vs
LAMAR ADVERTISING CO（LAMR）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
Royalty Pharma plc的季度营收约是LAMAR ADVERTISING CO的1.0倍（$622.0M vs $595.9M），Royalty Pharma plc净利率更高（34.4% vs 25.6%，领先8.9%），Royalty Pharma plc同比增速更快（4.8% vs 2.8%），过去两年LAMAR ADVERTISING CO的营收复合增速更高（9.4% vs 4.6%）
拉马尔广告是一家知名户外广告服务商，1902年由查尔斯·W·拉马尔与J.M.科伊创立，总部位于美国路易斯安那州巴吞鲁日。公司业务覆盖美国与加拿大，在两地设有超200个运营网点，旗下在美国境内拥有超过36.3万个广告展示位，涵盖广告牌、标识标牌、公共交通展示载体等品类，2014年转型为房地产投资信托。
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。
LAMR vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.0倍
$595.9M
营收增速更快
RPRX
高出2.0%
2.8%
净利率更高
RPRX
高出8.9%
25.6%
两年增速更快
LAMR
近两年复合增速
4.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $595.9M | $622.0M |
| 净利润 | $152.3M | $214.2M |
| 毛利率 | 67.7% | — |
| 营业利润率 | 32.9% | 62.4% |
| 净利率 | 25.6% | 34.4% |
| 营收同比 | 2.8% | 4.8% |
| 净利润同比 | 12801.3% | 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LAMRRPRX
| Q4 25 | $595.9M | $622.0M | ||
| Q3 25 | $585.5M | $609.3M | ||
| Q2 25 | $579.3M | $578.7M | ||
| Q1 25 | $505.4M | $568.2M | ||
| Q4 24 | $579.6M | $593.6M | ||
| Q3 24 | $564.1M | $564.7M | ||
| Q2 24 | $565.3M | $537.3M | ||
| Q1 24 | $498.1M | $568.0M |
净利润LAMRRPRX
| Q4 25 | $152.3M | $214.2M | ||
| Q3 25 | $141.8M | $288.2M | ||
| Q2 25 | $154.4M | $30.2M | ||
| Q1 25 | $138.8M | $238.3M | ||
| Q4 24 | $-1.2M | $208.2M | ||
| Q3 24 | $147.5M | $544.0M | ||
| Q2 24 | $137.4M | $102.0M | ||
| Q1 24 | $78.2M | $4.8M |
毛利率LAMRRPRX
| Q4 25 | 67.7% | — | ||
| Q3 25 | 67.9% | — | ||
| Q2 25 | 67.8% | — | ||
| Q1 25 | 64.4% | — | ||
| Q4 24 | 67.8% | — | ||
| Q3 24 | 67.6% | — | ||
| Q2 24 | 67.6% | — | ||
| Q1 24 | 64.7% | — |
营业利润率LAMRRPRX
| Q4 25 | 32.9% | 62.4% | ||
| Q3 25 | 32.3% | 70.1% | ||
| Q2 25 | 34.1% | 36.3% | ||
| Q1 25 | 37.8% | 94.0% | ||
| Q4 24 | 6.3% | 60.9% | ||
| Q3 24 | 33.1% | — | ||
| Q2 24 | 32.6% | 50.2% | ||
| Q1 24 | 25.0% | -13.0% |
净利率LAMRRPRX
| Q4 25 | 25.6% | 34.4% | ||
| Q3 25 | 24.2% | 47.3% | ||
| Q2 25 | 26.6% | 5.2% | ||
| Q1 25 | 27.5% | 41.9% | ||
| Q4 24 | -0.2% | 35.1% | ||
| Q3 24 | 26.1% | 96.3% | ||
| Q2 24 | 24.3% | 19.0% | ||
| Q1 24 | 15.7% | 0.8% |
每股收益（稀释后）LAMRRPRX
| Q4 25 | $1.50 | $0.49 | ||
| Q3 25 | $1.40 | $0.67 | ||
| Q2 25 | $1.52 | $0.07 | ||
| Q1 25 | $1.35 | $0.55 | ||
| Q4 24 | $-0.02 | $0.46 | ||
| Q3 24 | $1.44 | $1.21 | ||
| Q2 24 | $1.34 | $0.23 | ||
| Q1 24 | $0.76 | $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 | $64.8M | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $1.0B | $9.7B |
| 总资产 | $6.9B | $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LAMRRPRX
