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COMPASS MINERALS INTERNATIONAL INC（CMP）与罗塞塔石碑（STEP）财务数据对比。点击上方公司名可切换其他公司
罗塞塔石碑的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.5倍（$586.5M vs $396.1M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs -21.0%，领先25.7%），罗塞塔石碑同比增速更快（73.0% vs 28.9%），罗塞塔石碑自由现金流更多（$26.7M vs $-59.8M），过去两年罗塞塔石碑的营收复合增速更高（28.2% 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。
罗塞塔石碑是美国教育科技软件企业，开发语言学习、读写能力提升及脑训练类软件，旗下语言学习产品知名度极高。2013年公司收购Livemocha、Lexia Learning等品牌拓展教育科技业务矩阵，2021年正式成为IXL Learning的子公司。
CMP vs STEP — 直观对比
营收规模更大
STEP
是对方的1.5倍
$396.1M
营收增速更快
STEP
高出44.1%
28.9%
净利率更高
CMP
高出25.7%
-21.0%
自由现金流更多
STEP
多$86.5M
$-59.8M
两年增速更快
STEP
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $586.5M |
| 净利润 | $18.6M | $-123.5M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | -33.2% |
| 净利率 | 4.7% | -21.0% |
| 营收同比 | 28.9% | 73.0% |
| 净利润同比 | 178.8% | 35.7% |
| 每股收益（稀释后） | $0.43 | $-1.55 |
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CMPSTEP
| Q4 25 | $396.1M | $586.5M | ||
| Q3 25 | $227.5M | $454.2M | ||
| Q2 25 | $214.6M | $364.3M | ||
| Q1 25 | $494.6M | $377.7M | ||
| Q4 24 | $307.2M | $339.0M | ||
| Q3 24 | $208.8M | $271.7M | ||
| Q2 24 | $202.9M | $186.4M | ||
| Q1 24 | $364.0M | $356.8M |
净利润CMPSTEP
| Q4 25 | $18.6M | $-123.5M | ||
| Q3 25 | $-7.2M | $-366.1M | ||
| Q2 25 | $-17.0M | $-38.4M | ||
| Q1 25 | $-32.0M | $-18.5M | ||
| Q4 24 | $-23.6M | $-192.0M | ||
| Q3 24 | $-48.3M | $17.6M | ||
| Q2 24 | $-43.6M | $13.3M | ||
| Q1 24 | $-38.9M | $30.8M |
毛利率CMPSTEP
| 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CMPSTEP
| Q4 25 | 9.2% | -33.2% | ||
| Q3 25 | 5.3% | -148.8% | ||
| Q2 25 | 7.4% | -5.6% | ||
| Q1 25 | -0.6% | 2.6% | ||
| Q4 24 | 0.2% | -101.7% | ||
| Q3 24 | -14.3% | 21.3% | ||
| Q2 24 | 2.9% | 29.4% | ||
| Q1 24 | -10.8% | 26.5% |
净利率CMPSTEP
| Q4 25 | 4.7% | -21.0% | ||
| Q3 25 | -3.2% | -80.6% | ||
| Q2 25 | -7.9% | -10.5% | ||
| Q1 25 | -6.5% | -4.9% | ||
| Q4 24 | -7.7% | -56.6% | ||
| Q3 24 | -23.1% | 6.5% | ||
| Q2 24 | -21.5% | 7.2% | ||
| Q1 24 | -10.7% | 8.6% |
每股收益（稀释后）CMPSTEP
| Q4 25 | $0.43 | $-1.55 | ||
| Q3 25 | — | $-4.66 | ||
| Q2 25 | $-0.41 | $-0.49 | ||
| Q1 25 | $-0.77 | $-0.37 | ||
| Q4 24 | $-0.57 | $-2.61 | ||
| Q3 24 | $-1.17 | $0.26 | ||
| Q2 24 | $-1.05 | $0.20 | ||
| Q1 24 | $-0.94 | $0.47 |
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 | $270.2M |
| 股东权益账面价值 | $260.5M | $-378.8M |
| 总资产 | $1.5B | $5.2B |
| 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CMPSTEP
| Q4 25 | $46.7M | — | ||
| Q3 25 | $59.7M | — | ||
| Q2 25 | $79.4M | — | ||
| Q1 25 | $49.5M | — | ||
| Q4 24 | $45.8M | — | ||
| Q3 24 | $20.2M | — | ||
| Q2 24 | $12.8M | — | ||
| Q1 24 | $38.3M | — |
总债务CMPSTEP
| Q4 25 | $890.0M | $270.2M | ||
| Q3 25 | $839.8M | $269.9M | ||
| Q2 25 | $833.4M | $269.6M | ||
| Q1 25 | $807.6M | $269.3M | ||
| Q4 24 | $974.4M | $168.9M | ||
