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美森（MATX）与MUELLER INDUSTRIES INC（MLI）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是美森的1.1倍（$962.4M vs $851.9M），美森净利率更高（16.8% vs 16.0%，领先0.8%），MUELLER INDUSTRIES INC同比增速更快（4.2% vs -4.3%），MUELLER INDUSTRIES INC自由现金流更多（$121.4M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs 6.4%）
美森公司（Matson, Inc.）是美国知名航运服务企业，总部位于夏威夷州火奴鲁鲁，成立于1882年。旗下子公司美森航运主营跨太平洋海运业务，服务覆盖夏威夷、阿拉斯加、关岛、密克罗尼西亚、太平洋诸岛、中国及日本等地区。
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
MATX vs MLI — 直观对比
营收规模更大
MLI
是对方的1.1倍
$851.9M
营收增速更快
MLI
高出8.5%
-4.3%
净利率更高
MATX
高出0.8%
16.0%
自由现金流更多
MLI
多$79.2M
$42.2M
两年增速更快
MATX
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $962.4M |
| 净利润 | $143.1M | $153.7M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 17.9% |
| 净利率 | 16.8% | 16.0% |
| 营收同比 | -4.3% | 4.2% |
| 净利润同比 | 11.8% | 11.7% |
| 每股收益（稀释后） | $4.47 | $1.37 |
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MATXMLI
| Q4 25 | $851.9M | $962.4M | ||
| Q3 25 | $880.1M | $1.1B | ||
| Q2 25 | $830.5M | $1.1B | ||
| Q1 25 | $782.0M | $1.0B | ||
| Q4 24 | $890.3M | $923.5M | ||
| Q3 24 | $962.0M | $997.8M | ||
| Q2 24 | $847.4M | $997.7M | ||
| Q1 24 | $722.1M | $849.7M |
净利润MATXMLI
| Q4 25 | $143.1M | $153.7M | ||
| Q3 25 | $134.7M | $208.1M | ||
| Q2 25 | $94.7M | $245.9M | ||
| Q1 25 | $72.3M | $157.4M | ||
| Q4 24 | $128.0M | $137.7M | ||
| Q3 24 | $199.1M | $168.7M | ||
| Q2 24 | $113.2M | $160.2M | ||
| Q1 24 | $36.1M | $138.4M |
毛利率MATXMLI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 27.6% | ||
| Q2 24 | — | 27.3% | ||
| Q1 24 | — | 28.4% |
营业利润率MATXMLI
| Q4 25 | 16.9% | 17.9% | ||
| Q3 25 | 18.3% | 25.6% | ||
| Q2 25 | 13.6% | 26.7% | ||
| Q1 25 | 10.5% | 20.6% | ||
| Q4 24 | 16.6% | 18.4% | ||
| Q3 24 | 25.2% | 20.7% | ||
| Q2 24 | 14.7% | 21.0% | ||
| Q1 24 | 5.1% | 21.6% |
净利率MATXMLI
| Q4 25 | 16.8% | 16.0% | ||
| Q3 25 | 15.3% | 19.3% | ||
| Q2 25 | 11.4% | 21.6% | ||
| Q1 25 | 9.2% | 15.7% | ||
| Q4 24 | 14.4% | 14.9% | ||
| Q3 24 | 20.7% | 16.9% | ||
| Q2 24 | 13.4% | 16.1% | ||
| Q1 24 | 5.0% | 16.3% |
每股收益（稀释后）MATXMLI
| Q4 25 | $4.47 | $1.37 | ||
| Q3 25 | $4.24 | $1.88 | ||
| Q2 25 | $2.92 | $2.22 | ||
| Q1 25 | $2.18 | $1.39 | ||
| Q4 24 | $3.69 | $1.21 | ||
| Q3 24 | $5.89 | $1.48 | ||
| Q2 24 | $3.31 | $1.41 | ||
| Q1 24 | $1.04 | $1.21 |
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 | $141.9M | $1.4B |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $3.2B |
| 总资产 | $4.6B | $3.7B |
| 负债/权益比越低杠杆越低 | 0.13× | — |
8季度趋势，按日历期对齐
现金及短期投资MATXMLI
| Q4 25 | $141.9M | $1.4B | ||
| Q3 25 | $92.7M | $1.3B | ||
| Q2 25 | $59.1M | $1.1B | ||
| Q1 25 | $122.0M | $873.6M | ||
| Q4 24 | $266.8M | $1.1B | ||
| Q3 24 | $270.3M | $969.6M | ||
| Q2 24 | $168.2M | $825.7M | ||
