vs
传奇娱乐（ACEL）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是传奇娱乐的1.8倍（$622.0M vs $341.4M），Royalty Pharma plc净利率更高（34.4% vs 4.7%，领先29.7%），传奇娱乐同比增速更快（7.5% vs 4.8%），过去两年传奇娱乐的营收复合增速更高（6.4% vs 4.6%）
传奇娱乐是一家美国大众传媒与电影制作公司，总部位于加利福尼亚州伯班克，由托马斯·图尔于2000年创立。该公司长期与华纳兄弟影业、环球影业、索尼影视、派拉蒙影业等主流制片厂，以及网飞、葫芦等流媒体平台展开合作。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
ACEL vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.8倍
$341.4M
营收增速更快
ACEL
高出2.8%
4.8%
净利率更高
RPRX
高出29.7%
4.7%
两年增速更快
ACEL
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $341.4M | $622.0M |
| 净利润 | $16.2M | $214.2M |
| 毛利率 | — | — |
| 营业利润率 | 8.7% | 62.4% |
| 净利率 | 4.7% | 34.4% |
| 营收同比 | 7.5% | 4.8% |
| 净利润同比 | 93.3% | 2.9% |
| 每股收益（稀释后） | $0.19 | $0.49 |
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ACELRPRX
| Q4 25 | $341.4M | $622.0M | ||
| Q3 25 | $329.7M | $609.3M | ||
| Q2 25 | $335.9M | $578.7M | ||
| Q1 25 | $323.9M | $568.2M | ||
| Q4 24 | $317.5M | $593.6M | ||
| Q3 24 | $302.2M | $564.7M | ||
| Q2 24 | $309.4M | $537.3M | ||
| Q1 24 | $301.8M | $568.0M |
净利润ACELRPRX
| Q4 25 | $16.2M | $214.2M | ||
| Q3 25 | $13.4M | $288.2M | ||
| Q2 25 | $7.3M | $30.2M | ||
| Q1 25 | $14.6M | $238.3M | ||
| Q4 24 | $8.4M | $208.2M | ||
| Q3 24 | $4.9M | $544.0M | ||
| Q2 24 | $14.6M | $102.0M | ||
| Q1 24 | $7.4M | $4.8M |
营业利润率ACELRPRX
| Q4 25 | 8.7% | 62.4% | ||
| Q3 25 | 7.7% | 70.1% | ||
| Q2 25 | 8.0% | 36.3% | ||
| Q1 25 | 8.0% | 94.0% | ||
| Q4 24 | 6.5% | 60.9% | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 7.3% | 50.2% | ||
| Q1 24 | 8.5% | -13.0% |
净利率ACELRPRX
| Q4 25 | 4.7% | 34.4% | ||
| Q3 25 | 4.1% | 47.3% | ||
| Q2 25 | 2.2% | 5.2% | ||
| Q1 25 | 4.5% | 41.9% | ||
| Q4 24 | 2.6% | 35.1% | ||
| Q3 24 | 1.6% | 96.3% | ||
| Q2 24 | 4.7% | 19.0% | ||
| Q1 24 | 2.5% | 0.8% |
每股收益（稀释后）ACELRPRX
| Q4 25 | $0.19 | $0.49 | ||
| Q3 25 | $0.16 | $0.67 | ||
| Q2 25 | $0.08 | $0.07 | ||
| Q1 25 | $0.17 | $0.55 | ||
| Q4 24 | $0.09 | $0.46 | ||
| Q3 24 | $0.06 | $1.21 | ||
| Q2 24 | $0.17 | $0.23 | ||
| Q1 24 | $0.09 | $0.01 |
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 | $296.6M | $618.7M |
| 总债务越低越好 | $607.4M | $9.0B |
| 股东权益账面价值 | $269.7M | $9.7B |
| 总资产 | $1.1B | $19.6B |
| 负债/权益比越低杠杆越低 | 2.25× | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资ACELRPRX
| Q4 25 | $296.6M | $618.7M | ||
| Q3 25 | $290.2M | $938.9M | ||
| Q2 25 | $264.6M | $631.9M | ||
| Q1 25 | $271.9M | $1.1B | ||
| Q4 24 | $281.3M | $929.0M | ||
| Q3 24 | $265.1M | $950.1M | ||
| Q2 24 | $254.9M | $1.8B | ||
| Q1 24 | $253.9M | $843.0M |
总债务ACELRPRX
| Q4 25 | $607.4M | $9.0B | ||
| Q3 25 | $595.4M | $8.9B | ||
