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美盛公司（MOS）与诺唯真游轮控股（NCLH）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诺唯真游轮控股的1.3倍（$3.0B vs $2.2B），诺唯真游轮控股净利率更高（0.6% vs -17.5%，领先18.1%），诺唯真游轮控股同比增速更快（6.4% vs 5.6%），诺唯真游轮控股自由现金流更多（$21.5M vs $-405.7M），过去两年美盛公司的营收复合增速更高（5.3% vs 1.2%）
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。
诺唯真游轮（NCL）1966年创立于挪威，为美国知名游轮运营商，总部设于佛罗里达州迈阿密-戴德县，注册地为巴哈马，由诺唯真游轮控股全资持有。按载客量计算，该品牌为全球第四大游轮公司，2021年占全球游轮市场载客量份额约8.6%。
MOS vs NCLH — 直观对比
营收规模更大
MOS
是对方的1.3倍
$2.2B
营收增速更快
NCLH
高出0.8%
5.6%
净利率更高
NCLH
高出18.1%
-17.5%
自由现金流更多
NCLH
多$427.2M
$-405.7M
两年增速更快
MOS
近两年复合增速
1.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $2.2B |
| 净利润 | $-519.5M | $14.3M |
| 毛利率 | 11.5% | 41.0% |
| 营业利润率 | -3.4% | 8.3% |
| 净利率 | -17.5% | 0.6% |
| 营收同比 | 5.6% | 6.4% |
| 净利润同比 | -407.4% | -94.4% |
| 每股收益（稀释后） | $-1.63 | $0.08 |
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MOSNCLH
| Q4 25 | $3.0B | $2.2B | ||
| Q3 25 | $3.5B | $2.9B | ||
| Q2 25 | $3.0B | $2.5B | ||
| Q1 25 | $2.6B | $2.1B | ||
| Q4 24 | $2.8B | $2.1B | ||
| Q3 24 | $2.8B | $2.8B | ||
| Q2 24 | $2.8B | $2.4B | ||
| Q1 24 | $2.7B | $2.2B |
净利润MOSNCLH
| Q4 25 | $-519.5M | $14.3M | ||
| Q3 25 | $411.4M | $419.3M | ||
| Q2 25 | $410.7M | $30.0M | ||
| Q1 25 | $238.1M | $-40.3M | ||
| Q4 24 | $169.0M | $254.5M | ||
| Q3 24 | $122.2M | $474.9M | ||
| Q2 24 | $-161.5M | $163.4M | ||
| Q1 24 | $45.2M | $17.4M |
毛利率MOSNCLH
| Q4 25 | 11.5% | 41.0% | ||
| Q3 25 | 16.0% | 47.1% | ||
| Q2 25 | 17.3% | 42.1% | ||
| Q1 25 | 18.6% | 38.7% | ||
| Q4 24 | 10.7% | 38.0% | ||
| Q3 24 | 14.8% | 45.2% | ||
| Q2 24 | 14.0% | 38.7% | ||
| Q1 24 | 14.9% | 36.7% |
营业利润率MOSNCLH
| Q4 25 | -3.4% | 8.3% | ||
| Q3 25 | 9.8% | 25.5% | ||
| Q2 25 | 8.1% | 16.8% | ||
| Q1 25 | 12.9% | 9.4% | ||
| Q4 24 | 3.5% | 10.2% | ||
| Q3 24 | 4.1% | 24.6% | ||
| Q2 24 | 8.3% | 14.4% | ||
| Q1 24 | 6.5% | 10.0% |
净利率MOSNCLH
| Q4 25 | -17.5% | 0.6% | ||
| Q3 25 | 11.9% | 14.3% | ||
| Q2 25 | 13.7% | 1.2% | ||
| Q1 25 | 9.1% | -1.9% | ||
| Q4 24 | 6.0% | 12.1% | ||
| Q3 24 | 4.3% | 16.9% | ||
| Q2 24 | -5.7% | 6.9% | ||
| Q1 24 | 1.7% | 0.8% |
每股收益（稀释后）MOSNCLH
| Q4 25 | $-1.63 | $0.08 | ||
| Q3 25 | $1.29 | $0.86 | ||
| Q2 25 | $1.29 | $0.07 | ||
| Q1 25 | $0.75 | $-0.09 | ||
| Q4 24 | $0.53 | $0.55 | ||
| Q3 24 | $0.38 | $0.95 | ||
| Q2 24 | $-0.50 | $0.35 | ||
| Q1 24 | $0.14 | $0.04 |
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 | $209.9M |
| 总债务越低越好 | $4.3B | $13.7B |
| 股东权益账面价值 | $12.1B | $2.2B |
| 总资产 | $24.5B | $22.5B |
| 负债/权益比越低杠杆越低 | 0.35× | 6.21× |
8季度趋势，按日历期对齐
现金及短期投资MOSNCLH
| Q4 25 | $276.6M | $209.9M | ||
| Q3 25 | $153.3M | $166.8M | ||
| Q2 25 | $286.2M | $184.0M | ||
| Q1 25 | $259.2M | $184.4M | ||
| Q4 24 | $272.8M | $190.8M | ||
| Q3 24 | $301.6M | $332.5M | ||
