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百通（BDC）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
百通的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.8倍（$720.1M vs $396.1M），百通净利率更高（9.4% vs 4.7%，领先4.7%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 8.1%），百通自由现金流更多（$121.3M vs $-59.8M），过去两年百通的营收复合增速更高（15.9% vs 4.3%）
百通公司是美国上市跨国企业，专注于端到端网络、安全及连接产品的设计、生产与销售，业务覆盖工业自动化解决方案、智能建筑、宽带及5G三大核心领域，为各行业客户提供可靠的通信连接相关产品与服务。
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。
BDC vs CMP — 直观对比
营收规模更大
BDC
是对方的1.8倍
$396.1M
营收增速更快
CMP
高出20.8%
8.1%
净利率更高
BDC
高出4.7%
4.7%
自由现金流更多
BDC
多$181.1M
$-59.8M
两年增速更快
BDC
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $720.1M | $396.1M |
| 净利润 | $67.9M | $18.6M |
| 毛利率 | 36.6% | 16.0% |
| 营业利润率 | 12.2% | 9.2% |
| 净利率 | 9.4% | 4.7% |
| 营收同比 | 8.1% | 28.9% |
| 净利润同比 | 16.3% | 178.8% |
| 每股收益（稀释后） | $1.70 | $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BDCCMP
| Q4 25 | $720.1M | $396.1M | ||
| Q3 25 | $698.2M | $227.5M | ||
| Q2 25 | $672.0M | $214.6M | ||
| Q1 25 | $624.9M | $494.6M | ||
| Q4 24 | $666.0M | $307.2M | ||
| Q3 24 | $654.9M | $208.8M | ||
| Q2 24 | $604.3M | $202.9M | ||
| Q1 24 | $535.7M | $364.0M |
净利润BDCCMP
| Q4 25 | $67.9M | $18.6M | ||
| Q3 25 | $56.7M | $-7.2M | ||
| Q2 25 | $61.0M | $-17.0M | ||
| Q1 25 | $51.9M | $-32.0M | ||
| Q4 24 | $58.4M | $-23.6M | ||
| Q3 24 | $53.7M | $-48.3M | ||
| Q2 24 | $49.0M | $-43.6M | ||
| Q1 24 | $37.3M | $-38.9M |
毛利率BDCCMP
| Q4 25 | 36.6% | 16.0% | ||
| Q3 25 | 37.7% | 16.9% | ||
| Q2 25 | 38.5% | 19.2% | ||
| Q1 25 | 39.3% | 15.5% | ||
| Q4 24 | 37.5% | 11.2% | ||
| Q3 24 | 37.3% | 9.3% | ||
| Q2 24 | 37.5% | 16.1% | ||
| Q1 24 | 37.6% | 19.7% |
营业利润率BDCCMP
| Q4 25 | 12.2% | 9.2% | ||
| Q3 25 | 10.9% | 5.3% | ||
| Q2 25 | 11.8% | 7.4% | ||
| Q1 25 | 11.6% | -0.6% | ||
| Q4 24 | 10.4% | 0.2% | ||
| Q3 24 | 11.5% | -14.3% | ||
| Q2 24 | 11.4% | 2.9% | ||
| Q1 24 | 9.9% | -10.8% |
净利率BDCCMP
| Q4 25 | 9.4% | 4.7% | ||
| Q3 25 | 8.1% | -3.2% | ||
| Q2 25 | 9.1% | -7.9% | ||
| Q1 25 | 8.3% | -6.5% | ||
| Q4 24 | 8.8% | -7.7% | ||
| Q3 24 | 8.2% | -23.1% | ||
| Q2 24 | 8.1% | -21.5% | ||
| Q1 24 | 7.0% | -10.7% |
每股收益（稀释后）BDCCMP
| Q4 25 | $1.70 | $0.43 | ||
| Q3 25 | $1.41 | — | ||
| Q2 25 | $1.53 | $-0.41 | ||
| Q1 25 | $1.27 | $-0.77 | ||
| Q4 24 | $1.41 | $-0.57 | ||
| Q3 24 | $1.30 | $-1.17 | ||
| Q2 24 | $1.19 | $-1.05 | ||
| Q1 24 | $0.90 | $-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 | $389.9M | $46.7M |
| 总债务越低越好 | — | $890.0M |
| 股东权益账面价值 | $1.3B | $260.5M |
