vs
安朗杰（ALLE）与PAR TECHNOLOGY CORP（PAR）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PAR TECHNOLOGY CORP的8.6倍（$1.0B vs $120.1M）。PAR TECHNOLOGY CORP同比增速更快（14.4% vs 9.3%）。安朗杰自由现金流更多（$200.5M vs $-12.5M）。过去两年PAR TECHNOLOGY CORP的营收复合增速更高（30.9% 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
PAR科技公司是全球领先的销售点系统、餐饮酒店管理软件及集成技术解决方案提供商，核心业务覆盖餐饮服务、酒店文旅及政府安防领域，为各类规模客户提供云端工具以简化运营、提升消费体验与经营效率。
ALLE vs PAR — 直观对比
营收规模更大
ALLE
是对方的8.6倍
$120.1M
营收增速更快
PAR
高出5.1%
9.3%
自由现金流更多
ALLE
多$213.0M
$-12.5M
两年增速更快
PAR
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $120.1M |
| 净利润 | $147.5M | — |
| 毛利率 | 44.5% | 41.2% |
| 营业利润率 | 20.3% | -15.0% |
| 净利率 | 14.3% | — |
| 营收同比 | 9.3% | 14.4% |
| 净利润同比 | 2.4% | — |
| 每股收益（稀释后） | $1.70 | $-0.52 |
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ALLEPAR
| Q4 25 | $1.0B | $120.1M | ||
| Q3 25 | $1.1B | $119.2M | ||
| Q2 25 | $1.0B | $112.4M | ||
| Q1 25 | $941.9M | $103.9M | ||
| Q4 24 | $945.6M | $105.0M | ||
| Q3 24 | $967.1M | $96.8M | ||
| Q2 24 | $965.6M | $78.2M | ||
| Q1 24 | $893.9M | $70.1M |
净利润ALLEPAR
| Q4 25 | $147.5M | — | ||
| Q3 25 | $188.4M | $-18.2M | ||
| Q2 25 | $159.7M | $-21.0M | ||
| Q1 25 | $148.2M | $-24.4M | ||
| Q4 24 | $144.1M | — | ||
| Q3 24 | $174.2M | $-19.8M | ||
| Q2 24 | $155.4M | $54.2M | ||
| Q1 24 | $123.8M | $-18.3M |
毛利率ALLEPAR
| Q4 25 | 44.5% | 41.2% | ||
| Q3 25 | 45.8% | 41.3% | ||
| Q2 25 | 45.6% | 45.4% | ||
| Q1 25 | 44.9% | 46.5% | ||
| Q4 24 | 44.1% | 42.9% | ||
| Q3 24 | 44.7% | 44.5% | ||
| Q2 24 | 44.4% | 41.0% | ||
| Q1 24 | 43.8% | 37.2% |
营业利润率ALLEPAR
| Q4 25 | 20.3% | -15.0% | ||
| Q3 25 | 21.8% | -14.8% | ||
| Q2 25 | 21.5% | -15.4% | ||
| Q1 25 | 20.9% | -15.2% | ||
| Q4 24 | 19.5% | -15.6% | ||
| Q3 24 | 22.2% | -15.7% | ||
| Q2 24 | 21.6% | -26.5% | ||
| Q1 24 | 19.3% | -38.2% |
净利率ALLEPAR
| Q4 25 | 14.3% | — | ||
| Q3 25 | 17.6% | -15.3% | ||
| Q2 25 | 15.6% | -18.7% | ||
| Q1 25 | 15.7% | -23.4% | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 18.0% | -20.5% | ||
| Q2 24 | 16.1% | 69.3% | ||
| Q1 24 | 13.8% | -26.1% |
每股收益（稀释后）ALLEPAR
| Q4 25 | $1.70 | $-0.52 | ||
| Q3 25 | $2.18 | $-0.45 | ||
| Q2 25 | $1.85 | $-0.52 | ||
| Q1 25 | $1.71 | $-0.60 | ||
| Q4 24 | $1.65 | $-0.56 | ||
| Q3 24 | $1.99 | $-0.56 | ||
| Q2 24 | $1.77 | $1.60 | ||
| Q1 24 | $1.41 | $-0.62 |
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 | $80.1M |
| 总债务越低越好 | $2.0B | $394.0M |
| 股东权益账面价值 | $2.1B | $825.1M |
| 总资产 | $5.2B | $1.4B |
| 负债/权益比越低杠杆越低 | 0.96× | 0.48× |
8季度趋势，按日历期对齐
现金及短期投资ALLEPAR
| Q4 25 | $356.2M | $80.1M | ||
| Q3 25 | $302.7M | $93.0M | ||
| Q2 25 | $656.8M | $85.7M | ||
| Q1 25 | $494.5M | $92.2M | ||
| Q4 24 | $503.8M | $108.6M | ||
| Q3 24 | $878.9M | $118.4M | ||
