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Atmus Filtration Technologies Inc.（ATMU）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
Atmus Filtration Technologies Inc.的季度营收约是ROYAL GOLD INC的1.2倍（$446.6M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 10.7%，领先14.2%），ROYAL GOLD INC同比增速更快（85.3% vs 9.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 2.3%）
Atmus过滤技术公司是一家专业过滤解决方案提供商，研发、生产和销售空气、燃油、机油、液压等多场景过滤系统，服务全球汽车、重型车辆、工业设备、航空航天领域的原厂配套及售后替换市场。
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。
ATMU vs RGLD — 直观对比
营收规模更大
ATMU
是对方的1.2倍
$375.3M
营收增速更快
RGLD
高出75.5%
9.8%
净利率更高
RGLD
高出14.2%
10.7%
两年增速更快
RGLD
近两年复合增速
2.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $446.6M | $375.3M |
| 净利润 | $48.0M | $93.6M |
| 毛利率 | 28.5% | 64.6% |
| 营业利润率 | 15.8% | 56.2% |
| 净利率 | 10.7% | 24.9% |
| 营收同比 | 9.8% | 85.3% |
| 净利润同比 | 19.7% | -12.8% |
| 每股收益（稀释后） | $0.58 | $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ATMURGLD
| Q4 25 | $446.6M | $375.3M | ||
| Q3 25 | $447.7M | $252.1M | ||
| Q2 25 | $453.5M | $209.6M | ||
| Q1 25 | $416.5M | $193.4M | ||
| Q4 24 | $406.7M | $202.6M | ||
| Q3 24 | $403.7M | $193.8M | ||
| Q2 24 | $432.6M | $174.1M | ||
| Q1 24 | $426.6M | $148.9M |
净利润ATMURGLD
| Q4 25 | $48.0M | $93.6M | ||
| Q3 25 | $54.8M | $126.8M | ||
| Q2 25 | $59.9M | $132.3M | ||
| Q1 25 | $44.7M | $113.5M | ||
| Q4 24 | $40.1M | $107.4M | ||
| Q3 24 | $43.8M | $96.2M | ||
| Q2 24 | $56.2M | $81.2M | ||
| Q1 24 | $45.5M | $47.2M |
毛利率ATMURGLD
| Q4 25 | 28.5% | 64.6% | ||
| Q3 25 | 28.9% | 73.6% | ||
| Q2 25 | 28.9% | 72.6% | ||
| Q1 25 | 26.5% | 69.4% | ||
| Q4 24 | 26.3% | 70.3% | ||
| Q3 24 | 27.6% | 66.6% | ||
| Q2 24 | 30.5% | 64.7% | ||
| Q1 24 | 26.2% | 58.4% |
营业利润率ATMURGLD
| Q4 25 | 15.8% | 56.2% | ||
| Q3 25 | 18.3% | 64.4% | ||
| Q2 25 | 18.0% | 67.7% | ||
| Q1 25 | 15.6% | 63.6% | ||
| Q4 24 | 13.4% | 65.9% | ||
| Q3 24 | 15.7% | 61.3% | ||
| Q2 24 | 18.4% | 58.6% | ||
| Q1 24 | 16.1% | 50.7% |
净利率ATMURGLD
| Q4 25 | 10.7% | 24.9% | ||
| Q3 25 | 12.2% | 50.3% | ||
| Q2 25 | 13.2% | 63.1% | ||
| Q1 25 | 10.7% | 58.7% | ||
| Q4 24 | 9.9% | 53.0% | ||
| Q3 24 | 10.8% | 49.7% | ||
| Q2 24 | 13.0% | 46.6% | ||
| Q1 24 | 10.7% | 31.7% |
每股收益（稀释后）ATMURGLD
| Q4 25 | $0.58 | $1.04 | ||
| Q3 25 | $0.66 | $1.92 | ||
| Q2 25 | $0.72 | $2.01 | ||
| Q1 25 | $0.54 | $1.72 | ||
| Q4 24 | $0.49 | $1.63 | ||
| Q3 24 | $0.52 | $1.46 | ||
| Q2 24 | $0.67 | $1.23 | ||
| Q1 24 | $0.54 | $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 | $236.4M | $233.7M |
| 总债务越低越好 | $570.0M | — |
| 股东权益账面价值 | $378.5M | $7.2B |
| 总资产 | $1.4B | $9.5B |
| 负债/权益比越低杠杆越低 | 1.51× | — |
8季度趋势，按日历期对齐
现金及短期投资ATMURGLD
| Q4 25 | $236.4M | $233.7M | ||
| Q3 25 | $218.3M | $172.8M | ||
