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阿特拉斯·科普柯（AESI）与ROYAL GOLD INC（RGLD）财务数据对比。点击上方公司名可切换其他公司
ROYAL GOLD INC的季度营收约是阿特拉斯·科普柯的1.5倍（$375.3M vs $249.4M），ROYAL GOLD INC净利率更高（24.9% vs -8.9%，领先33.9%），ROYAL GOLD INC同比增速更快（85.3% vs -8.1%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 13.8%）
阿特拉斯·科普柯集团是瑞典跨国工业企业，生产压缩机、真空设备、泵、发电机、装配工具、质量检测设备等工业应用及移动发电领域的产品与系统，业务覆盖全球约180个国家。
Royal Gold Inc.是全球领先的贵金属流权与特许权经营企业，收购并管理多元化的矿业项目流权、净熔炼收益特许权及相关权益，资产覆盖黄金、白银、铜等品类，业务遍及多地区，无需直接承担采矿运营风险。
AESI vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.5倍
$249.4M
营收增速更快
RGLD
高出93.4%
-8.1%
净利率更高
RGLD
高出33.9%
-8.9%
两年增速更快
RGLD
近两年复合增速
13.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $249.4M | $375.3M |
| 净利润 | $-22.2M | $93.6M |
| 毛利率 | 8.1% | 64.6% |
| 营业利润率 | -6.0% | 56.2% |
| 净利率 | -8.9% | 24.9% |
| 营收同比 | -8.1% | 85.3% |
| 净利润同比 | -254.5% | -12.8% |
| 每股收益（稀释后） | $-0.19 | $1.04 |
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AESIRGLD
| Q4 25 | $249.4M | $375.3M | ||
| Q3 25 | $259.6M | $252.1M | ||
| Q2 25 | $288.7M | $209.6M | ||
| Q1 25 | $297.6M | $193.4M | ||
| Q4 24 | $271.3M | $202.6M | ||
| Q3 24 | $304.4M | $193.8M | ||
| Q2 24 | $287.5M | $174.1M | ||
| Q1 24 | $192.7M | $148.9M |
净利润AESIRGLD
| Q4 25 | $-22.2M | $93.6M | ||
| Q3 25 | $-23.7M | $126.8M | ||
| Q2 25 | $-5.6M | $132.3M | ||
| Q1 25 | $1.2M | $113.5M | ||
| Q4 24 | $14.4M | $107.4M | ||
| Q3 24 | $3.9M | $96.2M | ||
| Q2 24 | $14.8M | $81.2M | ||
| Q1 24 | $26.8M | $47.2M |
毛利率AESIRGLD
| Q4 25 | 8.1% | 64.6% | ||
| Q3 25 | 9.2% | 73.6% | ||
| Q2 25 | 18.1% | 72.6% | ||
| Q1 25 | 18.3% | 69.4% | ||
| Q4 24 | 18.4% | 70.3% | ||
| Q3 24 | 17.4% | 66.6% | ||
| Q2 24 | 21.0% | 64.7% | ||
| Q1 24 | 35.7% | 58.4% |
营业利润率AESIRGLD
| Q4 25 | -6.0% | 56.2% | ||
| Q3 25 | -7.1% | 64.4% | ||
| Q2 25 | 2.5% | 67.7% | ||
| Q1 25 | 5.2% | 63.6% | ||
| Q4 24 | 11.3% | 65.9% | ||
| Q3 24 | 5.0% | 61.3% | ||
| Q2 24 | 9.8% | 58.6% | ||
| Q1 24 | 20.6% | 50.7% |
净利率AESIRGLD
| Q4 25 | -8.9% | 24.9% | ||
| Q3 25 | -9.1% | 50.3% | ||
| Q2 25 | -1.9% | 63.1% | ||
| Q1 25 | 0.4% | 58.7% | ||
| Q4 24 | 5.3% | 53.0% | ||
| Q3 24 | 1.3% | 49.7% | ||
| Q2 24 | 5.2% | 46.6% | ||
| Q1 24 | 13.9% | 31.7% |
每股收益（稀释后）AESIRGLD
| Q4 25 | $-0.19 | $1.04 | ||
| Q3 25 | $-0.19 | $1.92 | ||
| Q2 25 | $-0.04 | $2.01 | ||
| Q1 25 | $0.01 | $1.72 | ||
| Q4 24 | $0.12 | $1.63 | ||
| Q3 24 | $0.04 | $1.46 | ||
| Q2 24 | $0.13 | $1.23 | ||
| Q1 24 | $0.26 | $0.72 |
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 | — | $233.7M |
| 总债务越低越好 | $604.2M | — |
| 股东权益账面价值 | $1.2B | $7.2B |
| 总资产 | $2.2B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.50× | — |
8季度趋势，按日历期对齐
现金及短期投资AESIRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | — | $172.8M | ||
| Q2 25 | — | $248.2M | ||
| Q1 25 | — | $240.8M | ||
