vs
AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与杜邦（DD）财务数据对比。点击上方公司名可切换其他公司
杜邦的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.2倍（$1.7B vs $1.4B），杜邦净利率更高（9.8% vs -5.4%，领先15.2%），杜邦同比增速更快（4.0% vs 0.2%），过去两年AMERICAN AXLE & MANUFACTURING HOLDINGS INC的营收复合增速更高（-7.2% vs -27.2%）
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。
杜邦（DuPont de Nemours, Inc.）是1802年由法裔美国化学家、实业家埃莱乌泰尔·伊雷内·杜邦创立的美国跨国化工企业，最初以火药供应为核心业务起家，在发展过程中对美国特拉华州的建设推进起到了重要作用，业务布局覆盖全球多个地区。
AXL vs DD — 直观对比
营收规模更大
DD
是对方的1.2倍
$1.4B
营收增速更快
DD
高出3.8%
0.2%
净利率更高
DD
高出15.2%
-5.4%
两年增速更快
AXL
近两年复合增速
-27.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.7B |
| 净利润 | $-75.3M | $164.0M |
| 毛利率 | 10.2% | 35.8% |
| 营业利润率 | -2.4% | — |
| 净利率 | -5.4% | 9.8% |
| 营收同比 | 0.2% | 4.0% |
| 净利润同比 | -449.6% | — |
| 每股收益（稀释后） | $-0.62 | $0.36 |
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AXLDD
| Q1 26 | — | $1.7B | ||
| Q4 25 | $1.4B | $-2.5B | ||
| Q3 25 | $1.5B | $3.1B | ||
| Q2 25 | $1.5B | $3.3B | ||
| Q1 25 | $1.4B | $3.1B | ||
| Q4 24 | $1.4B | $3.1B | ||
| Q3 24 | $1.5B | $3.2B | ||
| Q2 24 | $1.6B | $3.2B |
净利润AXLDD
| Q1 26 | — | $164.0M | ||
| Q4 25 | $-75.3M | $-126.0M | ||
| Q3 25 | $9.2M | $-123.0M | ||
| Q2 25 | $39.3M | $59.0M | ||
| Q1 25 | $7.1M | $-589.0M | ||
| Q4 24 | $-13.7M | $-118.0M | ||
| Q3 24 | $10.0M | $454.0M | ||
| Q2 24 | $18.2M | $178.0M |
毛利率AXLDD
| Q1 26 | — | 35.8% | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.6% | 38.9% | ||
| Q2 25 | 13.1% | 37.3% | ||
| Q1 25 | 12.3% | 37.4% | ||
| Q4 24 | 11.2% | 36.4% | ||
| Q3 24 | 11.4% | 37.4% | ||
| Q2 24 | 13.3% | 37.1% |
营业利润率AXLDD
| Q1 26 | — | — | ||
| Q4 25 | -2.4% | — | ||
| Q3 25 | 3.2% | 10.6% | ||
| Q2 25 | 3.6% | 9.4% | ||
| Q1 25 | 3.0% | -14.0% | ||
| Q4 24 | 2.6% | 1.4% | ||
| Q3 24 | 2.8% | 18.4% | ||
| Q2 24 | 5.3% | 9.3% |
净利率AXLDD
| Q1 26 | — | 9.8% | ||
| Q4 25 | -5.4% | 4.9% | ||
| Q3 25 | 0.6% | -4.0% | ||
| Q2 25 | 2.6% | 1.8% | ||
| Q1 25 | 0.5% | -19.2% | ||
| Q4 24 | -1.0% | -3.8% | ||
| Q3 24 | 0.7% | 14.2% | ||
| Q2 24 | 1.1% | 5.6% |
每股收益（稀释后）AXLDD
| Q1 26 | — | $0.36 | ||
| Q4 25 | $-0.62 | $-0.30 | ||
| Q3 25 | $0.07 | $-0.29 | ||
| Q2 25 | $0.32 | $0.14 | ||
| Q1 25 | $0.06 | $-1.41 | ||
| Q4 24 | $-0.11 | $-0.28 | ||
| Q3 24 | $0.08 | $1.08 | ||
| Q2 24 | $0.15 | $0.42 |
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 | $710.0M |
| 总债务越低越好 | $4.0B | $3.2B |
| 股东权益账面价值 | $640.0M | $14.2B |
| 总资产 | $6.7B | $21.4B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.22× |
8季度趋势，按日历期对齐
现金及短期投资AXLDD
| Q1 26 | — | $710.0M | ||
