vs
Opendoor Technologies Inc.（OPEN）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
Opendoor Technologies Inc.的季度营收约是ROYAL GOLD INC的2.0倍（$736.0M vs $375.3M），ROYAL GOLD INC净利率更高（24.9% vs -148.9%，领先173.9%），ROYAL GOLD INC同比增速更快（85.3% vs -32.1%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs -21.1%）
Opendoor Technologies Inc.是一家主营住宅房地产买卖的线上企业，总部位于旧金山。平台可通过线上流程向房主提供房屋即时现金报价，收购房产后进行修缮再重新挂牌出售，同时还提供基于移动端应用的购房服务及配套融资方案，截至2021年11月业务覆盖美国44个区域市场。
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。
OPEN vs RGLD — 直观对比
营收规模更大
OPEN
是对方的2.0倍
$375.3M
营收增速更快
RGLD
高出117.4%
-32.1%
净利率更高
RGLD
高出173.9%
-148.9%
两年增速更快
RGLD
近两年复合增速
-21.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $736.0M | $375.3M |
| 净利润 | $-1.1B | $93.6M |
| 毛利率 | 7.7% | 64.6% |
| 营业利润率 | -20.4% | 56.2% |
| 净利率 | -148.9% | 24.9% |
| 营收同比 | -32.1% | 85.3% |
| 净利润同比 | -869.9% | -12.8% |
| 每股收益（稀释后） | $-1.42 | $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OPENRGLD
| Q4 25 | $736.0M | $375.3M | ||
| Q3 25 | $915.0M | $252.1M | ||
| Q2 25 | $1.6B | $209.6M | ||
| Q1 25 | $1.2B | $193.4M | ||
| Q4 24 | $1.1B | $202.6M | ||
| Q3 24 | $1.4B | $193.8M | ||
| Q2 24 | $1.5B | $174.1M | ||
| Q1 24 | $1.2B | $148.9M |
净利润OPENRGLD
| Q4 25 | $-1.1B | $93.6M | ||
| Q3 25 | $-90.0M | $126.8M | ||
| Q2 25 | $-29.0M | $132.3M | ||
| Q1 25 | $-85.0M | $113.5M | ||
| Q4 24 | $-113.0M | $107.4M | ||
| Q3 24 | $-78.0M | $96.2M | ||
| Q2 24 | $-92.0M | $81.2M | ||
| Q1 24 | $-109.0M | $47.2M |
毛利率OPENRGLD
| Q4 25 | 7.7% | 64.6% | ||
| Q3 25 | 7.2% | 73.6% | ||
| Q2 25 | 8.2% | 72.6% | ||
| Q1 25 | 8.6% | 69.4% | ||
| Q4 24 | 7.8% | 70.3% | ||
| Q3 24 | 7.6% | 66.6% | ||
| Q2 24 | 8.5% | 64.7% | ||
| Q1 24 | 9.7% | 58.4% |
营业利润率OPENRGLD
| Q4 25 | -20.4% | 56.2% | ||
| Q3 25 | -7.4% | 64.4% | ||
| Q2 25 | -0.8% | 67.7% | ||
| Q1 25 | -4.9% | 63.6% | ||
| Q4 24 | -8.7% | 65.9% | ||
| Q3 24 | -4.9% | 61.3% | ||
| Q2 24 | -4.8% | 58.6% | ||
| Q1 24 | -7.4% | 50.7% |
净利率OPENRGLD
| Q4 25 | -148.9% | 24.9% | ||
| Q3 25 | -9.8% | 50.3% | ||
| Q2 25 | -1.9% | 63.1% | ||
| Q1 25 | -7.4% | 58.7% | ||
| Q4 24 | -10.4% | 53.0% | ||
| Q3 24 | -5.7% | 49.7% | ||
| Q2 24 | -6.1% | 46.6% | ||
| Q1 24 | -9.2% | 31.7% |
每股收益（稀释后）OPENRGLD
| Q4 25 | $-1.42 | $1.04 | ||
| Q3 25 | $-0.12 | $1.92 | ||
| Q2 25 | $-0.04 | $2.01 | ||
| Q1 25 | $-0.12 | $1.72 | ||
| Q4 24 | $-0.16 | $1.63 | ||
| Q3 24 | $-0.11 | $1.46 | ||
| Q2 24 | $-0.13 | $1.23 | ||
