vs
阿波罗全球管理（APO）与LM FUNDING AMERICA, INC.（LMFA）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LM FUNDING AMERICA, INC.的4167.7倍（$9.9B vs $2.4M），阿波罗全球管理同比增速更快（86.7% vs 19.2%），过去两年阿波罗全球管理的营收复合增速更高（18.4% vs -29.4%）
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。
LM Funding America, Inc.是一家总部位于美国的专业金融服务企业，主要业务为收购、管理及处置逾期不动产税收留置权，服务于美国多地地方政府机构与房地产市场参与主体，核心业务板块聚焦于财产税债权相关的另类资产投资。
APO vs LMFA — 直观对比
营收规模更大
APO
是对方的4167.7倍
$2.4M
LM
营收增速更快
APO
高出67.5%
19.2%
LM
两年增速更快
APO
近两年复合增速
-29.4%
LM
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | LM LMFA |
|---|---|---|
| 营收 | $9.9B | $2.4M |
| 净利润 | $684.0M | — |
| 毛利率 | — | — |
| 营业利润率 | 17.8% | — |
| 净利率 | 6.9% | — |
| 营收同比 | 86.7% | 19.2% |
| 净利润同比 | -54.0% | — |
| 每股收益（稀释后） | $1.09 | — |
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APO
LM
LMFA| Q4 25 | $9.9B | $2.4M | ||
| Q3 25 | $9.8B | $2.2M | ||
| Q2 25 | $6.8B | $1.9M | ||
| Q1 25 | $5.5B | $2.4M | ||
| Q4 24 | $5.3B | $2.0M | ||
| Q3 24 | $7.8B | $1.3M | ||
| Q2 24 | $6.0B | $3.0M | ||
| Q1 24 | $7.0B | $4.7M |
净利润APO
LM
LMFA| Q4 25 | $684.0M | — | ||
| Q3 25 | $1.7B | $-3.7M | ||
| Q2 25 | $630.0M | $100.6K | ||
| Q1 25 | $442.0M | $-5.4M | ||
| Q4 24 | $1.5B | — | ||
| Q3 24 | $811.0M | $-4.3M | ||
| Q2 24 | $853.0M | $-5.6M | ||
| Q1 24 | $1.4B | $1.9M |
营业利润率APO
LM
LMFA| Q4 25 | 17.8% | — | ||
| Q3 25 | 29.5% | -161.5% | ||
| Q2 25 | 12.4% | 22.0% | ||
| Q1 25 | 21.3% | -215.1% | ||
| Q4 24 | 32.6% | — | ||
| Q3 24 | 26.8% | -318.6% | ||
| Q2 24 | 23.9% | -143.2% | ||
| Q1 24 | 31.1% | 21.2% |
净利率APO
LM
LMFA| Q4 25 | 6.9% | — | ||
| Q3 25 | 17.7% | -171.2% | ||
| Q2 25 | 9.2% | 5.2% | ||
| Q1 25 | 8.0% | -227.7% | ||
| Q4 24 | 28.1% | — | ||
| Q3 24 | 10.4% | -341.2% | ||
| Q2 24 | 14.2% | -186.2% | ||
| Q1 24 | 20.3% | 40.9% |
每股收益（稀释后）APO
LM
LMFA| Q4 25 | $1.09 | — | ||
| Q3 25 | $2.78 | $-0.41 | ||
| Q2 25 | $0.99 | $0.02 | ||
| Q1 25 | $0.68 | $-1.05 | ||
| Q4 24 | $2.41 | — | ||
| Q3 24 | $1.29 | $-2.25 | ||
| Q2 24 | $1.35 | $-2.26 | ||
| Q1 24 | $2.28 | $0.80 |
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 | | LM LMFA |
|---|---|---|
| 现金及短期投资手头流动性 | — | $37.4K |
| 总债务越低越好 | $13.4B | — |
| 股东权益账面价值 | $23.3B | $30.6M |
| 总资产 | $460.9B | $51.3M |
| 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APO
LM
LMFA| Q4 25 | — | $37.4K | ||
