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COMPASS MINERALS INTERNATIONAL INC（CMP）与盛思阳（TSE）财务数据对比。点击上方公司名可切换其他公司
盛思阳的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.7倍（$662.6M vs $396.1M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs -37.9%，领先42.6%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs -19.3%），盛思阳自由现金流更多（$6.6M vs $-59.8M），过去两年COMPASS MINERALS INTERNATIONAL INC的营收复合增速更高（4.3% vs -14.4%）
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。
盛思阳（Trinseo）是一家专注于塑料与乳胶粘合剂生产的材料企业。该公司原隶属于陶氏化学公司，2009年陶氏将其分拆待售，2010年相关资产以斯泰隆（Styron）之名作价16.3亿美元出售给贝恩资本。2016年贝恩清仓全部持股， Trinseo自此成为完全独立的公众上市公司。
CMP vs TSE — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $662.6M |
| 净利润 | $18.6M | $-251.4M |
| 毛利率 | 16.0% | 4.2% |
| 营业利润率 | 9.2% | -24.7% |
| 净利率 | 4.7% | -37.9% |
| 营收同比 | 28.9% | -19.3% |
| 净利润同比 | 178.8% | -113.2% |
| 每股收益（稀释后） | $0.43 | $-7.02 |
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 | $662.6M | ||
| Q3 25 | $227.5M | $743.2M | ||
| Q2 25 | $214.6M | $784.3M | ||
| Q1 25 | $494.6M | $784.8M | ||
| Q4 24 | $307.2M | $821.5M | ||
| Q3 24 | $208.8M | $867.7M | ||
| Q2 24 | $202.9M | $920.0M | ||
| Q1 24 | $364.0M | $904.0M |
| Q4 25 | $18.6M | $-251.4M | ||
| Q3 25 | $-7.2M | $-109.7M | ||
| Q2 25 | $-17.0M | $-105.5M | ||
| Q1 25 | $-32.0M | $-79.0M | ||
| Q4 24 | $-23.6M | $-117.9M | ||
| Q3 24 | $-48.3M | $-87.3M | ||
| Q2 24 | $-43.6M | $-67.8M | ||
| Q1 24 | $-38.9M | $-75.5M |
| Q4 25 | 16.0% | 4.2% | ||
| Q3 25 | 16.9% | 5.0% | ||
| Q2 25 | 19.2% | 4.7% | ||
| Q1 25 | 15.5% | 8.1% | ||
| Q4 24 | 11.2% | 6.8% | ||
| Q3 24 | 9.3% | 9.3% | ||
| Q2 24 | 16.1% | 7.4% | ||
| Q1 24 | 19.7% | 6.7% |
| Q4 25 | 9.2% | -24.7% | ||
| Q3 25 | 5.3% | -3.8% | ||
| Q2 25 | 7.4% | -4.2% | ||
| Q1 25 | -0.6% | -3.7% | ||
| Q4 24 | 0.2% | -5.4% | ||
| Q3 24 | -14.3% | -1.4% | ||
| Q2 24 | 2.9% | 1.5% | ||
| Q1 24 | -10.8% | -0.4% |
| Q4 25 | 4.7% | -37.9% | ||
| Q3 25 | -3.2% | -14.8% | ||
| Q2 25 | -7.9% | -13.5% | ||
| Q1 25 | -6.5% | -10.1% | ||
| Q4 24 | -7.7% | -14.4% | ||
| Q3 24 | -23.1% | -10.1% | ||
| Q2 24 | -21.5% | -7.4% | ||
| Q1 24 | -10.7% | -8.4% |
| Q4 25 | $0.43 | $-7.02 | ||
| Q3 25 | — | $-3.05 | ||
| Q2 25 | $-0.41 | $-2.95 | ||
| Q1 25 | $-0.77 | $-2.22 | ||
| Q4 24 | $-0.57 | $-3.33 | ||
| Q3 24 | $-1.17 | $-2.47 | ||
| Q2 24 | $-1.05 | $-1.92 | ||
| Q1 24 | $-0.94 | $-2.14 |
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 | $146.7M |
| 总债务越低越好 | $890.0M | $2.5B |
| 股东权益账面价值 | $260.5M | $-1.1B |
