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HELIX ENERGY SOLUTIONS GROUP INC（HLX）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HELIX ENERGY SOLUTIONS GROUP INC的1.3倍（$375.3M vs $287.9M），ROYAL GOLD INC净利率更高（24.9% vs -4.7%，领先29.6%），ROYAL GOLD INC同比增速更快（85.3% vs -13.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -11.2%）
Helix Energy Solutions是总部位于美国得克萨斯州休斯顿的油气服务企业，2006年前名为Cal Dive International。该企业是全球离岸油气服务供应商，为新建及在产油气田提供油井干预作业以及遥控潜水器作业服务。
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。
HLX vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.3倍
$287.9M
营收增速更快
RGLD
高出99.1%
-13.8%
净利率更高
RGLD
高出29.6%
-4.7%
两年增速更快
RGLD
近两年复合增速
-11.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $287.9M | $375.3M |
| 净利润 | $-13.4M | $93.6M |
| 毛利率 | 3.1% | 64.6% |
| 营业利润率 | — | 56.2% |
| 净利率 | -4.7% | 24.9% |
| 营收同比 | -13.8% | 85.3% |
| 净利润同比 | -262.1% | -12.8% |
| 每股收益（稀释后） | $-0.09 | $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HLXRGLD
| Q1 26 | $287.9M | — | ||
| Q4 25 | $334.2M | $375.3M | ||
| Q3 25 | $377.0M | $252.1M | ||
| Q2 25 | $302.3M | $209.6M | ||
| Q1 25 | $278.1M | $193.4M | ||
| Q4 24 | $355.1M | $202.6M | ||
| Q3 24 | $342.4M | $193.8M | ||
| Q2 24 | $364.8M | $174.1M |
净利润HLXRGLD
| Q1 26 | $-13.4M | — | ||
| Q4 25 | $8.3M | $93.6M | ||
| Q3 25 | $22.1M | $126.8M | ||
| Q2 25 | $-2.6M | $132.3M | ||
| Q1 25 | $3.1M | $113.5M | ||
| Q4 24 | $20.1M | $107.4M | ||
| Q3 24 | $29.5M | $96.2M | ||
| Q2 24 | $32.3M | $81.2M |
毛利率HLXRGLD
| Q1 26 | 3.1% | — | ||
| Q4 25 | 15.2% | 64.6% | ||
| Q3 25 | 17.5% | 73.6% | ||
| Q2 25 | 4.9% | 72.6% | ||
| Q1 25 | 9.9% | 69.4% | ||
| Q4 24 | 16.6% | 70.3% | ||
| Q3 24 | 19.2% | 66.6% | ||
| Q2 24 | 20.7% | 64.7% |
营业利润率HLXRGLD
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 56.2% | ||
| Q3 25 | 12.7% | 64.4% | ||
| Q2 25 | -1.0% | 67.7% | ||
| Q1 25 | 2.9% | 63.6% | ||
| Q4 24 | 8.7% | 65.9% | ||
| Q3 24 | 13.0% | 61.3% | ||
| Q2 24 | 14.6% | 58.6% |
净利率HLXRGLD
| Q1 26 | -4.7% | — | ||
| Q4 25 | 2.5% | 24.9% | ||
| Q3 25 | 5.9% | 50.3% | ||
| Q2 25 | -0.9% | 63.1% | ||
| Q1 25 | 1.1% | 58.7% | ||
| Q4 24 | 5.7% | 53.0% | ||
| Q3 24 | 8.6% | 49.7% | ||
| Q2 24 | 8.9% | 46.6% |
每股收益（稀释后）HLXRGLD
| Q1 26 | $-0.09 | — | ||
| Q4 25 | $0.06 | $1.04 | ||
| Q3 25 | $0.15 | $1.92 | ||
| Q2 25 | $-0.02 | $2.01 | ||
| Q1 25 | $0.02 | $1.72 | ||
| Q4 24 | $0.13 | $1.63 | ||
| Q3 24 | $0.19 | $1.46 | ||
| Q2 24 | $0.21 | $1.23 |
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 | $501.3M | $233.7M |
| 总债务越低越好 | $303.8M | — |
| 股东权益账面价值 | $1.6B | $7.2B |
| 总资产 | $2.6B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资HLXRGLD
