vs
ALERUS FINANCIAL CORP（ALRS）与标普全球（SPGI）财务数据对比。点击上方公司名可切换其他公司
标普全球的季度营收约是ALERUS FINANCIAL CORP的86.7倍（$3.9B vs $45.2M）。标普全球净利率更高（28.9% vs -73.2%，领先102.1%）。ALERUS FINANCIAL CORP同比增速更快（18.0% vs 9.0%）。标普全球自由现金流更多（$1.7B vs $15.3M）。过去两年ALERUS FINANCIAL CORP的营收复合增速更高（42.6% vs 5.9%）
阿勒鲁斯金融公司（品牌简称Alerus）是一家连锁金融机构，总部位于北达科他州大福克斯，网点分布在北达科他、明尼苏达、威斯康星与亚利桑那州，为客户提供银行、抵押贷款、财富管理以及退休规划等多种金融服务。
标普全球是总部位于美国纽约曼哈顿的上市企业，核心业务涵盖金融信息、数据分析、能源及大宗商品情报服务，旗下拥有标普全球评级、标普全球市场财智、标普全球能源、标普全球移动、印度信用评级机构CRISIL等业务板块，同时控股合资企业标普道琼斯指数。
ALRS vs SPGI — 直观对比
营收规模更大
SPGI
是对方的86.7倍
$45.2M
营收增速更快
ALRS
高出9.0%
9.0%
净利率更高
SPGI
高出102.1%
-73.2%
自由现金流更多
SPGI
多$1.7B
$15.3M
两年增速更快
ALRS
近两年复合增速
5.9%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $45.2M | $3.9B |
| 净利润 | $-33.1M | $1.1B |
| 毛利率 | — | 70.1% |
| 营业利润率 | -96.0% | 42.7% |
| 净利率 | -73.2% | 28.9% |
| 营收同比 | 18.0% | 9.0% |
| 净利润同比 | -49232.8% | 28.9% |
| 每股收益（稀释后） | $-1.27 | $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ALRSSPGI
| Q4 25 | $45.2M | $3.9B | ||
| Q3 25 | $43.1M | $3.9B | ||
| Q2 25 | $43.0M | $3.8B | ||
| Q1 25 | $41.2M | $3.8B | ||
| Q4 24 | $38.3M | $3.6B | ||
| Q3 24 | $22.5M | $3.6B | ||
| Q2 24 | $24.0M | $3.5B | ||
| Q1 24 | $22.2M | $3.5B |
净利润ALRSSPGI
| Q4 25 | $-33.1M | $1.1B | ||
| Q3 25 | $16.9M | $1.2B | ||
| Q2 25 | $20.3M | $1.1B | ||
| Q1 25 | $13.3M | $1.1B | ||
| Q4 24 | $-67.0K | $879.0M | ||
| Q3 24 | $5.2M | $971.0M | ||
| Q2 24 | $6.2M | $1.0B | ||
| Q1 24 | $6.4M | $991.0M |
毛利率ALRSSPGI
| Q4 25 | — | 70.1% | ||
| Q3 25 | — | 71.2% | ||
| Q2 25 | — | 70.2% | ||
| Q1 25 | — | 69.5% | ||
| Q4 24 | — | 69.8% | ||
| Q3 24 | — | 70.0% | ||
| Q2 24 | — | 69.4% | ||
| Q1 24 | — | 67.9% |
营业利润率ALRSSPGI
| Q4 25 | -96.0% | 42.7% | ||
| Q3 25 | 51.1% | 43.1% | ||
| Q2 25 | 61.2% | 41.3% | ||
| Q1 25 | 42.7% | 41.8% | ||
| Q4 24 | -0.8% | 36.4% | ||
| Q3 24 | 30.2% | 40.1% | ||
| Q2 24 | 33.9% | 40.9% | ||
| Q1 24 | 38.4% | 39.7% |
净利率ALRSSPGI
| Q4 25 | -73.2% | 28.9% | ||
| Q3 25 | 39.2% | 30.2% | ||
| Q2 25 | 47.1% | 28.5% | ||
| Q1 25 | 32.4% | 28.9% | ||
| Q4 24 | -0.2% | 24.5% | ||
| Q3 24 | 23.1% | 27.2% | ||
| Q2 24 | 25.9% | 28.5% | ||
| Q1 24 | 28.9% | 28.4% |
每股收益（稀释后）ALRSSPGI
| Q4 25 | $-1.27 | $3.76 | ||
| Q3 25 | $0.65 | $3.86 | ||
| Q2 25 | $0.78 | $3.50 | ||
| Q1 25 | $0.52 | $3.54 | ||
| Q4 24 | $-0.06 | $2.85 | ||
| Q3 24 | $0.26 | $3.11 | ||
| Q2 24 | $0.31 | $3.23 | ||
| Q1 24 | $0.32 | $3.16 |
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 | $67.2M | $1.8B |
| 总债务越低越好 | $59.2M | $13.1B |
| 股东权益账面价值 | $564.9M | $31.1B |
| 总资产 | $5.2B | $61.2B |
| 负债/权益比越低杠杆越低 | 0.10× | 0.42× |
8季度趋势，按日历期对齐
现金及短期投资ALRSSPGI
| Q4 25 | $67.2M | $1.8B | ||
| Q3 25 | $92.0M | $1.7B | ||
| Q2 25 | $80.9M | $1.8B | ||
| Q1 25 | $83.0M | $1.5B | ||
| Q4 24 | $61.2M | $1.7B | ||
| Q3 24 | $66.0M | $1.7B | ||
| Q2 24 | $438.1M | $2.0B | ||
| Q1 24 | $545.8M | $1.5B |
总债务ALRSSPGI
| Q4 25 | $59.2M | $13.1B | ||
| Q3 25 | $59.2M | $11.4B | ||
| Q2 25 | $59.1M | $11.4B | ||
