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加拿大国家铁路（CP）与美盛公司（MOS）财务数据对比。点击上方公司名可切换其他公司
美盛公司的季度营收约是加拿大国家铁路的1.0倍（$3.0B vs $2.8B），加拿大国家铁路净利率更高（27.7% vs -17.5%，领先45.1%），美盛公司同比增速更快（5.6% vs 1.3%），加拿大国家铁路自由现金流更多（$537.3M vs $-405.7M），过去两年加拿大国家铁路的营收复合增速更高（5.6% vs 5.3%）
加拿大国家铁路是加拿大一级货运铁路企业，总部位于魁北克省蒙特利尔市，业务覆盖加拿大全境及美国中西部、南部区域，是加拿大两大主力货运铁路运营商之一，与加拿大太平洋堪萨斯城铁路公司齐名。
美盛公司（The Mosaic Company）是总部位于美国佛罗里达州坦帕的化工企业，主营磷矿、钾矿开采及尿素采集，依托多元国际分销网络和旗下肥料业务板块生产销售农用肥料，是美国规模最大的钾肥、磷肥生产商。
CP vs MOS — 直观对比
营收规模更大
MOS
是对方的1.0倍
$2.8B
营收增速更快
MOS
高出4.3%
1.3%
净利率更高
CP
高出45.1%
-17.5%
自由现金流更多
CP
多$943.0M
$-405.7M
两年增速更快
CP
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $3.0B |
| 净利润 | $786.2M | $-519.5M |
| 毛利率 | — | 11.5% |
| 营业利润率 | 41.4% | -3.4% |
| 净利率 | 27.7% | -17.5% |
| 营收同比 | 1.3% | 5.6% |
| 净利润同比 | -10.3% | -407.4% |
| 每股收益（稀释后） | — | $-1.63 |
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CPMOS
| Q4 25 | $2.8B | $3.0B | ||
| Q3 25 | $2.7B | $3.5B | ||
| Q2 25 | $2.7B | $3.0B | ||
| Q1 25 | $2.8B | $2.6B | ||
| Q4 24 | $2.8B | $2.8B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.6B | $2.8B | ||
| Q1 24 | $2.5B | $2.7B |
净利润CPMOS
| Q4 25 | $786.2M | $-519.5M | ||
| Q3 25 | $671.6M | $411.4M | ||
| Q2 25 | $900.8M | $410.7M | ||
| Q1 25 | $664.3M | $238.1M | ||
| Q4 24 | $876.7M | $169.0M | ||
| Q3 24 | $611.0M | $122.2M | ||
| Q2 24 | $660.6M | $-161.5M | ||
| Q1 24 | $565.8M | $45.2M |
毛利率CPMOS
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 14.8% | ||
| Q2 24 | — | 14.0% | ||
| Q1 24 | — | 14.9% |
营业利润率CPMOS
| Q4 25 | 41.4% | -3.4% | ||
| Q3 25 | 36.8% | 9.8% | ||
| Q2 25 | 36.6% | 8.1% | ||
| Q1 25 | 35.0% | 12.9% | ||
| Q4 24 | 40.6% | 3.5% | ||
| Q3 24 | 34.3% | 4.1% | ||
| Q2 24 | 35.4% | 8.3% | ||
| Q1 24 | 32.9% | 6.5% |
净利率CPMOS
| Q4 25 | 27.7% | -17.5% | ||
| Q3 25 | 25.3% | 11.9% | ||
| Q2 25 | 33.6% | 13.7% | ||
| Q1 25 | 24.2% | 9.1% | ||
| Q4 24 | 31.2% | 6.0% | ||
| Q3 24 | 23.9% | 4.3% | ||
| Q2 24 | 25.3% | -5.7% | ||
| Q1 24 | 22.2% | 1.7% |
每股收益（稀释后）CPMOS
| Q4 25 | — | $-1.63 | ||
| Q3 25 | — | $1.29 | ||
| Q2 25 | — | $1.29 | ||
| Q1 25 | — | $0.75 | ||
| Q4 24 | — | $0.53 | ||
| Q3 24 | — | $0.38 | ||
| Q2 24 | — | $-0.50 | ||
| Q1 24 | — | $0.14 |
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 | $134.3M | $276.6M |
| 总债务越低越好 | $14.6B | $4.3B |
| 股东权益账面价值 | $33.5B | $12.1B |
| 总资产 | $62.7B | $24.5B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资CPMOS
| Q4 25 | $134.3M | $276.6M | ||
| Q3 25 | $300.0M | $153.3M | ||
| Q2 25 | $583.3M | $286.2M | ||
| Q1 25 | $507.4M | $259.2M | ||
| Q4 24 | $539.5M | $272.8M | ||
| Q3 24 | $338.0M | $301.6M | ||
