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美泰（MAT）与UNIFIRST CORP（UNF）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UNIFIRST CORP的1.4倍（$862.2M vs $621.3M），美泰净利率更高（7.1% vs 5.5%，领先1.5%），美泰同比增速更快（4.3% vs 2.7%），UNIFIRST CORP自由现金流更多（$-24.0M vs $-88.1M），过去两年UNIFIRST CORP的营收复合增速更高（2.3% 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。
UniFirst是总部位于美国马萨诸塞州威尔明顿的职业工装租赁服务商，业务覆盖工装及防护服装的生产、销售与租赁。公司拥有超过1.4万名员工，在美、加、欧设有260多处运营网点，涵盖客服中心、核净化设施、洁净车间、配送中心及生产工厂。
MAT vs UNF — 直观对比
营收规模更大
MAT
是对方的1.4倍
$621.3M
营收增速更快
MAT
高出1.6%
2.7%
净利率更高
MAT
高出1.5%
5.5%
自由现金流更多
UNF
多$64.1M
$-88.1M
两年增速更快
UNF
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $621.3M |
| 净利润 | $61.0M | $34.4M |
| 毛利率 | 44.9% | 36.7% |
| 营业利润率 | — | 7.3% |
| 净利率 | 7.1% | 5.5% |
| 营收同比 | 4.3% | 2.7% |
| 净利润同比 | 251.4% | -20.3% |
| 每股收益（稀释后） | $0.20 | $1.89 |
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MATUNF
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $621.3M | ||
| Q3 25 | $1.7B | $614.4M | ||
| Q2 25 | $1.0B | $610.8M | ||
| Q1 25 | $826.6M | — | ||
| Q4 24 | $1.6B | $604.9M | ||
| Q3 24 | $1.8B | $639.9M | ||
| Q2 24 | $1.1B | $603.3M |
净利润MATUNF
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $34.4M | ||
| Q3 25 | $278.4M | $41.0M | ||
| Q2 25 | $53.4M | $39.7M | ||
| Q1 25 | $-40.3M | — | ||
| Q4 24 | $140.9M | $43.1M | ||
| Q3 24 | $372.4M | $44.6M | ||
| Q2 24 | $56.9M | $38.1M |
毛利率MATUNF
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 36.7% | ||
| Q3 25 | 50.0% | 37.8% | ||
| Q2 25 | 50.9% | 36.9% | ||
| Q1 25 | 49.4% | — | ||
| Q4 24 | 50.7% | 37.0% | ||
| Q3 24 | 53.1% | 36.1% | ||
| Q2 24 | 49.2% | 35.2% |
营业利润率MATUNF
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 7.3% | ||
| Q3 25 | 21.9% | 8.1% | ||
| Q2 25 | 7.7% | 7.9% | ||
| Q1 25 | -6.4% | — | ||
| Q4 24 | 9.6% | 9.2% | ||
| Q3 24 | 26.5% | 8.4% | ||
| Q2 24 | 7.7% | 8.0% |
净利率MATUNF
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 5.5% | ||
| Q3 25 | 16.0% | 6.7% | ||
| Q2 25 | 5.2% | 6.5% | ||
| Q1 25 | -4.9% | — | ||
| Q4 24 | 8.6% | 7.1% | ||
| Q3 24 | 20.2% | 7.0% | ||
| Q2 24 | 5.3% | 6.3% |
每股收益（稀释后）MATUNF
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $1.89 | ||
| Q3 25 | $0.88 | $2.23 | ||
| Q2 25 | $0.16 | $2.13 | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $0.40 | $2.31 | ||
| Q3 24 | $1.09 | $2.39 | ||
| Q2 24 | $0.17 | $2.03 |
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 | $129.5M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $2.2B |
| 总资产 | $6.3B | $2.8B |
| 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MATUNF
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $129.5M | ||
| Q3 25 | $691.9M | $209.2M | ||
| Q2 25 | $870.5M | $211.9M | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.4B | $181.0M | ||
| Q3 24 | $723.5M | $175.1M | ||
| Q2 24 | $722.4M | $125.4M |
总债务MATUNF
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
股东权益MATUNF
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $2.2B | ||
| Q3 25 | $2.3B | $2.2B | ||
| Q2 25 | $2.2B | $2.2B | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.3B | $2.1B | ||
| Q3 24 | $2.3B | $2.1B | ||
| Q2 24 | $2.0B | $2.1B |
总资产MATUNF
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $2.8B | ||
| Q3 25 | $6.6B | $2.8B | ||
| Q2 25 | $6.2B | $2.8B | ||
| Q1 25 | $6.2B | — | ||
| Q4 24 | $6.5B | $2.7B | ||
| Q3 24 | $6.5B | $2.7B | ||
| Q2 24 | $5.9B | $2.7B |
负债/权益比MATUNF
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | — | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| 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 | — | $14.9M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $-24.0M |
| 自由现金流率自由现金流/营收 | -10.2% | -3.9% |
| 资本支出强度资本支出/营收 | 7.6% | 6.3% |
| 现金转化率经营现金流/净利润 | — | 0.43× |
| 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MATUNF
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $14.9M | ||
| Q3 25 | $72.0M | — | ||
| Q2 25 | $-300.1M | $138.4M | ||
| Q1 25 | $24.8M | — | ||
| Q4 24 | $862.1M | $58.1M | ||
| Q3 24 | $155.8M | $102.3M | ||
| Q2 24 | $-252.9M | $86.3M |
自由现金流MATUNF
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $-24.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $62.1M | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $24.6M | ||
| Q3 24 | — | $63.8M | ||
| Q2 24 | — | $37.3M |
自由现金流率MATUNF
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | -3.9% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 10.2% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.1% | ||
| Q3 24 | — | 10.0% | ||
| Q2 24 | — | 6.2% |
资本支出强度MATUNF
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 6.3% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 6.0% | ||
| Q2 24 | — | 8.1% |
现金转化率MATUNF
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 0.43× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | 3.49× | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 1.35× | ||
| Q3 24 | 0.42× | 2.29× | ||
| Q2 24 | -4.45× | 2.27× |
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
UNF
| Uniforms And Facility Service Solutions | $568.8M | 92% |
| First Aid And Safety Solutions | $30.8M | 5% |
| Other | $22.9M | 4% |
| Served As An Senior Officer | $400.0K | 0% |
