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安波福（APTV）与Aterian, Inc.（ATER）财务数据对比。点击上方公司名可切换其他公司
安波福的季度营收约是Aterian, Inc.的340.5倍（$5.2B vs $15.1M）。安波福净利率更高（2.7% vs -52.5%，领先55.2%）。安波福同比增速更快（5.0% vs -38.5%）。安波福自由现金流更多（$651.0M vs $-1.0M）。过去两年安波福的营收复合增速更高（2.5% vs -13.5%）
安波福（Aptiv）是源自美国的全球知名汽车技术供应商，总部设于瑞士沙夫豪森。其前身是通用汽车旗下的零部件业务板块，后独立为德尔福汽车系统，经业务拆分重组后正式成立安波福，服务全球各大整车制造企业。
Aterian, Inc.是一家技术驱动的消费品企业，依托人工智能与数据分析挖掘市场需求，开发、采购并销售家居、个护、健康、户外、宠物用品等多品类高性价比商品，主要通过全球主流电商平台销往北美、欧洲等核心市场。
APTV vs ATER — 直观对比
营收规模更大
APTV
是对方的340.5倍
$15.1M
营收增速更快
APTV
高出43.5%
-38.5%
净利率更高
APTV
高出55.2%
-52.5%
自由现金流更多
APTV
多$652.0M
$-1.0M
两年增速更快
APTV
近两年复合增速
-13.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $15.1M |
| 净利润 | $138.0M | $-7.9M |
| 毛利率 | 18.7% | 56.1% |
| 营业利润率 | 8.2% | -51.1% |
| 净利率 | 2.7% | -52.5% |
| 营收同比 | 5.0% | -38.5% |
| 净利润同比 | -48.5% | -512.2% |
| 每股收益（稀释后） | $0.63 | — |
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APTVATER
| Q4 25 | $5.2B | $15.1M | ||
| Q3 25 | $5.2B | $19.0M | ||
| Q2 25 | $5.2B | $19.5M | ||
| Q1 25 | $4.8B | $15.4M | ||
| Q4 24 | $4.9B | $24.6M | ||
| Q3 24 | $4.9B | $26.2M | ||
| Q2 24 | $5.1B | $28.0M | ||
| Q1 24 | $4.9B | $20.2M |
净利润APTVATER
| Q4 25 | $138.0M | $-7.9M | ||
| Q3 25 | $-355.0M | $-2.3M | ||
| Q2 25 | $393.0M | $-4.9M | ||
| Q1 25 | $-11.0M | $-3.9M | ||
| Q4 24 | $268.0M | $-1.3M | ||
| Q3 24 | $363.0M | $-1.8M | ||
| Q2 24 | $938.0M | $-3.6M | ||
| Q1 24 | $218.0M | $-5.2M |
毛利率APTVATER
| Q4 25 | 18.7% | 56.1% | ||
| Q3 25 | 19.5% | 56.1% | ||
| Q2 25 | 19.1% | 54.3% | ||
| Q1 25 | 19.1% | 61.4% | ||
| Q4 24 | 19.6% | 63.4% | ||
| Q3 24 | 18.6% | 60.3% | ||
| Q2 24 | 19.2% | 60.4% | ||
| Q1 24 | 17.9% | 65.1% |
营业利润率APTVATER
| Q4 25 | 8.2% | -51.1% | ||
| Q3 25 | -3.4% | -10.7% | ||
| Q2 25 | 9.3% | -23.1% | ||
| Q1 25 | 9.3% | -24.1% | ||
| Q4 24 | 9.8% | -6.5% | ||
| Q3 24 | 10.4% | -6.6% | ||
| Q2 24 | 8.7% | -11.5% | ||
| Q1 24 | 8.5% | -26.1% |
净利率APTVATER
| Q4 25 | 2.7% | -52.5% | ||
| Q3 25 | -6.8% | -12.0% | ||
| Q2 25 | 7.5% | -25.0% | ||
| Q1 25 | -0.2% | -25.4% | ||
| Q4 24 | 5.5% | -5.3% | ||
| Q3 24 | 7.5% | -6.8% | ||
| Q2 24 | 18.6% | -13.0% | ||
| Q1 24 | 4.4% | -25.5% |
每股收益（稀释后）APTVATER
| Q4 25 | $0.63 | — | ||
| Q3 25 | $-1.63 | — | ||
| Q2 25 | $1.80 | — | ||
| Q1 25 | $-0.05 | — | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.48 | — | ||
| Q2 24 | $3.47 | — | ||
| Q1 24 | $0.79 | — |
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 | $1.9B | $4.9M |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $9.2B | $15.2M |
