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LGI Homes, Inc.（LGIH）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
LGI Homes, Inc.的季度营收约是ROYAL GOLD INC的1.3倍（$474.0M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 3.7%，领先21.3%），ROYAL GOLD INC同比增速更快（85.3% vs -15.0%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 10.1%）
LGI Homes是一家总部位于美国得克萨斯州的新建住宅开发商，业务聚焦美国西南部地区。据《建筑商》杂志统计，该公司目前是美国第十大住宅建筑商，2019年共交付房屋7690套，较2018年增长18.1%，全年房屋销售营收达18亿美元，行业规模位居美国前列。
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。
LGIH vs RGLD — 直观对比
营收规模更大
LGIH
是对方的1.3倍
$375.3M
营收增速更快
RGLD
高出100.3%
-15.0%
净利率更高
RGLD
高出21.3%
3.7%
两年增速更快
RGLD
近两年复合增速
10.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $474.0M | $375.3M |
| 净利润 | $17.3M | $93.6M |
| 毛利率 | 17.7% | 64.6% |
| 营业利润率 | 3.9% | 56.2% |
| 净利率 | 3.7% | 24.9% |
| 营收同比 | -15.0% | 85.3% |
| 净利润同比 | -66.0% | -12.8% |
| 每股收益（稀释后） | $0.74 | $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LGIHRGLD
| Q4 25 | $474.0M | $375.3M | ||
| Q3 25 | $396.6M | $252.1M | ||
| Q2 25 | $483.5M | $209.6M | ||
| Q1 25 | $351.4M | $193.4M | ||
| Q4 24 | $557.4M | $202.6M | ||
| Q3 24 | $651.9M | $193.8M | ||
| Q2 24 | $602.5M | $174.1M | ||
| Q1 24 | $390.9M | $148.9M |
净利润LGIHRGLD
| Q4 25 | $17.3M | $93.6M | ||
| Q3 25 | $19.7M | $126.8M | ||
| Q2 25 | $31.5M | $132.3M | ||
| Q1 25 | $4.0M | $113.5M | ||
| Q4 24 | $50.9M | $107.4M | ||
| Q3 24 | $69.6M | $96.2M | ||
| Q2 24 | $58.6M | $81.2M | ||
| Q1 24 | $17.1M | $47.2M |
毛利率LGIHRGLD
| Q4 25 | 17.7% | 64.6% | ||
| Q3 25 | 21.5% | 73.6% | ||
| Q2 25 | 22.9% | 72.6% | ||
| Q1 25 | 21.0% | 69.4% | ||
| Q4 24 | 22.9% | 70.3% | ||
| Q3 24 | 25.1% | 66.6% | ||
| Q2 24 | 25.0% | 64.7% | ||
| Q1 24 | 23.4% | 58.4% |
营业利润率LGIHRGLD
| Q4 25 | 3.9% | 56.2% | ||
| Q3 25 | 5.4% | 64.4% | ||
| Q2 25 | 8.2% | 67.7% | ||
| Q1 25 | 0.0% | 63.6% | ||
| Q4 24 | 8.2% | 65.9% | ||
| Q3 24 | 12.3% | 61.3% | ||
| Q2 24 | 11.2% | 58.6% | ||
| Q1 24 | 4.8% | 50.7% |
净利率LGIHRGLD
| Q4 25 | 3.7% | 24.9% | ||
| Q3 25 | 5.0% | 50.3% | ||
| Q2 25 | 6.5% | 63.1% | ||
| Q1 25 | 1.1% | 58.7% | ||
| Q4 24 | 9.1% | 53.0% | ||
| Q3 24 | 10.7% | 49.7% | ||
| Q2 24 | 9.7% | 46.6% | ||
| Q1 24 | 4.4% | 31.7% |
每股收益（稀释后）LGIHRGLD
| Q4 25 | $0.74 | $1.04 | ||
| Q3 25 | $0.85 | $1.92 | ||
| Q2 25 | $1.36 | $2.01 | ||
| Q1 25 | $0.17 | $1.72 | ||
| Q4 24 | $2.15 | $1.63 | ||
| Q3 24 | $2.95 | $1.46 | ||
| Q2 24 | $2.48 | $1.23 | ||
| Q1 24 | $0.72 | $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 | — | $233.7M |
| 总债务越低越好 | $1.7B | — |
| 股东权益账面价值 | $2.1B | $7.2B |
| 总资产 | $3.9B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.79× | — |
8季度趋势，按日历期对齐
现金及短期投资LGIHRGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | — | $172.8M | ||
| Q2 25 | — | $248.2M | ||
| Q1 25 | — | $240.8M | ||
| Q4 24 | $53.2M | $195.5M | ||
| Q3 24 | — | $127.9M | ||
| Q2 24 | — | $74.2M | ||
| Q1 24 | — | $137.9M |
总债务LGIHRGLD
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益LGIHRGLD
| Q4 25 | $2.1B | $7.2B | ||
| Q3 25 | $2.1B | $3.4B | ||
| Q2 25 | $2.1B | $3.3B | ||
| Q1 25 | $2.0B | $3.2B | ||
| Q4 24 | $2.0B | $3.1B | ||
| Q3 24 | $2.0B | $3.0B | ||
| Q2 24 | $1.9B | $3.0B | ||
| Q1 24 | $1.9B | $2.9B |
总资产LGIHRGLD
| Q4 25 | $3.9B | $9.5B | ||
| Q3 25 | $4.0B | $4.5B | ||
| Q2 25 | $4.0B | $3.6B | ||
| Q1 25 | $3.9B | $3.5B | ||
| Q4 24 | $3.8B | $3.4B | ||
| Q3 24 | $3.8B | $3.3B | ||
| Q2 24 | $3.7B | $3.3B | ||
| Q1 24 | $3.5B | $3.3B |
负债/权益比LGIHRGLD
| Q4 25 | 0.79× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.73× | — | ||
| 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 | $86.8M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | 5.01× | 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LGIHRGLD
| Q4 25 | $86.8M | $241.7M | ||
| Q3 25 | $-13.2M | $174.0M | ||
| Q2 25 | $-86.4M | $152.8M | ||
| Q1 25 | $-127.1M | $136.4M | ||
| Q4 24 | $57.0M | $141.1M | ||
| Q3 24 | $-17.8M | $136.7M | ||
| Q2 24 | $-83.5M | $113.5M | ||
| Q1 24 | $-99.5M | $138.3M |
自由现金流LGIHRGLD
| Q4 25 | — | — | ||
| Q3 25 | $-13.3M | — | ||
| Q2 25 | $-86.4M | — | ||
| Q1 25 | $-128.0M | — | ||
| Q4 24 | $56.4M | — | ||
| Q3 24 | $-17.8M | — | ||
| Q2 24 | $-83.8M | — | ||
| Q1 24 | $-100.5M | — |
自由现金流率LGIHRGLD
| Q4 25 | — | — | ||
| Q3 25 | -3.3% | — | ||
| Q2 25 | -17.9% | — | ||
| Q1 25 | -36.4% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | -2.7% | — | ||
| Q2 24 | -13.9% | — | ||
| Q1 24 | -25.7% | — |
资本支出强度LGIHRGLD
| Q4 25 | 0.0% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.3% | — |
现金转化率LGIHRGLD
| Q4 25 | 5.01× | 2.58× | ||
| Q3 25 | -0.67× | 1.37× | ||
| Q2 25 | -2.74× | 1.15× | ||
| Q1 25 | -31.83× | 1.20× | ||
| Q4 24 | 1.12× | 1.31× | ||
| Q3 24 | -0.26× | 1.42× | ||
| Q2 24 | -1.43× | 1.40× | ||
| Q1 24 | -5.83× | 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
LGIH
| West Reportable Segment | $128.2M | 27% |
| Southeast Reportable Segment | $118.9M | 25% |
| Central Reportable Segment | $105.8M | 22% |
| Florida Reportable Segment | $69.2M | 15% |
| Northwest Reportable Segment | $51.8M | 11% |
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% |
