vs
Montrose Environmental Group, Inc.（MEG）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Montrose Environmental Group, Inc.的1.9倍（$375.3M vs $193.3M），ROYAL GOLD INC净利率更高（24.9% vs -4.3%，领先29.2%），ROYAL GOLD INC同比增速更快（85.3% vs 2.2%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 11.5%）
蒙特罗斯环境集团是一家美国跨国企业，主营各类环境服务，业务覆盖环境行业全产业链，可为公共部门及私营领域客户提供一体化支持。公司总部位于阿肯色州小石城，在美国特拉华州完成注册。
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。
MEG vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.9倍
$193.3M
营收增速更快
RGLD
高出83.1%
2.2%
净利率更高
RGLD
高出29.2%
-4.3%
两年增速更快
RGLD
近两年复合增速
11.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $193.3M | $375.3M |
| 净利润 | $-8.2M | $93.6M |
| 毛利率 | 38.6% | 64.6% |
| 营业利润率 | -1.3% | 56.2% |
| 净利率 | -4.3% | 24.9% |
| 营收同比 | 2.2% | 85.3% |
| 净利润同比 | 70.9% | -12.8% |
| 每股收益（稀释后） | $-0.13 | $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MEGRGLD
| Q4 25 | $193.3M | $375.3M | ||
| Q3 25 | $224.9M | $252.1M | ||
| Q2 25 | $234.5M | $209.6M | ||
| Q1 25 | $177.8M | $193.4M | ||
| Q4 24 | $189.1M | $202.6M | ||
| Q3 24 | $178.7M | $193.8M | ||
| Q2 24 | $173.3M | $174.1M | ||
| Q1 24 | $155.3M | $148.9M |
净利润MEGRGLD
| Q4 25 | $-8.2M | $93.6M | ||
| Q3 25 | $8.4M | $126.8M | ||
| Q2 25 | $18.4M | $132.3M | ||
| Q1 25 | $-19.4M | $113.5M | ||
| Q4 24 | $-28.2M | $107.4M | ||
| Q3 24 | $-10.6M | $96.2M | ||
| Q2 24 | $-10.2M | $81.2M | ||
| Q1 24 | $-13.4M | $47.2M |
毛利率MEGRGLD
| Q4 25 | 38.6% | 64.6% | ||
| Q3 25 | 39.4% | 73.6% | ||
| Q2 25 | 43.4% | 72.6% | ||
| Q1 25 | 39.0% | 69.4% | ||
| Q4 24 | 40.8% | 70.3% | ||
| Q3 24 | 40.9% | 66.6% | ||
| Q2 24 | 39.9% | 64.7% | ||
| Q1 24 | 37.8% | 58.4% |
营业利润率MEGRGLD
| Q4 25 | -1.3% | 56.2% | ||
| Q3 25 | 4.4% | 64.4% | ||
| Q2 25 | 6.4% | 67.7% | ||
| Q1 25 | -5.9% | 63.6% | ||
| Q4 24 | -12.1% | 65.9% | ||
| Q3 24 | -0.6% | 61.3% | ||
| Q2 24 | -1.5% | 58.6% | ||
| Q1 24 | -6.5% | 50.7% |
净利率MEGRGLD
| Q4 25 | -4.3% | 24.9% | ||
| Q3 25 | 3.7% | 50.3% | ||
| Q2 25 | 7.8% | 63.1% | ||
| Q1 25 | -10.9% | 58.7% | ||
| Q4 24 | -14.9% | 53.0% | ||
| Q3 24 | -5.9% | 49.7% | ||
| Q2 24 | -5.9% | 46.6% | ||
| Q1 24 | -8.6% | 31.7% |
每股收益（稀释后）MEGRGLD
| Q4 25 | $-0.13 | $1.04 | ||
| Q3 25 | $0.21 | $1.92 | ||
| Q2 25 | $0.42 | $2.01 | ||
| Q1 25 | $-0.64 | $1.72 | ||
| Q4 24 | $-0.91 | $1.63 | ||
| Q3 24 | $-0.39 | $1.46 | ||
| Q2 24 | $-0.39 | $1.23 | ||
| Q1 24 | $-0.53 | $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 | $11.2M | $233.7M |
| 总债务越低越好 | $277.1M | — |
| 股东权益账面价值 | $451.2M | $7.2B |
| 总资产 | $981.3M | $9.5B |
| 负债/权益比越低杠杆越低 | 0.61× | — |
8季度趋势，按日历期对齐
现金及短期投资MEGRGLD
