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ONTO INNOVATION INC.（ONTO）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ONTO INNOVATION INC.的1.7倍（$375.3M vs $218.2M），ROYAL GOLD INC净利率更高（24.9% vs 12.9%，领先12.0%），ROYAL GOLD INC同比增速更快（85.3% vs -13.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 2.6%）
Onto Innovation是一家美国半导体企业，2019年由Rudolph Technologies与Nanometrics合并组建，为微电子制造行业提供生产工艺、工艺控制相关设备及配套软件解决方案，是全球半导体制造支撑领域的重要供应商。
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。
ONTO vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.7倍
$218.2M
营收增速更快
RGLD
高出98.8%
-13.5%
净利率更高
RGLD
高出12.0%
12.9%
两年增速更快
RGLD
近两年复合增速
2.6%
损益表 — Q3 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $218.2M | $375.3M |
| 净利润 | $28.2M | $93.6M |
| 毛利率 | 50.7% | 64.6% |
| 营业利润率 | 10.9% | 56.2% |
| 净利率 | 12.9% | 24.9% |
| 营收同比 | -13.5% | 85.3% |
| 净利润同比 | -46.8% | -12.8% |
| 每股收益（稀释后） | $0.57 | $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ONTORGLD
| Q4 25 | — | $375.3M | ||
| Q3 25 | $218.2M | $252.1M | ||
| Q2 25 | $253.6M | $209.6M | ||
| Q1 25 | $266.6M | $193.4M | ||
| Q4 24 | $263.9M | $202.6M | ||
| Q3 24 | $252.2M | $193.8M | ||
| Q2 24 | $242.3M | $174.1M | ||
| Q1 24 | $228.8M | $148.9M |
净利润ONTORGLD
| Q4 25 | — | $93.6M | ||
| Q3 25 | $28.2M | $126.8M | ||
| Q2 25 | $33.9M | $132.3M | ||
| Q1 25 | $64.1M | $113.5M | ||
| Q4 24 | $48.8M | $107.4M | ||
| Q3 24 | $53.1M | $96.2M | ||
| Q2 24 | $52.9M | $81.2M | ||
| Q1 24 | $46.9M | $47.2M |
毛利率ONTORGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | 50.7% | 73.6% | ||
| Q2 25 | 48.2% | 72.6% | ||
| Q1 25 | 53.7% | 69.4% | ||
| Q4 24 | 50.2% | 70.3% | ||
| Q3 24 | 54.1% | 66.6% | ||
| Q2 24 | 52.9% | 64.7% | ||
| Q1 24 | 51.7% | 58.4% |
营业利润率ONTORGLD
| Q4 25 | — | 56.2% | ||
| Q3 25 | 10.9% | 64.4% | ||
| Q2 25 | 12.7% | 67.7% | ||
| Q1 25 | 23.7% | 63.6% | ||
| Q4 24 | 16.1% | 65.9% | ||
| Q3 24 | 21.0% | 61.3% | ||
| Q2 24 | 20.2% | 58.6% | ||
| Q1 24 | 18.7% | 50.7% |
净利率ONTORGLD
| Q4 25 | — | 24.9% | ||
| Q3 25 | 12.9% | 50.3% | ||
| Q2 25 | 13.4% | 63.1% | ||
| Q1 25 | 24.0% | 58.7% | ||
| Q4 24 | 18.5% | 53.0% | ||
| Q3 24 | 21.0% | 49.7% | ||
| Q2 24 | 21.9% | 46.6% | ||
| Q1 24 | 20.5% | 31.7% |
每股收益（稀释后）ONTORGLD
| Q4 25 | — | $1.04 | ||
| Q3 25 | $0.57 | $1.92 | ||
| Q2 25 | $0.69 | $2.01 | ||
| Q1 25 | $1.30 | $1.72 | ||
| Q4 24 | $0.98 | $1.63 | ||
| Q3 24 | $1.07 | $1.46 | ||
| Q2 24 | $1.07 | $1.23 | ||
| Q1 24 | $0.94 | $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 | $603.1M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.0B | $7.2B |
