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MANITOWOC CO INC（MTW）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
MANITOWOC CO INC的季度营收约是ROYAL GOLD INC的1.8倍（$677.1M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs 1.0%，领先23.9%），ROYAL GOLD INC同比增速更快（85.3% vs 13.6%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 16.9%）
马尼托瓦克公司是一家美国工程机械制造企业，创立于1902年，核心产品为起重机械，历史上曾生产商用制冷设备与船舶设备。公司通过全资子公司，围绕Grove、马尼托瓦克、Potain等多个品牌，设计、生产、销售移动式伸缩臂起重机、塔式起重机、履带式起重机等设备，并提供相关售后服务支持。
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。
MTW vs RGLD — 直观对比
营收规模更大
MTW
是对方的1.8倍
$375.3M
营收增速更快
RGLD
高出71.7%
13.6%
净利率更高
RGLD
高出23.9%
1.0%
两年增速更快
RGLD
近两年复合增速
16.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $677.1M | $375.3M |
| 净利润 | $7.0M | $93.6M |
| 毛利率 | 16.7% | 64.6% |
| 营业利润率 | 3.0% | 56.2% |
| 净利率 | 1.0% | 24.9% |
| 营收同比 | 13.6% | 85.3% |
| 净利润同比 | -87.7% | -12.8% |
| 每股收益（稀释后） | $0.20 | $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MTWRGLD
| Q4 25 | $677.1M | $375.3M | ||
| Q3 25 | $553.4M | $252.1M | ||
| Q2 25 | $539.5M | $209.6M | ||
| Q1 25 | $470.9M | $193.4M | ||
| Q4 24 | $596.0M | $202.6M | ||
| Q3 24 | $524.8M | $193.8M | ||
| Q2 24 | $562.1M | $174.1M | ||
| Q1 24 | $495.1M | $148.9M |
净利润MTWRGLD
| Q4 25 | $7.0M | $93.6M | ||
| Q3 25 | $5.0M | $126.8M | ||
| Q2 25 | $1.5M | $132.3M | ||
| Q1 25 | $-6.3M | $113.5M | ||
| Q4 24 | $56.7M | $107.4M | ||
| Q3 24 | $-7.0M | $96.2M | ||
| Q2 24 | $1.6M | $81.2M | ||
| Q1 24 | $4.5M | $47.2M |
毛利率MTWRGLD
| Q4 25 | 16.7% | 64.6% | ||
| Q3 25 | 18.5% | 73.6% | ||
| Q2 25 | 18.4% | 72.6% | ||
| Q1 25 | 19.1% | 69.4% | ||
| Q4 24 | 16.0% | 70.3% | ||
| Q3 24 | 16.7% | 66.6% | ||
| Q2 24 | 17.7% | 64.7% | ||
| Q1 24 | 18.7% | 58.4% |
营业利润率MTWRGLD
| Q4 25 | 3.0% | 56.2% | ||
| Q3 25 | 3.3% | 64.4% | ||
| Q2 25 | 1.8% | 67.7% | ||
| Q1 25 | 1.1% | 63.6% | ||
| Q4 24 | 2.7% | 65.9% | ||
| Q3 24 | 1.4% | 61.3% | ||
| Q2 24 | 2.3% | 58.6% | ||
| Q1 24 | 3.1% | 50.7% |
净利率MTWRGLD
| Q4 25 | 1.0% | 24.9% | ||
| Q3 25 | 0.9% | 50.3% | ||
| Q2 25 | 0.3% | 63.1% | ||
| Q1 25 | -1.3% | 58.7% | ||
| Q4 24 | 9.5% | 53.0% | ||
| Q3 24 | -1.3% | 49.7% | ||
| Q2 24 | 0.3% | 46.6% | ||
| Q1 24 | 0.9% | 31.7% |
每股收益（稀释后）MTWRGLD
| Q4 25 | $0.20 | $1.04 | ||
| Q3 25 | $0.14 | $1.92 | ||
| Q2 25 | $0.04 | $2.01 | ||
| Q1 25 | $-0.18 | $1.72 | ||
| Q4 24 | $1.60 | $1.63 | ||
| Q3 24 | $-0.20 | $1.46 | ||
| Q2 24 | $0.04 | $1.23 | ||
| Q1 24 | $0.12 | $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 | $77.3M | $233.7M |
| 总债务越低越好 | $447.1M | — |
| 股东权益账面价值 | $695.2M | $7.2B |
| 总资产 | $1.8B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.64× | — |
8季度趋势，按日历期对齐
现金及短期投资MTWRGLD
| Q4 25 | $77.3M | $233.7M | ||
| Q3 25 | $39.7M | $172.8M | ||
