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美森（MATX）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
美森的季度营收约是Rackspace Technology, Inc.的1.2倍（$851.9M vs $682.8M），美森净利率更高（16.8% vs -4.8%，领先21.6%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -4.3%），Rackspace Technology, Inc.自由现金流更多（$56.0M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs -0.6%）
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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
MATX vs RXT — 直观对比
营收规模更大
MATX
是对方的1.2倍
$682.8M
营收增速更快
RXT
高出3.9%
-4.3%
净利率更高
MATX
高出21.6%
-4.8%
自由现金流更多
RXT
多$13.8M
$42.2M
两年增速更快
MATX
近两年复合增速
-0.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $682.8M |
| 净利润 | $143.1M | $-32.7M |
| 毛利率 | — | 17.6% |
| 营业利润率 | 16.9% | -0.5% |
| 净利率 | 16.8% | -4.8% |
| 营收同比 | -4.3% | -0.4% |
| 净利润同比 | 11.8% | 41.6% |
| 每股收益（稀释后） | $4.47 | $-0.13 |
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MATXRXT
| Q4 25 | $851.9M | $682.8M | ||
| Q3 25 | $880.1M | $671.2M | ||
| Q2 25 | $830.5M | $666.3M | ||
| Q1 25 | $782.0M | $665.4M | ||
| Q4 24 | $890.3M | $685.6M | ||
| Q3 24 | $962.0M | $675.8M | ||
| Q2 24 | $847.4M | $684.9M | ||
| Q1 24 | $722.1M | $690.8M |
净利润MATXRXT
| Q4 25 | $143.1M | $-32.7M | ||
| Q3 25 | $134.7M | $-67.1M | ||
| Q2 25 | $94.7M | $-54.5M | ||
| Q1 25 | $72.3M | $-71.5M | ||
| Q4 24 | $128.0M | $-56.0M | ||
| Q3 24 | $199.1M | $-186.6M | ||
| Q2 24 | $113.2M | $25.0M | ||
| Q1 24 | $36.1M | $-640.6M |
毛利率MATXRXT
| Q4 25 | — | 17.6% | ||
| Q3 25 | — | 19.4% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 19.2% |
营业利润率MATXRXT
| Q4 25 | 16.9% | -0.5% | ||
| Q3 25 | 18.3% | -5.1% | ||
| Q2 25 | 13.6% | -3.8% | ||
| Q1 25 | 10.5% | -5.8% | ||
| Q4 24 | 16.6% | -4.2% | ||
| Q3 24 | 25.2% | -25.7% | ||
| Q2 24 | 14.7% | -7.9% | ||
| Q1 24 | 5.1% | -94.5% |
净利率MATXRXT
| Q4 25 | 16.8% | -4.8% | ||
| Q3 25 | 15.3% | -10.0% | ||
| Q2 25 | 11.4% | -8.2% | ||
| Q1 25 | 9.2% | -10.7% | ||
| Q4 24 | 14.4% | -8.2% | ||
| Q3 24 | 20.7% | -27.6% | ||
| Q2 24 | 13.4% | 3.7% | ||
| Q1 24 | 5.0% | -92.7% |
每股收益（稀释后）MATXRXT
| Q4 25 | $4.47 | $-0.13 | ||
| Q3 25 | $4.24 | $-0.28 | ||
| Q2 25 | $2.92 | $-0.23 | ||
| Q1 25 | $2.18 | $-0.31 | ||
| Q4 24 | $3.69 | $-0.20 | ||
| Q3 24 | $5.89 | $-0.82 | ||
| Q2 24 | $3.31 | $0.11 | ||
| Q1 24 | $1.04 | $-2.91 |
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 | $105.8M |
| 总债务越低越好 | $361.2M | $2.7B |
| 股东权益账面价值 | $2.8B | $-1.2B |
| 总资产 | $4.6B | $2.8B |
| 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MATXRXT
