vs
派安盈（PAYO）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的季度营收约是派安盈的1.7倍（$375.3M vs $217.0M），ROYAL GOLD INC净利率更高（24.9% vs 8.8%，领先16.2%），ROYAL GOLD INC同比增速更快（85.3% vs 9.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 16.3%）
派安盈（Payoneer）是一家美国金融服务企业，主要为全球用户提供在线跨境汇款、数字支付解决方案及营运资金支持，助力中小企业、跨境电商及自由职业者高效处理全球收付款业务，降低跨境资金流转成本。
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。
PAYO vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.7倍
$217.0M
营收增速更快
RGLD
高出75.8%
9.5%
净利率更高
RGLD
高出16.2%
8.8%
两年增速更快
RGLD
近两年复合增速
16.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $217.0M | $375.3M |
| 净利润 | $19.0M | $93.6M |
| 毛利率 | — | 64.6% |
| 营业利润率 | 13.3% | 56.2% |
| 净利率 | 8.8% | 24.9% |
| 营收同比 | 9.5% | 85.3% |
| 净利润同比 | 4.5% | -12.8% |
| 每股收益（稀释后） | $0.05 | $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PAYORGLD
| Q4 25 | $217.0M | $375.3M | ||
| Q3 25 | $209.7M | $252.1M | ||
| Q2 25 | $200.5M | $209.6M | ||
| Q1 25 | $186.3M | $193.4M | ||
| Q4 24 | $198.2M | $202.6M | ||
| Q3 24 | $180.4M | $193.8M | ||
| Q2 24 | $171.2M | $174.1M | ||
| Q1 24 | $160.5M | $148.9M |
净利润PAYORGLD
| Q4 25 | $19.0M | $93.6M | ||
| Q3 25 | $14.1M | $126.8M | ||
| Q2 25 | $19.5M | $132.3M | ||
| Q1 25 | $20.6M | $113.5M | ||
| Q4 24 | $18.2M | $107.4M | ||
| Q3 24 | $41.6M | $96.2M | ||
| Q2 24 | $32.4M | $81.2M | ||
| Q1 24 | $29.0M | $47.2M |
毛利率PAYORGLD
| Q4 25 | — | 64.6% | ||
| Q3 25 | — | 73.6% | ||
| Q2 25 | — | 72.6% | ||
| Q1 25 | — | 69.4% | ||
| Q4 24 | — | 70.3% | ||
| Q3 24 | — | 66.6% | ||
| Q2 24 | — | 64.7% | ||
| Q1 24 | — | 58.4% |
营业利润率PAYORGLD
| Q4 25 | 13.3% | 56.2% | ||
| Q3 25 | 17.3% | 64.4% | ||
| Q2 25 | 15.0% | 67.7% | ||
| Q1 25 | 15.7% | 63.6% | ||
| Q4 24 | 14.7% | 65.9% | ||
| Q3 24 | 19.5% | 61.3% | ||
| Q2 24 | 27.0% | 58.6% | ||
| Q1 24 | 23.9% | 50.7% |
净利率PAYORGLD
| Q4 25 | 8.8% | 24.9% | ||
| Q3 25 | 6.7% | 50.3% | ||
| Q2 25 | 9.7% | 63.1% | ||
| Q1 25 | 11.0% | 58.7% | ||
| Q4 24 | 9.2% | 53.0% | ||
| Q3 24 | 23.1% | 49.7% | ||
| Q2 24 | 18.9% | 46.6% | ||
| Q1 24 | 18.1% | 31.7% |
每股收益（稀释后）PAYORGLD
| Q4 25 | $0.05 | $1.04 | ||
| Q3 25 | $0.04 | $1.92 | ||
| Q2 25 | $0.05 | $2.01 | ||
| Q1 25 | $0.05 | $1.72 | ||
| Q4 24 | $0.03 | $1.63 | ||
| Q3 24 | $0.11 | $1.46 | ||
| Q2 24 | $0.09 | $1.23 | ||
| Q1 24 | $0.08 | $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 | $415.5M | $233.7M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $704.4M | $7.2B |
