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阿波罗全球管理（APO）与COHEN & STEERS, INC.（CNS）财务数据对比。点击上方公司名可切换其他公司
阿波罗全球管理的季度营收约是COHEN & STEERS, INC.的68.6倍（$9.9B vs $143.8M），COHEN & STEERS, INC.净利率更高（24.3% vs 6.9%，领先17.3%），阿波罗全球管理同比增速更快（86.7% vs 2.9%），过去两年阿波罗全球管理的营收复合增速更高（18.4% vs 8.3%）
阿波罗全球管理是美国头部另类资产管理机构，截至2025年总资产管理规模达8400亿美元，业务涵盖3920亿美元的信贷类资产（含夹层资本、对冲基金、不良贷款、担保贷款凭证等）、990亿美元私募股权，以及462亿美元的地产、基建等实体资产，为全球客户提供专业资产管理服务。
科恩斯蒂尔是一家美国投资管理企业，专注于通过房地产投资信托（REIT）开展不动产证券投资，同时布局优先证券相关的另类收益类投资业务，在全球不动产和另类收益投资领域拥有专业的运营经验。
APO vs CNS — 直观对比
营收规模更大
APO
是对方的68.6倍
$143.8M
营收增速更快
APO
高出83.8%
2.9%
净利率更高
CNS
高出17.3%
6.9%
两年增速更快
APO
近两年复合增速
8.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $9.9B | $143.8M |
| 净利润 | $684.0M | $34.9M |
| 毛利率 | — | — |
| 营业利润率 | 17.8% | 28.0% |
| 净利率 | 6.9% | 24.3% |
| 营收同比 | 86.7% | 2.9% |
| 净利润同比 | -54.0% | -23.9% |
| 每股收益（稀释后） | $1.09 | $0.67 |
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APOCNS
| Q4 25 | $9.9B | $143.8M | ||
| Q3 25 | $9.8B | $141.7M | ||
| Q2 25 | $6.8B | $136.1M | ||
| Q1 25 | $5.5B | $134.5M | ||
| Q4 24 | $5.3B | $139.8M | ||
| Q3 24 | $7.8B | $133.2M | ||
| Q2 24 | $6.0B | $121.7M | ||
| Q1 24 | $7.0B | $122.7M |
净利润APOCNS
| Q4 25 | $684.0M | $34.9M | ||
| Q3 25 | $1.7B | $41.7M | ||
| Q2 25 | $630.0M | $36.8M | ||
| Q1 25 | $442.0M | $39.8M | ||
| Q4 24 | $1.5B | $45.8M | ||
| Q3 24 | $811.0M | $39.7M | ||
| Q2 24 | $853.0M | $31.8M | ||
| Q1 24 | $1.4B | $34.0M |
营业利润率APOCNS
| Q4 25 | 17.8% | 28.0% | ||
| Q3 25 | 29.5% | 34.5% | ||
| Q2 25 | 12.4% | 31.8% | ||
| Q1 25 | 21.3% | 33.6% | ||
| Q4 24 | 32.6% | 35.3% | ||
| Q3 24 | 26.8% | 33.7% | ||
| Q2 24 | 23.9% | 31.5% | ||
| Q1 24 | 31.1% | 32.8% |
净利率APOCNS
| Q4 25 | 6.9% | 24.3% | ||
| Q3 25 | 17.7% | 29.4% | ||
| Q2 25 | 9.2% | 27.1% | ||
| Q1 25 | 8.0% | 29.6% | ||
| Q4 24 | 28.1% | 32.8% | ||
| Q3 24 | 10.4% | 29.8% | ||
| Q2 24 | 14.2% | 26.1% | ||
| Q1 24 | 20.3% | 27.7% |
每股收益（稀释后）APOCNS
| Q4 25 | $1.09 | $0.67 | ||
| Q3 25 | $2.78 | $0.81 | ||
| Q2 25 | $0.99 | $0.72 | ||
| Q1 25 | $0.68 | $0.77 | ||
| Q4 24 | $2.41 | $0.89 | ||
| Q3 24 | $1.29 | $0.77 | ||
| Q2 24 | $1.35 | $0.63 | ||
| Q1 24 | $2.28 | $0.68 |
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 | — | $145.5M |
| 总债务越低越好 | $13.4B | — |
| 股东权益账面价值 | $23.3B | $562.0M |
| 总资产 | $460.9B | $876.7M |
| 负债/权益比越低杠杆越低 | 0.57× | — |
8季度趋势，按日历期对齐
现金及短期投资APOCNS
| Q4 25 | — | $145.5M | ||
| Q3 25 | — | $98.1M | ||
| Q2 25 | — | $95.4M | ||
| Q1 25 | — | $65.2M | ||
| Q4 24 | — | $183.0M | ||
| Q3 24 | — | $106.5M | ||
| Q2 24 | — | $122.0M | ||
| Q1 24 | — | $99.5M |
总债务APOCNS
