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Freshpet, Inc.（FRPT）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Freshpet, Inc.的1.3倍（$375.3M vs $285.2M），ROYAL GOLD INC净利率更高（24.9% vs 11.9%，领先13.1%），ROYAL GOLD INC同比增速更快（85.3% vs 8.6%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 12.9%）
Freshpet, Inc.是一家美国宠物食品企业，主打鲜制猫粮、狗粮产品，相关产品需冷藏保存，目前在纳斯达克上市，股票代码为FRPT。
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。
FRPT vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.3倍
$285.2M
营收增速更快
RGLD
高出76.7%
8.6%
净利率更高
RGLD
高出13.1%
11.9%
两年增速更快
RGLD
近两年复合增速
12.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $285.2M | $375.3M |
| 净利润 | $33.8M | $93.6M |
| 毛利率 | 43.3% | 64.6% |
| 营业利润率 | 15.6% | 56.2% |
| 净利率 | 11.9% | 24.9% |
| 营收同比 | 8.6% | 85.3% |
| 净利润同比 | 86.6% | -12.8% |
| 每股收益（稀释后） | $0.71 | $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FRPTRGLD
| Q4 25 | $285.2M | $375.3M | ||
| Q3 25 | $288.8M | $252.1M | ||
| Q2 25 | $264.7M | $209.6M | ||
| Q1 25 | $263.2M | $193.4M | ||
| Q4 24 | $262.7M | $202.6M | ||
| Q3 24 | $253.4M | $193.8M | ||
| Q2 24 | $235.3M | $174.1M | ||
| Q1 24 | $223.8M | $148.9M |
净利润FRPTRGLD
| Q4 25 | $33.8M | $93.6M | ||
| Q3 25 | $101.7M | $126.8M | ||
| Q2 25 | $16.4M | $132.3M | ||
| Q1 25 | $-12.7M | $113.5M | ||
| Q4 24 | $18.1M | $107.4M | ||
| Q3 24 | $11.9M | $96.2M | ||
| Q2 24 | $-1.7M | $81.2M | ||
| Q1 24 | $18.6M | $47.2M |
毛利率FRPTRGLD
| Q4 25 | 43.3% | 64.6% | ||
| Q3 25 | 39.5% | 73.6% | ||
| Q2 25 | 40.9% | 72.6% | ||
| Q1 25 | 39.4% | 69.4% | ||
| Q4 24 | 42.5% | 70.3% | ||
| Q3 24 | 40.4% | 66.6% | ||
| Q2 24 | 39.9% | 64.7% | ||
| Q1 24 | 39.4% | 58.4% |
营业利润率FRPTRGLD
| Q4 25 | 15.6% | 56.2% | ||
| Q3 25 | 8.6% | 64.4% | ||
| Q2 25 | 6.7% | 67.7% | ||
| Q1 25 | -4.4% | 63.6% | ||
| Q4 24 | 7.4% | 65.9% | ||
| Q3 24 | 4.7% | 61.3% | ||
| Q2 24 | -0.7% | 58.6% | ||
| Q1 24 | 3.8% | 50.7% |
净利率FRPTRGLD
| Q4 25 | 11.9% | 24.9% | ||
| Q3 25 | 35.2% | 50.3% | ||
| Q2 25 | 6.2% | 63.1% | ||
| Q1 25 | -4.8% | 58.7% | ||
| Q4 24 | 6.9% | 53.0% | ||
| Q3 24 | 4.7% | 49.7% | ||
| Q2 24 | -0.7% | 46.6% | ||
| Q1 24 | 8.3% | 31.7% |
每股收益（稀释后）FRPTRGLD
| Q4 25 | $0.71 | $1.04 | ||
| Q3 25 | $1.86 | $1.92 | ||
| Q2 25 | $0.33 | $2.01 | ||
| Q1 25 | $-0.26 | $1.72 | ||
| Q4 24 | $0.35 | $1.63 | ||
| Q3 24 | $0.24 | $1.46 | ||
| Q2 24 | $-0.03 | $1.23 | ||
| Q1 24 | $0.37 | $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 | $278.0M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.2B | $7.2B |
| 总资产 | $1.8B | $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FRPTRGLD
