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Academy Sports & Outdoors, Inc.（ASO）与AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）财务数据对比。点击上方公司名可切换其他公司
AMERICAN AXLE & MANUFACTURING HOLDINGS INC的季度营收约是Academy Sports & Outdoors, Inc.的1.0倍（$1.4B vs $1.4B），Academy Sports & Outdoors, Inc.净利率更高（5.2% vs -5.4%，领先10.6%），Academy Sports & Outdoors, Inc.同比增速更快（3.0% vs 0.2%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC自由现金流更多（$54.7M vs $-13.6M），过去两年AMERICAN AXLE & MANUFACTURING HOLDINGS INC的营收复合增速更高（-7.2% vs -12.2%）
Academy Sports & Outdoors是美国知名的运动户外用品连锁零售商，总部位于得克萨斯州哈里斯县，临近休斯顿。品牌曾由戈奇曼家族私有运营74年，2011年被私募机构KKR收购，2020年10月于纳斯达克挂牌上市，旗下门店主营各类运动装备、户外休闲用品等品类。
美国车桥制造控股有限公司总部位于密歇根州底特律，是一家美国汽车传动轴与动力传动系统零部件及系统制造商，在汽车传动领域拥有成熟的技术与产能，为全球多家车企供应相关核心配件。
ASO vs AXL — 直观对比
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.4B |
| 净利润 | $71.6M | $-75.3M |
| 毛利率 | 35.7% | 10.2% |
| 营业利润率 | 7.3% | -2.4% |
| 净利率 | 5.2% | -5.4% |
| 营收同比 | 3.0% | 0.2% |
| 净利润同比 | 8.8% | -449.6% |
| 每股收益（稀释后） | $1.05 | $-0.62 |
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
| Q4 25 | $1.4B | $1.4B | ||
| Q3 25 | $1.6B | $1.5B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $1.3B | $1.4B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.4B | $1.6B | ||
| Q1 24 | $1.8B | $1.6B |
| Q4 25 | $71.6M | $-75.3M | ||
| Q3 25 | $125.4M | $9.2M | ||
| Q2 25 | $46.1M | $39.3M | ||
| Q1 25 | $133.6M | $7.1M | ||
| Q4 24 | $65.8M | $-13.7M | ||
| Q3 24 | $142.6M | $10.0M | ||
| Q2 24 | $76.5M | $18.2M | ||
| Q1 24 | $168.2M | $20.5M |
| Q4 25 | 35.7% | 10.2% | ||
| Q3 25 | 36.0% | 12.6% | ||
| Q2 25 | 34.0% | 13.1% | ||
| Q1 25 | 32.2% | 12.3% | ||
| Q4 24 | 34.0% | 11.2% | ||
| Q3 24 | 36.1% | 11.4% | ||
| Q2 24 | 33.4% | 13.3% | ||
| Q1 24 | 33.3% | 12.4% |
| Q4 25 | 7.3% | -2.4% | ||
| Q3 25 | 10.8% | 3.2% | ||
| Q2 25 | 5.1% | 3.6% | ||
| Q1 25 | 9.2% | 3.0% | ||
| Q4 24 | 6.8% | 2.6% | ||
| Q3 24 | 12.3% | 2.8% | ||
| Q2 24 | 7.5% | 5.3% | ||
| Q1 24 | 11.4% | 4.8% |
| Q4 25 | 5.2% | -5.4% | ||
| Q3 25 | 7.8% | 0.6% | ||
| Q2 25 | 3.4% | 2.6% | ||
| Q1 25 | 8.0% | 0.5% | ||
| Q4 24 | 4.9% | -1.0% | ||
| Q3 24 | 9.2% | 0.7% | ||
| Q2 24 | 5.6% | 1.1% | ||
| Q1 24 | 9.4% | 1.3% |
| Q4 25 | $1.05 | $-0.62 | ||
| Q3 25 | $1.85 | $0.07 | ||
| Q2 25 | $0.68 | $0.32 | ||
| Q1 25 | $1.85 | $0.06 | ||
| Q4 24 | $0.92 | $-0.11 | ||
| Q3 24 | $1.95 | $0.08 | ||
| Q2 24 | $1.01 | $0.15 | ||
| Q1 24 | $2.19 | $0.17 |
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 | $289.5M | $708.9M |
| 总债务越低越好 | — | $4.0B |
| 股东权益账面价值 | $2.1B | $640.0M |
| 总资产 | $5.4B | $6.7B |
| 负债/权益比越低杠杆越低 | — | 6.31× |
8季度趋势，按日历期对齐
| Q4 25 | $289.5M | $708.9M | ||
| Q3 25 | $300.9M | $714.1M | ||
| Q2 25 | $285.1M | $586.5M | ||
