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Martin Marietta Materials（MLM）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是Martin Marietta Materials的1.2倍（$1.4B vs $1.1B），Martin Marietta Materials净利率更高（24.5% vs 5.8%，领先18.7%），ROKU, INC同比增速更快（16.1% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs -4.5%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
MLM vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.2倍
$1.1B
营收增速更快
ROKU
高出46.3%
-30.1%
净利率更高
MLM
高出18.7%
5.8%
自由现金流更多
MLM
多$317.4M
$106.6M
两年增速更快
ROKU
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.4B |
| 净利润 | $279.0M | $80.5M |
| 毛利率 | 35.0% | 43.5% |
| 营业利润率 | 24.6% | 4.7% |
| 净利率 | 24.5% | 5.8% |
| 营收同比 | -30.1% | 16.1% |
| 净利润同比 | -4.8% | 326.4% |
| 每股收益（稀释后） | $4.59 | $0.55 |
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MLMROKU
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.8B | $1.2B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $1.8B | $968.2M | ||
| Q1 24 | $1.3B | $881.5M |
净利润MLMROKU
| Q4 25 | $279.0M | $80.5M | ||
| Q3 25 | $414.0M | $24.8M | ||
| Q2 25 | $328.0M | $10.5M | ||
| Q1 25 | $116.0M | $-27.4M | ||
| Q4 24 | $293.0M | $-35.5M | ||
| Q3 24 | $363.0M | $-9.0M | ||
| Q2 24 | $294.0M | $-34.0M | ||
| Q1 24 | $1.0B | $-50.9M |
毛利率MLMROKU
| Q4 25 | 35.0% | 43.5% | ||
| Q3 25 | 33.1% | 43.4% | ||
| Q2 25 | 30.0% | 44.8% | ||
| Q1 25 | 24.8% | 43.6% | ||
| Q4 24 | 30.0% | 42.7% | ||
| Q3 24 | 31.7% | 45.2% | ||
| Q2 24 | 29.3% | 43.9% | ||
| Q1 24 | 21.7% | 44.1% |
营业利润率MLMROKU
| Q4 25 | 24.6% | 4.7% | ||
| Q3 25 | 27.4% | 0.8% | ||
| Q2 25 | 25.3% | -2.1% | ||
| Q1 25 | 14.3% | -5.7% | ||
| Q4 24 | 24.4% | -3.3% | ||
| Q3 24 | 25.9% | -3.4% | ||
| Q2 24 | 22.6% | -7.4% | ||
| Q1 24 | — | -8.2% |
净利率MLMROKU
| Q4 25 | 24.5% | 5.8% | ||
| Q3 25 | 22.4% | 2.0% | ||
| Q2 25 | 18.1% | 0.9% | ||
| Q1 25 | 8.6% | -2.7% | ||
| Q4 24 | 18.0% | -3.0% | ||
| Q3 24 | 19.2% | -0.9% | ||
| Q2 24 | 16.7% | -3.5% | ||
| Q1 24 | 83.5% | -5.8% |
每股收益（稀释后）MLMROKU
| Q4 25 | $4.59 | $0.55 | ||
| Q3 25 | $6.85 | $0.16 | ||
| Q2 25 | $5.43 | $0.07 | ||
| Q1 25 | $1.90 | $-0.19 | ||
| Q4 24 | $4.87 | $-0.24 | ||
| Q3 24 | $5.91 | $-0.06 | ||
| Q2 24 | $4.76 | $-0.24 | ||
| Q1 24 | $16.87 | $-0.35 |
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 | $67.0M | $2.3B |
| 总债务越低越好 | $5.3B | — |
| 股东权益账面价值 | $10.0B | $2.7B |
| 总资产 | $18.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 0.53× | — |
8季度趋势，按日历期对齐
现金及短期投资MLMROKU
| Q4 25 | $67.0M | $2.3B | ||
| Q3 25 | $57.0M | $2.3B | ||
| Q2 25 | $225.0M | $2.3B | ||
| Q1 25 | $101.0M | $2.3B | ||
| Q4 24 | $670.0M | $2.2B | ||
| Q3 24 | $52.0M | $2.1B | ||
