vs
Martin Marietta Materials（MLM）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
J.M. Smucker Company (The)的季度营收约是Martin Marietta Materials的1.7倍（$2.3B vs $1.4B），Martin Marietta Materials净利率更高（111.1% vs -31.0%，领先142.0%），Martin Marietta Materials同比增速更快（17.0% vs 7.0%），过去两年J.M. Smucker Company (The)的营收复合增速更高（3.0% 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。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
MLM vs SJM — 直观对比
营收规模更大
SJM
是对方的1.7倍
$1.4B
营收增速更快
MLM
高出10.0%
7.0%
净利率更高
MLM
高出142.0%
-31.0%
两年增速更快
SJM
近两年复合增速
-12.1%
损益表 — Q1 FY2026 vs Q3 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.3B |
| 净利润 | $1.5B | $-724.2M |
| 毛利率 | 22.8% | 35.4% |
| 营业利润率 | 11.9% | — |
| 净利率 | 111.1% | -31.0% |
| 营收同比 | 17.0% | 7.0% |
| 净利润同比 | — | -44.3% |
| 每股收益（稀释后） | — | — |
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MLMSJM
| Q4 26 | — | $2.3B | ||
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.1B | $2.3B | ||
| Q3 25 | $1.8B | $2.1B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.6B | $2.3B | ||
| Q3 24 | $1.9B | $2.1B |
净利润MLMSJM
| Q4 26 | — | $-724.2M | ||
| Q1 26 | $1.5B | — | ||
| Q4 25 | $279.0M | $241.3M | ||
| Q3 25 | $414.0M | $-43.9M | ||
| Q2 25 | $328.0M | $-729.0M | ||
| Q1 25 | $116.0M | $-662.3M | ||
| Q4 24 | $293.0M | $-24.5M | ||
| Q3 24 | $363.0M | $185.0M |
毛利率MLMSJM
| Q4 26 | — | 35.4% | ||
| Q1 26 | 22.8% | — | ||
| Q4 25 | 35.0% | 37.3% | ||
| Q3 25 | 33.1% | 22.5% | ||
| Q2 25 | 30.0% | 38.4% | ||
| Q1 25 | 24.8% | 40.2% | ||
| Q4 24 | 30.0% | 39.0% | ||
| Q3 24 | 31.7% | 37.5% |
营业利润率MLMSJM
| Q4 26 | — | — | ||
| Q1 26 | 11.9% | — | ||
| Q4 25 | 24.6% | 18.0% | ||
| Q3 25 | 27.4% | 2.2% | ||
| Q2 25 | 25.3% | -27.9% | ||
| Q1 25 | 14.3% | -27.2% | ||
| Q4 24 | 24.4% | 7.5% | ||
| Q3 24 | 25.9% | 16.4% |
净利率MLMSJM
| Q4 26 | — | -31.0% | ||
| Q1 26 | 111.1% | — | ||
| Q4 25 | 24.5% | 10.4% | ||
| Q3 25 | 22.4% | -2.1% | ||
| Q2 25 | 18.1% | -34.0% | ||
| Q1 25 | 8.6% | -30.3% | ||
| Q4 24 | 18.0% | -1.1% | ||
| Q3 24 | 19.2% | 8.7% |
每股收益（稀释后）MLMSJM
| Q4 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $4.59 | $2.26 | ||
| Q3 25 | $6.85 | $-0.41 | ||
| Q2 25 | $5.43 | $-6.86 | ||
| Q1 25 | $1.90 | $-6.22 | ||
| Q4 24 | $4.87 | $-0.23 | ||
| Q3 24 | $5.91 | $1.74 |
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 | $52.8M |
| 总债务越低越好 | $0 | $7.3B |
| 股东权益账面价值 | $11.3B | $5.2B |
| 总资产 | $20.5B | $16.3B |
| 负债/权益比越低杠杆越低 | 0.00× | 1.40× |
8季度趋势，按日历期对齐
现金及短期投资MLMSJM
| Q4 26 | — | $52.8M | ||
| Q1 26 | $273.0M | — | ||
| Q4 25 | $67.0M | — | ||
| Q3 25 | $57.0M | — | ||
| Q2 25 | $225.0M | — | ||
| Q1 25 | $101.0M | — | ||
| Q4 24 | $670.0M | — | ||
| Q3 24 | $52.0M | — |
总债务MLMSJM
