vs
Mechanics Bancorp（MCHB）与Trade Desk (The)（TTD）财务数据对比。点击上方公司名可切换其他公司
Trade Desk (The)的季度营收约是Mechanics Bancorp的1.8倍（$846.8M vs $458.8M），Trade Desk (The)自由现金流更多（$285.3M vs $187.1M），过去两年Mechanics Bancorp的营收复合增速更高（232.1% vs 31.3%）
Mechanics Bancorp是总部位于美国的银行控股公司，核心子公司为Mechanics Bank，提供零售银行、商业银行及财富管理类服务，覆盖储蓄账户、各类贷款、投资咨询等业务，主要服务加利福尼亚州的个人消费者及中小型企业客户。
The Trade Desk是来自美国的跨国科技企业，专注于实时程序化营销自动化领域的技术、产品与服务研发，可实现面向用户的个性化数字内容分发，为全球广告营销行业客户提供专业解决方案。
MCHB vs TTD — 直观对比
营收规模更大
TTD
是对方的1.8倍
$458.8M
自由现金流更多
TTD
多$98.2M
$187.1M
两年增速更快
MCHB
近两年复合增速
31.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $458.8M | $846.8M |
| 净利润 | — | $186.9M |
| 毛利率 | — | 80.7% |
| 营业利润率 | — | 30.3% |
| 净利率 | — | 22.1% |
| 营收同比 | — | 14.3% |
| 净利润同比 | — | 2.6% |
| 每股收益（稀释后） | — | $0.39 |
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MCHBTTD
| Q4 25 | $458.8M | $846.8M | ||
| Q3 25 | $255.4M | $739.4M | ||
| Q2 25 | $49.0M | $694.0M | ||
| Q1 25 | $45.4M | $616.0M | ||
| Q4 24 | $29.6M | $741.0M | ||
| Q3 24 | $147.9M | $628.0M | ||
| Q2 24 | $42.9M | $584.5M | ||
| Q1 24 | $41.6M | $491.3M |
净利润MCHBTTD
| Q4 25 | — | $186.9M | ||
| Q3 25 | $55.2M | $115.5M | ||
| Q2 25 | $-4.4M | $90.1M | ||
| Q1 25 | $-4.5M | $50.7M | ||
| Q4 24 | $-123.3M | $182.2M | ||
| Q3 24 | $39.9M | $94.2M | ||
| Q2 24 | $-6.2M | $85.0M | ||
| Q1 24 | $-7.5M | $31.7M |
毛利率MCHBTTD
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% | ||
| Q1 24 | — | 78.9% |
营业利润率MCHBTTD
| Q4 25 | — | 30.3% | ||
| Q3 25 | 17.7% | 21.8% | ||
| Q2 25 | -9.8% | 16.8% | ||
| Q1 25 | -10.5% | 8.8% | ||
| Q4 24 | -312.2% | 26.4% | ||
| Q3 24 | 37.5% | 17.3% | ||
| Q2 24 | -18.6% | 16.2% | ||
| Q1 24 | -25.4% | 5.8% |
净利率MCHBTTD
| Q4 25 | — | 22.1% | ||
| Q3 25 | 21.6% | 15.6% | ||
| Q2 25 | -9.0% | 13.0% | ||
| Q1 25 | -9.8% | 8.2% | ||
| Q4 24 | -416.4% | 24.6% | ||
| Q3 24 | 27.0% | 15.0% | ||
| Q2 24 | -14.5% | 14.5% | ||
| Q1 24 | -18.0% | 6.4% |
每股收益（稀释后）MCHBTTD
| Q4 25 | — | $0.39 | ||
| Q3 25 | $0.26 | $0.23 | ||
| Q2 25 | $-0.23 | $0.18 | ||
| Q1 25 | $-0.24 | $0.10 | ||
| Q4 24 | $-6.53 | $0.36 | ||
| Q3 24 | $0.20 | $0.19 | ||
| Q2 24 | $-0.33 | $0.17 | ||
| Q1 24 | $-0.40 | $0.06 |
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 | $1.0B | $1.3B |
| 总债务越低越好 | $192.0M | — |
| 股东权益账面价值 | $2.9B | $2.5B |
| 总资产 | $22.4B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.07× | — |
8季度趋势，按日历期对齐
现金及短期投资MCHBTTD
| Q4 25 | $1.0B | $1.3B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | $201.1M | $1.7B | ||
| Q1 25 | $252.2M | $1.7B | ||
| Q4 24 | $999.7M | $1.9B | ||
| Q3 24 | $205.9M | $1.7B | ||
