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Mativ Holdings, Inc.（MATV）与National Energy Services Reunited Corp.（NESR）财务数据对比。点击上方公司名可切换其他公司
Mativ Holdings, Inc.的季度营收约是National Energy Services Reunited Corp.的1.6倍（$463.1M vs $295.3M），Mativ Holdings, Inc.净利率更高（21.8% vs 6.0%，领先15.8%），Mativ Holdings, Inc.同比增速更快（1.0% vs -12.2%），Mativ Holdings, Inc.自由现金流更多（$8.0M vs $-34.1M）
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。
National Energy Services Reunited Corp.是一家领先的综合油田服务供应商，为油气上游运营商提供钻井建设、完井、生产运营及干预作业等全系列解决方案，核心市场覆盖中东、北非及东亚地区，服务各国国家石油公司及国际能源客户。
MATV vs NESR — 直观对比
营收规模更大
MATV
是对方的1.6倍
$295.3M
营收增速更快
MATV
高出13.1%
-12.2%
净利率更高
MATV
高出15.8%
6.0%
自由现金流更多
MATV
多$42.1M
$-34.1M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $295.3M |
| 净利润 | $100.8M | $17.7M |
| 毛利率 | 18.8% | 12.0% |
| 营业利润率 | 2.2% | 6.6% |
| 净利率 | 21.8% | 6.0% |
| 营收同比 | 1.0% | -12.2% |
| 净利润同比 | 6620.0% | -14.0% |
| 每股收益（稀释后） | $1.87 | $0.18 |
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MATVNESR
| Q4 25 | $463.1M | — | ||
| Q3 25 | $513.7M | $295.3M | ||
| Q2 25 | $525.4M | $327.4M | ||
| Q1 25 | $484.8M | $303.1M | ||
| Q4 24 | $458.6M | — | ||
| Q3 24 | $498.5M | $336.2M | ||
| Q2 24 | $523.8M | $325.0M | ||
| Q1 24 | $500.2M | — |
净利润MATVNESR
| Q4 25 | $100.8M | — | ||
| Q3 25 | $-3.2M | $17.7M | ||
| Q2 25 | $-9.5M | $15.2M | ||
| Q1 25 | $-425.5M | $10.4M | ||
| Q4 24 | $1.5M | — | ||
| Q3 24 | $-20.8M | $20.6M | ||
| Q2 24 | $-1.4M | $18.9M | ||
| Q1 24 | $-28.0M | — |
毛利率MATVNESR
| Q4 25 | 18.8% | — | ||
| Q3 25 | 19.3% | 12.0% | ||
| Q2 25 | 19.7% | 13.4% | ||
| Q1 25 | 15.0% | 12.4% | ||
| Q4 24 | 16.9% | — | ||
| Q3 24 | 18.8% | 15.9% | ||
| Q2 24 | 20.8% | 16.4% | ||
| Q1 24 | 16.8% | — |
营业利润率MATVNESR
| Q4 25 | 2.2% | — | ||
| Q3 25 | 3.1% | 6.6% | ||
| Q2 25 | 3.8% | 8.3% | ||
| Q1 25 | -88.8% | 6.9% | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 1.4% | 10.5% | ||
| Q2 24 | 2.0% | 10.5% | ||
| Q1 24 | -2.8% | — |
净利率MATVNESR
| Q4 25 | 21.8% | — | ||
| Q3 25 | -0.6% | 6.0% | ||
| Q2 25 | -1.8% | 4.6% | ||
| Q1 25 | -87.8% | 3.4% | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | -4.2% | 6.1% | ||
| Q2 24 | -0.3% | 5.8% | ||
| Q1 24 | -5.6% | — |
每股收益（稀释后）MATVNESR
| Q4 25 | $1.87 | — | ||
| Q3 25 | $-0.06 | $0.18 | ||
| Q2 25 | $-0.18 | $0.16 | ||
| Q1 25 | $-7.82 | $0.11 | ||
| Q4 24 | $0.03 | — | ||
| Q3 24 | $-0.38 | $0.22 | ||
| Q2 24 | $-0.03 | $0.20 | ||
| Q1 24 | $-0.52 | — |
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 | $69.7M |
| 总债务越低越好 | $1.0B | $274.1M |
| 股东权益账面价值 | $498.7M | $956.7M |
| 总资产 | $2.1B | $1.8B |
| 负债/权益比越低杠杆越低 | 2.07× | 0.29× |
8季度趋势，按日历期对齐
现金及短期投资MATVNESR
| Q4 25 | $84.2M | — | ||
| Q3 25 | $97.1M | $69.7M | ||
