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美森（MATX）与Primerica, Inc.（PRI）财务数据对比。点击上方公司名可切换其他公司
Primerica, Inc.的季度营收约是美森的1.0倍（$853.7M vs $851.9M），Primerica, Inc.净利率更高（23.1% vs 16.8%，领先6.3%），Primerica, Inc.同比增速更快（11.0% vs -4.3%），过去两年美森的营收复合增速更高（8.6% vs 7.2%）
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。
Primerica, Inc.是一家采用多层次营销模式的金融服务机构，业务覆盖美国与加拿大市场，主要面向当地中等收入家庭提供保险、投资等多元化金融产品，满足客户的风险保障与差异化财富管理需求。
MATX vs PRI — 直观对比
营收规模更大
PRI
是对方的1.0倍
$851.9M
营收增速更快
PRI
高出15.4%
-4.3%
净利率更高
PRI
高出6.3%
16.8%
两年增速更快
MATX
近两年复合增速
7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $853.7M |
| 净利润 | $143.1M | $197.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 28.9% |
| 净利率 | 16.8% | 23.1% |
| 营收同比 | -4.3% | 11.0% |
| 净利润同比 | 11.8% | 17.9% |
| 每股收益（稀释后） | $4.47 | $6.11 |
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MATXPRI
| Q4 25 | $851.9M | $853.7M | ||
| Q3 25 | $880.1M | $839.9M | ||
| Q2 25 | $830.5M | $793.3M | ||
| Q1 25 | $782.0M | $804.8M | ||
| Q4 24 | $890.3M | $768.8M | ||
| Q3 24 | $962.0M | $774.1M | ||
| Q2 24 | $847.4M | $803.4M | ||
| Q1 24 | $722.1M | $742.8M |
净利润MATXPRI
| Q4 25 | $143.1M | $197.0M | ||
| Q3 25 | $134.7M | $206.8M | ||
| Q2 25 | $94.7M | $178.3M | ||
| Q1 25 | $72.3M | $169.1M | ||
| Q4 24 | $128.0M | $167.1M | ||
| Q3 24 | $199.1M | $164.4M | ||
| Q2 24 | $113.2M | $1.2M | ||
| Q1 24 | $36.1M | $137.9M |
毛利率MATXPRI
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 98.0% | ||
| Q1 24 | — | 98.2% |
营业利润率MATXPRI
| Q4 25 | 16.9% | 28.9% | ||
| Q3 25 | 18.3% | 32.3% | ||
| Q2 25 | 13.6% | 29.6% | ||
| Q1 25 | 10.5% | 27.5% | ||
| Q4 24 | 16.6% | 64.7% | ||
| Q3 24 | 25.2% | 32.9% | ||
| Q2 24 | 14.7% | 1.0% | ||
| Q1 24 | 5.1% | 24.1% |
净利率MATXPRI
| Q4 25 | 16.8% | 23.1% | ||
| Q3 25 | 15.3% | 24.6% | ||
| Q2 25 | 11.4% | 22.5% | ||
| Q1 25 | 9.2% | 21.0% | ||
| Q4 24 | 14.4% | 21.7% | ||
| Q3 24 | 20.7% | 21.2% | ||
| Q2 24 | 13.4% | 0.1% | ||
| Q1 24 | 5.0% | 18.6% |
每股收益（稀释后）MATXPRI
| Q4 25 | $4.47 | $6.11 | ||
| Q3 25 | $4.24 | $6.35 | ||
| Q2 25 | $2.92 | $5.40 | ||
| Q1 25 | $2.18 | $5.05 | ||
| Q4 24 | $3.69 | $4.92 | ||
| Q3 24 | $5.89 | $4.83 | ||
| Q2 24 | $3.31 | $0.03 | ||
| Q1 24 | $1.04 | $3.93 |
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 | $756.2M |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $2.4B |
| 总资产 | $4.6B | $15.0B |
| 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MATXPRI
| Q4 25 | $141.9M | $756.2M | ||
| Q3 25 | $92.7M | $644.9M | ||
| Q2 25 | $59.1M | $621.2M | ||
| Q1 25 | $122.0M | $625.1M | ||
| Q4 24 | $266.8M | $687.8M | ||
| Q3 24 | $270.3M | $550.1M | ||
| Q2 24 | $168.2M | $627.3M | ||
| Q1 24 | $25.9M | $593.4M |
总债务MATXPRI
| 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MATXPRI
| Q4 25 | $2.8B | $2.4B | ||
| Q3 25 | $2.7B | $2.3B | ||
| Q2 25 | $2.6B | $2.3B | ||
| Q1 25 | $2.6B | $2.3B | ||
| Q4 24 | $2.7B | $2.3B | ||
| Q3 24 | $2.6B | $1.9B | ||
| Q2 24 | $2.4B | $2.1B | ||
| Q1 24 | $2.4B | $2.2B |
总资产MATXPRI
| Q4 25 | $4.6B | $15.0B | ||
| Q3 25 | $4.6B | $14.8B | ||
| Q2 25 | $4.5B | $14.8B | ||
| Q1 25 | $4.5B | $14.6B | ||
| Q4 24 | $4.6B | $14.6B | ||
| Q3 24 | $4.4B | $14.8B | ||
| Q2 24 | $4.3B | $14.6B | ||
| Q1 24 | $4.2B | $14.9B |
负债/权益比MATXPRI
| 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 | $338.2M |
| 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× | 1.72× |
| 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MATXPRI
| Q4 25 | $176.9M | $338.2M | ||
| Q3 25 | $175.6M | $202.9M | ||
| Q2 25 | $105.6M | $162.6M | ||
| Q1 25 | $89.0M | $197.5M | ||
| Q4 24 | $174.7M | $270.6M | ||
| Q3 24 | $248.6M | $207.3M | ||
| Q2 24 | $307.9M | $173.3M | ||
| Q1 24 | $36.6M | $210.9M |
自由现金流MATXPRI
| Q4 25 | $42.2M | — | ||
| Q3 25 | $92.4M | — | ||
| Q2 25 | $19.3M | — | ||
| Q1 25 | $-200.0K | — | ||
| Q4 24 | $49.3M | — | ||
| Q3 24 | $189.0M | — | ||
| Q2 24 | $238.1M | — | ||
| Q1 24 | $-18.7M | — |
自由现金流率MATXPRI
| Q4 25 | 5.0% | — | ||
| Q3 25 | 10.5% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.0% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 19.6% | — | ||
| Q2 24 | 28.1% | — | ||
| Q1 24 | -2.6% | — |
资本支出强度MATXPRI
| Q4 25 | 15.8% | — | ||
| Q3 25 | 9.5% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 14.1% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 8.2% | — | ||
| Q1 24 | 7.7% | — |
现金转化率MATXPRI
| Q4 25 | 1.24× | 1.72× | ||
| Q3 25 | 1.30× | 0.98× | ||
| Q2 25 | 1.12× | 0.91× | ||
| Q1 25 | 1.23× | 1.17× | ||
| Q4 24 | 1.36× | 1.62× | ||
| Q3 24 | 1.25× | 1.26× | ||
| Q2 24 | 2.72× | 147.98× | ||
| Q1 24 | 1.01× | 1.53× |
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% |
PRI
| Revenues From Sources Other Than Contracts With Customers | $445.9M | 52% |
| Investment And Savings Products Segment Revenues | $340.3M | 40% |
| Other | $56.5M | 7% |
| Segment Revenues From Contracts With Customers | $11.0M | 1% |
