vs
New Fortress Energy Inc.（NFE）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New Fortress Energy Inc.的1.2倍（$375.3M vs $326.2M），ROYAL GOLD INC净利率更高（24.9% vs -259.7%，领先284.6%），ROYAL GOLD INC同比增速更快（85.3% vs -7.0%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -26.8%）
New Fortress Energy Inc.是一家全球能源基础设施企业，主要开发、持有并运营液化天然气进出口终端、天然气供应网络及低碳能源项目，服务美洲、加勒比地区客户，致力于提供低成本、低排放的能源解决方案。
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。
NFE vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.2倍
$326.2M
营收增速更快
RGLD
高出92.3%
-7.0%
净利率更高
RGLD
高出284.6%
-259.7%
两年增速更快
RGLD
近两年复合增速
-26.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $326.2M | $375.3M |
| 净利润 | $-847.1M | $93.6M |
| 毛利率 | 35.5% | 64.6% |
| 营业利润率 | -193.0% | 56.2% |
| 净利率 | -259.7% | 24.9% |
| 营收同比 | -7.0% | 85.3% |
| 净利润同比 | -277.4% | -12.8% |
| 每股收益（稀释后） | $-3.03 | $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NFERGLD
| Q4 25 | $326.2M | $375.3M | ||
| Q3 25 | $240.3M | $252.1M | ||
| Q2 25 | $228.1M | $209.6M | ||
| Q1 25 | $384.9M | $193.4M | ||
| Q4 24 | $350.7M | $202.6M | ||
| Q3 24 | $446.0M | $193.8M | ||
| Q2 24 | $291.2M | $174.1M | ||
| Q1 24 | $609.5M | $148.9M |
净利润NFERGLD
| Q4 25 | $-847.1M | $93.6M | ||
| Q3 25 | $-263.0M | $126.8M | ||
| Q2 25 | $-546.5M | $132.3M | ||
| Q1 25 | $-175.4M | $113.5M | ||
| Q4 24 | $-224.4M | $107.4M | ||
| Q3 24 | $9.3M | $96.2M | ||
| Q2 24 | $-88.9M | $81.2M | ||
| Q1 24 | $54.1M | $47.2M |
毛利率NFERGLD
| Q4 25 | 35.5% | 64.6% | ||
| Q3 25 | 18.1% | 73.6% | ||
| Q2 25 | 8.4% | 72.6% | ||
| Q1 25 | 21.4% | 69.4% | ||
| Q4 24 | 17.6% | 70.3% | ||
| Q3 24 | 27.1% | 66.6% | ||
| Q2 24 | 23.8% | 64.7% | ||
| Q1 24 | 62.4% | 58.4% |
营业利润率NFERGLD
| Q4 25 | -193.0% | 56.2% | ||
| Q3 25 | -37.4% | 64.4% | ||
| Q2 25 | -170.3% | 67.7% | ||
| Q1 25 | -3.3% | 63.6% | ||
| Q4 24 | 65.0% | 65.9% | ||
| Q3 24 | 17.8% | 61.3% | ||
| Q2 24 | 12.3% | 58.6% | ||
| Q1 24 | 30.4% | 50.7% |
净利率NFERGLD
| Q4 25 | -259.7% | 24.9% | ||
| Q3 25 | -109.4% | 50.3% | ||
| Q2 25 | -239.6% | 63.1% | ||
| Q1 25 | -45.6% | 58.7% | ||
| Q4 24 | -64.0% | 53.0% | ||
| Q3 24 | 2.1% | 49.7% | ||
| Q2 24 | -30.5% | 46.6% | ||
| Q1 24 | 8.9% | 31.7% |
每股收益（稀释后）NFERGLD
| Q4 25 | $-3.03 | $1.04 | ||
| Q3 25 | $-0.96 | $1.92 | ||
| Q2 25 | $-1.99 | $2.01 | ||
| Q1 25 | $-0.65 | $1.72 | ||
| Q4 24 | $-1.10 | $1.63 | ||
| Q3 24 | $0.03 | $1.46 | ||
| Q2 24 | $-0.42 | $1.23 | ||
| Q1 24 | $0.23 | $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 | $226.5M | $233.7M |
| 总债务越低越好 | $8.2B | — |
| 股东权益账面价值 | $182.6M | $7.2B |
