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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与KEMPER Corp（KMPR）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KEMPER Corp的1.2倍（$1.4B vs $1.1B），KEMPER Corp净利率更高（-0.7% vs -5.4%，领先4.7%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC同比增速更快（0.2% vs -4.7%），KEMPER Corp自由现金流更多（$166.2M vs $54.7M），过去两年KEMPER Corp的营收复合增速更高（-0.5% 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。
坎伯公司（Kemper Corporation）是总部位于美国伊利诺伊州芝加哥的保险服务商，总资产近130亿美元，旗下品牌矩阵为个人、家庭及企业客户提供多元保险产品服务。
AXL vs KMPR — 直观对比
营收规模更大
AXL
是对方的1.2倍
$1.1B
营收增速更快
AXL
高出4.9%
-4.7%
净利率更高
KMPR
高出4.7%
-5.4%
自由现金流更多
KMPR
多$111.5M
$54.7M
两年增速更快
KMPR
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.1B |
| 净利润 | $-75.3M | $-8.0M |
| 毛利率 | 10.2% | — |
| 营业利润率 | -2.4% | — |
| 净利率 | -5.4% | -0.7% |
| 营收同比 | 0.2% | -4.7% |
| 净利润同比 | -449.6% | -108.2% |
| 每股收益（稀释后） | $-0.62 | $-0.03 |
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AXLKMPR
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $1.2B | ||
| Q1 25 | $1.4B | $1.2B | ||
| Q4 24 | $1.4B | $1.2B | ||
| Q3 24 | $1.5B | $1.2B | ||
| Q2 24 | $1.6B | $1.1B | ||
| Q1 24 | $1.6B | $1.1B |
净利润AXLKMPR
| Q4 25 | $-75.3M | $-8.0M | ||
| Q3 25 | $9.2M | $-21.0M | ||
| Q2 25 | $39.3M | $72.6M | ||
| Q1 25 | $7.1M | $99.7M | ||
| Q4 24 | $-13.7M | $97.4M | ||
| Q3 24 | $10.0M | $73.7M | ||
| Q2 24 | $18.2M | $75.4M | ||
| Q1 24 | $20.5M | $71.3M |
毛利率AXLKMPR
| 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AXLKMPR
| Q4 25 | -2.4% | — | ||
| Q3 25 | 3.2% | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | 11.2% | ||
| Q2 24 | 5.3% | 10.1% | ||
| Q1 24 | 4.8% | 7.6% |
净利率AXLKMPR
| Q4 25 | -5.4% | -0.7% | ||
| Q3 25 | 0.6% | -1.7% | ||
| Q2 25 | 2.6% | 5.9% | ||
| Q1 25 | 0.5% | 8.4% | ||
| Q4 24 | -1.0% | 8.2% | ||
| Q3 24 | 0.7% | 6.3% | ||
| Q2 24 | 1.1% | 6.7% | ||
| Q1 24 | 1.3% | 6.2% |
每股收益（稀释后）AXLKMPR
| Q4 25 | $-0.62 | $-0.03 | ||
| Q3 25 | $0.07 | $-0.34 | ||
| Q2 25 | $0.32 | $1.12 | ||
| Q1 25 | $0.06 | $1.54 | ||
| Q4 24 | $-0.11 | $1.51 | ||
| Q3 24 | $0.08 | $1.14 | ||
| Q2 24 | $0.15 | $1.16 | ||
| Q1 24 | $0.17 | $1.10 |
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 | — |
| 总债务越低越好 | $4.0B | $943.5M |
| 股东权益账面价值 | $640.0M | $2.7B |
| 总资产 | $6.7B | $12.5B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资AXLKMPR
| Q4 25 | $708.9M | — | ||
| Q3 25 | $714.1M | $371.2M | ||
| Q2 25 | $586.5M | $407.6M | ||
| Q1 25 | $549.2M | $545.3M | ||
| Q4 24 | $552.9M | $1.0B | ||
| Q3 24 | $542.5M | $696.9M | ||
| Q2 24 | $519.9M | $539.1M | ||
| Q1 24 | $469.8M | $520.7M |
总债务AXLKMPR
| Q4 25 | $4.0B | $943.5M | ||
