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APOGEE ENTERPRISES, INC.（APOG）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APOGEE ENTERPRISES, INC.的1.1倍（$375.3M vs $351.4M），ROYAL GOLD INC净利率更高（24.9% vs 4.7%，领先20.2%），ROYAL GOLD INC同比增速更快（85.3% vs 1.6%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 2.9%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
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。
APOG vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.1倍
$351.4M
营收增速更快
RGLD
高出83.7%
1.6%
净利率更高
RGLD
高出20.2%
4.7%
两年增速更快
RGLD
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $375.3M |
| 净利润 | $16.6M | $93.6M |
| 毛利率 | 22.4% | 64.6% |
| 营业利润率 | 7.3% | 56.2% |
| 净利率 | 4.7% | 24.9% |
| 营收同比 | 1.6% | 85.3% |
| 净利润同比 | 568.8% | -12.8% |
| 每股收益（稀释后） | $0.78 | $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APOGRGLD
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $375.3M | ||
| Q3 25 | $358.2M | $252.1M | ||
| Q2 25 | $346.6M | $209.6M | ||
| Q1 25 | $345.7M | $193.4M | ||
| Q4 24 | $341.3M | $202.6M | ||
| Q3 24 | $342.4M | $193.8M | ||
| Q2 24 | $331.5M | $174.1M |
净利润APOGRGLD
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $93.6M | ||
| Q3 25 | $23.6M | $126.8M | ||
| Q2 25 | $-2.7M | $132.3M | ||
| Q1 25 | $2.5M | $113.5M | ||
| Q4 24 | $21.0M | $107.4M | ||
| Q3 24 | $30.6M | $96.2M | ||
| Q2 24 | $31.0M | $81.2M |
毛利率APOGRGLD
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 64.6% | ||
| Q3 25 | 23.1% | 73.6% | ||
| Q2 25 | 21.7% | 72.6% | ||
| Q1 25 | 21.6% | 69.4% | ||
| Q4 24 | 26.1% | 70.3% | ||
| Q3 24 | 28.4% | 66.6% | ||
| Q2 24 | 29.8% | 64.7% |
营业利润率APOGRGLD
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 56.2% | ||
| Q3 25 | 7.5% | 64.4% | ||
| Q2 25 | 2.0% | 67.7% | ||
| Q1 25 | 1.8% | 63.6% | ||
| Q4 24 | 8.4% | 65.9% | ||
| Q3 24 | 12.3% | 61.3% | ||
| Q2 24 | 12.5% | 58.6% |
净利率APOGRGLD
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 24.9% | ||
| Q3 25 | 6.6% | 50.3% | ||
| Q2 25 | -0.8% | 63.1% | ||
| Q1 25 | 0.7% | 58.7% | ||
| Q4 24 | 6.1% | 53.0% | ||
| Q3 24 | 8.9% | 49.7% | ||
| Q2 24 | 9.4% | 46.6% |
每股收益（稀释后）APOGRGLD
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $1.04 | ||
| Q3 25 | $1.10 | $1.92 | ||
| Q2 25 | $-0.13 | $2.01 | ||
| Q1 25 | $0.12 | $1.72 | ||
| Q4 24 | $0.96 | $1.63 | ||
| Q3 24 | $1.40 | $1.46 | ||
| Q2 24 | $1.41 | $1.23 |
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 | $39.5M | $233.7M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $7.2B |
| 总资产 | $1.1B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资APOGRGLD
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $233.7M | ||
| Q3 25 | $39.5M | $172.8M | ||
| Q2 25 | $32.8M | $248.2M | ||
| Q1 25 | $41.4M | $240.8M | ||
| Q4 24 | $43.9M | $195.5M | ||
| Q3 24 | $51.0M | $127.9M | ||
| Q2 24 | $30.4M | $74.2M |
总债务APOGRGLD
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益APOGRGLD
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $7.2B | ||
| Q3 25 | $500.2M | $3.4B | ||
| Q2 25 | $481.8M | $3.3B | ||
| Q1 25 | $487.9M | $3.2B | ||
| Q4 24 | $522.1M | $3.1B | ||
| Q3 24 | $506.4M | $3.0B | ||
| Q2 24 | $480.0M | $3.0B |
总资产APOGRGLD
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $9.5B | ||
| Q3 25 | $1.2B | $4.5B | ||
| Q2 25 | $1.2B | $3.6B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.2B | $3.4B | ||
| Q3 24 | $917.1M | $3.3B | ||
| Q2 24 | $889.0M | $3.3B |
负债/权益比APOGRGLD
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× |
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 | $122.5M | $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 | 7.8% | — |
| 现金转化率经营现金流/净利润 | 7.37× | 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APOGRGLD
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $241.7M | ||
| Q3 25 | $57.1M | $174.0M | ||
| Q2 25 | $-19.8M | $152.8M | ||
| Q1 25 | $30.0M | $136.4M | ||
| Q4 24 | $31.0M | $141.1M | ||
| Q3 24 | $58.7M | $136.7M | ||
| Q2 24 | $5.5M | $113.5M |
自由现金流APOGRGLD
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | — | ||
| Q2 25 | $-26.9M | — | ||
| Q1 25 | $19.1M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $-1.8M | — |
自由现金流率APOGRGLD
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | -7.8% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | -0.5% | — |
资本支出强度APOGRGLD
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.2% | — |
现金转化率APOGRGLD
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 2.58× | ||
| Q3 25 | 2.41× | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | 12.08× | 1.20× | ||
| Q4 24 | 1.48× | 1.31× | ||
| Q3 24 | 1.92× | 1.42× | ||
| Q2 24 | 0.18× | 1.40× |
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
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
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% |
