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Lucid Group, Inc.（LCID）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
Lucid Group, Inc.的季度营收约是ROYAL GOLD INC的1.4倍（$522.7M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs -155.7%，领先180.7%），Lucid Group, Inc.同比增速更快（122.9% vs 85.3%），过去两年Lucid Group, Inc.的营收复合增速更高（74.0% vs 58.8%）
Lucid Group, Inc.是总部位于美国加利福尼亚州纽瓦克的汽车科技企业，专注于电动汽车制造及先进电动汽车动力系统供应。2021年9月，公司在亚利桑那州卡萨格兰德的工厂开始生产Lucid Air豪华轿车，第二款车型Lucid Gravity SUV于2024年12月投产，同时也为阿斯顿·马丁等其他车企供应和研发动力总成技术。
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。
LCID vs RGLD — 直观对比
营收规模更大
LCID
是对方的1.4倍
$375.3M
营收增速更快
LCID
高出37.6%
85.3%
净利率更高
RGLD
高出180.7%
-155.7%
两年增速更快
LCID
近两年复合增速
58.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $522.7M | $375.3M |
| 净利润 | $-814.0M | $93.6M |
| 毛利率 | -80.7% | 64.6% |
| 营业利润率 | -203.7% | 56.2% |
| 净利率 | -155.7% | 24.9% |
| 营收同比 | 122.9% | 85.3% |
| 净利润同比 | -104.9% | -12.8% |
| 每股收益（稀释后） | $-8.26 | $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LCIDRGLD
| Q4 25 | $522.7M | $375.3M | ||
| Q3 25 | $336.6M | $252.1M | ||
| Q2 25 | $259.4M | $209.6M | ||
| Q1 25 | $235.0M | $193.4M | ||
| Q4 24 | $234.5M | $202.6M | ||
| Q3 24 | $200.0M | $193.8M | ||
| Q2 24 | $200.6M | $174.1M | ||
| Q1 24 | $172.7M | $148.9M |
净利润LCIDRGLD
| Q4 25 | $-814.0M | $93.6M | ||
| Q3 25 | $-978.4M | $126.8M | ||
| Q2 25 | $-539.4M | $132.3M | ||
| Q1 25 | $-366.2M | $113.5M | ||
| Q4 24 | $-397.2M | $107.4M | ||
| Q3 24 | $-992.5M | $96.2M | ||
| Q2 24 | $-643.4M | $81.2M | ||
| Q1 24 | $-680.9M | $47.2M |
毛利率LCIDRGLD
| Q4 25 | -80.7% | 64.6% | ||
| Q3 25 | -99.1% | 73.6% | ||
| Q2 25 | -105.0% | 72.6% | ||
| Q1 25 | -97.2% | 69.4% | ||
| Q4 24 | -89.0% | 70.3% | ||
| Q3 24 | -106.2% | 66.6% | ||
| Q2 24 | -134.5% | 64.7% | ||
| Q1 24 | -134.3% | 58.4% |
营业利润率LCIDRGLD
| Q4 25 | -203.7% | 56.2% | ||
| Q3 25 | -279.9% | 64.4% | ||
| Q2 25 | -309.5% | 67.7% | ||
| Q1 25 | -294.4% | 63.6% | ||
| Q4 24 | -312.6% | 65.9% | ||
| Q3 24 | -385.2% | 61.3% | ||
| Q2 24 | -392.6% | 58.6% | ||
| Q1 24 | -422.6% | 50.7% |
净利率LCIDRGLD
| Q4 25 | -155.7% | 24.9% | ||
| Q3 25 | -290.7% | 50.3% | ||
| Q2 25 | -207.9% | 63.1% | ||
| Q1 25 | -155.8% | 58.7% | ||
| Q4 24 | -169.4% | 53.0% | ||
| Q3 24 | -496.1% | 49.7% | ||
| Q2 24 | -320.8% | 46.6% | ||
| Q1 24 | -394.2% | 31.7% |
每股收益（稀释后）LCIDRGLD
| Q4 25 | $-8.26 | $1.04 | ||
| Q3 25 | $-3.31 | $1.92 | ||
| Q2 25 | $-0.28 | $2.01 | ||
| Q1 25 | $-0.24 | $1.72 | ||
| Q4 24 | $-0.20 | $1.63 | ||
| Q3 24 | $-0.41 | $1.46 | ||
| Q2 24 | $-0.34 | $1.23 | ||
| Q1 24 | $-0.30 | $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 | $1.6B | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $717.3M | $7.2B |
