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COMPASS MINERALS INTERNATIONAL INC（CMP）与SLM Corp（SLM）财务数据对比。点击上方公司名可切换其他公司
SLM Corp的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.4倍（$560.0M vs $396.1M），SLM Corp净利率更高（55.0% vs 4.7%，领先50.3%），过去两年SLM Corp的营收复合增速更高（22.7% 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。
尼康旗下SLM Solutions AG总部位于德国吕贝克，是金属3D打印机领域的上市生产商，共同拥有SLM文字商标，集团股份自2014年5月9日起在法兰克福证券交易所高级市场板块挂牌交易。
CMP vs SLM — 直观对比
营收规模更大
SLM
是对方的1.4倍
$396.1M
净利率更高
SLM
高出50.3%
4.7%
两年增速更快
SLM
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $560.0M |
| 净利润 | $18.6M | $308.0M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | 69.6% |
| 净利率 | 4.7% | 55.0% |
| 营收同比 | 28.9% | — |
| 净利润同比 | 178.8% | 1.0% |
| 每股收益（稀释后） | $0.43 | $1.54 |
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CMPSLM
| Q1 26 | — | $560.0M | ||
| Q4 25 | $396.1M | $377.1M | ||
| Q3 25 | $227.5M | $373.0M | ||
| Q2 25 | $214.6M | $376.8M | ||
| Q1 25 | $494.6M | $375.0M | ||
| Q4 24 | $307.2M | $362.2M | ||
| Q3 24 | $208.8M | $359.4M | ||
| Q2 24 | $202.9M | $372.2M |
净利润CMPSLM
| Q1 26 | — | $308.0M | ||
| Q4 25 | $18.6M | $233.2M | ||
| Q3 25 | $-7.2M | $135.8M | ||
| Q2 25 | $-17.0M | $71.3M | ||
| Q1 25 | $-32.0M | $304.5M | ||
| Q4 24 | $-23.6M | $111.6M | ||
| Q3 24 | $-48.3M | $-45.2M | ||
| Q2 24 | $-43.6M | $252.0M |
毛利率CMPSLM
| Q1 26 | — | — | ||
| 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% | — |
营业利润率CMPSLM
| Q1 26 | — | 69.6% | ||
| Q4 25 | 9.2% | 83.8% | ||
| Q3 25 | 5.3% | 49.8% | ||
| Q2 25 | 7.4% | 23.3% | ||
| Q1 25 | -0.6% | — | ||
| Q4 24 | 0.2% | 36.5% | ||
| Q3 24 | -14.3% | -16.6% | ||
| Q2 24 | 2.9% | 91.0% |
净利率CMPSLM
| Q1 26 | — | 55.0% | ||
| Q4 25 | 4.7% | 61.8% | ||
| Q3 25 | -3.2% | 36.4% | ||
| Q2 25 | -7.9% | 18.9% | ||
| Q1 25 | -6.5% | 81.2% | ||
| Q4 24 | -7.7% | 30.8% | ||
| Q3 24 | -23.1% | -12.6% | ||
| Q2 24 | -21.5% | 67.7% |
每股收益（稀释后）CMPSLM
| Q1 26 | — | $1.54 | ||
| Q4 25 | $0.43 | $1.11 | ||
| Q3 25 | — | $0.63 | ||
| Q2 25 | $-0.41 | $0.32 | ||
| Q1 25 | $-0.77 | $1.40 | ||
| Q4 24 | $-0.57 | $0.53 | ||
| Q3 24 | $-1.17 | $-0.23 | ||
| Q2 24 | $-1.05 | $1.11 |
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 | $5.2B |
| 总债务越低越好 | $890.0M | $6.2B |
| 股东权益账面价值 | $260.5M | $2.4B |
| 总资产 | $1.5B | $29.4B |
| 负债/权益比越低杠杆越低 | 3.42× | 2.53× |
8季度趋势，按日历期对齐
现金及短期投资CMPSLM
| Q1 26 | — | $5.2B | ||
