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COMPASS MINERALS INTERNATIONAL INC（CMP）与U S PHYSICAL THERAPY INC（USPH）财务数据对比。点击上方公司名可切换其他公司
COMPASS MINERALS INTERNATIONAL INC的季度营收约是U S PHYSICAL THERAPY INC的2.0倍（$396.1M vs $202.7M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs 2.0%，领先2.6%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 12.3%），U S PHYSICAL THERAPY INC自由现金流更多（$21.0M vs $-59.8M），过去两年U S PHYSICAL THERAPY INC的营收复合增速更高（14.1% 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。
该企业是美国领先的门诊康复服务提供商，运营数百间线下物理治疗门诊，为受伤、术后、慢性疼痛及行动障碍人群提供康复护理，同时覆盖运动医学、职业治疗、儿童康复等特色服务领域。
CMP vs USPH — 直观对比
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $202.7M |
| 净利润 | $18.6M | $4.2M |
| 毛利率 | 16.0% | 19.8% |
| 营业利润率 | 9.2% | 8.3% |
| 净利率 | 4.7% | 2.0% |
| 营收同比 | 28.9% | 12.3% |
| 净利润同比 | 178.8% | -55.1% |
| 每股收益（稀释后） | $0.43 | $-0.44 |
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 | $202.7M | ||
| Q3 25 | $227.5M | $197.1M | ||
| Q2 25 | $214.6M | $197.3M | ||
| Q1 25 | $494.6M | $183.8M | ||
| Q4 24 | $307.2M | $180.4M | ||
| Q3 24 | $208.8M | $168.0M | ||
| Q2 24 | $202.9M | $167.2M | ||
| Q1 24 | $364.0M | $155.7M |
| Q4 25 | $18.6M | $4.2M | ||
| Q3 25 | $-7.2M | $13.1M | ||
| Q2 25 | $-17.0M | $12.4M | ||
| Q1 25 | $-32.0M | $9.9M | ||
| Q4 24 | $-23.6M | $9.2M | ||
| Q3 24 | $-48.3M | $6.6M | ||
| Q2 24 | $-43.6M | $7.5M | ||
| Q1 24 | $-38.9M | $8.0M |
| Q4 25 | 16.0% | 19.8% | ||
| Q3 25 | 16.9% | 18.7% | ||
| Q2 25 | 19.2% | 21.1% | ||
| Q1 25 | 15.5% | 16.9% | ||
| Q4 24 | 11.2% | 18.0% | ||
| Q3 24 | 9.3% | 17.3% | ||
| Q2 24 | 16.1% | 20.3% | ||
| Q1 24 | 19.7% | 18.2% |
| Q4 25 | 9.2% | 8.3% | ||
| Q3 25 | 5.3% | 12.8% | ||
| Q2 25 | 7.4% | 12.6% | ||
| Q1 25 | -0.6% | 10.7% | ||
| Q4 24 | 0.2% | 10.9% | ||
| Q3 24 | -14.3% | 7.6% | ||
| Q2 24 | 2.9% | 9.3% | ||
| Q1 24 | -10.8% | 9.6% |
| Q4 25 | 4.7% | 2.0% | ||
| Q3 25 | -3.2% | 6.7% | ||
| Q2 25 | -7.9% | 6.3% | ||
| Q1 25 | -6.5% | 5.4% | ||
| Q4 24 | -7.7% | 5.1% | ||
| Q3 24 | -23.1% | 3.9% | ||
| Q2 24 | -21.5% | 4.5% | ||
| Q1 24 | -10.7% | 5.2% |
| Q4 25 | $0.43 | $-0.44 | ||
| Q3 25 | — | $0.48 | ||
| Q2 25 | $-0.41 | $0.58 | ||
| Q1 25 | $-0.77 | $0.80 | ||
| Q4 24 | $-0.57 | $0.52 | ||
| Q3 24 | $-1.17 | $0.39 | ||
| Q2 24 | $-1.05 | $0.47 | ||
| Q1 24 | $-0.94 | $0.46 |
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 | $35.6M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $476.4M |
| 总资产 | $1.5B | $1.2B |
