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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与CrossAmerica Partners LP（CAPL）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CrossAmerica Partners LP的1.6倍（$1.4B vs $866.3M），CrossAmerica Partners LP净利率更高（1.2% vs -5.4%，领先6.6%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC同比增速更快（0.2% vs -8.3%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC自由现金流更多（$54.7M vs $22.4M），过去两年CrossAmerica Partners LP的营收复合增速更高（-4.1% 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。
塔峰资本合伙人（TowerBrook Capital Partners）是一家总部位于伦敦和纽约的投资管理公司，2005年从索罗斯基金管理分拆独立。该机构主打私募股权及结构性机会投资，曾收购奢侈品品牌Jimmy Choo控股权，截至2025年其管理规模超250亿美元，官网公示在管投资项目共110个。
AXL vs CAPL — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $866.3M |
| 净利润 | $-75.3M | $10.2M |
| 毛利率 | 10.2% | 12.4% |
| 营业利润率 | -2.4% | 3.0% |
| 净利率 | -5.4% | 1.2% |
| 营收同比 | 0.2% | -8.3% |
| 净利润同比 | -449.6% | -39.6% |
| 每股收益（稀释后） | $-0.62 | $0.24 |
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 | $866.3M | ||
| Q3 25 | $1.5B | $971.8M | ||
| Q2 25 | $1.5B | $961.9M | ||
| Q1 25 | $1.4B | $862.5M | ||
| Q4 24 | $1.4B | $944.2M | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.6B | $941.5M |
| Q4 25 | $-75.3M | $10.2M | ||
| Q3 25 | $9.2M | $13.6M | ||
| Q2 25 | $39.3M | $25.2M | ||
| Q1 25 | $7.1M | $-7.1M | ||
| Q4 24 | $-13.7M | $16.9M | ||
| Q3 24 | $10.0M | $10.7M | ||
| Q2 24 | $18.2M | $12.4M | ||
| Q1 24 | $20.5M | $-17.5M |
| Q4 25 | 10.2% | 12.4% | ||
| Q3 25 | 12.6% | 10.8% | ||
| Q2 25 | 13.1% | 10.5% | ||
| Q1 25 | 12.3% | 10.4% | ||
| Q4 24 | 11.2% | 10.7% | ||
| Q3 24 | 11.4% | 10.3% | ||
| Q2 24 | 13.3% | 9.2% | ||
| Q1 24 | 12.4% | 8.6% |
| Q4 25 | -2.4% | 3.0% | ||
| Q3 25 | 3.2% | 2.9% | ||
| Q2 25 | 3.6% | 4.3% | ||
| Q1 25 | 3.0% | 0.2% | ||
| Q4 24 | 2.6% | 3.0% | ||
| Q3 24 | 2.8% | 2.5% | ||
| Q2 24 | 5.3% | 2.5% | ||
| Q1 24 | 4.8% | -1.4% |
| Q4 25 | -5.4% | 1.2% | ||
| Q3 25 | 0.6% | 1.4% | ||
| Q2 25 | 2.6% | 2.6% | ||
| Q1 25 | 0.5% | -0.8% | ||
| Q4 24 | -1.0% | 1.8% | ||
| Q3 24 | 0.7% | 1.0% | ||
| Q2 24 | 1.1% | 1.1% | ||
| Q1 24 | 1.3% | -1.9% |
| Q4 25 | $-0.62 | $0.24 | ||
| Q3 25 | $0.07 | $0.34 | ||
| Q2 25 | $0.32 | $0.64 | ||
| Q1 25 | $0.06 | $-0.20 | ||
| Q4 24 | $-0.11 | $0.42 | ||
| Q3 24 | $0.08 | $0.27 | ||
| Q2 24 | $0.15 | $0.31 | ||
| Q1 24 | $0.17 | $-0.48 |
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 | $3.1M |
| 总债务越低越好 | $4.0B | $687.2M |
| 股东权益账面价值 | $640.0M | — |
| 总资产 | $6.7B | $964.7M |