| 总资产 | $8.4B | $9.5B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资LCIDRGLD
| Q4 25 | $1.6B | $233.7M | ||
| Q3 25 | $2.3B | $172.8M | ||
| Q2 25 | $2.8B | $248.2M | ||
| Q1 25 | $3.6B | $240.8M | ||
| Q4 24 | $4.0B | $195.5M | ||
| Q3 24 | $3.5B | $127.9M | ||
| Q2 24 | $3.2B | $74.2M | ||
| Q1 24 | $4.0B | $137.9M |
总债务LCIDRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益LCIDRGLD
| Q4 25 | $717.3M | $7.2B | ||
| Q3 25 | $1.8B | $3.4B | ||
| Q2 25 | $2.4B | $3.3B | ||
| Q1 25 | $3.2B | $3.2B | ||
| Q4 24 | $3.9B | $3.1B | ||
| Q3 24 | $2.7B | $3.0B | ||
| Q2 24 | $3.5B | $3.0B | ||
| Q1 24 | $4.2B | $2.9B |
总资产LCIDRGLD
| Q4 25 | $8.4B | $9.5B | ||
| Q3 25 | $8.8B | $4.5B | ||
| Q2 25 | $8.9B | $3.6B | ||
| Q1 25 | $9.2B | $3.5B | ||
| Q4 24 | $9.6B | $3.4B | ||
| Q3 24 | $8.5B | $3.3B | ||
| Q2 24 | $8.2B | $3.3B | ||
| Q1 24 | $8.9B | $3.3B |
负债/权益比LCIDRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 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 | $-916.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-1.2B | — |
| 自由现金流率自由现金流/营收 | -237.6% | — |
| 资本支出强度资本支出/营收 | 62.3% | — |
| 现金转化率经营现金流/净利润 | — | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-3.8B | — |
8季度趋势，按日历期对齐
经营现金流LCIDRGLD
| Q4 25 | $-916.4M | $241.7M | ||
| Q3 25 | $-756.6M | $174.0M | ||
| Q2 25 | $-830.2M | $152.8M | ||
| Q1 25 | $-428.6M | $136.4M | ||
| Q4 24 | $-533.1M | $141.1M | ||
| Q3 24 | $-462.8M | $136.7M | ||
| Q2 24 | $-507.0M | $113.5M | ||
| Q1 24 | $-516.7M | $138.3M |
自由现金流LCIDRGLD
| Q4 25 | $-1.2B | — | ||
| Q3 25 | $-955.5M | — | ||
| Q2 25 | $-1.0B | — | ||
| Q1 25 | $-589.9M | — | ||
| Q4 24 | $-824.8M | — | ||
| Q3 24 | $-622.5M | — | ||
| Q2 24 | $-741.3M | — | ||
| Q1 24 | $-714.9M | — |
自由现金流率LCIDRGLD
| Q4 25 | -237.6% | — | ||
| Q3 25 | -283.9% | — | ||
| Q2 25 | -390.4% | — | ||
| Q1 25 | -251.0% | — | ||
| Q4 24 | -351.8% | — | ||
| Q3 24 | -311.2% | — | ||
| Q2 24 | -369.6% | — | ||
| Q1 24 | -413.9% | — |
资本支出强度LCIDRGLD
| Q4 25 | 62.3% | — | ||
| Q3 25 | 59.1% | — | ||
| Q2 25 | 70.4% | — | ||
| Q1 25 | 68.6% | — | ||
| Q4 24 | 124.4% | — | ||
| Q3 24 | 79.8% | — | ||
| Q2 24 | 116.8% | — | ||
| Q1 24 | 114.7% | — |
现金转化率LCIDRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 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
LCID
| LCNRV | $287.2M | 55% |
| Other | $80.4M | 15% |
| Related Party | $74.4M | 14% |
| Regulatory Credits | $34.2M | 7% |
| Warranty Provision | $26.2M | 5% |
| Sale And Leaseback Transactions | $15.2M | 3% |
| Other International | $5.0M | 1% |
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% |
