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KAISER ALUMINUM CORP（KALU）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
KAISER ALUMINUM CORP的季度营收约是Royalty Pharma plc的1.5倍（$929.0M vs $622.0M），Royalty Pharma plc净利率更高（34.4% vs 3.0%，领先31.4%），KAISER ALUMINUM CORP同比增速更快（21.4% vs 4.8%），过去两年KAISER ALUMINUM CORP的营收复合增速更高（12.2% vs 4.6%）
凯撒铝业是美国知名铝产品生产商，前身为凯撒铝业化工公司。其历史可追溯至Permanente Metals公司，该公司公开发行普通股后更名为凯撒铝业化工公司，后续拆分出现在的凯撒铝业，深耕铝材料生产领域，为下游多行业提供铝制品解决方案。
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。
KALU vs RPRX — 直观对比
营收规模更大
KALU
是对方的1.5倍
$622.0M
营收增速更快
KALU
高出16.6%
4.8%
净利率更高
RPRX
高出31.4%
3.0%
两年增速更快
KALU
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $929.0M | $622.0M |
| 净利润 | $28.2M | $214.2M |
| 毛利率 | 13.3% | — |
| 营业利润率 | 6.5% | 62.4% |
| 净利率 | 3.0% | 34.4% |
| 营收同比 | 21.4% | 4.8% |
| 净利润同比 | 42.4% | 2.9% |
| 每股收益（稀释后） | $1.67 | $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KALURPRX
| Q4 25 | $929.0M | $622.0M | ||
| Q3 25 | $843.5M | $609.3M | ||
| Q2 25 | $823.1M | $578.7M | ||
| Q1 25 | $777.4M | $568.2M | ||
| Q4 24 | $765.4M | $593.6M | ||
| Q3 24 | $747.7M | $564.7M | ||
| Q2 24 | $773.4M | $537.3M | ||
| Q1 24 | $737.5M | $568.0M |
净利润KALURPRX
| Q4 25 | $28.2M | $214.2M | ||
| Q3 25 | $39.5M | $288.2M | ||
| Q2 25 | $23.2M | $30.2M | ||
| Q1 25 | $21.6M | $238.3M | ||
| Q4 24 | $19.8M | $208.2M | ||
| Q3 24 | $8.8M | $544.0M | ||
| Q2 24 | $18.9M | $102.0M | ||
| Q1 24 | $18.2M | $4.8M |
毛利率KALURPRX
| Q4 25 | 13.3% | — | ||
| Q3 25 | 13.6% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 13.4% | — | ||
| Q4 24 | 12.5% | — | ||
| Q3 24 | 9.6% | — | ||
| Q2 24 | 13.4% | — | ||
| Q1 24 | 11.7% | — |
营业利润率KALURPRX
| Q4 25 | 6.5% | 62.4% | ||
| Q3 25 | 5.8% | 70.1% | ||
| Q2 25 | 4.6% | 36.3% | ||
| Q1 25 | 5.3% | 94.0% | ||
| Q4 24 | 5.0% | 60.9% | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 4.7% | 50.2% | ||
| Q1 24 | 3.3% | -13.0% |
净利率KALURPRX
| Q4 25 | 3.0% | 34.4% | ||
| Q3 25 | 4.7% | 47.3% | ||
| Q2 25 | 2.8% | 5.2% | ||
| Q1 25 | 2.8% | 41.9% | ||
| Q4 24 | 2.6% | 35.1% | ||
| Q3 24 | 1.2% | 96.3% | ||
| Q2 24 | 2.4% | 19.0% | ||
| Q1 24 | 2.5% | 0.8% |
每股收益（稀释后）KALURPRX
| Q4 25 | $1.67 | $0.49 | ||
| Q3 25 | $2.38 | $0.67 | ||
| Q2 25 | $1.41 | $0.07 | ||
| Q1 25 | $1.31 | $0.55 | ||
| Q4 24 | $1.21 | $0.46 | ||
| Q3 24 | $0.54 | $1.21 | ||
| Q2 24 | $1.15 | $0.23 | ||
| Q1 24 | $1.12 | $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 | $7.0M | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $826.1M | $9.7B |
