vs
CF Industries（CF）与罗宾汉（HOOD）财务数据对比。点击上方公司名可切换其他公司
CF Industries的季度营收约是罗宾汉的1.9倍（$2.0B vs $1.1B），罗宾汉净利率更高（32.4% vs 31.0%，领先1.5%），CF Industries同比增速更快（19.4% vs 15.1%），过去两年罗宾汉的营收复合增速更高（25.1% vs 12.4%）
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。
罗宾汉市场（Robinhood Markets, Inc.）是总部位于美国加利福尼亚州门洛帕克的金融服务企业，旗下电子交易平台支持股票、ETF、期权、期货、加密货币等品类交易，还提供加密货币钱包、财富管理、信用卡等金融服务，部分银行服务与FDIC投保银行合作推出，同时运营新闻网站Sherwood.News。
CF vs HOOD — 直观对比
营收规模更大
CF
是对方的1.9倍
$1.1B
营收增速更快
CF
高出4.3%
15.1%
净利率更高
HOOD
高出1.5%
31.0%
两年增速更快
HOOD
近两年复合增速
12.4%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.0B | $1.1B |
| 净利润 | $615.0M | $346.0M |
| 毛利率 | 37.6% | — |
| 营业利润率 | 43.5% | 38.5% |
| 净利率 | 31.0% | 32.4% |
| 营收同比 | 19.4% | 15.1% |
| 净利润同比 | 97.1% | 3.0% |
| 每股收益（稀释后） | $3.98 | $0.38 |
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CFHOOD
| Q1 26 | $2.0B | $1.1B | ||
| Q4 25 | $1.9B | $1.3B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.9B | $989.0M | ||
| Q1 25 | $1.7B | $927.0M | ||
| Q4 24 | $1.5B | $1.0B | ||
| Q3 24 | $1.4B | $637.0M | ||
| Q2 24 | $1.6B | $682.0M |
净利润CFHOOD
| Q1 26 | $615.0M | $346.0M | ||
| Q4 25 | $495.0M | $605.0M | ||
| Q3 25 | $460.0M | $556.0M | ||
| Q2 25 | $492.0M | $386.0M | ||
| Q1 25 | $351.0M | $336.0M | ||
| Q4 24 | $392.0M | $916.0M | ||
| Q3 24 | $341.0M | $150.0M | ||
| Q2 24 | $506.0M | $188.0M |
毛利率CFHOOD
| 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CFHOOD
| Q1 26 | 43.5% | 38.5% | ||
| Q4 25 | 33.0% | 51.5% | ||
| Q3 25 | 35.0% | 49.8% | ||
| Q2 25 | 34.3% | 44.7% | ||
| Q1 25 | 27.4% | 40.0% | ||
| Q4 24 | 28.9% | 55.0% | ||
| Q3 24 | 26.6% | 24.0% | ||
| Q2 24 | 40.6% | 28.0% |
净利率CFHOOD
| Q1 26 | 31.0% | 32.4% | ||
| Q4 25 | 26.4% | 47.2% | ||
| Q3 25 | 27.7% | 43.6% | ||
| Q2 25 | 26.0% | 39.0% | ||
| Q1 25 | 21.1% | 36.2% | ||
| Q4 24 | 25.7% | 90.3% | ||
| Q3 24 | 24.9% | 23.5% | ||
| Q2 24 | 32.2% | 27.6% |
每股收益（稀释后）CFHOOD
| Q1 26 | $3.98 | $0.38 | ||
| Q4 25 | $2.56 | $0.65 | ||
| Q3 25 | $2.19 | $0.61 | ||
| Q2 25 | $2.37 | $0.42 | ||
| Q1 25 | $1.85 | $0.37 | ||
| Q4 24 | $1.86 | $1.00 | ||
| Q3 24 | $1.55 | $0.17 | ||
| Q2 24 | $2.30 | $0.21 |
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 | — | $5.0B |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $5.3B | $9.7B |
| 总资产 | $14.6B | $45.5B |
| 负债/权益比越低杠杆越低 | 0.60× | — |
8季度趋势，按日历期对齐
现金及短期投资CFHOOD
| Q1 26 | — | $5.0B | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $4.3B | ||
