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INTERPARFUMS INC（IPAR）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
INTERPARFUMS INC的季度营收约是ROYAL GOLD INC的1.0倍（$386.2M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 7.3%，领先17.7%），ROYAL GOLD INC同比增速更快（85.3% vs 6.8%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 9.2%）
Inter Parfums Inc是全球知名的高端香水企业，开发、生产并销售多款授权香水、身体护理及相关美妆产品，与多家顶级奢侈时尚生活方式品牌合作推出联名香氛系列，产品覆盖全球主要市场，通过百货、美妆专营店及官方电商渠道触达消费者。
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。
IPAR vs RGLD — 直观对比
营收规模更大
IPAR
是对方的1.0倍
$375.3M
营收增速更快
RGLD
高出78.5%
6.8%
净利率更高
RGLD
高出17.7%
7.3%
两年增速更快
RGLD
近两年复合增速
9.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $386.2M | $375.3M |
| 净利润 | $28.1M | $93.6M |
| 毛利率 | 61.5% | 64.6% |
| 营业利润率 | 7.1% | 56.2% |
| 净利率 | 7.3% | 24.9% |
| 营收同比 | 6.8% | 85.3% |
| 净利润同比 | 16.0% | -12.8% |
| 每股收益（稀释后） | $0.88 | $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IPARRGLD
| Q4 25 | $386.2M | $375.3M | ||
| Q3 25 | $429.6M | $252.1M | ||
| Q2 25 | $333.9M | $209.6M | ||
| Q1 25 | $338.8M | $193.4M | ||
| Q4 24 | $361.5M | $202.6M | ||
| Q3 24 | $424.6M | $193.8M | ||
| Q2 24 | $342.2M | $174.1M | ||
| Q1 24 | $324.0M | $148.9M |
净利润IPARRGLD
| Q4 25 | $28.1M | $93.6M | ||
| Q3 25 | $65.8M | $126.8M | ||
| Q2 25 | $32.0M | $132.3M | ||
| Q1 25 | $42.5M | $113.5M | ||
| Q4 24 | $24.2M | $107.4M | ||
| Q3 24 | $62.3M | $96.2M | ||
| Q2 24 | $36.8M | $81.2M | ||
| Q1 24 | $41.0M | $47.2M |
毛利率IPARRGLD
| Q4 25 | 61.5% | 64.6% | ||
| Q3 25 | 63.5% | 73.6% | ||
| Q2 25 | 66.2% | 72.6% | ||
| Q1 25 | 63.7% | 69.4% | ||
| Q4 24 | 64.5% | 70.3% | ||
| Q3 24 | 63.9% | 66.6% | ||
| Q2 24 | 64.5% | 64.7% | ||
| Q1 24 | 62.5% | 58.4% |
营业利润率IPARRGLD
| Q4 25 | 7.1% | 56.2% | ||
| Q3 25 | 25.3% | 64.4% | ||
| Q2 25 | 17.7% | 67.7% | ||
| Q1 25 | 22.2% | 63.6% | ||
| Q4 24 | 10.0% | 65.9% | ||
| Q3 24 | 25.0% | 61.3% | ||
| Q2 24 | 18.9% | 58.6% | ||
| Q1 24 | 21.0% | 50.7% |
净利率IPARRGLD
| Q4 25 | 7.3% | 24.9% | ||
| Q3 25 | 15.3% | 50.3% | ||
| Q2 25 | 9.6% | 63.1% | ||
| Q1 25 | 12.5% | 58.7% | ||
| Q4 24 | 6.7% | 53.0% | ||
| Q3 24 | 14.7% | 49.7% | ||
| Q2 24 | 10.8% | 46.6% | ||
| Q1 24 | 12.7% | 31.7% |
每股收益（稀释后）IPARRGLD
| Q4 25 | $0.88 | $1.04 | ||
| Q3 25 | $2.05 | $1.92 | ||
| Q2 25 | $0.99 | $2.01 | ||
| Q1 25 | $1.32 | $1.72 | ||
| Q4 24 | $0.78 | $1.63 | ||
| Q3 24 | $1.93 | $1.46 | ||
| Q2 24 | $1.14 | $1.23 | ||
| Q1 24 | $1.27 | $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 | $137.1M | $233.7M |
| 总债务越低越好 | $176.0M | — |
| 股东权益账面价值 | $880.7M | $7.2B |
| 总资产 | $1.6B | $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IPARRGLD
