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MARTIN MIDSTREAM PARTNERS L.P.（MMLP）与Stitch Fix, Inc.（SFIX）财务数据对比。点击上方公司名可切换其他公司
Stitch Fix, Inc.的季度营收约是MARTIN MIDSTREAM PARTNERS L.P.的1.8倍（$342.1M vs $187.7M），MARTIN MIDSTREAM PARTNERS L.P.净利率更高（1.7% vs -1.9%，领先3.6%），Stitch Fix, Inc.同比增速更快（7.3% vs -2.5%），Stitch Fix, Inc.自由现金流更多（$5.6M vs $-6.0M），过去两年Stitch Fix, Inc.的营收复合增速更高（1.8% vs 0.8%）
Martin Midstream Partners L.P.是美国中游能源服务提供商，主营原油、天然气液、精炼石油产品及特种化学品的存储、运输、分销与加工服务，主要服务北美能源及工业领域客户。
Stitch Fix是美国的在线个人造型服务平台，依托推荐算法与数据科学技术，根据顾客的身形尺寸、预算和风格偏好推送个性化服饰单品。该公司创立于2011年，2017年完成首次公开募股，目前总部位于旧金山。
MMLP vs SFIX — 直观对比
营收规模更大
SFIX
是对方的1.8倍
$187.7M
营收增速更快
SFIX
高出9.8%
-2.5%
净利率更高
MMLP
高出3.6%
-1.9%
自由现金流更多
SFIX
多$11.6M
$-6.0M
两年增速更快
SFIX
近两年复合增速
0.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $187.7M | $342.1M |
| 净利润 | $3.2M | $-6.4M |
| 毛利率 | — | 43.6% |
| 营业利润率 | 4.1% | -2.5% |
| 净利率 | 1.7% | -1.9% |
| 营收同比 | -2.5% | 7.3% |
| 净利润同比 | -37.1% | -1.7% |
| 每股收益（稀释后） | — | $-0.05 |
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MMLPSFIX
| Q1 26 | $187.7M | — | ||
| Q4 25 | $174.2M | $342.1M | ||
| Q3 25 | $168.7M | $311.2M | ||
| Q2 25 | $180.7M | $325.0M | ||
| Q1 25 | $192.5M | $312.1M | ||
| Q4 24 | $171.3M | $318.8M | ||
| Q3 24 | $170.9M | $319.6M | ||
| Q2 24 | $184.5M | $322.7M |
净利润MMLPSFIX
| Q1 26 | $3.2M | — | ||
| Q4 25 | $-2.9M | $-6.4M | ||
| Q3 25 | $-8.4M | $-8.6M | ||
| Q2 25 | $-2.4M | $-7.4M | ||
| Q1 25 | $-1.0M | $-6.5M | ||
| Q4 24 | $-8.9M | $-6.3M | ||
| Q3 24 | $-3.3M | $-36.5M | ||
| Q2 24 | $3.8M | $-21.3M |
毛利率MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | 57.1% | 43.6% | ||
| Q3 25 | 55.1% | 43.6% | ||
| Q2 25 | 56.5% | 44.2% | ||
| Q1 25 | 53.5% | 44.5% | ||
| Q4 24 | 58.2% | 45.4% | ||
| Q3 24 | 58.5% | 44.6% | ||
| Q2 24 | 58.4% | 45.5% |
营业利润率MMLPSFIX
| Q1 26 | 4.1% | — | ||
| Q4 25 | 7.3% | -2.5% | ||
| Q3 25 | 4.1% | -3.6% | ||
| Q2 25 | 8.2% | -3.0% | ||
| Q1 25 | 7.5% | -2.9% | ||
| Q4 24 | 4.0% | -2.8% | ||
| Q3 24 | 7.4% | -13.1% | ||
| Q2 24 | 10.8% | -7.7% |
净利率MMLPSFIX
| Q1 26 | 1.7% | — | ||
| Q4 25 | -1.7% | -1.9% | ||
| Q3 25 | -5.0% | -2.8% | ||
| Q2 25 | -1.3% | -2.3% | ||
| Q1 25 | -0.5% | -2.1% | ||
| Q4 24 | -5.2% | -2.0% | ||
| Q3 24 | -1.9% | -11.4% | ||
| Q2 24 | 2.0% | -6.6% |
每股收益（稀释后）MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | $-0.05 | ||
| Q3 25 | — | $-0.06 | ||
| Q2 25 | — | $-0.06 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $-0.29 | ||
| Q2 24 | — | $-0.18 |
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 | — | $244.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $204.1M |
