vs
CF Industries（CF）与希捷科技（STX）财务数据对比。点击上方公司名可切换其他公司
希捷科技的季度营收约是CF Industries的1.7倍（$3.1B vs $1.9B），CF Industries净利率更高（26.4% vs 24.0%，领先2.4%），希捷科技同比增速更快（44.1% vs 22.8%），希捷科技自由现金流更多（$953.0M vs $313.0M），过去两年希捷科技的营收复合增速更高（28.4% vs 12.8%）
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。
希捷科技是全球知名的美国数据存储企业，1978年注册成立时名为舒加特科技，1979年正式开展业务，2010年起注册地变更为爱尔兰都柏林，运营总部设在美国加利福尼亚州弗里蒙特，面向全球市场提供专业的数据存储产品与解决方案。
CF vs STX — 直观对比
营收规模更大
STX
是对方的1.7倍
$1.9B
营收增速更快
STX
高出21.2%
22.8%
净利率更高
CF
高出2.4%
24.0%
自由现金流更多
STX
多$640.0M
$313.0M
两年增速更快
STX
近两年复合增速
12.8%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.9B | $3.1B |
| 净利润 | $495.0M | $748.0M |
| 毛利率 | 40.9% | 46.5% |
| 营业利润率 | 33.0% | 32.1% |
| 净利率 | 26.4% | 24.0% |
| 营收同比 | 22.8% | 44.1% |
| 净利润同比 | 26.3% | -23.8% |
| 每股收益（稀释后） | $2.56 | $3.27 |
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CFSTX
| Q3 26 | — | $3.1B | ||
| Q1 26 | — | $2.8B | ||
| Q4 25 | $1.9B | $2.6B | ||
| Q3 25 | $1.7B | — | ||
| Q2 25 | $1.9B | $2.4B | ||
| Q1 25 | $1.7B | $2.2B | ||
| Q4 24 | $1.5B | $2.3B | ||
| Q3 24 | $1.4B | $2.2B |
净利润CFSTX
| Q3 26 | — | $748.0M | ||
| Q1 26 | — | $593.0M | ||
| Q4 25 | $495.0M | $549.0M | ||
| Q3 25 | $460.0M | — | ||
| Q2 25 | $492.0M | $488.0M | ||
| Q1 25 | $351.0M | $340.0M | ||
| Q4 24 | $392.0M | $336.0M | ||
| Q3 24 | $341.0M | $305.0M |
毛利率CFSTX
| Q3 26 | — | 46.5% | ||
| Q1 26 | — | 41.6% | ||
| Q4 25 | 40.9% | 39.4% | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 39.9% | 37.4% | ||
| Q1 25 | 34.4% | 35.2% | ||
| Q4 24 | 34.4% | 34.9% | ||
| Q3 24 | 32.4% | 32.9% |
营业利润率CFSTX
| Q3 26 | — | 32.1% | ||
| Q1 26 | — | 29.8% | ||
| Q4 25 | 33.0% | 26.4% | ||
| Q3 25 | 35.0% | — | ||
| Q2 25 | 34.3% | 23.2% | ||
| Q1 25 | 27.4% | 20.0% | ||
| Q4 24 | 28.9% | 21.0% | ||
| Q3 24 | 26.6% | 18.6% |
净利率CFSTX
| Q3 26 | — | 24.0% | ||
| Q1 26 | — | 21.0% | ||
| Q4 25 | 26.4% | 20.9% | ||
| Q3 25 | 27.7% | — | ||
| Q2 25 | 26.0% | 20.0% | ||
| Q1 25 | 21.1% | 15.7% | ||
| Q4 24 | 25.7% | 14.5% | ||
| Q3 24 | 24.9% | 14.1% |
每股收益（稀释后）CFSTX
| Q3 26 | — | $3.27 | ||
| Q1 26 | — | $2.60 | ||
| Q4 25 | $2.56 | $2.43 | ||
| Q3 25 | $2.19 | — | ||
| Q2 25 | $2.37 | $2.24 | ||
| Q1 25 | $1.85 | $1.57 | ||
| Q4 24 | $1.86 | $1.55 | ||
| Q3 24 | $1.55 | $1.41 |
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 | — | $1.1B |
| 总债务越低越好 | $3.2B | $3.9B |
| 股东权益账面价值 | $4.8B | — |
| 总资产 | $14.1B | $8.9B |
| 负债/权益比越低杠杆越低 | 0.66× | — |
8季度趋势，按日历期对齐
现金及短期投资CFSTX
| Q3 26 | — | $1.1B | ||
| Q1 26 | — | $1.0B | ||
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $891.0M | ||
