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BARRETT BUSINESS SERVICES INC（BBSI）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BARRETT BUSINESS SERVICES INC的1.2倍（$375.3M vs $321.1M），ROYAL GOLD INC净利率更高（24.9% vs 5.1%，领先19.8%），ROYAL GOLD INC同比增速更快（85.3% vs 5.3%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 9.9%）
巴雷特枪械制造公司是一家由澳大利亚控股的美国枪械弹药制造商，总部位于田纳西州克里斯蒂安娜。公司由罗尼·G·巴雷特于1982年创立，最初的业务是研发适配.50 BMG弹药的半自动步枪，该弹药原本为勃朗宁M2重机枪研发设计，公司推出的首款成品枪械即为M82狙击步枪。
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。
BBSI vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.2倍
$321.1M
营收增速更快
RGLD
高出79.9%
5.3%
净利率更高
RGLD
高出19.8%
5.1%
两年增速更快
RGLD
近两年复合增速
9.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $321.1M | $375.3M |
| 净利润 | $16.4M | $93.6M |
| 毛利率 | 21.3% | 64.6% |
| 营业利润率 | 5.8% | 56.2% |
| 净利率 | 5.1% | 24.9% |
| 营收同比 | 5.3% | 85.3% |
| 净利润同比 | -2.4% | -12.8% |
| 每股收益（稀释后） | $0.63 | $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BBSIRGLD
| Q4 25 | $321.1M | $375.3M | ||
| Q3 25 | $318.9M | $252.1M | ||
| Q2 25 | $307.7M | $209.6M | ||
| Q1 25 | $292.6M | $193.4M | ||
| Q4 24 | $304.8M | $202.6M | ||
| Q3 24 | $294.3M | $193.8M | ||
| Q2 24 | $279.7M | $174.1M | ||
| Q1 24 | $265.8M | $148.9M |
净利润BBSIRGLD
| Q4 25 | $16.4M | $93.6M | ||
| Q3 25 | $20.6M | $126.8M | ||
| Q2 25 | $18.5M | $132.3M | ||
| Q1 25 | $-1.0M | $113.5M | ||
| Q4 24 | $16.8M | $107.4M | ||
| Q3 24 | $19.6M | $96.2M | ||
| Q2 24 | $16.7M | $81.2M | ||
| Q1 24 | $-136.0K | $47.2M |
毛利率BBSIRGLD
| Q4 25 | 21.3% | 64.6% | ||
| Q3 25 | 24.1% | 73.6% | ||
| Q2 25 | 23.8% | 72.6% | ||
| Q1 25 | 14.6% | 69.4% | ||
| Q4 24 | 23.4% | 70.3% | ||
| Q3 24 | 25.3% | 66.6% | ||
| Q2 24 | 24.3% | 64.7% | ||
| Q1 24 | 14.9% | 58.4% |
营业利润率BBSIRGLD
| Q4 25 | 5.8% | 56.2% | ||
| Q3 25 | 7.8% | 64.4% | ||
| Q2 25 | 7.5% | 67.7% | ||
| Q1 25 | -1.4% | 63.6% | ||
| Q4 24 | 6.8% | 65.9% | ||
| Q3 24 | 8.0% | 61.3% | ||
| Q2 24 | 7.3% | 58.6% | ||
| Q1 24 | -1.8% | 50.7% |
净利率BBSIRGLD
| Q4 25 | 5.1% | 24.9% | ||
| Q3 25 | 6.5% | 50.3% | ||
| Q2 25 | 6.0% | 63.1% | ||
| Q1 25 | -0.3% | 58.7% | ||
| Q4 24 | 5.5% | 53.0% | ||
| Q3 24 | 6.7% | 49.7% | ||
| Q2 24 | 6.0% | 46.6% | ||
| Q1 24 | -0.1% | 31.7% |
每股收益（稀释后）BBSIRGLD
| Q4 25 | $0.63 | $1.04 | ||
| Q3 25 | $0.79 | $1.92 | ||
| Q2 25 | $0.70 | $2.01 | ||
| Q1 25 | $-0.04 | $1.72 | ||
| Q4 24 | $0.63 | $1.63 | ||
| Q3 24 | $0.74 | $1.46 | ||
| Q2 24 | $0.62 | $1.23 | ||
| Q1 24 | $-0.01 | $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 | $157.2M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $241.0M | $7.2B |