| 总资产 | $2.2B | $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ONTORGLD
| Q4 25 | — | $233.7M | ||
| Q3 25 | $603.1M | $172.8M | ||
| Q2 25 | $217.5M | $248.2M | ||
| Q1 25 | $203.7M | $240.8M | ||
| Q4 24 | $212.9M | $195.5M | ||
| Q3 24 | $188.7M | $127.9M | ||
| Q2 24 | $172.6M | $74.2M | ||
| Q1 24 | $190.9M | $137.9M |
总债务ONTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益ONTORGLD
| Q4 25 | — | $7.2B | ||
| Q3 25 | $2.0B | $3.4B | ||
| Q2 25 | $2.0B | $3.3B | ||
| Q1 25 | $1.9B | $3.2B | ||
| Q4 24 | $1.9B | $3.1B | ||
| Q3 24 | $1.9B | $3.0B | ||
| Q2 24 | $1.8B | $3.0B | ||
| Q1 24 | $1.8B | $2.9B |
总资产ONTORGLD
| Q4 25 | — | $9.5B | ||
| Q3 25 | $2.2B | $4.5B | ||
| Q2 25 | $2.1B | $3.6B | ||
| Q1 25 | $2.1B | $3.5B | ||
| Q4 24 | $2.1B | $3.4B | ||
| Q3 24 | $2.1B | $3.3B | ||
| Q2 24 | $2.0B | $3.3B | ||
| Q1 24 | $2.0B | $3.3B |
负债/权益比ONTORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| 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 | $83.4M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $82.0M | — |
| 自由现金流率自由现金流/营收 | 37.6% | — |
| 资本支出强度资本支出/营收 | 0.6% | — |
| 现金转化率经营现金流/净利润 | 2.95× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $261.3M | — |
8季度趋势，按日历期对齐
经营现金流ONTORGLD
| Q4 25 | — | $241.7M | ||
| Q3 25 | $83.4M | $174.0M | ||
| Q2 25 | $57.9M | $152.8M | ||
| Q1 25 | $92.0M | $136.4M | ||
| Q4 24 | $56.0M | $141.1M | ||
| Q3 24 | $67.2M | $136.7M | ||
| Q2 24 | $65.3M | $113.5M | ||
| Q1 24 | $57.1M | $138.3M |
自由现金流ONTORGLD
| Q4 25 | — | — | ||
| Q3 25 | $82.0M | — | ||
| Q2 25 | $44.2M | — | ||
| Q1 25 | $83.7M | — | ||
| Q4 24 | $51.4M | — | ||
| Q3 24 | $59.2M | — | ||
| Q2 24 | $53.0M | — | ||
| Q1 24 | $50.2M | — |
自由现金流率ONTORGLD
| Q4 25 | — | — | ||
| Q3 25 | 37.6% | — | ||
| Q2 25 | 17.4% | — | ||
| Q1 25 | 31.4% | — | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 23.5% | — | ||
| Q2 24 | 21.9% | — | ||
| Q1 24 | 21.9% | — |
资本支出强度ONTORGLD
| Q4 25 | — | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | 5.4% | — | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | 1.8% | — | ||
| Q3 24 | 3.2% | — | ||
| Q2 24 | 5.1% | — | ||
| Q1 24 | 3.0% | — |
现金转化率ONTORGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | 2.95× | 1.37× | ||
| Q2 25 | 1.71× | 1.15× | ||
| Q1 25 | 1.44× | 1.20× | ||
| Q4 24 | 1.15× | 1.31× | ||
| Q3 24 | 1.27× | 1.42× | ||
| Q2 24 | 1.23× | 1.40× | ||
| Q1 24 | 1.22× | 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
ONTO
| Systems And Software Revenue | $173.8M | 80% |
| Parts Revenue | $23.9M | 11% |
| Service Revenue | $20.5M | 9% |
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% |
