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M&T Bank（MTB）与Rivian Automotive, Inc.（RIVN）财务数据对比。点击上方公司名可切换其他公司
M&T Bank的季度营收约是Rivian Automotive, Inc.的1.9倍（$2.5B vs $1.3B），M&T Bank净利率更高（30.7% vs -63.1%，领先93.7%），M&T Bank同比增速更快（3.8% vs -25.8%），过去两年M&T Bank的营收复合增速更高（4.6% vs 3.3%）
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。
Rivian Automotive是2009年成立的美国电动汽车制造商及汽车科技企业，主打基于自研滑板平台打造的电动SUV、皮卡及EDV电动配送货车，旗下R1T皮卡于2021年末正式开启交付，还计划于2023年底前在美国和加拿大布局专属充电网络，其平台可适配新车型也可对外授权使用。
MTB vs RIVN — 直观对比
营收规模更大
MTB
是对方的1.9倍
$1.3B
营收增速更快
MTB
高出29.6%
-25.8%
净利率更高
MTB
高出93.7%
-63.1%
两年增速更快
MTB
近两年复合增速
3.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.3B |
| 净利润 | $759.0M | $-811.0M |
| 毛利率 | — | 9.3% |
| 营业利润率 | 39.2% | -64.8% |
| 净利率 | 30.7% | -63.1% |
| 营收同比 | 3.8% | -25.8% |
| 净利润同比 | 11.5% | -9.0% |
| 每股收益（稀释后） | $4.62 | $-0.66 |
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MTBRIVN
| Q4 25 | $2.5B | $1.3B | ||
| Q3 25 | $2.5B | $1.6B | ||
| Q2 25 | $2.4B | $1.3B | ||
| Q1 25 | $2.3B | $1.2B | ||
| Q4 24 | $2.4B | $1.7B | ||
| Q3 24 | $2.3B | $874.0M | ||
| Q2 24 | $2.3B | $1.2B | ||
| Q1 24 | $2.3B | $1.2B |
净利润MTBRIVN
| Q4 25 | $759.0M | $-811.0M | ||
| Q3 25 | $792.0M | $-1.2B | ||
| Q2 25 | $716.0M | $-1.1B | ||
| Q1 25 | $584.0M | $-545.0M | ||
| Q4 24 | $681.0M | $-744.0M | ||
| Q3 24 | $721.0M | $-1.1B | ||
| Q2 24 | $655.0M | $-1.5B | ||
| Q1 24 | $531.0M | $-1.4B |
毛利率MTBRIVN
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 1.5% | ||
| Q2 25 | — | -15.8% | ||
| Q1 25 | — | 16.6% | ||
| Q4 24 | — | 9.8% | ||
| Q3 24 | — | -44.9% | ||
| Q2 24 | — | -38.9% | ||
| Q1 24 | — | -43.8% |
营业利润率MTBRIVN
| Q4 25 | 39.2% | -64.8% | ||
| Q3 25 | 40.8% | -63.1% | ||
| Q2 25 | 39.0% | -85.5% | ||
| Q1 25 | 33.0% | -52.8% | ||
| Q4 24 | 37.0% | -38.1% | ||
| Q3 24 | 39.0% | -133.8% | ||
| Q2 24 | 37.1% | -118.7% | ||
| Q1 24 | 29.4% | -123.3% |
净利率MTBRIVN
| Q4 25 | 30.7% | -63.1% | ||
| Q3 25 | 31.5% | -75.3% | ||
| Q2 25 | 29.9% | -85.7% | ||
| Q1 25 | 25.3% | -44.0% | ||
| Q4 24 | 28.6% | -42.9% | ||
| Q3 24 | 30.9% | -125.9% | ||
| Q2 24 | 28.5% | -125.8% | ||
| Q1 24 | 23.5% | -120.1% |
每股收益（稀释后）MTBRIVN
| Q4 25 | $4.62 | $-0.66 | ||
| Q3 25 | $4.82 | $-0.96 | ||
| Q2 25 | $4.24 | $-0.97 | ||
| Q1 25 | $3.32 | $-0.48 | ||
| Q4 24 | $3.87 | $-0.67 | ||
| Q3 24 | $4.02 | $-1.08 | ||
| Q2 24 | $3.73 | $-1.46 | ||
| Q1 24 | $3.02 | $-1.48 |
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 | — | $6.1B |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $29.2B | $4.6B |
| 总资产 | $213.5B | $14.9B |
| 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MTBRIVN
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $7.1B | ||
