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ASTRONICS CORP（ATRO）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ASTRONICS CORP的1.6倍（$375.3M vs $240.1M），ROYAL GOLD INC同比增速更快（85.3% vs 15.1%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 13.9%）
Astronics Corporation是一家成立于1968年的美国航空航天电子企业，总部位于纽约州东奥罗拉，在纳斯达克上市，股票代码为ATRO。该公司专注于军用、商用及公务机的照明与电子系统集成业务，同时还提供半导体测试系统，在相关领域拥有较高知名度。
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。
ATRO vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.6倍
$240.1M
营收增速更快
RGLD
高出70.2%
15.1%
两年增速更快
RGLD
近两年复合增速
13.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $240.1M | $375.3M |
| 净利润 | — | $93.6M |
| 毛利率 | 33.3% | 64.6% |
| 营业利润率 | 14.8% | 56.2% |
| 净利率 | — | 24.9% |
| 营收同比 | 15.1% | 85.3% |
| 净利润同比 | — | -12.8% |
| 每股收益（稀释后） | $0.82 | $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ATRORGLD
| Q4 25 | $240.1M | $375.3M | ||
| Q3 25 | $211.4M | $252.1M | ||
| Q2 25 | $204.7M | $209.6M | ||
| Q1 25 | $205.9M | $193.4M | ||
| Q4 24 | $208.5M | $202.6M | ||
| Q3 24 | $203.7M | $193.8M | ||
| Q2 24 | $198.1M | $174.1M | ||
| Q1 24 | $185.1M | $148.9M |
净利润ATRORGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $-11.1M | $126.8M | ||
| Q2 25 | $1.3M | $132.3M | ||
| Q1 25 | $9.5M | $113.5M | ||
| Q4 24 | — | $107.4M | ||
| Q3 24 | $-11.7M | $96.2M | ||
| Q2 24 | $1.5M | $81.2M | ||
| Q1 24 | $-3.2M | $47.2M |
毛利率ATRORGLD
| Q4 25 | 33.3% | 64.6% | ||
| Q3 25 | 30.5% | 73.6% | ||
| Q2 25 | 25.8% | 72.6% | ||
| Q1 25 | 29.5% | 69.4% | ||
| Q4 24 | 29.8% | 70.3% | ||
| Q3 24 | 27.1% | 66.6% | ||
| Q2 24 | 28.0% | 64.7% | ||
| Q1 24 | 25.7% | 58.4% |
营业利润率ATRORGLD
| Q4 25 | 14.8% | 56.2% | ||
| Q3 25 | 10.9% | 64.4% | ||
| Q2 25 | 2.3% | 67.7% | ||
| Q1 25 | 6.4% | 63.6% | ||
| Q4 24 | 4.3% | 65.9% | ||
| Q3 24 | 4.1% | 61.3% | ||
| Q2 24 | 3.8% | 58.6% | ||
| Q1 24 | 0.9% | 50.7% |
净利率ATRORGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | -5.2% | 50.3% | ||
| Q2 25 | 0.6% | 63.1% | ||
| Q1 25 | 4.6% | 58.7% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | -5.8% | 49.7% | ||
| Q2 24 | 0.8% | 46.6% | ||
| Q1 24 | -1.7% | 31.7% |
每股收益（稀释后）ATRORGLD
| Q4 25 | $0.82 | $1.04 | ||
| Q3 25 | $-0.31 | $1.92 | ||
| Q2 25 | $0.04 | $2.01 | ||
| Q1 25 | $0.26 | $1.72 | ||
| Q4 24 | $-0.07 | $1.63 | ||
| Q3 24 | $-0.34 | $1.46 | ||
| Q2 24 | $0.04 | $1.23 | ||
| Q1 24 | $-0.09 | $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 | $18.2M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $140.1M | $7.2B |
| 总资产 | $706.7M | $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ATRORGLD
| Q4 25 | $18.2M | $233.7M | ||
| Q3 25 | $13.5M | $172.8M | ||
| Q2 25 | $13.5M | $248.2M | ||
| Q1 25 | $24.8M | $240.8M | ||
| Q4 24 | $9.3M | $195.5M | ||
| Q3 24 | $5.2M | $127.9M | ||
| Q2 24 | $2.9M | $74.2M | ||
| Q1 24 | $5.3M | $137.9M |
总债务ATRORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益ATRORGLD
| Q4 25 | $140.1M | $7.2B | ||
| Q3 25 | $108.9M | $3.4B | ||
| Q2 25 | $271.6M | $3.3B | ||
| Q1 25 | $266.8M | $3.2B | ||
| Q4 24 | $256.1M | $3.1B | ||
| Q3 24 | $249.2M | $3.0B | ||
| Q2 24 | $257.9M | $3.0B | ||
| Q1 24 | $251.7M | $2.9B |
总资产ATRORGLD
| Q4 25 | $706.7M | $9.5B | ||
| Q3 25 | $682.2M | $4.5B | ||
| Q2 25 | $646.7M | $3.6B | ||
| Q1 25 | $662.2M | $3.5B | ||
| Q4 24 | $648.8M | $3.4B | ||
| Q3 24 | $651.6M | $3.3B | ||
| Q2 24 | $644.9M | $3.3B | ||
| Q1 24 | $630.0M | $3.3B |
负债/权益比ATRORGLD
| 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 | $27.6M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $15.8M | — |
| 自由现金流率自由现金流/营收 | 6.6% | — |
| 资本支出强度资本支出/营收 | 4.9% | — |
| 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 | $43.1M | — |
8季度趋势，按日历期对齐
经营现金流ATRORGLD
| Q4 25 | $27.6M | $241.7M | ||
| Q3 25 | $34.2M | $174.0M | ||
| Q2 25 | $-7.6M | $152.8M | ||
| Q1 25 | $20.6M | $136.4M | ||
| Q4 24 | $26.4M | $141.1M | ||
| Q3 24 | $8.4M | $136.7M | ||
| Q2 24 | $-6.3M | $113.5M | ||
| Q1 24 | $2.0M | $138.3M |
自由现金流ATRORGLD
| Q4 25 | $15.8M | — | ||
| Q3 25 | $21.0M | — | ||
| Q2 25 | $-12.2M | — | ||
| Q1 25 | $18.5M | — | ||
| Q4 24 | $23.2M | — | ||
| Q3 24 | $6.5M | — | ||
| Q2 24 | $-8.1M | — | ||
| Q1 24 | $439.0K | — |
自由现金流率ATRORGLD
| Q4 25 | 6.6% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | -6.0% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 11.1% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | -4.1% | — | ||
| Q1 24 | 0.2% | — |
资本支出强度ATRORGLD
| Q4 25 | 4.9% | — | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 2.2% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.9% | — |
现金转化率ATRORGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | -5.81× | 1.15× | ||
| Q1 25 | 2.17× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | -4.08× | 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
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
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% |
