vs
普立万（AVNT）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
普立万的季度营收约是ROYAL GOLD INC的1.6倍（$760.6M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 2.2%，领先57.8%），ROYAL GOLD INC同比增速更快（142.6% vs 1.9%），ROYAL GOLD INC自由现金流更多（$278.9M vs $125.4M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs -4.2%）
普立万公司是一家全球性材料解决方案供应商，总部位于美国俄亥俄州埃文湖，全球员工约9000人。主营产品涵盖色母粒、先进复合材料、功能添加剂以及工程材料，为多行业客户提供定制化的材料相关技术支持与解决方案。
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。
AVNT vs RGLD — 直观对比
营收规模更大
AVNT
是对方的1.6倍
$469.1M
营收增速更快
RGLD
高出140.7%
1.9%
净利率更高
RGLD
高出57.8%
2.2%
自由现金流更多
RGLD
多$153.5M
$125.4M
两年增速更快
RGLD
近两年复合增速
-4.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $760.6M | $469.1M |
| 净利润 | $16.9M | $281.7M |
| 毛利率 | 30.2% | — |
| 营业利润率 | 5.2% | 63.3% |
| 净利率 | 2.2% | 60.0% |
| 营收同比 | 1.9% | 142.6% |
| 净利润同比 | -65.0% | 147.7% |
| 每股收益（稀释后） | $0.18 | $3.30 |
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AVNTRGLD
| Q1 26 | — | $469.1M | ||
| Q4 25 | $760.6M | $375.3M | ||
| Q3 25 | $806.5M | $252.1M | ||
| Q2 25 | $866.5M | $209.6M | ||
| Q1 25 | $826.6M | $193.4M | ||
| Q4 24 | $746.5M | $202.6M | ||
| Q3 24 | $815.2M | $193.8M | ||
| Q2 24 | $849.7M | $174.1M |
净利润AVNTRGLD
| Q1 26 | — | $281.7M | ||
| Q4 25 | $16.9M | $93.6M | ||
| Q3 25 | $32.6M | $126.8M | ||
| Q2 25 | $52.6M | $132.3M | ||
| Q1 25 | $-20.2M | $113.5M | ||
| Q4 24 | $48.3M | $107.4M | ||
| Q3 24 | $38.2M | $96.2M | ||
| Q2 24 | $33.6M | $81.2M |
毛利率AVNTRGLD
| Q1 26 | — | — | ||
| Q4 25 | 30.2% | 64.6% | ||
| Q3 25 | 30.4% | 73.6% | ||
| Q2 25 | 32.1% | 72.6% | ||
| Q1 25 | 31.8% | 69.4% | ||
| Q4 24 | 34.8% | 70.3% | ||
| Q3 24 | 32.1% | 66.6% | ||
| Q2 24 | 30.3% | 64.7% |
营业利润率AVNTRGLD
| Q1 26 | — | 63.3% | ||
| Q4 25 | 5.2% | 56.2% | ||
| Q3 25 | 8.3% | 64.4% | ||
| Q2 25 | 11.1% | 67.7% | ||
| Q1 25 | 0.1% | 63.6% | ||
| Q4 24 | 11.5% | 65.9% | ||
| Q3 24 | 9.5% | 61.3% | ||
| Q2 24 | 8.5% | 58.6% |
净利率AVNTRGLD
| Q1 26 | — | 60.0% | ||
| Q4 25 | 2.2% | 24.9% | ||
| Q3 25 | 4.0% | 50.3% | ||
| Q2 25 | 6.1% | 63.1% | ||
| Q1 25 | -2.4% | 58.7% | ||
| Q4 24 | 6.5% | 53.0% | ||
| Q3 24 | 4.7% | 49.7% | ||
| Q2 24 | 4.0% | 46.6% |
每股收益（稀释后）AVNTRGLD
| Q1 26 | — | $3.30 | ||
| Q4 25 | $0.18 | $1.04 | ||
| Q3 25 | $0.36 | $1.92 | ||
| Q2 25 | $0.57 | $2.01 | ||
| Q1 25 | $-0.22 | $1.72 | ||
| Q4 24 | $0.53 | $1.63 | ||
| Q3 24 | $0.41 | $1.46 | ||
| Q2 24 | $0.36 | $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 | — | $234.1M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $2.4B | $7.5B |
| 总资产 | $6.0B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资AVNTRGLD
| Q1 26 | — | $234.1M | ||
| Q4 25 | — | $233.7M | ||
| Q3 25 | — | $172.8M | ||
| Q2 25 | — | $248.2M | ||
