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Mativ Holdings, Inc.（MATV）与Westrock Coffee Co（WEST）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Westrock Coffee Co的1.4倍（$463.1M vs $339.5M），Mativ Holdings, Inc.净利率更高（21.8% vs -6.6%，领先28.4%），Westrock Coffee Co同比增速更快（48.3% vs 1.0%），Westrock Coffee Co自由现金流更多（$27.8M vs $8.0M），过去两年Westrock Coffee Co的营收复合增速更高（32.8% 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。
Westrock Coffee Co是一家全球化综合咖啡及饮品解决方案供应商，业务覆盖咖啡、茶与功能性饮品的采购、烘焙、生产及分销，为北美及全球其他区域的零售、餐饮和商业客户提供定制化产品及配套服务。
MATV vs WEST — 直观对比
营收规模更大
MATV
是对方的1.4倍
$339.5M
营收增速更快
WEST
高出47.3%
1.0%
净利率更高
MATV
高出28.4%
-6.6%
自由现金流更多
WEST
多$19.8M
$8.0M
两年增速更快
WEST
近两年复合增速
-3.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $463.1M | $339.5M |
| 净利润 | $100.8M | $-22.6M |
| 毛利率 | 18.8% | 11.5% |
| 营业利润率 | 2.2% | -2.6% |
| 净利率 | 21.8% | -6.6% |
| 营收同比 | 1.0% | 48.3% |
| 净利润同比 | 6620.0% | 8.3% |
| 每股收益（稀释后） | $1.87 | $-0.22 |
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MATVWEST
| Q4 25 | $463.1M | $339.5M | ||
| Q3 25 | $513.7M | $354.8M | ||
| Q2 25 | $525.4M | $280.9M | ||
| Q1 25 | $484.8M | $213.8M | ||
| Q4 24 | $458.6M | $229.0M | ||
| Q3 24 | $498.5M | $220.9M | ||
| Q2 24 | $523.8M | $208.4M | ||
| Q1 24 | $500.2M | $192.5M |
净利润MATVWEST
| Q4 25 | $100.8M | $-22.6M | ||
| Q3 25 | $-3.2M | $-19.1M | ||
| Q2 25 | $-9.5M | $-21.6M | ||
| Q1 25 | $-425.5M | $-27.2M | ||
| Q4 24 | $1.5M | $-24.6M | ||
| Q3 24 | $-20.8M | $-14.3M | ||
| Q2 24 | $-1.4M | $-17.8M | ||
| Q1 24 | $-28.0M | $-23.7M |
毛利率MATVWEST
| Q4 25 | 18.8% | 11.5% | ||
| Q3 25 | 19.3% | 11.7% | ||
| Q2 25 | 19.7% | 14.7% | ||
| Q1 25 | 15.0% | 13.6% | ||
| Q4 24 | 16.9% | 16.6% | ||
| Q3 24 | 18.8% | 16.8% | ||
| Q2 24 | 20.8% | 19.9% | ||
| Q1 24 | 16.8% | 19.4% |
营业利润率MATVWEST
| Q4 25 | 2.2% | -2.6% | ||
| Q3 25 | 3.1% | -2.4% | ||
| Q2 25 | 3.8% | -5.3% | ||
| Q1 25 | -88.8% | -6.1% | ||
| Q4 24 | 0.6% | -4.3% | ||
| Q3 24 | 1.4% | -5.8% | ||
| Q2 24 | 2.0% | -7.9% | ||
| Q1 24 | -2.8% | -5.3% |
净利率MATVWEST
| Q4 25 | 21.8% | -6.6% | ||
| Q3 25 | -0.6% | -5.4% | ||
| Q2 25 | -1.8% | -7.7% | ||
| Q1 25 | -87.8% | -12.7% | ||
| Q4 24 | 0.3% | -10.7% | ||
| Q3 24 | -4.2% | -6.5% | ||
| Q2 24 | -0.3% | -8.5% | ||
| Q1 24 | -5.6% | -12.3% |
每股收益（稀释后）MATVWEST
| Q4 25 | $1.87 | $-0.22 | ||
| Q3 25 | $-0.06 | $-0.20 | ||
| Q2 25 | $-0.18 | $-0.23 | ||
| Q1 25 | $-7.82 | $-0.29 | ||
| Q4 24 | $0.03 | $-0.26 | ||
| Q3 24 | $-0.38 | $-0.16 | ||
| Q2 24 | $-0.03 | $-0.20 | ||
| Q1 24 | $-0.52 | $-0.27 |
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 | $49.9M |
| 总债务越低越好 | $1.0B | $444.1M |
| 股东权益账面价值 | $498.7M | $-1.9M |
| 总资产 | $2.1B | $1.2B |
| 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MATVWEST
