vs
安朗杰（ALLE）与UL Solutions Inc.（ULS）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UL Solutions Inc.的1.3倍（$1.0B vs $789.0M）。安朗杰净利率更高（14.3% vs 8.5%，领先5.8%）。安朗杰同比增速更快（9.3% vs 6.8%）。安朗杰自由现金流更多（$200.5M vs $86.0M）。过去两年UL Solutions Inc.的营收复合增速更高（8.5% 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
UL是总部位于美国伊利诺伊州诺斯布鲁克的全球私营安全领域企业，旗下设有三大机构：UL研究院、UL标准与倡议部门以及UL Solutions，为全球各行业客户提供标准制定、检测认证、风险管控等专业安全服务，保障产品与运营的合规性与安全性，助力企业可持续发展。
ALLE vs ULS — 直观对比
营收规模更大
ALLE
是对方的1.3倍
$789.0M
营收增速更快
ALLE
高出2.5%
6.8%
净利率更高
ALLE
高出5.8%
8.5%
自由现金流更多
ALLE
多$114.5M
$86.0M
两年增速更快
ULS
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $789.0M |
| 净利润 | $147.5M | $67.0M |
| 毛利率 | 44.5% | 49.7% |
| 营业利润率 | 20.3% | 15.0% |
| 净利率 | 14.3% | 8.5% |
| 营收同比 | 9.3% | 6.8% |
| 净利润同比 | 2.4% | -17.3% |
| 每股收益（稀释后） | $1.70 | $0.33 |
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ALLEULS
| Q4 25 | $1.0B | $789.0M | ||
| Q3 25 | $1.1B | $783.0M | ||
| Q2 25 | $1.0B | $776.0M | ||
| Q1 25 | $941.9M | $705.0M | ||
| Q4 24 | $945.6M | $739.0M | ||
| Q3 24 | $967.1M | $731.0M | ||
| Q2 24 | $965.6M | $730.0M | ||
| Q1 24 | $893.9M | $670.0M |
净利润ALLEULS
| Q4 25 | $147.5M | $67.0M | ||
| Q3 25 | $188.4M | $100.0M | ||
| Q2 25 | $159.7M | $91.0M | ||
| Q1 25 | $148.2M | $67.0M | ||
| Q4 24 | $144.1M | $81.0M | ||
| Q3 24 | $174.2M | $88.0M | ||
| Q2 24 | $155.4M | $101.0M | ||
| Q1 24 | $123.8M | $56.0M |
毛利率ALLEULS
| Q4 25 | 44.5% | 49.7% | ||
| Q3 25 | 45.8% | 50.3% | ||
| Q2 25 | 45.6% | 49.4% | ||
| Q1 25 | 44.9% | 48.4% | ||
| Q4 24 | 44.1% | 47.4% | ||
| Q3 24 | 44.7% | 49.0% | ||
| Q2 24 | 44.4% | 50.1% | ||
| Q1 24 | 43.8% | 47.6% |
营业利润率ALLEULS
| Q4 25 | 20.3% | 15.0% | ||
| Q3 25 | 21.8% | 19.9% | ||
| Q2 25 | 21.5% | 17.9% | ||
| Q1 25 | 20.9% | 15.5% | ||
| Q4 24 | 19.5% | 15.6% | ||
| Q3 24 | 22.2% | 17.8% | ||
| Q2 24 | 21.6% | 17.3% | ||
| Q1 24 | 19.3% | 13.6% |
净利率ALLEULS
| Q4 25 | 14.3% | 8.5% | ||
| Q3 25 | 17.6% | 12.8% | ||
| Q2 25 | 15.6% | 11.7% | ||
| Q1 25 | 15.7% | 9.5% | ||
| Q4 24 | 15.2% | 11.0% | ||
| Q3 24 | 18.0% | 12.0% | ||
| Q2 24 | 16.1% | 13.8% | ||
| Q1 24 | 13.8% | 8.4% |
每股收益（稀释后）ALLEULS
| Q4 25 | $1.70 | $0.33 | ||
| Q3 25 | $2.18 | $0.49 | ||
| Q2 25 | $1.85 | $0.45 | ||
| Q1 25 | $1.71 | $0.33 | ||
| Q4 24 | $1.65 | $0.40 | ||
| Q3 24 | $1.99 | $0.44 | ||
| Q2 24 | $1.77 | $0.50 | ||
| Q1 24 | $1.41 | $0.28 |
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 | $295.0M |
| 总债务越低越好 | $2.0B | $491.0M |
| 股东权益账面价值 | $2.1B | $1.3B |
| 总资产 | $5.2B | $2.9B |
| 负债/权益比越低杠杆越低 | 0.96× | 0.39× |
8季度趋势，按日历期对齐
现金及短期投资ALLEULS
| Q4 25 | $356.2M | $295.0M | ||
| Q3 25 | $302.7M | $255.0M | ||
| Q2 25 | $656.8M | $272.0M | ||
| Q1 25 | $494.5M | $267.0M | ||
| Q4 24 | $503.8M | $298.0M | ||
| Q3 24 | $878.9M | $327.0M | ||
