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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与DOCUSIGN, INC.（DOCU）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DOCUSIGN, INC.的1.7倍（$1.4B vs $818.4M），DOCUSIGN, INC.净利率更高（10.2% vs -5.4%，领先15.7%），DOCUSIGN, INC.同比增速更快（8.4% vs 0.2%），DOCUSIGN, INC.自由现金流更多（$262.9M vs $54.7M）
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。
DocuSign是总部位于美国加利福尼亚州旧金山的软件企业，为各类机构提供多设备支持的电子协议管理及电子签名相关产品。截至2025年，公司在180个国家拥有约170万客户，其处理的签名符合美国ESIGN法案、欧盟eIDAS法规要求，满足欧盟高级及合格签名标准。
AXL vs DOCU — 直观对比
营收规模更大
AXL
是对方的1.7倍
$818.4M
营收增速更快
DOCU
高出8.2%
0.2%
净利率更高
DOCU
高出15.7%
-5.4%
自由现金流更多
DOCU
多$208.2M
$54.7M
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $818.4M |
| 净利润 | $-75.3M | $83.7M |
| 毛利率 | 10.2% | 79.2% |
| 营业利润率 | -2.4% | 10.4% |
| 净利率 | -5.4% | 10.2% |
| 营收同比 | 0.2% | 8.4% |
| 净利润同比 | -449.6% | 34.1% |
| 每股收益（稀释后） | $-0.62 | $0.40 |
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AXLDOCU
| Q4 25 | $1.4B | $818.4M | ||
| Q3 25 | $1.5B | $800.6M | ||
| Q2 25 | $1.5B | $763.7M | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
净利润AXLDOCU
| Q4 25 | $-75.3M | $83.7M | ||
| Q3 25 | $9.2M | $63.0M | ||
| Q2 25 | $39.3M | $72.1M | ||
| Q1 25 | $7.1M | — | ||
| Q4 24 | $-13.7M | — | ||
| Q3 24 | $10.0M | — | ||
| Q2 24 | $18.2M | — | ||
| Q1 24 | $20.5M | — |
毛利率AXLDOCU
| Q4 25 | 10.2% | 79.2% | ||
| Q3 25 | 12.6% | 79.3% | ||
| Q2 25 | 13.1% | 79.4% | ||
| 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AXLDOCU
| Q4 25 | -2.4% | 10.4% | ||
| Q3 25 | 3.2% | 8.1% | ||
| Q2 25 | 3.6% | 7.9% | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 4.8% | — |
净利率AXLDOCU
| Q4 25 | -5.4% | 10.2% | ||
| Q3 25 | 0.6% | 7.9% | ||
| Q2 25 | 2.6% | 9.4% | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 1.3% | — |
每股收益（稀释后）AXLDOCU
| Q4 25 | $-0.62 | $0.40 | ||
| Q3 25 | $0.07 | $0.30 | ||
| Q2 25 | $0.32 | $0.34 | ||
| 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 | $583.3M |
| 总债务越低越好 | $4.0B | — |
| 股东权益账面价值 | $640.0M | $2.0B |
| 总资产 | $6.7B | $4.0B |
| 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AXLDOCU
| Q4 25 | $708.9M | $583.3M | ||
| Q3 25 | $714.1M | $600.0M | ||
| Q2 25 | $586.5M | $657.4M | ||
| Q1 25 | $549.2M | — | ||
| Q4 24 | $552.9M | — | ||
| Q3 24 | $542.5M | — | ||
| Q2 24 | $519.9M | — | ||
| Q1 24 | $469.8M | — |
总债务AXLDOCU
| 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AXLDOCU
| Q4 25 | $640.0M | $2.0B | ||
| Q3 25 | $718.4M | $2.0B | ||
| Q2 25 | $673.0M | $2.0B | ||
| Q1 25 | $596.3M | — | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | — | ||
| Q2 24 | $609.6M | — | ||
| Q1 24 | $621.4M | — |
总资产AXLDOCU
| Q4 25 | $6.7B | $4.0B | ||
| Q3 25 | $5.3B | $3.9B | ||
| Q2 25 | $5.3B | $3.9B | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.4B | — |
负债/权益比AXLDOCU
| 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 | $290.3M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $262.9M |
| 自由现金流率自由现金流/营收 | 4.0% | 32.1% |
| 资本支出强度资本支出/营收 | 4.8% | 3.3% |
| 现金转化率经营现金流/净利润 | — | 3.47× |
| 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AXLDOCU
| Q4 25 | $120.5M | $290.3M | ||
| Q3 25 | $143.3M | $246.1M | ||
| Q2 25 | $91.9M | $251.4M | ||
| Q1 25 | $55.9M | — | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $143.6M | — | ||
| Q2 24 | $142.8M | — | ||
| Q1 24 | $17.8M | — |
自由现金流AXLDOCU
| Q4 25 | $54.7M | $262.9M | ||
| Q3 25 | $79.2M | $217.6M | ||
| Q2 25 | $34.6M | $227.8M | ||
| 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AXLDOCU
| Q4 25 | 4.0% | 32.1% | ||
| Q3 25 | 5.3% | 27.2% | ||
| Q2 25 | 2.3% | 29.8% | ||
| 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AXLDOCU
| Q4 25 | 4.8% | 3.3% | ||
| Q3 25 | 4.3% | 3.6% | ||
| Q2 25 | 3.7% | 3.1% | ||
| 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AXLDOCU
| Q4 25 | — | 3.47× | ||
| Q3 25 | 15.58× | 3.91× | ||
| Q2 25 | 2.34× | 3.49× | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | — | ||
| Q2 24 | 7.85× | — | ||
| 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% |
DOCU
| Subscription And Circulation | $801.0M | 98% |
| Professional Services And Other | $17.4M | 2% |
