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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与KeyCorp（KEY）财务数据对比。点击上方公司名可切换其他公司
KeyCorp的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.4倍（$2.0B vs $1.4B），KeyCorp净利率更高（25.4% vs -5.4%，领先30.9%），KeyCorp同比增速更快（131.8% vs 0.2%），KeyCorp自由现金流更多（$2.1B vs $54.7M），过去两年KeyCorp的营收复合增速更高（14.4% 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。
Key是日本知名视觉小说工作室，1998年7月21日作为发行商Visual Arts旗下品牌成立，总部位于大阪市北区。工作室主打剧情向作品，擅长创作情感饱满、情节跌宕的戏剧类内容，旗下多款作品深受全球ACG爱好者喜爱。
AXL vs KEY — 直观对比
营收规模更大
KEY
是对方的1.4倍
$1.4B
营收增速更快
KEY
高出131.6%
0.2%
净利率更高
KEY
高出30.9%
-5.4%
自由现金流更多
KEY
多$2.0B
$54.7M
两年增速更快
KEY
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.0B |
| 净利润 | $-75.3M | $510.0M |
| 毛利率 | 10.2% | — |
| 营业利润率 | -2.4% | 32.3% |
| 净利率 | -5.4% | 25.4% |
| 营收同比 | 0.2% | 131.8% |
| 净利润同比 | -449.6% | 309.0% |
| 每股收益（稀释后） | $-0.62 | $0.43 |
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AXLKEY
| Q4 25 | $1.4B | $2.0B | ||
| Q3 25 | $1.5B | $1.9B | ||
| Q2 25 | $1.5B | $1.8B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.4B | $865.0M | ||
| Q3 24 | $1.5B | $695.0M | ||
| Q2 24 | $1.6B | $1.5B | ||
| Q1 24 | $1.6B | $1.5B |
净利润AXLKEY
| Q4 25 | $-75.3M | $510.0M | ||
| Q3 25 | $9.2M | $489.0M | ||
| Q2 25 | $39.3M | $425.0M | ||
| Q1 25 | $7.1M | $405.0M | ||
| Q4 24 | $-13.7M | $-244.0M | ||
| Q3 24 | $10.0M | $-410.0M | ||
| Q2 24 | $18.2M | $274.0M | ||
| Q1 24 | $20.5M | $219.0M |
毛利率AXLKEY
| 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% | — | ||
| Q1 24 | 12.4% | — |
营业利润率AXLKEY
| Q4 25 | -2.4% | 32.3% | ||
| Q3 25 | 3.2% | 31.8% | ||
| Q2 25 | 3.6% | 29.3% | ||
| Q1 25 | 3.0% | 29.0% | ||
| Q4 24 | 2.6% | -92.6% | ||
| Q3 24 | 2.8% | -72.8% | ||
| Q2 24 | 5.3% | 22.0% | ||
| Q1 24 | 4.8% | 18.1% |
净利率AXLKEY
| Q4 25 | -5.4% | 25.4% | ||
| Q3 25 | 0.6% | 25.8% | ||
| Q2 25 | 2.6% | 23.1% | ||
| Q1 25 | 0.5% | 22.8% | ||
| Q4 24 | -1.0% | -54.7% | ||
| Q3 24 | 0.7% | -59.0% | ||
| Q2 24 | 1.1% | 18.0% | ||
| Q1 24 | 1.3% | 14.3% |
每股收益（稀释后）AXLKEY
| Q4 25 | $-0.62 | $0.43 | ||
| Q3 25 | $0.07 | $0.41 | ||
| Q2 25 | $0.32 | $0.35 | ||
| Q1 25 | $0.06 | $0.33 | ||
| Q4 24 | $-0.11 | $-0.30 | ||
| Q3 24 | $0.08 | $-0.47 | ||
| Q2 24 | $0.15 | $0.25 | ||
| Q1 24 | $0.17 | $0.20 |
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 | $10.2B |
| 总债务越低越好 | $4.0B | $9.9B |
| 股东权益账面价值 | $640.0M | $20.4B |
| 总资产 | $6.7B | $184.4B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.49× |
8季度趋势，按日历期对齐
现金及短期投资AXLKEY
| Q4 25 | $708.9M | $10.2B | ||
| Q3 25 | $714.1M | $13.3B | ||
| Q2 25 | $586.5M | $11.6B | ||
| Q1 25 | $549.2M | $15.3B | ||
| Q4 24 | $552.9M | $17.5B | ||
