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艾里逊变速箱控股公司（ALSN）与李尔公司（LEA）财务数据对比。点击上方公司名可切换其他公司
李尔公司的季度营收约是艾里逊变速箱控股公司的8.1倍（$6.0B vs $737.0M）。艾里逊变速箱控股公司净利率更高（13.4% vs 1.4%，领先12.1%）。李尔公司同比增速更快（4.8% vs -7.4%）。李尔公司自由现金流更多（$281.1M vs $169.0M）。过去两年李尔公司的营收复合增速更高（-0.1% vs -3.4%）
艾里逊变速箱控股公司是美国商用自动变速箱及混合动力推进系统生产商，产品获全球250余家整车厂商指定采用，广泛应用于公交、环卫、消防、工程建设、物流配送、军工等多个领域及特种作业场景。
李尔公司是美国知名汽车零部件供应商，核心业务涵盖汽车座椅及电气系统的研发、生产与销售。公司曾位列2018年《财富》世界500强第148位，2019年升至第147位，在全球汽车供应链领域拥有突出的市场地位与品牌影响力。
ALSN vs LEA — 直观对比
营收规模更大
LEA
是对方的8.1倍
$737.0M
营收增速更快
LEA
高出12.2%
-7.4%
净利率更高
ALSN
高出12.1%
1.4%
自由现金流更多
LEA
多$112.1M
$169.0M
两年增速更快
LEA
近两年复合增速
-3.4%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $737.0M | $6.0B |
| 净利润 | $99.0M | $82.7M |
| 毛利率 | 48.0% | 5.7% |
| 营业利润率 | 23.2% | 2.6% |
| 净利率 | 13.4% | 1.4% |
| 营收同比 | -7.4% | 4.8% |
| 净利润同比 | -43.4% | -6.1% |
| 每股收益（稀释后） | $1.18 | $1.58 |
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ALSNLEA
| Q4 25 | $737.0M | $6.0B | ||
| Q3 25 | $693.0M | $5.7B | ||
| Q2 25 | $814.0M | $6.0B | ||
| Q1 25 | $766.0M | $5.6B | ||
| Q4 24 | $796.0M | $5.7B | ||
| Q3 24 | $824.0M | $5.6B | ||
| Q2 24 | $816.0M | $6.0B | ||
| Q1 24 | $789.0M | $6.0B |
净利润ALSNLEA
| Q4 25 | $99.0M | $82.7M | ||
| Q3 25 | $137.0M | $108.2M | ||
| Q2 25 | $195.0M | $165.2M | ||
| Q1 25 | $192.0M | $80.7M | ||
| Q4 24 | $175.0M | $88.1M | ||
| Q3 24 | $200.0M | $135.8M | ||
| Q2 24 | $187.0M | $173.1M | ||
| Q1 24 | $169.0M | $109.6M |
毛利率ALSNLEA
| Q4 25 | 48.0% | 5.7% | ||
| Q3 25 | 47.5% | 6.4% | ||
| Q2 25 | 49.4% | 7.3% | ||
| Q1 25 | 49.3% | 6.5% | ||
| Q4 24 | 46.9% | 6.8% | ||
| Q3 24 | 48.1% | 7.3% | ||
| Q2 24 | 48.3% | 7.5% | ||
| Q1 24 | 46.4% | 6.6% |
营业利润率ALSNLEA
| Q4 25 | 23.2% | 2.6% | ||
| Q3 25 | 29.4% | 3.4% | ||
| Q2 25 | 31.4% | 4.1% | ||
| Q1 25 | 32.5% | 3.3% | ||
| Q4 24 | 29.5% | 3.7% | ||
| Q3 24 | 31.6% | 3.9% | ||
| Q2 24 | 32.2% | 4.3% | ||
| Q1 24 | 29.7% | 3.3% |
净利率ALSNLEA
| Q4 25 | 13.4% | 1.4% | ||
| Q3 25 | 19.8% | 1.9% | ||
| Q2 25 | 24.0% | 2.7% | ||
| Q1 25 | 25.1% | 1.5% | ||
| Q4 24 | 22.0% | 1.5% | ||
| Q3 24 | 24.3% | 2.4% | ||
| Q2 24 | 22.9% | 2.9% | ||
| Q1 24 | 21.4% | 1.8% |
每股收益（稀释后）ALSNLEA
| Q4 25 | $1.18 | $1.58 | ||
| Q3 25 | $1.63 | $2.02 | ||
| Q2 25 | $2.29 | $3.06 | ||
| Q1 25 | $2.23 | $1.49 | ||
| Q4 24 | $2.01 | $1.64 | ||
| Q3 24 | $2.27 | $2.41 | ||
| Q2 24 | $2.13 | $3.02 | ||
| Q1 24 | $1.90 | $1.90 |
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 | $1.5B | $1.0B |
| 总债务越低越好 | $2.9B | $2.7B |
| 股东权益账面价值 | $1.9B | $5.0B |
| 总资产 | $6.1B | $14.8B |
| 负债/权益比越低杠杆越低 | 1.56× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资ALSNLEA
| Q4 25 | $1.5B | $1.0B | ||
| Q3 25 | $902.0M | $1.0B | ||
| Q2 25 | $778.0M | $887.9M | ||
| Q1 25 | $753.0M | $779.9M | ||
| Q4 24 | $781.0M | $1.1B | ||
| Q3 24 | $788.0M | $763.9M | ||
| Q2 24 | $648.0M | $950.3M | ||
