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KinderCare Learning Companies, Inc.（KLC）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
KinderCare Learning Companies, Inc.的季度营收约是ROYAL GOLD INC的1.8倍（$676.8M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 0.7%，领先24.3%），ROYAL GOLD INC同比增速更快（85.3% vs 0.8%）
金德凯尔学习公司是1969年成立的美国营利性早教与托育机构运营商，总部位于俄勒冈州波特兰市，服务覆盖全美39个州及华盛顿哥伦比亚特区，目前在全美拥有超1250家教学点，在读儿童约20万人，面向出生6周至12岁的儿童提供教育项目，是俄勒冈州第三大私营企业。
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。
KLC vs RGLD — 直观对比
营收规模更大
KLC
是对方的1.8倍
$375.3M
营收增速更快
RGLD
高出84.5%
0.8%
净利率更高
RGLD
高出24.3%
0.7%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $676.8M | $375.3M |
| 净利润 | $4.5M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 3.9% | 56.2% |
| 净利率 | 0.7% | 24.9% |
| 营收同比 | 0.8% | 85.3% |
| 净利润同比 | -67.4% | -12.8% |
| 每股收益（稀释后） | $0.04 | $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KLCRGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | $676.8M | $252.1M | ||
| Q2 25 | $700.1M | $209.6M | ||
| Q1 25 | $668.2M | $193.4M | ||
| Q4 24 | $647.0M | $202.6M | ||
| Q3 24 | $671.5M | $193.8M | ||
| Q2 24 | — | $174.1M | ||
| Q1 24 | — | $148.9M |
净利润KLCRGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $4.5M | $126.8M | ||
| Q2 25 | $38.6M | $132.3M | ||
| Q1 25 | $21.2M | $113.5M | ||
| Q4 24 | $-133.6M | $107.4M | ||
| Q3 24 | $14.0M | $96.2M | ||
| Q2 24 | — | $81.2M | ||
| Q1 24 | — | $47.2M |
毛利率KLCRGLD
| 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% | ||
| Q1 24 | — | 58.4% |
营业利润率KLCRGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | 3.9% | 64.4% | ||
| Q2 25 | 9.8% | 67.7% | ||
| Q1 25 | 7.3% | 63.6% | ||
| Q4 24 | -13.8% | 65.9% | ||
| Q3 24 | 8.1% | 61.3% | ||
| Q2 24 | — | 58.6% | ||
| Q1 24 | — | 50.7% |
净利率KLCRGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | 0.7% | 50.3% | ||
| Q2 25 | 5.5% | 63.1% | ||
| Q1 25 | 3.2% | 58.7% | ||
| Q4 24 | -20.6% | 53.0% | ||
| Q3 24 | 2.1% | 49.7% | ||
| Q2 24 | — | 46.6% | ||
| Q1 24 | — | 31.7% |
每股收益（稀释后）KLCRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | $0.04 | $1.92 | ||
| Q2 25 | $0.33 | $2.01 | ||
| Q1 25 | $0.18 | $1.72 | ||
| Q4 24 | $-1.17 | $1.63 | ||
| Q3 24 | $0.15 | $1.46 | ||
| Q2 24 | — | $1.23 | ||
| Q1 24 | — | $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 | $174.7M | $233.7M |
| 总债务越低越好 | $930.9M | — |
| 股东权益账面价值 | $931.2M | $7.2B |
| 总资产 | $3.9B | $9.5B |
| 负债/权益比越低杠杆越低 | 1.00× | — |
8季度趋势，按日历期对齐
现金及短期投资KLCRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | $174.7M | $172.8M | ||
| Q2 25 | $119.0M | $248.2M | ||
| Q1 25 | $131.3M | $240.8M | ||
| Q4 24 | $62.3M | $195.5M | ||
| Q3 24 | $137.2M | $127.9M | ||
| Q2 24 | — | $74.2M | ||
| Q1 24 | — | $137.9M |
总债务KLCRGLD
| Q4 25 | — | — | ||
| Q3 25 | $930.9M | — | ||
| Q2 25 | $926.5M | — | ||
| Q1 25 | $927.4M | — | ||
| Q4 24 | $926.0M | — | ||
| Q3 24 | $1.5B | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益KLCRGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | $931.2M | $3.4B | ||
| Q2 25 | $924.3M | $3.3B | ||
| Q1 25 | $884.9M | $3.2B | ||
| Q4 24 | $864.5M | $3.1B | ||
| Q3 24 | $235.6M | $3.0B | ||
| Q2 24 | — | $3.0B | ||
| Q1 24 | — | $2.9B |
总资产KLCRGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | $3.9B | $4.5B | ||
| Q2 25 | $3.8B | $3.6B | ||
| Q1 25 | $3.7B | $3.5B | ||
| Q4 24 | $3.6B | $3.4B | ||
| Q3 24 | $3.7B | $3.3B | ||
| Q2 24 | — | $3.3B | ||
| Q1 24 | — | $3.3B |
负债/权益比KLCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 1.00× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.07× | — | ||
| Q3 24 | 6.42× | 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 | $100.8M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $62.6M | — |
| 自由现金流率自由现金流/营收 | 9.2% | — |
| 资本支出强度资本支出/营收 | 5.6% | — |
| 现金转化率经营现金流/净利润 | 22.15× | 2.58× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流KLCRGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | $100.8M | $174.0M | ||
| Q2 25 | $35.0M | $152.8M | ||
| Q1 25 | $98.4M | $136.4M | ||
| Q4 24 | — | $141.1M | ||
| Q3 24 | — | $136.7M | ||
| Q2 24 | — | $113.5M | ||
| Q1 24 | — | $138.3M |
自由现金流KLCRGLD
| Q4 25 | — | — | ||
| Q3 25 | $62.6M | — | ||
| Q2 25 | $671.0K | — | ||
| Q1 25 | $75.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
自由现金流率KLCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 11.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
资本支出强度KLCRGLD
| Q4 25 | — | — | ||
| Q3 25 | 5.6% | — | ||
| Q2 25 | 4.9% | — | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金转化率KLCRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | 22.15× | 1.37× | ||
| Q2 25 | 0.91× | 1.15× | ||
| Q1 25 | 4.65× | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 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
KLC
| Early Childhood Education Centers | $627.0M | 93% |
| Before And After School Sites | $49.8M | 7% |
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% |
