vs
CF Industries（CF）与布鲁姆能源（CLNE）财务数据对比。点击上方公司名可切换其他公司
CF Industries的季度营收约是布鲁姆能源的16.9倍（$2.0B vs $117.6M），CF Industries净利率更高（31.0% vs -10.6%，领先41.5%），CF Industries同比增速更快（19.4% vs 0.0%），过去两年CF Industries的营收复合增速更高（12.4% vs 9.5%）
CF Industries Holdings Inc.是美国知名农用肥料生产及分销商，1946年成立时名为中央农民肥料公司，总部位于芝加哥郊区的伊利诺伊州诺斯布鲁克。公司主营氨、尿素、硝酸铵等肥料产品，最初为区域农业供应合作社联盟，成立56年后完成股份化改制，转为公开上市企业。
布鲁姆能源是一家美国上市企业，设计并制造固体氧化物燃料电池，该产品可在数据中心、制造业及其他商业领域的场所内独立发电。公司成立于2001年，总部位于加利福尼亚州圣何塞，其技术依靠化学转化过程发电，无需依赖传统燃烧，可使用天然气、沼气或氢气作为燃料。
CF vs CLNE — 直观对比
营收规模更大
CF
是对方的16.9倍
$117.6M
营收增速更快
CF
高出19.4%
0.0%
净利率更高
CF
高出41.5%
-10.6%
两年增速更快
CF
近两年复合增速
9.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $117.6M |
| 净利润 | $615.0M | $-12.4M |
| 毛利率 | 37.6% | — |
| 营业利润率 | 43.5% | -2.5% |
| 净利率 | 31.0% | -10.6% |
| 营收同比 | 19.4% | 0.0% |
| 净利润同比 | 97.1% | — |
| 每股收益（稀释后） | $3.98 | — |
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CFCLNE
| Q1 26 | $2.0B | $117.6M | ||
| Q4 25 | $1.9B | $112.3M | ||
| Q3 25 | $1.7B | $106.1M | ||
| Q2 25 | $1.9B | $102.6M | ||
| Q1 25 | $1.7B | $103.8M | ||
| Q4 24 | $1.5B | $109.3M | ||
| Q3 24 | $1.4B | $104.9M | ||
| Q2 24 | $1.6B | $98.0M |
净利润CFCLNE
| Q1 26 | $615.0M | $-12.4M | ||
| Q4 25 | $495.0M | $-43.0M | ||
| Q3 25 | $460.0M | $-23.8M | ||
| Q2 25 | $492.0M | $-20.2M | ||
| Q1 25 | $351.0M | $-135.0M | ||
| Q4 24 | $392.0M | $-30.2M | ||
| Q3 24 | $341.0M | $-18.2M | ||
| Q2 24 | $506.0M | $-16.3M |
毛利率CFCLNE
| Q1 26 | 37.6% | — | ||
| Q4 25 | 40.9% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 39.9% | — | ||
| Q1 25 | 34.4% | — | ||
| Q4 24 | 34.4% | — | ||
| Q3 24 | 32.4% | — | ||
| Q2 24 | 43.2% | — |
营业利润率CFCLNE
| Q1 26 | 43.5% | -2.5% | ||
| Q4 25 | 33.0% | -9.5% | ||
| Q3 25 | 35.0% | -12.8% | ||
| Q2 25 | 34.3% | -9.0% | ||
| Q1 25 | 27.4% | -121.7% | ||
| Q4 24 | 28.9% | -11.8% | ||
| Q3 24 | 26.6% | -8.1% | ||
| Q2 24 | 40.6% | -5.7% |
净利率CFCLNE
| Q1 26 | 31.0% | -10.6% | ||
| Q4 25 | 26.4% | -38.3% | ||
| Q3 25 | 27.7% | -22.4% | ||
| Q2 25 | 26.0% | -19.7% | ||
| Q1 25 | 21.1% | -130.1% | ||
| Q4 24 | 25.7% | -27.6% | ||
| Q3 24 | 24.9% | -17.3% | ||
| Q2 24 | 32.2% | -16.6% |
每股收益（稀释后）CFCLNE
| Q1 26 | $3.98 | — | ||
| Q4 25 | $2.56 | $-0.21 | ||
| Q3 25 | $2.19 | $-0.11 | ||
| Q2 25 | $2.37 | $-0.09 | ||
| Q1 25 | $1.85 | $-0.60 | ||
| Q4 24 | $1.86 | $-0.14 | ||
| Q3 24 | $1.55 | $-0.08 | ||
| Q2 24 | $2.30 | $-0.07 |
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 | — | $70.8M |
| 总债务越低越好 | $3.2B | $54.0K |
| 股东权益账面价值 | $5.3B | $563.7M |
| 总资产 | $14.6B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.60× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CFCLNE
| Q1 26 | — | $70.8M | ||
| Q4 25 | — | $156.1M | ||
| Q3 25 | — | $232.2M | ||
| Q2 25 | — | $240.8M | ||
| Q1 25 | — | $226.6M | ||
