vs
美盛公司（MOS）与Tennessee Valley Authority（TVE）财务数据对比。点击上方公司名可切换其他公司
Tennessee Valley Authority的季度营收约是美盛公司的1.0倍（$3.0B vs $3.0B），Tennessee Valley Authority净利率更高（8.7% vs -17.5%，领先26.2%），美盛公司同比增速更快（5.6% vs 4.4%），美盛公司自由现金流更多（$-405.7M vs $-814.0M），过去两年美盛公司的营收复合增速更高（5.3% vs -1.7%）
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。
田纳西河流域管理局（TVA）是美国联邦政府所有的电力公用事业企业，服务范围覆盖田纳西州全境，以及阿拉巴马州、密西西比州、肯塔基州的部分区域，还涵盖佐治亚州、北卡罗来纳州、弗吉尼亚州的小块区域。该企业虽归属联邦政府，但不依赖纳税人资金运营，运营模式与私营盈利企业类似，总部位于田纳西州诺克斯维尔。
MOS vs TVE — 直观对比
营收规模更大
TVE
是对方的1.0倍
$3.0B
营收增速更快
MOS
高出1.2%
4.4%
净利率更高
TVE
高出26.2%
-17.5%
自由现金流更多
MOS
多$408.3M
$-814.0M
两年增速更快
MOS
近两年复合增速
-1.7%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $3.0B |
| 净利润 | $-519.5M | $266.0M |
| 毛利率 | 11.5% | — |
| 营业利润率 | -3.4% | 18.1% |
| 净利率 | -17.5% | 8.7% |
| 营收同比 | 5.6% | 4.4% |
| 净利润同比 | -407.4% | 112.8% |
| 每股收益（稀释后） | $-1.63 | — |
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MOSTVE
| Q4 25 | $3.0B | $3.0B | ||
| Q3 25 | $3.5B | $3.9B | ||
| Q2 25 | $3.0B | $3.3B | ||
| Q1 25 | $2.6B | $3.5B | ||
| Q4 24 | $2.8B | $2.9B | ||
| Q3 24 | $2.8B | $3.5B | ||
| Q2 24 | $2.8B | $2.9B | ||
| Q1 24 | $2.7B | $3.2B |
净利润MOSTVE
| Q4 25 | $-519.5M | $266.0M | ||
| Q3 25 | $411.4M | $615.0M | ||
| Q2 25 | $410.7M | $212.0M | ||
| Q1 25 | $238.1M | $408.0M | ||
| Q4 24 | $169.0M | $125.0M | ||
| Q3 24 | $122.2M | $520.0M | ||
| Q2 24 | $-161.5M | $181.0M | ||
| Q1 24 | $45.2M | $307.0M |
毛利率MOSTVE
| 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MOSTVE
| Q4 25 | -3.4% | 18.1% | ||
| Q3 25 | 9.8% | 23.6% | ||
| Q2 25 | 8.1% | 15.6% | ||
| Q1 25 | 12.9% | 20.3% | ||
| Q4 24 | 3.5% | 14.1% | ||
| Q3 24 | 4.1% | 22.7% | ||
| Q2 24 | 8.3% | 15.9% | ||
| Q1 24 | 6.5% | 18.4% |
净利率MOSTVE
| Q4 25 | -17.5% | 8.7% | ||
| Q3 25 | 11.9% | 15.7% | ||
| Q2 25 | 13.7% | 6.4% | ||
| Q1 25 | 9.1% | 11.6% | ||
| Q4 24 | 6.0% | 4.3% | ||
| Q3 24 | 4.3% | 14.8% | ||
| Q2 24 | -5.7% | 6.3% | ||
| Q1 24 | 1.7% | 9.7% |
每股收益（稀释后）MOSTVE
| Q4 25 | $-1.63 | — | ||
| Q3 25 | $1.29 | — | ||
| Q2 25 | $1.29 | — | ||
| Q1 25 | $0.75 | — | ||
| Q4 24 | $0.53 | — | ||
| Q3 24 | $0.38 | — | ||
| Q2 24 | $-0.50 | — | ||
| Q1 24 | $0.14 | — |
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 | $501.0M |
| 总债务越低越好 | $4.3B | — |
| 股东权益账面价值 | $12.1B | — |
| 总资产 | $24.5B | $59.5B |
| 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MOSTVE
| Q4 25 | $276.6M | $501.0M | ||
| Q3 25 | $153.3M | $1.6B | ||
| Q2 25 | $286.2M | $501.0M | ||
| Q1 25 | $259.2M | $502.0M | ||
| Q4 24 | $272.8M | $507.0M | ||
| Q3 24 | $301.6M | $502.0M | ||
| Q2 24 | $322.0M | $501.0M | ||