| 总资产 | $2.6B | $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KALURPRX
| Q4 25 | $7.0M | $618.7M | ||
| Q3 25 | $17.2M | $938.9M | ||
| Q2 25 | $13.1M | $631.9M | ||
| Q1 25 | $21.3M | $1.1B | ||
| Q4 24 | $18.4M | $929.0M | ||
| Q3 24 | $45.7M | $950.1M | ||
| Q2 24 | $70.4M | $1.8B | ||
| Q1 24 | $101.6M | $843.0M |
总债务KALURPRX
| 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KALURPRX
| Q4 25 | $826.1M | $9.7B | ||
| Q3 25 | $806.1M | $9.6B | ||
| Q2 25 | $776.0M | $9.5B | ||
| Q1 25 | $756.8M | $9.8B | ||
| Q4 24 | $743.1M | $10.3B | ||
| Q3 24 | $729.4M | $10.3B | ||
| Q2 24 | $727.6M | $9.8B | ||
| Q1 24 | $714.7M | $9.9B |
总资产KALURPRX
| Q4 25 | $2.6B | $19.6B | ||
| Q3 25 | $2.6B | $19.3B | ||
| Q2 25 | $2.5B | $18.3B | ||
| Q1 25 | $2.4B | $17.6B | ||
| Q4 24 | $2.4B | $18.2B | ||
| Q3 24 | $2.3B | $18.0B | ||
| Q2 24 | $2.3B | $17.7B | ||
| Q1 24 | $2.3B | $16.1B |
负债/权益比KALURPRX
| 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 | $-20.6M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $-51.1M | — |
| 自由现金流率自由现金流/营收 | -5.5% | — |
| 资本支出强度资本支出/营收 | 3.3% | — |
| 现金转化率经营现金流/净利润 | -0.73× | 3.86× |
| 过去12个月自由现金流最近4个季度 | $-25.5M | — |
8季度趋势，按日历期对齐
经营现金流KALURPRX
| Q4 25 | $-20.6M | $827.1M | ||
| Q3 25 | $59.1M | $702.6M | ||
| Q2 25 | $15.9M | $364.0M | ||
| Q1 25 | $57.0M | $596.1M | ||
| Q4 24 | $43.4M | $742.5M | ||
| Q3 24 | $34.1M | $703.6M | ||
| Q2 24 | $26.3M | $658.2M | ||
| Q1 24 | $63.3M | $664.6M |
自由现金流KALURPRX
| Q4 25 | $-51.1M | — | ||
| Q3 25 | $34.5M | — | ||
| Q2 25 | $-27.7M | — | ||
| Q1 25 | $18.8M | — | ||
| Q4 24 | $-12.6M | — | ||
| Q3 24 | $-17.0M | — | ||
| Q2 24 | $-17.4M | — | ||
| Q1 24 | $33.3M | — |
自由现金流率KALURPRX
| Q4 25 | -5.5% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | -3.4% | — | ||
| Q1 25 | 2.4% | — | ||
| Q4 24 | -1.6% | — | ||
| Q3 24 | -2.3% | — | ||
| Q2 24 | -2.2% | — | ||
| Q1 24 | 4.5% | — |
资本支出强度KALURPRX
| Q4 25 | 3.3% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 7.3% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 5.7% | — | ||
| Q1 24 | 4.1% | — |
现金转化率KALURPRX
| Q4 25 | -0.73× | 3.86× | ||
| Q3 25 | 1.50× | 2.44× | ||
| Q2 25 | 0.69× | 12.06× | ||
| Q1 25 | 2.64× | 2.50× | ||
| Q4 24 | 2.19× | 3.57× | ||
| Q3 24 | 3.88× | 1.29× | ||
| Q2 24 | 1.39× | 6.45× | ||
| Q1 24 | 3.48× | 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
KALU
| Packaging | $440.6M | 47% |
| Aero Hs Products | $213.0M | 23% |
| Transferred Over Time | $200.2M | 22% |
| Automotive Extrusions | $75.4M | 8% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