| 负债/权益比越低杠杆越低 | 3.42× | — |
8季度趋势，按日历期对齐
| Q4 25 | $46.7M | $35.6M | ||
| Q3 25 | $59.7M | $31.1M | ||
| Q2 25 | $79.4M | $34.1M | ||
| Q1 25 | $49.5M | $39.2M | ||
| Q4 24 | $45.8M | $41.4M | ||
| Q3 24 | $20.2M | $117.0M | ||
| Q2 24 | $12.8M | $112.9M | ||
| Q1 24 | $38.3M | $132.3M |
| 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 24 | $877.2M | — |
| Q4 25 | $260.5M | $476.4M | ||
| Q3 25 | $234.1M | $503.6M | ||
| Q2 25 | $249.8M | $500.8M | ||
| Q1 25 | $236.5M | $497.3M | ||
| Q4 24 | $263.0M | $488.9M | ||
| Q3 24 | $316.6M | $482.8M | ||
| Q2 24 | $352.1M | $484.6M | ||
| Q1 24 | $400.4M | $479.8M |
| Q4 25 | $1.5B | $1.2B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.5B | $1.2B | ||
| Q4 24 | $1.7B | $1.2B | ||
| Q3 24 | $1.6B | $1.0B | ||
| Q2 24 | $1.6B | $1.0B | ||
| Q1 24 | $1.7B | $1.0B |
| 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 | $24.9M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $21.0M |
| 自由现金流率自由现金流/营收 | -15.1% | 10.4% |
| 资本支出强度资本支出/营收 | 5.8% | 1.9% |
| 现金转化率经营现金流/净利润 | -1.99× | 6.00× |
| 过去12个月自由现金流最近4个季度 | $94.1M | $61.0M |
8季度趋势，按日历期对齐
| Q4 25 | $-37.0M | $24.9M | ||
| Q3 25 | $-6.9M | $19.9M | ||
| Q2 25 | $21.8M | $34.9M | ||
| Q1 25 | $186.9M | $-4.7M | ||
| Q4 24 | $-4.1M | $19.4M | ||
| Q3 24 | $-12.7M | $22.1M | ||
| Q2 24 | $-6.8M | $29.0M | ||
| Q1 24 | $86.2M | $4.4M |
| Q4 25 | $-59.8M | $21.0M | ||
| Q3 25 | $-22.8M | $15.6M | ||
| Q2 25 | $3.8M | $31.6M | ||
| Q1 25 | $172.9M | $-7.3M | ||
| Q4 24 | $-25.9M | $16.9M | ||
| Q3 24 | $-33.6M | $19.6M | ||
| Q2 24 | $-21.5M | $26.7M | ||
| Q1 24 | $56.2M | $2.6M |
| Q4 25 | -15.1% | 10.4% | ||
| Q3 25 | -10.0% | 7.9% | ||
| Q2 25 | 1.8% | 16.0% | ||
| Q1 25 | 35.0% | -3.9% | ||
| Q4 24 | -8.4% | 9.4% | ||
| Q3 24 | -16.1% | 11.7% | ||
| Q2 24 | -10.6% | 15.9% | ||
| Q1 24 | 15.4% | 1.7% |
| Q4 25 | 5.8% | 1.9% | ||
| Q3 25 | 7.0% | 2.2% | ||
| Q2 25 | 8.4% | 1.6% | ||
| Q1 25 | 2.8% | 1.4% | ||
| Q4 24 | 7.1% | 1.4% | ||
| Q3 24 | 10.0% | 1.5% | ||
| Q2 24 | 7.2% | 1.4% | ||
| Q1 24 | 8.2% | 1.2% |
| Q4 25 | -1.99× | 6.00× | ||
| Q3 25 | — | 1.52× | ||
| Q2 25 | — | 2.81× | ||
| Q1 25 | — | -0.47× | ||
| Q4 24 | — | 2.10× | ||
| Q3 24 | — | 3.34× | ||
| Q2 24 | — | 3.86× | ||
| Q1 24 | — | 0.55× |
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% |
USPH
| Net Patient Revenues | $169.7M | 84% |
| Industrial Injury Prevention Services Revenues | $28.9M | 14% |
| Management Contract Revenues | $2.3M | 1% |
