vs
MUELLER INDUSTRIES INC（MLI）与Rithm Capital Corp.（RITM）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Rithm Capital Corp.的1.2倍（$962.4M vs $828.2M），MUELLER INDUSTRIES INC净利率更高（16.0% vs 13.2%，领先2.8%），Rithm Capital Corp.同比增速更快（508.5% vs 4.2%），过去两年MUELLER INDUSTRIES INC的营收复合增速更高（6.4% vs -17.9%）
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。
Rithm Capital Corp.是总部位于美国纽约的投资管理机构，核心业务聚焦房地产投资与另类资产投资，依托专业的投研团队和成熟的市场运营经验，为合作伙伴及投资者提供优质的资产配置解决方案与长期收益回报。
MLI vs RITM — 直观对比
营收规模更大
MLI
是对方的1.2倍
$828.2M
营收增速更快
RITM
高出504.3%
4.2%
净利率更高
MLI
高出2.8%
13.2%
两年增速更快
MLI
近两年复合增速
-17.9%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $962.4M | $828.2M |
| 净利润 | $153.7M | $109.5M |
| 毛利率 | — | — |
| 营业利润率 | 17.9% | 29.9% |
| 净利率 | 16.0% | 13.2% |
| 营收同比 | 4.2% | 508.5% |
| 净利润同比 | 11.7% | 27.7% |
| 每股收益（稀释后） | $1.37 | $0.12 |
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MLIRITM
| Q1 26 | — | $828.2M | ||
| Q4 25 | $962.4M | $1.5B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.0B | $768.4M | ||
| Q4 24 | $923.5M | $2.1B | ||
| Q3 24 | $997.8M | $619.5M | ||
| Q2 24 | $997.7M | $1.2B |
净利润MLIRITM
| Q1 26 | — | $109.5M | ||
| Q4 25 | $153.7M | $85.0M | ||
| Q3 25 | $208.1M | $221.5M | ||
| Q2 25 | $245.9M | $311.7M | ||
| Q1 25 | $157.4M | $78.8M | ||
| Q4 24 | $137.7M | $290.2M | ||
| Q3 24 | $168.7M | $121.7M | ||
| Q2 24 | $160.2M | $235.6M |
毛利率MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 27.6% | — | ||
| Q2 24 | 27.3% | — |
营业利润率MLIRITM
| Q1 26 | — | 29.9% | ||
| Q4 25 | 17.9% | 13.8% | ||
| Q3 25 | 25.6% | 21.4% | ||
| Q2 25 | 26.7% | 25.2% | ||
| Q1 25 | 20.6% | 7.4% | ||
| Q4 24 | 18.4% | 23.8% | ||
| Q3 24 | 20.7% | 7.3% | ||
| Q2 24 | 21.0% | 23.6% |
净利率MLIRITM
| Q1 26 | — | 13.2% | ||
| Q4 25 | 16.0% | 5.7% | ||
| Q3 25 | 19.3% | 20.0% | ||
| Q2 25 | 21.6% | 25.6% | ||
| Q1 25 | 15.7% | 10.3% | ||
| Q4 24 | 14.9% | 14.0% | ||
| Q3 24 | 16.9% | 19.7% | ||
| Q2 24 | 16.1% | 19.2% |
每股收益（稀释后）MLIRITM
| Q1 26 | — | $0.12 | ||
| Q4 25 | $1.37 | $0.09 | ||
| Q3 25 | $1.88 | $0.35 | ||
| Q2 25 | $2.22 | $0.53 | ||
| Q1 25 | $1.39 | $0.07 | ||
| Q4 24 | $1.21 | $0.50 | ||
| Q3 24 | $1.48 | $0.20 | ||
| Q2 24 | $1.41 | $0.43 |
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 | — |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.2B | $9.1B |
| 总资产 | $3.7B | $53.4B |
| 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MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.3B | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $873.6M | $1.5B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $969.6M | $1.6B | ||
| Q2 24 | $825.7M | $1.2B |
总债务MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | $35.4B | ||
| Q3 25 | — | $32.2B | ||
| Q2 25 | — | $31.2B | ||
| Q1 25 | — | $32.2B | ||
| Q4 24 | — | $32.6B | ||
| Q3 24 | — | $29.6B | ||
| Q2 24 | — | $30.1B |
股东权益MLIRITM
| Q1 26 | — | $9.1B | ||
| Q4 25 | $3.2B | $8.4B | ||
| Q3 25 | $3.1B | $8.5B | ||
| Q2 25 | $2.9B | $7.9B | ||
| Q1 25 | $2.7B | $7.8B | ||
| Q4 24 | $2.8B | $7.8B | ||
| Q3 24 | $2.7B | $7.7B | ||
| Q2 24 | $2.5B | $7.3B |
总资产MLIRITM
| Q1 26 | — | $53.4B | ||
| Q4 25 | $3.7B | $53.1B | ||
| Q3 25 | $3.7B | $47.2B | ||
| Q2 25 | $3.5B | $44.3B | ||
| Q1 25 | $3.2B | $45.3B | ||
| Q4 24 | $3.3B | $46.0B | ||
| Q3 24 | $3.2B | $42.3B | ||
| Q2 24 | $3.1B | $42.0B |
负债/权益比MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | — | 4.20× | ||
| Q3 25 | — | 3.79× | ||
| Q2 25 | — | 3.92× | ||
| Q1 25 | — | 4.14× | ||
| Q4 24 | — | 4.18× | ||
| Q3 24 | — | 3.87× | ||
| Q2 24 | — | 4.10× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $121.4M | — |
| 自由现金流率自由现金流/营收 | 12.6% | — |
| 资本支出强度资本支出/营收 | 2.1% | — |
| 现金转化率经营现金流/净利润 | 0.92× | — |
| 过去12个月自由现金流最近4个季度 | $686.6M | — |
8季度趋势，按日历期对齐
经营现金流MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | $141.2M | $-114.6M | ||
| Q3 25 | $310.1M | $-2.0B | ||
| Q2 25 | $190.6M | $-557.1M | ||
| Q1 25 | $113.6M | $1.4B | ||
| Q4 24 | $140.1M | $-1.8B | ||
| Q3 24 | $231.4M | $768.1M | ||
| Q2 24 | $100.8M | $-55.7M |
自由现金流MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | $121.4M | — | ||
| Q3 25 | $291.8M | — | ||
| Q2 25 | $176.5M | — | ||
| Q1 25 | $97.0M | — | ||
| Q4 24 | $111.2M | — | ||
| Q3 24 | $205.7M | — | ||
| Q2 24 | $91.6M | — |
自由现金流率MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | 12.6% | — | ||
| Q3 25 | 27.1% | — | ||
| Q2 25 | 15.5% | — | ||
| Q1 25 | 9.7% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 20.6% | — | ||
| Q2 24 | 9.2% | — |
资本支出强度MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | 2.1% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 0.9% | — |
现金转化率MLIRITM
| Q1 26 | — | — | ||
| Q4 25 | 0.92× | -1.35× | ||
| Q3 25 | 1.49× | -9.22× | ||
| Q2 25 | 0.78× | -1.79× | ||
| Q1 25 | 0.72× | 18.03× | ||
| Q4 24 | 1.02× | -6.04× | ||
| Q3 24 | 1.37× | 6.31× | ||
| Q2 24 | 0.63× | -0.24× |
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% |
RITM
| Servicing revenue, net | $375.1M | 45% |
| Other | $234.9M | 28% |
| Gain on originated residential mortgage loans, held-for-sale, net | $195.0M | 24% |
| Other revenue | $23.3M | 3% |
