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MANITOWOC CO INC（MTW）与SSR MINING INC.（SSRM）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SSR MINING INC.的1.3倍（$677.1M vs $521.7M），SSR MINING INC.净利率更高（34.8% vs 1.0%，领先33.7%），SSR MINING INC.同比增速更快（61.4% vs 13.6%），SSR MINING INC.自由现金流更多（$106.4M vs $78.3M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
MTW vs SSRM — 直观对比
营收规模更大
MTW
是对方的1.3倍
$521.7M
营收增速更快
SSRM
高出47.8%
13.6%
净利率更高
SSRM
高出33.7%
1.0%
自由现金流更多
SSRM
多$28.1M
$78.3M
两年增速更快
SSRM
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $677.1M | $521.7M |
| 净利润 | $7.0M | $181.5M |
| 毛利率 | 16.7% | — |
| 营业利润率 | 3.0% | 38.8% |
| 净利率 | 1.0% | 34.8% |
| 营收同比 | 13.6% | 61.4% |
| 净利润同比 | -87.7% | 3166.6% |
| 每股收益（稀释后） | $0.20 | $0.84 |
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MTWSSRM
| Q4 25 | $677.1M | $521.7M | ||
| Q3 25 | $553.4M | $385.8M | ||
| Q2 25 | $539.5M | $405.5M | ||
| Q1 25 | $470.9M | $316.6M | ||
| Q4 24 | $596.0M | $323.2M | ||
| Q3 24 | $524.8M | $257.4M | ||
| Q2 24 | $562.1M | $184.8M | ||
| Q1 24 | $495.1M | $230.2M |
净利润MTWSSRM
| Q4 25 | $7.0M | $181.5M | ||
| Q3 25 | $5.0M | $65.4M | ||
| Q2 25 | $1.5M | $90.1M | ||
| Q1 25 | $-6.3M | $58.8M | ||
| Q4 24 | $56.7M | $5.6M | ||
| Q3 24 | $-7.0M | $10.6M | ||
| Q2 24 | $1.6M | $9.7M | ||
| Q1 24 | $4.5M | $-287.1M |
毛利率MTWSSRM
| Q4 25 | 16.7% | — | ||
| Q3 25 | 18.5% | — | ||
| Q2 25 | 18.4% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 16.0% | — | ||
| Q3 24 | 16.7% | — | ||
| Q2 24 | 17.7% | — | ||
| Q1 24 | 18.7% | — |
营业利润率MTWSSRM
| Q4 25 | 3.0% | 38.8% | ||
| Q3 25 | 3.3% | 21.6% | ||
| Q2 25 | 1.8% | 26.9% | ||
| Q1 25 | 1.1% | 21.1% | ||
| Q4 24 | 2.7% | 10.6% | ||
| Q3 24 | 1.4% | 3.5% | ||
| Q2 24 | 2.3% | 5.8% | ||
| Q1 24 | 3.1% | -163.5% |
净利率MTWSSRM
| Q4 25 | 1.0% | 34.8% | ||
| Q3 25 | 0.9% | 17.0% | ||
| Q2 25 | 0.3% | 22.2% | ||
| Q1 25 | -1.3% | 18.6% | ||
| Q4 24 | 9.5% | 1.7% | ||
| Q3 24 | -1.3% | 4.1% | ||
| Q2 24 | 0.3% | 5.2% | ||
| Q1 24 | 0.9% | -124.7% |
每股收益（稀释后）MTWSSRM
| Q4 25 | $0.20 | $0.84 | ||
| Q3 25 | $0.14 | $0.31 | ||
| Q2 25 | $0.04 | $0.42 | ||
| Q1 25 | $-0.18 | $0.28 | ||
| Q4 24 | $1.60 | $0.03 | ||
| Q3 24 | $-0.20 | $0.05 | ||
| Q2 24 | $0.04 | $0.05 | ||
| Q1 24 | $0.12 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $447.1M | — |
| 股东权益账面价值 | $695.2M | $3.5B |
| 总资产 | $1.8B | $6.1B |
| 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MTWSSRM
| Q4 25 | $77.3M | $575.6M | ||
| Q3 25 | $39.7M | $445.4M | ||
| Q2 25 | $32.9M | $438.5M | ||
| Q1 25 | $41.4M | $341.3M | ||
