vs
Artisan Partners Asset Management Inc.（APAM）与哈雷戴维森（HOG）财务数据对比。点击上方公司名可切换其他公司
哈雷戴维森的季度营收约是Artisan Partners Asset Management Inc.的1.2倍（$390.5M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -72.3%，领先107.5%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -9.4%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $100.4M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs -48.6%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
哈雷戴维森是源自美国的摩托车制造商与生活方式品牌，总部位于威斯康星州密尔沃基，创立于1903年。它是大萧条时期幸存下来的两大美国摩托车厂商之一，历经多次股权变动、子公司调整、经营困境与全球竞争，如今已是全球知名的标志性品牌。
APAM vs HOG — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $390.5M |
| 净利润 | $118.1M | $-282.6M |
| 毛利率 | — | -7.9% |
| 营业利润率 | 39.2% | -92.4% |
| 净利率 | 35.2% | -72.3% |
| 营收同比 | 12.9% | -9.4% |
| 净利润同比 | 34.9% | -138.6% |
| 每股收益（稀释后） | $1.36 | $-2.27 |
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
| Q4 25 | $335.5M | $390.5M | ||
| Q3 25 | $301.3M | $1.1B | ||
| Q2 25 | $282.7M | $1.0B | ||
| Q1 25 | $277.1M | $1.1B | ||
| Q4 24 | $297.1M | $430.9M | ||
| Q3 24 | $279.6M | $881.2M | ||
| Q2 24 | $270.8M | $1.4B | ||
| Q1 24 | $264.4M | $1.5B |
| Q4 25 | $118.1M | $-282.6M | ||
| Q3 25 | $66.8M | $377.4M | ||
| Q2 25 | $67.6M | $107.6M | ||
| Q1 25 | $61.1M | $133.1M | ||
| Q4 24 | $87.5M | $-118.4M | ||
| Q3 24 | $73.0M | $119.0M | ||
| Q2 24 | $57.6M | $218.3M | ||
| Q1 24 | $59.5M | $234.9M |
| Q4 25 | — | -7.9% | ||
| Q3 25 | — | 26.0% | ||
| Q2 25 | — | 28.5% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | -2.0% | ||
| Q3 24 | — | 29.8% | ||
| Q2 24 | — | 31.8% | ||
| Q1 24 | — | 30.9% |
| Q4 25 | 39.2% | -92.4% | ||
| Q3 25 | 33.8% | 44.0% | ||
| Q2 25 | 28.2% | 10.7% | ||
| Q1 25 | 31.2% | 14.8% | ||
| Q4 24 | 36.7% | -44.9% | ||
| Q3 24 | 33.3% | 12.0% | ||
| Q2 24 | 32.0% | 17.8% | ||
| Q1 24 | 29.4% | 17.8% |
| Q4 25 | 35.2% | -72.3% | ||
| Q3 25 | 22.2% | 35.0% | ||
| Q2 25 | 23.9% | 10.2% | ||
| Q1 25 | 22.1% | 12.3% | ||
| Q4 24 | 29.5% | -27.5% | ||
| Q3 24 | 26.1% | 13.5% | ||
| Q2 24 | 21.3% | 16.1% | ||
| Q1 24 | 22.5% | 15.9% |
| Q4 25 | $1.36 | $-2.27 | ||
| Q3 25 | $0.93 | $3.10 | ||
| Q2 25 | $0.94 | $0.88 | ||
| Q1 25 | $0.82 | $1.07 | ||
| Q4 24 | $0.99 | $-0.82 | ||
| Q3 24 | $1.03 | $0.91 | ||
| Q2 24 | $0.80 | $1.63 | ||
| Q1 24 | $0.84 | $1.72 |
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 | — | $3.1B |
| 总债务越低越好 | $190.0M | $2.5B |
| 股东权益账面价值 | $438.8M | $3.1B |
| 总资产 | $1.6B | $8.0B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.79× |
8季度趋势，按日历期对齐
| Q4 25 | — | $3.1B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.9B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.5B |
| Q4 25 | $190.0M | $2.5B | ||