| Q4 25 | $708.9M | $715.0M | ||
| Q3 25 | $714.1M | $2.0B | ||
| Q2 25 | $586.5M | $1.8B | ||
| Q1 25 | $549.2M | $1.8B | ||
| Q4 24 | $552.9M | $1.9B | ||
| Q3 24 | $542.5M | $1.6B | ||
| Q2 24 | $519.9M | $1.5B |
总债务AXLDD
| Q1 26 | — | $3.2B | ||
| Q4 25 | $4.0B | $3.1B | ||
| Q3 25 | $2.6B | $7.0B | ||
| Q2 25 | $2.6B | $5.3B | ||
| Q1 25 | $2.6B | $5.3B | ||
| Q4 24 | $2.6B | $5.3B | ||
| Q3 24 | $2.6B | $7.2B | ||
| Q2 24 | $2.7B | $7.2B |
股东权益AXLDD
| Q1 26 | — | $14.2B | ||
| Q4 25 | $640.0M | $13.9B | ||
| Q3 25 | $718.4M | $22.9B | ||
| Q2 25 | $673.0M | $23.1B | ||
| Q1 25 | $596.3M | $22.8B | ||
| Q4 24 | $562.8M | $23.4B | ||
| Q3 24 | $616.3M | $24.2B | ||
| Q2 24 | $609.6M | $23.3B |
总资产AXLDD
| Q1 26 | — | $21.4B | ||
| Q4 25 | $6.7B | $21.6B | ||
| Q3 25 | $5.3B | $38.0B | ||
| Q2 25 | $5.3B | $36.6B | ||
| Q1 25 | $5.1B | $36.0B | ||
| Q4 24 | $5.1B | $36.6B | ||
| Q3 24 | $5.3B | $37.5B | ||
| Q2 24 | $5.3B | $36.6B |
负债/权益比AXLDD
| Q1 26 | — | 0.22× | ||
| Q4 25 | 6.31× | 0.23× | ||
| Q3 25 | 3.61× | 0.31× | ||
| Q2 25 | 3.86× | 0.23× | ||
| Q1 25 | 4.38× | 0.23× | ||
| Q4 24 | 4.58× | 0.23× | ||
| Q3 24 | 4.28× | 0.30× | ||
| Q2 24 | 4.42× | 0.31× |
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% | 6.1% |
| 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AXLDD
| Q1 26 | — | — | ||
| Q4 25 | $120.5M | $-700.0M | ||
| Q3 25 | $143.3M | $497.0M | ||
| Q2 25 | $91.9M | $381.0M | ||
| Q1 25 | $55.9M | $382.0M | ||
| Q4 24 | $151.2M | $564.0M | ||
| Q3 24 | $143.6M | $737.0M | ||
| Q2 24 | $142.8M | $527.0M |
自由现金流AXLDD
| Q1 26 | — | — | ||
| Q4 25 | $54.7M | $-850.0M | ||
| Q3 25 | $79.2M | $379.0M | ||
| Q2 25 | $34.6M | $265.0M | ||
| Q1 25 | $-13.4M | $133.0M | ||
| Q4 24 | $73.2M | $403.0M | ||
| Q3 24 | $70.4M | $628.0M | ||
| Q2 24 | $94.0M | $425.0M |
自由现金流率AXLDD
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 33.4% | ||
| Q3 25 | 5.3% | 12.3% | ||
| Q2 25 | 2.3% | 8.1% | ||
| Q1 25 | -0.9% | 4.3% | ||
| Q4 24 | 5.3% | 13.0% | ||
| Q3 24 | 4.7% | 19.7% | ||
| Q2 24 | 5.8% | 13.4% |
资本支出强度AXLDD
| Q1 26 | — | 6.1% | ||
| Q4 25 | 4.8% | -5.9% | ||
| Q3 25 | 4.3% | 3.8% | ||
| Q2 25 | 3.7% | 3.6% | ||
| Q1 25 | 4.9% | 8.1% | ||
| Q4 24 | 5.6% | 5.2% | ||
| Q3 24 | 4.9% | 3.4% | ||
| Q2 24 | 3.0% | 3.2% |
现金转化率AXLDD
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 15.58× | — | ||
| Q2 25 | 2.34× | 6.46× | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | 1.62× | ||
| Q2 24 | 7.85× | 2.96× |
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% |
DD
暂无分部数据
