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APOGEE ENTERPRISES, INC.（APOG）与HAVERTY FURNITURE COMPANIES INC（HVT）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HAVERTY FURNITURE COMPANIES INC的1.7倍（$351.4M vs $201.9M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs 4.2%，领先0.5%），HAVERTY FURNITURE COMPANIES INC同比增速更快（9.5% vs 1.6%），过去两年HAVERTY FURNITURE COMPANIES INC的营收复合增速更高（4.8% 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。
该企业原名为国际鞋业公司，1911年由两家鞋企合并成立于美国密苏里州克莱顿，后开展多元化业务并逐步退出制鞋领域，最终更名为家具品牌国际，是美国家居行业知名企业，曾拥有布罗伊希尔等多个知名家具品牌。
APOG vs HVT — 直观对比
营收规模更大
APOG
是对方的1.7倍
$201.9M
营收增速更快
HVT
高出7.9%
1.6%
净利率更高
APOG
高出0.5%
4.2%
两年增速更快
HVT
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $201.9M |
| 净利润 | $16.6M | $8.5M |
| 毛利率 | 22.4% | 60.4% |
| 营业利润率 | 7.3% | 5.3% |
| 净利率 | 4.7% | 4.2% |
| 营收同比 | 1.6% | 9.5% |
| 净利润同比 | 568.8% | 4.1% |
| 每股收益（稀释后） | $0.78 | — |
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APOGHVT
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $201.9M | ||
| Q3 25 | $358.2M | $194.5M | ||
| Q2 25 | $346.6M | $181.0M | ||
| Q1 25 | $345.7M | $181.6M | ||
| Q4 24 | $341.3M | $184.4M | ||
| Q3 24 | $342.4M | $175.9M | ||
| Q2 24 | $331.5M | $178.6M |
净利润APOGHVT
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $8.5M | ||
| Q3 25 | $23.6M | $4.7M | ||
| Q2 25 | $-2.7M | $2.7M | ||
| Q1 25 | $2.5M | $3.8M | ||
| Q4 24 | $21.0M | $8.2M | ||
| Q3 24 | $30.6M | $4.9M | ||
| Q2 24 | $31.0M | $4.4M |
毛利率APOGHVT
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 60.4% | ||
| Q3 25 | 23.1% | 60.3% | ||
| Q2 25 | 21.7% | 60.8% | ||
| Q1 25 | 21.6% | 61.2% | ||
| Q4 24 | 26.1% | 61.9% | ||
| Q3 24 | 28.4% | 60.2% | ||
| Q2 24 | 29.8% | 60.4% |
营业利润率APOGHVT
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 5.3% | ||
| Q3 25 | 7.5% | 3.3% | ||
| Q2 25 | 2.0% | 2.4% | ||
| Q1 25 | 1.8% | 2.9% | ||
| Q4 24 | 8.4% | 5.2% | ||
| Q3 24 | 12.3% | 3.9% | ||
| Q2 24 | 12.5% | 3.6% |
净利率APOGHVT
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 4.2% | ||
| Q3 25 | 6.6% | 2.4% | ||
| Q2 25 | -0.8% | 1.5% | ||
| Q1 25 | 0.7% | 2.1% | ||
| Q4 24 | 6.1% | 4.4% | ||
| Q3 24 | 8.9% | 2.8% | ||
| Q2 24 | 9.4% | 2.5% |
每股收益（稀释后）APOGHVT
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | — | ||
| Q3 25 | $1.10 | — | ||
| Q2 25 | $-0.13 | — | ||
| Q1 25 | $0.12 | — | ||
| Q4 24 | $0.96 | — | ||
| Q3 24 | $1.40 | — | ||
| 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 | $125.3M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $307.9M |
| 总资产 | $1.1B | $649.1M |
| 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APOGHVT
