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美森（MATX）与Public Service Enterprise Group（PEG）财务数据对比。点击上方公司名可切换其他公司
Public Service Enterprise Group的季度营收约是美森的1.7倍（$1.5B vs $851.9M），Public Service Enterprise Group净利率更高（50.6% vs 16.8%，领先33.8%），Public Service Enterprise Group同比增速更快（7.0% vs -4.3%），过去两年美森的营收复合增速更高（8.6% vs -22.3%）
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。
PSEG（Public Service Enterprise Group）是一家公开上市的能源企业，1985年正式成立，发展渊源可追溯至1903年，自创立以来总部始终位于美国新泽西州纽瓦克市，深耕能源领域多年，在北美能源市场拥有稳定的行业地位与市场份额。
MATX vs PEG — 直观对比
营收规模更大
PEG
是对方的1.7倍
$851.9M
营收增速更快
PEG
高出11.3%
-4.3%
净利率更高
PEG
高出33.8%
16.8%
两年增速更快
MATX
近两年复合增速
-22.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.5B |
| 净利润 | $143.1M | $741.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 73.4% |
| 净利率 | 16.8% | 50.6% |
| 营收同比 | -4.3% | 7.0% |
| 净利润同比 | 11.8% | 25.8% |
| 每股收益（稀释后） | $4.47 | — |
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MATXPEG
| Q1 26 | — | $1.5B | ||
| Q4 25 | $851.9M | $2.9B | ||
| Q3 25 | $880.1M | $3.2B | ||
| Q2 25 | $830.5M | $2.8B | ||
| Q1 25 | $782.0M | $3.2B | ||
| Q4 24 | $890.3M | $2.5B | ||
| Q3 24 | $962.0M | $2.6B | ||
| Q2 24 | $847.4M | $2.4B |
净利润MATXPEG
| Q1 26 | — | $741.0M | ||
| Q4 25 | $143.1M | $315.0M | ||
| Q3 25 | $134.7M | $622.0M | ||
| Q2 25 | $94.7M | $585.0M | ||
| Q1 25 | $72.3M | $589.0M | ||
| Q4 24 | $128.0M | $286.0M | ||
| Q3 24 | $199.1M | $520.0M | ||
| Q2 24 | $113.2M | $434.0M |
营业利润率MATXPEG
| Q1 26 | — | 73.4% | ||
| Q4 25 | 16.9% | 17.5% | ||
| Q3 25 | 18.3% | 26.5% | ||
| Q2 25 | 13.6% | 29.1% | ||
| Q1 25 | 10.5% | 24.7% | ||
| Q4 24 | 16.6% | 18.1% | ||
| Q3 24 | 25.2% | 24.3% | ||
| Q2 24 | 14.7% | 24.0% |
净利率MATXPEG
| Q1 26 | — | 50.6% | ||
| Q4 25 | 16.8% | 10.8% | ||
| Q3 25 | 15.3% | 19.3% | ||
| Q2 25 | 11.4% | 20.9% | ||
| Q1 25 | 9.2% | 18.3% | ||
| Q4 24 | 14.4% | 11.6% | ||
| Q3 24 | 20.7% | 19.7% | ||
| Q2 24 | 13.4% | 17.9% |
每股收益（稀释后）MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $4.47 | $0.63 | ||
| Q3 25 | $4.24 | $1.24 | ||
| Q2 25 | $2.92 | $1.17 | ||
| Q1 25 | $2.18 | $1.18 | ||
| Q4 24 | $3.69 | $0.57 | ||
| Q3 24 | $5.89 | $1.04 | ||
| Q2 24 | $3.31 | $0.87 |
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 | — |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $17.3M |
| 总资产 | $4.6B | — |
| 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MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $141.9M | $132.0M | ||
| Q3 25 | $92.7M | $334.0M | ||
| Q2 25 | $59.1M | $186.0M | ||
| Q1 25 | $122.0M | $894.0M | ||
| Q4 24 | $266.8M | $125.0M | ||
| Q3 24 | $270.3M | $203.0M | ||
| Q2 24 | $168.2M | $113.0M |
