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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与Monolithic Power Systems（MPWR）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Monolithic Power Systems的1.8倍（$1.4B vs $751.2M），Monolithic Power Systems净利率更高（22.9% vs -5.4%，领先28.3%），Monolithic Power Systems同比增速更快（20.8% vs 0.2%），Monolithic Power Systems自由现金流更多（$63.9M vs $54.7M），过去两年Monolithic Power Systems的营收复合增速更高（28.1% 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。
Monolithic Power Systems（简称MPS）是一家美国上市企业，总部位于华盛顿州柯克兰市，主营高性能电源管理类产品的研发、生产与销售，目前在全球范围内设有超过15个运营站点，业务覆盖多个国家和地区。
AXL vs MPWR — 直观对比
营收规模更大
AXL
是对方的1.8倍
$751.2M
营收增速更快
MPWR
高出20.6%
0.2%
净利率更高
MPWR
高出28.3%
-5.4%
自由现金流更多
MPWR
多$9.2M
$54.7M
两年增速更快
MPWR
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $751.2M |
| 净利润 | $-75.3M | $171.7M |
| 毛利率 | 10.2% | 55.2% |
| 营业利润率 | -2.4% | 26.6% |
| 净利率 | -5.4% | 22.9% |
| 营收同比 | 0.2% | 20.8% |
| 净利润同比 | -449.6% | -86.3% |
| 每股收益（稀释后） | $-0.62 | $3.50 |
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AXLMPWR
| Q4 25 | $1.4B | $751.2M | ||
| Q3 25 | $1.5B | $737.2M | ||
| Q2 25 | $1.5B | $664.6M | ||
| Q1 25 | $1.4B | $637.6M | ||
| Q4 24 | $1.4B | $621.7M | ||
| Q3 24 | $1.5B | $620.1M | ||
| Q2 24 | $1.6B | $507.4M | ||
| Q1 24 | $1.6B | $457.9M |
净利润AXLMPWR
| Q4 25 | $-75.3M | $171.7M | ||
| Q3 25 | $9.2M | $179.8M | ||
| Q2 25 | $39.3M | $135.0M | ||
| Q1 25 | $7.1M | $135.1M | ||
| Q4 24 | $-13.7M | $1.3B | ||
| Q3 24 | $10.0M | $144.4M | ||
| Q2 24 | $18.2M | $100.4M | ||
| Q1 24 | $20.5M | $92.5M |
毛利率AXLMPWR
| Q4 25 | 10.2% | 55.2% | ||
| Q3 25 | 12.6% | 55.1% | ||
| Q2 25 | 13.1% | 55.1% | ||
| Q1 25 | 12.3% | 55.4% | ||
| Q4 24 | 11.2% | 55.4% | ||
| Q3 24 | 11.4% | 55.4% | ||
| Q2 24 | 13.3% | 55.3% | ||
| Q1 24 | 12.4% | 55.1% |
营业利润率AXLMPWR
| Q4 25 | -2.4% | 26.6% | ||
| Q3 25 | 3.2% | 26.5% | ||
| Q2 25 | 3.6% | 24.8% | ||
| Q1 25 | 3.0% | 26.5% | ||
| Q4 24 | 2.6% | 26.3% | ||
| Q3 24 | 2.8% | 26.5% | ||
| Q2 24 | 5.3% | 23.0% | ||
| Q1 24 | 4.8% | 20.9% |
净利率AXLMPWR
| Q4 25 | -5.4% | 22.9% | ||
| Q3 25 | 0.6% | 24.4% | ||
| Q2 25 | 2.6% | 20.3% | ||
| Q1 25 | 0.5% | 21.2% | ||
| Q4 24 | -1.0% | 201.8% | ||
| Q3 24 | 0.7% | 23.3% | ||
| Q2 24 | 1.1% | 19.8% | ||
| Q1 24 | 1.3% | 20.2% |
每股收益（稀释后）AXLMPWR
| Q4 25 | $-0.62 | $3.50 | ||
| Q3 25 | $0.07 | $3.74 | ||
| Q2 25 | $0.32 | $2.81 | ||
| Q1 25 | $0.06 | $2.81 | ||
| Q4 24 | $-0.11 | $25.71 | ||
| Q3 24 | $0.08 | $2.95 | ||
| Q2 24 | $0.15 | $2.05 | ||
| Q1 24 | $0.17 | $1.89 |
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 | $1.3B |
