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安波福（APTV）与RELIANCE, INC.（RS）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RELIANCE, INC.的1.5倍（$5.2B vs $3.5B）。RELIANCE, INC.净利率更高（3.3% vs 2.7%，领先0.7%）。RELIANCE, INC.同比增速更快（11.9% vs 5.0%）。安波福自由现金流更多（$651.0M vs $202.9M）。过去两年安波福的营收复合增速更高（2.5% vs -2.0%）
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。
Reliance, Inc.总部位于美国亚利桑那州斯科茨代尔，是北美规模最大的金属服务中心运营商。公司为12.5万家制造商、加工厂等客户提供金属加工服务，经销铝、黄铜、合金、铜、碳钢、不锈钢、钛等约10万种金属及特种金属产品。
APTV vs RS — 直观对比
营收规模更大
APTV
是对方的1.5倍
$3.5B
营收增速更快
RS
高出6.9%
5.0%
净利率更高
RS
高出0.7%
2.7%
自由现金流更多
APTV
多$448.1M
$202.9M
两年增速更快
APTV
近两年复合增速
-2.0%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $3.5B |
| 净利润 | $138.0M | $116.9M |
| 毛利率 | 18.7% | — |
| 营业利润率 | 8.2% | 4.8% |
| 净利率 | 2.7% | 3.3% |
| 营收同比 | 5.0% | 11.9% |
| 净利润同比 | -48.5% | 10.3% |
| 每股收益（稀释后） | $0.63 | $2.23 |
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APTVRS
| Q4 25 | $5.2B | $3.5B | ||
| Q3 25 | $5.2B | $3.7B | ||
| Q2 25 | $5.2B | $3.7B | ||
| Q1 25 | $4.8B | $3.5B | ||
| Q4 24 | $4.9B | $3.1B | ||
| Q3 24 | $4.9B | $3.4B | ||
| Q2 24 | $5.1B | $3.6B | ||
| Q1 24 | $4.9B | $3.6B |
净利润APTVRS
| Q4 25 | $138.0M | $116.9M | ||
| Q3 25 | $-355.0M | $189.5M | ||
| Q2 25 | $393.0M | $234.2M | ||
| Q1 25 | $-11.0M | $200.5M | ||
| Q4 24 | $268.0M | $106.0M | ||
| Q3 24 | $363.0M | $199.2M | ||
| Q2 24 | $938.0M | $268.3M | ||
| Q1 24 | $218.0M | $303.8M |
毛利率APTVRS
| Q4 25 | 18.7% | — | ||
| Q3 25 | 19.5% | — | ||
| Q2 25 | 19.1% | — | ||
| Q1 25 | 19.1% | — | ||
| Q4 24 | 19.6% | — | ||
| Q3 24 | 18.6% | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 17.9% | — |
营业利润率APTVRS
| Q4 25 | 8.2% | 4.8% | ||
| Q3 25 | -3.4% | 7.1% | ||
| Q2 25 | 9.3% | 8.5% | ||
| Q1 25 | 9.3% | 7.9% | ||
| Q4 24 | 9.8% | 4.5% | ||
| Q3 24 | 10.4% | 8.0% | ||
| Q2 24 | 8.7% | 9.7% | ||
| Q1 24 | 8.5% | 10.8% |
净利率APTVRS
| Q4 25 | 2.7% | 3.3% | ||
| Q3 25 | -6.8% | 5.2% | ||
| Q2 25 | 7.5% | 6.4% | ||
| Q1 25 | -0.2% | 5.8% | ||
| Q4 24 | 5.5% | 3.4% | ||
| Q3 24 | 7.5% | 5.8% | ||
| Q2 24 | 18.6% | 7.4% | ||
| Q1 24 | 4.4% | 8.3% |
每股收益（稀释后）APTVRS
| Q4 25 | $0.63 | $2.23 | ||
| Q3 25 | $-1.63 | $3.59 | ||
| Q2 25 | $1.80 | $4.42 | ||
| Q1 25 | $-0.05 | $3.74 | ||
| Q4 24 | $1.22 | $2.05 | ||
| Q3 24 | $1.48 | $3.61 | ||
| Q2 24 | $3.47 | $4.67 | ||
| Q1 24 | $0.79 | $5.23 |
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 | $216.6M |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $9.2B | $7.2B |
| 总资产 | $23.4B | $10.4B |
| 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APTVRS
| Q4 25 | $1.9B | $216.6M | ||
| Q3 25 | $1.6B | $261.2M | ||
