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安朗杰（ALLE）与CNH Industrial N.V.（CNH）财务数据对比。点击上方公司名可切换其他公司
CNH Industrial N.V.的季度营收约是安朗杰的4.3倍（$4.5B vs $1.0B）。安朗杰净利率更高（14.3% vs 1.9%，领先12.3%）。安朗杰同比增速更快（9.3% vs 7.8%）。过去两年安朗杰的营收复合增速更高（7.5% vs 3.8%）
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
CNH Industrial是意美跨国企业，全球总部位于英国巴西尔登，由跨国投资公司Exor控股，实际控制方为阿涅利家族。公司核心业务涵盖农业机械、工程设备的设计、生产及销售，覆盖全球所有主要市场，目前正重点拓展高增长市场的业务布局。
ALLE vs CNH — 直观对比
营收规模更大
CNH
是对方的4.3倍
$1.0B
营收增速更快
ALLE
高出1.5%
7.8%
净利率更高
ALLE
高出12.3%
1.9%
两年增速更快
ALLE
近两年复合增速
3.8%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $4.5B |
| 净利润 | $147.5M | $86.0M |
| 毛利率 | 44.5% | 18.4% |
| 营业利润率 | 20.3% | 3.0% |
| 净利率 | 14.3% | 1.9% |
| 营收同比 | 9.3% | 7.8% |
| 净利润同比 | 2.4% | -18.9% |
| 每股收益（稀释后） | $1.70 | $0.08 |
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ALLECNH
| Q4 25 | $1.0B | $4.5B | ||
| Q3 25 | $1.1B | $3.7B | ||
| Q2 25 | $1.0B | $4.0B | ||
| Q1 25 | $941.9M | $3.2B | ||
| Q4 24 | $945.6M | $4.1B | ||
| Q3 24 | $967.1M | $4.0B | ||
| Q2 24 | $965.6M | $4.8B | ||
| Q1 24 | $893.9M | $4.1B |
净利润ALLECNH
| Q4 25 | $147.5M | $86.0M | ||
| Q3 25 | $188.4M | $80.0M | ||
| Q2 25 | $159.7M | $213.0M | ||
| Q1 25 | $148.2M | $131.0M | ||
| Q4 24 | $144.1M | $106.0M | ||
| Q3 24 | $174.2M | $306.0M | ||
| Q2 24 | $155.4M | $433.0M | ||
| Q1 24 | $123.8M | $401.0M |
毛利率ALLECNH
| Q4 25 | 44.5% | 18.4% | ||
| Q3 25 | 45.8% | 19.1% | ||
| Q2 25 | 45.6% | 20.6% | ||
| Q1 25 | 44.9% | 19.0% | ||
| Q4 24 | 44.1% | 19.5% | ||
| Q3 24 | 44.7% | 21.7% | ||
| Q2 24 | 44.4% | 22.9% | ||
| Q1 24 | 43.8% | 22.7% |
营业利润率ALLECNH
| Q4 25 | 20.3% | 3.0% | ||
| Q3 25 | 21.8% | 1.4% | ||
| Q2 25 | 21.5% | 6.8% | ||
| Q1 25 | 20.9% | 5.1% | ||
| Q4 24 | 19.5% | 5.8% | ||
| Q3 24 | 22.2% | 9.6% | ||
| Q2 24 | 21.6% | 11.1% | ||
| Q1 24 | 19.3% | 11.6% |
净利率ALLECNH
| Q4 25 | 14.3% | 1.9% | ||
| Q3 25 | 17.6% | 2.2% | ||
| Q2 25 | 15.6% | 5.3% | ||
| Q1 25 | 15.7% | 4.1% | ||
| Q4 24 | 15.2% | 2.6% | ||
| Q3 24 | 18.0% | 7.7% | ||
| Q2 24 | 16.1% | 9.0% | ||
| Q1 24 | 13.8% | 9.7% |
每股收益（稀释后）ALLECNH
| Q4 25 | $1.70 | $0.08 | ||
| Q3 25 | $2.18 | $0.06 | ||
| Q2 25 | $1.85 | $0.17 | ||
| Q1 25 | $1.71 | $0.10 | ||
| Q4 24 | $1.65 | $0.10 | ||
| Q3 24 | $1.99 | $0.24 | ||
| Q2 24 | $1.77 | $0.34 | ||
| Q1 24 | $1.41 | $0.31 |
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 | $2.6B |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.1B | $7.8B |
