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APOGEE ENTERPRISES, INC.（APOG）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是APOGEE ENTERPRISES, INC.的1.3倍（$461.6M vs $351.4M），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs -4.1%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
APOG vs SAM — 直观对比
营收规模更大
SAM
是对方的1.3倍
$351.4M
营收增速更快
APOG
高出5.7%
-4.1%
两年增速更快
APOG
近两年复合增速
-10.7%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $461.6M |
| 净利润 | $16.6M | — |
| 毛利率 | 22.4% | 46.4% |
| 营业利润率 | 7.3% | 12.4% |
| 净利率 | 4.7% | — |
| 营收同比 | 1.6% | -4.1% |
| 净利润同比 | 568.8% | — |
| 每股收益（稀释后） | $0.78 | $2.16 |
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APOGSAM
| Q1 26 | $351.4M | $461.6M | ||
| Q4 25 | $348.6M | $385.7M | ||
| Q3 25 | $358.2M | $537.5M | ||
| Q2 25 | $346.6M | $587.9M | ||
| Q1 25 | $345.7M | $453.9M | ||
| Q4 24 | $341.3M | $402.3M | ||
| Q3 24 | $342.4M | $605.5M | ||
| Q2 24 | $331.5M | $579.1M |
净利润APOGSAM
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-22.5M | ||
| Q3 25 | $23.6M | $46.2M | ||
| Q2 25 | $-2.7M | $60.4M | ||
| Q1 25 | $2.5M | $24.4M | ||
| Q4 24 | $21.0M | $-38.8M | ||
| Q3 24 | $30.6M | $33.5M | ||
| Q2 24 | $31.0M | $52.3M |
毛利率APOGSAM
| Q1 26 | 22.4% | 46.4% | ||
| Q4 25 | 23.8% | 43.5% | ||
| Q3 25 | 23.1% | 50.8% | ||
| Q2 25 | 21.7% | 49.8% | ||
| Q1 25 | 21.6% | 48.3% | ||
| Q4 24 | 26.1% | 39.9% | ||
| Q3 24 | 28.4% | 46.3% | ||
| Q2 24 | 29.8% | 46.0% |
营业利润率APOGSAM
| Q1 26 | 7.3% | 12.4% | ||
| Q4 25 | 7.1% | -8.6% | ||
| Q3 25 | 7.5% | 11.5% | ||
| Q2 25 | 2.0% | 14.0% | ||
| Q1 25 | 1.8% | 7.4% | ||
| Q4 24 | 8.4% | -13.9% | ||
| Q3 24 | 12.3% | 7.6% | ||
| Q2 24 | 12.5% | 12.2% |
净利率APOGSAM
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -5.8% | ||
| Q3 25 | 6.6% | 8.6% | ||
| Q2 25 | -0.8% | 10.3% | ||
| Q1 25 | 0.7% | 5.4% | ||
| Q4 24 | 6.1% | -9.6% | ||
| Q3 24 | 8.9% | 5.5% | ||
| Q2 24 | 9.4% | 9.0% |
每股收益（稀释后）APOGSAM
| Q1 26 | $0.78 | $2.16 | ||
| Q4 25 | $0.77 | $-1.97 | ||
| Q3 25 | $1.10 | $4.25 | ||
| Q2 25 | $-0.13 | $5.45 | ||
| Q1 25 | $0.12 | $2.16 | ||
| Q4 24 | $0.96 | $-3.23 | ||
| Q3 24 | $1.40 | $2.86 | ||
| Q2 24 | $1.41 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $682.6M |
| 总资产 | $1.1B | $1.2B |
| 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APOGSAM
| Q1 26 | $39.5M | $164.1M | ||
| Q4 25 | $41.3M | $223.4M | ||
| Q3 25 | $39.5M | $250.5M | ||
| Q2 25 | $32.8M | $212.4M | ||
| Q1 25 | $41.4M | $152.5M | ||
| Q4 24 | $43.9M | $211.8M | ||
| Q3 24 | $51.0M | $255.6M | ||
| Q2 24 | $30.4M | $219.3M |
总债务APOGSAM
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APOGSAM
| Q1 26 | $511.8M | $682.6M | ||
| Q4 25 | $512.3M | $846.3M | ||
| Q3 25 | $500.2M | $911.0M | ||
| Q2 25 | $481.8M | $912.3M | ||
| Q1 25 | $487.9M | $897.0M | ||
| Q4 24 | $522.1M | $916.2M | ||
| Q3 24 | $506.4M | $1.0B | ||
| Q2 24 | $480.0M | $1.0B |
总资产APOGSAM
| Q1 26 | $1.1B | $1.2B | ||
| Q4 25 | $1.1B | $1.2B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.2B | $1.3B | ||
| Q1 25 | $1.2B | $1.2B | ||
| Q4 24 | $1.2B | $1.3B | ||
| Q3 24 | $917.1M | $1.4B | ||
| Q2 24 | $889.0M | $1.4B |
负债/权益比APOGSAM
| 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 | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 7.8% | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流APOGSAM
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $39.9M | ||
| Q3 25 | $57.1M | $101.8M | ||
| Q2 25 | $-19.8M | $126.5M | ||
| Q1 25 | $30.0M | $1.9M | ||
| Q4 24 | $31.0M | $41.9M | ||
| Q3 24 | $58.7M | $115.9M | ||
| Q2 24 | $5.5M | $96.0M |
自由现金流APOGSAM
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $22.1M | ||
| Q3 25 | $52.4M | $89.2M | ||
| Q2 25 | $-26.9M | $112.2M | ||
| Q1 25 | $19.1M | $-8.0M | ||
| Q4 24 | $22.0M | $18.4M | ||
| Q3 24 | $50.2M | $99.2M | ||
| Q2 24 | $-1.8M | $75.6M |
自由现金流率APOGSAM
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 5.7% | ||
| Q3 25 | 14.6% | 16.6% | ||
| Q2 25 | -7.8% | 19.1% | ||
| Q1 25 | 5.5% | -1.8% | ||
| Q4 24 | 6.4% | 4.6% | ||
| Q3 24 | 14.7% | 16.4% | ||
| Q2 24 | -0.5% | 13.1% |
资本支出强度APOGSAM
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 4.6% | ||
| Q3 25 | 1.3% | 2.3% | ||
| Q2 25 | 2.1% | 2.4% | ||
| Q1 25 | 3.2% | 2.2% | ||
| Q4 24 | 2.6% | 5.8% | ||
| Q3 24 | 2.5% | 2.8% | ||
| Q2 24 | 2.2% | 3.5% |
现金转化率APOGSAM
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 2.21× | ||
| Q2 25 | — | 2.09× | ||
| Q1 25 | 12.08× | 0.08× | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | 3.46× | ||
| Q2 24 | 0.18× | 1.83× |
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% |
SAM
暂无分部数据