| Q3 24 | $542.5M | $22.8B | ||
| Q2 24 | $519.9M | $15.5B | ||
| Q1 24 | $469.8M | $13.2B |
总债务AXLKEY
| Q4 25 | $4.0B | $9.9B | ||
| Q3 25 | $2.6B | $10.9B | ||
| Q2 25 | $2.6B | $12.1B | ||
| Q1 25 | $2.6B | $12.4B | ||
| Q4 24 | $2.6B | $12.1B | ||
| Q3 24 | $2.6B | $15.7B | ||
| Q2 24 | $2.7B | $16.9B | ||
| Q1 24 | $2.7B | $20.8B |
股东权益AXLKEY
| Q4 25 | $640.0M | $20.4B | ||
| Q3 25 | $718.4M | $20.1B | ||
| Q2 25 | $673.0M | $19.5B | ||
| Q1 25 | $596.3M | $19.0B | ||
| Q4 24 | $562.8M | $18.2B | ||
| Q3 24 | $616.3M | $16.9B | ||
| Q2 24 | $609.6M | $14.8B | ||
| Q1 24 | $621.4M | $14.5B |
总资产AXLKEY
| Q4 25 | $6.7B | $184.4B | ||
| Q3 25 | $5.3B | $187.4B | ||
| Q2 25 | $5.3B | $185.5B | ||
| Q1 25 | $5.1B | $188.7B | ||
| Q4 24 | $5.1B | $187.2B | ||
| Q3 24 | $5.3B | $189.8B | ||
| Q2 24 | $5.3B | $187.4B | ||
| Q1 24 | $5.4B | $187.5B |
负债/权益比AXLKEY
| Q4 25 | 6.31× | 0.49× | ||
| Q3 25 | 3.61× | 0.54× | ||
| Q2 25 | 3.86× | 0.62× | ||
| Q1 25 | 4.38× | 0.65× | ||
| Q4 24 | 4.58× | 0.67× | ||
| Q3 24 | 4.28× | 0.93× | ||
| Q2 24 | 4.42× | 1.14× | ||
| Q1 24 | 4.40× | 1.43× |
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 | $2.2B |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $2.1B |
| 自由现金流率自由现金流/营收 | 4.0% | 104.8% |
| 资本支出强度资本支出/营收 | 4.8% | 5.3% |
| 现金转化率经营现金流/净利润 | — | 4.33× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $3.5B |
8季度趋势，按日历期对齐
经营现金流AXLKEY
| Q4 25 | $120.5M | $2.2B | ||
| Q3 25 | $143.3M | $396.0M | ||
| Q2 25 | $91.9M | $1.2B | ||
| Q1 25 | $55.9M | $-140.0M | ||
| Q4 24 | $151.2M | $664.0M | ||
| Q3 24 | $143.6M | $-1.2B | ||
| Q2 24 | $142.8M | $-217.0M | ||
| Q1 24 | $17.8M | $359.0M |
自由现金流AXLKEY
| Q4 25 | $54.7M | $2.1B | ||
| Q3 25 | $79.2M | $367.0M | ||
| Q2 25 | $34.6M | $1.2B | ||
| Q1 25 | $-13.4M | $-150.0M | ||
| Q4 24 | $73.2M | $599.0M | ||
| Q3 24 | $70.4M | $-1.2B | ||
| Q2 24 | $94.0M | $-230.0M | ||
| Q1 24 | $-30.2M | $347.0M |
自由现金流率AXLKEY
| Q4 25 | 4.0% | 104.8% | ||
| Q3 25 | 5.3% | 19.4% | ||
| Q2 25 | 2.3% | 65.8% | ||
| Q1 25 | -0.9% | -8.5% | ||
| Q4 24 | 5.3% | 69.2% | ||
| Q3 24 | 4.7% | -175.8% | ||
| Q2 24 | 5.8% | -15.1% | ||
| Q1 24 | -1.9% | 22.6% |
资本支出强度AXLKEY
| Q4 25 | 4.8% | 5.3% | ||
| Q3 25 | 4.3% | 1.5% | ||
| Q2 25 | 3.7% | 1.3% | ||
| Q1 25 | 4.9% | 0.6% | ||
| Q4 24 | 5.6% | 7.5% | ||
| Q3 24 | 4.9% | 2.4% | ||
| Q2 24 | 3.0% | 0.9% | ||
| Q1 24 | 3.0% | 0.8% |
现金转化率AXLKEY
| Q4 25 | — | 4.33× | ||
| Q3 25 | 15.58× | 0.81× | ||
| Q2 25 | 2.34× | 2.90× | ||
| Q1 25 | 7.87× | -0.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | — | ||
| Q2 24 | 7.85× | -0.79× | ||
| Q1 24 | 0.87× | 1.64× |
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% |
KEY
暂无分部数据
