vs
COMPASS MINERALS INTERNATIONAL INC（CMP）与胜牌（VVV）财务数据对比。点击上方公司名可切换其他公司
胜牌的季度营收约是COMPASS MINERALS INTERNATIONAL INC的1.2倍（$461.8M vs $396.1M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs -7.1%，领先11.8%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 11.5%），胜牌自由现金流更多（$7.4M vs $-59.8M），过去两年胜牌的营收复合增速更高（9.0% 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。
胜牌公司是总部位于美国肯塔基州列克星敦的汽车零售服务企业，授权推出多款胜牌 branded 的车用机油、添加剂及润滑油产品，旗下拥有胜牌即时换油、加拿大卓越换油、胜牌快速护理等汽车维修连锁品牌。截至2023年，胜牌是美国第二大换油服务提供商，市场份额达10%，门店数量超1650家。
CMP vs VVV — 直观对比
营收规模更大
VVV
是对方的1.2倍
$396.1M
营收增速更快
CMP
高出17.5%
11.5%
净利率更高
CMP
高出11.8%
-7.1%
自由现金流更多
VVV
多$67.2M
$-59.8M
两年增速更快
VVV
近两年复合增速
4.3%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $461.8M |
| 净利润 | $18.6M | $-32.8M |
| 毛利率 | 16.0% | 37.4% |
| 营业利润率 | 9.2% | 4.0% |
| 净利率 | 4.7% | -7.1% |
| 营收同比 | 28.9% | 11.5% |
| 净利润同比 | 178.8% | -135.8% |
| 每股收益（稀释后） | $0.43 | $-0.26 |
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CMPVVV
| Q4 25 | $396.1M | $461.8M | ||
| Q3 25 | $227.5M | $453.8M | ||
| Q2 25 | $214.6M | $439.0M | ||
| Q1 25 | $494.6M | $403.2M | ||
| Q4 24 | $307.2M | $414.3M | ||
| Q3 24 | $208.8M | $435.5M | ||
| Q2 24 | $202.9M | $421.4M | ||
| Q1 24 | $364.0M | $388.7M |
净利润CMPVVV
| Q4 25 | $18.6M | $-32.8M | ||
| Q3 25 | $-7.2M | $25.0M | ||
| Q2 25 | $-17.0M | $56.5M | ||
| Q1 25 | $-32.0M | $37.6M | ||
| Q4 24 | $-23.6M | $91.6M | ||
| Q3 24 | $-48.3M | $92.3M | ||
| Q2 24 | $-43.6M | $45.9M | ||
| Q1 24 | $-38.9M | $41.4M |
毛利率CMPVVV
| Q4 25 | 16.0% | 37.4% | ||
| Q3 25 | 16.9% | 39.1% | ||
| Q2 25 | 19.2% | 40.5% | ||
| Q1 25 | 15.5% | 37.3% | ||
| Q4 24 | 11.2% | 36.9% | ||
| Q3 24 | 9.3% | 39.1% | ||
| Q2 24 | 16.1% | 39.7% | ||
| Q1 24 | 19.7% | 37.6% |
营业利润率CMPVVV
| Q4 25 | 9.2% | 4.0% | ||
| Q3 25 | 5.3% | 18.6% | ||
| Q2 25 | 7.4% | 21.6% | ||
| Q1 25 | -0.6% | 16.6% | ||
| Q4 24 | 0.2% | 34.7% | ||
| Q3 24 | -14.3% | 30.9% | ||
| Q2 24 | 2.9% | 22.2% | ||
| Q1 24 | -10.8% | 19.7% |
净利率CMPVVV
| Q4 25 | 4.7% | -7.1% | ||
| Q3 25 | -3.2% | 5.5% | ||
| Q2 25 | -7.9% | 12.9% | ||
| Q1 25 | -6.5% | 9.3% | ||
| Q4 24 | -7.7% | 22.1% | ||
| Q3 24 | -23.1% | 21.2% | ||
| Q2 24 | -21.5% | 10.9% | ||
| Q1 24 | -10.7% | 10.7% |
每股收益（稀释后）CMPVVV
| Q4 25 | $0.43 | $-0.26 | ||
| Q3 25 | — | $0.20 | ||
| Q2 25 | $-0.41 | $0.44 | ||
| Q1 25 | $-0.77 | $0.29 | ||
| Q4 24 | $-0.57 | $0.71 | ||
| Q3 24 | $-1.17 | $0.70 | ||
| Q2 24 | $-1.05 | $0.35 | ||
| Q1 24 | $-0.94 | $0.32 |
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 | $69.9M |
| 总债务越低越好 | $890.0M | — |
| 股东权益账面价值 | $260.5M | $307.6M |
| 总资产 | $1.5B | $3.4B |
