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美森（MATX）与StoneX Group Inc.（SNEX）财务数据对比。点击上方公司名可切换其他公司
StoneX Group Inc.的季度营收约是美森的1.4倍（$1.2B vs $851.9M），美森净利率更高（16.8% vs 11.6%，领先5.2%），StoneX Group Inc.同比增速更快（81.0% vs -4.3%），美森自由现金流更多（$42.2M vs $-1.3B），过去两年StoneX Group Inc.的营收复合增速更高（53.5% 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。
StoneX集团是美国知名金融服务企业，核心业务覆盖商业套期保值、全球支付、证券、实物大宗商品、外汇，以及清算与执行服务六大板块，可为全球各类客户提供专业合规的多元化金融服务。
MATX vs SNEX — 直观对比
营收规模更大
SNEX
是对方的1.4倍
$851.9M
营收增速更快
SNEX
高出85.4%
-4.3%
净利率更高
MATX
高出5.2%
11.6%
自由现金流更多
MATX
多$1.3B
$-1.3B
两年增速更快
SNEX
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.2B |
| 净利润 | $143.1M | $139.0M |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | 15.4% |
| 净利率 | 16.8% | 11.6% |
| 营收同比 | -4.3% | 81.0% |
| 净利润同比 | 11.8% | 63.3% |
| 每股收益（稀释后） | $4.47 | $2.50 |
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MATXSNEX
| Q4 25 | $851.9M | $1.2B | ||
| Q3 25 | $880.1M | $32.7B | ||
| Q2 25 | $830.5M | $851.2M | ||
| Q1 25 | $782.0M | $820.4M | ||
| Q4 24 | $890.3M | $663.1M | ||
| Q3 24 | $962.0M | $31.1B | ||
| Q2 24 | $847.4M | $571.8M | ||
| Q1 24 | $722.1M | $509.2M |
净利润MATXSNEX
| Q4 25 | $143.1M | $139.0M | ||
| Q3 25 | $134.7M | $85.7M | ||
| Q2 25 | $94.7M | $63.4M | ||
| Q1 25 | $72.3M | $71.7M | ||
| Q4 24 | $128.0M | $85.1M | ||
| Q3 24 | $199.1M | $76.7M | ||
| Q2 24 | $113.2M | $61.9M | ||
| Q1 24 | $36.1M | $53.1M |
毛利率MATXSNEX
| Q4 25 | — | — | ||
| Q3 25 | — | 3.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
营业利润率MATXSNEX
| Q4 25 | 16.9% | 15.4% | ||
| Q3 25 | 18.3% | 0.3% | ||
| Q2 25 | 13.6% | -1.3% | ||
| Q1 25 | 10.5% | -1.0% | ||
| Q4 24 | 16.6% | -3.2% | ||
| Q3 24 | 25.2% | -0.0% | ||
| Q2 24 | 14.7% | -4.7% | ||
| Q1 24 | 5.1% | -2.5% |
净利率MATXSNEX
| Q4 25 | 16.8% | 11.6% | ||
| Q3 25 | 15.3% | 0.3% | ||
| Q2 25 | 11.4% | 7.4% | ||
| Q1 25 | 9.2% | 8.7% | ||
| Q4 24 | 14.4% | 12.8% | ||
| Q3 24 | 20.7% | 0.2% | ||
| Q2 24 | 13.4% | 10.8% | ||
| Q1 24 | 5.0% | 10.4% |
每股收益（稀释后）MATXSNEX
| Q4 25 | $4.47 | $2.50 | ||
| Q3 25 | $4.24 | $0.72 | ||
| Q2 25 | $2.92 | $1.22 | ||
| Q1 25 | $2.18 | $1.41 | ||
| Q4 24 | $3.69 | $1.69 | ||
| Q3 24 | $5.89 | $2.32 | ||
| Q2 24 | $3.31 | $1.25 | ||
| Q1 24 | $1.04 | $1.09 |
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 | $1.6B |
| 总债务越低越好 | $361.2M | — |
| 股东权益账面价值 | $2.8B | $2.5B |
| 总资产 | $4.6B | $47.8B |
| 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MATXSNEX
