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Dorman Products, Inc.（DORM）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
Dorman Products, Inc.的季度营收约是ROYAL GOLD INC的1.4倍（$537.9M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 2.1%，领先22.8%），ROYAL GOLD INC同比增速更快（85.3% vs 0.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 7.1%）
多尔曼产品公司是美国知名的汽车售后配件制造商，成立于1918年，总部位于宾夕法尼亚州科尔马，在纳斯达克上市，股票代码为DORM，深耕汽车售后市场多年，为市场提供丰富的替换零部件产品。
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。
DORM vs RGLD — 直观对比
营收规模更大
DORM
是对方的1.4倍
$375.3M
营收增速更快
RGLD
高出84.5%
0.8%
净利率更高
RGLD
高出22.8%
2.1%
两年增速更快
RGLD
近两年复合增速
7.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $537.9M | $375.3M |
| 净利润 | $11.6M | $93.6M |
| 毛利率 | 42.6% | 64.6% |
| 营业利润率 | 5.8% | 56.2% |
| 净利率 | 2.1% | 24.9% |
| 营收同比 | 0.8% | 85.3% |
| 净利润同比 | -78.8% | -12.8% |
| 每股收益（稀释后） | $0.38 | $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DORMRGLD
| Q4 25 | $537.9M | $375.3M | ||
| Q3 25 | $543.7M | $252.1M | ||
| Q2 25 | $541.0M | $209.6M | ||
| Q1 25 | $507.7M | $193.4M | ||
| Q4 24 | $533.8M | $202.6M | ||
| Q3 24 | $503.8M | $193.8M | ||
| Q2 24 | $503.0M | $174.1M | ||
| Q1 24 | $468.7M | $148.9M |
净利润DORMRGLD
| Q4 25 | $11.6M | $93.6M | ||
| Q3 25 | $76.4M | $126.8M | ||
| Q2 25 | $58.7M | $132.3M | ||
| Q1 25 | $57.5M | $113.5M | ||
| Q4 24 | $54.5M | $107.4M | ||
| Q3 24 | $55.3M | $96.2M | ||
| Q2 24 | $47.4M | $81.2M | ||
| Q1 24 | $32.8M | $47.2M |
毛利率DORMRGLD
| Q4 25 | 42.6% | 64.6% | ||
| Q3 25 | 44.4% | 73.6% | ||
| Q2 25 | 40.6% | 72.6% | ||
| Q1 25 | 40.9% | 69.4% | ||
| Q4 24 | 41.5% | 70.3% | ||
| Q3 24 | 40.5% | 66.6% | ||
| Q2 24 | 39.6% | 64.7% | ||
| Q1 24 | 38.7% | 58.4% |
营业利润率DORMRGLD
| Q4 25 | 5.8% | 56.2% | ||
| Q3 25 | 19.4% | 64.4% | ||
| Q2 25 | 15.2% | 67.7% | ||
| Q1 25 | 15.8% | 63.6% | ||
| Q4 24 | 16.3% | 65.9% | ||
| Q3 24 | 15.7% | 61.3% | ||
| Q2 24 | 14.4% | 58.6% | ||
| Q1 24 | 11.6% | 50.7% |
净利率DORMRGLD
| Q4 25 | 2.1% | 24.9% | ||
| Q3 25 | 14.1% | 50.3% | ||
| Q2 25 | 10.9% | 63.1% | ||
| Q1 25 | 11.3% | 58.7% | ||
| Q4 24 | 10.2% | 53.0% | ||
| Q3 24 | 11.0% | 49.7% | ||
| Q2 24 | 9.4% | 46.6% | ||
| Q1 24 | 7.0% | 31.7% |
每股收益（稀释后）DORMRGLD
| Q4 25 | $0.38 | $1.04 | ||
| Q3 25 | $2.48 | $1.92 | ||
| Q2 25 | $1.91 | $2.01 | ||
| Q1 25 | $1.87 | $1.72 | ||
| Q4 24 | $1.76 | $1.63 | ||
| Q3 24 | $1.80 | $1.46 | ||
| Q2 24 | $1.53 | $1.23 | ||
| Q1 24 | $1.05 | $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 | $49.4M | $233.7M |
| 总债务越低越好 | $440.6M | — |
| 股东权益账面价值 | $1.5B | $7.2B |
| 总资产 | $2.5B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.30× | — |
