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COMPASS MINERALS INTERNATIONAL INC（CMP）与杜比实验室（DLB）财务数据对比。点击上方公司名可切换其他公司
COMPASS MINERALS INTERNATIONAL INC的季度营收约是杜比实验室的1.0倍（$396.1M vs $395.6M），杜比实验室净利率更高（24.0% vs 4.7%，领先19.3%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 7.1%），过去两年杜比实验室的营收复合增速更高（13.9% vs 4.3%）
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。
杜比实验室是一家美国科技企业，专注于音频降噪、音频编码压缩、空间音频及高动态范围（HDR）影像等技术的研发，旗下技术广泛授权给全球各地的消费电子制造商使用，助力终端产品为用户带来更出色的视听体验。
CMP vs DLB — 直观对比
营收规模更大
CMP
是对方的1.0倍
$395.6M
营收增速更快
CMP
高出21.9%
7.1%
净利率更高
DLB
高出19.3%
4.7%
两年增速更快
DLB
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $395.6M |
| 净利润 | $18.6M | $94.9M |
| 毛利率 | 16.0% | 88.7% |
| 营业利润率 | 9.2% | 28.5% |
| 净利率 | 4.7% | 24.0% |
| 营收同比 | 28.9% | 7.1% |
| 净利润同比 | 178.8% | 3.4% |
| 每股收益（稀释后） | $0.43 | $0.99 |
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CMPDLB
| Q2 26 | — | $395.6M | ||
| Q1 26 | — | $346.7M | ||
| Q4 25 | $396.1M | $346.7M | ||
| Q3 25 | $227.5M | $307.0M | ||
| Q2 25 | $214.6M | $315.5M | ||
| Q1 25 | $494.6M | $369.6M | ||
| Q4 24 | $307.2M | $357.0M | ||
| Q3 24 | $208.8M | $304.8M |
净利润CMPDLB
| Q2 26 | — | $94.9M | ||
| Q1 26 | — | $53.3M | ||
| Q4 25 | $18.6M | $53.3M | ||
| Q3 25 | $-7.2M | $49.3M | ||
| Q2 25 | $-17.0M | $46.1M | ||
| Q1 25 | $-32.0M | $91.8M | ||
| Q4 24 | $-23.6M | $67.8M | ||
| Q3 24 | $-48.3M | $58.6M |
毛利率CMPDLB
| Q2 26 | — | 88.7% | ||
| Q1 26 | — | 87.5% | ||
| Q4 25 | 16.0% | 87.5% | ||
| Q3 25 | 16.9% | 87.1% | ||
| Q2 25 | 19.2% | 86.1% | ||
| Q1 25 | 15.5% | 90.3% | ||
| Q4 24 | 11.2% | 88.6% | ||
| Q3 24 | 9.3% | 88.8% |
营业利润率CMPDLB
| Q2 26 | — | 28.5% | ||
| Q1 26 | — | 17.9% | ||
| Q4 25 | 9.2% | 17.9% | ||
| Q3 25 | 5.3% | 9.7% | ||
| Q2 25 | 7.4% | 15.1% | ||
| Q1 25 | -0.6% | 29.2% | ||
| Q4 24 | 0.2% | 22.4% | ||
| Q3 24 | -14.3% | 15.2% |
净利率CMPDLB
| Q2 26 | — | 24.0% | ||
| Q1 26 | — | 15.4% | ||
| Q4 25 | 4.7% | 15.4% | ||
| Q3 25 | -3.2% | 16.1% | ||
| Q2 25 | -7.9% | 14.6% | ||
| Q1 25 | -6.5% | 24.8% | ||
| Q4 24 | -7.7% | 19.0% | ||
| Q3 24 | -23.1% | 19.2% |
每股收益（稀释后）CMPDLB
| Q2 26 | — | $0.99 | ||
| Q1 26 | — | $0.55 | ||
| Q4 25 | $0.43 | $0.55 | ||
| Q3 25 | — | $0.50 | ||
| Q2 25 | $-0.41 | $0.48 | ||
| Q1 25 | $-0.77 | $0.94 | ||
| Q4 24 | $-0.57 | $0.70 | ||
| Q3 24 | $-1.17 | $0.59 |
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 | $46.7M | $594.7M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $2.6B |
| 总资产 | $1.5B | $3.2B |
| 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CMPDLB
| Q2 26 | — | $594.7M | ||
| Q1 26 | — | $644.6M | ||
| Q4 25 | $46.7M | $644.6M | ||
| Q3 25 | $59.7M | $702.6M | ||
