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安朗杰（ALLE）与XPEL, Inc.（XPEL）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XPEL, Inc.的8.5倍（$1.0B vs $122.3M）。安朗杰净利率更高（14.3% vs 11.0%，领先3.3%）。XPEL, Inc.同比增速更快（13.7% vs 9.3%）。安朗杰自由现金流更多（$200.5M vs $1.6M）。过去两年XPEL, Inc.的营收复合增速更高（16.5% 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
XPEL是全球知名的高性能表面保护膜解决方案供应商，核心产品涵盖汽车漆面保护膜、车窗隔热膜、陶瓷涂层等，业务覆盖北美、欧洲、亚太等主要市场，服务对象包括普通车主、汽车经销商及专业安装服务商。
ALLE vs XPEL — 直观对比
营收规模更大
ALLE
是对方的8.5倍
$122.3M
营收增速更快
XPEL
高出4.4%
9.3%
净利率更高
ALLE
高出3.3%
11.0%
自由现金流更多
ALLE
多$198.9M
$1.6M
两年增速更快
XPEL
近两年复合增速
7.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $1.0B | $122.3M |
| 净利润 | $147.5M | $13.4M |
| 毛利率 | 44.5% | 41.9% |
| 营业利润率 | 20.3% | 12.7% |
| 净利率 | 14.3% | 11.0% |
| 营收同比 | 9.3% | 13.7% |
| 净利润同比 | 2.4% | 50.7% |
| 每股收益（稀释后） | $1.70 | $0.48 |
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ALLEXPEL
| Q4 25 | $1.0B | $122.3M | ||
| Q3 25 | $1.1B | $125.4M | ||
| Q2 25 | $1.0B | $124.7M | ||
| Q1 25 | $941.9M | $103.8M | ||
| Q4 24 | $945.6M | $107.5M | ||
| Q3 24 | $967.1M | $112.9M | ||
| Q2 24 | $965.6M | $109.9M | ||
| Q1 24 | $893.9M | $90.1M |
净利润ALLEXPEL
| Q4 25 | $147.5M | $13.4M | ||
| Q3 25 | $188.4M | $12.9M | ||
| Q2 25 | $159.7M | $16.3M | ||
| Q1 25 | $148.2M | $8.6M | ||
| Q4 24 | $144.1M | $8.9M | ||
| Q3 24 | $174.2M | $14.9M | ||
| Q2 24 | $155.4M | $15.0M | ||
| Q1 24 | $123.8M | $6.7M |
毛利率ALLEXPEL
| Q4 25 | 44.5% | 41.9% | ||
| Q3 25 | 45.8% | 41.8% | ||
| Q2 25 | 45.6% | 42.9% | ||
| Q1 25 | 44.9% | 42.3% | ||
| Q4 24 | 44.1% | 40.6% | ||
| Q3 24 | 44.7% | 42.5% | ||
| Q2 24 | 44.4% | 43.5% | ||
| Q1 24 | 43.8% | 42.0% |
营业利润率ALLEXPEL
| Q4 25 | 20.3% | 12.7% | ||
| Q3 25 | 21.8% | 13.4% | ||
| Q2 25 | 21.5% | 15.5% | ||
| Q1 25 | 20.9% | 10.7% | ||
| Q4 24 | 19.5% | 11.5% | ||
| Q3 24 | 22.2% | 16.3% | ||
| Q2 24 | 21.6% | 17.5% | ||
| Q1 24 | 19.3% | 10.2% |
净利率ALLEXPEL
| Q4 25 | 14.3% | 11.0% | ||
| Q3 25 | 17.6% | 10.3% | ||
| Q2 25 | 15.6% | 13.1% | ||
| Q1 25 | 15.7% | 8.3% | ||
| Q4 24 | 15.2% | 8.3% | ||
| Q3 24 | 18.0% | 13.2% | ||
| Q2 24 | 16.1% | 13.7% | ||
| Q1 24 | 13.8% | 7.4% |
每股收益（稀释后）ALLEXPEL
| Q4 25 | $1.70 | $0.48 | ||
| Q3 25 | $2.18 | $0.47 | ||
| Q2 25 | $1.85 | $0.59 | ||
| Q1 25 | $1.71 | $0.31 | ||
| Q4 24 | $1.65 | $0.33 | ||
| Q3 24 | $1.99 | $0.54 | ||
| Q2 24 | $1.77 | $0.54 | ||
| Q1 24 | $1.41 | $0.24 |
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 | $50.9M |
| 总债务越低越好 | $2.0B | — |
| 股东权益账面价值 | $2.1B | $280.3M |
| 总资产 | $5.2B | $382.5M |
| 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ALLEXPEL
