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DORCHESTER MINERALS, L.P.（DMLP）与REDWOOD TRUST INC（RWT）财务数据对比。点击上方公司名可切换其他公司
DORCHESTER MINERALS, L.P.的季度营收约是REDWOOD TRUST INC的1.6倍（$41.9M vs $25.9M），REDWOOD TRUST INC净利率更高（77.2% vs 38.7%，领先38.5%），DORCHESTER MINERALS, L.P.同比增速更快（5.4% vs -6.1%），过去两年DORCHESTER MINERALS, L.P.的营收复合增速更高（16.2% vs -41.0%）
多切斯特矿业有限合伙是一家总部位于美国的上市有限合伙企业，主要收购、持有及管理油气相关的特许权权益、净利润权益、矿产产权等多元化资产组合，资产覆盖美国多个核心陆上油气产区，为合伙份额持有人提供稳定的现金流回报。
Redwood Trust Inc是总部位于美国的专业房地产投资信托公司，主营住宅与商业抵押贷款、抵押贷款支持证券及房地产信贷类资产的投资管理，核心业务覆盖住宅抵押贷款发放、商业地产信贷和投资服务，客户以机构投资者和房地产市场参与者为主。
DMLP vs RWT — 直观对比
营收规模更大
DMLP
是对方的1.6倍
$25.9M
营收增速更快
DMLP
高出11.5%
-6.1%
净利率更高
RWT
高出38.5%
38.7%
两年增速更快
DMLP
近两年复合增速
-41.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $41.9M | $25.9M |
| 净利润 | $16.2M | $20.0M |
| 毛利率 | — | — |
| 营业利润率 | — | — |
| 净利率 | 38.7% | 77.2% |
| 营收同比 | 5.4% | -6.1% |
| 净利润同比 | 13.7% | 402.6% |
| 每股收益（稀释后） | — | $0.11 |
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DMLPRWT
| Q4 25 | $41.9M | $25.9M | ||
| Q3 25 | $35.4M | $15.0M | ||
| Q2 25 | $32.4M | $13.8M | ||
| Q1 25 | $43.2M | $27.9M | ||
| Q4 24 | $39.7M | $27.6M | ||
| Q3 24 | $53.5M | $25.5M | ||
| Q2 24 | $37.4M | $67.4M | ||
| Q1 24 | $31.0M | $74.5M |
净利润DMLPRWT
| Q4 25 | $16.2M | $20.0M | ||
| Q3 25 | $11.2M | $-7.7M | ||
| Q2 25 | $12.3M | $-98.5M | ||
| Q1 25 | $17.6M | $16.1M | ||
| Q4 24 | $14.2M | $-6.6M | ||
| Q3 24 | $36.4M | $14.8M | ||
| Q2 24 | $23.6M | $15.5M | ||
| Q1 24 | $18.2M | $30.3M |
营业利润率DMLPRWT
| Q4 25 | — | — | ||
| Q3 25 | — | -9.0% | ||
| Q2 25 | — | -679.0% | ||
| Q1 25 | — | 80.2% | ||
| Q4 24 | — | -1.3% | ||
| Q3 24 | — | 86.1% | ||
| Q2 24 | — | 30.3% | ||
| Q1 24 | — | 41.3% |
净利率DMLPRWT
| Q4 25 | 38.7% | 77.2% | ||
| Q3 25 | 31.5% | -51.4% | ||
| Q2 25 | 38.1% | -712.0% | ||
| Q1 25 | 40.9% | 57.8% | ||
| Q4 24 | 35.9% | -24.0% | ||
| Q3 24 | 68.1% | 58.1% | ||
| Q2 24 | 63.2% | 23.0% | ||
| Q1 24 | 58.6% | 40.6% |
每股收益（稀释后）DMLPRWT
| Q4 25 | — | $0.11 | ||
| Q3 25 | — | $-0.08 | ||
| Q2 25 | — | $-0.76 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $0.09 | ||
| Q2 24 | — | $0.10 | ||
| Q1 24 | — | $0.21 |
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 | $41.9M | $255.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | — | $982.6M |
| 总资产 | $309.6M | $23.7B |
| 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DMLPRWT
| Q4 25 | $41.9M | $255.7M | ||
| Q3 25 | $41.6M | $226.3M | ||
| Q2 25 | $36.5M | $302.0M | ||
| Q1 25 | $41.5M | $259.9M | ||
| Q4 24 | $42.5M | $245.2M | ||
| Q3 24 | $56.5M | $253.7M | ||
| Q2 24 | $35.2M | $275.6M | ||
| Q1 24 | $37.7M | $275.4M |
总债务DMLPRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $1.7B |
股东权益DMLPRWT
| Q4 25 | — | $982.6M | ||
| Q3 25 | — | $999.0M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总资产DMLPRWT
| Q4 25 | $309.6M | $23.7B | ||
| Q3 25 | $330.4M | $22.6B | ||
| Q2 25 | $325.6M | $21.3B | ||
| Q1 25 | $349.0M | $19.9B | ||
| Q4 24 | $366.8M | $18.3B | ||
| Q3 24 | $403.4M | $18.4B | ||
| Q2 24 | $176.0M | $16.5B | ||
| Q1 24 | $184.8M | $15.1B |
负债/权益比DMLPRWT
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.39× |
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 | $34.3M | $-10.1B |
| 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 | 2.12× | -504.15× |
| 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DMLPRWT
| Q4 25 | $34.3M | $-10.1B | ||
| Q3 25 | $34.3M | $-2.7B | ||
| Q2 25 | $30.5M | $-2.1B | ||
| Q1 25 | $33.4M | $-2.0B | ||
| Q4 24 | $31.5M | $-5.9B | ||
| Q3 24 | $43.7M | $-2.1B | ||
| Q2 24 | $29.4M | $-2.0B | ||
| Q1 24 | $28.0M | $-954.2M |
现金转化率DMLPRWT
| Q4 25 | 2.12× | -504.15× | ||
| Q3 25 | 3.07× | — | ||
| Q2 25 | 2.47× | — | ||
| Q1 25 | 1.89× | -120.92× | ||
| Q4 24 | 2.21× | — | ||
| Q3 24 | 1.20× | -140.86× | ||
| Q2 24 | 1.25× | -126.56× | ||
| Q1 24 | 1.54× | -31.53× |
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
DMLP
| Royalties | $34.0M | 81% |
| Other | $7.8M | 19% |
RWT
暂无分部数据
