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MINERALS TECHNOLOGIES INC（MTX）与Cloudflare, Inc.（NET）财务数据对比。点击上方公司名可切换其他公司
Cloudflare, Inc.的季度营收约是MINERALS TECHNOLOGIES INC的1.2倍（$614.5M vs $519.5M），MINERALS TECHNOLOGIES INC净利率更高（7.2% vs -2.0%，领先9.1%），Cloudflare, Inc.同比增速更快（33.6% vs 0.3%），Cloudflare, Inc.自由现金流更多（$105.2M vs $31.9M），过去两年Cloudflare, Inc.的营收复合增速更高（27.4% vs -1.4%）
康帕斯矿产国际是一家美国上市企业，作为领先的矿产生产商，主营盐、氯化镁、硫酸钾等产品，总部位于堪萨斯州欧弗兰帕克。公司为北美和英国客户提供经过处理及未经处理的散装道路除冰盐，同时为全球种植者提供植物营养产品，还生产民用除冰、水质调节类产品以及面向民用和商业场景的相关矿产品。
Cloudflare是总部位于美国加利福尼亚州旧金山的科技企业，提供内容分发网络（CDN）、云网络安全、DDoS防护等多元互联网服务，同时是ICANN认证的域名注册商。其服务作为网站访客与客户托管服务商之间的反向代理，可有效提升访问性能，抵御恶意流量。
MTX vs NET — 直观对比
营收规模更大
NET
是对方的1.2倍
$519.5M
营收增速更快
NET
高出33.3%
0.3%
净利率更高
MTX
高出9.1%
-2.0%
自由现金流更多
NET
多$73.3M
$31.9M
两年增速更快
NET
近两年复合增速
-1.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $519.5M | $614.5M |
| 净利润 | $37.2M | $-12.1M |
| 毛利率 | 24.0% | 73.6% |
| 营业利润率 | 11.9% | -8.0% |
| 净利率 | 7.2% | -2.0% |
| 营收同比 | 0.3% | 33.6% |
| 净利润同比 | -31.1% | 6.0% |
| 每股收益（稀释后） | $1.11 | $-0.03 |
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MTXNET
| Q4 25 | $519.5M | $614.5M | ||
| Q3 25 | $532.4M | $562.0M | ||
| Q2 25 | $528.9M | $512.3M | ||
| Q1 25 | $491.8M | $479.1M | ||
| Q4 24 | $518.1M | $459.9M | ||
| Q3 24 | $524.7M | $430.1M | ||
| Q2 24 | $541.2M | $401.0M | ||
| Q1 24 | $534.5M | $378.6M |
净利润MTXNET
| Q4 25 | $37.2M | $-12.1M | ||
| Q3 25 | $43.0M | $-1.3M | ||
| Q2 25 | $45.4M | $-50.4M | ||
| Q1 25 | $-144.0M | $-38.5M | ||
| Q4 24 | $54.0M | $-12.8M | ||
| Q3 24 | $46.7M | $-15.3M | ||
| Q2 24 | $19.7M | $-15.1M | ||
| Q1 24 | $46.7M | $-35.5M |
毛利率MTXNET
| Q4 25 | 24.0% | 73.6% | ||
| Q3 25 | 25.7% | 74.0% | ||
| Q2 25 | 25.9% | 74.9% | ||
| Q1 25 | 24.3% | 75.9% | ||
| Q4 24 | 25.6% | 76.4% | ||
| Q3 24 | 25.8% | 77.7% | ||
| Q2 24 | 26.6% | 77.8% | ||
| Q1 24 | 25.4% | 77.5% |
营业利润率MTXNET
| Q4 25 | 11.9% | -8.0% | ||
| Q3 25 | 13.3% | -6.7% | ||
| Q2 25 | 14.1% | -13.1% | ||
| Q1 25 | -32.6% | -11.1% | ||
| Q4 24 | 16.2% | -7.5% | ||
| Q3 24 | 14.6% | -7.2% | ||
| Q2 24 | 9.3% | -8.7% | ||
| Q1 24 | 14.1% | -14.4% |
净利率MTXNET
| Q4 25 | 7.2% | -2.0% | ||
| Q3 25 | 8.1% | -0.2% | ||
| Q2 25 | 8.6% | -9.8% | ||
| Q1 25 | -29.3% | -8.0% | ||
| Q4 24 | 10.4% | -2.8% | ||
| Q3 24 | 8.9% | -3.6% | ||
| Q2 24 | 3.6% | -3.8% | ||
| Q1 24 | 8.7% | -9.4% |
每股收益（稀释后）MTXNET
| Q4 25 | $1.11 | $-0.03 | ||
| Q3 25 | $1.37 | $0.00 | ||
| Q2 25 | $1.44 | $-0.15 | ||
| Q1 25 | $-4.51 | $-0.11 | ||
| Q4 24 | $1.67 | $-0.05 | ||
| Q3 24 | $1.45 | $-0.04 | ||
| Q2 24 | $0.61 | $-0.04 | ||
| Q1 24 | $1.44 | $-0.10 |
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 | $332.6M | $943.5M |
| 总债务越低越好 | $961.3M | — |
| 股东权益账面价值 | $1.7B | $1.5B |
| 总资产 | $3.5B | $6.0B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资MTXNET
| Q4 25 | $332.6M | $943.5M | ||
| Q3 25 | $328.3M | $1.1B | ||
| Q2 25 | $319.9M | $1.5B | ||
| Q1 25 | $312.2M | $204.5M | ||
