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COMPASS MINERALS INTERNATIONAL INC（CMP）与GigaCloud Technology Inc（GCT）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GigaCloud Technology Inc的1.2倍（$396.1M vs $332.6M），GigaCloud Technology Inc净利率更高（11.2% vs 4.7%，领先6.5%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 9.7%），GigaCloud Technology Inc自由现金流更多（$77.1M vs $-59.8M），过去两年GigaCloud Technology Inc的营收复合增速更高（36.6% 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。
GigaCloud Technology Inc是一家美国电商企业，主打家具、家电、健身器材等体积较大、规格不统一商品的B2B交易，旗下拥有线上B2B交易平台，业务覆盖撮合交易、全程物流直至终端配送环节。公司总部位于加利福尼亚州埃尔蒙特，自2022年8月起在纳斯达克挂牌上市。
CMP vs GCT — 直观对比
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $332.6M |
| 净利润 | $18.6M | $37.2M |
| 毛利率 | 16.0% | 23.2% |
| 营业利润率 | 9.2% | 12.2% |
| 净利率 | 4.7% | 11.2% |
| 营收同比 | 28.9% | 9.7% |
| 净利润同比 | 178.8% | -8.6% |
| 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
| Q4 25 | $396.1M | — | ||
| Q3 25 | $227.5M | $332.6M | ||
| Q2 25 | $214.6M | $322.6M | ||
| Q1 25 | $494.6M | $271.9M | ||
| Q4 24 | $307.2M | $295.8M | ||
| Q3 24 | $208.8M | $303.3M | ||
| Q2 24 | $202.9M | $310.9M | ||
| Q1 24 | $364.0M | $251.1M |
| Q4 25 | $18.6M | — | ||
| Q3 25 | $-7.2M | $37.2M | ||
| Q2 25 | $-17.0M | $34.6M | ||
| Q1 25 | $-32.0M | $27.1M | ||
| Q4 24 | $-23.6M | $31.0M | ||
| Q3 24 | $-48.3M | $40.7M | ||
| Q2 24 | $-43.6M | $27.0M | ||
| Q1 24 | $-38.9M | $27.2M |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 16.9% | 23.2% | ||
| Q2 25 | 19.2% | 23.9% | ||
| Q1 25 | 15.5% | 23.4% | ||
| Q4 24 | 11.2% | 22.0% | ||
| Q3 24 | 9.3% | 25.5% | ||
| Q2 24 | 16.1% | 24.6% | ||
| Q1 24 | 19.7% | 26.5% |
| Q4 25 | 9.2% | — | ||
| Q3 25 | 5.3% | 12.2% | ||
| Q2 25 | 7.4% | 11.1% | ||
| Q1 25 | -0.6% | 10.4% | ||
| Q4 24 | 0.2% | 9.3% | ||
| Q3 24 | -14.3% | 13.4% | ||
| Q2 24 | 2.9% | 8.8% | ||
| Q1 24 | -10.8% | 13.9% |
| Q4 25 | 4.7% | — | ||
| Q3 25 | -3.2% | 11.2% | ||
| Q2 25 | -7.9% | 10.7% | ||
| Q1 25 | -6.5% | 10.0% | ||
| Q4 24 | -7.7% | 10.5% | ||
| Q3 24 | -23.1% | 13.4% | ||
| Q2 24 | -21.5% | 8.7% | ||
| Q1 24 | -10.7% | 10.8% |
| Q4 25 | $0.43 | — | ||
| Q3 25 | — | $0.99 | ||
| Q2 25 | $-0.41 | $0.91 | ||
| Q1 25 | $-0.77 | $0.68 | ||
| Q4 24 | $-0.57 | $0.76 | ||
| Q3 24 | $-1.17 | $0.98 | ||
| Q2 24 | $-1.05 | $0.65 | ||
| Q1 24 | $-0.94 | $0.66 |
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 | $365.9M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $457.3M |
| 总资产 | $1.5B | $1.1B |
| 负债/权益比越低杠杆越低 | 3.42× | — |
8季度趋势，按日历期对齐
| Q4 25 | $46.7M | — | ||
| Q3 25 | $59.7M | $365.9M | ||
| Q2 25 | $79.4M | $303.0M | ||
| Q1 25 | $49.5M | $286.8M | ||
| Q4 24 | $45.8M | $302.4M | ||
| Q3 24 | $20.2M | $259.8M | ||
| Q2 24 | $12.8M | $207.8M | ||
