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COMPASS MINERALS INTERNATIONAL INC（CMP）与NATIONAL FUEL GAS CO（NFG）财务数据对比。点击上方公司名可切换其他公司
NATIONAL FUEL GAS CO的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.1倍（$425.9M vs $396.1M），NATIONAL FUEL GAS CO净利率更高（35.7% vs 4.7%，领先31.0%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 1.7%），过去两年NATIONAL FUEL GAS CO的营收复合增速更高（12.1% 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。
该多元化能源企业成立于1902年，总部位于美国纽约州威廉斯维尔，总资产达62亿美元，下设勘探与生产、管道与存储、燃气集输、公用事业、能源营销五大运营板块，业务覆盖能源产业链上下游多个核心环节。
CMP vs NFG — 直观对比
营收规模更大
NFG
是对方的1.1倍
$396.1M
营收增速更快
CMP
高出27.2%
1.7%
净利率更高
NFG
高出31.0%
4.7%
两年增速更快
NFG
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $425.9M |
| 净利润 | $18.6M | $152.0M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | 81.5% |
| 净利率 | 4.7% | 35.7% |
| 营收同比 | 28.9% | 1.7% |
| 净利润同比 | 178.8% | — |
| 每股收益（稀释后） | $0.43 | $1.59 |
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CMPNFG
| Q1 26 | — | $425.9M | ||
| Q4 25 | $396.1M | $637.9M | ||
| Q3 25 | $227.5M | $443.1M | ||
| Q2 25 | $214.6M | $527.4M | ||
| Q1 25 | $494.6M | $734.8M | ||
| Q4 24 | $307.2M | $513.8M | ||
| Q3 24 | $208.8M | $310.0M | ||
| Q2 24 | $202.9M | $338.6M |
净利润CMPNFG
| Q1 26 | — | $152.0M | ||
| Q4 25 | $18.6M | $181.6M | ||
| Q3 25 | $-7.2M | $107.3M | ||
| Q2 25 | $-17.0M | $149.8M | ||
| Q1 25 | $-32.0M | $216.4M | ||
| Q4 24 | $-23.6M | $45.0M | ||
| Q3 24 | $-48.3M | $-167.6M | ||
| Q2 24 | $-43.6M | $-54.2M |
毛利率CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | 16.0% | 86.6% | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 19.2% | 94.7% | ||
| Q1 25 | 15.5% | 81.6% | ||
| Q4 24 | 11.2% | 87.3% | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 16.1% | 98.5% |
营业利润率CMPNFG
| Q1 26 | — | 81.5% | ||
| Q4 25 | 9.2% | 43.3% | ||
| Q3 25 | 5.3% | 40.6% | ||
| Q2 25 | 7.4% | 43.7% | ||
| Q1 25 | -0.6% | 43.2% | ||
| Q4 24 | 0.2% | 16.8% | ||
| Q3 24 | -14.3% | -63.4% | ||
| Q2 24 | 2.9% | -15.2% |
净利率CMPNFG
| Q1 26 | — | 35.7% | ||
| Q4 25 | 4.7% | 28.5% | ||
| Q3 25 | -3.2% | 24.2% | ||
| Q2 25 | -7.9% | 28.4% | ||
| Q1 25 | -6.5% | 29.4% | ||
| Q4 24 | -7.7% | 8.8% | ||
| Q3 24 | -23.1% | -54.1% | ||
| Q2 24 | -21.5% | -16.0% |
每股收益（稀释后）CMPNFG
| Q1 26 | — | $1.59 | ||
| Q4 25 | $0.43 | $1.98 | ||
| Q3 25 | — | $1.18 | ||
| Q2 25 | $-0.41 | $1.64 | ||
| Q1 25 | $-0.77 | $2.37 | ||
| Q4 24 | $-0.57 | $0.49 | ||
| Q3 24 | $-1.17 | $-1.81 | ||
| Q2 24 | $-1.05 | $-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 | — |
| 总债务越低越好 | $890.0M | $300.0M |
| 股东权益账面价值 | $260.5M | — |
| 总资产 | $1.5B | $9.1B |
| 负债/权益比越低杠杆越低 | 3.42× | — |
8季度趋势，按日历期对齐
现金及短期投资CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | $46.7M | $271.4M | ||
| Q3 25 | $59.7M | $43.2M | ||
| Q2 25 | $79.4M | $39.3M | ||