| Q4 25 | $13.4B | — | ||
| Q3 25 | $12.6B | — | ||
| Q2 25 | $12.1B | — | ||
| Q1 25 | $10.6B | — | ||
| Q4 24 | $10.6B | — | ||
| Q3 24 | $9.8B | — | ||
| Q2 24 | $9.8B | — | ||
| Q1 24 | $9.6B | — |
股东权益APOCNS
| Q4 25 | $23.3B | $562.0M | ||
| Q3 25 | $23.1B | $550.3M | ||
| Q2 25 | $19.3B | $528.5M | ||
| Q1 25 | $18.0B | $507.7M | ||
| Q4 24 | $17.3B | $511.7M | ||
| Q3 24 | $17.9B | $491.0M | ||
| Q2 24 | $15.3B | $463.2M | ||
| Q1 24 | $14.8B | $378.9M |
总资产APOCNS
| Q4 25 | $460.9B | $876.7M | ||
| Q3 25 | $449.5B | $801.6M | ||
| Q2 25 | $419.6B | $751.0M | ||
| Q1 25 | $395.0B | $834.9M | ||
| Q4 24 | $377.9B | $812.4M | ||
| Q3 24 | $368.7B | $727.8M | ||
| Q2 24 | $346.5B | $784.1M | ||
| Q1 24 | $334.1B | $680.7M |
负债/权益比APOCNS
| Q4 25 | 0.57× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.59× | — | ||
| Q4 24 | 0.61× | — | ||
| Q3 24 | 0.55× | — | ||
| Q2 24 | 0.64× | — | ||
| Q1 24 | 0.65× | — |
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 | $4.7B | $-120.4M |
| 自由现金流经营现金流 - 资本支出 | — | $-126.4M |
| 自由现金流率自由现金流/营收 | — | -87.9% |
| 资本支出强度资本支出/营收 | — | 4.2% |
| 现金转化率经营现金流/净利润 | 6.83× | -3.45× |
| 过去12个月自由现金流最近4个季度 | — | $-253.6M |
8季度趋势，按日历期对齐
经营现金流APOCNS
| Q4 25 | $4.7B | $-120.4M | ||
| Q3 25 | $303.0M | $55.1M | ||
| Q2 25 | $1.3B | $-67.6M | ||
| Q1 25 | $1.0B | $-108.9M | ||
| Q4 24 | $-4.0M | $96.7M | ||
| Q3 24 | $1.9B | $25.6M | ||
| Q2 24 | $1.3B | $31.4M | ||
| Q1 24 | $70.0M | $4.9M |
自由现金流APOCNS
| Q4 25 | — | $-126.4M | ||
| Q3 25 | — | $52.6M | ||
| Q2 25 | — | $-69.8M | ||
| Q1 25 | — | $-110.0M | ||
| Q4 24 | — | $85.0M | ||
| Q3 24 | — | $24.2M | ||
| Q2 24 | — | $27.1M | ||
| Q1 24 | — | $537.0K |
自由现金流率APOCNS
| Q4 25 | — | -87.9% | ||
| Q3 25 | — | 37.1% | ||
| Q2 25 | — | -51.3% | ||
| Q1 25 | — | -81.8% | ||
| Q4 24 | — | 60.8% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 0.4% |
资本支出强度APOCNS
| Q4 25 | — | 4.2% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | 1.6% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 8.3% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | — | 3.5% | ||
| Q1 24 | — | 3.5% |
现金转化率APOCNS
| Q4 25 | 6.83× | -3.45× | ||
| Q3 25 | 0.17× | 1.32× | ||
| Q2 25 | 2.00× | -1.84× | ||
| Q1 25 | 2.29× | -2.74× | ||
| Q4 24 | -0.00× | 2.11× | ||
| Q3 24 | 2.29× | 0.65× | ||
| Q2 24 | 1.56× | 0.99× | ||
| Q1 24 | 0.05× | 0.14× |
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
APO
| Retirement Services Segment | $8.5B | 86% |
| Asset Management1 | $681.0M | 7% |
| Principal Investing Segment | $624.0M | 6% |
| Management Service Incentive | $96.0M | 1% |
CNS
暂无分部数据
