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安朗杰（ALLE）与NCR Atleos Corp（NATL）财务数据对比。点击上方公司名可切换其他公司
NCR Atleos Corp的季度营收约是安朗杰的1.1倍（$1.2B vs $1.0B）。安朗杰净利率更高（14.3% vs 7.2%，领先7.1%）。安朗杰同比增速更快（9.3% vs 4.0%）。安朗杰自由现金流更多（$200.5M vs $194.0M）。过去两年安朗杰的营收复合增速更高（7.5% vs 4.9%）
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
NCR Atleos Corp 前身为NCR公司（National Cash Register），是全球知名的软件、咨询与技术企业，提供多元专业服务与电子产品，业务覆盖自助服务 kiosk、销售点终端、自动柜员机、支票处理系统、条码扫描器等商用软硬件的研发与生产，服务全球各行业客户的数字化运营需求。
ALLE vs NATL — 直观对比
营收规模更大
NATL
是对方的1.1倍
$1.0B
营收增速更快
ALLE
高出5.3%
4.0%
净利率更高
ALLE
高出7.1%
7.2%
自由现金流更多
ALLE
多$6.5M
$194.0M
两年增速更快
ALLE
近两年复合增速
4.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $1.2B |
| 净利润 | $147.5M | $83.0M |
| 毛利率 | 44.5% | — |
| 营业利润率 | 20.3% | 13.5% |
| 净利率 | 14.3% | 7.2% |
| 营收同比 | 9.3% | 4.0% |
| 净利润同比 | 2.4% | 102.4% |
| 每股收益（稀释后） | $1.70 | $1.09 |
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ALLENATL
| Q4 25 | $1.0B | $1.2B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.0B | $1.1B | ||
| Q1 25 | $941.9M | $979.0M | ||
| Q4 24 | $945.6M | $1.1B | ||
| Q3 24 | $967.1M | $1.1B | ||
| Q2 24 | $965.6M | $1.1B | ||
| Q1 24 | $893.9M | $1.0B |
净利润ALLENATL
| Q4 25 | $147.5M | $83.0M | ||
| Q3 25 | $188.4M | $26.0M | ||
| Q2 25 | $159.7M | $39.0M | ||
| Q1 25 | $148.2M | $14.0M | ||
| Q4 24 | $144.1M | $41.0M | ||
| Q3 24 | $174.2M | $21.0M | ||
| Q2 24 | $155.4M | $27.0M | ||
| Q1 24 | $123.8M | $-9.0M |
毛利率ALLENATL
| 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ALLENATL
| Q4 25 | 20.3% | 13.5% | ||
| Q3 25 | 21.8% | 9.8% | ||
| Q2 25 | 21.5% | 10.8% | ||
| Q1 25 | 20.9% | 9.5% | ||
| Q4 24 | 19.5% | 13.4% | ||
| Q3 24 | 22.2% | 10.6% | ||
| Q2 24 | 21.6% | 9.8% | ||
| Q1 24 | 19.3% | 6.5% |
净利率ALLENATL
| Q4 25 | 14.3% | 7.2% | ||
| Q3 25 | 17.6% | 2.3% | ||
| Q2 25 | 15.6% | 3.5% | ||
| Q1 25 | 15.7% | 1.4% | ||
| Q4 24 | 15.2% | 3.7% | ||
| Q3 24 | 18.0% | 2.0% | ||
| Q2 24 | 16.1% | 2.5% | ||
| Q1 24 | 13.8% | -0.9% |
每股收益（稀释后）ALLENATL
| Q4 25 | $1.70 | $1.09 | ||
| Q3 25 | $2.18 | $0.34 | ||
| Q2 25 | $1.85 | $0.52 | ||
| Q1 25 | $1.71 | $0.19 | ||
| Q4 24 | $1.65 | $0.56 | ||
| Q3 24 | $1.99 | $0.28 | ||
| Q2 24 | $1.77 | $0.37 | ||
| Q1 24 | $1.41 | $-0.13 |
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 | $456.0M |
| 总债务越低越好 | $2.0B | $2.7B |
| 股东权益账面价值 | $2.1B | $403.0M |
| 总资产 | $5.2B | $5.7B |
| 负债/权益比越低杠杆越低 | 0.96× | 6.63× |
8季度趋势，按日历期对齐
现金及短期投资ALLENATL
| Q4 25 | $356.2M | $456.0M | ||
| Q3 25 | $302.7M | $412.0M | ||
| Q2 25 | $656.8M | $357.0M | ||
| Q1 25 | $494.5M | $352.0M | ||
| Q4 24 | $503.8M | $419.0M | ||
| Q3 24 | $878.9M | $395.0M | ||
| Q2 24 | $747.5M | $374.0M | ||
| Q1 24 | $391.8M | $343.0M |
总债务ALLENATL
| Q4 25 | $2.0B | $2.7B | ||
| Q3 25 | $2.1B | $2.8B | ||
| Q2 25 | $2.1B | $2.8B | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $2.9B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.0B | — |
股东权益ALLENATL
| Q4 25 | $2.1B | $403.0M | ||
| Q3 25 | $1.9B | $330.0M | ||
| Q2 25 | $1.8B | $350.0M | ||
| Q1 25 | $1.6B | $275.0M | ||
| Q4 24 | $1.5B | $219.0M | ||
| Q3 24 | $1.6B | $264.0M | ||
| Q2 24 | $1.4B | $250.0M | ||
| Q1 24 | $1.4B | $283.0M |
总资产ALLENATL
| Q4 25 | $5.2B | $5.7B | ||
| Q3 25 | $5.2B | $5.7B | ||
| Q2 25 | $4.9B | $5.8B | ||
| Q1 25 | $4.6B | $5.7B | ||
| Q4 24 | $4.5B | $5.5B | ||
| Q3 24 | $5.0B | $5.7B | ||
| Q2 24 | $4.8B | $5.8B | ||
| Q1 24 | $4.3B | $5.8B |
负债/权益比ALLENATL
| Q4 25 | 0.96× | 6.63× | ||
| Q3 25 | 1.07× | 8.45× | ||
| Q2 25 | 1.16× | 8.05× | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | 13.05× | ||
| 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 | $231.0M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $194.0M |
| 自由现金流率自由现金流/营收 | 19.4% | 16.8% |
| 资本支出强度资本支出/营收 | 3.8% | 3.2% |
| 现金转化率经营现金流/净利润 | 1.63× | 2.78× |
| 过去12个月自由现金流最近4个季度 | $685.7M | $239.0M |
8季度趋势，按日历期对齐
经营现金流ALLENATL
| Q4 25 | $240.1M | $231.0M | ||
| Q3 25 | $229.5M | $25.0M | ||
| Q2 25 | $209.7M | $-23.0M | ||
| Q1 25 | $104.5M | $123.0M | ||
| Q4 24 | $219.0M | $80.0M | ||
| Q3 24 | $231.9M | $107.0M | ||
| Q2 24 | $173.0M | $9.0M | ||
| Q1 24 | $51.1M | $148.0M |
自由现金流ALLENATL
| Q4 25 | $200.5M | $194.0M | ||
| Q3 25 | $209.8M | $-5.0M | ||
| Q2 25 | $192.0M | $-44.0M | ||
| Q1 25 | $83.4M | $94.0M | ||
| Q4 24 | $194.9M | $62.0M | ||
| Q3 24 | $212.0M | $85.0M | ||
| Q2 24 | $152.1M | $-14.0M | ||
| Q1 24 | $23.9M | $124.0M |
自由现金流率ALLENATL
| Q4 25 | 19.4% | 16.8% | ||
| Q3 25 | 19.6% | -0.4% | ||
| Q2 25 | 18.8% | -4.0% | ||
| Q1 25 | 8.9% | 9.6% | ||
| Q4 24 | 20.6% | 5.6% | ||
| Q3 24 | 21.9% | 7.9% | ||
| Q2 24 | 15.8% | -1.3% | ||
| Q1 24 | 2.7% | 11.9% |
资本支出强度ALLENATL
| Q4 25 | 3.8% | 3.2% | ||
| Q3 25 | 1.8% | 2.7% | ||
| Q2 25 | 1.7% | 1.9% | ||
| Q1 25 | 2.2% | 3.0% | ||
| Q4 24 | 2.5% | 1.6% | ||
| Q3 24 | 2.1% | 2.1% | ||
| Q2 24 | 2.2% | 2.1% | ||
| Q1 24 | 3.0% | 2.3% |
现金转化率ALLENATL
| Q4 25 | 1.63× | 2.78× | ||
| Q3 25 | 1.22× | 0.96× | ||
| Q2 25 | 1.31× | -0.59× | ||
| Q1 25 | 0.71× | 8.79× | ||
| Q4 24 | 1.52× | 1.95× | ||
| Q3 24 | 1.33× | 5.10× | ||
| Q2 24 | 1.11× | 0.33× | ||
| 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% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
