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安道拓（ADNT）与惠而浦（WHR）财务数据对比。点击上方公司名可切换其他公司
惠而浦的季度营收约是安道拓的1.1倍（$4.1B vs $3.6B），惠而浦净利率更高（2.7% vs -0.6%，领先3.3%），安道拓同比增速更快（4.3% vs -0.9%），惠而浦自由现金流更多（$989.0M vs $15.0M），过去两年安道拓的营收复合增速更高（-1.4% vs -4.5%）
安道拓是全球规模最大的汽车座椅制造商，注册地位于爱尔兰，运营总部设在美国密歇根州普利茅斯，业务覆盖全球各地，为全球客户提供专业的汽车座椅相关产品及解决方案，在汽车座椅领域拥有领先的市场地位与技术优势。
惠而浦是总部位于美国密歇根州本顿特许镇的跨国家电研发、生产及销售企业，位列《财富》世界500强。2023年集团年销售额约190亿美元，全球员工规模近5.9万人，在世界各地布局超55座生产及技术研发中心。
ADNT vs WHR — 直观对比
营收规模更大
WHR
是对方的1.1倍
$3.6B
营收增速更快
ADNT
高出5.2%
-0.9%
净利率更高
WHR
高出3.3%
-0.6%
自由现金流更多
WHR
多$974.0M
$15.0M
两年增速更快
ADNT
近两年复合增速
-4.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.6B | $4.1B |
| 净利润 | $-22.0M | $109.0M |
| 毛利率 | 6.0% | 14.0% |
| 营业利润率 | 1.1% | 6.0% |
| 净利率 | -0.6% | 2.7% |
| 营收同比 | 4.3% | -0.9% |
| 净利润同比 | — | 127.8% |
| 每股收益（稀释后） | $-0.28 | $1.92 |
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ADNTWHR
| Q4 25 | $3.6B | $4.1B | ||
| Q3 25 | $3.7B | $4.0B | ||
| Q2 25 | $3.7B | $3.8B | ||
| Q1 25 | $3.6B | $3.6B | ||
| Q4 24 | $3.5B | $4.1B | ||
| Q3 24 | $3.6B | $4.0B | ||
| Q2 24 | $3.7B | $4.0B | ||
| Q1 24 | $3.8B | $4.5B |
净利润ADNTWHR
| Q4 25 | $-22.0M | $109.0M | ||
| Q3 25 | $18.0M | $73.0M | ||
| Q2 25 | $36.0M | $65.0M | ||
| Q1 25 | $-335.0M | $71.0M | ||
| Q4 24 | $0 | $-392.0M | ||
| Q3 24 | $79.0M | $109.0M | ||
| Q2 24 | $-11.0M | $219.0M | ||
| Q1 24 | $-70.0M | $-259.0M |
毛利率ADNTWHR
| Q4 25 | 6.0% | 14.0% | ||
| Q3 25 | 6.7% | 14.7% | ||
| Q2 25 | 6.3% | 16.2% | ||
| Q1 25 | 7.2% | 16.8% | ||
| Q4 24 | 6.2% | 16.2% | ||
| Q3 24 | 6.9% | 16.1% | ||
| Q2 24 | 5.6% | 15.7% | ||
| Q1 24 | 6.1% | 14.3% |
营业利润率ADNTWHR
| Q4 25 | 1.1% | 6.0% | ||
| Q3 25 | 1.7% | 5.1% | ||
| Q2 25 | 1.8% | 5.4% | ||
| Q1 25 | -7.3% | 5.1% | ||
| Q4 24 | 1.3% | -3.3% | ||
| Q3 24 | 1.8% | 6.6% | ||
| Q2 24 | 1.2% | 3.3% | ||
| Q1 24 | -1.1% | -2.6% |
净利率ADNTWHR
| Q4 25 | -0.6% | 2.7% | ||
| Q3 25 | 0.5% | 1.8% | ||
| Q2 25 | 1.0% | 1.7% | ||
| Q1 25 | -9.3% | 2.0% | ||
| Q4 24 | — | -9.5% | ||
| Q3 24 | 2.2% | 2.7% | ||
| Q2 24 | -0.3% | 5.5% | ||
| Q1 24 | -1.9% | -5.8% |
每股收益（稀释后）ADNTWHR
| Q4 25 | $-0.28 | $1.92 | ||
| Q3 25 | $0.17 | $1.29 | ||
| Q2 25 | $0.43 | $1.17 | ||
| Q1 25 | $-3.99 | $1.28 | ||
| Q4 24 | $0.00 | $-7.11 | ||
| Q3 24 | $0.88 | $2.00 | ||
| Q2 24 | $-0.12 | $3.96 | ||
| Q1 24 | $-0.77 | $-4.72 |
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 | — | $669.0M |
| 总债务越低越好 | $2.4B | $6.2B |
| 股东权益账面价值 | $1.7B | $2.7B |
| 总资产 | $8.8B | $16.0B |
| 负债/权益比越低杠杆越低 | 1.37× | 2.26× |
8季度趋势，按日历期对齐
现金及短期投资ADNTWHR
| Q4 25 | — | $669.0M | ||
| Q3 25 | — | $934.0M | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.0B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.2B | ||
