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ALTA EQUIPMENT GROUP INC.（ALTG）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
ALTA EQUIPMENT GROUP INC.的季度营收约是ROYAL GOLD INC的1.4倍（$509.1M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs -2.3%，领先27.2%），ROYAL GOLD INC同比增速更快（85.3% vs 2.2%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 7.4%）
阿尔塔汽车工程公司是英国的运动及赛车制造商，常简称为Alta。在1950年至1952年间，该公司的赛车参加了五场国际汽联世界锦标赛，在此之前也参与过多场大奖赛赛事，同时还为少数其他制造商提供引擎，最知名的客户是康诺特和HWM车队。
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。
ALTG vs RGLD — 直观对比
营收规模更大
ALTG
是对方的1.4倍
$375.3M
营收增速更快
RGLD
高出83.1%
2.2%
净利率更高
RGLD
高出27.2%
-2.3%
两年增速更快
RGLD
近两年复合增速
7.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $509.1M | $375.3M |
| 净利润 | $-11.7M | $93.6M |
| 毛利率 | 23.5% | 64.6% |
| 营业利润率 | 1.0% | 56.2% |
| 净利率 | -2.3% | 24.9% |
| 营收同比 | 2.2% | 85.3% |
| 净利润同比 | -10.4% | -12.8% |
| 每股收益（稀释后） | $-0.38 | $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ALTGRGLD
| Q4 25 | $509.1M | $375.3M | ||
| Q3 25 | $422.6M | $252.1M | ||
| Q2 25 | $481.2M | $209.6M | ||
| Q1 25 | $423.0M | $193.4M | ||
| Q4 24 | $498.1M | $202.6M | ||
| Q3 24 | $448.8M | $193.8M | ||
| Q2 24 | $488.1M | $174.1M | ||
| Q1 24 | $441.6M | $148.9M |
净利润ALTGRGLD
| Q4 25 | $-11.7M | $93.6M | ||
| Q3 25 | $-41.6M | $126.8M | ||
| Q2 25 | $-6.1M | $132.3M | ||
| Q1 25 | $-20.9M | $113.5M | ||
| Q4 24 | $-10.6M | $107.4M | ||
| Q3 24 | $-27.7M | $96.2M | ||
| Q2 24 | $-11.9M | $81.2M | ||
| Q1 24 | $-11.9M | $47.2M |
毛利率ALTGRGLD
| Q4 25 | 23.5% | 64.6% | ||
| Q3 25 | 27.9% | 73.6% | ||
| Q2 25 | 25.4% | 72.6% | ||
| Q1 25 | 27.2% | 69.4% | ||
| Q4 24 | 23.4% | 70.3% | ||
| Q3 24 | 27.8% | 66.6% | ||
| Q2 24 | 27.0% | 64.7% | ||
| Q1 24 | 27.3% | 58.4% |
营业利润率ALTGRGLD
| Q4 25 | 1.0% | 56.2% | ||
| Q3 25 | 1.1% | 64.4% | ||
| Q2 25 | 2.6% | 67.7% | ||
| Q1 25 | 0.2% | 63.6% | ||
| Q4 24 | 0.5% | 65.9% | ||
| Q3 24 | 1.5% | 61.3% | ||
| Q2 24 | 2.1% | 58.6% | ||
| Q1 24 | -0.2% | 50.7% |
净利率ALTGRGLD
| Q4 25 | -2.3% | 24.9% | ||
| Q3 25 | -9.8% | 50.3% | ||
| Q2 25 | -1.3% | 63.1% | ||
| Q1 25 | -4.9% | 58.7% | ||
| Q4 24 | -2.1% | 53.0% | ||
| Q3 24 | -6.2% | 49.7% | ||
| Q2 24 | -2.4% | 46.6% | ||
| Q1 24 | -2.7% | 31.7% |
每股收益（稀释后）ALTGRGLD
| Q4 25 | $-0.38 | $1.04 | ||
| Q3 25 | $-1.31 | $1.92 | ||
| Q2 25 | $-0.21 | $2.01 | ||
| Q1 25 | $-0.65 | $1.72 | ||
| Q4 24 | $-0.34 | $1.63 | ||
| Q3 24 | $-0.86 | $1.46 | ||
| Q2 24 | $-0.38 | $1.23 | ||
| Q1 24 | $-0.38 | $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 | $18.6M | $233.7M |
| 总债务越低越好 | $724.0M | — |
| 股东权益账面价值 | $-8.8M | $7.2B |
| 总资产 | $1.3B | $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ALTGRGLD
| Q4 25 | $18.6M | $233.7M | ||
| Q3 25 | $14.1M | $172.8M | ||
| Q2 25 | $13.2M | $248.2M | ||
| Q1 25 | $11.1M | $240.8M | ||