| Q3 25 | — | $23.6K | ||
| Q2 25 | — | $13.2K | ||
| Q1 25 | — | $18.3K | ||
| Q4 24 | — | $27.1K | ||
| Q3 24 | — | $18.8K | ||
| Q2 24 | — | $22.1K | ||
| Q1 24 | — | $15.7K |
总债务APO
LM
LMFA| 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APO
LM
LMFA| Q4 25 | $23.3B | $30.6M | ||
| Q3 25 | $23.1B | $50.1M | ||
| Q2 25 | $19.3B | $31.9M | ||
| Q1 25 | $18.0B | $31.7M | ||
| Q4 24 | $17.3B | $37.0M | ||
| Q3 24 | $17.9B | $30.2M | ||
| Q2 24 | $15.3B | $32.5M | ||
| Q1 24 | $14.8B | $38.5M |
总资产APO
LM
LMFA| Q4 25 | $460.9B | $51.3M | ||
| Q3 25 | $449.5B | $60.2M | ||
| Q2 25 | $419.6B | $39.0M | ||
| Q1 25 | $395.0B | $39.1M | ||
| Q4 24 | $377.9B | $44.0M | ||
| Q3 24 | $368.7B | $37.9M | ||
| Q2 24 | $346.5B | $35.1M | ||
| Q1 24 | $334.1B | $40.6M |
负债/权益比APO
LM
LMFA| 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 | | LM LMFA |
|---|---|---|
| 经营现金流最新季度 | $4.7B | $-14.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-16.2M |
| 自由现金流率自由现金流/营收 | — | -684.3% |
| 资本支出强度资本支出/营收 | — | 93.2% |
| 现金转化率经营现金流/净利润 | 6.83× | — |
| 过去12个月自由现金流最近4个季度 | — | $-25.6M |
8季度趋势，按日历期对齐
经营现金流APO
LM
LMFA| Q4 25 | $4.7B | $-14.0M | ||
| Q3 25 | $303.0M | $-3.1M | ||
| Q2 25 | $1.3B | $-2.8M | ||
| Q1 25 | $1.0B | $-2.9M | ||
| Q4 24 | $-4.0M | $-11.9M | ||
| Q3 24 | $1.9B | $-2.7M | ||
| Q2 24 | $1.3B | $-3.0M | ||
| Q1 24 | $70.0M | $-3.0M |
自由现金流APO
LM
LMFA| Q4 25 | — | $-16.2M | ||
| Q3 25 | — | $-3.3M | ||
| Q2 25 | — | $-3.0M | ||
| Q1 25 | — | $-3.1M | ||
| Q4 24 | — | $-13.7M | ||
| Q3 24 | — | $-2.7M | ||
| Q2 24 | — | $-4.2M | ||
| Q1 24 | — | — |
自由现金流率APO
LM
LMFA| Q4 25 | — | -684.3% | ||
| Q3 25 | — | -152.1% | ||
| Q2 25 | — | -156.7% | ||
| Q1 25 | — | -129.4% | ||
| Q4 24 | — | -689.0% | ||
| Q3 24 | — | -215.3% | ||
| Q2 24 | — | -140.9% | ||
| Q1 24 | — | — |
资本支出强度APO
LM
LMFA| Q4 25 | — | 93.2% | ||
| Q3 25 | — | 11.9% | ||
| Q2 25 | — | 10.7% | ||
| Q1 25 | — | 7.2% | ||
| Q4 24 | — | 87.3% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 40.7% | ||
| Q1 24 | — | 0.0% |
现金转化率APO
LM
LMFA| Q4 25 | 6.83× | — | ||
| Q3 25 | 0.17× | — | ||
| Q2 25 | 2.00× | -27.99× | ||
| Q1 25 | 2.29× | — | ||
| Q4 24 | -0.00× | — | ||
| Q3 24 | 2.29× | — | ||
| Q2 24 | 1.56× | — | ||
| Q1 24 | 0.05× | -1.53× |
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% |
LMLMFA
暂无分部数据