| Q2 24 | $406.6M | $322.0M | ||
| Q1 24 | $378.9M | $336.7M |
总债务CPMOS
| Q4 25 | $14.6B | $4.3B | ||
| Q3 25 | $15.8B | $3.4B | ||
| Q2 25 | $15.5B | $3.3B | ||
| Q1 25 | $15.4B | $3.3B | ||
| Q4 24 | $14.5B | $3.3B | ||
| Q3 24 | $13.7B | $3.2B | ||
| Q2 24 | $13.8B | $3.2B | ||
| Q1 24 | $13.7B | $3.2B |
股东权益CPMOS
| Q4 25 | $33.5B | $12.1B | ||
| Q3 25 | $33.4B | $12.8B | ||
| Q2 25 | $33.7B | $12.4B | ||
| Q1 25 | $35.2B | $11.8B | ||
| Q4 24 | $35.0B | $11.5B | ||
| Q3 24 | $32.2B | $11.8B | ||
| Q2 24 | $32.0B | $11.7B | ||
| Q1 24 | $31.3B | $12.0B |
总资产CPMOS
| Q4 25 | $62.7B | $24.5B | ||
| Q3 25 | $63.3B | $24.7B | ||
| Q2 25 | $62.2B | $24.3B | ||
| Q1 25 | $64.3B | $23.2B | ||
| Q4 24 | $64.1B | $22.9B | ||
| Q3 24 | $60.0B | $23.3B | ||
| Q2 24 | $60.4B | $22.6B | ||
| Q1 24 | $59.6B | $22.9B |
负债/权益比CPMOS
| Q4 25 | 0.43× | 0.35× | ||
| Q3 25 | 0.47× | 0.26× | ||
| Q2 25 | 0.46× | 0.27× | ||
| Q1 25 | 0.44× | 0.28× | ||
| Q4 24 | 0.41× | 0.29× | ||
| Q3 24 | 0.42× | 0.27× | ||
| Q2 24 | 0.43× | 0.27× | ||
| Q1 24 | 0.44× | 0.27× |
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 | $1.1B | $-56.1M |
| 自由现金流经营现金流 - 资本支出 | $537.3M | $-405.7M |
| 自由现金流率自由现金流/营收 | 18.9% | -13.6% |
| 资本支出强度资本支出/营收 | 20.2% | 11.8% |
| 现金转化率经营现金流/净利润 | 1.42× | — |
| 过去12个月自由现金流最近4个季度 | $1.6B | $-534.6M |
8季度趋势，按日历期对齐
经营现金流CPMOS
| Q4 25 | $1.1B | $-56.1M | ||
| Q3 25 | $930.0M | $228.5M | ||
| Q2 25 | $989.1M | $609.5M | ||
| Q1 25 | $843.9M | $42.9M | ||
| Q4 24 | $1.2B | $219.3M | ||
| Q3 24 | $928.6M | $312.9M | ||
| Q2 24 | $932.9M | $847.0M | ||
| Q1 24 | $741.0M | $-80.0M |
自由现金流CPMOS
| Q4 25 | $537.3M | $-405.7M | ||
| Q3 25 | $302.2M | $-135.9M | ||
| Q2 25 | $446.8M | $304.9M | ||
| Q1 25 | $324.9M | $-297.9M | ||
| Q4 24 | $702.3M | $-74.8M | ||
| Q3 24 | $382.5M | $72.1M | ||
| Q2 24 | $343.1M | $513.1M | ||
| Q1 24 | $356.2M | $-463.0M |
自由现金流率CPMOS
| Q4 25 | 18.9% | -13.6% | ||
| Q3 25 | 11.4% | -3.9% | ||
| Q2 25 | 16.7% | 10.1% | ||
| Q1 25 | 11.8% | -11.4% | ||
| Q4 24 | 25.0% | -2.7% | ||
| Q3 24 | 15.0% | 2.6% | ||
| Q2 24 | 13.1% | 18.2% | ||
| Q1 24 | 14.0% | -17.3% |
资本支出强度CPMOS
| Q4 25 | 20.2% | 11.8% | ||
| Q3 25 | 23.7% | 10.6% | ||
| Q2 25 | 20.2% | 10.1% | ||
| Q1 25 | 18.9% | 13.0% | ||
| Q4 24 | 19.3% | 10.4% | ||
| Q3 24 | 21.4% | 8.6% | ||
| Q2 24 | 22.6% | 11.9% | ||
| Q1 24 | 15.1% | 14.3% |
现金转化率CPMOS
| Q4 25 | 1.42× | — | ||
| Q3 25 | 1.38× | 0.56× | ||
| Q2 25 | 1.10× | 1.48× | ||
| Q1 25 | 1.27× | 0.18× | ||
| Q4 24 | 1.42× | 1.30× | ||
| Q3 24 | 1.52× | 2.56× | ||
| Q2 24 | 1.41× | — | ||
| Q1 24 | 1.31× | -1.77× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
