vs
美泰（MAT）与森馨科技（SXT）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森馨科技的2.0倍（$862.2M vs $435.8M），森馨科技净利率更高（10.1% vs 7.1%，领先3.1%），森馨科技同比增速更快（11.1% vs 4.3%），过去两年森馨科技的营收复合增速更高（3.9% 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。
森馨科技是总部位于美国威斯康星州密尔沃基的全球化色素、香精香料生产商及销售商，产品广泛应用于食品饮料、医药、化妆品、家居个护、特种印刷成像、计算机成像及工业着色等多个领域，旗下设有香精香料事业部与色素事业部两大核心业务板块。
MAT vs SXT — 直观对比
营收规模更大
MAT
是对方的2.0倍
$435.8M
营收增速更快
SXT
高出6.8%
4.3%
净利率更高
SXT
高出3.1%
7.1%
两年增速更快
SXT
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $435.8M |
| 净利润 | $61.0M | $44.2M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 15.3% |
| 净利率 | 7.1% | 10.1% |
| 营收同比 | 4.3% | 11.1% |
| 净利润同比 | 251.4% | 28.2% |
| 每股收益（稀释后） | $0.20 | $1.04 |
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MATSXT
| Q1 26 | $862.2M | $435.8M | ||
| Q4 25 | $1.8B | $393.4M | ||
| Q3 25 | $1.7B | $412.1M | ||
| Q2 25 | $1.0B | $414.2M | ||
| Q1 25 | $826.6M | $392.3M | ||
| Q4 24 | $1.6B | $376.4M | ||
| Q3 24 | $1.8B | $392.6M | ||
| Q2 24 | $1.1B | $403.5M |
净利润MATSXT
| Q1 26 | $61.0M | $44.2M | ||
| Q4 25 | $106.2M | $25.5M | ||
| Q3 25 | $278.4M | $37.0M | ||
| Q2 25 | $53.4M | $37.6M | ||
| Q1 25 | $-40.3M | $34.5M | ||
| Q4 24 | $140.9M | $30.1M | ||
| Q3 24 | $372.4M | $32.7M | ||
| Q2 24 | $56.9M | $30.9M |
毛利率MATSXT
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 31.4% | ||
| Q3 25 | 50.0% | 34.3% | ||
| Q2 25 | 50.9% | 34.5% | ||
| Q1 25 | 49.4% | 33.6% | ||
| Q4 24 | 50.7% | 31.7% | ||
| Q3 24 | 53.1% | 33.2% | ||
| Q2 24 | 49.2% | 32.4% |
营业利润率MATSXT
| Q1 26 | — | 15.3% | ||
| Q4 25 | 8.0% | 9.7% | ||
| Q3 25 | 21.9% | 14.0% | ||
| Q2 25 | 7.7% | 13.9% | ||
| Q1 25 | -6.4% | 13.6% | ||
| Q4 24 | 9.6% | 11.2% | ||
| Q3 24 | 26.5% | 12.9% | ||
| Q2 24 | 7.7% | 12.3% |
净利率MATSXT
| Q1 26 | 7.1% | 10.1% | ||
| Q4 25 | 6.0% | 6.5% | ||
| Q3 25 | 16.0% | 9.0% | ||
| Q2 25 | 5.2% | 9.1% | ||
| Q1 25 | -4.9% | 8.8% | ||
| Q4 24 | 8.6% | 8.0% | ||
| Q3 24 | 20.2% | 8.3% | ||
| Q2 24 | 5.3% | 7.7% |
每股收益（稀释后）MATSXT
| Q1 26 | $0.20 | $1.04 | ||
| Q4 25 | $0.32 | $0.60 | ||
| Q3 25 | $0.88 | $0.87 | ||
| Q2 25 | $0.16 | $0.88 | ||
| Q1 25 | $-0.12 | $0.81 | ||
| Q4 24 | $0.40 | $0.71 | ||
| Q3 24 | $1.09 | $0.77 | ||
| Q2 24 | $0.17 | $0.73 |
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 | $38.5M |
| 总债务越低越好 | $2.3B | $767.8M |
| 股东权益账面价值 | $2.1B | $1.2B |
| 总资产 | $6.3B | $2.3B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.63× |
8季度趋势，按日历期对齐
现金及短期投资MATSXT
| Q1 26 | $866.0M | $38.5M | ||
| Q4 25 | $1.2B | $36.5M | ||
| Q3 25 | $691.9M | $42.7M | ||
| Q2 25 | $870.5M | $56.7M | ||
| Q1 25 | $1.2B | $32.6M | ||
| Q4 24 | $1.4B | $26.6M | ||
| Q3 24 | $723.5M | $37.0M | ||
| Q2 24 | $722.4M | $30.3M |
总债务MATSXT
| Q1 26 | $2.3B | $767.8M | ||
| Q4 25 | $2.3B | $709.2M | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | $613.5M | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATSXT
| Q1 26 | $2.1B | $1.2B | ||
| Q4 25 | $2.2B | $1.2B | ||
| Q3 25 | $2.3B | $1.2B | ||
| Q2 25 | $2.2B | $1.2B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.3B | $1.1B | ||
| Q3 24 | $2.3B | $1.1B | ||
| Q2 24 | $2.0B | $1.1B |
总资产MATSXT
| Q1 26 | $6.3B | $2.3B | ||
| Q4 25 | $6.6B | $2.2B | ||
| Q3 25 | $6.6B | $2.2B | ||
| Q2 25 | $6.2B | $2.2B | ||
| Q1 25 | $6.2B | $2.1B | ||
| Q4 24 | $6.5B | $2.0B | ||
| Q3 24 | $6.5B | $2.0B | ||
| Q2 24 | $5.9B | $2.0B |
负债/权益比MATSXT
| Q1 26 | 1.11× | 0.63× | ||
| Q4 25 | 1.04× | 0.59× | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | 0.58× | ||
| 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 | — | — |
| 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 | — | — |
| 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MATSXT
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $44.6M | ||
| Q3 25 | $72.0M | $44.0M | ||
| Q2 25 | $-300.1M | $48.3M | ||
| Q1 25 | $24.8M | $-9.0M | ||
| Q4 24 | $862.1M | $21.4M | ||
| Q3 24 | $155.8M | $76.8M | ||
| Q2 24 | $-252.9M | $43.8M |
自由现金流MATSXT
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $12.9M | ||
| Q3 25 | — | $24.2M | ||
| Q2 25 | — | $27.1M | ||
| Q1 25 | — | $-25.8M | ||
| Q4 24 | — | $-1.7M | ||
| Q3 24 | — | $63.6M | ||
| Q2 24 | — | $32.0M |
自由现金流率MATSXT
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 3.3% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | -6.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | — | 16.2% | ||
| Q2 24 | — | 7.9% |
资本支出强度MATSXT
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 8.0% | ||
| Q3 25 | — | 4.8% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 4.3% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 2.9% |
现金转化率MATSXT
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 1.75× | ||
| Q3 25 | 0.26× | 1.19× | ||
| Q2 25 | -5.62× | 1.28× | ||
| Q1 25 | — | -0.26× | ||
| Q4 24 | 6.12× | 0.71× | ||
| Q3 24 | 0.42× | 2.35× | ||
| Q2 24 | -4.45× | 1.42× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
