vs
COMPASS MINERALS INTERNATIONAL INC（CMP）与Ultragenyx Pharmaceutical Inc.（RARE）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Ultragenyx Pharmaceutical Inc.的1.9倍（$396.1M vs $207.3M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs -62.0%，领先66.7%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 25.9%），COMPASS MINERALS INTERNATIONAL INC自由现金流更多（$-59.8M vs $-100.8M），过去两年Ultragenyx Pharmaceutical Inc.的营收复合增速更高（38.0% 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。
Ultragenyx Pharmaceutical Inc.是一家总部位于美国的生物制药企业，专注于研发罕见病和超罕见遗传病的创新治疗方案，这类疾病目前大多无获批疗法，存在大量未被满足的临床需求。公司覆盖生物制剂、小分子药物、基因疗法、反义寡核苷酸及mRNA等多种药物技术平台，研发管线涵盖骨骼、内分泌、代谢、肌肉及中枢神经系统疾病领域。
CMP vs RARE — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $207.3M |
| 净利润 | $18.6M | $-128.6M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | -54.7% |
| 净利率 | 4.7% | -62.0% |
| 营收同比 | 28.9% | 25.9% |
| 净利润同比 | 178.8% | 3.5% |
| 每股收益（稀释后） | $0.43 | $-1.28 |
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 | $207.3M | ||
| Q3 25 | $227.5M | $159.9M | ||
| Q2 25 | $214.6M | $166.5M | ||
| Q1 25 | $494.6M | $139.3M | ||
| Q4 24 | $307.2M | $164.6M | ||
| Q3 24 | $208.8M | $139.5M | ||
| Q2 24 | $202.9M | $147.0M | ||
| Q1 24 | $364.0M | $108.8M |
| Q4 25 | $18.6M | $-128.6M | ||
| Q3 25 | $-7.2M | $-180.4M | ||
| Q2 25 | $-17.0M | $-115.0M | ||
| Q1 25 | $-32.0M | $-151.1M | ||
| Q4 24 | $-23.6M | $-133.2M | ||
| Q3 24 | $-48.3M | $-133.5M | ||
| Q2 24 | $-43.6M | $-131.6M | ||
| Q1 24 | $-38.9M | $-170.7M |
| Q4 25 | 16.0% | — | ||
| Q3 25 | 16.9% | — | ||
| Q2 25 | 19.2% | — | ||
| Q1 25 | 15.5% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 9.3% | — | ||
| Q2 24 | 16.1% | — | ||
| Q1 24 | 19.7% | — |
| Q4 25 | 9.2% | -54.7% | ||
| Q3 25 | 5.3% | -106.9% | ||
| Q2 25 | 7.4% | -64.8% | ||
| Q1 25 | -0.6% | -102.6% | ||
| Q4 24 | 0.2% | -74.3% | ||
| Q3 24 | -14.3% | -94.6% | ||
| Q2 24 | 2.9% | -79.1% | ||
| Q1 24 | -10.8% | -151.9% |
| Q4 25 | 4.7% | -62.0% | ||
| Q3 25 | -3.2% | -112.8% | ||
| Q2 25 | -7.9% | -69.0% | ||
| Q1 25 | -6.5% | -108.5% | ||
| Q4 24 | -7.7% | -80.9% | ||
| Q3 24 | -23.1% | -95.7% | ||
| Q2 24 | -21.5% | -89.5% | ||
| Q1 24 | -10.7% | -156.8% |
| Q4 25 | $0.43 | $-1.28 | ||
| Q3 25 | — | $-1.81 | ||
| Q2 25 | $-0.41 | $-1.17 | ||
| Q1 25 | $-0.77 | $-1.57 | ||
| Q4 24 | $-0.57 | $-1.34 | ||
| Q3 24 | $-1.17 | $-1.40 | ||
| Q2 24 | $-1.05 | $-1.52 | ||
| Q1 24 | $-0.94 | $-2.03 |
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 | $421.0M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $-80.0M |
| 总资产 | $1.5B | $1.5B |
| 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 | $421.0M | ||
| Q3 25 | $59.7M | $202.5M | ||
| Q2 25 | $79.4M | $176.3M | ||
| Q1 25 | $49.5M | $127.1M | ||
| Q4 24 | $45.8M | $174.0M | ||
| Q3 24 | $20.2M | $150.6M | ||
| Q2 24 | $12.8M | $480.7M | ||
| Q1 24 | $38.3M | $112.3M |
| 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 | $-80.0M | ||
| Q3 25 | $234.1M | $9.2M | ||
| Q2 25 | $249.8M | $151.3M | ||
| Q1 25 | $236.5M | $144.2M | ||
| Q4 24 | $263.0M | $255.0M | ||
| Q3 24 | $316.6M | $346.8M | ||
| Q2 24 | $352.1M | $432.4M | ||
| Q1 24 | $400.4M | $140.3M |
| Q4 25 | $1.5B | $1.5B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.5B | $1.3B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.6B | ||
| Q1 24 | $1.7B | $1.3B |
| 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 | $-99.8M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $-100.8M |
| 自由现金流率自由现金流/营收 | -15.1% | -48.6% |
| 资本支出强度资本支出/营收 | 5.8% | 0.5% |
| 现金转化率经营现金流/净利润 | -1.99× | — |
| 过去12个月自由现金流最近4个季度 | $94.1M | $-472.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-37.0M | $-99.8M | ||
| Q3 25 | $-6.9M | $-91.4M | ||
| Q2 25 | $21.8M | $-108.3M | ||
| Q1 25 | $186.9M | $-166.5M | ||
| Q4 24 | $-4.1M | $-79.3M | ||
| Q3 24 | $-12.7M | $-67.0M | ||
| Q2 24 | $-6.8M | $-77.0M | ||
| Q1 24 | $86.2M | $-190.7M |
| Q4 25 | $-59.8M | $-100.8M | ||
| Q3 25 | $-22.8M | $-92.7M | ||
| Q2 25 | $3.8M | $-110.7M | ||
| Q1 25 | $172.9M | $-167.8M | ||
| Q4 24 | $-25.9M | $-79.5M | ||
| Q3 24 | $-33.6M | $-68.6M | ||
| Q2 24 | $-21.5M | $-79.0M | ||
| Q1 24 | $56.2M | $-193.9M |
| Q4 25 | -15.1% | -48.6% | ||
| Q3 25 | -10.0% | -58.0% | ||
| Q2 25 | 1.8% | -66.5% | ||
| Q1 25 | 35.0% | -120.5% | ||
| Q4 24 | -8.4% | -48.3% | ||
| Q3 24 | -16.1% | -49.2% | ||
| Q2 24 | -10.6% | -53.7% | ||
| Q1 24 | 15.4% | -178.2% |
| Q4 25 | 5.8% | 0.5% | ||
| Q3 25 | 7.0% | 0.8% | ||
| Q2 25 | 8.4% | 1.5% | ||
| Q1 25 | 2.8% | 1.0% | ||
| Q4 24 | 7.1% | 0.1% | ||
| Q3 24 | 10.0% | 1.2% | ||
| Q2 24 | 7.2% | 1.4% | ||
| Q1 24 | 8.2% | 3.0% |
| Q4 25 | -1.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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% |
RARE
| Royalty | $105.6M | 51% |
| Products | $101.7M | 49% |