| Q4 24 | $337.1M | $147.7M | ||
| Q3 24 | $324.5M | $182.9M | ||
| Q2 24 | $316.4M | $157.0M | ||
| Q1 24 | $320.1M | $254.4M |
总债务MTXNET
| Q4 25 | $961.3M | — | ||
| Q3 25 | $964.3M | — | ||
| Q2 25 | $965.6M | — | ||
| Q1 25 | $966.7M | — | ||
| Q4 24 | $966.1M | — | ||
| Q3 24 | $922.9M | — | ||
| Q2 24 | $922.4M | — | ||
| Q1 24 | $925.8M | — |
股东权益MTXNET
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.7B | $1.3B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $1.4B | ||
| Q4 24 | $1.7B | $1.0B | ||
| Q3 24 | $1.7B | $973.1M | ||
| Q2 24 | $1.7B | $881.5M | ||
| Q1 24 | $1.7B | $797.2M |
总资产MTXNET
| Q4 25 | $3.5B | $6.0B | ||
| Q3 25 | $3.5B | $5.8B | ||
| Q2 25 | $3.5B | $5.6B | ||
| Q1 25 | $3.4B | $3.7B | ||
| Q4 24 | $3.4B | $3.3B | ||
| Q3 24 | $3.4B | $3.1B | ||
| Q2 24 | $3.3B | $2.9B | ||
| Q1 24 | $3.3B | $2.8B |
负债/权益比MTXNET
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.58× | — | ||
| Q2 25 | 0.58× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.55× | — | ||
| Q3 24 | 0.54× | — | ||
| Q2 24 | 0.55× | — | ||
| Q1 24 | 0.56× | — |
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 | $64.3M | $190.4M |
| 自由现金流经营现金流 - 资本支出 | $31.9M | $105.2M |
| 自由现金流率自由现金流/营收 | 6.1% | 17.1% |
| 资本支出强度资本支出/营收 | 6.2% | 13.9% |
| 现金转化率经营现金流/净利润 | 1.73× | — |
| 过去12个月自由现金流最近4个季度 | $86.6M | $287.5M |
8季度趋势，按日历期对齐
经营现金流MTXNET
| Q4 25 | $64.3M | $190.4M | ||
| Q3 25 | $70.9M | $167.1M | ||
| Q2 25 | $62.9M | $99.8M | ||
| Q1 25 | $-4.4M | $145.8M | ||
| Q4 24 | $70.4M | $127.3M | ||
| Q3 24 | $60.0M | $104.7M | ||
| Q2 24 | $50.1M | $74.8M | ||
| Q1 24 | $55.9M | $73.6M |
自由现金流MTXNET
| Q4 25 | $31.9M | $105.2M | ||
| Q3 25 | $43.6M | $82.5M | ||
| Q2 25 | $33.8M | $39.9M | ||
| Q1 25 | $-22.7M | $59.9M | ||
| Q4 24 | $42.3M | $54.2M | ||
| Q3 24 | $35.3M | $54.5M | ||
| Q2 24 | $29.9M | $45.2M | ||
| Q1 24 | $39.4M | $41.5M |
自由现金流率MTXNET
| Q4 25 | 6.1% | 17.1% | ||
| Q3 25 | 8.2% | 14.7% | ||
| Q2 25 | 6.4% | 7.8% | ||
| Q1 25 | -4.6% | 12.5% | ||
| Q4 24 | 8.2% | 11.8% | ||
| Q3 24 | 6.7% | 12.7% | ||
| Q2 24 | 5.5% | 11.3% | ||
| Q1 24 | 7.4% | 11.0% |
资本支出强度MTXNET
| Q4 25 | 6.2% | 13.9% | ||
| Q3 25 | 5.1% | 15.1% | ||
| Q2 25 | 5.5% | 11.7% | ||
| Q1 25 | 3.7% | 17.9% | ||
| Q4 24 | 5.4% | 15.9% | ||
| Q3 24 | 4.7% | 11.7% | ||
| Q2 24 | 3.7% | 7.4% | ||
| Q1 24 | 3.1% | 8.5% |
现金转化率MTXNET
| Q4 25 | 1.73× | — | ||
| Q3 25 | 1.65× | — | ||
| Q2 25 | 1.39× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.30× | — | ||
| Q3 24 | 1.28× | — | ||
| Q2 24 | 2.54× | — | ||
| Q1 24 | 1.20× | — |
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
MTX
| High Temperature Technologies | $178.0M | 34% |
| Specialty Additives | $141.8M | 27% |
| Household And Personal Care | $132.5M | 26% |
| Environmental And Infrastructure | $67.2M | 13% |
NET
| Sales Channel Directly To Consumer | $438.5M | 71% |
| Sales Channel Through Intermediary | $176.0M | 29% |
