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Martin Marietta Materials（MLM）与森萨塔科技（ST）财务数据对比。点击上方公司名可切换其他公司
Martin Marietta Materials的季度营收约是森萨塔科技的1.2倍（$1.1B vs $934.8M），Martin Marietta Materials净利率更高（24.5% vs 9.3%，领先15.2%），森萨塔科技同比增速更快（2.6% vs -30.1%），Martin Marietta Materials自由现金流更多（$424.0M vs $104.6M），过去两年Martin Marietta Materials的营收复合增速更高（-4.5% vs -5.0%）
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。
森萨塔科技控股有限公司是全球领先的工业科技企业，主营传感器、电气保护及控制解决方案的研发、生产与销售，产品覆盖汽车、工业、航空航天、暖通空调、电信等多个下游领域，服务全球制造类企业客户。
MLM vs ST — 直观对比
营收规模更大
MLM
是对方的1.2倍
$934.8M
营收增速更快
ST
高出32.7%
-30.1%
净利率更高
MLM
高出15.2%
9.3%
自由现金流更多
MLM
多$319.4M
$104.6M
两年增速更快
MLM
近两年复合增速
-5.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $934.8M |
| 净利润 | $279.0M | $87.1M |
| 毛利率 | 35.0% | 30.6% |
| 营业利润率 | 24.6% | 15.1% |
| 净利率 | 24.5% | 9.3% |
| 营收同比 | -30.1% | 2.6% |
| 净利润同比 | -4.8% | 24.6% |
| 每股收益（稀释后） | $4.59 | $0.59 |
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MLMST
| Q1 26 | — | $934.8M | ||
| Q4 25 | $1.1B | $917.9M | ||
| Q3 25 | $1.8B | $932.0M | ||
| Q2 25 | $1.8B | $943.4M | ||
| Q1 25 | $1.4B | $911.3M | ||
| Q4 24 | $1.6B | $907.7M | ||
| Q3 24 | $1.9B | $982.8M | ||
| Q2 24 | $1.8B | $1.0B |
净利润MLMST
| Q1 26 | — | $87.1M | ||
| Q4 25 | $279.0M | $63.2M | ||
| Q3 25 | $414.0M | $-162.5M | ||
| Q2 25 | $328.0M | $60.7M | ||
| Q1 25 | $116.0M | $69.9M | ||
| Q4 24 | $293.0M | $5.8M | ||
| Q3 24 | $363.0M | $-25.0M | ||
| Q2 24 | $294.0M | $71.7M |
毛利率MLMST
| Q1 26 | — | 30.6% | ||
| Q4 25 | 35.0% | 29.0% | ||
| Q3 25 | 33.1% | 27.8% | ||
| Q2 25 | 30.0% | 30.3% | ||
| Q1 25 | 24.8% | 29.9% | ||
| Q4 24 | 30.0% | 27.1% | ||
| Q3 24 | 31.7% | 28.6% | ||
| Q2 24 | 29.3% | 30.0% |
营业利润率MLMST
| Q1 26 | — | 15.1% | ||
| Q4 25 | 24.6% | 10.9% | ||
| Q3 25 | 27.4% | -13.2% | ||
| Q2 25 | 25.3% | 14.6% | ||
| Q1 25 | 14.3% | 13.4% | ||
| Q4 24 | 24.4% | 8.1% | ||
| Q3 24 | 25.9% | -20.3% | ||
| Q2 24 | 22.6% | 12.5% |
净利率MLMST
| Q1 26 | — | 9.3% | ||
| Q4 25 | 24.5% | 6.9% | ||
| Q3 25 | 22.4% | -17.4% | ||
| Q2 25 | 18.1% | 6.4% | ||
| Q1 25 | 8.6% | 7.7% | ||
| Q4 24 | 18.0% | 0.6% | ||
| Q3 24 | 19.2% | -2.5% | ||
| Q2 24 | 16.7% | 6.9% |
每股收益（稀释后）MLMST
| Q1 26 | — | $0.59 | ||
| Q4 25 | $4.59 | $0.45 | ||
| Q3 25 | $6.85 | $-1.12 | ||
| Q2 25 | $5.43 | $0.41 | ||
| Q1 25 | $1.90 | $0.47 | ||
| Q4 24 | $4.87 | $0.05 | ||
| Q3 24 | $5.91 | $-0.17 | ||
| Q2 24 | $4.76 | $0.47 |
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 | $635.1M |
| 总债务越低越好 | $5.3B | — |
| 股东权益账面价值 | $10.0B | $2.9B |
| 总资产 | $18.7B | $6.8B |
| 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MLMST
| Q1 26 | — | $635.1M | ||
