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Mueller Water Products, Inc.（MWA）与Rocket Lab Corp（RKLB）财务数据对比。点击上方公司名可切换其他公司
Mueller Water Products, Inc.的季度营收约是Rocket Lab Corp的1.8倍（$318.2M vs $179.7M），Mueller Water Products, Inc.净利率更高（13.6% vs -29.5%，领先43.0%），Rocket Lab Corp同比增速更快（35.7% vs 4.6%），Mueller Water Products, Inc.自由现金流更多（$44.0M vs $-114.2M），过去两年Rocket Lab Corp的营收复合增速更高（39.2% vs -5.1%）
穆勒水业（Mueller Water Products, Inc.）是总部位于美国佐治亚州亚特兰大的上市企业，为北美规模顶尖的消防栓、闸阀及其他水务基础设施产品生产商与分销商之一，旗下设有Mueller Co.和Mueller Technologies两大业务单元，运营包括Echologics、Mueller Systems在内的十余个品牌及关联主体。
Rocket Lab是公开上市的航空航天制造商及发射服务提供商，旗下Electron轨道火箭主打小型卫星发射，截至2026年1月已成功完成超75次任务，是全球现役发射次数最多的小型运载火箭。公司还开发了Electron的亚轨道改型HASTE用作高超音速技术测试平台，下一代可复用中型运载火箭Neutron目前也在研发中。
MWA vs RKLB — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $318.2M | $179.7M |
| 净利润 | $43.2M | $-52.9M |
| 毛利率 | 37.6% | 38.0% |
| 营业利润率 | 17.8% | -28.4% |
| 净利率 | 13.6% | -29.5% |
| 营收同比 | 4.6% | 35.7% |
| 净利润同比 | 22.4% | -1.1% |
| 每股收益（稀释后） | $0.27 | $-0.09 |
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
| Q4 25 | $318.2M | $179.7M | ||
| Q3 25 | $380.8M | $155.1M | ||
| Q2 25 | $380.3M | $144.5M | ||
| Q1 25 | $364.3M | $122.6M | ||
| Q4 24 | $304.3M | $132.4M | ||
| Q3 24 | $348.2M | $104.8M | ||
| Q2 24 | $356.7M | $106.3M | ||
| Q1 24 | $353.4M | $92.8M |
| Q4 25 | $43.2M | $-52.9M | ||
| Q3 25 | $52.6M | $-18.3M | ||
| Q2 25 | $52.5M | $-66.4M | ||
| Q1 25 | $51.3M | $-60.6M | ||
| Q4 24 | $35.3M | $-52.3M | ||
| Q3 24 | $10.0M | $-51.9M | ||
| Q2 24 | $47.3M | $-41.6M | ||
| Q1 24 | $44.3M | $-44.3M |
| Q4 25 | 37.6% | 38.0% | ||
| Q3 25 | 36.8% | 37.0% | ||
| Q2 25 | 38.3% | 32.1% | ||
| Q1 25 | 35.1% | 28.8% | ||
| Q4 24 | 33.8% | 27.8% | ||
| Q3 24 | 31.8% | 26.7% | ||
| Q2 24 | 36.8% | 25.6% | ||
| Q1 24 | 36.9% | 26.1% |
| Q4 25 | 17.8% | -28.4% | ||
| Q3 25 | 18.3% | -38.0% | ||
| Q2 25 | 19.4% | -41.3% | ||
| Q1 25 | 19.2% | -48.3% | ||
| Q4 24 | 15.6% | -38.9% | ||
| Q3 24 | 8.2% | -49.5% | ||
| Q2 24 | 18.8% | -40.7% | ||
| Q1 24 | 18.0% | -46.4% |
| Q4 25 | 13.6% | -29.5% | ||
| Q3 25 | 13.8% | -11.8% | ||
| Q2 25 | 13.8% | -46.0% | ||
| Q1 25 | 14.1% | -49.5% | ||
| Q4 24 | 11.6% | -39.5% | ||
| Q3 24 | 2.9% | -49.6% | ||
| Q2 24 | 13.3% | -39.2% | ||
| Q1 24 | 12.5% | -47.7% |
| Q4 25 | $0.27 | $-0.09 | ||
| Q3 25 | $0.34 | $-0.03 | ||
| Q2 25 | $0.33 | $-0.13 | ||
| Q1 25 | $0.33 | $-0.12 | ||
| Q4 24 | $0.22 | $-0.11 | ||
| Q3 24 | $0.07 | $-0.10 | ||
| Q2 24 | $0.30 | $-0.08 | ||
| Q1 24 | $0.28 | $-0.09 |
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 | — | $1.0B |
| 总债务越低越好 | — | $152.4M |
| 股东权益账面价值 | $1.0B | $1.7B |
| 总资产 | $1.8B | $2.3B |
| 负债/权益比越低杠杆越低 | — | 0.09× |
8季度趋势，按日历期对齐
