vs
AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与布鲁克菲尔德资产管理（BAM）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的季度营收约是布鲁克菲尔德资产管理的1.3倍（$1.4B vs $1.1B），布鲁克菲尔德资产管理净利率更高（56.7% vs -5.4%，领先62.1%）
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。
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
AXL vs BAM — 直观对比
营收规模更大
AXL
是对方的1.3倍
$1.1B
净利率更高
BAM
高出62.1%
-5.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.1B |
| 净利润 | $-75.3M | $615.0M |
| 毛利率 | 10.2% | — |
| 营业利润率 | -2.4% | 84.2% |
| 净利率 | -5.4% | 56.7% |
| 营收同比 | 0.2% | — |
| 净利润同比 | -449.6% | — |
| 每股收益（稀释后） | $-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
营收AXLBAM
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.5B | $974.0M | ||
| Q2 25 | $1.5B | $931.0M | ||
| Q1 25 | $1.4B | $954.0M | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $873.0M | ||
| Q2 24 | $1.6B | $821.0M | ||
| Q1 24 | $1.6B | $786.0M |
净利润AXLBAM
| Q4 25 | $-75.3M | $615.0M | ||
| Q3 25 | $9.2M | $692.0M | ||
| Q2 25 | $39.3M | $584.0M | ||
| Q1 25 | $7.1M | $507.0M | ||
| Q4 24 | $-13.7M | — | ||
| Q3 24 | $10.0M | $537.0M | ||
| Q2 24 | $18.2M | $124.0M | ||
| Q1 24 | $20.5M | $373.0M |
毛利率AXLBAM
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 13.3% | — | ||
| Q1 24 | 12.4% | — |
营业利润率AXLBAM
| Q4 25 | -2.4% | 84.2% | ||
| Q3 25 | 3.2% | 79.1% | ||
| Q2 25 | 3.6% | 70.8% | ||
| Q1 25 | 3.0% | 61.0% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | 72.5% | ||
| Q2 24 | 5.3% | 80.4% | ||
| Q1 24 | 4.8% | 56.5% |
净利率AXLBAM
| Q4 25 | -5.4% | 56.7% | ||
| Q3 25 | 0.6% | 71.0% | ||
| Q2 25 | 2.6% | 62.7% | ||
| Q1 25 | 0.5% | 53.1% | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 0.7% | 61.5% | ||
| Q2 24 | 1.1% | 15.1% | ||
| Q1 24 | 1.3% | 47.5% |
每股收益（稀释后）AXLBAM
| Q4 25 | $-0.62 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.08 | — | ||
| Q2 24 | $0.15 | — | ||
| Q1 24 | $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 | $708.9M | $1.6B |
| 总债务越低越好 | $4.0B | — |
| 股东权益账面价值 | $640.0M | $8.9B |
| 总资产 | $6.7B | $17.0B |
| 负债/权益比越低杠杆越低 | 6.31× | — |
8季度趋势，按日历期对齐
现金及短期投资AXLBAM
| Q4 25 | $708.9M | $1.6B | ||
| Q3 25 | $714.1M | $1.1B | ||
| Q2 25 | $586.5M | $480.0M | ||
| Q1 25 | $549.2M | $332.0M | ||
| Q4 24 | $552.9M | — | ||
| Q3 24 | $542.5M | — | ||
| Q2 24 | $519.9M | $10.0M | ||
| Q1 24 | $469.8M | — |
总债务AXLBAM
| 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 | — |
股东权益AXLBAM
| Q4 25 | $640.0M | $8.9B | ||
| Q3 25 | $718.4M | $8.5B | ||
| Q2 25 | $673.0M | $8.5B | ||
| Q1 25 | $596.3M | $8.5B | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | $9.0B | ||
| Q2 24 | $609.6M | $3.2B | ||
| Q1 24 | $621.4M | $2.2B |
总资产AXLBAM
| Q4 25 | $6.7B | $17.0B | ||
| Q3 25 | $5.3B | $16.5B | ||
| Q2 25 | $5.3B | $16.1B | ||
| Q1 25 | $5.1B | $15.0B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.3B | $4.2B | ||
| Q1 24 | $5.4B | — |
负债/权益比AXLBAM
| 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 | $120.5M | $562.0M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | — |
| 自由现金流率自由现金流/营收 | 4.0% | — |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 现金转化率经营现金流/净利润 | — | 0.91× |
| 过去12个月自由现金流最近4个季度 | $155.1M | — |
8季度趋势，按日历期对齐
经营现金流AXLBAM
| Q4 25 | $120.5M | $562.0M | ||
| Q3 25 | $143.3M | $745.0M | ||
| Q2 25 | $91.9M | $529.0M | ||
| Q1 25 | $55.9M | $265.0M | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $143.6M | $567.0M | ||
| Q2 24 | $142.8M | $159.0M | ||
| Q1 24 | $17.8M | $516.0M |
自由现金流AXLBAM
| Q4 25 | $54.7M | — | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $-13.4M | — | ||
| Q4 24 | $73.2M | — | ||
| Q3 24 | $70.4M | — | ||
| Q2 24 | $94.0M | — | ||
| Q1 24 | $-30.2M | — |
自由现金流率AXLBAM
| Q4 25 | 4.0% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -1.9% | — |
资本支出强度AXLBAM
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 3.0% | — |
现金转化率AXLBAM
| Q4 25 | — | 0.91× | ||
| Q3 25 | 15.58× | 1.08× | ||
| Q2 25 | 2.34× | 0.91× | ||
| Q1 25 | 7.87× | 0.52× | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | 1.06× | ||
| Q2 24 | 7.85× | 1.28× | ||
| Q1 24 | 0.87× | 1.38× |
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
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
