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梅特勒-托利多（MTD）与ROKU, INC（ROKU）财务数据对比。点击上方公司名可切换其他公司
ROKU, INC的季度营收约是梅特勒-托利多的1.2倍（$1.4B vs $1.1B），梅特勒-托利多净利率更高（25.3% vs 5.8%，领先19.5%），ROKU, INC同比增速更快（16.1% vs 8.1%），梅特勒-托利多自由现金流更多（$184.1M vs $106.6M），过去两年ROKU, INC的营收复合增速更高（25.8% vs 10.5%）
梅特勒-托利多是全球知名的精密仪器及服务跨国供应商，业务覆盖实验室、工业生产、产品检测、食品零售等应用场景，旗下产品广泛应用于生命科学、食品、化工等众多行业的科研、质量管控及生产制造环节。
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。
MTD vs ROKU — 直观对比
营收规模更大
ROKU
是对方的1.2倍
$1.1B
营收增速更快
ROKU
高出8.0%
8.1%
净利率更高
MTD
高出19.5%
5.8%
自由现金流更多
MTD
多$77.5M
$106.6M
两年增速更快
ROKU
近两年复合增速
10.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.4B |
| 净利润 | $285.8M | $80.5M |
| 毛利率 | 59.8% | 43.5% |
| 营业利润率 | 29.1% | 4.7% |
| 净利率 | 25.3% | 5.8% |
| 营收同比 | 8.1% | 16.1% |
| 净利润同比 | 13.3% | 326.4% |
| 每股收益（稀释后） | $13.91 | $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MTDROKU
| Q4 25 | $1.1B | $1.4B | ||
| Q3 25 | $1.0B | $1.2B | ||
| Q2 25 | $983.2M | $1.1B | ||
| Q1 25 | $883.7M | $1.0B | ||
| Q4 24 | $1.0B | $1.2B | ||
| Q3 24 | $954.5M | $1.1B | ||
| Q2 24 | $946.8M | $968.2M | ||
| Q1 24 | $925.9M | $881.5M |
净利润MTDROKU
| Q4 25 | $285.8M | $80.5M | ||
| Q3 25 | $217.5M | $24.8M | ||
| Q2 25 | $202.3M | $10.5M | ||
| Q1 25 | $163.6M | $-27.4M | ||
| Q4 24 | $252.3M | $-35.5M | ||
| Q3 24 | $211.5M | $-9.0M | ||
| Q2 24 | $221.8M | $-34.0M | ||
| Q1 24 | $177.5M | $-50.9M |
毛利率MTDROKU
| Q4 25 | 59.8% | 43.5% | ||
| Q3 25 | 59.2% | 43.4% | ||
| Q2 25 | 59.0% | 44.8% | ||
| Q1 25 | 59.5% | 43.6% | ||
| Q4 24 | 61.2% | 42.7% | ||
| Q3 24 | 60.0% | 45.2% | ||
| Q2 24 | 59.7% | 43.9% | ||
| Q1 24 | 59.2% | 44.1% |
营业利润率MTDROKU
| Q4 25 | 29.1% | 4.7% | ||
| Q3 25 | 26.1% | 0.8% | ||
| Q2 25 | 25.3% | -2.1% | ||
| Q1 25 | 22.9% | -5.7% | ||
| Q4 24 | 30.1% | -3.3% | ||
| Q3 24 | 27.1% | -3.4% | ||
| Q2 24 | 25.7% | -7.4% | ||
| Q1 24 | 23.8% | -8.2% |
净利率MTDROKU
| Q4 25 | 25.3% | 5.8% | ||
| Q3 25 | 21.1% | 2.0% | ||
| Q2 25 | 20.6% | 0.9% | ||
| Q1 25 | 18.5% | -2.7% | ||
| Q4 24 | 24.1% | -3.0% | ||
| Q3 24 | 22.2% | -0.9% | ||
| Q2 24 | 23.4% | -3.5% | ||
| Q1 24 | 19.2% | -5.8% |
每股收益（稀释后）MTDROKU
| Q4 25 | $13.91 | $0.55 | ||
| Q3 25 | $10.57 | $0.16 | ||
| Q2 25 | $9.76 | $0.07 | ||
| Q1 25 | $7.81 | $-0.19 | ||
| Q4 24 | $11.91 | $-0.24 | ||
| Q3 24 | $9.96 | $-0.06 | ||
| Q2 24 | $10.37 | $-0.24 | ||
| Q1 24 | $8.24 | $-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 | $2.1B | — |
| 股东权益账面价值 | $-23.6M | $2.7B |
| 总资产 | $3.7B | $4.4B |
| 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MTDROKU
