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安波福（APTV）与Designer Brands Inc.（DBI）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Designer Brands Inc.的6.8倍（$5.2B vs $752.4M）。安波福净利率更高（2.7% vs 2.4%，领先0.3%）。安波福同比增速更快（5.0% vs -3.2%）。安波福自由现金流更多（$651.0M vs $57.5M）。过去两年安波福的营收复合增速更高（2.5% vs -0.1%）
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。
Designer Brands Inc.是一家美国鞋履及时尚配饰零售商，主打销售设计师品牌与知名品牌商品，旗下拥有知名连锁零售品牌DSW（设计师鞋履仓库），目前在美国经营超过500家线下门店，同时运营线上电商平台。
APTV vs DBI — 直观对比
营收规模更大
APTV
是对方的6.8倍
$752.4M
营收增速更快
APTV
高出8.2%
-3.2%
净利率更高
APTV
高出0.3%
2.4%
自由现金流更多
APTV
多$593.5M
$57.5M
两年增速更快
APTV
近两年复合增速
-0.1%
损益表 — Q4 2025 vs Q4 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $752.4M |
| 净利润 | $138.0M | $18.2M |
| 毛利率 | 18.7% | 45.1% |
| 营业利润率 | 8.2% | 5.7% |
| 净利率 | 2.7% | 2.4% |
| 营收同比 | 5.0% | -3.2% |
| 净利润同比 | -48.5% | 40.0% |
| 每股收益（稀释后） | $0.63 | $0.35 |
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APTVDBI
| Q4 25 | $5.2B | $752.4M | ||
| Q3 25 | $5.2B | $739.8M | ||
| Q2 25 | $5.2B | $686.9M | ||
| Q1 25 | $4.8B | $713.6M | ||
| Q4 24 | $4.9B | $777.2M | ||
| Q3 24 | $4.9B | $771.9M | ||
| Q2 24 | $5.1B | $746.6M | ||
| Q1 24 | $4.9B | $754.3M |
净利润APTVDBI
| Q4 25 | $138.0M | $18.2M | ||
| Q3 25 | $-355.0M | $10.8M | ||
| Q2 25 | $393.0M | $-17.4M | ||
| Q1 25 | $-11.0M | $-38.2M | ||
| Q4 24 | $268.0M | $13.0M | ||
| Q3 24 | $363.0M | $13.8M | ||
| Q2 24 | $938.0M | $783.0K | ||
| Q1 24 | $218.0M | $-29.6M |
毛利率APTVDBI
| Q4 25 | 18.7% | 45.1% | ||
| Q3 25 | 19.5% | 43.7% | ||
| Q2 25 | 19.1% | 43.0% | ||
| Q1 25 | 19.1% | 75.7% | ||
| Q4 24 | 19.6% | 43.0% | ||
| Q3 24 | 18.6% | 44.0% | ||
| Q2 24 | 19.2% | 44.2% | ||
| Q1 24 | 17.9% | 38.8% |
营业利润率APTVDBI
| Q4 25 | 8.2% | 5.7% | ||
| Q3 25 | -3.4% | 3.6% | ||
| Q2 25 | 9.3% | -1.1% | ||
| Q1 25 | 9.3% | -3.6% | ||
| Q4 24 | 9.8% | 2.9% | ||
| Q3 24 | 10.4% | 3.7% | ||
| Q2 24 | 8.7% | 1.3% | ||
| Q1 24 | 8.5% | -4.8% |
净利率APTVDBI
| Q4 25 | 2.7% | 2.4% | ||
| Q3 25 | -6.8% | 1.5% | ||
| Q2 25 | 7.5% | -2.5% | ||
| Q1 25 | -0.2% | -5.3% | ||
| Q4 24 | 5.5% | 1.7% | ||
| Q3 24 | 7.5% | 1.8% | ||
| Q2 24 | 18.6% | 0.1% | ||
| Q1 24 | 4.4% | -3.9% |
每股收益（稀释后）APTVDBI
| Q4 25 | $0.63 | $0.35 | ||
| Q3 25 | $-1.63 | $0.22 | ||
| Q2 25 | $1.80 | $-0.36 | ||
| Q1 25 | $-0.05 | $-0.69 | ||
| Q4 24 | $1.22 | $0.24 | ||
| Q3 24 | $1.48 | $0.24 | ||
| Q2 24 | $3.47 | $0.01 | ||
| Q1 24 | $0.79 | $-899.54 |
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 | $51.4M |
| 总债务越低越好 | $7.5B | $463.1M |
| 股东权益账面价值 | $9.2B | $298.6M |
| 总资产 | $23.4B | $2.1B |
| 负债/权益比越低杠杆越低 | 0.81× | 1.55× |
8季度趋势，按日历期对齐
现金及短期投资APTVDBI
| Q4 25 | $1.9B | $51.4M | ||
| Q3 25 | $1.6B | $44.9M | ||
| Q2 25 | $1.4B | $46.0M | ||
| Q1 25 | $1.1B | $44.8M | ||
| Q4 24 | $1.6B | $36.2M | ||
| Q3 24 | $1.8B | $38.8M | ||
| Q2 24 | $2.2B | $43.4M | ||
