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APOGEE ENTERPRISES, INC.（APOG）与猫途鹰（TRIP）财务数据对比。点击上方公司名可切换其他公司
猫途鹰的季度营收约是APOGEE ENTERPRISES, INC.的1.2倍（$411.0M vs $351.4M），APOGEE ENTERPRISES, INC.净利率更高（4.7% vs -9.2%，领先14.0%），APOGEE ENTERPRISES, INC.同比增速更快（1.6% vs 0.0%），过去两年APOGEE ENTERPRISES, INC.的营收复合增速更高（2.9% vs 2.0%）
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。
TripAdvisor是美国知名在线旅游服务企业，旗下运营在线旅行社平台、旅游产品比价网站及移动应用，平台拥有大量用户生成的真实旅行内容，为全球消费者提供出行规划、预订等多元服务。
APOG vs TRIP — 直观对比
营收规模更大
TRIP
是对方的1.2倍
$351.4M
营收增速更快
APOG
高出1.6%
0.0%
净利率更高
APOG
高出14.0%
-9.2%
两年增速更快
APOG
近两年复合增速
2.0%
损益表 — Q4 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $411.0M |
| 净利润 | $16.6M | $-38.0M |
| 毛利率 | 22.4% | 91.5% |
| 营业利润率 | 7.3% | -8.3% |
| 净利率 | 4.7% | -9.2% |
| 营收同比 | 1.6% | 0.0% |
| 净利润同比 | 568.8% | -3900.0% |
| 每股收益（稀释后） | $0.78 | $-0.32 |
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APOGTRIP
| Q1 26 | $351.4M | — | ||
| Q4 25 | $348.6M | $411.0M | ||
| Q3 25 | $358.2M | $553.0M | ||
| Q2 25 | $346.6M | $529.0M | ||
| Q1 25 | $345.7M | $398.0M | ||
| Q4 24 | $341.3M | $411.0M | ||
| Q3 24 | $342.4M | $532.0M | ||
| Q2 24 | $331.5M | $497.0M |
净利润APOGTRIP
| Q1 26 | $16.6M | — | ||
| Q4 25 | $16.5M | $-38.0M | ||
| Q3 25 | $23.6M | $53.0M | ||
| Q2 25 | $-2.7M | $36.0M | ||
| Q1 25 | $2.5M | $-11.0M | ||
| Q4 24 | $21.0M | $1.0M | ||
| Q3 24 | $30.6M | $39.0M | ||
| Q2 24 | $31.0M | $24.0M |
毛利率APOGTRIP
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | 91.5% | ||
| Q3 25 | 23.1% | 92.6% | ||
| Q2 25 | 21.7% | 92.1% | ||
| Q1 25 | 21.6% | 93.2% | ||
| Q4 24 | 26.1% | 93.4% | ||
| Q3 24 | 28.4% | 92.5% | ||
| Q2 24 | 29.8% | 92.8% |
营业利润率APOGTRIP
| Q1 26 | 7.3% | — | ||
| Q4 25 | 7.1% | -8.3% | ||
| Q3 25 | 7.5% | 12.7% | ||
| Q2 25 | 2.0% | 11.2% | ||
| Q1 25 | 1.8% | -3.8% | ||
| Q4 24 | 8.4% | 0.2% | ||
| Q3 24 | 12.3% | 13.2% | ||
| Q2 24 | 12.5% | 7.2% |
净利率APOGTRIP
| Q1 26 | 4.7% | — | ||
| Q4 25 | 4.7% | -9.2% | ||
| Q3 25 | 6.6% | 9.6% | ||
| Q2 25 | -0.8% | 6.8% | ||
| Q1 25 | 0.7% | -2.8% | ||
| Q4 24 | 6.1% | 0.2% | ||
| Q3 24 | 8.9% | 7.3% | ||
| Q2 24 | 9.4% | 4.8% |
每股收益（稀释后）APOGTRIP
| Q1 26 | $0.78 | — | ||
| Q4 25 | $0.77 | $-0.32 | ||
| Q3 25 | $1.10 | $0.43 | ||
| Q2 25 | $-0.13 | $0.28 | ||
| Q1 25 | $0.12 | $-0.08 | ||
| Q4 24 | $0.96 | $0.03 | ||
| Q3 24 | $1.40 | $0.27 | ||
| Q2 24 | $1.41 | $0.17 |
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 | $1.0B |
| 总债务越低越好 | $232.3M | $819.0M |
| 股东权益账面价值 | $511.8M | $645.0M |
| 总资产 | $1.1B | $2.6B |
| 负债/权益比越低杠杆越低 | 0.45× | 1.27× |
8季度趋势，按日历期对齐
现金及短期投资APOGTRIP
| Q1 26 | $39.5M | — | ||
| Q4 25 | $41.3M | $1.0B | ||
| Q3 25 | $39.5M | $1.2B | ||
| Q2 25 | $32.8M | $1.2B | ||
