vs
APOGEE ENTERPRISES, INC.（APOG）与SPORTSMAN'S WAREHOUSE HOLDINGS, INC.（SPWH）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SPORTSMAN'S WAREHOUSE HOLDINGS, INC.的1.1倍（$351.4M vs $331.3M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs 0.0%，领先4.7%），SPORTSMAN'S WAREHOUSE HOLDINGS, INC.同比增速更快（2.2% vs 1.6%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs -5.4%）
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。
运动员仓库控股（Sportsman's Warehouse）是美国户外体育用品零售商，门店遍布全美29个州，主要面向狩猎、射击、露营、垂钓等各类户外休闲运动爱好者，销售户外服饰、鞋履及专业运动装备。
APOG vs SPWH — 直观对比
营收规模更大
APOG
是对方的1.1倍
$331.3M
营收增速更快
SPWH
高出0.6%
1.6%
净利率更高
APOG
高出4.7%
0.0%
两年增速更快
APOG
近两年复合增速
-5.4%
损益表 — Q4 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $331.3M |
| 净利润 | $16.6M | $8.0K |
| 毛利率 | 22.4% | 32.8% |
| 营业利润率 | 7.3% | 1.3% |
| 净利率 | 4.7% | 0.0% |
| 营收同比 | 1.6% | 2.2% |
| 净利润同比 | 568.8% | -97.8% |
| 每股收益（稀释后） | $0.78 | $0.00 |
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APOGSPWH
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $331.3M | ||
| Q3 25 | $358.2M | $293.9M | ||
| Q2 25 | $346.6M | $249.1M | ||
| Q1 25 | $345.7M | $340.4M | ||
| Q4 24 | $341.3M | $324.3M | ||
| Q3 24 | $342.4M | $288.7M | ||
| Q2 24 | $331.5M | $244.2M |
净利润APOGSPWH
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $8.0K | ||
| Q3 25 | $23.6M | $-7.1M | ||
| Q2 25 | $-2.7M | $-21.3M | ||
| Q1 25 | $2.5M | $-8.7M | ||
| Q4 24 | $21.0M | $-364.0K | ||
| Q3 24 | $30.6M | $-5.9M | ||
| Q2 24 | $31.0M | $-18.1M |
毛利率APOGSPWH
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 32.8% | ||
| Q3 25 | 23.1% | 32.0% | ||
| Q2 25 | 21.7% | 30.4% | ||
| Q1 25 | 21.6% | 30.4% | ||
| Q4 24 | 26.1% | 31.8% | ||
| Q3 24 | 28.4% | 31.2% | ||
| Q2 24 | 29.8% | 30.2% |
营业利润率APOGSPWH
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | 1.3% | ||
| Q3 25 | 7.5% | -1.1% | ||
| Q2 25 | 2.0% | -7.9% | ||
| Q1 25 | 1.8% | 1.1% | ||
| Q4 24 | 8.4% | 1.0% | ||
| Q3 24 | 12.3% | -1.5% | ||
| Q2 24 | 12.5% | -8.4% |
净利率APOGSPWH
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | 0.0% | ||
| Q3 25 | 6.6% | -2.4% | ||
| Q2 25 | -0.8% | -8.5% | ||
| Q1 25 | 0.7% | -2.6% | ||
| Q4 24 | 6.1% | -0.1% | ||
| Q3 24 | 8.9% | -2.0% | ||
| Q2 24 | 9.4% | -7.4% |
每股收益（稀释后）APOGSPWH
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $0.00 | ||
| Q3 25 | $1.10 | $-0.18 | ||
| Q2 25 | $-0.13 | $-0.56 | ||
| Q1 25 | $0.12 | $-0.22 | ||
| Q4 24 | $0.96 | $-0.01 | ||
| Q3 24 | $1.40 | $-0.16 | ||
| Q2 24 | $1.41 | $-0.48 |
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 | $2.2M |
| 总债务越低越好 | $232.3M | $44.0M |
| 股东权益账面价值 | $511.8M | $209.5M |
| 总资产 | $1.1B | $913.9M |
| 负债/权益比越低杠杆越低 | 0.45× | 0.21× |
8季度趋势，按日历期对齐
现金及短期投资APOGSPWH
