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APOGEE ENTERPRISES, INC.（APOG）与六旗（FUN）财务数据对比。点击上方公司名可切换其他公司
六旗的季度营收约是APOGEE ENTERPRISES, INC.的1.9倍（$650.1M vs $351.4M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs -14.2%，领先18.9%）
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。
六旗娱乐是总部位于美国北卡罗来纳州夏洛特的游乐园运营企业，由雪松会与原六旗公司于2024年7月1日对等合并而成，是全球最大的区域性游乐园运营商。旗下共运营42个场地，包含27座游乐园、15座水上乐园，配套9处 onsite 度假物业。
APOG vs FUN — 直观对比
营收规模更大
FUN
是对方的1.9倍
$351.4M
净利率更高
APOG
高出18.9%
-14.2%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $650.1M |
| 净利润 | $16.6M | $-92.4M |
| 毛利率 | 22.4% | 91.4% |
| 营业利润率 | 7.3% | -3.8% |
| 净利率 | 4.7% | -14.2% |
| 营收同比 | 1.6% | — |
| 净利润同比 | 568.8% | — |
| 每股收益（稀释后） | $0.78 | $-0.93 |
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APOGFUN
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $650.1M | ||
| Q3 25 | $358.2M | $1.3B | ||
| Q2 25 | $346.6M | $930.4M | ||
| Q1 25 | $345.7M | $202.1M | ||
| Q4 24 | $341.3M | — | ||
| Q3 24 | $342.4M | $1.3B | ||
| Q2 24 | $331.5M | $571.6M |
净利润APOGFUN
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-92.4M | ||
| Q3 25 | $23.6M | $-1.2B | ||
| Q2 25 | $-2.7M | $-99.6M | ||
| Q1 25 | $2.5M | $-219.7M | ||
| Q4 24 | $21.0M | — | ||
| Q3 24 | $30.6M | $111.0M | ||
| Q2 24 | $31.0M | $55.6M |
毛利率APOGFUN
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 91.4% | ||
| Q3 25 | 23.1% | 91.6% | ||
| Q2 25 | 21.7% | 91.3% | ||
| Q1 25 | 21.6% | 89.3% | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | 91.9% | ||
| Q2 24 | 29.8% | 90.7% |
营业利润率APOGFUN
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -3.8% | ||
| Q3 25 | 7.5% | -83.7% | ||
| Q2 25 | 2.0% | 8.0% | ||
| Q1 25 | 1.8% | -158.9% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 12.3% | 19.5% | ||
| Q2 24 | 12.5% | 21.6% |
净利率APOGFUN
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -14.2% | ||
| Q3 25 | 6.6% | -90.1% | ||
| Q2 25 | -0.8% | -10.7% | ||
| Q1 25 | 0.7% | -108.7% | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 8.9% | 8.2% | ||
| Q2 24 | 9.4% | 9.7% |
每股收益（稀释后）APOGFUN
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.93 | ||
| Q3 25 | $1.10 | $-11.77 | ||
| Q2 25 | $-0.13 | $-0.99 | ||
| Q1 25 | $0.12 | $-2.20 | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | $1.10 | ||
| Q2 24 | $1.41 | — |
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 | $91.1M |
| 总债务越低越好 | $232.3M | $5.2B |
| 股东权益账面价值 | $511.8M | $549.8M |
| 总资产 | $1.1B | $7.8B |
| 负债/权益比越低杠杆越低 | 0.45× | 9.40× |
8季度趋势，按日历期对齐
现金及短期投资APOGFUN
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $91.1M | ||
| Q3 25 | $39.5M | $70.7M | ||
| Q2 25 | $32.8M | $107.4M | ||
| Q1 25 | $41.4M | $61.5M | ||
| Q4 24 | $43.9M | — | ||
| Q3 24 | $51.0M | $89.7M | ||
| Q2 24 | $30.4M | $52.9M |
总债务APOGFUN
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $5.2B | ||
| Q3 25 | — | $5.0B | ||
| Q2 25 | — | $5.3B | ||
| Q1 25 | $285.0M | $5.0B | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $4.6B | ||
| Q2 24 | — | $2.3B |
股东权益APOGFUN
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $549.8M | ||
| Q3 25 | $500.2M | $614.3M | ||
| Q2 25 | $481.8M | $1.8B | ||
| Q1 25 | $487.9M | $1.8B | ||
| Q4 24 | $522.1M | — | ||
| Q3 24 | $506.4M | $2.3B | ||
| Q2 24 | $480.0M | — |
总资产APOGFUN
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $7.8B | ||
| Q3 25 | $1.2B | $7.9B | ||
| Q2 25 | $1.2B | $9.5B | ||
| Q1 25 | $1.2B | $9.2B | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $917.1M | $9.4B | ||
| Q2 24 | $889.0M | $2.3B |
负债/权益比APOGFUN
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 9.40× | ||
| Q3 25 | — | 8.16× | ||
| Q2 25 | — | 2.97× | ||
| Q1 25 | 0.58× | 2.75× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.95× | ||
| 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 | $-37.7M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -16.8% |
| 资本支出强度资本支出/营收 | 7.8% | 11.0% |
| 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 | — | $-152.2M |
8季度趋势，按日历期对齐
经营现金流APOGFUN
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $-37.7M | ||
| Q3 25 | $57.1M | $356.2M | ||
| Q2 25 | $-19.8M | $187.0M | ||
| Q1 25 | $30.0M | $-178.0M | ||
| Q4 24 | $31.0M | — | ||
| Q3 24 | $58.7M | $337.4M | ||
| Q2 24 | $5.5M | — |
自由现金流APOGFUN
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-109.3M | ||
| Q3 25 | $52.4M | $256.2M | ||
| Q2 25 | $-26.9M | $18.8M | ||
| Q1 25 | $19.1M | $-318.0M | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | $227.7M | ||
| Q2 24 | $-1.8M | — |
自由现金流率APOGFUN
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | -16.8% | ||
| Q3 25 | 14.6% | 19.4% | ||
| Q2 25 | -7.8% | 2.0% | ||
| Q1 25 | 5.5% | -157.4% | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | 16.9% | ||
| Q2 24 | -0.5% | — |
资本支出强度APOGFUN
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 11.0% | ||
| Q3 25 | 1.3% | 7.6% | ||
| Q2 25 | 2.1% | 18.1% | ||
| Q1 25 | 3.2% | 69.3% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | 8.1% | ||
| Q2 24 | 2.2% | — |
现金转化率APOGFUN
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 3.04× | ||
| Q2 24 | 0.18× | — |
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% |
FUN
| Admission | $327.4M | 50% |
| Food Merchandiseand Gaming | $205.7M | 32% |
| Accommodations Extra Charge Products And Other | $117.0M | 18% |
