vs
Mativ Holdings, Inc.（MATV）与STARWOOD PROPERTY TRUST, INC.（STWD）财务数据对比。点击上方公司名可切换其他公司
STARWOOD PROPERTY TRUST, INC.的季度营收约是Mativ Holdings, Inc.的1.1倍（$492.9M vs $463.1M），Mativ Holdings, Inc.净利率更高（21.8% vs 19.7%，领先2.1%），STARWOOD PROPERTY TRUST, INC.同比增速更快（8.5% vs 1.0%），过去两年STARWOOD PROPERTY TRUST, INC.的营收复合增速更高（-2.9% 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。
喜达屋酒店及度假村国际集团是全球规模最大的酒店企业之一，业务涵盖酒店、度假村、水疗中心、住宅及度假产权物业的持有、运营、特许经营与管理。集团前身为1969年成立的房地产投资信托基金，1995年完成收购重组，旗下共11个品牌，管理及特许经营的物业共计1297处。
MATV vs STWD — 直观对比
营收规模更大
STWD
是对方的1.1倍
$463.1M
营收增速更快
STWD
高出7.5%
1.0%
净利率更高
MATV
高出2.1%
19.7%
两年增速更快
STWD
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $492.9M |
| 净利润 | $100.8M | $96.9M |
| 毛利率 | 18.8% | — |
| 营业利润率 | 2.2% | 26.6% |
| 净利率 | 21.8% | 19.7% |
| 营收同比 | 1.0% | 8.5% |
| 净利润同比 | 6620.0% | 87.7% |
| 每股收益（稀释后） | $1.87 | $0.25 |
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MATVSTWD
| Q4 25 | $463.1M | $492.9M | ||
| Q3 25 | $513.7M | $488.9M | ||
| Q2 25 | $525.4M | $444.3M | ||
| Q1 25 | $484.8M | $418.2M | ||
| Q4 24 | $458.6M | $454.4M | ||
| Q3 24 | $498.5M | $479.5M | ||
| Q2 24 | $523.8M | $489.8M | ||
| Q1 24 | $500.2M | $523.1M |
净利润MATVSTWD
| Q4 25 | $100.8M | $96.9M | ||
| Q3 25 | $-3.2M | $72.6M | ||
| Q2 25 | $-9.5M | $129.8M | ||
| Q1 25 | $-425.5M | $112.3M | ||
| Q4 24 | $1.5M | $51.6M | ||
| Q3 24 | $-20.8M | $76.1M | ||
| Q2 24 | $-1.4M | $77.9M | ||
| Q1 24 | $-28.0M | $154.3M |
毛利率MATVSTWD
| 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MATVSTWD
| Q4 25 | 2.2% | 26.6% | ||
| Q3 25 | 3.1% | 19.1% | ||
| Q2 25 | 3.8% | 30.5% | ||
| Q1 25 | -88.8% | 28.7% | ||
| Q4 24 | 0.6% | 15.1% | ||
| Q3 24 | 1.4% | 17.2% | ||
| Q2 24 | 2.0% | 19.1% | ||
| Q1 24 | -2.8% | 30.8% |
净利率MATVSTWD
| Q4 25 | 21.8% | 19.7% | ||
| Q3 25 | -0.6% | 14.8% | ||
| Q2 25 | -1.8% | 29.2% | ||
| Q1 25 | -87.8% | 26.8% | ||
| Q4 24 | 0.3% | 11.4% | ||
| Q3 24 | -4.2% | 15.9% | ||
| Q2 24 | -0.3% | 15.9% | ||
| Q1 24 | -5.6% | 29.5% |
每股收益（稀释后）MATVSTWD
| Q4 25 | $1.87 | $0.25 | ||
| Q3 25 | $-0.06 | $0.19 | ||
| Q2 25 | $-0.18 | $0.38 | ||
| Q1 25 | $-7.82 | $0.33 | ||
| Q4 24 | $0.03 | $0.15 | ||
| Q3 24 | $-0.38 | $0.23 | ||
| Q2 24 | $-0.03 | $0.24 | ||
| Q1 24 | $-0.52 | $0.48 |
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 | $499.5M |
| 总债务越低越好 | $1.0B | — |
| 股东权益账面价值 | $498.7M | $6.8B |
| 总资产 | $2.1B | $63.2B |
| 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MATVSTWD
| Q4 25 | $84.2M | $499.5M | ||
| Q3 25 | $97.1M | $301.1M | ||
| Q2 25 | $95.6M | $259.9M | ||
| Q1 25 | $84.0M | $440.6M | ||
| Q4 24 | $94.3M | $377.8M | ||
| Q3 24 | $162.2M | $357.9M | ||
| Q2 24 | $133.4M | $259.3M | ||
| Q1 24 | $128.9M | $327.4M |
总债务MATVSTWD
| 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MATVSTWD
| Q4 25 | $498.7M | $6.8B | ||
| Q3 25 | $397.4M | $6.9B | ||
| Q2 25 | $416.6M | $6.4B | ||
| Q1 25 | $428.2M | $6.4B | ||
| Q4 24 | $858.5M | $6.4B | ||
| Q3 24 | $882.3M | $6.5B | ||
| Q2 24 | $898.0M | $6.2B | ||
| Q1 24 | $906.9M | $6.3B |
总资产MATVSTWD
| Q4 25 | $2.1B | $63.2B | ||
| Q3 25 | $2.0B | $62.4B | ||
| Q2 25 | $2.1B | $62.4B | ||
| Q1 25 | $2.1B | $62.2B | ||
| Q4 24 | $2.4B | $62.6B | ||
| Q3 24 | $2.6B | $64.2B | ||
| Q2 24 | $2.6B | $64.1B | ||
| Q1 24 | $2.7B | $66.2B |
负债/权益比MATVSTWD
| 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 | $488.8M |
| 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× | 5.04× |
| 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MATVSTWD
| Q4 25 | $19.3M | $488.8M | ||
| Q3 25 | $72.8M | $337.6M | ||
| Q2 25 | $57.6M | $-87.4M | ||
| Q1 25 | $-15.9M | $238.9M | ||
| Q4 24 | $24.1M | $295.6M | ||
| Q3 24 | $37.6M | $241.8M | ||
| Q2 24 | $46.1M | $53.3M | ||
| Q1 24 | $-13.0M | $55.9M |
自由现金流MATVSTWD
| 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MATVSTWD
| 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MATVSTWD
| 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MATVSTWD
| Q4 25 | 0.19× | 5.04× | ||
| Q3 25 | — | 4.65× | ||
| Q2 25 | — | -0.67× | ||
| Q1 25 | — | 2.13× | ||
| Q4 24 | 16.07× | 5.72× | ||
| Q3 24 | — | 3.18× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | — | 0.36× |
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% |
STWD
| Commercial And Residential Lending Segment | $335.2M | 68% |
| Infrastructure Lending Segment | $70.3M | 14% |
| Property Segment | $57.8M | 12% |
| Other | $29.7M | 6% |
