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M&T Bank（MTB）与Roper Technologies（ROP）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Roper Technologies的1.2倍（$2.5B vs $2.1B），M&T Bank净利率更高（30.7% vs 15.8%，领先14.9%），Roper Technologies同比增速更快（11.3% vs 3.8%），过去两年Roper Technologies的营收复合增速更高（10.5% 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。
罗珀技术公司是一家专注于科技领域的控股企业，通过持有并运营多家不同细分赛道的科技公司，在科技产业投资与资产管理领域形成了成熟的业务体系，在全球相关市场具备较高的行业影响力。
MTB vs ROP — 直观对比
营收规模更大
MTB
是对方的1.2倍
$2.1B
营收增速更快
ROP
高出7.5%
3.8%
净利率更高
MTB
高出14.9%
15.8%
两年增速更快
ROP
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.5B | $2.1B |
| 净利润 | $759.0M | $331.0M |
| 毛利率 | — | 69.4% |
| 营业利润率 | 39.2% | 27.2% |
| 净利率 | 30.7% | 15.8% |
| 营收同比 | 3.8% | 11.3% |
| 净利润同比 | 11.5% | 53.7% |
| 每股收益（稀释后） | $4.62 | $4.87 |
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MTBROP
| Q1 26 | — | $2.1B | ||
| Q4 25 | $2.5B | $2.1B | ||
| Q3 25 | $2.5B | $2.0B | ||
| Q2 25 | $2.4B | $1.9B | ||
| Q1 25 | $2.3B | $1.9B | ||
| Q4 24 | $2.4B | $1.9B | ||
| Q3 24 | $2.3B | $1.8B | ||
| Q2 24 | $2.3B | $1.7B |
净利润MTBROP
| Q1 26 | — | $331.0M | ||
| Q4 25 | $759.0M | $428.4M | ||
| Q3 25 | $792.0M | $398.5M | ||
| Q2 25 | $716.0M | $378.3M | ||
| Q1 25 | $584.0M | $331.1M | ||
| Q4 24 | $681.0M | $462.3M | ||
| Q3 24 | $721.0M | $367.9M | ||
| Q2 24 | $655.0M | $337.1M |
毛利率MTBROP
| Q1 26 | — | 69.4% | ||
| Q4 25 | — | 69.5% | ||
| Q3 25 | — | 69.5% | ||
| Q2 25 | — | 69.2% | ||
| Q1 25 | — | 68.7% | ||
| Q4 24 | — | 68.3% | ||
| Q3 24 | — | 69.2% | ||
| Q2 24 | — | 69.5% |
营业利润率MTBROP
| Q1 26 | — | 27.2% | ||
| Q4 25 | 39.2% | 28.6% | ||
| Q3 25 | 40.8% | 28.4% | ||
| Q2 25 | 39.0% | 28.2% | ||
| Q1 25 | 33.0% | 27.9% | ||
| Q4 24 | 37.0% | 28.0% | ||
| Q3 24 | 39.0% | 28.1% | ||
| Q2 24 | 37.1% | 28.8% |
净利率MTBROP
| Q1 26 | — | 15.8% | ||
| Q4 25 | 30.7% | 20.8% | ||
| Q3 25 | 31.5% | 19.8% | ||
| Q2 25 | 29.9% | 19.5% | ||
| Q1 25 | 25.3% | 17.6% | ||
| Q4 24 | 28.6% | 24.6% | ||
| Q3 24 | 30.9% | 20.8% | ||
| Q2 24 | 28.5% | 19.6% |
每股收益（稀释后）MTBROP
| Q1 26 | — | $4.87 | ||
| Q4 25 | $4.62 | $3.97 | ||
| Q3 25 | $4.82 | $3.68 | ||
| Q2 25 | $4.24 | $3.49 | ||
| Q1 25 | $3.32 | $3.06 | ||
| Q4 24 | $3.87 | $4.29 | ||
| Q3 24 | $4.02 | $3.40 | ||
| Q2 24 | $3.73 | $3.12 |
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 | — | $382.9M |
| 总债务越低越好 | $10.9B | $9.7B |
| 股东权益账面价值 | $29.2B | $18.8B |
| 总资产 | $213.5B | $34.6B |
| 负债/权益比越低杠杆越低 | 0.37× | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资MTBROP
| Q1 26 | — | $382.9M | ||
| Q4 25 | — | $297.4M | ||
| Q3 25 | — | $320.0M | ||
| Q2 25 | — | $242.4M | ||
| Q1 25 | — | $372.8M | ||
| Q4 24 | — | $188.2M | ||
| Q3 24 | — | $269.6M | ||
| Q2 24 | — | $251.5M |
总债务MTBROP
| Q1 26 | — | $9.7B | ||
| Q4 25 | $10.9B | $9.3B | ||
| Q3 25 | $12.9B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $10.5B | — | ||
| Q4 24 | $12.6B | $7.6B | ||
| Q3 24 | $11.6B | — | ||
| Q2 24 | $11.3B | — |
股东权益MTBROP
| Q1 26 | — | $18.8B | ||
| Q4 25 | $29.2B | $19.9B | ||
| Q3 25 | $28.7B | $20.0B | ||
| Q2 25 | $28.5B | $19.6B | ||
| Q1 25 | $29.0B | $19.2B | ||
| Q4 24 | $29.0B | $18.9B | ||
| Q3 24 | $28.9B | $18.5B | ||
| Q2 24 | $28.4B | $18.1B |
总资产MTBROP
| Q1 26 | — | $34.6B | ||
| Q4 25 | $213.5B | $34.6B | ||
| Q3 25 | $211.3B | $34.6B | ||
| Q2 25 | $211.6B | $33.2B | ||
| Q1 25 | $210.3B | $31.4B | ||
| Q4 24 | $208.1B | $31.3B | ||
| Q3 24 | $211.8B | $31.6B | ||
| Q2 24 | $208.9B | $29.8B |
负债/权益比MTBROP
| Q1 26 | — | 0.52× | ||
| Q4 25 | 0.37× | 0.47× | ||
| Q3 25 | 0.45× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.43× | 0.40× | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.40× | — |
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 | — |
| 自由现金流经营现金流 - 资本支出 | — | $507.0M |
| 自由现金流率自由现金流/营收 | — | 24.2% |
| 资本支出强度资本支出/营收 | — | 0.5% |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流MTBROP
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $738.0M | ||
| Q3 25 | $1.0B | $869.5M | ||
| Q2 25 | $844.0M | $404.1M | ||
| Q1 25 | $635.0M | $528.7M | ||
| Q4 24 | $3.6B | $722.2M | ||
| Q3 24 | $-28.0M | $755.4M | ||
| Q2 24 | $1.4B | $384.1M |
自由现金流MTBROP
| Q1 26 | — | $507.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
自由现金流率MTBROP
| Q1 26 | — | 24.2% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
资本支出强度MTBROP
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金转化率MTBROP
| Q1 26 | — | — | ||
| Q4 25 | 3.96× | 1.72× | ||
| Q3 25 | 1.26× | 2.18× | ||
| Q2 25 | 1.18× | 1.07× | ||
| Q1 25 | 1.09× | 1.60× | ||
| Q4 24 | 5.30× | 1.56× | ||
| Q3 24 | -0.04× | 2.05× | ||
| Q2 24 | 2.07× | 1.14× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
