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COMPASS MINERALS INTERNATIONAL INC（CMP）与SSR MINING INC.（SSRM）财务数据对比。点击上方公司名可切换其他公司
SSR MINING INC.的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.3倍（$521.7M vs $396.1M），SSR MINING INC.净利率更高（34.8% vs 4.7%，领先30.1%），SSR MINING INC.同比增速更快（61.4% vs 28.9%），SSR MINING INC.自由现金流更多（$106.4M vs $-59.8M），过去两年SSR MINING INC.的营收复合增速更高（50.5% 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。
SSR Mining Inc.（前身为白银标准资源公司）总部位于美国科罗拉多州丹佛，主营金、银、铜、铅、锌矿产开采，拥有阿根廷最大的银矿，同时在美洲全境及土耳其开展矿产勘探业务。2020年与阿拉瑟黄金合并后迁至丹佛，现任总裁兼首席执行官为罗德尼·P·安塔尔。
CMP vs SSRM — 直观对比
营收规模更大
SSRM
是对方的1.3倍
$396.1M
营收增速更快
SSRM
高出32.5%
28.9%
净利率更高
SSRM
高出30.1%
4.7%
自由现金流更多
SSRM
多$166.2M
$-59.8M
两年增速更快
SSRM
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $521.7M |
| 净利润 | $18.6M | $181.5M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | 38.8% |
| 净利率 | 4.7% | 34.8% |
| 营收同比 | 28.9% | 61.4% |
| 净利润同比 | 178.8% | 3166.6% |
| 每股收益（稀释后） | $0.43 | $0.84 |
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CMPSSRM
| Q4 25 | $396.1M | $521.7M | ||
| Q3 25 | $227.5M | $385.8M | ||
| Q2 25 | $214.6M | $405.5M | ||
| Q1 25 | $494.6M | $316.6M | ||
| Q4 24 | $307.2M | $323.2M | ||
| Q3 24 | $208.8M | $257.4M | ||
| Q2 24 | $202.9M | $184.8M | ||
| Q1 24 | $364.0M | $230.2M |
净利润CMPSSRM
| Q4 25 | $18.6M | $181.5M | ||
| Q3 25 | $-7.2M | $65.4M | ||
| Q2 25 | $-17.0M | $90.1M | ||
| Q1 25 | $-32.0M | $58.8M | ||
| Q4 24 | $-23.6M | $5.6M | ||
| Q3 24 | $-48.3M | $10.6M | ||
| Q2 24 | $-43.6M | $9.7M | ||
| Q1 24 | $-38.9M | $-287.1M |
毛利率CMPSSRM
| 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% | — |
营业利润率CMPSSRM
| Q4 25 | 9.2% | 38.8% | ||
| Q3 25 | 5.3% | 21.6% | ||
| Q2 25 | 7.4% | 26.9% | ||
| Q1 25 | -0.6% | 21.1% | ||
| Q4 24 | 0.2% | 10.6% | ||
| Q3 24 | -14.3% | 3.5% | ||
| Q2 24 | 2.9% | 5.8% | ||
| Q1 24 | -10.8% | -163.5% |
净利率CMPSSRM
| Q4 25 | 4.7% | 34.8% | ||
| Q3 25 | -3.2% | 17.0% | ||
| Q2 25 | -7.9% | 22.2% | ||
| Q1 25 | -6.5% | 18.6% | ||
| Q4 24 | -7.7% | 1.7% | ||
| Q3 24 | -23.1% | 4.1% | ||
| Q2 24 | -21.5% | 5.2% | ||
| Q1 24 | -10.7% | -124.7% |
每股收益（稀释后）CMPSSRM
| Q4 25 | $0.43 | $0.84 | ||
| Q3 25 | — | $0.31 | ||
| Q2 25 | $-0.41 | $0.42 | ||
| Q1 25 | $-0.77 | $0.28 | ||
| Q4 24 | $-0.57 | $0.03 | ||
| Q3 24 | $-1.17 | $0.05 | ||
| Q2 24 | $-1.05 | $0.05 | ||
| Q1 24 | $-0.94 | $-1.42 |
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 | $575.6M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $3.5B |
| 总资产 | $1.5B | $6.1B |
| 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CMPSSRM
| Q4 25 | $46.7M | $575.6M | ||
| Q3 25 | $59.7M | $445.4M | ||
| Q2 25 | $79.4M | $438.5M | ||
| Q1 25 | $49.5M | $341.3M | ||
| Q4 24 | $45.8M | $417.3M | ||