| Q2 24 | $322.0M | $594.1M | ||
| Q1 24 | $336.7M | $559.8M |
总债务MOSNCLH
| Q4 25 | $4.3B | $13.7B | ||
| Q3 25 | $3.4B | $13.6B | ||
| Q2 25 | $3.3B | $12.6B | ||
| Q1 25 | $3.3B | $12.9B | ||
| Q4 24 | $3.3B | $11.8B | ||
| Q3 24 | $3.2B | $11.8B | ||
| Q2 24 | $3.2B | $11.9B | ||
| Q1 24 | $3.2B | $12.0B |
股东权益MOSNCLH
| Q4 25 | $12.1B | $2.2B | ||
| Q3 25 | $12.8B | $2.2B | ||
| Q2 25 | $12.4B | $1.6B | ||
| Q1 25 | $11.8B | $1.4B | ||
| Q4 24 | $11.5B | $1.4B | ||
| Q3 24 | $11.8B | $1.1B | ||
| Q2 24 | $11.7B | $693.1M | ||
| Q1 24 | $12.0B | $362.1M |
总资产MOSNCLH
| Q4 25 | $24.5B | $22.5B | ||
| Q3 25 | $24.7B | $22.2B | ||
| Q2 25 | $24.3B | $21.6B | ||
| Q1 25 | $23.2B | $21.4B | ||
| Q4 24 | $22.9B | $20.0B | ||
| Q3 24 | $23.3B | $19.8B | ||
| Q2 24 | $22.6B | $20.1B | ||
| Q1 24 | $22.9B | $19.8B |
负债/权益比MOSNCLH
| Q4 25 | 0.35× | 6.21× | ||
| Q3 25 | 0.26× | 6.22× | ||
| Q2 25 | 0.27× | 8.05× | ||
| Q1 25 | 0.28× | 9.09× | ||
| Q4 24 | 0.29× | 8.26× | ||
| Q3 24 | 0.27× | 10.35× | ||
| Q2 24 | 0.27× | 17.19× | ||
| Q1 24 | 0.27× | 33.16× |
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 | $459.1M |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $21.5M |
| 自由现金流率自由现金流/营收 | -13.6% | 1.0% |
| 资本支出强度资本支出/营收 | 11.8% | 19.5% |
| 现金转化率经营现金流/净利润 | — | 32.21× |
| 过去12个月自由现金流最近4个季度 | $-534.6M | $-1.2B |
8季度趋势，按日历期对齐
经营现金流MOSNCLH
| Q4 25 | $-56.1M | $459.1M | ||
| Q3 25 | $228.5M | $236.6M | ||
| Q2 25 | $609.5M | $714.9M | ||
| Q1 25 | $42.9M | $679.2M | ||
| Q4 24 | $219.3M | $399.3M | ||
| Q3 24 | $312.9M | $172.5M | ||
| Q2 24 | $847.0M | $670.9M | ||
| Q1 24 | $-80.0M | $807.2M |
自由现金流MOSNCLH
| Q4 25 | $-405.7M | $21.5M | ||
| Q3 25 | $-135.9M | $-726.5M | ||
| Q2 25 | $304.9M | $381.2M | ||
| Q1 25 | $-297.9M | $-846.0M | ||
| Q4 24 | $-74.8M | $155.8M | ||
| Q3 24 | $72.1M | $-195.5M | ||
| Q2 24 | $513.1M | $330.2M | ||
| Q1 24 | $-463.0M | $548.3M |
自由现金流率MOSNCLH
| Q4 25 | -13.6% | 1.0% | ||
| Q3 25 | -3.9% | -24.7% | ||
| Q2 25 | 10.1% | 15.1% | ||
| Q1 25 | -11.4% | -39.8% | ||
| Q4 24 | -2.7% | 7.4% | ||
| Q3 24 | 2.6% | -7.0% | ||
| Q2 24 | 18.2% | 13.9% | ||
| Q1 24 | -17.3% | 25.0% |
资本支出强度MOSNCLH
| Q4 25 | 11.8% | 19.5% | ||
| Q3 25 | 10.6% | 32.8% | ||
| Q2 25 | 10.1% | 13.3% | ||
| Q1 25 | 13.0% | 71.7% | ||
| Q4 24 | 10.4% | 11.5% | ||
| Q3 24 | 8.6% | 13.1% | ||
| Q2 24 | 11.9% | 14.4% | ||
| Q1 24 | 14.3% | 11.8% |
现金转化率MOSNCLH
| Q4 25 | — | 32.21× | ||
| Q3 25 | 0.56× | 0.56× | ||
| Q2 25 | 1.48× | 23.83× | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 1.30× | 1.57× | ||
| Q3 24 | 2.56× | 0.36× | ||
| Q2 24 | — | 4.10× | ||
| Q1 24 | -1.77× | 46.51× |
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
NCLH
| Passenger | $1.5B | 67% |
| Onboard And Other | $734.4M | 33% |
