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美森（MATX）与PINTEREST, INC.（PINS）财务数据对比。点击上方公司名可切换其他公司
PINTEREST, INC.的季度营收约是美森的1.5倍（$1.3B vs $851.9M），PINTEREST, INC.净利率更高（21.0% vs 16.8%，领先4.2%），PINTEREST, INC.同比增速更快（14.3% vs -4.3%），PINTEREST, INC.自由现金流更多（$380.4M vs $42.2M），过去两年PINTEREST, INC.的营收复合增速更高（33.5% vs 8.6%）
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。
Pinterest是美国社交媒体服务商，主打数字图板形式的信息发布与发现功能，用户可通过图片分享获取食谱、家居、穿搭、创意灵感等多元内容。公司由本·西尔伯曼、保罗·夏拉、埃文·夏普联合创立，总部位于旧金山。
MATX vs PINS — 直观对比
营收规模更大
PINS
是对方的1.5倍
$851.9M
营收增速更快
PINS
高出18.6%
-4.3%
净利率更高
PINS
高出4.2%
16.8%
自由现金流更多
PINS
多$338.2M
$42.2M
两年增速更快
PINS
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.3B |
| 净利润 | $143.1M | $277.1M |
| 毛利率 | — | 82.8% |
| 营业利润率 | 16.9% | 22.8% |
| 净利率 | 16.8% | 21.0% |
| 营收同比 | -4.3% | 14.3% |
| 净利润同比 | 11.8% | -85.0% |
| 每股收益（稀释后） | $4.47 | $0.41 |
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MATXPINS
| Q4 25 | $851.9M | $1.3B | ||
| Q3 25 | $880.1M | $1.0B | ||
| Q2 25 | $830.5M | $998.2M | ||
| Q1 25 | $782.0M | $855.0M | ||
| Q4 24 | $890.3M | $1.2B | ||
| Q3 24 | $962.0M | $898.4M | ||
| Q2 24 | $847.4M | $853.7M | ||
| Q1 24 | $722.1M | $740.0M |
净利润MATXPINS
| Q4 25 | $143.1M | $277.1M | ||
| Q3 25 | $134.7M | $92.1M | ||
| Q2 25 | $94.7M | $38.8M | ||
| Q1 25 | $72.3M | $8.9M | ||
| Q4 24 | $128.0M | $1.8B | ||
| Q3 24 | $199.1M | $30.6M | ||
| Q2 24 | $113.2M | $8.9M | ||
| Q1 24 | $36.1M | $-24.8M |
毛利率MATXPINS
| Q4 25 | — | 82.8% | ||
| Q3 25 | — | 79.8% | ||
| Q2 25 | — | 79.7% | ||
| Q1 25 | — | 76.7% | ||
| Q4 24 | — | 82.9% | ||
| Q3 24 | — | 79.1% | ||
| Q2 24 | — | 78.3% | ||
| Q1 24 | — | 75.5% |
营业利润率MATXPINS
| Q4 25 | 16.9% | 22.8% | ||
| Q3 25 | 18.3% | 5.6% | ||
| Q2 25 | 13.6% | -0.4% | ||
| Q1 25 | 10.5% | -4.1% | ||
| Q4 24 | 16.6% | 22.7% | ||
| Q3 24 | 25.2% | -0.7% | ||
| Q2 24 | 14.7% | -2.5% | ||
| Q1 24 | 5.1% | -7.4% |
净利率MATXPINS
| Q4 25 | 16.8% | 21.0% | ||
| Q3 25 | 15.3% | 8.8% | ||
| Q2 25 | 11.4% | 3.9% | ||
| Q1 25 | 9.2% | 1.0% | ||
| Q4 24 | 14.4% | 160.1% | ||
| Q3 24 | 20.7% | 3.4% | ||
| Q2 24 | 13.4% | 1.0% | ||
| Q1 24 | 5.0% | -3.4% |
每股收益（稀释后）MATXPINS
| Q4 25 | $4.47 | $0.41 | ||
| Q3 25 | $4.24 | $0.13 | ||
| Q2 25 | $2.92 | $0.06 | ||
| Q1 25 | $2.18 | $0.01 | ||
| Q4 24 | $3.69 | $2.66 | ||
| Q3 24 | $5.89 | $0.04 | ||
| Q2 24 | $3.31 | $0.01 | ||
| Q1 24 | $1.04 | $-0.04 |
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 | $969.3M |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $4.7B |
| 总资产 | $4.6B | $5.5B |
| 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MATXPINS
