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MAXIMUS, INC.（MMS）与RPM INTERNATIONAL INC（RPM）财务数据对比。点击上方公司名可切换其他公司
RPM INTERNATIONAL INC的季度营收约是MAXIMUS, INC.的1.4倍（$1.9B vs $1.3B），RPM INTERNATIONAL INC净利率更高（8.4% vs 7.0%，领先1.5%），RPM INTERNATIONAL INC同比增速更快（3.5% vs -4.1%），RPM INTERNATIONAL INC自由现金流更多（$296.4M vs $-250.7M），过去两年RPM INTERNATIONAL INC的营收复合增速更高（12.0% vs -0.1%）
MAXIMUS是美国一家政府服务企业，业务覆盖美国、加拿大、英国等国家，为医疗补助、联邦医疗保险、医改、就业帮扶、学生贷款服务等各类政府项目提供行政及配套服务。公司总部位于弗吉尼亚州泰森斯，现有员工3.96万名，2024财年营收达53亿美元。
BVS娱乐前身为Saban制作、Saban国际及Saban娱乐，是华特迪士尼公司旗下子公司。1980年4月24日由哈伊姆·萨班与舒基·利维创立，最初主营音乐制作，后逐步转向电视节目制作发行业务，最为知名的是为Fox Family/ABC Family及已停播的Fox Kids、Jetix频道制作发行儿童节目。
MMS vs RPM — 直观对比
营收规模更大
RPM
是对方的1.4倍
$1.3B
营收增速更快
RPM
高出7.6%
-4.1%
净利率更高
RPM
高出1.5%
7.0%
自由现金流更多
RPM
多$547.0M
$-250.7M
两年增速更快
RPM
近两年复合增速
-0.1%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $1.9B |
| 净利润 | $93.9M | $161.2M |
| 毛利率 | 23.7% | 40.8% |
| 营业利润率 | 10.9% | 11.0% |
| 净利率 | 7.0% | 8.4% |
| 营收同比 | -4.1% | 3.5% |
| 净利润同比 | 128.0% | -12.0% |
| 每股收益（稀释后） | $1.70 | $1.26 |
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MMSRPM
| Q4 25 | $1.3B | $1.9B | ||
| Q3 25 | $1.3B | $2.1B | ||
| Q2 25 | $1.3B | $2.1B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $2.0B | ||
| Q2 24 | $1.3B | $2.0B | ||
| Q1 24 | $1.3B | $1.5B |
净利润MMSRPM
| Q4 25 | $93.9M | $161.2M | ||
| Q3 25 | $75.3M | $227.6M | ||
| Q2 25 | $106.0M | $225.8M | ||
| Q1 25 | $96.6M | $52.0M | ||
| Q4 24 | $41.2M | $183.2M | ||
| Q3 24 | $72.5M | $227.7M | ||
| Q2 24 | $89.8M | $180.6M | ||
| Q1 24 | $80.5M | $61.2M |
毛利率MMSRPM
| Q4 25 | 23.7% | 40.8% | ||
| Q3 25 | 25.3% | 42.3% | ||
| Q2 25 | 26.7% | 42.4% | ||
| Q1 25 | 24.9% | 38.4% | ||
| Q4 24 | 21.5% | 41.4% | ||
| Q3 24 | 22.9% | 42.5% | ||
| Q2 24 | 25.3% | 41.4% | ||
| Q1 24 | 23.6% | 39.9% |
营业利润率MMSRPM
| Q4 25 | 10.9% | 11.0% | ||
| Q3 25 | 9.3% | 14.1% | ||
| Q2 25 | 12.3% | 11.9% | ||
| Q1 25 | 11.2% | 2.8% | ||
| Q4 24 | 6.2% | 11.5% | ||
| Q3 24 | 8.5% | 14.8% | ||
| Q2 24 | 10.8% | 11.9% | ||
| Q1 24 | 9.5% | 5.5% |
净利率MMSRPM
| Q4 25 | 7.0% | 8.4% | ||
| Q3 25 | 5.7% | 10.8% | ||
| Q2 25 | 7.9% | 10.8% | ||
| Q1 25 | 7.1% | 3.5% | ||
| Q4 24 | 2.9% | 9.9% | ||
| Q3 24 | 5.5% | 11.6% | ||
| Q2 24 | 6.8% | 9.0% | ||
| Q1 24 | 6.0% | 4.0% |
每股收益（稀释后）MMSRPM
| Q4 25 | $1.70 | $1.26 | ||
| Q3 25 | $1.27 | $1.77 | ||
| Q2 25 | $1.86 | $1.76 | ||
| Q1 25 | $1.69 | $0.40 | ||
| Q4 24 | $0.69 | $1.42 | ||
| Q3 24 | $1.18 | $1.77 | ||
| Q2 24 | $1.46 | $1.40 | ||
| Q1 24 | $1.31 | $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 | $137.6M | $316.6M |
| 总债务越低越好 | — | $2.5B |
| 股东权益账面价值 | $1.7B | $3.1B |
| 总资产 | $4.2B | $7.9B |
| 负债/权益比越低杠杆越低 | — | 0.80× |
8季度趋势，按日历期对齐
现金及短期投资MMSRPM
| Q4 25 | $137.6M | $316.6M | ||
| Q3 25 | $222.4M | $297.1M | ||
| Q2 25 | $59.8M | $302.1M | ||
| Q1 25 | $108.1M | $241.9M | ||
| Q4 24 | $72.7M | $268.7M | ||
| Q3 24 | $183.1M | $231.6M | ||
