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Martin Marietta Materials（MLM）与希悦尔（SEE）财务数据对比。点击上方公司名可切换其他公司
希悦尔的季度营收约是Martin Marietta Materials的1.0倍（$1.4B vs $1.4B），Martin Marietta Materials净利率更高（111.1% vs 3.1%，领先107.9%），Martin Marietta Materials同比增速更快（17.0% vs 2.6%），过去两年希悦尔的营收复合增速更高（2.7% 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。
希悦尔是全球领先的包装与防护解决方案供应商，核心产品包括缓冲防护材料、食品保鲜包装、可持续减废包装系统，服务覆盖电商、零售、食品饮料、工业制造等多个海内外领域。
MLM vs SEE — 直观对比
营收规模更大
SEE
是对方的1.0倍
$1.4B
营收增速更快
MLM
高出14.4%
2.6%
净利率更高
MLM
高出107.9%
3.1%
两年增速更快
SEE
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $1.5B | $43.8M |
| 毛利率 | 22.8% | 28.6% |
| 营业利润率 | 11.9% | 11.4% |
| 净利率 | 111.1% | 3.1% |
| 营收同比 | 17.0% | 2.6% |
| 净利润同比 | — | 700.0% |
| 每股收益（稀释后） | — | $0.30 |
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MLMSEE
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $1.8B | $1.3B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $1.6B | $1.4B | ||
| Q3 24 | $1.9B | $1.3B | ||
| Q2 24 | $1.8B | $1.3B |
净利润MLMSEE
| Q1 26 | $1.5B | — | ||
| Q4 25 | $279.0M | $43.8M | ||
| Q3 25 | $414.0M | $255.1M | ||
| Q2 25 | $328.0M | $93.1M | ||
| Q1 25 | $116.0M | $113.5M | ||
| Q4 24 | $293.0M | $-7.3M | ||
| Q3 24 | $363.0M | $91.7M | ||
| Q2 24 | $294.0M | $98.3M |
毛利率MLMSEE
| Q1 26 | 22.8% | — | ||
| Q4 25 | 35.0% | 28.6% | ||
| Q3 25 | 33.1% | 29.8% | ||
| Q2 25 | 30.0% | 30.7% | ||
| Q1 25 | 24.8% | 30.9% | ||
| Q4 24 | 30.0% | 30.0% | ||
| Q3 24 | 31.7% | 30.1% | ||
| Q2 24 | 29.3% | 31.2% |
营业利润率MLMSEE
| Q1 26 | 11.9% | — | ||
| Q4 25 | 24.6% | 11.4% | ||
| Q3 25 | 27.4% | 13.8% | ||
| Q2 25 | 25.3% | 15.0% | ||
| Q1 25 | 14.3% | 14.5% | ||
| Q4 24 | 24.4% | 11.7% | ||
| Q3 24 | 25.9% | 13.9% | ||
| Q2 24 | 22.6% | 15.4% |
净利率MLMSEE
| Q1 26 | 111.1% | — | ||
| Q4 25 | 24.5% | 3.1% | ||
| Q3 25 | 22.4% | 19.0% | ||
| Q2 25 | 18.1% | 7.0% | ||
| Q1 25 | 8.6% | 9.0% | ||
| Q4 24 | 18.0% | -0.5% | ||
| Q3 24 | 19.2% | 6.9% | ||
| Q2 24 | 16.7% | 7.4% |
每股收益（稀释后）MLMSEE
| Q1 26 | — | — | ||
| Q4 25 | $4.59 | $0.30 | ||
| Q3 25 | $6.85 | $1.73 | ||
| Q2 25 | $5.43 | $0.63 | ||
| Q1 25 | $1.90 | $0.77 | ||
| Q4 24 | $4.87 | $-0.05 | ||
| Q3 24 | $5.91 | $0.63 | ||
| Q2 24 | $4.76 | $0.67 |
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 | $344.0M |
| 总债务越低越好 | $0 | $3.3B |
| 股东权益账面价值 | $11.3B | $1.2B |
| 总资产 | $20.5B | $7.0B |
| 负债/权益比越低杠杆越低 | 0.00× | 2.65× |
8季度趋势，按日历期对齐
现金及短期投资MLMSEE
| Q1 26 | $273.0M | — | ||
| Q4 25 | $67.0M | $344.0M | ||
| Q3 25 | $57.0M | $282.5M | ||
| Q2 25 | $225.0M | $354.4M | ||
| Q1 25 | $101.0M | $335.2M | ||
| Q4 24 | $670.0M | $371.8M | ||
| Q3 24 | $52.0M | $386.0M | ||
