vs
Kosmos Energy Ltd.（KOS）与美世（MERC）财务数据对比。点击上方公司名可切换其他公司
美世的季度营收约是Kosmos Energy Ltd.的1.5倍（$449.5M vs $294.6M），美世同比增速更快（-8.0% vs -25.9%），过去两年美世的营收复合增速更高（-9.9% vs -16.5%）
科斯莫斯能源是一家美国上游石油企业，总部位于得克萨斯州达拉斯。公司目前在加纳、赤道几内亚近海以及墨西哥湾开展油气生产与开发业务，在毛里塔尼亚、塞内加尔近海拥有开发项目，还在纳米比亚、圣多美和普林西比、苏里南近海持有勘探许可。
美世是1945年成立的美国咨询公司，为全球专业服务集团威达信的四大运营子公司之一，总部位于纽约，在43个国家设有办事处，业务覆盖130个国家，主要为客户提供人力资源与金融咨询服务。
KOS vs MERC — 直观对比
营收规模更大
MERC
是对方的1.5倍
$294.6M
营收增速更快
MERC
高出17.9%
-25.9%
两年增速更快
MERC
近两年复合增速
-16.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $294.6M | $449.5M |
| 净利润 | — | $-308.7M |
| 毛利率 | — | — |
| 营业利润率 | -125.7% | -62.0% |
| 净利率 | — | -68.7% |
| 营收同比 | -25.9% | -8.0% |
| 净利润同比 | — | -1947.7% |
| 每股收益（稀释后） | $-0.80 | $-4.61 |
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KOSMERC
| Q4 25 | $294.6M | $449.5M | ||
| Q3 25 | $311.0M | $458.1M | ||
| Q2 25 | $392.6M | $453.5M | ||
| Q1 25 | $290.1M | $507.0M | ||
| Q4 24 | $397.6M | $488.4M | ||
| Q3 24 | $407.8M | $502.1M | ||
| Q2 24 | $447.8M | $499.4M | ||
| Q1 24 | $422.3M | $553.4M |
净利润KOSMERC
| Q4 25 | — | $-308.7M | ||
| Q3 25 | $-124.3M | $-80.8M | ||
| Q2 25 | $-87.7M | $-86.1M | ||
| Q1 25 | $-110.6M | $-22.3M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | $45.0M | $-17.6M | ||
| Q2 24 | $59.8M | $-67.6M | ||
| Q1 24 | $91.7M | $-16.7M |
营业利润率KOSMERC
| Q4 25 | -125.7% | -62.0% | ||
| Q3 25 | -34.2% | -14.8% | ||
| Q2 25 | -16.2% | -12.9% | ||
| Q1 25 | -32.4% | 1.3% | ||
| Q4 24 | -8.5% | 10.3% | ||
| Q3 24 | 26.1% | 1.8% | ||
| Q2 24 | 30.2% | -8.8% | ||
| Q1 24 | 33.6% | -0.1% |
净利率KOSMERC
| Q4 25 | — | -68.7% | ||
| Q3 25 | -40.0% | -17.6% | ||
| Q2 25 | -22.3% | -19.0% | ||
| Q1 25 | -38.1% | -4.4% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | 11.0% | -3.5% | ||
| Q2 24 | 13.3% | -13.5% | ||
| Q1 24 | 21.7% | -3.0% |
每股收益（稀释后）KOSMERC
| Q4 25 | $-0.80 | $-4.61 | ||
| Q3 25 | $-0.26 | $-1.21 | ||
| Q2 25 | $-0.18 | $-1.29 | ||
| Q1 25 | $-0.23 | $-0.33 | ||
| Q4 24 | $0.00 | $0.25 | ||
| Q3 24 | $0.09 | $-0.26 | ||
| Q2 24 | $0.12 | $-1.01 | ||
| Q1 24 | $0.19 | $-0.25 |
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 | $91.5M | $186.8M |
| 总债务越低越好 | $3.1B | $1.6B |
| 股东权益账面价值 | $528.6M | $68.1M |
| 总资产 | $4.7B | $2.0B |
| 负债/权益比越低杠杆越低 | 5.78× | 23.58× |
8季度趋势，按日历期对齐
现金及短期投资KOSMERC
| Q4 25 | $91.5M | $186.8M | ||
| Q3 25 | $64.0M | $98.1M | ||
| Q2 25 | $51.7M | $146.5M | ||
| Q1 25 | $49.8M | $181.5M | ||
| Q4 24 | $85.0M | $184.9M | ||
| Q3 24 | $51.6M | $239.0M | ||
| Q2 24 | $173.8M | $263.2M | ||
| Q1 24 | $254.3M | $274.3M |
总债务KOSMERC
| Q4 25 | $3.1B | $1.6B | ||
| Q3 25 | $3.0B | $1.5B | ||
