vs
美森（MATX）与SERVICE CORP INTERNATIONAL（SCI）财务数据对比。点击上方公司名可切换其他公司
SERVICE CORP INTERNATIONAL的季度营收约是美森的1.3倍（$1.1B vs $851.9M），美森净利率更高（16.8% vs 14.3%，领先2.5%），SERVICE CORP INTERNATIONAL同比增速更快（1.7% vs -4.3%），SERVICE CORP INTERNATIONAL自由现金流更多（$87.2M vs $42.2M），过去两年美森的营收复合增速更高（8.6% vs 3.1%）
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。
国际配送服务有限公司（IDS）是英国邮政及快递服务提供商，2013年由英国政府设立，作为皇家邮政的控股母公司，多数股权随后在伦敦证券交易所公开发售，当时政府保留30%股份。截至2025年4月，该公司由丹尼尔·克雷廷斯基旗下捷克EP集团持有运营。
MATX vs SCI — 直观对比
营收规模更大
SCI
是对方的1.3倍
$851.9M
营收增速更快
SCI
高出6.0%
-4.3%
净利率更高
MATX
高出2.5%
14.3%
自由现金流更多
SCI
多$45.0M
$42.2M
两年增速更快
MATX
近两年复合增速
3.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.1B |
| 净利润 | $143.1M | $159.4M |
| 毛利率 | — | 28.0% |
| 营业利润率 | 16.9% | 24.8% |
| 净利率 | 16.8% | 14.3% |
| 营收同比 | -4.3% | 1.7% |
| 净利润同比 | 11.8% | 5.3% |
| 每股收益（稀释后） | $4.47 | $1.13 |
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MATXSCI
| Q4 25 | $851.9M | $1.1B | ||
| Q3 25 | $880.1M | $1.1B | ||
| Q2 25 | $830.5M | $1.1B | ||
| Q1 25 | $782.0M | $1.1B | ||
| Q4 24 | $890.3M | $1.1B | ||
| Q3 24 | $962.0M | $1.0B | ||
| Q2 24 | $847.4M | $1.0B | ||
| Q1 24 | $722.1M | $1.0B |
净利润MATXSCI
| Q4 25 | $143.1M | $159.4M | ||
| Q3 25 | $134.7M | $117.5M | ||
| Q2 25 | $94.7M | $122.9M | ||
| Q1 25 | $72.3M | $142.9M | ||
| Q4 24 | $128.0M | $151.4M | ||
| Q3 24 | $199.1M | $117.8M | ||
| Q2 24 | $113.2M | $118.2M | ||
| Q1 24 | $36.1M | $131.3M |
毛利率MATXSCI
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 25.5% | ||
| Q1 25 | — | 27.1% | ||
| Q4 24 | — | 28.0% | ||
| Q3 24 | — | 24.9% | ||
| Q2 24 | — | 24.9% | ||
| Q1 24 | — | 26.2% |
营业利润率MATXSCI
| Q4 25 | 16.9% | 24.8% | ||
| Q3 25 | 18.3% | 21.4% | ||
| Q2 25 | 13.6% | 21.1% | ||
| Q1 25 | 10.5% | 23.4% | ||
| Q4 24 | 16.6% | 24.0% | ||
| Q3 24 | 25.2% | 20.9% | ||
| Q2 24 | 14.7% | 21.4% | ||
| Q1 24 | 5.1% | 22.2% |
净利率MATXSCI
| Q4 25 | 16.8% | 14.3% | ||
| Q3 25 | 15.3% | 11.1% | ||
| Q2 25 | 11.4% | 11.5% | ||
| Q1 25 | 9.2% | 13.3% | ||
| Q4 24 | 14.4% | 13.8% | ||
| Q3 24 | 20.7% | 11.6% | ||
| Q2 24 | 13.4% | 11.4% | ||
| Q1 24 | 5.0% | 12.6% |
每股收益（稀释后）MATXSCI
| Q4 25 | $4.47 | $1.13 | ||
| Q3 25 | $4.24 | $0.83 | ||
| Q2 25 | $2.92 | $0.86 | ||
| Q1 25 | $2.18 | $0.98 | ||
| Q4 24 | $3.69 | $1.02 | ||
| Q3 24 | $5.89 | $0.81 | ||
| Q2 24 | $3.31 | $0.81 | ||
| Q1 24 | $1.04 | $0.89 |
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 | $243.6M |
| 总债务越低越好 | $361.2M | $5.1B |
| 股东权益账面价值 | $2.8B | $1.6B |
| 总资产 | $4.6B | $18.7B |
| 负债/权益比越低杠杆越低 | 0.13× | 3.10× |
8季度趋势，按日历期对齐
现金及短期投资MATXSCI
| Q4 25 | $141.9M | $243.6M | ||
| Q3 25 | $92.7M | $241.3M | ||
| Q2 25 | $59.1M | $255.4M | ||
| Q1 25 | $122.0M | $227.2M | ||
| Q4 24 | $266.8M | $218.8M | ||
| Q3 24 | $270.3M | $185.4M | ||
| Q2 24 | $168.2M | $184.4M | ||
| Q1 24 | $25.9M | $205.6M |
总债务MATXSCI
| Q4 25 | $361.2M | $5.1B | ||
| Q3 25 | $370.9M | $5.0B | ||
| Q2 25 | $341.3M | $5.0B | ||
