vs
美盛公司（MOS）与美乐棵（SMG）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美乐棵的8.4倍（$3.0B vs $354.4M）。美盛公司净利率更高（-17.5% vs -35.3%，领先17.8%）。美盛公司同比增速更快（5.6% vs -15.0%）。美乐棵自由现金流更多（$-390.4M vs $-405.7M）。过去两年美盛公司的营收复合增速更高（5.3% vs -51.8%）
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。
美乐棵公司是一家总部位于俄亥俄州马里斯维尔的美国跨国企业，其前身可追溯至1868年O.M.斯科特开始销售草种的业务。公司主营草坪养护、园艺种植、虫害防治类消费产品以及无土室内园艺设备，旗下拥有Scotts、Miracle-Gro、Ortho等知名品牌，同时在美国及中国等多个国际市场销售和分销除草剂Roundup。
MOS vs SMG — 直观对比
营收规模更大
MOS
是对方的8.4倍
$354.4M
营收增速更快
MOS
高出20.6%
-15.0%
净利率更高
MOS
高出17.8%
-35.3%
自由现金流更多
SMG
多$15.3M
$-405.7M
两年增速更快
MOS
近两年复合增速
-51.8%
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $354.4M |
| 净利润 | $-519.5M | $-125.0M |
| 毛利率 | 11.5% | 25.0% |
| 营业利润率 | -3.4% | -6.2% |
| 净利率 | -17.5% | -35.3% |
| 营收同比 | 5.6% | -15.0% |
| 净利润同比 | -407.4% | -79.9% |
| 每股收益（稀释后） | $-1.63 | $-2.16 |
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MOSSMG
| Q4 25 | $3.0B | $354.4M | ||
| Q3 25 | $3.5B | $387.3M | ||
| Q2 25 | $3.0B | $1.2B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $2.8B | $416.8M | ||
| Q3 24 | $2.8B | $414.7M | ||
| Q2 24 | $2.8B | $1.2B | ||
| Q1 24 | $2.7B | $1.5B |
净利润MOSSMG
| Q4 25 | $-519.5M | $-125.0M | ||
| Q3 25 | $411.4M | — | ||
| Q2 25 | $410.7M | $149.1M | ||
| Q1 25 | $238.1M | $217.5M | ||
| Q4 24 | $169.0M | $-69.5M | ||
| Q3 24 | $122.2M | — | ||
| Q2 24 | $-161.5M | $132.1M | ||
| Q1 24 | $45.2M | $157.5M |
毛利率MOSSMG
| Q4 25 | 11.5% | 25.0% | ||
| Q3 25 | 16.0% | 6.1% | ||
| Q2 25 | 17.3% | 31.8% | ||
| Q1 25 | 18.6% | 38.6% | ||
| Q4 24 | 10.7% | 22.7% | ||
| Q3 24 | 14.8% | -7.1% | ||
| Q2 24 | 14.0% | 29.5% | ||
| Q1 24 | 14.9% | 30.4% |
营业利润率MOSSMG
| Q4 25 | -3.4% | -6.2% | ||
| Q3 25 | 9.8% | -38.8% | ||
| Q2 25 | 8.1% | 18.1% | ||
| Q1 25 | 12.9% | 24.3% | ||
| Q4 24 | 3.5% | -12.2% | ||
| Q3 24 | 4.1% | -52.1% | ||
| Q2 24 | 8.3% | 16.6% | ||
| Q1 24 | 6.5% | 17.8% |
净利率MOSSMG
| Q4 25 | -17.5% | -35.3% | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 13.7% | 12.6% | ||
| Q1 25 | 9.1% | 15.3% | ||
| Q4 24 | 6.0% | -16.7% | ||
| Q3 24 | 4.3% | — | ||
| Q2 24 | -5.7% | 11.0% | ||
| Q1 24 | 1.7% | 10.3% |
每股收益（稀释后）MOSSMG
| Q4 25 | $-1.63 | $-2.16 | ||
| Q3 25 | $1.29 | $-2.58 | ||
| Q2 25 | $1.29 | $2.54 | ||
| Q1 25 | $0.75 | $3.72 | ||
| Q4 24 | $0.53 | $-1.21 | ||
| Q3 24 | $0.38 | $-4.21 | ||
| Q2 24 | $-0.50 | $2.28 | ||
| Q1 24 | $0.14 | $2.74 |
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 | $8.3M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $12.1B | $-500.6M |
| 总资产 | $24.5B | $3.0B |
| 负债/权益比越低杠杆越低 | 0.35× | — |
8季度趋势，按日历期对齐
现金及短期投资MOSSMG
| Q4 25 | $276.6M | $8.3M | ||
| Q3 25 | $153.3M | $36.6M | ||
| Q2 25 | $286.2M | $51.1M | ||
| Q1 25 | $259.2M | $16.9M | ||
| Q4 24 | $272.8M | $9.8M | ||
| Q3 24 | $301.6M | $71.6M | ||
| Q2 24 | $322.0M | $279.9M | ||
| Q1 24 | $336.7M | $65.1M |
