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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与Primo Brands Corp（PRMB）财务数据对比。点击上方公司名可切换其他公司
Primo Brands Corp的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.1倍（$1.6B vs $1.4B），Primo Brands Corp净利率更高（-0.8% vs -5.4%，领先4.6%），Primo Brands Corp自由现金流更多（$57.3M vs $54.7M）
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。
Primo Brands Corp是一家美加合资饮用水企业，主营多规格桶装水、饮水机、自助补水设备及净水家电，总部位于美国佛罗里达州坦帕市，服务覆盖美国、加拿大、欧洲及以色列的住宅与商业客户。
AXL vs PRMB — 直观对比
营收规模更大
PRMB
是对方的1.1倍
$1.4B
净利率更高
PRMB
高出4.6%
-5.4%
自由现金流更多
PRMB
多$2.6M
$54.7M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.6B |
| 净利润 | $-75.3M | $-13.0M |
| 毛利率 | 10.2% | 27.7% |
| 营业利润率 | -2.4% | 1.2% |
| 净利率 | -5.4% | -0.8% |
| 营收同比 | 0.2% | — |
| 净利润同比 | -449.6% | — |
| 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AXLPRMB
| Q4 25 | $1.4B | $1.6B | ||
| Q3 25 | $1.5B | $1.8B | ||
| Q2 25 | $1.5B | $1.7B | ||
| Q1 25 | $1.4B | $1.6B | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $0 | ||
| Q2 24 | $1.6B | $1.3B | ||
| Q1 24 | $1.6B | $1.1B |
净利润AXLPRMB
| Q4 25 | $-75.3M | $-13.0M | ||
| Q3 25 | $9.2M | $16.8M | ||
| Q2 25 | $39.3M | $27.6M | ||
| Q1 25 | $7.1M | $28.7M | ||
| Q4 24 | $-13.7M | — | ||
| Q3 24 | $10.0M | $-2.0K | ||
| Q2 24 | $18.2M | $54.5M | ||
| Q1 24 | $20.5M | $33.5M |
毛利率AXLPRMB
| Q4 25 | 10.2% | 27.7% | ||
| Q3 25 | 12.6% | 29.9% | ||
| Q2 25 | 13.1% | 31.3% | ||
| Q1 25 | 12.3% | 32.3% | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 13.3% | 32.7% | ||
| Q1 24 | 12.4% | 30.4% |
营业利润率AXLPRMB
| Q4 25 | -2.4% | 1.2% | ||
| Q3 25 | 3.2% | 8.3% | ||
| Q2 25 | 3.6% | 6.5% | ||
| Q1 25 | 3.0% | 9.5% | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | — | ||
| Q2 24 | 5.3% | 12.1% | ||
| Q1 24 | 4.8% | 11.0% |
净利率AXLPRMB
| Q4 25 | -5.4% | -0.8% | ||
| Q3 25 | 0.6% | 1.0% | ||
| Q2 25 | 2.6% | 1.6% | ||
| Q1 25 | 0.5% | 1.8% | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 1.1% | 4.1% | ||
| Q1 24 | 1.3% | 2.9% |
每股收益（稀释后）AXLPRMB
| Q4 25 | $-0.62 | $-0.03 | ||
| Q3 25 | $0.07 | $0.04 | ||
| Q2 25 | $0.32 | $0.07 | ||
| Q1 25 | $0.06 | $0.08 | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.08 | $-20.00 | ||
| Q2 24 | $0.15 | $0.25 | ||
| Q1 24 | $0.17 | $0.15 |
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 | $376.7M |
| 总债务越低越好 | $4.0B | $5.2B |
| 股东权益账面价值 | $640.0M | $3.0B |
| 总资产 | $6.7B | $10.6B |
| 负债/权益比越低杠杆越低 | 6.31× | 1.72× |
8季度趋势，按日历期对齐
现金及短期投资AXLPRMB
| Q4 25 | $708.9M | $376.7M | ||
| Q3 25 | $714.1M | — | ||
| Q2 25 | $586.5M | — | ||
| Q1 25 | $549.2M | — | ||
| Q4 24 | $552.9M | — | ||