| Q2 25 | $190.8M | $248.2M | ||
| Q1 25 | $183.3M | $240.8M | ||
| Q4 24 | $184.3M | $195.5M | ||
| Q3 24 | $196.8M | $127.9M | ||
| Q2 24 | $160.5M | $74.2M | ||
| Q1 24 | $149.2M | $137.9M |
总债务ATMURGLD
| Q4 25 | $570.0M | — | ||
| Q3 25 | $577.5M | — | ||
| Q2 25 | $585.0M | — | ||
| Q1 25 | $588.8M | — | ||
| Q4 24 | $592.5M | — | ||
| Q3 24 | $596.2M | $0 | ||
| Q2 24 | $600.0M | $50.0M | ||
| Q1 24 | $600.0M | — |
股东权益ATMURGLD
| Q4 25 | $378.5M | $7.2B | ||
| Q3 25 | $336.7M | $3.4B | ||
| Q2 25 | $316.3M | $3.3B | ||
| Q1 25 | $265.3M | $3.2B | ||
| Q4 24 | $227.4M | $3.1B | ||
| Q3 24 | $221.2M | $3.0B | ||
| Q2 24 | $178.1M | $3.0B | ||
| Q1 24 | $121.8M | $2.9B |
总资产ATMURGLD
| Q4 25 | $1.4B | $9.5B | ||
| Q3 25 | $1.3B | $4.5B | ||
| Q2 25 | $1.3B | $3.6B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.2B | $3.4B | ||
| Q3 24 | $1.2B | $3.3B | ||
| Q2 24 | $1.2B | $3.3B | ||
| Q1 24 | $1.1B | $3.3B |
负债/权益比ATMURGLD
| Q4 25 | 1.51× | — | ||
| Q3 25 | 1.72× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 2.22× | — | ||
| Q4 24 | 2.61× | — | ||
| Q3 24 | 2.70× | 0.00× | ||
| Q2 24 | 3.37× | 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 | $47.5M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $31.2M | — |
| 自由现金流率自由现金流/营收 | 7.0% | — |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 现金转化率经营现金流/净利润 | 0.99× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $148.8M | — |
8季度趋势，按日历期对齐
经营现金流ATMURGLD
| Q4 25 | $47.5M | $241.7M | ||
| Q3 25 | $82.1M | $174.0M | ||
| Q2 25 | $44.4M | $152.8M | ||
| Q1 25 | $28.7M | $136.4M | ||
| Q4 24 | $20.0M | $141.1M | ||
| Q3 24 | $70.7M | $136.7M | ||
| Q2 24 | $22.9M | $113.5M | ||
| Q1 24 | $-8.2M | $138.3M |
自由现金流ATMURGLD
| Q4 25 | $31.2M | — | ||
| Q3 25 | $68.9M | — | ||
| Q2 25 | $32.4M | — | ||
| Q1 25 | $16.3M | — | ||
| Q4 24 | $10.0M | — | ||
| Q3 24 | $54.3M | — | ||
| Q2 24 | $11.3M | — | ||
| Q1 24 | $-18.8M | — |
自由现金流率ATMURGLD
| Q4 25 | 7.0% | — | ||
| Q3 25 | 15.4% | — | ||
| Q2 25 | 7.1% | — | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 13.5% | — | ||
| Q2 24 | 2.6% | — | ||
| Q1 24 | -4.4% | — |
资本支出强度ATMURGLD
| Q4 25 | 3.6% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | 2.5% | — |
现金转化率ATMURGLD
| Q4 25 | 0.99× | 2.58× | ||
| Q3 25 | 1.50× | 1.37× | ||
| Q2 25 | 0.74× | 1.15× | ||
| Q1 25 | 0.64× | 1.20× | ||
| Q4 24 | 0.50× | 1.31× | ||
| Q3 24 | 1.61× | 1.42× | ||
| Q2 24 | 0.41× | 1.40× | ||
| Q1 24 | -0.18× | 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
ATMU
| Fuel Products | $219.1M | 49% |
| Lube | $84.8M | 19% |
| Air | $74.0M | 17% |
| Other | $68.7M | 15% |
| Related Party | $14.9M | 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% |
