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安波福（APTV）与Chefs' Warehouse, Inc.（CHEF）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Chefs' Warehouse, Inc.的4.5倍（$5.2B vs $1.1B）。安波福净利率更高（2.7% vs 1.9%，领先0.8%）。Chefs' Warehouse, Inc.同比增速更快（10.5% vs 5.0%）。安波福自由现金流更多（$651.0M vs $65.8M）。过去两年Chefs' Warehouse, Inc.的营收复合增速更高（14.3% vs 2.5%）
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。
Chefs' Warehouse, Inc. 是一家北美专业食品分销商，服务对象包括独立餐厅、高端餐饮场所、酒店、餐饮服务商等食品服务运营商，供应超15万种精选产品，涵盖手工食材、特色肉类、海鲜、乳制品、进口高端美食等，适配专业厨师的使用需求。
APTV vs CHEF — 直观对比
营收规模更大
APTV
是对方的4.5倍
$1.1B
营收增速更快
CHEF
高出5.5%
5.0%
净利率更高
APTV
高出0.8%
1.9%
自由现金流更多
APTV
多$585.2M
$65.8M
两年增速更快
CHEF
近两年复合增速
2.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $1.1B |
| 净利润 | $138.0M | $21.7M |
| 毛利率 | 18.7% | 24.2% |
| 营业利润率 | 8.2% | 3.8% |
| 净利率 | 2.7% | 1.9% |
| 营收同比 | 5.0% | 10.5% |
| 净利润同比 | -48.5% | -9.4% |
| 每股收益（稀释后） | $0.63 | $0.50 |
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APTVCHEF
| Q4 25 | $5.2B | $1.1B | ||
| Q3 25 | $5.2B | $1.0B | ||
| Q2 25 | $5.2B | $1.0B | ||
| Q1 25 | $4.8B | $950.7M | ||
| Q4 24 | $4.9B | $1.0B | ||
| Q3 24 | $4.9B | $931.5M | ||
| Q2 24 | $5.1B | $954.7M | ||
| Q1 24 | $4.9B | $874.5M |
净利润APTVCHEF
| Q4 25 | $138.0M | $21.7M | ||
| Q3 25 | $-355.0M | $19.1M | ||
| Q2 25 | $393.0M | $21.2M | ||
| Q1 25 | $-11.0M | $10.3M | ||
| Q4 24 | $268.0M | $23.9M | ||
| Q3 24 | $363.0M | $14.1M | ||
| Q2 24 | $938.0M | $15.5M | ||
| Q1 24 | $218.0M | $1.9M |
毛利率APTVCHEF
| Q4 25 | 18.7% | 24.2% | ||
| Q3 25 | 19.5% | 24.2% | ||
| Q2 25 | 19.1% | 24.6% | ||
| Q1 25 | 19.1% | 23.8% | ||
| Q4 24 | 19.6% | 24.3% | ||
| Q3 24 | 18.6% | 24.1% | ||
| Q2 24 | 19.2% | 24.0% | ||
| Q1 24 | 17.9% | 23.9% |
营业利润率APTVCHEF
| Q4 25 | 8.2% | 3.8% | ||
| Q3 25 | -3.4% | 3.8% | ||
| Q2 25 | 9.3% | 3.9% | ||
| Q1 25 | 9.3% | 2.4% | ||
| Q4 24 | 9.8% | 4.5% | ||
| Q3 24 | 10.4% | 3.4% | ||
| Q2 24 | 8.7% | 3.5% | ||
| Q1 24 | 8.5% | 1.8% |
净利率APTVCHEF
| Q4 25 | 2.7% | 1.9% | ||
| Q3 25 | -6.8% | 1.9% | ||
| Q2 25 | 7.5% | 2.1% | ||
| Q1 25 | -0.2% | 1.1% | ||
| Q4 24 | 5.5% | 2.3% | ||
| Q3 24 | 7.5% | 1.5% | ||
| Q2 24 | 18.6% | 1.6% | ||
| Q1 24 | 4.4% | 0.2% |
每股收益（稀释后）APTVCHEF
| Q4 25 | $0.63 | $0.50 | ||
| Q3 25 | $-1.63 | $0.44 | ||
| Q2 25 | $1.80 | $0.49 | ||
| Q1 25 | $-0.05 | $0.25 | ||
| Q4 24 | $1.22 | $0.56 | ||
| Q3 24 | $1.48 | $0.34 | ||
| Q2 24 | $3.47 | $0.37 | ||
| Q1 24 | $0.79 | $0.05 |
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 | $121.0M |
| 总债务越低越好 | $7.5B | $720.3M |
| 股东权益账面价值 | $9.2B | $604.3M |
| 总资产 | $23.4B | $2.0B |
| 负债/权益比越低杠杆越低 | 0.81× | 1.19× |
8季度趋势，按日历期对齐
现金及短期投资APTVCHEF
| Q4 25 | $1.9B | $121.0M | ||
| Q3 25 | $1.6B | $65.1M | ||
| Q2 25 | $1.4B | $96.9M | ||
| Q1 25 | $1.1B | $116.5M | ||
| Q4 24 | $1.6B | $114.7M | ||
| Q3 24 | $1.8B | $50.7M | ||
| Q2 24 | $2.2B | $38.3M | ||
| Q1 24 | $941.0M | $42.3M |
总债务APTVCHEF
