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COGENT COMMUNICATIONS HOLDINGS, INC.（CCOI）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
ROYAL GOLD INC的季度营收约是COGENT COMMUNICATIONS HOLDINGS, INC.的1.6倍（$375.3M vs $240.5M），ROYAL GOLD INC净利率更高（24.9% vs -12.8%，领先37.7%），ROYAL GOLD INC同比增速更快（85.3% vs -4.7%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -4.9%）
高智通信控股公司是总部设在美国的跨国互联网服务供应商，核心业务包括光纤IP专用网络下的互联网接入与数据传输服务，同时也提供数据中心服务器托管业务，在全球互联网基础设施领域拥有广泛的业务布局。
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。
CCOI vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.6倍
$240.5M
营收增速更快
RGLD
高出90.0%
-4.7%
净利率更高
RGLD
高出37.7%
-12.8%
两年增速更快
RGLD
近两年复合增速
-4.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $240.5M | $375.3M |
| 净利润 | $-30.8M | $93.6M |
| 毛利率 | 46.6% | 64.6% |
| 营业利润率 | -4.7% | 56.2% |
| 净利率 | -12.8% | 24.9% |
| 营收同比 | -4.7% | 85.3% |
| 净利润同比 | 28.9% | -12.8% |
| 每股收益（稀释后） | $-0.63 | $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CCOIRGLD
| Q4 25 | $240.5M | $375.3M | ||
| Q3 25 | $241.9M | $252.1M | ||
| Q2 25 | $246.2M | $209.6M | ||
| Q1 25 | $247.0M | $193.4M | ||
| Q4 24 | $252.3M | $202.6M | ||
| Q3 24 | $257.2M | $193.8M | ||
| Q2 24 | $260.4M | $174.1M | ||
| Q1 24 | $266.2M | $148.9M |
净利润CCOIRGLD
| Q4 25 | $-30.8M | $93.6M | ||
| Q3 25 | $-41.5M | $126.8M | ||
| Q2 25 | $-57.8M | $132.3M | ||
| Q1 25 | $-52.0M | $113.5M | ||
| Q4 24 | $-43.3M | $107.4M | ||
| Q3 24 | $-63.1M | $96.2M | ||
| Q2 24 | $-32.3M | $81.2M | ||
| Q1 24 | $-65.3M | $47.2M |
毛利率CCOIRGLD
| Q4 25 | 46.6% | 64.6% | ||
| Q3 25 | 45.6% | 73.6% | ||
| Q2 25 | 44.2% | 72.6% | ||
| Q1 25 | 44.4% | 69.4% | ||
| Q4 24 | 38.5% | 70.3% | ||
| Q3 24 | 37.2% | 66.6% | ||
| Q2 24 | 40.0% | 64.7% | ||
| Q1 24 | 36.5% | 58.4% |
营业利润率CCOIRGLD
| Q4 25 | -4.7% | 56.2% | ||
| Q3 25 | -7.5% | 64.4% | ||
| Q2 25 | -12.8% | 67.7% | ||
| Q1 25 | -16.3% | 63.6% | ||
| Q4 24 | -13.2% | 65.9% | ||
| Q3 24 | -22.5% | 61.3% | ||
| Q2 24 | -18.1% | 58.6% | ||
| Q1 24 | -22.3% | 50.7% |
净利率CCOIRGLD
| Q4 25 | -12.8% | 24.9% | ||
| Q3 25 | -17.2% | 50.3% | ||
| Q2 25 | -23.5% | 63.1% | ||
| Q1 25 | -21.1% | 58.7% | ||
| Q4 24 | -17.2% | 53.0% | ||
| Q3 24 | -24.5% | 49.7% | ||
| Q2 24 | -12.4% | 46.6% | ||
| Q1 24 | -24.5% | 31.7% |
每股收益（稀释后）CCOIRGLD
| Q4 25 | $-0.63 | $1.04 | ||
| Q3 25 | $-0.87 | $1.92 | ||
| Q2 25 | $-1.21 | $2.01 | ||
| Q1 25 | $-1.09 | $1.72 | ||
| Q4 24 | $-0.89 | $1.63 | ||
| Q3 24 | $-1.33 | $1.46 | ||
| Q2 24 | $-0.68 | $1.23 | ||