| Q2 25 | — | $7.5B | ||
| Q1 25 | — | $7.2B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $6.7B | ||
| Q2 24 | — | $7.9B | ||
| Q1 24 | — | $7.9B |
总债务MTBRIVN
| Q4 25 | $10.9B | — | ||
| Q3 25 | $12.9B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $10.5B | — | ||
| Q4 24 | $12.6B | — | ||
| Q3 24 | $11.6B | — | ||
| Q2 24 | $11.3B | $5.5B | ||
| Q1 24 | $11.4B | $4.4B |
股东权益MTBRIVN
| Q4 25 | $29.2B | $4.6B | ||
| Q3 25 | $28.7B | $5.1B | ||
| Q2 25 | $28.5B | $6.1B | ||
| Q1 25 | $29.0B | $6.2B | ||
| Q4 24 | $29.0B | $6.6B | ||
| Q3 24 | $28.9B | $5.9B | ||
| Q2 24 | $28.4B | $6.8B | ||
| Q1 24 | $27.2B | $8.1B |
总资产MTBRIVN
| Q4 25 | $213.5B | $14.9B | ||
| Q3 25 | $211.3B | $15.2B | ||
| Q2 25 | $211.6B | $15.6B | ||
| Q1 25 | $210.3B | $15.5B | ||
| Q4 24 | $208.1B | $15.4B | ||
| Q3 24 | $211.8B | $14.3B | ||
| Q2 24 | $208.9B | $15.4B | ||
| Q1 24 | $215.1B | $15.7B |
负债/权益比MTBRIVN
| Q4 25 | 0.37× | — | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.40× | 0.81× | ||
| Q1 24 | 0.42× | 0.55× |
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 | $-681.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-1.1B |
| 自由现金流率自由现金流/营收 | — | -89.0% |
| 资本支出强度资本支出/营收 | — | 36.0% |
| 现金转化率经营现金流/净利润 | 3.96× | — |
| 过去12个月自由现金流最近4个季度 | — | $-2.5B |
8季度趋势，按日历期对齐
经营现金流MTBRIVN
| Q4 25 | $3.0B | $-681.0M | ||
| Q3 25 | $1.0B | $26.0M | ||
| Q2 25 | $844.0M | $64.0M | ||
| Q1 25 | $635.0M | $-188.0M | ||
| Q4 24 | $3.6B | $1.2B | ||
| Q3 24 | $-28.0M | $-876.0M | ||
| Q2 24 | $1.4B | $-754.0M | ||
| Q1 24 | $608.0M | $-1.3B |
自由现金流MTBRIVN
| Q4 25 | — | $-1.1B | ||
| Q3 25 | — | $-421.0M | ||
| Q2 25 | — | $-398.0M | ||
| Q1 25 | — | $-526.0M | ||
| Q4 24 | — | $856.0M | ||
| Q3 24 | — | $-1.2B | ||
| Q2 24 | — | $-1.0B | ||
| Q1 24 | — | $-1.5B |
自由现金流率MTBRIVN
| Q4 25 | — | -89.0% | ||
| Q3 25 | — | -27.0% | ||
| Q2 25 | — | -30.5% | ||
| Q1 25 | — | -42.4% | ||
| Q4 24 | — | 49.4% | ||
| Q3 24 | — | -131.9% | ||
| Q2 24 | — | -89.6% | ||
| Q1 24 | — | -126.5% |
资本支出强度MTBRIVN
| Q4 25 | — | 36.0% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 35.5% | ||
| Q1 25 | — | 27.3% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 31.7% | ||
| Q2 24 | — | 24.4% | ||
| Q1 24 | — | 21.1% |
现金转化率MTBRIVN
| Q4 25 | 3.96× | — | ||
| Q3 25 | 1.26× | — | ||
| Q2 25 | 1.18× | — | ||
| Q1 25 | 1.09× | — | ||
| Q4 24 | 5.30× | — | ||
| Q3 24 | -0.04× | — | ||
| Q2 24 | 2.07× | — | ||
| Q1 24 | 1.15× | — |
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
RIVN
| Automotive Segment | $839.0M | 65% |
| Software And Services Segment | $447.0M | 35% |
| Regulatory Credits | $30.0M | 2% |
