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安波福（APTV）与H&R BLOCK INC（HRB）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H&R BLOCK INC的25.9倍（$5.2B vs $198.9M）。安波福净利率更高（2.7% vs -121.8%，领先124.5%）。H&R BLOCK INC同比增速更快（11.1% vs 5.0%）。安波福自由现金流更多（$651.0M vs $-649.5M）。过去两年安波福的营收复合增速更高（2.5% vs -69.8%）
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。
H&R Block是美国知名税务服务企业，1955年由亨利·布洛克与理查德·布洛克兄弟在密苏里州堪萨斯城创立，目前业务范围覆盖美国、加拿大、澳大利亚三地，为个人及企业客户提供专业的税务申报、咨询等相关服务，在行业内拥有较高知名度。
APTV vs HRB — 直观对比
营收规模更大
APTV
是对方的25.9倍
$198.9M
营收增速更快
HRB
高出6.0%
5.0%
净利率更高
APTV
高出124.5%
-121.8%
自由现金流更多
APTV
多$1.3B
$-649.5M
两年增速更快
APTV
近两年复合增速
-69.8%
损益表 — Q4 2025 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $198.9M |
| 净利润 | $138.0M | $-242.2M |
| 毛利率 | 18.7% | -70.9% |
| 营业利润率 | 8.2% | -160.5% |
| 净利率 | 2.7% | -121.8% |
| 营收同比 | 5.0% | 11.1% |
| 净利润同比 | -48.5% | 0.5% |
| 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APTVHRB
| Q4 25 | $5.2B | $198.9M | ||
| Q3 25 | $5.2B | $203.6M | ||
| Q2 25 | $5.2B | $1.1B | ||
| Q1 25 | $4.8B | $2.3B | ||
| Q4 24 | $4.9B | $179.1M | ||
| Q3 24 | $4.9B | $193.8M | ||
| Q2 24 | $5.1B | $1.1B | ||
| Q1 24 | $4.9B | $2.2B |
净利润APTVHRB
| Q4 25 | $138.0M | $-242.2M | ||
| Q3 25 | $-355.0M | $-165.8M | ||
| Q2 25 | $393.0M | $299.4M | ||
| Q1 25 | $-11.0M | $722.3M | ||
| Q4 24 | $268.0M | $-243.4M | ||
| Q3 24 | $363.0M | $-172.6M | ||
| Q2 24 | $938.0M | $257.8M | ||
| Q1 24 | $218.0M | $690.7M |
毛利率APTVHRB
| Q4 25 | 18.7% | -70.9% | ||
| Q3 25 | 19.5% | -34.6% | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 19.1% | 57.4% | ||
| Q4 24 | 19.6% | -75.5% | ||
| Q3 24 | 18.6% | -39.1% | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 17.9% | 57.6% |
营业利润率APTVHRB
| Q4 25 | 8.2% | -160.5% | ||
| Q3 25 | -3.4% | -106.3% | ||
| Q2 25 | 9.3% | 33.1% | ||
| Q1 25 | 9.3% | 42.1% | ||
| Q4 24 | 9.8% | -174.4% | ||
| Q3 24 | 10.4% | -119.8% | ||
| Q2 24 | 8.7% | 33.0% | ||
| Q1 24 | 8.5% | 41.5% |
净利率APTVHRB
| Q4 25 | 2.7% | -121.8% | ||
| Q3 25 | -6.8% | -81.5% | ||
| Q2 25 | 7.5% | 27.0% | ||
| Q1 25 | -0.2% | 31.7% | ||
| Q4 24 | 5.5% | -135.9% | ||
| Q3 24 | 7.5% | -89.0% | ||
| Q2 24 | 18.6% | 24.3% | ||
| Q1 24 | 4.4% | 31.6% |
每股收益（稀释后）APTVHRB
| Q4 25 | $0.63 | — | ||
| Q3 25 | $-1.63 | — | ||
| Q2 25 | $1.80 | — | ||
| Q1 25 | $-0.05 | $5.31 | ||
| Q4 24 | $1.22 | — | ||
| Q3 24 | $1.48 | — | ||
| Q2 24 | $3.47 | — | ||
| Q1 24 | $0.79 | $4.86 |
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 | $349.2M |
| 总债务越低越好 | $7.5B | $2.4B |
| 股东权益账面价值 | $9.2B | $-823.1M |
| 总资产 | $23.4B | $2.9B |
| 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APTVHRB
| Q4 25 | $1.9B | $349.2M | ||
| Q3 25 | $1.6B | $376.4M | ||
| Q2 25 | $1.4B | $983.3M | ||
| Q1 25 | $1.1B | $772.9M | ||
| Q4 24 | $1.6B | $320.1M | ||
| Q3 24 | $1.8B | $415.9M | ||
| Q2 24 | $2.2B | $1.1B | ||
