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美盛公司（MOS）与西湖化学（WLK）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西湖化学的1.2倍（$3.0B vs $2.5B），美盛公司净利率更高（-17.5% vs -21.5%，领先4.0%），美盛公司同比增速更快（5.6% vs -10.9%），西湖化学自由现金流更多（$-16.0M vs $-405.7M），过去两年美盛公司的营收复合增速更高（5.3% vs -7.7%）
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。
西湖化学是国际知名的石化产品、聚合物及装配式建筑产品生产商与供应商，产品广泛应用于各类消费及工业市场。公司1986年由赵廷箴创立，是美国最大的低密度聚乙烯生产商，位列福布斯全球2000强，业务分为烯烃和乙烯基两大板块，具备乙烯基产品下游一体化生产能力。
MOS vs WLK — 直观对比
营收规模更大
MOS
是对方的1.2倍
$2.5B
营收增速更快
MOS
高出16.5%
-10.9%
净利率更高
MOS
高出4.0%
-21.5%
自由现金流更多
WLK
多$389.7M
$-405.7M
两年增速更快
MOS
近两年复合增速
-7.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.0B | $2.5B |
| 净利润 | $-519.5M | $-544.0M |
| 毛利率 | 11.5% | 3.4% |
| 营业利润率 | -3.4% | -26.5% |
| 净利率 | -17.5% | -21.5% |
| 营收同比 | 5.6% | -10.9% |
| 净利润同比 | -407.4% | -7871.4% |
| 每股收益（稀释后） | $-1.63 | $-4.22 |
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MOSWLK
| Q4 25 | $3.0B | $2.5B | ||
| Q3 25 | $3.5B | $2.8B | ||
| Q2 25 | $3.0B | $3.0B | ||
| Q1 25 | $2.6B | $2.8B | ||
| Q4 24 | $2.8B | $2.8B | ||
| Q3 24 | $2.8B | $3.1B | ||
| Q2 24 | $2.8B | $3.2B | ||
| Q1 24 | $2.7B | $3.0B |
净利润MOSWLK
| Q4 25 | $-519.5M | $-544.0M | ||
| Q3 25 | $411.4M | $-782.0M | ||
| Q2 25 | $410.7M | $-142.0M | ||
| Q1 25 | $238.1M | $-40.0M | ||
| Q4 24 | $169.0M | $7.0M | ||
| Q3 24 | $122.2M | $108.0M | ||
| Q2 24 | $-161.5M | $313.0M | ||
| Q1 24 | $45.2M | $174.0M |
毛利率MOSWLK
| Q4 25 | 11.5% | 3.4% | ||
| Q3 25 | 16.0% | 8.3% | ||
| Q2 25 | 17.3% | 8.7% | ||
| Q1 25 | 18.6% | 8.2% | ||
| Q4 24 | 10.7% | 11.5% | ||
| Q3 24 | 14.8% | 16.0% | ||
| Q2 24 | 14.0% | 20.7% | ||
| Q1 24 | 14.9% | 15.7% |
营业利润率MOSWLK
| Q4 25 | -3.4% | -26.5% | ||
| Q3 25 | 9.8% | -27.0% | ||
| Q2 25 | 8.1% | -3.7% | ||
| Q1 25 | 12.9% | -1.1% | ||
| Q4 24 | 3.5% | 2.3% | ||
| Q3 24 | 4.1% | 5.8% | ||
| Q2 24 | 8.3% | 12.7% | ||
| Q1 24 | 6.5% | 7.5% |
净利率MOSWLK
| Q4 25 | -17.5% | -21.5% | ||
| Q3 25 | 11.9% | -27.6% | ||
| Q2 25 | 13.7% | -4.8% | ||
| Q1 25 | 9.1% | -1.4% | ||
| Q4 24 | 6.0% | 0.2% | ||
| Q3 24 | 4.3% | 3.5% | ||
| Q2 24 | -5.7% | 9.8% | ||
| Q1 24 | 1.7% | 5.8% |
每股收益（稀释后）MOSWLK
| Q4 25 | $-1.63 | $-4.22 | ||
| Q3 25 | $1.29 | $-6.06 | ||
| Q2 25 | $1.29 | $-1.11 | ||
| Q1 25 | $0.75 | $-0.31 | ||
| Q4 24 | $0.53 | $0.07 | ||
| Q3 24 | $0.38 | $0.83 | ||
| Q2 24 | $-0.50 | $2.40 | ||
| Q1 24 | $0.14 | $1.34 |
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 | $2.7B |
| 总债务越低越好 | $4.3B | $5.6B |
| 股东权益账面价值 | $12.1B | $8.8B |
| 总资产 | $24.5B | $20.0B |
| 负债/权益比越低杠杆越低 | 0.35× | 0.64× |
8季度趋势，按日历期对齐
现金及短期投资MOSWLK
| Q4 25 | $276.6M | $2.7B | ||
| Q3 25 | $153.3M | $1.9B | ||
| Q2 25 | $286.2M | $2.1B | ||
| Q1 25 | $259.2M | $2.3B | ||
| Q4 24 | $272.8M | $2.9B | ||
| Q3 24 | $301.6M | $2.9B | ||