| Q1 26 | $501.3M | — | ||
| Q4 25 | $445.2M | $233.7M | ||
| Q3 25 | $338.0M | $172.8M | ||
| Q2 25 | $319.7M | $248.2M | ||
| Q1 25 | $370.0M | $240.8M | ||
| Q4 24 | $368.0M | $195.5M | ||
| Q3 24 | $324.1M | $127.9M | ||
| Q2 24 | $275.1M | $74.2M |
总债务HLXRGLD
| Q1 26 | $303.8M | — | ||
| Q4 25 | $308.0M | — | ||
| Q3 25 | $307.5M | — | ||
| Q2 25 | $311.6M | — | ||
| Q1 25 | $311.1M | — | ||
| Q4 24 | $315.2M | — | ||
| Q3 24 | $314.7M | $0 | ||
| Q2 24 | $318.6M | $50.0M |
股东权益HLXRGLD
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $7.2B | ||
| Q3 25 | $1.6B | $3.4B | ||
| Q2 25 | $1.6B | $3.3B | ||
| Q1 25 | $1.5B | $3.2B | ||
| Q4 24 | $1.5B | $3.1B | ||
| Q3 24 | $1.6B | $3.0B | ||
| Q2 24 | $1.5B | $3.0B |
总资产HLXRGLD
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $9.5B | ||
| Q3 25 | $2.6B | $4.5B | ||
| Q2 25 | $2.7B | $3.6B | ||
| Q1 25 | $2.6B | $3.5B | ||
| Q4 24 | $2.6B | $3.4B | ||
| Q3 24 | $2.7B | $3.3B | ||
| Q2 24 | $2.6B | $3.3B |
负债/权益比HLXRGLD
| Q1 26 | 0.20× | — | ||
| Q4 25 | 0.19× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.21× | — | ||
| Q3 24 | 0.20× | 0.00× | ||
| Q2 24 | 0.21× | 0.02× |
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 | $61.8M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $59.0M | — |
| 自由现金流率自由现金流/营收 | 20.5% | — |
| 资本支出强度资本支出/营收 | 1.0% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $167.4M | — |
8季度趋势，按日历期对齐
经营现金流HLXRGLD
| Q1 26 | $61.8M | — | ||
| Q4 25 | $113.2M | $241.7M | ||
| Q3 25 | $24.3M | $174.0M | ||
| Q2 25 | $-17.1M | $152.8M | ||
| Q1 25 | $16.4M | $136.4M | ||
| Q4 24 | $78.0M | $141.1M | ||
| Q3 24 | $55.7M | $136.7M | ||
| Q2 24 | $-12.2M | $113.5M |
自由现金流HLXRGLD
| Q1 26 | $59.0M | — | ||
| Q4 25 | $107.5M | — | ||
| Q3 25 | $22.6M | — | ||
| Q2 25 | $-21.6M | — | ||
| Q1 25 | $12.0M | — | ||
| Q4 24 | $65.5M | — | ||
| Q3 24 | $52.5M | — | ||
| Q2 24 | $-16.2M | — |
自由现金流率HLXRGLD
| Q1 26 | 20.5% | — | ||
| Q4 25 | 32.2% | — | ||
| Q3 25 | 6.0% | — | ||
| Q2 25 | -7.1% | — | ||
| Q1 25 | 4.3% | — | ||
| Q4 24 | 18.4% | — | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | -4.4% | — |
资本支出强度HLXRGLD
| Q1 26 | 1.0% | — | ||
| Q4 25 | 1.7% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 3.5% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 1.1% | — |
现金转化率HLXRGLD
| Q1 26 | — | — | ||
| Q4 25 | 13.68× | 2.58× | ||
| Q3 25 | 1.10× | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | 5.35× | 1.20× | ||
| Q4 24 | 3.88× | 1.31× | ||
| Q3 24 | 1.89× | 1.42× | ||
| Q2 24 | -0.38× | 1.40× |
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
HLX
暂无分部数据
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% |