| Q3 25 | $190.0M | $4.5B | ||
| Q2 25 | $200.0M | $6.4B | ||
| Q1 25 | $200.0M | $6.8B | ||
| Q4 24 | $200.0M | $6.3B | ||
| Q3 24 | $200.0M | $7.3B | ||
| Q2 24 | $200.0M | $7.0B | ||
| Q1 24 | $200.0M | $6.3B |
| Q4 25 | $438.8M | $3.1B | ||
| Q3 25 | $402.1M | $3.6B | ||
| Q2 25 | $381.8M | $3.3B | ||
| Q1 25 | $356.5M | $3.2B | ||
| Q4 24 | $388.9M | $3.2B | ||
| Q3 24 | $372.1M | $3.4B | ||
| Q2 24 | $341.2M | $3.4B | ||
| Q1 24 | $320.3M | $3.3B |
| Q4 25 | $1.6B | $8.0B | ||
| Q3 25 | $1.6B | $10.6B | ||
| Q2 25 | $1.4B | $12.1B | ||
| Q1 25 | $1.4B | $12.4B | ||
| Q4 24 | $1.6B | $11.9B | ||
| Q3 24 | $1.6B | $13.0B | ||
| Q2 24 | $1.5B | $12.8B | ||
| Q1 24 | $1.5B | $12.3B |
| Q4 25 | 0.43× | 0.79× | ||
| Q3 25 | 0.47× | 1.25× | ||
| Q2 25 | 0.52× | 1.91× | ||
| Q1 25 | 0.56× | 2.14× | ||
| Q4 24 | 0.51× | 2.00× | ||
| Q3 24 | 0.54× | 2.13× | ||
| Q2 24 | 0.59× | 2.03× | ||
| Q1 24 | 0.62× | 1.88× |
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 | $172.0M | $152.0M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $100.4M |
| 自由现金流率自由现金流/营收 | 51.2% | 25.7% |
| 资本支出强度资本支出/营收 | 0.1% | 13.2% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $415.2M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $152.0M | ||
| Q3 25 | $40.4M | $-92.6M | ||
| Q2 25 | $50.9M | $368.0M | ||
| Q1 25 | $157.9M | $141.5M | ||
| Q4 24 | $372.8M | $133.2M | ||
| Q3 24 | $112.8M | $353.0M | ||
| Q2 24 | $75.9M | $473.6M | ||
| Q1 24 | $147.0M | $104.0M |
| Q4 25 | $171.6M | $100.4M | ||
| Q3 25 | $40.4M | $-129.1M | ||
| Q2 25 | $50.9M | $332.4M | ||
| Q1 25 | $157.7M | $111.6M | ||
| Q4 24 | $371.3M | $77.0M | ||
| Q3 24 | $112.4M | $300.4M | ||
| Q2 24 | $75.2M | $432.2M | ||
| Q1 24 | $146.9M | $57.6M |
| Q4 25 | 51.2% | 25.7% | ||
| Q3 25 | 13.4% | -12.0% | ||
| Q2 25 | 18.0% | 31.7% | ||
| Q1 25 | 56.9% | 10.3% | ||
| Q4 24 | 125.0% | 17.9% | ||
| Q3 24 | 40.2% | 34.1% | ||
| Q2 24 | 27.8% | 31.9% | ||
| Q1 24 | 55.6% | 3.9% |
| Q4 25 | 0.1% | 13.2% | ||
| Q3 25 | 0.0% | 3.4% | ||
| Q2 25 | 0.0% | 3.4% | ||
| Q1 25 | 0.1% | 2.8% | ||
| Q4 24 | 0.5% | 13.0% | ||
| Q3 24 | 0.1% | 6.0% | ||
| Q2 24 | 0.2% | 3.1% | ||
| Q1 24 | 0.0% | 3.1% |
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | -0.25× | ||
| Q2 25 | 0.75× | 3.42× | ||
| Q1 25 | 2.58× | 1.06× | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | 2.97× | ||
| Q2 24 | 1.32× | 2.17× | ||
| Q1 24 | 2.47× | 0.44× |
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
APAM
暂无分部数据
HOG
| Motorcycles | $193.9M | 50% |
| Other | $63.8M | 16% |
| Other Income Financial Services | $59.8M | 15% |
| Apparel | $47.2M | 12% |
| Livewire Segment | $11.4M | 3% |
