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Martin Marietta Materials（MLM）与TWILIO INC（TWLO）财务数据对比。点击上方公司名可切换其他公司
TWILIO 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 -3.4%，领先27.8%），TWILIO INC同比增速更快（14.3% vs -30.1%），过去两年TWILIO INC的营收复合增速更高（14.2% 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。
Twilio是总部位于美国加利福尼亚州旧金山的云通信企业，提供可编程通信工具，用户可通过其网页服务API实现拨打接听电话、收发短信等多种通信功能，方便企业灵活搭建适配自身需求的通信解决方案，降低相关技术的自研投入。
MLM vs TWLO — 直观对比
营收规模更大
TWLO
是对方的1.2倍
$1.1B
营收增速更快
TWLO
高出44.5%
-30.1%
净利率更高
MLM
高出27.8%
-3.4%
两年增速更快
TWLO
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 | $-45.9M |
| 毛利率 | 35.0% | 48.5% |
| 营业利润率 | 24.6% | 4.2% |
| 净利率 | 24.5% | -3.4% |
| 营收同比 | -30.1% | 14.3% |
| 净利润同比 | -4.8% | -267.7% |
| 每股收益（稀释后） | $4.59 | $-0.28 |
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MLMTWLO
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.8B | $1.3B | ||
| Q2 25 | $1.8B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.9B | $1.1B | ||
| Q2 24 | $1.8B | $1.1B | ||
| Q1 24 | $1.3B | $1.0B |
净利润MLMTWLO
| Q4 25 | $279.0M | $-45.9M | ||
| Q3 25 | $414.0M | $37.2M | ||
| Q2 25 | $328.0M | $22.4M | ||
| Q1 25 | $116.0M | $20.0M | ||
| Q4 24 | $293.0M | $-12.5M | ||
| Q3 24 | $363.0M | $-9.7M | ||
| Q2 24 | $294.0M | $-31.9M | ||
| Q1 24 | $1.0B | $-55.3M |
毛利率MLMTWLO
| Q4 25 | 35.0% | 48.5% | ||
| Q3 25 | 33.1% | 48.6% | ||
| Q2 25 | 30.0% | 49.1% | ||
| Q1 25 | 24.8% | 49.6% | ||
| Q4 24 | 30.0% | 50.2% | ||
| Q3 24 | 31.7% | 51.0% | ||
| Q2 24 | 29.3% | 51.3% | ||
| Q1 24 | 21.7% | 52.0% |
营业利润率MLMTWLO
| Q4 25 | 24.6% | 4.2% | ||
| Q3 25 | 27.4% | 3.1% | ||
| Q2 25 | 25.3% | 3.0% | ||
| Q1 25 | 14.3% | 2.0% | ||
| Q4 24 | 24.4% | 1.1% | ||
| Q3 24 | 25.9% | -0.4% | ||
| Q2 24 | 22.6% | -1.8% | ||
| Q1 24 | — | -4.2% |
净利率MLMTWLO
| Q4 25 | 24.5% | -3.4% | ||
| Q3 25 | 22.4% | 2.9% | ||
| Q2 25 | 18.1% | 1.8% | ||
| Q1 25 | 8.6% | 1.7% | ||
| Q4 24 | 18.0% | -1.0% | ||
| Q3 24 | 19.2% | -0.9% | ||
| Q2 24 | 16.7% | -2.9% | ||
| Q1 24 | 83.5% | -5.3% |
每股收益（稀释后）MLMTWLO
| Q4 25 | $4.59 | $-0.28 | ||
| Q3 25 | $6.85 | $0.23 | ||
| Q2 25 | $5.43 | $0.14 | ||
| Q1 25 | $1.90 | $0.12 | ||
| Q4 24 | $4.87 | $-0.10 | ||
| Q3 24 | $5.91 | $-0.06 | ||
| Q2 24 | $4.76 | $-0.19 | ||
| Q1 24 | $16.87 | $-0.31 |
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 | $682.3M |
| 总债务越低越好 | $5.3B | $992.3M |
| 股东权益账面价值 | $10.0B | $7.8B |
| 总资产 | $18.7B | $9.8B |
| 负债/权益比越低杠杆越低 | 0.53× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资MLMTWLO
| Q4 25 | $67.0M | $682.3M | ||
| Q3 25 | $57.0M | $734.8M | ||