| Q4 25 | $67.0M | $573.0M | ||
| Q3 25 | $57.0M | $791.3M | ||
| Q2 25 | $225.0M | $661.8M | ||
| Q1 25 | $101.0M | $588.1M | ||
| Q4 24 | $670.0M | $593.7M | ||
| Q3 24 | $52.0M | $506.2M | ||
| Q2 24 | $109.0M | $1.0B |
总债务MLMST
| Q1 26 | — | — | ||
| Q4 25 | $5.3B | $2.8B | ||
| Q3 25 | $5.5B | — | ||
| Q2 25 | $5.4B | — | ||
| Q1 25 | $5.4B | — | ||
| Q4 24 | $5.4B | $3.2B | ||
| Q3 24 | $4.0B | — | ||
| Q2 24 | $4.3B | — |
股东权益MLMST
| Q1 26 | — | $2.9B | ||
| Q4 25 | $10.0B | $2.8B | ||
| Q3 25 | $9.7B | $2.7B | ||
| Q2 25 | $9.4B | $2.9B | ||
| Q1 25 | $9.1B | $2.8B | ||
| Q4 24 | $9.5B | $2.9B | ||
| Q3 24 | $9.2B | $3.0B | ||
| Q2 24 | $8.8B | $3.0B |
总资产MLMST
| Q1 26 | — | $6.8B | ||
| Q4 25 | $18.7B | $6.8B | ||
| Q3 25 | $18.7B | $7.1B | ||
| Q2 25 | $18.1B | $7.3B | ||
| Q1 25 | $17.7B | $7.2B | ||
| Q4 24 | $18.2B | $7.1B | ||
| Q3 24 | $16.5B | $7.3B | ||
| Q2 24 | $16.3B | $8.2B |
负债/权益比MLMST
| Q1 26 | — | — | ||
| Q4 25 | 0.53× | 1.02× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.57× | 1.11× | ||
| Q3 24 | 0.44× | — | ||
| Q2 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 | $122.5M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | $104.6M |
| 自由现金流率自由现金流/营收 | 37.2% | 11.2% |
| 资本支出强度资本支出/营收 | 18.0% | — |
| 现金转化率经营现金流/净利润 | 2.25× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $978.0M | $508.3M |
8季度趋势，按日历期对齐
经营现金流MLMST
| Q1 26 | — | $122.5M | ||
| Q4 25 | $629.0M | $201.5M | ||
| Q3 25 | $551.0M | $159.9M | ||
| Q2 25 | $387.0M | $140.9M | ||
| Q1 25 | $218.0M | $119.2M | ||
| Q4 24 | $686.0M | $170.7M | ||
| Q3 24 | $600.0M | $130.9M | ||
| Q2 24 | $1.0M | $143.5M |
自由现金流MLMST
| Q1 26 | — | $104.6M | ||
| Q4 25 | $424.0M | $151.9M | ||
| Q3 25 | $361.0M | $136.2M | ||
| Q2 25 | $208.0M | $115.5M | ||
| Q1 25 | $-15.0M | $86.6M | ||
| Q4 24 | $453.0M | $138.9M | ||
| Q3 24 | $317.0M | $91.3M | ||
| Q2 24 | $-138.0M | $98.4M |
自由现金流率MLMST
| Q1 26 | — | 11.2% | ||
| Q4 25 | 37.2% | 16.6% | ||
| Q3 25 | 19.6% | 14.6% | ||
| Q2 25 | 11.5% | 12.2% | ||
| Q1 25 | -1.1% | 9.5% | ||
| Q4 24 | 27.8% | 15.3% | ||
| Q3 24 | 16.8% | 9.3% | ||
| Q2 24 | -7.8% | 9.5% |
资本支出强度MLMST
| Q1 26 | — | — | ||
| Q4 25 | 18.0% | 5.4% | ||
| Q3 25 | 10.3% | 2.5% | ||
| Q2 25 | 9.9% | 2.7% | ||
| Q1 25 | 17.2% | 3.6% | ||
| Q4 24 | 14.3% | 3.5% | ||
| Q3 24 | 15.0% | 4.0% | ||
| Q2 24 | 7.9% | 4.4% |
现金转化率MLMST
| Q1 26 | — | 1.41× | ||
| Q4 25 | 2.25× | 3.19× | ||
| Q3 25 | 1.33× | — | ||
| Q2 25 | 1.18× | 2.32× | ||
| Q1 25 | 1.88× | 1.70× | ||
| Q4 24 | 2.34× | 29.50× | ||
| Q3 24 | 1.65× | — | ||
| Q2 24 | 0.00× | 2.00× |
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% |
ST
暂无分部数据