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $125.3M | ||
| Q3 25 | $39.5M | $130.5M | ||
| Q2 25 | $32.8M | $107.4M | ||
| Q1 25 | $41.4M | $111.9M | ||
| Q4 24 | $43.9M | $120.0M | ||
| Q3 24 | $51.0M | $121.2M | ||
| Q2 24 | $30.4M | $109.9M |
总债务APOGHVT
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APOGHVT
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $307.9M | ||
| Q3 25 | $500.2M | $306.0M | ||
| Q2 25 | $481.8M | $304.9M | ||
| Q1 25 | $487.9M | $305.4M | ||
| Q4 24 | $522.1M | $307.6M | ||
| Q3 24 | $506.4M | $307.8M | ||
| Q2 24 | $480.0M | $307.1M |
总资产APOGHVT
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $649.1M | ||
| Q3 25 | $1.2B | $651.7M | ||
| Q2 25 | $1.2B | $642.7M | ||
| Q1 25 | $1.2B | $642.7M | ||
| Q4 24 | $1.2B | $648.7M | ||
| Q3 24 | $917.1M | $659.3M | ||
| Q2 24 | $889.0M | $642.1M |
负债/权益比APOGHVT
| 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 | $7.4M |
| 自由现金流经营现金流 - 资本支出 | — | $3.0M |
| 自由现金流率自由现金流/营收 | — | 1.5% |
| 资本支出强度资本支出/营收 | 7.8% | 2.2% |
| 现金转化率经营现金流/净利润 | 7.37× | 0.86× |
| 过去12个月自由现金流最近4个季度 | — | $33.0M |
8季度趋势，按日历期对齐
经营现金流APOGHVT
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $7.4M | ||
| Q3 25 | $57.1M | $31.9M | ||
| Q2 25 | $-19.8M | $7.2M | ||
| Q1 25 | $30.0M | $6.2M | ||
| Q4 24 | $31.0M | $16.9M | ||
| Q3 24 | $58.7M | $24.4M | ||
| Q2 24 | $5.5M | $14.4M |
自由现金流APOGHVT
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $3.0M | ||
| Q3 25 | $52.4M | $28.3M | ||
| Q2 25 | $-26.9M | $1.6M | ||
| Q1 25 | $19.1M | $27.0K | ||
| Q4 24 | $22.0M | $9.1M | ||
| Q3 24 | $50.2M | $16.1M | ||
| Q2 24 | $-1.8M | $4.9M |
自由现金流率APOGHVT
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 1.5% | ||
| Q3 25 | 14.6% | 14.6% | ||
| Q2 25 | -7.8% | 0.9% | ||
| Q1 25 | 5.5% | 0.0% | ||
| Q4 24 | 6.4% | 4.9% | ||
| Q3 24 | 14.7% | 9.2% | ||
| Q2 24 | -0.5% | 2.7% |
资本支出强度APOGHVT
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 2.2% | ||
| Q3 25 | 1.3% | 1.8% | ||
| Q2 25 | 2.1% | 3.1% | ||
| Q1 25 | 3.2% | 3.4% | ||
| Q4 24 | 2.6% | 4.2% | ||
| Q3 24 | 2.5% | 4.7% | ||
| Q2 24 | 2.2% | 5.3% |
现金转化率APOGHVT
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 0.86× | ||
| Q3 25 | 2.41× | 6.75× | ||
| Q2 25 | — | 2.69× | ||
| Q1 25 | 12.08× | 1.63× | ||
| Q4 24 | 1.48× | 2.06× | ||
| Q3 24 | 1.92× | 4.96× | ||
| Q2 24 | 0.18× | 3.25× |
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% |
HVT
| Upholstery | $91.0M | 45% |
| Bedroom Furniture | $29.2M | 14% |
| Accessories And Other | $28.4M | 14% |
| Dining Room Furniture | $22.8M | 11% |
| Mattresses | $16.1M | 8% |
| Occasional | $14.4M | 7% |