| Q2 25 | $79.4M | $699.3M | ||
| Q1 25 | $49.5M | $626.6M | ||
| Q4 24 | $45.8M | $520.8M | ||
| Q3 24 | $20.2M | $482.0M |
总债务CMPDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $890.0M | — | ||
| Q3 25 | $839.8M | — | ||
| Q2 25 | $833.4M | — | ||
| Q1 25 | $807.6M | — | ||
| Q4 24 | $974.4M | — | ||
| Q3 24 | $921.2M | — |
股东权益CMPDLB
| Q2 26 | — | $2.6B | ||
| Q1 26 | — | $2.6B | ||
| Q4 25 | $260.5M | $2.6B | ||
| Q3 25 | $234.1M | $2.6B | ||
| Q2 25 | $249.8M | $2.6B | ||
| Q1 25 | $236.5M | $2.6B | ||
| Q4 24 | $263.0M | $2.5B | ||
| Q3 24 | $316.6M | $2.5B |
总资产CMPDLB
| Q2 26 | — | $3.2B | ||
| Q1 26 | — | $3.2B | ||
| Q4 25 | $1.5B | $3.2B | ||
| Q3 25 | $1.5B | $3.2B | ||
| Q2 25 | $1.5B | $3.2B | ||
| Q1 25 | $1.5B | $3.2B | ||
| Q4 24 | $1.7B | $3.2B | ||
| Q3 24 | $1.6B | $3.1B |
负债/权益比CMPDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 3.42× | — | ||
| Q3 25 | 3.59× | — | ||
| Q2 25 | 3.34× | — | ||
| Q1 25 | 3.41× | — | ||
| Q4 24 | 3.70× | — | ||
| Q3 24 | 2.91× | — |
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 | $-37.0M | $147.3M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | — |
| 自由现金流率自由现金流/营收 | -15.1% | — |
| 资本支出强度资本支出/营收 | 5.8% | — |
| 现金转化率经营现金流/净利润 | -1.99× | 1.55× |
| 过去12个月自由现金流最近4个季度 | $94.1M | — |
8季度趋势，按日历期对齐
经营现金流CMPDLB
| Q2 26 | — | $147.3M | ||
| Q1 26 | — | $54.8M | ||
| Q4 25 | $-37.0M | $54.8M | ||
| Q3 25 | $-6.9M | $472.2M | ||
| Q2 25 | $21.8M | $67.7M | ||
| Q1 25 | $186.9M | $174.9M | ||
| Q4 24 | $-4.1M | $106.8M | ||
| Q3 24 | $-12.7M | $327.3M |
自由现金流CMPDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-59.8M | $50.2M | ||
| Q3 25 | $-22.8M | $435.9M | ||
| Q2 25 | $3.8M | $61.3M | ||
| Q1 25 | $172.9M | $168.0M | ||
| Q4 24 | $-25.9M | $100.0M | ||
| Q3 24 | $-33.6M | $297.2M |
自由现金流率CMPDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | 14.5% | ||
| Q3 25 | -10.0% | 142.0% | ||
| Q2 25 | 1.8% | 19.4% | ||
| Q1 25 | 35.0% | 45.5% | ||
| Q4 24 | -8.4% | 28.0% | ||
| Q3 24 | -16.1% | 97.5% |
资本支出强度CMPDLB
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | 1.3% | ||
| Q3 25 | 7.0% | 11.8% | ||
| Q2 25 | 8.4% | 2.0% | ||
| Q1 25 | 2.8% | 1.9% | ||
| Q4 24 | 7.1% | 1.9% | ||
| Q3 24 | 10.0% | 9.8% |
现金转化率CMPDLB
| Q2 26 | — | 1.55× | ||
| Q1 26 | — | 1.03× | ||
| Q4 25 | -1.99× | 1.03× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 1.47× | ||
| Q1 25 | — | 1.91× | ||
| Q4 24 | — | 1.57× | ||
| Q3 24 | — | 5.59× |
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
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% |
DLB
| Licensing | $372.2M | 94% |
| Products and services | $23.4M | 6% |
