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安朗杰（ALLE）与Liberty Global Ltd.（LBTYA）财务数据对比。点击上方公司名可切换其他公司
Liberty Global Ltd.的季度营收约是安朗杰的2.3倍（$2.4B vs $1.0B），Liberty Global Ltd.净利率更高（15.0% vs 13.4%，领先1.6%），安朗杰同比增速更快（9.7% vs -3.6%），过去两年Liberty Global Ltd.的营收复合增速更高（12.9% vs 3.5%）
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
自由全球有限公司是一家英荷美合资的跨国电信企业，注册地位于百慕大，在伦敦、阿姆斯特丹和丹佛均设有总部。公司旗下拥有英国自由全球控股有限公司、荷兰自由全球有限公司及美国自由全球公司三大主体，其中英国主体为上市实体。企业由自由媒体国际业务部与UnitedGlobalCom于2005年合并成立，在全球电信服务领域拥有深厚的行业积累。
ALLE vs LBTYA — 直观对比
营收规模更大
LBTYA
是对方的2.3倍
$1.0B
营收增速更快
ALLE
高出13.4%
-3.6%
净利率更高
LBTYA
高出1.6%
13.4%
两年增速更快
LBTYA
近两年复合增速
3.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $2.4B |
| 净利润 | $138.1M | $358.2M |
| 毛利率 | 44.0% | — |
| 营业利润率 | 18.9% | 1.0% |
| 净利率 | 13.4% | 15.0% |
| 营收同比 | 9.7% | -3.6% |
| 净利润同比 | -6.8% | 127.1% |
| 每股收益（稀释后） | — | — |
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ALLELBTYA
| Q1 26 | $1.0B | $2.4B | ||
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.0B | $1.3B | ||
| Q1 25 | $941.9M | $1.2B | ||
| Q4 24 | $945.6M | $-1.4B | ||
| Q3 24 | $967.1M | $1.9B | ||
| Q2 24 | $965.6M | $1.9B |
净利润ALLELBTYA
| Q1 26 | $138.1M | $358.2M | ||
| Q4 25 | $147.5M | $-2.9B | ||
| Q3 25 | $188.4M | $-90.7M | ||
| Q2 25 | $159.7M | $-2.8B | ||
| Q1 25 | $148.2M | $-1.3B | ||
| Q4 24 | $144.1M | $2.2B | ||
| Q3 24 | $174.2M | $-1.4B | ||
| Q2 24 | $155.4M | $268.1M |
毛利率ALLELBTYA
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | 66.8% | ||
| Q3 25 | 45.8% | 67.5% | ||
| Q2 25 | 45.6% | 63.3% | ||
| Q1 25 | 44.9% | 65.6% | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 44.7% | 69.4% | ||
| Q2 24 | 44.4% | 68.5% |
营业利润率ALLELBTYA
| Q1 26 | 18.9% | 1.0% | ||
| Q4 25 | 20.3% | -8.6% | ||
| Q3 25 | 21.8% | -0.7% | ||
| Q2 25 | 21.5% | 2.3% | ||
| Q1 25 | 20.9% | 5.2% | ||
| Q4 24 | 19.5% | — | ||
| Q3 24 | 22.2% | 5.2% | ||
| Q2 24 | 21.6% | 1.0% |
净利率ALLELBTYA
| Q1 26 | 13.4% | 15.0% | ||
| Q4 25 | 14.3% | -237.0% | ||
| Q3 25 | 17.6% | -7.5% | ||
| Q2 25 | 15.6% | -220.1% | ||
| Q1 25 | 15.7% | -114.2% | ||
| Q4 24 | 15.2% | -158.9% | ||
| Q3 24 | 18.0% | -74.1% | ||
| Q2 24 | 16.1% | 14.3% |
每股收益（稀释后）ALLELBTYA
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $-8.66 | ||
| Q3 25 | $2.18 | $-0.27 | ||
| Q2 25 | $1.85 | $-8.09 | ||
| Q1 25 | $1.71 | $-3.84 | ||
| Q4 24 | $1.65 | $6.15 | ||
| Q3 24 | $1.99 | $-3.95 | ||
| Q2 24 | $1.77 | $0.71 |
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 | $-387.3M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.1B | — |
| 总资产 | $5.3B | — |
| 负债/权益比越低杠杆越低 | 0.97× | — |
8季度趋势，按日历期对齐
现金及短期投资ALLELBTYA
| Q1 26 | $308.9M | $-387.3M | ||
| Q4 25 | $356.2M | $2.2B | ||
| Q3 25 | $302.7M | $1.7B | ||
| Q2 25 | $656.8M | $3.1B | ||
| Q1 25 | $494.5M | $2.0B | ||
