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Martin Marietta Materials（MLM）与Rackspace Technology, Inc.（RXT）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是Rackspace Technology, Inc.的1.7倍（$1.1B vs $682.8M），Martin Marietta Materials净利率更高（24.5% vs -4.8%，领先29.3%），Rackspace Technology, Inc.同比增速更快（-0.4% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $56.0M），过去两年Rackspace Technology, Inc.的营收复合增速更高（-0.6% 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。
Rackspace Technology, Inc.是总部位于美国得克萨斯州圣安东尼奥的云计算企业，在弗吉尼亚州雷斯顿以及澳大利亚、加拿大、英国、印度、迪拜、瑞士、荷兰、德国、新加坡、墨西哥、中国香港等多个国家和地区设有办事处，数据中心分布于全球多个主要城市，为客户提供专业的云计算相关服务。
MLM vs RXT — 直观对比
营收规模更大
MLM
是对方的1.7倍
$682.8M
营收增速更快
RXT
高出29.7%
-30.1%
净利率更高
MLM
高出29.3%
-4.8%
自由现金流更多
MLM
多$368.0M
$56.0M
两年增速更快
RXT
近两年复合增速
-4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $682.8M |
| 净利润 | $279.0M | $-32.7M |
| 毛利率 | 35.0% | 17.6% |
| 营业利润率 | 24.6% | -0.5% |
| 净利率 | 24.5% | -4.8% |
| 营收同比 | -30.1% | -0.4% |
| 净利润同比 | -4.8% | 41.6% |
| 每股收益（稀释后） | $4.59 | $-0.13 |
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MLMRXT
| Q4 25 | $1.1B | $682.8M | ||
| Q3 25 | $1.8B | $671.2M | ||
| Q2 25 | $1.8B | $666.3M | ||
| Q1 25 | $1.4B | $665.4M | ||
| Q4 24 | $1.6B | $685.6M | ||
| Q3 24 | $1.9B | $675.8M | ||
| Q2 24 | $1.8B | $684.9M | ||
| Q1 24 | $1.3B | $690.8M |
净利润MLMRXT
| Q4 25 | $279.0M | $-32.7M | ||
| Q3 25 | $414.0M | $-67.1M | ||
| Q2 25 | $328.0M | $-54.5M | ||
| Q1 25 | $116.0M | $-71.5M | ||
| Q4 24 | $293.0M | $-56.0M | ||
| Q3 24 | $363.0M | $-186.6M | ||
| Q2 24 | $294.0M | $25.0M | ||
| Q1 24 | $1.0B | $-640.6M |
毛利率MLMRXT
| Q4 25 | 35.0% | 17.6% | ||
| Q3 25 | 33.1% | 19.4% | ||
| Q2 25 | 30.0% | 19.4% | ||
| Q1 25 | 24.8% | 19.1% | ||
| Q4 24 | 30.0% | 19.2% | ||
| Q3 24 | 31.7% | 20.3% | ||
| Q2 24 | 29.3% | 19.2% | ||
| Q1 24 | 21.7% | 19.2% |
营业利润率MLMRXT
| Q4 25 | 24.6% | -0.5% | ||
| Q3 25 | 27.4% | -5.1% | ||
| Q2 25 | 25.3% | -3.8% | ||
| Q1 25 | 14.3% | -5.8% | ||
| Q4 24 | 24.4% | -4.2% | ||
| Q3 24 | 25.9% | -25.7% | ||
| Q2 24 | 22.6% | -7.9% | ||
| Q1 24 | — | -94.5% |
净利率MLMRXT
| Q4 25 | 24.5% | -4.8% | ||
| Q3 25 | 22.4% | -10.0% | ||
| Q2 25 | 18.1% | -8.2% | ||
| Q1 25 | 8.6% | -10.7% | ||
| Q4 24 | 18.0% | -8.2% | ||
| Q3 24 | 19.2% | -27.6% | ||
| Q2 24 | 16.7% | 3.7% | ||
| Q1 24 | 83.5% | -92.7% |
每股收益（稀释后）MLMRXT
| Q4 25 | $4.59 | $-0.13 | ||
| Q3 25 | $6.85 | $-0.28 | ||
| Q2 25 | $5.43 | $-0.23 | ||
| Q1 25 | $1.90 | $-0.31 | ||
| Q4 24 | $4.87 | $-0.20 | ||
| Q3 24 | $5.91 | $-0.82 | ||
| Q2 24 | $4.76 | $0.11 | ||
| Q1 24 | $16.87 | $-2.91 |
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 | $105.8M |
| 总债务越低越好 | $5.3B | $2.7B |
