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M&T Bank（MTB）与豪士科（OSK）财务数据对比。点击上方公司名可切换其他公司
豪士科的季度营收约是M&T Bank的1.1倍（$2.7B vs $2.5B），M&T Bank净利率更高（30.7% vs 5.0%，领先25.7%），M&T Bank同比增速更快（3.8% vs 3.5%），过去两年M&T Bank的营收复合增速更高（4.6% vs 2.8%）
M&T银行是总部位于美国纽约州布法罗的银行控股企业，业务覆盖美国东部从缅因州到弗吉尼亚州的12个州及华盛顿特区，运营超过950家线下网点。其控股主体1998年5月前名为第一帝国州公司，之后更为现名。
豪士科（原称豪士科卡车）是美国知名工业企业，主营特种卡车、军用车辆、机场消防设备、高空作业设备等产品的设计与制造。旗下拥有威斯康星州的消防车制造商Pierce Manufacturing，以及生产各类升降作业设备的JLG工业公司。
MTB vs OSK — 直观对比
营收规模更大
OSK
是对方的1.1倍
$2.5B
营收增速更快
MTB
高出0.3%
3.5%
净利率更高
MTB
高出25.7%
5.0%
两年增速更快
MTB
近两年复合增速
2.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $2.7B |
| 净利润 | $759.0M | $133.8M |
| 毛利率 | — | 15.8% |
| 营业利润率 | 39.2% | 7.9% |
| 净利率 | 30.7% | 5.0% |
| 营收同比 | 3.8% | 3.5% |
| 净利润同比 | 11.5% | -12.6% |
| 每股收益（稀释后） | $4.62 | — |
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MTBOSK
| Q4 25 | $2.5B | $2.7B | ||
| Q3 25 | $2.5B | $2.7B | ||
| Q2 25 | $2.4B | $2.7B | ||
| Q1 25 | $2.3B | $2.3B | ||
| Q4 24 | $2.4B | $2.6B | ||
| Q3 24 | $2.3B | $2.7B | ||
| Q2 24 | $2.3B | $2.8B | ||
| Q1 24 | $2.3B | $2.5B |
净利润MTBOSK
| Q4 25 | $759.0M | $133.8M | ||
| Q3 25 | $792.0M | $196.2M | ||
| Q2 25 | $716.0M | $204.8M | ||
| Q1 25 | $584.0M | $112.2M | ||
| Q4 24 | $681.0M | $153.1M | ||
| Q3 24 | $721.0M | $180.3M | ||
| Q2 24 | $655.0M | $168.6M | ||
| Q1 24 | $531.0M | $179.4M |
毛利率MTBOSK
| Q4 25 | — | 15.8% | ||
| Q3 25 | — | 17.5% | ||
| Q2 25 | — | 19.2% | ||
| Q1 25 | — | 17.3% | ||
| Q4 24 | — | 17.2% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 19.2% | ||
| Q1 24 | — | 18.5% |
营业利润率MTBOSK
| Q4 25 | 39.2% | 7.9% | ||
| Q3 25 | 40.8% | 9.7% | ||
| Q2 25 | 39.0% | 10.7% | ||
| Q1 25 | 33.0% | 7.6% | ||
| Q4 24 | 37.0% | 8.6% | ||
| Q3 24 | 39.0% | 9.7% | ||
| Q2 24 | 37.1% | 9.2% | ||
| Q1 24 | 29.4% | 10.2% |
净利率MTBOSK
| Q4 25 | 30.7% | 5.0% | ||
| Q3 25 | 31.5% | 7.3% | ||
| Q2 25 | 29.9% | 7.5% | ||
| Q1 25 | 25.3% | 4.9% | ||
| Q4 24 | 28.6% | 5.9% | ||
| Q3 24 | 30.9% | 6.6% | ||
| Q2 24 | 28.5% | 5.9% | ||
| Q1 24 | 23.5% | 7.1% |
每股收益（稀释后）MTBOSK
| Q4 25 | $4.62 | — | ||
| Q3 25 | $4.82 | — | ||
| Q2 25 | $4.24 | — | ||
| Q1 25 | $3.32 | — | ||
| Q4 24 | $3.87 | — | ||
| Q3 24 | $4.02 | — | ||
| Q2 24 | $3.73 | — | ||
| Q1 24 | $3.02 | — |
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 | — | $479.8M |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $29.2B | $4.5B |
| 总资产 | $213.5B | $10.1B |
| 负债/权益比越低杠杆越低 | 0.37× | — |
8季度趋势，按日历期对齐
现金及短期投资MTBOSK
| Q4 25 | — | $479.8M | ||
| Q3 25 | — | $211.8M | ||
| Q2 25 | — | $191.7M | ||
| Q1 25 | — | $210.3M | ||
| Q4 24 | — | $204.9M | ||
| Q3 24 | — | $160.9M | ||
| Q2 24 | — | $141.4M | ||
