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COMPASS MINERALS INTERNATIONAL INC（CMP）与Cactus, Inc.（WHD）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Cactus, Inc.的1.5倍（$396.1M vs $261.2M），Cactus, Inc.净利率更高（15.3% vs 4.7%，领先10.6%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs -4.0%），过去两年COMPASS MINERALS INTERNATIONAL INC的营收复合增速更高（4.3% vs -2.4%）
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。
Cactus, Inc.旗下拥有Cactus Club Cafe，是源自加拿大不列颠哥伦比亚省北温哥华的高端休闲连锁餐饮品牌。目前品牌已在加拿大全境布局34家门店，覆盖不列颠哥伦比亚、阿尔伯塔、萨斯喀彻温、安大略等省份，同时在美国也设有门店，主打高品质休闲餐饮体验。
CMP vs WHD — 直观对比
营收规模更大
CMP
是对方的1.5倍
$261.2M
营收增速更快
CMP
高出33.0%
-4.0%
净利率更高
WHD
高出10.6%
4.7%
两年增速更快
CMP
近两年复合增速
-2.4%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $396.1M | $261.2M |
| 净利润 | $18.6M | $39.8M |
| 毛利率 | 16.0% | 36.2% |
| 营业利润率 | 9.2% | 22.9% |
| 净利率 | 4.7% | 15.3% |
| 营收同比 | 28.9% | -4.0% |
| 净利润同比 | 178.8% | -14.7% |
| 每股收益（稀释后） | $0.43 | — |
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CMPWHD
| Q4 25 | $396.1M | $261.2M | ||
| Q3 25 | $227.5M | $264.0M | ||
| Q2 25 | $214.6M | $273.6M | ||
| Q1 25 | $494.6M | $280.3M | ||
| Q4 24 | $307.2M | $272.1M | ||
| Q3 24 | $208.8M | $293.2M | ||
| Q2 24 | $202.9M | $290.4M | ||
| Q1 24 | $364.0M | $274.1M |
净利润CMPWHD
| Q4 25 | $18.6M | $39.8M | ||
| Q3 25 | $-7.2M | $41.6M | ||
| Q2 25 | $-17.0M | $40.3M | ||
| Q1 25 | $-32.0M | $44.2M | ||
| Q4 24 | $-23.6M | $46.7M | ||
| Q3 24 | $-48.3M | $49.9M | ||
| Q2 24 | $-43.6M | $49.8M | ||
| Q1 24 | $-38.9M | $39.0M |
毛利率CMPWHD
| Q4 25 | 16.0% | 36.2% | ||
| Q3 25 | 16.9% | 36.8% | ||
| Q2 25 | 19.2% | 36.6% | ||
| Q1 25 | 15.5% | 38.4% | ||
| Q4 24 | 11.2% | 37.8% | ||
| Q3 24 | 9.3% | 39.0% | ||
| Q2 24 | 16.1% | 39.2% | ||
| Q1 24 | 19.7% | 38.4% |
营业利润率CMPWHD
| Q4 25 | 9.2% | 22.9% | ||
| Q3 25 | 5.3% | 23.2% | ||
| Q2 25 | 7.4% | 22.2% | ||
| Q1 25 | -0.6% | 24.5% | ||
| Q4 24 | 0.2% | 25.9% | ||
| Q3 24 | -14.3% | 26.2% | ||
| Q2 24 | 2.9% | 27.5% | ||
| Q1 24 | -10.8% | 22.8% |
净利率CMPWHD
| Q4 25 | 4.7% | 15.3% | ||
| Q3 25 | -3.2% | 15.8% | ||
| Q2 25 | -7.9% | 14.7% | ||
| Q1 25 | -6.5% | 15.8% | ||
| Q4 24 | -7.7% | 17.2% | ||
| Q3 24 | -23.1% | 17.0% | ||
| Q2 24 | -21.5% | 17.2% | ||
| Q1 24 | -10.7% | 14.2% |
每股收益（稀释后）CMPWHD
| Q4 25 | $0.43 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-0.41 | — | ||
| Q1 25 | $-0.77 | — | ||
| Q4 24 | $-0.57 | — | ||
| Q3 24 | $-1.17 | — | ||
| Q2 24 | $-1.05 | — | ||
| Q1 24 | $-0.94 | — |
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 | $123.6M |
| 总债务越低越好 | $890.0M | $0 |
| 股东权益账面价值 | $260.5M | $1.2B |
| 总资产 | $1.5B | $1.9B |
| 负债/权益比越低杠杆越低 | 3.42× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资CMPWHD
