vs
CALERES INC（CAL）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
CALERES INC的季度营收约是ROYAL GOLD INC的1.7倍（$790.1M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 0.3%，领先59.7%），ROYAL GOLD INC同比增速更快（142.6% vs 6.6%），ROYAL GOLD INC自由现金流更多（$278.9M vs $-12.4M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs 6.5%）
Caleres Inc是一家美国鞋履企业，旗下拥有并运营多个鞋履品牌，总部坐落于圣路易斯郊区密苏里州克莱顿。该企业前身是1878年在圣路易斯成立的Bryan, Brown & Company，此后历经多次更名，其前身汉密尔顿-布朗鞋业在20世纪初曾是美国最大的鞋履制造商。
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。
CAL vs RGLD — 直观对比
营收规模更大
CAL
是对方的1.7倍
$469.1M
营收增速更快
RGLD
高出135.9%
6.6%
净利率更高
RGLD
高出59.7%
0.3%
自由现金流更多
RGLD
多$291.2M
$-12.4M
两年增速更快
RGLD
近两年复合增速
6.5%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $790.1M | $469.1M |
| 净利润 | $2.4M | $281.7M |
| 毛利率 | 41.8% | — |
| 营业利润率 | 1.5% | 63.3% |
| 净利率 | 0.3% | 60.0% |
| 营收同比 | 6.6% | 142.6% |
| 净利润同比 | -94.2% | 147.7% |
| 每股收益（稀释后） | $0.07 | $3.30 |
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CALRGLD
| Q1 26 | — | $469.1M | ||
| Q4 25 | $790.1M | $375.3M | ||
| Q3 25 | $658.5M | $252.1M | ||
| Q2 25 | $614.2M | $209.6M | ||
| Q1 25 | $639.2M | $193.4M | ||
| Q4 24 | $740.9M | $202.6M | ||
| Q3 24 | $683.3M | $193.8M | ||
| Q2 24 | $659.2M | $174.1M |
净利润CALRGLD
| Q1 26 | — | $281.7M | ||
| Q4 25 | $2.4M | $93.6M | ||
| Q3 25 | $6.7M | $126.8M | ||
| Q2 25 | $6.9M | $132.3M | ||
| Q1 25 | $4.9M | $113.5M | ||
| Q4 24 | $41.4M | $107.4M | ||
| Q3 24 | $30.0M | $96.2M | ||
| Q2 24 | $30.9M | $81.2M |
毛利率CALRGLD
| Q1 26 | — | — | ||
| Q4 25 | 41.8% | 64.6% | ||
| Q3 25 | 43.4% | 73.6% | ||
| Q2 25 | 45.4% | 72.6% | ||
| Q1 25 | 43.0% | 69.4% | ||
| Q4 24 | 44.1% | 70.3% | ||
| Q3 24 | 45.5% | 66.6% | ||
| Q2 24 | 46.9% | 64.7% |
营业利润率CALRGLD
| Q1 26 | — | 63.3% | ||
| Q4 25 | 1.5% | 56.2% | ||
| Q3 25 | 1.4% | 64.4% | ||
| Q2 25 | 1.9% | 67.7% | ||
| Q1 25 | 1.2% | 63.6% | ||
| Q4 24 | 7.7% | 65.9% | ||
| Q3 24 | 6.2% | 61.3% | ||
| Q2 24 | 6.5% | 58.6% |
净利率CALRGLD
| Q1 26 | — | 60.0% | ||
| Q4 25 | 0.3% | 24.9% | ||
| Q3 25 | 1.0% | 50.3% | ||
| Q2 25 | 1.1% | 63.1% | ||
| Q1 25 | 0.8% | 58.7% | ||
| Q4 24 | 5.6% | 53.0% | ||
| Q3 24 | 4.4% | 49.7% | ||
| Q2 24 | 4.7% | 46.6% |
每股收益（稀释后）CALRGLD
| Q1 26 | — | $3.30 | ||
| Q4 25 | $0.07 | $1.04 | ||
| Q3 25 | $0.20 | $1.92 | ||
| Q2 25 | $0.21 | $2.01 | ||
| Q1 25 | $0.17 | $1.72 | ||
| Q4 24 | $1.19 | $1.63 | ||
| Q3 24 | $0.85 | $1.46 | ||
| Q2 24 | $0.88 | $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 | $34.0M | $234.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $616.8M | $7.5B |
| 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CALRGLD