| 总资产 | $23.4B | $29.6M |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APTVATER
| Q4 25 | $1.9B | $4.9M | ||
| Q3 25 | $1.6B | $7.6M | ||
| Q2 25 | $1.4B | $10.5M | ||
| Q1 25 | $1.1B | $14.3M | ||
| Q4 24 | $1.6B | $18.0M | ||
| Q3 24 | $1.8B | $16.1M | ||
| Q2 24 | $2.2B | $20.3M | ||
| Q1 24 | $941.0M | $17.5M |
总债务APTVATER
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
股东权益APTVATER
| Q4 25 | $9.2B | $15.2M | ||
| Q3 25 | $9.3B | $22.6M | ||
| Q2 25 | $9.7B | $24.3M | ||
| Q1 25 | $9.0B | $27.0M | ||
| Q4 24 | $8.8B | $30.0M | ||
| Q3 24 | $8.9B | $30.6M | ||
| Q2 24 | $11.5B | $30.9M | ||
| Q1 24 | $11.1B | $33.0M |
总资产APTVATER
| Q4 25 | $23.4B | $29.6M | ||
| Q3 25 | $23.5B | $40.1M | ||
| Q2 25 | $23.9B | $45.4M | ||
| Q1 25 | $23.1B | $49.8M | ||
| Q4 24 | $23.5B | $49.5M | ||
| Q3 24 | $24.8B | $52.1M | ||
| Q2 24 | $24.8B | $59.9M | ||
| Q1 24 | $23.6B | $55.7M |
负债/权益比APTVATER
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
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 | $818.0M | $-1.0M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $-1.0M |
| 自由现金流率自由现金流/营收 | 12.6% | -6.9% |
| 资本支出强度资本支出/营收 | 3.2% | 0.0% |
| 现金转化率经营现金流/净利润 | 5.93× | — |
| 过去12个月自由现金流最近4个季度 | $1.5B | — |
8季度趋势，按日历期对齐
经营现金流APTVATER
| Q4 25 | $818.0M | $-1.0M | ||
| Q3 25 | $584.0M | $-1.6M | ||
| Q2 25 | $510.0M | $-4.4M | ||
| Q1 25 | $273.0M | $-3.9M | ||
| Q4 24 | $1.1B | $-9.0K | ||
| Q3 24 | $499.0M | $-722.0K | ||
| Q2 24 | $643.0M | $2.9M | ||
| Q1 24 | $244.0M | $-6.0K |
自由现金流APTVATER
| Q4 25 | $651.0M | $-1.0M | ||
| Q3 25 | $441.0M | $-1.6M | ||
| Q2 25 | $361.0M | $-4.4M | ||
| Q1 25 | $76.0M | — | ||
| Q4 24 | $894.0M | — | ||
| Q3 24 | $326.0M | — | ||
| Q2 24 | $417.0M | $2.9M | ||
| Q1 24 | $-21.0M | $-42.0K |
自由现金流率APTVATER
| Q4 25 | 12.6% | -6.9% | ||
| Q3 25 | 8.5% | -8.4% | ||
| Q2 25 | 6.9% | -22.7% | ||
| Q1 25 | 1.6% | — | ||
| Q4 24 | 18.2% | — | ||
| Q3 24 | 6.7% | — | ||
| Q2 24 | 8.3% | 10.3% | ||
| Q1 24 | -0.4% | -0.2% |
资本支出强度APTVATER
| Q4 25 | 3.2% | 0.0% | ||
| Q3 25 | 2.7% | 0.2% | ||
| Q2 25 | 2.9% | 0.0% | ||
| Q1 25 | 4.1% | 0.0% | ||
| Q4 24 | 3.4% | 0.0% | ||
| Q3 24 | 3.6% | 0.0% | ||
| Q2 24 | 4.5% | 0.0% | ||
| Q1 24 | 5.4% | 0.2% |
现金转化率APTVATER
| Q4 25 | 5.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.96× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.69× | — | ||
| Q1 24 | 1.12× | — |
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
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
ATER
| Sales Channel Directly To Consumer | $13.1M | 87% |
| Heating Cooling And Air Quality | $2.1M | 14% |
