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APOGEE ENTERPRISES, INC.（APOG）与大都会人寿（MET）财务数据对比。点击上方公司名可切换其他公司
大都会人寿的季度营收约是APOGEE ENTERPRISES, INC.的1.7倍（$600.0M vs $348.6M），大都会人寿净利率更高（134.8% vs 4.7%，领先130.1%），大都会人寿同比增速更快（7.9% vs 2.1%），过去两年大都会人寿的营收复合增速更高（2.0% vs -1.9%）
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。
大都会人寿（MetLife）是全球规模领先的保险、年金及员工福利服务提供商之一，创立于1868年，业务覆盖超60个国家和地区，服务约9000万客户，2018年位列《财富》美国500强营收排行榜第43位。
APOG vs MET — 直观对比
营收规模更大
MET
是对方的1.7倍
$348.6M
营收增速更快
MET
高出5.8%
2.1%
净利率更高
MET
高出130.1%
4.7%
两年增速更快
MET
近两年复合增速
-1.9%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $348.6M | $600.0M |
| 净利润 | $16.5M | $809.0M |
| 毛利率 | 23.8% | — |
| 营业利润率 | 7.1% | — |
| 净利率 | 4.7% | 134.8% |
| 营收同比 | 2.1% | 7.9% |
| 净利润同比 | -21.2% | -36.3% |
| 每股收益（稀释后） | $0.77 | $1.18 |
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APOGMET
| Q4 25 | $348.6M | $600.0M | ||
| Q3 25 | $358.2M | $621.0M | ||
| Q2 25 | $346.6M | $604.0M | ||
| Q1 25 | $345.7M | $611.0M | ||
| Q4 24 | $341.3M | $556.0M | ||
| Q3 24 | $342.4M | $554.0M | ||
| Q2 24 | $331.5M | $558.0M | ||
| Q1 24 | $361.8M | $577.0M |
净利润APOGMET
| Q4 25 | $16.5M | $809.0M | ||
| Q3 25 | $23.6M | $896.0M | ||
| Q2 25 | $-2.7M | $729.0M | ||
| Q1 25 | $2.5M | $945.0M | ||
| Q4 24 | $21.0M | $1.3B | ||
| Q3 24 | $30.6M | $1.3B | ||
| Q2 24 | $31.0M | $946.0M | ||
| Q1 24 | $15.7M | $867.0M |
毛利率APOGMET
| 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% | — | ||
| Q1 24 | 24.4% | — |
营业利润率APOGMET
| Q4 25 | 7.1% | — | ||
| Q3 25 | 7.5% | — | ||
| Q2 25 | 2.0% | — | ||
| Q1 25 | 1.8% | — | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.5% | — | ||
| Q1 24 | 6.0% | — |
净利率APOGMET
| Q4 25 | 4.7% | 134.8% | ||
| Q3 25 | 6.6% | 144.3% | ||
| Q2 25 | -0.8% | 120.7% | ||
| Q1 25 | 0.7% | 154.7% | ||
| Q4 24 | 6.1% | 228.6% | ||
| Q3 24 | 8.9% | 242.2% | ||
| Q2 24 | 9.4% | 169.5% | ||
| Q1 24 | 4.3% | 150.3% |
每股收益（稀释后）APOGMET
| Q4 25 | $0.77 | $1.18 | ||
| Q3 25 | $1.10 | $1.22 | ||
| Q2 25 | $-0.13 | $1.03 | ||
| Q1 25 | $0.12 | $1.28 | ||
| Q4 24 | $0.96 | $1.75 | ||
| Q3 24 | $1.40 | $1.81 | ||
| Q2 24 | $1.41 | $1.28 | ||
| Q1 24 | $0.71 | $1.10 |
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 | $41.3M | $25.6B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $512.3M | $28.4B |
| 总资产 | $1.1B | $745.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APOGMET
| Q4 25 | $41.3M | $25.6B | ||
| Q3 25 | $39.5M | $26.2B | ||
| Q2 25 | $32.8M | $27.5B | ||
| Q1 25 | $41.4M | $26.9B | ||
| Q4 24 | $43.9M | $25.2B | ||
| Q3 24 | $51.0M | $26.4B | ||
| Q2 24 | $30.4M | $24.6B | ||
