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CBIZ, Inc.（CBZ）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
CBIZ, Inc.的季度营收约是ROYAL GOLD INC的2.3倍（$848.6M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 19.0%，领先5.9%），ROYAL GOLD INC同比增速更快（85.3% vs 1.3%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 42.1%）
CBIZ, Inc.是美国知名的金融、保险及咨询服务提供商，总部位于俄亥俄州独立市，为美国规模最大的会计、保险经纪、金融与咨询服务机构之一。集团在全美设有120多个办事处，拥有近7000名员工，1996年起在纽交所上市，1997年起使用股票代码CBZ交易。
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。
CBZ vs RGLD — 直观对比
营收规模更大
CBZ
是对方的2.3倍
$375.3M
营收增速更快
RGLD
高出84.0%
1.3%
净利率更高
RGLD
高出5.9%
19.0%
两年增速更快
RGLD
近两年复合增速
42.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $848.6M | $375.3M |
| 净利润 | $161.6M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 23.2% | 56.2% |
| 净利率 | 19.0% | 24.9% |
| 营收同比 | 1.3% | 85.3% |
| 净利润同比 | — | -12.8% |
| 每股收益（稀释后） | $2.63 | $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CBZRGLD
| Q1 26 | $848.6M | — | ||
| Q4 25 | $542.7M | $375.3M | ||
| Q3 25 | $693.8M | $252.1M | ||
| Q2 25 | $683.5M | $209.6M | ||
| Q1 25 | $838.0M | $193.4M | ||
| Q4 24 | $460.3M | $202.6M | ||
| Q3 24 | $438.9M | $193.8M | ||
| Q2 24 | $420.0M | $174.1M |
净利润CBZRGLD
| Q1 26 | $161.6M | — | ||
| Q4 25 | $-79.4M | $93.6M | ||
| Q3 25 | $30.1M | $126.8M | ||
| Q2 25 | $41.9M | $132.3M | ||
| Q1 25 | $122.8M | $113.5M | ||
| Q4 24 | $-90.7M | $107.4M | ||
| Q3 24 | $35.1M | $96.2M | ||
| Q2 24 | $19.8M | $81.2M |
毛利率CBZRGLD
| Q1 26 | — | — | ||
| Q4 25 | -9.4% | 64.6% | ||
| Q3 25 | 13.0% | 73.6% | ||
| Q2 25 | 12.9% | 72.6% | ||
| Q1 25 | 27.2% | 69.4% | ||
| Q4 24 | -13.4% | 70.3% | ||
| Q3 24 | 16.6% | 66.6% | ||
| Q2 24 | 12.8% | 64.7% |
营业利润率CBZRGLD
| Q1 26 | 23.2% | — | ||
| Q4 25 | -15.7% | 56.2% | ||
| Q3 25 | 8.5% | 64.4% | ||
| Q2 25 | 8.8% | 67.7% | ||
| Q1 25 | 23.9% | 63.6% | ||
| Q4 24 | -23.2% | 65.9% | ||
| Q3 24 | 11.3% | 61.3% | ||
| Q2 24 | 7.5% | 58.6% |
净利率CBZRGLD
| Q1 26 | 19.0% | — | ||
| Q4 25 | -14.6% | 24.9% | ||
| Q3 25 | 4.3% | 50.3% | ||
| Q2 25 | 6.1% | 63.1% | ||
| Q1 25 | 14.7% | 58.7% | ||
| Q4 24 | -19.7% | 53.0% | ||
| Q3 24 | 8.0% | 49.7% | ||
| Q2 24 | 4.7% | 46.6% |
每股收益（稀释后）CBZRGLD
| Q1 26 | $2.63 | — | ||
| Q4 25 | $-1.22 | $1.04 | ||
| Q3 25 | $0.48 | $1.92 | ||
| Q2 25 | $0.66 | $2.01 | ||
| Q1 25 | $1.91 | $1.72 | ||
| Q4 24 | $-1.84 | $1.63 | ||
| Q3 24 | $0.70 | $1.46 | ||
| Q2 24 | $0.39 | $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 | $28.7M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.9B | $7.2B |
| 总资产 | $4.6B | $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CBZRGLD
| Q1 26 | $28.7M | — | ||
| Q4 25 | $18.3M | $233.7M | ||
| Q3 25 | $17.0M | $172.8M | ||
| Q2 25 | $39.8M | $248.2M | ||
| Q1 25 | $8.8M | $240.8M | ||
| Q4 24 | $13.8M | $195.5M | ||
| Q3 24 | $1.1M | $127.9M | ||
| Q2 24 | $1.1M | $74.2M |
总债务CBZRGLD
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益CBZRGLD
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.8B | $7.2B | ||
| Q3 25 | $1.9B | $3.4B | ||
| Q2 25 | $1.9B | $3.3B | ||
| Q1 25 | $1.9B | $3.2B | ||
| Q4 24 | $1.8B | $3.1B | ||
| Q3 24 | $927.9M | $3.0B | ||
| Q2 24 | $891.4M | $3.0B |
总资产CBZRGLD
| Q1 26 | $4.6B | — | ||
| Q4 25 | $4.4B | $9.5B | ||
| Q3 25 | $4.5B | $4.5B | ||
| Q2 25 | $4.5B | $3.6B | ||
| Q1 25 | $4.6B | $3.5B | ||
| Q4 24 | $4.5B | $3.4B | ||
| Q3 24 | $2.1B | $3.3B | ||
| Q2 24 | $2.2B | $3.3B |
负债/权益比CBZRGLD
| 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 | $-25.5M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-28.5M | — |
| 自由现金流率自由现金流/营收 | -3.4% | — |
| 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 | -0.16× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $240.5M | — |
8季度趋势，按日历期对齐
经营现金流CBZRGLD
| Q1 26 | $-25.5M | — | ||
| Q4 25 | $143.6M | $241.7M | ||
| Q3 25 | $24.0M | $174.0M | ||
| Q2 25 | $113.1M | $152.8M | ||
| Q1 25 | $-88.3M | $136.4M | ||
| Q4 24 | $55.5M | $141.1M | ||
| Q3 24 | $43.7M | $136.7M | ||
| Q2 24 | $88.2M | $113.5M |
自由现金流CBZRGLD
| Q1 26 | $-28.5M | — | ||
| Q4 25 | $141.7M | — | ||
| Q3 25 | $22.1M | — | ||
| Q2 25 | $105.2M | — | ||
| Q1 25 | $-93.4M | — | ||
| Q4 24 | $52.3M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $86.3M | — |
自由现金流率CBZRGLD
| Q1 26 | -3.4% | — | ||
| Q4 25 | 26.1% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 15.4% | — | ||
| Q1 25 | -11.2% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 9.4% | — | ||
| Q2 24 | 20.5% | — |
资本支出强度CBZRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 1.2% | — | ||
| Q1 25 | 0.6% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.4% | — |
现金转化率CBZRGLD
| Q1 26 | -0.16× | — | ||
| Q4 25 | — | 2.58× | ||
| Q3 25 | 0.79× | 1.37× | ||
| Q2 25 | 2.70× | 1.15× | ||
| Q1 25 | -0.72× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | 1.25× | 1.42× | ||
| Q2 24 | 4.45× | 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
CBZ
| Financial Services (1) | $740.3M | 87% |
| Benefits and Insurance Services | $108.2M | 13% |
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% |
