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APOGEE ENTERPRISES, INC.（APOG）与Empire State Realty OP, L.P.（ESBA）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Empire State Realty OP, L.P.的1.8倍（$351.4M vs $199.2M），Empire State Realty OP, L.P.净利率更高（16.1% vs 4.7%，领先11.4%），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs 0.8%），过去两年Empire State Realty OP, L.P.的营收复合增速更高（4.9% 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。
Empire State Realty OP, L.P. 是一家房地产运营合伙企业，核心业务为持有、管理及出租优质商业与零售物业，主要布局纽约大都会区，旗下拥有帝国大厦等标志性地标，服务企业租户、零售品牌及旅游相关业务板块。
APOG vs ESBA — 直观对比
营收规模更大
APOG
是对方的1.8倍
$199.2M
营收增速更快
APOG
高出0.8%
0.8%
净利率更高
ESBA
高出11.4%
4.7%
两年增速更快
ESBA
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $199.2M |
| 净利润 | $16.6M | $32.2M |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | 17.8% |
| 净利率 | 4.7% | 16.1% |
| 营收同比 | 1.6% | 0.8% |
| 净利润同比 | 568.8% | 71.2% |
| 每股收益（稀释后） | $0.78 | $0.11 |
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APOGESBA
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $199.2M | ||
| Q3 25 | $358.2M | $197.7M | ||
| Q2 25 | $346.6M | $191.3M | ||
| Q1 25 | $345.7M | $180.1M | ||
| Q4 24 | $341.3M | $197.6M | ||
| Q3 24 | $342.4M | $199.6M | ||
| Q2 24 | $331.5M | $189.5M |
净利润APOGESBA
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $32.2M | ||
| Q3 25 | $23.6M | $13.6M | ||
| Q2 25 | $-2.7M | $11.4M | ||
| Q1 25 | $2.5M | $15.8M | ||
| Q4 24 | $21.0M | $18.8M | ||
| Q3 24 | $30.6M | $22.8M | ||
| Q2 24 | $31.0M | $28.6M |
毛利率APOGESBA
| 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APOGESBA
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 17.8% | ||
| Q3 25 | 7.5% | 19.9% | ||
| Q2 25 | 2.0% | 18.4% | ||
| Q1 25 | 1.8% | 14.3% | ||
| Q4 24 | 8.4% | 21.7% | ||
| Q3 24 | 12.3% | 22.7% | ||
| Q2 24 | 12.5% | 20.8% |
净利率APOGESBA
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 16.1% | ||
| Q3 25 | 6.6% | 6.9% | ||
| Q2 25 | -0.8% | 6.0% | ||
| Q1 25 | 0.7% | 8.8% | ||
| Q4 24 | 6.1% | 9.5% | ||
| Q3 24 | 8.9% | 11.4% | ||
| Q2 24 | 9.4% | 15.1% |
每股收益（稀释后）APOGESBA
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.11 | ||
| Q3 25 | $1.10 | $0.05 | ||
| Q2 25 | $-0.13 | $0.04 | ||
| Q1 25 | $0.12 | $0.05 | ||
| Q4 24 | $0.96 | $0.07 | ||
| Q3 24 | $1.40 | $0.08 | ||
| Q2 24 | $1.41 | $0.10 |
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 | $132.7M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | — |
| 总资产 | $1.1B | $4.5B |
| 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APOGESBA
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $132.7M | ||
| Q3 25 | $39.5M | $154.1M | ||
| Q2 25 | $32.8M | $94.6M | ||
| Q1 25 | $41.4M | $187.8M | ||
| Q4 24 | $43.9M | $385.5M | ||
| Q3 24 | $51.0M | $421.9M | ||
| Q2 24 | $30.4M | $535.5M |
总债务APOGESBA
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APOGESBA
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | — | ||
| Q3 25 | $500.2M | — | ||
| Q2 25 | $481.8M | — | ||
| Q1 25 | $487.9M | — | ||
| Q4 24 | $522.1M | — | ||
| Q3 24 | $506.4M | — | ||
| Q2 24 | $480.0M | — |
总资产APOGESBA
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $4.5B | ||
| Q3 25 | $1.2B | $4.1B | ||
| Q2 25 | $1.2B | $4.1B | ||
| Q1 25 | $1.2B | $4.1B | ||
| Q4 24 | $1.2B | $4.5B | ||
| Q3 24 | $917.1M | $4.4B | ||
| Q2 24 | $889.0M | $4.4B |
负债/权益比APOGESBA
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $249.1M |
| 自由现金流经营现金流 - 资本支出 | — | $50.6M |
| 自由现金流率自由现金流/营收 | — | 25.4% |
| 资本支出强度资本支出/营收 | 7.8% | 99.6% |
| 现金转化率经营现金流/净利润 | 7.37× | 7.74× |
| 过去12个月自由现金流最近4个季度 | — | $109.3M |
8季度趋势，按日历期对齐
经营现金流APOGESBA
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $249.1M | ||
| Q3 25 | $57.1M | $105.3M | ||
| Q2 25 | $-19.8M | $26.7M | ||
| Q1 25 | $30.0M | $83.1M | ||
| Q4 24 | $31.0M | $260.9M | ||
| Q3 24 | $58.7M | $102.8M | ||
| Q2 24 | $5.5M | $37.1M |
自由现金流APOGESBA
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $50.6M | ||
| Q3 25 | $52.4M | $72.8M | ||
| Q2 25 | $-26.9M | $-55.1M | ||
| Q1 25 | $19.1M | $41.1M | ||
| Q4 24 | $22.0M | $88.0M | ||
| Q3 24 | $50.2M | $-65.1M | ||
| Q2 24 | $-1.8M | $19.5M |
自由现金流率APOGESBA
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 25.4% | ||
| Q3 25 | 14.6% | 36.8% | ||
| Q2 25 | -7.8% | -28.8% | ||
| Q1 25 | 5.5% | 22.8% | ||
| Q4 24 | 6.4% | 44.5% | ||
| Q3 24 | 14.7% | -32.6% | ||
| Q2 24 | -0.5% | 10.3% |
资本支出强度APOGESBA
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 99.6% | ||
| Q3 25 | 1.3% | 16.5% | ||
| Q2 25 | 2.1% | 42.8% | ||
| Q1 25 | 3.2% | 23.4% | ||
| Q4 24 | 2.6% | 87.5% | ||
| Q3 24 | 2.5% | 84.1% | ||
| Q2 24 | 2.2% | 9.3% |
现金转化率APOGESBA
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 7.74× | ||
| Q3 25 | 2.41× | 7.72× | ||
| Q2 25 | — | 2.35× | ||
| Q1 25 | 12.08× | 5.27× | ||
| Q4 24 | 1.48× | 13.88× | ||
| Q3 24 | 1.92× | 4.51× | ||
| Q2 24 | 0.18× | 1.30× |
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% |
ESBA
| Real Estate Segment | $163.8M | 82% |
| Observatory Segment | $35.2M | 18% |
