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COMPASS MINERALS INTERNATIONAL INC（CMP）与MSA Safety Inc（MSA）财务数据对比。点击上方公司名可切换其他公司
MSA Safety Inc的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.3倍（$510.9M vs $396.1M），MSA Safety Inc净利率更高（17.0% vs 4.7%，领先12.3%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 2.2%），MSA Safety Inc自由现金流更多（$106.0M vs $-59.8M），过去两年MSA Safety Inc的营收复合增速更高（11.2% 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。
MSA安全是美国专业安全设备生产供应商，面向建筑、军事、消防、化工、油气等存在高危作业场景的多个行业提供安全防护产品及解决方案，总部位于美国匹兹堡近郊的克兰伯里。
CMP vs MSA — 直观对比
营收规模更大
MSA
是对方的1.3倍
$396.1M
营收增速更快
CMP
高出26.7%
2.2%
净利率更高
MSA
高出12.3%
4.7%
自由现金流更多
MSA
多$165.8M
$-59.8M
两年增速更快
MSA
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $510.9M |
| 净利润 | $18.6M | $86.9M |
| 毛利率 | 16.0% | 46.9% |
| 营业利润率 | 9.2% | 22.3% |
| 净利率 | 4.7% | 17.0% |
| 营收同比 | 28.9% | 2.2% |
| 净利润同比 | 178.8% | -1.2% |
| 每股收益（稀释后） | $0.43 | $2.22 |
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CMPMSA
| Q4 25 | $396.1M | $510.9M | ||
| Q3 25 | $227.5M | $468.4M | ||
| Q2 25 | $214.6M | $474.1M | ||
| Q1 25 | $494.6M | $421.3M | ||
| Q4 24 | $307.2M | $499.7M | ||
| Q3 24 | $208.8M | $432.7M | ||
| Q2 24 | $202.9M | $462.5M | ||
| Q1 24 | $364.0M | $413.3M |
净利润CMPMSA
| Q4 25 | $18.6M | $86.9M | ||
| Q3 25 | $-7.2M | $69.6M | ||
| Q2 25 | $-17.0M | $62.8M | ||
| Q1 25 | $-32.0M | $59.6M | ||
| Q4 24 | $-23.6M | $87.9M | ||
| Q3 24 | $-48.3M | $66.6M | ||
| Q2 24 | $-43.6M | $72.2M | ||
| Q1 24 | $-38.9M | $58.1M |
毛利率CMPMSA
| Q4 25 | 16.0% | 46.9% | ||
| Q3 25 | 16.9% | 46.5% | ||
| Q2 25 | 19.2% | 46.6% | ||
| Q1 25 | 15.5% | 45.9% | ||
| Q4 24 | 11.2% | 46.9% | ||
| Q3 24 | 9.3% | 47.9% | ||
| Q2 24 | 16.1% | 48.2% | ||
| Q1 24 | 19.7% | 47.3% |
营业利润率CMPMSA
| Q4 25 | 9.2% | 22.3% | ||
| Q3 25 | 5.3% | 20.1% | ||
| Q2 25 | 7.4% | 18.1% | ||
| Q1 25 | -0.6% | 18.5% | ||
| Q4 24 | 0.2% | 23.5% | ||
| Q3 24 | -14.3% | 21.1% | ||
| Q2 24 | 2.9% | 21.6% | ||
| Q1 24 | -10.8% | 19.4% |
净利率CMPMSA
| Q4 25 | 4.7% | 17.0% | ||
| Q3 25 | -3.2% | 14.9% | ||
| Q2 25 | -7.9% | 13.2% | ||
| Q1 25 | -6.5% | 14.1% | ||
| Q4 24 | -7.7% | 17.6% | ||
| Q3 24 | -23.1% | 15.4% | ||
| Q2 24 | -21.5% | 15.6% | ||
| Q1 24 | -10.7% | 14.1% |
每股收益（稀释后）CMPMSA
| Q4 25 | $0.43 | $2.22 | ||
| Q3 25 | — | $1.77 | ||
| Q2 25 | $-0.41 | $1.59 | ||
| Q1 25 | $-0.77 | $1.51 | ||
| Q4 24 | $-0.57 | $2.22 | ||
| Q3 24 | $-1.17 | $1.69 | ||
| Q2 24 | $-1.05 | $1.83 | ||
| Q1 24 | $-0.94 | $1.47 |
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 | $165.1M |
| 总债务越低越好 | $890.0M | $580.9M |
| 股东权益账面价值 | $260.5M | $1.4B |
| 总资产 | $1.5B | $2.6B |
| 负债/权益比越低杠杆越低 | 3.42× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资CMPMSA
| Q4 25 | $46.7M | $165.1M | ||
| Q3 25 | $59.7M | $170.0M | ||
| Q2 25 | $79.4M | $147.0M | ||