| Q2 25 | — | $4.2B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $4.5B |
总债务CFHOOD
| Q1 26 | $3.2B | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | — | ||
| Q2 24 | $3.0B | — |
股东权益CFHOOD
| Q1 26 | $5.3B | $9.7B | ||
| Q4 25 | $4.8B | $9.2B | ||
| Q3 25 | $4.8B | $8.6B | ||
| Q2 25 | $5.0B | $8.1B | ||
| Q1 25 | $4.8B | $8.0B | ||
| Q4 24 | $5.0B | $8.0B | ||
| Q3 24 | $5.2B | $7.2B | ||
| Q2 24 | $5.5B | $7.1B |
总资产CFHOOD
| Q1 26 | $14.6B | $45.5B | ||
| Q4 25 | $14.1B | $38.1B | ||
| Q3 25 | $14.2B | $41.5B | ||
| Q2 25 | $13.8B | $35.3B | ||
| Q1 25 | $13.3B | $27.5B | ||
| Q4 24 | $13.5B | $26.2B | ||
| Q3 24 | $13.8B | $43.2B | ||
| Q2 24 | $13.8B | $41.3B |
负债/权益比CFHOOD
| Q1 26 | 0.60× | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.60× | — | ||
| 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 | $2.0B |
| 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× | 5.89× |
| 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CFHOOD
| Q1 26 | $496.0M | $2.0B | ||
| Q4 25 | $539.0M | $-937.0M | ||
| Q3 25 | $1.1B | $-1.6B | ||
| Q2 25 | $563.0M | $3.5B | ||
| Q1 25 | $586.0M | $642.0M | ||
| Q4 24 | $420.0M | $-1.4B | ||
| Q3 24 | $931.0M | $1.8B | ||
| Q2 24 | $475.0M | $54.0M |
自由现金流CFHOOD
| Q1 26 | $1.7B | — | ||
| Q4 25 | $313.0M | — | ||
| Q3 25 | $717.0M | — | ||
| Q2 25 | $318.0M | — | ||
| Q1 25 | $454.0M | — | ||
| Q4 24 | $223.0M | — | ||
| Q3 24 | $792.0M | — | ||
| Q2 24 | $391.0M | — |
自由现金流率CFHOOD
| Q1 26 | 83.2% | — | ||
| Q4 25 | 16.7% | — | ||
| Q3 25 | 43.2% | — | ||
| Q2 25 | 16.8% | — | ||
| Q1 25 | 27.3% | — | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | 57.8% | — | ||
| Q2 24 | 24.9% | — |
资本支出强度CFHOOD
| Q1 26 | 11.2% | — | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 20.9% | — | ||
| Q2 25 | 13.0% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 12.9% | — | ||
| Q3 24 | 10.1% | — | ||
| Q2 24 | 5.3% | — |
现金转化率CFHOOD
| Q1 26 | 0.81× | 5.89× | ||
| Q4 25 | 1.09× | -1.55× | ||
| Q3 25 | 2.31× | -2.83× | ||
| Q2 25 | 1.14× | 9.09× | ||
| Q1 25 | 1.67× | 1.91× | ||
| Q4 24 | 1.07× | -1.53× | ||
| Q3 24 | 2.73× | 12.08× | ||
| Q2 24 | 0.94× | 0.29× |
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% |
HOOD
| Net interest | $359.0M | 34% |
| Options | $260.0M | 24% |
| Other transaction | $147.0M | 14% |
| Cryptocurrencies | $134.0M | 13% |
| Other revenues | $85.0M | 8% |
| Equities | $82.0M | 8% |
