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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与CAL-MAINE FOODS INC（CALM）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CAL-MAINE FOODS INC的1.8倍（$1.4B vs $769.5M），CAL-MAINE FOODS INC净利率更高（13.4% vs -5.4%，领先18.8%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC同比增速更快（0.2% vs -19.4%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC自由现金流更多（$54.7M vs $47.9M），过去两年CAL-MAINE FOODS INC的营收复合增速更高（29.4% vs -7.2%）
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。
卡尔梅恩食品公司是总部位于美国密西西比州里奇兰的鲜蛋生产商，截至2024年是美国规模最大的蛋品企业。公司旗下拥有Egg-Land's Best、Land O'Lakes等多个知名蛋品品牌，1957年由弗雷德·R·亚当斯二世创立，亚当斯家族持有企业控股权，目前在纳斯达克挂牌上市。
AXL vs CALM — 直观对比
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $769.5M |
| 净利润 | $-75.3M | $102.8M |
| 毛利率 | 10.2% | 27.0% |
| 营业利润率 | -2.4% | 16.1% |
| 净利率 | -5.4% | 13.4% |
| 营收同比 | 0.2% | -19.4% |
| 净利润同比 | -449.6% | -53.1% |
| 每股收益（稀释后） | $-0.62 | $2.13 |
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 | $769.5M | ||
| Q3 25 | $1.5B | $922.6M | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $954.7M | ||
| Q3 24 | $1.5B | $785.9M | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | $703.1M |
| Q4 25 | $-75.3M | $102.8M | ||
| Q3 25 | $9.2M | $199.3M | ||
| Q2 25 | $39.3M | — | ||
| Q1 25 | $7.1M | $508.5M | ||
| Q4 24 | $-13.7M | $219.1M | ||
| Q3 24 | $10.0M | $150.0M | ||
| Q2 24 | $18.2M | — | ||
| Q1 24 | $20.5M | $146.7M |
| Q4 25 | 10.2% | 27.0% | ||
| Q3 25 | 12.6% | 33.7% | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 12.3% | 50.5% | ||
| Q4 24 | 11.2% | 37.3% | ||
| Q3 24 | 11.4% | 31.5% | ||
| Q2 24 | 13.3% | — | ||
| Q1 24 | 12.4% | 31.1% |
| Q4 25 | -2.4% | 16.1% | ||
| Q3 25 | 3.2% | 27.0% | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 3.0% | 44.8% | ||
| Q4 24 | 2.6% | 29.1% | ||
| Q3 24 | 2.8% | 23.8% | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 4.8% | 23.2% |
| Q4 25 | -5.4% | 13.4% | ||
| Q3 25 | 0.6% | 21.6% | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 0.5% | 35.9% | ||
| Q4 24 | -1.0% | 22.9% | ||
| Q3 24 | 0.7% | 19.1% | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 1.3% | 20.9% |
| Q4 25 | $-0.62 | $2.13 | ||
| Q3 25 | $0.07 | $4.12 | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.06 | $10.38 | ||
| Q4 24 | $-0.11 | $4.47 | ||
| Q3 24 | $0.08 | $3.06 | ||
| Q2 24 | $0.15 | — | ||
| Q1 24 | $0.17 | $3.00 |
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 | $369.4M |
| 总债务越低越好 | $4.0B | — |
| 股东权益账面价值 | $640.0M | $2.7B |
| 总资产 | $6.7B | $3.1B |
| 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 | $708.9M | $369.4M | ||
| Q3 25 | $714.1M | $251.9M | ||
| Q2 25 | $586.5M | — | ||
| Q1 25 | $549.2M | $497.2M | ||
| Q4 24 | $552.9M | $140.3M | ||
| Q3 24 | $542.5M | $181.7M | ||
| Q2 24 | $519.9M | — | ||
| Q1 24 | $469.8M | $367.1M |
| 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 | $640.0M | $2.7B | ||
| Q3 25 | $718.4M | $2.7B | ||
| Q2 25 | $673.0M | — | ||
| Q1 25 | $596.3M | $2.4B | ||
| Q4 24 | $562.8M | $2.0B | ||
| Q3 24 | $616.3M | $1.9B | ||
| Q2 24 | $609.6M | — | ||
| Q1 24 | $621.4M | $1.7B |
| Q4 25 | $6.7B | $3.1B | ||
| Q3 25 | $5.3B | $3.2B | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.1B | $3.1B | ||
| Q4 24 | $5.1B | $2.5B | ||
| Q3 24 | $5.3B | $2.4B | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.4B | $2.1B |
| 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 | $94.8M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $47.9M |
| 自由现金流率自由现金流/营收 | 4.0% | 6.2% |
| 资本支出强度资本支出/营收 | 4.8% | 6.1% |
| 现金转化率经营现金流/净利润 | — | 0.92× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $895.9M |
8季度趋势，按日历期对齐
| Q4 25 | $120.5M | $94.8M | ||
| Q3 25 | $143.3M | $278.6M | ||
| Q2 25 | $91.9M | — | ||
| Q1 25 | $55.9M | $571.6M | ||
| Q4 24 | $151.2M | $122.7M | ||
| Q3 24 | $143.6M | $117.5M | ||
| Q2 24 | $142.8M | — | ||
| Q1 24 | $17.8M | $164.0M |
| Q4 25 | $54.7M | $47.9M | ||
| Q3 25 | $79.2M | $233.3M | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $-13.4M | $521.8M | ||
| Q4 24 | $73.2M | $92.9M | ||
| Q3 24 | $70.4M | $81.7M | ||
| Q2 24 | $94.0M | — | ||
| Q1 24 | $-30.2M | $133.8M |
| Q4 25 | 4.0% | 6.2% | ||
| Q3 25 | 5.3% | 25.3% | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.9% | 36.8% | ||
| Q4 24 | 5.3% | 9.7% | ||
| Q3 24 | 4.7% | 10.4% | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -1.9% | 19.0% |
| Q4 25 | 4.8% | 6.1% | ||
| Q3 25 | 4.3% | 4.9% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.9% | 3.5% | ||
| Q4 24 | 5.6% | 3.1% | ||
| Q3 24 | 4.9% | 4.6% | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 3.0% | 4.3% |
| Q4 25 | — | 0.92× | ||
| Q3 25 | 15.58× | 1.40× | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 7.87× | 1.12× | ||
| Q4 24 | — | 0.56× | ||
| Q3 24 | 14.36× | 0.78× | ||
| Q2 24 | 7.85× | — | ||
| Q1 24 | 0.87× | 1.12× |
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% |
CALM
| Retail | $625.4M | 81% |
| Prepared Foods | $71.7M | 9% |
| Egg Products | $34.5M | 4% |
| Service Other | $19.2M | 2% |
| Other | $13.8M | 2% |
