vs
LandBridge Co LLC（LB）与McEwen Inc.（MUX）财务数据对比。点击上方公司名可切换其他公司
McEwen Inc.的季度营收约是LandBridge Co LLC的1.3倍（$64.6M vs $51.0M），McEwen Inc.净利率更高（59.0% vs 35.0%，领先24.0%），McEwen Inc.同比增速更快（92.8% vs 16.0%），过去两年LandBridge Co LLC的营收复合增速更高（40.2% vs 25.2%）
McEwen Inc（股票代码MUX）是一家自然资源企业，主要从事金、银、铜矿产的勘探、开发与生产业务，运营项目分布于南北美洲，秉持可持续负责任的采矿准则，产品面向全球大宗商品市场供应。
LB vs MUX — 直观对比
营收规模更大
MUX
是对方的1.3倍
$51.0M
营收增速更快
MUX
高出76.7%
16.0%
净利率更高
MUX
高出24.0%
35.0%
两年增速更快
LB
近两年复合增速
25.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $51.0M | $64.6M |
| 净利润 | $17.9M | $38.1M |
| 毛利率 | — | 26.9% |
| 营业利润率 | 57.2% | 34.2% |
| 净利率 | 35.0% | 59.0% |
| 营收同比 | 16.0% | 92.8% |
| 净利润同比 | 15.6% | 563.1% |
| 每股收益（稀释后） | — | $0.66 |
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LBMUX
| Q1 26 | $51.0M | — | ||
| Q4 25 | $56.8M | $64.6M | ||
| Q3 25 | $50.8M | $50.5M | ||
| Q2 25 | $47.5M | $46.7M | ||
| Q1 25 | $44.0M | $35.7M | ||
| Q4 24 | $36.5M | $33.5M | ||
| Q3 24 | $28.5M | $52.3M | ||
| Q2 24 | $26.0M | $47.5M |
净利润LBMUX
| Q1 26 | $17.9M | — | ||
| Q4 25 | $8.1M | $38.1M | ||
| Q3 25 | $8.1M | $-462.0K | ||
| Q2 25 | $7.5M | $3.0M | ||
| Q1 25 | $6.5M | $-6.3M | ||
| Q4 24 | $49.3M | $-8.2M | ||
| Q3 24 | $2.7M | $-2.1M | ||
| Q2 24 | $-57.7M | $-13.0M |
毛利率LBMUX
| Q1 26 | — | — | ||
| Q4 25 | — | 26.9% | ||
| Q3 25 | — | 15.5% | ||
| Q2 25 | — | 26.3% | ||
| Q1 25 | — | 28.2% | ||
| Q4 24 | — | 1.1% | ||
| Q3 24 | — | 26.4% | ||
| Q2 24 | — | 22.7% |
营业利润率LBMUX
| Q1 26 | 57.2% | — | ||
| Q4 25 | 60.0% | 34.2% | ||
| Q3 25 | 60.8% | -16.7% | ||
| Q2 25 | 60.0% | -7.2% | ||
| Q1 25 | 57.0% | -21.4% | ||
| Q4 24 | 49.4% | -43.4% | ||
| Q3 24 | 11.2% | -0.2% | ||
| Q2 24 | -197.4% | -29.4% |
净利率LBMUX
| Q1 26 | 35.0% | — | ||
| Q4 25 | 14.2% | 59.0% | ||
| Q3 25 | 15.9% | -0.9% | ||
| Q2 25 | 15.8% | 6.5% | ||
| Q1 25 | 14.7% | -17.6% | ||
| Q4 24 | 135.2% | -24.6% | ||
| Q3 24 | 9.3% | -4.0% | ||
| Q2 24 | -222.1% | -27.4% |
每股收益（稀释后）LBMUX
| Q1 26 | — | — | ||
| Q4 25 | $0.24 | $0.66 | ||
| Q3 25 | $0.26 | $-0.01 | ||
| Q2 25 | $0.24 | $0.06 | ||
| Q1 25 | $0.20 | $-0.12 | ||
| Q4 24 | — | $-0.15 | ||
| Q3 24 | $-0.04 | $-0.04 | ||
| Q2 24 | — | $-0.26 |
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 | $29.7M | $72.1M |
| 总债务越低越好 | $433.0K | $126.2M |
| 股东权益账面价值 | — | $546.2M |
| 总资产 | $1.4B | $820.2M |
| 负债/权益比越低杠杆越低 | — | 0.23× |
8季度趋势，按日历期对齐
现金及短期投资LBMUX
| Q1 26 | $29.7M | — | ||
| Q4 25 | $30.7M | $72.1M | ||
| Q3 25 | $28.3M | $75.4M | ||
| Q2 25 | $20.3M | $69.5M | ||
| Q1 25 | $14.9M | $79.3M | ||
| Q4 24 | $37.0M | $15.3M | ||
| Q3 24 | $14.4M | $30.2M | ||
| Q2 24 | $24.6M | $42.6M |
总债务LBMUX
| Q1 26 | $433.0K | — | ||
| Q4 25 | $570.7M | $126.2M | ||