| Q4 24 | $503.8M | $2.2B | ||
| Q3 24 | $878.9M | $3.3B | ||
| Q2 24 | $747.5M | $3.2B |
总债务ALLELBTYA
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $7.8B | ||
| Q3 25 | $2.1B | $7.8B | ||
| Q2 25 | $2.1B | $7.8B | ||
| Q1 25 | $2.0B | $8.2B | ||
| Q4 24 | $2.0B | $8.2B | ||
| Q3 24 | $2.4B | $14.9B | ||
| Q2 24 | $2.4B | $14.7B |
股东权益ALLELBTYA
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $9.7B | ||
| Q3 25 | $1.9B | $12.7B | ||
| Q2 25 | $1.8B | $13.0B | ||
| Q1 25 | $1.6B | $12.6B | ||
| Q4 24 | $1.5B | $12.4B | ||
| Q3 24 | $1.6B | $18.7B | ||
| Q2 24 | $1.4B | $18.3B |
总资产ALLELBTYA
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $22.6B | ||
| Q3 25 | $5.2B | $25.4B | ||
| Q2 25 | $4.9B | $27.2B | ||
| Q1 25 | $4.6B | $26.0B | ||
| Q4 24 | $4.5B | $25.4B | ||
| Q3 24 | $5.0B | $41.8B | ||
| Q2 24 | $4.8B | $40.8B |
负债/权益比ALLELBTYA
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | 0.80× | ||
| Q3 25 | 1.07× | 0.61× | ||
| Q2 25 | 1.16× | 0.60× | ||
| Q1 25 | 1.24× | 0.65× | ||
| Q4 24 | 1.33× | 0.66× | ||
| Q3 24 | 1.53× | 0.80× | ||
| Q2 24 | 1.69× | 0.80× |
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 | $107.6M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 2.0% | 1.5% |
| 现金转化率经营现金流/净利润 | 0.73× | 0.30× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流ALLELBTYA
| Q1 26 | $101.3M | $107.6M | ||
| Q4 25 | $240.1M | $630.9M | ||
| Q3 25 | $229.5M | $301.8M | ||
| Q2 25 | $209.7M | $149.2M | ||
| Q1 25 | $104.5M | $129.2M | ||
| Q4 24 | $219.0M | $791.6M | ||
| Q3 24 | $231.9M | $449.5M | ||
| Q2 24 | $173.0M | $546.1M |
自由现金流ALLELBTYA
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | $193.3M | ||
| Q3 25 | $209.8M | $-41.1M | ||
| Q2 25 | $192.0M | $-170.1M | ||
| Q1 25 | $83.4M | $-114.1M | ||
| Q4 24 | $194.9M | $712.9M | ||
| Q3 24 | $212.0M | $102.4M | ||
| Q2 24 | $152.1M | $256.8M |
自由现金流率ALLELBTYA
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | 15.7% | ||
| Q3 25 | 19.6% | -3.4% | ||
| Q2 25 | 18.8% | -13.4% | ||
| Q1 25 | 8.9% | -9.7% | ||
| Q4 24 | 20.6% | -50.5% | ||
| Q3 24 | 21.9% | 5.3% | ||
| Q2 24 | 15.8% | 13.7% |
资本支出强度ALLELBTYA
| Q1 26 | 2.0% | 1.5% | ||
| Q4 25 | 3.8% | 35.5% | ||
| Q3 25 | 1.8% | 28.4% | ||
| Q2 25 | 1.7% | 25.2% | ||
| Q1 25 | 2.2% | 20.8% | ||
| Q4 24 | 2.5% | -5.6% | ||
| Q3 24 | 2.1% | 17.9% | ||
| Q2 24 | 2.2% | 15.4% |
现金转化率ALLELBTYA
| Q1 26 | 0.73× | 0.30× | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 1.52× | 0.35× | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.11× | 2.04× |
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% |
LBTYA
| Mobile Service | $775.2M | 32% |
| Fixed Service | $772.0M | 32% |
| Business | $308.7M | 13% |
| Wholesale | $256.9M | 11% |
| Business Service | $233.2M | 10% |
