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安朗杰（ALLE）与CLEAN HARBORS INC（CLH）财务数据对比。点击上方公司名可切换其他公司
CLEAN HARBORS INC的季度营收约是安朗杰的1.5倍（$1.5B vs $1.0B）。安朗杰净利率更高（14.3% vs 5.8%，领先8.5%）。安朗杰同比增速更快（9.3% vs 4.8%）。CLEAN HARBORS INC自由现金流更多（$233.3M vs $200.5M）。过去两年安朗杰的营收复合增速更高（7.5% vs 4.4%）
安朗杰是全球知名的安防产品及解决方案供应商，面向全球生产销售机械与电子类安防产品，包括闭门器、出入口控制设备、锁具、电子门禁系统、考勤与人员效能管理系统、门体系统及相关配件，服务商业、公共机构、住宅等多领域终端用户
总部位于美国马萨诸塞州诺韦尔的Clean Harbors是专业的商业客户废弃物管理与工业服务提供商，主营危险废弃物的收集、运输、处理及处置业务，同时提供非危险废弃物相关服务，目前在美加两国拥有870个运营网点，及包含焚烧厂、填埋场在内的100余座废弃物处置设施。
ALLE vs CLH — 直观对比
营收规模更大
CLH
是对方的1.5倍
$1.0B
营收增速更快
ALLE
高出4.5%
4.8%
净利率更高
ALLE
高出8.5%
5.8%
自由现金流更多
CLH
多$32.8M
$200.5M
两年增速更快
ALLE
近两年复合增速
4.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.5B |
| 净利润 | $147.5M | $86.6M |
| 毛利率 | 44.5% | 30.6% |
| 营业利润率 | 20.3% | 10.6% |
| 净利率 | 14.3% | 5.8% |
| 营收同比 | 9.3% | 4.8% |
| 净利润同比 | 2.4% | 3.1% |
| 每股收益（稀释后） | $1.70 | $1.62 |
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ALLECLH
| Q4 25 | $1.0B | $1.5B | ||
| Q3 25 | $1.1B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $941.9M | $1.4B | ||
| Q4 24 | $945.6M | $1.4B | ||
| Q3 24 | $967.1M | $1.5B | ||
| Q2 24 | $965.6M | $1.6B | ||
| Q1 24 | $893.9M | $1.4B |
净利润ALLECLH
| Q4 25 | $147.5M | $86.6M | ||
| Q3 25 | $188.4M | $118.8M | ||
| Q2 25 | $159.7M | $126.9M | ||
| Q1 25 | $148.2M | $58.7M | ||
| Q4 24 | $144.1M | $84.0M | ||
| Q3 24 | $174.2M | $115.2M | ||
| Q2 24 | $155.4M | $133.3M | ||
| Q1 24 | $123.8M | $69.8M |
毛利率ALLECLH
| Q4 25 | 44.5% | 30.6% | ||
| Q3 25 | 45.8% | 32.3% | ||
| Q2 25 | 45.6% | 33.3% | ||
| Q1 25 | 44.9% | 28.6% | ||
| Q4 24 | 44.1% | 29.9% | ||
| Q3 24 | 44.7% | 31.0% | ||
| Q2 24 | 44.4% | 33.3% | ||
| Q1 24 | 43.8% | 29.5% |
营业利润率ALLECLH
| Q4 25 | 20.3% | 10.6% | ||
| Q3 25 | 21.8% | 12.5% | ||
| Q2 25 | 21.5% | 13.6% | ||
| Q1 25 | 20.9% | 7.8% | ||
| Q4 24 | 19.5% | 9.6% | ||
| Q3 24 | 22.2% | 12.6% | ||
| Q2 24 | 21.6% | 13.9% | ||
| Q1 24 | 19.3% | 9.1% |
净利率ALLECLH
| Q4 25 | 14.3% | 5.8% | ||
| Q3 25 | 17.6% | 7.7% | ||
| Q2 25 | 15.6% | 8.2% | ||
| Q1 25 | 15.7% | 4.1% | ||
| Q4 24 | 15.2% | 5.9% | ||
| Q3 24 | 18.0% | 7.5% | ||
| Q2 24 | 16.1% | 8.6% | ||
| Q1 24 | 13.8% | 5.1% |
每股收益（稀释后）ALLECLH
| Q4 25 | $1.70 | $1.62 | ||
| Q3 25 | $2.18 | $2.21 | ||
| Q2 25 | $1.85 | $2.36 | ||
| Q1 25 | $1.71 | $1.09 | ||
| Q4 24 | $1.65 | $1.55 | ||
| Q3 24 | $1.99 | $2.12 | ||
| Q2 24 | $1.77 | $2.46 | ||
| Q1 24 | $1.41 | $1.29 |
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 | $356.2M | $127.4M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.1B | $2.7B |
| 总资产 | $5.2B | $7.6B |
| 负债/权益比越低杠杆越低 | 0.96× | — |
8季度趋势，按日历期对齐
现金及短期投资ALLECLH
| Q4 25 | $356.2M | $127.4M | ||
| Q3 25 | $302.7M | $91.2M | ||
| Q2 25 | $656.8M | $98.9M | ||
| Q1 25 | $494.5M | $105.9M | ||
