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AMPCO PITTSBURGH CORP（AP）与DULUTH HOLDINGS INC.（DLTH）财务数据对比。点击上方公司名可切换其他公司
DULUTH HOLDINGS INC.的季度营收约是AMPCO PITTSBURGH CORP的1.1倍（$114.9M vs $104.4M），DULUTH HOLDINGS INC.净利率更高（-8.8% vs -55.2%，领先46.5%），AMPCO PITTSBURGH CORP同比增速更快（11.5% vs -9.6%），AMPCO PITTSBURGH CORP自由现金流更多（$-64.0K vs $-8.9M），过去两年AMPCO PITTSBURGH CORP的营收复合增速更高（-2.6% vs -31.6%）
安普科匹兹堡公司是一家特种钢材制造商，总部位于宾夕法尼亚州匹兹堡市中心，1929年由多家此前已成立的小型钢铁企业合并组建而成。需要注意区分它和其他同样带有Ampco名称的企业，比如位于密尔沃基的铜基合金生产商、迈阿密的橱柜企业等。
德卢思控股是一家美国工装及配饰企业，主打通过旗下德卢思贸易品牌开展产品销售业务，面向市场推出各类实用工装及相关配饰产品，是美国本土颇具特色的服饰零售企业。
AP vs DLTH — 直观对比
营收规模更大
DLTH
是对方的1.1倍
$104.4M
营收增速更快
AP
高出21.0%
-9.6%
净利率更高
DLTH
高出46.5%
-55.2%
自由现金流更多
AP
多$8.9M
$-8.9M
两年增速更快
AP
近两年复合增速
-31.6%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $104.4M | $114.9M |
| 净利润 | $-57.7M | $-10.1M |
| 毛利率 | — | 53.8% |
| 营业利润率 | -54.0% | -7.7% |
| 净利率 | -55.2% | -8.8% |
| 营收同比 | 11.5% | -9.6% |
| 净利润同比 | -1958.9% | 64.6% |
| 每股收益（稀释后） | $-2.87 | $-0.29 |
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APDLTH
| Q4 25 | $104.4M | $114.9M | ||
| Q3 25 | $103.7M | $131.7M | ||
| Q2 25 | $108.9M | $102.7M | ||
| Q1 25 | $99.2M | $241.3M | ||
| Q4 24 | $93.6M | $127.1M | ||
| Q3 24 | $92.1M | $141.6M | ||
| Q2 24 | $107.1M | $116.7M | ||
| Q1 24 | $110.0M | $245.6M |
净利润APDLTH
| Q4 25 | $-57.7M | $-10.1M | ||
| Q3 25 | $-2.2M | $1.3M | ||
| Q2 25 | $-7.3M | $-15.3M | ||
| Q1 25 | $1.1M | $-5.6M | ||
| Q4 24 | $3.1M | $-28.2M | ||
| Q3 24 | $-2.0M | $-2.0M | ||
| Q2 24 | $2.0M | $-7.9M | ||
| Q1 24 | $-2.7M | $6.4M |
毛利率APDLTH
| Q4 25 | — | 53.8% | ||
| Q3 25 | — | 54.7% | ||
| Q2 25 | — | 52.0% | ||
| Q1 25 | — | 44.1% | ||
| Q4 24 | — | 52.3% | ||
| Q3 24 | — | 52.3% | ||
| Q2 24 | — | 52.8% | ||
| Q1 24 | — | 48.2% |
营业利润率APDLTH
| Q4 25 | -54.0% | -7.7% | ||
| Q3 25 | 1.1% | 1.8% | ||
| Q2 25 | -2.8% | -12.0% | ||
| Q1 25 | 3.9% | -1.8% | ||
| Q4 24 | 5.5% | -17.4% | ||
| Q3 24 | 2.0% | -1.1% | ||
| Q2 24 | 4.7% | -7.7% | ||
| Q1 24 | 0.1% | 3.6% |
净利率APDLTH
| Q4 25 | -55.2% | -8.8% | ||
| Q3 25 | -2.1% | 1.0% | ||
| Q2 25 | -6.7% | -14.9% | ||
| Q1 25 | 1.2% | -2.3% | ||
| Q4 24 | 3.3% | -22.2% | ||
| Q3 24 | -2.1% | -1.4% | ||
| Q2 24 | 1.9% | -6.7% | ||
| Q1 24 | -2.5% | 2.6% |
每股收益（稀释后）APDLTH
| Q4 25 | $-2.87 | $-0.29 | ||
| Q3 25 | $-0.11 | $0.04 | ||
| Q2 25 | $-0.36 | $-0.45 | ||
| Q1 25 | $0.06 | $-0.17 | ||
| Q4 24 | $0.16 | $-0.84 | ||
| Q3 24 | $-0.10 | $-0.06 | ||
| Q2 24 | $0.10 | $-0.24 | ||
| Q1 24 | $-0.14 | $0.20 |
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 | $10.7M | $8.2M |
| 总债务越低越好 | $117.9M | — |
| 股东权益账面价值 | $32.6M | $160.6M |
| 总资产 | $495.4M | $468.0M |
| 负债/权益比越低杠杆越低 | 3.61× | — |
8季度趋势，按日历期对齐
现金及短期投资APDLTH
| Q4 25 | $10.7M | $8.2M | ||
| Q3 25 | $15.0M | $5.7M | ||
| Q2 25 | $9.9M | $8.6M | ||
