利率 | 7.1% | 34.8% |
| 营收同比 | 4.3% | 61.4% |
| 净利润同比 | 251.4% | 3166.6% |
| 每股收益（稀释后） | $0.20 | $0.84 |
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MATSSRM
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $521.7M | ||
| Q3 25 | $1.7B | $385.8M | ||
| Q2 25 | $1.0B | $405.5M | ||
| Q1 25 | $826.6M | $316.6M | ||
| Q4 24 | $1.6B | $323.2M | ||
| Q3 24 | $1.8B | $257.4M | ||
| Q2 24 | $1.1B | $184.8M |
净利润MATSSRM
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $181.5M | ||
| Q3 25 | $278.4M | $65.4M | ||
| Q2 25 | $53.4M | $90.1M | ||
| Q1 25 | $-40.3M | $58.8M | ||
| Q4 24 | $140.9M | $5.6M | ||
| Q3 24 | $372.4M | $10.6M | ||
| Q2 24 | $56.9M | $9.7M |
毛利率MATSSRM
| 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MATSSRM
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 38.8% | ||
| Q3 25 | 21.9% | 21.6% | ||
| Q2 25 | 7.7% | 26.9% | ||
| Q1 25 | -6.4% | 21.1% | ||
| Q4 24 | 9.6% | 10.6% | ||
| Q3 24 | 26.5% | 3.5% | ||
| Q2 24 | 7.7% | 5.8% |
净利率MATSSRM
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 34.8% | ||
| Q3 25 | 16.0% | 17.0% | ||
| Q2 25 | 5.2% | 22.2% | ||
| Q1 25 | -4.9% | 18.6% | ||
| Q4 24 | 8.6% | 1.7% | ||
| Q3 24 | 20.2% | 4.1% | ||
| Q2 24 | 5.3% | 5.2% |
每股收益（稀释后）MATSSRM
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.84 | ||
| Q3 25 | $0.88 | $0.31 | ||
| Q2 25 | $0.16 | $0.42 | ||
| Q1 25 | $-0.12 | $0.28 | ||
| Q4 24 | $0.40 | $0.03 | ||
| Q3 24 | $1.09 | $0.05 | ||
| Q2 24 | $0.17 | $0.05 |
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 | $575.6M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $3.5B |
| 总资产 | $6.3B | $6.1B |
| 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MATSSRM
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $575.6M | ||
| Q3 25 | $691.9M | $445.4M | ||
| Q2 25 | $870.5M | $438.5M | ||
| Q1 25 | $1.2B | $341.3M | ||
| Q4 24 | $1.4B | $417.3M | ||
| Q3 24 | $723.5M | $365.8M | ||
| Q2 24 | $722.4M | $384.4M |
总债务MATSSRM
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | $228.6M | ||
| Q3 24 | $2.3B | $228.3M | ||
| Q2 24 | $2.3B | $228.0M |
股东权益MATSSRM
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $3.5B | ||
| Q3 25 | $2.3B | $3.3B | ||
| Q2 25 | $2.2B | $3.3B | ||
| Q1 25 | $2.1B | $3.2B | ||
| Q4 24 | $2.3B | $3.1B | ||
| Q3 24 | $2.3B | $3.1B | ||
| Q2 24 | $2.0B | $3.1B |
总资产MATSSRM
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $6.1B | ||
| Q3 25 | $6.6B | $5.9B | ||
| Q2 25 | $6.2B | $5.8B | ||
| Q1 25 | $6.2B | $5.6B | ||
| Q4 24 | $6.5B | $5.2B | ||
| Q3 24 | $6.5B | $5.1B | ||
| Q2 24 | $5.9B | $5.2B |
负债/权益比MATSSRM
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | 0.07× | ||
| Q3 24 | 1.01× | 0.07× | ||
| Q2 24 | 1.18× | 0.07× |
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 | — | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $106.4M |
| 自由现金流率自由现金流/营收 | -10.2% | 20.4% |
| 资本支出强度资本支出/营收 | 7.6% | 12.6% |
| 现金转化率经营现金流/净利润 | — | 0.95× |
| 过去12个月自由现金流最近4个季度 | — | $241.6M |
8季度趋势，按日历期对齐
经营现金流MATSSRM
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $172.1M | ||
| Q3 25 | $72.0M | $57.2M | ||
| Q2 25 | $-300.1M | $157.8M | ||
| Q1 25 | $24.8M | $84.8M | ||
| Q4 24 | $862.1M | $95.0M | ||
| Q3 24 | $155.8M | $-1.3M | ||
| Q2 24 | $-252.9M | $-78.1M |
自由现金流MATSSRM
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $106.4M | ||
| Q3 25 | — | $-2.4M | ||
| Q2 25 | — | $98.4M | ||
| Q1 25 | — | $39.3M | ||
| Q4 24 | — | $56.4M | ||
| Q3 24 | — | $-34.1M | ||
| Q2 24 | — | $-116.3M |
自由现金流率MATSSRM
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 20.4% | ||
| Q3 25 | — | -0.6% | ||
| Q2 25 | — | 24.3% | ||
| Q1 25 | — | 12.4% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | -13.2% | ||
| Q2 24 | — | -62.9% |
资本支出强度MATSSRM
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 12.6% | ||
| Q3 25 | — | 15.4% | ||
| Q2 25 | — | 14.7% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 11.9% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 20.7% |
现金转化率MATSSRM
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 0.95× | ||
| Q3 25 | 0.26× | 0.87× | ||
| Q2 25 | -5.62× | 1.75× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | 6.12× | 17.10× | ||
| Q3 24 | 0.42× | -0.13× | ||
| Q2 24 | -4.45× | -8.06× |
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
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