| Q1 24 | $941.0M | $794.6M |
总债务APTVHRB
| Q4 25 | $7.5B | $2.4B | ||
| Q3 25 | $7.6B | $1.7B | ||
| Q2 25 | $7.8B | $1.1B | ||
| Q1 25 | $7.6B | $1.1B | ||
| Q4 24 | $7.8B | $1.9B | ||
| Q3 24 | $8.3B | $1.5B | ||
| Q2 24 | $5.5B | $1.5B | ||
| Q1 24 | $4.7B | $1.5B |
股东权益APTVHRB
| Q4 25 | $9.2B | $-823.1M | ||
| Q3 25 | $9.3B | $-550.9M | ||
| Q2 25 | $9.7B | $88.9M | ||
| Q1 25 | $9.0B | $-192.8M | ||
| Q4 24 | $8.8B | $-872.5M | ||
| Q3 24 | $8.9B | $-368.1M | ||
| Q2 24 | $11.5B | $90.6M | ||
| Q1 24 | $11.1B | $-129.8M |
总资产APTVHRB
| Q4 25 | $23.4B | $2.9B | ||
| Q3 25 | $23.5B | $2.6B | ||
| Q2 25 | $23.9B | $3.3B | ||
| Q1 25 | $23.1B | $3.2B | ||
| Q4 24 | $23.5B | $2.7B | ||
| Q3 24 | $24.8B | $2.5B | ||
| Q2 24 | $24.8B | $3.2B | ||
| Q1 24 | $23.6B | $3.2B |
负债/权益比APTVHRB
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | 12.86× | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | 16.46× | ||
| 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 | $-614.0M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $-649.5M |
| 自由现金流率自由现金流/营收 | 12.6% | -326.6% |
| 资本支出强度资本支出/营收 | 3.2% | 17.9% |
| 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 | $524.1M |
8季度趋势，按日历期对齐
经营现金流APTVHRB
| Q4 25 | $818.0M | $-614.0M | ||
| Q3 25 | $584.0M | $-356.8M | ||
| Q2 25 | $510.0M | $251.6M | ||
| Q1 25 | $273.0M | $1.3B | ||
| Q4 24 | $1.1B | $-567.1M | ||
| Q3 24 | $499.0M | $-328.6M | ||
| Q2 24 | $643.0M | $300.6M | ||
| Q1 24 | $244.0M | $1.4B |
自由现金流APTVHRB
| Q4 25 | $651.0M | $-649.5M | ||
| Q3 25 | $441.0M | $-370.0M | ||
| Q2 25 | $361.0M | $241.3M | ||
| Q1 25 | $76.0M | $1.3B | ||
| Q4 24 | $894.0M | $-597.4M | ||
| Q3 24 | $326.0M | $-347.3M | ||
| Q2 24 | $417.0M | $290.7M | ||
| Q1 24 | $-21.0M | $1.3B |
自由现金流率APTVHRB
| Q4 25 | 12.6% | -326.6% | ||
| Q3 25 | 8.5% | -181.8% | ||
| Q2 25 | 6.9% | 21.7% | ||
| Q1 25 | 1.6% | 57.2% | ||
| Q4 24 | 18.2% | -333.6% | ||
| Q3 24 | 6.7% | -179.2% | ||
| Q2 24 | 8.3% | 27.4% | ||
| Q1 24 | -0.4% | 61.4% |
资本支出强度APTVHRB
| Q4 25 | 3.2% | 17.9% | ||
| Q3 25 | 2.7% | 6.5% | ||
| Q2 25 | 2.9% | 0.9% | ||
| Q1 25 | 4.1% | 1.0% | ||
| Q4 24 | 3.4% | 17.0% | ||
| Q3 24 | 3.6% | 9.7% | ||
| Q2 24 | 4.5% | 0.9% | ||
| Q1 24 | 5.4% | 1.0% |
现金转化率APTVHRB
| Q4 25 | 5.93× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.30× | 0.84× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | 3.96× | — | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.69× | 1.17× | ||
| Q1 24 | 1.12× | 1.97× |
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% |
HRB
| Tax Preparation Fees | $55.9M | 28% |
| Other | $33.3M | 17% |
| Royalty | $31.1M | 16% |
| Wave HQ Inc. | $29.8M | 15% |
| DIY Tax Preparation Fees | $16.8M | 8% |
| Interestand Fee Incomeon Emerald Advance | $13.4M | 7% |
| Feesfrom Emerald Card | $9.1M | 5% |
| Royalties | $5.1M | 3% |
| Tax Identity Shield | $4.2M | 2% |
