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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与J.M. Smucker Company (The)（SJM）财务数据对比。点击上方公司名可切换其他公司
J.M. Smucker Company (The)的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的1.7倍（$2.3B vs $1.4B），AMERICAN AXLE & MANUFACTURING HOLDINGS INC净利率更高（-5.4% vs -31.0%，领先25.5%），J.M. Smucker Company (The)同比增速更快（7.0% vs 0.2%），J.M. Smucker Company (The)自由现金流更多（$975.0M vs $54.7M），过去两年J.M. Smucker Company (The)的营收复合增速更高（3.0% 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。
J.M.斯马克公司是美国食品饮料生产企业，总部位于俄亥俄州奥维尔，1897年成立之初主营苹果酱生产，目前旗下设消费食品、宠物食品、咖啡三大业务板块，核心品牌Smucker's主打果酱、花生酱、糖浆、无皮冷冻三明治、冰淇淋顶料等产品。
AXL vs SJM — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2027
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.3B |
| 净利润 | $-75.3M | $-724.2M |
| 毛利率 | 10.2% | 35.4% |
| 营业利润率 | -2.4% | — |
| 净利率 | -5.4% | -31.0% |
| 营收同比 | 0.2% | 7.0% |
| 净利润同比 | -449.6% | -44.3% |
| 每股收益（稀释后） | $-0.62 | — |
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
| Q4 26 | — | $2.3B | ||
| Q4 25 | $1.4B | $2.3B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $2.1B | ||
| Q1 25 | $1.4B | $2.2B | ||
| Q4 24 | $1.4B | $2.3B | ||
| Q3 24 | $1.5B | $2.1B | ||
| Q2 24 | $1.6B | $2.2B |
| Q4 26 | — | $-724.2M | ||
| Q4 25 | $-75.3M | $241.3M | ||
| Q3 25 | $9.2M | $-43.9M | ||
| Q2 25 | $39.3M | $-729.0M | ||
| Q1 25 | $7.1M | $-662.3M | ||
| Q4 24 | $-13.7M | $-24.5M | ||
| Q3 24 | $10.0M | $185.0M | ||
| Q2 24 | $18.2M | $245.1M |
| Q4 26 | — | 35.4% | ||
| Q4 25 | 10.2% | 37.3% | ||
| Q3 25 | 12.6% | 22.5% | ||
| Q2 25 | 13.1% | 38.4% | ||
| Q1 25 | 12.3% | 40.2% | ||
| Q4 24 | 11.2% | 39.0% | ||
| Q3 24 | 11.4% | 37.5% | ||
| Q2 24 | 13.3% | 41.4% |
| Q4 26 | — | — | ||
| Q4 25 | -2.4% | 18.0% | ||
| Q3 25 | 3.2% | 2.2% | ||
| Q2 25 | 3.6% | -27.9% | ||
| Q1 25 | 3.0% | -27.2% | ||
| Q4 24 | 2.6% | 7.5% | ||
| Q3 24 | 2.8% | 16.4% | ||
| Q2 24 | 5.3% | 18.4% |
| Q4 26 | — | -31.0% | ||
| Q4 25 | -5.4% | 10.4% | ||
| Q3 25 | 0.6% | -2.1% | ||
| Q2 25 | 2.6% | -34.0% | ||
| Q1 25 | 0.5% | -30.3% | ||
| Q4 24 | -1.0% | -1.1% | ||
| Q3 24 | 0.7% | 8.7% | ||
| Q2 24 | 1.1% | 11.1% |
| Q4 26 | — | — | ||
| Q4 25 | $-0.62 | $2.26 | ||
| Q3 25 | $0.07 | $-0.41 | ||
| Q2 25 | $0.32 | $-6.86 | ||
| Q1 25 | $0.06 | $-6.22 | ||
| Q4 24 | $-0.11 | $-0.23 | ||
| Q3 24 | $0.08 | $1.74 | ||
| Q2 24 | $0.15 | $2.31 |
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 | $52.8M |
| 总债务越低越好 | $4.0B | $7.3B |
| 股东权益账面价值 | $640.0M | $5.2B |
| 总资产 | $6.7B | $16.3B |
| 负债/权益比越低杠杆越低 | 6.31× | 1.40× |
8季度趋势，按日历期对齐
| Q4 26 | — | $52.8M | ||
| Q4 25 | $708.9M | — | ||
| Q3 25 | $714.1M | — | ||
| Q2 25 | $586.5M | — | ||
| Q1 25 | $549.2M | — | ||