| Q4 25 | $356.2M | $50.9M | ||
| Q3 25 | $302.7M | $64.5M | ||
| Q2 25 | $656.8M | $49.6M | ||
| Q1 25 | $494.5M | $23.5M | ||
| Q4 24 | $503.8M | $22.1M | ||
| Q3 24 | $878.9M | $21.0M | ||
| Q2 24 | $747.5M | $15.0M | ||
| Q1 24 | $391.8M | $8.6M |
总债务ALLEXPEL
| 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 | — | ||
| Q1 24 | $2.0B | — |
股东权益ALLEXPEL
| Q4 25 | $2.1B | $280.3M | ||
| Q3 25 | $1.9B | $269.3M | ||
| Q2 25 | $1.8B | $255.7M | ||
| Q1 25 | $1.6B | $235.5M | ||
| Q4 24 | $1.5B | $225.5M | ||
| Q3 24 | $1.6B | $218.7M | ||
| Q2 24 | $1.4B | $201.9M | ||
| Q1 24 | $1.4B | $186.4M |
总资产ALLEXPEL
| Q4 25 | $5.2B | $382.5M | ||
| Q3 25 | $5.2B | $387.7M | ||
| Q2 25 | $4.9B | $318.1M | ||
| Q1 25 | $4.6B | $294.8M | ||
| Q4 24 | $4.5B | $285.6M | ||
| Q3 24 | $5.0B | $273.0M | ||
| Q2 24 | $4.8B | $261.8M | ||
| Q1 24 | $4.3B | $258.5M |
负债/权益比ALLEXPEL
| 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 | $2.7M |
| 自由现金流经营现金流 - 资本支出 | $200.5M | $1.6M |
| 自由现金流率自由现金流/营收 | 19.4% | 1.3% |
| 资本支出强度资本支出/营收 | 3.8% | 0.9% |
| 现金转化率经营现金流/净利润 | 1.63× | 0.20× |
| 过去12个月自由现金流最近4个季度 | $685.7M | $62.9M |
8季度趋势，按日历期对齐
经营现金流ALLEXPEL
| Q4 25 | $240.1M | $2.7M | ||
| Q3 25 | $229.5M | $33.2M | ||
| Q2 25 | $209.7M | $27.9M | ||
| Q1 25 | $104.5M | $3.2M | ||
| Q4 24 | $219.0M | $6.3M | ||
| Q3 24 | $231.9M | $19.6M | ||
| Q2 24 | $173.0M | $26.9M | ||
| Q1 24 | $51.1M | $-5.0M |
自由现金流ALLEXPEL
| Q4 25 | $200.5M | $1.6M | ||
| Q3 25 | $209.8M | $32.2M | ||
| Q2 25 | $192.0M | $26.9M | ||
| Q1 25 | $83.4M | $2.2M | ||
| Q4 24 | $194.9M | $4.7M | ||
| Q3 24 | $212.0M | $18.3M | ||
| Q2 24 | $152.1M | $25.1M | ||
| Q1 24 | $23.9M | $-7.0M |
自由现金流率ALLEXPEL
| Q4 25 | 19.4% | 1.3% | ||
| Q3 25 | 19.6% | 25.6% | ||
| Q2 25 | 18.8% | 21.6% | ||
| Q1 25 | 8.9% | 2.1% | ||
| Q4 24 | 20.6% | 4.4% | ||
| Q3 24 | 21.9% | 16.2% | ||
| Q2 24 | 15.8% | 22.8% | ||
| Q1 24 | 2.7% | -7.7% |
资本支出强度ALLEXPEL
| Q4 25 | 3.8% | 0.9% | ||
| Q3 25 | 1.8% | 0.8% | ||
| Q2 25 | 1.7% | 0.8% | ||
| Q1 25 | 2.2% | 1.0% | ||
| Q4 24 | 2.5% | 1.5% | ||
| Q3 24 | 2.1% | 1.1% | ||
| Q2 24 | 2.2% | 1.6% | ||
| Q1 24 | 3.0% | 2.2% |
现金转化率ALLEXPEL
| Q4 25 | 1.63× | 0.20× | ||
| Q3 25 | 1.22× | 2.56× | ||
| Q2 25 | 1.31× | 1.71× | ||
| Q1 25 | 0.71× | 0.38× | ||
| Q4 24 | 1.52× | 0.71× | ||
| Q3 24 | 1.33× | 1.31× | ||
| Q2 24 | 1.11× | 1.79× | ||
| Q1 24 | 0.41× | -0.74× |
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% |
XPEL
| Products | $90.9M | 74% |
| Service Revenue Installation Labor | $23.8M | 19% |
| Service Revenue Cutbank Credits | $4.1M | 3% |
| Service Revenue Software | $2.2M | 2% |
