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Mativ Holdings, Inc.（MATV）与PIPER SANDLER COMPANIES（PIPR）财务数据对比。点击上方公司名可切换其他公司
PIPER SANDLER COMPANIES的季度营收约是Mativ Holdings, Inc.的1.4倍（$667.0M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 17.1%，领先4.7%），PIPER SANDLER COMPANIES同比增速更快（37.4% vs 1.0%），过去两年PIPER SANDLER COMPANIES的营收复合增速更高（39.2% 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。
Piper Sandler是一家美国跨国投资银行及金融服务提供商，核心业务覆盖并购重组、财务重整、公开募股、公共财政、机构经纪、投资管理、证券研究等领域，通过旗下核心子公司Piper Sandler & Co.为企业、机构投资者及公共组织提供专业金融服务。
MATV vs PIPR — 直观对比
营收规模更大
PIPR
是对方的1.4倍
$463.1M
营收增速更快
PIPR
高出36.4%
1.0%
净利率更高
MATV
高出4.7%
17.1%
两年增速更快
PIPR
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $667.0M |
| 净利润 | $100.8M | $114.0M |
| 毛利率 | 18.8% | — |
| 营业利润率 | 2.2% | 28.3% |
| 净利率 | 21.8% | 17.1% |
| 营收同比 | 1.0% | 37.4% |
| 净利润同比 | 6620.0% | 65.0% |
| 每股收益（稀释后） | $1.87 | $6.41 |
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MATVPIPR
| Q4 25 | $463.1M | $667.0M | ||
| Q3 25 | $513.7M | $480.1M | ||
| Q2 25 | $525.4M | $398.6M | ||
| Q1 25 | $484.8M | $358.6M | ||
| Q4 24 | $458.6M | $485.4M | ||
| Q3 24 | $498.5M | $360.9M | ||
| Q2 24 | $523.8M | $340.8M | ||
| Q1 24 | $500.2M | $344.4M |
净利润MATVPIPR
| Q4 25 | $100.8M | $114.0M | ||
| Q3 25 | $-3.2M | $60.3M | ||
| Q2 25 | $-9.5M | $42.2M | ||
| Q1 25 | $-425.5M | $64.9M | ||
| Q4 24 | $1.5M | $69.1M | ||
| Q3 24 | $-20.8M | $34.8M | ||
| Q2 24 | $-1.4M | $34.8M | ||
| Q1 24 | $-28.0M | $42.5M |
毛利率MATVPIPR
| 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MATVPIPR
| Q4 25 | 2.2% | 28.3% | ||
| Q3 25 | 3.1% | 22.4% | ||
| Q2 25 | 3.8% | 12.3% | ||
| Q1 25 | -88.8% | 8.2% | ||
| Q4 24 | 0.6% | 16.9% | ||
| Q3 24 | 1.4% | 15.4% | ||
| Q2 24 | 2.0% | 8.3% | ||
| Q1 24 | -2.8% | 15.2% |
净利率MATVPIPR
| Q4 25 | 21.8% | 17.1% | ||
| Q3 25 | -0.6% | 12.6% | ||
| Q2 25 | -1.8% | 10.6% | ||
| Q1 25 | -87.8% | 18.1% | ||
| Q4 24 | 0.3% | 14.2% | ||
| Q3 24 | -4.2% | 9.6% | ||
| Q2 24 | -0.3% | 10.2% | ||
| Q1 24 | -5.6% | 12.3% |
每股收益（稀释后）MATVPIPR
| Q4 25 | $1.87 | $6.41 | ||
| Q3 25 | $-0.06 | $3.38 | ||
| Q2 25 | $-0.18 | $2.38 | ||
| Q1 25 | $-7.82 | $3.65 | ||
| Q4 24 | $0.03 | $3.88 | ||
| Q3 24 | $-0.38 | $1.96 | ||
| Q2 24 | $-0.03 | $1.97 | ||
| Q1 24 | $-0.52 | $2.43 |
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 | — |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $498.7M | $1.4B |
| 总资产 | $2.1B | $2.6B |
| 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MATVPIPR
