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Custom Truck One Source, Inc.（CTOS）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
Custom Truck One Source, Inc.的季度营收约是ROYAL GOLD INC的1.1倍（$422.2M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs -4.2%，领先29.2%），ROYAL GOLD INC同比增速更快（85.3% vs -8.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 14.8%）
Custom Truck One Source是北美领先的专用重型卡车及设备解决方案提供商，业务覆盖定制车辆制造、设备销售与租赁、售后配件供应及维保服务，主要服务基建、公用事业、建筑、能源等核心领域。
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。
CTOS vs RGLD — 直观对比
营收规模更大
CTOS
是对方的1.1倍
$375.3M
营收增速更快
RGLD
高出93.8%
-8.5%
净利率更高
RGLD
高出29.2%
-4.2%
两年增速更快
RGLD
近两年复合增速
14.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $422.2M | $375.3M |
| 净利润 | $-17.8M | $93.6M |
| 毛利率 | 20.3% | 64.6% |
| 营业利润率 | 2.9% | 56.2% |
| 净利率 | -4.2% | 24.9% |
| 营收同比 | -8.5% | 85.3% |
| 净利润同比 | -333.7% | -12.8% |
| 每股收益（稀释后） | $-0.08 | $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CTOSRGLD
| Q1 26 | $422.2M | — | ||
| Q4 25 | $387.3M | $375.3M | ||
| Q3 25 | $359.9M | $252.1M | ||
| Q2 25 | $392.2M | $209.6M | ||
| Q1 25 | $307.1M | $193.4M | ||
| Q4 24 | $398.3M | $202.6M | ||
| Q3 24 | $337.5M | $193.8M | ||
| Q2 24 | $320.6M | $174.1M |
净利润CTOSRGLD
| Q1 26 | $-17.8M | — | ||
| Q4 25 | $20.9M | $93.6M | ||
| Q3 25 | $-5.8M | $126.8M | ||
| Q2 25 | $-28.4M | $132.3M | ||
| Q1 25 | $-17.8M | $113.5M | ||
| Q4 24 | $27.6M | $107.4M | ||
| Q3 24 | $-17.4M | $96.2M | ||
| Q2 24 | $-24.5M | $81.2M |
毛利率CTOSRGLD
| Q1 26 | 20.3% | — | ||
| Q4 25 | 31.8% | 64.6% | ||
| Q3 25 | 28.0% | 73.6% | ||
| Q2 25 | 26.1% | 72.6% | ||
| Q1 25 | 27.9% | 69.4% | ||
| Q4 24 | 29.7% | 70.3% | ||
| Q3 24 | 27.2% | 66.6% | ||
| Q2 24 | 27.8% | 64.7% |
营业利润率CTOSRGLD
| Q1 26 | 2.9% | — | ||
| Q4 25 | 13.4% | 56.2% | ||
| Q3 25 | 9.1% | 64.4% | ||
| Q2 25 | 7.1% | 67.7% | ||
| Q1 25 | 4.0% | 63.6% | ||
| Q4 24 | 16.9% | 65.9% | ||
| Q3 24 | 6.8% | 61.3% | ||
| Q2 24 | 5.5% | 58.6% |
净利率CTOSRGLD
| Q1 26 | -4.2% | — | ||
| Q4 25 | 5.4% | 24.9% | ||
| Q3 25 | -1.6% | 50.3% | ||
| Q2 25 | -7.2% | 63.1% | ||
| Q1 25 | -5.8% | 58.7% | ||
| Q4 24 | 6.9% | 53.0% | ||
| Q3 24 | -5.2% | 49.7% | ||
| Q2 24 | -7.6% | 46.6% |
每股收益（稀释后）CTOSRGLD
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $0.10 | $1.04 | ||
| Q3 25 | $-0.03 | $1.92 | ||
| Q2 25 | $-0.13 | $2.01 | ||
| Q1 25 | $-0.08 | $1.72 | ||
| Q4 24 | $0.11 | $1.63 | ||
| Q3 24 | $-0.07 | $1.46 | ||
| Q2 24 | $-0.10 | $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 | $6.3M | $233.7M |
| 总债务越低越好 | $25.9M | — |
| 股东权益账面价值 | $809.1M | $7.2B |
| 总资产 | $3.4B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.03× | — |
8季度趋势，按日历期对齐
现金及短期投资CTOSRGLD
| Q1 26 | $6.3M | — | ||
| Q4 25 | $6.3M | $233.7M | ||
| Q3 25 | $13.1M | $172.8M | ||
| Q2 25 | $5.3M | $248.2M | ||
| Q1 25 | $5.4M | $240.8M | ||
| Q4 24 | $3.8M | $195.5M | ||
| Q3 24 | $8.4M | $127.9M | ||
| Q2 24 | $8.1M | $74.2M |
总债务CTOSRGLD
| Q1 26 | $25.9M | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $0 | ||
| Q2 24 | $1.5B | $50.0M |
股东权益CTOSRGLD
| Q1 26 | $809.1M | — | ||
| Q4 25 | $809.1M | $7.2B | ||
| Q3 25 | $784.7M | $3.4B | ||
| Q2 25 | $790.1M | $3.3B | ||
| Q1 25 | $813.4M | $3.2B | ||
| Q4 24 | $861.3M | $3.1B | ||
| Q3 24 | $837.5M | $3.0B | ||
| Q2 24 | $856.7M | $3.0B |
总资产CTOSRGLD
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $9.5B | ||
| Q3 25 | $3.5B | $4.5B | ||
| Q2 25 | $3.6B | $3.6B | ||
| Q1 25 | $3.5B | $3.5B | ||
| Q4 24 | $3.5B | $3.4B | ||
| Q3 24 | $3.6B | $3.3B | ||
| Q2 24 | $3.5B | $3.3B |
负债/权益比CTOSRGLD
| Q1 26 | 0.03× | — | ||
| Q4 25 | 2.03× | — | ||
| Q3 25 | 2.10× | — | ||
| Q2 25 | 2.04× | — | ||
| Q1 25 | 1.97× | — | ||
| Q4 24 | 1.77× | — | ||
| Q3 24 | 1.87× | 0.00× | ||
| Q2 24 | 1.79× | 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 | — | $241.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 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 | — | 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CTOSRGLD
| Q1 26 | — | — | ||
| Q4 25 | $47.3M | $241.7M | ||
| Q3 25 | $81.5M | $174.0M | ||
| Q2 25 | $125.7M | $152.8M | ||
| Q1 25 | $55.6M | $136.4M | ||
| Q4 24 | $82.1M | $141.1M | ||
| Q3 24 | $16.5M | $136.7M | ||
| Q2 24 | $37.8M | $113.5M |
现金转化率CTOSRGLD
| Q1 26 | — | — | ||
| Q4 25 | 2.27× | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 2.98× | 1.31× | ||
| Q3 24 | — | 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
CTOS
| Equipment sales | $273.9M | 65% |
| Rental revenue | $116.3M | 28% |
| Parts sales and services | $32.1M | 8% |
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% |
