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安波福（APTV）与李尔公司（LEA）财务数据对比。点击上方公司名可切换其他公司
李尔公司的季度营收约是安波福的1.2倍（$6.0B vs $5.2B）。安波福净利率更高（2.7% vs 1.4%，领先1.3%）。安波福同比增速更快（5.0% vs 4.8%）。安波福自由现金流更多（$651.0M vs $281.1M）。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。
李尔公司是美国知名汽车零部件供应商，核心业务涵盖汽车座椅及电气系统的研发、生产与销售。公司曾位列2018年《财富》世界500强第148位，2019年升至第147位，在全球汽车供应链领域拥有突出的市场地位与品牌影响力。
APTV vs LEA — 直观对比
营收规模更大
LEA
是对方的1.2倍
$5.2B
营收增速更快
APTV
高出0.2%
4.8%
净利率更高
APTV
高出1.3%
1.4%
自由现金流更多
APTV
多$369.9M
$281.1M
两年增速更快
APTV
近两年复合增速
-0.1%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $6.0B |
| 净利润 | $138.0M | $82.7M |
| 毛利率 | 18.7% | 5.7% |
| 营业利润率 | 8.2% | 2.6% |
| 净利率 | 2.7% | 1.4% |
| 营收同比 | 5.0% | 4.8% |
| 净利润同比 | -48.5% | -6.1% |
| 每股收益（稀释后） | $0.63 | $1.58 |
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APTVLEA
| Q4 25 | $5.2B | $6.0B | ||
| Q3 25 | $5.2B | $5.7B | ||
| Q2 25 | $5.2B | $6.0B | ||
| Q1 25 | $4.8B | $5.6B | ||
| Q4 24 | $4.9B | $5.7B | ||
| Q3 24 | $4.9B | $5.6B | ||
| Q2 24 | $5.1B | $6.0B | ||
| Q1 24 | $4.9B | $6.0B |
净利润APTVLEA
| Q4 25 | $138.0M | $82.7M | ||
| Q3 25 | $-355.0M | $108.2M | ||
| Q2 25 | $393.0M | $165.2M | ||
| Q1 25 | $-11.0M | $80.7M | ||
| Q4 24 | $268.0M | $88.1M | ||
| Q3 24 | $363.0M | $135.8M | ||
| Q2 24 | $938.0M | $173.1M | ||
| Q1 24 | $218.0M | $109.6M |
毛利率APTVLEA
| Q4 25 | 18.7% | 5.7% | ||
| Q3 25 | 19.5% | 6.4% | ||
| Q2 25 | 19.1% | 7.3% | ||
| Q1 25 | 19.1% | 6.5% | ||
| Q4 24 | 19.6% | 6.8% | ||
| Q3 24 | 18.6% | 7.3% | ||
| Q2 24 | 19.2% | 7.5% | ||
| Q1 24 | 17.9% | 6.6% |
营业利润率APTVLEA
| Q4 25 | 8.2% | 2.6% | ||
| Q3 25 | -3.4% | 3.4% | ||
| Q2 25 | 9.3% | 4.1% | ||
| Q1 25 | 9.3% | 3.3% | ||
| Q4 24 | 9.8% | 3.7% | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | 8.7% | 4.3% | ||
| Q1 24 | 8.5% | 3.3% |
净利率APTVLEA
| Q4 25 | 2.7% | 1.4% | ||
| Q3 25 | -6.8% | 1.9% | ||
| Q2 25 | 7.5% | 2.7% | ||
| Q1 25 | -0.2% | 1.5% | ||
| Q4 24 | 5.5% | 1.5% | ||
| Q3 24 | 7.5% | 2.4% | ||
| Q2 24 | 18.6% | 2.9% | ||
| Q1 24 | 4.4% | 1.8% |
每股收益（稀释后）APTVLEA
| Q4 25 | $0.63 | $1.58 | ||
| Q3 25 | $-1.63 | $2.02 | ||
| Q2 25 | $1.80 | $3.06 | ||
| Q1 25 | $-0.05 | $1.49 | ||
| Q4 24 | $1.22 | $1.64 | ||
| Q3 24 | $1.48 | $2.41 | ||
| Q2 24 | $3.47 | $3.02 | ||
| Q1 24 | $0.79 | $1.90 |
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 | $1.0B |
| 总债务越低越好 | $7.5B | $2.7B |
| 股东权益账面价值 | $9.2B | $5.0B |
| 总资产 | $23.4B | $14.8B |
| 负债/权益比越低杠杆越低 | 0.81× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资APTVLEA
| Q4 25 | $1.9B | $1.0B | ||
| Q3 25 | $1.6B | $1.0B | ||
| Q2 25 | $1.4B | $887.9M | ||
| Q1 25 | $1.1B | $779.9M | ||
| Q4 24 | $1.6B | $1.1B | ||
| Q3 24 | $1.8B | $763.9M | ||