| Q2 24 | $109.0M | $2.1B | ||
| Q1 24 | $2.6B | $2.1B |
总债务MLMROKU
| Q4 25 | $5.3B | — | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | — | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.3B | — |
股东权益MLMROKU
| Q4 25 | $10.0B | $2.7B | ||
| Q3 25 | $9.7B | $2.6B | ||
| Q2 25 | $9.4B | $2.6B | ||
| Q1 25 | $9.1B | $2.5B | ||
| Q4 24 | $9.5B | $2.5B | ||
| Q3 24 | $9.2B | $2.5B | ||
| Q2 24 | $8.8B | $2.4B | ||
| Q1 24 | $8.9B | $2.4B |
总资产MLMROKU
| Q4 25 | $18.7B | $4.4B | ||
| Q3 25 | $18.7B | $4.4B | ||
| Q2 25 | $18.1B | $4.3B | ||
| Q1 25 | $17.7B | $4.2B | ||
| Q4 24 | $18.2B | $4.3B | ||
| Q3 24 | $16.5B | $4.3B | ||
| Q2 24 | $16.3B | $4.1B | ||
| Q1 24 | $16.2B | $4.2B |
负债/权益比MLMROKU
| Q4 25 | 0.53× | — | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 0.44× | — | ||
| Q2 24 | 0.49× | — | ||
| Q1 24 | 0.49× | — |
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 | $629.0M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | $106.6M |
| 自由现金流率自由现金流/营收 | 37.2% | 7.6% |
| 资本支出强度资本支出/营收 | 18.0% | 0.1% |
| 现金转化率经营现金流/净利润 | 2.25× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $978.0M | $478.4M |
8季度趋势，按日历期对齐
经营现金流MLMROKU
| Q4 25 | $629.0M | $107.7M | ||
| Q3 25 | $551.0M | $127.6M | ||
| Q2 25 | $387.0M | $109.7M | ||
| Q1 25 | $218.0M | $138.7M | ||
| Q4 24 | $686.0M | $79.3M | ||
| Q3 24 | $600.0M | $68.7M | ||
| Q2 24 | $1.0M | $23.4M | ||
| Q1 24 | $172.0M | $46.7M |
自由现金流MLMROKU
| Q4 25 | $424.0M | $106.6M | ||
| Q3 25 | $361.0M | $126.5M | ||
| Q2 25 | $208.0M | $108.6M | ||
| Q1 25 | $-15.0M | $136.8M | ||
| Q4 24 | $453.0M | $76.8M | ||
| Q3 24 | $317.0M | $67.6M | ||
| Q2 24 | $-138.0M | $22.5M | ||
| Q1 24 | $-28.0M | $46.0M |
自由现金流率MLMROKU
| Q4 25 | 37.2% | 7.6% | ||
| Q3 25 | 19.6% | 10.4% | ||
| Q2 25 | 11.5% | 9.8% | ||
| Q1 25 | -1.1% | 13.4% | ||
| Q4 24 | 27.8% | 6.4% | ||
| Q3 24 | 16.8% | 6.4% | ||
| Q2 24 | -7.8% | 2.3% | ||
| Q1 24 | -2.2% | 5.2% |
资本支出强度MLMROKU
| Q4 25 | 18.0% | 0.1% | ||
| Q3 25 | 10.3% | 0.1% | ||
| Q2 25 | 9.9% | 0.1% | ||
| Q1 25 | 17.2% | 0.2% | ||
| Q4 24 | 14.3% | 0.2% | ||
| Q3 24 | 15.0% | 0.1% | ||
| Q2 24 | 7.9% | 0.1% | ||
| Q1 24 | 16.0% | 0.1% |
现金转化率MLMROKU
| Q4 25 | 2.25× | 1.34× | ||
| Q3 25 | 1.33× | 5.14× | ||
| Q2 25 | 1.18× | 10.45× | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 0.00× | — | ||
| Q1 24 | 0.16× | — |
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
MLM
| Building Materials Business East Group | $774.0M | 68% |
| Building Materials Business West Group | $233.0M | 20% |
| Services | $88.0M | 8% |
| Other | $45.0M | 4% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
