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APOGEE ENTERPRISES, INC.（APOG）与ASSOCIATED BANC-CORP（ASB）财务数据对比。点击上方公司名可切换其他公司
ASSOCIATED BANC-CORP的季度营收约是APOGEE ENTERPRISES, INC.的1.1倍（$383.0M vs $351.4M），ASSOCIATED BANC-CORP净利率更高（31.2% vs 4.7%，领先26.5%），过去两年ASSOCIATED BANC-CORP的营收复合增速更高（9.1% vs 2.9%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
联合银行集团（Associated Banc-Corp）是美国区域性银行控股公司，总部位于威斯康星州格林贝，深耕美国中西部地区，主营零售银行、商业银行、商业地产贷款、私人银行及特色金融服务，在威斯康星州、伊利诺伊州、明尼苏达州设有220多个营业网点，覆盖100多个社区，还在印第安纳、密歇根等多州设有贷款办事处。
APOG vs ASB — 直观对比
营收规模更大
ASB
是对方的1.1倍
$351.4M
净利率更高
ASB
高出26.5%
4.7%
两年增速更快
ASB
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $383.0M |
| 净利润 | $16.6M | $119.6M |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | — |
| 净利率 | 4.7% | 31.2% |
| 营收同比 | 1.6% | — |
| 净利润同比 | 568.8% | 566.6% |
| 每股收益（稀释后） | $0.78 | $0.70 |
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APOGASB
| Q1 26 | $351.4M | $383.0M | ||
| Q4 25 | $348.6M | $310.0M | ||
| Q3 25 | $358.2M | $305.2M | ||
| Q2 25 | $346.6M | $300.0M | ||
| Q1 25 | $345.7M | $285.9M | ||
| Q4 24 | $341.3M | $270.3M | ||
| Q3 24 | $342.4M | $329.7M | ||
| Q2 24 | $331.5M | $321.8M |
净利润APOGASB
| Q1 26 | $16.6M | $119.6M | ||
| Q4 25 | $16.5M | $137.1M | ||
| Q3 25 | $23.6M | $124.7M | ||
| Q2 25 | $-2.7M | $111.2M | ||
| Q1 25 | $2.5M | $101.7M | ||
| Q4 24 | $21.0M | $-161.6M | ||
| Q3 24 | $30.6M | $88.0M | ||
| Q2 24 | $31.0M | $115.6M |
毛利率APOGASB
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — |
营业利润率APOGASB
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 52.6% | ||
| Q3 25 | 7.5% | 50.5% | ||
| Q2 25 | 2.0% | 46.5% | ||
| Q1 25 | 1.8% | 42.3% | ||
| Q4 24 | 8.4% | -65.8% | ||
| Q3 24 | 12.3% | 32.8% | ||
| Q2 24 | 12.5% | 32.0% |
净利率APOGASB
| Q1 26 | 4.7% | 31.2% | ||
| Q4 25 | 4.7% | 44.2% | ||
| Q3 25 | 6.6% | 40.9% | ||
| Q2 25 | -0.8% | 37.1% | ||
| Q1 25 | 0.7% | 35.6% | ||
| Q4 24 | 6.1% | -59.8% | ||
| Q3 24 | 8.9% | 26.7% | ||
| Q2 24 | 9.4% | 35.9% |
每股收益（稀释后）APOGASB
| Q1 26 | $0.78 | $0.70 | ||
| Q4 25 | $0.77 | $0.80 | ||
| Q3 25 | $1.10 | $0.73 | ||
| Q2 25 | $-0.13 | $0.65 | ||
| Q1 25 | $0.12 | $0.59 | ||
| Q4 24 | $0.96 | $-1.10 | ||
| Q3 24 | $1.40 | $0.56 | ||
| Q2 24 | $1.41 | $0.74 |
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 | $39.5M | — |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $5.0B |
| 总资产 | $1.1B | $45.6B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资APOGASB
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | — | ||
| Q3 25 | $39.5M | — | ||
| Q2 25 | $32.8M | — | ||
| Q1 25 | $41.4M | — | ||
| Q4 24 | $43.9M | — | ||
| Q3 24 | $51.0M | — | ||
| Q2 24 | $30.4M | — |
总债务APOGASB
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $594.1M | ||
| Q2 25 | — | $593.5M | ||
| Q1 25 | $285.0M | $591.4M | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $844.3M | ||
| Q2 24 | — | $536.1M |
股东权益APOGASB
| Q1 26 | $511.8M | $5.0B | ||
| Q4 25 | $512.3M | $5.0B | ||
| Q3 25 | $500.2M | $4.9B | ||
| Q2 25 | $481.8M | $4.8B | ||
| Q1 25 | $487.9M | $4.7B | ||
| Q4 24 | $522.1M | $4.6B | ||
| Q3 24 | $506.4M | $4.4B | ||
| Q2 24 | $480.0M | $4.2B |
总资产APOGASB
| Q1 26 | $1.1B | $45.6B | ||
| Q4 25 | $1.1B | $45.2B | ||
| Q3 25 | $1.2B | $44.5B | ||
| Q2 25 | $1.2B | $44.0B | ||
| Q1 25 | $1.2B | $43.3B | ||
| Q4 24 | $1.2B | $43.0B | ||
| Q3 24 | $917.1M | $42.2B | ||
| Q2 24 | $889.0M | $41.6B |
负债/权益比APOGASB
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.20× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | 0.58× | 0.13× | ||
| Q4 24 | — | 0.31× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.13× |
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 | $122.5M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 7.8% | — |
| 现金转化率经营现金流/净利润 | 7.37× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APOGASB
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $218.1M | ||
| Q3 25 | $57.1M | $158.0M | ||
| Q2 25 | $-19.8M | $141.5M | ||
| Q1 25 | $30.0M | $98.2M | ||
| Q4 24 | $31.0M | $207.1M | ||
| Q3 24 | $58.7M | $105.1M | ||
| Q2 24 | $5.5M | $113.5M |
自由现金流APOGASB
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | — | ||
| Q2 25 | $-26.9M | — | ||
| Q1 25 | $19.1M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $-1.8M | — |
自由现金流率APOGASB
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | -7.8% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | -0.5% | — |
资本支出强度APOGASB
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.2% | — |
现金转化率APOGASB
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 1.59× | ||
| Q3 25 | 2.41× | 1.27× | ||
| Q2 25 | — | 1.27× | ||
| Q1 25 | 12.08× | 0.97× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 1.19× | ||
| Q2 24 | 0.18× | 0.98× |
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
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
ASB
| Net Interest Income | $307.2M | 80% |
| Noninterest Income | $75.9M | 20% |
