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Criteo S.A.（CRTO）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
Criteo S.A.的季度营收约是ROYAL GOLD INC的1.3倍（$482.7M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 4.4%，领先20.5%），ROYAL GOLD INC同比增速更快（85.3% vs 2.4%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 1.4%）
Criteo S.A.是一家总部位于法国巴黎的广告服务商，专注于为客户提供在线展示广告服务，帮助品牌与媒体触达目标受众，是全球互联网广告领域的知名企业，深耕效果营销领域多年，服务众多跨境与本土客户。
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。
CRTO vs RGLD — 直观对比
营收规模更大
CRTO
是对方的1.3倍
$375.3M
营收增速更快
RGLD
高出82.9%
2.4%
净利率更高
RGLD
高出20.5%
4.4%
两年增速更快
RGLD
近两年复合增速
1.4%
损益表 — Q2 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $482.7M | $375.3M |
| 净利润 | $21.3M | $93.6M |
| 毛利率 | 53.6% | 64.6% |
| 营业利润率 | 6.3% | 56.2% |
| 净利率 | 4.4% | 24.9% |
| 营收同比 | 2.4% | 85.3% |
| 净利润同比 | -21.3% | -12.8% |
| 每股收益（稀释后） | $0.39 | $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CRTORGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | — | $252.1M | ||
| Q2 25 | $482.7M | $209.6M | ||
| Q1 25 | $451.4M | $193.4M | ||
| Q4 24 | $553.0M | $202.6M | ||
| Q3 24 | $458.9M | $193.8M | ||
| Q2 24 | $471.3M | $174.1M | ||
| Q1 24 | $450.1M | $148.9M |
净利润CRTORGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | — | $126.8M | ||
| Q2 25 | $21.3M | $132.3M | ||
| Q1 25 | $37.9M | $113.5M | ||
| Q4 24 | $71.1M | $107.4M | ||
| Q3 24 | $6.2M | $96.2M | ||
| Q2 24 | $27.0M | $81.2M | ||
| Q1 24 | $7.2M | $47.2M |
毛利率CRTORGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | 53.6% | 72.6% | ||
| Q1 25 | 52.5% | 69.4% | ||
| Q4 24 | 54.4% | 70.3% | ||
| Q3 24 | 50.5% | 66.6% | ||
| Q2 24 | 49.4% | 64.7% | ||
| Q1 24 | 48.3% | 58.4% |
营业利润率CRTORGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | — | 64.4% | ||
| Q2 25 | 6.3% | 67.7% | ||
| Q1 25 | 10.7% | 63.6% | ||
| Q4 24 | 17.1% | 65.9% | ||
| Q3 24 | 2.1% | 61.3% | ||
| Q2 24 | 7.8% | 58.6% | ||
| Q1 24 | 2.3% | 50.7% |
净利率CRTORGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | — | 50.3% | ||
| Q2 25 | 4.4% | 63.1% | ||
| Q1 25 | 8.4% | 58.7% | ||
| Q4 24 | 12.9% | 53.0% | ||
| Q3 24 | 1.4% | 49.7% | ||
| Q2 24 | 5.7% | 46.6% | ||
| Q1 24 | 1.6% | 31.7% |
每股收益（稀释后）CRTORGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | — | $1.92 | ||
| Q2 25 | $0.39 | $2.01 | ||
| Q1 25 | $0.66 | $1.72 | ||
| Q4 24 | $1.21 | $1.63 | ||
| Q3 24 | $0.11 | $1.46 | ||
| Q2 24 | $0.46 | $1.23 | ||
| Q1 24 | $0.12 | $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 | $223.6M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $7.2B |
| 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CRTORGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | — | $172.8M | ||
| Q2 25 | $223.6M | $248.2M | ||
| Q1 25 | $313.2M | $240.8M | ||
| Q4 24 | $316.9M | $195.5M | ||
| Q3 24 | $231.8M | $127.9M | ||
| Q2 24 | $233.2M | $74.2M | ||
| Q1 24 | $278.1M | $137.9M |
总债务CRTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益CRTORGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.1B | $3.2B | ||
| Q4 24 | $1.0B | $3.1B | ||
| Q3 24 | $1.1B | $3.0B | ||
| Q2 24 | $1.0B | $3.0B | ||
| Q1 24 | $1.0B | $2.9B |
总资产CRTORGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | $2.1B | $3.6B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.3B | $3.4B | ||
| Q3 24 | $2.2B | $3.3B | ||
| Q2 24 | $2.2B | $3.3B | ||
| Q1 24 | $2.2B | $3.3B |
负债/权益比CRTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $-1.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-36.6M | — |
| 自由现金流率自由现金流/营收 | -7.6% | — |
| 资本支出强度资本支出/营收 | 7.3% | — |
| 现金转化率经营现金流/净利润 | -0.07× | 2.58× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流CRTORGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | — | $174.0M | ||
| Q2 25 | $-1.4M | $152.8M | ||
| Q1 25 | $62.3M | $136.4M | ||
| Q4 24 | $169.5M | $141.1M | ||
| Q3 24 | $57.5M | $136.7M | ||
| Q2 24 | $17.2M | $113.5M | ||
| Q1 24 | $14.0M | $138.3M |
自由现金流CRTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-36.6M | — | ||
| Q1 25 | $45.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $-4.0M | — | ||
| Q1 24 | $173.0K | — |
自由现金流率CRTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -7.6% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -0.9% | — | ||
| Q1 24 | 0.0% | — |
资本支出强度CRTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 4.5% | — | ||
| Q1 24 | 3.1% | — |
现金转化率CRTORGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | -0.07× | 1.15× | ||
| Q1 25 | 1.64× | 1.20× | ||
| Q4 24 | 2.38× | 1.31× | ||
| Q3 24 | 9.21× | 1.42× | ||
| Q2 24 | 0.64× | 1.40× | ||
| Q1 24 | 1.93× | 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
CRTO
| Commerce Growth | $393.9M | 82% |
| Retail Media | $60.9M | 13% |
| Other | $27.9M | 6% |
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% |