| Q1 25 | — | $814.0M | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B |
总债务CFSTX
| Q3 26 | — | $3.9B | ||
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | — | ||
| Q3 25 | $3.0B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $3.0B | — |
股东权益CFSTX
| Q3 26 | — | — | ||
| Q1 26 | — | $459.0M | ||
| Q4 25 | $4.8B | $-63.0M | ||
| Q3 25 | $4.8B | — | ||
| Q2 25 | $5.0B | $-453.0M | ||
| Q1 25 | $4.8B | $-829.0M | ||
| Q4 24 | $5.0B | $-1.1B | ||
| Q3 24 | $5.2B | $-1.3B |
总资产CFSTX
| Q3 26 | — | $8.9B | ||
| Q1 26 | — | $8.7B | ||
| Q4 25 | $14.1B | $8.4B | ||
| Q3 25 | $14.2B | — | ||
| Q2 25 | $13.8B | $8.0B | ||
| Q1 25 | $13.3B | $7.6B | ||
| Q4 24 | $13.5B | $8.0B | ||
| Q3 24 | $13.8B | $8.0B |
负债/权益比CFSTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.60× | — | ||
| Q1 25 | 0.62× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.57× | — |
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 | $539.0M | $2.4B |
| 自由现金流经营现金流 - 资本支出 | $313.0M | $953.0M |
| 自由现金流率自由现金流/营收 | 16.7% | 30.6% |
| 资本支出强度资本支出/营收 | 12.1% | — |
| 现金转化率经营现金流/净利润 | 1.09× | 3.17× |
| 过去12个月自由现金流最近4个季度 | $1.8B | — |
8季度趋势，按日历期对齐
经营现金流CFSTX
| Q3 26 | — | $2.4B | ||
| Q1 26 | — | — | ||
| Q4 25 | $539.0M | $532.0M | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $563.0M | $508.0M | ||
| Q1 25 | $586.0M | $259.0M | ||
| Q4 24 | $420.0M | $221.0M | ||
| Q3 24 | $931.0M | $95.0M |
自由现金流CFSTX
| Q3 26 | — | $953.0M | ||
| Q1 26 | — | — | ||
| Q4 25 | $313.0M | $427.0M | ||
| Q3 25 | $717.0M | — | ||
| Q2 25 | $318.0M | $425.0M | ||
| Q1 25 | $454.0M | $216.0M | ||
| Q4 24 | $223.0M | $150.0M | ||
| Q3 24 | $792.0M | $27.0M |
自由现金流率CFSTX
| Q3 26 | — | 30.6% | ||
| Q1 26 | — | — | ||
| Q4 25 | 16.7% | 16.2% | ||
| Q3 25 | 43.2% | — | ||
| Q2 25 | 16.8% | 17.4% | ||
| Q1 25 | 27.3% | 10.0% | ||
| Q4 24 | 14.6% | 6.5% | ||
| Q3 24 | 57.8% | 1.2% |
资本支出强度CFSTX
| Q3 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | 4.0% | ||
| Q3 25 | 20.9% | — | ||
| Q2 25 | 13.0% | 3.4% | ||
| Q1 25 | 7.9% | 2.0% | ||
| Q4 24 | 12.9% | 3.1% | ||
| Q3 24 | 10.1% | 3.1% |
现金转化率CFSTX
| Q3 26 | — | 3.17× | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.09× | 0.97× | ||
| Q3 25 | 2.31× | — | ||
| Q2 25 | 1.14× | 1.04× | ||
| Q1 25 | 1.67× | 0.76× | ||
| Q4 24 | 1.07× | 0.66× | ||
| Q3 24 | 2.73× | 0.31× |
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
| Ammonia | $591.0M | 32% |
| UAN | $493.0M | 26% |
| Urea | $372.0M | 20% |
| Other | $244.0M | 13% |
| Other Products | $147.0M | 8% |
| Ammonium Nitrate Segment | $25.0M | 1% |
STX
暂无分部数据