| 总资产 | $10.6B | $9.5B |
| 负债/权益比越低杠杆越低 | 44.78× | — |
8季度趋势，按日历期对齐
现金及短期投资NFERGLD
| Q4 25 | $226.5M | $233.7M | ||
| Q3 25 | $145.2M | $172.8M | ||
| Q2 25 | $551.1M | $248.2M | ||
| Q1 25 | $447.9M | $240.8M | ||
| Q4 24 | $492.9M | $195.5M | ||
| Q3 24 | $90.8M | $127.9M | ||
| Q2 24 | $133.0M | $74.2M | ||
| Q1 24 | $143.5M | $137.9M |
总债务NFERGLD
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益NFERGLD
| Q4 25 | $182.6M | $7.2B | ||
| Q3 25 | $1.1B | $3.4B | ||
| Q2 25 | $1.3B | $3.3B | ||
| Q1 25 | $1.8B | $3.2B | ||
| Q4 24 | $1.9B | $3.1B | ||
| Q3 24 | $1.6B | $3.0B | ||
| Q2 24 | $1.6B | $3.0B | ||
| Q1 24 | $1.7B | $2.9B |
总资产NFERGLD
| Q4 25 | $10.6B | $9.5B | ||
| Q3 25 | $12.0B | $4.5B | ||
| Q2 25 | $12.0B | $3.6B | ||
| Q1 25 | $13.1B | $3.5B | ||
| Q4 24 | $12.9B | $3.4B | ||
| Q3 24 | $12.0B | $3.3B | ||
| Q2 24 | $11.4B | $3.3B | ||
| Q1 24 | $10.9B | $3.3B |
负债/权益比NFERGLD
| Q4 25 | 44.78× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.74× | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.02× | ||
| Q1 24 | — | — |
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 | $-76.2M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $-134.8M | — |
| 自由现金流率自由现金流/营收 | -41.3% | — |
| 资本支出强度资本支出/营收 | 18.0% | — |
| 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 | $-1.4B | — |
8季度趋势，按日历期对齐
经营现金流NFERGLD
| Q4 25 | $-76.2M | $241.7M | ||
| Q3 25 | $-171.0M | $174.0M | ||
| Q2 25 | $-329.0M | $152.8M | ||
| Q1 25 | $-7.2M | $136.4M | ||
| Q4 24 | $445.3M | $141.1M | ||
| Q3 24 | $-20.0M | $136.7M | ||
| Q2 24 | $113.9M | $113.5M | ||
| Q1 24 | $63.0M | $138.3M |
自由现金流NFERGLD
| Q4 25 | $-134.8M | — | ||
| Q3 25 | $-231.6M | — | ||
| Q2 25 | $-726.7M | — | ||
| Q1 25 | $-262.3M | — | ||
| Q4 24 | $-210.3M | — | ||
| Q3 24 | $-367.0M | — | ||
| Q2 24 | $-493.2M | — | ||
| Q1 24 | $-457.9M | — |
自由现金流率NFERGLD
| Q4 25 | -41.3% | — | ||
| Q3 25 | -96.4% | — | ||
| Q2 25 | -318.6% | — | ||
| Q1 25 | -68.2% | — | ||
| Q4 24 | -60.0% | — | ||
| Q3 24 | -82.3% | — | ||
| Q2 24 | -169.3% | — | ||
| Q1 24 | -75.1% | — |
资本支出强度NFERGLD
| Q4 25 | 18.0% | — | ||
| Q3 25 | 25.2% | — | ||
| Q2 25 | 174.4% | — | ||
| Q1 25 | 66.3% | — | ||
| Q4 24 | 187.0% | — | ||
| Q3 24 | 77.8% | — | ||
| Q2 24 | 208.4% | — | ||
| Q1 24 | 85.5% | — |
现金转化率NFERGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | -2.15× | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | 1.16× | 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
NFE
暂无分部数据
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% |