| Q1 25 | $288.9M | $549.2M | ||
| Q4 24 | $296.0M | $552.9M | ||
| Q3 24 | $324.6M | $542.5M | ||
| Q2 24 | $378.1M | $519.9M | ||
| Q1 24 | $347.9M | $469.8M |
| Q4 25 | — | $4.0B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.6B | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $2.6B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.7B |
| Q4 25 | $2.1B | $640.0M | ||
| Q3 25 | $2.1B | $718.4M | ||
| Q2 25 | $1.9B | $673.0M | ||
| Q1 25 | $2.0B | $596.3M | ||
| Q4 24 | $2.0B | $562.8M | ||
| Q3 24 | $2.0B | $616.3M | ||
| Q2 24 | $1.9B | $609.6M | ||
| Q1 24 | $2.0B | $621.4M |
| Q4 25 | $5.4B | $6.7B | ||
| Q3 25 | $5.3B | $5.3B | ||
| Q2 25 | $5.2B | $5.3B | ||
| Q1 25 | $4.9B | $5.1B | ||
| Q4 24 | $5.1B | $5.1B | ||
| Q3 24 | $4.9B | $5.3B | ||
| Q2 24 | $4.9B | $5.3B | ||
| Q1 24 | $4.7B | $5.4B |
| Q4 25 | — | 6.31× | ||
| Q3 25 | — | 3.61× | ||
| Q2 25 | — | 3.86× | ||
| Q1 25 | — | 4.38× | ||
| Q4 24 | — | 4.58× | ||
| Q3 24 | — | 4.28× | ||
| Q2 24 | — | 4.42× | ||
| Q1 24 | — | 4.40× |
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 | $49.0M | $120.5M |
| 自由现金流经营现金流 - 资本支出 | $-13.6M | $54.7M |
| 自由现金流率自由现金流/营收 | -1.0% | 4.0% |
| 资本支出强度资本支出/营收 | 4.5% | 4.8% |
| 现金转化率经营现金流/净利润 | 0.68× | — |
| 过去12个月自由现金流最近4个季度 | $191.4M | $155.1M |
8季度趋势，按日历期对齐
| Q4 25 | $49.0M | $120.5M | ||
| Q3 25 | $78.6M | $143.3M | ||
| Q2 25 | $157.5M | $91.9M | ||
| Q1 25 | $140.2M | $55.9M | ||
| Q4 24 | $96.9M | $151.2M | ||
| Q3 24 | $91.3M | $143.6M | ||
| Q2 24 | $199.7M | $142.8M | ||
| Q1 24 | $234.7M | $17.8M |
| Q4 25 | $-13.6M | $54.7M | ||
| Q3 25 | $21.8M | $79.2M | ||
| Q2 25 | $106.6M | $34.6M | ||
| Q1 25 | $76.4M | $-13.4M | ||
| Q4 24 | $34.4M | $73.2M | ||
| Q3 24 | $50.1M | $70.4M | ||
| Q2 24 | $167.4M | $94.0M | ||
| Q1 24 | $178.9M | $-30.2M |
| Q4 25 | -1.0% | 4.0% | ||
| Q3 25 | 1.4% | 5.3% | ||
| Q2 25 | 7.9% | 2.3% | ||
| Q1 25 | 4.6% | -0.9% | ||
| Q4 24 | 2.6% | 5.3% | ||
| Q3 24 | 3.2% | 4.7% | ||
| Q2 24 | 12.3% | 5.8% | ||
| Q1 24 | 10.0% | -1.9% |
| Q4 25 | 4.5% | 4.8% | ||
| Q3 25 | 3.5% | 4.3% | ||
| Q2 25 | 3.8% | 3.7% | ||
| Q1 25 | 3.8% | 4.9% | ||
| Q4 24 | 4.6% | 5.6% | ||
| Q3 24 | 2.7% | 4.9% | ||
| Q2 24 | 2.4% | 3.0% | ||
| Q1 24 | 3.1% | 3.0% |
| Q4 25 | 0.68× | — | ||
| Q3 25 | 0.63× | 15.58× | ||
| Q2 25 | 3.42× | 2.34× | ||
| Q1 25 | 1.05× | 7.87× | ||
| Q4 24 | 1.47× | — | ||
| Q3 24 | 0.64× | 14.36× | ||
| Q2 24 | 2.61× | 7.85× | ||
| Q1 24 | 1.40× | 0.87× |
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
ASO
| Outdoors | $445.1M | 32% |
| Apparel | $349.8M | 25% |
| Footwear | $292.4M | 21% |
| Sports And Recreation | $288.7M | 21% |
| Other | $7.6M | 1% |
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
