vs
进步能源（FLNC）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是进步能源的1.3倍（$622.0M vs $475.2M），Royalty Pharma plc净利率更高（34.4% vs -9.5%，领先43.9%），进步能源同比增速更快（154.4% vs 4.8%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% vs -12.7%）
进步能源是一家电力生产与分销企业，并入杜克能源前为财富500强能源企业，总发电容量超21000兆瓦，年营收达90亿美元。公司总部位于北卡罗来纳州罗利，旗下拥有两家大型电力公用事业公司，为卡罗来纳州及佛罗里达州约310万用户提供服务。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
FLNC vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.3倍
$475.2M
营收增速更快
FLNC
高出149.6%
4.8%
净利率更高
RPRX
高出43.9%
-9.5%
两年增速更快
RPRX
近两年复合增速
-12.7%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $475.2M | $622.0M |
| 净利润 | $-45.1M | $214.2M |
| 毛利率 | 4.9% | — |
| 营业利润率 | -14.8% | 62.4% |
| 净利率 | -9.5% | 34.4% |
| 营收同比 | 154.4% | 4.8% |
| 净利润同比 | -8.7% | 2.9% |
| 每股收益（稀释后） | $-0.34 | $0.49 |
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FLNCRPRX
| Q4 25 | $475.2M | $622.0M | ||
| Q3 25 | $1.0B | $609.3M | ||
| Q2 25 | $602.5M | $578.7M | ||
| Q1 25 | $431.6M | $568.2M | ||
| Q4 24 | $186.8M | $593.6M | ||
| Q3 24 | $1.2B | $564.7M | ||
| Q2 24 | $483.3M | $537.3M | ||
| Q1 24 | $623.1M | $568.0M |
净利润FLNCRPRX
| Q4 25 | $-45.1M | $214.2M | ||
| Q3 25 | $17.9M | $288.2M | ||
| Q2 25 | $6.3M | $30.2M | ||
| Q1 25 | $-31.0M | $238.3M | ||
| Q4 24 | $-41.5M | $208.2M | ||
| Q3 24 | $47.8M | $544.0M | ||
| Q2 24 | $785.0K | $102.0M | ||
| Q1 24 | $-9.2M | $4.8M |
毛利率FLNCRPRX
| Q4 25 | 4.9% | — | ||
| Q3 25 | 13.7% | — | ||
| Q2 25 | 14.8% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 11.4% | — | ||
| Q3 24 | 12.8% | — | ||
| Q2 24 | 17.2% | — | ||
| Q1 24 | 10.3% | — |
营业利润率FLNCRPRX
| Q4 25 | -14.8% | 62.4% | ||
| Q3 25 | 4.4% | 70.1% | ||
| Q2 25 | 1.9% | 36.3% | ||
| Q1 25 | -10.2% | 94.0% | ||
| Q4 24 | -31.4% | 60.9% | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 1.1% | 50.2% | ||
| Q1 24 | -2.3% | -13.0% |
净利率FLNCRPRX
| Q4 25 | -9.5% | 34.4% | ||
| Q3 25 | 1.7% | 47.3% | ||
| Q2 25 | 1.0% | 5.2% | ||
| Q1 25 | -7.2% | 41.9% | ||
| Q4 24 | -22.2% | 35.1% | ||
| Q3 24 | 3.9% | 96.3% | ||
| Q2 24 | 0.2% | 19.0% | ||
| Q1 24 | -1.5% | 0.8% |
每股收益（稀释后）FLNCRPRX
| Q4 25 | $-0.34 | $0.49 | ||
| Q3 25 | $0.18 | $0.67 | ||
| Q2 25 | $0.01 | $0.07 | ||
| Q1 25 | $-0.24 | $0.55 | ||
| Q4 24 | $-0.32 | $0.46 | ||
| Q3 24 | $0.34 | $1.21 | ||
| Q2 24 | $0.00 | $0.23 | ||
| Q1 24 | $-0.07 | $0.01 |
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 | $452.6M | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $388.0M | $9.7B |
| 总资产 | $2.3B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资FLNCRPRX
| Q4 25 | $452.6M | $618.7M | ||
| Q3 25 | $690.8M | $938.9M | ||
| Q2 25 | $436.3M | $631.9M | ||
| Q1 25 | $568.6M | $1.1B | ||
| Q4 24 | $607.4M | $929.0M | ||
| Q3 24 | $448.7M | $950.1M | ||
| Q2 24 | $388.2M | $1.8B | ||
| Q1 24 | $411.8M | $843.0M |
总债务FLNCRPRX
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $6.1B |
股东权益FLNCRPRX
| Q4 25 | $388.0M | $9.7B | ||
| Q3 25 | $429.6M | $9.6B | ||
| Q2 25 | $407.4M | $9.5B | ||
| Q1 25 | $388.2M | $9.8B | ||
| Q4 24 | $409.4M | $10.3B | ||
| Q3 24 | $472.1M | $10.3B | ||
| Q2 24 | $421.2M | $9.8B | ||
| Q1 24 | $413.1M | $9.9B |
总资产FLNCRPRX
| Q4 25 | $2.3B | $19.6B | ||
| Q3 25 | $2.4B | $19.3B | ||
| Q2 25 | $2.1B | $18.3B | ||
| Q1 25 | $2.3B | $17.6B | ||
| Q4 24 | $2.2B | $18.2B | ||
| Q3 24 | $1.9B | $18.0B | ||
| Q2 24 | $1.7B | $17.7B | ||
| Q1 24 | $1.5B | $16.1B |
负债/权益比FLNCRPRX
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.62× |
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 | $-226.8M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $-232.6M | — |
| 自由现金流率自由现金流/营收 | -48.9% | — |
| 资本支出强度资本支出/营收 | 1.2% | — |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | $-179.7M | — |
8季度趋势，按日历期对齐
经营现金流FLNCRPRX
| Q4 25 | $-226.8M | $827.1M | ||
| Q3 25 | $265.7M | $702.6M | ||
| Q2 25 | $-153.9M | $364.0M | ||
| Q1 25 | $-46.2M | $596.1M | ||
| Q4 24 | $-211.2M | $742.5M | ||
| Q3 24 | $10.5M | $703.6M | ||
| Q2 24 | $-21.1M | $658.2M | ||
| Q1 24 | $70.9M | $664.6M |
自由现金流FLNCRPRX
| Q4 25 | $-232.6M | — | ||
| Q3 25 | $260.9M | — | ||
| Q2 25 | $-157.4M | — | ||
| Q1 25 | $-50.5M | — | ||
| Q4 24 | $-213.3M | — | ||
| Q3 24 | $7.3M | — | ||
| Q2 24 | $-23.5M | — | ||
| Q1 24 | $69.9M | — |
自由现金流率FLNCRPRX
| Q4 25 | -48.9% | — | ||
| Q3 25 | 25.0% | — | ||
| Q2 25 | -26.1% | — | ||
| Q1 25 | -11.7% | — | ||
| Q4 24 | -114.2% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | -4.9% | — | ||
| Q1 24 | 11.2% | — |
资本支出强度FLNCRPRX
| Q4 25 | 1.2% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.3% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.2% | — |
现金转化率FLNCRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | 14.81× | 2.44× | ||
| Q2 25 | -24.61× | 12.06× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | 0.22× | 1.29× | ||
| Q2 24 | -26.87× | 6.45× | ||
| Q1 24 | — | 139.10× |
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
FLNC
| Products | $450.9M | 95% |
| Services | $22.5M | 5% |
| Digital Applications And Solutions | $1.9M | 0% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
