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安波福（APTV）与优尼威尔（DSGR）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优尼威尔的9.9倍（$5.2B vs $518.0M）。安波福净利率更高（2.7% vs 1.2%，领先1.4%）。优尼威尔同比增速更快（10.7% vs 5.0%）。安波福自由现金流更多（$651.0M vs $32.9M）。过去两年优尼威尔的营收复合增速更高（13.1% 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。
优尼威尔解决方案公司是一家全球化化学品与原料分销商，同时可为客户提供各类增值服务，业务网络覆盖全球多个地区，在化工及原料分销领域拥有丰富的行业经验与资源积累。
APTV vs DSGR — 直观对比
营收规模更大
APTV
是对方的9.9倍
$518.0M
营收增速更快
DSGR
高出5.7%
5.0%
净利率更高
APTV
高出1.4%
1.2%
自由现金流更多
APTV
多$618.1M
$32.9M
两年增速更快
DSGR
近两年复合增速
2.5%
损益表 — Q4 2025 vs Q3 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $518.0M |
| 净利润 | $138.0M | $6.5M |
| 毛利率 | 18.7% | 32.9% |
| 营业利润率 | 8.2% | 4.6% |
| 净利率 | 2.7% | 1.2% |
| 营收同比 | 5.0% | 10.7% |
| 净利润同比 | -48.5% | -70.6% |
| 每股收益（稀释后） | $0.63 | $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APTVDSGR
| Q4 25 | $5.2B | — | ||
| Q3 25 | $5.2B | $518.0M | ||
| Q2 25 | $5.2B | $502.4M | ||
| Q1 25 | $4.8B | $478.0M | ||
| Q4 24 | $4.9B | $480.5M | ||
| Q3 24 | $4.9B | $468.0M | ||
| Q2 24 | $5.1B | $439.5M | ||
| Q1 24 | $4.9B | $416.1M |
净利润APTVDSGR
| Q4 25 | $138.0M | — | ||
| Q3 25 | $-355.0M | $6.5M | ||
| Q2 25 | $393.0M | $5.0M | ||
| Q1 25 | $-11.0M | $3.3M | ||
| Q4 24 | $268.0M | $-25.9M | ||
| Q3 24 | $363.0M | $21.9M | ||
| Q2 24 | $938.0M | $1.9M | ||
| Q1 24 | $218.0M | $-5.2M |
毛利率APTVDSGR
| Q4 25 | 18.7% | — | ||
| Q3 25 | 19.5% | 32.9% | ||
| Q2 25 | 19.1% | 33.9% | ||
| Q1 25 | 19.1% | 34.3% | ||
| Q4 24 | 19.6% | 33.3% | ||
| Q3 24 | 18.6% | 33.9% | ||
| Q2 24 | 19.2% | 34.5% | ||
| Q1 24 | 17.9% | 34.5% |
营业利润率APTVDSGR
| Q4 25 | 8.2% | — | ||
| Q3 25 | -3.4% | 4.6% | ||
| Q2 25 | 9.3% | 5.3% | ||
| Q1 25 | 9.3% | 4.2% | ||
| Q4 24 | 9.8% | 4.2% | ||
| Q3 24 | 10.4% | 4.0% | ||
| Q2 24 | 8.7% | 3.2% | ||
| Q1 24 | 8.5% | 0.7% |
净利率APTVDSGR
| Q4 25 | 2.7% | — | ||
| Q3 25 | -6.8% | 1.2% | ||
| Q2 25 | 7.5% | 1.0% | ||
| Q1 25 | -0.2% | 0.7% | ||
| Q4 24 | 5.5% | -5.4% | ||
| Q3 24 | 7.5% | 4.7% | ||
| Q2 24 | 18.6% | 0.4% | ||
| Q1 24 | 4.4% | -1.3% |
每股收益（稀释后）APTVDSGR
| Q4 25 | $0.63 | — | ||
| Q3 25 | $-1.63 | $0.14 | ||
| Q2 25 | $1.80 | $0.11 | ||
| Q1 25 | $-0.05 | $0.07 | ||
| Q4 24 | $1.22 | $-0.55 | ||
| Q3 24 | $1.48 | $0.46 | ||
| Q2 24 | $3.47 | $0.04 | ||
| Q1 24 | $0.79 | $-0.11 |
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 | $69.2M |
| 总债务越低越好 | $7.5B | $665.5M |
| 股东权益账面价值 | $9.2B | $653.9M |
| 总资产 | $23.4B | $1.8B |
| 负债/权益比越低杠杆越低 | 0.81× | 1.02× |
8季度趋势，按日历期对齐
现金及短期投资APTVDSGR
| Q4 25 | $1.9B | — | ||
| Q3 25 | $1.6B | $69.2M | ||
| Q2 25 | $1.4B | $47.4M | ||
| Q1 25 | $1.1B | $65.4M | ||
| Q4 24 | $1.6B | $66.5M | ||
| Q3 24 | $1.8B | $61.3M | ||
| Q2 24 | $2.2B | $46.8M | ||
| Q1 24 | $941.0M | $73.1M |
