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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与布鲁姆能源（CLNE）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姆能源的11.8倍（$1.4B vs $117.6M），AMERICAN AXLE & MANUFACTURING HOLDINGS INC净利率更高（-5.4% vs -10.6%，领先5.1%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC同比增速更快（0.2% vs 0.0%），过去两年布鲁姆能源的营收复合增速更高（9.5% 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。
布鲁姆能源是一家美国上市企业，设计并制造固体氧化物燃料电池，该产品可在数据中心、制造业及其他商业领域的场所内独立发电。公司成立于2001年，总部位于加利福尼亚州圣何塞，其技术依靠化学转化过程发电，无需依赖传统燃烧，可使用天然气、沼气或氢气作为燃料。
AXL vs CLNE — 直观对比
营收规模更大
AXL
是对方的11.8倍
$117.6M
营收增速更快
AXL
高出0.2%
0.0%
净利率更高
AXL
高出5.1%
-10.6%
两年增速更快
CLNE
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $117.6M |
| 净利润 | $-75.3M | $-12.4M |
| 毛利率 | 10.2% | — |
| 营业利润率 | -2.4% | -2.5% |
| 净利率 | -5.4% | -10.6% |
| 营收同比 | 0.2% | 0.0% |
| 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AXLCLNE
| Q1 26 | — | $117.6M | ||
| Q4 25 | $1.4B | $112.3M | ||
| Q3 25 | $1.5B | $106.1M | ||
| Q2 25 | $1.5B | $102.6M | ||
| Q1 25 | $1.4B | $103.8M | ||
| Q4 24 | $1.4B | $109.3M | ||
| Q3 24 | $1.5B | $104.9M | ||
| Q2 24 | $1.6B | $98.0M |
净利润AXLCLNE
| Q1 26 | — | $-12.4M | ||
| Q4 25 | $-75.3M | $-43.0M | ||
| Q3 25 | $9.2M | $-23.8M | ||
| Q2 25 | $39.3M | $-20.2M | ||
| Q1 25 | $7.1M | $-135.0M | ||
| Q4 24 | $-13.7M | $-30.2M | ||
| Q3 24 | $10.0M | $-18.2M | ||
| Q2 24 | $18.2M | $-16.3M |
毛利率AXLCLNE
| Q1 26 | — | — | ||
| 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% | — |
营业利润率AXLCLNE
| Q1 26 | — | -2.5% | ||
| Q4 25 | -2.4% | -9.5% | ||
| Q3 25 | 3.2% | -12.8% | ||
| Q2 25 | 3.6% | -9.0% | ||
| Q1 25 | 3.0% | -121.7% | ||
| Q4 24 | 2.6% | -11.8% | ||
| Q3 24 | 2.8% | -8.1% | ||
| Q2 24 | 5.3% | -5.7% |
净利率AXLCLNE
| Q1 26 | — | -10.6% | ||
| Q4 25 | -5.4% | -38.3% | ||
| Q3 25 | 0.6% | -22.4% | ||
| Q2 25 | 2.6% | -19.7% | ||
| Q1 25 | 0.5% | -130.1% | ||
| Q4 24 | -1.0% | -27.6% | ||
| Q3 24 | 0.7% | -17.3% | ||
| Q2 24 | 1.1% | -16.6% |
每股收益（稀释后）AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | $-0.62 | $-0.21 | ||
| Q3 25 | $0.07 | $-0.11 | ||
| Q2 25 | $0.32 | $-0.09 | ||
| Q1 25 | $0.06 | $-0.60 | ||
| Q4 24 | $-0.11 | $-0.14 | ||
| Q3 24 | $0.08 | $-0.08 | ||
| Q2 24 | $0.15 | $-0.07 |
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 | $70.8M |
| 总债务越低越好 | $4.0B | $54.0K |
| 股东权益账面价值 | $640.0M | $563.7M |
| 总资产 | $6.7B | $1.0B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资AXLCLNE
| Q1 26 | — | $70.8M | ||
| Q4 25 | $708.9M | $156.1M | ||
| Q3 25 | $714.1M | $232.2M | ||
| Q2 25 | $586.5M | $240.8M | ||