| Q1 24 | $336.7M | $508.0M |
总债务MOSTVE
| Q4 25 | $4.3B | — | ||
| Q3 25 | $3.4B | $22.1B | ||
| Q2 25 | $3.3B | — | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.3B | — | ||
| Q3 24 | $3.2B | $19.1B | ||
| Q2 24 | $3.2B | — | ||
| Q1 24 | $3.2B | — |
股东权益MOSTVE
| Q4 25 | $12.1B | — | ||
| Q3 25 | $12.8B | — | ||
| Q2 25 | $12.4B | — | ||
| Q1 25 | $11.8B | — | ||
| Q4 24 | $11.5B | — | ||
| Q3 24 | $11.8B | — | ||
| Q2 24 | $11.7B | — | ||
| Q1 24 | $12.0B | — |
总资产MOSTVE
| Q4 25 | $24.5B | $59.5B | ||
| Q3 25 | $24.7B | $60.9B | ||
| Q2 25 | $24.3B | $59.9B | ||
| Q1 25 | $23.2B | $59.3B | ||
| Q4 24 | $22.9B | $58.4B | ||
| Q3 24 | $23.3B | $57.7B | ||
| Q2 24 | $22.6B | $56.2B | ||
| Q1 24 | $22.9B | $52.3B |
负债/权益比MOSTVE
| 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 | $330.0M |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $-814.0M |
| 自由现金流率自由现金流/营收 | -13.6% | -26.7% |
| 资本支出强度资本支出/营收 | 11.8% | 37.5% |
| 现金转化率经营现金流/净利润 | — | 1.24× |
| 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MOSTVE
| Q4 25 | $-56.1M | $330.0M | ||
| Q3 25 | $228.5M | $1.2B | ||
| Q2 25 | $609.5M | $615.0M | ||
| Q1 25 | $42.9M | $1.0B | ||
| Q4 24 | $219.3M | $450.0M | ||
| Q3 24 | $312.9M | $1.1B | ||
| Q2 24 | $847.0M | $508.0M | ||
| Q1 24 | $-80.0M | $1.0B |
自由现金流MOSTVE
| Q4 25 | $-405.7M | $-814.0M | ||
| Q3 25 | $-135.9M | $233.0M | ||
| Q2 25 | $304.9M | $-431.0M | ||
| Q1 25 | $-297.9M | $-176.0M | ||
| Q4 24 | $-74.8M | $-759.0M | ||
| Q3 24 | $72.1M | $164.0M | ||
| Q2 24 | $513.1M | $-248.0M | ||
| Q1 24 | $-463.0M | $276.0M |
自由现金流率MOSTVE
| Q4 25 | -13.6% | -26.7% | ||
| Q3 25 | -3.9% | 6.0% | ||
| Q2 25 | 10.1% | -13.0% | ||
| Q1 25 | -11.4% | -5.0% | ||
| Q4 24 | -2.7% | -26.0% | ||
| Q3 24 | 2.6% | 4.7% | ||
| Q2 24 | 18.2% | -8.6% | ||
| Q1 24 | -17.3% | 8.8% |
资本支出强度MOSTVE
| Q4 25 | 11.8% | 37.5% | ||
| Q3 25 | 10.6% | 25.9% | ||
| Q2 25 | 10.1% | 31.6% | ||
| Q1 25 | 13.0% | 33.6% | ||
| Q4 24 | 10.4% | 41.4% | ||
| Q3 24 | 8.6% | 25.6% | ||
| Q2 24 | 11.9% | 26.3% | ||
| Q1 24 | 14.3% | 24.2% |
现金转化率MOSTVE
| Q4 25 | — | 1.24× | ||
| Q3 25 | 0.56× | 2.03× | ||
| Q2 25 | 1.48× | 2.90× | ||
| Q1 25 | 0.18× | 2.48× | ||
| Q4 24 | 1.30× | 3.60× | ||
| Q3 24 | 2.56× | 2.05× | ||
| Q2 24 | — | 2.81× | ||
| Q1 24 | -1.77× | 3.38× |
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
TVE
| TN | $2.0B | 65% |
| AL | $449.0M | 15% |
| MS | $266.0M | 9% |
| KY | $193.0M | 6% |
| GA | $75.0M | 2% |
| Federal Agencies And Other | $29.0M | 1% |
| NC | $23.0M | 1% |
| VA | $12.0M | 0% |
| Off System Sales Member | $2.0M | 0% |
