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美森（MATX）与Sylvamo Corp（SLVM）财务数据对比。点击上方公司名可切换其他公司
Sylvamo Corp的季度营收约是美森的1.0倍（$890.0M vs $851.9M），美森净利率更高（16.8% vs 3.7%，领先13.1%），美森同比增速更快（-4.3% vs -8.2%），美森自由现金流更多（$42.2M vs $38.0M），过去两年美森的营收复合增速更高（8.6% vs -0.8%）
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。
西尔瓦莫公司是全球领先的可持续纸浆与纸品生产商，核心产品包括非涂布印刷纸、包装纸及商用纸浆，业务覆盖北美、欧洲、拉美地区，服务办公耗材、出版、商业印刷、包装等多个领域。
MATX vs SLVM — 直观对比
营收规模更大
SLVM
是对方的1.0倍
$851.9M
营收增速更快
MATX
高出3.9%
-8.2%
净利率更高
MATX
高出13.1%
3.7%
自由现金流更多
MATX
多$4.2M
$38.0M
两年增速更快
MATX
近两年复合增速
-0.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $890.0M |
| 净利润 | $143.1M | $33.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 8.9% |
| 净利率 | 16.8% | 3.7% |
| 营收同比 | -4.3% | -8.2% |
| 净利润同比 | 11.8% | -59.3% |
| 每股收益（稀释后） | $4.47 | $0.81 |
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MATXSLVM
| Q4 25 | $851.9M | $890.0M | ||
| Q3 25 | $880.1M | $846.0M | ||
| Q2 25 | $830.5M | $794.0M | ||
| Q1 25 | $782.0M | $821.0M | ||
| Q4 24 | $890.3M | $970.0M | ||
| Q3 24 | $962.0M | $965.0M | ||
| Q2 24 | $847.4M | $933.0M | ||
| Q1 24 | $722.1M | $905.0M |
净利润MATXSLVM
| Q4 25 | $143.1M | $33.0M | ||
| Q3 25 | $134.7M | $57.0M | ||
| Q2 25 | $94.7M | $15.0M | ||
| Q1 25 | $72.3M | $27.0M | ||
| Q4 24 | $128.0M | $81.0M | ||
| Q3 24 | $199.1M | $95.0M | ||
| Q2 24 | $113.2M | $83.0M | ||
| Q1 24 | $36.1M | $43.0M |
营业利润率MATXSLVM
| Q4 25 | 16.9% | 8.9% | ||
| Q3 25 | 18.3% | 11.6% | ||
| Q2 25 | 13.6% | 3.8% | ||
| Q1 25 | 10.5% | 5.4% | ||
| Q4 24 | 16.6% | 11.2% | ||
| Q3 24 | 25.2% | 15.5% | ||
| Q2 24 | 14.7% | 13.1% | ||
| Q1 24 | 5.1% | 8.0% |
净利率MATXSLVM
| Q4 25 | 16.8% | 3.7% | ||
| Q3 25 | 15.3% | 6.7% | ||
| Q2 25 | 11.4% | 1.9% | ||
| Q1 25 | 9.2% | 3.3% | ||
| Q4 24 | 14.4% | 8.4% | ||
| Q3 24 | 20.7% | 9.8% | ||
| Q2 24 | 13.4% | 8.9% | ||
| Q1 24 | 5.0% | 4.8% |
每股收益（稀释后）MATXSLVM
| Q4 25 | $4.47 | $0.81 | ||
| Q3 25 | $4.24 | $1.41 | ||
| Q2 25 | $2.92 | $0.37 | ||
| Q1 25 | $2.18 | $0.65 | ||
| Q4 24 | $3.69 | $1.91 | ||
| Q3 24 | $5.89 | $2.27 | ||
| Q2 24 | $3.31 | $1.98 | ||
| Q1 24 | $1.04 | $1.02 |
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 | $198.0M |
| 总债务越低越好 | $361.2M | $763.0M |
| 股东权益账面价值 | $2.8B | $966.0M |
| 总资产 | $4.6B | $2.8B |
| 负债/权益比越低杠杆越低 | 0.13× | 0.79× |
8季度趋势，按日历期对齐
现金及短期投资MATXSLVM
| Q4 25 | $141.9M | $198.0M | ||
| Q3 25 | $92.7M | $146.0M | ||
| Q2 25 | $59.1M | $183.0M | ||
| Q1 25 | $122.0M | $220.0M | ||
| Q4 24 | $266.8M | $309.0M | ||
| Q3 24 | $270.3M | $414.0M | ||
| Q2 24 | $168.2M | $213.0M | ||
| Q1 24 | $25.9M | $218.0M |
总债务MATXSLVM