总债务MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $361.2M | $22.5B | ||
| Q3 25 | $370.9M | $22.5B | ||
| Q2 25 | $341.3M | $22.6B | ||
| Q1 25 | $351.1M | $23.0B | ||
| Q4 24 | $361.2M | $21.1B | ||
| Q3 24 | $370.9M | $21.4B | ||
| Q2 24 | $381.0M | $20.5B |
股东权益MATXPEG
| Q1 26 | — | $17.3M | ||
| Q4 25 | $2.8B | $17.0B | ||
| Q3 25 | $2.7B | $17.0B | ||
| Q2 25 | $2.6B | $16.7B | ||
| Q1 25 | $2.6B | $16.4B | ||
| Q4 24 | $2.7B | $16.1B | ||
| Q3 24 | $2.6B | $16.1B | ||
| Q2 24 | $2.4B | $15.8B |
总资产MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $57.6B | ||
| Q3 25 | $4.6B | $56.9B | ||
| Q2 25 | $4.5B | $56.0B | ||
| Q1 25 | $4.5B | $55.6B | ||
| Q4 24 | $4.6B | $54.6B | ||
| Q3 24 | $4.4B | $54.1B | ||
| Q2 24 | $4.3B | $52.4B |
负债/权益比MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | 0.13× | 1.33× | ||
| Q3 25 | 0.14× | 1.33× | ||
| Q2 25 | 0.13× | 1.36× | ||
| Q1 25 | 0.13× | 1.40× | ||
| Q4 24 | 0.14× | 1.31× | ||
| Q3 24 | 0.15× | 1.33× | ||
| Q2 24 | 0.16× | 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 | $176.9M | — |
| 自由现金流经营现金流 - 资本支出 | $42.2M | — |
| 自由现金流率自由现金流/营收 | 5.0% | — |
| 资本支出强度资本支出/营收 | 15.8% | — |
| 现金转化率经营现金流/净利润 | 1.24× | — |
| 过去12个月自由现金流最近4个季度 | $153.7M | — |
8季度趋势，按日历期对齐
经营现金流MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $176.9M | $721.0M | ||
| Q3 25 | $175.6M | $1.1B | ||
| Q2 25 | $105.6M | $478.0M | ||
| Q1 25 | $89.0M | $1.0B | ||
| Q4 24 | $174.7M | $367.0M | ||
| Q3 24 | $248.6M | $623.0M | ||
| Q2 24 | $307.9M | $482.0M |
自由现金流MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | $42.2M | $-408.0M | ||
| Q3 25 | $92.4M | $322.0M | ||
| Q2 25 | $19.3M | $-309.0M | ||
| Q1 25 | $-200.0K | $421.0M | ||
| Q4 24 | $49.3M | $-611.0M | ||
| Q3 24 | $189.0M | $-145.0M | ||
| Q2 24 | $238.1M | $-355.0M |
自由现金流率MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | -14.0% | ||
| Q3 25 | 10.5% | 10.0% | ||
| Q2 25 | 2.3% | -11.0% | ||
| Q1 25 | -0.0% | 13.1% | ||
| Q4 24 | 5.5% | -24.8% | ||
| Q3 24 | 19.6% | -5.5% | ||
| Q2 24 | 28.1% | -14.7% |
资本支出强度MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | 38.7% | ||
| Q3 25 | 9.5% | 22.6% | ||
| Q2 25 | 10.4% | 28.1% | ||
| Q1 25 | 11.4% | 19.5% | ||
| Q4 24 | 14.1% | 39.7% | ||
| Q3 24 | 6.2% | 29.1% | ||
| Q2 24 | 8.2% | 34.5% |
现金转化率MATXPEG
| Q1 26 | — | — | ||
| Q4 25 | 1.24× | 2.29× | ||
| Q3 25 | 1.30× | 1.69× | ||
| Q2 25 | 1.12× | 0.82× | ||
| Q1 25 | 1.23× | 1.78× | ||
| Q4 24 | 1.36× | 1.28× | ||
| Q3 24 | 1.25× | 1.20× | ||
| Q2 24 | 2.72× | 1.11× |
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% |
PEG
| Residential Sales | $792.0M | 54% |
| Commercial & Industrial | $511.0M | 35% |
| Other | $161.0M | 11% |