| Q1 24 | $37.2M | $24.7B |
总债务APOGMET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $62.0M | — |
股东权益APOGMET
| Q4 25 | $512.3M | $28.4B | ||
| Q3 25 | $500.2M | $28.9B | ||
| Q2 25 | $481.8M | $27.7B | ||
| Q1 25 | $487.9M | $27.5B | ||
| Q4 24 | $522.1M | $27.4B | ||
| Q3 24 | $506.4M | $30.9B | ||
| Q2 24 | $480.0M | $27.3B | ||
| Q1 24 | $471.0M | $28.5B |
总资产APOGMET
| Q4 25 | $1.1B | $745.2B | ||
| Q3 25 | $1.2B | $719.7B | ||
| Q2 25 | $1.2B | $702.5B | ||
| Q1 25 | $1.2B | $688.3B | ||
| Q4 24 | $1.2B | $677.5B | ||
| Q3 24 | $917.1M | $705.0B | ||
| Q2 24 | $889.0M | $675.7B | ||
| Q1 24 | $884.1M | $677.6B |
负债/权益比APOGMET
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.13× | — |
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 | $29.3M | $7.1B |
| 自由现金流经营现金流 - 资本支出 | $22.9M | — |
| 自由现金流率自由现金流/营收 | 6.6% | — |
| 资本支出强度资本支出/营收 | 1.9% | — |
| 现金转化率经营现金流/净利润 | 1.77× | 8.75× |
| 过去12个月自由现金流最近4个季度 | $67.4M | — |
8季度趋势，按日历期对齐
经营现金流APOGMET
| Q4 25 | $29.3M | $7.1B | ||
| Q3 25 | $57.1M | $3.6B | ||
| Q2 25 | $-19.8M | $2.2B | ||
| Q1 25 | $30.0M | $4.3B | ||
| Q4 24 | $31.0M | $4.6B | ||
| Q3 24 | $58.7M | $4.2B | ||
| Q2 24 | $5.5M | $3.5B | ||
| Q1 24 | $74.9M | $2.3B |
自由现金流APOGMET
| Q4 25 | $22.9M | — | ||
| Q3 25 | $52.4M | — | ||
| Q2 25 | $-26.9M | — | ||
| Q1 25 | $19.1M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $50.2M | — | ||
| Q2 24 | $-1.8M | — | ||
| Q1 24 | $58.7M | — |
自由现金流率APOGMET
| Q4 25 | 6.6% | — | ||
| Q3 25 | 14.6% | — | ||
| Q2 25 | -7.8% | — | ||
| Q1 25 | 5.5% | — | ||
| Q4 24 | 6.4% | — | ||
| Q3 24 | 14.7% | — | ||
| Q2 24 | -0.5% | — | ||
| Q1 24 | 16.2% | — |
资本支出强度APOGMET
| Q4 25 | 1.9% | — | ||
| Q3 25 | 1.3% | — | ||
| Q2 25 | 2.1% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.5% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | 4.5% | — |
现金转化率APOGMET
| Q4 25 | 1.77× | 8.75× | ||
| Q3 25 | 2.41× | 3.98× | ||
| Q2 25 | — | 3.00× | ||
| Q1 25 | 12.08× | 4.51× | ||
| Q4 24 | 1.48× | 3.63× | ||
| Q3 24 | 1.92× | 3.11× | ||
| Q2 24 | 0.18× | 3.69× | ||
| Q1 24 | 4.76× | 2.69× |
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
| Transferred At Point In Time | $163.0M | 47% |
| Architectural Services Segment | $105.2M | 30% |
| Performance Surfaces | $53.0M | 15% |
| UW Interco LLC | $27.9M | 8% |
MET
| Other | $165.0M | 28% |
| Prepaidlegalplansandadministrativeonlycontracts | $158.0M | 26% |
| Vision Fee For Service Arrangements | $140.0M | 23% |
| Administrative Service | $76.0M | 13% |
| Distribution Service | $36.0M | 6% |
| Feebasedinvestmentmanagementservices | $25.0M | 4% |
