vs
安朗杰（ALLE）与FTAI Infrastructure Inc.（FIP）财务数据对比。点击上方公司名可切换其他公司
安朗杰的季度营收约是FTAI Infrastructure Inc.的7.2倍（$1.0B vs $143.5M）。安朗杰净利率更高（14.3% vs -68.1%，领先82.4%）。FTAI Infrastructure Inc.同比增速更快（77.7% vs 9.3%）。安朗杰自由现金流更多（$200.5M vs $-68.6M）。过去两年FTAI Infrastructure Inc.的营收复合增速更高（31.9% vs 7.5%）
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
FTAI基础设施有限公司持有、运营并投资交通物流、中游能源、发电等核心领域的优质关键基础设施资产，主要面向北美市场，聚焦拥有稳定长期现金流、合同约定收入流的项目，为利益相关方创造可持续回报。
ALLE vs FIP — 直观对比
营收规模更大
ALLE
是对方的7.2倍
$143.5M
营收增速更快
FIP
高出68.4%
9.3%
净利率更高
ALLE
高出82.4%
-68.1%
自由现金流更多
ALLE
多$269.1M
$-68.6M
两年增速更快
FIP
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $143.5M |
| 净利润 | $147.5M | $-97.7M |
| 毛利率 | 44.5% | — |
| 营业利润率 | 20.3% | -45.7% |
| 净利率 | 14.3% | -68.1% |
| 营收同比 | 9.3% | 77.7% |
| 净利润同比 | 2.4% | 21.6% |
| 每股收益（稀释后） | $1.70 | $-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ALLEFIP
| Q4 25 | $1.0B | $143.5M | ||
| Q3 25 | $1.1B | $140.6M | ||
| Q2 25 | $1.0B | $122.3M | ||
| Q1 25 | $941.9M | $96.2M | ||
| Q4 24 | $945.6M | $80.8M | ||
| Q3 24 | $967.1M | $83.3M | ||
| Q2 24 | $965.6M | $84.9M | ||
| Q1 24 | $893.9M | $82.5M |
净利润ALLEFIP
| Q4 25 | $147.5M | $-97.7M | ||
| Q3 25 | $188.4M | $-104.5M | ||
| Q2 25 | $159.7M | $-70.0M | ||
| Q1 25 | $148.2M | $120.2M | ||
| Q4 24 | $144.1M | $-124.7M | ||
| Q3 24 | $174.2M | $-43.0M | ||
| Q2 24 | $155.4M | $-48.1M | ||
| Q1 24 | $123.8M | $-50.3M |
毛利率ALLEFIP
| Q4 25 | 44.5% | — | ||
| Q3 25 | 45.8% | — | ||
| Q2 25 | 45.6% | — | ||
| Q1 25 | 44.9% | — | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 44.7% | — | ||
| Q2 24 | 44.4% | — | ||
| Q1 24 | 43.8% | — |
营业利润率ALLEFIP
| Q4 25 | 20.3% | -45.7% | ||
| Q3 25 | 21.8% | -70.8% | ||
| Q2 25 | 21.5% | -56.4% | ||
| Q1 25 | 20.9% | 81.8% | ||
| Q4 24 | 19.5% | -152.7% | ||
| Q3 24 | 22.2% | -51.7% | ||
| Q2 24 | 21.6% | -56.4% | ||
| Q1 24 | 19.3% | -58.8% |
净利率ALLEFIP
| Q4 25 | 14.3% | -68.1% | ||
| Q3 25 | 17.6% | -74.4% | ||
| Q2 25 | 15.6% | -57.2% | ||
| Q1 25 | 15.7% | 125.0% | ||
| Q4 24 | 15.2% | -154.4% | ||
| Q3 24 | 18.0% | -51.6% | ||
| Q2 24 | 16.1% | -56.7% | ||
| Q1 24 | 13.8% | -60.9% |
每股收益（稀释后）ALLEFIP
| Q4 25 | $1.70 | $-1.04 | ||
| Q3 25 | $2.18 | $-1.38 | ||
| Q2 25 | $1.85 | $-0.73 | ||
| Q1 25 | $1.71 | $0.89 | ||
| Q4 24 | $1.65 | $-1.21 | ||
| Q3 24 | $1.99 | $-0.45 | ||
| Q2 24 | $1.77 | $-0.52 | ||
| Q1 24 | $1.41 | $-0.54 |
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 | $57.4M |
| 总债务越低越好 | $2.0B | $3.8B |
| 股东权益账面价值 | $2.1B | $21.3M |
| 总资产 | $5.2B | $5.7B |
| 负债/权益比越低杠杆越低 | 0.96× | 176.99× |
8季度趋势，按日历期对齐
现金及短期投资ALLEFIP
| Q4 25 | $356.2M | $57.4M | ||
| Q3 25 | $302.7M | $34.7M | ||
| Q2 25 | $656.8M | $33.6M | ||
| Q1 25 | $494.5M | $26.3M | ||
| Q4 24 | $503.8M | $27.8M | ||
| Q3 24 | $878.9M | $20.3M | ||
