vs
美泰（MAT）与特诺控股（TROX）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特诺控股的1.1倍（$862.2M vs $760.0M），美泰同比增速更快（4.3% vs 4.1%），特诺控股自由现金流更多（$53.0M vs $-88.1M），过去两年特诺控股的营收复合增速更高（-3.7% 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。
特诺控股是一家业务遍及全球的美国化工企业，专注于钛制品领域，现有员工约6500名。在收购南非埃萨罗资源原有的矿砂业务后，特诺已成为全球规模最大的全产业链二氧化钛颜料供应商。二氧化钛颜料主要为涂料、塑料、纸张等产品增白增亮，特诺还拥有钛矿砂开采及加工业务。
MAT vs TROX — 直观对比
营收规模更大
MAT
是对方的1.1倍
$760.0M
营收增速更快
MAT
高出0.2%
4.1%
自由现金流更多
TROX
多$141.1M
$-88.1M
两年增速更快
TROX
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $760.0M |
| 净利润 | $61.0M | — |
| 毛利率 | 44.9% | 0.0% |
| 营业利润率 | — | — |
| 净利率 | 7.1% | — |
| 营收同比 | 4.3% | 4.1% |
| 净利润同比 | 251.4% | — |
| 每股收益（稀释后） | $0.20 | — |
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MATTROX
| Q1 26 | $862.2M | $760.0M | ||
| Q4 25 | $1.8B | $730.0M | ||
| Q3 25 | $1.7B | $699.0M | ||
| Q2 25 | $1.0B | $731.0M | ||
| Q1 25 | $826.6M | $738.0M | ||
| Q4 24 | $1.6B | $676.0M | ||
| Q3 24 | $1.8B | $804.0M | ||
| Q2 24 | $1.1B | $820.0M |
净利润MATTROX
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $-176.0M | ||
| Q3 25 | $278.4M | $-99.0M | ||
| Q2 25 | $53.4M | $-84.0M | ||
| Q1 25 | $-40.3M | $-111.0M | ||
| Q4 24 | $140.9M | $-30.0M | ||
| Q3 24 | $372.4M | $-25.0M | ||
| Q2 24 | $56.9M | $16.0M |
毛利率MATTROX
| Q1 26 | 44.9% | 0.0% | ||
| Q4 25 | 45.9% | 5.3% | ||
| Q3 25 | 50.0% | 7.4% | ||
| Q2 25 | 50.9% | 10.8% | ||
| Q1 25 | 49.4% | 13.4% | ||
| Q4 24 | 50.7% | 17.3% | ||
| Q3 24 | 53.1% | 15.9% | ||
| Q2 24 | 49.2% | 18.3% |
营业利润率MATTROX
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | -15.6% | ||
| Q3 25 | 21.9% | -6.2% | ||
| Q2 25 | 7.7% | -4.8% | ||
| Q1 25 | -6.4% | -8.3% | ||
| Q4 24 | 9.6% | 7.1% | ||
| Q3 24 | 26.5% | 6.7% | ||
| Q2 24 | 7.7% | 9.3% |
净利率MATTROX
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | -24.1% | ||
| Q3 25 | 16.0% | -14.2% | ||
| Q2 25 | 5.2% | -11.5% | ||
| Q1 25 | -4.9% | -15.0% | ||
| Q4 24 | 8.6% | -4.4% | ||
| Q3 24 | 20.2% | -3.1% | ||
| Q2 24 | 5.3% | 2.0% |
每股收益（稀释后）MATTROX
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $-1.11 | ||
| Q3 25 | $0.88 | $-0.63 | ||
| Q2 25 | $0.16 | $-0.53 | ||
| Q1 25 | $-0.12 | $-0.70 | ||
| Q4 24 | $0.40 | $-0.19 | ||
| Q3 24 | $1.09 | $-0.16 | ||
| Q2 24 | $0.17 | $0.10 |
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 | $126 |
| 总债务越低越好 | $2.3B | $133 |
| 股东权益账面价值 | $2.1B | $1.3K |
| 总资产 | $6.3B | $6.1K |
| 负债/权益比越低杠杆越低 | 1.11× | 0.10× |
8季度趋势，按日历期对齐
现金及短期投资MATTROX
| Q1 26 | $866.0M | $126 | ||
| Q4 25 | $1.2B | $199.0M | ||