| Q4 24 | $552.9M | — | ||
| Q3 24 | $542.5M | — | ||
| Q2 24 | $519.9M | — |
| Q4 26 | — | $7.3B | ||
| Q4 25 | $4.0B | $7.0B | ||
| Q3 25 | $2.6B | $7.0B | ||
| Q2 25 | $2.6B | $7.0B | ||
| Q1 25 | $2.6B | $7.4B | ||
| Q4 24 | $2.6B | $7.8B | ||
| Q3 24 | $2.6B | $7.8B | ||
| Q2 24 | $2.7B | $7.8B |
| Q4 26 | — | $5.2B | ||
| Q4 25 | $640.0M | $6.1B | ||
| Q3 25 | $718.4M | $5.9B | ||
| Q2 25 | $673.0M | $6.1B | ||
| Q1 25 | $596.3M | $6.9B | ||
| Q4 24 | $562.8M | $7.6B | ||
| Q3 24 | $616.3M | $7.8B | ||
| Q2 24 | $609.6M | $7.7B |
| Q4 26 | — | $16.3B | ||
| Q4 25 | $6.7B | $17.6B | ||
| Q3 25 | $5.3B | $17.7B | ||
| Q2 25 | $5.3B | $17.6B | ||
| Q1 25 | $5.1B | $18.4B | ||
| Q4 24 | $5.1B | $20.0B | ||
| Q3 24 | $5.3B | $20.3B | ||
| Q2 24 | $5.3B | $20.3B |
| Q4 26 | — | 1.40× | ||
| Q4 25 | 6.31× | 1.16× | ||
| Q3 25 | 3.61× | 1.19× | ||
| Q2 25 | 3.86× | 1.16× | ||
| Q1 25 | 4.38× | 1.07× | ||
| Q4 24 | 4.58× | 1.02× | ||
| Q3 24 | 4.28× | 1.00× | ||
| Q2 24 | 4.42× | 1.01× |
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 | $1.3B |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $975.0M |
| 自由现金流率自由现金流/营收 | 4.0% | 41.7% |
| 资本支出强度资本支出/营收 | 4.8% | 13.9% |
| 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 | $1.5B |
8季度趋势，按日历期对齐
| Q4 26 | — | $1.3B | ||
| Q4 25 | $120.5M | $346.5M | ||
| Q3 25 | $143.3M | $-10.6M | ||
| Q2 25 | $91.9M | $393.9M | ||
| Q1 25 | $55.9M | $239.4M | ||
| Q4 24 | $151.2M | $404.2M | ||
| Q3 24 | $143.6M | $172.9M | ||
| Q2 24 | $142.8M | $428.1M |
| Q4 26 | — | $975.0M | ||
| Q4 25 | $54.7M | $280.2M | ||
| Q3 25 | $79.2M | $-94.9M | ||
| Q2 25 | $34.6M | $298.9M | ||
| Q1 25 | $-13.4M | $151.3M | ||
| Q4 24 | $73.2M | $317.2M | ||
| Q3 24 | $70.4M | $49.2M | ||
| Q2 24 | $94.0M | $297.5M |
| Q4 26 | — | 41.7% | ||
| Q4 25 | 4.0% | 12.0% | ||
| Q3 25 | 5.3% | -4.5% | ||
| Q2 25 | 2.3% | 13.9% | ||
| Q1 25 | -0.9% | 6.9% | ||
| Q4 24 | 5.3% | 14.0% | ||
| Q3 24 | 4.7% | 2.3% | ||
| Q2 24 | 5.8% | 13.5% |
| Q4 26 | — | 13.9% | ||
| Q4 25 | 4.8% | 2.8% | ||
| Q3 25 | 4.3% | 4.0% | ||
| Q2 25 | 3.7% | 4.4% | ||
| Q1 25 | 4.9% | 4.0% | ||
| Q4 24 | 5.6% | 3.8% | ||
| Q3 24 | 4.9% | 5.8% | ||
| Q2 24 | 3.0% | 5.9% |
| Q4 26 | — | — | ||
| Q4 25 | — | 1.44× | ||
| Q3 25 | 15.58× | — | ||
| Q2 25 | 2.34× | — | ||
| Q1 25 | 7.87× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 14.36× | 0.93× | ||
| Q2 24 | 7.85× | 1.75× |
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% |
SJM
| U.S. Retail Coffee | $908.2M | 39% |
| U.S. Retail Frozen Handheld and Spreads | $454.0M | 19% |
| U.S. Retail Pet Foods | $417.1M | 18% |
| International and Away From Home | $335.3M | 14% |
| Sweet Baked Snacks | $224.8M | 10% |