| Q1 25 | $351.1M | $4.7B | ||
| Q4 24 | $361.2M | $4.8B | ||
| Q3 24 | $370.9M | $4.7B | ||
| Q2 24 | $381.0M | $4.7B | ||
| Q1 24 | $390.8M | $4.6B |
股东权益MATXSCI
| Q4 25 | $2.8B | $1.6B | ||
| Q3 25 | $2.7B | $1.6B | ||
| Q2 25 | $2.6B | $1.6B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.7B | $1.7B | ||
| Q3 24 | $2.6B | $1.6B | ||
| Q2 24 | $2.4B | $1.5B | ||
| Q1 24 | $2.4B | $1.6B |
总资产MATXSCI
| Q4 25 | $4.6B | $18.7B | ||
| Q3 25 | $4.6B | $18.4B | ||
| Q2 25 | $4.5B | $18.0B | ||
| Q1 25 | $4.5B | $17.3B | ||
| Q4 24 | $4.6B | $17.4B | ||
| Q3 24 | $4.4B | $17.4B | ||
| Q2 24 | $4.3B | $16.8B | ||
| Q1 24 | $4.2B | $16.7B |
负债/权益比MATXSCI
| Q4 25 | 0.13× | 3.10× | ||
| Q3 25 | 0.14× | 3.17× | ||
| Q2 25 | 0.13× | 3.19× | ||
| Q1 25 | 0.13× | 2.87× | ||
| Q4 24 | 0.14× | 2.83× | ||
| Q3 24 | 0.15× | 2.92× | ||
| Q2 24 | 0.16× | 3.05× | ||
| Q1 24 | 0.16× | 2.90× |
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 | $212.9M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $87.2M |
| 自由现金流率自由现金流/营收 | 5.0% | 7.8% |
| 资本支出强度资本支出/营收 | 15.8% | 11.3% |
| 现金转化率经营现金流/净利润 | 1.24× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $153.7M | $554.2M |
8季度趋势，按日历期对齐
经营现金流MATXSCI
| Q4 25 | $176.9M | $212.9M | ||
| Q3 25 | $175.6M | $252.3M | ||
| Q2 25 | $105.6M | $166.4M | ||
| Q1 25 | $89.0M | $311.1M | ||
| Q4 24 | $174.7M | $264.1M | ||
| Q3 24 | $248.6M | $263.8M | ||
| Q2 24 | $307.9M | $196.9M | ||
| Q1 24 | $36.6M | $220.1M |
自由现金流MATXSCI
| Q4 25 | $42.2M | $87.2M | ||
| Q3 25 | $92.4M | $150.7M | ||
| Q2 25 | $19.3M | $83.4M | ||
| Q1 25 | $-200.0K | $233.0M | ||
| Q4 24 | $49.3M | $151.8M | ||
| Q3 24 | $189.0M | $162.8M | ||
| Q2 24 | $238.1M | $100.8M | ||
| Q1 24 | $-18.7M | $140.3M |
自由现金流率MATXSCI
| Q4 25 | 5.0% | 7.8% | ||
| Q3 25 | 10.5% | 14.2% | ||
| Q2 25 | 2.3% | 7.8% | ||
| Q1 25 | -0.0% | 21.7% | ||
| Q4 24 | 5.5% | 13.9% | ||
| Q3 24 | 19.6% | 16.1% | ||
| Q2 24 | 28.1% | 9.7% | ||
| Q1 24 | -2.6% | 13.4% |
资本支出强度MATXSCI
| Q4 25 | 15.8% | 11.3% | ||
| Q3 25 | 9.5% | 9.6% | ||
| Q2 25 | 10.4% | 7.8% | ||
| Q1 25 | 11.4% | 7.3% | ||
| Q4 24 | 14.1% | 10.3% | ||
| Q3 24 | 6.2% | 10.0% | ||
| Q2 24 | 8.2% | 9.3% | ||
| Q1 24 | 7.7% | 7.6% |
现金转化率MATXSCI
| Q4 25 | 1.24× | 1.34× | ||
| Q3 25 | 1.30× | 2.15× | ||
| Q2 25 | 1.12× | 1.35× | ||
| Q1 25 | 1.23× | 2.18× | ||
| Q4 24 | 1.36× | 1.75× | ||
| Q3 24 | 1.25× | 2.24× | ||
| Q2 24 | 2.72× | 1.67× | ||
| Q1 24 | 1.01× | 1.68× |
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% |
SCI
| Cemetery | $510.9M | 46% |
| Funeral Matured Preneed Revenue | $196.5M | 18% |
| Cemetery Recognized Preneed Merchandise And Service Revenue | $107.4M | 10% |
| Cemetery Atneed Revenue | $104.9M | 9% |
| CA | $56.4M | 5% |
| Funeral Other Revenue | $54.6M | 5% |
| Cemetery Other Revenue | $40.2M | 4% |
| Nonfuneral Home Revenue | $28.1M | 3% |
| Non Funeral Home Preneed Sales Revenue | $22.0M | 2% |
