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BRIGHT HORIZONS FAMILY SOLUTIONS INC.（BFAM）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
BRIGHT HORIZONS FAMILY SOLUTIONS INC.的季度营收约是ROYAL GOLD INC的2.0倍（$733.7M vs $375.3M），ROYAL GOLD INC同比增速更快（85.3% vs 8.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 8.5%）
Bright Horizons Family Solutions总部位于美国马萨诸塞州牛顿市，是美国规模最大的雇主赞助育儿服务运营商，除核心育儿服务外，还提供备用育儿、老人照护、学费项目管理、教育咨询、学生贷款偿还方案等多元服务，覆盖企业员工福利及教育支持领域。
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。
BFAM vs RGLD — 直观对比
营收规模更大
BFAM
是对方的2.0倍
$375.3M
营收增速更快
RGLD
高出76.5%
8.8%
两年增速更快
RGLD
近两年复合增速
8.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $733.7M | $375.3M |
| 净利润 | — | $93.6M |
| 毛利率 | 19.3% | 64.6% |
| 营业利润率 | 6.2% | 56.2% |
| 净利率 | — | 24.9% |
| 营收同比 | 8.8% | 85.3% |
| 净利润同比 | — | -12.8% |
| 每股收益（稀释后） | $0.38 | $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BFAMRGLD
| Q4 25 | $733.7M | $375.3M | ||
| Q3 25 | $802.8M | $252.1M | ||
| Q2 25 | $731.6M | $209.6M | ||
| Q1 25 | $665.5M | $193.4M | ||
| Q4 24 | $674.1M | $202.6M | ||
| Q3 24 | $719.1M | $193.8M | ||
| Q2 24 | $670.1M | $174.1M | ||
| Q1 24 | $622.7M | $148.9M |
净利润BFAMRGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $78.6M | $126.8M | ||
| Q2 25 | $54.8M | $132.3M | ||
| Q1 25 | $38.0M | $113.5M | ||
| Q4 24 | — | $107.4M | ||
| Q3 24 | $54.9M | $96.2M | ||
| Q2 24 | $39.2M | $81.2M | ||
| Q1 24 | $17.0M | $47.2M |
毛利率BFAMRGLD
| Q4 25 | 19.3% | 64.6% | ||
| Q3 25 | 27.0% | 73.6% | ||
| Q2 25 | 25.0% | 72.6% | ||
| Q1 25 | 23.4% | 69.4% | ||
| Q4 24 | 20.8% | 70.3% | ||
| Q3 24 | 25.2% | 66.6% | ||
| Q2 24 | 24.2% | 64.7% | ||
| Q1 24 | 21.7% | 58.4% |
营业利润率BFAMRGLD
| Q4 25 | 6.2% | 56.2% | ||
| Q3 25 | 15.1% | 64.4% | ||
| Q2 25 | 11.8% | 67.7% | ||
| Q1 25 | 9.4% | 63.6% | ||
| Q4 24 | 7.2% | 65.9% | ||
| Q3 24 | 12.4% | 61.3% | ||
| Q2 24 | 10.3% | 58.6% | ||
| Q1 24 | 6.4% | 50.7% |
净利率BFAMRGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | 9.8% | 50.3% | ||
| Q2 25 | 7.5% | 63.1% | ||
| Q1 25 | 5.7% | 58.7% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | 7.6% | 49.7% | ||
| Q2 24 | 5.8% | 46.6% | ||
| Q1 24 | 2.7% | 31.7% |
每股收益（稀释后）BFAMRGLD
| Q4 25 | $0.38 | $1.04 | ||
| Q3 25 | $1.37 | $1.92 | ||
| Q2 25 | $0.95 | $2.01 | ||
| Q1 25 | $0.66 | $1.72 | ||
| Q4 24 | $0.50 | $1.63 | ||
| Q3 24 | $0.94 | $1.46 | ||
| Q2 24 | $0.67 | $1.23 | ||
| Q1 24 | $0.29 | $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 | $140.1M | $233.7M |
| 总债务越低越好 | $747.6M | — |
| 股东权益账面价值 | $1.3B | $7.2B |
| 总资产 | $3.9B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.56× | — |
8季度趋势，按日历期对齐
现金及短期投资BFAMRGLD
| Q4 25 | $140.1M | $233.7M | ||
| Q3 25 | $116.6M | $172.8M | ||
| Q2 25 | $179.2M | $248.2M | ||
