vs
APOGEE ENTERPRISES, INC.（APOG）与PATHWARD FINANCIAL, INC.（CASH）财务数据对比。点击上方公司名可切换其他公司
APOGEE ENTERPRISES, INC.的季度营收约是PATHWARD FINANCIAL, INC.的1.3倍（$351.4M vs $276.3M），PATHWARD FINANCIAL, INC.净利率更高（26.4% vs 4.7%，领先21.7%），过去两年PATHWARD FINANCIAL, INC.的营收复合增速更高（21.0% 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。
Pathward Financial, Inc.是一家总部位于美国的银行及金融服务企业，其前身为Meta金融集团旗下相关业务主体，2022年母公司将“Meta”商标出售给Meta Platforms后，正式启用现有名称。
APOG vs CASH — 直观对比
营收规模更大
APOG
是对方的1.3倍
$276.3M
净利率更高
CASH
高出21.7%
4.7%
两年增速更快
CASH
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $276.3M |
| 净利润 | $16.6M | $72.9M |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | — |
| 净利率 | 4.7% | 26.4% |
| 营收同比 | 1.6% | — |
| 净利润同比 | 568.8% | — |
| 每股收益（稀释后） | $0.78 | $3.35 |
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APOGCASH
| Q1 26 | $351.4M | $276.3M | ||
| Q4 25 | $348.6M | $173.1M | ||
| Q3 25 | $358.2M | $186.7M | ||
| Q2 25 | $346.6M | $195.8M | ||
| Q1 25 | $345.7M | $274.8M | ||
| Q4 24 | $341.3M | $182.6M | ||
| Q3 24 | $342.4M | $179.5M | ||
| Q2 24 | $331.5M | $188.6M |
净利润APOGCASH
| Q1 26 | $16.6M | $72.9M | ||
| Q4 25 | $16.5M | $35.2M | ||
| Q3 25 | $23.6M | $38.8M | ||
| Q2 25 | $-2.7M | $42.1M | ||
| Q1 25 | $2.5M | $75.0M | ||
| Q4 24 | $21.0M | $30.0M | ||
| Q3 24 | $30.6M | $33.5M | ||
| Q2 24 | $31.0M | $44.9M |
毛利率APOGCASH
| 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APOGCASH
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 24.6% | ||
| Q3 25 | 7.5% | 25.9% | ||
| Q2 25 | 2.0% | 24.1% | ||
| Q1 25 | 1.8% | 33.2% | ||
| Q4 24 | 8.4% | 19.8% | ||
| Q3 24 | 12.3% | 20.9% | ||
| Q2 24 | 12.5% | 27.1% |
净利率APOGCASH
| Q1 26 | 4.7% | 26.4% | ||
| Q4 25 | 4.7% | 20.3% | ||
| Q3 25 | 6.6% | 20.8% | ||
| Q2 25 | -0.8% | 21.5% | ||
| Q1 25 | 0.7% | 27.3% | ||
| Q4 24 | 6.1% | 16.4% | ||
| Q3 24 | 8.9% | 18.7% | ||
| Q2 24 | 9.4% | 23.8% |
每股收益（稀释后）APOGCASH
| Q1 26 | $0.78 | $3.35 | ||
| Q4 25 | $0.77 | $1.57 | ||
| Q3 25 | $1.10 | $1.69 | ||
| Q2 25 | $-0.13 | $1.81 | ||
| Q1 25 | $0.12 | $3.14 | ||
| Q4 24 | $0.96 | $1.23 | ||
| Q3 24 | $1.40 | $1.34 | ||
| Q2 24 | $1.41 | $1.78 |
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 | $157.6M |
| 总债务越低越好 | $232.3M | $59.5M |
| 股东权益账面价值 | $511.8M | $850.7M |
| 总资产 | $1.1B | $7.1B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.07× |
8季度趋势，按日历期对齐
现金及短期投资APOGCASH
| Q1 26 | $39.5M | $157.6M | ||
| Q4 25 | $41.3M | $331.2M | ||
| Q3 25 | $39.5M | $120.6M | ||
| Q2 25 | $32.8M | $258.3M | ||
| Q1 25 | $41.4M | $254.2M | ||
| Q4 24 | $43.9M | $597.4M | ||