| Q2 25 | $95.6M | $131.8M | ||
| Q1 25 | $84.0M | $78.7M | ||
| Q4 24 | $94.3M | — | ||
| Q3 24 | $162.2M | $118.2M | ||
| Q2 24 | $133.4M | $75.0M | ||
| Q1 24 | $128.9M | — |
总债务MATVNESR
| Q4 25 | $1.0B | — | ||
| Q3 25 | $1.0B | $274.1M | ||
| Q2 25 | $1.1B | $291.7M | ||
| Q1 25 | $1.1B | $309.2M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.2B | $358.7M | ||
| Q2 24 | $1.2B | $376.7M | ||
| Q1 24 | $1.2B | — |
股东权益MATVNESR
| Q4 25 | $498.7M | — | ||
| Q3 25 | $397.4M | $956.7M | ||
| Q2 25 | $416.6M | $936.9M | ||
| Q1 25 | $428.2M | $920.5M | ||
| Q4 24 | $858.5M | — | ||
| Q3 24 | $882.3M | $873.5M | ||
| Q2 24 | $898.0M | $851.4M | ||
| Q1 24 | $906.9M | — |
总资产MATVNESR
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.0B | $1.8B | ||
| Q2 25 | $2.1B | $1.8B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.6B | $1.8B | ||
| Q1 24 | $2.7B | — |
负债/权益比MATVNESR
| Q4 25 | 2.07× | — | ||
| Q3 25 | 2.63× | 0.29× | ||
| Q2 25 | 2.66× | 0.31× | ||
| Q1 25 | 2.67× | 0.34× | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.32× | 0.41× | ||
| Q2 24 | 1.29× | 0.44× | ||
| 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 | $6.7M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $-34.1M |
| 自由现金流率自由现金流/营收 | 1.7% | -11.5% |
| 资本支出强度资本支出/营收 | 2.4% | 13.8% |
| 现金转化率经营现金流/净利润 | 0.19× | 0.38× |
| 过去12个月自由现金流最近4个季度 | $93.8M | $68.5M |
8季度趋势，按日历期对齐
经营现金流MATVNESR
| Q4 25 | $19.3M | — | ||
| Q3 25 | $72.8M | $6.7M | ||
| Q2 25 | $57.6M | $98.5M | ||
| Q1 25 | $-15.9M | $20.5M | ||
| Q4 24 | $24.1M | — | ||
| Q3 24 | $37.6M | $70.8M | ||
| Q2 24 | $46.1M | — | ||
| Q1 24 | $-13.0M | — |
自由现金流MATVNESR
| Q4 25 | $8.0M | — | ||
| Q3 25 | $66.7M | $-34.1M | ||
| Q2 25 | $48.9M | $68.7M | ||
| Q1 25 | $-29.8M | $-9.6M | ||
| Q4 24 | $2.0M | — | ||
| Q3 24 | $25.5M | $43.4M | ||
| Q2 24 | $37.4M | — | ||
| Q1 24 | $-25.1M | — |
自由现金流率MATVNESR
| Q4 25 | 1.7% | — | ||
| Q3 25 | 13.0% | -11.5% | ||
| Q2 25 | 9.3% | 21.0% | ||
| Q1 25 | -6.1% | -3.2% | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.1% | 12.9% | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -5.0% | — |
资本支出强度MATVNESR
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.2% | 13.8% | ||
| Q2 25 | 1.7% | 9.1% | ||
| Q1 25 | 2.9% | 9.9% | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 2.4% | 8.1% | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 2.4% | — |
现金转化率MATVNESR
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | 0.38× | ||
| Q2 25 | — | 6.48× | ||
| Q1 25 | — | 1.97× | ||
| Q4 24 | 16.07× | — | ||
| Q3 24 | — | 3.43× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
NESR
| Production Services | $174.4M | 59% |
| Drilling And Evaluation Services | $120.9M | 41% |
