vs
Quad/Graphics, Inc.（QUAD）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
Quad/Graphics, Inc.的季度营收约是Royalty Pharma plc的1.0倍（$630.6M vs $622.0M），Royalty Pharma plc同比增速更快（4.8% vs -11.0%），过去两年Royalty Pharma plc的营收复合增速更高（4.6% vs -1.9%）
奎德图形是一家总部位于美国威斯康星州萨塞克斯的营销服务企业，主营各类印刷与营销服务，业务覆盖受众定向、全渠道媒体策划投放、创意内容制作、零售展示包装、邮件优化及消费者分析等领域，可同时服务实体与数字媒体渠道。2025年，该企业位列美国大型广告集团、北美大型商业印刷企业之列。
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。
QUAD vs RPRX — 直观对比
营收规模更大
QUAD
是对方的1.0倍
$622.0M
营收增速更快
RPRX
高出15.8%
-11.0%
两年增速更快
RPRX
近两年复合增速
-1.9%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $630.6M | $622.0M |
| 净利润 | — | $214.2M |
| 毛利率 | 21.6% | — |
| 营业利润率 | 5.9% | 62.4% |
| 净利率 | — | 34.4% |
| 营收同比 | -11.0% | 4.8% |
| 净利润同比 | — | 2.9% |
| 每股收益（稀释后） | $0.22 | $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QUADRPRX
| Q4 25 | $630.6M | $622.0M | ||
| Q3 25 | $588.0M | $609.3M | ||
| Q2 25 | $571.9M | $578.7M | ||
| Q1 25 | $629.4M | $568.2M | ||
| Q4 24 | $708.4M | $593.6M | ||
| Q3 24 | $674.8M | $564.7M | ||
| Q2 24 | $634.2M | $537.3M | ||
| Q1 24 | $654.8M | $568.0M |
净利润QUADRPRX
| Q4 25 | — | $214.2M | ||
| Q3 25 | $10.2M | $288.2M | ||
| Q2 25 | $-100.0K | $30.2M | ||
| Q1 25 | $5.8M | $238.3M | ||
| Q4 24 | — | $208.2M | ||
| Q3 24 | $-24.7M | $544.0M | ||
| Q2 24 | $-2.8M | $102.0M | ||
| Q1 24 | $-28.1M | $4.8M |
毛利率QUADRPRX
| Q4 25 | 21.6% | — | ||
| Q3 25 | 22.8% | — | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 20.6% | — | ||
| Q4 24 | 22.4% | — | ||
| Q3 24 | 21.8% | — | ||
| Q2 24 | 22.1% | — | ||
| Q1 24 | 20.4% | — |
营业利润率QUADRPRX
| Q4 25 | 5.9% | 62.4% | ||
| Q3 25 | 4.5% | 70.1% | ||
| Q2 25 | 2.4% | 36.3% | ||
| Q1 25 | 3.1% | 94.0% | ||
| Q4 24 | 2.8% | 60.9% | ||
| Q3 24 | -0.7% | — | ||
| Q2 24 | 2.4% | 50.2% | ||
| Q1 24 | -1.6% | -13.0% |
净利率QUADRPRX
| Q4 25 | — | 34.4% | ||
| Q3 25 | 1.7% | 47.3% | ||
| Q2 25 | -0.0% | 5.2% | ||
| Q1 25 | 0.9% | 41.9% | ||
| Q4 24 | — | 35.1% | ||
| Q3 24 | -3.7% | 96.3% | ||
| Q2 24 | -0.4% | 19.0% | ||
| Q1 24 | -4.3% | 0.8% |
每股收益（稀释后）QUADRPRX
| Q4 25 | $0.22 | $0.49 | ||
| Q3 25 | $0.21 | $0.67 | ||
| Q2 25 | $0.00 | $0.07 | ||
| Q1 25 | $0.11 | $0.55 | ||
| Q4 24 | $0.11 | $0.46 | ||
| Q3 24 | $-0.52 | $1.21 | ||
| Q2 24 | $-0.06 | $0.23 | ||
| Q1 24 | $-0.60 | $0.01 |
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 | $63.3M | $618.7M |
| 总债务越低越好 | $369.9M | $9.0B |
| 股东权益账面价值 | $-59.5M | $9.7B |
| 总资产 | $1.3B | $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QUADRPRX
| Q4 25 | $63.3M | $618.7M | ||
| Q3 25 | $6.2M | $938.9M | ||
| Q2 25 | $6.7M | $631.9M | ||
| Q1 25 | $8.1M | $1.1B | ||
| Q4 24 | $29.2M | $929.0M | ||
| Q3 24 | $12.5M | $950.1M | ||
| Q2 24 | $12.8M | $1.8B | ||
| Q1 24 | $10.2M | $843.0M |
