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Arhaus, Inc.（ARHS）与COMPASS MINERALS INTERNATIONAL INC（CMP）财务数据对比。点击上方公司名可切换其他公司
COMPASS MINERALS INTERNATIONAL INC的季度营收约是Arhaus, Inc.的1.1倍（$396.1M vs $364.8M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs 4.1%，领先0.6%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 5.1%），Arhaus, Inc.自由现金流更多（$-8.8M vs $-59.8M），过去两年Arhaus, Inc.的营收复合增速更高（11.2% vs 4.3%）
Arhaus, Inc.是源自美国的高端家居零售企业，总部位于俄亥俄州波士顿高地，1986年正式创立。品牌主打可持续理念与工匠级品质，产品品类丰富，采用全渠道模式面向个人消费者及企业客户，覆盖民用与商用家居场景，提供相关产品与配套服务。
指南针矿产国际是一家美国上市矿产企业，总部位于堪萨斯州欧弗兰帕克，是盐、氯化镁和硫酸钾等产品的领先生产商。公司面向北美和英国客户供应经处理与未经处理的散装道路除冰盐，同时向全球种植者提供植物营养产品，此外也生产民用除冰、水质调节产品及相关商用产品。
ARHS vs CMP — 直观对比
营收规模更大
CMP
是对方的1.1倍
$364.8M
营收增速更快
CMP
高出23.8%
5.1%
净利率更高
CMP
高出0.6%
4.1%
自由现金流更多
ARHS
多$51.0M
$-59.8M
两年增速更快
ARHS
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $364.8M | $396.1M |
| 净利润 | $15.1M | $18.6M |
| 毛利率 | 38.1% | 16.0% |
| 营业利润率 | 5.6% | 9.2% |
| 净利率 | 4.1% | 4.7% |
| 营收同比 | 5.1% | 28.9% |
| 净利润同比 | -29.1% | 178.8% |
| 每股收益（稀释后） | $0.11 | $0.43 |
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ARHSCMP
| Q4 25 | $364.8M | $396.1M | ||
| Q3 25 | $344.6M | $227.5M | ||
| Q2 25 | $358.4M | $214.6M | ||
| Q1 25 | $311.4M | $494.6M | ||
| Q4 24 | $347.0M | $307.2M | ||
| Q3 24 | $319.1M | $208.8M | ||
| Q2 24 | $309.8M | $202.9M | ||
| Q1 24 | $295.2M | $364.0M |
净利润ARHSCMP
| Q4 25 | $15.1M | $18.6M | ||
| Q3 25 | $12.2M | $-7.2M | ||
| Q2 25 | $35.1M | $-17.0M | ||
| Q1 25 | $4.9M | $-32.0M | ||
| Q4 24 | $21.3M | $-23.6M | ||
| Q3 24 | $9.9M | $-48.3M | ||
| Q2 24 | $22.2M | $-43.6M | ||
| Q1 24 | $15.1M | $-38.9M |
毛利率ARHSCMP
| Q4 25 | 38.1% | 16.0% | ||
| Q3 25 | 38.7% | 16.9% | ||
| Q2 25 | 41.4% | 19.2% | ||
| Q1 25 | 37.1% | 15.5% | ||
| Q4 24 | 40.0% | 11.2% | ||
| Q3 24 | 38.6% | 9.3% | ||
| Q2 24 | 40.1% | 16.1% | ||
| Q1 24 | 39.0% | 19.7% |
营业利润率ARHSCMP
| Q4 25 | 5.6% | 9.2% | ||
| Q3 25 | 4.8% | 5.3% | ||
| Q2 25 | 13.0% | 7.4% | ||
| Q1 25 | 1.7% | -0.6% | ||
| Q4 24 | 8.2% | 0.2% | ||
| Q3 24 | 3.3% | -14.3% | ||
| Q2 24 | 9.5% | 2.9% | ||
| Q1 24 | 6.2% | -10.8% |
净利率ARHSCMP
| Q4 25 | 4.1% | 4.7% | ||
| Q3 25 | 3.5% | -3.2% | ||
| Q2 25 | 9.8% | -7.9% | ||
| Q1 25 | 1.6% | -6.5% | ||
| Q4 24 | 6.1% | -7.7% | ||
| Q3 24 | 3.1% | -23.1% | ||
| Q2 24 | 7.2% | -21.5% | ||
| Q1 24 | 5.1% | -10.7% |
每股收益（稀释后）ARHSCMP
| Q4 25 | $0.11 | $0.43 | ||
| Q3 25 | $0.09 | — | ||
| Q2 25 | $0.25 | $-0.41 | ||
| Q1 25 | $0.03 | $-0.77 | ||
| Q4 24 | $0.15 | $-0.57 | ||
| Q3 24 | $0.07 | $-1.17 | ||
| Q2 24 | $0.16 | $-1.05 | ||
| Q1 24 | $0.11 | $-0.94 |
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 | $253.4M | $46.7M |
| 总债务越低越好 | — | $890.0M |
| 股东权益账面价值 | $418.2M | $260.5M |
| 总资产 | $1.4B | $1.5B |
| 负债/权益比越低杠杆越低 | — | 3.42× |
8季度趋势，按日历期对齐
现金及短期投资ARHSCMP
| Q4 25 | $253.4M | $46.7M | ||
| Q3 25 | $262.2M | $59.7M | ||
| Q2 25 | $234.8M | $79.4M | ||
| Q1 25 | $214.4M | $49.5M | ||
