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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与PATRICK INDUSTRIES INC（PATK）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PATRICK INDUSTRIES INC的1.5倍（$1.4B vs $924.2M），PATRICK INDUSTRIES INC净利率更高（3.1% vs -5.4%，领先8.6%），PATRICK INDUSTRIES INC同比增速更快（9.2% vs 0.2%），PATRICK INDUSTRIES INC自由现金流更多（$112.7M vs $54.7M），过去两年PATRICK INDUSTRIES INC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。
安杜里尔工业是一家美国国防科技企业，专注于先进自主系统的研发，其技术产品多应用于国防安全相关领域，在智能防务解决方案赛道具备行业竞争力。
AXL vs PATK — 直观对比
营收规模更大
AXL
是对方的1.5倍
$924.2M
营收增速更快
PATK
高出9.0%
0.2%
净利率更高
PATK
高出8.6%
-5.4%
自由现金流更多
PATK
多$58.0M
$54.7M
两年增速更快
PATK
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $924.2M |
| 净利润 | $-75.3M | $29.1M |
| 毛利率 | 10.2% | 23.0% |
| 营业利润率 | -2.4% | 6.2% |
| 净利率 | -5.4% | 3.1% |
| 营收同比 | 0.2% | 9.2% |
| 净利润同比 | -449.6% | 99.7% |
| 每股收益（稀释后） | $-0.62 | $0.82 |
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AXLPATK
| Q4 25 | $1.4B | $924.2M | ||
| Q3 25 | $1.5B | $975.6M | ||
| Q2 25 | $1.5B | $1.0B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $1.4B | $846.1M | ||
| Q3 24 | $1.5B | $919.4M | ||
| Q2 24 | $1.6B | $1.0B | ||
| Q1 24 | $1.6B | $933.5M |
净利润AXLPATK
| Q4 25 | $-75.3M | $29.1M | ||
| Q3 25 | $9.2M | $35.3M | ||
| Q2 25 | $39.3M | $32.4M | ||
| Q1 25 | $7.1M | $38.2M | ||
| Q4 24 | $-13.7M | $14.6M | ||
| Q3 24 | $10.0M | $40.9M | ||
| Q2 24 | $18.2M | $47.9M | ||
| Q1 24 | $20.5M | $35.1M |
毛利率AXLPATK
| Q4 25 | 10.2% | 23.0% | ||
| Q3 25 | 12.6% | 22.6% | ||
| Q2 25 | 13.1% | 23.9% | ||
| Q1 25 | 12.3% | 22.8% | ||
| Q4 24 | 11.2% | 22.1% | ||
| Q3 24 | 11.4% | 23.1% | ||
| Q2 24 | 13.3% | 22.8% | ||
| Q1 24 | 12.4% | 21.9% |
营业利润率AXLPATK
| Q4 25 | -2.4% | 6.2% | ||
| Q3 25 | 3.2% | 6.8% | ||
| Q2 25 | 3.6% | 8.3% | ||
| Q1 25 | 3.0% | 6.5% | ||
| Q4 24 | 2.6% | 4.7% | ||
| Q3 24 | 2.8% | 8.1% | ||
| Q2 24 | 5.3% | 8.3% | ||
| Q1 24 | 4.8% | 6.4% |
净利率AXLPATK
| Q4 25 | -5.4% | 3.1% | ||
| Q3 25 | 0.6% | 3.6% | ||
| Q2 25 | 2.6% | 3.1% | ||
| Q1 25 | 0.5% | 3.8% | ||
| Q4 24 | -1.0% | 1.7% | ||
| Q3 24 | 0.7% | 4.4% | ||
| Q2 24 | 1.1% | 4.7% | ||
| Q1 24 | 1.3% | 3.8% |
每股收益（稀释后）AXLPATK
| Q4 25 | $-0.62 | $0.82 | ||
| Q3 25 | $0.07 | $1.01 | ||
| Q2 25 | $0.32 | $0.96 | ||
| Q1 25 | $0.06 | $1.11 | ||
| Q4 24 | $-0.11 | $-1.44 | ||
| Q3 24 | $0.08 | $1.80 | ||
| Q2 24 | $0.15 | $2.16 | ||
| Q1 24 | $0.17 | $1.59 |
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 | $26.4M |
| 总债务越低越好 | $4.0B | $1.3B |
| 股东权益账面价值 | $640.0M | $1.2B |
| 总资产 | $6.7B | $3.1B |
| 负债/权益比越低杠杆越低 | 6.31× | 1.10× |
8季度趋势，按日历期对齐
现金及短期投资AXLPATK
