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APOGEE ENTERPRISES, INC.（APOG）与百胜餐饮集团（LCUT）财务数据对比。点击上方公司名可切换其他公司
APOGEE ENTERPRISES, INC.的季度营收约是百胜餐饮集团的1.7倍（$351.4M vs $204.1M），百胜餐饮集团净利率更高（8.9% vs 4.7%，领先4.2%），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs -5.2%），过去两年百胜餐饮集团的营收复合增速更高（19.8% 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。
百胜餐饮集团是美国跨国快餐企业，1977年百事可乐收购肯德基、必胜客、塔可Bell后将其整合为旗下子公司，1997年百事剥离该业务板块后正式独立为百胜集团。集团目前运营肯德基、必胜客、塔可Bell、哈比特汉堡等多个餐饮品牌，同时布局相关餐饮科技业务，门店网络遍布全球多个国家和地区。
APOG vs LCUT — 直观对比
营收规模更大
APOG
是对方的1.7倍
$204.1M
营收增速更快
APOG
高出6.8%
-5.2%
净利率更高
LCUT
高出4.2%
4.7%
两年增速更快
LCUT
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $204.1M |
| 净利润 | $16.6M | $18.2M |
| 毛利率 | 22.4% | 38.6% |
| 营业利润率 | 7.3% | 9.8% |
| 净利率 | 4.7% | 8.9% |
| 营收同比 | 1.6% | -5.2% |
| 净利润同比 | 568.8% | 103.5% |
| 每股收益（稀释后） | $0.78 | $0.83 |
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APOGLCUT
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $204.1M | ||
| Q3 25 | $358.2M | $171.9M | ||
| Q2 25 | $346.6M | $131.9M | ||
| Q1 25 | $345.7M | $140.1M | ||
| Q4 24 | $341.3M | $215.2M | ||
| Q3 24 | $342.4M | $183.8M | ||
| Q2 24 | $331.5M | $141.7M |
净利润APOGLCUT
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $18.2M | ||
| Q3 25 | $23.6M | $-1.2M | ||
| Q2 25 | $-2.7M | $-39.7M | ||
| Q1 25 | $2.5M | $-4.2M | ||
| Q4 24 | $21.0M | $8.9M | ||
| Q3 24 | $30.6M | $344.0K | ||
| Q2 24 | $31.0M | $-18.2M |
毛利率APOGLCUT
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 38.6% | ||
| Q3 25 | 23.1% | 35.1% | ||
| Q2 25 | 21.7% | 38.6% | ||
| Q1 25 | 21.6% | 36.1% | ||
| Q4 24 | 26.1% | 37.7% | ||
| Q3 24 | 28.4% | 36.7% | ||
| Q2 24 | 29.8% | 38.5% |
营业利润率APOGLCUT
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 9.8% | ||
| Q3 25 | 7.5% | 3.9% | ||
| Q2 25 | 2.0% | -28.2% | ||
| Q1 25 | 1.8% | 0.8% | ||
| Q4 24 | 8.4% | 7.2% | ||
| Q3 24 | 12.3% | 4.7% | ||
| Q2 24 | 12.5% | 0.8% |
净利率APOGLCUT
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 8.9% | ||
| Q3 25 | 6.6% | -0.7% | ||
| Q2 25 | -0.8% | -30.1% | ||
| Q1 25 | 0.7% | -3.0% | ||
| Q4 24 | 6.1% | 4.1% | ||
| Q3 24 | 8.9% | 0.2% | ||
| Q2 24 | 9.4% | -12.8% |
每股收益（稀释后）APOGLCUT
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.83 | ||
| Q3 25 | $1.10 | $-0.05 | ||
| Q2 25 | $-0.13 | $-1.83 | ||
| Q1 25 | $0.12 | $-0.19 | ||
| Q4 24 | $0.96 | $0.41 | ||
| Q3 24 | $1.40 | $0.02 | ||
| Q2 24 | $1.41 | $-0.85 |
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 | $4.3M |
| 总债务越低越好 | $232.3M | $135.0M |
| 股东权益账面价值 | $511.8M | $202.3M |
| 总资产 | $1.1B | $572.6M |
| 负债/权益比越低杠杆越低 | 0.45× | 0.67× |
8季度趋势，按日历期对齐
现金及短期投资APOGLCUT