| Q2 24 | $747.5M | $142.5M | ||
| Q1 24 | $391.8M | $72.5M |
总债务ALLEPAR
| Q4 25 | $2.0B | $394.0M | ||
| Q3 25 | $2.1B | $393.4M | ||
| Q2 25 | $2.1B | $392.8M | ||
| Q1 25 | $2.0B | $392.3M | ||
| Q4 24 | $2.0B | $368.4M | ||
| Q3 24 | $2.4B | $466.7M | ||
| Q2 24 | $2.4B | $378.7M | ||
| Q1 24 | $2.0B | $378.2M |
股东权益ALLEPAR
| Q4 25 | $2.1B | $825.1M | ||
| Q3 25 | $1.9B | $838.0M | ||
| Q2 25 | $1.8B | $859.1M | ||
| Q1 25 | $1.6B | $852.0M | ||
| Q4 24 | $1.5B | $871.7M | ||
| Q3 24 | $1.6B | $692.7M | ||
| Q2 24 | $1.4B | $588.3M | ||
| Q1 24 | $1.4B | $526.4M |
总资产ALLEPAR
| Q4 25 | $5.2B | $1.4B | ||
| Q3 25 | $5.2B | $1.4B | ||
| Q2 25 | $4.9B | $1.4B | ||
| Q1 25 | $4.6B | $1.4B | ||
| Q4 24 | $4.5B | $1.4B | ||
| Q3 24 | $5.0B | $1.3B | ||
| Q2 24 | $4.8B | $1.1B | ||
| Q1 24 | $4.3B | $1.0B |
负债/权益比ALLEPAR
| Q4 25 | 0.96× | 0.48× | ||
| Q3 25 | 1.07× | 0.47× | ||
| Q2 25 | 1.16× | 0.46× | ||
| Q1 25 | 1.24× | 0.46× | ||
| Q4 24 | 1.33× | 0.42× | ||
| Q3 24 | 1.53× | 0.67× | ||
| Q2 24 | 1.69× | 0.64× | ||
| Q1 24 | 1.49× | 0.72× |
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 | $-11.8M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $-12.5M |
| 自由现金流率自由现金流/营收 | 19.4% | -10.4% |
| 资本支出强度资本支出/营收 | 3.8% | 0.7% |
| 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 | $-30.5M |
8季度趋势，按日历期对齐
经营现金流ALLEPAR
| Q4 25 | $240.1M | $-11.8M | ||
| Q3 25 | $229.5M | $8.4M | ||
| Q2 25 | $209.7M | $-6.6M | ||
| Q1 25 | $104.5M | $-17.2M | ||
| Q4 24 | $219.0M | $3.4M | ||
| Q3 24 | $231.9M | $8.8M | ||
| Q2 24 | $173.0M | $-13.8M | ||
| Q1 24 | $51.1M | $-23.6M |
自由现金流ALLEPAR
| Q4 25 | $200.5M | $-12.5M | ||
| Q3 25 | $209.8M | $7.0M | ||
| Q2 25 | $192.0M | $-7.4M | ||
| Q1 25 | $83.4M | $-17.6M | ||
| Q4 24 | $194.9M | $3.2M | ||
| Q3 24 | $212.0M | $8.4M | ||
| Q2 24 | $152.1M | $-14.2M | ||
| Q1 24 | $23.9M | $-23.6M |
自由现金流率ALLEPAR
| Q4 25 | 19.4% | -10.4% | ||
| Q3 25 | 19.6% | 5.9% | ||
| Q2 25 | 18.8% | -6.6% | ||
| Q1 25 | 8.9% | -16.9% | ||
| Q4 24 | 20.6% | 3.0% | ||
| Q3 24 | 21.9% | 8.7% | ||
| Q2 24 | 15.8% | -18.2% | ||
| Q1 24 | 2.7% | -33.7% |
资本支出强度ALLEPAR
| Q4 25 | 3.8% | 0.7% | ||
| Q3 25 | 1.8% | 1.1% | ||
| Q2 25 | 1.7% | 0.7% | ||
| Q1 25 | 2.2% | 0.4% | ||
| Q4 24 | 2.5% | 0.2% | ||
| Q3 24 | 2.1% | 0.4% | ||
| Q2 24 | 2.2% | 0.5% | ||
| Q1 24 | 3.0% | 0.1% |
现金转化率ALLEPAR
| Q4 25 | 1.63× | — | ||
| Q3 25 | 1.22× | — | ||
| Q2 25 | 1.31× | — | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 1.52× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.11× | -0.26× | ||
| 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% |
PAR
| Subscription Service | $76.1M | 63% |
| Hardware | $27.8M | 23% |
| Professional Service | $16.2M | 13% |
