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劳瑞德教育集团（LAUR）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
劳瑞德教育集团的季度营收约是ROYAL GOLD INC的1.4倍（$541.4M vs $375.3M），劳瑞德教育集团净利率更高（31.7% vs 24.9%，领先6.7%），ROYAL GOLD INC同比增速更快（85.3% vs 27.9%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 40.2%）
劳瑞德教育集团是总部位于美国佛罗里达州迈阿密的教育运营企业，旗下拥有并运营劳瑞德国际大学体系，在墨西哥、秘鲁设有多个校区，目前于纳斯达克证券交易所公开上市。
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。
LAUR vs RGLD — 直观对比
营收规模更大
LAUR
是对方的1.4倍
$375.3M
营收增速更快
RGLD
高出57.4%
27.9%
净利率更高
LAUR
高出6.7%
24.9%
两年增速更快
RGLD
近两年复合增速
40.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $541.4M | $375.3M |
| 净利润 | $171.6M | $93.6M |
| 毛利率 | 35.8% | 64.6% |
| 营业利润率 | 33.2% | 56.2% |
| 净利率 | 31.7% | 24.9% |
| 营收同比 | 27.9% | 85.3% |
| 净利润同比 | 83.2% | -12.8% |
| 每股收益（稀释后） | $1.14 | $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LAURRGLD
| Q4 25 | $541.4M | $375.3M | ||
| Q3 25 | $400.2M | $252.1M | ||
| Q2 25 | $524.2M | $209.6M | ||
| Q1 25 | $236.2M | $193.4M | ||
| Q4 24 | $423.4M | $202.6M | ||
| Q3 24 | $368.6M | $193.8M | ||
| Q2 24 | $499.2M | $174.1M | ||
| Q1 24 | $275.4M | $148.9M |
净利润LAURRGLD
| Q4 25 | $171.6M | $93.6M | ||
| Q3 25 | $34.5M | $126.8M | ||
| Q2 25 | $95.1M | $132.3M | ||
| Q1 25 | $-19.5M | $113.5M | ||
| Q4 24 | $93.6M | $107.4M | ||
| Q3 24 | $85.5M | $96.2M | ||
| Q2 24 | $128.1M | $81.2M | ||
| Q1 24 | $-10.8M | $47.2M |
毛利率LAURRGLD
| Q4 25 | 35.8% | 64.6% | ||
| Q3 25 | 20.9% | 73.6% | ||
| Q2 25 | 39.5% | 72.6% | ||
| Q1 25 | -0.9% | 69.4% | ||
| Q4 24 | 32.0% | 70.3% | ||
| Q3 24 | 22.4% | 66.6% | ||
| Q2 24 | 36.1% | 64.7% | ||
| Q1 24 | 7.8% | 58.4% |
营业利润率LAURRGLD
| Q4 25 | 33.2% | 56.2% | ||
| Q3 25 | 17.9% | 64.4% | ||
| Q2 25 | 36.9% | 67.7% | ||
| Q1 25 | -5.6% | 63.6% | ||
| Q4 24 | 29.3% | 65.9% | ||
| Q3 24 | 19.5% | 61.3% | ||
| Q2 24 | 33.4% | 58.6% | ||
| Q1 24 | 4.0% | 50.7% |
净利率LAURRGLD
| Q4 25 | 31.7% | 24.9% | ||
| Q3 25 | 8.6% | 50.3% | ||
| Q2 25 | 18.1% | 63.1% | ||
| Q1 25 | -8.3% | 58.7% | ||
| Q4 24 | 22.1% | 53.0% | ||
| Q3 24 | 23.2% | 49.7% | ||
| Q2 24 | 25.7% | 46.6% | ||
| Q1 24 | -3.9% | 31.7% |
每股收益（稀释后）LAURRGLD
| Q4 25 | $1.14 | $1.04 | ||
| Q3 25 | $0.23 | $1.92 | ||
| Q2 25 | $0.65 | $2.01 | ||
| Q1 25 | $-0.13 | $1.72 | ||
| Q4 24 | $0.60 | $1.63 | ||
| Q3 24 | $0.56 | $1.46 | ||
| Q2 24 | $0.83 | $1.23 | ||
| Q1 24 | $-0.07 | $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 | $146.7M | $233.7M |
| 总债务越低越好 | $73.1M | — |
| 股东权益账面价值 | $1.2B | $7.2B |
| 总资产 | $2.2B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.06× | — |
8季度趋势，按日历期对齐
现金及短期投资LAURRGLD
| Q4 25 | $146.7M | $233.7M | ||
| Q3 25 | $241.0M | $172.8M | ||
| Q2 25 | $135.3M | $248.2M | ||
