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MASTEC INC（MTZ）与Northern Trust（NTRS）财务数据对比。点击上方公司名可切换其他公司
MASTEC INC的季度营收约是Northern Trust的1.8倍（$3.9B vs $2.2B），Northern Trust净利率更高（23.7% vs 3.6%，领先20.1%），MASTEC INC同比增速更快（15.8% vs 13.8%），过去两年Northern Trust的营收复合增速更高（37.8% vs 21.1%）
MasTec Inc是总部位于美国佛罗里达州科勒尔盖布尔斯的基础设施工程建设企业，面向能源、公用事业及通信领域提供基础设施的设计、施工、安装、运维与升级服务，客户主要来自公用事业、通信及政府行业。
Northern Trust是总部位于美国伊利诺伊州芝加哥的专业金融服务企业，主要服务对象包括各类企业、机构投资者以及超高净值个人客户，是美国规模最大、持续运营历史最悠久的银行机构之一。截至2025年12月末，其管理资产规模达1.8万亿美元，托管资产规模达14.9万亿美元。
MTZ vs NTRS — 直观对比
营收规模更大
MTZ
是对方的1.8倍
$2.2B
营收增速更快
MTZ
高出2.0%
13.8%
净利率更高
NTRS
高出20.1%
3.6%
两年增速更快
NTRS
近两年复合增速
21.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.2B |
| 净利润 | $142.7M | $525.5M |
| 毛利率 | — | — |
| 营业利润率 | 4.4% | — |
| 净利率 | 3.6% | 23.7% |
| 营收同比 | 15.8% | 13.8% |
| 净利润同比 | 90.9% | 13.0% |
| 每股收益（稀释后） | $1.81 | $2.71 |
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MTZNTRS
| Q1 26 | — | $2.2B | ||
| Q4 25 | $3.9B | $1.3B | ||
| Q3 25 | $4.0B | $1.3B | ||
| Q2 25 | $3.5B | $1.2B | ||
| Q1 25 | $2.8B | $1.2B | ||
| Q4 24 | $3.4B | $1.2B | ||
| Q3 24 | $3.3B | $1.2B | ||
| Q2 24 | $3.0B | $1.2B |
净利润MTZNTRS
| Q1 26 | — | $525.5M | ||
| Q4 25 | $142.7M | $466.0M | ||
| Q3 25 | $160.7M | $457.6M | ||
| Q2 25 | $85.8M | $421.3M | ||
| Q1 25 | $9.9M | $392.0M | ||
| Q4 24 | $74.7M | $455.4M | ||
| Q3 24 | $95.2M | $464.9M | ||
| Q2 24 | $34.0M | $896.1M |
营业利润率MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 48.5% | ||
| Q3 25 | 5.3% | 49.0% | ||
| Q2 25 | 3.4% | 45.9% | ||
| Q1 25 | 0.3% | 43.0% | ||
| Q4 24 | 2.8% | 48.6% | ||
| Q3 24 | 4.2% | 50.2% | ||
| Q2 24 | 2.1% | — |
净利率MTZNTRS
| Q1 26 | — | 23.7% | ||
| Q4 25 | 3.6% | 35.6% | ||
| Q3 25 | 4.0% | 36.2% | ||
| Q2 25 | 2.4% | 34.2% | ||
| Q1 25 | 0.3% | 32.3% | ||
| Q4 24 | 2.2% | 37.3% | ||
| Q3 24 | 2.9% | 38.9% | ||
| Q2 24 | 1.1% | 76.8% |
每股收益（稀释后）MTZNTRS
| Q1 26 | — | $2.71 | ||
| Q4 25 | $1.81 | $2.42 | ||
| Q3 25 | $2.04 | $2.29 | ||
| Q2 25 | $1.09 | $2.13 | ||
| Q1 25 | $0.13 | $1.90 | ||
| Q4 24 | $0.95 | $2.25 | ||
| Q3 24 | $1.21 | $2.22 | ||
| Q2 24 | $0.43 | $4.34 |
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 | $396.0M | — |
| 总债务越低越好 | $2.2B | $2.9B |
| 股东权益账面价值 | $3.3B | $13.0B |
| 总资产 | $9.9B | $174.6B |
| 负债/权益比越低杠杆越低 | 0.67× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | $396.0M | — | ||
| Q3 25 | $231.4M | — | ||
| Q2 25 | $191.1M | — | ||
| Q1 25 | $345.7M | — | ||
| Q4 24 | $399.9M | — | ||
| Q3 24 | $181.2M | — | ||
| Q2 24 | $297.6M | — |
总债务MTZNTRS
