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COMPASS MINERALS INTERNATIONAL INC（CMP）与STEPAN CO（SCL）财务数据对比。点击上方公司名可切换其他公司
STEPAN CO的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.5倍（$604.5M vs $396.1M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs 3.3%，领先1.4%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 1.9%），过去两年COMPASS MINERALS INTERNATIONAL INC的营收复合增速更高（4.3% vs 4.2%）
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。
斯特潘公司是一家美国特种化学品制造商，总部位于伊利诺伊州诺斯布鲁克，1932年由小阿尔弗雷德·C·斯特潘创立，现有约2000名员工，目前由创始人的孙子小F·奎因·斯特潘执掌。该公司是全球最大的阴离子表面活性剂商品生产商，产品用于提升洗涤剂、洗发水、牙膏及化妆品的起泡与清洁能力。
CMP vs SCL — 直观对比
营收规模更大
SCL
是对方的1.5倍
$396.1M
营收增速更快
CMP
高出27.0%
1.9%
净利率更高
CMP
高出1.4%
3.3%
两年增速更快
CMP
近两年复合增速
4.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $604.5M |
| 净利润 | $18.6M | $19.7M |
| 毛利率 | 16.0% | 10.7% |
| 营业利润率 | 9.2% | 4.7% |
| 净利率 | 4.7% | 3.3% |
| 营收同比 | 28.9% | 1.9% |
| 净利润同比 | 178.8% | — |
| 每股收益（稀释后） | $0.43 | $0.86 |
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CMPSCL
| Q1 26 | — | $604.5M | ||
| Q4 25 | $396.1M | $553.9M | ||
| Q3 25 | $227.5M | $590.3M | ||
| Q2 25 | $214.6M | $594.7M | ||
| Q1 25 | $494.6M | $593.3M | ||
| Q4 24 | $307.2M | $525.6M | ||
| Q3 24 | $208.8M | $546.8M | ||
| Q2 24 | $202.9M | $556.4M |
净利润CMPSCL
| Q1 26 | — | $19.7M | ||
| Q4 25 | $18.6M | $5.0M | ||
| Q3 25 | $-7.2M | $10.8M | ||
| Q2 25 | $-17.0M | $11.3M | ||
| Q1 25 | $-32.0M | $19.7M | ||
| Q4 24 | $-23.6M | $3.4M | ||
| Q3 24 | $-48.3M | $23.6M | ||
| Q2 24 | $-43.6M | $9.5M |
毛利率CMPSCL
| Q1 26 | — | 10.7% | ||
| Q4 25 | 16.0% | 9.3% | ||
| Q3 25 | 16.9% | 12.0% | ||
| Q2 25 | 19.2% | 12.1% | ||
| Q1 25 | 15.5% | 12.7% | ||
| Q4 24 | 11.2% | 10.8% | ||
| Q3 24 | 9.3% | 13.8% | ||
| Q2 24 | 16.1% | 12.5% |
营业利润率CMPSCL
| Q1 26 | — | 4.7% | ||
| Q4 25 | 9.2% | 1.9% | ||
| Q3 25 | 5.3% | 3.7% | ||
| Q2 25 | 7.4% | 3.0% | ||
| Q1 25 | -0.6% | 4.8% | ||
| Q4 24 | 0.2% | 1.5% | ||
| Q3 24 | -14.3% | 4.4% | ||
| Q2 24 | 2.9% | 3.4% |
净利率CMPSCL
| Q1 26 | — | 3.3% | ||
| Q4 25 | 4.7% | 0.9% | ||
| Q3 25 | -3.2% | 1.8% | ||
| Q2 25 | -7.9% | 1.9% | ||
| Q1 25 | -6.5% | 3.3% | ||
| Q4 24 | -7.7% | 0.6% | ||
| Q3 24 | -23.1% | 4.3% | ||
| Q2 24 | -21.5% | 1.7% |
每股收益（稀释后）CMPSCL
| Q1 26 | — | $0.86 | ||
| Q4 25 | $0.43 | $0.22 | ||
| Q3 25 | — | $0.47 | ||
| Q2 25 | $-0.41 | $0.50 | ||
| Q1 25 | $-0.77 | $0.86 | ||
| Q4 24 | $-0.57 | $0.14 | ||
| Q3 24 | $-1.17 | $1.03 | ||
| Q2 24 | $-1.05 | $0.42 |
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 | $328.4M |
| 股东权益账面价值 | $260.5M | $1.2B |
| 总资产 | $1.5B | $2.3B |
| 负债/权益比越低杠杆越低 | 3.42× | 0.28× |
8季度趋势，按日历期对齐
现金及短期投资CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | $46.7M | $132.7M | ||
