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PROGRESS SOFTWARE CORP（PRGS）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PROGRESS SOFTWARE CORP的1.5倍（$375.3M vs $252.7M），ROYAL GOLD INC净利率更高（24.9% vs 10.2%，领先14.8%），ROYAL GOLD INC同比增速更快（85.3% vs 17.5%），过去两年ROYAL GOLD INC的营收复合增速更高（58.8% vs 17.0%）
Progress Software是全球领先的企业级软件服务商，主营应用开发平台、数据连接工具、数字体验解决方案等产品，服务覆盖金融、医疗、制造、零售等多行业的全球企业客户，助力客户搭建高性能可扩展的业务应用，提升运营效率。
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。
PRGS vs RGLD — 直观对比
营收规模更大
RGLD
是对方的1.5倍
$252.7M
营收增速更快
RGLD
高出67.7%
17.5%
净利率更高
RGLD
高出14.8%
10.2%
两年增速更快
RGLD
近两年复合增速
17.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $252.7M | $375.3M |
| 净利润 | $25.7M | $93.6M |
| 毛利率 | 81.6% | 64.6% |
| 营业利润率 | 15.2% | 56.2% |
| 净利率 | 10.2% | 24.9% |
| 营收同比 | 17.5% | 85.3% |
| 净利润同比 | 2144.6% | -12.8% |
| 每股收益（稀释后） | $0.59 | $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PRGSRGLD
| Q4 25 | $252.7M | $375.3M | ||
| Q3 25 | $249.8M | $252.1M | ||
| Q2 25 | $237.4M | $209.6M | ||
| Q1 25 | $238.0M | $193.4M | ||
| Q4 24 | $215.0M | $202.6M | ||
| Q3 24 | $178.7M | $193.8M | ||
| Q2 24 | $175.1M | $174.1M | ||
| Q1 24 | $184.7M | $148.9M |
净利润PRGSRGLD
| Q4 25 | $25.7M | $93.6M | ||
| Q3 25 | $19.4M | $126.8M | ||
| Q2 25 | $17.0M | $132.3M | ||
| Q1 25 | $10.9M | $113.5M | ||
| Q4 24 | $1.1M | $107.4M | ||
| Q3 24 | $28.5M | $96.2M | ||
| Q2 24 | $16.2M | $81.2M | ||
| Q1 24 | $22.6M | $47.2M |
毛利率PRGSRGLD
| Q4 25 | 81.6% | 64.6% | ||
| Q3 25 | 81.0% | 73.6% | ||
| Q2 25 | 80.1% | 72.6% | ||
| Q1 25 | 80.6% | 69.4% | ||
| Q4 24 | 83.0% | 70.3% | ||
| Q3 24 | 83.7% | 66.6% | ||
| Q2 24 | 81.7% | 64.7% | ||
| Q1 24 | 82.2% | 58.4% |
营业利润率PRGSRGLD
| Q4 25 | 15.2% | 56.2% | ||
| Q3 25 | 17.6% | 64.4% | ||
| Q2 25 | 16.3% | 67.7% | ||
| Q1 25 | 13.6% | 63.6% | ||
| Q4 24 | 10.0% | 65.9% | ||
| Q3 24 | 22.6% | 61.3% | ||
| Q2 24 | 15.5% | 58.6% | ||
| Q1 24 | 19.0% | 50.7% |
净利率PRGSRGLD
| Q4 25 | 10.2% | 24.9% | ||
| Q3 25 | 7.8% | 50.3% | ||
| Q2 25 | 7.2% | 63.1% | ||
| Q1 25 | 4.6% | 58.7% | ||
| Q4 24 | 0.5% | 53.0% | ||
| Q3 24 | 15.9% | 49.7% | ||
| Q2 24 | 9.2% | 46.6% | ||
| Q1 24 | 12.3% | 31.7% |
每股收益（稀释后）PRGSRGLD
| Q4 25 | $0.59 | $1.04 | ||
| Q3 25 | $0.44 | $1.92 | ||
| Q2 25 | $0.39 | $2.01 | ||
| Q1 25 | $0.24 | $1.72 | ||
| Q4 24 | $0.01 | $1.63 | ||
| Q3 24 | $0.65 | $1.46 | ||
| Q2 24 | $0.37 | $1.23 | ||
| Q1 24 | $0.51 | $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 | $94.8M | $233.7M |
| 总债务越低越好 | $1.4B | — |
| 股东权益账面价值 | $478.3M | $7.2B |
| 总资产 | $2.5B | $9.5B |
| 负债/权益比越低杠杆越低 | 2.93× | — |
8季度趋势，按日历期对齐
现金及短期投资PRGSRGLD
| Q4 25 | $94.8M | $233.7M | ||
