vs
美森（MATX）与TALOS ENERGY INC.（TALO）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TALOS ENERGY INC.的1.8倍（$851.9M vs $472.3M），美森同比增速更快（-4.3% vs -7.9%），过去两年美森的营收复合增速更高（8.6% vs -7.3%）
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。
塔洛斯能源是一家专注于油气领域的企业，主要在美国墨西哥湾沿岸及墨西哥湾区域开展石油、天然气资产的勘探、开发与生产运营业务，在离岸油气资源开发领域拥有成熟的项目运营经验与技术储备。
MATX vs TALO — 直观对比
营收规模更大
MATX
是对方的1.8倍
$472.3M
营收增速更快
MATX
高出3.6%
-7.9%
两年增速更快
MATX
近两年复合增速
-7.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $472.3M |
| 净利润 | $143.1M | — |
| 毛利率 | — | — |
| 营业利润率 | 16.9% | -25.3% |
| 净利率 | 16.8% | — |
| 营收同比 | -4.3% | -7.9% |
| 净利润同比 | 11.8% | — |
| 每股收益（稀释后） | $4.47 | — |
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MATXTALO
| Q1 26 | — | $472.3M | ||
| Q4 25 | $851.9M | $392.2M | ||
| Q3 25 | $880.1M | $450.1M | ||
| Q2 25 | $830.5M | $424.7M | ||
| Q1 25 | $782.0M | $513.1M | ||
| Q4 24 | $890.3M | $485.2M | ||
| Q3 24 | $962.0M | $509.3M | ||
| Q2 24 | $847.4M | $549.2M |
净利润MATXTALO
| Q1 26 | — | — | ||
| Q4 25 | $143.1M | $-202.6M | ||
| Q3 25 | $134.7M | $-95.9M | ||
| Q2 25 | $94.7M | $-185.9M | ||
| Q1 25 | $72.3M | $-9.9M | ||
| Q4 24 | $128.0M | $-64.5M | ||
| Q3 24 | $199.1M | $88.2M | ||
| Q2 24 | $113.2M | $12.4M |
营业利润率MATXTALO
| Q1 26 | — | -25.3% | ||
| Q4 25 | 16.9% | -62.2% | ||
| Q3 25 | 18.3% | -19.1% | ||
| Q2 25 | 13.6% | -64.4% | ||
| Q1 25 | 10.5% | 8.5% | ||
| Q4 24 | 16.6% | 5.6% | ||
| Q3 24 | 25.2% | 4.6% | ||
| Q2 24 | 14.7% | 9.9% |
净利率MATXTALO
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | -51.6% | ||
| Q3 25 | 15.3% | -21.3% | ||
| Q2 25 | 11.4% | -43.8% | ||
| Q1 25 | 9.2% | -1.9% | ||
| Q4 24 | 14.4% | -13.3% | ||
| Q3 24 | 20.7% | 17.3% | ||
| Q2 24 | 13.4% | 2.3% |
每股收益（稀释后）MATXTALO
| Q1 26 | — | — | ||
| Q4 25 | $4.47 | $-1.17 | ||
| Q3 25 | $4.24 | $-0.55 | ||
| Q2 25 | $2.92 | $-1.05 | ||
| Q1 25 | $2.18 | $-0.05 | ||
| Q4 24 | $3.69 | $-0.29 | ||
| Q3 24 | $5.89 | $0.49 | ||
| Q2 24 | $3.31 | $0.07 |
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 | $386.4M |
| 总债务越低越好 | $361.2M | $1.2B |
| 股东权益账面价值 | $2.8B | $1.9B |
| 总资产 | $4.6B | $5.3B |
| 负债/权益比越低杠杆越低 | 0.13× | 0.65× |
8季度趋势，按日历期对齐
现金及短期投资MATXTALO
| Q1 26 | — | $386.4M | ||
| Q4 25 | $141.9M | $362.8M | ||
| Q3 25 | $92.7M | $332.7M | ||
| Q2 25 | $59.1M | $357.3M | ||
| Q1 25 | $122.0M | $202.9M | ||
| Q4 24 | $266.8M | $108.2M | ||
| Q3 24 | $270.3M | $45.5M | ||
| Q2 24 | $168.2M | $37.8M |
总债务MATXTALO
| Q1 26 | — | $1.2B | ||
| Q4 25 | $361.2M | $1.2B | ||
| Q3 25 | $370.9M | $1.2B | ||
| Q2 25 | $341.3M | $1.2B | ||
| Q1 25 | $351.1M | $1.2B | ||
| Q4 24 | $361.2M | $1.2B | ||
| Q3 24 | $370.9M | $1.3B | ||
| Q2 24 | $381.0M | $1.4B |
股东权益MATXTALO
| Q1 26 | — | $1.9B | ||
| Q4 25 | $2.8B | $2.2B | ||
| Q3 25 | $2.7B | $2.4B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $2.6B | $2.7B | ||
| Q4 24 | $2.7B | $2.8B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.4B | $2.7B |
总资产MATXTALO
| Q1 26 | — | $5.3B | ||
| Q4 25 | $4.6B | $5.6B | ||
| Q3 25 | $4.6B | $5.7B | ||
| Q2 25 | $4.5B | $5.9B | ||
| Q1 25 | $4.5B | $6.1B | ||
| Q4 24 | $4.6B | $6.2B | ||
| Q3 24 | $4.4B | $6.4B | ||
| Q2 24 | $4.3B | $6.4B |
负债/权益比MATXTALO
| Q1 26 | — | 0.65× | ||
| Q4 25 | 0.13× | 0.57× | ||
| Q3 25 | 0.14× | 0.51× | ||
| Q2 25 | 0.13× | 0.49× | ||
| Q1 25 | 0.13× | 0.45× | ||
| Q4 24 | 0.14× | 0.44× | ||
| Q3 24 | 0.15× | 0.47× | ||
| Q2 24 | 0.16× | 0.53× |
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 | $174.0M |
| 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% | 25.2% |
| 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MATXTALO
| Q1 26 | — | $174.0M | ||
| Q4 25 | $176.9M | $201.8M | ||
| Q3 25 | $175.6M | $114.2M | ||
| Q2 25 | $105.6M | $351.6M | ||
| Q1 25 | $89.0M | $268.2M | ||
| Q4 24 | $174.7M | $349.3M | ||
| Q3 24 | $248.6M | $227.5M | ||
| Q2 24 | $307.9M | $289.4M |
自由现金流MATXTALO
| Q1 26 | — | — | ||
| 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 | — |
自由现金流率MATXTALO
| Q1 26 | — | — | ||
| 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% | — |
资本支出强度MATXTALO
| Q1 26 | — | 25.2% | ||
| 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% | — |
现金转化率MATXTALO
| Q1 26 | — | — | ||
| Q4 25 | 1.24× | — | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.12× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 1.36× | — | ||
| Q3 24 | 1.25× | 2.58× | ||
| Q2 24 | 2.72× | 23.37× |
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% |
TALO
| Oil | $408.0M | 86% |
| Natural gas | $52.9M | 11% |
| NGL | $11.4M | 2% |