| Q4 26 | — | $7.3B | ||
| Q1 26 | $0 | — | ||
| Q4 25 | $5.3B | $7.0B | ||
| Q3 25 | $5.5B | $7.0B | ||
| Q2 25 | $5.4B | $7.0B | ||
| Q1 25 | $5.4B | $7.4B | ||
| Q4 24 | $5.4B | $7.8B | ||
| Q3 24 | $4.0B | $7.8B |
股东权益MLMSJM
| Q4 26 | — | $5.2B | ||
| Q1 26 | $11.3B | — | ||
| Q4 25 | $10.0B | $6.1B | ||
| Q3 25 | $9.7B | $5.9B | ||
| Q2 25 | $9.4B | $6.1B | ||
| Q1 25 | $9.1B | $6.9B | ||
| Q4 24 | $9.5B | $7.6B | ||
| Q3 24 | $9.2B | $7.8B |
总资产MLMSJM
| Q4 26 | — | $16.3B | ||
| Q1 26 | $20.5B | — | ||
| Q4 25 | $18.7B | $17.6B | ||
| Q3 25 | $18.7B | $17.7B | ||
| Q2 25 | $18.1B | $17.6B | ||
| Q1 25 | $17.7B | $18.4B | ||
| Q4 24 | $18.2B | $20.0B | ||
| Q3 24 | $16.5B | $20.3B |
负债/权益比MLMSJM
| Q4 26 | — | 1.40× | ||
| Q1 26 | 0.00× | — | ||
| Q4 25 | 0.53× | 1.16× | ||
| Q3 25 | 0.57× | 1.19× | ||
| Q2 25 | 0.58× | 1.16× | ||
| Q1 25 | 0.60× | 1.07× | ||
| Q4 24 | 0.57× | 1.02× | ||
| Q3 24 | 0.44× | 1.00× |
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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | — | $975.0M |
| 自由现金流率自由现金流/营收 | — | 41.7% |
| 资本支出强度资本支出/营收 | 40.4% | 13.9% |
| 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 | — | $1.5B |
8季度趋势，按日历期对齐
经营现金流MLMSJM
| Q4 26 | — | $1.3B | ||
| Q1 26 | $227.0M | — | ||
| Q4 25 | $629.0M | $346.5M | ||
| Q3 25 | $551.0M | $-10.6M | ||
| Q2 25 | $387.0M | $393.9M | ||
| Q1 25 | $218.0M | $239.4M | ||
| Q4 24 | $686.0M | $404.2M | ||
| Q3 24 | $600.0M | $172.9M |
自由现金流MLMSJM
| Q4 26 | — | $975.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $424.0M | $280.2M | ||
| Q3 25 | $361.0M | $-94.9M | ||
| Q2 25 | $208.0M | $298.9M | ||
| Q1 25 | $-15.0M | $151.3M | ||
| Q4 24 | $453.0M | $317.2M | ||
| Q3 24 | $317.0M | $49.2M |
自由现金流率MLMSJM
| Q4 26 | — | 41.7% | ||
| Q1 26 | — | — | ||
| Q4 25 | 37.2% | 12.0% | ||
| Q3 25 | 19.6% | -4.5% | ||
| Q2 25 | 11.5% | 13.9% | ||
| Q1 25 | -1.1% | 6.9% | ||
| Q4 24 | 27.8% | 14.0% | ||
| Q3 24 | 16.8% | 2.3% |
资本支出强度MLMSJM
| Q4 26 | — | 13.9% | ||
| Q1 26 | 40.4% | — | ||
| Q4 25 | 18.0% | 2.8% | ||
| Q3 25 | 10.3% | 4.0% | ||
| Q2 25 | 9.9% | 4.4% | ||
| Q1 25 | 17.2% | 4.0% | ||
| Q4 24 | 14.3% | 3.8% | ||
| Q3 24 | 15.0% | 5.8% |
现金转化率MLMSJM
| Q4 26 | — | — | ||
| Q1 26 | 0.15× | — | ||
| Q4 25 | 2.25× | 1.44× | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.18× | — | ||
| Q1 25 | 1.88× | — | ||
| Q4 24 | 2.34× | — | ||
| Q3 24 | 1.65× | 0.93× |
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
SJM
| U.S. Retail Coffee | $908.2M | 39% |
| U.S. Retail Frozen Handheld and Spreads | $454.0M | 19% |
| U.S. Retail Pet Foods | $417.1M | 18% |
| International and Away From Home | $335.3M | 14% |
| Sweet Baked Snacks | $224.8M | 10% |