| 总资产 | $5.2B | $42.7B |
| 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ALLECNH
| Q4 25 | $356.2M | $2.6B | ||
| Q3 25 | $302.7M | $2.3B | ||
| Q2 25 | $656.8M | $2.5B | ||
| Q1 25 | $494.5M | $1.7B | ||
| Q4 24 | $503.8M | $3.2B | ||
| Q3 24 | $878.9M | $1.8B | ||
| Q2 24 | $747.5M | $2.0B | ||
| Q1 24 | $391.8M | $3.2B |
总债务ALLECNH
| 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ALLECNH
| Q4 25 | $2.1B | $7.8B | ||
| Q3 25 | $1.9B | $7.8B | ||
| Q2 25 | $1.8B | $7.8B | ||
| Q1 25 | $1.6B | $7.9B | ||
| Q4 24 | $1.5B | $7.7B | ||
| Q3 24 | $1.6B | $7.7B | ||
| Q2 24 | $1.4B | $7.6B | ||
| Q1 24 | $1.4B | $8.0B |
总资产ALLECNH
| Q4 25 | $5.2B | $42.7B | ||
| Q3 25 | $5.2B | $43.3B | ||
| Q2 25 | $4.9B | $43.7B | ||
| Q1 25 | $4.6B | $42.1B | ||
| Q4 24 | $4.5B | $42.9B | ||
| Q3 24 | $5.0B | $44.0B | ||
| Q2 24 | $4.8B | $44.0B | ||
| Q1 24 | $4.3B | $45.7B |
负债/权益比ALLECNH
| 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 | $945.0M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | — |
| 自由现金流率自由现金流/营收 | 19.4% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 现金转化率经营现金流/净利润 | 1.63× | 10.99× |
| 过去12个月自由现金流最近4个季度 | $685.7M | — |
8季度趋势，按日历期对齐
经营现金流ALLECNH
| Q4 25 | $240.1M | $945.0M | ||
| Q3 25 | $229.5M | $659.0M | ||
| Q2 25 | $209.7M | $772.0M | ||
| Q1 25 | $104.5M | $162.0M | ||
| Q4 24 | $219.0M | $1.7B | ||
| Q3 24 | $231.9M | $791.0M | ||
| Q2 24 | $173.0M | $379.0M | ||
| Q1 24 | $51.1M | $-894.0M |
自由现金流ALLECNH
| Q4 25 | $200.5M | — | ||
| Q3 25 | $209.8M | — | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $83.4M | — | ||
| Q4 24 | $194.9M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $152.1M | — | ||
| Q1 24 | $23.9M | — |
自由现金流率ALLECNH
| Q4 25 | 19.4% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 18.8% | — | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 21.9% | — | ||
| Q2 24 | 15.8% | — | ||
| Q1 24 | 2.7% | — |
资本支出强度ALLECNH
| Q4 25 | 3.8% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 3.0% | — |
现金转化率ALLECNH
| Q4 25 | 1.63× | 10.99× | ||
| Q3 25 | 1.22× | 8.24× | ||
| Q2 25 | 1.31× | 3.62× | ||
| Q1 25 | 0.71× | 1.24× | ||
| Q4 24 | 1.52× | 15.96× | ||
| Q3 24 | 1.33× | 2.58× | ||
| Q2 24 | 1.11× | 0.88× | ||
| Q1 24 | 0.41× | -2.23× |
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% |
CNH
| Agricultural Equipment Segment | $3.6B | 81% |
| Construction Equipment Segment | $853.0M | 19% |
| Services | $18.0M | 0% |
