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MUELLER INDUSTRIES INC（MLI）与Reddit, Inc.（RDDT）财务数据对比。点击上方公司名可切换其他公司
MUELLER INDUSTRIES INC的季度营收约是Reddit, Inc.的1.3倍（$962.4M vs $725.6M），Reddit, Inc.净利率更高（34.7% vs 16.0%，领先18.7%），Reddit, Inc.同比增速更快（69.7% vs 4.2%），Reddit, Inc.自由现金流更多（$263.6M vs $121.4M），过去两年Reddit, Inc.的营收复合增速更高（72.8% vs 6.4%）
Mueller Industries是美国知名工业制造企业，1917年正式成立，总部坐落于美国田纳西州孟菲斯市，主营管道产品、工业金属及暖通制冷设备，2022年入选《财富》1000强榜单，是年营收达数十亿美元的公开上市企业。
Reddit是美国知名的社交新闻聚合与论坛类社交媒体平台，注册用户可发布链接、文字帖、图片、视频等各类内容，其他用户可对内容进行点赞或点踩，内容按主题归类到用户创建的子板块中，获赞更高的内容会排在板块前列，热度足够的内容还将展示在全站首页。
MLI vs RDDT — 直观对比
营收规模更大
MLI
是对方的1.3倍
$725.6M
营收增速更快
RDDT
高出65.4%
4.2%
净利率更高
RDDT
高出18.7%
16.0%
自由现金流更多
RDDT
多$142.3M
$121.4M
两年增速更快
RDDT
近两年复合增速
6.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $962.4M | $725.6M |
| 净利润 | $153.7M | $251.6M |
| 毛利率 | — | 91.9% |
| 营业利润率 | 17.9% | 31.9% |
| 净利率 | 16.0% | 34.7% |
| 营收同比 | 4.2% | 69.7% |
| 净利润同比 | 11.7% | 254.2% |
| 每股收益（稀释后） | $1.37 | $1.24 |
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MLIRDDT
| Q4 25 | $962.4M | $725.6M | ||
| Q3 25 | $1.1B | $584.9M | ||
| Q2 25 | $1.1B | $499.6M | ||
| Q1 25 | $1.0B | $392.4M | ||
| Q4 24 | $923.5M | $427.7M | ||
| Q3 24 | $997.8M | $348.4M | ||
| Q2 24 | $997.7M | $281.2M | ||
| Q1 24 | $849.7M | $243.0M |
净利润MLIRDDT
| Q4 25 | $153.7M | $251.6M | ||
| Q3 25 | $208.1M | $162.7M | ||
| Q2 25 | $245.9M | $89.3M | ||
| Q1 25 | $157.4M | $26.2M | ||
| Q4 24 | $137.7M | $71.0M | ||
| Q3 24 | $168.7M | $29.9M | ||
| Q2 24 | $160.2M | $-10.1M | ||
| Q1 24 | $138.4M | $-575.1M |
毛利率MLIRDDT
| Q4 25 | — | 91.9% | ||
| Q3 25 | — | 91.0% | ||
| Q2 25 | — | 90.8% | ||
| Q1 25 | — | 90.5% | ||
| Q4 24 | — | 92.6% | ||
| Q3 24 | 27.6% | 90.1% | ||
| Q2 24 | 27.3% | 89.5% | ||
| Q1 24 | 28.4% | 88.6% |
营业利润率MLIRDDT
| Q4 25 | 17.9% | 31.9% | ||
| Q3 25 | 25.6% | 23.7% | ||
| Q2 25 | 26.7% | 13.6% | ||
| Q1 25 | 20.6% | 1.0% | ||
| Q4 24 | 18.4% | 12.4% | ||
| Q3 24 | 20.7% | 2.0% | ||
| Q2 24 | 21.0% | -11.0% | ||
| Q1 24 | 21.6% | -242.5% |
净利率MLIRDDT
| Q4 25 | 16.0% | 34.7% | ||
| Q3 25 | 19.3% | 27.8% | ||
| Q2 25 | 21.6% | 17.9% | ||
| Q1 25 | 15.7% | 6.7% | ||
| Q4 24 | 14.9% | 16.6% | ||
| Q3 24 | 16.9% | 8.6% | ||
| Q2 24 | 16.1% | -3.6% | ||
| Q1 24 | 16.3% | -236.7% |
每股收益（稀释后）MLIRDDT
| Q4 25 | $1.37 | $1.24 | ||
| Q3 25 | $1.88 | $0.80 | ||
| Q2 25 | $2.22 | $0.45 | ||
| Q1 25 | $1.39 | $0.13 | ||
| Q4 24 | $1.21 | $4.76 | ||
| Q3 24 | $1.48 | $0.16 | ||
| Q2 24 | $1.41 | $-0.06 | ||
| Q1 24 | $1.21 | $-8.19 |
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 | $1.4B | $953.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.2B | $2.9B |