| Q4 25 | $137.1M | $233.7M | ||
| Q3 25 | $77.5M | $172.8M | ||
| Q2 25 | $53.9M | $248.2M | ||
| Q1 25 | $75.3M | $240.8M | ||
| Q4 24 | $109.3M | $195.5M | ||
| Q3 24 | $78.8M | $127.9M | ||
| Q2 24 | $37.7M | $74.2M | ||
| Q1 24 | $76.1M | $137.9M |
总债务IPARRGLD
| Q4 25 | $176.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $157.3M | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益IPARRGLD
| Q4 25 | $880.7M | $7.2B | ||
| Q3 25 | $870.9M | $3.4B | ||
| Q2 25 | $839.4M | $3.3B | ||
| Q1 25 | $788.6M | $3.2B | ||
| Q4 24 | $744.9M | $3.1B | ||
| Q3 24 | $778.5M | $3.0B | ||
| Q2 24 | $717.1M | $3.0B | ||
| Q1 24 | $708.1M | $2.9B |
总资产IPARRGLD
| Q4 25 | $1.6B | $9.5B | ||
| Q3 25 | $1.6B | $4.5B | ||
| Q2 25 | $1.6B | $3.6B | ||
| Q1 25 | $1.4B | $3.5B | ||
| Q4 24 | $1.4B | $3.4B | ||
| Q3 24 | $1.5B | $3.3B | ||
| Q2 24 | $1.4B | $3.3B | ||
| Q1 24 | $1.3B | $3.3B |
负债/权益比IPARRGLD
| Q4 25 | 0.20× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.21× | — | ||
| 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 | $146.5M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $145.0M | — |
| 自由现金流率自由现金流/营收 | 37.5% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 现金转化率经营现金流/净利润 | 5.21× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $190.5M | — |
8季度趋势，按日历期对齐
经营现金流IPARRGLD
| Q4 25 | $146.5M | $241.7M | ||
| Q3 25 | $63.9M | $174.0M | ||
| Q2 25 | $11.9M | $152.8M | ||
| Q1 25 | $-7.4M | $136.4M | ||
| Q4 24 | $138.0M | $141.1M | ||
| Q3 24 | $76.1M | $136.7M | ||
| Q2 24 | $25.5M | $113.5M | ||
| Q1 24 | $-52.0M | $138.3M |
自由现金流IPARRGLD
| Q4 25 | $145.0M | — | ||
| Q3 25 | $57.6M | — | ||
| Q2 25 | $-3.3M | — | ||
| Q1 25 | $-8.8M | — | ||
| Q4 24 | $136.1M | — | ||
| Q3 24 | $75.4M | — | ||
| Q2 24 | $24.4M | — | ||
| Q1 24 | $-53.0M | — |
自由现金流率IPARRGLD
| Q4 25 | 37.5% | — | ||
| Q3 25 | 13.4% | — | ||
| Q2 25 | -1.0% | — | ||
| Q1 25 | -2.6% | — | ||
| Q4 24 | 37.7% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | 7.1% | — | ||
| Q1 24 | -16.4% | — |
资本支出强度IPARRGLD
| Q4 25 | 0.4% | — | ||
| Q3 25 | 1.5% | — | ||
| Q2 25 | 4.5% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.3% | — |
现金转化率IPARRGLD
| Q4 25 | 5.21× | 2.58× | ||
| Q3 25 | 0.97× | 1.37× | ||
| Q2 25 | 0.37× | 1.15× | ||
| Q1 25 | -0.17× | 1.20× | ||
| Q4 24 | 5.69× | 1.31× | ||
| Q3 24 | 1.22× | 1.42× | ||
| Q2 24 | 0.69× | 1.40× | ||
| Q1 24 | -1.27× | 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
IPAR
| European Based Operations | $232.7M | 60% |
| United States Based Operations | $155.2M | 40% |
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% |