| Q1 24 | $-0.16 | $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 | $962.0M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.0B | $7.2B |
| 总资产 | $2.4B | $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OPENRGLD
| Q4 25 | $962.0M | $233.7M | ||
| Q3 25 | $962.0M | $172.8M | ||
| Q2 25 | $789.0M | $248.2M | ||
| Q1 25 | $559.0M | $240.8M | ||
| Q4 24 | $679.0M | $195.5M | ||
| Q3 24 | $837.0M | $127.9M | ||
| Q2 24 | $809.0M | $74.2M | ||
| Q1 24 | $990.0M | $137.9M |
总债务OPENRGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益OPENRGLD
| Q4 25 | $1.0B | $7.2B | ||
| Q3 25 | $811.0M | $3.4B | ||
| Q2 25 | $631.0M | $3.3B | ||
| Q1 25 | $645.0M | $3.2B | ||
| Q4 24 | $713.0M | $3.1B | ||
| Q3 24 | $801.0M | $3.0B | ||
| Q2 24 | $845.0M | $3.0B | ||
| Q1 24 | $899.0M | $2.9B |
总资产OPENRGLD
| Q4 25 | $2.4B | $9.5B | ||
| Q3 25 | $2.7B | $4.5B | ||
| Q2 25 | $2.9B | $3.6B | ||
| Q1 25 | $3.3B | $3.5B | ||
| Q4 24 | $3.1B | $3.4B | ||
| Q3 24 | $3.4B | $3.3B | ||
| Q2 24 | $3.4B | $3.3B | ||
| Q1 24 | $3.4B | $3.3B |
负债/权益比OPENRGLD
| 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 | $70.0M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $67.0M | — |
| 自由现金流率自由现金流/营收 | 9.1% | — |
| 资本支出强度资本支出/营收 | 0.4% | — |
| 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 | $1.0B | — |
8季度趋势，按日历期对齐
经营现金流OPENRGLD
| Q4 25 | $70.0M | $241.7M | ||
| Q3 25 | $435.0M | $174.0M | ||
| Q2 25 | $823.0M | $152.8M | ||
| Q1 25 | $-279.0M | $136.4M | ||
| Q4 24 | $-80.0M | $141.1M | ||
| Q3 24 | $62.0M | $136.7M | ||
| Q2 24 | $-399.0M | $113.5M | ||
| Q1 24 | $-178.0M | $138.3M |
自由现金流OPENRGLD
| Q4 25 | $67.0M | — | ||
| Q3 25 | $432.0M | — | ||
| Q2 25 | $821.0M | — | ||
| Q1 25 | $-283.0M | — | ||
| Q4 24 | $-83.0M | — | ||
| Q3 24 | $56.0M | — | ||
| Q2 24 | $-407.0M | — | ||
| Q1 24 | $-186.0M | — |
自由现金流率OPENRGLD
| Q4 25 | 9.1% | — | ||
| Q3 25 | 47.2% | — | ||
| Q2 25 | 52.4% | — | ||
| Q1 25 | -24.5% | — | ||
| Q4 24 | -7.7% | — | ||
| Q3 24 | 4.1% | — | ||
| Q2 24 | -26.9% | — | ||
| Q1 24 | -15.7% | — |
资本支出强度OPENRGLD
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.3% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 0.4% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.7% | — |
现金转化率OPENRGLD
| Q4 25 | — | 2.58× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 1.20× | ||
| Q4 24 | — | 1.31× | ||
| Q3 24 | — | 1.42× | ||
| Q2 24 | — | 1.40× | ||
| Q1 24 | — | 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
OPEN
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% |
