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Aflac（AFL）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
Aflac的季度营收约是ROYAL GOLD INC的13.0倍（$4.9B vs $375.3M）。Aflac净利率更高（28.3% vs 24.9%，领先3.4%）。ROYAL GOLD INC同比增速更快（85.3% vs -10.0%）。过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -5.4%）
Aflac是美国知名保险企业，也是美国最大的补充保险提供商，成立于1955年，总部位于佐治亚州哥伦布市。公司在美国推出多类保险产品，其中薪资抵扣型保险服务知名度较高，参保人遭遇保障范围内的意外或疾病时可获现金赔付，目前已为全球超5000万用户提供财务保障。
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。
AFL vs RGLD — 直观对比
营收规模更大
AFL
是对方的13.0倍
$375.3M
营收增速更快
RGLD
高出95.2%
-10.0%
净利率更高
AFL
高出3.4%
24.9%
两年增速更快
RGLD
近两年复合增速
-5.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $4.9B | $375.3M |
| 净利润 | $1.4B | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 32.3% | 56.2% |
| 净利率 | 28.3% | 24.9% |
| 营收同比 | -10.0% | 85.3% |
| 净利润同比 | -27.5% | -12.8% |
| 每股收益（稀释后） | $2.58 | $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AFLRGLD
| Q4 25 | $4.9B | $375.3M | ||
| Q3 25 | $4.7B | $252.1M | ||
| Q2 25 | $4.2B | $209.6M | ||
| Q1 25 | $3.4B | $193.4M | ||
| Q4 24 | $5.4B | $202.6M | ||
| Q3 24 | $2.9B | $193.8M | ||
| Q2 24 | $5.1B | $174.1M | ||
| Q1 24 | $5.4B | $148.9M |
净利润AFLRGLD
| Q4 25 | $1.4B | $93.6M | ||
| Q3 25 | $1.6B | $126.8M | ||
| Q2 25 | $599.0M | $132.3M | ||
| Q1 25 | $29.0M | $113.5M | ||
| Q4 24 | $1.9B | $107.4M | ||
| Q3 24 | $-93.0M | $96.2M | ||
| Q2 24 | $1.8B | $81.2M | ||
| Q1 24 | $1.9B | $47.2M |
毛利率AFLRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% | ||
| Q1 24 | — | 58.4% |
营业利润率AFLRGLD
| Q4 25 | 32.3% | 56.2% | ||
| Q3 25 | 42.1% | 64.4% | ||
| Q2 25 | 19.8% | 67.7% | ||
| Q1 25 | 4.3% | 63.6% | ||
| Q4 24 | 39.5% | 65.9% | ||
| Q3 24 | 3.1% | 61.3% | ||
| Q2 24 | 39.3% | 58.6% | ||
| Q1 24 | 39.9% | 50.7% |
净利率AFLRGLD
| Q4 25 | 28.3% | 24.9% | ||
| Q3 25 | 34.6% | 50.3% | ||
| Q2 25 | 14.4% | 63.1% | ||
| Q1 25 | 0.9% | 58.7% | ||
| Q4 24 | 35.2% | 53.0% | ||
| Q3 24 | -3.2% | 49.7% | ||
| Q2 24 | 34.2% | 46.6% | ||
| Q1 24 | 34.6% | 31.7% |
每股收益（稀释后）AFLRGLD
| Q4 25 | $2.58 | $1.04 | ||
| Q3 25 | $3.08 | $1.92 | ||
| Q2 25 | $1.11 | $2.01 | ||
| Q1 25 | $0.05 | $1.72 | ||
| Q4 24 | $3.45 | $1.63 | ||
| Q3 24 | $-0.17 | $1.46 | ||
| Q2 24 | $3.10 | $1.23 | ||
| Q1 24 | $3.25 | $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 | $6.2B | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $29.5B | $7.2B |
| 总资产 | $116.5B | $9.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AFLRGLD
| Q4 25 | $6.2B | $233.7M | ||
| Q3 25 | $6.8B | $172.8M | ||
| Q2 25 | $7.0B | $248.2M | ||
| Q1 25 | $5.2B | $240.8M | ||
| Q4 24 | $6.2B | $195.5M | ||
| Q3 24 | $5.6B | $127.9M | ||
| Q2 24 | $6.1B | $74.2M | ||
| Q1 24 | $5.1B | $137.9M |
总债务AFLRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益AFLRGLD
| Q4 25 | $29.5B | $7.2B | ||
| Q3 25 | $28.7B | $3.4B | ||
| Q2 25 | $27.2B | $3.3B | ||
| Q1 25 | $26.3B | $3.2B | ||
| Q4 24 | $26.1B | $3.1B | ||
| Q3 24 | $24.8B | $3.0B | ||
| Q2 24 | $26.0B | $3.0B | ||
| Q1 24 | $23.5B | $2.9B |
总资产AFLRGLD
| Q4 25 | $116.5B | $9.5B | ||
| Q3 25 | $122.3B | $4.5B | ||
| Q2 25 | $124.7B | $3.6B | ||
| Q1 25 | $120.3B | $3.5B | ||
| Q4 24 | $117.6B | $3.4B | ||
| Q3 24 | $128.4B | $3.3B | ||
| Q2 24 | $120.2B | $3.3B | ||
| Q1 24 | $124.7B | $3.3B |
负债/权益比AFLRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $315.0M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 0.23× | 2.58× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流AFLRGLD
| Q4 25 | $315.0M | $241.7M | ||
| Q3 25 | $1.3B | $174.0M | ||
| Q2 25 | $399.0M | $152.8M | ||
| Q1 25 | $589.0M | $136.4M | ||
| Q4 24 | $333.0M | $141.1M | ||
| Q3 24 | $1.3B | $136.7M | ||
| Q2 24 | $255.0M | $113.5M | ||
| Q1 24 | $849.0M | $138.3M |
现金转化率AFLRGLD
| Q4 25 | 0.23× | 2.58× | ||
| Q3 25 | 0.76× | 1.37× | ||
| Q2 25 | 0.67× | 1.15× | ||
| Q1 25 | 20.31× | 1.20× | ||
| Q4 24 | 0.18× | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 0.15× | 1.40× | ||
| Q1 24 | 0.45× | 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
AFL
| Aflac Japan | $2.3B | 47% |
| Aflac US | $1.7B | 35% |
| Other | $862.0M | 18% |
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% |