| Q3 24 | $921.2M | $172.3M | ||
| Q2 24 | $875.1M | $172.1M | ||
| Q1 24 | $877.2M | $148.8M |
股东权益CMPSTEP
| Q4 25 | $260.5M | $-378.8M | ||
| Q3 25 | $234.1M | $-233.5M | ||
| Q2 25 | $249.8M | $153.9M | ||
| Q1 25 | $236.5M | $179.4M | ||
| Q4 24 | $263.0M | $209.8M | ||
| Q3 24 | $316.6M | $397.5M | ||
| Q2 24 | $352.1M | $366.9M | ||
| Q1 24 | $400.4M | $324.5M |
总资产CMPSTEP
| Q4 25 | $1.5B | $5.2B | ||
| Q3 25 | $1.5B | $5.3B | ||
| Q2 25 | $1.5B | $4.8B | ||
| Q1 25 | $1.5B | $4.6B | ||
| Q4 24 | $1.7B | $4.3B | ||
| Q3 24 | $1.6B | $4.0B | ||
| Q2 24 | $1.6B | $3.8B | ||
| Q1 24 | $1.7B | $3.8B |
负债/权益比CMPSTEP
| Q4 25 | 3.42× | — | ||
| Q3 25 | 3.59× | — | ||
| Q2 25 | 3.34× | 1.75× | ||
| Q1 25 | 3.41× | 1.50× | ||
| Q4 24 | 3.70× | 0.81× | ||
| Q3 24 | 2.91× | 0.43× | ||
| Q2 24 | 2.49× | 0.47× | ||
| Q1 24 | 2.19× | 0.46× |
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 | $27.2M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $26.7M |
| 自由现金流率自由现金流/营收 | -15.1% | 4.6% |
| 资本支出强度资本支出/营收 | 5.8% | 0.1% |
| 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 | $18.6M |
8季度趋势，按日历期对齐
经营现金流CMPSTEP
| Q4 25 | $-37.0M | $27.2M | ||
| Q3 25 | $-6.9M | $16.2M | ||
| Q2 25 | $21.8M | $46.3M | ||
| Q1 25 | $186.9M | $-66.5M | ||
| Q4 24 | $-4.1M | $27.6M | ||
| Q3 24 | $-12.7M | $53.7M | ||
| Q2 24 | $-6.8M | $50.2M | ||
| Q1 24 | $86.2M | $7.6M |
自由现金流CMPSTEP
| Q4 25 | $-59.8M | $26.7M | ||
| Q3 25 | $-22.8M | $15.9M | ||
| Q2 25 | $3.8M | $45.2M | ||
| Q1 25 | $172.9M | $-69.2M | ||
| Q4 24 | $-25.9M | $27.0M | ||
| Q3 24 | $-33.6M | $52.4M | ||
| Q2 24 | $-21.5M | $49.6M | ||
| Q1 24 | $56.2M | $6.7M |
自由现金流率CMPSTEP
| Q4 25 | -15.1% | 4.6% | ||
| Q3 25 | -10.0% | 3.5% | ||
| Q2 25 | 1.8% | 12.4% | ||
| Q1 25 | 35.0% | -18.3% | ||
| Q4 24 | -8.4% | 8.0% | ||
| Q3 24 | -16.1% | 19.3% | ||
| Q2 24 | -10.6% | 26.6% | ||
| Q1 24 | 15.4% | 1.9% |
资本支出强度CMPSTEP
| Q4 25 | 5.8% | 0.1% | ||
| Q3 25 | 7.0% | 0.1% | ||
| Q2 25 | 8.4% | 0.3% | ||
| Q1 25 | 2.8% | 0.7% | ||
| Q4 24 | 7.1% | 0.2% | ||
| Q3 24 | 10.0% | 0.5% | ||
| Q2 24 | 7.2% | 0.3% | ||
| Q1 24 | 8.2% | 0.3% |
现金转化率CMPSTEP
| Q4 25 | -1.99× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.05× | ||
| Q2 24 | — | 3.76× | ||
| Q1 24 | — | 0.25× |
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% |
STEP
| Other | $210.1M | 36% |
| Management And Advisory Fees Net Focused Commingled Funds | $143.3M | 24% |
| Carried Interest Allocation Focused Commingled Funds | $85.1M | 15% |
| Carried Interest Allocation Separately Managed Accounts | $63.6M | 11% |
| Carried Interest Allocation Realized | $46.7M | 8% |
| Management And Advisory Fees Net Advisory And Other Services | $18.3M | 3% |
| Legacy Carried Interest Allocation Focused Commingled Funds | $10.3M | 2% |
| Income Based Incentive Fees | $6.0M | 1% |
| Management And Advisory Fees Net Fund Reimbursement Revenues | $3.1M | 1% |