| Q4 25 | — | $2.3B | ||
| Q3 25 | $69.1M | $2.3B | ||
| Q2 25 | $61.8M | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | $59.4M | $2.2B | ||
| Q3 24 | $71.6M | $2.1B | ||
| Q2 24 | $70.8M | $2.1B | ||
| Q1 24 | — | $2.1B |
总债务MTDROKU
| Q4 25 | $2.1B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.7B | — | ||
| Q1 24 | — | — |
股东权益MTDROKU
| Q4 25 | $-23.6M | $2.7B | ||
| Q3 25 | $-249.2M | $2.6B | ||
| Q2 25 | $-258.8M | $2.6B | ||
| Q1 25 | $-182.0M | $2.5B | ||
| Q4 24 | $-126.9M | $2.5B | ||
| Q3 24 | $-154.4M | $2.5B | ||
| Q2 24 | $-152.8M | $2.4B | ||
| Q1 24 | $-158.7M | $2.4B |
总资产MTDROKU
| Q4 25 | $3.7B | $4.4B | ||
| Q3 25 | $3.5B | $4.4B | ||
| Q2 25 | $3.4B | $4.3B | ||
| Q1 25 | $3.2B | $4.2B | ||
| Q4 24 | $3.2B | $4.3B | ||
| Q3 24 | $3.3B | $4.3B | ||
| Q2 24 | $3.2B | $4.1B | ||
| Q1 24 | $3.3B | $4.2B |
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 | $225.6M | $107.7M |
| 自由现金流经营现金流 - 资本支出 | $184.1M | $106.6M |
| 自由现金流率自由现金流/营收 | 16.3% | 7.6% |
| 资本支出强度资本支出/营收 | 3.7% | 0.1% |
| 现金转化率经营现金流/净利润 | 0.79× | 1.34× |
| 过去12个月自由现金流最近4个季度 | $848.6M | $478.4M |
8季度趋势，按日历期对齐
经营现金流MTDROKU
| Q4 25 | $225.6M | $107.7M | ||
| Q3 25 | $299.4M | $127.6M | ||
| Q2 25 | $236.4M | $109.7M | ||
| Q1 25 | $194.4M | $138.7M | ||
| Q4 24 | $266.2M | $79.3M | ||
| Q3 24 | $254.7M | $68.7M | ||
| Q2 24 | $257.5M | $23.4M | ||
| Q1 24 | $190.0M | $46.7M |
自由现金流MTDROKU
| Q4 25 | $184.1M | $106.6M | ||
| Q3 25 | $274.9M | $126.5M | ||
| Q2 25 | $212.5M | $108.6M | ||
| Q1 25 | $177.2M | $136.8M | ||
| Q4 24 | $224.9M | $76.8M | ||
| Q3 24 | $233.2M | $67.6M | ||
| Q2 24 | $233.7M | $22.5M | ||
| Q1 24 | $172.6M | $46.0M |
自由现金流率MTDROKU
| Q4 25 | 16.3% | 7.6% | ||
| Q3 25 | 26.7% | 10.4% | ||
| Q2 25 | 21.6% | 9.8% | ||
| Q1 25 | 20.1% | 13.4% | ||
| Q4 24 | 21.5% | 6.4% | ||
| Q3 24 | 24.4% | 6.4% | ||
| Q2 24 | 24.7% | 2.3% | ||
| Q1 24 | 18.6% | 5.2% |
资本支出强度MTDROKU
| Q4 25 | 3.7% | 0.1% | ||
| Q3 25 | 2.4% | 0.1% | ||
| Q2 25 | 2.4% | 0.1% | ||
| Q1 25 | 2.0% | 0.2% | ||
| Q4 24 | 3.9% | 0.2% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | 2.5% | 0.1% | ||
| Q1 24 | 1.9% | 0.1% |
现金转化率MTDROKU
| Q4 25 | 0.79× | 1.34× | ||
| Q3 25 | 1.38× | 5.14× | ||
| Q2 25 | 1.17× | 10.45× | ||
| Q1 25 | 1.19× | — | ||
| Q4 24 | 1.06× | — | ||
| Q3 24 | 1.20× | — | ||
| Q2 24 | 1.16× | — | ||
| Q1 24 | 1.07× | — |
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
MTD
| Products | $857.0M | 76% |
| Services | $272.8M | 24% |
ROKU
| Services | $1.2B | 88% |
| Products | $170.9M | 12% |
