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美盛公司（MOS）与Murphy USA Inc.（MUSA）财务数据对比。点击上方公司名可切换其他公司
Murphy USA Inc.的季度营收约是美盛公司的1.6倍（$4.7B vs $3.0B），Murphy USA Inc.净利率更高（3.0% vs -17.5%，领先20.5%），美盛公司同比增速更快（5.6% vs 0.7%），Murphy USA Inc.自由现金流更多（$128.8M vs $-405.7M），过去两年美盛公司的营收复合增速更高（5.3% vs -1.0%）
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。
墨菲美国是总部位于美国阿肯色州埃尔多拉多的企业，2013年由墨菲石油分拆后独立运营，主营连锁零售加油站业务，旗下站点大多毗邻沃尔玛门店开设，为消费者提供燃油及配套零售服务。
MOS vs MUSA — 直观对比
营收规模更大
MUSA
是对方的1.6倍
$3.0B
营收增速更快
MOS
高出4.9%
0.7%
净利率更高
MUSA
高出20.5%
-17.5%
自由现金流更多
MUSA
多$534.5M
$-405.7M
两年增速更快
MOS
近两年复合增速
-1.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $4.7B |
| 净利润 | $-519.5M | $141.9M |
| 毛利率 | 11.5% | — |
| 营业利润率 | -3.4% | 4.4% |
| 净利率 | -17.5% | 3.0% |
| 营收同比 | 5.6% | 0.7% |
| 净利润同比 | -407.4% | -0.4% |
| 每股收益（稀释后） | $-1.63 | $7.35 |
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MOSMUSA
| Q4 25 | $3.0B | $4.7B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.0B | $5.0B | ||
| Q1 25 | $2.6B | $4.5B | ||
| Q4 24 | $2.8B | $4.7B | ||
| Q3 24 | $2.8B | $5.2B | ||
| Q2 24 | $2.8B | $5.5B | ||
| Q1 24 | $2.7B | $4.8B |
净利润MOSMUSA
| Q4 25 | $-519.5M | $141.9M | ||
| Q3 25 | $411.4M | $129.9M | ||
| Q2 25 | $410.7M | $145.6M | ||
| Q1 25 | $238.1M | $53.2M | ||
| Q4 24 | $169.0M | $142.5M | ||
| Q3 24 | $122.2M | $149.2M | ||
| Q2 24 | $-161.5M | $144.8M | ||
| Q1 24 | $45.2M | $66.0M |
毛利率MOSMUSA
| 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MOSMUSA
| Q4 25 | -3.4% | 4.4% | ||
| Q3 25 | 9.8% | 3.9% | ||
| Q2 25 | 8.1% | 4.4% | ||
| Q1 25 | 12.9% | 1.9% | ||
| Q4 24 | 3.5% | 4.2% | ||
| Q3 24 | 4.1% | 4.2% | ||
| Q2 24 | 8.3% | 4.0% | ||
| Q1 24 | 6.5% | 2.2% |
净利率MOSMUSA
| Q4 25 | -17.5% | 3.0% | ||
| Q3 25 | 11.9% | 2.5% | ||
| Q2 25 | 13.7% | 2.9% | ||
| Q1 25 | 9.1% | 1.2% | ||
| Q4 24 | 6.0% | 3.0% | ||
| Q3 24 | 4.3% | 2.8% | ||
| Q2 24 | -5.7% | 2.7% | ||
| Q1 24 | 1.7% | 1.4% |
每股收益（稀释后）MOSMUSA
| Q4 25 | $-1.63 | $7.35 | ||
| Q3 25 | $1.29 | $6.76 | ||
| Q2 25 | $1.29 | $7.36 | ||
| Q1 25 | $0.75 | $2.63 | ||
| Q4 24 | $0.53 | $6.87 | ||
| Q3 24 | $0.38 | $7.20 | ||
| Q2 24 | $-0.50 | $6.92 | ||
| Q1 24 | $0.14 | $3.12 |
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 | $276.6M | $28.9M |
| 总债务越低越好 | $4.3B | $2.2B |
| 股东权益账面价值 | $12.1B | $623.5M |
| 总资产 | $24.5B | $4.7B |
| 负债/权益比越低杠杆越低 | 0.35× | 3.47× |
8季度趋势，按日历期对齐
现金及短期投资MOSMUSA
| Q4 25 | $276.6M | $28.9M | ||
| Q3 25 | $153.3M | $42.8M | ||
| Q2 25 | $286.2M | $54.1M | ||
| Q1 25 | $259.2M | $49.4M | ||
| Q4 24 | $272.8M | $47.0M | ||
| Q3 24 | $301.6M | $52.5M | ||
| Q2 24 | $322.0M | $79.8M | ||
| Q1 24 | $336.7M | $56.7M |
总债务MOSMUSA
| Q4 25 | $4.3B | $2.2B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.3B | $2.0B | ||
