vs
美森（MATX）与泰瑞达（TER）财务数据对比。点击上方公司名可切换其他公司
泰瑞达的季度营收约是美森的1.5倍（$1.3B vs $851.9M），泰瑞达净利率更高（31.1% vs 16.8%，领先14.3%），泰瑞达同比增速更快（87.0% vs -4.3%），过去两年泰瑞达的营收复合增速更高（32.6% 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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
MATX vs TER — 直观对比
营收规模更大
TER
是对方的1.5倍
$851.9M
营收增速更快
TER
高出91.3%
-4.3%
净利率更高
TER
高出14.3%
16.8%
两年增速更快
TER
近两年复合增速
8.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $851.9M | $1.3B |
| 净利润 | $143.1M | $398.9M |
| 毛利率 | — | 60.9% |
| 营业利润率 | 16.9% | 36.9% |
| 净利率 | 16.8% | 31.1% |
| 营收同比 | -4.3% | 87.0% |
| 净利润同比 | 11.8% | — |
| 每股收益（稀释后） | $4.47 | $2.53 |
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MATXTER
| Q1 26 | — | $1.3B | ||
| Q4 25 | $851.9M | $1.1B | ||
| Q3 25 | $880.1M | $769.2M | ||
| Q2 25 | $830.5M | $651.8M | ||
| Q1 25 | $782.0M | $685.7M | ||
| Q4 24 | $890.3M | $752.9M | ||
| Q3 24 | $962.0M | $737.3M | ||
| Q2 24 | $847.4M | $729.9M |
净利润MATXTER
| Q1 26 | — | $398.9M | ||
| Q4 25 | $143.1M | $257.2M | ||
| Q3 25 | $134.7M | $119.6M | ||
| Q2 25 | $94.7M | $78.4M | ||
| Q1 25 | $72.3M | $98.9M | ||
| Q4 24 | $128.0M | $146.3M | ||
| Q3 24 | $199.1M | $145.6M | ||
| Q2 24 | $113.2M | $186.3M |
毛利率MATXTER
| Q1 26 | — | 60.9% | ||
| Q4 25 | — | 57.2% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 57.2% | ||
| Q1 25 | — | 60.6% | ||
| Q4 24 | — | 59.4% | ||
| Q3 24 | — | 59.2% | ||
| Q2 24 | — | 58.3% |
营业利润率MATXTER
| Q1 26 | — | 36.9% | ||
| Q4 25 | 16.9% | 27.1% | ||
| Q3 25 | 18.3% | 18.9% | ||
| Q2 25 | 13.6% | 13.9% | ||
| Q1 25 | 10.5% | 17.6% | ||
| Q4 24 | 16.6% | 20.4% | ||
| Q3 24 | 25.2% | 20.6% | ||
| Q2 24 | 14.7% | 28.8% |
净利率MATXTER
| Q1 26 | — | 31.1% | ||
| Q4 25 | 16.8% | 23.7% | ||
| Q3 25 | 15.3% | 15.5% | ||
| Q2 25 | 11.4% | 12.0% | ||
| Q1 25 | 9.2% | 14.4% | ||
| Q4 24 | 14.4% | 19.4% | ||
| Q3 24 | 20.7% | 19.8% | ||
| Q2 24 | 13.4% | 25.5% |
每股收益（稀释后）MATXTER
| Q1 26 | — | $2.53 | ||
| Q4 25 | $4.47 | $1.62 | ||
| Q3 25 | $4.24 | $0.75 | ||
| Q2 25 | $2.92 | $0.49 | ||
| Q1 25 | $2.18 | $0.61 | ||
| Q4 24 | $3.69 | $0.89 | ||
| Q3 24 | $5.89 | $0.89 | ||
| Q2 24 | $3.31 | $1.14 |
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 | $241.9M |
| 总债务越低越好 | $361.2M | $0 |
| 股东权益账面价值 | $2.8B | — |
| 总资产 | $4.6B | $4.4B |
| 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MATXTER
| Q1 26 | — | $241.9M | ||
