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COMPASS MINERALS INTERNATIONAL INC（CMP）与Tradeweb Markets Inc.（TW）财务数据对比。点击上方公司名可切换其他公司
Tradeweb Markets Inc.的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.6倍（$617.8M vs $396.1M），Tradeweb Markets Inc.净利率更高（37.7% vs 4.7%，领先33.0%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 21.2%），Tradeweb Markets Inc.自由现金流更多（$2.0M vs $-59.8M），过去两年Tradeweb Markets Inc.的营收复合增速更高（23.5% 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。
Tradeweb Markets Inc.总部位于美国纽约，运营面向机构投资者的电子交易平台，支持固定收益产品、ETF及衍生品交易，服务覆盖银行、资管机构、央行、养老基金、保险公司等超3000家客户。2024年其83%营收来自交易手续费及佣金，17%来自订阅费，52%营收来自利率相关产品。
CMP vs TW — 直观对比
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $617.8M |
| 净利润 | $18.6M | $233.2M |
| 毛利率 | 16.0% | — |
| 营业利润率 | 9.2% | 46.5% |
| 净利率 | 4.7% | 37.7% |
| 营收同比 | 28.9% | 21.2% |
| 净利润同比 | 178.8% | 38.5% |
| 每股收益（稀释后） | $0.43 | $0.96 |
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
| Q1 26 | — | $617.8M | ||
| Q4 25 | $396.1M | $521.2M | ||
| Q3 25 | $227.5M | $508.6M | ||
| Q2 25 | $214.6M | $513.0M | ||
| Q1 25 | $494.6M | $509.7M | ||
| Q4 24 | $307.2M | $463.3M | ||
| Q3 24 | $208.8M | $448.9M | ||
| Q2 24 | $202.9M | $405.0M |
| Q1 26 | — | $233.2M | ||
| Q4 25 | $18.6M | $325.0M | ||
| Q3 25 | $-7.2M | $185.6M | ||
| Q2 25 | $-17.0M | $153.8M | ||
| Q1 25 | $-32.0M | $148.4M | ||
| Q4 24 | $-23.6M | $142.2M | ||
| Q3 24 | $-48.3M | $113.9M | ||
| Q2 24 | $-43.6M | $119.2M |
| 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% | — |
| Q1 26 | — | 46.5% | ||
| Q4 25 | 9.2% | 42.4% | ||
| Q3 25 | 5.3% | 41.4% | ||
| Q2 25 | 7.4% | 39.0% | ||
| Q1 25 | -0.6% | 40.0% | ||
| Q4 24 | 0.2% | 40.7% | ||
| Q3 24 | -14.3% | 35.5% | ||
| Q2 24 | 2.9% | 40.1% |
| Q1 26 | — | 37.7% | ||
| Q4 25 | 4.7% | 62.4% | ||
| Q3 25 | -3.2% | 36.5% | ||
| Q2 25 | -7.9% | 30.0% | ||
| Q1 25 | -6.5% | 29.1% | ||
| Q4 24 | -7.7% | 30.7% | ||
| Q3 24 | -23.1% | 25.4% | ||
| Q2 24 | -21.5% | 29.4% |
| Q1 26 | — | $0.96 | ||
| Q4 25 | $0.43 | $1.52 | ||
| Q3 25 | — | $0.86 | ||
| Q2 25 | $-0.41 | $0.71 | ||
| Q1 25 | $-0.77 | $0.69 | ||
| Q4 24 | $-0.57 | $0.66 | ||
| Q3 24 | $-1.17 | $0.53 | ||
| Q2 24 | $-1.05 | $0.55 |
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 | — |
| 股东权益账面价值 | $260.5M | — |
| 总资产 | $1.5B | — |
| 负债/权益比越低杠杆越低 | 3.42× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $46.7M | $2.1B | ||
| Q3 25 | $59.7M | $1.9B | ||
| Q2 25 | $79.4M | $1.6B | ||
| Q1 25 | $49.5M | $1.3B | ||
| Q4 24 | $45.8M | $1.3B | ||
| Q3 24 | $20.2M | $1.2B | ||
| Q2 24 | $12.8M | $1.7B |
| Q1 26 | — | — | ||
| Q4 25 | $890.0M | — | ||
| Q3 25 | $839.8M | — | ||
| Q2 25 | $833.4M | — | ||
| Q1 25 | $807.6M | — | ||
| Q4 24 | $974.4M | — | ||
| Q3 24 | $921.2M | — | ||
| Q2 24 | $875.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $260.5M | $6.5B | ||
| Q3 25 | $234.1M | $6.3B | ||
| Q2 25 | $249.8M | $6.1B | ||
| Q1 25 | $236.5M | $5.9B | ||
| Q4 24 | $263.0M | $5.8B | ||
| Q3 24 | $316.6M | $5.7B | ||
| Q2 24 | $352.1M | $5.6B |
| Q1 26 | — | — | ||
| Q4 25 | $1.5B | $8.2B | ||
| Q3 25 | $1.5B | $8.0B | ||
| Q2 25 | $1.5B | $8.1B | ||
| Q1 25 | $1.5B | $7.4B | ||
| Q4 24 | $1.7B | $7.3B | ||
| Q3 24 | $1.6B | $7.3B | ||
| Q2 24 | $1.6B | $7.3B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $2.0M |
| 自由现金流率自由现金流/营收 | -15.1% | 0.3% |
| 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 | $1.1B |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $-37.0M | $355.9M | ||
| Q3 25 | $-6.9M | $342.3M | ||
| Q2 25 | $21.8M | $409.2M | ||
| Q1 25 | $186.9M | $60.2M | ||
| Q4 24 | $-4.1M | $282.0M | ||
| Q3 24 | $-12.7M | $292.1M | ||
| Q2 24 | $-6.8M | $285.7M |
| Q1 26 | — | $2.0M | ||
| Q4 25 | $-59.8M | $336.5M | ||
| Q3 25 | $-22.8M | $328.3M | ||
| Q2 25 | $3.8M | $403.7M | ||
| Q1 25 | $172.9M | $58.6M | ||
| Q4 24 | $-25.9M | $256.8M | ||
| Q3 24 | $-33.6M | $287.8M | ||
| Q2 24 | $-21.5M | $280.8M |
| Q1 26 | — | 0.3% | ||
| Q4 25 | -15.1% | 64.6% | ||
| Q3 25 | -10.0% | 64.5% | ||
| Q2 25 | 1.8% | 78.7% | ||
| Q1 25 | 35.0% | 11.5% | ||
| Q4 24 | -8.4% | 55.4% | ||
| Q3 24 | -16.1% | 64.1% | ||
| Q2 24 | -10.6% | 69.4% |
| Q1 26 | — | — | ||
| Q4 25 | 5.8% | 3.7% | ||
| Q3 25 | 7.0% | 2.8% | ||
| Q2 25 | 8.4% | 1.1% | ||
| Q1 25 | 2.8% | 0.3% | ||
| Q4 24 | 7.1% | 5.4% | ||
| Q3 24 | 10.0% | 1.0% | ||
| Q2 24 | 7.2% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | -1.99× | 1.10× | ||
| Q3 25 | — | 1.84× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | — | 0.41× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | — | 2.56× | ||
| Q2 24 | — | 2.40× |
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% |
TW
| Transaction fees and commissions | $523.8M | 85% |
| Subscription fees | $60.3M | 10% |
| LSEG market data fees | $26.7M | 4% |
