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美国鹰（AEO）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
AMERICAN AXLE & MANUFACTURING HOLDINGS INC的季度营收约是美国鹰的1.0倍（$1.4B vs $1.4B），美国鹰净利率更高（6.7% vs -5.4%，领先12.1%），美国鹰同比增速更快（5.7% vs 0.2%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC自由现金流更多（$54.7M vs $-2.5M），过去两年美国鹰的营收复合增速更高（2.3% vs -7.2%）
American Eagle Outfitters是美国知名服饰及配饰零售商，总部位于宾夕法尼亚州匹兹堡市南区工业园。品牌1977年由杰里·西尔弗曼与马克·西尔弗曼兄弟创立，最初为零售风险投资公司的子公司，旗下还运营西尔弗曼男装。1980年创始人向肖滕斯坦家族出售一半股权，1991年售罄剩余股份，目前旗下拥有Aerie、Unsubscribed等多个品牌。
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。
AEO vs AXL — 直观对比
营收规模更大
AXL
是对方的1.0倍
$1.4B
营收增速更快
AEO
高出5.5%
0.2%
净利率更高
AEO
高出12.1%
-5.4%
自由现金流更多
AXL
多$57.2M
$-2.5M
两年增速更快
AEO
近两年复合增速
-7.2%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $91.3M | $-75.3M |
| 毛利率 | 40.5% | 10.2% |
| 营业利润率 | 8.3% | -2.4% |
| 净利率 | 6.7% | -5.4% |
| 营收同比 | 5.7% | 0.2% |
| 净利润同比 | 14.2% | -449.6% |
| 每股收益（稀释后） | $0.53 | $-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AEOAXL
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.3B | $1.5B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.3B | $1.5B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.7B | $1.6B |
净利润AEOAXL
| Q4 25 | $91.3M | $-75.3M | ||
| Q3 25 | $77.6M | $9.2M | ||
| Q2 25 | $-64.9M | $39.3M | ||
| Q1 25 | — | $7.1M | ||
| Q4 24 | $80.0M | $-13.7M | ||
| Q3 24 | $77.3M | $10.0M | ||
| Q2 24 | $67.8M | $18.2M | ||
| Q1 24 | $6.3M | $20.5M |
毛利率AEOAXL
| Q4 25 | 40.5% | 10.2% | ||
| Q3 25 | 38.9% | 12.6% | ||
| Q2 25 | 29.6% | 13.1% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | 40.9% | 11.2% | ||
| Q3 24 | 38.6% | 11.4% | ||
| Q2 24 | 40.6% | 13.3% | ||
| Q1 24 | 36.6% | 12.4% |
营业利润率AEOAXL
| Q4 25 | 8.3% | -2.4% | ||
| Q3 25 | 8.0% | 3.2% | ||
| Q2 25 | -7.8% | 3.6% | ||
| Q1 25 | — | 3.0% | ||
| Q4 24 | 8.2% | 2.6% | ||
| Q3 24 | 7.8% | 2.8% | ||
| Q2 24 | 6.8% | 5.3% | ||
| Q1 24 | 0.6% | 4.8% |
净利率AEOAXL
| Q4 25 | 6.7% | -5.4% | ||
| Q3 25 | 6.0% | 0.6% | ||
| Q2 25 | -6.0% | 2.6% | ||
| Q1 25 | — | 0.5% | ||
| Q4 24 | 6.2% | -1.0% | ||
| Q3 24 | 6.0% | 0.7% | ||
| Q2 24 | 5.9% | 1.1% | ||
| Q1 24 | 0.4% | 1.3% |
每股收益（稀释后）AEOAXL
| Q4 25 | $0.53 | $-0.62 | ||
| Q3 25 | $0.45 | $0.07 | ||
| Q2 25 | $-0.36 | $0.32 | ||
| Q1 25 | — | $0.06 | ||
| Q4 24 | $0.41 | $-0.11 | ||
| Q3 24 | $0.39 | $0.08 | ||
| Q2 24 | $0.34 | $0.15 | ||
| Q1 24 | $0.03 | $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 | $112.8M | $708.9M |
| 总债务越低越好 | — | $4.0B |
| 股东权益账面价值 | $1.6B | $640.0M |
| 总资产 | $4.2B | $6.7B |
| 负债/权益比越低杠杆越低 | — | 6.31× |
8季度趋势，按日历期对齐
现金及短期投资AEOAXL
| Q4 25 | $112.8M | $708.9M | ||
| Q3 25 | $126.8M | $714.1M | ||
| Q2 25 | $87.9M | $586.5M | ||
