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朗美通（LITE）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
朗美通的季度营收约是ROYAL GOLD INC的1.8倍（$665.5M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 11.8%，领先13.2%），ROYAL GOLD INC同比增速更快（85.3% vs 65.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 34.8%）
朗美通控股（Lumentum Holdings Inc.）是全球知名光电产品供应商，前身为美国捷迪讯（JDSU）旗下光电器件及激光业务板块，2015年8月随捷迪讯分拆独立运营，总部位于美国加利福尼亚州米尔皮塔斯，主营光通信网络设备、激光器、定制光学解决方案等多元产品。
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。
LITE vs RGLD — 直观对比
营收规模更大
LITE
是对方的1.8倍
$375.3M
营收增速更快
RGLD
高出19.8%
65.5%
净利率更高
RGLD
高出13.2%
11.8%
两年增速更快
RGLD
近两年复合增速
34.8%
损益表 — Q2 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $665.5M | $375.3M |
| 净利润 | $78.2M | $93.6M |
| 毛利率 | 36.1% | 64.6% |
| 营业利润率 | 9.7% | 56.2% |
| 净利率 | 11.8% | 24.9% |
| 营收同比 | 65.5% | 85.3% |
| 净利润同比 | 228.4% | -12.8% |
| 每股收益（稀释后） | $0.89 | $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LITERGLD
| Q4 25 | $665.5M | $375.3M | ||
| Q3 25 | $533.8M | $252.1M | ||
| Q2 25 | $480.7M | $209.6M | ||
| Q1 25 | $425.2M | $193.4M | ||
| Q4 24 | $402.2M | $202.6M | ||
| Q3 24 | $336.9M | $193.8M | ||
| Q2 24 | $308.3M | $174.1M | ||
| Q1 24 | $366.5M | $148.9M |
净利润LITERGLD
| Q4 25 | $78.2M | $93.6M | ||
| Q3 25 | $4.2M | $126.8M | ||
| Q2 25 | $213.3M | $132.3M | ||
| Q1 25 | $-44.1M | $113.5M | ||
| Q4 24 | $-60.9M | $107.4M | ||
| Q3 24 | $-82.4M | $96.2M | ||
| Q2 24 | $-252.5M | $81.2M | ||
| Q1 24 | $-127.0M | $47.2M |
毛利率LITERGLD
| Q4 25 | 36.1% | 64.6% | ||
| Q3 25 | 34.0% | 73.6% | ||
| Q2 25 | 33.3% | 72.6% | ||
| Q1 25 | 28.8% | 69.4% | ||
| Q4 24 | 24.8% | 70.3% | ||
| Q3 24 | 23.1% | 66.6% | ||
| Q2 24 | 16.6% | 64.7% | ||
| Q1 24 | 16.2% | 58.4% |
营业利润率LITERGLD
| Q4 25 | 9.7% | 56.2% | ||
| Q3 25 | 1.3% | 64.4% | ||
| Q2 25 | -1.7% | 67.7% | ||
| Q1 25 | -8.9% | 63.6% | ||
| Q4 24 | -12.8% | 65.9% | ||
| Q3 24 | -24.5% | 61.3% | ||
| Q2 24 | -43.3% | 58.6% | ||
| Q1 24 | -31.3% | 50.7% |
净利率LITERGLD
| Q4 25 | 11.8% | 24.9% | ||
| Q3 25 | 0.8% | 50.3% | ||
| Q2 25 | 44.4% | 63.1% | ||
| Q1 25 | -10.4% | 58.7% | ||
| Q4 24 | -15.1% | 53.0% | ||
| Q3 24 | -24.5% | 49.7% | ||
| Q2 24 | -81.9% | 46.6% | ||
| Q1 24 | -34.7% | 31.7% |
每股收益（稀释后）LITERGLD
| Q4 25 | $0.89 | $1.04 | ||
| Q3 25 | $0.05 | $1.92 | ||
| Q2 25 | $3.10 | $2.01 | ||
| Q1 25 | $-0.64 | $1.72 | ||
| Q4 24 | $-0.88 | $1.63 | ||
| Q3 24 | $-1.21 | $1.46 | ||
| Q2 24 | $-3.75 | $1.23 | ||
