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安波福（APTV）与Rocket Companies, Inc.（RKT）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Rocket Companies, Inc.的1.9倍（$5.2B vs $2.7B），安波福净利率更高（2.7% vs 2.5%，领先0.2%），Rocket Companies, Inc.同比增速更快（52.2% vs 5.0%），安波福自由现金流更多（$651.0M vs $-1.3B），过去两年Rocket Companies, Inc.的营收复合增速更高（39.5% 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。
Rocket Companies, Inc.是美国金融科技及住房服务企业，由丹·吉尔伯特创立，总部位于密歇根州底特律市中心。公司依托旗舰子公司Rocket Mortgage跻身美国最大抵押贷款提供商行列，旗下还拥有Redfin、Forsalebyowner.com、Rocket Money等子品牌。
APTV vs RKT — 直观对比
营收规模更大
APTV
是对方的1.9倍
$2.7B
营收增速更快
RKT
高出47.1%
5.0%
净利率更高
APTV
高出0.2%
2.5%
自由现金流更多
APTV
多$1.9B
$-1.3B
两年增速更快
RKT
近两年复合增速
2.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $2.7B |
| 净利润 | $138.0M | $68.0M |
| 毛利率 | 18.7% | — |
| 营业利润率 | 8.2% | 6.3% |
| 净利率 | 2.7% | 2.5% |
| 营收同比 | 5.0% | 52.2% |
| 净利润同比 | -48.5% | 100.8% |
| 每股收益（稀释后） | $0.63 | $0.10 |
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APTVRKT
| Q4 25 | $5.2B | $2.7B | ||
| Q3 25 | $5.2B | $1.6B | ||
| Q2 25 | $5.2B | $1.4B | ||
| Q1 25 | $4.8B | $1.0B | ||
| Q4 24 | $4.9B | $1.8B | ||
| Q3 24 | $4.9B | $646.9M | ||
| Q2 24 | $5.1B | $1.3B | ||
| Q1 24 | $4.9B | $1.4B |
净利润APTVRKT
| Q4 25 | $138.0M | $68.0M | ||
| Q3 25 | $-355.0M | $-123.9M | ||
| Q2 25 | $393.0M | $-1.8M | ||
| Q1 25 | $-11.0M | $-10.4M | ||
| Q4 24 | $268.0M | $33.9M | ||
| Q3 24 | $363.0M | $-22.0M | ||
| Q2 24 | $938.0M | $1.3M | ||
| Q1 24 | $218.0M | $16.2M |
毛利率APTVRKT
| Q4 25 | 18.7% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 19.6% | 58.9% | ||
| Q3 24 | 18.6% | -8.4% | ||
| Q2 24 | 19.2% | 47.4% | ||
| Q1 24 | 17.9% | 51.2% |
营业利润率APTVRKT
| Q4 25 | 8.2% | 6.3% | ||
| Q3 25 | -3.4% | -11.5% | ||
| Q2 25 | 9.3% | 1.8% | ||
| Q1 25 | 9.3% | -21.5% | ||
| Q4 24 | 9.8% | 38.1% | ||
| Q3 24 | 10.4% | -76.9% | ||
| Q2 24 | 8.7% | 14.8% | ||
| Q1 24 | 8.5% | 21.6% |
净利率APTVRKT
| Q4 25 | 2.7% | 2.5% | ||
| Q3 25 | -6.8% | -7.7% | ||
| Q2 25 | 7.5% | -0.1% | ||
| Q1 25 | -0.2% | -1.0% | ||
| Q4 24 | 5.5% | 1.9% | ||
| Q3 24 | 7.5% | -3.4% | ||
| Q2 24 | 18.6% | 0.1% | ||
| Q1 24 | 4.4% | 1.2% |
每股收益（稀释后）APTVRKT
| Q4 25 | $0.63 | $0.10 | ||
| Q3 25 | $-1.63 | $-0.06 | ||
| Q2 25 | $1.80 | $-0.01 | ||
| Q1 25 | $-0.05 | $-0.08 | ||
| Q4 24 | $1.22 | $0.28 | ||
| Q3 24 | $1.48 | $-0.19 | ||
| Q2 24 | $3.47 | $0.01 | ||
| 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 | $2.7B |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $9.2B | $22.9B |
| 总资产 | $23.4B | $60.7B |
| 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APTVRKT
| Q4 25 | $1.9B | $2.7B | ||
| Q3 25 | $1.6B | $5.8B | ||