总债务QUADRPRX
| Q4 25 | $369.9M | $9.0B | ||
| Q3 25 | — | $8.9B | ||
| Q2 25 | — | $8.0B | ||
| Q1 25 | — | $7.6B | ||
| Q4 24 | $377.1M | $7.6B | ||
| Q3 24 | — | $7.6B | ||
| Q2 24 | — | $7.6B | ||
| Q1 24 | — | $6.1B |
股东权益QUADRPRX
| Q4 25 | $-59.5M | $9.7B | ||
| Q3 25 | $96.7M | $9.6B | ||
| Q2 25 | $87.0M | $9.5B | ||
| Q1 25 | $87.4M | $9.8B | ||
| Q4 24 | $-131.2M | $10.3B | ||
| Q3 24 | $50.9M | $10.3B | ||
| Q2 24 | $79.1M | $9.8B | ||
| Q1 24 | $89.2M | $9.9B |
总资产QUADRPRX
| Q4 25 | $1.3B | $19.6B | ||
| Q3 25 | $1.3B | $19.3B | ||
| Q2 25 | $1.2B | $18.3B | ||
| Q1 25 | $1.2B | $17.6B | ||
| Q4 24 | $1.3B | $18.2B | ||
| Q3 24 | $1.4B | $18.0B | ||
| Q2 24 | $1.4B | $17.7B | ||
| Q1 24 | $1.4B | $16.1B |
负债/权益比QUADRPRX
| Q4 25 | — | 0.92× | ||
| Q3 25 | — | 0.93× | ||
| Q2 25 | — | 0.84× | ||
| Q1 25 | — | 0.78× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.78× | ||
| Q1 24 | — | 0.62× |
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 | $145.9M | $827.1M |
| 自由现金流经营现金流 - 资本支出 | $137.2M | — |
| 自由现金流率自由现金流/营收 | 21.8% | — |
| 资本支出强度资本支出/营收 | 1.4% | — |
| 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 | $50.7M | — |
8季度趋势，按日历期对齐
经营现金流QUADRPRX
| Q4 25 | $145.9M | $827.1M | ||
| Q3 25 | $-8.4M | $702.6M | ||
| Q2 25 | $47.4M | $364.0M | ||
| Q1 25 | $-89.0M | $596.1M | ||
| Q4 24 | $158.8M | $742.5M | ||
| Q3 24 | $2.4M | $703.6M | ||
| Q2 24 | $3.9M | $658.2M | ||
| Q1 24 | $-52.2M | $664.6M |
自由现金流QUADRPRX
| Q4 25 | $137.2M | — | ||
| Q3 25 | $-20.6M | — | ||
| Q2 25 | $34.4M | — | ||
| Q1 25 | $-100.3M | — | ||
| Q4 24 | $147.3M | — | ||
| Q3 24 | $-9.8M | — | ||
| Q2 24 | $-11.7M | — | ||
| Q1 24 | $-70.1M | — |
自由现金流率QUADRPRX
| Q4 25 | 21.8% | — | ||
| Q3 25 | -3.5% | — | ||
| Q2 25 | 6.0% | — | ||
| Q1 25 | -15.9% | — | ||
| Q4 24 | 20.8% | — | ||
| Q3 24 | -1.5% | — | ||
| Q2 24 | -1.8% | — | ||
| Q1 24 | -10.7% | — |
资本支出强度QUADRPRX
| Q4 25 | 1.4% | — | ||
| Q3 25 | 2.1% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 1.6% | — | ||
| Q3 24 | 1.8% | — | ||
| Q2 24 | 2.5% | — | ||
| Q1 24 | 2.7% | — |
现金转化率QUADRPRX
| Q4 25 | — | 3.86× | ||
| Q3 25 | -0.82× | 2.44× | ||
| Q2 25 | — | 12.06× | ||
| Q1 25 | -15.34× | 2.50× | ||
| Q4 24 | — | 3.57× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 6.45× | ||
| Q1 24 | — | 139.10× |
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
QUAD
| Catalog Publications Retail Inserts Books And Directories | $300.6M | 48% |
| Direct Mail And Other Printed Products | $147.1M | 23% |
| Imaging Marketing Services And Other Services | $79.8M | 13% |
| Logistic Services | $61.4M | 10% |
| Other | $39.3M | 6% |
| Other Revenues | $2.4M | 0% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
