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Douglas Elliman Inc.（DOUG）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Douglas Elliman Inc.的1.5倍（$375.3M vs $245.4M），Douglas Elliman Inc.净利率更高（27.9% vs 24.9%，领先3.0%），ROYAL GOLD INC同比增速更快（85.3% vs 0.9%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 10.7%）
Douglas Elliman Inc.是美国领先的住宅房地产经纪企业，提供高端房产买卖、租赁、物业管理及相关咨询服务，核心业务覆盖纽约、加州、佛罗里达、得克萨斯等都会区，主要服务高净值客户群体。
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。
DOUG vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.5倍
$245.4M
营收增速更快
RGLD
高出84.4%
0.9%
净利率更高
DOUG
高出3.0%
24.9%
两年增速更快
RGLD
近两年复合增速
10.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $245.4M | $375.3M |
| 净利润 | $68.6M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 27.3% | 56.2% |
| 净利率 | 27.9% | 24.9% |
| 营收同比 | 0.9% | 85.3% |
| 净利润同比 | 1243.4% | -12.8% |
| 每股收益（稀释后） | $0.80 | $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DOUGRGLD
| Q4 25 | $245.4M | $375.3M | ||
| Q3 25 | $262.8M | $252.1M | ||
| Q2 25 | $271.4M | $209.6M | ||
| Q1 25 | $253.4M | $193.4M | ||
| Q4 24 | $243.3M | $202.6M | ||
| Q3 24 | $266.3M | $193.8M | ||
| Q2 24 | $285.8M | $174.1M | ||
| Q1 24 | $200.2M | $148.9M |
净利润DOUGRGLD
| Q4 25 | $68.6M | $93.6M | ||
| Q3 25 | $-24.7M | $126.8M | ||
| Q2 25 | $-22.7M | $132.3M | ||
| Q1 25 | $-6.0M | $113.5M | ||
| Q4 24 | $-6.0M | $107.4M | ||
| Q3 24 | $-27.2M | $96.2M | ||
| Q2 24 | $-1.7M | $81.2M | ||
| Q1 24 | $-41.5M | $47.2M |
毛利率DOUGRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% | ||
| Q1 24 | — | 58.4% |
营业利润率DOUGRGLD
| Q4 25 | 27.3% | 56.2% | ||
| Q3 25 | -4.1% | 64.4% | ||
| Q2 25 | -2.0% | 67.7% | ||
| Q1 25 | -2.1% | 63.6% | ||
| Q4 24 | -6.7% | 65.9% | ||
| Q3 24 | -2.8% | 61.3% | ||
| Q2 24 | -1.3% | 58.6% | ||
| Q1 24 | -20.7% | 50.7% |
净利率DOUGRGLD
| Q4 25 | 27.9% | 24.9% | ||
| Q3 25 | -9.4% | 50.3% | ||
| Q2 25 | -8.4% | 63.1% | ||
| Q1 25 | -2.4% | 58.7% | ||
| Q4 24 | -2.5% | 53.0% | ||
| Q3 24 | -10.2% | 49.7% | ||
| Q2 24 | -0.6% | 46.6% | ||
| Q1 24 | -20.7% | 31.7% |
每股收益（稀释后）DOUGRGLD
| Q4 25 | $0.80 | $1.04 | ||
| Q3 25 | $-0.29 | $1.92 | ||
| Q2 25 | $-0.27 | $2.01 | ||
| Q1 25 | $-0.07 | $1.72 | ||
| Q4 24 | $-0.06 | $1.63 | ||
| Q3 24 | $-0.33 | $1.46 | ||
| Q2 24 | $-0.02 | $1.23 | ||
| Q1 24 | $-0.50 | $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 | $115.5M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $183.9M | $7.2B |
| 总资产 | $444.4M | $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DOUGRGLD
| Q4 25 | $115.5M | $233.7M | ||
| Q3 25 | $143.0M | $172.8M | ||
| Q2 25 | $136.3M | $248.2M | ||
| Q1 25 | $136.8M | $240.8M | ||
| Q4 24 | $145.5M | $195.5M | ||
| Q3 24 | $151.4M | $127.9M | ||
| Q2 24 | $92.9M | $74.2M | ||
| Q1 24 | $91.5M | $137.9M |
总债务DOUGRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益DOUGRGLD
| Q4 25 | $183.9M | $7.2B | ||
| Q3 25 | $115.1M | $3.4B | ||
| Q2 25 | $137.6M | $3.3B | ||
| Q1 25 | $158.2M | $3.2B | ||
| Q4 24 | $162.2M | $3.1B | ||
| Q3 24 | $173.6M | $3.0B | ||
| Q2 24 | $196.9M | $3.0B | ||
| Q1 24 | $195.1M | $2.9B |
总资产DOUGRGLD
| Q4 25 | $444.4M | $9.5B | ||
| Q3 25 | $480.6M | $4.5B | ||
| Q2 25 | $489.0M | $3.6B | ||
| Q1 25 | $493.9M | $3.5B | ||
| Q4 24 | $493.9M | $3.4B | ||
| Q3 24 | $502.7M | $3.3B | ||
| Q2 24 | $463.9M | $3.3B | ||
| Q1 24 | $461.1M | $3.3B |
负债/权益比DOUGRGLD
| 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 | $-14.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-14.7M | — |
| 自由现金流率自由现金流/营收 | -6.0% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | -0.21× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-17.2M | — |
8季度趋势，按日历期对齐
经营现金流DOUGRGLD
| Q4 25 | $-14.4M | $241.7M | ||
| Q3 25 | $5.5M | $174.0M | ||
| Q2 25 | $642.0K | $152.8M | ||
| Q1 25 | $-5.6M | $136.4M | ||
| Q4 24 | $-9.0M | $141.1M | ||
| Q3 24 | $9.0M | $136.7M | ||
| Q2 24 | $1.3M | $113.5M | ||
| Q1 24 | $-27.3M | $138.3M |
自由现金流DOUGRGLD
| Q4 25 | $-14.7M | — | ||
| Q3 25 | $4.7M | — | ||
| Q2 25 | $-575.0K | — | ||
| Q1 25 | $-6.7M | — | ||
| Q4 24 | $-10.2M | — | ||
| Q3 24 | $7.7M | — | ||
| Q2 24 | $432.0K | — | ||
| Q1 24 | $-29.4M | — |
自由现金流率DOUGRGLD
| Q4 25 | -6.0% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | -0.2% | — | ||
| Q1 25 | -2.6% | — | ||
| Q4 24 | -4.2% | — | ||
| Q3 24 | 2.9% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | -14.7% | — |
资本支出强度DOUGRGLD
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 1.0% | — |
现金转化率DOUGRGLD
| Q4 25 | -0.21× | 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
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
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% |