| Q4 25 | $141.9M | $1.6B | ||
| Q3 25 | $92.7M | $1.6B | ||
| Q2 25 | $59.1M | $1.3B | ||
| Q1 25 | $122.0M | $1.3B | ||
| Q4 24 | $266.8M | $1.4B | ||
| Q3 24 | $270.3M | $1.3B | ||
| Q2 24 | $168.2M | $1.2B | ||
| Q1 24 | $25.9M | $1.3B |
总债务MATXSNEX
| 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MATXSNEX
| Q4 25 | $2.8B | $2.5B | ||
| Q3 25 | $2.7B | $2.4B | ||
| Q2 25 | $2.6B | $2.0B | ||
| Q1 25 | $2.6B | $1.9B | ||
| Q4 24 | $2.7B | $1.8B | ||
| Q3 24 | $2.6B | $1.7B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.4B | $1.5B |
总资产MATXSNEX
| Q4 25 | $4.6B | $47.8B | ||
| Q3 25 | $4.6B | $45.3B | ||
| Q2 25 | $4.5B | $34.3B | ||
| Q1 25 | $4.5B | $31.3B | ||
| Q4 24 | $4.6B | $29.6B | ||
| Q3 24 | $4.4B | $27.5B | ||
| Q2 24 | $4.3B | $25.9B | ||
| Q1 24 | $4.2B | $25.7B |
负债/权益比MATXSNEX
| 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 | $-1.3B |
| 自由现金流经营现金流 - 资本支出 | $42.2M | $-1.3B |
| 自由现金流率自由现金流/营收 | 5.0% | -106.4% |
| 资本支出强度资本支出/营收 | 15.8% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.24× | -9.08× |
| 过去12个月自由现金流最近4个季度 | $153.7M | $3.5B |
8季度趋势，按日历期对齐
经营现金流MATXSNEX
| Q4 25 | $176.9M | $-1.3B | ||
| Q3 25 | $175.6M | $3.5B | ||
| Q2 25 | $105.6M | $1.5B | ||
| Q1 25 | $89.0M | $-154.5M | ||
| Q4 24 | $174.7M | $-477.8M | ||
| Q3 24 | $248.6M | $192.6M | ||
| Q2 24 | $307.9M | $-622.1M | ||
| Q1 24 | $36.6M | $784.0M |
自由现金流MATXSNEX
| Q4 25 | $42.2M | $-1.3B | ||
| Q3 25 | $92.4M | $3.5B | ||
| Q2 25 | $19.3M | $1.5B | ||
| Q1 25 | $-200.0K | $-169.8M | ||
| Q4 24 | $49.3M | $-491.4M | ||
| Q3 24 | $189.0M | $175.9M | ||
| Q2 24 | $238.1M | $-640.5M | ||
| Q1 24 | $-18.7M | $766.6M |
自由现金流率MATXSNEX
| Q4 25 | 5.0% | -106.4% | ||
| Q3 25 | 10.5% | 10.7% | ||
| Q2 25 | 2.3% | 173.3% | ||
| Q1 25 | -0.0% | -20.7% | ||
| Q4 24 | 5.5% | -74.1% | ||
| Q3 24 | 19.6% | 0.6% | ||
| Q2 24 | 28.1% | -112.0% | ||
| Q1 24 | -2.6% | 150.5% |
资本支出强度MATXSNEX
| Q4 25 | 15.8% | 1.3% | ||
| Q3 25 | 9.5% | 0.1% | ||
| Q2 25 | 10.4% | 1.9% | ||
| Q1 25 | 11.4% | 1.9% | ||
| Q4 24 | 14.1% | 2.1% | ||
| Q3 24 | 6.2% | 0.1% | ||
| Q2 24 | 8.2% | 3.2% | ||
| Q1 24 | 7.7% | 3.4% |
现金转化率MATXSNEX
| Q4 25 | 1.24× | -9.08× | ||
| Q3 25 | 1.30× | 41.18× | ||
| Q2 25 | 1.12× | 23.52× | ||
| Q1 25 | 1.23× | -2.15× | ||
| Q4 24 | 1.36× | -5.61× | ||
| Q3 24 | 1.25× | 2.51× | ||
| Q2 24 | 2.72× | -10.05× | ||
| Q1 24 | 1.01× | 14.76× |
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% |
SNEX
暂无分部数据
