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Mativ Holdings, Inc.（MATV）与Ubiquiti Inc.（UI）财务数据对比。点击上方公司名可切换其他公司
Ubiquiti Inc.的季度营收约是Mativ Holdings, Inc.的1.8倍（$814.9M vs $463.1M），Ubiquiti Inc.净利率更高（28.7% vs 21.8%，领先6.9%），Ubiquiti Inc.同比增速更快（35.8% vs 1.0%），Ubiquiti Inc.自由现金流更多（$260.3M vs $8.0M），过去两年Ubiquiti Inc.的营收复合增速更高（28.6% 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。
Ubiquiti Inc.是一家美国科技企业，2003年于加利福尼亚州圣何塞成立，目前总部位于纽约。公司旗下拥有多个品牌，主营面向企业及家庭用户的有线、无线数据通信产品的研发、生产与销售。
MATV vs UI — 直观对比
营收规模更大
UI
是对方的1.8倍
$463.1M
营收增速更快
UI
高出34.9%
1.0%
净利率更高
UI
高出6.9%
21.8%
自由现金流更多
UI
多$252.3M
$8.0M
两年增速更快
UI
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $814.9M |
| 净利润 | $100.8M | $233.6M |
| 毛利率 | 18.8% | 45.9% |
| 营业利润率 | 2.2% | 35.9% |
| 净利率 | 21.8% | 28.7% |
| 营收同比 | 1.0% | 35.8% |
| 净利润同比 | 6620.0% | 70.8% |
| 每股收益（稀释后） | $1.87 | $3.86 |
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MATVUI
| Q4 25 | $463.1M | $814.9M | ||
| Q3 25 | $513.7M | $733.8M | ||
| Q2 25 | $525.4M | $759.2M | ||
| Q1 25 | $484.8M | $664.2M | ||
| Q4 24 | $458.6M | $599.9M | ||
| Q3 24 | $498.5M | $550.3M | ||
| Q2 24 | $523.8M | $507.5M | ||
| Q1 24 | $500.2M | $493.0M |
净利润MATVUI
| Q4 25 | $100.8M | $233.6M | ||
| Q3 25 | $-3.2M | $207.9M | ||
| Q2 25 | $-9.5M | $266.7M | ||
| Q1 25 | $-425.5M | $180.4M | ||
| Q4 24 | $1.5M | $136.8M | ||
| Q3 24 | $-20.8M | $128.0M | ||
| Q2 24 | $-1.4M | $103.8M | ||
| Q1 24 | $-28.0M | $76.3M |
毛利率MATVUI
| Q4 25 | 18.8% | 45.9% | ||
| Q3 25 | 19.3% | 46.0% | ||
| Q2 25 | 19.7% | 45.1% | ||
| Q1 25 | 15.0% | 44.5% | ||
| Q4 24 | 16.9% | 41.2% | ||
| Q3 24 | 18.8% | 42.1% | ||
| Q2 24 | 20.8% | 40.2% | ||
| Q1 24 | 16.8% | 35.3% |
营业利润率MATVUI
| Q4 25 | 2.2% | 35.9% | ||
| Q3 25 | 3.1% | 35.7% | ||
| Q2 25 | 3.8% | 34.4% | ||
| Q1 25 | -88.8% | 34.2% | ||
| Q4 24 | 0.6% | 29.8% | ||
| Q3 24 | 1.4% | 30.7% | ||
| Q2 24 | 2.0% | 27.3% | ||
| Q1 24 | -2.8% | 22.6% |
净利率MATVUI
| Q4 25 | 21.8% | 28.7% | ||
| Q3 25 | -0.6% | 28.3% | ||
| Q2 25 | -1.8% | 35.1% | ||
| Q1 25 | -87.8% | 27.2% | ||
| Q4 24 | 0.3% | 22.8% | ||
| Q3 24 | -4.2% | 23.3% | ||
| Q2 24 | -0.3% | 20.5% | ||
| Q1 24 | -5.6% | 15.5% |
每股收益（稀释后）MATVUI
| Q4 25 | $1.87 | $3.86 | ||
| Q3 25 | $-0.06 | $3.43 | ||
| Q2 25 | $-0.18 | $4.40 | ||
| Q1 25 | $-7.82 | $2.98 | ||
| Q4 24 | $0.03 | $2.26 | ||
| Q3 24 | $-0.38 | $2.12 | ||
| Q2 24 | $-0.03 | $1.72 | ||
| Q1 24 | $-0.52 | $1.26 |
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 | $302.8M |
| 总债务越低越好 | $1.0B | $47.5M |
| 股东权益账面价值 | $498.7M | $1.0B |
| 总资产 | $2.1B | $1.6B |
| 负债/权益比越低杠杆越低 | 2.07× | 0.05× |
8季度趋势，按日历期对齐
现金及短期投资MATVUI
| Q4 25 | $84.2M | $302.8M | ||
| Q3 25 | $97.1M | $177.2M | ||
| Q2 25 | $95.6M | $149.7M | ||
| Q1 25 | $84.0M | $151.0M | ||
| Q4 24 | $94.3M | $133.1M | ||
