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APOGEE ENTERPRISES, INC.（APOG）与MARCUS CORP（MCS）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MARCUS CORP的1.8倍（$351.4M vs $193.5M），MARCUS CORP同比增速更快（2.8% vs 1.6%），过去两年MARCUS CORP的营收复合增速更高（18.2% 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。
马库斯公司是一家美国企业，主营商业地产领域相关服务，业务覆盖美国与加拿大，提供商业地产经纪、按揭经纪、行业研究以及咨询服务，首创了由单一经纪公司独家代理房源挂牌的行业模式，目前在美加两国设有超过80家办公室，拥有员工超1800名。
APOG vs MCS — 直观对比
营收规模更大
APOG
是对方的1.8倍
$193.5M
营收增速更快
MCS
高出1.2%
1.6%
两年增速更快
MCS
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $193.5M |
| 净利润 | $16.6M | — |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | 0.9% |
| 净利率 | 4.7% | — |
| 营收同比 | 1.6% | 2.8% |
| 净利润同比 | 568.8% | — |
| 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APOGMCS
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $193.5M | ||
| Q3 25 | $358.2M | $210.2M | ||
| Q2 25 | $346.6M | $206.0M | ||
| Q1 25 | $345.7M | $148.8M | ||
| Q4 24 | $341.3M | $188.3M | ||
| Q3 24 | $342.4M | $232.7M | ||
| Q2 24 | $331.5M | $176.0M |
净利润APOGMCS
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | — | ||
| Q3 25 | $23.6M | $16.2M | ||
| Q2 25 | $-2.7M | $7.3M | ||
| Q1 25 | $2.5M | $-16.8M | ||
| Q4 24 | $21.0M | $986.0K | ||
| Q3 24 | $30.6M | $23.3M | ||
| Q2 24 | $31.0M | $-20.2M |
毛利率APOGMCS
| 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APOGMCS
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 0.9% | ||
| Q3 25 | 7.5% | 10.8% | ||
| Q2 25 | 2.0% | 6.3% | ||
| Q1 25 | 1.8% | -13.7% | ||
| Q4 24 | 8.4% | -1.2% | ||
| Q3 24 | 12.3% | 14.1% | ||
| Q2 24 | 12.5% | 1.3% |
净利率APOGMCS
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | — | ||
| Q3 25 | 6.6% | 7.7% | ||
| Q2 25 | -0.8% | 3.6% | ||
| Q1 25 | 0.7% | -11.3% | ||
| Q4 24 | 6.1% | 0.5% | ||
| Q3 24 | 8.9% | 10.0% | ||
| Q2 24 | 9.4% | -11.5% |
每股收益（稀释后）APOGMCS
| 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 | $23.4M |
| 总债务越低越好 | $232.3M | $159.0M |
| 股东权益账面价值 | $511.8M | $457.4M |
| 总资产 | $1.1B | $1.0B |
| 负债/权益比越低杠杆越低 | 0.45× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资APOGMCS
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $23.4M | ||
| Q3 25 | $39.5M | $7.4M | ||
| Q2 25 | $32.8M | $14.9M | ||
| Q1 25 | $41.4M | $11.9M | ||
| Q4 24 | $43.9M | $40.8M | ||
| Q3 24 | $51.0M | $28.4M | ||
| Q2 24 | $30.4M | $32.8M |
总债务APOGMCS
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $159.0M | ||
| Q3 25 | — | $162.0M | ||
| Q2 25 | — | $179.9M | ||
| Q1 25 | $285.0M | $198.9M | ||
| Q4 24 | — | $159.1M | ||
| Q3 24 | — | $173.1M | ||
| Q2 24 | — | $175.7M |
股东权益APOGMCS
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $457.4M | ||
| Q3 25 | $500.2M | $454.3M | ||
| Q2 25 | $481.8M | $448.4M | ||
| Q1 25 | $487.9M | $441.8M | ||
| Q4 24 | $522.1M | $464.9M | ||
| Q3 24 | $506.4M | $462.3M | ||
| Q2 24 | $480.0M | $449.4M |
总资产APOGMCS
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $1.0B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.2B | $1.0B | ||
| Q4 24 | $1.2B | $1.0B | ||
| Q3 24 | $917.1M | $1.0B | ||
| Q2 24 | $889.0M | $1.1B |
负债/权益比APOGMCS
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.35× | ||
| Q3 25 | — | 0.36× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | 0.58× | 0.45× | ||
| Q4 24 | — | 0.34× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.39× |
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 | $48.8M |
| 自由现金流经营现金流 - 资本支出 | — | $26.4M |
| 自由现金流率自由现金流/营收 | — | 13.6% |
| 资本支出强度资本支出/营收 | 7.8% | 11.6% |
| 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 | — | $989.0K |
8季度趋势，按日历期对齐
经营现金流APOGMCS
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $48.8M | ||
| Q3 25 | $57.1M | $39.1M | ||
| Q2 25 | $-19.8M | $31.6M | ||
| Q1 25 | $30.0M | $-35.3M | ||
| Q4 24 | $31.0M | $52.6M | ||
| Q3 24 | $58.7M | $30.5M | ||
| Q2 24 | $5.5M | $36.0M |
自由现金流APOGMCS
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $26.4M | ||
| Q3 25 | $52.4M | $18.2M | ||
| Q2 25 | $-26.9M | $14.7M | ||
| Q1 25 | $19.1M | $-58.3M | ||
| Q4 24 | $22.0M | $27.1M | ||
| Q3 24 | $50.2M | $12.0M | ||
| Q2 24 | $-1.8M | $16.1M |
自由现金流率APOGMCS
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 13.6% | ||
| Q3 25 | 14.6% | 8.7% | ||
| Q2 25 | -7.8% | 7.1% | ||
| Q1 25 | 5.5% | -39.2% | ||
| Q4 24 | 6.4% | 14.4% | ||
| Q3 24 | 14.7% | 5.2% | ||
| Q2 24 | -0.5% | 9.2% |
资本支出强度APOGMCS
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 11.6% | ||
| Q3 25 | 1.3% | 9.9% | ||
| Q2 25 | 2.1% | 8.2% | ||
| Q1 25 | 3.2% | 15.5% | ||
| Q4 24 | 2.6% | 13.5% | ||
| Q3 24 | 2.5% | 7.9% | ||
| Q2 24 | 2.2% | 11.3% |
现金转化率APOGMCS
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 2.41× | ||
| Q2 25 | — | 4.32× | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | 53.31× | ||
| Q3 24 | 1.92× | 1.31× | ||
| 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% |
MCS
| Theatres | $123.1M | 64% |
| Concessions | $51.0M | 26% |
| Food And Beverage | $21.2M | 11% |