| Q3 25 | $691.9M | $185.0M | ||
| Q2 25 | $870.5M | $132.0M | ||
| Q1 25 | $1.2B | $138.0M | ||
| Q4 24 | $1.4B | $151.0M | ||
| Q3 24 | $723.5M | $167.0M | ||
| Q2 24 | $722.4M | $201.0M |
总债务MATTROX
| Q1 26 | $2.3B | $133 | ||
| Q4 25 | $2.3B | $3.1B | ||
| Q3 25 | $2.3B | $3.1B | ||
| Q2 25 | $2.3B | $2.7B | ||
| Q1 25 | $2.3B | $2.8B | ||
| Q4 24 | $2.3B | $2.8B | ||
| Q3 24 | $2.3B | $2.8B | ||
| Q2 24 | $2.3B | $2.8B |
股东权益MATTROX
| Q1 26 | $2.1B | $1.3K | ||
| Q4 25 | $2.2B | $1.4B | ||
| Q3 25 | $2.3B | $1.6B | ||
| Q2 25 | $2.2B | $1.6B | ||
| Q1 25 | $2.1B | $1.7B | ||
| Q4 24 | $2.3B | $1.8B | ||
| Q3 24 | $2.3B | $1.9B | ||
| Q2 24 | $2.0B | $1.9B |
总资产MATTROX
| Q1 26 | $6.3B | $6.1K | ||
| Q4 25 | $6.6B | $6.2B | ||
| Q3 25 | $6.6B | $6.3B | ||
| Q2 25 | $6.2B | $6.2B | ||
| Q1 25 | $6.2B | $6.1B | ||
| Q4 24 | $6.5B | $6.0B | ||
| Q3 24 | $6.5B | $6.2B | ||
| Q2 24 | $5.9B | $6.1B |
负债/权益比MATTROX
| Q1 26 | 1.11× | 0.10× | ||
| Q4 25 | 1.04× | 2.21× | ||
| Q3 25 | 1.03× | 2.01× | ||
| Q2 25 | 1.08× | 1.67× | ||
| Q1 25 | 1.10× | 1.64× | ||
| Q4 24 | 1.03× | 1.57× | ||
| Q3 24 | 1.01× | 1.45× | ||
| Q2 24 | 1.18× | 1.47× |
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 | $53.0M |
| 自由现金流率自由现金流/营收 | -10.2% | 7.0% |
| 资本支出强度资本支出/营收 | 7.6% | 0.0% |
| 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 | — | $-86.0M |
8季度趋势，按日历期对齐
经营现金流MATTROX
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $121.0M | ||
| Q3 25 | $72.0M | $-57.0M | ||
| Q2 25 | $-300.1M | $28.0M | ||
| Q1 25 | $24.8M | $-32.0M | ||
| Q4 24 | $862.1M | $82.0M | ||
| Q3 24 | $155.8M | $87.0M | ||
| Q2 24 | $-252.9M | $160.0M |
自由现金流MATTROX
| Q1 26 | $-88.1M | $53.0M | ||
| Q4 25 | — | $53.0M | ||
| Q3 25 | — | $-137.0M | ||
| Q2 25 | — | $-55.0M | ||
| Q1 25 | — | $-142.0M | ||
| Q4 24 | — | $-35.0M | ||
| Q3 24 | — | $-14.0M | ||
| Q2 24 | — | $84.0M |
自由现金流率MATTROX
| Q1 26 | -10.2% | 7.0% | ||
| Q4 25 | — | 7.3% | ||
| Q3 25 | — | -19.6% | ||
| Q2 25 | — | -7.5% | ||
| Q1 25 | — | -19.2% | ||
| Q4 24 | — | -5.2% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | — | 10.2% |
资本支出强度MATTROX
| Q1 26 | 7.6% | 0.0% | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 11.4% | ||
| Q2 25 | — | 11.4% | ||
| Q1 25 | — | 14.9% | ||
| Q4 24 | — | 17.3% | ||
| Q3 24 | — | 12.6% | ||
| Q2 24 | — | 9.3% |
现金转化率MATTROX
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | — | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | -4.45× | 10.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
