vs
OneWater Marine Inc.（ONEW）与Royalty Pharma plc（RPRX）财务数据对比。点击上方公司名可切换其他公司
Royalty Pharma plc的季度营收约是OneWater Marine Inc.的1.4倍（$622.0M vs $442.3M），Royalty Pharma plc净利率更高（34.4% vs -2.9%，领先37.4%），Royalty Pharma plc同比增速更快（4.8% vs -8.5%），过去两年OneWater Marine Inc.的营收复合增速更高（8.2% vs 4.6%）
OneWater Marine Inc.是美国头部休闲船舶零售企业，主营全新及二手船只、游艇、船舶零配件销售，同时提供船只维修保养、配套融资等服务，通过覆盖北美多州的经销商网络服务个人及商业休闲船艇客户。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
ONEW vs RPRX — 直观对比
营收规模更大
RPRX
是对方的1.4倍
$442.3M
营收增速更快
RPRX
高出13.3%
-8.5%
净利率更高
RPRX
高出37.4%
-2.9%
两年增速更快
ONEW
近两年复合增速
4.6%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $442.3M | $622.0M |
| 净利润 | $-12.9M | $214.2M |
| 毛利率 | 23.9% | — |
| 营业利润率 | 1.7% | 62.4% |
| 净利率 | -2.9% | 34.4% |
| 营收同比 | -8.5% | 4.8% |
| 净利润同比 | — | 2.9% |
| 每股收益（稀释后） | $-0.78 | $0.49 |
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ONEWRPRX
| Q2 26 | $442.3M | — | ||
| Q1 26 | $380.6M | — | ||
| Q4 25 | $380.6M | $622.0M | ||
| Q3 25 | $460.1M | $609.3M | ||
| Q2 25 | $552.9M | $578.7M | ||
| Q1 25 | $483.5M | $568.2M | ||
| Q4 24 | $375.8M | $593.6M | ||
| Q3 24 | $377.9M | $564.7M |
净利润ONEWRPRX
| Q2 26 | $-12.9M | — | ||
| Q1 26 | $-7.7M | — | ||
| Q4 25 | $-7.7M | $214.2M | ||
| Q3 25 | $-113.0M | $288.2M | ||
| Q2 25 | $10.7M | $30.2M | ||
| Q1 25 | $-368.0K | $238.3M | ||
| Q4 24 | $-12.0M | $208.2M | ||
| Q3 24 | $-9.2M | $544.0M |
毛利率ONEWRPRX
| Q2 26 | 23.9% | — | ||
| Q1 26 | 23.5% | — | ||
| Q4 25 | 23.5% | — | ||
| Q3 25 | 22.6% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 24.0% | — |
营业利润率ONEWRPRX
| Q2 26 | 1.7% | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -1.4% | 62.4% | ||
| Q3 25 | -28.3% | 70.1% | ||
| Q2 25 | 5.5% | 36.3% | ||
| Q1 25 | 3.4% | 94.0% | ||
| Q4 24 | -0.5% | 60.9% | ||
| Q3 24 | 1.2% | — |
净利率ONEWRPRX
| Q2 26 | -2.9% | — | ||
| Q1 26 | -2.0% | — | ||
| Q4 25 | -2.0% | 34.4% | ||
| Q3 25 | -24.5% | 47.3% | ||
| Q2 25 | 1.9% | 5.2% | ||
| Q1 25 | -0.1% | 41.9% | ||
| Q4 24 | -3.2% | 35.1% | ||
| Q3 24 | -2.4% | 96.3% |
每股收益（稀释后）ONEWRPRX
| Q2 26 | $-0.78 | — | ||
| Q1 26 | $-0.47 | — | ||
| Q4 25 | — | $0.49 | ||
| Q3 25 | — | $0.67 | ||
| Q2 25 | — | $0.07 | ||
| Q1 25 | — | $0.55 | ||
| Q4 24 | — | $0.46 | ||
| Q3 24 | — | $1.21 |
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 | — | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $269.4M | $9.7B |
| 总资产 | $1.4B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $618.7M | ||
| Q3 25 | — | $938.9M | ||
| Q2 25 | — | $631.9M | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $929.0M | ||
| Q3 24 | — | $950.1M |
总债务ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | — | $7.6B | ||
| Q3 24 | — | $7.6B |
股东权益ONEWRPRX
| Q2 26 | $269.4M | — | ||
| Q1 26 | $277.5M | — | ||
| Q4 25 | $277.5M | $9.7B | ||
| Q3 25 | $285.0M | $9.6B | ||
| Q2 25 | $393.2M | $9.5B | ||
| Q1 25 | $381.6M | $9.8B | ||
| Q4 24 | $354.8M | $10.3B | ||
| Q3 24 | $360.8M | $10.3B |
总资产ONEWRPRX
| Q2 26 | $1.4B | — | ||
| Q1 26 | $1.4B | — | ||
| Q4 25 | $1.4B | $19.6B | ||
| Q3 25 | $1.4B | $19.3B | ||
| Q2 25 | $1.5B | $18.3B | ||
| Q1 25 | $1.6B | $17.6B | ||
| Q4 24 | $1.6B | $18.2B | ||
| Q3 24 | $1.6B | $18.0B |
负债/权益比ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× |
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 | — | $827.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 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ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-76.3M | $827.1M | ||
| Q3 25 | $9.9M | $702.6M | ||
| Q2 25 | $90.8M | $364.0M | ||
| Q1 25 | $28.5M | $596.1M | ||
| Q4 24 | $-37.4M | $742.5M | ||
| Q3 24 | $27.3M | $703.6M |
自由现金流ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $-78.2M | — | ||
| Q3 25 | $7.2M | — | ||
| Q2 25 | $88.9M | — | ||
| Q1 25 | $23.7M | — | ||
| Q4 24 | $-40.0M | — | ||
| Q3 24 | $23.2M | — |
自由现金流率ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | -20.6% | — | ||
| Q3 25 | 1.6% | — | ||
| Q2 25 | 16.1% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | -10.7% | — | ||
| Q3 24 | 6.1% | — |
资本支出强度ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 1.0% | — | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 1.1% | — |
现金转化率ONEWRPRX
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | — | 3.86× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | 8.47× | 12.06× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | — | 1.29× |
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
ONEW
| New boat | $272.0M | 62% |
| Pre-owned boat | $94.4M | 21% |
| Service, parts & other | $61.9M | 14% |
| Finance & insurance income | $14.0M | 3% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