| 总资产 | $3.5B | $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BDCCMP
| Q4 25 | $389.9M | $46.7M | ||
| Q3 25 | $314.3M | $59.7M | ||
| Q2 25 | $301.5M | $79.4M | ||
| Q1 25 | $259.0M | $49.5M | ||
| Q4 24 | $370.3M | $45.8M | ||
| Q3 24 | $323.0M | $20.2M | ||
| Q2 24 | $564.8M | $12.8M | ||
| Q1 24 | $506.8M | $38.3M |
总债务BDCCMP
| 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BDCCMP
| Q4 25 | $1.3B | $260.5M | ||
| Q3 25 | $1.2B | $234.1M | ||
| Q2 25 | $1.2B | $249.8M | ||
| Q1 25 | $1.2B | $236.5M | ||
| Q4 24 | $1.3B | $263.0M | ||
| Q3 24 | $1.2B | $316.6M | ||
| Q2 24 | $1.2B | $352.1M | ||
| Q1 24 | $1.2B | $400.4M |
总资产BDCCMP
| Q4 25 | $3.5B | $1.5B | ||
| Q3 25 | $3.4B | $1.5B | ||
| Q2 25 | $3.4B | $1.5B | ||
| Q1 25 | $3.3B | $1.5B | ||
| Q4 24 | $3.3B | $1.7B | ||
| Q3 24 | $3.3B | $1.6B | ||
| Q2 24 | $3.5B | $1.6B | ||
| Q1 24 | $3.1B | $1.7B |
负债/权益比BDCCMP
| 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 | $160.4M | $-37.0M |
| 自由现金流经营现金流 - 资本支出 | $121.3M | $-59.8M |
| 自由现金流率自由现金流/营收 | 16.8% | -15.1% |
| 资本支出强度资本支出/营收 | 5.4% | 5.8% |
| 现金转化率经营现金流/净利润 | 2.36× | -1.99× |
| 过去12个月自由现金流最近4个季度 | $218.7M | $94.1M |
8季度趋势，按日历期对齐
经营现金流BDCCMP
| Q4 25 | $160.4M | $-37.0M | ||
| Q3 25 | $105.0M | $-6.9M | ||
| Q2 25 | $82.0M | $21.8M | ||
| Q1 25 | $7.4M | $186.9M | ||
| Q4 24 | $174.7M | $-4.1M | ||
| Q3 24 | $91.7M | $-12.7M | ||
| Q2 24 | $83.0M | $-6.8M | ||
| Q1 24 | $2.7M | $86.2M |
自由现金流BDCCMP
| Q4 25 | $121.3M | $-59.8M | ||
| Q3 25 | $65.3M | $-22.8M | ||
| Q2 25 | $56.9M | $3.8M | ||
| Q1 25 | $-24.8M | $172.9M | ||
| Q4 24 | $116.4M | $-25.9M | ||
| Q3 24 | $67.2M | $-33.6M | ||
| Q2 24 | $61.0M | $-21.5M | ||
| Q1 24 | $-21.5M | $56.2M |
自由现金流率BDCCMP
| Q4 25 | 16.8% | -15.1% | ||
| Q3 25 | 9.4% | -10.0% | ||
| Q2 25 | 8.5% | 1.8% | ||
| Q1 25 | -4.0% | 35.0% | ||
| Q4 24 | 17.5% | -8.4% | ||
| Q3 24 | 10.3% | -16.1% | ||
| Q2 24 | 10.1% | -10.6% | ||
| Q1 24 | -4.0% | 15.4% |
资本支出强度BDCCMP
| Q4 25 | 5.4% | 5.8% | ||
| Q3 25 | 5.7% | 7.0% | ||
| Q2 25 | 3.7% | 8.4% | ||
| Q1 25 | 5.2% | 2.8% | ||
| Q4 24 | 8.8% | 7.1% | ||
| Q3 24 | 3.7% | 10.0% | ||
| Q2 24 | 3.6% | 7.2% | ||
| Q1 24 | 4.5% | 8.2% |
现金转化率BDCCMP
| Q4 25 | 2.36× | -1.99× | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | — | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 0.07× | — |
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
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
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% |
