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Andersons, Inc.（ANDE）与APOGEE ENTERPRISES, INC.（APOG）财务数据对比。点击上方公司名可切换其他公司
APOGEE ENTERPRISES, INC.的季度营收约是Andersons, Inc.的1.1倍（$351.4M vs $329.5M），Andersons, Inc.净利率更高（20.5% vs 4.7%，领先15.7%），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs -2.4%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs -1.8%）
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
ANDE vs APOG — 直观对比
营收规模更大
APOG
是对方的1.1倍
$329.5M
营收增速更快
APOG
高出4.0%
-2.4%
净利率更高
ANDE
高出15.7%
4.7%
两年增速更快
APOG
近两年复合增速
-1.8%
损益表 — Q4 FY2025 vs Q4 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $329.5M | $351.4M |
| 净利润 | $67.4M | $16.6M |
| 毛利率 | 70.3% | 22.4% |
| 营业利润率 | 26.6% | 7.3% |
| 净利率 | 20.5% | 4.7% |
| 营收同比 | -2.4% | 1.6% |
| 净利润同比 | 49.6% | 568.8% |
| 每股收益（稀释后） | — | $0.78 |
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ANDEAPOG
| Q1 26 | — | $351.4M | ||
| Q4 25 | $329.5M | $348.6M | ||
| Q3 25 | $295.8M | $358.2M | ||
| Q2 25 | $535.0M | $346.6M | ||
| Q1 25 | $370.8M | $345.7M | ||
| Q4 24 | $337.5M | $341.3M | ||
| Q3 24 | $231.9M | $342.4M | ||
| Q2 24 | $492.5M | $331.5M |
净利润ANDEAPOG
| Q1 26 | — | $16.6M | ||
| Q4 25 | $67.4M | $16.5M | ||
| Q3 25 | $20.1M | $23.6M | ||
| Q2 25 | $7.9M | $-2.7M | ||
| Q1 25 | $284.0K | $2.5M | ||
| Q4 24 | $45.1M | $21.0M | ||
| Q3 24 | $27.4M | $30.6M | ||
| Q2 24 | $36.0M | $31.0M |
毛利率ANDEAPOG
| Q1 26 | — | 22.4% | ||
| Q4 25 | 70.3% | 23.8% | ||
| Q3 25 | 57.8% | 23.1% | ||
| Q2 25 | 29.6% | 21.7% | ||
| Q1 25 | 41.2% | 21.6% | ||
| Q4 24 | 63.1% | 26.1% | ||
| Q3 24 | 76.4% | 28.4% | ||
| Q2 24 | 35.6% | 29.8% |
营业利润率ANDEAPOG
| Q1 26 | — | 7.3% | ||
| Q4 25 | 26.6% | 7.1% | ||
| Q3 25 | 8.7% | 7.5% | ||
| Q2 25 | 4.6% | 2.0% | ||
| Q1 25 | 0.9% | 1.8% | ||
| Q4 24 | 19.9% | 8.4% | ||
| Q3 24 | 26.8% | 12.3% | ||
| Q2 24 | 11.6% | 12.5% |
净利率ANDEAPOG
| Q1 26 | — | 4.7% | ||
| Q4 25 | 20.5% | 4.7% | ||
| Q3 25 | 6.8% | 6.6% | ||
| Q2 25 | 1.5% | -0.8% | ||
| Q1 25 | 0.1% | 0.7% | ||
| Q4 24 | 13.4% | 6.1% | ||
| Q3 24 | 11.8% | 8.9% | ||
| Q2 24 | 7.3% | 9.4% |
每股收益（稀释后）ANDEAPOG
| Q1 26 | — | $0.78 | ||
| Q4 25 | — | $0.77 | ||
| Q3 25 | $0.59 | $1.10 | ||
| Q2 25 | $0.23 | $-0.13 | ||
| Q1 25 | $0.01 | $0.12 | ||
| Q4 24 | $1.31 | $0.96 | ||
| Q3 24 | $0.80 | $1.40 | ||
| Q2 24 | $1.05 | $1.41 |
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 | $98.3M | $39.5M |
| 总债务越低越好 | $560.0M | $232.3M |
| 股东权益账面价值 | $1.2B | $511.8M |
| 总资产 | $3.7B | $1.1B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.45× |
8季度趋势，按日历期对齐
现金及短期投资ANDEAPOG
