vs
APi Group Corp（APG）与泰佩思琦（TPR）财务数据对比。点击上方公司名可切换其他公司
泰佩思琦的季度营收约是APi Group Corp的1.2倍（$2.5B vs $2.1B），泰佩思琦净利率更高（22.4% vs 4.6%，领先17.8%），泰佩思琦同比增速更快（14.0% vs 13.8%），泰佩思琦自由现金流更多（$1.0B vs $356.0M），过去两年泰佩思琦的营收复合增速更高（29.9% vs 15.0%）
xAI是埃隆·马斯克2023年创立的美国科技企业，为航天企业SpaceX的全资子公司，业务覆盖人工智能、社交媒体领域，核心产品包括生成式AI聊天机器人Grok，以及2025年3月收购的社交媒体平台X。
Tapestry, Inc.是美国知名跨国奢侈品时尚控股企业，旗下拥有Coach、Kate Spade New York、Stuart Weitzman三大标志性生活方式品牌，主营高端手袋、服饰、鞋履、配饰及香水产品，销售渠道覆盖全球线下门店与线上电商平台。
APG vs TPR — 直观对比
营收规模更大
TPR
是对方的1.2倍
$2.1B
营收增速更快
TPR
高出0.2%
13.8%
净利率更高
TPR
高出17.8%
4.6%
自由现金流更多
TPR
多$681.5M
$356.0M
两年增速更快
TPR
近两年复合增速
15.0%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.1B | $2.5B |
| 净利润 | $97.0M | $561.3M |
| 毛利率 | 32.0% | 75.5% |
| 营业利润率 | 7.7% | 28.6% |
| 净利率 | 4.6% | 22.4% |
| 营收同比 | 13.8% | 14.0% |
| 净利润同比 | 44.8% | 80.8% |
| 每股收益（稀释后） | $-1.16 | $2.68 |
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APGTPR
| Q4 25 | $2.1B | $2.5B | ||
| Q3 25 | $2.1B | $1.7B | ||
| Q2 25 | $2.0B | $1.7B | ||
| Q1 25 | $1.7B | $1.6B | ||
| Q4 24 | $1.9B | $2.2B | ||
| Q3 24 | $1.8B | $1.5B | ||
| Q2 24 | $1.7B | $1.6B | ||
| Q1 24 | $1.6B | $1.5B |
净利润APGTPR
| Q4 25 | $97.0M | $561.3M | ||
| Q3 25 | $93.0M | $274.8M | ||
| Q2 25 | $77.0M | $-517.1M | ||
| Q1 25 | $35.0M | $203.3M | ||
| Q4 24 | $67.0M | $310.4M | ||
| Q3 24 | $69.0M | $186.6M | ||
| Q2 24 | $69.0M | $159.3M | ||
| Q1 24 | $45.0M | $139.4M |
毛利率APGTPR
| Q4 25 | 32.0% | 75.5% | ||
| Q3 25 | 31.3% | 76.3% | ||
| Q2 25 | 30.9% | 76.3% | ||
| Q1 25 | 31.5% | 76.1% | ||
| Q4 24 | 30.9% | 74.4% | ||
| Q3 24 | 31.1% | 75.3% | ||
| Q2 24 | 31.4% | 74.9% | ||
| Q1 24 | 30.7% | 74.7% |
营业利润率APGTPR
| Q4 25 | 7.7% | 28.6% | ||
| Q3 25 | 7.8% | 19.3% | ||
| Q2 25 | 7.2% | -33.9% | ||
| Q1 25 | 4.9% | 16.0% | ||
| Q4 24 | 6.2% | 22.4% | ||
| Q3 24 | 7.8% | 16.7% | ||
| Q2 24 | 7.3% | 14.8% | ||
| Q1 24 | 6.2% | 13.8% |
净利率APGTPR
| Q4 25 | 4.6% | 22.4% | ||
| Q3 25 | 4.5% | 16.1% | ||
| Q2 25 | 3.9% | -30.0% | ||
| Q1 25 | 2.0% | 12.8% | ||
| Q4 24 | 3.6% | 14.1% | ||
| Q3 24 | 3.8% | 12.4% | ||
| Q2 24 | 4.0% | 10.0% | ||
| Q1 24 | 2.8% | 9.4% |
每股收益（稀释后）APGTPR
| Q4 25 | $-1.16 | $2.68 | ||
| Q3 25 | $0.20 | $1.28 | ||
| Q2 25 | $0.16 | $-2.30 | ||
| Q1 25 | $0.11 | $0.95 | ||
| Q4 24 | $0.05 | $1.38 | ||
| Q3 24 | $0.23 | $0.79 | ||
| Q2 24 | $0.22 | $0.67 | ||
| Q1 24 | $-1.34 | $0.60 |
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 | $912.0M | $1.1B |
| 总债务越低越好 | $2.8B | $2.4B |
| 股东权益账面价值 | $3.4B | $551.2M |
| 总资产 | $8.9B | $6.5B |
| 负债/权益比越低杠杆越低 | 0.81× | 4.32× |
8季度趋势，按日历期对齐
现金及短期投资APGTPR
| Q4 25 | $912.0M | $1.1B | ||
| Q3 25 | $555.0M | $743.2M | ||
| Q2 25 | $432.0M | $1.1B | ||
| Q1 25 | $460.0M | $1.1B | ||
| Q4 24 | $499.0M | $1.0B | ||
