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KIRBY CORP（KEX）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
KIRBY CORP的季度营收约是Royalty Pharma plc的1.4倍（$844.1M vs $622.0M），Royalty Pharma plc净利率更高（34.4% vs 9.6%，领先24.8%），KIRBY CORP同比增速更快（7.4% vs 4.8%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% 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。
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。
KEX vs RPRX — 直观对比
营收规模更大
KEX
是对方的1.4倍
$622.0M
营收增速更快
KEX
高出2.7%
4.8%
净利率更高
RPRX
高出24.8%
9.6%
两年增速更快
RPRX
近两年复合增速
1.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $844.1M | $622.0M |
| 净利润 | $81.3M | $214.2M |
| 毛利率 | — | — |
| 营业利润率 | 12.8% | 62.4% |
| 净利率 | 9.6% | 34.4% |
| 营收同比 | 7.4% | 4.8% |
| 净利润同比 | 6.6% | 2.9% |
| 每股收益（稀释后） | $1.50 | $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KEXRPRX
| Q1 26 | $844.1M | — | ||
| Q4 25 | $851.8M | $622.0M | ||
| Q3 25 | $871.2M | $609.3M | ||
| Q2 25 | $855.5M | $578.7M | ||
| Q1 25 | $785.7M | $568.2M | ||
| Q4 24 | $802.3M | $593.6M | ||
| Q3 24 | $831.1M | $564.7M | ||
| Q2 24 | $824.4M | $537.3M |
净利润KEXRPRX
| Q1 26 | $81.3M | — | ||
| Q4 25 | $91.8M | $214.2M | ||
| Q3 25 | $92.5M | $288.2M | ||
| Q2 25 | $94.3M | $30.2M | ||
| Q1 25 | $76.0M | $238.3M | ||
| Q4 24 | $42.8M | $208.2M | ||
| Q3 24 | $90.0M | $544.0M | ||
| Q2 24 | $83.9M | $102.0M |
营业利润率KEXRPRX
| Q1 26 | 12.8% | — | ||
| Q4 25 | 15.2% | 62.4% | ||
| Q3 25 | 14.8% | 70.1% | ||
| Q2 25 | 15.4% | 36.3% | ||
| Q1 25 | 13.4% | 94.0% | ||
| Q4 24 | 6.3% | 60.9% | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | 14.6% | 50.2% |
净利率KEXRPRX
| Q1 26 | 9.6% | — | ||
| Q4 25 | 10.8% | 34.4% | ||
| Q3 25 | 10.6% | 47.3% | ||
| Q2 25 | 11.0% | 5.2% | ||
| Q1 25 | 9.7% | 41.9% | ||
| Q4 24 | 5.3% | 35.1% | ||
| Q3 24 | 10.8% | 96.3% | ||
| Q2 24 | 10.2% | 19.0% |
每股收益（稀释后）KEXRPRX
| Q1 26 | $1.50 | — | ||
| Q4 25 | $1.68 | $0.49 | ||
| Q3 25 | $1.65 | $0.67 | ||
| Q2 25 | $1.67 | $0.07 | ||
| Q1 25 | $1.33 | $0.55 | ||
| Q4 24 | $0.74 | $0.46 | ||
| Q3 24 | $1.55 | $1.21 | ||
| Q2 24 | $1.43 | $0.23 |
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 | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $3.4B | $9.7B |
| 总资产 | — | $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KEXRPRX
| Q1 26 | $58.0M | — | ||
| Q4 25 | $78.8M | $618.7M | ||
| Q3 25 | $47.0M | $938.9M | ||
| Q2 25 | $68.4M | $631.9M | ||
| Q1 25 | $51.1M | $1.1B | ||
| Q4 24 | $74.4M | $929.0M | ||
| Q3 24 | $67.1M | $950.1M | ||
| Q2 24 | $53.5M | $1.8B |
总债务KEXRPRX
| Q1 26 | — | — | ||
| Q4 25 | $919.3M | $9.0B | ||
| Q3 25 | $1.0B | $8.9B | ||
| Q2 25 | $1.1B | $8.0B | ||
| Q1 25 | $1.1B | $7.6B | ||
| Q4 24 | $874.9M | $7.6B | ||
| Q3 24 | $978.6M | $7.6B | ||
| Q2 24 | $1.0B | $7.6B |
股东权益KEXRPRX
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $9.7B | ||
| Q3 25 | $3.4B | $9.6B | ||
| Q2 25 | $3.4B | $9.5B | ||
| Q1 25 | $3.3B | $9.8B | ||
| Q4 24 | $3.4B | $10.3B | ||
| Q3 24 | $3.3B | $10.3B | ||
| Q2 24 | $3.3B | $9.8B |
总资产KEXRPRX
| Q1 26 | — | — | ||
| Q4 25 | $6.0B | $19.6B | ||
| Q3 25 | $6.1B | $19.3B | ||
| Q2 25 | $6.1B | $18.3B | ||
| Q1 25 | $6.0B | $17.6B | ||
| Q4 24 | $5.9B | $18.2B | ||
| Q3 24 | $5.9B | $18.0B | ||
| Q2 24 | $5.9B | $17.7B |
负债/权益比KEXRPRX
| Q1 26 | — | — | ||
| Q4 25 | 0.27× | 0.92× | ||
| Q3 25 | 0.31× | 0.93× | ||
| Q2 25 | 0.33× | 0.84× | ||
| Q1 25 | 0.33× | 0.78× | ||
| Q4 24 | 0.26× | 0.74× | ||
| Q3 24 | 0.30× | 0.74× | ||
| Q2 24 | 0.32× | 0.78× |
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 | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $49.4M | — |
| 自由现金流率自由现金流/营收 | 5.9% | — |
| 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× | 3.86× |
| 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KEXRPRX
| Q1 26 | $97.7M | — | ||
| Q4 25 | $312.2M | $827.1M | ||
| Q3 25 | $227.5M | $702.6M | ||
| Q2 25 | $93.9M | $364.0M | ||
| Q1 25 | $36.5M | $596.1M | ||
| Q4 24 | $247.4M | $742.5M | ||
| Q3 24 | $206.5M | $703.6M | ||
| Q2 24 | $179.3M | $658.2M |
自由现金流KEXRPRX
| Q1 26 | $49.4M | — | ||
| 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KEXRPRX
| Q1 26 | 5.9% | — | ||
| 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KEXRPRX
| 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KEXRPRX
| Q1 26 | 1.20× | — | ||
| Q4 25 | 3.40× | 3.86× | ||
| Q3 25 | 2.46× | 2.44× | ||
| Q2 25 | 1.00× | 12.06× | ||
| Q1 25 | 0.48× | 2.50× | ||
| Q4 24 | 5.78× | 3.57× | ||
| Q3 24 | 2.30× | 1.29× | ||
| Q2 24 | 2.14× | 6.45× |
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% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