8季度趋势，按日历期对齐
现金及短期投资DORMRGLD
| Q4 25 | $49.4M | $233.7M | ||
| Q3 25 | $55.5M | $172.8M | ||
| Q2 25 | $56.8M | $248.2M | ||
| Q1 25 | $60.6M | $240.8M | ||
| Q4 24 | $57.1M | $195.5M | ||
| Q3 24 | $45.1M | $127.9M | ||
| Q2 24 | $47.5M | $74.2M | ||
| Q1 24 | $34.4M | $137.9M |
总债务DORMRGLD
| Q4 25 | $440.6M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $468.8M | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益DORMRGLD
| Q4 25 | $1.5B | $7.2B | ||
| Q3 25 | $1.5B | $3.4B | ||
| Q2 25 | $1.4B | $3.3B | ||
| Q1 25 | $1.3B | $3.2B | ||
| Q4 24 | $1.3B | $3.1B | ||
| Q3 24 | $1.2B | $3.0B | ||
| Q2 24 | $1.2B | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
总资产DORMRGLD
| Q4 25 | $2.5B | $9.5B | ||
| Q3 25 | $2.6B | $4.5B | ||
| Q2 25 | $2.5B | $3.6B | ||
| Q1 25 | $2.4B | $3.5B | ||
| Q4 24 | $2.4B | $3.4B | ||
| Q3 24 | $2.4B | $3.3B | ||
| Q2 24 | $2.3B | $3.3B | ||
| Q1 24 | $2.2B | $3.3B |
负债/权益比DORMRGLD
| Q4 25 | 0.30× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.36× | — | ||
| 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 | $41.6M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $33.5M | — |
| 自由现金流率自由现金流/营收 | 6.2% | — |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 现金转化率经营现金流/净利润 | 3.60× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $75.7M | — |
8季度趋势，按日历期对齐
经营现金流DORMRGLD
| Q4 25 | $41.6M | $241.7M | ||
| Q3 25 | $12.2M | $174.0M | ||
| Q2 25 | $8.5M | $152.8M | ||
| Q1 25 | $51.2M | $136.4M | ||
| Q4 24 | $71.4M | $141.1M | ||
| Q3 24 | $44.3M | $136.7M | ||
| Q2 24 | $63.3M | $113.5M | ||
| Q1 24 | $52.0M | $138.3M |
自由现金流DORMRGLD
| Q4 25 | $33.5M | — | ||
| Q3 25 | $1.8M | — | ||
| Q2 25 | $98.0K | — | ||
| Q1 25 | $40.3M | — | ||
| Q4 24 | $63.2M | — | ||
| Q3 24 | $35.7M | — | ||
| Q2 24 | $51.4M | — | ||
| Q1 24 | $41.2M | — |
自由现金流率DORMRGLD
| Q4 25 | 6.2% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 11.8% | — | ||
| Q3 24 | 7.1% | — | ||
| Q2 24 | 10.2% | — | ||
| Q1 24 | 8.8% | — |
资本支出强度DORMRGLD
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.9% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 2.4% | — | ||
| Q1 24 | 2.3% | — |
现金转化率DORMRGLD
| Q4 25 | 3.60× | 2.58× | ||
| Q3 25 | 0.16× | 1.37× | ||
| Q2 25 | 0.15× | 1.15× | ||
| Q1 25 | 0.89× | 1.20× | ||
| Q4 24 | 1.31× | 1.31× | ||
| Q3 24 | 0.80× | 1.42× | ||
| Q2 24 | 1.34× | 1.40× | ||
| Q1 24 | 1.58× | 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
DORM
| Light Duty | $428.6M | 80% |
| Heavy Duty | $55.8M | 10% |
| Specialty Vehicle | $53.5M | 10% |
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% |