| Q4 25 | $46.7M | $123.6M | ||
| Q3 25 | $59.7M | $445.6M | ||
| Q2 25 | $79.4M | $405.2M | ||
| Q1 25 | $49.5M | $347.7M | ||
| Q4 24 | $45.8M | $342.8M | ||
| Q3 24 | $20.2M | $303.4M | ||
| Q2 24 | $12.8M | $246.5M | ||
| Q1 24 | $38.3M | $194.3M |
总债务CMPWHD
| Q4 25 | $890.0M | $0 | ||
| Q3 25 | $839.8M | $0 | ||
| Q2 25 | $833.4M | $0 | ||
| Q1 25 | $807.6M | $0 | ||
| Q4 24 | $974.4M | $0 | ||
| Q3 24 | $921.2M | $0 | ||
| Q2 24 | $875.1M | $0 | ||
| Q1 24 | $877.2M | $0 |
股东权益CMPWHD
| Q4 25 | $260.5M | $1.2B | ||
| Q3 25 | $234.1M | $1.2B | ||
| Q2 25 | $249.8M | $1.1B | ||
| Q1 25 | $236.5M | $1.1B | ||
| Q4 24 | $263.0M | $1.1B | ||
| Q3 24 | $316.6M | $1.0B | ||
| Q2 24 | $352.1M | $954.7M | ||
| Q1 24 | $400.4M | $893.4M |
总资产CMPWHD
| Q4 25 | $1.5B | $1.9B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.5B | $1.8B | ||
| Q4 24 | $1.7B | $1.7B | ||
| Q3 24 | $1.6B | $1.7B | ||
| Q2 24 | $1.6B | $1.6B | ||
| Q1 24 | $1.7B | $1.6B |
负债/权益比CMPWHD
| Q4 25 | 3.42× | 0.00× | ||
| Q3 25 | 3.59× | 0.00× | ||
| Q2 25 | 3.34× | 0.00× | ||
| Q1 25 | 3.41× | 0.00× | ||
| Q4 24 | 3.70× | 0.00× | ||
| Q3 24 | 2.91× | 0.00× | ||
| Q2 24 | 2.49× | 0.00× | ||
| Q1 24 | 2.19× | 0.00× |
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 | $72.3M |
| 自由现金流经营现金流 - 资本支出 | $-59.8M | — |
| 自由现金流率自由现金流/营收 | -15.1% | — |
| 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× | 1.81× |
| 过去12个月自由现金流最近4个季度 | $94.1M | — |
8季度趋势，按日历期对齐
经营现金流CMPWHD
| Q4 25 | $-37.0M | $72.3M | ||
| Q3 25 | $-6.9M | $61.8M | ||
| Q2 25 | $21.8M | $82.8M | ||
| Q1 25 | $186.9M | $41.5M | ||
| Q4 24 | $-4.1M | $66.6M | ||
| Q3 24 | $-12.7M | $85.3M | ||
| Q2 24 | $-6.8M | $78.0M | ||
| Q1 24 | $86.2M | $86.3M |
自由现金流CMPWHD
| Q4 25 | $-59.8M | — | ||
| Q3 25 | $-22.8M | — | ||
| Q2 25 | $3.8M | — | ||
| Q1 25 | $172.9M | — | ||
| Q4 24 | $-25.9M | — | ||
| Q3 24 | $-33.6M | — | ||
| Q2 24 | $-21.5M | — | ||
| Q1 24 | $56.2M | — |
自由现金流率CMPWHD
| Q4 25 | -15.1% | — | ||
| Q3 25 | -10.0% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 35.0% | — | ||
| Q4 24 | -8.4% | — | ||
| Q3 24 | -16.1% | — | ||
| Q2 24 | -10.6% | — | ||
| Q1 24 | 15.4% | — |
资本支出强度CMPWHD
| Q4 25 | 5.8% | — | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 7.1% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 7.2% | — | ||
| Q1 24 | 8.2% | — |
现金转化率CMPWHD
| Q4 25 | -1.99× | 1.81× | ||
| Q3 25 | — | 1.48× | ||
| Q2 25 | — | 2.05× | ||
| Q1 25 | — | 0.94× | ||
| Q4 24 | — | 1.43× | ||
| Q3 24 | — | 1.71× | ||
| Q2 24 | — | 1.56× | ||
| Q1 24 | — | 2.21× |
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% |
WHD
| Products | $201.4M | 77% |
| Other | $40.8M | 16% |
| Rental Revenue | $19.0M | 7% |