| Q1 25 | $49.5M | $170.6M | ||
| Q4 24 | $45.8M | $164.6M | ||
| Q3 24 | $20.2M | $154.4M | ||
| Q2 24 | $12.8M | $146.8M | ||
| Q1 24 | $38.3M | $148.3M |
总债务CMPMSA
| Q4 25 | $890.0M | $580.9M | ||
| Q3 25 | $839.8M | $628.6M | ||
| Q2 25 | $833.4M | $679.3M | ||
| Q1 25 | $807.6M | $502.1M | ||
| Q4 24 | $974.4M | $508.0M | ||
| Q3 24 | $921.2M | $554.7M | ||
| Q2 24 | $875.1M | $588.2M | ||
| Q1 24 | $877.2M | $596.2M |
股东权益CMPMSA
| Q4 25 | $260.5M | $1.4B | ||
| Q3 25 | $234.1M | $1.3B | ||
| Q2 25 | $249.8M | $1.3B | ||
| Q1 25 | $236.5M | $1.2B | ||
| Q4 24 | $263.0M | $1.1B | ||
| Q3 24 | $316.6M | $1.1B | ||
| Q2 24 | $352.1M | $1.0B | ||
| Q1 24 | $400.4M | $994.8M |
总资产CMPMSA
| Q4 25 | $1.5B | $2.6B | ||
| Q3 25 | $1.5B | $2.6B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.5B | $2.2B | ||
| Q4 24 | $1.7B | $2.2B | ||
| Q3 24 | $1.6B | $2.2B | ||
| Q2 24 | $1.6B | $2.2B | ||
| Q1 24 | $1.7B | $2.2B |
负债/权益比CMPMSA
| Q4 25 | 3.42× | 0.42× | ||
| Q3 25 | 3.59× | 0.48× | ||
| Q2 25 | 3.34× | 0.54× | ||
| Q1 25 | 3.41× | 0.42× | ||
| Q4 24 | 3.70× | 0.44× | ||
| Q3 24 | 2.91× | 0.51× | ||
| Q2 24 | 2.49× | 0.57× | ||
| Q1 24 | 2.19× | 0.60× |
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 | $122.4M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $106.0M |
| 自由现金流率自由现金流/营收 | -15.1% | 20.8% |
| 资本支出强度资本支出/营收 | 5.8% | 3.2% |
| 现金转化率经营现金流/净利润 | -1.99× | 1.41× |
| 过去12个月自由现金流最近4个季度 | $94.1M | $295.4M |
8季度趋势，按日历期对齐
经营现金流CMPMSA
| Q4 25 | $-37.0M | $122.4M | ||
| Q3 25 | $-6.9M | $112.5M | ||
| Q2 25 | $21.8M | $67.2M | ||
| Q1 25 | $186.9M | $61.8M | ||
| Q4 24 | $-4.1M | $107.9M | ||
| Q3 24 | $-12.7M | $84.3M | ||
| Q2 24 | $-6.8M | $53.3M | ||
| Q1 24 | $86.2M | $50.9M |
自由现金流CMPMSA
| Q4 25 | $-59.8M | $106.0M | ||
| Q3 25 | $-22.8M | $100.5M | ||
| Q2 25 | $3.8M | $37.9M | ||
| Q1 25 | $172.9M | $51.0M | ||
| Q4 24 | $-25.9M | $93.5M | ||
| Q3 24 | $-33.6M | $70.1M | ||
| Q2 24 | $-21.5M | $39.0M | ||
| Q1 24 | $56.2M | $39.7M |
自由现金流率CMPMSA
| Q4 25 | -15.1% | 20.8% | ||
| Q3 25 | -10.0% | 21.4% | ||
| Q2 25 | 1.8% | 8.0% | ||
| Q1 25 | 35.0% | 12.1% | ||
| Q4 24 | -8.4% | 18.7% | ||
| Q3 24 | -16.1% | 16.2% | ||
| Q2 24 | -10.6% | 8.4% | ||
| Q1 24 | 15.4% | 9.6% |
资本支出强度CMPMSA
| Q4 25 | 5.8% | 3.2% | ||
| Q3 25 | 7.0% | 2.6% | ||
| Q2 25 | 8.4% | 6.2% | ||
| Q1 25 | 2.8% | 2.6% | ||
| Q4 24 | 7.1% | 2.9% | ||
| Q3 24 | 10.0% | 3.3% | ||
| Q2 24 | 7.2% | 3.1% | ||
| Q1 24 | 8.2% | 2.7% |
现金转化率CMPMSA
| Q4 25 | -1.99× | 1.41× | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | — | 1.07× | ||
| Q1 25 | — | 1.04× | ||
| Q4 24 | — | 1.23× | ||
| Q3 24 | — | 1.27× | ||
| Q2 24 | — | 0.74× | ||
| Q1 24 | — | 0.88× |
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% |
MSA
| Americas Segment | $335.2M | 66% |
| International Segment | $175.7M | 34% |
