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Mister Car Wash, Inc.（MCW）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
ROYAL GOLD INC的季度营收约是Mister Car Wash, Inc.的1.4倍（$375.3M vs $261.2M），ROYAL GOLD INC净利率更高（24.9% vs 7.7%，领先17.3%），ROYAL GOLD INC同比增速更快（85.3% vs 4.0%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 4.5%）
棕熊洗车是总部位于美国华盛顿州的连锁洗车品牌，1957年在西雅图成立，截至2021年拥有49家门店，是美国排名第12位的大型洗车连锁企业，在当地洗车服务市场拥有较高的市场认可度。
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。
MCW vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.4倍
$261.2M
营收增速更快
RGLD
高出81.3%
4.0%
净利率更高
RGLD
高出17.3%
7.7%
两年增速更快
RGLD
近两年复合增速
4.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $261.2M | $375.3M |
| 净利润 | $20.1M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 15.8% | 56.2% |
| 净利率 | 7.7% | 24.9% |
| 营收同比 | 4.0% | 85.3% |
| 净利润同比 | 118.9% | -12.8% |
| 每股收益（稀释后） | $0.06 | $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MCWRGLD
| Q4 25 | $261.2M | $375.3M | ||
| Q3 25 | $263.4M | $252.1M | ||
| Q2 25 | $265.4M | $209.6M | ||
| Q1 25 | $261.7M | $193.4M | ||
| Q4 24 | $251.2M | $202.6M | ||
| Q3 24 | $249.3M | $193.8M | ||
| Q2 24 | $255.0M | $174.1M | ||
| Q1 24 | $239.2M | $148.9M |
净利润MCWRGLD
| Q4 25 | $20.1M | $93.6M | ||
| Q3 25 | $27.4M | $126.8M | ||
| Q2 25 | $28.6M | $132.3M | ||
| Q1 25 | $27.0M | $113.5M | ||
| Q4 24 | $9.2M | $107.4M | ||
| Q3 24 | $22.3M | $96.2M | ||
| Q2 24 | $22.1M | $81.2M | ||
| Q1 24 | $16.6M | $47.2M |
毛利率MCWRGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% | ||
| Q1 24 | — | 58.4% |
营业利润率MCWRGLD
| Q4 25 | 15.8% | 56.2% | ||
| Q3 25 | 19.7% | 64.4% | ||
| Q2 25 | 20.4% | 67.7% | ||
| Q1 25 | 20.2% | 63.6% | ||
| Q4 24 | 12.7% | 65.9% | ||
| Q3 24 | 19.9% | 61.3% | ||
| Q2 24 | 21.6% | 58.6% | ||
| Q1 24 | 17.8% | 50.7% |
净利率MCWRGLD
| Q4 25 | 7.7% | 24.9% | ||
| Q3 25 | 10.4% | 50.3% | ||
| Q2 25 | 10.8% | 63.1% | ||
| Q1 25 | 10.3% | 58.7% | ||
| Q4 24 | 3.7% | 53.0% | ||
| Q3 24 | 9.0% | 49.7% | ||
| Q2 24 | 8.7% | 46.6% | ||
| Q1 24 | 7.0% | 31.7% |
每股收益（稀释后）MCWRGLD
| Q4 25 | $0.06 | $1.04 | ||
| Q3 25 | $0.08 | $1.92 | ||
| Q2 25 | $0.09 | $2.01 | ||
| Q1 25 | $0.08 | $1.72 | ||
| Q4 24 | $0.02 | $1.63 | ||
| Q3 24 | $0.07 | $1.46 | ||
| Q2 24 | $0.07 | $1.23 | ||
| Q1 24 | $0.05 | $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 | $28.4M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $7.2B |
| 总资产 | $3.2B | $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MCWRGLD
