vs
美泰（MAT）与Worthington Steel, Inc.（WS）财务数据对比。点击上方公司名可切换其他公司
Worthington Steel, Inc.的季度营收约是美泰的1.0倍（$871.9M vs $862.2M），美泰净利率更高（7.1% vs 2.2%，领先4.9%），Worthington Steel, Inc.同比增速更快（18.0% vs 4.3%），Worthington Steel, Inc.自由现金流更多（$74.6M vs $-88.1M），过去两年Worthington Steel, Inc.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。
沃辛顿钢铁是总部位于美国俄亥俄州哥伦布市的工业制造企业，下设消费品和建筑建材两大业务板块，主营各类压力容器的设计与生产，覆盖丙烷、氧气、氦气储罐，制冷剂及工业气瓶，露营与民用气瓶，以及用于存储、处理、加热、扩容和流量控制的供水系统罐体等产品。
MAT vs WS — 直观对比
营收规模更大
WS
是对方的1.0倍
$862.2M
营收增速更快
WS
高出13.7%
4.3%
净利率更高
MAT
高出4.9%
2.2%
自由现金流更多
WS
多$162.7M
$-88.1M
两年增速更快
WS
近两年复合增速
-10.6%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $862.2M | $871.9M |
| 净利润 | $61.0M | $18.8M |
| 毛利率 | 44.9% | 10.7% |
| 营业利润率 | — | 2.5% |
| 净利率 | 7.1% | 2.2% |
| 营收同比 | 4.3% | 18.0% |
| 净利润同比 | 251.4% | 46.9% |
| 每股收益（稀释后） | $0.20 | $0.37 |
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MATWS
| Q1 26 | $862.2M | — | ||
| Q4 25 | $1.8B | $871.9M | ||
| Q3 25 | $1.7B | $872.9M | ||
| Q2 25 | $1.0B | $832.9M | ||
| Q1 25 | $826.6M | $687.4M | ||
| Q4 24 | $1.6B | $739.0M | ||
| Q3 24 | $1.8B | $834.0M | ||
| Q2 24 | $1.1B | — |
净利润MATWS
| Q1 26 | $61.0M | — | ||
| Q4 25 | $106.2M | $18.8M | ||
| Q3 25 | $278.4M | $36.8M | ||
| Q2 25 | $53.4M | $55.7M | ||
| Q1 25 | $-40.3M | $13.8M | ||
| Q4 24 | $140.9M | $12.8M | ||
| Q3 24 | $372.4M | $28.4M | ||
| Q2 24 | $56.9M | — |
毛利率MATWS
| Q1 26 | 44.9% | — | ||
| Q4 25 | 45.9% | 10.7% | ||
| Q3 25 | 50.0% | 13.2% | ||
| Q2 25 | 50.9% | 15.2% | ||
| Q1 25 | 49.4% | 11.8% | ||
| Q4 24 | 50.7% | 10.8% | ||
| Q3 24 | 53.1% | 12.0% | ||
| Q2 24 | 49.2% | — |
营业利润率MATWS
| Q1 26 | — | — | ||
| Q4 25 | 8.0% | 2.5% | ||
| Q3 25 | 21.9% | 5.5% | ||
| Q2 25 | 7.7% | 8.0% | ||
| Q1 25 | -6.4% | 2.7% | ||
| Q4 24 | 9.6% | 2.6% | ||
| Q3 24 | 26.5% | 5.2% | ||
| Q2 24 | 7.7% | — |
净利率MATWS
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.0% | 2.2% | ||
| Q3 25 | 16.0% | 4.2% | ||
| Q2 25 | 5.2% | 6.7% | ||
| Q1 25 | -4.9% | 2.0% | ||
| Q4 24 | 8.6% | 1.7% | ||
| Q3 24 | 20.2% | 3.4% | ||
| Q2 24 | 5.3% | — |
每股收益（稀释后）MATWS
| Q1 26 | $0.20 | — | ||
| Q4 25 | $0.32 | $0.37 | ||
| Q3 25 | $0.88 | $0.72 | ||
| Q2 25 | $0.16 | $1.11 | ||
| Q1 25 | $-0.12 | $0.27 | ||
| Q4 24 | $0.40 | $0.25 | ||
| Q3 24 | $1.09 | $0.56 | ||
| Q2 24 | $0.17 | — |
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 | $89.8M |
| 总债务越低越好 | $2.3B | $72.1M |
| 股东权益账面价值 | $2.1B | $1.1B |
| 总资产 | $6.3B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.11× | 0.06× |
8季度趋势，按日历期对齐
现金及短期投资MATWS
| Q1 26 | $866.0M | — | ||
| Q4 25 | $1.2B | $89.8M | ||
