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KIRBY CORP（KEX）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
KIRBY CORP的季度营收约是ROYAL GOLD INC的1.8倍（$844.1M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 9.6%，领先50.4%），ROYAL GOLD INC同比增速更快（142.6% vs 7.4%），ROYAL GOLD INC自由现金流更多（$278.9M vs $49.4M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs 1.2%）
总部位于美国得克萨斯州休斯顿的Kirby Corporation是美国最大的罐驳船运营商，业务覆盖密西西比河水系、海湾沿岸航道、美国三大海岸沿线及阿拉斯加、夏威夷地区，主营通过罐驳船运输石化产品、黑油、精炼石油制品、农化产品，同时拥有并运营8组远洋驳船及拖船运输单元。
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。
KEX vs RGLD — 直观对比
营收规模更大
KEX
是对方的1.8倍
$469.1M
营收增速更快
RGLD
高出135.1%
7.4%
净利率更高
RGLD
高出50.4%
9.6%
自由现金流更多
RGLD
多$229.5M
$49.4M
两年增速更快
RGLD
近两年复合增速
1.2%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $844.1M | $469.1M |
| 净利润 | $81.3M | $281.7M |
| 毛利率 | — | — |
| 营业利润率 | 12.8% | 63.3% |
| 净利率 | 9.6% | 60.0% |
| 营收同比 | 7.4% | 142.6% |
| 净利润同比 | 6.6% | 147.7% |
| 每股收益（稀释后） | $1.50 | $3.30 |
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KEXRGLD
| Q1 26 | $844.1M | $469.1M | ||
| Q4 25 | $851.8M | $375.3M | ||
| Q3 25 | $871.2M | $252.1M | ||
| Q2 25 | $855.5M | $209.6M | ||
| Q1 25 | $785.7M | $193.4M | ||
| Q4 24 | $802.3M | $202.6M | ||
| Q3 24 | $831.1M | $193.8M | ||
| Q2 24 | $824.4M | $174.1M |
净利润KEXRGLD
| Q1 26 | $81.3M | $281.7M | ||
| Q4 25 | $91.8M | $93.6M | ||
| Q3 25 | $92.5M | $126.8M | ||
| Q2 25 | $94.3M | $132.3M | ||
| Q1 25 | $76.0M | $113.5M | ||
| Q4 24 | $42.8M | $107.4M | ||
| Q3 24 | $90.0M | $96.2M | ||
| Q2 24 | $83.9M | $81.2M |
毛利率KEXRGLD
| Q1 26 | — | — | ||
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% |
营业利润率KEXRGLD
| Q1 26 | 12.8% | 63.3% | ||
| Q4 25 | 15.2% | 56.2% | ||
| Q3 25 | 14.8% | 64.4% | ||
| Q2 25 | 15.4% | 67.7% | ||
| Q1 25 | 13.4% | 63.6% | ||
| Q4 24 | 6.3% | 65.9% | ||
| Q3 24 | 15.3% | 61.3% | ||
| Q2 24 | 14.6% | 58.6% |
净利率KEXRGLD
| Q1 26 | 9.6% | 60.0% | ||
| Q4 25 | 10.8% | 24.9% | ||
| Q3 25 | 10.6% | 50.3% | ||
| Q2 25 | 11.0% | 63.1% | ||
| Q1 25 | 9.7% | 58.7% | ||
| Q4 24 | 5.3% | 53.0% | ||
| Q3 24 | 10.8% | 49.7% | ||
| Q2 24 | 10.2% | 46.6% |
每股收益（稀释后）KEXRGLD
| Q1 26 | $1.50 | $3.30 | ||
| Q4 25 | $1.68 | $1.04 | ||
| Q3 25 | $1.65 | $1.92 | ||
| Q2 25 | $1.67 | $2.01 | ||
| Q1 25 | $1.33 | $1.72 | ||
| Q4 24 | $0.74 | $1.63 | ||
| Q3 24 | $1.55 | $1.46 | ||
| Q2 24 | $1.43 | $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 | $58.0M | $234.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.4B | $7.5B |
| 总资产 | — | $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KEXRGLD
| Q1 26 | $58.0M | $234.1M | ||
| Q4 25 | $78.8M | $233.7M | ||
| Q3 25 | $47.0M | $172.8M | ||
| Q2 25 | $68.4M | $248.2M | ||
| Q1 25 | $51.1M | $240.8M | ||