| Q4 24 | $13.4M | $195.5M | ||
| Q3 24 | $14.6M | $127.9M | ||
| Q2 24 | $4.5M | $74.2M | ||
| Q1 24 | $5.6M | $137.9M |
总债务ALTGRGLD
| Q4 25 | $724.0M | — | ||
| Q3 25 | $745.6M | — | ||
| Q2 25 | $732.6M | — | ||
| Q1 25 | $735.0M | — | ||
| Q4 24 | $695.3M | — | ||
| Q3 24 | $712.6M | $0 | ||
| Q2 24 | $727.3M | $50.0M | ||
| Q1 24 | $674.4M | — |
股东权益ALTGRGLD
| Q4 25 | $-8.8M | $7.2B | ||
| Q3 25 | $2.9M | $3.4B | ||
| Q2 25 | $43.9M | $3.3B | ||
| Q1 25 | $56.0M | $3.2B | ||
| Q4 24 | $77.6M | $3.1B | ||
| Q3 24 | $95.7M | $3.0B | ||
| Q2 24 | $125.2M | $3.0B | ||
| Q1 24 | $136.9M | $2.9B |
总资产ALTGRGLD
| Q4 25 | $1.3B | $9.5B | ||
| Q3 25 | $1.4B | $4.5B | ||
| Q2 25 | $1.4B | $3.6B | ||
| Q1 25 | $1.5B | $3.5B | ||
| Q4 24 | $1.5B | $3.4B | ||
| Q3 24 | $1.5B | $3.3B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.6B | $3.3B |
负债/权益比ALTGRGLD
| Q4 25 | — | — | ||
| Q3 25 | 257.10× | — | ||
| Q2 25 | 16.69× | — | ||
| Q1 25 | 13.13× | — | ||
| Q4 24 | 8.96× | — | ||
| Q3 24 | 7.45× | 0.00× | ||
| Q2 24 | 5.81× | 0.02× | ||
| Q1 24 | 4.93× | — |
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 | $33.9M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $32.8M | — |
| 自由现金流率自由现金流/营收 | 6.4% | — |
| 资本支出强度资本支出/营收 | 0.2% | — |
| 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 | $23.8M | — |
8季度趋势，按日历期对齐
经营现金流ALTGRGLD
| Q4 25 | $33.9M | $241.7M | ||
| Q3 25 | $2.5M | $174.0M | ||
| Q2 25 | $14.1M | $152.8M | ||
| Q1 25 | $-17.5M | $136.4M | ||
| Q4 24 | $34.9M | $141.1M | ||
| Q3 24 | $46.3M | $136.7M | ||
| Q2 24 | $-10.7M | $113.5M | ||
| Q1 24 | $-13.5M | $138.3M |
自由现金流ALTGRGLD
| Q4 25 | $32.8M | — | ||
| Q3 25 | $-1.7M | — | ||
| Q2 25 | $11.9M | — | ||
| Q1 25 | $-19.2M | — | ||
| Q4 24 | $30.9M | — | ||
| Q3 24 | $42.1M | — | ||
| Q2 24 | $-13.5M | — | ||
| Q1 24 | $-17.9M | — |
自由现金流率ALTGRGLD
| Q4 25 | 6.4% | — | ||
| Q3 25 | -0.4% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | -4.5% | — | ||
| Q4 24 | 6.2% | — | ||
| Q3 24 | 9.4% | — | ||
| Q2 24 | -2.8% | — | ||
| Q1 24 | -4.1% | — |
资本支出强度ALTGRGLD
| Q4 25 | 0.2% | — | ||
| Q3 25 | 1.0% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.6% | — | ||
| Q1 24 | 1.0% | — |
现金转化率ALTGRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 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
ALTG
| New And Used Equipment Sales | $300.9M | 59% |
| Parts Sales | $68.1M | 13% |
| Services | $59.3M | 12% |
| Rental Equipment Sales | $38.0M | 7% |
| Design And Build Projects Automated Equipment Installation And System Integration Services | $18.5M | 4% |
| Design And Build Solutions Automated Equipment Installation And System Integration And Software Services | $14.6M | 3% |
| Master Distribution Segment | $14.0M | 3% |
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% |
