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阿普塔集团（ATR）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
北极星的季度营收约是阿普塔集团的1.7倍（$1.7B vs $982.9M），阿普塔集团净利率更高（7.4% vs -2.8%，领先10.2%），阿普塔集团同比增速更快（10.8% vs 8.0%），阿普塔集团自由现金流更多（$53.3M vs $-342.5M），过去两年阿普塔集团的营收复合增速更高（3.9% vs -8.0%）
阿普塔集团（AptarGroup, Inc.）是总部位于美国的全球性制造企业，主营消费品分配包装产品及药物给药装置的研发与生产，目前在全球18个国家设有生产运营基地，服务医药、快消等多领域客户。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
ATR vs PII — 直观对比
营收规模更大
PII
是对方的1.7倍
$982.9M
营收增速更快
ATR
高出2.8%
8.0%
净利率更高
ATR
高出10.2%
-2.8%
自由现金流更多
ATR
多$395.8M
$-342.5M
两年增速更快
ATR
近两年复合增速
-8.0%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $982.9M | $1.7B |
| 净利润 | $72.8M | $-47.2M |
| 毛利率 | — | 20.2% |
| 营业利润率 | 10.9% | 76.5% |
| 净利率 | 7.4% | -2.8% |
| 营收同比 | 10.8% | 8.0% |
| 净利润同比 | -7.5% | 29.0% |
| 每股收益（稀释后） | $1.12 | $-0.83 |
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ATRPII
| Q1 26 | $982.9M | $1.7B | ||
| Q4 25 | $962.7M | $1.9B | ||
| Q3 25 | $961.1M | $1.8B | ||
| Q2 25 | $966.0M | $1.9B | ||
| Q1 25 | $887.3M | $1.5B | ||
| Q4 24 | $848.1M | $1.8B | ||
| Q3 24 | $909.3M | $1.7B | ||
| Q2 24 | $910.1M | $2.0B |
净利润ATRPII
| Q1 26 | $72.8M | $-47.2M | ||
| Q4 25 | $74.3M | $-303.6M | ||
| Q3 25 | $127.9M | $-15.8M | ||
| Q2 25 | $111.7M | $-79.3M | ||
| Q1 25 | $78.8M | $-66.8M | ||
| Q4 24 | $100.9M | $10.6M | ||
| Q3 24 | $100.0M | $27.7M | ||
| Q2 24 | $90.5M | $68.7M |
毛利率ATRPII
| Q1 26 | — | 20.2% | ||
| Q4 25 | — | 20.0% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 21.6% |
营业利润率ATRPII
| Q1 26 | 10.9% | 76.5% | ||
| Q4 25 | 11.0% | -16.7% | ||
| Q3 25 | 14.2% | 1.1% | ||
| Q2 25 | 14.9% | -0.7% | ||
| Q1 25 | 12.8% | -2.4% | ||
| Q4 24 | 14.2% | 3.7% | ||
| Q3 24 | 15.2% | 3.8% | ||
| Q2 24 | 13.8% | 6.1% |
净利率ATRPII
| Q1 26 | 7.4% | -2.8% | ||
| Q4 25 | 7.7% | -15.8% | ||
| Q3 25 | 13.3% | -0.9% | ||
| Q2 25 | 11.6% | -4.3% | ||
| Q1 25 | 8.9% | -4.3% | ||
| Q4 24 | 11.9% | 0.6% | ||
| Q3 24 | 11.0% | 1.6% | ||
| Q2 24 | 9.9% | 3.5% |
每股收益（稀释后）ATRPII
| Q1 26 | $1.12 | $-0.83 | ||
| Q4 25 | $1.13 | $-5.34 | ||
| Q3 25 | $1.92 | $-0.28 | ||
| Q2 25 | $1.67 | $-1.39 | ||
| Q1 25 | $1.17 | $-1.17 | ||
| Q4 24 | $1.48 | $0.18 | ||
| Q3 24 | $1.48 | $0.49 | ||
| Q2 24 | $1.34 | $1.21 |
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 | $229.5M | $282.0M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $2.6B | $750.4M |
| 总资产 | $5.1B | $5.2B |
| 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ATRPII
| Q1 26 | $229.5M | $282.0M | ||
| Q4 25 | $409.5M | $138.0M | ||
| Q3 25 | $264.8M | $335.5M | ||