| Q4 24 | $503.8M | $102.6M | ||
| Q3 24 | $878.9M | $82.4M | ||
| Q2 24 | $747.5M | $91.3M | ||
| Q1 24 | $391.8M | $104.8M |
总债务ALLECLH
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.0B | — |
股东权益ALLECLH
| Q4 25 | $2.1B | $2.7B | ||
| Q3 25 | $1.9B | $2.8B | ||
| Q2 25 | $1.8B | $2.7B | ||
| Q1 25 | $1.6B | $2.6B | ||
| Q4 24 | $1.5B | $2.6B | ||
| Q3 24 | $1.6B | $2.5B | ||
| Q2 24 | $1.4B | $2.4B | ||
| Q1 24 | $1.4B | $2.3B |
总资产ALLECLH
| Q4 25 | $5.2B | $7.6B | ||
| Q3 25 | $5.2B | $7.5B | ||
| Q2 25 | $4.9B | $7.4B | ||
| Q1 25 | $4.6B | $7.2B | ||
| Q4 24 | $4.5B | $7.4B | ||
| Q3 24 | $5.0B | $7.3B | ||
| Q2 24 | $4.8B | $7.1B | ||
| Q1 24 | $4.3B | $6.9B |
负债/权益比ALLECLH
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | — | ||
| Q2 24 | 1.69× | — | ||
| Q1 24 | 1.49× | — |
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 | $240.1M | $355.1M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $233.3M |
| 自由现金流率自由现金流/营收 | 19.4% | 15.6% |
| 资本支出强度资本支出/营收 | 3.8% | 8.1% |
| 现金转化率经营现金流/净利润 | 1.63× | 4.10× |
| 过去12个月自由现金流最近4个季度 | $685.7M | $441.8M |
8季度趋势，按日历期对齐
经营现金流ALLECLH
| Q4 25 | $240.1M | $355.1M | ||
| Q3 25 | $229.5M | $302.0M | ||
| Q2 25 | $209.7M | $208.0M | ||
| Q1 25 | $104.5M | $1.6M | ||
| Q4 24 | $219.0M | $303.9M | ||
| Q3 24 | $231.9M | $239.2M | ||
| Q2 24 | $173.0M | $216.0M | ||
| Q1 24 | $51.1M | $18.5M |
自由现金流ALLECLH
| Q4 25 | $200.5M | $233.3M | ||
| Q3 25 | $209.8M | $207.5M | ||
| Q2 25 | $192.0M | $118.0M | ||
| Q1 25 | $83.4M | $-117.1M | ||
| Q4 24 | $194.9M | $241.5M | ||
| Q3 24 | $212.0M | $142.4M | ||
| Q2 24 | $152.1M | $80.9M | ||
| Q1 24 | $23.9M | $-119.4M |
自由现金流率ALLECLH
| Q4 25 | 19.4% | 15.6% | ||
| Q3 25 | 19.6% | 13.4% | ||
| Q2 25 | 18.8% | 7.6% | ||
| Q1 25 | 8.9% | -8.2% | ||
| Q4 24 | 20.6% | 16.9% | ||
| Q3 24 | 21.9% | 9.3% | ||
| Q2 24 | 15.8% | 5.2% | ||
| Q1 24 | 2.7% | -8.7% |
资本支出强度ALLECLH
| Q4 25 | 3.8% | 8.1% | ||
| Q3 25 | 1.8% | 6.1% | ||
| Q2 25 | 1.7% | 5.8% | ||
| Q1 25 | 2.2% | 8.3% | ||
| Q4 24 | 2.5% | 4.4% | ||
| Q3 24 | 2.1% | 6.3% | ||
| Q2 24 | 2.2% | 8.7% | ||
| Q1 24 | 3.0% | 10.0% |
现金转化率ALLECLH
| Q4 25 | 1.63× | 4.10× | ||
| Q3 25 | 1.22× | 2.54× | ||
| Q2 25 | 1.31× | 1.64× | ||
| Q1 25 | 0.71× | 0.03× | ||
| Q4 24 | 1.52× | 3.62× | ||
| Q3 24 | 1.33× | 2.08× | ||
| Q2 24 | 1.11× | 1.62× | ||
| Q1 24 | 0.41× | 0.27× |
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
ALLE
| Products | $750.2M | 73% |
| Allegion International | $237.7M | 23% |
| Services | $45.2M | 4% |
CLH
| Technical Services | $479.3M | 32% |
| Safetly Kleen Environmental Services | $252.9M | 17% |
| Fieldand Emergency Response | $246.6M | 16% |
| Products | $205.3M | 14% |
| Safety Kleen Sustainability Solutions Segment | $188.4M | 13% |
| Safety Kleen Oil | $132.6M | 9% |