| Q4 25 | $64.8M | $618.7M | ||
| Q3 25 | $22.0M | $938.9M | ||
| Q2 25 | $55.7M | $631.9M | ||
| Q1 25 | $36.1M | $1.1B | ||
| Q4 24 | $49.5M | $929.0M | ||
| Q3 24 | $29.5M | $950.1M | ||
| Q2 24 | $77.9M | $1.8B | ||
| Q1 24 | $36.4M | $843.0M |
总债务LAMRRPRX
| 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LAMRRPRX
| Q4 25 | $1.0B | $9.7B | ||
| Q3 25 | $1.0B | $9.6B | ||
| Q2 25 | $906.9M | $9.5B | ||
| Q1 25 | $1.0B | $9.8B | ||
| Q4 24 | $1.0B | $10.3B | ||
| Q3 24 | $1.2B | $10.3B | ||
| Q2 24 | $1.2B | $9.8B | ||
| Q1 24 | $1.2B | $9.9B |
总资产LAMRRPRX
| Q4 25 | $6.9B | $19.6B | ||
| Q3 25 | $6.8B | $19.3B | ||
| Q2 25 | $6.7B | $18.3B | ||
| Q1 25 | $6.5B | $17.6B | ||
| Q4 24 | $6.6B | $18.2B | ||
| Q3 24 | $6.5B | $18.0B | ||
| Q2 24 | $6.6B | $17.7B | ||
| Q1 24 | $6.5B | $16.1B |
负债/权益比LAMRRPRX
| 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 | $271.2M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $208.3M | — |
| 自由现金流率自由现金流/营收 | 35.0% | — |
| 资本支出强度资本支出/营收 | 10.5% | — |
| 现金转化率经营现金流/净利润 | 1.78× | 3.86× |
| 过去12个月自由现金流最近4个季度 | $683.2M | — |
8季度趋势，按日历期对齐
经营现金流LAMRRPRX
| Q4 25 | $271.2M | $827.1M | ||
| Q3 25 | $235.7M | $702.6M | ||
| Q2 25 | $229.5M | $364.0M | ||
| Q1 25 | $127.7M | $596.1M | ||
| Q4 24 | $279.3M | $742.5M | ||
| Q3 24 | $227.4M | $703.6M | ||
| Q2 24 | $256.3M | $658.2M | ||
| Q1 24 | $110.6M | $664.6M |
自由现金流LAMRRPRX
| Q4 25 | $208.3M | — | ||
| Q3 25 | $185.8M | — | ||
| Q2 25 | $191.3M | — | ||
| Q1 25 | $97.9M | — | ||
| Q4 24 | $236.3M | — | ||
| Q3 24 | $197.3M | — | ||
| Q2 24 | $233.7M | — | ||
| Q1 24 | $81.1M | — |
自由现金流率LAMRRPRX
| Q4 25 | 35.0% | — | ||
| Q3 25 | 31.7% | — | ||
| Q2 25 | 33.0% | — | ||
| Q1 25 | 19.4% | — | ||
| Q4 24 | 40.8% | — | ||
| Q3 24 | 35.0% | — | ||
| Q2 24 | 41.3% | — | ||
| Q1 24 | 16.3% | — |
资本支出强度LAMRRPRX
| Q4 25 | 10.5% | — | ||
| Q3 25 | 8.5% | — | ||
| Q2 25 | 6.6% | — | ||
| Q1 25 | 5.9% | — | ||
| Q4 24 | 7.4% | — | ||
| Q3 24 | 5.3% | — | ||
| Q2 24 | 4.0% | — | ||
| Q1 24 | 5.9% | — |
现金转化率LAMRRPRX
| Q4 25 | 1.78× | 3.86× | ||
| Q3 25 | 1.66× | 2.44× | ||
| Q2 25 | 1.49× | 12.06× | ||
| Q1 25 | 0.92× | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | 1.54× | 1.29× | ||
| Q2 24 | 1.87× | 6.45× | ||
| Q1 24 | 1.41× | 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
LAMR
| Reportable Segment Aggregation Before Other Operating Segment | $531.9M | 89% |
| Transit Advertising | $42.0M | 7% |
| Logo Advertising | $22.1M | 4% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