| Q4 24 | — | $217.5M | ||
| Q3 24 | — | $243.5M | ||
| Q2 24 | — | $249.3M |
总债务CFCLNE
| Q1 26 | $3.2B | $54.0K | ||
| Q4 25 | $3.2B | $226.8M | ||
| Q3 25 | $3.0B | $284.3M | ||
| Q2 25 | $3.0B | $277.9M | ||
| Q1 25 | $3.0B | $271.6M | ||
| Q4 24 | $3.0B | $265.4M | ||
| Q3 24 | $3.0B | $264.1M | ||
| Q2 24 | $3.0B | $263.0M |
股东权益CFCLNE
| Q1 26 | $5.3B | $563.7M | ||
| Q4 25 | $4.8B | $559.4M | ||
| Q3 25 | $4.8B | $585.2M | ||
| Q2 25 | $5.0B | $590.8M | ||
| Q1 25 | $4.8B | $596.7M | ||
| Q4 24 | $5.0B | $713.3M | ||
| Q3 24 | $5.2B | $724.8M | ||
| Q2 24 | $5.5B | $723.0M |
总资产CFCLNE
| Q1 26 | $14.6B | $1.0B | ||
| Q4 25 | $14.1B | $1.1B | ||
| Q3 25 | $14.2B | $1.1B | ||
| Q2 25 | $13.8B | $1.1B | ||
| Q1 25 | $13.3B | $1.1B | ||
| Q4 24 | $13.5B | $1.2B | ||
| Q3 24 | $13.8B | $1.2B | ||
| Q2 24 | $13.8B | $1.2B |
负债/权益比CFCLNE
| Q1 26 | 0.60× | 0.00× | ||
| Q4 25 | 0.66× | 0.41× | ||
| Q3 25 | 0.61× | 0.49× | ||
| Q2 25 | 0.60× | 0.47× | ||
| Q1 25 | 0.62× | 0.46× | ||
| Q4 24 | 0.60× | 0.37× | ||
| Q3 24 | 0.57× | 0.36× | ||
| Q2 24 | 0.54× | 0.36× |
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 | $496.0M | — |
| 自由现金流经营现金流 - 资本支出 | $1.7B | — |
| 自由现金流率自由现金流/营收 | 83.2% | — |
| 资本支出强度资本支出/营收 | 11.2% | — |
| 现金转化率经营现金流/净利润 | 0.81× | — |
| 过去12个月自由现金流最近4个季度 | $3.0B | — |
8季度趋势，按日历期对齐
经营现金流CFCLNE
| Q1 26 | $496.0M | — | ||
| Q4 25 | $539.0M | $13.1M | ||
| Q3 25 | $1.1B | $13.1M | ||
| Q2 25 | $563.0M | $35.9M | ||
| Q1 25 | $586.0M | $23.4M | ||
| Q4 24 | $420.0M | $21.9M | ||
| Q3 24 | $931.0M | $21.4M | ||
| Q2 24 | $475.0M | $18.8M |
自由现金流CFCLNE
| Q1 26 | $1.7B | — | ||
| Q4 25 | $313.0M | $6.5M | ||
| Q3 25 | $717.0M | $6.5M | ||
| Q2 25 | $318.0M | $30.9M | ||
| Q1 25 | $454.0M | $15.9M | ||
| Q4 24 | $223.0M | $10.3M | ||
| Q3 24 | $792.0M | $42.0K | ||
| Q2 24 | $391.0M | $4.8M |
自由现金流率CFCLNE
| Q1 26 | 83.2% | — | ||
| Q4 25 | 16.7% | 5.8% | ||
| Q3 25 | 43.2% | 6.1% | ||
| Q2 25 | 16.8% | 30.2% | ||
| Q1 25 | 27.3% | 15.4% | ||
| Q4 24 | 14.6% | 9.5% | ||
| Q3 24 | 57.8% | 0.0% | ||
| Q2 24 | 24.9% | 4.9% |
资本支出强度CFCLNE
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.1% | 5.9% | ||
| Q3 25 | 20.9% | 6.2% | ||
| Q2 25 | 13.0% | 4.8% | ||
| Q1 25 | 7.9% | 7.2% | ||
| Q4 24 | 12.9% | 10.5% | ||
| Q3 24 | 10.1% | 20.3% | ||
| Q2 24 | 5.3% | 14.2% |
现金转化率CFCLNE
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.09× | — | ||
| Q3 25 | 2.31× | — | ||
| Q2 25 | 1.14× | — | ||
| Q1 25 | 1.67× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 2.73× | — | ||
| Q2 24 | 0.94× | — |
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
CF
| EBITDA | $1.0B | 51% |
| Other | $975.0M | 49% |
| Loss on foreign currency transactions | $3.0M | 0% |
CLNE
| Product revenue | $102.9M | 88% |
| Service revenue | $14.7M | 12% |