| Q1 24 | $-1.88 | $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 | $1.2B | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $846.6M | $7.2B |
| 总资产 | $4.8B | $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LITERGLD
| Q4 25 | $1.2B | $233.7M | ||
| Q3 25 | $1.1B | $172.8M | ||
| Q2 25 | $877.1M | $248.2M | ||
| Q1 25 | $866.7M | $240.8M | ||
| Q4 24 | $896.7M | $195.5M | ||
| Q3 24 | $916.1M | $127.9M | ||
| Q2 24 | $887.0M | $74.2M | ||
| Q1 24 | $870.9M | $137.9M |
总债务LITERGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益LITERGLD
| Q4 25 | $846.6M | $7.2B | ||
| Q3 25 | $780.8M | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $879.5M | $3.2B | ||
| Q4 24 | $872.3M | $3.1B | ||
| Q3 24 | $895.9M | $3.0B | ||
| Q2 24 | $957.3M | $3.0B | ||
| Q1 24 | $1.2B | $2.9B |
总资产LITERGLD
| Q4 25 | $4.8B | $9.5B | ||
| Q3 25 | $4.6B | $4.5B | ||
| Q2 25 | $4.2B | $3.6B | ||
| Q1 25 | $4.0B | $3.5B | ||
| Q4 24 | $4.0B | $3.4B | ||
| Q3 24 | $4.0B | $3.3B | ||
| Q2 24 | $3.9B | $3.3B | ||
| Q1 24 | $4.2B | $3.3B |
负债/权益比LITERGLD
| 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 | $126.7M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $43.1M | — |
| 自由现金流率自由现金流/营收 | 6.5% | — |
| 资本支出强度资本支出/营收 | 12.6% | — |
| 现金转化率经营现金流/净利润 | 1.62× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-29.5M | — |
8季度趋势，按日历期对齐
经营现金流LITERGLD
| Q4 25 | $126.7M | $241.7M | ||
| Q3 25 | $57.9M | $174.0M | ||
| Q2 25 | $64.0M | $152.8M | ||
| Q1 25 | $-1.6M | $136.4M | ||
| Q4 24 | $24.3M | $141.1M | ||
| Q3 24 | $39.6M | $136.7M | ||
| Q2 24 | $35.5M | $113.5M | ||
| Q1 24 | $-7.0M | $138.3M |
自由现金流LITERGLD
| Q4 25 | $43.1M | — | ||
| Q3 25 | $-18.3M | — | ||
| Q2 25 | $10.1M | — | ||
| Q1 25 | $-64.4M | — | ||
| Q4 24 | $-15.9M | — | ||
| Q3 24 | $-34.5M | — | ||
| Q2 24 | $10.9M | — | ||
| Q1 24 | $-26.6M | — |
自由现金流率LITERGLD
| Q4 25 | 6.5% | — | ||
| Q3 25 | -3.4% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | -15.1% | — | ||
| Q4 24 | -4.0% | — | ||
| Q3 24 | -10.2% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | -7.3% | — |
资本支出强度LITERGLD
| Q4 25 | 12.6% | — | ||
| Q3 25 | 14.3% | — | ||
| Q2 25 | 11.2% | — | ||
| Q1 25 | 14.8% | — | ||
| Q4 24 | 10.0% | — | ||
| Q3 24 | 22.0% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 5.3% | — |
现金转化率LITERGLD
| Q4 25 | 1.62× | 2.58× | ||
| Q3 25 | 13.79× | 1.37× | ||
| Q2 25 | 0.30× | 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
LITE
| Components | $443.7M | 67% |
| Systems | $221.8M | 33% |
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% |
