vs
Martin Marietta Materials（MLM）与QVC Group, Inc.（QVCGA）财务数据对比。点击上方公司名可切换其他公司
QVC Group, Inc.的季度营收约是Martin Marietta Materials的2.0倍（$2.7B vs $1.4B），Martin Marietta Materials净利率更高（111.1% vs -1.4%，领先112.5%），Martin Marietta Materials同比增速更快（17.0% vs -9.1%），过去两年QVC Group, Inc.的营收复合增速更高（6.9% vs -12.1%）
马丁·玛丽埃塔材料公司是美国大型集料及重型建筑材料供应商，业务覆盖美国26个州、加拿大及加勒比地区，主要为道路、人行道、地基等各类基建项目提供所需原材料。
QVC集团是一家美国媒体 conglomerate 企业，由董事长约翰·C·马龙控制，马龙持有该公司多数具有投票权的股份，主营媒体相关业务，是美国本土颇具影响力的传媒集团。
MLM vs QVCGA — 直观对比
营收规模更大
QVCGA
是对方的2.0倍
$1.4B
营收增速更快
MLM
高出26.1%
-9.1%
净利率更高
MLM
高出112.5%
-1.4%
两年增速更快
QVCGA
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.7B |
| 净利润 | $1.5B | $-37.0M |
| 毛利率 | 22.8% | 32.9% |
| 营业利润率 | 11.9% | 3.7% |
| 净利率 | 111.1% | -1.4% |
| 营收同比 | 17.0% | -9.1% |
| 净利润同比 | — | 97.1% |
| 每股收益（稀释后） | — | $-17.37 |
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MLMQVCGA
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.1B | $2.7B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.6B | $2.9B | ||
| Q3 24 | $1.9B | $2.3B | ||
| Q2 24 | $1.8B | $2.4B |
净利润MLMQVCGA
| Q1 26 | $1.5B | — | ||
| Q4 25 | $279.0M | $-37.0M | ||
| Q3 25 | $414.0M | $-80.0M | ||
| Q2 25 | $328.0M | $-2.2B | ||
| Q1 25 | $116.0M | $-100.0M | ||
| Q4 24 | $293.0M | $-1.3B | ||
| Q3 24 | $363.0M | $-23.0M | ||
| Q2 24 | $294.0M | $20.0M |
毛利率MLMQVCGA
| Q1 26 | 22.8% | — | ||
| Q4 25 | 35.0% | 32.9% | ||
| Q3 25 | 33.1% | 34.0% | ||
| Q2 25 | 30.0% | 36.4% | ||
| Q1 25 | 24.8% | 34.2% | ||
| Q4 24 | 30.0% | 33.3% | ||
| Q3 24 | 31.7% | 35.3% | ||
| Q2 24 | 29.3% | 36.4% |
营业利润率MLMQVCGA
| Q1 26 | 11.9% | — | ||
| Q4 25 | 24.6% | 3.7% | ||
| Q3 25 | 27.4% | 2.7% | ||
| Q2 25 | 25.3% | -101.6% | ||
| Q1 25 | 14.3% | 0.7% | ||
| Q4 24 | 24.4% | -43.2% | ||
| Q3 24 | 25.9% | 6.5% | ||
| Q2 24 | 22.6% | 6.9% |
净利率MLMQVCGA
| Q1 26 | 111.1% | — | ||
| Q4 25 | 24.5% | -1.4% | ||
| Q3 25 | 22.4% | -3.6% | ||
| Q2 25 | 18.1% | -99.4% | ||
| Q1 25 | 8.6% | -4.8% | ||
| Q4 24 | 18.0% | -43.7% | ||
| Q3 24 | 19.2% | -1.0% | ||
| Q2 24 | 16.7% | 0.8% |
每股收益（稀释后）MLMQVCGA
| Q1 26 | — | — | ||
| Q4 25 | $4.59 | $-17.37 | ||
| Q3 25 | $6.85 | $-9.89 | ||
| Q2 25 | $5.43 | $-275.46 | ||
| Q1 25 | $1.90 | $-0.25 | ||
| Q4 24 | $4.87 | — | ||
| Q3 24 | $5.91 | $-0.06 | ||
| Q2 24 | $4.76 | $2.57 |
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 | $273.0M | $2.0B |
| 总债务越低越好 | $0 | $790.0M |
| 股东权益账面价值 | $11.3B | $-3.1B |
| 总资产 | $20.5B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.00× | — |
8季度趋势，按日历期对齐
现金及短期投资MLMQVCGA
| Q1 26 | $273.0M | — | ||
| Q4 25 | $67.0M | $2.0B | ||
| Q3 25 | $57.0M | $1.8B | ||
| Q2 25 | $225.0M | $897.0M | ||
| Q1 25 | $101.0M | $833.0M | ||
| Q4 24 | $670.0M | $905.0M | ||