| Q4 24 | — | $195.5M | ||
| Q3 24 | — | $127.9M | ||
| Q2 24 | — | $74.2M | ||
| Q1 24 | — | $137.9M |
总债务AESIRGLD
| Q4 25 | $604.2M | — | ||
| Q3 25 | $529.1M | — | ||
| Q2 25 | $533.8M | — | ||
| Q1 25 | $538.5M | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $180.0M | $0 | ||
| Q2 24 | $180.0M | $50.0M | ||
| Q1 24 | $180.0M | — |
股东权益AESIRGLD
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.2B | $3.4B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.3B | $3.2B | ||
| Q4 24 | $1.0B | $3.1B | ||
| Q3 24 | $1.0B | $3.0B | ||
| Q2 24 | $1.1B | $3.0B | ||
| Q1 24 | $1.1B | $2.9B |
总资产AESIRGLD
| Q4 25 | $2.2B | $9.5B | ||
| Q3 25 | $2.2B | $4.5B | ||
| Q2 25 | $2.2B | $3.6B | ||
| Q1 25 | $2.3B | $3.5B | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.0B | $3.3B | ||
| Q2 24 | $2.0B | $3.3B | ||
| Q1 24 | $1.9B | $3.3B |
负债/权益比AESIRGLD
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.42× | — | ||
| Q1 25 | 0.41× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.17× | 0.00× | ||
| Q2 24 | 0.17× | 0.02× | ||
| Q1 24 | 0.17× | — |
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 | $3.7M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-18.1M | — |
| 自由现金流率自由现金流/营收 | -7.3% | — |
| 资本支出强度资本支出/营收 | 8.7% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-30.9M | — |
8季度趋势，按日历期对齐
经营现金流AESIRGLD
| Q4 25 | $3.7M | $241.7M | ||
| Q3 25 | $32.4M | $174.0M | ||
| Q2 25 | $88.6M | $152.8M | ||
| Q1 25 | $-7.5M | $136.4M | ||
| Q4 24 | $70.9M | $141.1M | ||
| Q3 24 | $85.2M | $136.7M | ||
| Q2 24 | $60.9M | $113.5M | ||
| Q1 24 | $39.6M | $138.3M |
自由现金流AESIRGLD
| Q4 25 | $-18.1M | — | ||
| Q3 25 | $-1.4M | — | ||
| Q2 25 | $48.4M | — | ||
| Q1 25 | $-59.8M | — | ||
| Q4 24 | $-5.6M | — | ||
| Q3 24 | $-1.1M | — | ||
| Q2 24 | $-54.9M | — | ||
| Q1 24 | $-55.9M | — |
自由现金流率AESIRGLD
| Q4 25 | -7.3% | — | ||
| Q3 25 | -0.5% | — | ||
| Q2 25 | 16.8% | — | ||
| Q1 25 | -20.1% | — | ||
| Q4 24 | -2.1% | — | ||
| Q3 24 | -0.4% | — | ||
| Q2 24 | -19.1% | — | ||
| Q1 24 | -29.0% | — |
资本支出强度AESIRGLD
| Q4 25 | 8.7% | — | ||
| Q3 25 | 13.0% | — | ||
| Q2 25 | 13.9% | — | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 28.2% | — | ||
| Q3 24 | 28.3% | — | ||
| Q2 24 | 40.3% | — | ||
| Q1 24 | 49.6% | — |
现金转化率AESIRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | -6.11× | 1.20× | ||
| Q4 24 | 4.92× | 1.31× | ||
| Q3 24 | 21.74× | 1.42× | ||
| Q2 24 | 4.10× | 1.40× | ||
| Q1 24 | 1.48× | 2.93× |
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
AESI
| Services | $126.2M | 51% |
| Products | $105.2M | 42% |
| Moser Acquisition | $18.1M | 7% |
RGLD
| Gold | $216.9M | 58% |
| Pueblo Viejo | $47.3M | 13% |
| Andacollo | $32.6M | 9% |
| Silver | $32.1M | 9% |
| Other | $27.2M | 7% |
| Copper | $13.7M | 4% |
| Cortez Legacy Zone | $5.4M | 1% |