| Q1 24 | $551.0M | $930.4M |
总债务ALSNLEA
| Q4 25 | $2.9B | $2.7B | ||
| Q3 25 | $2.4B | $2.8B | ||
| Q2 25 | $2.4B | $2.8B | ||
| Q1 25 | $2.4B | $2.7B | ||
| Q4 24 | $2.4B | $2.7B | ||
| Q3 24 | $2.4B | $2.8B | ||
| Q2 24 | $2.4B | $2.7B | ||
| Q1 24 | $2.4B | $2.7B |
股东权益ALSNLEA
| Q4 25 | $1.9B | $5.0B | ||
| Q3 25 | $1.8B | $5.1B | ||
| Q2 25 | $1.8B | $5.1B | ||
| Q1 25 | $1.7B | $4.7B | ||
| Q4 24 | $1.7B | $4.5B | ||
| Q3 24 | $1.6B | $4.8B | ||
| Q2 24 | $1.5B | $4.8B | ||
| Q1 24 | $1.3B | $4.9B |
总资产ALSNLEA
| Q4 25 | $6.1B | $14.8B | ||
| Q3 25 | $5.5B | $15.2B | ||
| Q2 25 | $5.4B | $15.3B | ||
| Q1 25 | $5.4B | $14.6B | ||
| Q4 24 | $5.3B | $14.0B | ||
| Q3 24 | $5.4B | $14.8B | ||
| Q2 24 | $5.2B | $14.7B | ||
| Q1 24 | $5.1B | $14.9B |
负债/权益比ALSNLEA
| Q4 25 | 1.56× | 0.54× | ||
| Q3 25 | 1.31× | 0.54× | ||
| Q2 25 | 1.38× | 0.54× | ||
| Q1 25 | 1.45× | 0.59× | ||
| Q4 24 | 1.46× | 0.61× | ||
| Q3 24 | 1.49× | 0.58× | ||
| Q2 24 | 1.63× | 0.57× | ||
| Q1 24 | 1.80× | 0.56× |
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 | $243.0M | $475.9M |
| 自由现金流经营现金流 - 资本支出 | $169.0M | $281.1M |
| 自由现金流率自由现金流/营收 | 22.9% | 4.7% |
| 资本支出强度资本支出/营收 | 10.0% | 3.3% |
| 现金转化率经营现金流/净利润 | 2.45× | 5.75× |
| 过去12个月自由现金流最近4个季度 | $661.0M | $527.2M |
8季度趋势，按日历期对齐
经营现金流ALSNLEA
| Q4 25 | $243.0M | $475.9M | ||
| Q3 25 | $228.0M | $444.4M | ||
| Q2 25 | $184.0M | $296.2M | ||
| Q1 25 | $181.0M | $-127.7M | ||
| Q4 24 | $211.0M | $680.8M | ||
| Q3 24 | $246.0M | $182.7M | ||
| Q2 24 | $171.0M | $291.2M | ||
| Q1 24 | $173.0M | $-34.6M |
自由现金流ALSNLEA
| Q4 25 | $169.0M | $281.1M | ||
| Q3 25 | $184.0M | $307.0M | ||
| Q2 25 | $153.0M | $170.8M | ||
| Q1 25 | $155.0M | $-231.7M | ||
| Q4 24 | $136.0M | $488.7M | ||
| Q3 24 | $210.0M | $50.5M | ||
| Q2 24 | $150.0M | $170.4M | ||
| Q1 24 | $162.0M | $-148.2M |
自由现金流率ALSNLEA
| Q4 25 | 22.9% | 4.7% | ||
| Q3 25 | 26.6% | 5.4% | ||
| Q2 25 | 18.8% | 2.8% | ||
| Q1 25 | 20.2% | -4.2% | ||
| Q4 24 | 17.1% | 8.6% | ||
| Q3 24 | 25.5% | 0.9% | ||
| Q2 24 | 18.4% | 2.8% | ||
| Q1 24 | 20.5% | -2.5% |
资本支出强度ALSNLEA
| Q4 25 | 10.0% | 3.3% | ||
| Q3 25 | 6.3% | 2.4% | ||
| Q2 25 | 3.8% | 2.1% | ||
| Q1 25 | 3.4% | 1.9% | ||
| Q4 24 | 9.4% | 3.4% | ||
| Q3 24 | 4.4% | 2.4% | ||
| Q2 24 | 2.6% | 2.0% | ||
| Q1 24 | 1.4% | 1.9% |
现金转化率ALSNLEA
| Q4 25 | 2.45× | 5.75× | ||
| Q3 25 | 1.66× | 4.11× | ||
| Q2 25 | 0.94× | 1.79× | ||
| Q1 25 | 0.94× | -1.58× | ||
| Q4 24 | 1.21× | 7.73× | ||
| Q3 24 | 1.23× | 1.35× | ||
| Q2 24 | 0.91× | 1.68× | ||
| Q1 24 | 1.02× | -0.32× |
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
ALSN
| North America On Highway | $361.0M | 49% |
| Service Parts Support Equipment And Other | $160.0M | 22% |
| Outside North America On Highway | $131.0M | 18% |
| Defense | $73.0M | 10% |
| Global Off-Highway | $12.0M | 2% |
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