| Q2 24 | $747.5M | $33.1M | ||
| Q1 24 | $391.8M | $23.0M |
总债务ALLEFIP
| Q4 25 | $2.0B | $3.8B | ||
| Q3 25 | $2.1B | $3.7B | ||
| Q2 25 | $2.1B | $3.1B | ||
| Q1 25 | $2.0B | $2.8B | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.4B | $1.5B | ||
| Q2 24 | $2.4B | $1.6B | ||
| Q1 24 | $2.0B | $1.3B |
股东权益ALLEFIP
| Q4 25 | $2.1B | $21.3M | ||
| Q3 25 | $1.9B | $181.1M | ||
| Q2 25 | $1.8B | $375.5M | ||
| Q1 25 | $1.6B | $476.2M | ||
| Q4 24 | $1.5B | $202.7M | ||
| Q3 24 | $1.6B | $370.8M | ||
| Q2 24 | $1.4B | $394.8M | ||
| Q1 24 | $1.4B | $402.5M |
总资产ALLEFIP
| Q4 25 | $5.2B | $5.7B | ||
| Q3 25 | $5.2B | $5.5B | ||
| Q2 25 | $4.9B | $4.4B | ||
| Q1 25 | $4.6B | $4.1B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $5.0B | $2.4B | ||
| Q2 24 | $4.8B | $2.5B | ||
| Q1 24 | $4.3B | $2.3B |
负债/权益比ALLEFIP
| Q4 25 | 0.96× | 176.99× | ||
| Q3 25 | 1.07× | 20.59× | ||
| Q2 25 | 1.16× | 8.21× | ||
| Q1 25 | 1.24× | 5.79× | ||
| Q4 24 | 1.33× | 7.84× | ||
| Q3 24 | 1.53× | 4.14× | ||
| Q2 24 | 1.69× | 3.94× | ||
| Q1 24 | 1.49× | 3.34× |
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 | $240.1M | $-2.8M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $-68.6M |
| 自由现金流率自由现金流/营收 | 19.4% | -47.8% |
| 资本支出强度资本支出/营收 | 3.8% | 45.9% |
| 现金转化率经营现金流/净利润 | 1.63× | — |
| 过去12个月自由现金流最近4个季度 | $685.7M | $-398.5M |
8季度趋势，按日历期对齐
经营现金流ALLEFIP
| Q4 25 | $240.1M | $-2.8M | ||
| Q3 25 | $229.5M | $-24.4M | ||
| Q2 25 | $209.7M | $-5.2M | ||
| Q1 25 | $104.5M | $-85.7M | ||
| Q4 24 | $219.0M | $-8.1M | ||
| Q3 24 | $231.9M | $14.2M | ||
| Q2 24 | $173.0M | $-17.6M | ||
| Q1 24 | $51.1M | $-3.9M |
自由现金流ALLEFIP
| Q4 25 | $200.5M | $-68.6M | ||
| Q3 25 | $209.8M | $-90.7M | ||
| Q2 25 | $192.0M | $-87.5M | ||
| Q1 25 | $83.4M | $-151.7M | ||
| Q4 24 | $194.9M | $-34.3M | ||
| Q3 24 | $212.0M | $-11.7M | ||
| Q2 24 | $152.1M | $-32.1M | ||
| Q1 24 | $23.9M | $-16.7M |
自由现金流率ALLEFIP
| Q4 25 | 19.4% | -47.8% | ||
| Q3 25 | 19.6% | -64.5% | ||
| Q2 25 | 18.8% | -71.6% | ||
| Q1 25 | 8.9% | -157.7% | ||
| Q4 24 | 20.6% | -42.4% | ||
| Q3 24 | 21.9% | -14.0% | ||
| Q2 24 | 15.8% | -37.9% | ||
| Q1 24 | 2.7% | -20.3% |
资本支出强度ALLEFIP
| Q4 25 | 3.8% | 45.9% | ||
| Q3 25 | 1.8% | 47.2% | ||
| Q2 25 | 1.7% | 67.3% | ||
| Q1 25 | 2.2% | 68.6% | ||
| Q4 24 | 2.5% | 32.5% | ||
| Q3 24 | 2.1% | 31.1% | ||
| Q2 24 | 2.2% | 17.2% | ||
| Q1 24 | 3.0% | 15.6% |
现金转化率ALLEFIP
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | -0.71× | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.11× | — | ||
| Q1 24 | 0.41× | — |
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% |
FIP
| Power Revenues | $45.9M | 32% |
| Rail Revenue | $44.6M | 31% |
| Service Other | $22.8M | 16% |
| Gas Revenues | $15.3M | 11% |
| Roadside Services Revenues | $11.5M | 8% |
| Rapauno | $1.2M | 1% |
