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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与Qnity Electronics, Inc.（Q）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Qnity Electronics, Inc.的1.1倍（$1.4B vs $1.3B），Qnity Electronics, Inc.净利率更高（16.5% vs -5.4%，领先22.0%），Qnity Electronics, Inc.同比增速更快（11.1% vs 0.2%），Qnity Electronics, Inc.自由现金流更多（$568.0M 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。
AXL vs Q — 直观对比
营收规模更大
AXL
是对方的1.1倍
$1.3B
营收增速更快
Q
高出10.9%
0.2%
净利率更高
Q
高出22.0%
-5.4%
自由现金流更多
Q
多$513.3M
$54.7M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.3B |
| 净利润 | $-75.3M | $211.0M |
| 毛利率 | 10.2% | 45.1% |
| 营业利润率 | -2.4% | 21.3% |
| 净利率 | -5.4% | 16.5% |
| 营收同比 | 0.2% | 11.1% |
| 净利润同比 | -449.6% | 6.0% |
| 每股收益（稀释后） | $-0.62 | $1.01 |
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AXLQ
| Q4 25 | $1.4B | — | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | — | ||
| Q1 25 | $1.4B | — | ||
| Q4 24 | $1.4B | — | ||
| Q3 24 | $1.5B | $1.1B | ||
| Q2 24 | $1.6B | — | ||
| Q1 24 | $1.6B | — |
净利润AXLQ
| Q4 25 | $-75.3M | — | ||
| Q3 25 | $9.2M | $211.0M | ||
| Q2 25 | $39.3M | — | ||
| Q1 25 | $7.1M | — | ||
| Q4 24 | $-13.7M | — | ||
| Q3 24 | $10.0M | $199.0M | ||
| Q2 24 | $18.2M | — | ||
| Q1 24 | $20.5M | — |
毛利率AXLQ
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.6% | 45.1% | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 11.4% | 47.0% | ||
| Q2 24 | 13.3% | — | ||
| Q1 24 | 12.4% | — |
营业利润率AXLQ
| Q4 25 | -2.4% | — | ||
| Q3 25 | 3.2% | 21.3% | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | 3.0% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 2.8% | 21.8% | ||
| Q2 24 | 5.3% | — | ||
| Q1 24 | 4.8% | — |
净利率AXLQ
| Q4 25 | -5.4% | — | ||
| Q3 25 | 0.6% | 16.5% | ||
| Q2 25 | 2.6% | — | ||
| Q1 25 | 0.5% | — | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 0.7% | 17.3% | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 1.3% | — |
每股收益（稀释后）AXLQ
| Q4 25 | $-0.62 | — | ||
| Q3 25 | $0.07 | $1.01 | ||
| Q2 25 | $0.32 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $0.08 | $0.95 | ||
| Q2 24 | $0.15 | — | ||
| Q1 24 | $0.17 | — |
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 | $128.0M |
| 总债务越低越好 | $4.0B | $1.7B |
| 股东权益账面价值 | $640.0M | $9.1B |
| 总资产 | $6.7B | $12.5B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资AXLQ
| Q4 25 | $708.9M | — | ||
| Q3 25 | $714.1M | $128.0M | ||
| 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AXLQ
| Q4 25 | $4.0B | — | ||
| Q3 25 | $2.6B | $1.7B | ||
| 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AXLQ
| Q4 25 | $640.0M | — | ||
| Q3 25 | $718.4M | $9.1B | ||
| Q2 25 | $673.0M | — | ||
| Q1 25 | $596.3M | — | ||
| Q4 24 | $562.8M | — | ||
| Q3 24 | $616.3M | $11.1B | ||
| Q2 24 | $609.6M | — | ||
| Q1 24 | $621.4M | — |
总资产AXLQ
| Q4 25 | $6.7B | — | ||
| Q3 25 | $5.3B | $12.5B | ||
| Q2 25 | $5.3B | — | ||
| Q1 25 | $5.1B | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | $5.3B | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | $5.4B | — |
负债/权益比AXLQ
| Q4 25 | 6.31× | — | ||
| Q3 25 | 3.61× | 0.19× | ||
| 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 | $782.0M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $568.0M |
| 自由现金流率自由现金流/营收 | 4.0% | 44.5% |
| 资本支出强度资本支出/营收 | 4.8% | 16.8% |
| 现金转化率经营现金流/净利润 | — | 3.71× |
| 过去12个月自由现金流最近4个季度 | $155.1M | — |
8季度趋势，按日历期对齐
经营现金流AXLQ
| Q4 25 | $120.5M | — | ||
| Q3 25 | $143.3M | $782.0M | ||
| Q2 25 | $91.9M | — | ||
| Q1 25 | $55.9M | — | ||
| Q4 24 | $151.2M | — | ||
| Q3 24 | $143.6M | — | ||
| Q2 24 | $142.8M | — | ||
| Q1 24 | $17.8M | — |
自由现金流AXLQ
| Q4 25 | $54.7M | — | ||
| Q3 25 | $79.2M | $568.0M | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $-13.4M | — | ||
| Q4 24 | $73.2M | — | ||
| Q3 24 | $70.4M | — | ||
| Q2 24 | $94.0M | — | ||
| Q1 24 | $-30.2M | — |
自由现金流率AXLQ
| Q4 25 | 4.0% | — | ||
| Q3 25 | 5.3% | 44.5% | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | -1.9% | — |
资本支出强度AXLQ
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.3% | 16.8% | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 3.0% | — | ||
| Q1 24 | 3.0% | — |
现金转化率AXLQ
| Q4 25 | — | — | ||
| Q3 25 | 15.58× | 3.71× | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | — | ||
| Q2 24 | 7.85× | — | ||
| 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% |
Q
| Semiconductor Technologies | $693.0M | 54% |
| Interconnect Solutions | $583.0M | 46% |