| Q2 25 | $595.5M | $8.0B | ||
| Q1 25 | $580.7M | $7.6B | ||
| Q4 24 | $595.4M | $7.6B | ||
| Q3 24 | $554.1M | $7.6B | ||
| Q2 24 | $565.7M | $7.6B | ||
| Q1 24 | $539.9M | $6.1B |
股东权益ACELRPRX
| Q4 25 | $269.7M | $9.7B | ||
| Q3 25 | $267.1M | $9.6B | ||
| Q2 25 | $260.5M | $9.5B | ||
| Q1 25 | $259.1M | $9.8B | ||
| Q4 24 | $255.0M | $10.3B | ||
| Q3 24 | $206.7M | $10.3B | ||
| Q2 24 | $209.1M | $9.8B | ||
| Q1 24 | $202.1M | $9.9B |
总资产ACELRPRX
| Q4 25 | $1.1B | $19.6B | ||
| Q3 25 | $1.1B | $19.3B | ||
| Q2 25 | $1.1B | $18.3B | ||
| Q1 25 | $1.0B | $17.6B | ||
| Q4 24 | $1.0B | $18.2B | ||
| Q3 24 | $950.2M | $18.0B | ||
| Q2 24 | $950.3M | $17.7B | ||
| Q1 24 | $919.1M | $16.1B |
负债/权益比ACELRPRX
| Q4 25 | 2.25× | 0.92× | ||
| Q3 25 | 2.23× | 0.93× | ||
| Q2 25 | 2.29× | 0.84× | ||
| Q1 25 | 2.24× | 0.78× | ||
| Q4 24 | 2.33× | 0.74× | ||
| Q3 24 | 2.68× | 0.74× | ||
| Q2 24 | 2.71× | 0.78× | ||
| Q1 24 | 2.67× | 0.62× |
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 | $31.1M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $16.0M | — |
| 自由现金流率自由现金流/营收 | 4.7% | — |
| 资本支出强度资本支出/营收 | 4.4% | — |
| 现金转化率经营现金流/净利润 | 1.92× | 3.86× |
| 过去12个月自由现金流最近4个季度 | $62.0M | — |
8季度趋势，按日历期对齐
经营现金流ACELRPRX
| Q4 25 | $31.1M | $827.1M | ||
| Q3 25 | $55.2M | $702.6M | ||
| Q2 25 | $19.8M | $364.0M | ||
| Q1 25 | $44.8M | $596.1M | ||
| Q4 24 | $13.5M | $742.5M | ||
| Q3 24 | $50.1M | $703.6M | ||
| Q2 24 | $28.9M | $658.2M | ||
| Q1 24 | $28.8M | $664.6M |
自由现金流ACELRPRX
| Q4 25 | $16.0M | — | ||
| Q3 25 | $34.2M | — | ||
| Q2 25 | $-6.2M | — | ||
| Q1 25 | $18.0M | — | ||
| Q4 24 | $2.1M | — | ||
| Q3 24 | $33.1M | — | ||
| Q2 24 | $11.4M | — | ||
| Q1 24 | $8.1M | — |
自由现金流率ACELRPRX
| Q4 25 | 4.7% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | -1.9% | — | ||
| Q1 25 | 5.6% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 11.0% | — | ||
| Q2 24 | 3.7% | — | ||
| Q1 24 | 2.7% | — |
资本支出强度ACELRPRX
| Q4 25 | 4.4% | — | ||
| Q3 25 | 6.4% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 8.3% | — | ||
| Q4 24 | 3.6% | — | ||
| Q3 24 | 5.6% | — | ||
| Q2 24 | 5.7% | — | ||
| Q1 24 | 6.8% | — |
现金转化率ACELRPRX
| Q4 25 | 1.92× | 3.86× | ||
| Q3 25 | 4.13× | 2.44× | ||
| Q2 25 | 2.71× | 12.06× | ||
| Q1 25 | 3.06× | 2.50× | ||
| Q4 24 | 1.62× | 3.57× | ||
| Q3 24 | 10.23× | 1.29× | ||
| Q2 24 | 1.98× | 6.45× | ||
| Q1 24 | 3.88× | 139.10× |
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
ACEL
| Video Gaming | $319.1M | 93% |
| ATM Fees And Other Revenue | $13.5M | 4% |
| Amusement | $5.3M | 2% |
| Manufacturing | $3.6M | 1% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