| 总债务越低越好 | $4.0B | — |
| 股东权益账面价值 | $640.0M | $3.5B |
| 总资产 | $6.7B | $4.2B |
| 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AXLMPWR
| Q4 25 | $708.9M | $1.3B | ||
| Q3 25 | $714.1M | $1.3B | ||
| Q2 25 | $586.5M | $1.1B | ||
| Q1 25 | $549.2M | $1.0B | ||
| Q4 24 | $552.9M | $862.9M | ||
| Q3 24 | $542.5M | $1.5B | ||
| Q2 24 | $519.9M | $1.3B | ||
| Q1 24 | $469.8M | $1.3B |
总债务AXLMPWR
| 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AXLMPWR
| Q4 25 | $640.0M | $3.5B | ||
| Q3 25 | $718.4M | $3.4B | ||
| Q2 25 | $673.0M | $3.2B | ||
| Q1 25 | $596.3M | $3.1B | ||
| Q4 24 | $562.8M | $3.0B | ||
| Q3 24 | $616.3M | $2.4B | ||
| Q2 24 | $609.6M | $2.2B | ||
| Q1 24 | $621.4M | $2.1B |
总资产AXLMPWR
| Q4 25 | $6.7B | $4.2B | ||
| Q3 25 | $5.3B | $4.1B | ||
| Q2 25 | $5.3B | $3.9B | ||
| Q1 25 | $5.1B | $3.7B | ||
| Q4 24 | $5.1B | $3.5B | ||
| Q3 24 | $5.3B | $2.9B | ||
| Q2 24 | $5.3B | $2.6B | ||
| Q1 24 | $5.4B | $2.6B |
负债/权益比AXLMPWR
| 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 | $104.9M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $63.9M |
| 自由现金流率自由现金流/营收 | 4.0% | 8.5% |
| 资本支出强度资本支出/营收 | 4.8% | 5.5% |
| 现金转化率经营现金流/净利润 | — | 0.61× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $666.2M |
8季度趋势，按日历期对齐
经营现金流AXLMPWR
| Q4 25 | $120.5M | $104.9M | ||
| Q3 25 | $143.3M | $239.3M | ||
| Q2 25 | $91.9M | $237.6M | ||
| Q1 25 | $55.9M | $256.4M | ||
| Q4 24 | $151.2M | $167.7M | ||
| Q3 24 | $143.6M | $231.7M | ||
| Q2 24 | $142.8M | $141.0M | ||
| Q1 24 | $17.8M | $248.1M |
自由现金流AXLMPWR
| Q4 25 | $54.7M | $63.9M | ||
| Q3 25 | $79.2M | $196.8M | ||
| Q2 25 | $34.6M | $189.5M | ||
| Q1 25 | $-13.4M | $216.0M | ||
| Q4 24 | $73.2M | $102.9M | ||
| Q3 24 | $70.4M | $197.9M | ||
| Q2 24 | $94.0M | $109.5M | ||
| Q1 24 | $-30.2M | $232.1M |
自由现金流率AXLMPWR
| Q4 25 | 4.0% | 8.5% | ||
| Q3 25 | 5.3% | 26.7% | ||
| Q2 25 | 2.3% | 28.5% | ||
| Q1 25 | -0.9% | 33.9% | ||
| Q4 24 | 5.3% | 16.5% | ||
| Q3 24 | 4.7% | 31.9% | ||
| Q2 24 | 5.8% | 21.6% | ||
| Q1 24 | -1.9% | 50.7% |
资本支出强度AXLMPWR
| Q4 25 | 4.8% | 5.5% | ||
| Q3 25 | 4.3% | 5.8% | ||
| Q2 25 | 3.7% | 7.2% | ||
| Q1 25 | 4.9% | 6.3% | ||
| Q4 24 | 5.6% | 10.4% | ||
| Q3 24 | 4.9% | 5.5% | ||
| Q2 24 | 3.0% | 6.2% | ||
| Q1 24 | 3.0% | 3.5% |
现金转化率AXLMPWR
| Q4 25 | — | 0.61× | ||
| Q3 25 | 15.58× | 1.33× | ||
| Q2 25 | 2.34× | 1.76× | ||
| Q1 25 | 7.87× | 1.90× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | 14.36× | 1.60× | ||
| Q2 24 | 7.85× | 1.40× | ||
| Q1 24 | 0.87× | 2.68× |
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% |
MPWR
暂无分部数据
