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APOGEE ENTERPRISES, INC.（APOG）与COPT DEFENSE PROPERTIES（CDP）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COPT DEFENSE PROPERTIES的1.8倍（$351.4M vs $197.4M），COPT DEFENSE PROPERTIES净利率更高（20.0% vs 4.7%，领先15.2%），COPT DEFENSE PROPERTIES同比增速更快（7.6% vs 1.6%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs 1.1%）
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。
COPT Defense Properties是一家专业房地产投资信托基金，重点投资写字楼物业，资产主要布局于华盛顿大都会区的近郊区域，核心租户为美国政府及国防军工行业企业。截至2024年12月31日，公司旗下共持有164栋写字楼，总面积达1650万平方英尺，同时运营31个单租户数据中心，总面积590万平方英尺。
APOG vs CDP — 直观对比
营收规模更大
APOG
是对方的1.8倍
$197.4M
营收增速更快
CDP
高出6.0%
1.6%
净利率更高
CDP
高出15.2%
4.7%
两年增速更快
APOG
近两年复合增速
1.1%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $197.4M |
| 净利润 | $16.6M | $39.4M |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | 19.9% |
| 净利率 | 4.7% | 20.0% |
| 营收同比 | 1.6% | 7.6% |
| 净利润同比 | 568.8% | 8.0% |
| 每股收益（稀释后） | $0.78 | $0.32 |
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APOGCDP
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $197.4M | ||
| Q3 25 | $358.2M | $188.8M | ||
| Q2 25 | $346.6M | $189.9M | ||
| Q1 25 | $345.7M | $187.9M | ||
| Q4 24 | $341.3M | $183.4M | ||
| Q3 24 | $342.4M | $189.2M | ||
| Q2 24 | $331.5M | $187.3M |
净利润APOGCDP
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $39.4M | ||
| Q3 25 | $23.6M | $43.7M | ||
| Q2 25 | $-2.7M | $40.2M | ||
| Q1 25 | $2.5M | $36.2M | ||
| Q4 24 | $21.0M | $36.5M | ||
| Q3 24 | $30.6M | $37.4M | ||
| Q2 24 | $31.0M | $36.4M |
毛利率APOGCDP
| 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APOGCDP
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 19.9% | ||
| Q3 25 | 7.5% | 22.5% | ||
| Q2 25 | 2.0% | 21.0% | ||
| Q1 25 | 1.8% | 19.1% | ||
| Q4 24 | 8.4% | 19.7% | ||
| Q3 24 | 12.3% | 19.8% | ||
| Q2 24 | 12.5% | 19.4% |
净利率APOGCDP
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 20.0% | ||
| Q3 25 | 6.6% | 23.2% | ||
| Q2 25 | -0.8% | 21.1% | ||
| Q1 25 | 0.7% | 19.3% | ||
| Q4 24 | 6.1% | 19.9% | ||
| Q3 24 | 8.9% | 19.8% | ||
| Q2 24 | 9.4% | 19.4% |
每股收益（稀释后）APOGCDP
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.32 | ||
| Q3 25 | $1.10 | $0.37 | ||
| Q2 25 | $-0.13 | $0.34 | ||
| Q1 25 | $0.12 | $0.31 | ||
| Q4 24 | $0.96 | $0.31 | ||
| Q3 24 | $1.40 | $0.32 | ||
| Q2 24 | $1.41 | $0.31 |
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 | $275.0M |
| 总债务越低越好 | $232.3M | $2.8B |
| 股东权益账面价值 | $511.8M | $1.5B |
| 总资产 | $1.1B | $4.7B |
| 负债/权益比越低杠杆越低 | 0.45× | 1.83× |
8季度趋势，按日历期对齐
现金及短期投资APOGCDP
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $275.0M | ||
| Q3 25 | $39.5M | $23.7M | ||
| Q2 25 | $32.8M | $21.3M | ||