| Q2 24 | $109.0M | $388.6M |
总债务MLMSEE
| Q1 26 | $0 | — | ||
| Q4 25 | $5.3B | $3.3B | ||
| Q3 25 | $5.5B | $4.0B | ||
| Q2 25 | $5.4B | $4.0B | ||
| Q1 25 | $5.4B | $4.2B | ||
| Q4 24 | $5.4B | $4.2B | ||
| Q3 24 | $4.0B | $4.3B | ||
| Q2 24 | $4.3B | $4.4B |
股东权益MLMSEE
| Q1 26 | $11.3B | — | ||
| Q4 25 | $10.0B | $1.2B | ||
| Q3 25 | $9.7B | $1.2B | ||
| Q2 25 | $9.4B | $953.1M | ||
| Q1 25 | $9.1B | $797.9M | ||
| Q4 24 | $9.5B | $624.5M | ||
| Q3 24 | $9.2B | $771.2M | ||
| Q2 24 | $8.8B | $650.1M |
总资产MLMSEE
| Q1 26 | $20.5B | — | ||
| Q4 25 | $18.7B | $7.0B | ||
| Q3 25 | $18.7B | $7.1B | ||
| Q2 25 | $18.1B | $7.2B | ||
| Q1 25 | $17.7B | $7.0B | ||
| Q4 24 | $18.2B | $7.0B | ||
| Q3 24 | $16.5B | $7.3B | ||
| Q2 24 | $16.3B | $7.3B |
负债/权益比MLMSEE
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.53× | 2.65× | ||
| Q3 25 | 0.57× | 3.34× | ||
| Q2 25 | 0.58× | 4.18× | ||
| Q1 25 | 0.60× | 5.26× | ||
| Q4 24 | 0.57× | 6.72× | ||
| Q3 24 | 0.44× | 5.62× | ||
| Q2 24 | 0.49× | 6.81× |
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 | $293.6M |
| 自由现金流经营现金流 - 资本支出 | — | $257.7M |
| 自由现金流率自由现金流/营收 | — | 18.5% |
| 资本支出强度资本支出/营收 | 40.4% | 2.6% |
| 现金转化率经营现金流/净利润 | 0.15× | 6.70× |
| 过去12个月自由现金流最近4个季度 | — | $458.5M |
8季度趋势，按日历期对齐
经营现金流MLMSEE
| Q1 26 | $227.0M | — | ||
| Q4 25 | $629.0M | $293.6M | ||
| Q3 25 | $551.0M | $165.9M | ||
| Q2 25 | $387.0M | $136.6M | ||
| Q1 25 | $218.0M | $31.9M | ||
| Q4 24 | $686.0M | $244.2M | ||
| Q3 24 | $600.0M | $170.5M | ||
| Q2 24 | $1.0M | $188.2M |
自由现金流MLMSEE
| Q1 26 | — | — | ||
| Q4 25 | $424.0M | $257.7M | ||
| Q3 25 | $361.0M | $119.6M | ||
| Q2 25 | $208.0M | $93.2M | ||
| Q1 25 | $-15.0M | $-12.0M | ||
| Q4 24 | $453.0M | $185.1M | ||
| Q3 24 | $317.0M | $115.2M | ||
| Q2 24 | $-138.0M | $129.5M |
自由现金流率MLMSEE
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 18.5% | ||
| Q3 25 | 19.6% | 8.9% | ||
| Q2 25 | 11.5% | 7.0% | ||
| Q1 25 | -1.1% | -0.9% | ||
| Q4 24 | 27.8% | 13.6% | ||
| Q3 24 | 16.8% | 8.6% | ||
| Q2 24 | -7.8% | 9.7% |
资本支出强度MLMSEE
| Q1 26 | 40.4% | — | ||
| Q4 25 | 18.0% | 2.6% | ||
| Q3 25 | 10.3% | 3.4% | ||
| Q2 25 | 9.9% | 3.3% | ||
| Q1 25 | 17.2% | 3.5% | ||
| Q4 24 | 14.3% | 4.4% | ||
| Q3 24 | 15.0% | 4.1% | ||
| Q2 24 | 7.9% | 4.4% |
现金转化率MLMSEE
| Q1 26 | 0.15× | — | ||
| Q4 25 | 2.25× | 6.70× | ||
| Q3 25 | 1.33× | 0.65× | ||
| Q2 25 | 1.18× | 1.47× | ||
| Q1 25 | 1.88× | 0.28× | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 1.65× | 1.86× | ||
| Q2 24 | 0.00× | 1.91× |
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
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
