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Alarm.com Holdings, Inc.（ALRM）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Alarm.com Holdings, Inc.的1.4倍（$375.3M vs $261.7M），ROYAL GOLD INC净利率更高（24.9% vs 13.2%，领先11.7%），ROYAL GOLD INC同比增速更快（85.3% vs 8.0%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 8.3%）
Alarm.com Holdings, Inc.是一家美国科技企业，成立于2000年，由微策略公司分拆而来，总部位于弗吉尼亚州泰森斯。公司主营云服务，为用户提供远程控制、智能家居及报警监测相关解决方案，是家庭智能安防领域的重要服务商。
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。
ALRM vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.4倍
$261.7M
营收增速更快
RGLD
高出77.3%
8.0%
净利率更高
RGLD
高出11.7%
13.2%
两年增速更快
RGLD
近两年复合增速
8.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.7M | $375.3M |
| 净利润 | $34.6M | $93.6M |
| 毛利率 | 66.0% | 64.6% |
| 营业利润率 | 13.4% | 56.2% |
| 净利率 | 13.2% | 24.9% |
| 营收同比 | 8.0% | 85.3% |
| 净利润同比 | 14.8% | -12.8% |
| 每股收益（稀释后） | $0.66 | $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ALRMRGLD
| Q4 25 | $261.7M | $375.3M | ||
| Q3 25 | $256.4M | $252.1M | ||
| Q2 25 | $254.3M | $209.6M | ||
| Q1 25 | $238.8M | $193.4M | ||
| Q4 24 | $242.2M | $202.6M | ||
| Q3 24 | $240.5M | $193.8M | ||
| Q2 24 | $233.8M | $174.1M | ||
| Q1 24 | $223.3M | $148.9M |
净利润ALRMRGLD
| Q4 25 | $34.6M | $93.6M | ||
| Q3 25 | $35.1M | $126.8M | ||
| Q2 25 | $34.2M | $132.3M | ||
| Q1 25 | $27.7M | $113.5M | ||
| Q4 24 | $30.1M | $107.4M | ||
| Q3 24 | $36.7M | $96.2M | ||
| Q2 24 | $33.5M | $81.2M | ||
| Q1 24 | $23.6M | $47.2M |
毛利率ALRMRGLD
| Q4 25 | 66.0% | 64.6% | ||
| Q3 25 | 65.8% | 73.6% | ||
| Q2 25 | 65.6% | 72.6% | ||
| Q1 25 | 67.2% | 69.4% | ||
| Q4 24 | 65.5% | 70.3% | ||
| Q3 24 | 64.8% | 66.6% | ||
| Q2 24 | 65.2% | 64.7% | ||
| Q1 24 | 65.7% | 58.4% |
营业利润率ALRMRGLD
| Q4 25 | 13.4% | 56.2% | ||
| Q3 25 | 14.4% | 64.4% | ||
| Q2 25 | 12.6% | 67.7% | ||
| Q1 25 | 12.4% | 63.6% | ||
| Q4 24 | 12.7% | 65.9% | ||
| Q3 24 | 13.8% | 61.3% | ||
| Q2 24 | 11.0% | 58.6% | ||
| Q1 24 | 8.4% | 50.7% |
净利率ALRMRGLD
| Q4 25 | 13.2% | 24.9% | ||
| Q3 25 | 13.7% | 50.3% | ||
| Q2 25 | 13.5% | 63.1% | ||
| Q1 25 | 11.6% | 58.7% | ||
| Q4 24 | 12.4% | 53.0% | ||
| Q3 24 | 15.3% | 49.7% | ||
| Q2 24 | 14.3% | 46.6% | ||
| Q1 24 | 10.6% | 31.7% |
每股收益（稀释后）ALRMRGLD
| Q4 25 | $0.66 | $1.04 | ||
| Q3 25 | $0.65 | $1.92 | ||
| Q2 25 | $0.63 | $2.01 | ||
| Q1 25 | $0.52 | $1.72 | ||
| Q4 24 | $0.56 | $1.63 | ||
| Q3 24 | $0.67 | $1.46 | ||
| Q2 24 | $0.62 | $1.23 | ||
| Q1 24 | $0.44 | $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 | $960.6M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $848.2M | $7.2B |
