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美盛公司（MOS）与皇家加勒比集团（RCL）财务数据对比。点击上方公司名可切换其他公司
皇家加勒比集团的季度营收约是美盛公司的1.4倍（$4.3B vs $3.0B），皇家加勒比集团净利率更高（17.7% vs -17.5%，领先35.2%），皇家加勒比集团同比增速更快（13.3% vs 5.6%），皇家加勒比集团自由现金流更多（$116.0M vs $-405.7M），过去两年皇家加勒比集团的营收复合增速更高（6.9% vs 5.3%）
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。
皇家加勒比集团前身为皇家加勒比邮轮有限公司，是仅次于嘉年华公司的全球第二大邮轮运营商。集团总部位于美国佛罗里达州迈阿密，在利比里亚注册，目前全资拥有皇家加勒比国际游轮、名人邮轮、银海邮轮三大品牌，还持有途易邮轮50%的股份。
MOS vs RCL — 直观对比
营收规模更大
RCL
是对方的1.4倍
$3.0B
营收增速更快
RCL
高出7.7%
5.6%
净利率更高
RCL
高出35.2%
-17.5%
自由现金流更多
RCL
多$521.7M
$-405.7M
两年增速更快
RCL
近两年复合增速
5.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $4.3B |
| 净利润 | $-519.5M | $753.0M |
| 毛利率 | 11.5% | 47.4% |
| 营业利润率 | -3.4% | 21.9% |
| 净利率 | -17.5% | 17.7% |
| 营收同比 | 5.6% | 13.3% |
| 净利润同比 | -407.4% | 36.4% |
| 每股收益（稀释后） | $-1.63 | $2.76 |
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MOSRCL
| Q4 25 | $3.0B | $4.3B | ||
| Q3 25 | $3.5B | $5.1B | ||
| Q2 25 | $3.0B | $4.5B | ||
| Q1 25 | $2.6B | $4.0B | ||
| Q4 24 | $2.8B | $3.8B | ||
| Q3 24 | $2.8B | $4.9B | ||
| Q2 24 | $2.8B | $4.1B | ||
| Q1 24 | $2.7B | $3.7B |
净利润MOSRCL
| Q4 25 | $-519.5M | $753.0M | ||
| Q3 25 | $411.4M | $1.6B | ||
| Q2 25 | $410.7M | $1.2B | ||
| Q1 25 | $238.1M | $730.0M | ||
| Q4 24 | $169.0M | $552.0M | ||
| Q3 24 | $122.2M | $1.1B | ||
| Q2 24 | $-161.5M | $854.0M | ||
| Q1 24 | $45.2M | $360.0M |
毛利率MOSRCL
| Q4 25 | 11.5% | 47.4% | ||
| Q3 25 | 16.0% | 51.8% | ||
| Q2 25 | 17.3% | 49.7% | ||
| Q1 25 | 18.6% | 48.0% | ||
| Q4 24 | 10.7% | 45.4% | ||
| Q3 24 | 14.8% | 51.1% | ||
| Q2 24 | 14.0% | 47.6% | ||
| Q1 24 | 14.9% | 44.8% |
营业利润率MOSRCL
| Q4 25 | -3.4% | 21.9% | ||
| Q3 25 | 9.8% | 33.1% | ||
| Q2 25 | 8.1% | 29.3% | ||
| Q1 25 | 12.9% | 23.6% | ||
| Q4 24 | 3.5% | 16.6% | ||
| Q3 24 | 4.1% | 33.4% | ||
| Q2 24 | 8.3% | 26.7% | ||
| Q1 24 | 6.5% | 20.1% |
净利率MOSRCL
| Q4 25 | -17.5% | 17.7% | ||
| Q3 25 | 11.9% | 30.6% | ||
| Q2 25 | 13.7% | 26.7% | ||
| Q1 25 | 9.1% | 18.3% | ||
| Q4 24 | 6.0% | 14.7% | ||
| Q3 24 | 4.3% | 22.7% | ||
| Q2 24 | -5.7% | 20.8% | ||
| Q1 24 | 1.7% | 9.7% |
每股收益（稀释后）MOSRCL
| Q4 25 | $-1.63 | $2.76 | ||
| Q3 25 | $1.29 | $5.74 | ||
| Q2 25 | $1.29 | $4.41 | ||
| Q1 25 | $0.75 | $2.70 | ||
| Q4 24 | $0.53 | $2.27 | ||
| Q3 24 | $0.38 | $4.21 | ||
| Q2 24 | $-0.50 | $3.11 | ||
| Q1 24 | $0.14 | $1.35 |
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 | $825.0M |
| 总债务越低越好 | $4.3B | $18.2B |
| 股东权益账面价值 | $12.1B | $10.0B |
| 总资产 | $24.5B | $41.6B |
| 负债/权益比越低杠杆越低 | 0.35× | 1.81× |
8季度趋势，按日历期对齐
现金及短期投资MOSRCL
| Q4 25 | $276.6M | $825.0M | ||
| Q3 25 | $153.3M | $432.0M | ||
| Q2 25 | $286.2M | $735.0M | ||
| Q1 25 | $259.2M | $386.0M | ||
| Q4 24 | $272.8M | $388.0M | ||
