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Kodiak Gas Services, Inc.（KGS）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Kodiak Gas Services, Inc.的1.1倍（$375.3M vs $332.9M），ROYAL GOLD INC净利率更高（24.9% vs 7.4%，领先17.5%），ROYAL GOLD INC同比增速更快（85.3% vs 7.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 24.3%）
Kodiak Gas Services是北美知名的天然气压缩服务供应商，主要服务油气行业上下游客户，提供定制化压缩设备、运维及运营支持，帮助客户优化陆上天然气收集、处理与运输全流程的运营效率。
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。
KGS vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.1倍
$332.9M
营收增速更快
RGLD
高出77.7%
7.5%
净利率更高
RGLD
高出17.5%
7.4%
两年增速更快
RGLD
近两年复合增速
24.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $332.9M | $375.3M |
| 净利润 | $24.6M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 26.1% | 56.2% |
| 净利率 | 7.4% | 24.9% |
| 营收同比 | 7.5% | 85.3% |
| 净利润同比 | 29.0% | -12.8% |
| 每股收益（稀释后） | $0.30 | $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KGSRGLD
| Q4 25 | $332.9M | $375.3M | ||
| Q3 25 | $322.7M | $252.1M | ||
| Q2 25 | $322.8M | $209.6M | ||
| Q1 25 | $329.6M | $193.4M | ||
| Q4 24 | $309.5M | $202.6M | ||
| Q3 24 | $324.6M | $193.8M | ||
| Q2 24 | $309.7M | $174.1M | ||
| Q1 24 | $215.5M | $148.9M |
净利润KGSRGLD
| Q4 25 | $24.6M | $93.6M | ||
| Q3 25 | $-14.0M | $126.8M | ||
| Q2 25 | $39.5M | $132.3M | ||
| Q1 25 | $30.4M | $113.5M | ||
| Q4 24 | $19.1M | $107.4M | ||
| Q3 24 | $-5.6M | $96.2M | ||
| Q2 24 | $6.2M | $81.2M | ||
| Q1 24 | $30.2M | $47.2M |
毛利率KGSRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | 37.5% | 66.6% | ||
| Q2 24 | 36.5% | 64.7% | ||
| Q1 24 | 39.4% | 58.4% |
营业利润率KGSRGLD
| Q4 25 | 26.1% | 56.2% | ||
| Q3 25 | 19.9% | 64.4% | ||
| Q2 25 | 30.9% | 67.7% | ||
| Q1 25 | 27.1% | 63.6% | ||
| Q4 24 | 22.3% | 65.9% | ||
| Q3 24 | 20.4% | 61.3% | ||
| Q2 24 | 17.5% | 58.6% | ||
| Q1 24 | 27.9% | 50.7% |
净利率KGSRGLD
| Q4 25 | 7.4% | 24.9% | ||
| Q3 25 | -4.3% | 50.3% | ||
| Q2 25 | 12.2% | 63.1% | ||
| Q1 25 | 9.2% | 58.7% | ||
| Q4 24 | 6.2% | 53.0% | ||
| Q3 24 | -1.7% | 49.7% | ||
| Q2 24 | 2.0% | 46.6% | ||
| Q1 24 | 14.0% | 31.7% |
每股收益（稀释后）KGSRGLD
| Q4 25 | $0.30 | $1.04 | ||
| Q3 25 | $-0.17 | $1.92 | ||
| Q2 25 | $0.43 | $2.01 | ||
| Q1 25 | $0.33 | $1.72 | ||
| Q4 24 | $0.18 | $1.63 | ||
| Q3 24 | $-0.07 | $1.46 | ||
| Q2 24 | $0.06 | $1.23 | ||
| Q1 24 | $0.39 | $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 | $3.2M | $233.7M |
| 总债务越低越好 | $2.6B | — |
| 股东权益账面价值 | $1.2B | $7.2B |
| 总资产 | $4.3B | $9.5B |
| 负债/权益比越低杠杆越低 | 2.12× | — |
8季度趋势，按日历期对齐
现金及短期投资KGSRGLD
| Q4 25 | $3.2M | $233.7M | ||
| Q3 25 | $724.0K | $172.8M | ||
| Q2 25 | $5.4M | $248.2M | ||
| Q1 25 | $1.9M | $240.8M | ||
