vs
Magnolia Oil & Gas Corp（MGY）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Magnolia Oil & Gas Corp的1.2倍（$375.3M vs $317.6M），ROYAL GOLD INC净利率更高（24.9% vs 21.6%，领先3.3%），ROYAL GOLD INC同比增速更快（85.3% vs -2.7%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -0.3%）
帝国石油是加拿大第二大一体化石油企业，由美国石油巨头埃克森美孚持有69.6%的多数股权，有时也被称为帝国埃索。公司业务涵盖原油、稀释沥青和天然气开采，同时是加拿大主要的石油炼制商与石化产品生产商，为埃索品牌加油站提供油品供应。
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。
MGY vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.2倍
$317.6M
营收增速更快
RGLD
高出88.0%
-2.7%
净利率更高
RGLD
高出3.3%
21.6%
两年增速更快
RGLD
近两年复合增速
-0.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $317.6M | $375.3M |
| 净利润 | $68.8M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 29.6% | 56.2% |
| 净利率 | 21.6% | 24.9% |
| 营收同比 | -2.7% | 85.3% |
| 净利润同比 | -19.7% | -12.8% |
| 每股收益（稀释后） | — | $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MGYRGLD
| Q4 25 | $317.6M | $375.3M | ||
| Q3 25 | $324.9M | $252.1M | ||
| Q2 25 | $319.0M | $209.6M | ||
| Q1 25 | $350.3M | $193.4M | ||
| Q4 24 | $326.6M | $202.6M | ||
| Q3 24 | $333.1M | $193.8M | ||
| Q2 24 | $336.7M | $174.1M | ||
| Q1 24 | $319.4M | $148.9M |
净利润MGYRGLD
| Q4 25 | $68.8M | $93.6M | ||
| Q3 25 | $75.5M | $126.8M | ||
| Q2 25 | $78.1M | $132.3M | ||
| Q1 25 | $102.9M | $113.5M | ||
| Q4 24 | $85.6M | $107.4M | ||
| Q3 24 | $99.8M | $96.2M | ||
| Q2 24 | $95.6M | $81.2M | ||
| Q1 24 | $85.1M | $47.2M |
毛利率MGYRGLD
| 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MGYRGLD
| Q4 25 | 29.6% | 56.2% | ||
| Q3 25 | 31.2% | 64.4% | ||
| Q2 25 | 33.8% | 67.7% | ||
| Q1 25 | 38.8% | 63.6% | ||
| Q4 24 | 38.0% | 65.9% | ||
| Q3 24 | 38.7% | 61.3% | ||
| Q2 24 | 39.9% | 58.6% | ||
| Q1 24 | 39.0% | 50.7% |
净利率MGYRGLD
| Q4 25 | 21.6% | 24.9% | ||
| Q3 25 | 23.2% | 50.3% | ||
| Q2 25 | 24.5% | 63.1% | ||
| Q1 25 | 29.4% | 58.7% | ||
| Q4 24 | 26.2% | 53.0% | ||
| Q3 24 | 30.0% | 49.7% | ||
| Q2 24 | 28.4% | 46.6% | ||
| Q1 24 | 26.6% | 31.7% |
每股收益（稀释后）MGYRGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | — | $1.92 | ||
| Q2 25 | — | $2.01 | ||
| Q1 25 | — | $1.72 | ||
| Q4 24 | — | $1.63 | ||
| Q3 24 | — | $1.46 | ||
| Q2 24 | — | $1.23 | ||
| Q1 24 | — | $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 | $266.8M | $233.7M |
| 总债务越低越好 | $393.3M | — |
| 股东权益账面价值 | $2.0B | $7.2B |
| 总资产 | $2.9B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.20× | — |
8季度趋势，按日历期对齐
现金及短期投资MGYRGLD
| Q4 25 | $266.8M | $233.7M | ||
| Q3 25 | $280.5M | $172.8M | ||
| Q2 25 | $251.8M | $248.2M | ||
| Q1 25 | $247.6M | $240.8M | ||
| Q4 24 | $260.0M | $195.5M | ||
| Q3 24 | $276.1M | $127.9M | ||
| Q2 24 | $275.7M | $74.2M | ||
| Q1 24 | $399.3M | $137.9M |
总债务MGYRGLD
| Q4 25 | $393.3M | — | ||
| Q3 25 | $393.1M | — | ||
| Q2 25 | $392.9M | — | ||
| Q1 25 | $392.7M | — | ||
| Q4 24 | $392.5M | — | ||
| Q3 24 | $394.8M | $0 | ||
| Q2 24 | $394.1M | $50.0M | ||
| Q1 24 | $393.5M | — |
股东权益MGYRGLD
| Q4 25 | $2.0B | $7.2B | ||
| Q3 25 | $2.0B | $3.4B | ||
| Q2 25 | $2.0B | $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MGYRGLD
| Q4 25 | $2.9B | $9.5B | ||
| Q3 25 | $2.9B | $4.5B | ||
| Q2 25 | $2.9B | $3.6B | ||
| Q1 25 | $2.9B | $3.5B | ||
| Q4 24 | $2.8B | $3.4B | ||
| Q3 24 | $2.8B | $3.3B | ||
| Q2 24 | $2.8B | $3.3B | ||
| Q1 24 | $2.8B | $3.3B |
负债/权益比MGYRGLD
| Q4 25 | 0.20× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.20× | — | ||
| Q1 25 | 0.20× | — | ||
| Q4 24 | 0.20× | — | ||
| Q3 24 | 0.20× | 0.00× | ||
| Q2 24 | 0.21× | 0.02× | ||
| Q1 24 | 0.21× | — |
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 | $208.4M | $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 | — | — |
| 现金转化率经营现金流/净利润 | 3.03× | 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MGYRGLD
| Q4 25 | $208.4M | $241.7M | ||
| Q3 25 | $247.1M | $174.0M | ||
| Q2 25 | $198.7M | $152.8M | ||
| Q1 25 | $224.5M | $136.4M | ||
| Q4 24 | $222.6M | $141.1M | ||
| Q3 24 | $217.9M | $136.7M | ||
| Q2 24 | $269.4M | $113.5M | ||
| Q1 24 | $210.9M | $138.3M |
现金转化率MGYRGLD
| Q4 25 | 3.03× | 2.58× | ||
| Q3 25 | 3.27× | 1.37× | ||
| Q2 25 | 2.54× | 1.15× | ||
| Q1 25 | 2.18× | 1.20× | ||
| Q4 24 | 2.60× | 1.31× | ||
| Q3 24 | 2.18× | 1.42× | ||
| Q2 24 | 2.82× | 1.40× | ||
| Q1 24 | 2.48× | 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
MGY
| Oil And Condensate | $215.6M | 68% |
| Natural Gas Reserves | $52.9M | 17% |
| Natural Gas Liquids Reserves | $49.1M | 15% |
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% |