| Q1 24 | $25.9M | $1.4B |
总债务MATXMLI
| Q4 25 | $361.2M | — | ||
| Q3 25 | $370.9M | — | ||
| Q2 25 | $341.3M | — | ||
| Q1 25 | $351.1M | — | ||
| Q4 24 | $361.2M | — | ||
| Q3 24 | $370.9M | — | ||
| Q2 24 | $381.0M | — | ||
| Q1 24 | $390.8M | — |
股东权益MATXMLI
| Q4 25 | $2.8B | $3.2B | ||
| Q3 25 | $2.7B | $3.1B | ||
| Q2 25 | $2.6B | $2.9B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.7B | $2.8B | ||
| Q3 24 | $2.6B | $2.7B | ||
| Q2 24 | $2.4B | $2.5B | ||
| Q1 24 | $2.4B | $2.4B |
总资产MATXMLI
| Q4 25 | $4.6B | $3.7B | ||
| Q3 25 | $4.6B | $3.7B | ||
| Q2 25 | $4.5B | $3.5B | ||
| Q1 25 | $4.5B | $3.2B | ||
| Q4 24 | $4.6B | $3.3B | ||
| Q3 24 | $4.4B | $3.2B | ||
| Q2 24 | $4.3B | $3.1B | ||
| Q1 24 | $4.2B | $2.9B |
负债/权益比MATXMLI
| Q4 25 | 0.13× | — | ||
| Q3 25 | 0.14× | — | ||
| Q2 25 | 0.13× | — | ||
| Q1 25 | 0.13× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.15× | — | ||
| Q2 24 | 0.16× | — | ||
| Q1 24 | 0.16× | — |
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 | $176.9M | $141.2M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $121.4M |
| 自由现金流率自由现金流/营收 | 5.0% | 12.6% |
| 资本支出强度资本支出/营收 | 15.8% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.24× | 0.92× |
| 过去12个月自由现金流最近4个季度 | $153.7M | $686.6M |
8季度趋势，按日历期对齐
经营现金流MATXMLI
| Q4 25 | $176.9M | $141.2M | ||
| Q3 25 | $175.6M | $310.1M | ||
| Q2 25 | $105.6M | $190.6M | ||
| Q1 25 | $89.0M | $113.6M | ||
| Q4 24 | $174.7M | $140.1M | ||
| Q3 24 | $248.6M | $231.4M | ||
| Q2 24 | $307.9M | $100.8M | ||
| Q1 24 | $36.6M | $173.6M |
自由现金流MATXMLI
| Q4 25 | $42.2M | $121.4M | ||
| Q3 25 | $92.4M | $291.8M | ||
| Q2 25 | $19.3M | $176.5M | ||
| Q1 25 | $-200.0K | $97.0M | ||
| Q4 24 | $49.3M | $111.2M | ||
| Q3 24 | $189.0M | $205.7M | ||
| Q2 24 | $238.1M | $91.6M | ||
| Q1 24 | $-18.7M | $157.2M |
自由现金流率MATXMLI
| Q4 25 | 5.0% | 12.6% | ||
| Q3 25 | 10.5% | 27.1% | ||
| Q2 25 | 2.3% | 15.5% | ||
| Q1 25 | -0.0% | 9.7% | ||
| Q4 24 | 5.5% | 12.0% | ||
| Q3 24 | 19.6% | 20.6% | ||
| Q2 24 | 28.1% | 9.2% | ||
| Q1 24 | -2.6% | 18.5% |
资本支出强度MATXMLI
| Q4 25 | 15.8% | 2.1% | ||
| Q3 25 | 9.5% | 1.7% | ||
| Q2 25 | 10.4% | 1.2% | ||
| Q1 25 | 11.4% | 1.7% | ||
| Q4 24 | 14.1% | 3.1% | ||
| Q3 24 | 6.2% | 2.6% | ||
| Q2 24 | 8.2% | 0.9% | ||
| Q1 24 | 7.7% | 1.9% |
现金转化率MATXMLI
| Q4 25 | 1.24× | 0.92× | ||
| Q3 25 | 1.30× | 1.49× | ||
| Q2 25 | 1.12× | 0.78× | ||
| Q1 25 | 1.23× | 0.72× | ||
| Q4 24 | 1.36× | 1.02× | ||
| Q3 24 | 1.25× | 1.37× | ||
| Q2 24 | 2.72× | 0.63× | ||
| Q1 24 | 1.01× | 1.25× |
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
MATX
| Ocean Transportation Segment | $704.2M | 83% |
| Logistics Services Segment | $147.7M | 17% |
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