| Q3 25 | $2.6B | $943.1M | ||
| Q2 25 | $2.6B | $942.6M | ||
| Q1 25 | $2.6B | $942.1M | ||
| Q4 24 | $2.6B | $1.4B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.7B | $1.4B | ||
| Q1 24 | $2.7B | $1.4B |
股东权益AXLKMPR
| Q4 25 | $640.0M | $2.7B | ||
| Q3 25 | $718.4M | $2.7B | ||
| Q2 25 | $673.0M | $370.0M | ||
| Q1 25 | $596.3M | $366.0M | ||
| Q4 24 | $562.8M | $2.8B | ||
| Q3 24 | $616.3M | $2.8B | ||
| Q2 24 | $609.6M | $358.0M | ||
| Q1 24 | $621.4M | $2.6B |
总资产AXLKMPR
| Q4 25 | $6.7B | $12.5B | ||
| Q3 25 | $5.3B | $12.4B | ||
| Q2 25 | $5.3B | $12.6B | ||
| Q1 25 | $5.1B | $12.5B | ||
| Q4 24 | $5.1B | $12.6B | ||
| Q3 24 | $5.3B | $12.6B | ||
| Q2 24 | $5.3B | $12.6B | ||
| Q1 24 | $5.4B | $12.6B |
负债/权益比AXLKMPR
| Q4 25 | 6.31× | 0.35× | ||
| Q3 25 | 3.61× | 0.35× | ||
| Q2 25 | 3.86× | 2.55× | ||
| Q1 25 | 4.38× | 2.57× | ||
| Q4 24 | 4.58× | 0.50× | ||
| Q3 24 | 4.28× | 0.50× | ||
| Q2 24 | 4.42× | 3.88× | ||
| Q1 24 | 4.40× | 0.54× |
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 | $175.0M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $166.2M |
| 自由现金流率自由现金流/营收 | 4.0% | 14.7% |
| 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 | — | — |
| 过去12个月自由现金流最近4个季度 | $155.1M | $553.9M |
8季度趋势，按日历期对齐
经营现金流AXLKMPR
| Q4 25 | $120.5M | $175.0M | ||
| Q3 25 | $143.3M | $139.9M | ||
| Q2 25 | $91.9M | $89.6M | ||
| Q1 25 | $55.9M | $180.0M | ||
| Q4 24 | $151.2M | $175.1M | ||
| Q3 24 | $143.6M | $141.9M | ||
| Q2 24 | $142.8M | $22.9M | ||
| Q1 24 | $17.8M | $43.0M |
自由现金流AXLKMPR
| Q4 25 | $54.7M | $166.2M | ||
| Q3 25 | $79.2M | $133.4M | ||
| Q2 25 | $34.6M | $82.0M | ||
| Q1 25 | $-13.4M | $172.3M | ||
| Q4 24 | $73.2M | $165.4M | ||
| Q3 24 | $70.4M | $131.4M | ||
| Q2 24 | $94.0M | $5.2M | ||
| Q1 24 | $-30.2M | $27.7M |
自由现金流率AXLKMPR
| Q4 25 | 4.0% | 14.7% | ||
| Q3 25 | 5.3% | 10.8% | ||
| Q2 25 | 2.3% | 6.7% | ||
| Q1 25 | -0.9% | 14.4% | ||
| Q4 24 | 5.3% | 13.9% | ||
| Q3 24 | 4.7% | 11.1% | ||
| Q2 24 | 5.8% | 0.5% | ||
| Q1 24 | -1.9% | 2.4% |
资本支出强度AXLKMPR
| Q4 25 | 4.8% | 0.8% | ||
| Q3 25 | 4.3% | 0.5% | ||
| Q2 25 | 3.7% | 0.6% | ||
| Q1 25 | 4.9% | 0.6% | ||
| Q4 24 | 5.6% | 0.8% | ||
| Q3 24 | 4.9% | 0.9% | ||
| Q2 24 | 3.0% | 1.6% | ||
| Q1 24 | 3.0% | 1.3% |
现金转化率AXLKMPR
| Q4 25 | — | — | ||
| Q3 25 | 15.58× | — | ||
| Q2 25 | 2.34× | 1.23× | ||
| Q1 25 | 7.87× | 1.81× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | 14.36× | 1.93× | ||
| Q2 24 | 7.85× | 0.30× | ||
| Q1 24 | 0.87× | 0.60× |
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% |
KMPR
| Specialty Property Casualty Insurance Segment | $995.1M | 88% |
| Life Insurance Segment1 | $140.7M | 12% |
