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MIDDLEBY Corp（MIDD）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
MIDDLEBY Corp的季度营收约是ROYAL GOLD INC的1.8倍（$866.4M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 4.3%，领先55.8%），ROYAL GOLD INC同比增速更快（142.6% vs -30.6%），ROYAL GOLD INC自由现金流更多（$278.9M vs $165.5M），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs -3.3%）
美国Middleby公司是总部位于伊利诺伊州埃尔金的上市企业，主营商用烹饪设备、工业加工设备及民用家电，其商用烹饪设备业务覆盖美国及全球前100家餐饮连锁品牌中的97家，是全球餐饮设备领域的领先供应商。
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。
MIDD vs RGLD — 直观对比
营收规模更大
MIDD
是对方的1.8倍
$469.1M
营收增速更快
RGLD
高出173.1%
-30.6%
净利率更高
RGLD
高出55.8%
4.3%
自由现金流更多
RGLD
多$113.3M
$165.5M
两年增速更快
RGLD
近两年复合增速
-3.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $866.4M | $469.1M |
| 净利润 | $36.9M | $281.7M |
| 毛利率 | 38.8% | — |
| 营业利润率 | 17.3% | 63.3% |
| 净利率 | 4.3% | 60.0% |
| 营收同比 | -30.6% | 142.6% |
| 净利润同比 | -67.1% | 147.7% |
| 每股收益（稀释后） | $0.74 | $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MIDDRGLD
| Q1 26 | — | $469.1M | ||
| Q4 25 | $866.4M | $375.3M | ||
| Q3 25 | $982.1M | $252.1M | ||
| Q2 25 | $977.9M | $209.6M | ||
| Q1 25 | $906.6M | $193.4M | ||
| Q4 24 | $1.0B | $202.6M | ||
| Q3 24 | $942.8M | $193.8M | ||
| Q2 24 | $991.5M | $174.1M |
净利润MIDDRGLD
| Q1 26 | — | $281.7M | ||
| Q4 25 | $36.9M | $93.6M | ||
| Q3 25 | $-513.0M | $126.8M | ||
| Q2 25 | $106.0M | $132.3M | ||
| Q1 25 | $92.4M | $113.5M | ||
| Q4 24 | $112.3M | $107.4M | ||
| Q3 24 | $114.2M | $96.2M | ||
| Q2 24 | $115.4M | $81.2M |
毛利率MIDDRGLD
| Q1 26 | — | — | ||
| Q4 25 | 38.8% | 64.6% | ||
| Q3 25 | 36.8% | 73.6% | ||
| Q2 25 | 38.0% | 72.6% | ||
| Q1 25 | 38.2% | 69.4% | ||
| Q4 24 | 38.4% | 70.3% | ||
| Q3 24 | 37.7% | 66.6% | ||
| Q2 24 | 38.3% | 64.7% |
营业利润率MIDDRGLD
| Q1 26 | — | 63.3% | ||
| Q4 25 | 17.3% | 56.2% | ||
| Q3 25 | -56.4% | 64.4% | ||
| Q2 25 | 15.9% | 67.7% | ||
| Q1 25 | 15.5% | 63.6% | ||
| Q4 24 | 16.8% | 65.9% | ||
| Q3 24 | 18.4% | 61.3% | ||
| Q2 24 | 17.7% | 58.6% |
净利率MIDDRGLD
| Q1 26 | — | 60.0% | ||
| Q4 25 | 4.3% | 24.9% | ||
| Q3 25 | -52.2% | 50.3% | ||
| Q2 25 | 10.8% | 63.1% | ||
| Q1 25 | 10.2% | 58.7% | ||
| Q4 24 | 11.1% | 53.0% | ||
| Q3 24 | 12.1% | 49.7% | ||
| Q2 24 | 11.6% | 46.6% |
每股收益（稀释后）MIDDRGLD
| Q1 26 | — | $3.30 | ||
| Q4 25 | $0.74 | $1.04 | ||
| Q3 25 | $-10.15 | $1.92 | ||
| Q2 25 | $1.99 | $2.01 | ||
| Q1 25 | $1.69 | $1.72 | ||
| Q4 24 | $2.07 | $1.63 | ||
| Q3 24 | $2.11 | $1.46 | ||
| Q2 24 | $2.13 | $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 | $222.2M | $234.1M |
| 总债务越低越好 | $2.2B | — |