| Q3 25 | $691.9M | $78.3M | ||
| Q2 25 | $870.5M | $38.0M | ||
| Q1 25 | $1.2B | $63.3M | ||
| Q4 24 | $1.4B | $52.0M | ||
| Q3 24 | $723.5M | $36.0M | ||
| Q2 24 | $722.4M | — |
总债务MATWS
| Q1 26 | $2.3B | — | ||
| Q4 25 | $2.3B | $72.1M | ||
| Q3 25 | $2.3B | $73.4M | ||
| Q2 25 | $2.3B | $151.5M | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $2.3B | $115.0M | ||
| Q3 24 | $2.3B | $122.2M | ||
| Q2 24 | $2.3B | — |
股东权益MATWS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.2B | $1.1B | ||
| Q3 25 | $2.3B | $1.1B | ||
| Q2 25 | $2.2B | $1.1B | ||
| Q1 25 | $2.1B | $1.0B | ||
| Q4 24 | $2.3B | $1.0B | ||
| Q3 24 | $2.3B | $1.0B | ||
| Q2 24 | $2.0B | — |
总资产MATWS
| Q1 26 | $6.3B | — | ||
| Q4 25 | $6.6B | $2.1B | ||
| Q3 25 | $6.6B | $2.2B | ||
| Q2 25 | $6.2B | $2.0B | ||
| Q1 25 | $6.2B | $1.8B | ||
| Q4 24 | $6.5B | $1.7B | ||
| Q3 24 | $6.5B | $1.8B | ||
| Q2 24 | $5.9B | — |
负债/权益比MATWS
| Q1 26 | 1.11× | — | ||
| Q4 25 | 1.04× | 0.06× | ||
| Q3 25 | 1.03× | 0.07× | ||
| Q2 25 | 1.08× | 0.14× | ||
| Q1 25 | 1.10× | — | ||
| Q4 24 | 1.03× | 0.11× | ||
| Q3 24 | 1.01× | 0.12× | ||
| 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 | — | $99.3M |
| 自由现金流经营现金流 - 资本支出 | $-88.1M | $74.6M |
| 自由现金流率自由现金流/营收 | -10.2% | 8.6% |
| 资本支出强度资本支出/营收 | 7.6% | 2.8% |
| 现金转化率经营现金流/净利润 | — | 5.28× |
| 过去12个月自由现金流最近4个季度 | — | $72.5M |
8季度趋势，按日历期对齐
经营现金流MATWS
| Q1 26 | — | — | ||
| Q4 25 | $796.6M | $99.3M | ||
| Q3 25 | $72.0M | $-6.3M | ||
| Q2 25 | $-300.1M | $53.9M | ||
| Q1 25 | $24.8M | $53.8M | ||
| Q4 24 | $862.1M | $68.0M | ||
| Q3 24 | $155.8M | $54.6M | ||
| Q2 24 | $-252.9M | — |
自由现金流MATWS
| Q1 26 | $-88.1M | — | ||
| Q4 25 | — | $74.6M | ||
| Q3 25 | — | $-35.7M | ||
| Q2 25 | — | $8.4M | ||
| Q1 25 | — | $25.2M | ||
| Q4 24 | — | $33.2M | ||
| Q3 24 | — | $33.1M | ||
| Q2 24 | — | — |
自由现金流率MATWS
| Q1 26 | -10.2% | — | ||
| Q4 25 | — | 8.6% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 3.7% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.0% | ||
| Q2 24 | — | — |
资本支出强度MATWS
| Q1 26 | 7.6% | — | ||
| Q4 25 | — | 2.8% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 5.5% | ||
| Q1 25 | — | 4.2% | ||
| Q4 24 | — | 4.7% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | — |
现金转化率MATWS
| Q1 26 | — | — | ||
| Q4 25 | 7.50× | 5.28× | ||
| Q3 25 | 0.26× | -0.17× | ||
| Q2 25 | -5.62× | 0.97× | ||
| Q1 25 | — | 3.90× | ||
| Q4 24 | 6.12× | 5.31× | ||
| Q3 24 | 0.42× | 1.92× | ||
| Q2 24 | -4.45× | — |
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
WS
| Direct | $844.1M | 97% |
| Toll | $27.8M | 3% |
