vs
Mativ Holdings, Inc.（MATV）与巴诺书店（NE）财务数据对比。点击上方公司名可切换其他公司
巴诺书店的季度营收约是Mativ Holdings, Inc.的1.7倍（$764.4M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 11.3%，领先10.4%），Mativ Holdings, Inc.同比增速更快（1.0% vs -17.6%），巴诺书店自由现金流更多（$35.4M vs $8.0M），过去两年巴诺书店的营收复合增速更高（9.5% vs -3.8%）
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。
巴诺书店是美国知名连锁图书零售企业，拥有全美数量最多的实体零售网点，目前在美国境内共运营超过700家线下门店，为消费者提供各类书籍、文创产品及相关文化消费服务。
MATV vs NE — 直观对比
营收规模更大
NE
是对方的1.7倍
$463.1M
营收增速更快
MATV
高出18.6%
-17.6%
净利率更高
MATV
高出10.4%
11.3%
自由现金流更多
NE
多$27.4M
$8.0M
两年增速更快
NE
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $764.4M |
| 净利润 | $100.8M | $86.6M |
| 毛利率 | 18.8% | — |
| 营业利润率 | 2.2% | 5.6% |
| 净利率 | 21.8% | 11.3% |
| 营收同比 | 1.0% | -17.6% |
| 净利润同比 | 6620.0% | -10.4% |
| 每股收益（稀释后） | $1.87 | $0.54 |
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MATVNE
| Q4 25 | $463.1M | $764.4M | ||
| Q3 25 | $513.7M | $798.0M | ||
| Q2 25 | $525.4M | $848.7M | ||
| Q1 25 | $484.8M | $874.5M | ||
| Q4 24 | $458.6M | $927.3M | ||
| Q3 24 | $498.5M | $800.5M | ||
| Q2 24 | $523.8M | $692.8M | ||
| Q1 24 | $500.2M | $637.1M |
净利润MATVNE
| Q4 25 | $100.8M | $86.6M | ||
| Q3 25 | $-3.2M | $-21.1M | ||
| Q2 25 | $-9.5M | $42.9M | ||
| Q1 25 | $-425.5M | $108.3M | ||
| Q4 24 | $1.5M | $96.6M | ||
| Q3 24 | $-20.8M | $61.2M | ||
| Q2 24 | $-1.4M | $195.0M | ||
| Q1 24 | $-28.0M | $95.5M |
毛利率MATVNE
| 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MATVNE
| Q4 25 | 2.2% | 5.6% | ||
| Q3 25 | 3.1% | 6.3% | ||
| Q2 25 | 3.8% | 15.9% | ||
| Q1 25 | -88.8% | 21.4% | ||
| Q4 24 | 0.6% | 18.4% | ||
| Q3 24 | 1.4% | 14.4% | ||
| Q2 24 | 2.0% | 30.3% | ||
| Q1 24 | -2.8% | 16.9% |
净利率MATVNE
| Q4 25 | 21.8% | 11.3% | ||
| Q3 25 | -0.6% | -2.6% | ||
| Q2 25 | -1.8% | 5.1% | ||
| Q1 25 | -87.8% | 12.4% | ||
| Q4 24 | 0.3% | 10.4% | ||
| Q3 24 | -4.2% | 7.6% | ||
| Q2 24 | -0.3% | 28.1% | ||
| Q1 24 | -5.6% | 15.0% |
每股收益（稀释后）MATVNE
| Q4 25 | $1.87 | $0.54 | ||
| Q3 25 | $-0.06 | $-0.13 | ||
| Q2 25 | $-0.18 | $0.27 | ||
| Q1 25 | $-7.82 | $0.67 | ||
| Q4 24 | $0.03 | $0.56 | ||
| Q3 24 | $-0.38 | $0.40 | ||
| Q2 24 | $-0.03 | $1.34 | ||
| Q1 24 | $-0.52 | $0.66 |
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 | $471.4M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $498.7M | $4.5B |
| 总资产 | $2.1B | $7.5B |
| 负债/权益比越低杠杆越低 | 2.07× | — |
8季度趋势，按日历期对齐
现金及短期投资MATVNE
| Q4 25 | $84.2M | $471.4M | ||
| Q3 25 | $97.1M | $477.9M | ||
| Q2 25 | $95.6M | $338.2M | ||
| Q1 25 | $84.0M | $303.8M | ||