| Q3 24 | $51.0M | $158.3M | ||
| Q2 24 | $30.4M | $298.9M |
总债务APOGCASH
| Q1 26 | $232.3M | $59.5M | ||
| Q4 25 | — | $33.5M | ||
| Q3 25 | — | $33.5M | ||
| Q2 25 | — | $33.4M | ||
| Q1 25 | $285.0M | $33.4M | ||
| Q4 24 | — | $33.4M | ||
| Q3 24 | — | $33.4M | ||
| Q2 24 | — | $33.3M |
股东权益APOGCASH
| Q1 26 | $511.8M | $850.7M | ||
| Q4 25 | $512.3M | $854.5M | ||
| Q3 25 | $500.2M | $858.0M | ||
| Q2 25 | $481.8M | $819.0M | ||
| Q1 25 | $487.9M | $814.7M | ||
| Q4 24 | $522.1M | $758.3M | ||
| Q3 24 | $506.4M | $822.5M | ||
| Q2 24 | $480.0M | $748.4M |
总资产APOGCASH
| Q1 26 | $1.1B | $7.1B | ||
| Q4 25 | $1.1B | $7.6B | ||
| Q3 25 | $1.2B | $7.2B | ||
| Q2 25 | $1.2B | $7.2B | ||
| Q1 25 | $1.2B | $7.0B | ||
| Q4 24 | $1.2B | $7.6B | ||
| Q3 24 | $917.1M | $7.5B | ||
| Q2 24 | $889.0M | $7.5B |
负债/权益比APOGCASH
| Q1 26 | 0.45× | 0.07× | ||
| Q4 25 | — | 0.04× | ||
| Q3 25 | — | 0.04× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | 0.58× | 0.04× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 0.04× | ||
| Q2 24 | — | 0.04× |
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APOGCASH
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $108.3M | ||
| Q3 25 | $57.1M | $303.7M | ||
| Q2 25 | $-19.8M | $30.4M | ||
| Q1 25 | $30.0M | $188.3M | ||
| Q4 24 | $31.0M | $-71.7M | ||
| Q3 24 | $58.7M | $143.1M | ||
| Q2 24 | $5.5M | $113.2M |
自由现金流APOGCASH
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $104.1M | ||
| Q3 25 | $52.4M | $300.3M | ||
| Q2 25 | $-26.9M | $27.7M | ||
| Q1 25 | $19.1M | $184.7M | ||
| Q4 24 | $22.0M | $-73.8M | ||
| Q3 24 | $50.2M | $138.8M | ||
| Q2 24 | $-1.8M | $111.0M |
自由现金流率APOGCASH
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 60.1% | ||
| Q3 25 | 14.6% | 160.9% | ||
| Q2 25 | -7.8% | 14.1% | ||
| Q1 25 | 5.5% | 67.2% | ||
| Q4 24 | 6.4% | -40.4% | ||
| Q3 24 | 14.7% | 77.3% | ||
| Q2 24 | -0.5% | 58.8% |
资本支出强度APOGCASH
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 2.4% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 2.1% | 1.4% | ||
| Q1 25 | 3.2% | 1.3% | ||
| Q4 24 | 2.6% | 1.1% | ||
| Q3 24 | 2.5% | 2.4% | ||
| Q2 24 | 2.2% | 1.2% |
现金转化率APOGCASH
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 3.08× | ||
| Q3 25 | 2.41× | 7.83× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | 12.08× | 2.51× | ||
| Q4 24 | 1.48× | -2.39× | ||
| Q3 24 | 1.92× | 4.27× | ||
| Q2 24 | 0.18× | 2.52× |
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% |
CASH
| Noninterest Income | $151.2M | 55% |
| Net Interest Income | $125.1M | 45% |
