vs
AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与李维斯（LEVI）财务数据对比。点击上方公司名可切换其他公司
李维斯的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.3倍（$1.8B vs $1.4B），李维斯净利率更高（8.9% vs -5.4%，领先14.4%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC同比增速更快（0.2% vs -4.0%），李维斯自由现金流更多（$215.7M vs $54.7M），过去两年李维斯的营收复合增速更高（6.5% 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。
李维斯（Levi Strauss & Co.）是全球知名的美国服饰企业，凭借旗下Levi's品牌丹宁牛仔裤享誉全球。公司创立于1853年5月，由德裔犹太移民李维·斯特劳斯在旧金山成立，注册地为特拉华州，总部设在旧金山李维斯广场。
AXL vs LEVI — 直观对比
营收规模更大
LEVI
是对方的1.3倍
$1.4B
营收增速更快
AXL
高出4.2%
-4.0%
净利率更高
LEVI
高出14.4%
-5.4%
自由现金流更多
LEVI
多$161.0M
$54.7M
两年增速更快
LEVI
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.8B |
| 净利润 | $-75.3M | $158.0M |
| 毛利率 | 10.2% | 60.8% |
| 营业利润率 | -2.4% | 11.9% |
| 净利率 | -5.4% | 8.9% |
| 营收同比 | 0.2% | -4.0% |
| 净利润同比 | -449.6% | -13.4% |
| 每股收益（稀释后） | $-0.62 | $0.39 |
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AXLLEVI
| Q4 25 | $1.4B | $1.8B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.4B | ||
| Q1 25 | $1.4B | $1.5B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.5B | $1.5B | ||
| Q2 24 | $1.6B | $1.4B | ||
| Q1 24 | $1.6B | $1.6B |
净利润AXLLEVI
| Q4 25 | $-75.3M | $158.0M | ||
| Q3 25 | $9.2M | $218.1M | ||
| Q2 25 | $39.3M | $67.0M | ||
| Q1 25 | $7.1M | $135.0M | ||
| Q4 24 | $-13.7M | $182.5M | ||
| Q3 24 | $10.0M | $20.7M | ||
| Q2 24 | $18.2M | $18.0M | ||
| Q1 24 | $20.5M | $-10.6M |
毛利率AXLLEVI
| Q4 25 | 10.2% | 60.8% | ||
| Q3 25 | 12.6% | 61.7% | ||
| Q2 25 | 13.1% | 62.6% | ||
| Q1 25 | 12.3% | 62.1% | ||
| Q4 24 | 11.2% | 61.3% | ||
| Q3 24 | 11.4% | 60.0% | ||
| Q2 24 | 13.3% | 60.5% | ||
| Q1 24 | 12.4% | 58.2% |
营业利润率AXLLEVI
| Q4 25 | -2.4% | 11.9% | ||
| Q3 25 | 3.2% | 10.8% | ||
| Q2 25 | 3.6% | 7.5% | ||
| Q1 25 | 3.0% | 12.5% | ||
| Q4 24 | 2.6% | 11.5% | ||
| Q3 24 | 2.8% | 2.0% | ||
| Q2 24 | 5.3% | 1.5% | ||
| Q1 24 | 4.8% | -0.0% |
净利率AXLLEVI
| Q4 25 | -5.4% | 8.9% | ||
| Q3 25 | 0.6% | 14.1% | ||
| Q2 25 | 2.6% | 4.6% | ||
| Q1 25 | 0.5% | 8.8% | ||
| Q4 24 | -1.0% | 9.9% | ||
| Q3 24 | 0.7% | 1.4% | ||
| Q2 24 | 1.1% | 1.2% | ||
| Q1 24 | 1.3% | -0.7% |
每股收益（稀释后）AXLLEVI
| Q4 25 | $-0.62 | $0.39 | ||
| Q3 25 | $0.07 | $0.55 | ||
| Q2 25 | $0.32 | $0.17 | ||
| Q1 25 | $0.06 | $0.34 | ||
| Q4 24 | $-0.11 | $0.46 | ||
| Q3 24 | $0.08 | $0.05 | ||
| Q2 24 | $0.15 | $0.04 | ||
| Q1 24 | $0.17 | $-0.03 |
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 | $848.8M |
| 总债务越低越好 | $4.0B | $1.1B |
| 股东权益账面价值 | $640.0M | $2.3B |
| 总资产 | $6.7B | $6.8B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.46× |
8季度趋势，按日历期对齐
现金及短期投资AXLLEVI
| Q4 25 | $708.9M | $848.8M | ||
| Q3 25 | $714.1M | $707.5M | ||
| Q2 25 | $586.5M | $736.7M | ||
| Q1 25 | $549.2M | $574.4M | ||
| Q4 24 | $552.9M | $690.0M | ||
| Q3 24 | $542.5M | $577.1M | ||
