vs
奥托立夫（ALV）与国际纸业（IP）财务数据对比。点击上方公司名可切换其他公司
国际纸业的季度营收约是奥托立夫的2.2倍（$6.0B vs $2.8B），奥托立夫净利率更高（5.2% vs 1.0%，领先4.2%），奥托立夫同比增速更快（6.8% vs -0.6%），过去两年国际纸业的营收复合增速更高（12.3% vs 2.8%）
奥托立夫是美瑞合资的汽车安全供应商，总部位于瑞典斯德哥尔摩，在美国特拉华州注册成立，是全球最大的汽车安全系统供应商，主营安全气囊、安全带、方向盘等产品，为全球各大汽车制造商供货。品牌名由代表汽车的“auto”与瑞典语中意为“生命”的“liv”组合而成。
国际纸业是总部位于美国田纳西州孟菲斯的纸浆及造纸企业，为全球规模最大的同类型企业，目前拥有约3.9万名员工，产品覆盖纸浆、包装用纸、办公用纸等品类，业务遍及全球多个国家和地区，广泛服务各行业客户的相关需求。
ALV vs IP — 直观对比
营收规模更大
IP
是对方的2.2倍
$2.8B
营收增速更快
ALV
高出7.4%
-0.6%
净利率更高
ALV
高出4.2%
1.0%
两年增速更快
IP
近两年复合增速
2.8%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.8B | $6.0B |
| 净利润 | $142.0M | $60.0M |
| 毛利率 | 19.1% | — |
| 营业利润率 | 8.6% | — |
| 净利率 | 5.2% | 1.0% |
| 营收同比 | 6.8% | -0.6% |
| 净利润同比 | -15.0% | 157.1% |
| 每股收益（稀释后） | $1.88 | $0.14 |
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ALVIP
| Q1 26 | $2.8B | $6.0B | ||
| Q4 25 | $2.8B | $4.7B | ||
| Q3 25 | $2.7B | $6.2B | ||
| Q2 25 | $2.7B | $6.8B | ||
| Q1 25 | $2.6B | $5.9B | ||
| Q4 24 | $2.6B | $4.6B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $2.6B | $4.7B |
净利润ALVIP
| Q1 26 | $142.0M | $60.0M | ||
| Q4 25 | $226.0M | $-2.4B | ||
| Q3 25 | $175.0M | $-1.1B | ||
| Q2 25 | $167.0M | $75.0M | ||
| Q1 25 | $167.0M | $-105.0M | ||
| Q4 24 | $244.0M | $-147.0M | ||
| Q3 24 | $138.0M | $150.0M | ||
| Q2 24 | $138.0M | $498.0M |
毛利率ALVIP
| Q1 26 | 19.1% | — | ||
| Q4 25 | 20.3% | 32.2% | ||
| Q3 25 | 19.3% | 31.1% | ||
| Q2 25 | 18.5% | 27.9% | ||
| Q1 25 | 18.5% | 27.8% | ||
| Q4 24 | 21.0% | 29.0% | ||
| Q3 24 | 18.0% | 28.7% | ||
| Q2 24 | 18.2% | 29.0% |
营业利润率ALVIP
| Q1 26 | 8.6% | — | ||
| Q4 25 | 11.4% | -56.4% | ||
| Q3 25 | 9.9% | -10.8% | ||
| Q2 25 | 9.1% | 1.7% | ||
| Q1 25 | 9.9% | -2.3% | ||
| Q4 24 | 13.5% | -4.9% | ||
| Q3 24 | 8.8% | 5.1% | ||
| Q2 24 | 7.9% | 6.8% |
净利率ALVIP
| Q1 26 | 5.2% | 1.0% | ||
| Q4 25 | 8.0% | -50.3% | ||
| Q3 25 | 6.5% | -17.7% | ||
| Q2 25 | 6.2% | 1.1% | ||
| Q1 25 | 6.5% | -1.8% | ||
| Q4 24 | 9.3% | -3.2% | ||
| Q3 24 | 5.4% | 3.2% | ||
| Q2 24 | 5.3% | 10.5% |
每股收益（稀释后）ALVIP
| Q1 26 | $1.88 | $0.14 | ||
| Q4 25 | $2.97 | $-4.76 | ||
| Q3 25 | $2.28 | $-2.09 | ||
| Q2 25 | $2.16 | $0.14 | ||
| Q1 25 | $2.14 | $-0.24 | ||
| Q4 24 | $3.07 | $-0.42 | ||
| Q3 24 | $1.74 | $0.42 | ||
| Q2 24 | $1.71 | $1.41 |
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 | — | — |
| 总债务越低越好 | $2.1B | $8.2B |
| 股东权益账面价值 | $2.6B | $14.8B |
| 总资产 | $8.5B | $36.4B |
| 负债/权益比越低杠杆越低 | 0.79× | 0.55× |
8季度趋势，按日历期对齐
现金及短期投资ALVIP
| Q1 26 | — | — | ||
| Q4 25 | $604.0M | $1.1B | ||
| Q3 25 | $225.0M | $995.0M | ||
| Q2 25 | $237.0M | $1.1B | ||
| Q1 25 | $322.0M | $1.2B | ||
| Q4 24 | $330.0M | $1.2B | ||
| Q3 24 | $415.0M | $1.2B | ||