| Q2 25 | $2.9B | $1.5B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | $2.7B | $1.5B | ||
| Q3 24 | — | $1.6B | ||
| Q2 24 | — | $1.6B | ||
| Q1 24 | — | $1.6B |
股东权益KOSMERC
| Q4 25 | $528.6M | $68.1M | ||
| Q3 25 | $898.8M | $359.5M | ||
| Q2 25 | $1.0B | $446.5M | ||
| Q1 25 | $1.1B | $437.4M | ||
| Q4 24 | $1.2B | $429.8M | ||
| Q3 24 | $1.2B | $516.8M | ||
| Q2 24 | $1.1B | $487.7M | ||
| Q1 24 | $1.1B | $573.6M |
总资产KOSMERC
| Q4 25 | $4.7B | $2.0B | ||
| Q3 25 | $5.1B | $2.3B | ||
| Q2 25 | $5.2B | $2.4B | ||
| Q1 25 | $5.3B | $2.3B | ||
| Q4 24 | $5.3B | $2.3B | ||
| Q3 24 | $5.5B | $2.5B | ||
| Q2 24 | $5.4B | $2.5B | ||
| Q1 24 | $5.4B | $2.6B |
负债/权益比KOSMERC
| Q4 25 | 5.78× | 23.58× | ||
| Q3 25 | 3.31× | 4.30× | ||
| Q2 25 | 2.80× | 3.42× | ||
| Q1 25 | — | 3.44× | ||
| Q4 24 | 2.29× | 3.43× | ||
| Q3 24 | — | 3.09× | ||
| Q2 24 | — | 3.22× | ||
| Q1 24 | — | 2.82× |
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 | $35.3M | $46.2M |
| 自由现金流经营现金流 - 资本支出 | — | $32.0M |
| 自由现金流率自由现金流/营收 | — | 7.1% |
| 资本支出强度资本支出/营收 | — | 3.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-80.0M |
8季度趋势，按日历期对齐
经营现金流KOSMERC
| Q4 25 | $35.3M | $46.2M | ||
| Q3 25 | $-27.6M | $-30.1M | ||
| Q2 25 | $127.2M | $-4.5M | ||
| Q1 25 | $-888.0K | $-3.0M | ||
| Q4 24 | $175.7M | $71.2M | ||
| Q3 24 | $6.3M | $-13.9M | ||
| Q2 24 | $223.7M | $62.2M | ||
| Q1 24 | $272.6M | $-29.2M |
自由现金流KOSMERC
| Q4 25 | — | $32.0M | ||
| Q3 25 | — | $-60.1M | ||
| Q2 25 | — | $-28.9M | ||
| Q1 25 | — | $-23.1M | ||
| Q4 24 | — | $50.4M | ||
| Q3 24 | — | $-41.2M | ||
| Q2 24 | — | $44.3M | ||
| Q1 24 | — | $-47.7M |
自由现金流率KOSMERC
| Q4 25 | — | 7.1% | ||
| Q3 25 | — | -13.1% | ||
| Q2 25 | — | -6.4% | ||
| Q1 25 | — | -4.6% | ||
| Q4 24 | — | 10.3% | ||
| Q3 24 | — | -8.2% | ||
| Q2 24 | — | 8.9% | ||
| Q1 24 | — | -8.6% |
资本支出强度KOSMERC
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 6.6% | ||
| Q2 25 | — | 5.4% | ||
| Q1 25 | — | 4.0% | ||
| Q4 24 | — | 4.2% | ||
| Q3 24 | — | 5.4% | ||
| Q2 24 | — | 3.6% | ||
| Q1 24 | — | 3.3% |
现金转化率KOSMERC
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.26× | ||
| Q3 24 | 0.14× | — | ||
| Q2 24 | 3.74× | — | ||
| Q1 24 | 2.97× | — |
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
KOS
| Ghana Segment | $134.6M | 46% |
| Gulf Of America | $80.7M | 27% |
| Mauritania And Senegal | $54.9M | 19% |
| Equatorial Guinea Segment | $24.3M | 8% |
MERC
| Other | $215.3M | 48% |
| Solid Wood | $110.2M | 25% |
| Lumber | $54.9M | 12% |
| Pallets | $23.7M | 5% |
| Energyandchemicals | $18.7M | 4% |
| Manufactured Products | $14.1M | 3% |
| Biofuels | $10.0M | 2% |
| Wood Residuals | $2.6M | 1% |
