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NEWMARKET CORP（NEU）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
NEWMARKET CORP的季度营收约是ROYAL GOLD INC的1.4倍（$669.7M vs $469.1M），ROYAL GOLD INC净利率更高（60.0% vs 17.6%，领先42.4%），ROYAL GOLD INC同比增速更快（142.6% vs -4.5%），过去两年ROYAL GOLD INC的营收复合增速更高（64.2% vs -2.9%）
Newmarket Corporation是美国上市企业，主营业务服务于石油添加剂行业，总部位于弗吉尼亚州里士满，业务布局覆盖北美、拉美、欧洲、中东及亚太地区，其前身为1887年成立的阿尔伯马尔造纸制造公司。
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。
NEU vs RGLD — 直观对比
营收规模更大
NEU
是对方的1.4倍
$469.1M
营收增速更快
RGLD
高出147.0%
-4.5%
净利率更高
RGLD
高出42.4%
17.6%
两年增速更快
RGLD
近两年复合增速
-2.9%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $669.7M | $469.1M |
| 净利润 | $118.1M | $281.7M |
| 毛利率 | 33.0% | — |
| 营业利润率 | 21.4% | 63.3% |
| 净利率 | 17.6% | 60.0% |
| 营收同比 | -4.5% | 142.6% |
| 净利润同比 | -6.3% | 147.7% |
| 每股收益（稀释后） | $12.62 | $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NEURGLD
| Q1 26 | $669.7M | $469.1M | ||
| Q4 25 | $635.4M | $375.3M | ||
| Q3 25 | $690.3M | $252.1M | ||
| Q2 25 | $698.5M | $209.6M | ||
| Q1 25 | $700.9M | $193.4M | ||
| Q4 24 | $654.6M | $202.6M | ||
| Q3 24 | $724.9M | $193.8M | ||
| Q2 24 | $710.2M | $174.1M |
净利润NEURGLD
| Q1 26 | $118.1M | $281.7M | ||
| Q4 25 | $81.3M | $93.6M | ||
| Q3 25 | $100.3M | $126.8M | ||
| Q2 25 | $111.2M | $132.3M | ||
| Q1 25 | $125.9M | $113.5M | ||
| Q4 24 | $110.7M | $107.4M | ||
| Q3 24 | $132.3M | $96.2M | ||
| Q2 24 | $111.6M | $81.2M |
毛利率NEURGLD
| Q1 26 | 33.0% | — | ||
| Q4 25 | 30.0% | 64.6% | ||
| Q3 25 | 30.4% | 73.6% | ||
| Q2 25 | 31.6% | 72.6% | ||
| Q1 25 | 33.7% | 69.4% | ||
| Q4 24 | 31.7% | 70.3% | ||
| Q3 24 | 33.6% | 66.6% | ||
| Q2 24 | 30.8% | 64.7% |
营业利润率NEURGLD
| Q1 26 | 21.4% | 63.3% | ||
| Q4 25 | 17.3% | 56.2% | ||
| Q3 25 | 18.9% | 64.4% | ||
| Q2 25 | 20.5% | 67.7% | ||
| Q1 25 | 22.8% | 63.6% | ||
| Q4 24 | 20.3% | 65.9% | ||
| Q3 24 | 23.4% | 61.3% | ||
| Q2 24 | 20.7% | 58.6% |
净利率NEURGLD
| Q1 26 | 17.6% | 60.0% | ||
| Q4 25 | 12.8% | 24.9% | ||
| Q3 25 | 14.5% | 50.3% | ||
| Q2 25 | 15.9% | 63.1% | ||
| Q1 25 | 18.0% | 58.7% | ||
| Q4 24 | 16.9% | 53.0% | ||
| Q3 24 | 18.3% | 49.7% | ||
| Q2 24 | 15.7% | 46.6% |
每股收益（稀释后）NEURGLD
| Q1 26 | $12.62 | $3.30 | ||
| Q4 25 | $8.67 | $1.04 | ||
| Q3 25 | $10.67 | $1.92 | ||
| Q2 25 | $11.84 | $2.01 | ||
| Q1 25 | $13.26 | $1.72 | ||
| Q4 24 | $11.57 | $1.63 | ||
| Q3 24 | $13.79 | $1.46 | ||
| Q2 24 | $11.63 | $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 | $73.2M | $234.1M |
| 总债务越低越好 | $939.6M | — |
| 股东权益账面价值 | $1.7B | $7.5B |
| 总资产 | $3.5B | $9.5B |
| 负债/权益比越低杠杆越低 | 0.54× | — |
8季度趋势，按日历期对齐