| Q4 25 | $7.5B | $720.3M | ||
| Q3 25 | $7.6B | $711.7M | ||
| Q2 25 | $7.8B | $690.2M | ||
| Q1 25 | $7.6B | $681.1M | ||
| Q4 24 | $7.8B | $688.7M | ||
| Q3 24 | $8.3B | $666.6M | ||
| Q2 24 | $5.5B | $660.8M | ||
| Q1 24 | $4.7B | $667.3M |
股东权益APTVCHEF
| Q4 25 | $9.2B | $604.3M | ||
| Q3 25 | $9.3B | $576.6M | ||
| Q2 25 | $9.7B | $557.7M | ||
| Q1 25 | $9.0B | $541.6M | ||
| Q4 24 | $8.8B | $537.6M | ||
| Q3 24 | $8.9B | $480.3M | ||
| Q2 24 | $11.5B | $461.9M | ||
| Q1 24 | $11.1B | $447.8M |
总资产APTVCHEF
| Q4 25 | $23.4B | $2.0B | ||
| Q3 25 | $23.5B | $1.9B | ||
| Q2 25 | $23.9B | $1.9B | ||
| Q1 25 | $23.1B | $1.8B | ||
| Q4 24 | $23.5B | $1.9B | ||
| Q3 24 | $24.8B | $1.8B | ||
| Q2 24 | $24.8B | $1.7B | ||
| Q1 24 | $23.6B | $1.7B |
负债/权益比APTVCHEF
| Q4 25 | 0.81× | 1.19× | ||
| Q3 25 | 0.82× | 1.23× | ||
| Q2 25 | 0.80× | 1.24× | ||
| Q1 25 | 0.85× | 1.26× | ||
| Q4 24 | 0.89× | 1.28× | ||
| Q3 24 | 0.93× | 1.39× | ||
| Q2 24 | 0.48× | 1.43× | ||
| Q1 24 | 0.42× | 1.49× |
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 | $73.9M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $65.8M |
| 自由现金流率自由现金流/营收 | 12.6% | 5.8% |
| 资本支出强度资本支出/营收 | 3.2% | 0.7% |
| 现金转化率经营现金流/净利润 | 5.93× | 3.41× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $87.8M |
8季度趋势，按日历期对齐
经营现金流APTVCHEF
| Q4 25 | $818.0M | $73.9M | ||
| Q3 25 | $584.0M | $-8.7M | ||
| Q2 25 | $510.0M | $14.5M | ||
| Q1 25 | $273.0M | $49.6M | ||
| Q4 24 | $1.1B | $73.0M | ||
| Q3 24 | $499.0M | $19.8M | ||
| Q2 24 | $643.0M | $29.3M | ||
| Q1 24 | $244.0M | $30.9M |
自由现金流APTVCHEF
| Q4 25 | $651.0M | $65.8M | ||
| Q3 25 | $441.0M | $-19.7M | ||
| Q2 25 | $361.0M | $4.5M | ||
| Q1 25 | $76.0M | $37.2M | ||
| Q4 24 | $894.0M | $64.6M | ||
| Q3 24 | $326.0M | $11.8M | ||
| Q2 24 | $417.0M | $13.3M | ||
| Q1 24 | $-21.0M | $13.8M |
自由现金流率APTVCHEF
| Q4 25 | 12.6% | 5.8% | ||
| Q3 25 | 8.5% | -1.9% | ||
| Q2 25 | 6.9% | 0.4% | ||
| Q1 25 | 1.6% | 3.9% | ||
| Q4 24 | 18.2% | 6.3% | ||
| Q3 24 | 6.7% | 1.3% | ||
| Q2 24 | 8.3% | 1.4% | ||
| Q1 24 | -0.4% | 1.6% |
资本支出强度APTVCHEF
| Q4 25 | 3.2% | 0.7% | ||
| Q3 25 | 2.7% | 1.1% | ||
| Q2 25 | 2.9% | 1.0% | ||
| Q1 25 | 4.1% | 1.3% | ||
| Q4 24 | 3.4% | 0.8% | ||
| Q3 24 | 3.6% | 0.9% | ||
| Q2 24 | 4.5% | 1.7% | ||
| Q1 24 | 5.4% | 2.0% |
现金转化率APTVCHEF
| Q4 25 | 5.93× | 3.41× | ||
| Q3 25 | — | -0.46× | ||
| Q2 25 | 1.30× | 0.68× | ||
| Q1 25 | — | 4.82× | ||
| Q4 24 | 3.96× | 3.05× | ||
| Q3 24 | 1.37× | 1.41× | ||
| Q2 24 | 0.69× | 1.89× | ||
| Q1 24 | 1.12× | 16.00× |
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% |
CHEF
| Center Of The Plate Product | $459.1M | 40% |
| Dry Goods Product | $175.7M | 15% |
| Pastry Product | $160.5M | 14% |
| Produce | $147.9M | 13% |
| Cheese And Charcuterie Product | $75.3M | 7% |
| Dairy And Eggs Product | $69.2M | 6% |
| Oils And Vinegar Product | $32.4M | 3% |
| Kitchen Supplies Product | $22.4M | 2% |