| Q4 24 | $4.8M | $195.5M | ||
| Q3 24 | $7.4M | $127.9M | ||
| Q2 24 | $3.9M | $74.2M | ||
| Q1 24 | $9.3M | $137.9M |
总债务KGSRGLD
| Q4 25 | $2.6B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | $0 | ||
| Q2 24 | $2.5B | $50.0M | ||
| Q1 24 | — | — |
股东权益KGSRGLD
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.3B | $3.4B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.4B | $3.2B | ||
| Q4 24 | $1.4B | $3.1B | ||
| Q3 24 | $1.4B | $3.0B | ||
| Q2 24 | $1.5B | $3.0B | ||
| Q1 24 | $1.1B | $2.9B |
总资产KGSRGLD
| Q4 25 | $4.3B | $9.5B | ||
| Q3 25 | $4.4B | $4.5B | ||
| Q2 25 | $4.4B | $3.6B | ||
| Q1 25 | $4.4B | $3.5B | ||
| Q4 24 | $4.4B | $3.4B | ||
| Q3 24 | $4.5B | $3.3B | ||
| Q2 24 | $4.4B | $3.3B | ||
| Q1 24 | $3.3B | $3.3B |
负债/权益比KGSRGLD
| Q4 25 | 2.12× | — | ||
| Q3 25 | 2.08× | — | ||
| Q2 25 | 1.89× | — | ||
| Q1 25 | 1.91× | — | ||
| Q4 24 | 1.88× | — | ||
| Q3 24 | 1.86× | 0.00× | ||
| Q2 24 | 1.71× | 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 | $194.9M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $142.0M | — |
| 自由现金流率自由现金流/营收 | 42.7% | — |
| 资本支出强度资本支出/营收 | 15.9% | — |
| 现金转化率经营现金流/净利润 | 7.91× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $284.3M | — |
8季度趋势，按日历期对齐
经营现金流KGSRGLD
| Q4 25 | $194.9M | $241.7M | ||
| Q3 25 | $113.4M | $174.0M | ||
| Q2 25 | $177.2M | $152.8M | ||
| Q1 25 | $114.3M | $136.4M | ||
| Q4 24 | $118.5M | $141.1M | ||
| Q3 24 | $36.9M | $136.7M | ||
| Q2 24 | $121.1M | $113.5M | ||
| Q1 24 | $51.5M | $138.3M |
自由现金流KGSRGLD
| Q4 25 | $142.0M | — | ||
| Q3 25 | $10.9M | — | ||
| Q2 25 | $94.6M | — | ||
| Q1 25 | $36.8M | — | ||
| Q4 24 | $45.2M | — | ||
| Q3 24 | $-49.7M | — | ||
| Q2 24 | $4.0M | — | ||
| Q1 24 | $-8.6M | — |
自由现金流率KGSRGLD
| Q4 25 | 42.7% | — | ||
| Q3 25 | 3.4% | — | ||
| Q2 25 | 29.3% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | 14.6% | — | ||
| Q3 24 | -15.3% | — | ||
| Q2 24 | 1.3% | — | ||
| Q1 24 | -4.0% | — |
资本支出强度KGSRGLD
| Q4 25 | 15.9% | — | ||
| Q3 25 | 31.7% | — | ||
| Q2 25 | 25.6% | — | ||
| Q1 25 | 23.5% | — | ||
| Q4 24 | 23.7% | — | ||
| Q3 24 | 26.7% | — | ||
| Q2 24 | 37.8% | — | ||
| Q1 24 | 27.9% | — |
现金转化率KGSRGLD
| Q4 25 | 7.91× | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 4.49× | 1.15× | ||
| Q1 25 | 3.76× | 1.20× | ||
| Q4 24 | 6.21× | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 19.44× | 1.40× | ||
| Q1 24 | 1.70× | 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
KGS
| Other Services | $126.8M | 38% |
| Other | $112.2M | 34% |
| Transferred At Point In Time | $93.8M | 28% |
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% |