| Q2 25 | $169.8M | $324.3M | ||
| Q1 25 | $136.8M | $291.7M | ||
| Q4 24 | $226.2M | $287.8M | ||
| Q3 24 | $327.9M | $291.3M | ||
| Q2 24 | $223.9M | $322.7M |
总债务ATRPII
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $546.0M | $1.3B | ||
| Q2 25 | $535.1M | $1.4B | ||
| Q1 25 | $561.2M | $1.6B | ||
| Q4 24 | $688.1M | $1.6B | ||
| Q3 24 | $822.7M | $1.7B | ||
| Q2 24 | $681.5M | $2.1B |
股东权益ATRPII
| Q1 26 | $2.6B | $750.4M | ||
| Q4 25 | $2.7B | $828.4M | ||
| Q3 25 | $2.8B | $1.1B | ||
| Q2 25 | $2.7B | $1.2B | ||
| Q1 25 | $2.5B | $1.2B | ||
| Q4 24 | $2.5B | $1.3B | ||
| Q3 24 | $2.5B | $1.3B | ||
| Q2 24 | $2.4B | $1.3B |
总资产ATRPII
| Q1 26 | $5.1B | $5.2B | ||
| Q4 25 | $5.3B | $4.9B | ||
| Q3 25 | $5.1B | $5.3B | ||
| Q2 25 | $4.9B | $5.4B | ||
| Q1 25 | $4.5B | $5.5B | ||
| Q4 24 | $4.4B | $5.5B | ||
| Q3 24 | $4.6B | $5.6B | ||
| Q2 24 | $4.5B | $5.7B |
负债/权益比ATRPII
| Q1 26 | — | — | ||
| Q4 25 | 0.43× | 1.82× | ||
| Q3 25 | 0.20× | 1.13× | ||
| Q2 25 | 0.20× | 1.17× | ||
| Q1 25 | 0.22× | 1.32× | ||
| Q4 24 | 0.28× | 1.27× | ||
| Q3 24 | 0.32× | 1.29× | ||
| Q2 24 | 0.28× | 1.56× |
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 | — | — |
| 自由现金流经营现金流 - 资本支出 | $53.3M | $-342.5M |
| 自由现金流率自由现金流/营收 | 5.4% | -20.6% |
| 资本支出强度资本支出/营收 | 6.7% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $327.0M | $168.0M |
8季度趋势，按日历期对齐
经营现金流ATRPII
| Q1 26 | — | — | ||
| Q4 25 | $183.7M | $178.7M | ||
| Q3 25 | $177.6M | $158.8M | ||
| Q2 25 | $126.0M | $320.3M | ||
| Q1 25 | $82.7M | $83.2M | ||
| Q4 24 | $178.2M | $206.3M | ||
| Q3 24 | $229.3M | $21.0M | ||
| Q2 24 | $143.6M | $146.3M |
自由现金流ATRPII
| Q1 26 | $53.3M | $-342.5M | ||
| Q4 25 | $96.9M | $114.0M | ||
| Q3 25 | $114.3M | $116.7M | ||
| Q2 25 | $62.5M | $279.8M | ||
| Q1 25 | $25.9M | $47.6M | ||
| Q4 24 | $112.2M | $137.3M | ||
| Q3 24 | $162.7M | $-32.4M | ||
| Q2 24 | $75.4M | $79.1M |
自由现金流率ATRPII
| Q1 26 | 5.4% | -20.6% | ||
| Q4 25 | 10.1% | 5.9% | ||
| Q3 25 | 11.9% | 6.3% | ||
| Q2 25 | 6.5% | 15.1% | ||
| Q1 25 | 2.9% | 3.1% | ||
| Q4 24 | 13.2% | 7.8% | ||
| Q3 24 | 17.9% | -1.9% | ||
| Q2 24 | 8.3% | 4.0% |
资本支出强度ATRPII
| Q1 26 | 6.7% | — | ||
| Q4 25 | 9.0% | 3.4% | ||
| Q3 25 | 6.6% | 2.3% | ||
| Q2 25 | 6.6% | 2.2% | ||
| Q1 25 | 6.4% | 2.3% | ||
| Q4 24 | 7.8% | 3.9% | ||
| Q3 24 | 7.3% | 3.1% | ||
| Q2 24 | 7.5% | 3.4% |
现金转化率ATRPII
| Q1 26 | — | — | ||
| Q4 25 | 2.47× | — | ||
| Q3 25 | 1.39× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 1.77× | 19.46× | ||
| Q3 24 | 2.29× | 0.76× | ||
| Q2 24 | 1.59× | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
