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McEwen Inc.（MUX）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
McEwen Inc.的季度营收约是TELOS CORP的1.4倍（$64.6M vs $46.8M），McEwen Inc.净利率更高（59.0% vs -34.9%，领先93.9%），McEwen Inc.同比增速更快（92.8% vs 77.4%），过去两年TELOS CORP的营收复合增速更高（25.7% vs 25.2%）
McEwen Inc（股票代码MUX）是一家自然资源企业，主要从事金、银、铜矿产的勘探、开发与生产业务，运营项目分布于南北美洲，秉持可持续负责任的采矿准则，产品面向全球大宗商品市场供应。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
MUX vs TLS — 直观对比
营收规模更大
MUX
是对方的1.4倍
$46.8M
营收增速更快
MUX
高出15.4%
77.4%
净利率更高
MUX
高出93.9%
-34.9%
两年增速更快
TLS
近两年复合增速
25.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $64.6M | $46.8M |
| 净利润 | $38.1M | $-16.3M |
| 毛利率 | 26.9% | 35.0% |
| 营业利润率 | 34.2% | -39.6% |
| 净利率 | 59.0% | -34.9% |
| 营收同比 | 92.8% | 77.4% |
| 净利润同比 | 563.1% | -74.8% |
| 每股收益（稀释后） | $0.66 | $-0.22 |
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MUXTLS
| Q4 25 | $64.6M | $46.8M | ||
| Q3 25 | $50.5M | $51.4M | ||
| Q2 25 | $46.7M | $36.0M | ||
| Q1 25 | $35.7M | $30.6M | ||
| Q4 24 | $33.5M | $26.4M | ||
| Q3 24 | $52.3M | $23.8M | ||
| Q2 24 | $47.5M | $28.5M | ||
| Q1 24 | $41.2M | $29.6M |
净利润MUXTLS
| Q4 25 | $38.1M | $-16.3M | ||
| Q3 25 | $-462.0K | $-2.1M | ||
| Q2 25 | $3.0M | $-9.5M | ||
| Q1 25 | $-6.3M | $-8.6M | ||
| Q4 24 | $-8.2M | $-9.3M | ||
| Q3 24 | $-2.1M | $-28.1M | ||
| Q2 24 | $-13.0M | $-7.8M | ||
| Q1 24 | $-20.4M | $-7.4M |
毛利率MUXTLS
| Q4 25 | 26.9% | 35.0% | ||
| Q3 25 | 15.5% | 39.9% | ||
| Q2 25 | 26.3% | 33.2% | ||
| Q1 25 | 28.2% | 39.8% | ||
| Q4 24 | 1.1% | 40.3% | ||
| Q3 24 | 26.4% | 13.2% | ||
| Q2 24 | 22.7% | 34.1% | ||
| Q1 24 | 14.6% | 37.0% |
营业利润率MUXTLS
| Q4 25 | 34.2% | -39.6% | ||
| Q3 25 | -16.7% | -4.8% | ||
| Q2 25 | -7.2% | -27.5% | ||
| Q1 25 | -21.4% | -29.5% | ||
| Q4 24 | -43.4% | -37.6% | ||
| Q3 24 | -0.2% | -121.4% | ||
| Q2 24 | -29.4% | -30.3% | ||
| Q1 24 | -53.3% | -28.5% |
净利率MUXTLS
| Q4 25 | 59.0% | -34.9% | ||
| Q3 25 | -0.9% | -4.1% | ||
| Q2 25 | 6.5% | -26.5% | ||
| Q1 25 | -17.6% | -28.1% | ||
| Q4 24 | -24.6% | -35.4% | ||
| Q3 24 | -4.0% | -118.0% | ||
| Q2 24 | -27.4% | -27.2% | ||
| Q1 24 | -49.4% | -24.9% |
每股收益（稀释后）MUXTLS
| Q4 25 | $0.66 | $-0.22 | ||
| Q3 25 | $-0.01 | $-0.03 | ||
| Q2 25 | $0.06 | $-0.13 | ||
| Q1 25 | $-0.12 | $-0.12 | ||
| Q4 24 | $-0.15 | $-0.13 | ||
| Q3 24 | $-0.04 | $-0.39 | ||
| Q2 24 | $-0.26 | $-0.11 | ||
| Q1 24 | $-0.41 | $-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 | $72.1M | $53.2M |