| 总资产 | $2.1B | $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ALRMRGLD
| Q4 25 | $960.6M | $233.7M | ||
| Q3 25 | $1.1B | $172.8M | ||
| Q2 25 | $1.0B | $248.2M | ||
| Q1 25 | $1.2B | $240.8M | ||
| Q4 24 | $1.2B | $195.5M | ||
| Q3 24 | $1.2B | $127.9M | ||
| Q2 24 | $1.1B | $74.2M | ||
| Q1 24 | $747.9M | $137.9M |
总债务ALRMRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益ALRMRGLD
| Q4 25 | $848.2M | $7.2B | ||
| Q3 25 | $827.2M | $3.4B | ||
| Q2 25 | $797.3M | $3.3B | ||
| Q1 25 | $759.6M | $3.2B | ||
| Q4 24 | $726.5M | $3.1B | ||
| Q3 24 | $690.3M | $3.0B | ||
| Q2 24 | $645.5M | $3.0B | ||
| Q1 24 | $728.1M | $2.9B |
总资产ALRMRGLD
| Q4 25 | $2.1B | $9.5B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.1B | $3.6B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.0B | $3.3B | ||
| Q2 24 | $1.9B | $3.3B | ||
| Q1 24 | $1.5B | $3.3B |
负债/权益比ALRMRGLD
| 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 | $35.9M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $35.1M | — |
| 自由现金流率自由现金流/营收 | 13.4% | — |
| 资本支出强度资本支出/营收 | 0.3% | — |
| 现金转化率经营现金流/净利润 | 1.04× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $137.0M | — |
8季度趋势，按日历期对齐
经营现金流ALRMRGLD
| Q4 25 | $35.9M | $241.7M | ||
| Q3 25 | $70.6M | $174.0M | ||
| Q2 25 | $22.7M | $152.8M | ||
| Q1 25 | $24.1M | $136.4M | ||
| Q4 24 | $56.3M | $141.1M | ||
| Q3 24 | $77.3M | $136.7M | ||
| Q2 24 | $23.0M | $113.5M | ||
| Q1 24 | $49.9M | $138.3M |
自由现金流ALRMRGLD
| Q4 25 | $35.1M | — | ||
| Q3 25 | $65.9M | — | ||
| Q2 25 | $18.2M | — | ||
| Q1 25 | $17.9M | — | ||
| Q4 24 | $54.0M | — | ||
| Q3 24 | $74.5M | — | ||
| Q2 24 | $21.0M | — | ||
| Q1 24 | $46.8M | — |
自由现金流率ALRMRGLD
| Q4 25 | 13.4% | — | ||
| Q3 25 | 25.7% | — | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | 7.5% | — | ||
| Q4 24 | 22.3% | — | ||
| Q3 24 | 31.0% | — | ||
| Q2 24 | 9.0% | — | ||
| Q1 24 | 21.0% | — |
资本支出强度ALRMRGLD
| Q4 25 | 0.3% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 2.6% | — | ||
| Q4 24 | 0.9% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 1.4% | — |
现金转化率ALRMRGLD
| Q4 25 | 1.04× | 2.58× | ||
| Q3 25 | 2.01× | 1.37× | ||
| Q2 25 | 0.66× | 1.15× | ||
| Q1 25 | 0.87× | 1.20× | ||
| Q4 24 | 1.87× | 1.31× | ||
| Q3 24 | 2.11× | 1.42× | ||
| Q2 24 | 0.69× | 1.40× | ||
| Q1 24 | 2.11× | 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
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
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% |