| 股东权益账面价值 | $2.8B | $7.5B |
| 总资产 | $6.3B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.78× | — |
8季度趋势，按日历期对齐
现金及短期投资MIDDRGLD
| Q1 26 | — | $234.1M | ||
| Q4 25 | $222.2M | $233.7M | ||
| Q3 25 | $175.1M | $172.8M | ||
| Q2 25 | $511.5M | $248.2M | ||
| Q1 25 | $745.1M | $240.8M | ||
| Q4 24 | $689.5M | $195.5M | ||
| Q3 24 | $606.0M | $127.9M | ||
| Q2 24 | $459.5M | $74.2M |
总债务MIDDRGLD
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.4B | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M |
股东权益MIDDRGLD
| Q1 26 | — | $7.5B | ||
| Q4 25 | $2.8B | $7.2B | ||
| Q3 25 | $2.9B | $3.4B | ||
| Q2 25 | $3.6B | $3.3B | ||
| Q1 25 | $3.7B | $3.2B | ||
| Q4 24 | $3.6B | $3.1B | ||
| Q3 24 | $3.6B | $3.0B | ||
| Q2 24 | $3.4B | $3.0B |
总资产MIDDRGLD
| Q1 26 | — | $9.5B | ||
| Q4 25 | $6.3B | $9.5B | ||
| Q3 25 | $6.4B | $4.5B | ||
| Q2 25 | $7.3B | $3.6B | ||
| Q1 25 | $7.4B | $3.5B | ||
| Q4 24 | $7.3B | $3.4B | ||
| Q3 24 | $7.2B | $3.3B | ||
| Q2 24 | $7.0B | $3.3B |
负债/权益比MIDDRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 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 | — | $293.6M |
| 自由现金流经营现金流 - 资本支出 | $165.5M | $278.9M |
| 自由现金流率自由现金流/营收 | 19.1% | 59.4% |
| 资本支出强度资本支出/营收 | 1.5% | — |
| 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 | $530.1M | — |
8季度趋势，按日历期对齐
经营现金流MIDDRGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | — | $241.7M | ||
| Q3 25 | $176.3M | $174.0M | ||
| Q2 25 | $122.0M | $152.8M | ||
| Q1 25 | $141.1M | $136.4M | ||
| Q4 24 | $239.7M | $141.1M | ||
| Q3 24 | $156.7M | $136.7M | ||
| Q2 24 | $149.5M | $113.5M |
自由现金流MIDDRGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $165.5M | — | ||
| Q3 25 | $156.1M | — | ||
| Q2 25 | $101.1M | — | ||
| Q1 25 | $107.4M | — | ||
| Q4 24 | $226.6M | — | ||
| Q3 24 | $145.2M | — | ||
| Q2 24 | $138.6M | — |
自由现金流率MIDDRGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | 19.1% | — | ||
| Q3 25 | 15.9% | — | ||
| Q2 25 | 10.3% | — | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 22.3% | — | ||
| Q3 24 | 15.4% | — | ||
| Q2 24 | 14.0% | — |
资本支出强度MIDDRGLD
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.7% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 1.2% | — | ||
| Q2 24 | 1.1% | — |
现金转化率MIDDRGLD
| Q1 26 | — | 1.04× | ||
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | 1.15× | 1.15× | ||
| Q1 25 | 1.53× | 1.20× | ||
| Q4 24 | 2.13× | 1.31× | ||
| Q3 24 | 1.37× | 1.42× | ||
| Q2 24 | 1.30× | 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
MIDD
暂无分部数据
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% |
