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AZZ INC（AZZ）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
AZZ INC的季度营收约是ROYAL GOLD INC的1.0倍（$385.1M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 4.1%，领先20.8%），ROYAL GOLD INC同比增速更快（85.3% vs 9.4%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -3.5%）
AZZ公司是全球领先的金属防护解决方案供应商，主营热浸镀锌、表面涂层处理服务及特种电气、工业零部件，主要服务于北美及其他核心国际市场的建筑、能源、基建、制造等下游领域。
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。
AZZ vs RGLD — 直观对比
营收规模更大
AZZ
是对方的1.0倍
$375.3M
营收增速更快
RGLD
高出75.8%
9.4%
净利率更高
RGLD
高出20.8%
4.1%
两年增速更快
RGLD
近两年复合增速
-3.5%
损益表 — Q4 FY2027 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $385.1M | $375.3M |
| 净利润 | $15.9M | $93.6M |
| 毛利率 | 22.7% | 64.6% |
| 营业利润率 | 14.8% | 56.2% |
| 净利率 | 4.1% | 24.9% |
| 营收同比 | 9.4% | 85.3% |
| 净利润同比 | 146.3% | -12.8% |
| 每股收益（稀释后） | $0.53 | $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AZZRGLD
| Q4 26 | $385.1M | — | ||
| Q4 25 | $425.7M | $375.3M | ||
| Q3 25 | $417.3M | $252.1M | ||
| Q2 25 | $422.0M | $209.6M | ||
| Q1 25 | $351.9M | $193.4M | ||
| Q4 24 | $403.7M | $202.6M | ||
| Q3 24 | $409.0M | $193.8M | ||
| Q2 24 | $413.2M | $174.1M |
净利润AZZRGLD
| Q4 26 | $15.9M | — | ||
| Q4 25 | $41.1M | $93.6M | ||
| Q3 25 | $89.3M | $126.8M | ||
| Q2 25 | $170.9M | $132.3M | ||
| Q1 25 | $20.2M | $113.5M | ||
| Q4 24 | $33.6M | $107.4M | ||
| Q3 24 | $35.4M | $96.2M | ||
| Q2 24 | $39.6M | $81.2M |
毛利率AZZRGLD
| Q4 26 | 22.7% | — | ||
| Q4 25 | 23.9% | 64.6% | ||
| Q3 25 | 24.3% | 73.6% | ||
| Q2 25 | 24.7% | 72.6% | ||
| Q1 25 | 22.4% | 69.4% | ||
| Q4 24 | 24.2% | 70.3% | ||
| Q3 24 | 25.3% | 66.6% | ||
| Q2 24 | 24.8% | 64.7% |
营业利润率AZZRGLD
| Q4 26 | 14.8% | — | ||
| Q4 25 | 16.3% | 56.2% | ||
| Q3 25 | 16.4% | 64.4% | ||
| Q2 25 | 16.5% | 67.7% | ||
| Q1 25 | 11.5% | 63.6% | ||
| Q4 24 | 14.5% | 65.9% | ||
| Q3 24 | 16.5% | 61.3% | ||
| Q2 24 | 16.9% | 58.6% |
净利率AZZRGLD
| Q4 26 | 4.1% | — | ||
| Q4 25 | 9.6% | 24.9% | ||
| Q3 25 | 21.4% | 50.3% | ||
| Q2 25 | 40.5% | 63.1% | ||
| Q1 25 | 5.7% | 58.7% | ||
| Q4 24 | 8.3% | 53.0% | ||
| Q3 24 | 8.7% | 49.7% | ||
| Q2 24 | 9.6% | 46.6% |
每股收益（稀释后）AZZRGLD
| Q4 26 | $0.53 | — | ||
| Q4 25 | $1.36 | $1.04 | ||
| Q3 25 | $2.95 | $1.92 | ||
| Q2 25 | $5.66 | $2.01 | ||
| Q1 25 | $0.87 | $1.72 | ||
| Q4 24 | $1.12 | $1.63 | ||
| Q3 24 | $1.18 | $1.46 | ||
| Q2 24 | $-1.38 | $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 | — | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $7.2B |
| 总资产 | $2.2B | $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AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | $623.0K | $233.7M | ||
| Q3 25 | $897.0K | $172.8M | ||
| Q2 25 | $3.0M | $248.2M | ||
| Q1 25 | $1.5M | $240.8M | ||
| Q4 24 | $1.5M | $195.5M | ||
| Q3 24 | $2.2M | $127.9M | ||
| Q2 24 | $10.5M | $74.2M |
总债务AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益AZZRGLD
| Q4 26 | $1.3B | — | ||
| Q4 25 | $1.3B | $7.2B | ||
| Q3 25 | $1.3B | $3.4B | ||
| Q2 25 | $1.2B | $3.3B | ||
| Q1 25 | $1.0B | $3.2B | ||
| Q4 24 | $1.0B | $3.1B | ||
| Q3 24 | $999.8M | $3.0B | ||
| Q2 24 | $967.2M | $3.0B |
总资产AZZRGLD
| Q4 26 | $2.2B | — | ||
| Q4 25 | $2.2B | $9.5B | ||
| Q3 25 | $2.2B | $4.5B | ||
| Q2 25 | $2.2B | $3.6B | ||
| Q1 25 | $2.2B | $3.5B | ||
| Q4 24 | $2.2B | $3.4B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.2B | $3.3B |
负债/权益比AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| 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 | $525.4M | $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 | — | — |
| 现金转化率经营现金流/净利润 | 32.98× | 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AZZRGLD
| Q4 26 | $525.4M | — | ||
| Q4 25 | $79.7M | $241.7M | ||
| Q3 25 | $58.4M | $174.0M | ||
| Q2 25 | $314.8M | $152.8M | ||
| Q1 25 | — | $136.4M | ||
| Q4 24 | $66.2M | $141.1M | ||
| Q3 24 | $47.5M | $136.7M | ||
| Q2 24 | $71.9M | $113.5M |
自由现金流AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | $61.2M | — | ||
| Q3 25 | $39.1M | — | ||
| Q2 25 | $293.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $39.7M | — | ||
| Q3 24 | $15.4M | — | ||
| Q2 24 | $44.5M | — |
自由现金流率AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | 14.4% | — | ||
| Q3 25 | 9.4% | — | ||
| Q2 25 | 69.6% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 9.8% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 10.8% | — |
资本支出强度AZZRGLD
| Q4 26 | — | — | ||
| Q4 25 | 4.4% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.0% | — | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 7.8% | — | ||
| Q2 24 | 6.6% | — |
现金转化率AZZRGLD
| Q4 26 | 32.98× | — | ||
| Q4 25 | 1.94× | 2.58× | ||
| Q3 25 | 0.65× | 1.37× | ||
| Q2 25 | 1.84× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 1.97× | 1.31× | ||
| Q3 24 | 1.34× | 1.42× | ||
| Q2 24 | 1.82× | 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
AZZ
| Precoat Metals | $198.6M | 52% |
| Metal Coatings | $186.5M | 48% |
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% |