| 总资产 | $537.1M | $530.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | $244.2M | ||
| Q3 25 | — | $234.9M | ||
| Q2 25 | — | $234.2M | ||
| Q1 25 | — | $219.1M | ||
| Q4 24 | — | $253.3M | ||
| Q3 24 | — | $247.0M | ||
| Q2 24 | — | $244.5M |
总债务MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | $428.0M | — | ||
| Q3 25 | $441.3M | — | ||
| Q2 25 | $427.8M | — | ||
| Q1 25 | $451.4M | — | ||
| Q4 24 | $437.6M | — | ||
| Q3 24 | $469.3M | — | ||
| Q2 24 | $439.4M | — |
股东权益MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | $204.1M | ||
| Q3 25 | — | $203.0M | ||
| Q2 25 | — | $200.4M | ||
| Q1 25 | — | $197.8M | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | $187.0M | ||
| Q2 24 | — | $208.9M |
总资产MMLPSFIX
| Q1 26 | $537.1M | — | ||
| Q4 25 | $522.4M | $530.7M | ||
| Q3 25 | $510.1M | $480.6M | ||
| Q2 25 | $515.6M | $484.7M | ||
| Q1 25 | $533.4M | $472.6M | ||
| Q4 24 | $538.5M | $507.1M | ||
| Q3 24 | $554.8M | $486.9M | ||
| Q2 24 | $535.1M | $537.0M |
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 | — | $10.9M |
| 自由现金流经营现金流 - 资本支出 | $-6.0M | $5.6M |
| 自由现金流率自由现金流/营收 | -3.2% | 1.6% |
| 资本支出强度资本支出/营收 | 1.6% | 1.6% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $27.2M | $4.9M |
8季度趋势，按日历期对齐
经营现金流MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | $22.4M | $10.9M | ||
| Q3 25 | $-1.2M | $7.0M | ||
| Q2 25 | $30.9M | $20.5M | ||
| Q1 25 | $-6.0M | $-16.2M | ||
| Q4 24 | $42.2M | $14.3M | ||
| Q3 24 | $-15.8M | $8.2M | ||
| Q2 24 | $11.8M | $21.7M |
自由现金流MMLPSFIX
| Q1 26 | $-6.0M | — | ||
| Q4 25 | $15.6M | $5.6M | ||
| Q3 25 | $-7.9M | $2.8M | ||
| Q2 25 | $25.6M | $16.0M | ||
| Q1 25 | $-11.9M | $-19.4M | ||
| Q4 24 | $34.2M | $9.9M | ||
| Q3 24 | $-25.6M | $4.5M | ||
| Q2 24 | $-696.0K | $18.9M |
自由现金流率MMLPSFIX
| Q1 26 | -3.2% | — | ||
| Q4 25 | 8.9% | 1.6% | ||
| Q3 25 | -4.7% | 0.9% | ||
| Q2 25 | 14.2% | 4.9% | ||
| Q1 25 | -6.2% | -6.2% | ||
| Q4 24 | 20.0% | 3.1% | ||
| Q3 24 | -15.0% | 1.4% | ||
| Q2 24 | -0.4% | 5.9% |
资本支出强度MMLPSFIX
| Q1 26 | 1.6% | — | ||
| Q4 25 | 3.9% | 1.6% | ||
| Q3 25 | 4.0% | 1.4% | ||
| Q2 25 | 3.0% | 1.4% | ||
| Q1 25 | 3.1% | 1.0% | ||
| Q4 24 | 4.6% | 1.4% | ||
| Q3 24 | 5.8% | 1.2% | ||
| Q2 24 | 6.8% | 0.9% |
现金转化率MMLPSFIX
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.13× | — |
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
MMLP
| Specialty products | $61.6M | 33% |
| Transportation * | $52.8M | 28% |
| Other | $46.5M | 25% |
| Terminalling and storage * | $22.4M | 12% |
| Sulfur services | $4.4M | 2% |
SFIX
暂无分部数据