| Q4 25 | $141.9M | $105.8M | ||
| Q3 25 | $92.7M | $99.5M | ||
| Q2 25 | $59.1M | $103.9M | ||
| Q1 25 | $122.0M | $128.0M | ||
| Q4 24 | $266.8M | $144.0M | ||
| Q3 24 | $270.3M | $157.1M | ||
| Q2 24 | $168.2M | $190.2M | ||
| Q1 24 | $25.9M | $282.6M |
总债务MATXRXT
| Q4 25 | $361.2M | $2.7B | ||
| Q3 25 | $370.9M | $2.8B | ||
| Q2 25 | $341.3M | $2.8B | ||
| Q1 25 | $351.1M | $2.8B | ||
| Q4 24 | $361.2M | $2.8B | ||
| Q3 24 | $370.9M | $2.8B | ||
| Q2 24 | $381.0M | $2.9B | ||
| Q1 24 | $390.8M | $3.0B |
股东权益MATXRXT
| Q4 25 | $2.8B | $-1.2B | ||
| Q3 25 | $2.7B | $-1.2B | ||
| Q2 25 | $2.6B | $-1.1B | ||
| Q1 25 | $2.6B | $-1.1B | ||
| Q4 24 | $2.7B | $-1.0B | ||
| Q3 24 | $2.6B | $-949.7M | ||
| Q2 24 | $2.4B | $-756.2M | ||
| Q1 24 | $2.4B | $-787.2M |
总资产MATXRXT
| Q4 25 | $4.6B | $2.8B | ||
| Q3 25 | $4.6B | $2.8B | ||
| Q2 25 | $4.5B | $2.9B | ||
| Q1 25 | $4.5B | $3.0B | ||
| Q4 24 | $4.6B | $3.1B | ||
| Q3 24 | $4.4B | $3.1B | ||
| Q2 24 | $4.3B | $3.4B | ||
| Q1 24 | $4.2B | $3.5B |
负债/权益比MATXRXT
| 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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $56.0M |
| 自由现金流率自由现金流/营收 | 5.0% | 8.2% |
| 资本支出强度资本支出/营收 | 15.8% | 0.5% |
| 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 | $90.6M |
8季度趋势，按日历期对齐
经营现金流MATXRXT
| Q4 25 | $176.9M | $59.7M | ||
| Q3 25 | $175.6M | $70.7M | ||
| Q2 25 | $105.6M | $8.4M | ||
| Q1 25 | $89.0M | $12.6M | ||
| Q4 24 | $174.7M | $54.3M | ||
| Q3 24 | $248.6M | $51.8M | ||
| Q2 24 | $307.9M | $24.1M | ||
| Q1 24 | $36.6M | $-90.3M |
自由现金流MATXRXT
| Q4 25 | $42.2M | $56.0M | ||
| Q3 25 | $92.4M | $42.7M | ||
| Q2 25 | $19.3M | $-12.4M | ||
| Q1 25 | $-200.0K | $4.3M | ||
| Q4 24 | $49.3M | $34.4M | ||
| Q3 24 | $189.0M | $27.3M | ||
| Q2 24 | $238.1M | $-14.5M | ||
| Q1 24 | $-18.7M | $-118.4M |
自由现金流率MATXRXT
| Q4 25 | 5.0% | 8.2% | ||
| Q3 25 | 10.5% | 6.4% | ||
| Q2 25 | 2.3% | -1.9% | ||
| Q1 25 | -0.0% | 0.6% | ||
| Q4 24 | 5.5% | 5.0% | ||
| Q3 24 | 19.6% | 4.0% | ||
| Q2 24 | 28.1% | -2.1% | ||
| Q1 24 | -2.6% | -17.1% |
资本支出强度MATXRXT
| Q4 25 | 15.8% | 0.5% | ||
| Q3 25 | 9.5% | 4.2% | ||
| Q2 25 | 10.4% | 3.1% | ||
| Q1 25 | 11.4% | 1.2% | ||
| Q4 24 | 14.1% | 2.9% | ||
| Q3 24 | 6.2% | 3.6% | ||
| Q2 24 | 8.2% | 5.6% | ||
| Q1 24 | 7.7% | 4.1% |
现金转化率MATXRXT
| Q4 25 | 1.24× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 2.72× | 0.96× | ||
| 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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
