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纽蒙特（NEM）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
纽蒙特的季度营收约是ROYAL GOLD INC的19.5倍（$7.3B vs $375.3M），纽蒙特净利率更高（26.0% vs 24.9%，领先1.1%），ROYAL GOLD INC同比增速更快（85.3% vs -31.4%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 28.8%）
纽蒙特公司是总部位于美国科罗拉多州丹佛市的金矿企业，为全球规模最大的金矿开采集团。公司成立于1921年，在全球十余个国家持有金矿资产，还与巴里克矿业共同持有内华达金矿的部分股权，除黄金外也开采铜、银、锌、铅等多种金属。
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。
NEM vs RGLD — 直观对比
营收规模更大
NEM
是对方的19.5倍
$375.3M
营收增速更快
RGLD
高出116.7%
-31.4%
净利率更高
NEM
高出1.1%
24.9%
两年增速更快
RGLD
近两年复合增速
28.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $7.3B | $375.3M |
| 净利润 | $1.9B | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | — | 56.2% |
| 净利率 | 26.0% | 24.9% |
| 营收同比 | -31.4% | 85.3% |
| 净利润同比 | -8.3% | -12.8% |
| 每股收益（稀释后） | $1.68 | $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NEMRGLD
| Q1 26 | $7.3B | — | ||
| Q4 25 | $6.8B | $375.3M | ||
| Q3 25 | $5.5B | $252.1M | ||
| Q2 25 | $5.3B | $209.6M | ||
| Q1 25 | $5.0B | $193.4M | ||
| Q4 24 | $5.7B | $202.6M | ||
| Q3 24 | $4.6B | $193.8M | ||
| Q2 24 | $4.4B | $174.1M |
净利润NEMRGLD
| Q1 26 | $1.9B | — | ||
| Q4 25 | $1.3B | $93.6M | ||
| Q3 25 | $1.8B | $126.8M | ||
| Q2 25 | $2.1B | $132.3M | ||
| Q1 25 | $1.9B | $113.5M | ||
| Q4 24 | $1.4B | $107.4M | ||
| Q3 24 | $922.0M | $96.2M | ||
| Q2 24 | $853.0M | $81.2M |
毛利率NEMRGLD
| Q1 26 | — | — | ||
| 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% |
营业利润率NEMRGLD
| Q1 26 | — | — | ||
| Q4 25 | 47.6% | 56.2% | ||
| Q3 25 | 45.4% | 64.4% | ||
| Q2 25 | 58.6% | 67.7% | ||
| Q1 25 | 49.3% | 63.6% | ||
| Q4 24 | 36.3% | 65.9% | ||
| Q3 24 | 23.0% | 61.3% | ||
| Q2 24 | 23.5% | 58.6% |
净利率NEMRGLD
| Q1 26 | 26.0% | — | ||
| Q4 25 | 19.1% | 24.9% | ||
| Q3 25 | 33.2% | 50.3% | ||
| Q2 25 | 38.8% | 63.1% | ||
| Q1 25 | 37.7% | 58.7% | ||
| Q4 24 | 24.8% | 53.0% | ||
| Q3 24 | 20.0% | 49.7% | ||
| Q2 24 | 19.4% | 46.6% |
每股收益（稀释后）NEMRGLD
| Q1 26 | $1.68 | — | ||
| Q4 25 | $1.19 | $1.04 | ||
| Q3 25 | $1.67 | $1.92 | ||
| Q2 25 | $1.85 | $2.01 | ||
| Q1 25 | $1.68 | $1.72 | ||
| Q4 24 | $1.23 | $1.63 | ||
| Q3 24 | $0.80 | $1.46 | ||
| Q2 24 | $0.74 | $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 | $4.7B | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $31.4B | $7.2B |
| 总资产 | $55.5B | $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NEMRGLD
| Q1 26 | $4.7B | — | ||
| Q4 25 | $8.2B | $233.7M | ||
| Q3 25 | $6.0B | $172.8M | ||
| Q2 25 | $6.7B | $248.2M | ||
| Q1 25 | $4.7B | $240.8M | ||
| Q4 24 | $3.6B | $195.5M | ||
| Q3 24 | $3.1B | $127.9M | ||
| Q2 24 | $2.7B | $74.2M |
总债务NEMRGLD