| 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CMPVVV
| Q4 25 | $46.7M | $69.9M | ||
| Q3 25 | $59.7M | $51.6M | ||
| Q2 25 | $79.4M | $68.3M | ||
| Q1 25 | $49.5M | $61.9M | ||
| Q4 24 | $45.8M | $60.0M | ||
| Q3 24 | $20.2M | $68.3M | ||
| Q2 24 | $12.8M | $65.7M | ||
| Q1 24 | $38.3M | $494.5M |
总债务CMPVVV
| 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 | — |
股东权益CMPVVV
| Q4 25 | $260.5M | $307.6M | ||
| Q3 25 | $234.1M | $338.5M | ||
| Q2 25 | $249.8M | $313.6M | ||
| Q1 25 | $236.5M | $248.7M | ||
| Q4 24 | $263.0M | $229.8M | ||
| Q3 24 | $316.6M | $185.6M | ||
| Q2 24 | $352.1M | $106.5M | ||
| Q1 24 | $400.4M | $60.1M |
总资产CMPVVV
| Q4 25 | $1.5B | $3.4B | ||
| Q3 25 | $1.5B | $2.7B | ||
| Q2 25 | $1.5B | $2.6B | ||
| Q1 25 | $1.5B | $2.5B | ||
| Q4 24 | $1.7B | $2.3B | ||
| Q3 24 | $1.6B | $2.4B | ||
| Q2 24 | $1.6B | $2.4B | ||
| Q1 24 | $1.7B | $2.8B |
负债/权益比CMPVVV
| 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 | $64.8M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | $7.4M |
| 自由现金流率自由现金流/营收 | -15.1% | 1.6% |
| 资本支出强度资本支出/营收 | 5.8% | 12.4% |
| 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 | $57.8M |
8季度趋势，按日历期对齐
经营现金流CMPVVV
| Q4 25 | $-37.0M | $64.8M | ||
| Q3 25 | $-6.9M | $121.9M | ||
| Q2 25 | $21.8M | $86.9M | ||
| Q1 25 | $186.9M | $47.2M | ||
| Q4 24 | $-4.1M | $41.2M | ||
| Q3 24 | $-12.7M | $101.3M | ||
| Q2 24 | $-6.8M | $75.6M | ||
| Q1 24 | $86.2M | $68.3M |
自由现金流CMPVVV
| Q4 25 | $-59.8M | $7.4M | ||
| Q3 25 | $-22.8M | $23.0M | ||
| Q2 25 | $3.8M | $32.0M | ||
| Q1 25 | $172.9M | $-4.6M | ||
| Q4 24 | $-25.9M | $-12.4M | ||
| Q3 24 | $-33.6M | $29.9M | ||
| Q2 24 | $-21.5M | $9.8M | ||
| Q1 24 | $56.2M | $23.4M |
自由现金流率CMPVVV
| Q4 25 | -15.1% | 1.6% | ||
| Q3 25 | -10.0% | 5.1% | ||
| Q2 25 | 1.8% | 7.3% | ||
| Q1 25 | 35.0% | -1.1% | ||
| Q4 24 | -8.4% | -3.0% | ||
| Q3 24 | -16.1% | 6.9% | ||
| Q2 24 | -10.6% | 2.3% | ||
| Q1 24 | 15.4% | 6.0% |
资本支出强度CMPVVV
| Q4 25 | 5.8% | 12.4% | ||
| Q3 25 | 7.0% | 21.8% | ||
| Q2 25 | 8.4% | 12.5% | ||
| Q1 25 | 2.8% | 12.8% | ||
| Q4 24 | 7.1% | 12.9% | ||
| Q3 24 | 10.0% | 16.4% | ||
| Q2 24 | 7.2% | 15.6% | ||
| Q1 24 | 8.2% | 11.6% |
现金转化率CMPVVV
| Q4 25 | -1.99× | — | ||
| Q3 25 | — | 4.88× | ||
| Q2 25 | — | 1.54× | ||
| Q1 25 | — | 1.26× | ||
| Q4 24 | — | 0.45× | ||
| Q3 24 | — | 1.10× | ||
| Q2 24 | — | 1.65× | ||
| Q1 24 | — | 1.65× |
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% |
VVV
| Oil Change And Related Fees | $337.7M | 73% |
| Non Oil Change And Related Fees | $100.5M | 22% |
| Franchise Fees And Other | $23.6M | 5% |