| 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 | $3.1M | ||
| Q3 25 | $714.1M | $5.8M | ||
| Q2 25 | $586.5M | $9.7M | ||
| Q1 25 | $549.2M | $6.7M | ||
| Q4 24 | $552.9M | $3.4M | ||
| Q3 24 | $542.5M | $7.8M | ||
| Q2 24 | $519.9M | $5.5M | ||
| Q1 24 | $469.8M | $6.3M |
| Q4 25 | $4.0B | $687.2M | ||
| Q3 25 | $2.6B | $700.8M | ||
| Q2 25 | $2.6B | $722.7M | ||
| Q1 25 | $2.6B | $774.1M | ||
| Q4 24 | $2.6B | $763.9M | ||
| Q3 24 | $2.6B | $769.2M | ||
| Q2 24 | $2.7B | $786.7M | ||
| Q1 24 | $2.7B | $795.8M |
| Q4 25 | $640.0M | — | ||
| Q3 25 | $718.4M | — | ||
| Q2 25 | $673.0M | — | ||
| Q1 25 | $596.3M | — | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | — | ||
| Q2 24 | $609.6M | — | ||
| Q1 24 | $621.4M | — |
| Q4 25 | $6.7B | $964.7M | ||
| Q3 25 | $5.3B | $998.9M | ||
| Q2 25 | $5.3B | $1.0B | ||
| Q1 25 | $5.1B | $1.1B | ||
| Q4 24 | $5.1B | $1.1B | ||
| Q3 24 | $5.3B | $1.1B | ||
| Q2 24 | $5.3B | $1.2B | ||
| Q1 24 | $5.4B | $1.2B |
| 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 | $29.4M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $22.4M |
| 自由现金流率自由现金流/营收 | 4.0% | 2.6% |
| 资本支出强度资本支出/营收 | 4.8% | 0.8% |
| 现金转化率经营现金流/净利润 | — | 2.89× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $55.8M |
8季度趋势，按日历期对齐
| Q4 25 | $120.5M | $29.4M | ||
| Q3 25 | $143.3M | $24.4M | ||
| Q2 25 | $91.9M | $22.6M | ||
| Q1 25 | $55.9M | $15.0M | ||
| Q4 24 | $151.2M | $11.1M | ||
| Q3 24 | $143.6M | $41.9M | ||
| Q2 24 | $142.8M | $28.9M | ||
| Q1 24 | $17.8M | $5.8M |
| Q4 25 | $54.7M | $22.4M | ||
| Q3 25 | $79.2M | $17.7M | ||
| Q2 25 | $34.6M | $10.8M | ||
| Q1 25 | $-13.4M | $4.9M | ||
| Q4 24 | $73.2M | $3.9M | ||
| Q3 24 | $70.4M | $34.2M | ||
| Q2 24 | $94.0M | $23.6M | ||
| Q1 24 | $-30.2M | $-289.0K |
| Q4 25 | 4.0% | 2.6% | ||
| Q3 25 | 5.3% | 1.8% | ||
| Q2 25 | 2.3% | 1.1% | ||
| Q1 25 | -0.9% | 0.6% | ||
| Q4 24 | 5.3% | 0.4% | ||
| Q3 24 | 4.7% | 3.2% | ||
| Q2 24 | 5.8% | 2.1% | ||
| Q1 24 | -1.9% | -0.0% |
| Q4 25 | 4.8% | 0.8% | ||
| Q3 25 | 4.3% | 0.7% | ||
| Q2 25 | 3.7% | 1.2% | ||
| Q1 25 | 4.9% | 1.2% | ||
| Q4 24 | 5.6% | 0.8% | ||
| Q3 24 | 4.9% | 0.7% | ||
| Q2 24 | 3.0% | 0.5% | ||
| Q1 24 | 3.0% | 0.6% |
| Q4 25 | — | 2.89× | ||
| Q3 25 | 15.58× | 1.79× | ||
| Q2 25 | 2.34× | 0.90× | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | 0.66× | ||
| Q3 24 | 14.36× | 3.92× | ||
| Q2 24 | 7.85× | 2.33× | ||
| Q1 24 | 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
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |
