vs
安朗杰（ALLE）与INNOVATE Corp.（VATE）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INNOVATE Corp.的2.7倍（$1.0B vs $382.7M）。安朗杰净利率更高（14.3% vs -1.9%，领先16.2%）。INNOVATE Corp.同比增速更快（61.7% vs 9.3%）。过去两年INNOVATE Corp.的营收复合增速更高（10.2% 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
创新公司（Innovate Corp.）是一家美国上市金融服务企业，创立于1994年，深耕金融服务领域，面向市场提供多元专业金融相关服务，是美国本土具备多年运营经验的公众金融服务机构。
ALLE vs VATE — 直观对比
营收规模更大
ALLE
是对方的2.7倍
$382.7M
营收增速更快
VATE
高出52.5%
9.3%
净利率更高
ALLE
高出16.2%
-1.9%
两年增速更快
VATE
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $382.7M |
| 净利润 | $147.5M | $-7.4M |
| 毛利率 | 44.5% | 15.4% |
| 营业利润率 | 20.3% | 3.7% |
| 净利率 | 14.3% | -1.9% |
| 营收同比 | 9.3% | 61.7% |
| 净利润同比 | 2.4% | 55.4% |
| 每股收益（稀释后） | $1.70 | $-0.57 |
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ALLEVATE
| Q4 25 | $1.0B | $382.7M | ||
| Q3 25 | $1.1B | $347.1M | ||
| Q2 25 | $1.0B | $242.0M | ||
| Q1 25 | $941.9M | $274.2M | ||
| Q4 24 | $945.6M | $236.6M | ||
| Q3 24 | $967.1M | $242.2M | ||
| Q2 24 | $965.6M | $313.1M | ||
| Q1 24 | $893.9M | $315.2M |
净利润ALLEVATE
| Q4 25 | $147.5M | $-7.4M | ||
| Q3 25 | $188.4M | $-8.9M | ||
| Q2 25 | $159.7M | $-19.8M | ||
| Q1 25 | $148.2M | $-24.5M | ||
| Q4 24 | $144.1M | $-16.6M | ||
| Q3 24 | $174.2M | $-15.0M | ||
| Q2 24 | $155.4M | $14.4M | ||
| Q1 24 | $123.8M | $-17.4M |
毛利率ALLEVATE
| Q4 25 | 44.5% | 15.4% | ||
| Q3 25 | 45.8% | 14.3% | ||
| Q2 25 | 45.6% | 18.8% | ||
| Q1 25 | 44.9% | 16.6% | ||
| Q4 24 | 44.1% | 19.6% | ||
| Q3 24 | 44.7% | 19.9% | ||
| Q2 24 | 44.4% | 21.0% | ||
| Q1 24 | 43.8% | 15.4% |
营业利润率ALLEVATE
| Q4 25 | 20.3% | 3.7% | ||
| Q3 25 | 21.8% | 1.8% | ||
| Q2 25 | 21.5% | 2.0% | ||
| Q1 25 | 20.9% | 1.2% | ||
| Q4 24 | 19.5% | 1.1% | ||
| Q3 24 | 22.2% | 2.4% | ||
| Q2 24 | 21.6% | 9.2% | ||
| Q1 24 | 19.3% | 0.9% |
净利率ALLEVATE
| Q4 25 | 14.3% | -1.9% | ||
| Q3 25 | 17.6% | -2.6% | ||
| Q2 25 | 15.6% | -8.2% | ||
| Q1 25 | 15.7% | -8.9% | ||
| Q4 24 | 15.2% | -7.0% | ||
| Q3 24 | 18.0% | -6.2% | ||
| Q2 24 | 16.1% | 4.6% | ||
| Q1 24 | 13.8% | -5.5% |
每股收益（稀释后）ALLEVATE
| Q4 25 | $1.70 | $-0.57 | ||
| Q3 25 | $2.18 | $-0.71 | ||
| Q2 25 | $1.85 | $-1.67 | ||
| Q1 25 | $1.71 | $-1.89 | ||
| Q4 24 | $1.65 | $-0.72 | ||
| Q3 24 | $1.99 | $-1.18 | ||
| Q2 24 | $1.77 | $1.03 | ||
| Q1 24 | $1.41 | $-2.21 |
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 | $112.1M |
| 总债务越低越好 | $2.0B | $80.3M |
| 股东权益账面价值 | $2.1B | $-240.1M |
| 总资产 | $5.2B | $950.1M |
| 负债/权益比越低杠杆越低 | 0.96× | — |
8季度趋势，按日历期对齐
现金及短期投资ALLEVATE
| Q4 25 | $356.2M | $112.1M | ||
| Q3 25 | $302.7M | $35.5M | ||
| Q2 25 | $656.8M | $33.4M | ||
| Q1 25 | $494.5M | $33.3M | ||
| Q4 24 | $503.8M | $48.8M | ||