| Q4 25 | $84.2M | — | ||
| Q3 25 | $97.1M | — | ||
| Q2 25 | $95.6M | — | ||
| Q1 25 | $84.0M | — | ||
| Q4 24 | $94.3M | — | ||
| Q3 24 | $162.2M | — | ||
| Q2 24 | $133.4M | — | ||
| Q1 24 | $128.9M | — |
总债务MATVPIPR
| 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MATVPIPR
| Q4 25 | $498.7M | $1.4B | ||
| Q3 25 | $397.4M | $1.3B | ||
| Q2 25 | $416.6M | $1.2B | ||
| Q1 25 | $428.2M | $1.2B | ||
| Q4 24 | $858.5M | $1.2B | ||
| Q3 24 | $882.3M | $1.2B | ||
| Q2 24 | $898.0M | $1.1B | ||
| Q1 24 | $906.9M | $1.1B |
总资产MATVPIPR
| Q4 25 | $2.1B | $2.6B | ||
| Q3 25 | $2.0B | $2.2B | ||
| Q2 25 | $2.1B | $2.0B | ||
| Q1 25 | $2.1B | $1.8B | ||
| Q4 24 | $2.4B | $2.3B | ||
| Q3 24 | $2.6B | $2.0B | ||
| Q2 24 | $2.6B | $1.9B | ||
| Q1 24 | $2.7B | $1.8B |
负债/权益比MATVPIPR
| 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 | $729.8M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | — |
| 自由现金流率自由现金流/营收 | 1.7% | — |
| 资本支出强度资本支出/营收 | 2.4% | — |
| 现金转化率经营现金流/净利润 | 0.19× | 6.40× |
| 过去12个月自由现金流最近4个季度 | $93.8M | — |
8季度趋势，按日历期对齐
经营现金流MATVPIPR
| Q4 25 | $19.3M | $729.8M | ||
| Q3 25 | $72.8M | $31.9M | ||
| Q2 25 | $57.6M | $32.1M | ||
| Q1 25 | $-15.9M | $-207.2M | ||
| Q4 24 | $24.1M | $163.8M | ||
| Q3 24 | $37.6M | $80.1M | ||
| Q2 24 | $46.1M | $266.5M | ||
| Q1 24 | $-13.0M | $-197.2M |
自由现金流MATVPIPR
| Q4 25 | $8.0M | — | ||
| Q3 25 | $66.7M | — | ||
| Q2 25 | $48.9M | — | ||
| Q1 25 | $-29.8M | — | ||
| Q4 24 | $2.0M | — | ||
| Q3 24 | $25.5M | — | ||
| Q2 24 | $37.4M | — | ||
| Q1 24 | $-25.1M | — |
自由现金流率MATVPIPR
| Q4 25 | 1.7% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | -6.1% | — | ||
| Q4 24 | 0.4% | — | ||
| Q3 24 | 5.1% | — | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -5.0% | — |
资本支出强度MATVPIPR
| Q4 25 | 2.4% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 2.9% | — | ||
| Q4 24 | 4.8% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 1.7% | — | ||
| Q1 24 | 2.4% | — |
现金转化率MATVPIPR
| Q4 25 | 0.19× | 6.40× | ||
| Q3 25 | — | 0.53× | ||
| Q2 25 | — | 0.76× | ||
| Q1 25 | — | -3.19× | ||
| Q4 24 | 16.07× | 2.37× | ||
| Q3 24 | — | 2.30× | ||
| Q2 24 | — | 7.66× | ||
| Q1 24 | — | -4.64× |
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% |
PIPR
| Advisory Services | $402.6M | 60% |
| Equities Financing | $66.7M | 10% |
| Equity Salesand Trading | $64.2M | 10% |
| Fixed Income Salesand Trading | $47.9M | 7% |
| Other | $46.7M | 7% |
| Debt Financing | $38.9M | 6% |