| Q1 24 | — | $69.9M |
总债务MTBOSK
| Q4 25 | $10.9B | — | ||
| Q3 25 | $12.9B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $10.5B | — | ||
| Q4 24 | $12.6B | — | ||
| Q3 24 | $11.6B | $602.3M | ||
| Q2 24 | $11.3B | $599.1M | ||
| Q1 24 | $11.4B | $598.9M |
股东权益MTBOSK
| Q4 25 | $29.2B | $4.5B | ||
| Q3 25 | $28.7B | $4.5B | ||
| Q2 25 | $28.5B | $4.5B | ||
| Q1 25 | $29.0B | $4.2B | ||
| Q4 24 | $29.0B | $4.2B | ||
| Q3 24 | $28.9B | $4.1B | ||
| Q2 24 | $28.4B | $3.9B | ||
| Q1 24 | $27.2B | $3.8B |
总资产MTBOSK
| Q4 25 | $213.5B | $10.1B | ||
| Q3 25 | $211.3B | $9.8B | ||
| Q2 25 | $211.6B | $10.0B | ||
| Q1 25 | $210.3B | $9.8B | ||
| Q4 24 | $208.1B | $9.4B | ||
| Q3 24 | $211.8B | $9.9B | ||
| Q2 24 | $208.9B | $9.7B | ||
| Q1 24 | $215.1B | $9.5B |
负债/权益比MTBOSK
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.40× | 0.15× | ||
| Q2 24 | 0.40× | 0.15× | ||
| Q1 24 | 0.42× | 0.16× |
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 | $3.0B | $600.1M |
| 自由现金流经营现金流 - 资本支出 | — | $540.3M |
| 自由现金流率自由现金流/营收 | — | 20.1% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | 3.96× | 4.49× |
| 过去12个月自由现金流最近4个季度 | — | $618.0M |
8季度趋势，按日历期对齐
经营现金流MTBOSK
| Q4 25 | $3.0B | $600.1M | ||
| Q3 25 | $1.0B | $489.0M | ||
| Q2 25 | $844.0M | $89.2M | ||
| Q1 25 | $635.0M | $-394.9M | ||
| Q4 24 | $3.6B | $790.8M | ||
| Q3 24 | $-28.0M | $326.1M | ||
| Q2 24 | $1.4B | $-211.0M | ||
| Q1 24 | $608.0M | $-355.8M |
自由现金流MTBOSK
| Q4 25 | — | $540.3M | ||
| Q3 25 | — | $464.3M | ||
| Q2 25 | — | $48.6M | ||
| Q1 25 | — | $-435.2M | ||
| Q4 24 | — | $703.3M | ||
| Q3 24 | — | $272.2M | ||
| Q2 24 | — | $-250.5M | ||
| Q1 24 | — | $-455.9M |
自由现金流率MTBOSK
| Q4 25 | — | 20.1% | ||
| Q3 25 | — | 17.3% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | -18.8% | ||
| Q4 24 | — | 27.1% | ||
| Q3 24 | — | 9.9% | ||
| Q2 24 | — | -8.8% | ||
| Q1 24 | — | -17.9% |
资本支出强度MTBOSK
| Q4 25 | — | 2.2% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | — | 1.7% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | 1.4% | ||
| Q1 24 | — | 3.9% |
现金转化率MTBOSK
| Q4 25 | 3.96× | 4.49× | ||
| Q3 25 | 1.26× | 2.49× | ||
| Q2 25 | 1.18× | 0.44× | ||
| Q1 25 | 1.09× | -3.52× | ||
| Q4 24 | 5.30× | 5.17× | ||
| Q3 24 | -0.04× | 1.81× | ||
| Q2 24 | 2.07× | -1.25× | ||
| Q1 24 | 1.15× | -1.98× |
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
MTB
暂无分部数据
OSK
| Vocational Segment | $922.4M | 34% |
| Aerial Works Platforms | $548.6M | 20% |
| Other Access Equipment | $311.8M | 12% |
| Telehandlers | $311.2M | 12% |
| Airport Products | $252.7M | 9% |
| Delivery Vehicles | $165.0M | 6% |
| Other Vocational | $130.7M | 5% |
| Transferred Over Time | $23.5M | 1% |