| Q4 25 | $46.7M | $4.2B | ||
| Q3 25 | $59.7M | $3.5B | ||
| Q2 25 | $79.4M | $4.1B | ||
| Q1 25 | $49.5M | $3.7B | ||
| Q4 24 | $45.8M | $4.7B | ||
| Q3 24 | $20.2M | $4.5B | ||
| Q2 24 | $12.8M | $5.3B |
总债务CMPSLM
| Q1 26 | — | $6.2B | ||
| Q4 25 | $890.0M | $5.4B | ||
| Q3 25 | $839.8M | $6.8B | ||
| Q2 25 | $833.4M | $6.4B | ||
| Q1 25 | $807.6M | $6.1B | ||
| Q4 24 | $974.4M | $6.4B | ||
| Q3 24 | $921.2M | $6.0B | ||
| Q2 24 | $875.1M | $5.4B |
股东权益CMPSLM
| Q1 26 | — | $2.4B | ||
| Q4 25 | $260.5M | $2.5B | ||
| Q3 25 | $234.1M | $2.3B | ||
| Q2 25 | $249.8M | $2.4B | ||
| Q1 25 | $236.5M | $2.4B | ||
| Q4 24 | $263.0M | $2.2B | ||
| Q3 24 | $316.6M | $2.1B | ||
| Q2 24 | $352.1M | $2.3B |
总资产CMPSLM
| Q1 26 | — | $29.4B | ||
| Q4 25 | $1.5B | $29.7B | ||
| Q3 25 | $1.5B | $29.6B | ||
| Q2 25 | $1.5B | $29.6B | ||
| Q1 25 | $1.5B | $28.9B | ||
| Q4 24 | $1.7B | $30.1B | ||
| Q3 24 | $1.6B | $30.0B | ||
| Q2 24 | $1.6B | $28.8B |
负债/权益比CMPSLM
| Q1 26 | — | 2.53× | ||
| Q4 25 | 3.42× | 2.19× | ||
| Q3 25 | 3.59× | 2.92× | ||
| Q2 25 | 3.34× | 2.70× | ||
| Q1 25 | 3.41× | 2.56× | ||
| Q4 24 | 3.70× | 2.98× | ||
| Q3 24 | 2.91× | 2.83× | ||
| Q2 24 | 2.49× | 2.37× |
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CMPSLM
| Q1 26 | — | — | ||
| Q4 25 | $-37.0M | $-64.5M | ||
| Q3 25 | $-6.9M | $-49.3M | ||
| Q2 25 | $21.8M | $-138.7M | ||
| Q1 25 | $186.9M | $-146.1M | ||
| Q4 24 | $-4.1M | $4.5M | ||
| Q3 24 | $-12.7M | $-113.4M | ||
| Q2 24 | $-6.8M | $-143.8M |
自由现金流CMPSLM
| Q1 26 | — | — | ||
| Q4 25 | $-59.8M | — | ||
| Q3 25 | $-22.8M | — | ||
| Q2 25 | $3.8M | — | ||
| Q1 25 | $172.9M | — | ||
| Q4 24 | $-25.9M | — | ||
| Q3 24 | $-33.6M | — | ||
| Q2 24 | $-21.5M | — |
自由现金流率CMPSLM
| Q1 26 | — | — | ||
| Q4 25 | -15.1% | — | ||
| Q3 25 | -10.0% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 35.0% | — | ||
| Q4 24 | -8.4% | — | ||
| Q3 24 | -16.1% | — | ||
| Q2 24 | -10.6% | — |
资本支出强度CMPSLM
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | — | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 7.2% | — |
现金转化率CMPSLM
| Q1 26 | — | — | ||
| Q4 25 | -1.99× | -0.28× | ||
| Q3 25 | — | -0.36× | ||
| Q2 25 | — | -1.95× | ||
| Q1 25 | — | -0.48× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | -0.57× |
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% |
SLM
| Net Interest Income | $375.0M | 67% |
| Noninterest Income | $185.0M | 33% |