| Q2 24 | $102.8M | $237.4M | ||
| Q1 24 | $77.4M | $248.9M |
总债务MMSRPM
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.7B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.2B |
股东权益MMSRPM
| Q4 25 | $1.7B | $3.1B | ||
| Q3 25 | $1.7B | $3.1B | ||
| Q2 25 | $1.8B | $2.9B | ||
| Q1 25 | $1.7B | $2.7B | ||
| Q4 24 | $1.6B | $2.7B | ||
| Q3 24 | $1.8B | $2.6B | ||
| Q2 24 | $1.8B | $2.5B | ||
| Q1 24 | $1.8B | $2.3B |
总资产MMSRPM
| Q4 25 | $4.2B | $7.9B | ||
| Q3 25 | $4.1B | $7.9B | ||
| Q2 25 | $4.5B | $7.8B | ||
| Q1 25 | $4.2B | $6.6B | ||
| Q4 24 | $4.1B | $6.7B | ||
| Q3 24 | $4.1B | $6.6B | ||
| Q2 24 | $4.0B | $6.6B | ||
| Q1 24 | $4.0B | $6.4B |
负债/权益比MMSRPM
| Q4 25 | — | 0.80× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 0.91× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.79× | ||
| Q1 24 | — | 0.93× |
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 | $-244.4M | $345.7M |
| 自由现金流经营现金流 - 资本支出 | $-250.7M | $296.4M |
| 自由现金流率自由现金流/营收 | -18.6% | 15.5% |
| 资本支出强度资本支出/营收 | 0.5% | 2.6% |
| 现金转化率经营现金流/净利润 | -2.60× | 2.14× |
| 过去12个月自由现金流最近4个季度 | $218.5M | $582.9M |
8季度趋势，按日历期对齐
经营现金流MMSRPM
| Q4 25 | $-244.4M | $345.7M | ||
| Q3 25 | $649.4M | $237.5M | ||
| Q2 25 | $-182.7M | $149.2M | ||
| Q1 25 | $42.7M | $91.5M | ||
| Q4 24 | $-80.0M | $279.4M | ||
| Q3 24 | $163.8M | $248.1M | ||
| Q2 24 | $199.3M | $181.2M | ||
| Q1 24 | $130.5M | $173.4M |
自由现金流MMSRPM
| Q4 25 | $-250.7M | $296.4M | ||
| Q3 25 | $641.8M | $175.0M | ||
| Q2 25 | $-198.2M | $78.2M | ||
| Q1 25 | $25.5M | $33.3M | ||
| Q4 24 | $-103.0M | $229.5M | ||
| Q3 24 | $131.9M | $197.3M | ||
| Q2 24 | $164.6M | $105.3M | ||
| Q1 24 | $105.2M | $124.6M |
自由现金流率MMSRPM
| Q4 25 | -18.6% | 15.5% | ||
| Q3 25 | 48.7% | 8.3% | ||
| Q2 25 | -14.7% | 3.8% | ||
| Q1 25 | 1.9% | 2.3% | ||
| Q4 24 | -7.3% | 12.4% | ||
| Q3 24 | 10.0% | 10.0% | ||
| Q2 24 | 12.5% | 5.2% | ||
| Q1 24 | 7.8% | 8.2% |
资本支出强度MMSRPM
| Q4 25 | 0.5% | 2.6% | ||
| Q3 25 | 0.6% | 3.0% | ||
| Q2 25 | 1.1% | 3.4% | ||
| Q1 25 | 1.3% | 3.9% | ||
| Q4 24 | 1.6% | 2.7% | ||
| Q3 24 | 2.4% | 2.6% | ||
| Q2 24 | 2.6% | 3.8% | ||
| Q1 24 | 1.9% | 3.2% |
现金转化率MMSRPM
| Q4 25 | -2.60× | 2.14× | ||
| Q3 25 | 8.63× | 1.04× | ||
| Q2 25 | -1.72× | 0.66× | ||
| Q1 25 | 0.44× | 1.76× | ||
| Q4 24 | -1.94× | 1.53× | ||
| Q3 24 | 2.26× | 1.09× | ||
| Q2 24 | 2.22× | 1.00× | ||
| Q1 24 | 1.62× | 2.83× |
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
MMS
| Clinical Services | $523.7M | 39% |
| Cost Plus Contracts | $386.4M | 29% |
| Outside The United States | $143.2M | 11% |
| International Government Agencies | $141.0M | 10% |
| Technology Solutions | $74.8M | 6% |
| Employment And Other | $70.2M | 5% |
| Other Including Local Municipalities And Commercial Customers | $17.6M | 1% |
RPM
| Construction Products Group Segment | $737.4M | 39% |
| Consumer Segment | $638.6M | 33% |
| Performance Coatings Group Segment | $533.8M | 28% |