总债务APTVDSGR
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | $665.5M | ||
| Q2 25 | $7.8B | $675.0M | ||
| Q1 25 | $7.6B | $712.4M | ||
| Q4 24 | $7.8B | $693.9M | ||
| Q3 24 | $8.3B | $704.1M | ||
| Q2 24 | $5.5B | $573.7M | ||
| Q1 24 | $4.7B | $535.7M |
股东权益APTVDSGR
| Q4 25 | $9.2B | — | ||
| Q3 25 | $9.3B | $653.9M | ||
| Q2 25 | $9.7B | $649.4M | ||
| Q1 25 | $9.0B | $636.7M | ||
| Q4 24 | $8.8B | $640.5M | ||
| Q3 24 | $8.9B | $680.8M | ||
| Q2 24 | $11.5B | $653.3M | ||
| Q1 24 | $11.1B | $654.7M |
总资产APTVDSGR
| Q4 25 | $23.4B | — | ||
| Q3 25 | $23.5B | $1.8B | ||
| Q2 25 | $23.9B | $1.8B | ||
| Q1 25 | $23.1B | $1.8B | ||
| Q4 24 | $23.5B | $1.7B | ||
| Q3 24 | $24.8B | $1.8B | ||
| Q2 24 | $24.8B | $1.6B | ||
| Q1 24 | $23.6B | $1.5B |
负债/权益比APTVDSGR
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | 1.02× | ||
| Q2 25 | 0.80× | 1.04× | ||
| Q1 25 | 0.85× | 1.12× | ||
| Q4 24 | 0.89× | 1.08× | ||
| Q3 24 | 0.93× | 1.03× | ||
| Q2 24 | 0.48× | 0.88× | ||
| Q1 24 | 0.42× | 0.82× |
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 | $38.4M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $32.9M |
| 自由现金流率自由现金流/营收 | 12.6% | 6.3% |
| 资本支出强度资本支出/营收 | 3.2% | 1.1% |
| 现金转化率经营现金流/净利润 | 5.93× | 5.95× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $92.2M |
8季度趋势，按日历期对齐
经营现金流APTVDSGR
| Q4 25 | $818.0M | — | ||
| Q3 25 | $584.0M | $38.4M | ||
| Q2 25 | $510.0M | $33.3M | ||
| Q1 25 | $273.0M | $-4.8M | ||
| Q4 24 | $1.1B | $45.7M | ||
| Q3 24 | $499.0M | $-17.3M | ||
| Q2 24 | $643.0M | $21.4M | ||
| Q1 24 | $244.0M | $6.6M |
自由现金流APTVDSGR
| Q4 25 | $651.0M | — | ||
| Q3 25 | $441.0M | $32.9M | ||
| Q2 25 | $361.0M | $28.7M | ||
| Q1 25 | $76.0M | $-10.4M | ||
| Q4 24 | $894.0M | $41.1M | ||
| Q3 24 | $326.0M | $-20.5M | ||
| Q2 24 | $417.0M | $18.0M | ||
| Q1 24 | $-21.0M | $4.2M |
自由现金流率APTVDSGR
| Q4 25 | 12.6% | — | ||
| Q3 25 | 8.5% | 6.3% | ||
| Q2 25 | 6.9% | 5.7% | ||
| Q1 25 | 1.6% | -2.2% | ||
| Q4 24 | 18.2% | 8.6% | ||
| Q3 24 | 6.7% | -4.4% | ||
| Q2 24 | 8.3% | 4.1% | ||
| Q1 24 | -0.4% | 1.0% |
资本支出强度APTVDSGR
| Q4 25 | 3.2% | — | ||
| Q3 25 | 2.7% | 1.1% | ||
| Q2 25 | 2.9% | 0.9% | ||
| Q1 25 | 4.1% | 1.2% | ||
| Q4 24 | 3.4% | 1.0% | ||
| Q3 24 | 3.6% | 0.7% | ||
| Q2 24 | 4.5% | 0.8% | ||
| Q1 24 | 5.4% | 0.6% |
现金转化率APTVDSGR
| Q4 25 | 5.93× | — | ||
| Q3 25 | — | 5.95× | ||
| Q2 25 | 1.30× | 6.66× | ||
| Q1 25 | — | -1.46× | ||
| Q4 24 | 3.96× | — | ||
| Q3 24 | 1.37× | -0.79× | ||
| Q2 24 | 0.69× | 11.28× | ||
| 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% |
DSGR
| Test Equity Segment | $206.5M | 40% |
| Gexpro Services Segment | $130.5M | 25% |
| Lawson Segment | $121.5M | 23% |
| Canada Branch Division Segment | $60.0M | 12% |