| Q1 25 | $112.0M | $240.8M | ||
| Q4 24 | $110.3M | $195.5M | ||
| Q3 24 | $109.9M | $127.9M | ||
| Q2 24 | $140.2M | $74.2M | ||
| Q1 24 | $63.7M | $137.9M |
总债务BFAMRGLD
| Q4 25 | $747.6M | — | ||
| Q3 25 | $747.5M | — | ||
| Q2 25 | $797.0M | — | ||
| Q1 25 | $872.7M | — | ||
| Q4 24 | $918.4M | — | ||
| Q3 24 | $925.7M | $0 | ||
| Q2 24 | $931.9M | $50.0M | ||
| Q1 24 | $938.1M | — |
股东权益BFAMRGLD
| Q4 25 | $1.3B | $7.2B | ||
| Q3 25 | $1.4B | $3.4B | ||
| Q2 25 | $1.4B | $3.3B | ||
| Q1 25 | $1.3B | $3.2B | ||
| Q4 24 | $1.3B | $3.1B | ||
| Q3 24 | $1.4B | $3.0B | ||
| Q2 24 | $1.3B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
总资产BFAMRGLD
| Q4 25 | $3.9B | $9.5B | ||
| Q3 25 | $3.9B | $4.5B | ||
| Q2 25 | $3.9B | $3.6B | ||
| Q1 25 | $3.8B | $3.5B | ||
| Q4 24 | $3.9B | $3.4B | ||
| Q3 24 | $3.9B | $3.3B | ||
| Q2 24 | $3.8B | $3.3B | ||
| Q1 24 | $3.8B | $3.3B |
负债/权益比BFAMRGLD
| Q4 25 | 0.56× | — | ||
| Q3 25 | 0.52× | — | ||
| Q2 25 | 0.57× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.72× | — | ||
| Q3 24 | 0.66× | 0.00× | ||
| Q2 24 | 0.73× | 0.02× | ||
| Q1 24 | 0.76× | — |
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 | $350.7M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $258.5M | — |
| 自由现金流率自由现金流/营收 | 35.2% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 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 | $402.4M | — |
8季度趋势，按日历期对齐
经营现金流BFAMRGLD
| Q4 25 | $350.7M | $241.7M | ||
| Q3 25 | $-17.6M | $174.0M | ||
| Q2 25 | $134.2M | $152.8M | ||
| Q1 25 | $86.2M | $136.4M | ||
| Q4 24 | $337.5M | $141.1M | ||
| Q3 24 | $-8.9M | $136.7M | ||
| Q2 24 | $109.4M | $113.5M | ||
| Q1 24 | $116.3M | $138.3M |
自由现金流BFAMRGLD
| Q4 25 | $258.5M | — | ||
| Q3 25 | $-42.4M | — | ||
| Q2 25 | $115.4M | — | ||
| Q1 25 | $70.9M | — | ||
| Q4 24 | $240.2M | — | ||
| Q3 24 | $-32.2M | — | ||
| Q2 24 | $86.8M | — | ||
| Q1 24 | $96.9M | — |
自由现金流率BFAMRGLD
| Q4 25 | 35.2% | — | ||
| Q3 25 | -5.3% | — | ||
| Q2 25 | 15.8% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 35.6% | — | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | 13.0% | — | ||
| Q1 24 | 15.6% | — |
资本支出强度BFAMRGLD
| Q4 25 | 12.6% | — | ||
| Q3 25 | 3.1% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 14.4% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 3.4% | — | ||
| Q1 24 | 3.1% | — |
现金转化率BFAMRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | -0.22× | 1.37× | ||
| Q2 25 | 2.45× | 1.15× | ||
| Q1 25 | 2.26× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | -0.16× | 1.42× | ||
| Q2 24 | 2.79× | 1.40× | ||
| Q1 24 | 6.85× | 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
BFAM
暂无分部数据
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% |
