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安捷伦科技（A）与AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）财务数据对比。点击上方公司名可切换其他公司
安捷伦科技的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.3倍（$1.8B vs $1.4B），安捷伦科技净利率更高（17.0% vs -5.4%，领先22.4%），安捷伦科技同比增速更快（7.0% vs 0.2%），安捷伦科技自由现金流更多（$175.0M vs $54.7M），过去两年安捷伦科技的营收复合增速更高（6.9% vs -7.2%）
安捷伦科技是全球知名的生命科学、诊断与应用化学领域解决方案提供商，旗下生命科学与应用市场业务板块提供液相色谱系统及组件、液相色谱质谱联用系统、气相色谱设备、电感耦合等离子体质谱仪、原子吸收仪等多种分析检测仪器，服务全球各领域客户。
美国车桥制造控股有限公司总部位于密歇根州底特律，是一家美国汽车传动轴与动力传动系统零部件及系统制造商，在汽车传动领域拥有成熟的技术与产能，为全球多家车企供应相关核心配件。
A vs AXL — 直观对比
营收规模更大
A
是对方的1.3倍
$1.4B
营收增速更快
A
高出6.7%
0.2%
净利率更高
A
高出22.4%
-5.4%
自由现金流更多
A
多$120.3M
$54.7M
两年增速更快
A
近两年复合增速
-7.2%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.8B | $1.4B |
| 净利润 | $305.0M | $-75.3M |
| 毛利率 | 52.6% | 10.2% |
| 营业利润率 | 19.6% | -2.4% |
| 净利率 | 17.0% | -5.4% |
| 营收同比 | 7.0% | 0.2% |
| 净利润同比 | -4.1% | -449.6% |
| 每股收益（稀释后） | $1.07 | $-0.62 |
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AAXL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.9B | $1.4B | ||
| Q3 25 | $1.7B | $1.5B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.7B | $1.4B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.6B |
净利润AAXL
| Q1 26 | $305.0M | — | ||
| Q4 25 | $434.0M | $-75.3M | ||
| Q3 25 | $336.0M | $9.2M | ||
| Q2 25 | $215.0M | $39.3M | ||
| Q1 25 | $318.0M | $7.1M | ||
| Q4 24 | $351.0M | $-13.7M | ||
| Q3 24 | $282.0M | $10.0M | ||
| Q2 24 | $308.0M | $18.2M |
毛利率AAXL
| Q1 26 | 52.6% | — | ||
| Q4 25 | 53.2% | 10.2% | ||
| Q3 25 | 51.1% | 12.6% | ||
| Q2 25 | 51.9% | 13.1% | ||
| Q1 25 | 53.5% | 12.3% | ||
| Q4 24 | 53.9% | 11.2% | ||
| Q3 24 | 54.2% | 11.4% | ||
| Q2 24 | 54.4% | 13.3% |
营业利润率AAXL
| Q1 26 | 19.6% | — | ||
| Q4 25 | 23.8% | -2.4% | ||
| Q3 25 | 20.7% | 3.2% | ||
| Q2 25 | 18.0% | 3.6% | ||
| Q1 25 | 22.4% | 3.0% | ||
| Q4 24 | 24.0% | 2.6% | ||
| Q3 24 | 21.1% | 2.8% | ||
| Q2 24 | 23.1% | 5.3% |
净利率AAXL
| Q1 26 | 17.0% | — | ||
| Q4 25 | 23.3% | -5.4% | ||
| Q3 25 | 19.3% | 0.6% | ||
| Q2 25 | 12.9% | 2.6% | ||
| Q1 25 | 18.9% | 0.5% | ||
| Q4 24 | 20.6% | -1.0% | ||
| Q3 24 | 17.9% | 0.7% | ||
| Q2 24 | 19.6% | 1.1% |
每股收益（稀释后）AAXL
| Q1 26 | $1.07 | — | ||
| Q4 25 | $1.53 | $-0.62 | ||
| Q3 25 | $1.18 | $0.07 | ||
| Q2 25 | $0.75 | $0.32 | ||
| Q1 25 | $1.11 | $0.06 | ||
| Q4 24 | $1.23 | $-0.11 | ||
| Q3 24 | $0.97 | $0.08 | ||
| Q2 24 | $1.05 | $0.15 |
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 | $1.8B | $708.9M |
| 总债务越低越好 | $3.0B | $4.0B |
| 股东权益账面价值 | $6.9B | $640.0M |
| 总资产 | $12.8B | $6.7B |
| 负债/权益比越低杠杆越低 | 0.44× | 6.31× |
8季度趋势，按日历期对齐
现金及短期投资AAXL
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.8B | $708.9M | ||
| Q3 25 | $1.5B | $714.1M | ||
| Q2 25 | $1.5B | $586.5M | ||
| Q1 25 | $1.5B | $549.2M | ||
| Q4 24 | $1.3B | $552.9M | ||
| Q3 24 | $1.8B | $542.5M | ||
| Q2 24 | $1.7B | $519.9M |