| 总债务越低越好 | $126.2M | — |
| 股东权益账面价值 | $546.2M | $96.0M |
| 总资产 | $820.2M | $139.9M |
| 负债/权益比越低杠杆越低 | 0.23× | — |
8季度趋势，按日历期对齐
现金及短期投资MUXTLS
| Q4 25 | $72.1M | $53.2M | ||
| Q3 25 | $75.4M | $59.0M | ||
| Q2 25 | $69.5M | $57.0M | ||
| Q1 25 | $79.3M | $57.8M | ||
| Q4 24 | $15.3M | $54.6M | ||
| Q3 24 | $30.2M | $69.8M | ||
| Q2 24 | $42.6M | $80.1M | ||
| Q1 24 | $22.0M | $93.9M |
总债务MUXTLS
| Q4 25 | $126.2M | — | ||
| Q3 25 | $126.0M | — | ||
| Q2 25 | $125.8M | — | ||
| Q1 25 | $125.5M | — | ||
| Q4 24 | $40.0M | — | ||
| Q3 24 | $31.0M | — | ||
| Q2 24 | $34.0M | — | ||
| Q1 24 | $37.0M | — |
股东权益MUXTLS
| Q4 25 | $546.2M | $96.0M | ||
| Q3 25 | $488.6M | $119.7M | ||
| Q2 25 | $484.5M | $118.4M | ||
| Q1 25 | $479.8M | $126.1M | ||
| Q4 24 | $495.0M | $127.1M | ||
| Q3 24 | $502.1M | $129.5M | ||
| Q2 24 | $485.2M | $149.1M | ||
| Q1 24 | $482.5M | $154.4M |
总资产MUXTLS
| Q4 25 | $820.2M | $139.9M | ||
| Q3 25 | $747.6M | $164.3M | ||
| Q2 25 | $735.6M | $165.0M | ||
| Q1 25 | $730.6M | $158.1M | ||
| Q4 24 | $664.6M | $158.2M | ||
| Q3 24 | $667.8M | $166.3M | ||
| Q2 24 | $645.1M | $182.4M | ||
| Q1 24 | $638.7M | $195.4M |
负债/权益比MUXTLS
| Q4 25 | 0.23× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.26× | — | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | 0.06× | — | ||
| Q2 24 | 0.07× | — | ||
| Q1 24 | 0.08× | — |
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 | $3.1M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 17.0% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 0.08× | — |
| 过去12个月自由现金流最近4个季度 | — | $29.4M |
8季度趋势，按日历期对齐
经营现金流MUXTLS
| Q4 25 | $3.1M | $8.0M | ||
| Q3 25 | $5.2M | $9.1M | ||
| Q2 25 | $478.0K | $7.0M | ||
| Q1 25 | $-1.9M | $6.1M | ||
| Q4 24 | $-1.2M | $-10.5M | ||
| Q3 24 | $23.2M | $-7.1M | ||
| Q2 24 | $3.6M | $-8.0M | ||
| Q1 24 | $3.9M | $-350.0K |
自由现金流MUXTLS
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | — | $-8.2M | ||
| Q1 24 | — | $-447.0K |
自由现金流率MUXTLS
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | — | -28.9% | ||
| Q1 24 | — | -1.5% |
资本支出强度MUXTLS
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.8% | ||
| Q1 24 | — | 0.3% |
现金转化率MUXTLS
| Q4 25 | 0.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.16× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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
MUX
暂无分部数据
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
