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MARTEN TRANSPORT LTD（MRTN）与世纪互联（VNET）财务数据对比。点击上方公司名可切换其他公司
世纪互联的季度营收约是MARTEN TRANSPORT LTD的1.7倍（$362.7M vs $210.1M），MARTEN TRANSPORT LTD净利率更高（1.8% vs -10.7%，领先12.4%），过去两年世纪互联的营收复合增速更高（17.4% vs -8.3%）
Marten Transport Ltd是一家总部位于美国威斯康星州蒙多维的公路货运企业，主营业务覆盖美国、加拿大和墨西哥地区，提供冷藏货运和干货厢式货运服务。
VNET Group即世纪互联，是中国领先的第三方中立数据中心服务商，提供机柜托管、云基础设施、混合云部署及网络管理等解决方案，服务覆盖科技、金融、零售等多领域企业客户，为企业数字化运营提供稳定的算力与网络支撑。
MRTN vs VNET — 直观对比
营收规模更大
VNET
是对方的1.7倍
$210.1M
净利率更高
MRTN
高出12.4%
-10.7%
两年增速更快
VNET
近两年复合增速
-8.3%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $210.1M | $362.7M |
| 净利润 | $3.7M | $-38.7M |
| 毛利率 | — | 20.9% |
| 营业利润率 | 2.2% | 0.5% |
| 净利率 | 1.8% | -10.7% |
| 营收同比 | -8.8% | — |
| 净利润同比 | -34.4% | — |
| 每股收益（稀释后） | $0.04 | — |
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MRTNVNET
| Q4 25 | $210.1M | — | ||
| Q3 25 | $220.5M | $362.7M | ||
| Q2 25 | $229.9M | — | ||
| Q1 25 | $223.2M | $309.5M | ||
| Q4 24 | $230.4M | — | ||
| Q3 24 | $237.4M | $302.2M | ||
| Q2 24 | $246.2M | $274.4M | ||
| Q1 24 | $249.7M | $262.9M |
净利润MRTNVNET
| Q4 25 | $3.7M | — | ||
| Q3 25 | $2.2M | $-38.7M | ||
| Q2 25 | $7.2M | — | ||
| Q1 25 | $4.3M | $-2.4M | ||
| Q4 24 | $5.6M | — | ||
| Q3 24 | $3.8M | $-2.1M | ||
| Q2 24 | $7.9M | $-1.1M | ||
| Q1 24 | $9.6M | $-22.0M |
毛利率MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 20.9% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 25.2% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 23.2% | ||
| Q2 24 | — | 21.3% | ||
| Q1 24 | — | 21.6% |
营业利润率MRTNVNET
| Q4 25 | 2.2% | — | ||
| Q3 25 | 1.2% | 0.5% | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | 2.6% | 0.1% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.8% | 24.5% | ||
| Q2 24 | 4.1% | 0.2% | ||
| Q1 24 | 4.9% | 0.2% |
净利率MRTNVNET
| Q4 25 | 1.8% | — | ||
| Q3 25 | 1.0% | -10.7% | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.9% | -0.8% | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 1.6% | -0.7% | ||
| Q2 24 | 3.2% | -0.4% | ||
| Q1 24 | 3.9% | -8.4% |
每股收益（稀释后）MRTNVNET
| Q4 25 | $0.04 | — | ||
| Q3 25 | $0.03 | — | ||
| Q2 25 | $0.09 | — | ||
| Q1 25 | $0.05 | — | ||
| Q4 24 | $0.06 | — | ||
| Q3 24 | $0.05 | — | ||
| Q2 24 | $0.10 | — | ||
| Q1 24 | $0.12 | — |
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 | $43.3M | $492.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $767.6M | $890.8M |
| 总资产 | $949.8M | $6.1B |
| 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MRTNVNET
| Q4 25 | $43.3M | — | ||
| Q3 25 | $49.5M | $492.1M | ||
| Q2 25 | $35.1M | — | ||
| Q1 25 | $39.9M | $544.3M | ||
| Q4 24 | $17.3M | — | ||
| Q3 24 | $43.0M | $219.5M | ||
| Q2 24 | $77.2M | $247.2M | ||
| Q1 24 | $73.7M | $246.9M |
总债务MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益MRTNVNET
| Q4 25 | $767.6M | — | ||
| Q3 25 | $768.2M | $890.8M | ||
| Q2 25 | $770.7M | — | ||
| Q1 25 | $767.5M | $927.8M | ||
| Q4 24 | $767.9M | — | ||
| Q3 24 | $766.5M | $902.9M | ||
| Q2 24 | $766.8M | $900.6M | ||
| Q1 24 | $762.4M | $895.1M |
总资产MRTNVNET
| Q4 25 | $949.8M | — | ||
| Q3 25 | $975.7M | $6.1B | ||
| Q2 25 | $991.8M | — | ||
| Q1 25 | $983.3M | $5.4B | ||
| Q4 24 | $968.8M | — | ||
| Q3 24 | $1.0B | $4.3B | ||
| Q2 24 | $1.0B | $4.0B | ||
| Q1 24 | $993.0M | $3.9B |
负债/权益比MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.28× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $5.6M | $113.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-193.1M |
| 自由现金流率自由现金流/营收 | — | -53.2% |
| 资本支出强度资本支出/营收 | — | 84.6% |
| 现金转化率经营现金流/净利润 | 1.51× | — |
| 过去12个月自由现金流最近4个季度 | — | $-589.7M |
8季度趋势，按日历期对齐
经营现金流MRTNVNET
| Q4 25 | $5.6M | — | ||
| Q3 25 | $18.5M | $113.8M | ||
| Q2 25 | $33.2M | — | ||
| Q1 25 | $36.2M | $27.0M | ||
| Q4 24 | $23.8M | — | ||
| Q3 24 | $29.5M | $108.3M | ||
| Q2 24 | $35.8M | $55.8M | ||
| Q1 24 | $45.7M | $37.1M |
自由现金流MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | $-193.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-220.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-95.0M | ||
| Q2 24 | — | $-81.6M | ||
| Q1 24 | — | $-102.2M |
自由现金流率MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | -53.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -71.1% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -31.4% | ||
| Q2 24 | — | -29.8% | ||
| Q1 24 | — | -38.9% |
资本支出强度MRTNVNET
| Q4 25 | — | — | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 79.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 67.3% | ||
| Q2 24 | — | 50.1% | ||
| Q1 24 | — | 53.0% |
现金转化率MRTNVNET
| Q4 25 | 1.51× | — | ||
| Q3 25 | 8.33× | — | ||
| Q2 25 | 4.61× | — | ||
| Q1 25 | 8.35× | — | ||
| Q4 24 | 4.22× | — | ||
| Q3 24 | 7.85× | — | ||
| Q2 24 | 4.54× | — | ||
| Q1 24 | 4.74× | — |
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
MRTN
| Revenue Net Of Fuel Surcharge | $91.2M | 43% |
| Dedicated | $65.9M | 31% |
| Brokerage | $38.2M | 18% |
| Truckload Fuel Surcharge Revenue | $14.8M | 7% |
| Fuel Surcharge Revenue | $9.8M | 5% |
VNET
暂无分部数据