| 总资产 | $9.0B | $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PAYORGLD
| Q4 25 | $415.5M | $233.7M | ||
| Q3 25 | $479.4M | $172.8M | ||
| Q2 25 | $497.1M | $248.2M | ||
| Q1 25 | $524.1M | $240.8M | ||
| Q4 24 | $497.5M | $195.5M | ||
| Q3 24 | $534.2M | $127.9M | ||
| Q2 24 | $575.7M | $74.2M | ||
| Q1 24 | $587.2M | $137.9M |
总债务PAYORGLD
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益PAYORGLD
| Q4 25 | $704.4M | $7.2B | ||
| Q3 25 | $750.5M | $3.4B | ||
| Q2 25 | $770.9M | $3.3B | ||
| Q1 25 | $750.7M | $3.2B | ||
| Q4 24 | $724.8M | $3.1B | ||
| Q3 24 | $727.9M | $3.0B | ||
| Q2 24 | $669.4M | $3.0B | ||
| Q1 24 | $661.5M | $2.9B |
总资产PAYORGLD
| Q4 25 | $9.0B | $9.5B | ||
| Q3 25 | $8.2B | $4.5B | ||
| Q2 25 | $8.1B | $3.6B | ||
| Q1 25 | $7.6B | $3.5B | ||
| Q4 24 | $7.9B | $3.4B | ||
| Q3 24 | $7.1B | $3.3B | ||
| Q2 24 | $6.9B | $3.3B | ||
| Q1 24 | $6.8B | $3.3B |
负债/权益比PAYORGLD
| 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 | $54.9M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $40.3M | — |
| 自由现金流率自由现金流/营收 | 18.6% | — |
| 资本支出强度资本支出/营收 | 6.7% | — |
| 现金转化率经营现金流/净利润 | 2.89× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $206.6M | — |
8季度趋势，按日历期对齐
经营现金流PAYORGLD
| Q4 25 | $54.9M | $241.7M | ||
| Q3 25 | $54.2M | $174.0M | ||
| Q2 25 | $70.7M | $152.8M | ||
| Q1 25 | $53.7M | $136.4M | ||
| Q4 24 | $45.9M | $141.1M | ||
| Q3 24 | $50.1M | $136.7M | ||
| Q2 24 | $41.4M | $113.5M | ||
| Q1 24 | $39.5M | $138.3M |
自由现金流PAYORGLD
| Q4 25 | $40.3M | — | ||
| Q3 25 | $49.2M | — | ||
| Q2 25 | $68.1M | — | ||
| Q1 25 | $49.0M | — | ||
| Q4 24 | $42.1M | — | ||
| Q3 24 | $48.5M | — | ||
| Q2 24 | $40.2M | — | ||
| Q1 24 | $37.9M | — |
自由现金流率PAYORGLD
| Q4 25 | 18.6% | — | ||
| Q3 25 | 23.5% | — | ||
| Q2 25 | 34.0% | — | ||
| Q1 25 | 26.3% | — | ||
| Q4 24 | 21.3% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 23.5% | — | ||
| Q1 24 | 23.6% | — |
资本支出强度PAYORGLD
| Q4 25 | 6.7% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 1.3% | — | ||
| Q1 25 | 2.5% | — | ||
| Q4 24 | 1.9% | — | ||
| Q3 24 | 0.9% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | 1.0% | — |
现金转化率PAYORGLD
| Q4 25 | 2.89× | 2.58× | ||
| Q3 25 | 3.84× | 1.37× | ||
| Q2 25 | 3.63× | 1.15× | ||
| Q1 25 | 2.61× | 1.20× | ||
| Q4 24 | 2.52× | 1.31× | ||
| Q3 24 | 1.21× | 1.42× | ||
| Q2 24 | 1.28× | 1.40× | ||
| Q1 24 | 1.36× | 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
PAYO
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% |