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $2.2M | ||
| Q3 25 | $39.5M | $1.8M | ||
| Q2 25 | $32.8M | $3.6M | ||
| Q1 25 | $41.4M | $2.8M | ||
| Q4 24 | $43.9M | $2.7M | ||
| Q3 24 | $51.0M | $2.6M | ||
| Q2 24 | $30.4M | $2.2M |
总债务APOGSPWH
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $44.0M | ||
| Q3 25 | — | $43.9M | ||
| Q2 25 | — | $24.1M | ||
| Q1 25 | $285.0M | $24.1M | ||
| Q4 24 | — | $24.0M | ||
| Q3 24 | — | $24.0M | ||
| Q2 24 | — | — |
股东权益APOGSPWH
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $209.5M | ||
| Q3 25 | $500.2M | $208.9M | ||
| Q2 25 | $481.8M | $215.1M | ||
| Q1 25 | $487.9M | $235.7M | ||
| Q4 24 | $522.1M | $243.6M | ||
| Q3 24 | $506.4M | $243.0M | ||
| Q2 24 | $480.0M | $247.5M |
总资产APOGSPWH
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $913.9M | ||
| Q3 25 | $1.2B | $948.9M | ||
| Q2 25 | $1.2B | $929.7M | ||
| Q1 25 | $1.2B | $852.1M | ||
| Q4 24 | $1.2B | $967.7M | ||
| Q3 24 | $917.1M | $901.9M | ||
| Q2 24 | $889.0M | $930.4M |
负债/权益比APOGSPWH
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.11× | ||
| Q1 25 | 0.58× | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| 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 | $16.3M |
| 自由现金流经营现金流 - 资本支出 | — | $8.7M |
| 自由现金流率自由现金流/营收 | — | 2.6% |
| 资本支出强度资本支出/营收 | 7.8% | 2.3% |
| 现金转化率经营现金流/净利润 | 7.37× | 2038.00× |
| 过去12个月自由现金流最近4个季度 | — | $-39.7M |
8季度趋势，按日历期对齐
经营现金流APOGSPWH
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $16.3M | ||
| Q3 25 | $57.1M | $-26.6M | ||
| Q2 25 | $-19.8M | $-60.2M | ||
| Q1 25 | $30.0M | $52.8M | ||
| Q4 24 | $31.0M | $-2.5M | ||
| Q3 24 | $58.7M | $18.5M | ||
| Q2 24 | $5.5M | $-34.6M |
自由现金流APOGSPWH
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $8.7M | ||
| Q3 25 | $52.4M | $-33.9M | ||
| Q2 25 | $-26.9M | $-64.0M | ||
| Q1 25 | $19.1M | $49.6M | ||
| Q4 24 | $22.0M | $-6.2M | ||
| Q3 24 | $50.2M | $14.1M | ||
| Q2 24 | $-1.8M | $-38.0M |
自由现金流率APOGSPWH
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 2.6% | ||
| Q3 25 | 14.6% | -11.5% | ||
| Q2 25 | -7.8% | -25.7% | ||
| Q1 25 | 5.5% | 14.6% | ||
| Q4 24 | 6.4% | -1.9% | ||
| Q3 24 | 14.7% | 4.9% | ||
| Q2 24 | -0.5% | -15.5% |
资本支出强度APOGSPWH
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 2.3% | ||
| Q3 25 | 1.3% | 2.5% | ||
| Q2 25 | 2.1% | 1.5% | ||
| Q1 25 | 3.2% | 1.0% | ||
| Q4 24 | 2.6% | 1.1% | ||
| Q3 24 | 2.5% | 1.5% | ||
| Q2 24 | 2.2% | 1.4% |
现金转化率APOGSPWH
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | 2038.00× | ||
| Q3 25 | 2.41× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | — | ||
| Q3 24 | 1.92× | — | ||
| 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% |
SPWH
暂无分部数据
