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BENCHMARK ELECTRONICS INC（BHE）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
BENCHMARK ELECTRONICS INC的季度营收约是ROYAL GOLD INC的1.8倍（$677.3M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 1.9%，领先23.0%），ROYAL GOLD INC同比增速更快（85.3% vs 11.4%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -0.7%）
Benchmark Electronics Inc是总部位于美国亚利桑那州坦佩市的电子制造服务（EMS）、原始设计制造（ODM）及原始设备制造（OEM）企业，为客户提供专业的合同制造服务，业务覆盖全球多个区域的电子产业链需求。
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。
BHE vs RGLD — 直观对比
营收规模更大
BHE
是对方的1.8倍
$375.3M
营收增速更快
RGLD
高出73.9%
11.4%
净利率更高
RGLD
高出23.0%
1.9%
两年增速更快
RGLD
近两年复合增速
-0.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $677.3M | $375.3M |
| 净利润 | $13.0M | $93.6M |
| 毛利率 | 10.2% | 64.6% |
| 营业利润率 | 3.2% | 56.2% |
| 净利率 | 1.9% | 24.9% |
| 营收同比 | 11.4% | 85.3% |
| 净利润同比 | 257.4% | -12.8% |
| 每股收益（稀释后） | $0.17 | $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BHERGLD
| Q1 26 | $677.3M | — | ||
| Q4 25 | $725.8M | $375.3M | ||
| Q3 25 | $702.6M | $252.1M | ||
| Q2 25 | $665.7M | $209.6M | ||
| Q1 25 | $654.6M | $193.4M | ||
| Q4 24 | $683.6M | $202.6M | ||
| Q3 24 | $680.0M | $193.8M | ||
| Q2 24 | $686.7M | $174.1M |
净利润BHERGLD
| Q1 26 | $13.0M | — | ||
| Q4 25 | — | $93.6M | ||
| Q3 25 | $14.3M | $126.8M | ||
| Q2 25 | $972.0K | $132.3M | ||
| Q1 25 | $3.6M | $113.5M | ||
| Q4 24 | — | $107.4M | ||
| Q3 24 | $15.4M | $96.2M | ||
| Q2 24 | $15.5M | $81.2M |
毛利率BHERGLD
| Q1 26 | 10.2% | — | ||
| Q4 25 | 10.2% | 64.6% | ||
| Q3 25 | 9.7% | 73.6% | ||
| Q2 25 | 9.7% | 72.6% | ||
| Q1 25 | 9.7% | 69.4% | ||
| Q4 24 | 9.9% | 70.3% | ||
| Q3 24 | 9.8% | 66.6% | ||
| Q2 24 | 9.9% | 64.7% |
营业利润率BHERGLD
| Q1 26 | 3.2% | — | ||
| Q4 25 | 2.8% | 56.2% | ||
| Q3 25 | 3.4% | 64.4% | ||
| Q2 25 | 3.1% | 67.7% | ||
| Q1 25 | 1.8% | 63.6% | ||
| Q4 24 | 4.2% | 65.9% | ||
| Q3 24 | 4.1% | 61.3% | ||
| Q2 24 | 4.0% | 58.6% |
净利率BHERGLD
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 24.9% | ||
| Q3 25 | 2.0% | 50.3% | ||
| Q2 25 | 0.1% | 63.1% | ||
| Q1 25 | 0.6% | 58.7% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | 2.3% | 49.7% | ||
| Q2 24 | 2.3% | 46.6% |
每股收益（稀释后）BHERGLD
| Q1 26 | $0.17 | — | ||
| Q4 25 | $0.16 | $1.04 | ||
| Q3 25 | $0.39 | $1.92 | ||
| Q2 25 | $0.03 | $2.01 | ||
| Q1 25 | $0.10 | $1.72 | ||
| Q4 24 | $0.43 | $1.63 | ||
| Q3 24 | $0.42 | $1.46 | ||
| Q2 24 | $0.43 | $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 | $324.9M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $7.2B |
| 总资产 | $2.1B | $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BHERGLD
| Q1 26 | $324.9M | — | ||
| Q4 25 | $322.1M | $233.7M | ||
| Q3 25 | $285.4M | $172.8M | ||
| Q2 25 | $264.6M | $248.2M | ||
| Q1 25 | $355.3M | $240.8M | ||
| Q4 24 | $315.2M | $195.5M | ||
| Q3 24 | $324.4M | $127.9M | ||
| Q2 24 | $309.3M | $74.2M |
总债务BHERGLD
| Q1 26 | — | — | ||
| Q4 25 | $206.8M | — | ||
| Q3 25 | $212.6M | — | ||
| Q2 25 | $203.4M | — | ||
| Q1 25 | $268.9M | — | ||
| Q4 24 | $250.5M | — | ||
| Q3 24 | $272.0M | $0 | ||
| Q2 24 | $283.6M | $50.0M |
股东权益BHERGLD
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $7.2B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.1B | $3.2B | ||
| Q4 24 | $1.1B | $3.1B | ||
| Q3 24 | $1.1B | $3.0B | ||
| Q2 24 | $1.1B | $3.0B |
总资产BHERGLD
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $9.5B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.1B | $3.4B | ||
| Q3 24 | $2.1B | $3.3B | ||
| Q2 24 | $2.2B | $3.3B |
负债/权益比BHERGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.19× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.23× | — | ||
| Q3 24 | 0.25× | 0.00× | ||
| Q2 24 | 0.26× | 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 | $47.0M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $48.1M | — |
| 自由现金流率自由现金流/营收 | 7.1% | — |
| 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 | 3.61× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $108.3M | — |
8季度趋势，按日历期对齐
经营现金流BHERGLD
| Q1 26 | $47.0M | — | ||
| Q4 25 | $58.7M | $241.7M | ||
| Q3 25 | $36.6M | $174.0M | ||
| Q2 25 | $-2.8M | $152.8M | ||
| Q1 25 | $31.5M | $136.4M | ||
| Q4 24 | $45.9M | $141.1M | ||
| Q3 24 | $39.0M | $136.7M | ||
| Q2 24 | $55.8M | $113.5M |
自由现金流BHERGLD
| Q1 26 | $48.1M | — | ||
| Q4 25 | $48.2M | — | ||
| Q3 25 | $25.8M | — | ||
| Q2 25 | $-13.8M | — | ||
| Q1 25 | $28.1M | — | ||
| Q4 24 | $37.2M | — | ||
| Q3 24 | $29.2M | — | ||
| Q2 24 | $48.2M | — |
自由现金流率BHERGLD
| Q1 26 | 7.1% | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 3.7% | — | ||
| Q2 25 | -2.1% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 5.4% | — | ||
| Q3 24 | 4.3% | — | ||
| Q2 24 | 7.0% | — |
资本支出强度BHERGLD
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.4% | — | ||
| Q2 24 | 1.1% | — |
现金转化率BHERGLD
| Q1 26 | 3.61× | — | ||
| Q4 25 | — | 2.58× | ||
| Q3 25 | 2.57× | 1.37× | ||
| Q2 25 | -2.90× | 1.15× | ||
| Q1 25 | 8.65× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 2.54× | 1.42× | ||
| Q2 24 | 3.59× | 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
BHE
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% |