| Q1 25 | $41.4M | $1.2B | ||
| Q4 24 | $43.9M | $1.1B | ||
| Q3 24 | $51.0M | $1.1B | ||
| Q2 24 | $30.4M | $1.2B |
总债务APOGTRIP
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | $819.0M | ||
| Q3 25 | — | $821.0M | ||
| Q2 25 | — | $822.0M | ||
| Q1 25 | $285.0M | $1.2B | ||
| Q4 24 | — | $831.0M | ||
| Q3 24 | — | $832.0M | ||
| Q2 24 | — | — |
股东权益APOGTRIP
| Q1 26 | $511.8M | — | ||
| Q4 25 | $512.3M | $645.0M | ||
| Q3 25 | $500.2M | $707.0M | ||
| Q2 25 | $481.8M | $627.0M | ||
| Q1 25 | $487.9M | $643.0M | ||
| Q4 24 | $522.1M | $943.0M | ||
| Q3 24 | $506.4M | $944.0M | ||
| Q2 24 | $480.0M | $857.0M |
总资产APOGTRIP
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.1B | $2.6B | ||
| Q3 25 | $1.2B | $2.8B | ||
| Q2 25 | $1.2B | $2.9B | ||
| Q1 25 | $1.2B | $2.8B | ||
| Q4 24 | $1.2B | $2.6B | ||
| Q3 24 | $917.1M | $2.7B | ||
| Q2 24 | $889.0M | $2.8B |
负债/权益比APOGTRIP
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | 1.27× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | 0.58× | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| 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 | $-103.0M |
| 自由现金流经营现金流 - 资本支出 | — | $-122.0M |
| 自由现金流率自由现金流/营收 | — | -29.7% |
| 资本支出强度资本支出/营收 | 7.8% | 4.6% |
| 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 | — | $163.0M |
8季度趋势，按日历期对齐
经营现金流APOGTRIP
| Q1 26 | $122.5M | — | ||
| Q4 25 | $29.3M | $-103.0M | ||
| Q3 25 | $57.1M | $44.0M | ||
| Q2 25 | $-19.8M | $202.0M | ||
| Q1 25 | $30.0M | $102.0M | ||
| Q4 24 | $31.0M | $-3.0M | ||
| Q3 24 | $58.7M | $-43.0M | ||
| Q2 24 | $5.5M | $51.0M |
自由现金流APOGTRIP
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $-122.0M | ||
| Q3 25 | $52.4M | $25.0M | ||
| Q2 25 | $-26.9M | $177.0M | ||
| Q1 25 | $19.1M | $83.0M | ||
| Q4 24 | $22.0M | $-26.0M | ||
| Q3 24 | $50.2M | $-63.0M | ||
| Q2 24 | $-1.8M | $36.0M |
自由现金流率APOGTRIP
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | -29.7% | ||
| Q3 25 | 14.6% | 4.5% | ||
| Q2 25 | -7.8% | 33.5% | ||
| Q1 25 | 5.5% | 20.9% | ||
| Q4 24 | 6.4% | -6.3% | ||
| Q3 24 | 14.7% | -11.8% | ||
| Q2 24 | -0.5% | 7.2% |
资本支出强度APOGTRIP
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 4.6% | ||
| Q3 25 | 1.3% | 3.4% | ||
| Q2 25 | 2.1% | 4.7% | ||
| Q1 25 | 3.2% | 4.8% | ||
| Q4 24 | 2.6% | 5.6% | ||
| Q3 24 | 2.5% | 3.8% | ||
| Q2 24 | 2.2% | 3.0% |
现金转化率APOGTRIP
| Q1 26 | 7.37× | — | ||
| Q4 25 | 1.77× | — | ||
| Q3 25 | 2.41× | 0.83× | ||
| Q2 25 | — | 5.61× | ||
| Q1 25 | 12.08× | — | ||
| Q4 24 | 1.48× | -3.00× | ||
| Q3 24 | 1.92× | -1.10× | ||
| Q2 24 | 0.18× | 2.13× |
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% |
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