| Q1 26 | — | $234.1M | ||
| Q4 25 | $34.0M | $233.7M | ||
| Q3 25 | $191.5M | $172.8M | ||
| Q2 25 | $33.1M | $248.2M | ||
| Q1 25 | $29.6M | $240.8M | ||
| Q4 24 | $33.7M | $195.5M | ||
| Q3 24 | $51.8M | $127.9M | ||
| Q2 24 | $30.7M | $74.2M |
总债务CALRGLD
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益CALRGLD
| Q1 26 | — | $7.5B | ||
| Q4 25 | $616.8M | $7.2B | ||
| Q3 25 | $613.3M | $3.4B | ||
| Q2 25 | $605.2M | $3.3B | ||
| Q1 25 | $599.0M | $3.2B | ||
| Q4 24 | $598.3M | $3.1B | ||
| Q3 24 | $606.1M | $3.0B | ||
| Q2 24 | $570.3M | $3.0B |
总资产CALRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $2.1B | $9.5B | ||
| Q3 25 | $2.2B | $4.5B | ||
| Q2 25 | $1.9B | $3.6B | ||
| Q1 25 | $1.9B | $3.5B | ||
| Q4 24 | $2.0B | $3.4B | ||
| Q3 24 | $2.0B | $3.3B | ||
| Q2 24 | $1.9B | $3.3B |
负债/权益比CALRGLD
| Q1 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 | $-1.2M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $-12.4M | $278.9M |
| 自由现金流率自由现金流/营收 | -1.6% | 59.4% |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 现金转化率经营现金流/净利润 | -0.50× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $14.4M | — |
8季度趋势，按日历期对齐
经营现金流CALRGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | $-1.2M | $241.7M | ||
| Q3 25 | $47.3M | $174.0M | ||
| Q2 25 | $-5.7M | $152.8M | ||
| Q1 25 | $28.7M | $136.4M | ||
| Q4 24 | $-39.8M | $141.1M | ||
| Q3 24 | $79.6M | $136.7M | ||
| Q2 24 | $36.1M | $113.5M |
自由现金流CALRGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $-12.4M | — | ||
| Q3 25 | $35.0M | — | ||
| Q2 25 | $-26.2M | — | ||
| Q1 25 | $18.0M | — | ||
| Q4 24 | $-57.4M | — | ||
| Q3 24 | $68.5M | — | ||
| Q2 24 | $26.3M | — |
自由现金流率CALRGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | -1.6% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | -4.3% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 4.0% | — |
资本支出强度CALRGLD
| Q1 26 | — | — | ||
| Q4 25 | 1.4% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 3.3% | — | ||
| Q1 25 | 1.7% | — | ||
| Q4 24 | 2.4% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 1.5% | — |
现金转化率CALRGLD
| Q1 26 | — | 1.04× | ||
| Q4 25 | -0.50× | 2.58× | ||
| Q3 25 | 7.05× | 1.37× | ||
| Q2 25 | -0.81× | 1.15× | ||
| Q1 25 | 5.82× | 1.20× | ||
| Q4 24 | -0.96× | 1.31× | ||
| Q3 24 | 2.66× | 1.42× | ||
| Q2 24 | 1.17× | 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
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
RGLD
| North America | $258.0M | 55% |
| South and Central America | $110.2M | 23% |
| Europe, Middle East, Africa (EMEA) | $84.8M | 18% |
| Australia Pacific | $16.1M | 3% |