| Q2 24 | $519.9M | $641.4M | ||
| Q1 24 | $469.8M | $516.7M |
总债务AXLLEVI
| Q4 25 | $4.0B | $1.1B | ||
| Q3 25 | $2.6B | $1.0B | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | $2.6B | $987.4M | ||
| Q4 24 | $2.6B | $994.0M | ||
| Q3 24 | $2.6B | $1.0B | ||
| Q2 24 | $2.7B | $1.0B | ||
| Q1 24 | $2.7B | $1.0B |
股东权益AXLLEVI
| Q4 25 | $640.0M | $2.3B | ||
| Q3 25 | $718.4M | $2.2B | ||
| Q2 25 | $673.0M | $2.1B | ||
| Q1 25 | $596.3M | $2.0B | ||
| Q4 24 | $562.8M | $2.0B | ||
| Q3 24 | $616.3M | $1.9B | ||
| Q2 24 | $609.6M | $2.0B | ||
| Q1 24 | $621.4M | $2.0B |
总资产AXLLEVI
| Q4 25 | $6.7B | $6.8B | ||
| Q3 25 | $5.3B | $6.7B | ||
| Q2 25 | $5.3B | $6.5B | ||
| Q1 25 | $5.1B | $6.2B | ||
| Q4 24 | $5.1B | $6.4B | ||
| Q3 24 | $5.3B | $6.3B | ||
| Q2 24 | $5.3B | $6.2B | ||
| Q1 24 | $5.4B | $6.0B |
负债/权益比AXLLEVI
| Q4 25 | 6.31× | 0.46× | ||
| Q3 25 | 3.61× | 0.48× | ||
| Q2 25 | 3.86× | 0.49× | ||
| Q1 25 | 4.38× | 0.49× | ||
| Q4 24 | 4.58× | 0.50× | ||
| Q3 24 | 4.28× | 0.54× | ||
| Q2 24 | 4.42× | 0.51× | ||
| Q1 24 | 4.40× | 0.51× |
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 | $266.8M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $215.7M |
| 自由现金流率自由现金流/营收 | 4.0% | 12.2% |
| 资本支出强度资本支出/营收 | 4.8% | 2.9% |
| 现金转化率经营现金流/净利润 | — | 1.69× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $308.2M |
8季度趋势，按日历期对齐
经营现金流AXLLEVI
| Q4 25 | $120.5M | $266.8M | ||
| Q3 25 | $143.3M | $24.8M | ||
| Q2 25 | $91.9M | $185.5M | ||
| Q1 25 | $55.9M | $52.5M | ||
| Q4 24 | $151.2M | $297.3M | ||
| Q3 24 | $143.6M | $52.3M | ||
| Q2 24 | $142.8M | $262.8M | ||
| Q1 24 | $17.8M | $286.0M |
自由现金流AXLLEVI
| Q4 25 | $54.7M | $215.7M | ||
| Q3 25 | $79.2M | $-39.4M | ||
| Q2 25 | $34.6M | $146.0M | ||
| Q1 25 | $-13.4M | $-14.1M | ||
| Q4 24 | $73.2M | $231.6M | ||
| Q3 24 | $70.4M | $2.3M | ||
| Q2 24 | $94.0M | $222.6M | ||
| Q1 24 | $-30.2M | $214.4M |
自由现金流率AXLLEVI
| Q4 25 | 4.0% | 12.2% | ||
| Q3 25 | 5.3% | -2.6% | ||
| Q2 25 | 2.3% | 10.1% | ||
| Q1 25 | -0.9% | -0.9% | ||
| Q4 24 | 5.3% | 12.6% | ||
| Q3 24 | 4.7% | 0.2% | ||
| Q2 24 | 5.8% | 15.4% | ||
| Q1 24 | -1.9% | 13.8% |
资本支出强度AXLLEVI
| Q4 25 | 4.8% | 2.9% | ||
| Q3 25 | 4.3% | 4.2% | ||
| Q2 25 | 3.7% | 2.7% | ||
| Q1 25 | 4.9% | 4.4% | ||
| Q4 24 | 5.6% | 3.6% | ||
| Q3 24 | 4.9% | 3.3% | ||
| Q2 24 | 3.0% | 2.8% | ||
| Q1 24 | 3.0% | 4.6% |
现金转化率AXLLEVI
| Q4 25 | — | 1.69× | ||
| Q3 25 | 15.58× | 0.11× | ||
| Q2 25 | 2.34× | 2.77× | ||
| Q1 25 | 7.87× | 0.39× | ||
| Q4 24 | — | 1.63× | ||
| Q3 24 | 14.36× | 2.53× | ||
| Q2 24 | 7.85× | 14.60× | ||
| 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% |
LEVI
| Other | $760.3M | 43% |
| Sales Channel Through Intermediary | $583.2M | 33% |
| Sales Channel Directly To Consumer | $376.0M | 21% |
| Beyond Yoga | $46.3M | 3% |
