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Alliance Laundry Holdings Inc.（ALH）与TENNANT CO（TNC）财务数据对比。点击上方公司名可切换其他公司
Alliance Laundry Holdings Inc.的季度营收约是TENNANT CO的1.5倍（$437.6M vs $291.6M）。Alliance Laundry Holdings Inc.净利率更高（7.5% vs -1.5%，领先9.0%）。Alliance Laundry Holdings Inc.同比增速更快（13.9% vs -11.3%）。Alliance Laundry Holdings Inc.自由现金流更多（$87.0M vs $9.7M）
联合洗衣控股有限公司是美国商业洗衣系统供应商，旗下拥有Speed Queen、Primus等多个知名品牌，专注于商用及工业洗衣设备的设计、生产与销售，产品覆盖洗衣机、滚筒烘干机、熨烫机等，服务于投币洗衣点、多住户住宅洗衣房、机构洗衣设施及家用洗衣场景，业务遍及全球100多个国家和地区。
天纳公司（Tennant Company）是一家清洁产品供应商，拥有约4000名员工，其股票在纽约证券交易所挂牌上市，专注为各类商业及工业场景提供专业清洁相关产品与解决方案。
ALH vs TNC — 直观对比
营收规模更大
ALH
是对方的1.5倍
$291.6M
营收增速更快
ALH
高出25.2%
-11.3%
净利率更高
ALH
高出9.0%
-1.5%
自由现金流更多
ALH
多$77.3M
$9.7M
损益表 — Q3 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $437.6M | $291.6M |
| 净利润 | $32.9M | $-4.4M |
| 毛利率 | 37.0% | 34.6% |
| 营业利润率 | 19.5% | -1.4% |
| 净利率 | 7.5% | -1.5% |
| 营收同比 | 13.9% | -11.3% |
| 净利润同比 | 620.3% | -166.7% |
| 每股收益（稀释后） | $0.19 | $-0.21 |
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ALHTNC
| Q4 25 | — | $291.6M | ||
| Q3 25 | $437.6M | $303.3M | ||
| Q2 25 | — | $318.6M | ||
| Q1 25 | — | $290.0M | ||
| Q4 24 | — | $328.9M | ||
| Q3 24 | $384.3M | $315.8M | ||
| Q2 24 | — | $331.0M | ||
| Q1 24 | — | $311.0M |
净利润ALHTNC
| Q4 25 | — | $-4.4M | ||
| Q3 25 | $32.9M | $14.9M | ||
| Q2 25 | — | $20.2M | ||
| Q1 25 | — | $13.1M | ||
| Q4 24 | — | $6.6M | ||
| Q3 24 | $-6.3M | $20.8M | ||
| Q2 24 | — | $27.9M | ||
| Q1 24 | — | $28.4M |
毛利率ALHTNC
| Q4 25 | — | 34.6% | ||
| Q3 25 | 37.0% | 42.7% | ||
| Q2 25 | — | 42.1% | ||
| Q1 25 | — | 41.4% | ||
| Q4 24 | — | 41.3% | ||
| Q3 24 | 37.2% | 42.4% | ||
| Q2 24 | — | 43.1% | ||
| Q1 24 | — | 44.2% |
营业利润率ALHTNC
| Q4 25 | — | -1.4% | ||
| Q3 25 | 19.5% | 7.4% | ||
| Q2 25 | — | 9.6% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | 18.7% | 9.7% | ||
| Q2 24 | — | 11.7% | ||
| Q1 24 | — | 12.1% |
净利率ALHTNC
| Q4 25 | — | -1.5% | ||
| Q3 25 | 7.5% | 4.9% | ||
| Q2 25 | — | 6.3% | ||
| Q1 25 | — | 4.5% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | -1.6% | 6.6% | ||
| Q2 24 | — | 8.4% | ||
| Q1 24 | — | 9.1% |
每股收益（稀释后）ALHTNC
| Q4 25 | — | $-0.21 | ||
| Q3 25 | $0.19 | $0.80 | ||
| Q2 25 | — | $1.08 | ||
| Q1 25 | — | $0.69 | ||
| Q4 24 | — | $0.35 | ||
| Q3 24 | $-0.04 | $1.09 | ||
| Q2 24 | — | $1.45 | ||
| Q1 24 | — | $1.49 |
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 | $136.2M | — |
| 总债务越低越好 | — | $273.2M |
| 股东权益账面价值 | $-136.4M | $601.6M |
| 总资产 | $2.9B | $1.3B |
| 负债/权益比越低杠杆越低 | — | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资ALHTNC