| Q4 25 | $84.2M | $49.9M | ||
| Q3 25 | $97.1M | $34.0M | ||
| Q2 25 | $95.6M | $44.0M | ||
| Q1 25 | $84.0M | $33.1M | ||
| Q4 24 | $94.3M | $26.2M | ||
| Q3 24 | $162.2M | $22.4M | ||
| Q2 24 | $133.4M | $24.3M | ||
| Q1 24 | $128.9M | $12.6M |
总债务MATVWEST
| Q4 25 | $1.0B | $444.1M | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $393.1M | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — | ||
| Q1 24 | $1.2B | — |
股东权益MATVWEST
| Q4 25 | $498.7M | $-1.9M | ||
| Q3 25 | $397.4M | $11.4M | ||
| Q2 25 | $416.6M | $18.2M | ||
| Q1 25 | $428.2M | $71.4M | ||
| Q4 24 | $858.5M | $97.5M | ||
| Q3 24 | $882.3M | $110.3M | ||
| Q2 24 | $898.0M | $81.5M | ||
| Q1 24 | $906.9M | $91.7M |
总资产MATVWEST
| Q4 25 | $2.1B | $1.2B | ||
| Q3 25 | $2.0B | $1.2B | ||
| Q2 25 | $2.1B | $1.2B | ||
| Q1 25 | $2.1B | $1.1B | ||
| Q4 24 | $2.4B | $1.1B | ||
| Q3 24 | $2.6B | $1.1B | ||
| Q2 24 | $2.6B | $1.1B | ||
| Q1 24 | $2.7B | $983.3M |
负债/权益比MATVWEST
| Q4 25 | 2.07× | — | ||
| Q3 25 | 2.63× | — | ||
| Q2 25 | 2.66× | — | ||
| Q1 25 | 2.67× | — | ||
| Q4 24 | 1.30× | 4.03× | ||
| 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 | $36.7M |
| 自由现金流经营现金流 - 资本支出 | $8.0M | $27.8M |
| 自由现金流率自由现金流/营收 | 1.7% | 8.2% |
| 资本支出强度资本支出/营收 | 2.4% | 2.6% |
| 现金转化率经营现金流/净利润 | 0.19× | — |
| 过去12个月自由现金流最近4个季度 | $93.8M | $-107.8M |
8季度趋势，按日历期对齐
经营现金流MATVWEST
| Q4 25 | $19.3M | $36.7M | ||
| Q3 25 | $72.8M | $-26.6M | ||
| Q2 25 | $57.6M | $-7.0M | ||
| Q1 25 | $-15.9M | $-22.1M | ||
| Q4 24 | $24.1M | $2.8M | ||
| Q3 24 | $37.6M | $-332.0K | ||
| Q2 24 | $46.1M | $-23.7M | ||
| Q1 24 | $-13.0M | $8.0M |
自由现金流MATVWEST
| Q4 25 | $8.0M | $27.8M | ||
| Q3 25 | $66.7M | $-44.7M | ||
| Q2 25 | $48.9M | $-27.5M | ||
| Q1 25 | $-29.8M | $-63.4M | ||
| Q4 24 | $2.0M | $-15.4M | ||
| Q3 24 | $25.5M | $-36.7M | ||
| Q2 24 | $37.4M | $-59.9M | ||
| Q1 24 | $-25.1M | $-60.9M |
自由现金流率MATVWEST
| Q4 25 | 1.7% | 8.2% | ||
| Q3 25 | 13.0% | -12.6% | ||
| Q2 25 | 9.3% | -9.8% | ||
| Q1 25 | -6.1% | -29.7% | ||
| Q4 24 | 0.4% | -6.7% | ||
| Q3 24 | 5.1% | -16.6% | ||
| Q2 24 | 7.1% | -28.7% | ||
| Q1 24 | -5.0% | -31.7% |
资本支出强度MATVWEST
| Q4 25 | 2.4% | 2.6% | ||
| Q3 25 | 1.2% | 5.1% | ||
| Q2 25 | 1.7% | 7.3% | ||
| Q1 25 | 2.9% | 19.3% | ||
| Q4 24 | 4.8% | 7.9% | ||
| Q3 24 | 2.4% | 16.5% | ||
| Q2 24 | 1.7% | 17.4% | ||
| Q1 24 | 2.4% | 35.8% |
现金转化率MATVWEST
| Q4 25 | 0.19× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 16.07× | — | ||
| Q3 24 | — | — | ||
| 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% |
WEST
| Coffee And Tea | $202.6M | 60% |
| Flavors Extracts And Ingredients | $69.6M | 21% |
| Sustainable Sourcing And Traceability Segments | $66.9M | 20% |