| Q1 26 | — | $2.9B | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $2.4B | — |
股东权益MTZNTRS
| Q1 26 | — | $13.0B | ||
| Q4 25 | $3.3B | $13.0B | ||
| Q3 25 | $3.1B | $13.0B | ||
| Q2 25 | $2.9B | $12.9B | ||
| Q1 25 | $2.9B | $12.9B | ||
| Q4 24 | $2.9B | $12.8B | ||
| Q3 24 | $2.8B | $12.7B | ||
| Q2 24 | $2.7B | $12.7B |
总资产MTZNTRS
| Q1 26 | — | $174.6B | ||
| Q4 25 | $9.9B | $177.1B | ||
| Q3 25 | $9.7B | $170.3B | ||
| Q2 25 | $9.1B | $171.9B | ||
| Q1 25 | $8.9B | $165.1B | ||
| Q4 24 | $9.0B | $155.5B | ||
| Q3 24 | $8.8B | $155.8B | ||
| Q2 24 | $8.7B | $156.8B |
负债/权益比MTZNTRS
| Q1 26 | — | 0.22× | ||
| Q4 25 | 0.67× | — | ||
| Q3 25 | 0.71× | — | ||
| Q2 25 | 0.71× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 0.70× | — | ||
| Q3 24 | 0.76× | — | ||
| Q2 24 | 0.87× | — |
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 | $372.7M | — |
| 自由现金流经营现金流 - 资本支出 | $292.5M | — |
| 自由现金流率自由现金流/营收 | 7.4% | — |
| 资本支出强度资本支出/营收 | 2.0% | — |
| 现金转化率经营现金流/净利润 | 2.61× | — |
| 过去12个月自由现金流最近4个季度 | $285.7M | — |
8季度趋势，按日历期对齐
经营现金流MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | $372.7M | $388.4M | ||
| Q3 25 | $89.0M | $525.8M | ||
| Q2 25 | $5.6M | $1.9B | ||
| Q1 25 | $78.4M | $2.7B | ||
| Q4 24 | $471.7M | $-2.6B | ||
| Q3 24 | $277.7M | $611.1M | ||
| Q2 24 | $264.4M | $3.0B |
自由现金流MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | $292.5M | $355.6M | ||
| Q3 25 | $20.3M | $509.4M | ||
| Q2 25 | $-58.2M | $1.9B | ||
| Q1 25 | $31.1M | $2.7B | ||
| Q4 24 | $423.4M | $-2.7B | ||
| Q3 24 | $234.1M | $585.4M | ||
| Q2 24 | $232.9M | $3.0B |
自由现金流率MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | 7.4% | 27.2% | ||
| Q3 25 | 0.5% | 40.3% | ||
| Q2 25 | -1.6% | 150.8% | ||
| Q1 25 | 1.1% | 225.5% | ||
| Q4 24 | 12.4% | -218.9% | ||
| Q3 24 | 7.2% | 48.9% | ||
| Q2 24 | 7.9% | 254.7% |
资本支出强度MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 2.5% | ||
| Q3 25 | 1.7% | 1.3% | ||
| Q2 25 | 1.8% | 1.0% | ||
| Q1 25 | 1.7% | 1.0% | ||
| Q4 24 | 1.4% | 3.3% | ||
| Q3 24 | 1.3% | 2.1% | ||
| Q2 24 | 1.1% | 1.8% |
现金转化率MTZNTRS
| Q1 26 | — | — | ||
| Q4 25 | 2.61× | 0.83× | ||
| Q3 25 | 0.55× | 1.15× | ||
| Q2 25 | 0.07× | 4.44× | ||
| Q1 25 | 7.91× | 7.01× | ||
| Q4 24 | 6.31× | -5.79× | ||
| Q3 24 | 2.92× | 1.31× | ||
| Q2 24 | 7.78× | 3.34× |
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
MTZ
| Clean Energy And Infrastructure | $1.3B | 33% |
| Power Delivery | $1.1B | 28% |
| Communications | $906.7M | 23% |
| Pipeline Infrastructure | $643.8M | 16% |
NTRS
| Trust, Investment and Other Servicing Fees | $1.3B | 61% |
| Other | $871.8M | 39% |