| Q4 25 | — | — | ||
| Q3 25 | $136.2M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $128.4M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务ALHTNC
| Q4 25 | — | $273.2M | ||
| Q3 25 | — | $238.3M | ||
| Q2 25 | — | $213.4M | ||
| Q1 25 | — | $213.3M | ||
| Q4 24 | — | $198.2M | ||
| Q3 24 | — | $208.6M | ||
| Q2 24 | — | $205.6M | ||
| Q1 24 | — | $207.4M |
股东权益ALHTNC
| Q4 25 | — | $601.6M | ||
| Q3 25 | $-136.4M | $640.9M | ||
| Q2 25 | — | $651.9M | ||
| Q1 25 | — | $624.4M | ||
| Q4 24 | — | $620.8M | ||
| Q3 24 | $-284.6M | $647.2M | ||
| Q2 24 | — | $624.6M | ||
| Q1 24 | — | $614.6M |
总资产ALHTNC
| Q4 25 | — | $1.3B | ||
| Q3 25 | $2.9B | $1.3B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
负债/权益比ALHTNC
| Q4 25 | — | 0.45× | ||
| Q3 25 | — | 0.37× | ||
| Q2 25 | — | 0.33× | ||
| Q1 25 | — | 0.34× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.33× | ||
| Q1 24 | — | 0.34× |
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 | $116.8M | $14.2M |
| 自由现金流经营现金流 - 资本支出 | $87.0M | $9.7M |
| 自由现金流率自由现金流/营收 | 19.9% | 3.3% |
| 资本支出强度资本支出/营收 | 6.8% | 1.5% |
| 现金转化率经营现金流/净利润 | 3.55× | — |
| 过去12个月自由现金流最近4个季度 | — | $43.3M |
8季度趋势，按日历期对齐
经营现金流ALHTNC
| Q4 25 | — | $14.2M | ||
| Q3 25 | $116.8M | $28.7M | ||
| Q2 25 | — | $22.5M | ||
| Q1 25 | — | $-400.0K | ||
| Q4 24 | — | $37.5M | ||
| Q3 24 | — | $30.7M | ||
| Q2 24 | — | $18.6M | ||
| Q1 24 | — | $2.9M |
自由现金流ALHTNC
| Q4 25 | — | $9.7M | ||
| Q3 25 | $87.0M | $22.3M | ||
| Q2 25 | — | $18.7M | ||
| Q1 25 | — | $-7.4M | ||
| Q4 24 | — | $28.1M | ||
| Q3 24 | — | $26.4M | ||
| Q2 24 | — | $14.4M | ||
| Q1 24 | — | $-100.0K |
自由现金流率ALHTNC
| Q4 25 | — | 3.3% | ||
| Q3 25 | 19.9% | 7.4% | ||
| Q2 25 | — | 5.9% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | — | 8.5% | ||
| Q3 24 | — | 8.4% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | -0.0% |
资本支出强度ALHTNC
| Q4 25 | — | 1.5% | ||
| Q3 25 | 6.8% | 2.1% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 2.4% | ||
| Q4 24 | — | 2.9% | ||
| Q3 24 | — | 1.4% | ||
| Q2 24 | — | 1.3% | ||
| Q1 24 | — | 1.0% |
现金转化率ALHTNC
| Q4 25 | — | — | ||
| Q3 25 | 3.55× | 1.93× | ||
| Q2 25 | — | 1.11× | ||
| Q1 25 | — | -0.03× | ||
| Q4 24 | — | 5.68× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 0.67× | ||
| Q1 24 | — | 0.10× |
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
ALH
| Equipment Product Or Service | $275.7M | 63% |
| Other | $106.8M | 24% |
| Service Parts | $33.1M | 8% |
| Equipment Financing | $12.6M | 3% |
TNC
| Equipment Sales | $165.5M | 57% |
| Parts And Consumables | $69.1M | 24% |
| Service And Other | $57.0M | 20% |