| 总资产 | $1.5B | $2.3B |
| 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 | $146.7M | ||
| Q3 25 | $59.7M | $112.1M | ||
| Q2 25 | $79.4M | $137.0M | ||
| Q1 25 | $49.5M | $126.1M | ||
| Q4 24 | $45.8M | $209.8M | ||
| Q3 24 | $20.2M | $165.3M | ||
| Q2 24 | $12.8M | $105.6M | ||
| Q1 24 | $38.3M | $166.4M |
| Q4 25 | $890.0M | $2.5B | ||
| Q3 25 | $839.8M | $2.5B | ||
| Q2 25 | $833.4M | $2.5B | ||
| Q1 25 | $807.6M | $2.5B | ||
| Q4 24 | $974.4M | $2.4B | ||
| Q3 24 | $921.2M | $2.4B | ||
| Q2 24 | $875.1M | $2.3B | ||
| Q1 24 | $877.2M | $2.3B |
| Q4 25 | $260.5M | $-1.1B | ||
| Q3 25 | $234.1M | $-861.6M | ||
| Q2 25 | $249.8M | $-750.3M | ||
| Q1 25 | $236.5M | $-679.2M | ||
| Q4 24 | $263.0M | $-619.9M | ||
| Q3 24 | $316.6M | $-480.0M | ||
| Q2 24 | $352.1M | $-413.8M | ||
| Q1 24 | $400.4M | $-348.0M |
| Q4 25 | $1.5B | $2.3B | ||
| Q3 25 | $1.5B | $2.5B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.5B | $2.7B | ||
| Q4 24 | $1.7B | $2.6B | ||
| Q3 24 | $1.6B | $2.9B | ||
| Q2 24 | $1.6B | $2.8B | ||
| Q1 24 | $1.7B | $3.0B |
| 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 | $22.6M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $6.6M |
| 自由现金流率自由现金流/营收 | -15.1% | 1.0% |
| 资本支出强度资本支出/营收 | 5.8% | 2.4% |
| 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 | $-153.4M |
8季度趋势，按日历期对齐
| Q4 25 | $-37.0M | $22.6M | ||
| Q3 25 | $-6.9M | $-21.6M | ||
| Q2 25 | $21.8M | $6.8M | ||
| Q1 25 | $186.9M | $-110.2M | ||
| Q4 24 | $-4.1M | $85.1M | ||
| Q3 24 | $-12.7M | $8.8M | ||
| Q2 24 | $-6.8M | $-41.9M | ||
| Q1 24 | $86.2M | $-66.2M |
| Q4 25 | $-59.8M | $6.6M | ||
| Q3 25 | $-22.8M | $-38.1M | ||
| Q2 25 | $3.8M | $-3.0M | ||
| Q1 25 | $172.9M | $-118.9M | ||
| Q4 24 | $-25.9M | $63.9M | ||
| Q3 24 | $-33.6M | $-3.4M | ||
| Q2 24 | $-21.5M | $-56.1M | ||
| Q1 24 | $56.2M | $-81.9M |
| Q4 25 | -15.1% | 1.0% | ||
| Q3 25 | -10.0% | -5.1% | ||
| Q2 25 | 1.8% | -0.4% | ||
| Q1 25 | 35.0% | -15.2% | ||
| Q4 24 | -8.4% | 7.8% | ||
| Q3 24 | -16.1% | -0.4% | ||
| Q2 24 | -10.6% | -6.1% | ||
| Q1 24 | 15.4% | -9.1% |
| Q4 25 | 5.8% | 2.4% | ||
| Q3 25 | 7.0% | 2.2% | ||
| Q2 25 | 8.4% | 1.2% | ||
| Q1 25 | 2.8% | 1.1% | ||
| Q4 24 | 7.1% | 2.6% | ||
| Q3 24 | 10.0% | 1.4% | ||
| Q2 24 | 7.2% | 1.5% | ||
| Q1 24 | 8.2% | 1.7% |
| 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% |
TSE
| Other | $325.2M | 49% |
| Asia Pacific | $142.2M | 21% |
| Engineered Materials | $105.0M | 16% |
| Latex | $59.9M | 9% |
| Polymer Solutions | $30.3M | 5% |