| Q2 25 | $32.9M | $248.2M | ||
| Q1 25 | $41.4M | $240.8M | ||
| Q4 24 | $48.0M | $195.5M | ||
| Q3 24 | $22.9M | $127.9M | ||
| Q2 24 | $38.1M | $74.2M | ||
| Q1 24 | $31.5M | $137.9M |
总债务MTWRGLD
| Q4 25 | $447.1M | — | ||
| Q3 25 | $479.9M | — | ||
| Q2 25 | $459.8M | — | ||
| Q1 25 | $381.4M | — | ||
| Q4 24 | $377.1M | — | ||
| Q3 24 | $426.7M | $0 | ||
| Q2 24 | $406.3M | $50.0M | ||
| Q1 24 | $372.7M | — |
股东权益MTWRGLD
| Q4 25 | $695.2M | $7.2B | ||
| Q3 25 | $682.7M | $3.4B | ||
| Q2 25 | $681.3M | $3.3B | ||
| Q1 25 | $651.6M | $3.2B | ||
| Q4 24 | $640.1M | $3.1B | ||
| Q3 24 | $607.6M | $3.0B | ||
| Q2 24 | $592.3M | $3.0B | ||
| Q1 24 | $596.0M | $2.9B |
总资产MTWRGLD
| Q4 25 | $1.8B | $9.5B | ||
| Q3 25 | $1.9B | $4.5B | ||
| Q2 25 | $1.9B | $3.6B | ||
| Q1 25 | $1.8B | $3.5B | ||
| Q4 24 | $1.7B | $3.4B | ||
| Q3 24 | $1.8B | $3.3B | ||
| Q2 24 | $1.7B | $3.3B | ||
| Q1 24 | $1.8B | $3.3B |
负债/权益比MTWRGLD
| Q4 25 | 0.64× | — | ||
| Q3 25 | 0.70× | — | ||
| Q2 25 | 0.67× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.59× | — | ||
| Q3 24 | 0.70× | 0.00× | ||
| Q2 24 | 0.69× | 0.02× | ||
| Q1 24 | 0.63× | — |
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 | $91.1M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $78.3M | — |
| 自由现金流率自由现金流/营收 | 11.6% | — |
| 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 | 13.01× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $-15.3M | — |
8季度趋势，按日历期对齐
经营现金流MTWRGLD
| Q4 25 | $91.1M | $241.7M | ||
| Q3 25 | $-14.1M | $174.0M | ||
| Q2 25 | $-67.7M | $152.8M | ||
| Q1 25 | $12.9M | $136.4M | ||
| Q4 24 | $112.4M | $141.1M | ||
| Q3 24 | $-43.6M | $136.7M | ||
| Q2 24 | $11.0M | $113.5M | ||
| Q1 24 | $-30.6M | $138.3M |
自由现金流MTWRGLD
| Q4 25 | $78.3M | — | ||
| Q3 25 | $-22.0M | — | ||
| Q2 25 | $-73.7M | — | ||
| Q1 25 | $2.1M | — | ||
| Q4 24 | $101.1M | — | ||
| Q3 24 | $-52.9M | — | ||
| Q2 24 | $-1.9M | — | ||
| Q1 24 | $-42.8M | — |
自由现金流率MTWRGLD
| Q4 25 | 11.6% | — | ||
| Q3 25 | -4.0% | — | ||
| Q2 25 | -13.7% | — | ||
| Q1 25 | 0.4% | — | ||
| Q4 24 | 17.0% | — | ||
| Q3 24 | -10.1% | — | ||
| Q2 24 | -0.3% | — | ||
| Q1 24 | -8.6% | — |
资本支出强度MTWRGLD
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 2.3% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.3% | — | ||
| Q1 24 | 2.5% | — |
现金转化率MTWRGLD
| Q4 25 | 13.01× | 2.58× | ||
| Q3 25 | -2.82× | 1.37× | ||
| Q2 25 | -45.13× | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | 1.98× | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | 6.88× | 1.40× | ||
| Q1 24 | -6.80× | 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
MTW
| US | $344.5M | 51% |
| Europe | $193.8M | 29% |
| Other Countries | $138.8M | 20% |
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% |
