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MANITOWOC CO INC（MTW）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
MANITOWOC CO INC的季度营收约是Cloudflare, Inc.的1.1倍（$677.1M vs $614.5M），MANITOWOC CO INC净利率更高（1.0% vs -2.0%，领先3.0%），Cloudflare, Inc.同比增速更快（33.6% vs 13.6%），Cloudflare, Inc.自由现金流更多（$105.2M vs $78.3M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs 16.9%）
马尼托瓦克公司是一家美国工程机械制造企业，创立于1902年，核心产品为起重机械，历史上曾生产商用制冷设备与船舶设备。公司通过全资子公司，围绕Grove、马尼托瓦克、Potain等多个品牌，设计、生产、销售移动式伸缩臂起重机、塔式起重机、履带式起重机等设备，并提供相关售后服务支持。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
MTW vs NET — 直观对比
营收规模更大
MTW
是对方的1.1倍
$614.5M
营收增速更快
NET
高出20.0%
13.6%
净利率更高
MTW
高出3.0%
-2.0%
自由现金流更多
NET
多$26.9M
$78.3M
两年增速更快
NET
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $677.1M | $614.5M |
| 净利润 | $7.0M | $-12.1M |
| 毛利率 | 16.7% | 73.6% |
| 营业利润率 | 3.0% | -8.0% |
| 净利率 | 1.0% | -2.0% |
| 营收同比 | 13.6% | 33.6% |
| 净利润同比 | -87.7% | 6.0% |
| 每股收益（稀释后） | $0.20 | $-0.03 |
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MTWNET
| Q4 25 | $677.1M | $614.5M | ||
| Q3 25 | $553.4M | $562.0M | ||
| Q2 25 | $539.5M | $512.3M | ||
| Q1 25 | $470.9M | $479.1M | ||
| Q4 24 | $596.0M | $459.9M | ||
| Q3 24 | $524.8M | $430.1M | ||
| Q2 24 | $562.1M | $401.0M | ||
| Q1 24 | $495.1M | $378.6M |
净利润MTWNET
| Q4 25 | $7.0M | $-12.1M | ||
| Q3 25 | $5.0M | $-1.3M | ||
| Q2 25 | $1.5M | $-50.4M | ||
| Q1 25 | $-6.3M | $-38.5M | ||
| Q4 24 | $56.7M | $-12.8M | ||
| Q3 24 | $-7.0M | $-15.3M | ||
| Q2 24 | $1.6M | $-15.1M | ||
| Q1 24 | $4.5M | $-35.5M |
毛利率MTWNET
| Q4 25 | 16.7% | 73.6% | ||
| Q3 25 | 18.5% | 74.0% | ||
| Q2 25 | 18.4% | 74.9% | ||
| Q1 25 | 19.1% | 75.9% | ||
| Q4 24 | 16.0% | 76.4% | ||
| Q3 24 | 16.7% | 77.7% | ||
| Q2 24 | 17.7% | 77.8% | ||
| Q1 24 | 18.7% | 77.5% |
营业利润率MTWNET
| Q4 25 | 3.0% | -8.0% | ||
| Q3 25 | 3.3% | -6.7% | ||
| Q2 25 | 1.8% | -13.1% | ||
| Q1 25 | 1.1% | -11.1% | ||
| Q4 24 | 2.7% | -7.5% | ||
| Q3 24 | 1.4% | -7.2% | ||
| Q2 24 | 2.3% | -8.7% | ||
| Q1 24 | 3.1% | -14.4% |
净利率MTWNET
| Q4 25 | 1.0% | -2.0% | ||
| Q3 25 | 0.9% | -0.2% | ||
| Q2 25 | 0.3% | -9.8% | ||
| Q1 25 | -1.3% | -8.0% | ||
| Q4 24 | 9.5% | -2.8% | ||
| Q3 24 | -1.3% | -3.6% | ||
| Q2 24 | 0.3% | -3.8% | ||
| Q1 24 | 0.9% | -9.4% |
每股收益（稀释后）MTWNET
| Q4 25 | $0.20 | $-0.03 | ||
| Q3 25 | $0.14 | $0.00 | ||
| Q2 25 | $0.04 | $-0.15 | ||
| Q1 25 | $-0.18 | $-0.11 | ||
| Q4 24 | $1.60 | $-0.05 | ||
| Q3 24 | $-0.20 | $-0.04 | ||
| Q2 24 | $0.04 | $-0.04 | ||
| Q1 24 | $0.12 | $-0.10 |
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 | $77.3M | $943.5M |
| 总债务越低越好 | $447.1M | — |
| 股东权益账面价值 | $695.2M | $1.5B |
| 总资产 | $1.8B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资MTWNET
| Q4 25 | $77.3M | $943.5M | ||
| Q3 25 | $39.7M | $1.1B | ||