| Q3 25 | $99.0M | $172.8M | ||
| Q2 25 | $102.0M | $248.2M | ||
| Q1 25 | $124.2M | $240.8M | ||
| Q4 24 | $118.1M | $195.5M | ||
| Q3 24 | $232.7M | $127.9M | ||
| Q2 24 | $190.4M | $74.2M | ||
| Q1 24 | $133.2M | $137.9M |
总债务PRGSRGLD
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.4B | — | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.5B | — | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $50.0M | ||
| Q1 24 | — | — |
股东权益PRGSRGLD
| Q4 25 | $478.3M | $7.2B | ||
| Q3 25 | $477.7M | $3.4B | ||
| Q2 25 | $452.7M | $3.3B | ||
| Q1 25 | $431.8M | $3.2B | ||
| Q4 24 | $438.8M | $3.1B | ||
| Q3 24 | $425.6M | $3.0B | ||
| Q2 24 | $401.7M | $3.0B | ||
| Q1 24 | $461.7M | $2.9B |
总资产PRGSRGLD
| Q4 25 | $2.5B | $9.5B | ||
| Q3 25 | $2.4B | $4.5B | ||
| Q2 25 | $2.4B | $3.6B | ||
| Q1 25 | $2.5B | $3.5B | ||
| Q4 24 | $2.5B | $3.4B | ||
| Q3 24 | $1.6B | $3.3B | ||
| Q2 24 | $1.6B | $3.3B | ||
| Q1 24 | $1.5B | $3.3B |
负债/权益比PRGSRGLD
| Q4 25 | 2.93× | — | ||
| Q3 25 | 2.97× | — | ||
| Q2 25 | 3.22× | — | ||
| Q1 25 | 3.50× | — | ||
| Q4 24 | 3.48× | — | ||
| 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 | $62.8M | $241.7M |
| 自由现金流经营现金流 - 资本支出 | $59.9M | — |
| 自由现金流率自由现金流/营收 | 23.7% | — |
| 资本支出强度资本支出/营收 | 1.1% | — |
| 现金转化率经营现金流/净利润 | 2.44× | 2.58× |
| 过去12个月自由现金流最近4个季度 | $229.5M | — |
8季度趋势，按日历期对齐
经营现金流PRGSRGLD
| Q4 25 | $62.8M | $241.7M | ||
| Q3 25 | $73.4M | $174.0M | ||
| Q2 25 | $30.0M | $152.8M | ||
| Q1 25 | $68.9M | $136.4M | ||
| Q4 24 | $19.7M | $141.1M | ||
| Q3 24 | $57.7M | $136.7M | ||
| Q2 24 | $63.7M | $113.5M | ||
| Q1 24 | $70.5M | $138.3M |
自由现金流PRGSRGLD
| Q4 25 | $59.9M | — | ||
| Q3 25 | $72.4M | — | ||
| Q2 25 | $29.5M | — | ||
| Q1 25 | $67.7M | — | ||
| Q4 24 | $16.8M | — | ||
| Q3 24 | $56.6M | — | ||
| Q2 24 | $62.7M | — | ||
| Q1 24 | $70.2M | — |
自由现金流率PRGSRGLD
| Q4 25 | 23.7% | — | ||
| Q3 25 | 29.0% | — | ||
| Q2 25 | 12.4% | — | ||
| Q1 25 | 28.4% | — | ||
| Q4 24 | 7.8% | — | ||
| Q3 24 | 31.7% | — | ||
| Q2 24 | 35.8% | — | ||
| Q1 24 | 38.0% | — |
资本支出强度PRGSRGLD
| Q4 25 | 1.1% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 0.6% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.2% | — |
现金转化率PRGSRGLD
| Q4 25 | 2.44× | 2.58× | ||
| Q3 25 | 3.78× | 1.37× | ||
| Q2 25 | 1.76× | 1.15× | ||
| Q1 25 | 6.30× | 1.20× | ||
| Q4 24 | 17.13× | 1.31× | ||
| Q3 24 | 2.03× | 1.42× | ||
| Q2 24 | 3.93× | 1.40× | ||
| Q1 24 | 3.11× | 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
PRGS
| Maintenanceand Services | $187.5M | 74% |
| Share File Acquisition | $67.5M | 27% |
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% |