| Q2 25 | $1.4B | $5.1B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.6B | $1.3B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $2.2B | $1.3B | ||
| Q1 24 | $941.0M | $861.4M |
总债务APTVRKT
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
股东权益APTVRKT
| Q4 25 | $9.2B | $22.9B | ||
| Q3 25 | $9.3B | $8.9B | ||
| Q2 25 | $9.7B | $7.4B | ||
| Q1 25 | $9.0B | $8.6B | ||
| Q4 24 | $8.8B | $9.0B | ||
| Q3 24 | $8.9B | $8.4B | ||
| Q2 24 | $11.5B | $8.8B | ||
| Q1 24 | $11.1B | $8.6B |
总资产APTVRKT
| Q4 25 | $23.4B | $60.7B | ||
| Q3 25 | $23.5B | $33.6B | ||
| Q2 25 | $23.9B | $30.4B | ||
| Q1 25 | $23.1B | $25.3B | ||
| Q4 24 | $23.5B | $24.5B | ||
| Q3 24 | $24.8B | $25.1B | ||
| Q2 24 | $24.8B | $23.6B | ||
| Q1 24 | $23.6B | $22.2B |
负债/权益比APTVRKT
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| 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 | $-1.2B |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $-1.3B |
| 自由现金流率自由现金流/营收 | 12.6% | -47.2% |
| 资本支出强度资本支出/营收 | 3.2% | 1.5% |
| 现金转化率经营现金流/净利润 | 5.93× | -18.08× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $-4.0B |
8季度趋势，按日历期对齐
经营现金流APTVRKT
| Q4 25 | $818.0M | $-1.2B | ||
| Q3 25 | $584.0M | $-50.3M | ||
| Q2 25 | $510.0M | $-1.9B | ||
| Q1 25 | $273.0M | $-797.0M | ||
| Q4 24 | $1.1B | $1.8B | ||
| Q3 24 | $499.0M | $-1.3B | ||
| Q2 24 | $643.0M | $-122.3M | ||
| Q1 24 | $244.0M | $-3.0B |
自由现金流APTVRKT
| Q4 25 | $651.0M | $-1.3B | ||
| Q3 25 | $441.0M | $-71.8M | ||
| Q2 25 | $361.0M | $-1.9B | ||
| Q1 25 | $76.0M | $-811.0M | ||
| Q4 24 | $894.0M | $1.8B | ||
| Q3 24 | $326.0M | $-1.4B | ||
| Q2 24 | $417.0M | $-138.3M | ||
| Q1 24 | $-21.0M | $-3.0B |
自由现金流率APTVRKT
| Q4 25 | 12.6% | -47.2% | ||
| Q3 25 | 8.5% | -4.5% | ||
| Q2 25 | 6.9% | -137.2% | ||
| Q1 25 | 1.6% | -78.2% | ||
| Q4 24 | 18.2% | 103.1% | ||
| Q3 24 | 6.7% | -209.6% | ||
| Q2 24 | 8.3% | -10.6% | ||
| Q1 24 | -0.4% | -218.7% |
资本支出强度APTVRKT
| Q4 25 | 3.2% | 1.5% | ||
| Q3 25 | 2.7% | 1.3% | ||
| Q2 25 | 2.9% | 1.1% | ||
| Q1 25 | 4.1% | 1.4% | ||
| Q4 24 | 3.4% | 1.1% | ||
| Q3 24 | 3.6% | 2.9% | ||
| Q2 24 | 4.5% | 1.2% | ||
| Q1 24 | 5.4% | 1.0% |
现金转化率APTVRKT
| Q4 25 | 5.93× | -18.08× | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.30× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 3.96× | 54.42× | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.69× | -94.46× | ||
| Q1 24 | 1.12× | -185.80× |
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% |
RKT
| Other | $1.4B | 51% |
| Direct To Customer Segment | $945.8M | 35% |
| Partner Network Segment | $216.7M | 8% |
| Subscription Revenue | $91.3M | 3% |
| Closing Fees | $47.1M | 2% |
| Appraisal Revenue | $10.7M | 0% |