| Q4 24 | $3.3B | $1.8B | ||
| Q3 24 | $3.2B | $1.8B | ||
| Q2 24 | $3.2B | $1.8B | ||
| Q1 24 | $3.2B | $1.8B |
股东权益MOSMUSA
| Q4 25 | $12.1B | $623.5M | ||
| Q3 25 | $12.8B | $546.0M | ||
| Q2 25 | $12.4B | $646.1M | ||
| Q1 25 | $11.8B | $719.6M | ||
| Q4 24 | $11.5B | $840.1M | ||
| Q3 24 | $11.8B | $830.1M | ||
| Q2 24 | $11.7B | $811.3M | ||
| Q1 24 | $12.0B | $781.6M |
总资产MOSMUSA
| Q4 25 | $24.5B | $4.7B | ||
| Q3 25 | $24.7B | $4.7B | ||
| Q2 25 | $24.3B | $4.6B | ||
| Q1 25 | $23.2B | $4.5B | ||
| Q4 24 | $22.9B | $4.5B | ||
| Q3 24 | $23.3B | $4.4B | ||
| Q2 24 | $22.6B | $4.4B | ||
| Q1 24 | $22.9B | $4.3B |
负债/权益比MOSMUSA
| Q4 25 | 0.35× | 3.47× | ||
| Q3 25 | 0.26× | 4.07× | ||
| Q2 25 | 0.27× | 3.20× | ||
| Q1 25 | 0.28× | 2.74× | ||
| Q4 24 | 0.29× | 2.18× | ||
| Q3 24 | 0.27× | 2.19× | ||
| Q2 24 | 0.27× | 2.20× | ||
| Q1 24 | 0.27× | 2.28× |
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 | $-56.1M | $245.5M |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $128.8M |
| 自由现金流率自由现金流/营收 | -13.6% | 2.7% |
| 资本支出强度资本支出/营收 | 11.8% | 2.5% |
| 现金转化率经营现金流/净利润 | — | 1.73× |
| 过去12个月自由现金流最近4个季度 | $-534.6M | $374.3M |
8季度趋势，按日历期对齐
经营现金流MOSMUSA
| Q4 25 | $-56.1M | $245.5M | ||
| Q3 25 | $228.5M | $184.8M | ||
| Q2 25 | $609.5M | $255.1M | ||
| Q1 25 | $42.9M | $128.5M | ||
| Q4 24 | $219.3M | $248.7M | ||
| Q3 24 | $312.9M | $202.1M | ||
| Q2 24 | $847.0M | $260.8M | ||
| Q1 24 | $-80.0M | $136.0M |
自由现金流MOSMUSA
| Q4 25 | $-405.7M | $128.8M | ||
| Q3 25 | $-135.9M | $67.7M | ||
| Q2 25 | $304.9M | $137.1M | ||
| Q1 25 | $-297.9M | $40.7M | ||
| Q4 24 | $-74.8M | $121.7M | ||
| Q3 24 | $72.1M | $65.2M | ||
| Q2 24 | $513.1M | $142.8M | ||
| Q1 24 | $-463.0M | $59.8M |
自由现金流率MOSMUSA
| Q4 25 | -13.6% | 2.7% | ||
| Q3 25 | -3.9% | 1.3% | ||
| Q2 25 | 10.1% | 2.7% | ||
| Q1 25 | -11.4% | 0.9% | ||
| Q4 24 | -2.7% | 2.6% | ||
| Q3 24 | 2.6% | 1.2% | ||
| Q2 24 | 18.2% | 2.6% | ||
| Q1 24 | -17.3% | 1.2% |
资本支出强度MOSMUSA
| Q4 25 | 11.8% | 2.5% | ||
| Q3 25 | 10.6% | 2.3% | ||
| Q2 25 | 10.1% | 2.4% | ||
| Q1 25 | 13.0% | 1.9% | ||
| Q4 24 | 10.4% | 2.7% | ||
| Q3 24 | 8.6% | 2.6% | ||
| Q2 24 | 11.9% | 2.2% | ||
| Q1 24 | 14.3% | 1.6% |
现金转化率MOSMUSA
| Q4 25 | — | 1.73× | ||
| Q3 25 | 0.56× | 1.42× | ||
| Q2 25 | 1.48× | 1.75× | ||
| Q1 25 | 0.18× | 2.42× | ||
| Q4 24 | 1.30× | 1.75× | ||
| Q3 24 | 2.56× | 1.35× | ||
| Q2 24 | — | 1.80× | ||
| Q1 24 | -1.77× | 2.06× |
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
MOS
暂无分部数据
MUSA
| Product Sales Petroleum Retail | $3.3B | 69% |
| Merchandise | $1.1B | 23% |
| Product Sales Petroleum Wholesale | $327.9M | 7% |
| Other | $57.0M | 1% |
| Renewable Identification Numbers | $55.3M | 1% |
| Revenue Other | $1.3M | 0% |