| Q3 24 | $542.5M | — | ||
| Q2 24 | $519.9M | — | ||
| Q1 24 | $469.8M | — |
总债务AXLPRMB
| Q4 25 | $4.0B | $5.2B | ||
| Q3 25 | $2.6B | $5.1B | ||
| Q2 25 | $2.6B | $5.1B | ||
| Q1 25 | $2.6B | $5.0B | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.7B | — | ||
| Q1 24 | $2.7B | — |
股东权益AXLPRMB
| Q4 25 | $640.0M | $3.0B | ||
| Q3 25 | $718.4M | $3.2B | ||
| Q2 25 | $673.0M | $3.2B | ||
| Q1 25 | $596.3M | $3.3B | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | $-2.0K | ||
| Q2 24 | $609.6M | $-296.8M | ||
| Q1 24 | $621.4M | $-349.8M |
总资产AXLPRMB
| Q4 25 | $6.7B | $10.6B | ||
| Q3 25 | $5.3B | $11.0B | ||
| Q2 25 | $5.3B | $11.0B | ||
| Q1 25 | $5.1B | $11.0B | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | $0 | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.4B | — |
负债/权益比AXLPRMB
| Q4 25 | 6.31× | 1.72× | ||
| Q3 25 | 3.61× | 1.61× | ||
| Q2 25 | 3.86× | 1.57× | ||
| Q1 25 | 4.38× | 1.51× | ||
| 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 | $203.1M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $57.3M |
| 自由现金流率自由现金流/营收 | 4.0% | 3.7% |
| 资本支出强度资本支出/营收 | 4.8% | 9.4% |
| 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 | $302.9M |
8季度趋势，按日历期对齐
经营现金流AXLPRMB
| Q4 25 | $120.5M | $203.1M | ||
| Q3 25 | $143.3M | $283.4M | ||
| Q2 25 | $91.9M | $155.0M | ||
| Q1 25 | $55.9M | $38.8M | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $143.6M | $0 | ||
| Q2 24 | $142.8M | $102.5M | ||
| Q1 24 | $17.8M | $6.0M |
自由现金流AXLPRMB
| Q4 25 | $54.7M | $57.3M | ||
| Q3 25 | $79.2M | $167.7M | ||
| Q2 25 | $34.6M | $101.1M | ||
| Q1 25 | $-13.4M | $-23.2M | ||
| Q4 24 | $73.2M | — | ||
| Q3 24 | $70.4M | — | ||
| Q2 24 | $94.0M | $61.4M | ||
| Q1 24 | $-30.2M | $-17.5M |
自由现金流率AXLPRMB
| Q4 25 | 4.0% | 3.7% | ||
| Q3 25 | 5.3% | 9.5% | ||
| Q2 25 | 2.3% | 5.8% | ||
| Q1 25 | -0.9% | -1.4% | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.8% | 4.7% | ||
| Q1 24 | -1.9% | -1.5% |
资本支出强度AXLPRMB
| Q4 25 | 4.8% | 9.4% | ||
| Q3 25 | 4.3% | 6.6% | ||
| Q2 25 | 3.7% | 3.1% | ||
| Q1 25 | 4.9% | 3.8% | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 3.0% | 3.1% | ||
| Q1 24 | 3.0% | 2.1% |
现金转化率AXLPRMB
| Q4 25 | — | — | ||
| Q3 25 | 15.58× | 16.87× | ||
| Q2 25 | 2.34× | 5.62× | ||
| Q1 25 | 7.87× | 1.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | — | ||
| Q2 24 | 7.85× | 1.88× | ||
| Q1 24 | 0.87× | 0.18× |
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% |
PRMB
| Regional Spring Water | $765.1M | 49% |
| Purified Water | $484.5M | 31% |
| Other | $188.4M | 12% |
| Premium Water | $90.3M | 6% |
| Other Water | $25.8M | 2% |