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $976.7M | ||
| Q2 25 | — | $688.1M | ||
| Q1 25 | — | $428.4M | ||
| Q4 24 | — | $419.0M | ||
| Q3 24 | — | $442.4M | ||
| Q2 24 | — | $496.8M | ||
| Q1 24 | — | $492.5M |
| Q4 25 | — | $152.4M | ||
| Q3 25 | — | $347.0M | ||
| Q2 25 | — | $346.5M | ||
| Q1 25 | — | $345.9M | ||
| Q4 24 | — | $345.4M | ||
| Q3 24 | — | $61.2M | ||
| Q2 24 | — | $64.2M | ||
| Q1 24 | — | $66.8M |
| Q4 25 | $1.0B | $1.7B | ||
| Q3 25 | $981.7M | $1.3B | ||
| Q2 25 | $929.0M | $688.5M | ||
| Q1 25 | $873.6M | $431.3M | ||
| Q4 24 | $834.1M | $382.5M | ||
| Q3 24 | $810.1M | $419.8M | ||
| Q2 24 | $791.6M | $455.2M | ||
| Q1 24 | $754.5M | $478.9M |
| Q4 25 | $1.8B | $2.3B | ||
| Q3 25 | $1.8B | $2.2B | ||
| Q2 25 | $1.7B | $1.6B | ||
| Q1 25 | $1.7B | $1.3B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.6B | $1.2B | ||
| Q1 24 | $1.5B | $1.2B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.80× | ||
| Q4 24 | — | 0.90× | ||
| Q3 24 | — | 0.15× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.14× |
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 | $61.2M | $-64.5M |
| 自由现金流经营现金流 - 资本支出 | $44.0M | $-114.2M |
| 自由现金流率自由现金流/营收 | 13.8% | -63.6% |
| 资本支出强度资本支出/营收 | 5.4% | 27.6% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $173.8M | $-321.8M |
8季度趋势，按日历期对齐
| Q4 25 | $61.2M | $-64.5M | ||
| Q3 25 | $83.5M | $-23.5M | ||
| Q2 25 | $67.4M | $-23.2M | ||
| Q1 25 | $14.3M | $-54.2M | ||
| Q4 24 | $54.1M | $-2.4M | ||
| Q3 24 | $89.3M | $-30.9M | ||
| Q2 24 | $87.3M | $-13.0M | ||
| Q1 24 | $-5.7M | $-2.6M |
| Q4 25 | $44.0M | $-114.2M | ||
| Q3 25 | $69.0M | $-69.4M | ||
| Q2 25 | $55.7M | $-55.3M | ||
| Q1 25 | $5.1M | $-82.9M | ||
| Q4 24 | $42.2M | $-23.9M | ||
| Q3 24 | $69.9M | $-41.9M | ||
| Q2 24 | $75.1M | $-28.3M | ||
| Q1 24 | $-15.8M | $-21.8M |
| Q4 25 | 13.8% | -63.6% | ||
| Q3 25 | 18.1% | -44.8% | ||
| Q2 25 | 14.6% | -38.3% | ||
| Q1 25 | 1.4% | -67.6% | ||
| Q4 24 | 13.9% | -18.1% | ||
| Q3 24 | 20.1% | -40.0% | ||
| Q2 24 | 21.1% | -26.7% | ||
| Q1 24 | -4.5% | -23.5% |
| Q4 25 | 5.4% | 27.6% | ||
| Q3 25 | 3.8% | 29.6% | ||
| Q2 25 | 3.1% | 22.2% | ||
| Q1 25 | 2.5% | 23.4% | ||
| Q4 24 | 3.9% | 16.3% | ||
| Q3 24 | 5.6% | 10.5% | ||
| Q2 24 | 3.4% | 14.4% | ||
| Q1 24 | 2.9% | 20.7% |
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.59× | — | ||
| Q2 25 | 1.28× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 1.53× | — | ||
| Q3 24 | 8.93× | — | ||
| Q2 24 | 1.85× | — | ||
| Q1 24 | -0.13× | — |
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
MWA
| Water Flow Solutions | $173.0M | 54% |
| Water Management Solutions | $145.2M | 46% |
RKLB
| Products | $94.0M | 52% |
| Transferred Over Time | $87.3M | 49% |