| Q3 24 | $301.6M | $418.0M | ||
| Q2 24 | $322.0M | $391.0M | ||
| Q1 24 | $336.7M | $437.0M |
总债务MOSRCL
| Q4 25 | $4.3B | $18.2B | ||
| Q3 25 | $3.4B | $17.2B | ||
| Q2 25 | $3.3B | $17.6B | ||
| Q1 25 | $3.3B | $18.0B | ||
| Q4 24 | $3.3B | $18.5B | ||
| Q3 24 | $3.2B | $19.0B | ||
| Q2 24 | $3.2B | $19.8B | ||
| Q1 24 | $3.2B | $18.9B |
股东权益MOSRCL
| Q4 25 | $12.1B | $10.0B | ||
| Q3 25 | $12.8B | $10.1B | ||
| Q2 25 | $12.4B | $9.2B | ||
| Q1 25 | $11.8B | $8.0B | ||
| Q4 24 | $11.5B | $7.6B | ||
| Q3 24 | $11.8B | $7.0B | ||
| Q2 24 | $11.7B | $6.0B | ||
| Q1 24 | $12.0B | $5.2B |
总资产MOSRCL
| Q4 25 | $24.5B | $41.6B | ||
| Q3 25 | $24.7B | $40.1B | ||
| Q2 25 | $24.3B | $38.5B | ||
| Q1 25 | $23.2B | $37.5B | ||
| Q4 24 | $22.9B | $37.1B | ||
| Q3 24 | $23.3B | $37.1B | ||
| Q2 24 | $22.6B | $37.0B | ||
| Q1 24 | $22.9B | $35.2B |
负债/权益比MOSRCL
| Q4 25 | 0.35× | 1.81× | ||
| Q3 25 | 0.26× | 1.70× | ||
| Q2 25 | 0.27× | 1.92× | ||
| Q1 25 | 0.28× | 2.26× | ||
| Q4 24 | 0.29× | 2.44× | ||
| Q3 24 | 0.27× | 2.69× | ||
| Q2 24 | 0.27× | 3.29× | ||
| Q1 24 | 0.27× | 3.66× |
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 | $1.6B |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $116.0M |
| 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% | 35.4% |
| 现金转化率经营现金流/净利润 | — | 2.16× |
| 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MOSRCL
| Q4 25 | $-56.1M | $1.6B | ||
| Q3 25 | $228.5M | $1.5B | ||
| Q2 25 | $609.5M | $1.7B | ||
| Q1 25 | $42.9M | $1.6B | ||
| Q4 24 | $219.3M | $1.5B | ||
| Q3 24 | $312.9M | $897.0M | ||
| Q2 24 | $847.0M | $1.6B | ||
| Q1 24 | $-80.0M | $1.3B |
自由现金流MOSRCL
| Q4 25 | $-405.7M | $116.0M | ||
| Q3 25 | $-135.9M | $-989.0M | ||
| Q2 25 | $304.9M | $910.0M | ||
| Q1 25 | $-297.9M | $1.2B | ||
| Q4 24 | $-74.8M | $915.0M | ||
| Q3 24 | $72.1M | $563.0M | ||
| Q2 24 | $513.1M | $-567.0M | ||
| Q1 24 | $-463.0M | $1.1B |
自由现金流率MOSRCL
| Q4 25 | -13.6% | 2.7% | ||
| Q3 25 | -3.9% | -19.2% | ||
| Q2 25 | 10.1% | 20.1% | ||
| Q1 25 | -11.4% | 30.0% | ||
| Q4 24 | -2.7% | 24.3% | ||
| Q3 24 | 2.6% | 11.5% | ||
| Q2 24 | 18.2% | -13.8% | ||
| Q1 24 | -17.3% | 29.1% |
资本支出强度MOSRCL
| Q4 25 | 11.8% | 35.4% | ||
| Q3 25 | 10.6% | 47.8% | ||
| Q2 25 | 10.1% | 18.4% | ||
| Q1 25 | 13.0% | 10.7% | ||
| Q4 24 | 10.4% | 14.7% | ||
| Q3 24 | 8.6% | 6.8% | ||
| Q2 24 | 11.9% | 52.1% | ||
| Q1 24 | 14.3% | 6.5% |
现金转化率MOSRCL
| Q4 25 | — | 2.16× | ||
| Q3 25 | 0.56× | 0.93× | ||
| Q2 25 | 1.48× | 1.44× | ||
| Q1 25 | 0.18× | 2.23× | ||
| Q4 24 | 1.30× | 2.66× | ||
| Q3 24 | 2.56× | 0.81× | ||
| Q2 24 | — | 1.84× | ||
| Q1 24 | -1.77× | 3.69× |
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
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