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | $5.2B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $7.5B | — | ||
| Q4 24 | $8.5B | — | ||
| Q3 24 | $8.6B | $0 | ||
| Q2 24 | $8.7B | $50.0M |
股东权益NEMRGLD
| Q1 26 | $31.4B | — | ||
| Q4 25 | $33.9B | $7.2B | ||
| Q3 25 | $33.2B | $3.4B | ||
| Q2 25 | $32.1B | $3.3B | ||
| Q1 25 | $31.2B | $3.2B | ||
| Q4 24 | $29.9B | $3.1B | ||
| Q3 24 | $29.7B | $3.0B | ||
| Q2 24 | $29.4B | $3.0B |
总资产NEMRGLD
| Q1 26 | $55.5B | — | ||
| Q4 25 | $57.1B | $9.5B | ||
| Q3 25 | $54.7B | $4.5B | ||
| Q2 25 | $55.2B | $3.6B | ||
| Q1 25 | $55.5B | $3.5B | ||
| Q4 24 | $56.3B | $3.4B | ||
| Q3 24 | $56.2B | $3.3B | ||
| Q2 24 | $55.7B | $3.3B |
负债/权益比NEMRGLD
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.16× | — | ||
| Q2 25 | 0.22× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.28× | — | ||
| Q3 24 | 0.29× | 0.00× | ||
| Q2 24 | 0.30× | 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 | — | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $1.2B | — |
| 自由现金流率自由现金流/营收 | 16.5% | — |
| 资本支出强度资本支出/营收 | 11.3% | — |
| 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 | $7.3B | — |
8季度趋势，按日历期对齐
经营现金流NEMRGLD
| Q1 26 | — | — | ||
| Q4 25 | $3.6B | $241.7M | ||
| Q3 25 | $2.3B | $174.0M | ||
| Q2 25 | $2.4B | $152.8M | ||
| Q1 25 | $2.0B | $136.4M | ||
| Q4 24 | $2.5B | $141.1M | ||
| Q3 24 | $1.6B | $136.7M | ||
| Q2 24 | $1.4B | $113.5M |
自由现金流NEMRGLD
| Q1 26 | $1.2B | — | ||
| Q4 25 | $2.8B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.7B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $771.0M | — | ||
| Q2 24 | $628.0M | — |
自由现金流率NEMRGLD
| Q1 26 | 16.5% | — | ||
| Q4 25 | 41.3% | — | ||
| Q3 25 | 28.4% | — | ||
| Q2 25 | 32.2% | — | ||
| Q1 25 | 24.1% | — | ||
| Q4 24 | 28.9% | — | ||
| Q3 24 | 16.7% | — | ||
| Q2 24 | 14.3% | — |
资本支出强度NEMRGLD
| Q1 26 | 11.3% | — | ||
| Q4 25 | 11.9% | — | ||
| Q3 25 | 13.2% | — | ||
| Q2 25 | 12.7% | — | ||
| Q1 25 | 16.5% | — | ||
| Q4 24 | 15.5% | — | ||
| Q3 24 | 19.0% | — | ||
| Q2 24 | 18.2% | — |
现金转化率NEMRGLD
| Q1 26 | — | — | ||
| Q4 25 | 2.78× | 2.58× | ||
| Q3 25 | 1.25× | 1.37× | ||
| Q2 25 | 1.16× | 1.15× | ||
| Q1 25 | 1.07× | 1.20× | ||
| Q4 24 | 1.79× | 1.31× | ||
| Q3 24 | 1.79× | 1.42× | ||
| Q2 24 | 1.67× | 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
NEM
| Consolidated gold sales, net | $6.0B | 83% |
| Other | $506.0M | 7% |
| Consolidated copper sales, net | $354.0M | 5% |
| Consolidated silver sales, net | $188.0M | 3% |
| Consolidated zinc sales, net | $181.0M | 2% |
| Consolidated lead sales, net | $42.0M | 1% |
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% |