| Q1 26 | — | $39.5M | ||
| Q4 25 | $98.3M | $41.3M | ||
| Q3 25 | — | $39.5M | ||
| Q2 25 | — | $32.8M | ||
| Q1 25 | — | $41.4M | ||
| Q4 24 | $561.8M | $43.9M | ||
| Q3 24 | — | $51.0M | ||
| Q2 24 | — | $30.4M |
总债务ANDEAPOG
| Q1 26 | — | $232.3M | ||
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $285.0M | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ANDEAPOG
| Q1 26 | — | $511.8M | ||
| Q4 25 | $1.2B | $512.3M | ||
| Q3 25 | $1.2B | $500.2M | ||
| Q2 25 | $1.4B | $481.8M | ||
| Q1 25 | $1.4B | $487.9M | ||
| Q4 24 | $1.4B | $522.1M | ||
| Q3 24 | $1.3B | $506.4M | ||
| Q2 24 | $1.3B | $480.0M |
总资产ANDEAPOG
| Q1 26 | — | $1.1B | ||
| Q4 25 | $3.7B | $1.1B | ||
| Q3 25 | $3.3B | $1.2B | ||
| Q2 25 | $3.4B | $1.2B | ||
| Q1 25 | $3.8B | $1.2B | ||
| Q4 24 | $4.1B | $1.2B | ||
| Q3 24 | $3.4B | $917.1M | ||
| Q2 24 | $3.3B | $889.0M |
负债/权益比ANDEAPOG
| Q1 26 | — | 0.45× | ||
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.58× | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $-6.2M | $122.5M |
| 自由现金流经营现金流 - 资本支出 | $-77.1M | — |
| 自由现金流率自由现金流/营收 | -23.4% | — |
| 资本支出强度资本支出/营收 | 21.5% | 7.8% |
| 现金转化率经营现金流/净利润 | -0.09× | 7.37× |
| 过去12个月自由现金流最近4个季度 | $-56.1M | — |
8季度趋势，按日历期对齐
经营现金流ANDEAPOG
| Q1 26 | — | $122.5M | ||
| Q4 25 | $-6.2M | $29.3M | ||
| Q3 25 | $233.9M | $57.1M | ||
| Q2 25 | $299.3M | $-19.8M | ||
| Q1 25 | $-350.0M | $30.0M | ||
| Q4 24 | $268.8M | $31.0M | ||
| Q3 24 | $-2.1M | $58.7M | ||
| Q2 24 | $304.4M | $5.5M |
自由现金流ANDEAPOG
| Q1 26 | — | — | ||
| Q4 25 | $-77.1M | $22.9M | ||
| Q3 25 | $167.0M | $52.4M | ||
| Q2 25 | $250.5M | $-26.9M | ||
| Q1 25 | $-396.6M | $19.1M | ||
| Q4 24 | $212.9M | $22.0M | ||
| Q3 24 | $-40.0M | $50.2M | ||
| Q2 24 | $275.8M | $-1.8M |
自由现金流率ANDEAPOG
| Q1 26 | — | — | ||
| Q4 25 | -23.4% | 6.6% | ||
| Q3 25 | 56.5% | 14.6% | ||
| Q2 25 | 46.8% | -7.8% | ||
| Q1 25 | -106.9% | 5.5% | ||
| Q4 24 | 63.1% | 6.4% | ||
| Q3 24 | -17.2% | 14.7% | ||
| Q2 24 | 56.0% | -0.5% |
资本支出强度ANDEAPOG
| Q1 26 | — | 7.8% | ||
| Q4 25 | 21.5% | 1.9% | ||
| Q3 25 | 22.6% | 1.3% | ||
| Q2 25 | 9.1% | 2.1% | ||
| Q1 25 | 12.6% | 3.2% | ||
| Q4 24 | 16.6% | 2.6% | ||
| Q3 24 | 16.3% | 2.5% | ||
| Q2 24 | 5.8% | 2.2% |
现金转化率ANDEAPOG
| Q1 26 | — | 7.37× | ||
| Q4 25 | -0.09× | 1.77× | ||
| Q3 25 | 11.61× | 2.41× | ||
| Q2 25 | 38.10× | — | ||
| Q1 25 | -1232.46× | 12.08× | ||
| Q4 24 | 5.96× | 1.48× | ||
| Q3 24 | -0.08× | 1.92× | ||
| Q2 24 | 8.46× | 0.18× |
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
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
