vs
AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与Knife River Corp（KNF）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Knife River Corp的1.8倍（$1.4B vs $755.1M），Knife River Corp净利率更高（4.2% vs -5.4%，领先9.7%），Knife River Corp同比增速更快（14.9% vs 0.2%），Knife River Corp自由现金流更多（$138.2M vs $54.7M），过去两年Knife River Corp的营收复合增速更高（51.4% 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。
哥伦比亚河刀具工具公司（CRKT）是1994年成立的美国刀具企业，总部位于美国俄勒冈州图拉丁，主营各类刀具相关产品，目前由罗德·布雷默担任总裁兼销售主管，佩吉·布雷默担任财务主管。
AXL vs KNF — 直观对比
营收规模更大
AXL
是对方的1.8倍
$755.1M
营收增速更快
KNF
高出14.7%
0.2%
净利率更高
KNF
高出9.7%
-5.4%
自由现金流更多
KNF
多$83.5M
$54.7M
两年增速更快
KNF
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $755.1M |
| 净利润 | $-75.3M | $32.0M |
| 毛利率 | 10.2% | 19.2% |
| 营业利润率 | -2.4% | 8.6% |
| 净利率 | -5.4% | 4.2% |
| 营收同比 | 0.2% | 14.9% |
| 净利润同比 | -449.6% | 37.6% |
| 每股收益（稀释后） | $-0.62 | $0.56 |
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AXLKNF
| Q4 25 | $1.4B | $755.1M | ||
| Q3 25 | $1.5B | $1.2B | ||
| Q2 25 | $1.5B | $833.8M | ||
| Q1 25 | $1.4B | $353.5M | ||
| Q4 24 | $1.4B | $657.2M | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | $806.9M | ||
| Q1 24 | $1.6B | $329.6M |
净利润AXLKNF
| Q4 25 | $-75.3M | $32.0M | ||
| Q3 25 | $9.2M | $143.2M | ||
| Q2 25 | $39.3M | $50.6M | ||
| Q1 25 | $7.1M | $-68.7M | ||
| Q4 24 | $-13.7M | $23.3M | ||
| Q3 24 | $10.0M | $148.1M | ||
| Q2 24 | $18.2M | $77.9M | ||
| Q1 24 | $20.5M | $-47.6M |
毛利率AXLKNF
| Q4 25 | 10.2% | 19.2% | ||
| Q3 25 | 12.6% | 23.6% | ||
| Q2 25 | 13.1% | 18.9% | ||
| Q1 25 | 12.3% | -2.7% | ||
| Q4 24 | 11.2% | 17.4% | ||
| Q3 24 | 11.4% | 24.7% | ||
| Q2 24 | 13.3% | 21.8% | ||
| Q1 24 | 12.4% | 2.0% |
营业利润率AXLKNF
| Q4 25 | -2.4% | 8.6% | ||
| Q3 25 | 3.2% | 17.9% | ||
| Q2 25 | 3.6% | 10.6% | ||
| Q1 25 | 3.0% | -23.4% | ||
| Q4 24 | 2.6% | 6.7% | ||
| Q3 24 | 2.8% | 18.9% | ||
| Q2 24 | 5.3% | 14.5% | ||
| Q1 24 | 4.8% | -16.3% |
净利率AXLKNF
| Q4 25 | -5.4% | 4.2% | ||
| Q3 25 | 0.6% | 11.9% | ||
| Q2 25 | 2.6% | 6.1% | ||
| Q1 25 | 0.5% | -19.4% | ||
| Q4 24 | -1.0% | 3.5% | ||
| Q3 24 | 0.7% | 13.4% | ||
| Q2 24 | 1.1% | 9.7% | ||
| Q1 24 | 1.3% | -14.5% |
每股收益（稀释后）AXLKNF
| Q4 25 | $-0.62 | $0.56 | ||
| Q3 25 | $0.07 | $2.52 | ||
| Q2 25 | $0.32 | $0.89 | ||
| Q1 25 | $0.06 | $-1.21 | ||
| Q4 24 | $-0.11 | $0.42 | ||
| Q3 24 | $0.08 | $2.60 | ||
| Q2 24 | $0.15 | $1.37 | ||
| Q1 24 | $0.17 | $-0.84 |
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 | $73.8M |
| 总债务越低越好 | $4.0B | $1.2B |
| 股东权益账面价值 | $640.0M | $1.6B |
| 总资产 | $6.7B | $3.7B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.71× |
8季度趋势，按日历期对齐
现金及短期投资AXLKNF
| Q4 25 | $708.9M | $73.8M | ||
| Q3 25 | $714.1M | $30.7M | ||
| Q2 25 | $586.5M | $26.6M | ||
| Q1 25 | $549.2M | $86.1M | ||
| Q4 24 | $552.9M | $236.8M | ||
| Q3 24 | $542.5M | $220.4M | ||
| Q2 24 | $519.9M | $15.5M | ||
| Q1 24 | $469.8M | $128.4M |
