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M&T Bank（MTB）与ROKU, INC（ROKU）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ROKU, INC的1.8倍（$2.5B vs $1.4B），M&T Bank净利率更高（30.7% vs 5.8%，领先24.9%），ROKU, INC同比增速更快（16.1% vs 3.8%），过去两年ROKU, INC的营收复合增速更高（25.8% vs 4.6%）
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。
Roku是美国流媒体技术企业，2002年由安东尼·伍德创立，主营数字媒体播放器、电视硬件生产，流媒体内容分发及平台广告运营。截至2024年覆盖用户达1.45亿，是美国流媒体视频分发领域的市场领导者，业务覆盖澳、加、法、德、英及拉美多国。
MTB vs ROKU — 直观对比
营收规模更大
MTB
是对方的1.8倍
$1.4B
营收增速更快
ROKU
高出12.4%
3.8%
净利率更高
MTB
高出24.9%
5.8%
两年增速更快
ROKU
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $1.4B |
| 净利润 | $759.0M | $80.5M |
| 毛利率 | — | 43.5% |
| 营业利润率 | 39.2% | 4.7% |
| 净利率 | 30.7% | 5.8% |
| 营收同比 | 3.8% | 16.1% |
| 净利润同比 | 11.5% | 326.4% |
| 每股收益（稀释后） | $4.62 | $0.55 |
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MTBROKU
| Q4 25 | $2.5B | $1.4B | ||
| Q3 25 | $2.5B | $1.2B | ||
| Q2 25 | $2.4B | $1.1B | ||
| Q1 25 | $2.3B | $1.0B | ||
| Q4 24 | $2.4B | $1.2B | ||
| Q3 24 | $2.3B | $1.1B | ||
| Q2 24 | $2.3B | $968.2M | ||
| Q1 24 | $2.3B | $881.5M |
净利润MTBROKU
| Q4 25 | $759.0M | $80.5M | ||
| Q3 25 | $792.0M | $24.8M | ||
| Q2 25 | $716.0M | $10.5M | ||
| Q1 25 | $584.0M | $-27.4M | ||
| Q4 24 | $681.0M | $-35.5M | ||
| Q3 24 | $721.0M | $-9.0M | ||
| Q2 24 | $655.0M | $-34.0M | ||
| Q1 24 | $531.0M | $-50.9M |
毛利率MTBROKU
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 43.6% | ||
| Q4 24 | — | 42.7% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | — | 43.9% | ||
| Q1 24 | — | 44.1% |
营业利润率MTBROKU
| Q4 25 | 39.2% | 4.7% | ||
| Q3 25 | 40.8% | 0.8% | ||
| Q2 25 | 39.0% | -2.1% | ||
| Q1 25 | 33.0% | -5.7% | ||
| Q4 24 | 37.0% | -3.3% | ||
| Q3 24 | 39.0% | -3.4% | ||
| Q2 24 | 37.1% | -7.4% | ||
| Q1 24 | 29.4% | -8.2% |
净利率MTBROKU
| Q4 25 | 30.7% | 5.8% | ||
| Q3 25 | 31.5% | 2.0% | ||
| Q2 25 | 29.9% | 0.9% | ||
| Q1 25 | 25.3% | -2.7% | ||
| Q4 24 | 28.6% | -3.0% | ||
| Q3 24 | 30.9% | -0.9% | ||
| Q2 24 | 28.5% | -3.5% | ||
| Q1 24 | 23.5% | -5.8% |
每股收益（稀释后）MTBROKU
| Q4 25 | $4.62 | $0.55 | ||
| Q3 25 | $4.82 | $0.16 | ||
| Q2 25 | $4.24 | $0.07 | ||
| Q1 25 | $3.32 | $-0.19 | ||
| Q4 24 | $3.87 | $-0.24 | ||
| Q3 24 | $4.02 | $-0.06 | ||
| Q2 24 | $3.73 | $-0.24 | ||
| Q1 24 | $3.02 | $-0.35 |
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 | — | $2.3B |
| 总债务越低越好 | $10.9B | — |
| 股东权益账面价值 | $29.2B | $2.7B |
| 总资产 | $213.5B | $4.4B |
| 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MTBROKU
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.1B | ||
| Q1 24 | — | $2.1B |
总债务MTBROKU
| 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 | — | ||
| Q1 24 | $11.4B | — |
股东权益MTBROKU
| Q4 25 | $29.2B | $2.7B | ||
| Q3 25 | $28.7B | $2.6B | ||
| Q2 25 | $28.5B | $2.6B | ||
| Q1 25 | $29.0B | $2.5B | ||
| Q4 24 | $29.0B | $2.5B | ||
| Q3 24 | $28.9B | $2.5B | ||
| Q2 24 | $28.4B | $2.4B | ||
| Q1 24 | $27.2B | $2.4B |
总资产MTBROKU
| Q4 25 | $213.5B | $4.4B | ||
| Q3 25 | $211.3B | $4.4B | ||
| Q2 25 | $211.6B | $4.3B | ||
| Q1 25 | $210.3B | $4.2B | ||
| Q4 24 | $208.1B | $4.3B | ||
| Q3 24 | $211.8B | $4.3B | ||
| Q2 24 | $208.9B | $4.1B | ||
| Q1 24 | $215.1B | $4.2B |
负债/权益比MTBROKU
| 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× | — | ||
| Q1 24 | 0.42× | — |
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 | $107.7M |
| 自由现金流经营现金流 - 资本支出 | — | $106.6M |
| 自由现金流率自由现金流/营收 | — | 7.6% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 3.96× | 1.34× |
| 过去12个月自由现金流最近4个季度 | — | $478.4M |
8季度趋势，按日历期对齐
经营现金流MTBROKU
| Q4 25 | $3.0B | $107.7M | ||
| Q3 25 | $1.0B | $127.6M | ||
| Q2 25 | $844.0M | $109.7M | ||
| Q1 25 | $635.0M | $138.7M | ||
| Q4 24 | $3.6B | $79.3M | ||
| Q3 24 | $-28.0M | $68.7M | ||
| Q2 24 | $1.4B | $23.4M | ||
| Q1 24 | $608.0M | $46.7M |
自由现金流MTBROKU
| Q4 25 | — | $106.6M | ||
| Q3 25 | — | $126.5M | ||
| Q2 25 | — | $108.6M | ||
| Q1 25 | — | $136.8M | ||
| Q4 24 | — | $76.8M | ||
| Q3 24 | — | $67.6M | ||
| Q2 24 | — | $22.5M | ||
| Q1 24 | — | $46.0M |
自由现金流率MTBROKU
| Q4 25 | — | 7.6% | ||
| Q3 25 | — | 10.4% | ||
| Q2 25 | — | 9.8% | ||
| Q1 25 | — | 13.4% | ||
| Q4 24 | — | 6.4% | ||
| Q3 24 | — | 6.4% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | 5.2% |
资本支出强度MTBROKU
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | — | 0.1% |
现金转化率MTBROKU
| Q4 25 | 3.96× | 1.34× | ||
| Q3 25 | 1.26× | 5.14× | ||
| Q2 25 | 1.18× | 10.45× | ||
| 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
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
