vs
Magnera Corp（MAGN）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
Magnera Corp的季度营收约是ROYAL GOLD INC的1.7倍（$792.0M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs -4.3%，领先64.3%），ROYAL GOLD INC同比增速更快（142.6% vs 12.8%），ROYAL GOLD INC自由现金流更多（$278.9M vs $-13.0M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs 54.9%）
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。
MAGN vs RGLD — 直观对比
营收规模更大
MAGN
是对方的1.7倍
$469.1M
营收增速更快
RGLD
高出129.7%
12.8%
净利率更高
RGLD
高出64.3%
-4.3%
自由现金流更多
RGLD
多$291.9M
$-13.0M
两年增速更快
RGLD
近两年复合增速
54.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $792.0M | $469.1M |
| 净利润 | $-34.0M | $281.7M |
| 毛利率 | 12.2% | — |
| 营业利润率 | 1.8% | 63.3% |
| 净利率 | -4.3% | 60.0% |
| 营收同比 | 12.8% | 142.6% |
| 净利润同比 | 43.3% | 147.7% |
| 每股收益（稀释后） | $-0.95 | $3.30 |
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MAGNRGLD
| Q1 26 | — | $469.1M | ||
| Q4 25 | $792.0M | $375.3M | ||
| Q3 25 | — | $252.1M | ||
| Q2 25 | $839.0M | $209.6M | ||
| Q1 25 | $824.0M | $193.4M | ||
| Q4 24 | $702.0M | $202.6M | ||
| Q3 24 | $332.1M | $193.8M | ||
| Q2 24 | $556.0M | $174.1M |
净利润MAGNRGLD
| Q1 26 | — | $281.7M | ||
| Q4 25 | $-34.0M | $93.6M | ||
| Q3 25 | — | $126.8M | ||
| Q2 25 | $-18.0M | $132.3M | ||
| Q1 25 | $-41.0M | $113.5M | ||
| Q4 24 | $-60.0M | $107.4M | ||
| Q3 24 | $-15.2M | $96.2M | ||
| Q2 24 | $19.0M | $81.2M |
毛利率MAGNRGLD
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | 10.7% | 72.6% | ||
| Q1 25 | 10.7% | 69.4% | ||
| Q4 24 | 10.1% | 70.3% | ||
| Q3 24 | 10.7% | 66.6% | ||
| Q2 24 | 6.6% | 64.7% |
营业利润率MAGNRGLD
| Q1 26 | — | 63.3% | ||
| Q4 25 | 1.8% | 56.2% | ||
| Q3 25 | — | 64.4% | ||
| Q2 25 | 1.5% | 67.7% | ||
| Q1 25 | 0.5% | 63.6% | ||
| Q4 24 | -3.1% | 65.9% | ||
| Q3 24 | 0.9% | 61.3% | ||
| Q2 24 | 3.1% | 58.6% |
净利率MAGNRGLD
| Q1 26 | — | 60.0% | ||
| Q4 25 | -4.3% | 24.9% | ||
| Q3 25 | — | 50.3% | ||
| Q2 25 | -2.1% | 63.1% | ||
| Q1 25 | -5.0% | 58.7% | ||
| Q4 24 | -8.5% | 53.0% | ||
| Q3 24 | -4.6% | 49.7% | ||
| Q2 24 | 3.4% | 46.6% |
每股收益（稀释后）MAGNRGLD
| Q1 26 | — | $3.30 | ||
| Q4 25 | $-0.95 | $1.04 | ||
| Q3 25 | — | $1.92 | ||
| Q2 25 | $-0.51 | $2.01 | ||
| Q1 25 | $-1.15 | $1.72 | ||
| Q4 24 | $-1.69 | $1.63 | ||
| Q3 24 | $-0.33 | $1.46 | ||
| Q2 24 | $0.60 | $1.23 |
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 | $264.0M | $234.1M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $1.0B | $7.5B |
| 总资产 | $3.9B | $9.5B |
| 负债/权益比越低杠杆越低 | 1.86× | — |
8季度趋势，按日历期对齐
现金及短期投资MAGNRGLD
| Q1 26 | — | $234.1M | ||
| Q4 25 | $264.0M | $233.7M | ||
| Q3 25 | — | $172.8M | ||
| Q2 25 | $276.0M | $248.2M | ||
| Q1 25 | $282.0M | $240.8M | ||
| Q4 24 | $215.0M | $195.5M | ||
| Q3 24 | $230.0M | $127.9M | ||
| Q2 24 | $33.9M | $74.2M |
总债务MAGNRGLD
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.0B | $0 | ||
| Q2 24 | $877.4M | $50.0M |
股东权益MAGNRGLD
| Q1 26 | — | $7.5B | ||
| Q4 25 | $1.0B | $7.2B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.1B | $3.2B | ||
| Q4 24 | $1.1B | $3.1B | ||
| Q3 24 | $2.1B | $3.0B | ||
| Q2 24 | $2.4B | $3.0B |
总资产MAGNRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $3.9B | $9.5B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | $4.1B | $3.6B | ||
| Q1 25 | $4.1B | $3.5B | ||
| Q4 24 | $4.0B | $3.4B | ||
| Q3 24 | $2.8B | $3.3B | ||
| Q2 24 | $1.5B | $3.3B |
负债/权益比MAGNRGLD
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.77× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 1.80× | — | ||
| Q3 24 | 0.91× | 0.00× | ||
| Q2 24 | 0.37× | 0.02× |
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 | $2.0M | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $-13.0M | $278.9M |
| 自由现金流率自由现金流/营收 | -1.6% | 59.4% |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 现金转化率经营现金流/净利润 | — | 1.04× |
| 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MAGNRGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | $2.0M | $241.7M | ||
| Q3 25 | — | $174.0M | ||
| Q2 25 | $0 | $152.8M | ||
| Q1 25 | $65.0M | $136.4M | ||
| Q4 24 | $-58.0M | $141.1M | ||
| Q3 24 | $12.2M | $136.7M | ||
| Q2 24 | $38.0M | $113.5M |
自由现金流MAGNRGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $-13.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $42.0M | — | ||
| Q4 24 | $-74.0M | — | ||
| Q3 24 | $3.6M | — | ||
| Q2 24 | $23.0M | — |
自由现金流率MAGNRGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | -1.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | -10.5% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 4.1% | — |
资本支出强度MAGNRGLD
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.7% | — |
现金转化率MAGNRGLD
| Q1 26 | — | 1.04× | ||
| 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 | 2.00× | 1.40× |
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
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
RGLD
| North America | $258.0M | 55% |
| South and Central America | $110.2M | 23% |
| Europe, Middle East, Africa (EMEA) | $84.8M | 18% |
| Australia Pacific | $16.1M | 3% |
