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Mativ Holdings, Inc.（MATV）与MDU RESOURCES GROUP INC（MDU）财务数据对比。点击上方公司名可切换其他公司
MDU RESOURCES GROUP INC的季度营收约是Mativ Holdings, Inc.的1.1倍（$522.6M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 14.6%，领先7.2%），Mativ Holdings, Inc.同比增速更快（1.0% vs -1.6%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-336.0M），过去两年Mativ Holdings, Inc.的营收复合增速更高（-3.8% vs -5.7%）
Mativ Holdings是一家全球特种材料制造商，主要生产高性能先进聚合物、无纺布、过滤解决方案及功能性涂层材料，服务医疗、工业、消费品、航空航天、能源等领域，业务遍及北美、欧洲及亚太地区。
MDU资源集团是一家总部位于美国北达科他州俾斯麦的企业，业务涵盖受监管的能源输送供应，以及公用事业相关的建筑材料与服务，业务范围覆盖美国48个州，是当地能源及基建服务领域的重要参与者。
MATV vs MDU — 直观对比
营收规模更大
MDU
是对方的1.1倍
$463.1M
营收增速更快
MATV
高出2.6%
-1.6%
净利率更高
MATV
高出7.2%
14.6%
自由现金流更多
MATV
多$344.0M
$-336.0M
两年增速更快
MATV
近两年复合增速
-5.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $522.6M |
| 净利润 | $100.8M | $76.3M |
| 毛利率 | 18.8% | — |
| 营业利润率 | 2.2% | 20.5% |
| 净利率 | 21.8% | 14.6% |
| 营收同比 | 1.0% | -1.6% |
| 净利润同比 | 6620.0% | 38.4% |
| 每股收益（稀释后） | $1.87 | $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MATVMDU
| Q4 25 | $463.1M | $522.6M | ||
| Q3 25 | $513.7M | $313.6M | ||
| Q2 25 | $525.4M | $348.7M | ||
| Q1 25 | $484.8M | $678.0M | ||
| Q4 24 | $458.6M | $531.0M | ||
| Q3 24 | $498.5M | $290.7M | ||
| Q2 24 | $523.8M | $343.1M | ||
| Q1 24 | $500.2M | $588.2M |
净利润MATVMDU
| Q4 25 | $100.8M | $76.3M | ||
| Q3 25 | $-3.2M | $18.3M | ||
| Q2 25 | $-9.5M | $13.8M | ||
| Q1 25 | $-425.5M | $82.0M | ||
| Q4 24 | $1.5M | $55.2M | ||
| Q3 24 | $-20.8M | $64.6M | ||
| Q2 24 | $-1.4M | $60.4M | ||
| Q1 24 | $-28.0M | $100.9M |
毛利率MATVMDU
| Q4 25 | 18.8% | — | ||
| Q3 25 | 19.3% | — | ||
| Q2 25 | 19.7% | — | ||
| Q1 25 | 15.0% | — | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 18.8% | — | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 16.8% | — |
营业利润率MATVMDU
| Q4 25 | 2.2% | 20.5% | ||
| Q3 25 | 3.1% | 12.7% | ||
| Q2 25 | 3.8% | 8.7% | ||
| Q1 25 | -88.8% | 16.6% | ||
| Q4 24 | 0.6% | 17.8% | ||
| Q3 24 | 1.4% | 12.0% | ||
| Q2 24 | 2.0% | 11.5% | ||
| Q1 24 | -2.8% | 16.4% |
净利率MATVMDU
| Q4 25 | 21.8% | 14.6% | ||
| Q3 25 | -0.6% | 5.8% | ||
| Q2 25 | -1.8% | 4.0% | ||
| Q1 25 | -87.8% | 12.1% | ||
| Q4 24 | 0.3% | 10.4% | ||
| Q3 24 | -4.2% | 22.2% | ||
| Q2 24 | -0.3% | 17.6% | ||
| Q1 24 | -5.6% | 17.2% |
每股收益（稀释后）MATVMDU
| Q4 25 | $1.87 | $0.37 | ||
| Q3 25 | $-0.06 | $0.09 | ||
| Q2 25 | $-0.18 | $0.07 | ||
| Q1 25 | $-7.82 | $0.40 | ||
| Q4 24 | $0.03 | $0.26 | ||
| Q3 24 | $-0.38 | $0.32 | ||
| Q2 24 | $-0.03 | $0.30 | ||
| Q1 24 | $-0.52 | $0.49 |
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 | $84.2M | $28.2M |
| 总债务越低越好 | $1.0B | $2.7B |
| 股东权益账面价值 | $498.7M | $2.8B |
| 总资产 | $2.1B | $7.6B |
| 负债/权益比越低杠杆越低 | 2.07× | 0.97× |
8季度趋势，按日历期对齐
现金及短期投资MATVMDU
| Q4 25 | $84.2M | $28.2M | ||
| Q3 25 | $97.1M | $75.9M | ||
| Q2 25 | $95.6M | $58.8M | ||
| Q1 25 | $84.0M | $59.5M | ||
| Q4 24 | $94.3M | $66.9M | ||
| Q3 24 | $162.2M | $88.3M | ||
| Q2 24 | $133.4M | $78.8M | ||
| Q1 24 | $128.9M | $72.7M |
总债务MATVMDU
