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BlueLinx Holdings Inc.（BXC）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
BlueLinx Holdings Inc.的季度营收约是ROYAL GOLD INC的2.0倍（$748.9M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 0.2%，领先24.7%），ROYAL GOLD INC同比增速更快（85.3% vs 0.2%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 2.5%）
BlueLinx Holdings Inc.是美国经营建材与工业产品的批发分销商，总部位于佐治亚州亚特兰大，目前由Shyam Reddy担任公司总裁兼首席执行官，在美国本土相关分销领域开展业务
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。
BXC vs RGLD — 直观对比
营收规模更大
BXC
是对方的2.0倍
$375.3M
营收增速更快
RGLD
高出85.1%
0.2%
净利率更高
RGLD
高出24.7%
0.2%
两年增速更快
RGLD
近两年复合增速
2.5%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $748.9M | $375.3M |
| 净利润 | $1.7M | $93.6M |
| 毛利率 | 14.4% | 64.6% |
| 营业利润率 | 1.3% | 56.2% |
| 净利率 | 0.2% | 24.9% |
| 营收同比 | 0.2% | 85.3% |
| 净利润同比 | -89.7% | -12.8% |
| 每股收益（稀释后） | $0.20 | $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BXCRGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | $748.9M | $252.1M | ||
| Q2 25 | $780.1M | $209.6M | ||
| Q1 25 | $709.2M | $193.4M | ||
| Q4 24 | $710.6M | $202.6M | ||
| Q3 24 | $747.3M | $193.8M | ||
| Q2 24 | $768.4M | $174.1M | ||
| Q1 24 | $726.2M | $148.9M |
净利润BXCRGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $1.7M | $126.8M | ||
| Q2 25 | $4.3M | $132.3M | ||
| Q1 25 | $2.8M | $113.5M | ||
| Q4 24 | — | $107.4M | ||
| Q3 24 | $16.0M | $96.2M | ||
| Q2 24 | $14.3M | $81.2M | ||
| Q1 24 | $17.5M | $47.2M |
毛利率BXCRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | 14.4% | 73.6% | ||
| Q2 25 | 15.3% | 72.6% | ||
| Q1 25 | 15.7% | 69.4% | ||
| Q4 24 | 15.9% | 70.3% | ||
| Q3 24 | 16.8% | 66.6% | ||
| Q2 24 | 15.9% | 64.7% | ||
| Q1 24 | 17.6% | 58.4% |
营业利润率BXCRGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | 1.3% | 64.4% | ||
| Q2 25 | 1.9% | 67.7% | ||
| Q1 25 | 1.5% | 63.6% | ||
| Q4 24 | 1.7% | 65.9% | ||
| Q3 24 | 3.2% | 61.3% | ||
| Q2 24 | 3.1% | 58.6% | ||
| Q1 24 | 3.8% | 50.7% |
净利率BXCRGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | 0.2% | 50.3% | ||
| Q2 25 | 0.6% | 63.1% | ||
| Q1 25 | 0.4% | 58.7% | ||
| Q4 24 | — | 53.0% | ||
| Q3 24 | 2.1% | 49.7% | ||
| Q2 24 | 1.9% | 46.6% | ||
| Q1 24 | 2.4% | 31.7% |
每股收益（稀释后）BXCRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | $0.20 | $1.92 | ||
| Q2 25 | $0.54 | $2.01 | ||
| Q1 25 | $0.33 | $1.72 | ||
| Q4 24 | $0.67 | $1.63 | ||
| Q3 24 | $1.87 | $1.46 | ||
| Q2 24 | $1.65 | $1.23 | ||
| Q1 24 | $2.00 | $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 | $429.4M | $233.7M |
| 总债务越低越好 | $598.5M | — |
| 股东权益账面价值 | $623.0M | $7.2B |
| 总资产 | $1.6B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.96× | — |
8季度趋势，按日历期对齐
现金及短期投资BXCRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | $429.4M | $172.8M | ||
| Q2 25 | $386.8M | $248.2M | ||
| Q1 25 | $449.0M | $240.8M | ||
| Q4 24 | $505.6M | $195.5M | ||
| Q3 24 | $526.3M | $127.9M | ||
| Q2 24 | $491.4M | $74.2M | ||
| Q1 24 | $481.3M | $137.9M |
总债务BXCRGLD
| Q4 25 | — | — | ||
| Q3 25 | $598.5M | — | ||
| Q2 25 | $596.4M | — | ||
| Q1 25 | $596.6M | — | ||
| Q4 24 | $575.1M | — | ||
| Q3 24 | $576.0M | $0 | ||
| Q2 24 | $574.6M | $50.0M | ||
| Q1 24 | $574.0M | — |
股东权益BXCRGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | $623.0M | $3.4B | ||
| Q2 25 | $621.3M | $3.3B | ||
| Q1 25 | $636.1M | $3.2B | ||
| Q4 24 | $646.4M | $3.1B | ||
| Q3 24 | $655.6M | $3.0B | ||
| Q2 24 | $652.3M | $3.0B | ||
| Q1 24 | $653.2M | $2.9B |
总资产BXCRGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | $1.6B | $4.5B | ||
| Q2 25 | $1.6B | $3.6B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.6B | $3.4B | ||
| Q3 24 | $1.6B | $3.3B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.6B | $3.3B |
负债/权益比BXCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 0.96× | — | ||
| Q2 25 | 0.96× | — | ||
| Q1 25 | 0.94× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.88× | 0.00× | ||
| Q2 24 | 0.88× | 0.02× | ||
| Q1 24 | 0.88× | — |
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 | $58.6M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $52.7M | — |
| 自由现金流率自由现金流/营收 | 7.0% | — |
| 资本支出强度资本支出/营收 | 0.8% | — |
| 现金转化率经营现金流/净利润 | 35.42× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-25.1M | — |
8季度趋势，按日历期对齐
经营现金流BXCRGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | $58.6M | $174.0M | ||
| Q2 25 | $-26.8M | $152.8M | ||
| Q1 25 | $-33.9M | $136.4M | ||
| Q4 24 | $18.7M | $141.1M | ||
| Q3 24 | $61.8M | $136.7M | ||
| Q2 24 | $35.8M | $113.5M | ||
| Q1 24 | $-31.1M | $138.3M |
自由现金流BXCRGLD
| Q4 25 | — | — | ||
| Q3 25 | $52.7M | — | ||
| Q2 25 | $-36.4M | — | ||
| Q1 25 | $-39.8M | — | ||
| Q4 24 | $-1.5M | — | ||
| Q3 24 | $53.8M | — | ||
| Q2 24 | $29.3M | — | ||
| Q1 24 | $-36.6M | — |
自由现金流率BXCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 7.0% | — | ||
| Q2 25 | -4.7% | — | ||
| Q1 25 | -5.6% | — | ||
| Q4 24 | -0.2% | — | ||
| Q3 24 | 7.2% | — | ||
| Q2 24 | 3.8% | — | ||
| Q1 24 | -5.0% | — |
资本支出强度BXCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 0.8% | — | ||
| Q1 24 | 0.8% | — |
现金转化率BXCRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | 35.42× | 1.37× | ||
| Q2 25 | -6.21× | 1.15× | ||
| Q1 25 | -12.09× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 3.86× | 1.42× | ||
| Q2 24 | 2.50× | 1.40× | ||
| Q1 24 | -1.78× | 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
BXC
| Specialty Products | $525.5M | 70% |
| Structural Products | $223.4M | 30% |
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% |