| Q4 25 | $708.9M | $26.4M | ||
| Q3 25 | $714.1M | $20.7M | ||
| Q2 25 | $586.5M | $22.0M | ||
| Q1 25 | $549.2M | $86.6M | ||
| Q4 24 | $552.9M | $33.6M | ||
| Q3 24 | $542.5M | $52.6M | ||
| Q2 24 | $519.9M | $44.0M | ||
| Q1 24 | $469.8M | $17.6M |
总债务AXLPATK
| Q4 25 | $4.0B | $1.3B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | $1.3B | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益AXLPATK
| Q4 25 | $640.0M | $1.2B | ||
| Q3 25 | $718.4M | $1.2B | ||
| Q2 25 | $673.0M | $1.1B | ||
| Q1 25 | $596.3M | $1.1B | ||
| Q4 24 | $562.8M | $1.1B | ||
| Q3 24 | $616.3M | $1.1B | ||
| Q2 24 | $609.6M | $1.1B | ||
| Q1 24 | $621.4M | $1.1B |
总资产AXLPATK
| Q4 25 | $6.7B | $3.1B | ||
| Q3 25 | $5.3B | $3.1B | ||
| Q2 25 | $5.3B | $3.1B | ||
| Q1 25 | $5.1B | $3.2B | ||
| Q4 24 | $5.1B | $3.0B | ||
| Q3 24 | $5.3B | $3.1B | ||
| Q2 24 | $5.3B | $3.0B | ||
| Q1 24 | $5.4B | $3.0B |
负债/权益比AXLPATK
| Q4 25 | 6.31× | 1.10× | ||
| Q3 25 | 3.61× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 4.58× | 1.18× | ||
| 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 | $130.8M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $112.7M |
| 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% | 2.0% |
| 现金转化率经营现金流/净利润 | — | 4.50× |
| 过去12个月自由现金流最近4个季度 | $155.1M | $246.5M |
8季度趋势，按日历期对齐
经营现金流AXLPATK
| Q4 25 | $120.5M | $130.8M | ||
| Q3 25 | $143.3M | $9.1M | ||
| Q2 25 | $91.9M | $149.4M | ||
| Q1 25 | $55.9M | $40.1M | ||
| Q4 24 | $151.2M | $102.7M | ||
| Q3 24 | $143.6M | $51.5M | ||
| Q2 24 | $142.8M | $137.5M | ||
| Q1 24 | $17.8M | $35.2M |
自由现金流AXLPATK
| Q4 25 | $54.7M | $112.7M | ||
| Q3 25 | $79.2M | $-17.2M | ||
| Q2 25 | $34.6M | $131.1M | ||
| Q1 25 | $-13.4M | $19.9M | ||
| Q4 24 | $73.2M | $77.2M | ||
| Q3 24 | $70.4M | $33.7M | ||
| Q2 24 | $94.0M | $120.6M | ||
| Q1 24 | $-30.2M | $19.7M |
自由现金流率AXLPATK
| Q4 25 | 4.0% | 12.2% | ||
| Q3 25 | 5.3% | -1.8% | ||
| Q2 25 | 2.3% | 12.5% | ||
| Q1 25 | -0.9% | 2.0% | ||
| Q4 24 | 5.3% | 9.1% | ||
| Q3 24 | 4.7% | 3.7% | ||
| Q2 24 | 5.8% | 11.9% | ||
| Q1 24 | -1.9% | 2.1% |
资本支出强度AXLPATK
| Q4 25 | 4.8% | 2.0% | ||
| Q3 25 | 4.3% | 2.7% | ||
| Q2 25 | 3.7% | 1.7% | ||
| Q1 25 | 4.9% | 2.0% | ||
| Q4 24 | 5.6% | 3.0% | ||
| Q3 24 | 4.9% | 1.9% | ||
| Q2 24 | 3.0% | 1.7% | ||
| Q1 24 | 3.0% | 1.7% |
现金转化率AXLPATK
| Q4 25 | — | 4.50× | ||
| Q3 25 | 15.58× | 0.26× | ||
| Q2 25 | 2.34× | 4.61× | ||
| Q1 25 | 7.87× | 1.05× | ||
| Q4 24 | — | 7.05× | ||
| Q3 24 | 14.36× | 1.26× | ||
| Q2 24 | 7.85× | 2.87× | ||
| Q1 24 | 0.87× | 1.00× |
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% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
