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CAL-MAINE FOODS INC（CALM）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
CAL-MAINE FOODS INC的季度营收约是ROYAL GOLD INC的1.6倍（$769.5M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 13.4%，领先46.7%），ROYAL GOLD INC同比增速更快（142.6% vs -19.4%），ROYAL GOLD INC自由现金流更多（$278.9M vs $47.9M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs 29.4%）
卡尔梅恩食品公司是总部位于美国密西西比州里奇兰的鲜蛋生产商，截至2024年是美国规模最大的蛋品企业。公司旗下拥有Egg-Land's Best、Land O'Lakes等多个知名蛋品品牌，1957年由弗雷德·R·亚当斯二世创立，亚当斯家族持有企业控股权，目前在纳斯达克挂牌上市。
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。
CALM vs RGLD — 直观对比
营收规模更大
CALM
是对方的1.6倍
$469.1M
营收增速更快
RGLD
高出162.0%
-19.4%
净利率更高
RGLD
高出46.7%
13.4%
自由现金流更多
RGLD
多$230.9M
$47.9M
两年增速更快
RGLD
近两年复合增速
29.4%
损益表 — Q2 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $769.5M | $469.1M |
| 净利润 | $102.8M | $281.7M |
| 毛利率 | 27.0% | — |
| 营业利润率 | 16.1% | 63.3% |
| 净利率 | 13.4% | 60.0% |
| 营收同比 | -19.4% | 142.6% |
| 净利润同比 | -53.1% | 147.7% |
| 每股收益（稀释后） | $2.13 | $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CALMRGLD
| Q1 26 | — | $469.1M | ||
| Q4 25 | $769.5M | $375.3M | ||
| Q3 25 | $922.6M | $252.1M | ||
| Q2 25 | — | $209.6M | ||
| Q1 25 | $1.4B | $193.4M | ||
| Q4 24 | $954.7M | $202.6M | ||
| Q3 24 | $785.9M | $193.8M | ||
| Q2 24 | — | $174.1M |
净利润CALMRGLD
| Q1 26 | — | $281.7M | ||
| Q4 25 | $102.8M | $93.6M | ||
| Q3 25 | $199.3M | $126.8M | ||
| Q2 25 | — | $132.3M | ||
| Q1 25 | $508.5M | $113.5M | ||
| Q4 24 | $219.1M | $107.4M | ||
| Q3 24 | $150.0M | $96.2M | ||
| Q2 24 | — | $81.2M |
毛利率CALMRGLD
| Q1 26 | — | — | ||
| Q4 25 | 27.0% | 64.6% | ||
| Q3 25 | 33.7% | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | 50.5% | 69.4% | ||
| Q4 24 | 37.3% | 70.3% | ||
| Q3 24 | 31.5% | 66.6% | ||
| Q2 24 | — | 64.7% |
营业利润率CALMRGLD
| Q1 26 | — | 63.3% | ||
| Q4 25 | 16.1% | 56.2% | ||
| Q3 25 | 27.0% | 64.4% | ||
| Q2 25 | — | 67.7% | ||
| Q1 25 | 44.8% | 63.6% | ||
| Q4 24 | 29.1% | 65.9% | ||
| Q3 24 | 23.8% | 61.3% | ||
| Q2 24 | — | 58.6% |
净利率CALMRGLD
| Q1 26 | — | 60.0% | ||
| Q4 25 | 13.4% | 24.9% | ||
| Q3 25 | 21.6% | 50.3% | ||
| Q2 25 | — | 63.1% | ||
| Q1 25 | 35.9% | 58.7% | ||
| Q4 24 | 22.9% | 53.0% | ||
| Q3 24 | 19.1% | 49.7% | ||
| Q2 24 | — | 46.6% |
每股收益（稀释后）CALMRGLD
| Q1 26 | — | $3.30 | ||
| Q4 25 | $2.13 | $1.04 | ||
| Q3 25 | $4.12 | $1.92 | ||
| Q2 25 | — | $2.01 | ||
| Q1 25 | $10.38 | $1.72 | ||
| Q4 24 | $4.47 | $1.63 | ||
| Q3 24 | $3.06 | $1.46 | ||
| Q2 24 | — | $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 | $369.4M | $234.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.7B | $7.5B |
| 总资产 | $3.1B | $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CALMRGLD
| Q1 26 | — | $234.1M | ||
| Q4 25 | $369.4M | $233.7M | ||
| Q3 25 | $251.9M | $172.8M | ||
| Q2 25 | — | $248.2M | ||
| Q1 25 | $497.2M | $240.8M | ||
| Q4 24 | $140.3M | $195.5M | ||
| Q3 24 | $181.7M | $127.9M | ||
| Q2 24 | — | $74.2M |
总债务CALMRGLD
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益CALMRGLD
| Q1 26 | — | $7.5B | ||
| Q4 25 | $2.7B | $7.2B | ||
| Q3 25 | $2.7B | $3.4B | ||
| Q2 25 | — | $3.3B | ||
| Q1 25 | $2.4B | $3.2B | ||
| Q4 24 | $2.0B | $3.1B | ||
| Q3 24 | $1.9B | $3.0B | ||
| Q2 24 | — | $3.0B |
总资产CALMRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $3.1B | $9.5B | ||
| Q3 25 | $3.2B | $4.5B | ||
| Q2 25 | — | $3.6B | ||
| Q1 25 | $3.1B | $3.5B | ||
| Q4 24 | $2.5B | $3.4B | ||
| Q3 24 | $2.4B | $3.3B | ||
| Q2 24 | — | $3.3B |
负债/权益比CALMRGLD
| 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 | $94.8M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $47.9M | $278.9M |
| 自由现金流率自由现金流/营收 | 6.2% | 59.4% |
| 资本支出强度资本支出/营收 | 6.1% | — |
| 现金转化率经营现金流/净利润 | 0.92× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $895.9M | — |
8季度趋势，按日历期对齐
经营现金流CALMRGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | $94.8M | $241.7M | ||
| Q3 25 | $278.6M | $174.0M | ||
| Q2 25 | — | $152.8M | ||
| Q1 25 | $571.6M | $136.4M | ||
| Q4 24 | $122.7M | $141.1M | ||
| Q3 24 | $117.5M | $136.7M | ||
| Q2 24 | — | $113.5M |
自由现金流CALMRGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $47.9M | — | ||
| Q3 25 | $233.3M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $521.8M | — | ||
| Q4 24 | $92.9M | — | ||
| Q3 24 | $81.7M | — | ||
| Q2 24 | — | — |
自由现金流率CALMRGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | 6.2% | — | ||
| Q3 25 | 25.3% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 36.8% | — | ||
| Q4 24 | 9.7% | — | ||
| Q3 24 | 10.4% | — | ||
| Q2 24 | — | — |
资本支出强度CALMRGLD
| Q1 26 | — | — | ||
| Q4 25 | 6.1% | — | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | 3.1% | — | ||
| Q3 24 | 4.6% | — | ||
| Q2 24 | — | — |
现金转化率CALMRGLD
| Q1 26 | — | 1.04× | ||
| Q4 25 | 0.92× | 2.58× | ||
| Q3 25 | 1.40× | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | 1.12× | 1.20× | ||
| Q4 24 | 0.56× | 1.31× | ||
| Q3 24 | 0.78× | 1.42× | ||
| Q2 24 | — | 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
CALM
| Retail | $625.4M | 81% |
| Prepared Foods | $71.7M | 9% |
| Egg Products | $34.5M | 4% |
| Service Other | $19.2M | 2% |
| Other | $13.8M | 2% |
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% |