| Q2 24 | $408.0M | $1.0B |
总债务ALVIP
| Q1 26 | $2.1B | $8.2B | ||
| Q4 25 | — | $8.8B | ||
| Q3 25 | — | $9.0B | ||
| Q2 25 | — | $9.7B | ||
| Q1 25 | — | $9.2B | ||
| Q4 24 | — | $5.4B | ||
| Q3 24 | — | $5.3B | ||
| Q2 24 | — | $5.3B |
股东权益ALVIP
| Q1 26 | $2.6B | $14.8B | ||
| Q4 25 | $2.6B | $14.8B | ||
| Q3 25 | $2.5B | $17.3B | ||
| Q2 25 | $2.5B | $18.6B | ||
| Q1 25 | $2.4B | $18.1B | ||
| Q4 24 | $2.3B | $8.2B | ||
| Q3 24 | $2.3B | $8.6B | ||
| Q2 24 | $2.3B | $8.6B |
总资产ALVIP
| Q1 26 | $8.5B | $36.4B | ||
| Q4 25 | $8.6B | $38.0B | ||
| Q3 25 | $8.5B | $40.6B | ||
| Q2 25 | $8.5B | $42.4B | ||
| Q1 25 | $8.1B | $41.2B | ||
| Q4 24 | $7.8B | $22.8B | ||
| Q3 24 | $8.3B | $23.2B | ||
| Q2 24 | $8.0B | $23.1B |
负债/权益比ALVIP
| Q1 26 | 0.79× | 0.55× | ||
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.52× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | — | 0.62× | ||
| Q2 24 | — | 0.62× |
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 | — | $94.0M |
| 自由现金流率自由现金流/营收 | — | 1.6% |
| 资本支出强度资本支出/营收 | 3.1% | 8.7% |
| 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 | — | $553.0M |
8季度趋势，按日历期对齐
经营现金流ALVIP
| Q1 26 | — | — | ||
| Q4 25 | $544.0M | $905.0M | ||
| Q3 25 | $258.0M | $605.0M | ||
| Q2 25 | $278.0M | $476.0M | ||
| Q1 25 | $77.0M | $-288.0M | ||
| Q4 24 | $420.0M | $397.0M | ||
| Q3 24 | $177.0M | $521.0M | ||
| Q2 24 | $340.0M | $365.0M |
自由现金流ALVIP
| Q1 26 | — | $94.0M | ||
| Q4 25 | $426.0M | $255.0M | ||
| Q3 25 | $152.0M | $150.0M | ||
| Q2 25 | $163.0M | $54.0M | ||
| Q1 25 | $-25.0M | $-618.0M | ||
| Q4 24 | $281.0M | $137.0M | ||
| Q3 24 | $31.0M | $309.0M | ||
| Q2 24 | $186.0M | $167.0M |
自由现金流率ALVIP
| Q1 26 | — | 1.6% | ||
| Q4 25 | 15.1% | 5.4% | ||
| Q3 25 | 5.6% | 2.4% | ||
| Q2 25 | 6.0% | 0.8% | ||
| Q1 25 | -1.0% | -10.5% | ||
| Q4 24 | 10.7% | 3.0% | ||
| Q3 24 | 1.2% | 6.6% | ||
| Q2 24 | 7.1% | 3.5% |
资本支出强度ALVIP
| Q1 26 | 3.1% | 8.7% | ||
| Q4 25 | 4.2% | 13.7% | ||
| Q3 25 | 3.9% | 7.3% | ||
| Q2 25 | 4.2% | 6.2% | ||
| Q1 25 | 4.0% | 5.6% | ||
| Q4 24 | 5.3% | 5.7% | ||
| Q3 24 | 5.7% | 4.5% | ||
| Q2 24 | 5.9% | 4.2% |
现金转化率ALVIP
| Q1 26 | — | — | ||
| Q4 25 | 2.41× | — | ||
| Q3 25 | 1.47× | — | ||
| Q2 25 | 1.66× | 6.35× | ||
| Q1 25 | 0.46× | — | ||
| Q4 24 | 1.72× | — | ||
| Q3 24 | 1.28× | 3.47× | ||
| Q2 24 | 2.46× | 0.73× |
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
ALV
| Airbags, Steering Wheels and Other 1) | $1.9B | 68% |
| Seatbelt products and Other 1) | $890.0M | 32% |
IP
| Packaging Solutions North America | $3.6B | 61% |
| Packaging Solutions EMEA | $2.3B | 39% |
| Corporate and Inter-segment Sales | $22.0M | 0% |