| Q3 25 | $59.7M | $118.5M | ||
| Q2 25 | $79.4M | $88.9M | ||
| Q1 25 | $49.5M | $107.5M | ||
| Q4 24 | $45.8M | $99.7M | ||
| Q3 24 | $20.2M | $147.3M | ||
| Q2 24 | $12.8M | $124.7M |
总债务CMPSCL
| Q1 26 | — | $328.4M | ||
| Q4 25 | $890.0M | $626.7M | ||
| Q3 25 | $839.8M | $655.5M | ||
| Q2 25 | $833.4M | $658.0M | ||
| Q1 25 | $807.6M | $659.3M | ||
| Q4 24 | $974.4M | $625.4M | ||
| Q3 24 | $921.2M | $688.5M | ||
| Q2 24 | $875.1M | $657.1M |
股东权益CMPSCL
| Q1 26 | — | $1.2B | ||
| Q4 25 | $260.5M | $1.2B | ||
| Q3 25 | $234.1M | $1.2B | ||
| Q2 25 | $249.8M | $1.2B | ||
| Q1 25 | $236.5M | $1.2B | ||
| Q4 24 | $263.0M | $1.2B | ||
| Q3 24 | $316.6M | $1.2B | ||
| Q2 24 | $352.1M | $1.2B |
总资产CMPSCL
| Q1 26 | — | $2.3B | ||
| Q4 25 | $1.5B | $2.4B | ||
| Q3 25 | $1.5B | $2.4B | ||
| Q2 25 | $1.5B | $2.4B | ||
| Q1 25 | $1.5B | $2.4B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.6B | $2.3B |
负债/权益比CMPSCL
| Q1 26 | — | 0.28× | ||
| Q4 25 | 3.42× | 0.50× | ||
| Q3 25 | 3.59× | 0.53× | ||
| Q2 25 | 3.34× | 0.53× | ||
| Q1 25 | 3.41× | 0.55× | ||
| Q4 24 | 3.70× | 0.53× | ||
| Q3 24 | 2.91× | 0.56× | ||
| Q2 24 | 2.49× | 0.55× |
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 | — |
| 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× | — |
| 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CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | $-37.0M | $60.0M | ||
| Q3 25 | $-6.9M | $69.8M | ||
| Q2 25 | $21.8M | $11.2M | ||
| Q1 25 | $186.9M | $6.9M | ||
| Q4 24 | $-4.1M | $68.3M | ||
| Q3 24 | $-12.7M | $22.7M | ||
| Q2 24 | $-6.8M | $29.5M |
自由现金流CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | $-59.8M | $25.4M | ||
| Q3 25 | $-22.8M | $40.2M | ||
| Q2 25 | $3.8M | $-14.4M | ||
| Q1 25 | $172.9M | $-25.8M | ||
| Q4 24 | $-25.9M | $32.1M | ||
| Q3 24 | $-33.6M | $-4.0M | ||
| Q2 24 | $-21.5M | $-208.0K |
自由现金流率CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | 4.6% | ||
| Q3 25 | -10.0% | 6.8% | ||
| Q2 25 | 1.8% | -2.4% | ||
| Q1 25 | 35.0% | -4.3% | ||
| Q4 24 | -8.4% | 6.1% | ||
| Q3 24 | -16.1% | -0.7% | ||
| Q2 24 | -10.6% | -0.0% |
资本支出强度CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | 6.3% | ||
| Q3 25 | 7.0% | 5.0% | ||
| Q2 25 | 8.4% | 4.3% | ||
| Q1 25 | 2.8% | 5.5% | ||
| Q4 24 | 7.1% | 6.9% | ||
| Q3 24 | 10.0% | 4.9% | ||
| Q2 24 | 7.2% | 5.3% |
现金转化率CMPSCL
| Q1 26 | — | — | ||
| Q4 25 | -1.99× | 11.99× | ||
| Q3 25 | — | 6.44× | ||
| Q2 25 | — | 0.99× | ||
| Q1 25 | — | 0.35× | ||
| Q4 24 | — | 20.38× | ||
| Q3 24 | — | 0.96× | ||
| Q2 24 | — | 3.10× |
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% |
SCL
| Surfactants | $453.7M | 75% |
| Polymers | $130.0M | 22% |
| Specialty Products | $20.8M | 3% |