现金及短期投资NEURGLD
| Q1 26 | $73.2M | $234.1M | ||
| Q4 25 | $77.6M | $233.7M | ||
| Q3 25 | $102.5M | $172.8M | ||
| Q2 25 | $70.3M | $248.2M | ||
| Q1 25 | $118.3M | $240.8M | ||
| Q4 24 | $77.5M | $195.5M | ||
| Q3 24 | $80.3M | $127.9M | ||
| Q2 24 | $87.6M | $74.2M |
总债务NEURGLD
| Q1 26 | $939.6M | — | ||
| Q4 25 | $883.4M | — | ||
| Q3 25 | $783.1M | — | ||
| Q2 25 | $841.8M | — | ||
| Q1 25 | $990.6M | — | ||
| Q4 24 | $971.3M | — | ||
| Q3 24 | $1.1B | $0 | ||
| Q2 24 | $1.2B | $50.0M |
股东权益NEURGLD
| Q1 26 | $1.7B | $7.5B | ||
| Q4 25 | $1.8B | $7.2B | ||
| Q3 25 | $1.7B | $3.4B | ||
| Q2 25 | $1.6B | $3.3B | ||
| Q1 25 | $1.5B | $3.2B | ||
| Q4 24 | $1.5B | $3.1B | ||
| Q3 24 | $1.4B | $3.0B | ||
| Q2 24 | $1.2B | $3.0B |
总资产NEURGLD
| Q1 26 | $3.5B | $9.5B | ||
| Q4 25 | $3.5B | $9.5B | ||
| Q3 25 | $3.2B | $4.5B | ||
| Q2 25 | $3.2B | $3.6B | ||
| Q1 25 | $3.2B | $3.5B | ||
| Q4 24 | $3.1B | $3.4B | ||
| Q3 24 | $3.2B | $3.3B | ||
| Q2 24 | $3.2B | $3.3B |
负债/权益比NEURGLD
| Q1 26 | 0.54× | — | ||
| Q4 25 | 0.50× | — | ||
| Q3 25 | 0.46× | — | ||
| Q2 25 | 0.52× | — | ||
| Q1 25 | 0.65× | — | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 0.80× | 0.00× | ||
| Q2 24 | 0.95× | 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 | — | $278.9M |
| 自由现金流率自由现金流/营收 | — | 59.4% |
| 资本支出强度资本支出/营收 | 3.6% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流NEURGLD
| Q1 26 | — | $293.6M | ||
| Q4 25 | $145.2M | $241.7M | ||
| Q3 25 | $142.4M | $174.0M | ||
| Q2 25 | $161.1M | $152.8M | ||
| Q1 25 | $120.3M | $136.4M | ||
| Q4 24 | $185.2M | $141.1M | ||
| Q3 24 | $116.6M | $136.7M | ||
| Q2 24 | $115.0M | $113.5M |
自由现金流NEURGLD
| Q1 26 | — | $278.9M | ||
| Q4 25 | $117.2M | — | ||
| Q3 25 | $122.1M | — | ||
| Q2 25 | $144.8M | — | ||
| Q1 25 | $107.3M | — | ||
| Q4 24 | $170.6M | — | ||
| Q3 24 | $102.4M | — | ||
| Q2 24 | $100.0M | — |
自由现金流率NEURGLD
| Q1 26 | — | 59.4% | ||
| Q4 25 | 18.4% | — | ||
| Q3 25 | 17.7% | — | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 15.3% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 14.1% | — | ||
| Q2 24 | 14.1% | — |
资本支出强度NEURGLD
| Q1 26 | 3.6% | — | ||
| Q4 25 | 4.4% | — | ||
| Q3 25 | 2.9% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 2.1% | — |
现金转化率NEURGLD
| Q1 26 | — | 1.04× | ||
| Q4 25 | 1.79× | 2.58× | ||
| Q3 25 | 1.42× | 1.37× | ||
| Q2 25 | 1.45× | 1.15× | ||
| Q1 25 | 0.96× | 1.20× | ||
| Q4 24 | 1.67× | 1.31× | ||
| Q3 24 | 0.88× | 1.42× | ||
| Q2 24 | 1.03× | 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
NEU
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% |