| Q1 25 | $49.5M | $40.0M | ||
| Q4 24 | $45.8M | $48.7M | ||
| Q3 24 | $20.2M | $38.2M | ||
| Q2 24 | $12.8M | $81.4M |
总债务CMPNFG
| Q1 26 | — | $300.0M | ||
| Q4 25 | $890.0M | $2.7B | ||
| Q3 25 | $839.8M | $2.7B | ||
| Q2 25 | $833.4M | $2.7B | ||
| Q1 25 | $807.6M | $2.7B | ||
| Q4 24 | $974.4M | $2.7B | ||
| Q3 24 | $921.2M | $2.7B | ||
| Q2 24 | $875.1M | $2.7B |
股东权益CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | $260.5M | $3.6B | ||
| Q3 25 | $234.1M | $3.1B | ||
| Q2 25 | $249.8M | $3.0B | ||
| Q1 25 | $236.5M | $2.8B | ||
| Q4 24 | $263.0M | $-76.2M | ||
| Q3 24 | $316.6M | $-15.5M | ||
| Q2 24 | $352.1M | $5.0M |
总资产CMPNFG
| Q1 26 | — | $9.1B | ||
| Q4 25 | $1.5B | $9.2B | ||
| Q3 25 | $1.5B | $8.7B | ||
| Q2 25 | $1.5B | $8.4B | ||
| Q1 25 | $1.5B | $8.5B | ||
| Q4 24 | $1.7B | $8.3B | ||
| Q3 24 | $1.6B | $8.3B | ||
| Q2 24 | $1.6B | $8.5B |
负债/权益比CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | 3.42× | 0.75× | ||
| Q3 25 | 3.59× | 0.87× | ||
| Q2 25 | 3.34× | 0.90× | ||
| Q1 25 | 3.41× | 0.99× | ||
| Q4 24 | 3.70× | — | ||
| Q3 24 | 2.91× | — | ||
| Q2 24 | 2.49× | 532.10× |
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 | $657.3M |
| 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% | 117.0% |
| 现金转化率经营现金流/净利润 | -1.99× | 4.32× |
| 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CMPNFG
| Q1 26 | — | $657.3M | ||
| Q4 25 | $-37.0M | $274.9M | ||
| Q3 25 | $-6.9M | $237.8M | ||
| Q2 25 | $21.8M | $388.4M | ||
| Q1 25 | $186.9M | $253.8M | ||
| Q4 24 | $-4.1M | $220.1M | ||
| Q3 24 | $-12.7M | $197.9M | ||
| Q2 24 | $-6.8M | $281.8M |
自由现金流CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | $-59.8M | $-2.7M | ||
| Q3 25 | $-22.8M | $-47.8M | ||
| Q2 25 | $3.8M | $195.3M | ||
| Q1 25 | $172.9M | $59.9M | ||
| Q4 24 | $-25.9M | $-20.3M | ||
| Q3 24 | $-33.6M | $-49.1M | ||
| Q2 24 | $-21.5M | $79.5M |
自由现金流率CMPNFG
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | -0.4% | ||
| Q3 25 | -10.0% | -10.8% | ||
| Q2 25 | 1.8% | 37.0% | ||
| Q1 25 | 35.0% | 8.2% | ||
| Q4 24 | -8.4% | -4.0% | ||
| Q3 24 | -16.1% | -15.8% | ||
| Q2 24 | -10.6% | 23.5% |
资本支出强度CMPNFG
| Q1 26 | — | 117.0% | ||
| Q4 25 | 5.8% | 43.5% | ||
| Q3 25 | 7.0% | 64.4% | ||
| Q2 25 | 8.4% | 36.6% | ||
| Q1 25 | 2.8% | 26.4% | ||
| Q4 24 | 7.1% | 46.8% | ||
| Q3 24 | 10.0% | 79.7% | ||
| Q2 24 | 7.2% | 59.7% |
现金转化率CMPNFG
| Q1 26 | — | 4.32× | ||
| Q4 25 | -1.99× | 1.51× | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 2.59× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | — | 4.89× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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% |
NFG
| Revenues from External Customers | $425.8M | 100% |
| Intersegment Revenues | $126.0K | 0% |
