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美泰（MAT）与Vestis Corp（VSTS）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Vestis Corp的1.3倍（$862.2M vs $663.4M），美泰净利率更高（7.1% vs -1.0%，领先8.0%），美泰同比增速更快（4.3% vs -3.0%），Vestis Corp自由现金流更多（$28.3M vs $-88.1M），过去两年Vestis Corp的营收复合增速更高（-3.0% 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。
Vestis Corp是北美领先的工作制服、安全防护服饰及配套设施服务供应商，服务覆盖医疗、制造、零售、餐饮住宿、公共服务等多个领域，为企业客户提供定制化的制服租赁、清洁与日常维护解决方案。
MAT vs VSTS — 直观对比
营收规模更大
MAT
是对方的1.3倍
$663.4M
营收增速更快
MAT
高出7.3%
-3.0%
净利率更高
MAT
高出8.0%
-1.0%
自由现金流更多
VSTS
多$116.4M
$-88.1M
两年增速更快
VSTS
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $663.4M |
| 净利润 | $61.0M | $-6.4M |
| 毛利率 | 44.9% | — |
| 营业利润率 | — | 2.5% |
| 净利率 | 7.1% | -1.0% |
| 营收同比 | 4.3% | -3.0% |
| 净利润同比 | 251.4% | -868.1% |
| 每股收益（稀释后） | $0.20 | $-0.05 |
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MATVSTS
| Q1 26 | $862.2M | $663.4M | ||
| Q4 25 | $1.8B | $712.0M | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.0B | $673.8M | ||
| Q1 25 | $826.6M | $665.2M | ||
| Q4 24 | $1.6B | $683.8M | ||
| Q3 24 | $1.8B | $684.3M | ||
| Q2 24 | $1.1B | $698.2M |
净利润MATVSTS
| Q1 26 | $61.0M | $-6.4M | ||
| Q4 25 | $106.2M | $-12.5M | ||
| Q3 25 | $278.4M | — | ||
| Q2 25 | $53.4M | $-676.0K | ||
| Q1 25 | $-40.3M | $-27.8M | ||
| Q4 24 | $140.9M | $832.0K | ||
| Q3 24 | $372.4M | $-2.3M | ||
| Q2 24 | $56.9M | $5.0M |
毛利率MATVSTS
| 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MATVSTS
| Q1 26 | — | 2.5% | ||
| Q4 25 | 8.0% | 2.5% | ||
| Q3 25 | 21.9% | — | ||
| Q2 25 | 7.7% | 3.7% | ||
| Q1 25 | -6.4% | -1.3% | ||
| Q4 24 | 9.6% | 4.4% | ||
| Q3 24 | 26.5% | 4.4% | ||
| Q2 24 | 7.7% | 5.4% |
净利率MATVSTS
| Q1 26 | 7.1% | -1.0% | ||
| Q4 25 | 6.0% | -1.8% | ||
| Q3 25 | 16.0% | — | ||
| Q2 25 | 5.2% | -0.1% | ||
| Q1 25 | -4.9% | -4.2% | ||
| Q4 24 | 8.6% | 0.1% | ||
| Q3 24 | 20.2% | -0.3% | ||
| Q2 24 | 5.3% | 0.7% |
每股收益（稀释后）MATVSTS
| Q1 26 | $0.20 | $-0.05 | ||
| Q4 25 | $0.32 | $-0.10 | ||
| Q3 25 | $0.88 | — | ||
| Q2 25 | $0.16 | $-0.01 | ||
| Q1 25 | $-0.12 | $-0.21 | ||
| Q4 24 | $0.40 | $0.01 | ||
| Q3 24 | $1.09 | $-0.02 | ||
| Q2 24 | $0.17 | $0.04 |
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 | $41.5M |
| 总债务越低越好 | $2.3B | — |
| 股东权益账面价值 | $2.1B | $864.4M |
| 总资产 | $6.3B | $2.9B |
| 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MATVSTS
| Q1 26 | $866.0M | $41.5M | ||
| Q4 25 | $1.2B | $29.7M | ||
| Q3 25 | $691.9M | — | ||
| Q2 25 | $870.5M | $23.7M | ||
| Q1 25 | $1.2B | $28.8M | ||
| Q4 24 | $1.4B | $18.6M | ||
| Q3 24 | $723.5M | $31.0M | ||
| Q2 24 | $722.4M | $29.1M |
总债务MATVSTS
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $1.2B | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.3B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | $1.2B | ||
| Q2 24 | $2.3B | — |
股东权益MATVSTS
| Q1 26 | $2.1B | $864.4M | ||
| Q4 25 | $2.2B | $865.6M | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.2B | $882.2M | ||
| Q1 25 | $2.1B | $876.3M | ||
| Q4 24 | $2.3B | $899.6M | ||
| Q3 24 | $2.3B | $903.1M | ||
| Q2 24 | $2.0B | $901.2M |
总资产MATVSTS
| Q1 26 | $6.3B | $2.9B | ||
| Q4 25 | $6.6B | $2.9B | ||
| Q3 25 | $6.6B | — | ||
| Q2 25 | $6.2B | $2.9B | ||
| Q1 25 | $6.2B | $2.9B | ||
| Q4 24 | $6.5B | $2.9B | ||
| Q3 24 | $6.5B | $2.9B | ||
| Q2 24 | $5.9B | $3.1B |
负债/权益比MATVSTS
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 1.35× | ||
| Q3 25 | 1.03× | — | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | — | ||
| Q3 24 | 1.01× | 1.29× | ||
| 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 | — | $37.7M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $28.3M |
| 自由现金流率自由现金流/营收 | -10.2% | 4.3% |
| 资本支出强度资本支出/营收 | 7.6% | 1.4% |
| 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 | — | $45.0M |
8季度趋势，按日历期对齐
经营现金流MATVSTS
| Q1 26 | — | $37.7M | ||
| Q4 25 | $796.6M | $30.9M | ||
| Q3 25 | $72.0M | — | ||
| Q2 25 | $-300.1M | $22.9M | ||
| Q1 25 | $24.8M | $6.7M | ||
| Q4 24 | $862.1M | $3.8M | ||
| Q3 24 | $155.8M | $295.6M | ||
| Q2 24 | $-252.9M | $48.7M |
自由现金流MATVSTS
| Q1 26 | $-88.1M | $28.3M | ||
| Q4 25 | — | $15.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $8.0M | ||
| Q1 25 | — | $-6.9M | ||
| Q4 24 | — | $-11.0M | ||
| Q3 24 | — | $267.5M | ||
| Q2 24 | — | $27.7M |
自由现金流率MATVSTS
| Q1 26 | -10.2% | 4.3% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | — | -1.6% | ||
| Q3 24 | — | 39.1% | ||
| Q2 24 | — | 4.0% |
资本支出强度MATVSTS
| Q1 26 | 7.6% | 1.4% | ||
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.2% | ||
| Q3 24 | — | 4.1% | ||
| Q2 24 | — | 3.0% |
现金转化率MATVSTS
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | -5.62× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.12× | 4.54× | ||
| Q3 24 | 0.42× | — | ||
| Q2 24 | -4.45× | 9.66× |
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
VSTS
| Workplace Supplies | $375.2M | 57% |
| Uniforms | $227.7M | 34% |
| Other | $60.5M | 9% |