| Q4 24 | $74.4M | $195.5M | ||
| Q3 24 | $67.1M | $127.9M | ||
| Q2 24 | $53.5M | $74.2M |
总债务KEXRGLD
| Q1 26 | — | — | ||
| Q4 25 | $919.3M | — | ||
| Q3 25 | $1.0B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $874.9M | — | ||
| Q3 24 | $978.6M | $0 | ||
| Q2 24 | $1.0B | $50.0M |
股东权益KEXRGLD
| Q1 26 | $3.4B | $7.5B | ||
| Q4 25 | $3.4B | $7.2B | ||
| Q3 25 | $3.4B | $3.4B | ||
| Q2 25 | $3.4B | $3.3B | ||
| Q1 25 | $3.3B | $3.2B | ||
| Q4 24 | $3.4B | $3.1B | ||
| Q3 24 | $3.3B | $3.0B | ||
| Q2 24 | $3.3B | $3.0B |
总资产KEXRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $6.0B | $9.5B | ||
| Q3 25 | $6.1B | $4.5B | ||
| Q2 25 | $6.1B | $3.6B | ||
| Q1 25 | $6.0B | $3.5B | ||
| Q4 24 | $5.9B | $3.4B | ||
| Q3 24 | $5.9B | $3.3B | ||
| Q2 24 | $5.9B | $3.3B |
负债/权益比KEXRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | — | ||
| Q3 25 | 0.31× | — | ||
| Q2 25 | 0.33× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.30× | 0.00× | ||
| Q2 24 | 0.32× | 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 | $97.7M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $49.4M | $278.9M |
| 自由现金流率自由现金流/营收 | 5.9% | 59.4% |
| 资本支出强度资本支出/营收 | 5.7% | — |
| 现金转化率经营现金流/净利润 | 1.20× | 1.04× |
| 过去12个月自由现金流最近4个季度 | $497.3M | — |
8季度趋势，按日历期对齐
经营现金流KEXRGLD
| Q1 26 | $97.7M | $293.6M | ||
| Q4 25 | $312.2M | $241.7M | ||
| Q3 25 | $227.5M | $174.0M | ||
| Q2 25 | $93.9M | $152.8M | ||
| Q1 25 | $36.5M | $136.4M | ||
| Q4 24 | $247.4M | $141.1M | ||
| Q3 24 | $206.5M | $136.7M | ||
| Q2 24 | $179.3M | $113.5M |
自由现金流KEXRGLD
| Q1 26 | $49.4M | $278.9M | ||
| Q4 25 | $265.2M | — | ||
| Q3 25 | $160.3M | — | ||
| Q2 25 | $22.4M | — | ||
| Q1 25 | $-42.1M | — | ||
| Q4 24 | $150.7M | — | ||
| Q3 24 | $130.1M | — | ||
| Q2 24 | $90.8M | — |
自由现金流率KEXRGLD
| Q1 26 | 5.9% | 59.4% | ||
| Q4 25 | 31.1% | — | ||
| Q3 25 | 18.4% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | -5.4% | — | ||
| Q4 24 | 18.8% | — | ||
| Q3 24 | 15.7% | — | ||
| Q2 24 | 11.0% | — |
资本支出强度KEXRGLD
| Q1 26 | 5.7% | — | ||
| Q4 25 | 5.5% | — | ||
| Q3 25 | 7.7% | — | ||
| Q2 25 | 8.4% | — | ||
| Q1 25 | 10.0% | — | ||
| Q4 24 | 12.0% | — | ||
| Q3 24 | 9.2% | — | ||
| Q2 24 | 10.7% | — |
现金转化率KEXRGLD
| Q1 26 | 1.20× | 1.04× | ||
| Q4 25 | 3.40× | 2.58× | ||
| Q3 25 | 2.46× | 1.37× | ||
| Q2 25 | 1.00× | 1.15× | ||
| Q1 25 | 0.48× | 1.20× | ||
| Q4 24 | 5.78× | 1.31× | ||
| Q3 24 | 2.30× | 1.42× | ||
| Q2 24 | 2.14× | 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
KEX
| Marine transportation | $497.2M | 59% |
| Distribution and services | $346.9M | 41% |
RGLD
| North America | $258.0M | 55% |
| South and Central America | $110.2M | 23% |
| Europe, Middle East, Africa (EMEA) | $84.8M | 18% |
| Australia Pacific | $16.1M | 3% |
