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安朗杰（ALLE）与六旗（FUN）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六旗的1.6倍（$1.0B vs $650.1M），安朗杰净利率更高（13.4% vs -14.2%，领先27.6%）
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
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
ALLE vs FUN — 直观对比
营收规模更大
ALLE
是对方的1.6倍
$650.1M
净利率更高
ALLE
高出27.6%
-14.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $650.1M |
| 净利润 | $138.1M | $-92.4M |
| 毛利率 | 44.0% | 91.4% |
| 营业利润率 | 18.9% | -3.8% |
| 净利率 | 13.4% | -14.2% |
| 营收同比 | 9.7% | — |
| 净利润同比 | -6.8% | — |
| 每股收益（稀释后） | — | $-0.93 |
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ALLEFUN
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $650.1M | ||
| Q3 25 | $1.1B | $1.3B | ||
| Q2 25 | $1.0B | $930.4M | ||
| Q1 25 | $941.9M | $202.1M | ||
| Q4 24 | $945.6M | — | ||
| Q3 24 | $967.1M | $1.3B | ||
| Q2 24 | $965.6M | $571.6M |
净利润ALLEFUN
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $-92.4M | ||
| Q3 25 | $188.4M | $-1.2B | ||
| Q2 25 | $159.7M | $-99.6M | ||
| Q1 25 | $148.2M | $-219.7M | ||
| Q4 24 | $144.1M | — | ||
| Q3 24 | $174.2M | $111.0M | ||
| Q2 24 | $155.4M | $55.6M |
毛利率ALLEFUN
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | 91.4% | ||
| Q3 25 | 45.8% | 91.6% | ||
| Q2 25 | 45.6% | 91.3% | ||
| Q1 25 | 44.9% | 89.3% | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 44.7% | 91.9% | ||
| Q2 24 | 44.4% | 90.7% |
营业利润率ALLEFUN
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | -3.8% | ||
| Q3 25 | 21.8% | -83.7% | ||
| Q2 25 | 21.5% | 8.0% | ||
| Q1 25 | 20.9% | -158.9% | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 22.2% | 19.5% | ||
| Q2 24 | 21.6% | 21.6% |
净利率ALLEFUN
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | -14.2% | ||
| Q3 25 | 17.6% | -90.1% | ||
| Q2 25 | 15.6% | -10.7% | ||
| Q1 25 | 15.7% | -108.7% | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 18.0% | 8.2% | ||
| Q2 24 | 16.1% | 9.7% |
每股收益（稀释后）ALLEFUN
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $-0.93 | ||
| Q3 25 | $2.18 | $-11.77 | ||
| Q2 25 | $1.85 | $-0.99 | ||
| Q1 25 | $1.71 | $-2.20 | ||
| Q4 24 | $1.65 | — | ||
| Q3 24 | $1.99 | $1.10 | ||
| Q2 24 | $1.77 | — |
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 | $308.9M | $91.1M |
| 总债务越低越好 | $2.0B | $5.2B |
| 股东权益账面价值 | $2.1B | $549.8M |
| 总资产 | $5.3B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.97× | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资ALLEFUN
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | $91.1M | ||
| Q3 25 | $302.7M | $70.7M | ||
| Q2 25 | $656.8M | $107.4M | ||
| Q1 25 | $494.5M | $61.5M | ||
| Q4 24 | $503.8M | — | ||
| Q3 24 | $878.9M | $89.7M | ||
| Q2 24 | $747.5M | $52.9M |
总债务ALLEFUN
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $5.2B | ||
| Q3 25 | $2.1B | $5.0B | ||
| Q2 25 | $2.1B | $5.3B | ||
| Q1 25 | $2.0B | $5.0B | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | $4.6B | ||
| Q2 24 | $2.4B | $2.3B |
股东权益ALLEFUN
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $549.8M | ||
| Q3 25 | $1.9B | $614.3M | ||
| Q2 25 | $1.8B | $1.8B | ||
| Q1 25 | $1.6B | $1.8B | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $1.6B | $2.3B | ||
| Q2 24 | $1.4B | — |
总资产ALLEFUN
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $7.8B | ||
| Q3 25 | $5.2B | $7.9B | ||
| Q2 25 | $4.9B | $9.5B | ||
| Q1 25 | $4.6B | $9.2B | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $5.0B | $9.4B | ||
| Q2 24 | $4.8B | $2.3B |
负债/权益比ALLEFUN
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | 9.40× | ||
| Q3 25 | 1.07× | 8.16× | ||
| Q2 25 | 1.16× | 2.97× | ||
| Q1 25 | 1.24× | 2.75× | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | 1.95× | ||
| Q2 24 | 1.69× | — |
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 | $101.3M | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -16.8% |
| 资本支出强度资本支出/营收 | 2.0% | 11.0% |
| 现金转化率经营现金流/净利润 | 0.73× | — |
| 过去12个月自由现金流最近4个季度 | — | $-152.2M |
8季度趋势，按日历期对齐
经营现金流ALLEFUN
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $-37.7M | ||
| Q3 25 | $229.5M | $356.2M | ||
| Q2 25 | $209.7M | $187.0M | ||
| Q1 25 | $104.5M | $-178.0M | ||
| Q4 24 | $219.0M | — | ||
| Q3 24 | $231.9M | $337.4M | ||
| Q2 24 | $173.0M | — |
自由现金流ALLEFUN
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | $-109.3M | ||
| Q3 25 | $209.8M | $256.2M | ||
| Q2 25 | $192.0M | $18.8M | ||
| Q1 25 | $83.4M | $-318.0M | ||
| Q4 24 | $194.9M | — | ||
| Q3 24 | $212.0M | $227.7M | ||
| Q2 24 | $152.1M | — |
自由现金流率ALLEFUN
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | -16.8% | ||
| Q3 25 | 19.6% | 19.4% | ||
| Q2 25 | 18.8% | 2.0% | ||
| Q1 25 | 8.9% | -157.4% | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 21.9% | 16.9% | ||
| Q2 24 | 15.8% | — |
资本支出强度ALLEFUN
| Q1 26 | 2.0% | — | ||
| Q4 25 | 3.8% | 11.0% | ||
| Q3 25 | 1.8% | 7.6% | ||
| Q2 25 | 1.7% | 18.1% | ||
| Q1 25 | 2.2% | 69.3% | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 2.1% | 8.1% | ||
| Q2 24 | 2.2% | — |
现金转化率ALLEFUN
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.33× | 3.04× | ||
| Q2 24 | 1.11× | — |
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
| Allegion Americas | $809.9M | 78% |
| Allegion International | $223.7M | 22% |
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
