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安朗杰（ALLE）与沃特世（WAT）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沃特世的1.1倍（$1.0B vs $932.4M），沃特世净利率更高（24.2% vs 13.4%，领先10.8%），安朗杰同比增速更快（9.7% vs 6.8%），过去两年沃特世的营收复合增速更高（21.0% vs 3.5%）
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
沃特世是总部位于美国马萨诸塞州米尔福德的企业，面向生命科学、材料、食品等行业，提供色谱、质谱、实验室信息学、流变测量领域所用的分析仪器及配套软件，为各领域的检测、研发等工作提供可靠技术支持。
ALLE vs WAT — 直观对比
营收规模更大
ALLE
是对方的1.1倍
$932.4M
营收增速更快
ALLE
高出2.9%
6.8%
净利率更高
WAT
高出10.8%
13.4%
两年增速更快
WAT
近两年复合增速
3.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $932.4M |
| 净利润 | $138.1M | $225.2M |
| 毛利率 | 44.0% | 61.1% |
| 营业利润率 | 18.9% | 29.0% |
| 净利率 | 13.4% | 24.2% |
| 营收同比 | 9.7% | 6.8% |
| 净利润同比 | -6.8% | -2.7% |
| 每股收益（稀释后） | — | $3.76 |
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ALLEWAT
| Q1 26 | $1.0B | — | ||
| Q4 25 | $1.0B | $932.4M | ||
| Q3 25 | $1.1B | $799.9M | ||
| Q2 25 | $1.0B | $771.3M | ||
| Q1 25 | $941.9M | $661.7M | ||
| Q4 24 | $945.6M | $872.7M | ||
| Q3 24 | $967.1M | $740.3M | ||
| Q2 24 | $965.6M | $708.5M |
净利润ALLEWAT
| Q1 26 | $138.1M | — | ||
| Q4 25 | $147.5M | $225.2M | ||
| Q3 25 | $188.4M | $148.9M | ||
| Q2 25 | $159.7M | $147.1M | ||
| Q1 25 | $148.2M | $121.4M | ||
| Q4 24 | $144.1M | $231.4M | ||
| Q3 24 | $174.2M | $161.5M | ||
| Q2 24 | $155.4M | $142.7M |
毛利率ALLEWAT
| Q1 26 | 44.0% | — | ||
| Q4 25 | 44.5% | 61.1% | ||
| Q3 25 | 45.8% | 59.0% | ||
| Q2 25 | 45.6% | 58.3% | ||
| Q1 25 | 44.9% | 58.2% | ||
| Q4 24 | 44.1% | 60.1% | ||
| Q3 24 | 44.7% | 59.3% | ||
| Q2 24 | 44.4% | 59.3% |
营业利润率ALLEWAT
| Q1 26 | 18.9% | — | ||
| Q4 25 | 20.3% | 29.0% | ||
| Q3 25 | 21.8% | 24.0% | ||
| Q2 25 | 21.5% | 24.4% | ||
| Q1 25 | 20.9% | 22.9% | ||
| Q4 24 | 19.5% | 33.5% | ||
| Q3 24 | 22.2% | 28.5% | ||
| Q2 24 | 21.6% | 26.7% |
净利率ALLEWAT
| Q1 26 | 13.4% | — | ||
| Q4 25 | 14.3% | 24.2% | ||
| Q3 25 | 17.6% | 18.6% | ||
| Q2 25 | 15.6% | 19.1% | ||
| Q1 25 | 15.7% | 18.3% | ||
| Q4 24 | 15.2% | 26.5% | ||
| Q3 24 | 18.0% | 21.8% | ||
| Q2 24 | 16.1% | 20.1% |
每股收益（稀释后）ALLEWAT
| Q1 26 | — | — | ||
| Q4 25 | $1.70 | $3.76 | ||
| Q3 25 | $2.18 | $2.50 | ||
| Q2 25 | $1.85 | $2.47 | ||
| Q1 25 | $1.71 | $2.03 | ||
| Q4 24 | $1.65 | $3.88 | ||
| Q3 24 | $1.99 | $2.71 | ||
| Q2 24 | $1.77 | $2.40 |
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 | $587.8M |
| 总债务越低越好 | $2.0B | $1.4B |
| 股东权益账面价值 | $2.1B | $2.6B |
| 总资产 | $5.3B | $5.1B |
| 负债/权益比越低杠杆越低 | 0.97× | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资ALLEWAT
| Q1 26 | $308.9M | — | ||
| Q4 25 | $356.2M | $587.8M | ||
| Q3 25 | $302.7M | $459.1M | ||
| Q2 25 | $656.8M | $367.2M | ||
| Q1 25 | $494.5M | $382.9M | ||
| Q4 24 | $503.8M | $325.4M | ||
| Q3 24 | $878.9M | $331.5M | ||
| Q2 24 | $747.5M | $327.4M |
总债务ALLEWAT
| Q1 26 | $2.0B | — | ||
| Q4 25 | $2.0B | $1.4B | ||
| Q3 25 | $2.1B | — | ||
| Q2 25 | $2.1B | — | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | $2.0B | $1.6B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — |
股东权益ALLEWAT
| Q1 26 | $2.1B | — | ||
| Q4 25 | $2.1B | $2.6B | ||
| Q3 25 | $1.9B | $2.3B | ||
| Q2 25 | $1.8B | $2.2B | ||
| Q1 25 | $1.6B | $2.0B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.4B | $1.4B |
总资产ALLEWAT
| Q1 26 | $5.3B | — | ||
| Q4 25 | $5.2B | $5.1B | ||
| Q3 25 | $5.2B | $4.9B | ||
| Q2 25 | $4.9B | $4.7B | ||
| Q1 25 | $4.6B | $4.6B | ||
| Q4 24 | $4.5B | $4.6B | ||
| Q3 24 | $5.0B | $4.5B | ||
| Q2 24 | $4.8B | $4.4B |
负债/权益比ALLEWAT
| Q1 26 | 0.97× | — | ||
| Q4 25 | 0.96× | 0.55× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 1.16× | — | ||
| Q1 25 | 1.24× | — | ||
| Q4 24 | 1.33× | 0.89× | ||
| 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 | $164.6M |
| 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× | 0.73× |
| 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ALLEWAT
| Q1 26 | $101.3M | — | ||
| Q4 25 | $240.1M | $164.6M | ||
| Q3 25 | $229.5M | $187.3M | ||
| Q2 25 | $209.7M | $41.1M | ||
| Q1 25 | $104.5M | $259.6M | ||
| Q4 24 | $219.0M | $240.1M | ||
| Q3 24 | $231.9M | $204.6M | ||
| Q2 24 | $173.0M | $54.5M |
自由现金流ALLEWAT
| 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ALLEWAT
| 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ALLEWAT
| 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ALLEWAT
| Q1 26 | 0.73× | — | ||
| Q4 25 | 1.63× | 0.73× | ||
| Q3 25 | 1.22× | 1.26× | ||
| Q2 25 | 1.31× | 0.28× | ||
| Q1 25 | 0.71× | 2.14× | ||
| Q4 24 | 1.52× | 1.04× | ||
| Q3 24 | 1.33× | 1.27× | ||
| Q2 24 | 1.11× | 0.38× |
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% |
WAT
暂无分部数据