| Q4 25 | $141.9M | $293.8M | ||
| Q3 25 | $92.7M | $272.7M | ||
| Q2 25 | $59.1M | $339.3M | ||
| Q1 25 | $122.0M | $475.6M | ||
| Q4 24 | $266.8M | $553.4M | ||
| Q3 24 | $270.3M | $510.0M | ||
| Q2 24 | $168.2M | $421.9M |
总债务MATXTER
| Q1 26 | — | $0 | ||
| 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 | — |
股东权益MATXTER
| Q1 26 | — | — | ||
| Q4 25 | $2.8B | $2.8B | ||
| Q3 25 | $2.7B | $2.7B | ||
| Q2 25 | $2.6B | $2.8B | ||
| Q1 25 | $2.6B | $2.8B | ||
| Q4 24 | $2.7B | $2.8B | ||
| Q3 24 | $2.6B | $2.9B | ||
| Q2 24 | $2.4B | $2.7B |
总资产MATXTER
| Q1 26 | — | $4.4B | ||
| Q4 25 | $4.6B | $4.2B | ||
| Q3 25 | $4.6B | $4.0B | ||
| Q2 25 | $4.5B | $3.8B | ||
| Q1 25 | $4.5B | $3.7B | ||
| Q4 24 | $4.6B | $3.7B | ||
| Q3 24 | $4.4B | $3.8B | ||
| Q2 24 | $4.3B | $3.6B |
负债/权益比MATXTER
| Q1 26 | — | — | ||
| 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× | — |
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 | $265.1M |
| 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× | 0.66× |
| 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MATXTER
| Q1 26 | — | $265.1M | ||
| Q4 25 | $176.9M | $281.6M | ||
| Q3 25 | $175.6M | $49.0M | ||
| Q2 25 | $105.6M | $182.1M | ||
| Q1 25 | $89.0M | $161.6M | ||
| Q4 24 | $174.7M | $282.6M | ||
| Q3 24 | $248.6M | $166.3M | ||
| Q2 24 | $307.9M | $216.1M |
自由现金流MATXTER
| Q1 26 | — | — | ||
| Q4 25 | $42.2M | $218.8M | ||
| Q3 25 | $92.4M | $2.4M | ||
| Q2 25 | $19.3M | $131.7M | ||
| Q1 25 | $-200.0K | $97.6M | ||
| Q4 24 | $49.3M | $225.2M | ||
| Q3 24 | $189.0M | $114.4M | ||
| Q2 24 | $238.1M | $171.2M |
自由现金流率MATXTER
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | 20.2% | ||
| Q3 25 | 10.5% | 0.3% | ||
| Q2 25 | 2.3% | 20.2% | ||
| Q1 25 | -0.0% | 14.2% | ||
| Q4 24 | 5.5% | 29.9% | ||
| Q3 24 | 19.6% | 15.5% | ||
| Q2 24 | 28.1% | 23.5% |
资本支出强度MATXTER
| Q1 26 | — | — | ||
| Q4 25 | 15.8% | 5.8% | ||
| Q3 25 | 9.5% | 6.1% | ||
| Q2 25 | 10.4% | 7.7% | ||
| Q1 25 | 11.4% | 9.3% | ||
| Q4 24 | 14.1% | 7.6% | ||
| Q3 24 | 6.2% | 7.0% | ||
| Q2 24 | 8.2% | 6.1% |
现金转化率MATXTER
| Q1 26 | — | 0.66× | ||
| Q4 25 | 1.24× | 1.09× | ||
| Q3 25 | 1.30× | 0.41× | ||
| Q2 25 | 1.12× | 2.32× | ||
| Q1 25 | 1.23× | 1.63× | ||
| Q4 24 | 1.36× | 1.93× | ||
| Q3 24 | 1.25× | 1.14× | ||
| Q2 24 | 2.72× | 1.16× |
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% |
TER
暂无分部数据