| Q2 25 | $1.4B | $239.5M | ||
| Q1 25 | $1.1B | $277.8M | ||
| Q4 24 | $1.6B | $318.1M | ||
| Q3 24 | $1.8B | $314.6M | ||
| Q2 24 | $2.2B | $350.8M | ||
| Q1 24 | $941.0M | $934.9M |
总债务APTVRS
| 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APTVRS
| Q4 25 | $9.2B | $7.2B | ||
| Q3 25 | $9.3B | $7.3B | ||
| Q2 25 | $9.7B | $7.2B | ||
| Q1 25 | $9.0B | $7.1B | ||
| Q4 24 | $8.8B | $7.2B | ||
| Q3 24 | $8.9B | $7.4B | ||
| Q2 24 | $11.5B | $7.6B | ||
| Q1 24 | $11.1B | $7.9B |
总资产APTVRS
| Q4 25 | $23.4B | $10.4B | ||
| Q3 25 | $23.5B | $10.5B | ||
| Q2 25 | $23.9B | $10.5B | ||
| Q1 25 | $23.1B | $10.4B | ||
| Q4 24 | $23.5B | $10.0B | ||
| Q3 24 | $24.8B | $10.3B | ||
| Q2 24 | $24.8B | $10.4B | ||
| Q1 24 | $23.6B | $10.7B |
负债/权益比APTVRS
| 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 | $276.1M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $202.9M |
| 自由现金流率自由现金流/营收 | 12.6% | 5.8% |
| 资本支出强度资本支出/营收 | 3.2% | 2.1% |
| 现金转化率经营现金流/净利润 | 5.93× | 2.36× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $502.5M |
8季度趋势，按日历期对齐
经营现金流APTVRS
| Q4 25 | $818.0M | $276.1M | ||
| Q3 25 | $584.0M | $261.8M | ||
| Q2 25 | $510.0M | $229.0M | ||
| Q1 25 | $273.0M | $64.5M | ||
| Q4 24 | $1.1B | $473.3M | ||
| Q3 24 | $499.0M | $463.9M | ||
| Q2 24 | $643.0M | $366.3M | ||
| Q1 24 | $244.0M | $126.3M |
自由现金流APTVRS
| Q4 25 | $651.0M | $202.9M | ||
| Q3 25 | $441.0M | $180.6M | ||
| Q2 25 | $361.0M | $141.4M | ||
| Q1 25 | $76.0M | $-22.4M | ||
| Q4 24 | $894.0M | $362.4M | ||
| Q3 24 | $326.0M | $351.1M | ||
| Q2 24 | $417.0M | $268.1M | ||
| Q1 24 | $-21.0M | $17.6M |
自由现金流率APTVRS
| Q4 25 | 12.6% | 5.8% | ||
| Q3 25 | 8.5% | 4.9% | ||
| Q2 25 | 6.9% | 3.9% | ||
| Q1 25 | 1.6% | -0.6% | ||
| Q4 24 | 18.2% | 11.6% | ||
| Q3 24 | 6.7% | 10.3% | ||
| Q2 24 | 8.3% | 7.4% | ||
| Q1 24 | -0.4% | 0.5% |
资本支出强度APTVRS
| Q4 25 | 3.2% | 2.1% | ||
| Q3 25 | 2.7% | 2.2% | ||
| Q2 25 | 2.9% | 2.4% | ||
| Q1 25 | 4.1% | 2.5% | ||
| Q4 24 | 3.4% | 3.5% | ||
| Q3 24 | 3.6% | 3.3% | ||
| Q2 24 | 4.5% | 2.7% | ||
| Q1 24 | 5.4% | 3.0% |
现金转化率APTVRS
| Q4 25 | 5.93× | 2.36× | ||
| Q3 25 | — | 1.38× | ||
| Q2 25 | 1.30× | 0.98× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | 3.96× | 4.47× | ||
| Q3 24 | 1.37× | 2.33× | ||
| Q2 24 | 0.69× | 1.37× | ||
| Q1 24 | 1.12× | 0.42× |
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% |
RS
| Carbon Steel | $1.9B | 55% |
| Aluminum | $624.5M | 18% |
| Stainless Steel | $467.1M | 13% |
| Alloy Steel | $155.5M | 4% |
| Toll Processing | $155.3M | 4% |
| Copper And Brass | $93.5M | 3% |
| Other Products Or Services | $80.4M | 2% |