| Q1 25 | — | $240.8M | ||
| Q4 24 | — | $195.5M | ||
| Q3 24 | — | $127.9M | ||
| Q2 24 | — | $74.2M |
总债务AVNTRGLD
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.1B | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | $2.1B | $0 | ||
| Q2 24 | $2.1B | $50.0M |
股东权益AVNTRGLD
| Q1 26 | — | $7.5B | ||
| Q4 25 | $2.4B | $7.2B | ||
| Q3 25 | $2.4B | $3.4B | ||
| Q2 25 | $2.4B | $3.3B | ||
| Q1 25 | $2.3B | $3.2B | ||
| Q4 24 | $2.3B | $3.1B | ||
| Q3 24 | $2.4B | $3.0B | ||
| Q2 24 | $2.3B | $3.0B |
总资产AVNTRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $6.0B | $9.5B | ||
| Q3 25 | $6.1B | $4.5B | ||
| Q2 25 | $6.1B | $3.6B | ||
| Q1 25 | $5.8B | $3.5B | ||
| Q4 24 | $5.8B | $3.4B | ||
| Q3 24 | $6.0B | $3.3B | ||
| Q2 24 | $5.9B | $3.3B |
负债/权益比AVNTRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | 0.86× | — | ||
| Q1 25 | 0.90× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.88× | 0.00× | ||
| Q2 24 | 0.90× | 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 | $167.8M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $125.4M | $278.9M |
| 自由现金流率自由现金流/营收 | 16.5% | 59.4% |
| 资本支出强度资本支出/营收 | 5.6% | — |
| 现金转化率经营现金流/净利润 | 9.93× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $195.0M | — |
8季度趋势，按日历期对齐
经营现金流AVNTRGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | $167.8M | $241.7M | ||
| Q3 25 | $72.1M | $174.0M | ||
| Q2 25 | $112.8M | $152.8M | ||
| Q1 25 | $-51.1M | $136.4M | ||
| Q4 24 | $122.6M | $141.1M | ||
| Q3 24 | $71.1M | $136.7M | ||
| Q2 24 | $105.9M | $113.5M |
自由现金流AVNTRGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $125.4M | — | ||
| Q3 25 | $47.4M | — | ||
| Q2 25 | $85.8M | — | ||
| Q1 25 | $-63.6M | — | ||
| Q4 24 | $81.5M | — | ||
| Q3 24 | $46.1M | — | ||
| Q2 24 | $74.5M | — |
自由现金流率AVNTRGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | 16.5% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 9.9% | — | ||
| Q1 25 | -7.7% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | 8.8% | — |
资本支出强度AVNTRGLD
| Q1 26 | — | — | ||
| Q4 25 | 5.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 3.1% | — | ||
| Q2 24 | 3.7% | — |
现金转化率AVNTRGLD
| Q1 26 | — | 1.04× | ||
| Q4 25 | 9.93× | 2.58× | ||
| Q3 25 | 2.21× | 1.37× | ||
| Q2 25 | 2.14× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 2.54× | 1.31× | ||
| Q3 24 | 1.86× | 1.42× | ||
| Q2 24 | 3.15× | 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
AVNT
| Color Additives And Inks | $466.0M | 61% |
| Specialty Engineered Materials | $295.5M | 39% |
RGLD
| North America | $258.0M | 55% |
| South and Central America | $110.2M | 23% |
| Europe, Middle East, Africa (EMEA) | $84.8M | 18% |
| Australia Pacific | $16.1M | 3% |