| Q1 24 | $-1.38 | $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 | $148.5M | $233.7M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $-63.8M | $7.2B |
| 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CCOIRGLD
| Q4 25 | $148.5M | $233.7M | ||
| Q3 25 | $147.1M | $172.8M | ||
| Q2 25 | $213.7M | $248.2M | ||
| Q1 25 | $153.8M | $240.8M | ||
| Q4 24 | $198.5M | $195.5M | ||
| Q3 24 | $279.2M | $127.9M | ||
| Q2 24 | $384.4M | $74.2M | ||
| Q1 24 | $118.4M | $137.9M |
总债务CCOIRGLD
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益CCOIRGLD
| Q4 25 | $-63.8M | $7.2B | ||
| Q3 25 | $-39.2M | $3.4B | ||
| Q2 25 | $46.7M | $3.3B | ||
| Q1 25 | $142.8M | $3.2B | ||
| Q4 24 | $222.8M | $3.1B | ||
| Q3 24 | $323.6M | $3.0B | ||
| Q2 24 | $415.5M | $3.0B | ||
| Q1 24 | $500.6M | $2.9B |
总资产CCOIRGLD
| Q4 25 | $3.1B | $9.5B | ||
| Q3 25 | $3.1B | $4.5B | ||
| Q2 25 | $3.3B | $3.6B | ||
| Q1 25 | $3.1B | $3.5B | ||
| Q4 24 | $3.2B | $3.4B | ||
| Q3 24 | $3.2B | $3.3B | ||
| Q2 24 | $3.3B | $3.3B | ||
| Q1 24 | $3.1B | $3.3B |
负债/权益比CCOIRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.53× | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $-6.0M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-43.0M | — |
| 自由现金流率自由现金流/营收 | -17.9% | — |
| 资本支出强度资本支出/营收 | 15.4% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-198.1M | — |
8季度趋势，按日历期对齐
经营现金流CCOIRGLD
| Q4 25 | $-6.0M | $241.7M | ||
| Q3 25 | $3.1M | $174.0M | ||
| Q2 25 | $-44.0M | $152.8M | ||
| Q1 25 | $36.4M | $136.4M | ||
| Q4 24 | $14.5M | $141.1M | ||
| Q3 24 | $-20.2M | $136.7M | ||
| Q2 24 | $-22.2M | $113.5M | ||
| Q1 24 | $19.2M | $138.3M |
自由现金流CCOIRGLD
| Q4 25 | $-43.0M | — | ||
| Q3 25 | $-33.1M | — | ||
| Q2 25 | $-100.2M | — | ||
| Q1 25 | $-21.7M | — | ||
| Q4 24 | $-31.6M | — | ||
| Q3 24 | $-79.5M | — | ||
| Q2 24 | $-70.9M | — | ||
| Q1 24 | $-21.7M | — |
自由现金流率CCOIRGLD
| Q4 25 | -17.9% | — | ||
| Q3 25 | -13.7% | — | ||
| Q2 25 | -40.7% | — | ||
| Q1 25 | -8.8% | — | ||
| Q4 24 | -12.5% | — | ||
| Q3 24 | -30.9% | — | ||
| Q2 24 | -27.2% | — | ||
| Q1 24 | -8.1% | — |
资本支出强度CCOIRGLD
| Q4 25 | 15.4% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 22.8% | — | ||
| Q1 25 | 23.5% | — | ||
| Q4 24 | 18.3% | — | ||
| Q3 24 | 23.0% | — | ||
| Q2 24 | 18.7% | — | ||
| Q1 24 | 15.4% | — |
现金转化率CCOIRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 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
CCOI
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% |
