vs
美泰（MAT）与Voya Financial, Inc.（VOYA）财务数据对比。点击上方公司名可切换其他公司
Voya Financial, Inc.的季度营收约是美泰的2.4倍（$2.0B vs $862.2M），Voya Financial, Inc.净利率更高（9.6% vs 7.1%，领先2.5%），美泰同比增速更快（4.3% vs 3.1%），过去两年Voya Financial, Inc.的营收复合增速更高（96.1% 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。
Voya Financial是总部位于美国纽约的金融服务机构，业务覆盖退休规划、投资管理及保险领域。其前身为ING集团美国运营子公司，2013年完成分拆并通过首次公开募股获得独立资金支持，2014年4月正式启用Voya Financial品牌，旗下前身机构最早在1970年代就已进入美国市场。
MAT vs VOYA — 直观对比
营收规模更大
VOYA
是对方的2.4倍
$862.2M
营收增速更快
MAT
高出1.2%
3.1%
净利率更高
VOYA
高出2.5%
7.1%
两年增速更快
VOYA
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $2.0B |
| 净利润 | $61.0M | $195.0M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | — |
| 净利率 | 7.1% | 9.6% |
| 营收同比 | 4.3% | 3.1% |
| 净利润同比 | 251.4% | 29.1% |
| 每股收益（稀释后） | $0.20 | $1.75 |
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MATVOYA
| Q1 26 | $862.2M | $2.0B | ||
| Q4 25 | $1.8B | $603.0M | ||
| Q3 25 | $1.7B | $572.0M | ||
| Q2 25 | $1.0B | $542.0M | ||
| Q1 25 | $826.6M | $538.0M | ||
| Q4 24 | $1.6B | $561.0M | ||
| Q3 24 | $1.8B | $542.0M | ||
| Q2 24 | $1.1B | $528.0M |
净利润MATVOYA
| Q1 26 | $61.0M | $195.0M | ||
| Q4 25 | $106.2M | $140.0M | ||
| Q3 25 | $278.4M | $192.0M | ||
| Q2 25 | $53.4M | $166.0M | ||
| Q1 25 | $-40.3M | $156.0M | ||
| Q4 24 | $140.9M | $97.0M | ||
| Q3 24 | $372.4M | $114.0M | ||
| Q2 24 | $56.9M | $205.0M |
毛利率MATVOYA
| 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MATVOYA
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 28.0% | ||
| Q3 25 | 21.9% | 53.7% | ||
| Q2 25 | 7.7% | 34.7% | ||
| Q1 25 | -6.4% | 32.2% | ||
| Q4 24 | 9.6% | 21.4% | ||
| Q3 24 | 26.5% | 21.4% | ||
| Q2 24 | 7.7% | 52.3% |
净利率MATVOYA
| Q1 26 | 7.1% | 9.6% | ||
| Q4 25 | 6.0% | 23.2% | ||
| Q3 25 | 16.0% | 33.6% | ||
| Q2 25 | 5.2% | 30.6% | ||
| Q1 25 | -4.9% | 29.0% | ||
| Q4 24 | 8.6% | 17.3% | ||
| Q3 24 | 20.2% | 21.0% | ||
| Q2 24 | 5.3% | 38.8% |
每股收益（稀释后）MATVOYA
| Q1 26 | $0.20 | $1.75 | ||
| Q4 25 | $0.32 | $1.41 | ||
| Q3 25 | $0.88 | $1.80 | ||
| Q2 25 | $0.16 | $1.66 | ||
| Q1 25 | $-0.12 | $1.42 | ||
| Q4 24 | $0.40 | $0.99 | ||
| Q3 24 | $1.09 | $0.98 | ||
| Q2 24 | $0.17 | $1.96 |
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 | $969.0M |
| 总债务越低越好 | $2.3B | $2.5B |
| 股东权益账面价值 | $2.1B | $6.5B |
| 总资产 | $6.3B | $173.4B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资MATVOYA
| Q1 26 | $866.0M | $969.0M | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $691.9M | — | ||
| Q2 25 | $870.5M | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $723.5M | — | ||
| Q2 24 | $722.4M | — |
总债务MATVOYA
| Q1 26 | $2.3B | $2.5B | ||
| Q4 25 | $2.3B | $2.1B | ||
| Q3 25 | $2.3B | $2.1B | ||
| Q2 25 | $2.3B | $2.1B | ||
| Q1 25 | $2.3B | $2.1B | ||
| Q4 24 | $2.3B | $2.5B | ||
| Q3 24 | $2.3B | $2.5B | ||
| Q2 24 | $2.3B | $2.1B |
股东权益MATVOYA
| Q1 26 | $2.1B | $6.5B | ||
| Q4 25 | $2.2B | $5.0B | ||
| Q3 25 | $2.3B | $5.0B | ||
| Q2 25 | $2.2B | $4.6B | ||
| Q1 25 | $2.1B | $4.4B | ||
| Q4 24 | $2.3B | $4.0B | ||
| Q3 24 | $2.3B | $4.7B | ||
| Q2 24 | $2.0B | $4.0B |
总资产MATVOYA
| Q1 26 | $6.3B | $173.4B | ||
| Q4 25 | $6.6B | $178.9B | ||
| Q3 25 | $6.6B | $177.4B | ||
| Q2 25 | $6.2B | $172.4B | ||
| Q1 25 | $6.2B | $163.9B | ||
| Q4 24 | $6.5B | $163.9B | ||
| Q3 24 | $6.5B | $166.9B | ||
| Q2 24 | $5.9B | $161.3B |
负债/权益比MATVOYA
| Q1 26 | 1.11× | 0.39× | ||
| Q4 25 | 1.04× | 0.42× | ||
| Q3 25 | 1.03× | 0.42× | ||
| Q2 25 | 1.08× | 0.45× | ||
| Q1 25 | 1.10× | 0.48× | ||
| Q4 24 | 1.03× | 0.62× | ||
| Q3 24 | 1.01× | 0.53× | ||
| Q2 24 | 1.18× | 0.52× |
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MATVOYA
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $557.0M | ||
| Q3 25 | $72.0M | $168.0M | ||
| Q2 25 | $-300.1M | $742.0M | ||
| Q1 25 | $24.8M | $-179.0M | ||
| Q4 24 | $862.1M | $79.0M | ||
| Q3 24 | $155.8M | $719.0M | ||
| Q2 24 | $-252.9M | $316.0M |
自由现金流MATVOYA
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率MATVOYA
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度MATVOYA
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率MATVOYA
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 3.98× | ||
| Q3 25 | 0.26× | 0.88× | ||
| Q2 25 | -5.62× | 4.47× | ||
| Q1 25 | — | -1.15× | ||
| Q4 24 | 6.12× | 0.81× | ||
| Q3 24 | 0.42× | 6.31× | ||
| Q2 24 | -4.45× | 1.54× |
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
VOYA
| Premiums | $744.0M | 37% |
| Fee income | $604.0M | 30% |
| Other | $574.0M | 28% |
| Other revenues | $109.0M | 5% |