| Q1 25 | $59.1M | $11.4B | ||
| Q4 24 | $59.1M | $11.4B | ||
| Q3 24 | $59.0M | $11.4B | ||
| Q2 24 | $59.0M | $11.4B | ||
| Q1 24 | $59.0M | $11.7B |
股东权益ALRSSPGI
| Q4 25 | $564.9M | $31.1B | ||
| Q3 25 | $550.7M | $33.1B | ||
| Q2 25 | $533.2M | $33.4B | ||
| Q1 25 | $514.2M | $33.4B | ||
| Q4 24 | $495.4M | $33.2B | ||
| Q3 24 | $386.5M | $34.0B | ||
| Q2 24 | $373.2M | $34.9B | ||
| Q1 24 | $371.6M | $34.3B |
总资产ALRSSPGI
| Q4 25 | $5.2B | $61.2B | ||
| Q3 25 | $5.3B | $59.7B | ||
| Q2 25 | $5.3B | $60.4B | ||
| Q1 25 | $5.3B | $59.9B | ||
| Q4 24 | $5.3B | $60.2B | ||
| Q3 24 | $4.4B | $60.4B | ||
| Q2 24 | $4.4B | $61.0B | ||
| Q1 24 | $4.3B | $60.5B |
负债/权益比ALRSSPGI
| Q4 25 | 0.10× | 0.42× | ||
| Q3 25 | 0.11× | 0.34× | ||
| Q2 25 | 0.11× | 0.34× | ||
| Q1 25 | 0.11× | 0.34× | ||
| Q4 24 | 0.12× | 0.34× | ||
| Q3 24 | 0.15× | 0.34× | ||
| Q2 24 | 0.16× | 0.33× | ||
| Q1 24 | 0.16× | 0.34× |
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 | $16.3M | $1.7B |
| 自由现金流经营现金流 - 资本支出 | $15.3M | $1.7B |
| 自由现金流率自由现金流/营收 | 33.9% | 43.5% |
| 资本支出强度资本支出/营收 | 2.3% | 1.2% |
| 现金转化率经营现金流/净利润 | — | 1.54× |
| 过去12个月自由现金流最近4个季度 | $58.8M | $5.5B |
8季度趋势，按日历期对齐
经营现金流ALRSSPGI
| Q4 25 | $16.3M | $1.7B | ||
| Q3 25 | $32.8M | $1.5B | ||
| Q2 25 | $10.7M | $1.4B | ||
| Q1 25 | $7.7M | $953.0M | ||
| Q4 24 | $2.3M | $1.7B | ||
| Q3 24 | $20.2M | $1.4B | ||
| Q2 24 | $-12.5M | $1.6B | ||
| Q1 24 | $11.7M | $948.0M |
自由现金流ALRSSPGI
| Q4 25 | $15.3M | $1.7B | ||
| Q3 25 | $30.3M | $1.5B | ||
| Q2 25 | $7.6M | $1.4B | ||
| Q1 25 | $5.7M | $910.0M | ||
| Q4 24 | $-2.7M | $1.7B | ||
| Q3 24 | $17.4M | $1.4B | ||
| Q2 24 | $-16.1M | $1.5B | ||
| Q1 24 | $10.8M | $924.0M |
自由现金流率ALRSSPGI
| Q4 25 | 33.9% | 43.5% | ||
| Q3 25 | 70.3% | 37.6% | ||
| Q2 25 | 17.6% | 36.9% | ||
| Q1 25 | 13.8% | 24.1% | ||
| Q4 24 | -7.1% | 47.5% | ||
| Q3 24 | 77.3% | 39.4% | ||
| Q2 24 | -67.3% | 42.9% | ||
| Q1 24 | 48.7% | 26.5% |
资本支出强度ALRSSPGI
| Q4 25 | 2.3% | 1.2% | ||
| Q3 25 | 5.7% | 1.2% | ||
| Q2 25 | 7.3% | 1.6% | ||
| Q1 25 | 5.0% | 1.1% | ||
| Q4 24 | 13.2% | 0.9% | ||
| Q3 24 | 12.3% | 1.0% | ||
| Q2 24 | 15.4% | 0.9% | ||
| Q1 24 | 4.0% | 0.7% |
现金转化率ALRSSPGI
| Q4 25 | — | 1.54× | ||
| Q3 25 | 1.94× | 1.28× | ||
| Q2 25 | 0.53× | 1.35× | ||
| Q1 25 | 0.58× | 0.87× | ||
| Q4 24 | — | 1.98× | ||
| Q3 24 | 3.88× | 1.49× | ||
| Q2 24 | -2.01× | 1.54× | ||
| Q1 24 | 1.82× | 0.96× |
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
ALRS
| Other | $17.3M | 38% |
| Retirement And Benefit Services | $17.3M | 38% |
| Wealth Management | $7.4M | 16% |
| Mortgage Banking | $3.2M | 7% |
SPGI
| Subscription | $1.1B | 27% |
| Other | $706.0M | 18% |
| Non Transaction | $602.0M | 15% |
| Indices Segment | $495.0M | 13% |
| Mobility Segment | $444.0M | 11% |
| Asset Linked Fees | $329.0M | 8% |
| Recurring Variable Revenue | $157.0M | 4% |
| Related Party | $46.0M | 1% |
| Non Subscription Transaction | $45.0M | 1% |
| Sales Usage Based Royalties | $30.0M | 1% |