| Q3 24 | $52.0M | $873.0M | ||
| Q2 24 | $109.0M | $1.2B |
总债务MLMQVCGA
| Q1 26 | $0 | — | ||
| Q4 25 | $5.3B | $790.0M | ||
| Q3 25 | $5.5B | $5.9B | ||
| Q2 25 | $5.4B | $4.9B | ||
| Q1 25 | $5.4B | $5.0B | ||
| Q4 24 | $5.4B | $4.1B | ||
| Q3 24 | $4.0B | $5.1B | ||
| Q2 24 | $4.3B | $5.3B |
股东权益MLMQVCGA
| Q1 26 | $11.3B | — | ||
| Q4 25 | $10.0B | $-3.1B | ||
| Q3 25 | $9.7B | $-3.1B | ||
| Q2 25 | $9.4B | $-3.0B | ||
| Q1 25 | $9.1B | $-981.0M | ||
| Q4 24 | $9.5B | $-971.0M | ||
| Q3 24 | $9.2B | $397.0M | ||
| Q2 24 | $8.8B | $328.0M |
总资产MLMQVCGA
| Q1 26 | $20.5B | — | ||
| Q4 25 | $18.7B | $7.6B | ||
| Q3 25 | $18.7B | $7.6B | ||
| Q2 25 | $18.1B | $6.7B | ||
| Q1 25 | $17.7B | $9.0B | ||
| Q4 24 | $18.2B | $9.2B | ||
| Q3 24 | $16.5B | $10.8B | ||
| Q2 24 | $16.3B | $10.9B |
负债/权益比MLMQVCGA
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.44× | 12.74× | ||
| Q2 24 | 0.49× | 16.28× |
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 | $227.0M | $244.0M |
| 自由现金流经营现金流 - 资本支出 | — | $191.0M |
| 自由现金流率自由现金流/营收 | — | 7.1% |
| 资本支出强度资本支出/营收 | 40.4% | 2.0% |
| 现金转化率经营现金流/净利润 | 0.15× | — |
| 过去12个月自由现金流最近4个季度 | — | $118.0M |
8季度趋势，按日历期对齐
经营现金流MLMQVCGA
| Q1 26 | $227.0M | — | ||
| Q4 25 | $629.0M | $244.0M | ||
| Q3 25 | $551.0M | $4.0M | ||
| Q2 25 | $387.0M | $86.0M | ||
| Q1 25 | $218.0M | $-60.0M | ||
| Q4 24 | $686.0M | $212.0M | ||
| Q3 24 | $600.0M | $20.0M | ||
| Q2 24 | $1.0M | $267.0M |
自由现金流MLMQVCGA
| Q1 26 | — | — | ||
| Q4 25 | $424.0M | $191.0M | ||
| Q3 25 | $361.0M | $-27.0M | ||
| Q2 25 | $208.0M | $48.0M | ||
| Q1 25 | $-15.0M | $-94.0M | ||
| Q4 24 | $453.0M | $150.0M | ||
| Q3 24 | $317.0M | $-23.0M | ||
| Q2 24 | $-138.0M | $213.0M |
自由现金流率MLMQVCGA
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 7.1% | ||
| Q3 25 | 19.6% | -1.2% | ||
| Q2 25 | 11.5% | 2.1% | ||
| Q1 25 | -1.1% | -4.5% | ||
| Q4 24 | 27.8% | 5.1% | ||
| Q3 24 | 16.8% | -1.0% | ||
| Q2 24 | -7.8% | 8.8% |
资本支出强度MLMQVCGA
| Q1 26 | 40.4% | — | ||
| Q4 25 | 18.0% | 2.0% | ||
| Q3 25 | 10.3% | 1.4% | ||
| Q2 25 | 9.9% | 1.7% | ||
| Q1 25 | 17.2% | 1.6% | ||
| Q4 24 | 14.3% | 2.1% | ||
| Q3 24 | 15.0% | 1.8% | ||
| Q2 24 | 7.9% | 2.2% |
现金转化率MLMQVCGA
| Q1 26 | 0.15× | — | ||
| Q4 25 | 2.25× | — | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.18× | — | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 0.00× | 13.35× |
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
MLM
暂无分部数据
QVCGA
| Other | $915.0M | 34% |
| Home | $754.0M | 28% |
| Beauty | $260.0M | 10% |
| Apparel | $254.0M | 9% |
| Electronics | $187.0M | 7% |
| Accessories | $181.0M | 7% |
| Jewelry | $87.0M | 3% |
| Manufactured Product Other | $38.0M | 1% |