| Q4 25 | $1.0B | $2.7B | ||
| Q3 25 | $1.0B | $2.4B | ||
| Q2 25 | $1.1B | $2.2B | ||
| Q1 25 | $1.1B | $2.2B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $1.2B | $2.3B | ||
| Q2 24 | $1.2B | $2.3B | ||
| Q1 24 | $1.2B | $2.3B |
股东权益MATVMDU
| Q4 25 | $498.7M | $2.8B | ||
| Q3 25 | $397.4M | $2.7B | ||
| Q2 25 | $416.6M | $2.7B | ||
| Q1 25 | $428.2M | $2.7B | ||
| Q4 24 | $858.5M | $2.7B | ||
| Q3 24 | $882.3M | $3.1B | ||
| Q2 24 | $898.0M | $3.0B | ||
| Q1 24 | $906.9M | $3.0B |
总资产MATVMDU
| Q4 25 | $2.1B | $7.6B | ||
| Q3 25 | $2.0B | $7.2B | ||
| Q2 25 | $2.1B | $6.9B | ||
| Q1 25 | $2.1B | $7.0B | ||
| Q4 24 | $2.4B | $7.0B | ||
| Q3 24 | $2.6B | $8.2B | ||
| Q2 24 | $2.6B | $8.0B | ||
| Q1 24 | $2.7B | $7.8B |
负债/权益比MATVMDU
| Q4 25 | 2.07× | 0.97× | ||
| Q3 25 | 2.63× | 0.86× | ||
| Q2 25 | 2.66× | 0.80× | ||
| Q1 25 | 2.67× | 0.80× | ||
| Q4 24 | 1.30× | 0.85× | ||
| Q3 24 | 1.32× | 0.76× | ||
| Q2 24 | 1.29× | 0.75× | ||
| Q1 24 | 1.30× | 0.76× |
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 | $19.3M | $80.6M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $-336.0M |
| 自由现金流率自由现金流/营收 | 1.7% | -64.3% |
| 资本支出强度资本支出/营收 | 2.4% | 79.7% |
| 现金转化率经营现金流/净利润 | 0.19× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $93.8M | $-297.0M |
8季度趋势，按日历期对齐
经营现金流MATVMDU
| Q4 25 | $19.3M | $80.6M | ||
| Q3 25 | $72.8M | $57.9M | ||
| Q2 25 | $57.6M | $117.4M | ||
| Q1 25 | $-15.9M | $217.5M | ||
| Q4 24 | $24.1M | $60.5M | ||
| Q3 24 | $37.6M | $140.2M | ||
| Q2 24 | $46.1M | $136.5M | ||
| Q1 24 | $-13.0M | $165.1M |
自由现金流MATVMDU
| Q4 25 | $8.0M | $-336.0M | ||
| Q3 25 | $66.7M | $-121.9M | ||
| Q2 25 | $48.9M | $36.5M | ||
| Q1 25 | $-29.8M | $124.4M | ||
| Q4 24 | $2.0M | $-95.8M | ||
| Q3 24 | $25.5M | $673.0K | ||
| Q2 24 | $37.4M | $26.5M | ||
| Q1 24 | $-25.1M | $48.1M |
自由现金流率MATVMDU
| Q4 25 | 1.7% | -64.3% | ||
| Q3 25 | 13.0% | -38.9% | ||
| Q2 25 | 9.3% | 10.5% | ||
| Q1 25 | -6.1% | 18.4% | ||
| Q4 24 | 0.4% | -18.0% | ||
| Q3 24 | 5.1% | 0.2% | ||
| Q2 24 | 7.1% | 7.7% | ||
| Q1 24 | -5.0% | 8.2% |
资本支出强度MATVMDU
| Q4 25 | 2.4% | 79.7% | ||
| Q3 25 | 1.2% | 57.3% | ||
| Q2 25 | 1.7% | 23.2% | ||
| Q1 25 | 2.9% | 13.7% | ||
| Q4 24 | 4.8% | 29.4% | ||
| Q3 24 | 2.4% | 48.0% | ||
| Q2 24 | 1.7% | 32.0% | ||
| Q1 24 | 2.4% | 19.9% |
现金转化率MATVMDU
| Q4 25 | 0.19× | 1.06× | ||
| Q3 25 | — | 3.16× | ||
| Q2 25 | — | 8.52× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | 16.07× | 1.10× | ||
| Q3 24 | — | 2.17× | ||
| Q2 24 | — | 2.26× | ||
| Q1 24 | — | 1.64× |
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
MATV
| Other | $208.7M | 45% |
| SAS Segment | $157.4M | 34% |
| FAM Segment | $97.0M | 21% |
MDU
| Natural Gas Distribution | $382.8M | 73% |
| Commercial Utility Sales | $42.7M | 8% |
| Residential Utility Sales | $33.7M | 6% |
| Pipelineand Midstream | $31.1M | 6% |
| Natural Gas Transportation | $17.2M | 3% |
| Industrial Utility Sales | $10.1M | 2% |
| Natural Gas Storage | $6.4M | 1% |
| Other Utility Sales | $1.9M | 0% |