| Q1 25 | $549.2M | $226.6M | ||
| Q4 24 | $552.9M | $217.5M | ||
| Q3 24 | $542.5M | $243.5M | ||
| Q2 24 | $519.9M | $249.3M |
总债务AXLCLNE
| Q1 26 | — | $54.0K | ||
| Q4 25 | $4.0B | $226.8M | ||
| Q3 25 | $2.6B | $284.3M | ||
| Q2 25 | $2.6B | $277.9M | ||
| Q1 25 | $2.6B | $271.6M | ||
| Q4 24 | $2.6B | $265.4M | ||
| Q3 24 | $2.6B | $264.1M | ||
| Q2 24 | $2.7B | $263.0M |
股东权益AXLCLNE
| Q1 26 | — | $563.7M | ||
| Q4 25 | $640.0M | $559.4M | ||
| Q3 25 | $718.4M | $585.2M | ||
| Q2 25 | $673.0M | $590.8M | ||
| Q1 25 | $596.3M | $596.7M | ||
| Q4 24 | $562.8M | $713.3M | ||
| Q3 24 | $616.3M | $724.8M | ||
| Q2 24 | $609.6M | $723.0M |
总资产AXLCLNE
| Q1 26 | — | $1.0B | ||
| Q4 25 | $6.7B | $1.1B | ||
| Q3 25 | $5.3B | $1.1B | ||
| Q2 25 | $5.3B | $1.1B | ||
| Q1 25 | $5.1B | $1.1B | ||
| Q4 24 | $5.1B | $1.2B | ||
| Q3 24 | $5.3B | $1.2B | ||
| Q2 24 | $5.3B | $1.2B |
负债/权益比AXLCLNE
| Q1 26 | — | 0.00× | ||
| Q4 25 | 6.31× | 0.41× | ||
| Q3 25 | 3.61× | 0.49× | ||
| Q2 25 | 3.86× | 0.47× | ||
| Q1 25 | 4.38× | 0.46× | ||
| Q4 24 | 4.58× | 0.37× | ||
| Q3 24 | 4.28× | 0.36× | ||
| Q2 24 | 4.42× | 0.36× |
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 | — |
| 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 | — | — |
| 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AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | $120.5M | $13.1M | ||
| Q3 25 | $143.3M | $13.1M | ||
| Q2 25 | $91.9M | $35.9M | ||
| Q1 25 | $55.9M | $23.4M | ||
| Q4 24 | $151.2M | $21.9M | ||
| Q3 24 | $143.6M | $21.4M | ||
| Q2 24 | $142.8M | $18.8M |
自由现金流AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | $54.7M | $6.5M | ||
| Q3 25 | $79.2M | $6.5M | ||
| Q2 25 | $34.6M | $30.9M | ||
| Q1 25 | $-13.4M | $15.9M | ||
| Q4 24 | $73.2M | $10.3M | ||
| Q3 24 | $70.4M | $42.0K | ||
| Q2 24 | $94.0M | $4.8M |
自由现金流率AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 5.8% | ||
| Q3 25 | 5.3% | 6.1% | ||
| Q2 25 | 2.3% | 30.2% | ||
| Q1 25 | -0.9% | 15.4% | ||
| Q4 24 | 5.3% | 9.5% | ||
| Q3 24 | 4.7% | 0.0% | ||
| Q2 24 | 5.8% | 4.9% |
资本支出强度AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 5.9% | ||
| Q3 25 | 4.3% | 6.2% | ||
| Q2 25 | 3.7% | 4.8% | ||
| Q1 25 | 4.9% | 7.2% | ||
| Q4 24 | 5.6% | 10.5% | ||
| Q3 24 | 4.9% | 20.3% | ||
| Q2 24 | 3.0% | 14.2% |
现金转化率AXLCLNE
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 15.58× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | — | ||
| Q2 24 | 7.85× | — |
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% |
CLNE
| Product revenue | $102.9M | 88% |
| Service revenue | $14.7M | 12% |
