vs
CF Industries（CF）与亨廷顿·英格尔斯工业（HII）财务数据对比。点击上方公司名可切换其他公司
CF Industries的季度营收约是亨廷顿·英格尔斯工业的1.2倍（$2.0B vs $1.7B），CF Industries净利率更高（31.0% vs 8.9%，领先22.0%），CF Industries同比增速更快（19.4% vs 13.8%），CF Industries自由现金流更多（$1.7B vs $-461.0M），过去两年CF Industries的营收复合增速更高（12.4% vs -25.2%）
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。
亨廷顿·英格尔斯工业（简称HII）是美国规模最大的军用造船企业，同时面向政府及行业合作伙伴提供专业服务。公司于2011年3月31日从诺斯罗普·格鲁曼公司分拆成立，在防务装备建造及配套服务领域拥有深厚技术积累与行业资源。
CF vs HII — 直观对比
营收规模更大
CF
是对方的1.2倍
$1.7B
营收增速更快
CF
高出5.6%
13.8%
净利率更高
CF
高出22.0%
8.9%
自由现金流更多
CF
多$2.1B
$-461.0M
两年增速更快
CF
近两年复合增速
-25.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.7B |
| 净利润 | $615.0M | $149.0M |
| 毛利率 | 37.6% | — |
| 营业利润率 | 43.5% | 9.3% |
| 净利率 | 31.0% | 8.9% |
| 营收同比 | 19.4% | 13.8% |
| 净利润同比 | 97.1% | — |
| 每股收益（稀释后） | $3.98 | $3.79 |
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CFHII
| Q1 26 | $2.0B | $1.7B | ||
| Q4 25 | $1.9B | $3.5B | ||
| Q3 25 | $1.7B | $3.2B | ||
| Q2 25 | $1.9B | $3.1B | ||
| Q1 25 | $1.7B | $2.7B | ||
| Q4 24 | $1.5B | $3.0B | ||
| Q3 24 | $1.4B | $2.7B | ||
| Q2 24 | $1.6B | $3.0B |
净利润CFHII
| Q1 26 | $615.0M | $149.0M | ||
| Q4 25 | $495.0M | $159.0M | ||
| Q3 25 | $460.0M | $145.0M | ||
| Q2 25 | $492.0M | $152.0M | ||
| Q1 25 | $351.0M | $149.0M | ||
| Q4 24 | $392.0M | $123.0M | ||
| Q3 24 | $341.0M | $101.0M | ||
| Q2 24 | $506.0M | $173.0M |
毛利率CFHII
| 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CFHII
| Q1 26 | 43.5% | 9.3% | ||
| Q4 25 | 33.0% | 4.9% | ||
| Q3 25 | 35.0% | 5.0% | ||
| Q2 25 | 34.3% | 5.3% | ||
| Q1 25 | 27.4% | 5.9% | ||
| Q4 24 | 28.9% | 3.7% | ||
| Q3 24 | 26.6% | 3.0% | ||
| Q2 24 | 40.6% | 6.3% |
净利率CFHII
| Q1 26 | 31.0% | 8.9% | ||
| Q4 25 | 26.4% | 4.6% | ||
| Q3 25 | 27.7% | 4.5% | ||
| Q2 25 | 26.0% | 4.9% | ||
| Q1 25 | 21.1% | 5.4% | ||
| Q4 24 | 25.7% | 4.1% | ||
| Q3 24 | 24.9% | 3.7% | ||
| Q2 24 | 32.2% | 5.8% |
每股收益（稀释后）CFHII
| Q1 26 | $3.98 | $3.79 | ||
| Q4 25 | $2.56 | $4.06 | ||
| Q3 25 | $2.19 | $3.68 | ||
| Q2 25 | $2.37 | $3.86 | ||
| Q1 25 | $1.85 | $3.79 | ||
| Q4 24 | $1.86 | $3.15 | ||
| Q3 24 | $1.55 | $2.56 | ||
| Q2 24 | $2.30 | $4.38 |
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 | — | $216.0M |
| 总债务越低越好 | $3.2B | $2.7B |
| 股东权益账面价值 | $5.3B | $5.1B |
| 总资产 | $14.6B | $12.5B |
| 负债/权益比越低杠杆越低 | 0.60× | 0.52× |
8季度趋势，按日历期对齐
现金及短期投资CFHII
| Q1 26 | — | $216.0M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务CFHII