| Q4 24 | $94.3M | $247.3M | ||
| Q3 24 | $162.2M | $391.9M | ||
| Q2 24 | $133.4M | $162.9M | ||
| Q1 24 | $128.9M | $212.5M |
总债务MATVNE
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益MATVNE
| Q4 25 | $498.7M | $4.5B | ||
| Q3 25 | $397.4M | $4.5B | ||
| Q2 25 | $416.6M | $4.6B | ||
| Q1 25 | $428.2M | $4.7B | ||
| Q4 24 | $858.5M | $4.7B | ||
| Q3 24 | $882.3M | $4.7B | ||
| Q2 24 | $898.0M | $4.0B | ||
| Q1 24 | $906.9M | $3.9B |
总资产MATVNE
| Q4 25 | $2.1B | $7.5B | ||
| Q3 25 | $2.0B | $7.6B | ||
| Q2 25 | $2.1B | $7.7B | ||
| Q1 25 | $2.1B | $7.9B | ||
| Q4 24 | $2.4B | $8.0B | ||
| Q3 24 | $2.6B | $8.0B | ||
| Q2 24 | $2.6B | $5.6B | ||
| Q1 24 | $2.7B | $5.4B |
负债/权益比MATVNE
| Q4 25 | 2.07× | — | ||
| Q3 25 | 2.63× | — | ||
| Q2 25 | 2.66× | — | ||
| Q1 25 | 2.67× | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.32× | — | ||
| Q2 24 | 1.29× | — | ||
| Q1 24 | 1.30× | — |
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 | $187.1M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $35.4M |
| 自由现金流率自由现金流/营收 | 1.7% | 4.6% |
| 资本支出强度资本支出/营收 | 2.4% | 19.9% |
| 现金转化率经营现金流/净利润 | 0.19× | 2.16× |
| 过去12个月自由现金流最近4个季度 | $93.8M | $432.2M |
8季度趋势，按日历期对齐
经营现金流MATVNE
| Q4 25 | $19.3M | $187.1M | ||
| Q3 25 | $72.8M | $277.1M | ||
| Q2 25 | $57.6M | $216.4M | ||
| Q1 25 | $-15.9M | $271.1M | ||
| Q4 24 | $24.1M | $136.2M | ||
| Q3 24 | $37.6M | $283.8M | ||
| Q2 24 | $46.1M | $106.8M | ||
| Q1 24 | $-13.0M | $128.7M |
自由现金流MATVNE
| Q4 25 | $8.0M | $35.4M | ||
| Q3 25 | $66.7M | $139.5M | ||
| Q2 25 | $48.9M | $99.8M | ||
| Q1 25 | $-29.8M | $157.5M | ||
| Q4 24 | $2.0M | $-4.4M | ||
| Q3 24 | $25.5M | $156.8M | ||
| Q2 24 | $37.4M | $-34.3M | ||
| Q1 24 | $-25.1M | $-37.9M |
自由现金流率MATVNE
| Q4 25 | 1.7% | 4.6% | ||
| Q3 25 | 13.0% | 17.5% | ||
| Q2 25 | 9.3% | 11.8% | ||
| Q1 25 | -6.1% | 18.0% | ||
| Q4 24 | 0.4% | -0.5% | ||
| Q3 24 | 5.1% | 19.6% | ||
| Q2 24 | 7.1% | -4.9% | ||
| Q1 24 | -5.0% | -6.0% |
资本支出强度MATVNE
| Q4 25 | 2.4% | 19.9% | ||
| Q3 25 | 1.2% | 17.3% | ||
| Q2 25 | 1.7% | 13.7% | ||
| Q1 25 | 2.9% | 13.0% | ||
| Q4 24 | 4.8% | 15.2% | ||
| Q3 24 | 2.4% | 15.9% | ||
| Q2 24 | 1.7% | 20.4% | ||
| Q1 24 | 2.4% | 26.2% |
现金转化率MATVNE
| Q4 25 | 0.19× | 2.16× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.05× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | 16.07× | 1.41× | ||
| Q3 24 | — | 4.64× | ||
| Q2 24 | — | 0.55× | ||
| Q1 24 | — | 1.35× |
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% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