| Q2 24 | $322.0M | $3.0B | ||
| Q1 24 | $336.7M | $3.1B |
总债务MOSWLK
| Q4 25 | $4.3B | $5.6B | ||
| Q3 25 | $3.4B | $4.7B | ||
| Q2 25 | $3.3B | $4.7B | ||
| Q1 25 | $3.3B | $4.6B | ||
| Q4 24 | $3.3B | $4.6B | ||
| Q3 24 | $3.2B | $4.6B | ||
| Q2 24 | $3.2B | $4.9B | ||
| Q1 24 | $3.2B | $4.9B |
股东权益MOSWLK
| Q4 25 | $12.1B | $8.8B | ||
| Q3 25 | $12.8B | $9.4B | ||
| Q2 25 | $12.4B | $10.3B | ||
| Q1 25 | $11.8B | $10.4B | ||
| Q4 24 | $11.5B | $10.5B | ||
| Q3 24 | $11.8B | $10.7B | ||
| Q2 24 | $11.7B | $10.6B | ||
| Q1 24 | $12.0B | $10.3B |
总资产MOSWLK
| Q4 25 | $24.5B | $20.0B | ||
| Q3 25 | $24.7B | $19.8B | ||
| Q2 25 | $24.3B | $20.8B | ||
| Q1 25 | $23.2B | $20.7B | ||
| Q4 24 | $22.9B | $20.8B | ||
| Q3 24 | $23.3B | $21.1B | ||
| Q2 24 | $22.6B | $21.1B | ||
| Q1 24 | $22.9B | $21.0B |
负债/权益比MOSWLK
| Q4 25 | 0.35× | 0.64× | ||
| Q3 25 | 0.26× | 0.49× | ||
| Q2 25 | 0.27× | 0.45× | ||
| Q1 25 | 0.28× | 0.44× | ||
| Q4 24 | 0.29× | 0.43× | ||
| Q3 24 | 0.27× | 0.43× | ||
| Q2 24 | 0.27× | 0.46× | ||
| Q1 24 | 0.27× | 0.47× |
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 | $225.0M |
| 自由现金流经营现金流 - 资本支出 | $-405.7M | $-16.0M |
| 自由现金流率自由现金流/营收 | -13.6% | -0.6% |
| 资本支出强度资本支出/营收 | 11.8% | 9.5% |
| 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 | $-530.0M |
8季度趋势，按日历期对齐
经营现金流MOSWLK
| Q4 25 | $-56.1M | $225.0M | ||
| Q3 25 | $228.5M | $182.0M | ||
| Q2 25 | $609.5M | $135.0M | ||
| Q1 25 | $42.9M | $-77.0M | ||
| Q4 24 | $219.3M | $434.0M | ||
| Q3 24 | $312.9M | $474.0M | ||
| Q2 24 | $847.0M | $237.0M | ||
| Q1 24 | $-80.0M | $169.0M |
自由现金流MOSWLK
| Q4 25 | $-405.7M | $-16.0M | ||
| Q3 25 | $-135.9M | $-57.0M | ||
| Q2 25 | $304.9M | $-132.0M | ||
| Q1 25 | $-297.9M | $-325.0M | ||
| Q4 24 | $-74.8M | $149.0M | ||
| Q3 24 | $72.1M | $254.0M | ||
| Q2 24 | $513.1M | $6.0M | ||
| Q1 24 | $-463.0M | $-103.0M |
自由现金流率MOSWLK
| Q4 25 | -13.6% | -0.6% | ||
| Q3 25 | -3.9% | -2.0% | ||
| Q2 25 | 10.1% | -4.5% | ||
| Q1 25 | -11.4% | -11.4% | ||
| Q4 24 | -2.7% | 5.2% | ||
| Q3 24 | 2.6% | 8.1% | ||
| Q2 24 | 18.2% | 0.2% | ||
| Q1 24 | -17.3% | -3.5% |
资本支出强度MOSWLK
| Q4 25 | 11.8% | 9.5% | ||
| Q3 25 | 10.6% | 8.4% | ||
| Q2 25 | 10.1% | 9.0% | ||
| Q1 25 | 13.0% | 8.7% | ||
| Q4 24 | 10.4% | 10.0% | ||
| Q3 24 | 8.6% | 7.1% | ||
| Q2 24 | 11.9% | 7.2% | ||
| Q1 24 | 14.3% | 9.1% |
现金转化率MOSWLK
| Q4 25 | — | — | ||
| Q3 25 | 0.56× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 1.30× | 62.00× | ||
| Q3 24 | 2.56× | 4.39× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | -1.77× | 0.97× |
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
WLK
| Performance Materials | $930.0M | 37% |
| Housing Products | $767.0M | 30% |
| Essential Materials | $702.0M | 28% |
| Infrastructure Products | $134.0M | 5% |