| Q1 25 | $109.8M | $240.8M | ||
| Q4 24 | $91.3M | $195.5M | ||
| Q3 24 | $134.4M | $127.9M | ||
| Q2 24 | $128.8M | $74.2M | ||
| Q1 24 | $126.2M | $137.9M |
总债务LAURRGLD
| Q4 25 | $73.1M | — | ||
| Q3 25 | $70.6M | — | ||
| Q2 25 | $78.1M | — | ||
| Q1 25 | $91.0M | — | ||
| Q4 24 | $59.0M | — | ||
| Q3 24 | $129.8M | $0 | ||
| Q2 24 | $203.0M | $50.0M | ||
| Q1 24 | $176.6M | — |
股东权益LAURRGLD
| Q4 25 | $1.2B | $7.2B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $908.5M | $3.2B | ||
| Q4 24 | $959.5M | $3.1B | ||
| Q3 24 | $897.7M | $3.0B | ||
| Q2 24 | $918.0M | $3.0B | ||
| Q1 24 | $933.6M | $2.9B |
总资产LAURRGLD
| Q4 25 | $2.2B | $9.5B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.0B | $3.6B | ||
| Q1 25 | $1.9B | $3.5B | ||
| Q4 24 | $1.9B | $3.4B | ||
| Q3 24 | $1.9B | $3.3B | ||
| Q2 24 | $2.1B | $3.3B | ||
| Q1 24 | $2.2B | $3.3B |
负债/权益比LAURRGLD
| Q4 25 | 0.06× | — | ||
| Q3 25 | 0.06× | — | ||
| Q2 25 | 0.07× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.06× | — | ||
| Q3 24 | 0.14× | 0.00× | ||
| Q2 24 | 0.22× | 0.02× | ||
| Q1 24 | 0.19× | — |
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 | $93.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $26.4M | — |
| 自由现金流率自由现金流/营收 | 4.9% | — |
| 资本支出强度资本支出/营收 | 12.4% | — |
| 现金转化率经营现金流/净利润 | 0.54× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $263.1M | — |
8季度趋势，按日历期对齐
经营现金流LAURRGLD
| Q4 25 | $93.4M | $241.7M | ||
| Q3 25 | $141.0M | $174.0M | ||
| Q2 25 | $74.1M | $152.8M | ||
| Q1 25 | $57.8M | $136.4M | ||
| Q4 24 | $40.7M | $141.1M | ||
| Q3 24 | $118.7M | $136.7M | ||
| Q2 24 | $40.2M | $113.5M | ||
| Q1 24 | $33.2M | $138.3M |
自由现金流LAURRGLD
| Q4 25 | $26.4M | — | ||
| Q3 25 | $122.8M | — | ||
| Q2 25 | $60.8M | — | ||
| Q1 25 | $53.2M | — | ||
| Q4 24 | $3.4M | — | ||
| Q3 24 | $110.7M | — | ||
| Q2 24 | $29.5M | — | ||
| Q1 24 | $17.3M | — |
自由现金流率LAURRGLD
| Q4 25 | 4.9% | — | ||
| Q3 25 | 30.7% | — | ||
| Q2 25 | 11.6% | — | ||
| Q1 25 | 22.5% | — | ||
| Q4 24 | 0.8% | — | ||
| Q3 24 | 30.0% | — | ||
| Q2 24 | 5.9% | — | ||
| Q1 24 | 6.3% | — |
资本支出强度LAURRGLD
| Q4 25 | 12.4% | — | ||
| Q3 25 | 4.5% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 2.0% | — | ||
| Q4 24 | 8.8% | — | ||
| Q3 24 | 2.2% | — | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 5.8% | — |
现金转化率LAURRGLD
| Q4 25 | 0.54× | 2.58× | ||
| Q3 25 | 4.09× | 1.37× | ||
| Q2 25 | 0.78× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 0.43× | 1.31× | ||
| Q3 24 | 1.39× | 1.42× | ||
| Q2 24 | 0.31× | 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
LAUR
| Mexico Segment | $275.9M | 51% |
| Peru Segment | $265.5M | 49% |
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% |