| Q1 25 | $41.4M | $24.3M | ||
| Q4 24 | $43.9M | $38.3M | ||
| Q3 24 | $51.0M | $34.5M | ||
| Q2 24 | $30.4M | $100.4M |
总债务APOGCDP
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $2.8B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | — | $2.4B | ||
| Q1 25 | $285.0M | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
股东权益APOGCDP
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $1.5B | ||
| Q3 25 | $500.2M | $1.5B | ||
| Q2 25 | $481.8M | $1.5B | ||
| Q1 25 | $487.9M | $1.5B | ||
| Q4 24 | $522.1M | $1.5B | ||
| Q3 24 | $506.4M | $1.5B | ||
| Q2 24 | $480.0M | $1.5B |
总资产APOGCDP
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $4.7B | ||
| Q3 25 | $1.2B | $4.4B | ||
| Q2 25 | $1.2B | $4.3B | ||
| Q1 25 | $1.2B | $4.3B | ||
| Q4 24 | $1.2B | $4.3B | ||
| Q3 24 | $917.1M | $4.2B | ||
| Q2 24 | $889.0M | $4.2B |
负债/权益比APOGCDP
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 1.83× | ||
| Q3 25 | — | 1.62× | ||
| Q2 25 | — | 1.63× | ||
| Q1 25 | 0.58× | 1.62× | ||
| Q4 24 | — | 1.60× | ||
| Q3 24 | — | 1.61× | ||
| Q2 24 | — | 1.61× |
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 | $309.9M |
| 自由现金流经营现金流 - 资本支出 | — | $288.9M |
| 自由现金流率自由现金流/营收 | — | 146.4% |
| 资本支出强度资本支出/营收 | 7.8% | 10.7% |
| 现金转化率经营现金流/净利润 | 7.37× | 7.87× |
| 过去12个月自由现金流最近4个季度 | — | $501.5M |
8季度趋势，按日历期对齐
经营现金流APOGCDP
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $309.9M | ||
| Q3 25 | $57.1M | $68.6M | ||
| Q2 25 | $-19.8M | $87.9M | ||
| Q1 25 | $30.0M | $72.1M | ||
| Q4 24 | $31.0M | $331.0M | ||
| Q3 24 | $58.7M | $65.1M | ||
| Q2 24 | $5.5M | $93.8M |
自由现金流APOGCDP
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $288.9M | ||
| Q3 25 | $52.4M | $62.9M | ||
| Q2 25 | $-26.9M | $84.5M | ||
| Q1 25 | $19.1M | $65.1M | ||
| Q4 24 | $22.0M | $299.6M | ||
| Q3 24 | $50.2M | $61.0M | ||
| Q2 24 | $-1.8M | $88.4M |
自由现金流率APOGCDP
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 146.4% | ||
| Q3 25 | 14.6% | 33.3% | ||
| Q2 25 | -7.8% | 44.5% | ||
| Q1 25 | 5.5% | 34.7% | ||
| Q4 24 | 6.4% | 163.3% | ||
| Q3 24 | 14.7% | 32.3% | ||
| Q2 24 | -0.5% | 47.2% |
资本支出强度APOGCDP
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 10.7% | ||
| Q3 25 | 1.3% | 3.0% | ||
| Q2 25 | 2.1% | 1.8% | ||
| Q1 25 | 3.2% | 3.7% | ||
| Q4 24 | 2.6% | 17.1% | ||
| Q3 24 | 2.5% | 2.1% | ||
| Q2 24 | 2.2% | 2.9% |
现金转化率APOGCDP
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 7.87× | ||
| Q3 25 | 2.41× | 1.57× | ||
| Q2 25 | — | 2.19× | ||
| Q1 25 | 12.08× | 1.99× | ||
| Q4 24 | 1.48× | 9.08× | ||
| Q3 24 | 1.92× | 1.74× | ||
| Q2 24 | 0.18× | 2.58× |
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% |
CDP
暂无分部数据