总债务AXLKNF
| Q4 25 | $4.0B | $1.2B | ||
| Q3 25 | $2.6B | $1.2B | ||
| Q2 25 | $2.6B | $1.4B | ||
| Q1 25 | $2.6B | $1.2B | ||
| Q4 24 | $2.6B | $677.4M | ||
| Q3 24 | $2.6B | $678.5M | ||
| Q2 24 | $2.7B | $679.5M | ||
| Q1 24 | $2.7B | $680.6M |
股东权益AXLKNF
| Q4 25 | $640.0M | $1.6B | ||
| Q3 25 | $718.4M | $1.6B | ||
| Q2 25 | $673.0M | $1.5B | ||
| Q1 25 | $596.3M | $1.4B | ||
| Q4 24 | $562.8M | $1.5B | ||
| Q3 24 | $616.3M | $1.4B | ||
| Q2 24 | $609.6M | $1.3B | ||
| Q1 24 | $621.4M | $1.2B |
总资产AXLKNF
| Q4 25 | $6.7B | $3.7B | ||
| Q3 25 | $5.3B | $3.7B | ||
| Q2 25 | $5.3B | $3.6B | ||
| Q1 25 | $5.1B | $3.3B | ||
| Q4 24 | $5.1B | $2.9B | ||
| Q3 24 | $5.3B | $2.9B | ||
| Q2 24 | $5.3B | $2.7B | ||
| Q1 24 | $5.4B | $2.5B |
负债/权益比AXLKNF
| Q4 25 | 6.31× | 0.71× | ||
| Q3 25 | 3.61× | 0.74× | ||
| Q2 25 | 3.86× | 0.93× | ||
| Q1 25 | 4.38× | 0.83× | ||
| Q4 24 | 4.58× | 0.46× | ||
| Q3 24 | 4.28× | 0.47× | ||
| Q2 24 | 4.42× | 0.52× | ||
| Q1 24 | 4.40× | 0.56× |
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 | $195.9M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $138.2M |
| 自由现金流率自由现金流/营收 | 4.0% | 18.3% |
| 资本支出强度资本支出/营收 | 4.8% | 7.6% |
| 现金转化率经营现金流/净利润 | — | 6.12× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $-69.6M |
8季度趋势，按日历期对齐
经营现金流AXLKNF
| Q4 25 | $120.5M | $195.9M | ||
| Q3 25 | $143.3M | $250.4M | ||
| Q2 25 | $91.9M | $-42.6M | ||
| Q1 25 | $55.9M | $-125.3M | ||
| Q4 24 | $151.2M | $172.4M | ||
| Q3 24 | $143.6M | $239.7M | ||
| Q2 24 | $142.8M | $-46.6M | ||
| Q1 24 | $17.8M | $-43.2M |
自由现金流AXLKNF
| Q4 25 | $54.7M | $138.2M | ||
| Q3 25 | $79.2M | $188.7M | ||
| Q2 25 | $34.6M | $-196.2M | ||
| Q1 25 | $-13.4M | $-200.2M | ||
| Q4 24 | $73.2M | $127.2M | ||
| Q3 24 | $70.4M | $216.1M | ||
| Q2 24 | $94.0M | $-106.5M | ||
| Q1 24 | $-30.2M | $-86.9M |
自由现金流率AXLKNF
| Q4 25 | 4.0% | 18.3% | ||
| Q3 25 | 5.3% | 15.7% | ||
| Q2 25 | 2.3% | -23.5% | ||
| Q1 25 | -0.9% | -56.6% | ||
| Q4 24 | 5.3% | 19.3% | ||
| Q3 24 | 4.7% | 19.6% | ||
| Q2 24 | 5.8% | -13.2% | ||
| Q1 24 | -1.9% | -26.4% |
资本支出强度AXLKNF
| Q4 25 | 4.8% | 7.6% | ||
| Q3 25 | 4.3% | 5.1% | ||
| Q2 25 | 3.7% | 18.4% | ||
| Q1 25 | 4.9% | 21.2% | ||
| Q4 24 | 5.6% | 6.9% | ||
| Q3 24 | 4.9% | 2.1% | ||
| Q2 24 | 3.0% | 7.4% | ||
| Q1 24 | 3.0% | 13.3% |
现金转化率AXLKNF
| Q4 25 | — | 6.12× | ||
| Q3 25 | 15.58× | 1.75× | ||
| Q2 25 | 2.34× | -0.84× | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | 7.41× | ||
| Q3 24 | 14.36× | 1.62× | ||
| Q2 24 | 7.85× | -0.60× | ||
| 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% |
KNF
| Services | $347.2M | 46% |
| Ready Mix Concrete | $88.4M | 12% |
| Contracting Services Public Sector | $80.2M | 11% |
| Aggregates | $73.9M | 10% |
| Energy Services Segment | $56.2M | 7% |
| Liquid Asphalt | $49.1M | 7% |
| Other | $43.2M | 6% |
| Asphalt | $22.7M | 3% |