| Q2 24 | $218.7M | $1.5B | ||
| Q1 24 | $320.3M | $1.4B |
总债务MCHBTTD
| Q4 25 | $192.0M | — | ||
| Q3 25 | $190.1M | — | ||
| Q2 25 | $225.3M | — | ||
| Q1 25 | $225.2M | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $0 | — | ||
| Q2 24 | $224.9M | — | ||
| Q1 24 | $224.9M | — |
股东权益MCHBTTD
| Q4 25 | $2.9B | $2.5B | ||
| Q3 25 | $2.8B | $2.6B | ||
| Q2 25 | $2.4B | $2.7B | ||
| Q1 25 | $400.8M | $2.7B | ||
| Q4 24 | $2.3B | $2.9B | ||
| Q3 24 | $2.3B | $2.6B | ||
| Q2 24 | $2.2B | $2.4B | ||
| Q1 24 | $527.3M | $2.2B |
总资产MCHBTTD
| Q4 25 | $22.4B | $6.2B | ||
| Q3 25 | $22.7B | $5.9B | ||
| Q2 25 | $7.6B | $6.0B | ||
| Q1 25 | $7.8B | $5.7B | ||
| Q4 24 | $16.5B | $6.1B | ||
| Q3 24 | $9.2B | $5.5B | ||
| Q2 24 | $9.3B | $5.2B | ||
| Q1 24 | $9.5B | $4.7B |
负债/权益比MCHBTTD
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.09× | — | ||
| Q1 25 | 0.56× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 24 | 0.10× | — | ||
| Q1 24 | 0.43× | — |
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 | $193.6M | $311.6M |
| 自由现金流经营现金流 - 资本支出 | $187.1M | $285.3M |
| 自由现金流率自由现金流/营收 | 40.8% | 33.7% |
| 资本支出强度资本支出/营收 | 1.4% | 3.1% |
| 现金转化率经营现金流/净利润 | — | 1.67× |
| 过去12个月自由现金流最近4个季度 | $263.7M | $795.7M |
8季度趋势，按日历期对齐
经营现金流MCHBTTD
| Q4 25 | $193.6M | $311.6M | ||
| Q3 25 | $112.0M | $224.7M | ||
| Q2 25 | $-9.8M | $165.0M | ||
| Q1 25 | $-22.5M | $291.4M | ||
| Q4 24 | $292.3M | $199.4M | ||
| Q3 24 | $247.0M | $273.3M | ||
| Q2 24 | $-21.8M | $81.3M | ||
| Q1 24 | $-7.8M | $185.5M |
自由现金流MCHBTTD
| Q4 25 | $187.1M | $285.3M | ||
| Q3 25 | $109.1M | $158.3M | ||
| Q2 25 | $-9.9M | $119.8M | ||
| Q1 25 | $-22.6M | $232.3M | ||
| Q4 24 | $285.9M | $179.2M | ||
| Q3 24 | $244.5M | $224.6M | ||
| Q2 24 | $-22.0M | $59.1M | ||
| Q1 24 | $-13.9M | $178.2M |
自由现金流率MCHBTTD
| Q4 25 | 40.8% | 33.7% | ||
| Q3 25 | 42.7% | 21.4% | ||
| Q2 25 | -20.2% | 17.3% | ||
| Q1 25 | -49.7% | 37.7% | ||
| Q4 24 | 965.3% | 24.2% | ||
| Q3 24 | 165.4% | 35.8% | ||
| Q2 24 | -51.3% | 10.1% | ||
| Q1 24 | -33.4% | 36.3% |
资本支出强度MCHBTTD
| Q4 25 | 1.4% | 3.1% | ||
| Q3 25 | 1.1% | 9.0% | ||
| Q2 25 | 0.2% | 6.5% | ||
| Q1 25 | 0.1% | 9.6% | ||
| Q4 24 | 21.5% | 2.7% | ||
| Q3 24 | 1.7% | 7.8% | ||
| Q2 24 | 0.7% | 3.8% | ||
| Q1 24 | 14.6% | 1.5% |
现金转化率MCHBTTD
| Q4 25 | — | 1.67× | ||
| Q3 25 | 2.03× | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 6.18× | 2.90× | ||
| Q2 24 | — | 0.96× | ||
| Q1 24 | — | 5.86× |
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
MCHB
暂无分部数据
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