| Q4 25 | $11.2M | $233.7M | ||
| Q3 25 | $6.7M | $172.8M | ||
| Q2 25 | $10.5M | $248.2M | ||
| Q1 25 | $30.3M | $240.8M | ||
| Q4 24 | $12.9M | $195.5M | ||
| Q3 24 | $13.0M | $127.9M | ||
| Q2 24 | $16.9M | $74.2M | ||
| Q1 24 | $9.5M | $137.9M |
总债务MEGRGLD
| Q4 25 | $277.1M | — | ||
| Q3 25 | $302.4M | — | ||
| Q2 25 | $264.6M | — | ||
| Q1 25 | $235.6M | — | ||
| Q4 24 | $204.8M | — | ||
| Q3 24 | $233.0M | $0 | ||
| Q2 24 | $188.7M | $50.0M | ||
| Q1 24 | $280.9M | — |
股东权益MEGRGLD
| Q4 25 | $451.2M | $7.2B | ||
| Q3 25 | $458.7M | $3.4B | ||
| Q2 25 | $470.3M | $3.3B | ||
| Q1 25 | $444.1M | $3.2B | ||
| Q4 24 | $446.3M | $3.1B | ||
| Q3 24 | $449.2M | $3.0B | ||
| Q2 24 | $448.8M | $3.0B | ||
| Q1 24 | $324.5M | $2.9B |
总资产MEGRGLD
| Q4 25 | $981.3M | $9.5B | ||
| Q3 25 | $985.7M | $4.5B | ||
| Q2 25 | $998.1M | $3.6B | ||
| Q1 25 | $992.2M | $3.5B | ||
| Q4 24 | $990.4M | $3.4B | ||
| Q3 24 | $1.0B | $3.3B | ||
| Q2 24 | $943.9M | $3.3B | ||
| Q1 24 | $918.1M | $3.3B |
负债/权益比MEGRGLD
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.56× | — | ||
| Q1 25 | 0.53× | — | ||
| Q4 24 | 0.46× | — | ||
| Q3 24 | 0.52× | 0.00× | ||
| Q2 24 | 0.42× | 0.02× | ||
| Q1 24 | 0.87× | — |
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 | $51.9M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $46.5M | — |
| 自由现金流率自由现金流/营收 | 24.1% | — |
| 资本支出强度资本支出/营收 | 2.8% | — |
| 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 | $91.2M | — |
8季度趋势，按日历期对齐
经营现金流MEGRGLD
| Q4 25 | $51.9M | $241.7M | ||
| Q3 25 | $28.1M | $174.0M | ||
| Q2 25 | $21.9M | $152.8M | ||
| Q1 25 | $5.5M | $136.4M | ||
| Q4 24 | $32.0M | $141.1M | ||
| Q3 24 | $11.4M | $136.7M | ||
| Q2 24 | $894.0K | $113.5M | ||
| Q1 24 | $-22.0M | $138.3M |
自由现金流MEGRGLD
| Q4 25 | $46.5M | — | ||
| Q3 25 | $22.3M | — | ||
| Q2 25 | $19.9M | — | ||
| Q1 25 | $2.4M | — | ||
| Q4 24 | $29.7M | — | ||
| Q3 24 | $10.2M | — | ||
| Q2 24 | $-9.8M | — | ||
| Q1 24 | $-29.3M | — |
自由现金流率MEGRGLD
| Q4 25 | 24.1% | — | ||
| Q3 25 | 9.9% | — | ||
| Q2 25 | 8.5% | — | ||
| Q1 25 | 1.3% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 5.7% | — | ||
| Q2 24 | -5.6% | — | ||
| Q1 24 | -18.9% | — |
资本支出强度MEGRGLD
| Q4 25 | 2.8% | — | ||
| Q3 25 | 2.6% | — | ||
| Q2 25 | 0.8% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.2% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 6.1% | — | ||
| Q1 24 | 4.7% | — |
现金转化率MEGRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | 3.36× | 1.37× | ||
| Q2 25 | 1.19× | 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
MEG
暂无分部数据
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% |