总债务AAXL
| Q1 26 | $3.0B | — | ||
| Q4 25 | $3.0B | $4.0B | ||
| Q3 25 | $3.4B | $2.6B | ||
| Q2 25 | $3.3B | $2.6B | ||
| Q1 25 | $3.3B | $2.6B | ||
| Q4 24 | $3.3B | $2.6B | ||
| Q3 24 | $2.1B | $2.6B | ||
| Q2 24 | $2.1B | $2.7B |
股东权益AAXL
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.7B | $640.0M | ||
| Q3 25 | $6.4B | $718.4M | ||
| Q2 25 | $6.1B | $673.0M | ||
| Q1 25 | $6.0B | $596.3M | ||
| Q4 24 | $5.9B | $562.8M | ||
| Q3 24 | $5.9B | $616.3M | ||
| Q2 24 | $6.2B | $609.6M |
总资产AAXL
| Q1 26 | $12.8B | — | ||
| Q4 25 | $12.7B | $6.7B | ||
| Q3 25 | $12.2B | $5.3B | ||
| Q2 25 | $12.2B | $5.3B | ||
| Q1 25 | $11.9B | $5.1B | ||
| Q4 24 | $11.8B | $5.1B | ||
| Q3 24 | $11.0B | $5.3B | ||
| Q2 24 | $10.9B | $5.3B |
负债/权益比AAXL
| Q1 26 | 0.44× | — | ||
| Q4 25 | 0.45× | 6.31× | ||
| Q3 25 | 0.53× | 3.61× | ||
| Q2 25 | 0.55× | 3.86× | ||
| Q1 25 | 0.56× | 4.38× | ||
| Q4 24 | 0.57× | 4.58× | ||
| Q3 24 | 0.36× | 4.28× | ||
| Q2 24 | 0.34× | 4.42× |
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 | $268.0M | $120.5M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $54.7M |
| 自由现金流率自由现金流/营收 | 9.7% | 4.0% |
| 资本支出强度资本支出/营收 | 5.2% | 4.8% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $993.0M | $155.1M |
8季度趋势，按日历期对齐
经营现金流AAXL
| Q1 26 | $268.0M | — | ||
| Q4 25 | $545.0M | $120.5M | ||
| Q3 25 | $362.0M | $143.3M | ||
| Q2 25 | $221.0M | $91.9M | ||
| Q1 25 | $431.0M | $55.9M | ||
| Q4 24 | $481.0M | $151.2M | ||
| Q3 24 | $452.0M | $143.6M | ||
| Q2 24 | $333.0M | $142.8M |
自由现金流AAXL
| Q1 26 | $175.0M | — | ||
| Q4 25 | $452.0M | $54.7M | ||
| Q3 25 | $259.0M | $79.2M | ||
| Q2 25 | $107.0M | $34.6M | ||
| Q1 25 | $334.0M | $-13.4M | ||
| Q4 24 | $388.0M | $73.2M | ||
| Q3 24 | $360.0M | $70.4M | ||
| Q2 24 | $230.0M | $94.0M |
自由现金流率AAXL
| Q1 26 | 9.7% | — | ||
| Q4 25 | 24.3% | 4.0% | ||
| Q3 25 | 14.9% | 5.3% | ||
| Q2 25 | 6.4% | 2.3% | ||
| Q1 25 | 19.9% | -0.9% | ||
| Q4 24 | 22.8% | 5.3% | ||
| Q3 24 | 22.8% | 4.7% | ||
| Q2 24 | 14.6% | 5.8% |
资本支出强度AAXL
| Q1 26 | 5.2% | — | ||
| Q4 25 | 5.0% | 4.8% | ||
| Q3 25 | 5.9% | 4.3% | ||
| Q2 25 | 6.8% | 3.7% | ||
| Q1 25 | 5.8% | 4.9% | ||
| Q4 24 | 5.5% | 5.6% | ||
| Q3 24 | 5.8% | 4.9% | ||
| Q2 24 | 6.5% | 3.0% |
现金转化率AAXL
| Q1 26 | 0.88× | — | ||
| Q4 25 | 1.26× | — | ||
| Q3 25 | 1.08× | 15.58× | ||
| Q2 25 | 1.03× | 2.34× | ||
| Q1 25 | 1.36× | 7.87× | ||
| Q4 24 | 1.37× | — | ||
| Q3 24 | 1.60× | 14.36× | ||
| Q2 24 | 1.08× | 7.85× |
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
A
| Service Other | $525.0M | 29% |
| Chemicaland Energy Market | $422.0M | 23% |
| Agilent Cross Lab | $273.0M | 15% |
| Environmentaland Forensics Market | $177.0M | 10% |
| Food Market | $166.0M | 9% |
| Academiaand Government Market | $130.0M | 7% |
| Applied Markets | $98.0M | 5% |
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