| Q4 25 | $361.2M | $763.0M | ||
| Q3 25 | $370.9M | $778.0M | ||
| Q2 25 | $341.3M | $767.0M | ||
| Q1 25 | $351.1M | $794.0M | ||
| Q4 24 | $361.2M | $782.0M | ||
| Q3 24 | $370.9M | $883.0M | ||
| Q2 24 | $381.0M | $894.0M | ||
| Q1 24 | $390.8M | $921.0M |
股东权益MATXSLVM
| Q4 25 | $2.8B | $966.0M | ||
| Q3 25 | $2.7B | $977.0M | ||
| Q2 25 | $2.6B | $959.0M | ||
| Q1 25 | $2.6B | $908.0M | ||
| Q4 24 | $2.7B | $847.0M | ||
| Q3 24 | $2.6B | $937.0M | ||
| Q2 24 | $2.4B | $830.0M | ||
| Q1 24 | $2.4B | $889.0M |
总资产MATXSLVM
| Q4 25 | $4.6B | $2.8B | ||
| Q3 25 | $4.6B | $2.7B | ||
| Q2 25 | $4.5B | $2.7B | ||
| Q1 25 | $4.5B | $2.6B | ||
| Q4 24 | $4.6B | $2.6B | ||
| Q3 24 | $4.4B | $2.9B | ||
| Q2 24 | $4.3B | $2.7B | ||
| Q1 24 | $4.2B | $2.6B |
负债/权益比MATXSLVM
| Q4 25 | 0.13× | 0.79× | ||
| Q3 25 | 0.14× | 0.80× | ||
| Q2 25 | 0.13× | 0.80× | ||
| Q1 25 | 0.13× | 0.87× | ||
| Q4 24 | 0.14× | 0.92× | ||
| Q3 24 | 0.15× | 0.94× | ||
| Q2 24 | 0.16× | 1.08× | ||
| Q1 24 | 0.16× | 1.04× |
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 | $94.0M |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $38.0M |
| 自由现金流率自由现金流/营收 | 5.0% | 4.3% |
| 资本支出强度资本支出/营收 | 15.8% | 6.3% |
| 现金转化率经营现金流/净利润 | 1.24× | 2.85× |
| 过去12个月自由现金流最近4个季度 | $153.7M | $44.0M |
8季度趋势，按日历期对齐
经营现金流MATXSLVM
| Q4 25 | $176.9M | $94.0M | ||
| Q3 25 | $175.6M | $87.0M | ||
| Q2 25 | $105.6M | $64.0M | ||
| Q1 25 | $89.0M | $23.0M | ||
| Q4 24 | $174.7M | $164.0M | ||
| Q3 24 | $248.6M | $163.0M | ||
| Q2 24 | $307.9M | $115.0M | ||
| Q1 24 | $36.6M | $27.0M |
自由现金流MATXSLVM
| Q4 25 | $42.2M | $38.0M | ||
| Q3 25 | $92.4M | $33.0M | ||
| Q2 25 | $19.3M | $-2.0M | ||
| Q1 25 | $-200.0K | $-25.0M | ||
| Q4 24 | $49.3M | $100.0M | ||
| Q3 24 | $189.0M | $119.0M | ||
| Q2 24 | $238.1M | $62.0M | ||
| Q1 24 | $-18.7M | $-33.0M |
自由现金流率MATXSLVM
| Q4 25 | 5.0% | 4.3% | ||
| Q3 25 | 10.5% | 3.9% | ||
| Q2 25 | 2.3% | -0.3% | ||
| Q1 25 | -0.0% | -3.0% | ||
| Q4 24 | 5.5% | 10.3% | ||
| Q3 24 | 19.6% | 12.3% | ||
| Q2 24 | 28.1% | 6.6% | ||
| Q1 24 | -2.6% | -3.6% |
资本支出强度MATXSLVM
| Q4 25 | 15.8% | 6.3% | ||
| Q3 25 | 9.5% | 6.4% | ||
| Q2 25 | 10.4% | 8.3% | ||
| Q1 25 | 11.4% | 5.8% | ||
| Q4 24 | 14.1% | 6.6% | ||
| Q3 24 | 6.2% | 4.6% | ||
| Q2 24 | 8.2% | 5.7% | ||
| Q1 24 | 7.7% | 6.6% |
现金转化率MATXSLVM
| Q4 25 | 1.24× | 2.85× | ||
| Q3 25 | 1.30× | 1.53× | ||
| Q2 25 | 1.12× | 4.27× | ||
| Q1 25 | 1.23× | 0.85× | ||
| Q4 24 | 1.36× | 2.02× | ||
| Q3 24 | 1.25× | 1.72× | ||
| Q2 24 | 2.72× | 1.39× | ||
| Q1 24 | 1.01× | 0.63× |
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% |
SLVM
暂无分部数据