| Q1 24 | $941.0M | $49.2M |
总债务APTVDBI
| Q4 25 | $7.5B | $463.1M | ||
| Q3 25 | $7.6B | $509.6M | ||
| Q2 25 | $7.8B | $516.2M | ||
| Q1 25 | $7.6B | $484.3M | ||
| Q4 24 | $7.8B | $529.6M | ||
| Q3 24 | $8.3B | $459.0M | ||
| Q2 24 | $5.5B | $469.3M | ||
| Q1 24 | $4.7B | $420.3M |
股东权益APTVDBI
| Q4 25 | $9.2B | $298.6M | ||
| Q3 25 | $9.3B | $280.8M | ||
| Q2 25 | $9.7B | $266.9M | ||
| Q1 25 | $9.0B | $278.5M | ||
| Q4 24 | $8.8B | $318.5M | ||
| Q3 24 | $8.9B | $355.5M | ||
| Q2 24 | $11.5B | $358.5M | ||
| Q1 24 | $11.1B | $359.2M |
总资产APTVDBI
| Q4 25 | $23.4B | $2.1B | ||
| Q3 25 | $23.5B | $2.1B | ||
| Q2 25 | $23.9B | $2.1B | ||
| Q1 25 | $23.1B | $2.0B | ||
| Q4 24 | $23.5B | $2.1B | ||
| Q3 24 | $24.8B | $2.1B | ||
| Q2 24 | $24.8B | $2.2B | ||
| Q1 24 | $23.6B | $2.1B |
负债/权益比APTVDBI
| Q4 25 | 0.81× | 1.55× | ||
| Q3 25 | 0.82× | 1.81× | ||
| Q2 25 | 0.80× | 1.93× | ||
| Q1 25 | 0.85× | 1.74× | ||
| Q4 24 | 0.89× | 1.66× | ||
| Q3 24 | 0.93× | 1.29× | ||
| Q2 24 | 0.48× | 1.31× | ||
| Q1 24 | 0.42× | 1.17× |
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 | $66.5M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $57.5M |
| 自由现金流率自由现金流/营收 | 12.6% | 7.6% |
| 资本支出强度资本支出/营收 | 3.2% | 1.2% |
| 现金转化率经营现金流/净利润 | 5.93× | 3.65× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $99.9M |
8季度趋势，按日历期对齐
经营现金流APTVDBI
| Q4 25 | $818.0M | $66.5M | ||
| Q3 25 | $584.0M | $21.4M | ||
| Q2 25 | $510.0M | $-20.4M | ||
| Q1 25 | $273.0M | $70.1M | ||
| Q4 24 | $1.1B | $-9.8M | ||
| Q3 24 | $499.0M | $41.6M | ||
| Q2 24 | $643.0M | $-19.7M | ||
| Q1 24 | $244.0M | $-40.1M |
自由现金流APTVDBI
| Q4 25 | $651.0M | $57.5M | ||
| Q3 25 | $441.0M | $11.9M | ||
| Q2 25 | $361.0M | $-27.6M | ||
| Q1 25 | $76.0M | $58.1M | ||
| Q4 24 | $894.0M | $-19.2M | ||
| Q3 24 | $326.0M | $28.0M | ||
| Q2 24 | $417.0M | $-35.6M | ||
| Q1 24 | $-21.0M | $-52.8M |
自由现金流率APTVDBI
| Q4 25 | 12.6% | 7.6% | ||
| Q3 25 | 8.5% | 1.6% | ||
| Q2 25 | 6.9% | -4.0% | ||
| Q1 25 | 1.6% | 8.1% | ||
| Q4 24 | 18.2% | -2.5% | ||
| Q3 24 | 6.7% | 3.6% | ||
| Q2 24 | 8.3% | -4.8% | ||
| Q1 24 | -0.4% | -7.0% |
资本支出强度APTVDBI
| Q4 25 | 3.2% | 1.2% | ||
| Q3 25 | 2.7% | 1.3% | ||
| Q2 25 | 2.9% | 1.1% | ||
| Q1 25 | 4.1% | 1.7% | ||
| Q4 24 | 3.4% | 1.2% | ||
| Q3 24 | 3.6% | 1.8% | ||
| Q2 24 | 4.5% | 2.1% | ||
| Q1 24 | 5.4% | 1.7% |
现金转化率APTVDBI
| Q4 25 | 5.93× | 3.65× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.96× | -0.75× | ||
| Q3 24 | 1.37× | 3.01× | ||
| Q2 24 | 0.69× | -25.13× | ||
| 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% |
DBI
| Womens | $280.7M | 37% |
| Athletic Footwear | $188.6M | 25% |
| Wholesale | $89.8M | 12% |
| Canada Retail Segment | $77.3M | 10% |
| Mens | $76.1M | 10% |
| Kids | $24.2M | 3% |
| Commission Income | $10.8M | 1% |
| Directto Consumer | $1.3M | 0% |