| Q3 24 | $487.0M | $7.3B | ||
| Q2 24 | $324.0M | $7.2B | ||
| Q1 24 | $247.0M | $7.4B |
总债务APGTPR
| Q4 25 | $2.8B | $2.4B | ||
| Q3 25 | $2.8B | $2.4B | ||
| Q2 25 | $2.8B | $2.4B | ||
| Q1 25 | $2.8B | $2.4B | ||
| Q4 24 | $2.8B | $2.4B | ||
| Q3 24 | $2.9B | $7.0B | ||
| Q2 24 | $2.8B | $6.9B | ||
| Q1 24 | $2.7B | $7.7B |
股东权益APGTPR
| Q4 25 | $3.4B | $551.2M | ||
| Q3 25 | $3.3B | $399.5M | ||
| Q2 25 | $3.2B | $857.8M | ||
| Q1 25 | $3.0B | $1.5B | ||
| Q4 24 | $3.0B | $1.3B | ||
| Q3 24 | $3.0B | $3.0B | ||
| Q2 24 | $2.8B | $2.9B | ||
| Q1 24 | $2.3B | $2.8B |
总资产APGTPR
| Q4 25 | $8.9B | $6.5B | ||
| Q3 25 | $8.7B | $6.4B | ||
| Q2 25 | $8.5B | $6.6B | ||
| Q1 25 | $8.1B | $7.3B | ||
| Q4 24 | $8.2B | $7.3B | ||
| Q3 24 | $8.2B | $13.7B | ||
| Q2 24 | $8.0B | $13.4B | ||
| Q1 24 | $7.2B | $13.7B |
负债/权益比APGTPR
| Q4 25 | 0.81× | 4.32× | ||
| Q3 25 | 0.84× | 5.95× | ||
| Q2 25 | 0.87× | 2.77× | ||
| Q1 25 | 0.92× | 1.59× | ||
| Q4 24 | 0.93× | 1.78× | ||
| Q3 24 | 0.96× | 2.35× | ||
| Q2 24 | 1.00× | 2.39× | ||
| Q1 24 | 1.19× | 2.77× |
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 | $382.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $356.0M | $1.0B |
| 自由现金流率自由现金流/营收 | 16.8% | 41.5% |
| 资本支出强度资本支出/营收 | 1.2% | 1.7% |
| 现金转化率经营现金流/净利润 | 3.94× | 1.93× |
| 过去12个月自由现金流最近4个季度 | $663.0M | $1.6B |
8季度趋势，按日历期对齐
经营现金流APGTPR
| Q4 25 | $382.0M | $1.1B | ||
| Q3 25 | $232.0M | $112.6M | ||
| Q2 25 | $83.0M | $446.8M | ||
| Q1 25 | $62.0M | $144.3M | ||
| Q4 24 | $283.0M | $506.0M | ||
| Q3 24 | $220.0M | $119.5M | ||
| Q2 24 | $110.0M | $256.0M | ||
| Q1 24 | $7.0M | $97.8M |
自由现金流APGTPR
| Q4 25 | $356.0M | $1.0B | ||
| Q3 25 | $201.0M | $80.2M | ||
| Q2 25 | $56.0M | $411.5M | ||
| Q1 25 | $50.0M | $113.4M | ||
| Q4 24 | $265.0M | $475.1M | ||
| Q3 24 | $198.0M | $93.9M | ||
| Q2 24 | $88.0M | $209.8M | ||
| Q1 24 | $-15.0M | $78.8M |
自由现金流率APGTPR
| Q4 25 | 16.8% | 41.5% | ||
| Q3 25 | 9.6% | 4.7% | ||
| Q2 25 | 2.8% | 23.9% | ||
| Q1 25 | 2.9% | 7.2% | ||
| Q4 24 | 14.2% | 21.6% | ||
| Q3 24 | 10.8% | 6.2% | ||
| Q2 24 | 5.1% | 13.2% | ||
| Q1 24 | -0.9% | 5.3% |
资本支出强度APGTPR
| Q4 25 | 1.2% | 1.7% | ||
| Q3 25 | 1.5% | 1.9% | ||
| Q2 25 | 1.4% | 2.0% | ||
| Q1 25 | 0.7% | 2.0% | ||
| Q4 24 | 1.0% | 1.4% | ||
| Q3 24 | 1.2% | 1.7% | ||
| Q2 24 | 1.3% | 2.9% | ||
| Q1 24 | 1.4% | 1.3% |
现金转化率APGTPR
| Q4 25 | 3.94× | 1.93× | ||
| Q3 25 | 2.49× | 0.41× | ||
| Q2 25 | 1.08× | — | ||
| Q1 25 | 1.77× | 0.71× | ||
| Q4 24 | 4.22× | 1.63× | ||
| Q3 24 | 3.19× | 0.64× | ||
| Q2 24 | 1.59× | 1.61× | ||
| Q1 24 | 0.16× | 0.70× |
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
APG
暂无分部数据
TPR
| Coach | $1.4B | 57% |
| Other | $787.0M | 31% |
| Kate Spade Company | $290.0M | 12% |