| Q2 24 | $747.5M | $295.0M | ||
| Q1 24 | $391.8M | $344.0M |
总债务ALLEULS
| Q4 25 | $2.0B | $491.0M | ||
| Q3 25 | $2.1B | $544.0M | ||
| Q2 25 | $2.1B | $608.0M | ||
| Q1 25 | $2.0B | $653.0M | ||
| Q4 24 | $2.0B | $742.0M | ||
| Q3 24 | $2.4B | $797.0M | ||
| Q2 24 | $2.4B | $810.0M | ||
| Q1 24 | $2.0B | $879.0M |
股东权益ALLEULS
| Q4 25 | $2.1B | $1.3B | ||
| Q3 25 | $1.9B | $1.2B | ||
| Q2 25 | $1.8B | $1.1B | ||
| Q1 25 | $1.6B | $970.0M | ||
| Q4 24 | $1.5B | $904.0M | ||
| Q3 24 | $1.6B | $872.0M | ||
| Q2 24 | $1.4B | $769.0M | ||
| Q1 24 | $1.4B | $671.0M |
总资产ALLEULS
| Q4 25 | $5.2B | $2.9B | ||
| Q3 25 | $5.2B | $2.9B | ||
| Q2 25 | $4.9B | $2.9B | ||
| Q1 25 | $4.6B | $2.9B | ||
| Q4 24 | $4.5B | $2.8B | ||
| Q3 24 | $5.0B | $2.9B | ||
| Q2 24 | $4.8B | $2.7B | ||
| Q1 24 | $4.3B | $2.8B |
负债/权益比ALLEULS
| Q4 25 | 0.96× | 0.39× | ||
| Q3 25 | 1.07× | 0.46× | ||
| Q2 25 | 1.16× | 0.56× | ||
| Q1 25 | 1.24× | 0.67× | ||
| Q4 24 | 1.33× | 0.82× | ||
| Q3 24 | 1.53× | 0.91× | ||
| Q2 24 | 1.69× | 1.05× | ||
| Q1 24 | 1.49× | 1.31× |
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 | $144.0M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $86.0M |
| 自由现金流率自由现金流/营收 | 19.4% | 10.9% |
| 资本支出强度资本支出/营收 | 3.8% | 7.4% |
| 现金转化率经营现金流/净利润 | 1.63× | 2.15× |
| 过去12个月自由现金流最近4个季度 | $685.7M | $403.0M |
8季度趋势，按日历期对齐
经营现金流ALLEULS
| Q4 25 | $240.1M | $144.0M | ||
| Q3 25 | $229.5M | $155.0M | ||
| Q2 25 | $209.7M | $147.0M | ||
| Q1 25 | $104.5M | $154.0M | ||
| Q4 24 | $219.0M | $130.0M | ||
| Q3 24 | $231.9M | $150.0M | ||
| Q2 24 | $173.0M | $103.0M | ||
| Q1 24 | $51.1M | $141.0M |
自由现金流ALLEULS
| Q4 25 | $200.5M | $86.0M | ||
| Q3 25 | $209.8M | $109.0M | ||
| Q2 25 | $192.0M | $105.0M | ||
| Q1 25 | $83.4M | $103.0M | ||
| Q4 24 | $194.9M | $72.0M | ||
| Q3 24 | $212.0M | $84.0M | ||
| Q2 24 | $152.1M | $47.0M | ||
| Q1 24 | $23.9M | $84.0M |
自由现金流率ALLEULS
| Q4 25 | 19.4% | 10.9% | ||
| Q3 25 | 19.6% | 13.9% | ||
| Q2 25 | 18.8% | 13.5% | ||
| Q1 25 | 8.9% | 14.6% | ||
| Q4 24 | 20.6% | 9.7% | ||
| Q3 24 | 21.9% | 11.5% | ||
| Q2 24 | 15.8% | 6.4% | ||
| Q1 24 | 2.7% | 12.5% |
资本支出强度ALLEULS
| Q4 25 | 3.8% | 7.4% | ||
| Q3 25 | 1.8% | 5.9% | ||
| Q2 25 | 1.7% | 5.4% | ||
| Q1 25 | 2.2% | 7.2% | ||
| Q4 24 | 2.5% | 7.8% | ||
| Q3 24 | 2.1% | 9.0% | ||
| Q2 24 | 2.2% | 7.7% | ||
| Q1 24 | 3.0% | 8.5% |
现金转化率ALLEULS
| Q4 25 | 1.63× | 2.15× | ||
| Q3 25 | 1.22× | 1.55× | ||
| Q2 25 | 1.31× | 1.62× | ||
| Q1 25 | 0.71× | 2.30× | ||
| Q4 24 | 1.52× | 1.60× | ||
| Q3 24 | 1.33× | 1.70× | ||
| Q2 24 | 1.11× | 1.02× | ||
| Q1 24 | 0.41× | 2.52× |
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% |
ULS
| Industrial | $352.0M | 45% |
| Ongoing Certification Services | $259.0M | 33% |
| Software And Advisory | $102.0M | 13% |
| Software | $75.0M | 10% |