| 总资产 | $779.1M | $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BBSIRGLD
| Q4 25 | $157.2M | $233.7M | ||
| Q3 25 | $109.8M | $172.8M | ||
| Q2 25 | $90.4M | $248.2M | ||
| Q1 25 | $99.1M | $240.8M | ||
| Q4 24 | $121.9M | $195.5M | ||
| Q3 24 | $14.4M | $127.9M | ||
| Q2 24 | $40.3M | $74.2M | ||
| Q1 24 | $51.3M | $137.9M |
总债务BBSIRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益BBSIRGLD
| Q4 25 | $241.0M | $7.2B | ||
| Q3 25 | $240.1M | $3.4B | ||
| Q2 25 | $225.8M | $3.3B | ||
| Q1 25 | $213.4M | $3.2B | ||
| Q4 24 | $221.4M | $3.1B | ||
| Q3 24 | $215.4M | $3.0B | ||
| Q2 24 | $199.0M | $3.0B | ||
| Q1 24 | $189.6M | $2.9B |
总资产BBSIRGLD
| Q4 25 | $779.1M | $9.5B | ||
| Q3 25 | $777.9M | $4.5B | ||
| Q2 25 | $713.6M | $3.6B | ||
| Q1 25 | $778.6M | $3.5B | ||
| Q4 24 | $745.5M | $3.4B | ||
| Q3 24 | $725.8M | $3.3B | ||
| Q2 24 | $688.6M | $3.3B | ||
| Q1 24 | $747.8M | $3.3B |
负债/权益比BBSIRGLD
| 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 | $76.1M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $70.6M | — |
| 自由现金流率自由现金流/营收 | 22.0% | — |
| 资本支出强度资本支出/营收 | 1.7% | — |
| 现金转化率经营现金流/净利润 | 4.64× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $47.2M | — |
8季度趋势，按日历期对齐
经营现金流BBSIRGLD
| Q4 25 | $76.1M | $241.7M | ||
| Q3 25 | $38.4M | $174.0M | ||
| Q2 25 | $-53.8M | $152.8M | ||
| Q1 25 | $5.2M | $136.4M | ||
| Q4 24 | $53.4M | $141.1M | ||
| Q3 24 | $-935.0K | $136.7M | ||
| Q2 24 | $-51.3M | $113.5M | ||
| Q1 24 | $9.0M | $138.3M |
自由现金流BBSIRGLD
| Q4 25 | $70.6M | — | ||
| Q3 25 | $34.1M | — | ||
| Q2 25 | $-58.2M | — | ||
| Q1 25 | $697.0K | — | ||
| Q4 24 | $50.2M | — | ||
| Q3 24 | $-4.2M | — | ||
| Q2 24 | $-56.3M | — | ||
| Q1 24 | $6.2M | — |
自由现金流率BBSIRGLD
| Q4 25 | 22.0% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | -18.9% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 16.5% | — | ||
| Q3 24 | -1.4% | — | ||
| Q2 24 | -20.1% | — | ||
| Q1 24 | 2.3% | — |
资本支出强度BBSIRGLD
| Q4 25 | 1.7% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.4% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.0% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.8% | — | ||
| Q1 24 | 1.0% | — |
现金转化率BBSIRGLD
| Q4 25 | 4.64× | 2.58× | ||
| Q3 25 | 1.86× | 1.37× | ||
| Q2 25 | -2.92× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 3.18× | 1.31× | ||
| Q3 24 | -0.05× | 1.42× | ||
| Q2 24 | -3.07× | 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
BBSI
| Professional Employer Services | $303.6M | 95% |
| Staffing Services | $17.6M | 5% |
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% |