| Q2 24 | $2.2B | $950.3M | ||
| Q1 24 | $941.0M | $930.4M |
总债务APTVLEA
| Q4 25 | $7.5B | $2.7B | ||
| Q3 25 | $7.6B | $2.8B | ||
| Q2 25 | $7.8B | $2.8B | ||
| Q1 25 | $7.6B | $2.7B | ||
| Q4 24 | $7.8B | $2.7B | ||
| Q3 24 | $8.3B | $2.8B | ||
| Q2 24 | $5.5B | $2.7B | ||
| Q1 24 | $4.7B | $2.7B |
股东权益APTVLEA
| Q4 25 | $9.2B | $5.0B | ||
| Q3 25 | $9.3B | $5.1B | ||
| Q2 25 | $9.7B | $5.1B | ||
| Q1 25 | $9.0B | $4.7B | ||
| Q4 24 | $8.8B | $4.5B | ||
| Q3 24 | $8.9B | $4.8B | ||
| Q2 24 | $11.5B | $4.8B | ||
| Q1 24 | $11.1B | $4.9B |
总资产APTVLEA
| Q4 25 | $23.4B | $14.8B | ||
| Q3 25 | $23.5B | $15.2B | ||
| Q2 25 | $23.9B | $15.3B | ||
| Q1 25 | $23.1B | $14.6B | ||
| Q4 24 | $23.5B | $14.0B | ||
| Q3 24 | $24.8B | $14.8B | ||
| Q2 24 | $24.8B | $14.7B | ||
| Q1 24 | $23.6B | $14.9B |
负债/权益比APTVLEA
| Q4 25 | 0.81× | 0.54× | ||
| Q3 25 | 0.82× | 0.54× | ||
| Q2 25 | 0.80× | 0.54× | ||
| Q1 25 | 0.85× | 0.59× | ||
| Q4 24 | 0.89× | 0.61× | ||
| Q3 24 | 0.93× | 0.58× | ||
| Q2 24 | 0.48× | 0.57× | ||
| Q1 24 | 0.42× | 0.56× |
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 | $475.9M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $281.1M |
| 自由现金流率自由现金流/营收 | 12.6% | 4.7% |
| 资本支出强度资本支出/营收 | 3.2% | 3.3% |
| 现金转化率经营现金流/净利润 | 5.93× | 5.75× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $527.2M |
8季度趋势，按日历期对齐
经营现金流APTVLEA
| Q4 25 | $818.0M | $475.9M | ||
| Q3 25 | $584.0M | $444.4M | ||
| Q2 25 | $510.0M | $296.2M | ||
| Q1 25 | $273.0M | $-127.7M | ||
| Q4 24 | $1.1B | $680.8M | ||
| Q3 24 | $499.0M | $182.7M | ||
| Q2 24 | $643.0M | $291.2M | ||
| Q1 24 | $244.0M | $-34.6M |
自由现金流APTVLEA
| Q4 25 | $651.0M | $281.1M | ||
| Q3 25 | $441.0M | $307.0M | ||
| Q2 25 | $361.0M | $170.8M | ||
| Q1 25 | $76.0M | $-231.7M | ||
| Q4 24 | $894.0M | $488.7M | ||
| Q3 24 | $326.0M | $50.5M | ||
| Q2 24 | $417.0M | $170.4M | ||
| Q1 24 | $-21.0M | $-148.2M |
自由现金流率APTVLEA
| Q4 25 | 12.6% | 4.7% | ||
| Q3 25 | 8.5% | 5.4% | ||
| Q2 25 | 6.9% | 2.8% | ||
| Q1 25 | 1.6% | -4.2% | ||
| Q4 24 | 18.2% | 8.6% | ||
| Q3 24 | 6.7% | 0.9% | ||
| Q2 24 | 8.3% | 2.8% | ||
| Q1 24 | -0.4% | -2.5% |
资本支出强度APTVLEA
| Q4 25 | 3.2% | 3.3% | ||
| Q3 25 | 2.7% | 2.4% | ||
| Q2 25 | 2.9% | 2.1% | ||
| Q1 25 | 4.1% | 1.9% | ||
| Q4 24 | 3.4% | 3.4% | ||
| Q3 24 | 3.6% | 2.4% | ||
| Q2 24 | 4.5% | 2.0% | ||
| Q1 24 | 5.4% | 1.9% |
现金转化率APTVLEA
| Q4 25 | 5.93× | 5.75× | ||
| Q3 25 | — | 4.11× | ||
| Q2 25 | 1.30× | 1.79× | ||
| Q1 25 | — | -1.58× | ||
| Q4 24 | 3.96× | 7.73× | ||
| Q3 24 | 1.37× | 1.35× | ||
| Q2 24 | 0.69× | 1.68× | ||
| Q1 24 | 1.12× | -0.32× |
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% |
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