| Q1 25 | — | $549.2M | ||
| Q4 24 | $160.2M | $552.9M | ||
| Q3 24 | $191.8M | $542.5M | ||
| Q2 24 | $300.5M | $519.9M | ||
| Q1 24 | $454.1M | $469.8M |
总债务AEOAXL
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | $0 | $2.6B | ||
| Q3 24 | $0 | $2.6B | ||
| Q2 24 | $0 | $2.7B | ||
| Q1 24 | $0 | $2.7B |
股东权益AEOAXL
| Q4 25 | $1.6B | $640.0M | ||
| Q3 25 | $1.5B | $718.4M | ||
| Q2 25 | $1.5B | $673.0M | ||
| Q1 25 | — | $596.3M | ||
| Q4 24 | $1.7B | $562.8M | ||
| Q3 24 | $1.7B | $616.3M | ||
| Q2 24 | $1.8B | $609.6M | ||
| Q1 24 | $1.7B | $621.4M |
总资产AEOAXL
| Q4 25 | $4.2B | $6.7B | ||
| Q3 25 | $4.1B | $5.3B | ||
| Q2 25 | $3.8B | $5.3B | ||
| Q1 25 | — | $5.1B | ||
| Q4 24 | $3.7B | $5.1B | ||
| Q3 24 | $3.5B | $5.3B | ||
| Q2 24 | $3.6B | $5.3B | ||
| Q1 24 | $3.6B | $5.4B |
负债/权益比AEOAXL
| Q4 25 | — | 6.31× | ||
| Q3 25 | — | 3.61× | ||
| Q2 25 | — | 3.86× | ||
| Q1 25 | — | 4.38× | ||
| Q4 24 | 0.00× | 4.58× | ||
| Q3 24 | 0.00× | 4.28× | ||
| Q2 24 | 0.00× | 4.42× | ||
| Q1 24 | 0.00× | 4.40× |
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 | $67.1M | $120.5M |
| 自由现金流经营现金流 - 资本支出 | $-2.5M | $54.7M |
| 自由现金流率自由现金流/营收 | -0.2% | 4.0% |
| 资本支出强度资本支出/营收 | 5.1% | 4.8% |
| 现金转化率经营现金流/净利润 | 0.74× | — |
| 过去12个月自由现金流最近4个季度 | $-169.8M | $155.1M |
8季度趋势，按日历期对齐
经营现金流AEOAXL
| Q4 25 | $67.1M | $120.5M | ||
| Q3 25 | $27.8M | $143.3M | ||
| Q2 25 | $-54.7M | $91.9M | ||
| Q1 25 | — | $55.9M | ||
| Q4 24 | $52.9M | $151.2M | ||
| Q3 24 | $78.3M | $143.6M | ||
| Q2 24 | $-38.1M | $142.8M | ||
| Q1 24 | $296.4M | $17.8M |
自由现金流AEOAXL
| Q4 25 | $-2.5M | $54.7M | ||
| Q3 25 | $-43.1M | $79.2M | ||
| Q2 25 | $-116.3M | $34.6M | ||
| Q1 25 | — | $-13.4M | ||
| Q4 24 | $-7.8M | $73.2M | ||
| Q3 24 | $17.5M | $70.4M | ||
| Q2 24 | $-74.3M | $94.0M | ||
| Q1 24 | $256.8M | $-30.2M |
自由现金流率AEOAXL
| Q4 25 | -0.2% | 4.0% | ||
| Q3 25 | -3.4% | 5.3% | ||
| Q2 25 | -10.7% | 2.3% | ||
| Q1 25 | — | -0.9% | ||
| Q4 24 | -0.6% | 5.3% | ||
| Q3 24 | 1.4% | 4.7% | ||
| Q2 24 | -6.5% | 5.8% | ||
| Q1 24 | 15.3% | -1.9% |
资本支出强度AEOAXL
| Q4 25 | 5.1% | 4.8% | ||
| Q3 25 | 5.5% | 4.3% | ||
| Q2 25 | 5.7% | 3.7% | ||
| Q1 25 | — | 4.9% | ||
| Q4 24 | 4.7% | 5.6% | ||
| Q3 24 | 4.7% | 4.9% | ||
| Q2 24 | 3.2% | 3.0% | ||
| Q1 24 | 2.4% | 3.0% |
现金转化率AEOAXL
| Q4 25 | 0.74× | — | ||
| Q3 25 | 0.36× | 15.58× | ||
| Q2 25 | — | 2.34× | ||
| Q1 25 | — | 7.87× | ||
| Q4 24 | 0.66× | — | ||
| Q3 24 | 1.01× | 14.36× | ||
| Q2 24 | -0.56× | 7.85× | ||
| Q1 24 | 46.93× | 0.87× |
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
AEO
| American Eagle Brand | $800.4M | 59% |
| Aerie Brand | $429.1M | 31% |
| Other | $133.2M | 10% |
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