| Q4 24 | $48.0M | $417.3M | ||
| Q3 24 | $22.9M | $365.8M | ||
| Q2 24 | $38.1M | $384.4M | ||
| Q1 24 | $31.5M | $492.0M |
总债务MTWSSRM
| Q4 25 | $447.1M | — | ||
| Q3 25 | $479.9M | — | ||
| Q2 25 | $459.8M | — | ||
| Q1 25 | $381.4M | — | ||
| Q4 24 | $377.1M | $228.6M | ||
| Q3 24 | $426.7M | $228.3M | ||
| Q2 24 | $406.3M | $228.0M | ||
| Q1 24 | $372.7M | $228.7M |
股东权益MTWSSRM
| Q4 25 | $695.2M | $3.5B | ||
| Q3 25 | $682.7M | $3.3B | ||
| Q2 25 | $681.3M | $3.3B | ||
| Q1 25 | $651.6M | $3.2B | ||
| Q4 24 | $640.1M | $3.1B | ||
| Q3 24 | $607.6M | $3.1B | ||
| Q2 24 | $592.3M | $3.1B | ||
| Q1 24 | $596.0M | $3.1B |
总资产MTWSSRM
| Q4 25 | $1.8B | $6.1B | ||
| Q3 25 | $1.9B | $5.9B | ||
| Q2 25 | $1.9B | $5.8B | ||
| Q1 25 | $1.8B | $5.6B | ||
| Q4 24 | $1.7B | $5.2B | ||
| Q3 24 | $1.8B | $5.1B | ||
| Q2 24 | $1.7B | $5.2B | ||
| Q1 24 | $1.8B | $5.3B |
负债/权益比MTWSSRM
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.59× | 0.07× | ||
| Q3 24 | 0.70× | 0.07× | ||
| Q2 24 | 0.69× | 0.07× | ||
| Q1 24 | 0.63× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $78.3M | $106.4M |
| 自由现金流率自由现金流/营收 | 11.6% | 20.4% |
| 资本支出强度资本支出/营收 | 1.9% | 12.6% |
| 现金转化率经营现金流/净利润 | 13.01× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $-15.3M | $241.6M |
8季度趋势，按日历期对齐
经营现金流MTWSSRM
| Q4 25 | $91.1M | $172.1M | ||
| Q3 25 | $-14.1M | $57.2M | ||
| Q2 25 | $-67.7M | $157.8M | ||
| Q1 25 | $12.9M | $84.8M | ||
| Q4 24 | $112.4M | $95.0M | ||
| Q3 24 | $-43.6M | $-1.3M | ||
| Q2 24 | $11.0M | $-78.1M | ||
| Q1 24 | $-30.6M | $24.6M |
自由现金流MTWSSRM
| Q4 25 | $78.3M | $106.4M | ||
| Q3 25 | $-22.0M | $-2.4M | ||
| Q2 25 | $-73.7M | $98.4M | ||
| Q1 25 | $2.1M | $39.3M | ||
| Q4 24 | $101.1M | $56.4M | ||
| Q3 24 | $-52.9M | $-34.1M | ||
| Q2 24 | $-1.9M | $-116.3M | ||
| Q1 24 | $-42.8M | $-9.4M |
自由现金流率MTWSSRM
| Q4 25 | 11.6% | 20.4% | ||
| Q3 25 | -4.0% | -0.6% | ||
| Q2 25 | -13.7% | 24.3% | ||
| Q1 25 | 0.4% | 12.4% | ||
| Q4 24 | 17.0% | 17.5% | ||
| Q3 24 | -10.1% | -13.2% | ||
| Q2 24 | -0.3% | -62.9% | ||
| Q1 24 | -8.6% | -4.1% |
资本支出强度MTWSSRM
| Q4 25 | 1.9% | 12.6% | ||
| Q3 25 | 1.4% | 15.4% | ||
| Q2 25 | 1.1% | 14.7% | ||
| Q1 25 | 2.3% | 14.4% | ||
| Q4 24 | 1.9% | 11.9% | ||
| Q3 24 | 1.8% | 12.7% | ||
| Q2 24 | 2.3% | 20.7% | ||
| Q1 24 | 2.5% | 14.8% |
现金转化率MTWSSRM
| Q4 25 | 13.01× | 0.95× | ||
| Q3 25 | -2.82× | 0.87× | ||
| Q2 25 | -45.13× | 1.75× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | 1.98× | 17.10× | ||
| Q3 24 | — | -0.13× | ||
| Q2 24 | 6.88× | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