| Q4 25 | $141.9M | $969.3M | ||
| Q3 25 | $92.7M | $1.1B | ||
| Q2 25 | $59.1M | $1.2B | ||
| Q1 25 | $122.0M | $1.3B | ||
| Q4 24 | $266.8M | $1.1B | ||
| Q3 24 | $270.3M | $1.0B | ||
| Q2 24 | $168.2M | $1.4B | ||
| Q1 24 | $25.9M | $1.6B |
总债务MATXPINS
| 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MATXPINS
| Q4 25 | $2.8B | $4.7B | ||
| Q3 25 | $2.7B | $4.8B | ||
| Q2 25 | $2.6B | $4.8B | ||
| Q1 25 | $2.6B | $4.7B | ||
| Q4 24 | $2.7B | $4.8B | ||
| Q3 24 | $2.6B | $2.9B | ||
| Q2 24 | $2.4B | $3.2B | ||
| Q1 24 | $2.4B | $3.1B |
总资产MATXPINS
| Q4 25 | $4.6B | $5.5B | ||
| Q3 25 | $4.6B | $5.5B | ||
| Q2 25 | $4.5B | $5.4B | ||
| Q1 25 | $4.5B | $5.3B | ||
| Q4 24 | $4.6B | $5.3B | ||
| Q3 24 | $4.4B | $3.5B | ||
| Q2 24 | $4.3B | $3.7B | ||
| Q1 24 | $4.2B | $3.7B |
负债/权益比MATXPINS
| 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 | $391.2M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $380.4M |
| 自由现金流率自由现金流/营收 | 5.0% | 28.8% |
| 资本支出强度资本支出/营收 | 15.8% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.24× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $153.7M | $1.3B |
8季度趋势，按日历期对齐
经营现金流MATXPINS
| Q4 25 | $176.9M | $391.2M | ||
| Q3 25 | $175.6M | $321.7M | ||
| Q2 25 | $105.6M | $207.7M | ||
| Q1 25 | $89.0M | $363.7M | ||
| Q4 24 | $174.7M | $254.0M | ||
| Q3 24 | $248.6M | $248.0M | ||
| Q2 24 | $307.9M | $106.4M | ||
| Q1 24 | $36.6M | $356.1M |
自由现金流MATXPINS
| Q4 25 | $42.2M | $380.4M | ||
| Q3 25 | $92.4M | $318.4M | ||
| Q2 25 | $19.3M | $196.7M | ||
| Q1 25 | $-200.0K | $356.4M | ||
| Q4 24 | $49.3M | $250.2M | ||
| Q3 24 | $189.0M | $244.1M | ||
| Q2 24 | $238.1M | $101.6M | ||
| Q1 24 | $-18.7M | $344.0M |
自由现金流率MATXPINS
| Q4 25 | 5.0% | 28.8% | ||
| Q3 25 | 10.5% | 30.3% | ||
| Q2 25 | 2.3% | 19.7% | ||
| Q1 25 | -0.0% | 41.7% | ||
| Q4 24 | 5.5% | 21.7% | ||
| Q3 24 | 19.6% | 27.2% | ||
| Q2 24 | 28.1% | 11.9% | ||
| Q1 24 | -2.6% | 46.5% |
资本支出强度MATXPINS
| Q4 25 | 15.8% | 0.8% | ||
| Q3 25 | 9.5% | 0.3% | ||
| Q2 25 | 10.4% | 1.1% | ||
| Q1 25 | 11.4% | 0.9% | ||
| Q4 24 | 14.1% | 0.3% | ||
| Q3 24 | 6.2% | 0.4% | ||
| Q2 24 | 8.2% | 0.6% | ||
| Q1 24 | 7.7% | 1.6% |
现金转化率MATXPINS
| Q4 25 | 1.24× | 1.41× | ||
| Q3 25 | 1.30× | 3.49× | ||
| Q2 25 | 1.12× | 5.36× | ||
| Q1 25 | 1.23× | 40.77× | ||
| Q4 24 | 1.36× | 0.14× | ||
| Q3 24 | 1.25× | 8.12× | ||
| Q2 24 | 2.72× | 11.98× | ||
| Q1 24 | 1.01× | — |
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% |
PINS
| United States And Canada | $944.3M | 72% |
| Other | $375.0M | 28% |