总债务MOSSMG
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.4B | $2.1B | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.2B | $2.2B | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.2B | — |
股东权益MOSSMG
| Q4 25 | $12.1B | $-500.6M | ||
| Q3 25 | $12.8B | $-357.5M | ||
| Q2 25 | $12.4B | $-170.9M | ||
| Q1 25 | $11.8B | $-290.1M | ||
| Q4 24 | $11.5B | $-479.5M | ||
| Q3 24 | $11.8B | $-390.6M | ||
| Q2 24 | $11.7B | $-146.2M | ||
| Q1 24 | $12.0B | $-250.9M |
总资产MOSSMG
| Q4 25 | $24.5B | $3.0B | ||
| Q3 25 | $24.7B | $2.7B | ||
| Q2 25 | $24.3B | $3.1B | ||
| Q1 25 | $23.2B | $3.5B | ||
| Q4 24 | $22.9B | $3.2B | ||
| Q3 24 | $23.3B | $2.9B | ||
| Q2 24 | $22.6B | $3.5B | ||
| Q1 24 | $22.9B | $3.9B |
负债/权益比MOSSMG
| Q4 25 | 0.35× | — | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 0.27× | — | ||
| Q1 25 | 0.28× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 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 | $-56.1M | $-370.4M |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $-390.4M |
| 自由现金流率自由现金流/营收 | -13.6% | -110.2% |
| 资本支出强度资本支出/营收 | 11.8% | 5.6% |
| 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 | $-534.6M | $358.1M |
8季度趋势，按日历期对齐
经营现金流MOSSMG
| Q4 25 | $-56.1M | $-370.4M | ||
| Q3 25 | $228.5M | $174.1M | ||
| Q2 25 | $609.5M | $454.4M | ||
| Q1 25 | $42.9M | $188.1M | ||
| Q4 24 | $219.3M | $-445.3M | ||
| Q3 24 | $312.9M | $118.5M | ||
| Q2 24 | $847.0M | $588.0M | ||
| Q1 24 | $-80.0M | $304.2M |
自由现金流MOSSMG
| Q4 25 | $-405.7M | $-390.4M | ||
| Q3 25 | $-135.9M | $131.2M | ||
| Q2 25 | $304.9M | $437.5M | ||
| Q1 25 | $-297.9M | $179.8M | ||
| Q4 24 | $-74.8M | $-474.6M | ||
| Q3 24 | $72.1M | $101.9M | ||
| Q2 24 | $513.1M | $574.8M | ||
| Q1 24 | $-463.0M | $287.9M |
自由现金流率MOSSMG
| Q4 25 | -13.6% | -110.2% | ||
| Q3 25 | -3.9% | 33.9% | ||
| Q2 25 | 10.1% | 36.8% | ||
| Q1 25 | -11.4% | 12.7% | ||
| Q4 24 | -2.7% | -113.9% | ||
| Q3 24 | 2.6% | 24.6% | ||
| Q2 24 | 18.2% | 47.8% | ||
| Q1 24 | -17.3% | 18.9% |
资本支出强度MOSSMG
| Q4 25 | 11.8% | 5.6% | ||
| Q3 25 | 10.6% | 11.1% | ||
| Q2 25 | 10.1% | 1.4% | ||
| Q1 25 | 13.0% | 0.6% | ||
| Q4 24 | 10.4% | 7.0% | ||
| Q3 24 | 8.6% | 4.0% | ||
| Q2 24 | 11.9% | 1.1% | ||
| Q1 24 | 14.3% | 1.1% |
现金转化率MOSSMG
| Q4 25 | — | — | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 1.48× | 3.05× | ||
| Q1 25 | 0.18× | 0.86× | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 2.56× | — | ||
| Q2 24 | — | 4.45× | ||
| Q1 24 | -1.77× | 1.93× |
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
SMG
| Growing Media And Mulch | $111.5M | 31% |
| Lawn Care | $109.5M | 31% |
| Controls | $59.8M | 17% |
| Other Products Primarily Gardening | $23.9M | 7% |
| Restated Marketing Agreement | $19.4M | 5% |
| Growingmedia | $12.6M | 4% |
| Otherprimarilygardeningandcontrols | $10.2M | 3% |
| Other | $7.5M | 2% |