| Q1 24 | $38.3M | $195.3M |
| Q4 25 | $890.0M | — | ||
| Q3 25 | $839.8M | — | ||
| Q2 25 | $833.4M | — | ||
| Q1 25 | $807.6M | — | ||
| Q4 24 | $974.4M | — | ||
| Q3 24 | $921.2M | — | ||
| Q2 24 | $875.1M | — | ||
| Q1 24 | $877.2M | — |
| Q4 25 | $260.5M | — | ||
| Q3 25 | $234.1M | $457.3M | ||
| Q2 25 | $249.8M | $431.4M | ||
| Q1 25 | $236.5M | $412.9M | ||
| Q4 24 | $263.0M | $405.2M | ||
| Q3 24 | $316.6M | $400.4M | ||
| Q2 24 | $352.1M | $358.4M | ||
| Q1 24 | $400.4M | $317.8M |
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.5B | $1.1B | ||
| Q2 25 | $1.5B | $1.1B | ||
| Q1 25 | $1.5B | $1.1B | ||
| Q4 24 | $1.7B | $1.1B | ||
| Q3 24 | $1.6B | $1.1B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.7B | $977.6M |
| Q4 25 | 3.42× | — | ||
| Q3 25 | 3.59× | — | ||
| Q2 25 | 3.34× | — | ||
| Q1 25 | 3.41× | — | ||
| Q4 24 | 3.70× | — | ||
| Q3 24 | 2.91× | — | ||
| Q2 24 | 2.49× | — | ||
| Q1 24 | 2.19× | — |
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 | $78.3M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $77.1M |
| 自由现金流率自由现金流/营收 | -15.1% | 23.2% |
| 资本支出强度资本支出/营收 | 5.8% | 0.4% |
| 现金转化率经营现金流/净利润 | -1.99× | 2.10× |
| 过去12个月自由现金流最近4个季度 | $94.1M | $188.1M |
8季度趋势，按日历期对齐
| Q4 25 | $-37.0M | — | ||
| Q3 25 | $-6.9M | $78.3M | ||
| Q2 25 | $21.8M | $38.6M | ||
| Q1 25 | $186.9M | $9.4M | ||
| Q4 24 | $-4.1M | $68.4M | ||
| Q3 24 | $-12.7M | $55.2M | ||
| Q2 24 | $-6.8M | $19.1M | ||
| Q1 24 | $86.2M | $15.3M |
| Q4 25 | $-59.8M | — | ||
| Q3 25 | $-22.8M | $77.1M | ||
| Q2 25 | $3.8M | $37.0M | ||
| Q1 25 | $172.9M | $7.0M | ||
| Q4 24 | $-25.9M | $66.9M | ||
| Q3 24 | $-33.6M | $51.4M | ||
| Q2 24 | $-21.5M | $12.9M | ||
| Q1 24 | $56.2M | $11.3M |
| Q4 25 | -15.1% | — | ||
| Q3 25 | -10.0% | 23.2% | ||
| Q2 25 | 1.8% | 11.5% | ||
| Q1 25 | 35.0% | 2.6% | ||
| Q4 24 | -8.4% | 22.6% | ||
| Q3 24 | -16.1% | 16.9% | ||
| Q2 24 | -10.6% | 4.2% | ||
| Q1 24 | 15.4% | 4.5% |
| Q4 25 | 5.8% | — | ||
| Q3 25 | 7.0% | 0.4% | ||
| Q2 25 | 8.4% | 0.5% | ||
| Q1 25 | 2.8% | 0.9% | ||
| Q4 24 | 7.1% | 0.5% | ||
| Q3 24 | 10.0% | 1.3% | ||
| Q2 24 | 7.2% | 2.0% | ||
| Q1 24 | 8.2% | 1.6% |
| Q4 25 | -1.99× | — | ||
| Q3 25 | — | 2.10× | ||
| Q2 25 | — | 1.12× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 2.21× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | — | 0.71× | ||
| Q1 24 | — | 0.56× |
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% |
GCT
| Services | $108.4M | 33% |
| Transferred Over Time | $89.8M | 27% |
| Product Sales To B | $50.1M | 15% |
| Last Mile Delivery Service | $49.2M | 15% |
| Warehousing Service | $14.2M | 4% |
| Ocean Transportation Service | $9.0M | 3% |
| Platform Commission | $4.9M | 1% |
| Drayage Service | $3.2M | 1% |