| Q4 25 | $28.4M | $233.7M | ||
| Q3 25 | $35.7M | $172.8M | ||
| Q2 25 | $26.4M | $248.2M | ||
| Q1 25 | $39.1M | $240.8M | ||
| Q4 24 | $67.5M | $195.5M | ||
| Q3 24 | $16.5M | $127.9M | ||
| Q2 24 | $3.6M | $74.2M | ||
| Q1 24 | $10.7M | $137.9M |
总债务MCWRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益MCWRGLD
| Q4 25 | $1.1B | $7.2B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $1.0B | $3.2B | ||
| Q4 24 | $998.4M | $3.1B | ||
| Q3 24 | $979.4M | $3.0B | ||
| Q2 24 | $949.4M | $3.0B | ||
| Q1 24 | $928.7M | $2.9B |
总资产MCWRGLD
| Q4 25 | $3.2B | $9.5B | ||
| Q3 25 | $3.1B | $4.5B | ||
| Q2 25 | $3.1B | $3.6B | ||
| Q1 25 | $3.1B | $3.5B | ||
| Q4 24 | $3.1B | $3.4B | ||
| Q3 24 | $3.0B | $3.3B | ||
| Q2 24 | $3.0B | $3.3B | ||
| Q1 24 | $2.9B | $3.3B |
负债/权益比MCWRGLD
| 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 | $60.0M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-16.8M | — |
| 自由现金流率自由现金流/营收 | -6.4% | — |
| 资本支出强度资本支出/营收 | 29.4% | — |
| 现金转化率经营现金流/净利润 | 2.99× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $30.3M | — |
8季度趋势，按日历期对齐
经营现金流MCWRGLD
| Q4 25 | $60.0M | $241.7M | ||
| Q3 25 | $91.4M | $174.0M | ||
| Q2 25 | $46.8M | $152.8M | ||
| Q1 25 | $87.5M | $136.4M | ||
| Q4 24 | $49.8M | $141.1M | ||
| Q3 24 | $80.0M | $136.7M | ||
| Q2 24 | $60.9M | $113.5M | ||
| Q1 24 | $58.0M | $138.3M |
自由现金流MCWRGLD
| Q4 25 | $-16.8M | — | ||
| Q3 25 | $25.8M | — | ||
| Q2 25 | $-11.2M | — | ||
| Q1 25 | $32.5M | — | ||
| Q4 24 | $-20.4M | — | ||
| Q3 24 | $-16.8M | — | ||
| Q2 24 | $-20.4M | — | ||
| Q1 24 | $-23.9M | — |
自由现金流率MCWRGLD
| Q4 25 | -6.4% | — | ||
| Q3 25 | 9.8% | — | ||
| Q2 25 | -4.2% | — | ||
| Q1 25 | 12.4% | — | ||
| Q4 24 | -8.1% | — | ||
| Q3 24 | -6.8% | — | ||
| Q2 24 | -8.0% | — | ||
| Q1 24 | -10.0% | — |
资本支出强度MCWRGLD
| Q4 25 | 29.4% | — | ||
| Q3 25 | 24.9% | — | ||
| Q2 25 | 21.9% | — | ||
| Q1 25 | 21.1% | — | ||
| Q4 24 | 27.9% | — | ||
| Q3 24 | 38.8% | — | ||
| Q2 24 | 31.9% | — | ||
| Q1 24 | 34.2% | — |
现金转化率MCWRGLD
| Q4 25 | 2.99× | 2.58× | ||
| Q3 25 | 3.33× | 1.37× | ||
| Q2 25 | 1.64× | 1.15× | ||
| Q1 25 | 3.24× | 1.20× | ||
| Q4 24 | 5.43× | 1.31× | ||
| Q3 24 | 3.58× | 1.42× | ||
| Q2 24 | 2.76× | 1.40× | ||
| Q1 24 | 3.49× | 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
MCW
| Transferred Over Time | $205.7M | 79% |
| Transferred At Point In Time | $55.2M | 21% |
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% |