| Q2 25 | $32.9M | $1.5B | ||
| Q1 25 | $41.4M | $204.5M | ||
| Q4 24 | $48.0M | $147.7M | ||
| Q3 24 | $22.9M | $182.9M | ||
| Q2 24 | $38.1M | $157.0M | ||
| Q1 24 | $31.5M | $254.4M |
总债务MTWNET
| Q4 25 | $447.1M | — | ||
| Q3 25 | $479.9M | — | ||
| Q2 25 | $459.8M | — | ||
| Q1 25 | $381.4M | — | ||
| Q4 24 | $377.1M | — | ||
| Q3 24 | $426.7M | — | ||
| Q2 24 | $406.3M | — | ||
| Q1 24 | $372.7M | — |
股东权益MTWNET
| Q4 25 | $695.2M | $1.5B | ||
| Q3 25 | $682.7M | $1.3B | ||
| Q2 25 | $681.3M | $1.2B | ||
| Q1 25 | $651.6M | $1.4B | ||
| Q4 24 | $640.1M | $1.0B | ||
| Q3 24 | $607.6M | $973.1M | ||
| Q2 24 | $592.3M | $881.5M | ||
| Q1 24 | $596.0M | $797.2M |
总资产MTWNET
| Q4 25 | $1.8B | $6.0B | ||
| Q3 25 | $1.9B | $5.8B | ||
| Q2 25 | $1.9B | $5.6B | ||
| Q1 25 | $1.8B | $3.7B | ||
| Q4 24 | $1.7B | $3.3B | ||
| Q3 24 | $1.8B | $3.1B | ||
| Q2 24 | $1.7B | $2.9B | ||
| Q1 24 | $1.8B | $2.8B |
负债/权益比MTWNET
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.70× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 0.63× | — |
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 | $91.1M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $78.3M | $105.2M |
| 自由现金流率自由现金流/营收 | 11.6% | 17.1% |
| 资本支出强度资本支出/营收 | 1.9% | 13.9% |
| 现金转化率经营现金流/净利润 | 13.01× | — |
| 过去12个月自由现金流最近4个季度 | $-15.3M | $287.5M |
8季度趋势，按日历期对齐
经营现金流MTWNET
| Q4 25 | $91.1M | $190.4M | ||
| Q3 25 | $-14.1M | $167.1M | ||
| Q2 25 | $-67.7M | $99.8M | ||
| Q1 25 | $12.9M | $145.8M | ||
| Q4 24 | $112.4M | $127.3M | ||
| Q3 24 | $-43.6M | $104.7M | ||
| Q2 24 | $11.0M | $74.8M | ||
| Q1 24 | $-30.6M | $73.6M |
自由现金流MTWNET
| Q4 25 | $78.3M | $105.2M | ||
| Q3 25 | $-22.0M | $82.5M | ||
| Q2 25 | $-73.7M | $39.9M | ||
| Q1 25 | $2.1M | $59.9M | ||
| Q4 24 | $101.1M | $54.2M | ||
| Q3 24 | $-52.9M | $54.5M | ||
| Q2 24 | $-1.9M | $45.2M | ||
| Q1 24 | $-42.8M | $41.5M |
自由现金流率MTWNET
| Q4 25 | 11.6% | 17.1% | ||
| Q3 25 | -4.0% | 14.7% | ||
| Q2 25 | -13.7% | 7.8% | ||
| Q1 25 | 0.4% | 12.5% | ||
| Q4 24 | 17.0% | 11.8% | ||
| Q3 24 | -10.1% | 12.7% | ||
| Q2 24 | -0.3% | 11.3% | ||
| Q1 24 | -8.6% | 11.0% |
资本支出强度MTWNET
| Q4 25 | 1.9% | 13.9% | ||
| Q3 25 | 1.4% | 15.1% | ||
| Q2 25 | 1.1% | 11.7% | ||
| Q1 25 | 2.3% | 17.9% | ||
| Q4 24 | 1.9% | 15.9% | ||
| Q3 24 | 1.8% | 11.7% | ||
| Q2 24 | 2.3% | 7.4% | ||
| Q1 24 | 2.5% | 8.5% |
现金转化率MTWNET
| Q4 25 | 13.01× | — | ||
| Q3 25 | -2.82× | — | ||
| Q2 25 | -45.13× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.98× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.88× | — | ||
| Q1 24 | -6.80× | — |
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
MTW
| US | $344.5M | 51% |
| Europe | $193.8M | 29% |
| Other Countries | $138.8M | 20% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