| 总资产 | $3.7B | $3.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MLIRDDT
| Q4 25 | $1.4B | $953.6M | ||
| Q3 25 | $1.3B | $911.7M | ||
| Q2 25 | $1.1B | $734.1M | ||
| Q1 25 | $873.6M | $635.7M | ||
| Q4 24 | $1.1B | $562.1M | ||
| Q3 24 | $969.6M | $515.9M | ||
| Q2 24 | $825.7M | $468.0M | ||
| Q1 24 | $1.4B | $968.5M |
股东权益MLIRDDT
| Q4 25 | $3.2B | $2.9B | ||
| Q3 25 | $3.1B | $2.6B | ||
| Q2 25 | $2.9B | $2.4B | ||
| Q1 25 | $2.7B | $2.2B | ||
| Q4 24 | $2.8B | $2.1B | ||
| Q3 24 | $2.7B | $2.0B | ||
| Q2 24 | $2.5B | $1.9B | ||
| Q1 24 | $2.4B | $1.8B |
总资产MLIRDDT
| Q4 25 | $3.7B | $3.2B | ||
| Q3 25 | $3.7B | $2.9B | ||
| Q2 25 | $3.5B | $2.6B | ||
| Q1 25 | $3.2B | $2.4B | ||
| Q4 24 | $3.3B | $2.3B | ||
| Q3 24 | $3.2B | $2.2B | ||
| Q2 24 | $3.1B | $2.1B | ||
| Q1 24 | $2.9B | $2.0B |
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 | $141.2M | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $121.4M | $263.6M |
| 自由现金流率自由现金流/营收 | 12.6% | 36.3% |
| 资本支出强度资本支出/营收 | 2.1% | 0.4% |
| 现金转化率经营现金流/净利润 | 0.92× | 1.06× |
| 过去12个月自由现金流最近4个季度 | $686.6M | $684.2M |
8季度趋势，按日历期对齐
经营现金流MLIRDDT
| Q4 25 | $141.2M | $266.8M | ||
| Q3 25 | $310.1M | $185.2M | ||
| Q2 25 | $190.6M | $111.3M | ||
| Q1 25 | $113.6M | $127.6M | ||
| Q4 24 | $140.1M | $90.0M | ||
| Q3 24 | $231.4M | $71.6M | ||
| Q2 24 | $100.8M | $28.4M | ||
| Q1 24 | $173.6M | $32.1M |
自由现金流MLIRDDT
| Q4 25 | $121.4M | $263.6M | ||
| Q3 25 | $291.8M | $183.1M | ||
| Q2 25 | $176.5M | $110.8M | ||
| Q1 25 | $97.0M | $126.6M | ||
| Q4 24 | $111.2M | $89.2M | ||
| Q3 24 | $205.7M | $70.3M | ||
| Q2 24 | $91.6M | $27.2M | ||
| Q1 24 | $157.2M | $29.2M |
自由现金流率MLIRDDT
| Q4 25 | 12.6% | 36.3% | ||
| Q3 25 | 27.1% | 31.3% | ||
| Q2 25 | 15.5% | 22.2% | ||
| Q1 25 | 9.7% | 32.3% | ||
| Q4 24 | 12.0% | 20.8% | ||
| Q3 24 | 20.6% | 20.2% | ||
| Q2 24 | 9.2% | 9.7% | ||
| Q1 24 | 18.5% | 12.0% |
资本支出强度MLIRDDT
| Q4 25 | 2.1% | 0.4% | ||
| Q3 25 | 1.7% | 0.4% | ||
| Q2 25 | 1.2% | 0.1% | ||
| Q1 25 | 1.7% | 0.2% | ||
| Q4 24 | 3.1% | 0.2% | ||
| Q3 24 | 2.6% | 0.4% | ||
| Q2 24 | 0.9% | 0.4% | ||
| Q1 24 | 1.9% | 1.2% |
现金转化率MLIRDDT
| Q4 25 | 0.92× | 1.06× | ||
| Q3 25 | 1.49× | 1.14× | ||
| Q2 25 | 0.78× | 1.25× | ||
| Q1 25 | 0.72× | 4.88× | ||
| Q4 24 | 1.02× | 1.27× | ||
| Q3 24 | 1.37× | 2.40× | ||
| Q2 24 | 0.63× | — | ||
| Q1 24 | 1.25× | — |
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
MLI
| Tube And Fittings | $484.6M | 50% |
| Industrial Metals | $252.2M | 26% |
| Valves And Plumbing Specialties | $122.5M | 13% |
| Flex Duct And Other HVAC Components | $80.8M | 8% |
| Other Products | $14.9M | 2% |
RDDT
| Advertising | $689.7M | 95% |
| Other Revenue | $35.9M | 5% |