| Q4 25 | $278.0M | $233.7M | ||
| Q3 25 | $274.6M | $172.8M | ||
| Q2 25 | $243.7M | $248.2M | ||
| Q1 25 | $243.7M | $240.8M | ||
| Q4 24 | $268.6M | $195.5M | ||
| Q3 24 | $274.6M | $127.9M | ||
| Q2 24 | $251.7M | $74.2M | ||
| Q1 24 | $257.9M | $137.9M |
总债务FRPTRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益FRPTRGLD
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.2B | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.0B | $3.2B | ||
| Q4 24 | $1.1B | $3.1B | ||
| Q3 24 | $1.0B | $3.0B | ||
| Q2 24 | $995.8M | $3.0B | ||
| Q1 24 | $977.8M | $2.9B |
总资产FRPTRGLD
| Q4 25 | $1.8B | $9.5B | ||
| Q3 25 | $1.7B | $4.5B | ||
| Q2 25 | $1.6B | $3.6B | ||
| Q1 25 | $1.6B | $3.5B | ||
| Q4 24 | $1.6B | $3.4B | ||
| Q3 24 | $1.5B | $3.3B | ||
| Q2 24 | $1.5B | $3.3B | ||
| Q1 24 | $1.5B | $3.3B |
负债/权益比FRPTRGLD
| 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 | $55.1M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $2.1M | — |
| 自由现金流率自由现金流/营收 | 0.7% | — |
| 资本支出强度资本支出/营收 | 18.6% | — |
| 现金转化率经营现金流/净利润 | 1.63× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $12.4M | — |
8季度趋势，按日历期对齐
经营现金流FRPTRGLD
| Q4 25 | $55.1M | $241.7M | ||
| Q3 25 | $66.8M | $174.0M | ||
| Q2 25 | $33.9M | $152.8M | ||
| Q1 25 | $4.8M | $136.4M | ||
| Q4 24 | $50.4M | $141.1M | ||
| Q3 24 | $56.1M | $136.7M | ||
| Q2 24 | $42.4M | $113.5M | ||
| Q1 24 | $5.4M | $138.3M |
自由现金流FRPTRGLD
| Q4 25 | $2.1M | — | ||
| Q3 25 | $31.6M | — | ||
| Q2 25 | $445.0K | — | ||
| Q1 25 | $-21.7M | — | ||
| Q4 24 | $-7.9M | — | ||
| Q3 24 | $22.1M | — | ||
| Q2 24 | $-5.9M | — | ||
| Q1 24 | $-41.1M | — |
自由现金流率FRPTRGLD
| Q4 25 | 0.7% | — | ||
| Q3 25 | 10.9% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | -8.2% | — | ||
| Q4 24 | -3.0% | — | ||
| Q3 24 | 8.7% | — | ||
| Q2 24 | -2.5% | — | ||
| Q1 24 | -18.3% | — |
资本支出强度FRPTRGLD
| Q4 25 | 18.6% | — | ||
| Q3 25 | 12.2% | — | ||
| Q2 25 | 12.6% | — | ||
| Q1 25 | 10.1% | — | ||
| Q4 24 | 22.2% | — | ||
| Q3 24 | 13.4% | — | ||
| Q2 24 | 20.5% | — | ||
| Q1 24 | 20.8% | — |
现金转化率FRPTRGLD
| Q4 25 | 1.63× | 2.58× | ||
| Q3 25 | 0.66× | 1.37× | ||
| Q2 25 | 2.07× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 2.78× | 1.31× | ||
| Q3 24 | 4.72× | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | 0.29× | 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
FRPT
| Sales Channel Grocery Mass International And Digital | $228.4M | 80% |
| Sales Channel Pet Specialty And Club | $56.8M | 20% |
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% |