| Q1 26 | $3.2B | $2.7B | ||
| Q4 25 | $3.2B | $2.7B | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | $2.7B | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — |
股东权益CFHII
| Q1 26 | $5.3B | $5.1B | ||
| Q4 25 | $4.8B | $5.1B | ||
| Q3 25 | $4.8B | $5.0B | ||
| Q2 25 | $5.0B | $4.9B | ||
| Q1 25 | $4.8B | $4.8B | ||
| Q4 24 | $5.0B | $4.7B | ||
| Q3 24 | $5.2B | $4.2B | ||
| Q2 24 | $5.5B | $4.2B |
总资产CFHII
| Q1 26 | $14.6B | $12.5B | ||
| Q4 25 | $14.1B | $12.7B | ||
| Q3 25 | $14.2B | $12.3B | ||
| Q2 25 | $13.8B | $12.1B | ||
| Q1 25 | $13.3B | $12.1B | ||
| Q4 24 | $13.5B | $12.1B | ||
| Q3 24 | $13.8B | $11.1B | ||
| Q2 24 | $13.8B | $11.3B |
负债/权益比CFHII
| Q1 26 | 0.60× | 0.52× | ||
| Q4 25 | 0.66× | 0.53× | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.60× | 0.58× | ||
| Q3 24 | 0.57× | — | ||
| Q2 24 | 0.54× | — |
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 | $-390.0M |
| 自由现金流经营现金流 - 资本支出 | $1.7B | $-461.0M |
| 自由现金流率自由现金流/营收 | 83.2% | -27.7% |
| 资本支出强度资本支出/营收 | 11.2% | 4.4% |
| 现金转化率经营现金流/净利润 | 0.81× | -2.62× |
| 过去12个月自由现金流最近4个季度 | $3.0B | $795.0M |
8季度趋势，按日历期对齐
经营现金流CFHII
| Q1 26 | $496.0M | $-390.0M | ||
| Q4 25 | $539.0M | $650.0M | ||
| Q3 25 | $1.1B | $118.0M | ||
| Q2 25 | $563.0M | $823.0M | ||
| Q1 25 | $586.0M | $-395.0M | ||
| Q4 24 | $420.0M | $391.0M | ||
| Q3 24 | $931.0M | $213.0M | ||
| Q2 24 | $475.0M | $-9.0M |
自由现金流CFHII
| Q1 26 | $1.7B | $-461.0M | ||
| Q4 25 | $313.0M | $516.0M | ||
| Q3 25 | $717.0M | $13.0M | ||
| Q2 25 | $318.0M | $727.0M | ||
| Q1 25 | $454.0M | $-462.0M | ||
| Q4 24 | $223.0M | $277.0M | ||
| Q3 24 | $792.0M | $125.0M | ||
| Q2 24 | $391.0M | $-99.0M |
自由现金流率CFHII
| Q1 26 | 83.2% | -27.7% | ||
| Q4 25 | 16.7% | 14.8% | ||
| Q3 25 | 43.2% | 0.4% | ||
| Q2 25 | 16.8% | 23.6% | ||
| Q1 25 | 27.3% | -16.9% | ||
| Q4 24 | 14.6% | 9.2% | ||
| Q3 24 | 57.8% | 4.5% | ||
| Q2 24 | 24.9% | -3.3% |
资本支出强度CFHII
| Q1 26 | 11.2% | 4.4% | ||
| Q4 25 | 12.1% | 3.9% | ||
| Q3 25 | 20.9% | 3.3% | ||
| Q2 25 | 13.0% | 3.1% | ||
| Q1 25 | 7.9% | 2.5% | ||
| Q4 24 | 12.9% | 3.8% | ||
| Q3 24 | 10.1% | 3.2% | ||
| Q2 24 | 5.3% | 3.0% |
现金转化率CFHII
| Q1 26 | 0.81× | -2.62× | ||
| Q4 25 | 1.09× | 4.09× | ||
| Q3 25 | 2.31× | 0.81× | ||
| Q2 25 | 1.14× | 5.41× | ||
| Q1 25 | 1.67× | -2.65× | ||
| Q4 24 | 1.07× | 3.18× | ||
| Q3 24 | 2.73× | 2.11× | ||
| Q2 24 | 0.94× | -0.05× |
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% |
HII
暂无分部数据