| Q3 24 | $20.2M | $365.8M | ||
| Q2 24 | $12.8M | $384.4M | ||
| Q1 24 | $38.3M | $492.0M |
总债务CMPSSRM
| Q4 25 | $890.0M | — | ||
| Q3 25 | $839.8M | — | ||
| Q2 25 | $833.4M | — | ||
| Q1 25 | $807.6M | — | ||
| Q4 24 | $974.4M | $228.6M | ||
| Q3 24 | $921.2M | $228.3M | ||
| Q2 24 | $875.1M | $228.0M | ||
| Q1 24 | $877.2M | $228.7M |
股东权益CMPSSRM
| Q4 25 | $260.5M | $3.5B | ||
| Q3 25 | $234.1M | $3.3B | ||
| Q2 25 | $249.8M | $3.3B | ||
| Q1 25 | $236.5M | $3.2B | ||
| Q4 24 | $263.0M | $3.1B | ||
| Q3 24 | $316.6M | $3.1B | ||
| Q2 24 | $352.1M | $3.1B | ||
| Q1 24 | $400.4M | $3.1B |
总资产CMPSSRM
| Q4 25 | $1.5B | $6.1B | ||
| Q3 25 | $1.5B | $5.9B | ||
| Q2 25 | $1.5B | $5.8B | ||
| Q1 25 | $1.5B | $5.6B | ||
| Q4 24 | $1.7B | $5.2B | ||
| Q3 24 | $1.6B | $5.1B | ||
| Q2 24 | $1.6B | $5.2B | ||
| Q1 24 | $1.7B | $5.3B |
负债/权益比CMPSSRM
| Q4 25 | 3.42× | — | ||
| Q3 25 | 3.59× | — | ||
| Q2 25 | 3.34× | — | ||
| Q1 25 | 3.41× | — | ||
| Q4 24 | 3.70× | 0.07× | ||
| Q3 24 | 2.91× | 0.07× | ||
| Q2 24 | 2.49× | 0.07× | ||
| Q1 24 | 2.19× | 0.07× |
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 | $172.1M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $106.4M |
| 自由现金流率自由现金流/营收 | -15.1% | 20.4% |
| 资本支出强度资本支出/营收 | 5.8% | 12.6% |
| 现金转化率经营现金流/净利润 | -1.99× | 0.95× |
| 过去12个月自由现金流最近4个季度 | $94.1M | $241.6M |
8季度趋势，按日历期对齐
经营现金流CMPSSRM
| Q4 25 | $-37.0M | $172.1M | ||
| Q3 25 | $-6.9M | $57.2M | ||
| Q2 25 | $21.8M | $157.8M | ||
| Q1 25 | $186.9M | $84.8M | ||
| Q4 24 | $-4.1M | $95.0M | ||
| Q3 24 | $-12.7M | $-1.3M | ||
| Q2 24 | $-6.8M | $-78.1M | ||
| Q1 24 | $86.2M | $24.6M |
自由现金流CMPSSRM
| Q4 25 | $-59.8M | $106.4M | ||
| Q3 25 | $-22.8M | $-2.4M | ||
| Q2 25 | $3.8M | $98.4M | ||
| Q1 25 | $172.9M | $39.3M | ||
| Q4 24 | $-25.9M | $56.4M | ||
| Q3 24 | $-33.6M | $-34.1M | ||
| Q2 24 | $-21.5M | $-116.3M | ||
| Q1 24 | $56.2M | $-9.4M |
自由现金流率CMPSSRM
| Q4 25 | -15.1% | 20.4% | ||
| Q3 25 | -10.0% | -0.6% | ||
| Q2 25 | 1.8% | 24.3% | ||
| Q1 25 | 35.0% | 12.4% | ||
| Q4 24 | -8.4% | 17.5% | ||
| Q3 24 | -16.1% | -13.2% | ||
| Q2 24 | -10.6% | -62.9% | ||
| Q1 24 | 15.4% | -4.1% |
资本支出强度CMPSSRM
| Q4 25 | 5.8% | 12.6% | ||
| Q3 25 | 7.0% | 15.4% | ||
| Q2 25 | 8.4% | 14.7% | ||
| Q1 25 | 2.8% | 14.4% | ||
| Q4 24 | 7.1% | 11.9% | ||
| Q3 24 | 10.0% | 12.7% | ||
| Q2 24 | 7.2% | 20.7% | ||
| Q1 24 | 8.2% | 14.8% |
现金转化率CMPSSRM
| Q4 25 | -1.99× | 0.95× | ||
| Q3 25 | — | 0.87× | ||
| Q2 25 | — | 1.75× | ||
| Q1 25 | — | 1.44× | ||
| Q4 24 | — | 17.10× | ||
| Q3 24 | — | -0.13× | ||
| Q2 24 | — | -8.06× | ||
| 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% |
SSRM
| Gold | $369.3M | 71% |
| Concentrate Sales | $124.4M | 24% |
| Other | $19.1M | 4% |
| Lead | $9.0M | 2% |
