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HAVERTY FURNITURE COMPANIES INC（HVT）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HAVERTY FURNITURE COMPANIES INC的1.9倍（$375.3M vs $201.9M），ROYAL GOLD INC净利率更高（24.9% vs 4.2%，领先20.7%），ROYAL GOLD INC同比增速更快（85.3% vs 9.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 4.8%）
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
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。
HVT vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.9倍
$201.9M
营收增速更快
RGLD
高出75.8%
9.5%
净利率更高
RGLD
高出20.7%
4.2%
两年增速更快
RGLD
近两年复合增速
4.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $201.9M | $375.3M |
| 净利润 | $8.5M | $93.6M |
| 毛利率 | 60.4% | 64.6% |
| 营业利润率 | 5.3% | 56.2% |
| 净利率 | 4.2% | 24.9% |
| 营收同比 | 9.5% | 85.3% |
| 净利润同比 | 4.1% | -12.8% |
| 每股收益（稀释后） | — | $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HVTRGLD
| Q4 25 | $201.9M | $375.3M | ||
| Q3 25 | $194.5M | $252.1M | ||
| Q2 25 | $181.0M | $209.6M | ||
| Q1 25 | $181.6M | $193.4M | ||
| Q4 24 | $184.4M | $202.6M | ||
| Q3 24 | $175.9M | $193.8M | ||
| Q2 24 | $178.6M | $174.1M | ||
| Q1 24 | $184.0M | $148.9M |
净利润HVTRGLD
| Q4 25 | $8.5M | $93.6M | ||
| Q3 25 | $4.7M | $126.8M | ||
| Q2 25 | $2.7M | $132.3M | ||
| Q1 25 | $3.8M | $113.5M | ||
| Q4 24 | $8.2M | $107.4M | ||
| Q3 24 | $4.9M | $96.2M | ||
| Q2 24 | $4.4M | $81.2M | ||
| Q1 24 | $2.4M | $47.2M |
毛利率HVTRGLD
| Q4 25 | 60.4% | 64.6% | ||
| Q3 25 | 60.3% | 73.6% | ||
| Q2 25 | 60.8% | 72.6% | ||
| Q1 25 | 61.2% | 69.4% | ||
| Q4 24 | 61.9% | 70.3% | ||
| Q3 24 | 60.2% | 66.6% | ||
| Q2 24 | 60.4% | 64.7% | ||
| Q1 24 | 60.3% | 58.4% |
营业利润率HVTRGLD
| Q4 25 | 5.3% | 56.2% | ||
| Q3 25 | 3.3% | 64.4% | ||
| Q2 25 | 2.4% | 67.7% | ||
| Q1 25 | 2.9% | 63.6% | ||
| Q4 24 | 5.2% | 65.9% | ||
| Q3 24 | 3.9% | 61.3% | ||
| Q2 24 | 3.6% | 58.6% | ||
| Q1 24 | 1.7% | 50.7% |
净利率HVTRGLD
| Q4 25 | 4.2% | 24.9% | ||
| Q3 25 | 2.4% | 50.3% | ||
| Q2 25 | 1.5% | 63.1% | ||
| Q1 25 | 2.1% | 58.7% | ||
| Q4 24 | 4.4% | 53.0% | ||
| Q3 24 | 2.8% | 49.7% | ||
| Q2 24 | 2.5% | 46.6% | ||
| Q1 24 | 1.3% | 31.7% |
每股收益（稀释后）HVTRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | — | $1.92 | ||
| Q2 25 | — | $2.01 | ||
| Q1 25 | — | $1.72 | ||
| Q4 24 | — | $1.63 | ||
| Q3 24 | — | $1.46 | ||
| Q2 24 | — | $1.23 | ||
| Q1 24 | — | $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 | $125.3M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $307.9M | $7.2B |
| 总资产 | $649.1M | $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HVTRGLD
| Q4 25 | $125.3M | $233.7M | ||
| Q3 25 | $130.5M | $172.8M | ||
| Q2 25 | $107.4M | $248.2M | ||
| Q1 25 | $111.9M | $240.8M | ||
| Q4 24 | $120.0M | $195.5M | ||
| Q3 24 | $121.2M | $127.9M | ||
| Q2 24 | $109.9M | $74.2M | ||
| Q1 24 | $111.8M | $137.9M |
总债务HVTRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益HVTRGLD
| Q4 25 | $307.9M | $7.2B | ||
| Q3 25 | $306.0M | $3.4B | ||
| Q2 25 | $304.9M | $3.3B | ||
| Q1 25 | $305.4M | $3.2B | ||
| Q4 24 | $307.6M | $3.1B | ||
| Q3 24 | $307.8M | $3.0B | ||
| Q2 24 | $307.1M | $3.0B | ||
| Q1 24 | $306.7M | $2.9B |
总资产HVTRGLD
| Q4 25 | $649.1M | $9.5B | ||
| Q3 25 | $651.7M | $4.5B | ||
| Q2 25 | $642.7M | $3.6B | ||
| Q1 25 | $642.7M | $3.5B | ||
| Q4 24 | $648.7M | $3.4B | ||
| Q3 24 | $659.3M | $3.3B | ||
| Q2 24 | $642.1M | $3.3B | ||
| Q1 24 | $640.5M | $3.3B |
负债/权益比HVTRGLD
| 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 | $7.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $3.0M | — |
| 自由现金流率自由现金流/营收 | 1.5% | — |
| 资本支出强度资本支出/营收 | 2.2% | — |
| 现金转化率经营现金流/净利润 | 0.86× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $33.0M | — |
8季度趋势，按日历期对齐
经营现金流HVTRGLD
| Q4 25 | $7.4M | $241.7M | ||
| Q3 25 | $31.9M | $174.0M | ||
| Q2 25 | $7.2M | $152.8M | ||
| Q1 25 | $6.2M | $136.4M | ||
| Q4 24 | $16.9M | $141.1M | ||
| Q3 24 | $24.4M | $136.7M | ||
| Q2 24 | $14.4M | $113.5M | ||
| Q1 24 | $3.1M | $138.3M |
自由现金流HVTRGLD
| Q4 25 | $3.0M | — | ||
| Q3 25 | $28.3M | — | ||
| Q2 25 | $1.6M | — | ||
| Q1 25 | $27.0K | — | ||
| Q4 24 | $9.1M | — | ||
| Q3 24 | $16.1M | — | ||
| Q2 24 | $4.9M | — | ||
| Q1 24 | $-3.3M | — |
自由现金流率HVTRGLD
| Q4 25 | 1.5% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 4.9% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 2.7% | — | ||
| Q1 24 | -1.8% | — |
资本支出强度HVTRGLD
| Q4 25 | 2.2% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 3.1% | — | ||
| Q1 25 | 3.4% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 3.5% | — |
现金转化率HVTRGLD
| Q4 25 | 0.86× | 2.58× | ||
| Q3 25 | 6.75× | 1.37× | ||
| Q2 25 | 2.69× | 1.15× | ||
| Q1 25 | 1.63× | 1.20× | ||
| Q4 24 | 2.06× | 1.31× | ||
| Q3 24 | 4.96× | 1.42× | ||
| Q2 24 | 3.25× | 1.40× | ||
| Q1 24 | 1.31× | 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
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
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% |
