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美森（MATX）与Qnity Electronics, Inc.（Q）财务数据对比。点击上方公司名可切换其他公司
Qnity Electronics, Inc.的季度营收约是美森的1.5倍（$1.3B vs $851.9M），美森净利率更高（16.8% vs 16.5%，领先0.3%），Qnity Electronics, Inc.同比增速更快（11.1% vs -4.3%），Qnity Electronics, Inc.自由现金流更多（$568.0M vs $42.2M）
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。
MATX vs Q — 直观对比
营收规模更大
Q
是对方的1.5倍
$851.9M
营收增速更快
Q
高出15.5%
-4.3%
净利率更高
MATX
高出0.3%
16.5%
自由现金流更多
Q
多$525.8M
$42.2M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.3B |
| 净利润 | $143.1M | $211.0M |
| 毛利率 | — | 45.1% |
| 营业利润率 | 16.9% | 21.3% |
| 净利率 | 16.8% | 16.5% |
| 营收同比 | -4.3% | 11.1% |
| 净利润同比 | 11.8% | 6.0% |
| 每股收益（稀释后） | $4.47 | $1.01 |
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MATXQ
| Q4 25 | $851.9M | — | ||
| Q3 25 | $880.1M | $1.3B | ||
| Q2 25 | $830.5M | — | ||
| Q1 25 | $782.0M | — | ||
| Q4 24 | $890.3M | — | ||
| Q3 24 | $962.0M | $1.1B | ||
| Q2 24 | $847.4M | — | ||
| Q1 24 | $722.1M | — |
净利润MATXQ
| Q4 25 | $143.1M | — | ||
| Q3 25 | $134.7M | $211.0M | ||
| Q2 25 | $94.7M | — | ||
| Q1 25 | $72.3M | — | ||
| Q4 24 | $128.0M | — | ||
| Q3 24 | $199.1M | $199.0M | ||
| Q2 24 | $113.2M | — | ||
| Q1 24 | $36.1M | — |
毛利率MATXQ
| Q4 25 | — | — | ||
| Q3 25 | — | 45.1% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 47.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率MATXQ
| Q4 25 | 16.9% | — | ||
| Q3 25 | 18.3% | 21.3% | ||
| Q2 25 | 13.6% | — | ||
| Q1 25 | 10.5% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 25.2% | 21.8% | ||
| Q2 24 | 14.7% | — | ||
| Q1 24 | 5.1% | — |
净利率MATXQ
| Q4 25 | 16.8% | — | ||
| Q3 25 | 15.3% | 16.5% | ||
| Q2 25 | 11.4% | — | ||
| Q1 25 | 9.2% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 20.7% | 17.3% | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 5.0% | — |
每股收益（稀释后）MATXQ
| Q4 25 | $4.47 | — | ||
| Q3 25 | $4.24 | $1.01 | ||
| Q2 25 | $2.92 | — | ||
| Q1 25 | $2.18 | — | ||
| Q4 24 | $3.69 | — | ||
| Q3 24 | $5.89 | $0.95 | ||
| Q2 24 | $3.31 | — | ||
| Q1 24 | $1.04 | — |
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 | $128.0M |
| 总债务越低越好 | $361.2M | $1.7B |
| 股东权益账面价值 | $2.8B | $9.1B |
| 总资产 | $4.6B | $12.5B |
| 负债/权益比越低杠杆越低 | 0.13× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资MATXQ
| Q4 25 | $141.9M | — | ||
| Q3 25 | $92.7M | $128.0M | ||
| Q2 25 | $59.1M | — | ||
| Q1 25 | $122.0M | — | ||
| Q4 24 | $266.8M | — | ||
| Q3 24 | $270.3M | — | ||
| Q2 24 | $168.2M | — | ||
| Q1 24 | $25.9M | — |
总债务MATXQ
| Q4 25 | $361.2M | — | ||
| Q3 25 | $370.9M | $1.7B | ||
| 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MATXQ
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | $9.1B | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.6B | $11.1B | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
总资产MATXQ
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.6B | $12.5B | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.6B | — | ||
| Q3 24 | $4.4B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.2B | — |
负债/权益比MATXQ
| Q4 25 | 0.13× | — | ||
| Q3 25 | 0.14× | 0.19× | ||
| 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 | $782.0M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $568.0M |
| 自由现金流率自由现金流/营收 | 5.0% | 44.5% |
| 资本支出强度资本支出/营收 | 15.8% | 16.8% |
| 现金转化率经营现金流/净利润 | 1.24× | 3.71× |
| 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MATXQ
| Q4 25 | $176.9M | — | ||
| Q3 25 | $175.6M | $782.0M | ||
| Q2 25 | $105.6M | — | ||
| Q1 25 | $89.0M | — | ||
| Q4 24 | $174.7M | — | ||
| Q3 24 | $248.6M | — | ||
| Q2 24 | $307.9M | — | ||
| Q1 24 | $36.6M | — |
自由现金流MATXQ
| Q4 25 | $42.2M | — | ||
| Q3 25 | $92.4M | $568.0M | ||
| 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MATXQ
| Q4 25 | 5.0% | — | ||
| Q3 25 | 10.5% | 44.5% | ||
| 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MATXQ
| Q4 25 | 15.8% | — | ||
| Q3 25 | 9.5% | 16.8% | ||
| 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MATXQ
| Q4 25 | 1.24× | — | ||
| Q3 25 | 1.30× | 3.71× | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 2.72× | — | ||
| 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% |
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |