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $4.3M | ||
| Q3 25 | $39.5M | $12.1M | ||
| Q2 25 | $32.8M | $12.0M | ||
| Q1 25 | $41.4M | $10.4M | ||
| Q4 24 | $43.9M | $2.9M | ||
| Q3 24 | $51.0M | $6.0M | ||
| Q2 24 | $30.4M | $3.4M |
总债务APOGLCUT
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $135.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APOGLCUT
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $202.3M | ||
| Q3 25 | $500.2M | $184.6M | ||
| Q2 25 | $481.8M | $185.8M | ||
| Q1 25 | $487.9M | $225.7M | ||
| Q4 24 | $522.1M | $229.9M | ||
| Q3 24 | $506.4M | $220.9M | ||
| Q2 24 | $480.0M | $219.8M |
总资产APOGLCUT
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $572.6M | ||
| Q3 25 | $1.2B | $581.1M | ||
| Q2 25 | $1.2B | $551.9M | ||
| Q1 25 | $1.2B | $594.6M | ||
| Q4 24 | $1.2B | $634.3M | ||
| Q3 24 | $917.1M | $668.7M | ||
| Q2 24 | $889.0M | $617.0M |
负债/权益比APOGLCUT
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.67× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | 0.62× | ||
| 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 | $3.7M |
| 自由现金流经营现金流 - 资本支出 | — | $2.6M |
| 自由现金流率自由现金流/营收 | — | 1.3% |
| 资本支出强度资本支出/营收 | 7.8% | 0.6% |
| 现金转化率经营现金流/净利润 | 7.37× | 0.21× |
| 过去12个月自由现金流最近4个季度 | — | $3.3M |
8季度趋势，按日历期对齐
经营现金流APOGLCUT
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $3.7M | ||
| Q3 25 | $57.1M | $-22.2M | ||
| Q2 25 | $-19.8M | $9.3M | ||
| Q1 25 | $30.0M | $16.7M | ||
| Q4 24 | $31.0M | $20.3M | ||
| Q3 24 | $58.7M | $-22.7M | ||
| Q2 24 | $5.5M | $10.4M |
自由现金流APOGLCUT
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $2.6M | ||
| Q3 25 | $52.4M | $-22.7M | ||
| Q2 25 | $-26.9M | $8.2M | ||
| Q1 25 | $19.1M | $15.1M | ||
| Q4 24 | $22.0M | $19.7M | ||
| Q3 24 | $50.2M | $-23.2M | ||
| Q2 24 | $-1.8M | $9.9M |
自由现金流率APOGLCUT
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 1.3% | ||
| Q3 25 | 14.6% | -13.2% | ||
| Q2 25 | -7.8% | 6.2% | ||
| Q1 25 | 5.5% | 10.8% | ||
| Q4 24 | 6.4% | 9.1% | ||
| Q3 24 | 14.7% | -12.6% | ||
| Q2 24 | -0.5% | 7.0% |
资本支出强度APOGLCUT
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.6% | ||
| Q3 25 | 1.3% | 0.3% | ||
| Q2 25 | 2.1% | 0.9% | ||
| Q1 25 | 3.2% | 1.1% | ||
| Q4 24 | 2.6% | 0.3% | ||
| Q3 24 | 2.5% | 0.3% | ||
| Q2 24 | 2.2% | 0.4% |
现金转化率APOGLCUT
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 0.21× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | 2.28× | ||
| Q3 24 | 1.92× | -65.89× | ||
| 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% |
LCUT
| Kitchenware | $114.3M | 56% |
| Tableware | $41.7M | 20% |
| Home Solutions | $29.4M | 14% |
| Other | $18.8M | 9% |