| Q3 24 | $162.2M | $165.2M | ||
| Q2 24 | $133.4M | $126.3M | ||
| Q1 24 | $128.9M | $102.5M |
总债务MATVUI
| Q4 25 | $1.0B | $47.5M | ||
| Q3 25 | $1.0B | $133.8M | ||
| Q2 25 | $1.1B | $250.0M | ||
| Q1 25 | $1.1B | $340.0M | ||
| Q4 24 | $1.1B | $406.3M | ||
| Q3 24 | $1.2B | $552.5M | ||
| Q2 24 | $1.2B | $708.1M | ||
| Q1 24 | $1.2B | $877.5M |
股东权益MATVUI
| Q4 25 | $498.7M | $1.0B | ||
| Q3 25 | $397.4M | $828.4M | ||
| Q2 25 | $416.6M | $668.3M | ||
| Q1 25 | $428.2M | $436.1M | ||
| Q4 24 | $858.5M | $290.4M | ||
| Q3 24 | $882.3M | $188.1M | ||
| Q2 24 | $898.0M | $95.1M | ||
| Q1 24 | $906.9M | $25.9M |
总资产MATVUI
| Q4 25 | $2.1B | $1.6B | ||
| Q3 25 | $2.0B | $1.5B | ||
| Q2 25 | $2.1B | $1.5B | ||
| Q1 25 | $2.1B | $1.3B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.6B | $1.2B | ||
| Q2 24 | $2.6B | $1.2B | ||
| Q1 24 | $2.7B | $1.2B |
负债/权益比MATVUI
| Q4 25 | 2.07× | 0.05× | ||
| Q3 25 | 2.63× | 0.16× | ||
| Q2 25 | 2.66× | 0.37× | ||
| Q1 25 | 2.67× | 0.78× | ||
| Q4 24 | 1.30× | 1.40× | ||
| Q3 24 | 1.32× | 2.94× | ||
| Q2 24 | 1.29× | 7.45× | ||
| Q1 24 | 1.30× | 33.92× |
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 | $263.9M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $260.3M |
| 自由现金流率自由现金流/营收 | 1.7% | 31.9% |
| 资本支出强度资本支出/营收 | 2.4% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.19× | 1.13× |
| 过去12个月自由现金流最近4个季度 | $93.8M | $699.5M |
8季度趋势，按日历期对齐
经营现金流MATVUI
| Q4 25 | $19.3M | $263.9M | ||
| Q3 25 | $72.8M | $198.5M | ||
| Q2 25 | $57.6M | $130.4M | ||
| Q1 25 | $-15.9M | $123.6M | ||
| Q4 24 | $24.1M | $152.4M | ||
| Q3 24 | $37.6M | $233.7M | ||
| Q2 24 | $46.1M | $231.4M | ||
| Q1 24 | $-13.0M | $163.9M |
自由现金流MATVUI
| Q4 25 | $8.0M | $260.3M | ||
| Q3 25 | $66.7M | $193.3M | ||
| Q2 25 | $48.9M | $125.2M | ||
| Q1 25 | $-29.8M | $120.7M | ||
| Q4 24 | $2.0M | $150.4M | ||
| Q3 24 | $25.5M | $231.1M | ||
| Q2 24 | $37.4M | $229.5M | ||
| Q1 24 | $-25.1M | $160.6M |
自由现金流率MATVUI
| Q4 25 | 1.7% | 31.9% | ||
| Q3 25 | 13.0% | 26.3% | ||
| Q2 25 | 9.3% | 16.5% | ||
| Q1 25 | -6.1% | 18.2% | ||
| Q4 24 | 0.4% | 25.1% | ||
| Q3 24 | 5.1% | 42.0% | ||
| Q2 24 | 7.1% | 45.2% | ||
| Q1 24 | -5.0% | 32.6% |
资本支出强度MATVUI
| Q4 25 | 2.4% | 0.4% | ||
| Q3 25 | 1.2% | 0.7% | ||
| Q2 25 | 1.7% | 0.7% | ||
| Q1 25 | 2.9% | 0.4% | ||
| Q4 24 | 4.8% | 0.3% | ||
| Q3 24 | 2.4% | 0.5% | ||
| Q2 24 | 1.7% | 0.4% | ||
| Q1 24 | 2.4% | 0.7% |
现金转化率MATVUI
| Q4 25 | 0.19× | 1.13× | ||
| Q3 25 | — | 0.95× | ||
| Q2 25 | — | 0.49× | ||
| Q1 25 | — | 0.68× | ||
| Q4 24 | 16.07× | 1.11× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.23× | ||
| Q1 24 | — | 2.15× |
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% |
UI
| Enterprise Technology | $729.0M | 89% |
| Service Provider Technology | $85.9M | 11% |
