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美森（MATX）与SM Energy Co（SM）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SM Energy Co的1.2倍（$851.9M vs $704.9M），美森同比增速更快（-4.3% vs -17.3%），过去两年SM Energy Co的营收复合增速更高（12.2% vs 8.6%）
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。
SM能源公司是一家专注于油气勘探开发的能源企业，注册地位于美国特拉华州，总部设立在科罗拉多州丹佛市，业务围绕 hydrocarbon 资源的勘探布局，在能源勘探领域拥有成熟的运营经验。
MATX vs SM — 直观对比
营收规模更大
MATX
是对方的1.2倍
$704.9M
营收增速更快
MATX
高出12.9%
-17.3%
两年增速更快
SM
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $704.9M |
| 净利润 | $143.1M | — |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 25.9% |
| 净利率 | 16.8% | — |
| 营收同比 | -4.3% | -17.3% |
| 净利润同比 | 11.8% | — |
| 每股收益（稀释后） | $4.47 | $0.94 |
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MATXSM
| Q4 25 | $851.9M | $704.9M | ||
| Q3 25 | $880.1M | $811.6M | ||
| Q2 25 | $830.5M | $792.9M | ||
| Q1 25 | $782.0M | $844.5M | ||
| Q4 24 | $890.3M | $852.0M | ||
| Q3 24 | $962.0M | $643.6M | ||
| Q2 24 | $847.4M | $634.6M | ||
| Q1 24 | $722.1M | $559.9M |
净利润MATXSM
| Q4 25 | $143.1M | — | ||
| Q3 25 | $134.7M | $155.1M | ||
| Q2 25 | $94.7M | $201.7M | ||
| Q1 25 | $72.3M | $182.3M | ||
| Q4 24 | $128.0M | — | ||
| Q3 24 | $199.1M | $240.5M | ||
| Q2 24 | $113.2M | $210.3M | ||
| Q1 24 | $36.1M | $131.2M |
营业利润率MATXSM
| Q4 25 | 16.9% | 25.9% | ||
| Q3 25 | 18.3% | 30.4% | ||
| Q2 25 | 13.6% | 37.2% | ||
| Q1 25 | 10.5% | 32.7% | ||
| Q4 24 | 16.6% | 33.7% | ||
| Q3 24 | 25.2% | 51.4% | ||
| Q2 24 | 14.7% | 44.0% | ||
| Q1 24 | 5.1% | 31.9% |
净利率MATXSM
| Q4 25 | 16.8% | — | ||
| Q3 25 | 15.3% | 19.1% | ||
| Q2 25 | 11.4% | 25.4% | ||
| Q1 25 | 9.2% | 21.6% | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 20.7% | 37.4% | ||
| Q2 24 | 13.4% | 33.1% | ||
| Q1 24 | 5.0% | 23.4% |
每股收益（稀释后）MATXSM
| Q4 25 | $4.47 | $0.94 | ||
| Q3 25 | $4.24 | $1.35 | ||
| Q2 25 | $2.92 | $1.76 | ||
| Q1 25 | $2.18 | $1.59 | ||
| Q4 24 | $3.69 | $1.63 | ||
| Q3 24 | $5.89 | $2.09 | ||
| Q2 24 | $3.31 | $1.82 | ||
| Q1 24 | $1.04 | $1.13 |
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 | $368.0M |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $4.8B |
| 总资产 | $4.6B | $9.3B |
| 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MATXSM
| Q4 25 | $141.9M | $368.0M | ||
| Q3 25 | $92.7M | $162.3M | ||
| Q2 25 | $59.1M | $101.9M | ||
| Q1 25 | $122.0M | $54.0K | ||
| Q4 24 | $266.8M | — | ||
| Q3 24 | $270.3M | $1.7B | ||
| Q2 24 | $168.2M | $487.9M | ||
| Q1 24 | $25.9M | $506.3M |
总债务MATXSM
| 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MATXSM
| Q4 25 | $2.8B | $4.8B | ||
| Q3 25 | $2.7B | $4.7B | ||
| Q2 25 | $2.6B | $4.6B | ||
| Q1 25 | $2.6B | $4.4B | ||
| Q4 24 | $2.7B | $4.2B | ||
| Q3 24 | $2.6B | $4.1B | ||
| Q2 24 | $2.4B | $3.8B | ||
| Q1 24 | $2.4B | $3.7B |
总资产MATXSM
| Q4 25 | $4.6B | $9.3B | ||
| Q3 25 | $4.6B | $9.1B | ||
| Q2 25 | $4.5B | $9.0B | ||
| Q1 25 | $4.5B | $8.8B | ||
| Q4 24 | $4.6B | $8.6B | ||
| Q3 24 | $4.4B | $8.0B | ||
| Q2 24 | $4.3B | $6.7B | ||
| Q1 24 | $4.2B | $6.4B |
负债/权益比MATXSM
| 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 | $451.9M |
| 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× | — |
| 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MATXSM
| Q4 25 | $176.9M | $451.9M | ||
| Q3 25 | $175.6M | $505.0M | ||
| Q2 25 | $105.6M | $571.1M | ||
| Q1 25 | $89.0M | $483.0M | ||
| Q4 24 | $174.7M | $578.4M | ||
| Q3 24 | $248.6M | $452.3M | ||
| Q2 24 | $307.9M | $476.4M | ||
| Q1 24 | $36.6M | $276.0M |
自由现金流MATXSM
| 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MATXSM
| 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MATXSM
| 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MATXSM
| Q4 25 | 1.24× | — | ||
| Q3 25 | 1.30× | 3.26× | ||
| Q2 25 | 1.12× | 2.83× | ||
| Q1 25 | 1.23× | 2.65× | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 1.25× | 1.88× | ||
| Q2 24 | 2.72× | 2.27× | ||
| Q1 24 | 1.01× | 2.10× |
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% |
SM
暂无分部数据