| Q3 24 | $878.9M | $51.0M | ||
| Q2 24 | $747.5M | $80.2M | ||
| Q1 24 | $391.8M | $38.4M |
总债务ALLEVATE
| Q4 25 | $2.0B | $80.3M | ||
| Q3 25 | $2.1B | $97.3M | ||
| Q2 25 | $2.1B | $160.1M | ||
| Q1 25 | $2.0B | $139.9M | ||
| Q4 24 | $2.0B | $500.6M | ||
| Q3 24 | $2.4B | $502.4M | ||
| Q2 24 | $2.4B | $638.3M | ||
| Q1 24 | $2.0B | $641.5M |
股东权益ALLEVATE
| Q4 25 | $2.1B | $-240.1M | ||
| Q3 25 | $1.9B | $-233.3M | ||
| Q2 25 | $1.8B | $-224.8M | ||
| Q1 25 | $1.6B | $-204.2M | ||
| Q4 24 | $1.5B | $-180.4M | ||
| Q3 24 | $1.6B | $-163.1M | ||
| Q2 24 | $1.4B | $-149.0M | ||
| Q1 24 | $1.4B | $-184.4M |
总资产ALLEVATE
| Q4 25 | $5.2B | $950.1M | ||
| Q3 25 | $5.2B | $913.2M | ||
| Q2 25 | $4.9B | $890.9M | ||
| Q1 25 | $4.6B | $868.0M | ||
| Q4 24 | $4.5B | $891.1M | ||
| Q3 24 | $5.0B | $897.2M | ||
| Q2 24 | $4.8B | $898.9M | ||
| Q1 24 | $4.3B | $943.5M |
负债/权益比ALLEVATE
| 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× | — | ||
| 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 | $101.1M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | — |
| 自由现金流率自由现金流/营收 | 19.4% | — |
| 资本支出强度资本支出/营收 | 3.8% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流ALLEVATE
| Q4 25 | $240.1M | $101.1M | ||
| Q3 25 | $229.5M | $19.2M | ||
| Q2 25 | $209.7M | $40.4M | ||
| Q1 25 | $104.5M | $-14.1M | ||
| Q4 24 | $219.0M | $41.4M | ||
| Q3 24 | $231.9M | $-28.4M | ||
| Q2 24 | $173.0M | $21.5M | ||
| Q1 24 | $51.1M | $-25.4M |
自由现金流ALLEVATE
| Q4 25 | $200.5M | — | ||
| Q3 25 | $209.8M | $19.0M | ||
| Q2 25 | $192.0M | — | ||
| Q1 25 | $83.4M | $-18.8M | ||
| Q4 24 | $194.9M | $34.2M | ||
| Q3 24 | $212.0M | $-31.5M | ||
| Q2 24 | $152.1M | $18.4M | ||
| Q1 24 | $23.9M | $-31.0M |
自由现金流率ALLEVATE
| Q4 25 | 19.4% | — | ||
| Q3 25 | 19.6% | 5.5% | ||
| Q2 25 | 18.8% | — | ||
| Q1 25 | 8.9% | -6.9% | ||
| Q4 24 | 20.6% | 14.5% | ||
| Q3 24 | 21.9% | -13.0% | ||
| Q2 24 | 15.8% | 5.9% | ||
| Q1 24 | 2.7% | -9.8% |
资本支出强度ALLEVATE
| Q4 25 | 3.8% | — | ||
| Q3 25 | 1.8% | 0.1% | ||
| Q2 25 | 1.7% | — | ||
| Q1 25 | 2.2% | 1.7% | ||
| Q4 24 | 2.5% | 3.0% | ||
| Q3 24 | 2.1% | 1.3% | ||
| Q2 24 | 2.2% | 1.0% | ||
| Q1 24 | 3.0% | 1.8% |
现金转化率ALLEVATE
| 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× | 1.49× | ||
| 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% |
VATE
| Commercial Revenue | $126.1M | 33% |
| Industrial Revenue | $87.5M | 23% |
| Transportation Revenue | $58.4M | 15% |
| Healthcare Revenue | $48.4M | 13% |
| Government Revenue | $44.3M | 12% |
| Energy Revenue | $8.0M | 2% |
| Broadcast Station Revenue | $5.7M | 1% |
| Systems And Consumables Revenue | $3.1M | 1% |
| Leisure Revenue | $200.0K | 0% |
