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安朗杰（ALLE）与EPLUS INC（PLUS）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EPLUS INC的1.7倍（$1.0B vs $614.8M），安朗杰净利率更高（13.4% vs 5.7%，领先7.7%），EPLUS INC同比增速更快（20.3% vs 9.7%），过去两年安朗杰的营收复合增速更高（3.5% vs 2.3%）
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
ePlus Inc.是美国的科技咨询解决方案提供商，业务覆盖网络安全、云计算、网络架构、协作办公、人工智能及前沿技术领域，为超5000家客户提供定制化解决方案、专业咨询与托管服务，助力企业实现数字化转型与技术升级。
ALLE vs PLUS — 直观对比
营收规模更大
ALLE
是对方的1.7倍
$614.8M
营收增速更快
PLUS
高出10.6%
9.7%
净利率更高
ALLE
高出7.7%
5.7%
两年增速更快
ALLE
近两年复合增速
2.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $614.8M |
| 净利润 | $138.1M | $35.1M |
| 毛利率 | 44.0% | 25.8% |
| 营业利润率 | 18.9% | 7.1% |
| 净利率 | 13.4% | 5.7% |
| 营收同比 | 9.7% | 20.3% |
| 净利润同比 | -6.8% | 45.2% |
| 每股收益（稀释后） | — | $1.33 |
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ALLEPLUS
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $614.8M | ||
| Q3 25 | $1.1B | $608.8M | ||
| Q2 25 | $1.0B | $637.3M | ||
| Q1 25 | $941.9M | — | ||
| Q4 24 | $945.6M | $493.2M | ||
| Q3 24 | $967.1M | $493.4M | ||
| Q2 24 | $965.6M | $535.7M |
净利润ALLEPLUS
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $35.1M | ||
| Q3 25 | $188.4M | $34.9M | ||
| Q2 25 | $159.7M | $37.7M | ||
| Q1 25 | $148.2M | — | ||
| Q4 24 | $144.1M | $24.1M | ||
| Q3 24 | $174.2M | $31.3M | ||
| Q2 24 | $155.4M | $27.3M |
毛利率ALLEPLUS
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | 25.8% | ||
| Q3 25 | 45.8% | 26.6% | ||
| Q2 25 | 45.6% | 23.3% | ||
| Q1 25 | 44.9% | — | ||
| Q4 24 | 44.1% | 25.4% | ||
| Q3 24 | 44.7% | 25.8% | ||
| Q2 24 | 44.4% | 23.7% |
营业利润率ALLEPLUS
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | 7.1% | ||
| Q3 25 | 21.8% | 8.0% | ||
| Q2 25 | 21.5% | 5.7% | ||
| Q1 25 | 20.9% | — | ||
| Q4 24 | 19.5% | 3.3% | ||
| Q3 24 | 22.2% | 5.5% | ||
| Q2 24 | 21.6% | 5.9% |
净利率ALLEPLUS
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | 5.7% | ||
| Q3 25 | 17.6% | 5.7% | ||
| Q2 25 | 15.6% | 5.9% | ||
| Q1 25 | 15.7% | — | ||
| Q4 24 | 15.2% | 4.9% | ||
| Q3 24 | 18.0% | 6.3% | ||
| Q2 24 | 16.1% | 5.1% |
每股收益（稀释后）ALLEPLUS
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $1.33 | ||
| Q3 25 | $2.18 | $1.32 | ||
| Q2 25 | $1.85 | $1.43 | ||
| Q1 25 | $1.71 | — | ||
| Q4 24 | $1.65 | $0.91 | ||
| Q3 24 | $1.99 | $1.17 | ||
| Q2 24 | $1.77 | $1.02 |
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 | $326.3M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.1B | $1.1B |
| 总资产 | $5.3B | $1.8B |
| 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ALLEPLUS
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | $326.3M | ||
| Q3 25 | $302.7M | $402.2M | ||
| Q2 25 | $656.8M | $480.2M | ||
| Q1 25 | $494.5M | — | ||
| Q4 24 | $503.8M | $253.1M | ||
| Q3 24 | $878.9M | $187.5M | ||
| Q2 24 | $747.5M | $349.9M |
总债务ALLEPLUS
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | — | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
股东权益ALLEPLUS
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $1.9B | $1.0B | ||
| Q2 25 | $1.8B | $1.0B | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.5B | $962.3M | ||
| Q3 24 | $1.6B | $947.0M | ||
| Q2 24 | $1.4B | $921.9M |
总资产ALLEPLUS
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $1.8B | ||
| Q3 25 | $5.2B | $1.8B | ||
| Q2 25 | $4.9B | $1.8B | ||
| Q1 25 | $4.6B | — | ||
| Q4 24 | $4.5B | $1.8B | ||
| Q3 24 | $5.0B | $1.7B | ||
| Q2 24 | $4.8B | $1.7B |
负债/权益比ALLEPLUS
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | — | ||
| Q3 24 | 1.53× | — | ||
| 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 | $-87.4M |
| 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% | — |
| 现金转化率经营现金流/净利润 | 0.73× | -2.49× |
| 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ALLEPLUS
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $-87.4M | ||
| Q3 25 | $229.5M | $-34.8M | ||
| Q2 25 | $209.7M | $-99.0M | ||
| Q1 25 | $104.5M | — | ||
| Q4 24 | $219.0M | $65.7M | ||
| Q3 24 | $231.9M | $-21.6M | ||
| Q2 24 | $173.0M | $97.1M |
自由现金流ALLEPLUS
| Q1 26 | — | — | ||
| Q4 25 | $200.5M | — | ||
| Q3 25 | $209.8M | — | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $83.4M | — | ||
| Q4 24 | $194.9M | — | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $152.1M | — |
自由现金流率ALLEPLUS
| Q1 26 | — | — | ||
| Q4 25 | 19.4% | — | ||
| Q3 25 | 19.6% | — | ||
| Q2 25 | 18.8% | — | ||
| Q1 25 | 8.9% | — | ||
| Q4 24 | 20.6% | — | ||
| Q3 24 | 21.9% | — | ||
| Q2 24 | 15.8% | — |
资本支出强度ALLEPLUS
| Q1 26 | 2.0% | — | ||
| Q4 25 | 3.8% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 2.1% | — | ||
| Q2 24 | 2.2% | — |
现金转化率ALLEPLUS
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | -2.49× | ||
| Q3 25 | 1.22× | -1.00× | ||
| Q2 25 | 1.31× | -2.63× | ||
| Q1 25 | 0.71× | — | ||
| Q4 24 | 1.52× | 2.72× | ||
| Q3 24 | 1.33× | -0.69× | ||
| Q2 24 | 1.11× | 3.55× |
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% |
PLUS
| All Others Customer End Market | $107.0M | 17% |
| Technology Customer End Market | $89.4M | 15% |
| Health Care Customer End Market | $81.5M | 13% |
| Financial Services Customer End Market | $66.1M | 11% |
| Professional Services Reporting Unit | $64.1M | 10% |
| Security | $61.1M | 10% |
| State And Local Government And Educational Institutions | $59.9M | 10% |
| Managed Services Reporting Unit | $48.8M | 8% |
| Other Product | $21.1M | 3% |
| Collaboration | $13.4M | 2% |