| Q2 25 | $225.0M | $969.2M | ||
| Q1 25 | $101.0M | $467.1M | ||
| Q4 24 | $670.0M | $421.3M | ||
| Q3 24 | $52.0M | $584.0M | ||
| Q2 24 | $109.0M | $755.1M | ||
| Q1 24 | $2.6B | $672.6M |
总债务MLMTWLO
| Q4 25 | $5.3B | $992.3M | ||
| Q3 25 | $5.5B | $991.9M | ||
| Q2 25 | $5.4B | $991.4M | ||
| Q1 25 | $5.4B | $991.0M | ||
| Q4 24 | $5.4B | $990.6M | ||
| Q3 24 | $4.0B | $990.2M | ||
| Q2 24 | $4.3B | $989.8M | ||
| Q1 24 | $4.3B | $989.4M |
股东权益MLMTWLO
| Q4 25 | $10.0B | $7.8B | ||
| Q3 25 | $9.7B | $7.9B | ||
| Q2 25 | $9.4B | $8.0B | ||
| Q1 25 | $9.1B | $8.0B | ||
| Q4 24 | $9.5B | $8.0B | ||
| Q3 24 | $9.2B | $8.2B | ||
| Q2 24 | $8.8B | $8.7B | ||
| Q1 24 | $8.9B | $9.4B |
总资产MLMTWLO
| Q4 25 | $18.7B | $9.8B | ||
| Q3 25 | $18.7B | $9.7B | ||
| Q2 25 | $18.1B | $9.8B | ||
| Q1 25 | $17.7B | $9.8B | ||
| Q4 24 | $18.2B | $9.9B | ||
| Q3 24 | $16.5B | $10.0B | ||
| Q2 24 | $16.3B | $10.5B | ||
| Q1 24 | $16.2B | $11.3B |
负债/权益比MLMTWLO
| Q4 25 | 0.53× | 0.13× | ||
| Q3 25 | 0.57× | 0.13× | ||
| Q2 25 | 0.58× | 0.12× | ||
| Q1 25 | 0.60× | 0.12× | ||
| Q4 24 | 0.57× | 0.12× | ||
| Q3 24 | 0.44× | 0.12× | ||
| Q2 24 | 0.49× | 0.11× | ||
| Q1 24 | 0.49× | 0.10× |
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 | $271.6M |
| 自由现金流经营现金流 - 资本支出 | $424.0M | — |
| 自由现金流率自由现金流/营收 | 37.2% | — |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $978.0M | — |
8季度趋势，按日历期对齐
经营现金流MLMTWLO
| Q4 25 | $629.0M | $271.6M | ||
| Q3 25 | $551.0M | $263.6M | ||
| Q2 25 | $387.0M | $277.1M | ||
| Q1 25 | $218.0M | $191.0M | ||
| Q4 24 | $686.0M | $108.4M | ||
| Q3 24 | $600.0M | $204.3M | ||
| Q2 24 | $1.0M | $213.3M | ||
| Q1 24 | $172.0M | $190.1M |
自由现金流MLMTWLO
| Q4 25 | $424.0M | — | ||
| Q3 25 | $361.0M | — | ||
| Q2 25 | $208.0M | — | ||
| Q1 25 | $-15.0M | — | ||
| Q4 24 | $453.0M | — | ||
| Q3 24 | $317.0M | — | ||
| Q2 24 | $-138.0M | — | ||
| Q1 24 | $-28.0M | — |
自由现金流率MLMTWLO
| Q4 25 | 37.2% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 11.5% | — | ||
| Q1 25 | -1.1% | — | ||
| Q4 24 | 27.8% | — | ||
| Q3 24 | 16.8% | — | ||
| Q2 24 | -7.8% | — | ||
| Q1 24 | -2.2% | — |
资本支出强度MLMTWLO
| Q4 25 | 18.0% | — | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | 17.2% | — | ||
| Q4 24 | 14.3% | — | ||
| Q3 24 | 15.0% | — | ||
| Q2 24 | 7.9% | — | ||
| Q1 24 | 16.0% | — |
现金转化率MLMTWLO
| Q4 25 | 2.25× | — | ||
| Q3 25 | 1.33× | 7.08× | ||
| Q2 25 | 1.18× | 12.36× | ||
| Q1 25 | 1.88× | 9.54× | ||
| 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% |
TWLO
| US | $879.8M | 64% |
| Non Us | $486.1M | 36% |