| 股东权益账面价值 | $10.0B | $-1.2B |
| 总资产 | $18.7B | $2.8B |
| 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MLMRXT
| Q4 25 | $67.0M | $105.8M | ||
| Q3 25 | $57.0M | $99.5M | ||
| Q2 25 | $225.0M | $103.9M | ||
| Q1 25 | $101.0M | $128.0M | ||
| Q4 24 | $670.0M | $144.0M | ||
| Q3 24 | $52.0M | $157.1M | ||
| Q2 24 | $109.0M | $190.2M | ||
| Q1 24 | $2.6B | $282.6M |
总债务MLMRXT
| Q4 25 | $5.3B | $2.7B | ||
| Q3 25 | $5.5B | $2.8B | ||
| Q2 25 | $5.4B | $2.8B | ||
| Q1 25 | $5.4B | $2.8B | ||
| Q4 24 | $5.4B | $2.8B | ||
| Q3 24 | $4.0B | $2.8B | ||
| Q2 24 | $4.3B | $2.9B | ||
| Q1 24 | $4.3B | $3.0B |
股东权益MLMRXT
| Q4 25 | $10.0B | $-1.2B | ||
| Q3 25 | $9.7B | $-1.2B | ||
| Q2 25 | $9.4B | $-1.1B | ||
| Q1 25 | $9.1B | $-1.1B | ||
| Q4 24 | $9.5B | $-1.0B | ||
| Q3 24 | $9.2B | $-949.7M | ||
| Q2 24 | $8.8B | $-756.2M | ||
| Q1 24 | $8.9B | $-787.2M |
总资产MLMRXT
| Q4 25 | $18.7B | $2.8B | ||
| Q3 25 | $18.7B | $2.8B | ||
| Q2 25 | $18.1B | $2.9B | ||
| Q1 25 | $17.7B | $3.0B | ||
| Q4 24 | $18.2B | $3.1B | ||
| Q3 24 | $16.5B | $3.1B | ||
| Q2 24 | $16.3B | $3.4B | ||
| Q1 24 | $16.2B | $3.5B |
负债/权益比MLMRXT
| 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 | $59.7M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | $56.0M |
| 自由现金流率自由现金流/营收 | 37.2% | 8.2% |
| 资本支出强度资本支出/营收 | 18.0% | 0.5% |
| 现金转化率经营现金流/净利润 | 2.25× | — |
| 过去12个月自由现金流最近4个季度 | $978.0M | $90.6M |
8季度趋势，按日历期对齐
经营现金流MLMRXT
| Q4 25 | $629.0M | $59.7M | ||
| Q3 25 | $551.0M | $70.7M | ||
| Q2 25 | $387.0M | $8.4M | ||
| Q1 25 | $218.0M | $12.6M | ||
| Q4 24 | $686.0M | $54.3M | ||
| Q3 24 | $600.0M | $51.8M | ||
| Q2 24 | $1.0M | $24.1M | ||
| Q1 24 | $172.0M | $-90.3M |
自由现金流MLMRXT
| Q4 25 | $424.0M | $56.0M | ||
| Q3 25 | $361.0M | $42.7M | ||
| Q2 25 | $208.0M | $-12.4M | ||
| Q1 25 | $-15.0M | $4.3M | ||
| Q4 24 | $453.0M | $34.4M | ||
| Q3 24 | $317.0M | $27.3M | ||
| Q2 24 | $-138.0M | $-14.5M | ||
| Q1 24 | $-28.0M | $-118.4M |
自由现金流率MLMRXT
| Q4 25 | 37.2% | 8.2% | ||
| Q3 25 | 19.6% | 6.4% | ||
| Q2 25 | 11.5% | -1.9% | ||
| Q1 25 | -1.1% | 0.6% | ||
| Q4 24 | 27.8% | 5.0% | ||
| Q3 24 | 16.8% | 4.0% | ||
| Q2 24 | -7.8% | -2.1% | ||
| Q1 24 | -2.2% | -17.1% |
资本支出强度MLMRXT
| Q4 25 | 18.0% | 0.5% | ||
| Q3 25 | 10.3% | 4.2% | ||
| Q2 25 | 9.9% | 3.1% | ||
| Q1 25 | 17.2% | 1.2% | ||
| Q4 24 | 14.3% | 2.9% | ||
| Q3 24 | 15.0% | 3.6% | ||
| Q2 24 | 7.9% | 5.6% | ||
| Q1 24 | 16.0% | 4.1% |
现金转化率MLMRXT
| 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× | 0.96× | ||
| 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% |
RXT
| Public Cloud Services Segment | $442.2M | 65% |
| Private Cloud Service Segment | $240.6M | 35% |