| Q3 25 | $366.1M | $126.0M | ||
| Q2 25 | $370.9M | $125.8M | ||
| Q1 25 | $375.5M | $125.5M | ||
| Q4 24 | $385.5M | $40.0M | ||
| Q3 24 | $242.4M | $31.0M | ||
| Q2 24 | $360.8M | $34.0M |
股东权益LBMUX
| Q1 26 | — | — | ||
| Q4 25 | $340.3M | $546.2M | ||
| Q3 25 | $272.0M | $488.6M | ||
| Q2 25 | $266.4M | $484.5M | ||
| Q1 25 | $217.0M | $479.8M | ||
| Q4 24 | $211.8M | $495.0M | ||
| Q3 24 | $97.2M | $502.1M | ||
| Q2 24 | $296.4M | $485.2M |
总资产LBMUX
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $820.2M | ||
| Q3 25 | $1.1B | $747.6M | ||
| Q2 25 | $1.1B | $735.6M | ||
| Q1 25 | $1.0B | $730.6M | ||
| Q4 24 | $1.0B | $664.6M | ||
| Q3 24 | $689.9M | $667.8M | ||
| Q2 24 | $710.5M | $645.1M |
负债/权益比LBMUX
| Q1 26 | — | — | ||
| Q4 25 | 1.68× | 0.23× | ||
| Q3 25 | 1.35× | 0.26× | ||
| Q2 25 | 1.39× | 0.26× | ||
| Q1 25 | 1.73× | 0.26× | ||
| Q4 24 | 1.82× | 0.08× | ||
| Q3 24 | 2.49× | 0.06× | ||
| Q2 24 | 1.22× | 0.07× |
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 | $41.1M | $3.1M |
| 自由现金流经营现金流 - 资本支出 | $40.9M | — |
| 自由现金流率自由现金流/营收 | 80.3% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.30× | 0.08× |
| 过去12个月自由现金流最近4个季度 | $232.8M | — |
8季度趋势，按日历期对齐
经营现金流LBMUX
| Q1 26 | $41.1M | — | ||
| Q4 25 | $126.3M | $3.1M | ||
| Q3 25 | $34.9M | $5.2M | ||
| Q2 25 | $37.3M | $478.0K | ||
| Q1 25 | $15.9M | $-1.9M | ||
| Q4 24 | $67.6M | $-1.2M | ||
| Q3 24 | $7.5M | $23.2M | ||
| Q2 24 | $16.0M | $3.6M |
自由现金流LBMUX
| Q1 26 | $40.9M | — | ||
| Q4 25 | $122.0M | — | ||
| Q3 25 | $33.7M | — | ||
| Q2 25 | $36.1M | — | ||
| Q1 25 | $15.8M | — | ||
| Q4 24 | $66.7M | — | ||
| Q3 24 | $7.1M | — | ||
| Q2 24 | $15.7M | — |
自由现金流率LBMUX
| Q1 26 | 80.3% | — | ||
| Q4 25 | 214.9% | — | ||
| Q3 25 | 66.3% | — | ||
| Q2 25 | 75.9% | — | ||
| Q1 25 | 36.0% | — | ||
| Q4 24 | 182.6% | — | ||
| Q3 24 | 25.1% | — | ||
| Q2 24 | 60.4% | — |
资本支出强度LBMUX
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 2.7% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 1.4% | — |
现金转化率LBMUX
| Q1 26 | 2.30× | — | ||
| Q4 25 | 15.68× | 0.08× | ||
| Q3 25 | 4.31× | — | ||
| Q2 25 | 4.98× | 0.16× | ||
| Q1 25 | 2.46× | — | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 2.80× | — | ||
| Q2 24 | — | — |
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
LB
| Other | $14.2M | 28% |
| Easements and other surface-related revenues | $11.6M | 23% |
| Surface use royalties - related party | $11.0M | 22% |
| Resource sales | $5.2M | 10% |
| Resource royalties | $4.3M | 8% |
| Easements and other surface-related revenues - related party | $3.2M | 6% |
| Resource royalties - related party | $1.3M | 2% |
| Resource sales - related party | $205.0K | 0% |
MUX
暂无分部数据