| Q1 25 | $7.1M | $3.3M | ||
| Q4 24 | $15.4M | $9.3M | ||
| Q3 24 | $11.8M | $9.8M | ||
| Q2 24 | $7.9M | $6.8M | ||
| Q1 24 | $10.8M | $32.2M |
总债务APDLTH
| Q4 25 | $117.9M | — | ||
| Q3 25 | $119.0M | — | ||
| Q2 25 | $115.9M | — | ||
| Q1 25 | $115.0M | — | ||
| Q4 24 | $116.4M | — | ||
| Q3 24 | $116.0M | — | ||
| Q2 24 | $119.4M | — | ||
| Q1 24 | $116.2M | — |
股东权益APDLTH
| Q4 25 | $32.6M | $160.6M | ||
| Q3 25 | $60.1M | $170.0M | ||
| Q2 25 | $62.7M | $167.9M | ||
| Q1 25 | $64.6M | $182.7M | ||
| Q4 24 | $58.9M | $188.1M | ||
| Q3 24 | $61.3M | $215.7M | ||
| Q2 24 | $58.0M | $218.4M | ||
| Q1 24 | $56.3M | $222.8M |
总资产APDLTH
| Q4 25 | $495.4M | $468.0M | ||
| Q3 25 | $524.4M | $433.8M | ||
| Q2 25 | $537.2M | $463.7M | ||
| Q1 25 | $536.2M | $452.4M | ||
| Q4 24 | $530.9M | $533.1M | ||
| Q3 24 | $547.4M | $488.6M | ||
| Q2 24 | $560.8M | $471.4M | ||
| Q1 24 | $565.8M | $491.2M |
负债/权益比APDLTH
| Q4 25 | 3.61× | — | ||
| Q3 25 | 1.98× | — | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.98× | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 2.06× | — | ||
| Q1 24 | 2.06× | — |
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 | $2.7M | $-6.7M |
| 自由现金流经营现金流 - 资本支出 | $-64.0K | $-8.9M |
| 自由现金流率自由现金流/营收 | -0.1% | -7.8% |
| 资本支出强度资本支出/营收 | 2.7% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-8.1M | $1.7M |
8季度趋势，按日历期对齐
经营现金流APDLTH
| Q4 25 | $2.7M | $-6.7M | ||
| Q3 25 | $6.3M | $32.0M | ||
| Q2 25 | $-2.3M | $-56.5M | ||
| Q1 25 | $-5.3M | $41.2M | ||
| Q4 24 | $7.5M | $-41.1M | ||
| Q3 24 | $11.4M | $16.6M | ||
| Q2 24 | $-5.3M | $-33.7M | ||
| Q1 24 | $4.5M | $69.7M |
自由现金流APDLTH
| Q4 25 | $-64.0K | $-8.9M | ||
| Q3 25 | $3.3M | $29.8M | ||
| Q2 25 | $-3.8M | $-57.8M | ||
| Q1 25 | $-7.5M | $38.7M | ||
| Q4 24 | $3.7M | $-43.7M | ||
| Q3 24 | $8.4M | $15.0M | ||
| Q2 24 | $-8.0M | $-35.2M | ||
| Q1 24 | $1.7M | $60.6M |
自由现金流率APDLTH
| Q4 25 | -0.1% | -7.8% | ||
| Q3 25 | 3.2% | 22.6% | ||
| Q2 25 | -3.5% | -56.3% | ||
| Q1 25 | -7.5% | 16.0% | ||
| Q4 24 | 4.0% | -34.4% | ||
| Q3 24 | 9.1% | 10.6% | ||
| Q2 24 | -7.5% | -30.2% | ||
| Q1 24 | 1.5% | 24.7% |
资本支出强度APDLTH
| Q4 25 | 2.7% | 2.0% | ||
| Q3 25 | 2.9% | 1.7% | ||
| Q2 25 | 1.3% | 1.3% | ||
| Q1 25 | 2.2% | 1.0% | ||
| Q4 24 | 4.0% | 2.1% | ||
| Q3 24 | 3.2% | 1.2% | ||
| Q2 24 | 2.5% | 1.3% | ||
| Q1 24 | 2.6% | 3.7% |
现金转化率APDLTH
| Q4 25 | — | — | ||
| Q3 25 | — | 25.40× | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.62× | — | ||
| Q4 24 | 2.40× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.64× | — | ||
| Q1 24 | — | 10.86× |
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
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
DLTH
| Sales Channel Directly To Consumer | $67.4M | 59% |
| Sales Channel Through Intermediary | $47.4M | 41% |