| Q1 24 | — | $1.2B |
总债务ADNTWHR
| Q4 25 | $2.4B | $6.2B | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.4B | — | ||
| Q4 24 | $2.4B | $6.6B | ||
| Q3 24 | $2.4B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
股东权益ADNTWHR
| Q4 25 | $1.7B | $2.7B | ||
| Q3 25 | $1.8B | $2.6B | ||
| Q2 25 | $1.8B | $2.6B | ||
| Q1 25 | $1.7B | $2.6B | ||
| Q4 24 | $1.9B | $2.7B | ||
| Q3 24 | $2.1B | $3.0B | ||
| Q2 24 | $1.9B | $3.1B | ||
| Q1 24 | $2.1B | $2.4B |
总资产ADNTWHR
| Q4 25 | $8.8B | $16.0B | ||
| Q3 25 | $9.0B | $16.9B | ||
| Q2 25 | $8.8B | $16.8B | ||
| Q1 25 | $8.6B | $16.5B | ||
| Q4 24 | $8.5B | $16.3B | ||
| Q3 24 | $9.4B | $17.2B | ||
| Q2 24 | $9.1B | $17.3B | ||
| Q1 24 | $9.3B | $17.4B |
负债/权益比ADNTWHR
| Q4 25 | 1.37× | 2.26× | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 1.44× | — | ||
| Q4 24 | 1.28× | 2.46× | ||
| Q3 24 | 1.12× | — | ||
| Q2 24 | 1.24× | — | ||
| Q1 24 | 1.16× | — |
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 | $80.0M | $1.1B |
| 自由现金流经营现金流 - 资本支出 | $15.0M | $989.0M |
| 自由现金流率自由现金流/营收 | 0.4% | 24.1% |
| 资本支出强度资本支出/营收 | 1.8% | 3.7% |
| 现金转化率经营现金流/净利润 | — | 10.45× |
| 过去12个月自由现金流最近4个季度 | $174.0M | $81.0M |
8季度趋势，按日历期对齐
经营现金流ADNTWHR
| Q4 25 | $80.0M | $1.1B | ||
| Q3 25 | $213.0M | $33.0M | ||
| Q2 25 | $172.0M | $19.0M | ||
| Q1 25 | $-45.0M | $-721.0M | ||
| Q4 24 | $109.0M | $1.1B | ||
| Q3 24 | $263.0M | $214.0M | ||
| Q2 24 | $158.0M | $388.0M | ||
| Q1 24 | $81.0M | $-873.0M |
自由现金流ADNTWHR
| Q4 25 | $15.0M | $989.0M | ||
| Q3 25 | $134.0M | $-52.0M | ||
| Q2 25 | $115.0M | $-63.0M | ||
| Q1 25 | $-90.0M | $-793.0M | ||
| Q4 24 | $45.0M | $970.0M | ||
| Q3 24 | $191.0M | $127.0M | ||
| Q2 24 | $88.0M | $275.0M | ||
| Q1 24 | $12.0M | $-988.0M |
自由现金流率ADNTWHR
| Q4 25 | 0.4% | 24.1% | ||
| Q3 25 | 3.6% | -1.3% | ||
| Q2 25 | 3.1% | -1.7% | ||
| Q1 25 | -2.5% | -21.9% | ||
| Q4 24 | 1.3% | 23.5% | ||
| Q3 24 | 5.4% | 3.2% | ||
| Q2 24 | 2.4% | 6.9% | ||
| Q1 24 | 0.3% | -22.0% |
资本支出强度ADNTWHR
| Q4 25 | 1.8% | 3.7% | ||
| Q3 25 | 2.1% | 2.1% | ||
| Q2 25 | 1.5% | 2.2% | ||
| Q1 25 | 1.2% | 2.0% | ||
| Q4 24 | 1.8% | 3.3% | ||
| Q3 24 | 2.0% | 2.2% | ||
| Q2 24 | 1.9% | 2.8% | ||
| Q1 24 | 1.8% | 2.6% |
现金转化率ADNTWHR
| Q4 25 | — | 10.45× | ||
| Q3 25 | 11.83× | 0.45× | ||
| Q2 25 | 4.78× | 0.29× | ||
| Q1 25 | — | -10.15× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.33× | 1.96× | ||
| Q2 24 | — | 1.77× | ||
| Q1 24 | — | — |
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
ADNT
暂无分部数据
WHR
| Refrigeration | $1.2B | 30% |
| Laundry | $1.1B | 27% |
| Cooking | $1.1B | 26% |
| Dishwashing | $299.0M | 7% |
| Other | $266.0M | 6% |
| Spare Parts And Warranties | $139.0M | 3% |