| Q4 24 | $197.5M | $45.8M | ||
| Q3 24 | $177.7M | $20.2M | ||
| Q2 24 | $174.2M | $12.8M | ||
| Q1 24 | $233.2M | $38.3M |
总债务ARHSCMP
| Q4 25 | — | $890.0M | ||
| Q3 25 | — | $839.8M | ||
| Q2 25 | — | $833.4M | ||
| Q1 25 | — | $807.6M | ||
| Q4 24 | — | $974.4M | ||
| Q3 24 | — | $921.2M | ||
| Q2 24 | — | $875.1M | ||
| Q1 24 | — | $877.2M |
股东权益ARHSCMP
| Q4 25 | $418.2M | $260.5M | ||
| Q3 25 | $400.4M | $234.1M | ||
| Q2 25 | $385.6M | $249.8M | ||
| Q1 25 | $348.8M | $236.5M | ||
| Q4 24 | $343.7M | $263.0M | ||
| Q3 24 | $320.6M | $316.6M | ||
| Q2 24 | $309.3M | $352.1M | ||
| Q1 24 | $285.6M | $400.4M |
总资产ARHSCMP
| Q4 25 | $1.4B | $1.5B | ||
| Q3 25 | $1.4B | $1.5B | ||
| Q2 25 | $1.3B | $1.5B | ||
| Q1 25 | $1.3B | $1.5B | ||
| Q4 24 | $1.2B | $1.7B | ||
| Q3 24 | $1.2B | $1.6B | ||
| Q2 24 | $1.2B | $1.6B | ||
| Q1 24 | $1.2B | $1.7B |
负债/权益比ARHSCMP
| Q4 25 | — | 3.42× | ||
| Q3 25 | — | 3.59× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 3.41× | ||
| Q4 24 | — | 3.70× | ||
| Q3 24 | — | 2.91× | ||
| Q2 24 | — | 2.49× | ||
| Q1 24 | — | 2.19× |
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 | $9.3M | $-37.0M |
| 自由现金流经营现金流 - 资本支出 | $-8.8M | $-59.8M |
| 自由现金流率自由现金流/营收 | -2.4% | -15.1% |
| 资本支出强度资本支出/营收 | 5.0% | 5.8% |
| 现金转化率经营现金流/净利润 | 0.62× | -1.99× |
| 过去12个月自由现金流最近4个季度 | $59.0M | $94.1M |
8季度趋势，按日历期对齐
经营现金流ARHSCMP
| Q4 25 | $9.3M | $-37.0M | ||
| Q3 25 | $46.1M | $-6.9M | ||
| Q2 25 | $34.9M | $21.8M | ||
| Q1 25 | $46.5M | $186.9M | ||
| Q4 24 | $31.7M | $-4.1M | ||
| Q3 24 | $31.1M | $-12.7M | ||
| Q2 24 | $47.5M | $-6.8M | ||
| Q1 24 | $36.8M | $86.2M |
自由现金流ARHSCMP
| Q4 25 | $-8.8M | $-59.8M | ||
| Q3 25 | $28.0M | $-22.8M | ||
| Q2 25 | $20.9M | $3.8M | ||
| Q1 25 | $18.9M | $172.9M | ||
| Q4 24 | $13.0M | $-25.9M | ||
| Q3 24 | $4.6M | $-33.6M | ||
| Q2 24 | $11.3M | $-21.5M | ||
| Q1 24 | $10.9M | $56.2M |
自由现金流率ARHSCMP
| Q4 25 | -2.4% | -15.1% | ||
| Q3 25 | 8.1% | -10.0% | ||
| Q2 25 | 5.8% | 1.8% | ||
| Q1 25 | 6.1% | 35.0% | ||
| Q4 24 | 3.7% | -8.4% | ||
| Q3 24 | 1.4% | -16.1% | ||
| Q2 24 | 3.6% | -10.6% | ||
| Q1 24 | 3.7% | 15.4% |
资本支出强度ARHSCMP
| Q4 25 | 5.0% | 5.8% | ||
| Q3 25 | 5.3% | 7.0% | ||
| Q2 25 | 3.9% | 8.4% | ||
| Q1 25 | 8.9% | 2.8% | ||
| Q4 24 | 5.4% | 7.1% | ||
| Q3 24 | 8.3% | 10.0% | ||
| Q2 24 | 11.7% | 7.2% | ||
| Q1 24 | 8.8% | 8.2% |
现金转化率ARHSCMP
| Q4 25 | 0.62× | -1.99× | ||
| Q3 25 | 3.77× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 9.53× | — | ||
| Q4 24 | 1.49× | — | ||
| Q3 24 | 3.14× | — | ||
| Q2 24 | 2.14× | — | ||
| Q1 24 | 2.44× | — |
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
ARHS
| Sales Channel Retail | $305.7M | 84% |
| Sales Channel E Commerce | $59.2M | 16% |
CMP
| Highway Deicing Salt | $210.8M | 53% |
| Consumer Industrial Salt | $120.7M | 30% |
| Plant Nutrition | $60.8M | 15% |
| Transferred Over Time | $2.8M | 1% |
| Other | $1.0M | 0% |
