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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与摩森康胜饮品公司（TAP）财务数据对比。点击上方公司名可切换其他公司
摩森康胜饮品公司的季度营收约是AMERICAN AXLE & MANUFACTURING HOLDINGS INC的2.0倍（$2.7B vs $1.4B），摩森康胜饮品公司净利率更高（5.5% vs -5.4%，领先11.0%），摩森康胜饮品公司同比增速更快（2.0% vs 0.2%），AMERICAN AXLE & MANUFACTURING HOLDINGS INC自由现金流更多（$54.7M vs $-212.9M），过去两年AMERICAN AXLE & MANUFACTURING HOLDINGS INC的营收复合增速更高（-7.2% vs -15.8%）
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。
摩森康胜饮品公司是一家美加合资的跨国饮料酿造企业，旗下拥有多款知名酒精及非酒精饮品产品线，业务覆盖全球多个国家和地区，目前在伊利诺伊州芝加哥与魁北克省蒙特利尔设有双总部。
AXL vs TAP — 直观对比
营收规模更大
TAP
是对方的2.0倍
$1.4B
营收增速更快
TAP
高出1.8%
0.2%
净利率更高
TAP
高出11.0%
-5.4%
自由现金流更多
AXL
多$267.6M
$-212.9M
两年增速更快
AXL
近两年复合增速
-15.8%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $2.7B |
| 净利润 | $-75.3M | $150.1M |
| 毛利率 | 10.2% | 33.0% |
| 营业利润率 | -2.4% | — |
| 净利率 | -5.4% | 5.5% |
| 营收同比 | 0.2% | 2.0% |
| 净利润同比 | -449.6% | 25.0% |
| 每股收益（稀释后） | $-0.62 | $0.80 |
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AXLTAP
| Q1 26 | — | $2.7B | ||
| Q4 25 | $1.4B | $3.1B | ||
| Q3 25 | $1.5B | $3.5B | ||
| Q2 25 | $1.5B | $3.7B | ||
| Q1 25 | $1.4B | $2.7B | ||
| Q4 24 | $1.4B | $3.2B | ||
| Q3 24 | $1.5B | $3.6B | ||
| Q2 24 | $1.6B | $3.8B |
净利润AXLTAP
| Q1 26 | — | $150.1M | ||
| Q4 25 | $-75.3M | $238.3M | ||
| Q3 25 | $9.2M | $-2.9B | ||
| Q2 25 | $39.3M | $428.7M | ||
| Q1 25 | $7.1M | $121.0M | ||
| Q4 24 | $-13.7M | $287.8M | ||
| Q3 24 | $10.0M | $199.8M | ||
| Q2 24 | $18.2M | $427.0M |
毛利率AXLTAP
| Q1 26 | — | 33.0% | ||
| Q4 25 | 10.2% | 31.0% | ||
| Q3 25 | 12.6% | 33.7% | ||
| Q2 25 | 13.1% | 34.3% | ||
| Q1 25 | 12.3% | 31.6% | ||
| Q4 24 | 11.2% | 32.0% | ||
| Q3 24 | 11.4% | 33.4% | ||
| Q2 24 | 13.3% | 34.6% |
营业利润率AXLTAP
| Q1 26 | — | — | ||
| Q4 25 | -2.4% | 10.4% | ||
| Q3 25 | 3.2% | -98.5% | ||
| Q2 25 | 3.6% | 15.6% | ||
| Q1 25 | 3.0% | 6.9% | ||
| Q4 24 | 2.6% | 12.0% | ||
| Q3 24 | 2.8% | 12.5% | ||
| Q2 24 | 5.3% | 15.6% |
净利率AXLTAP
| Q1 26 | — | 5.5% | ||
| Q4 25 | -5.4% | 7.6% | ||
| Q3 25 | 0.6% | -84.0% | ||
| Q2 25 | 2.6% | 11.5% | ||
| Q1 25 | 0.5% | 4.5% | ||
| Q4 24 | -1.0% | 8.9% | ||
| Q3 24 | 0.7% | 5.5% | ||
| Q2 24 | 1.1% | 11.1% |
每股收益（稀释后）AXLTAP
| Q1 26 | — | $0.80 | ||
| Q4 25 | $-0.62 | $1.32 | ||
| Q3 25 | $0.07 | $-14.79 | ||
| Q2 25 | $0.32 | $2.13 | ||
| Q1 25 | $0.06 | $0.59 | ||
| Q4 24 | $-0.11 | $1.39 | ||
| Q3 24 | $0.08 | $0.96 | ||
| Q2 24 | $0.15 | $2.03 |
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 | $382.6M |
| 总债务越低越好 | $4.0B | $3.8B |
| 股东权益账面价值 | $640.0M | $10.3B |
| 总资产 | $6.7B | $22.4B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.38× |
8季度趋势，按日历期对齐
现金及短期投资AXLTAP
| Q1 26 | — | $382.6M | ||
| Q4 25 | $708.9M | $896.5M | ||
| Q3 25 | $714.1M | $950.2M | ||
| Q2 25 | $586.5M | $613.8M | ||
| Q1 25 | $549.2M | $412.7M | ||
| Q4 24 | $552.9M | $969.3M | ||
| Q3 24 | $542.5M | $1.0B | ||
| Q2 24 | $519.9M | $1.6B |
总债务AXLTAP
| Q1 26 | — | $3.8B | ||
| Q4 25 | $4.0B | $6.3B | ||
| Q3 25 | $2.6B | $6.3B | ||
| Q2 25 | $2.6B | $6.3B | ||
| Q1 25 | $2.6B | $6.2B | ||
| Q4 24 | $2.6B | $6.1B | ||
| Q3 24 | $2.6B | $6.2B | ||
| Q2 24 | $2.7B | $7.0B |
股东权益AXLTAP
| Q1 26 | — | $10.3B | ||
| Q4 25 | $640.0M | $10.2B | ||
| Q3 25 | $718.4M | $10.3B | ||
| Q2 25 | $673.0M | $13.4B | ||
| Q1 25 | $596.3M | $13.1B | ||
| Q4 24 | $562.8M | $13.1B | ||
| Q3 24 | $616.3M | $13.3B | ||
| Q2 24 | $609.6M | $13.2B |
总资产AXLTAP
| Q1 26 | — | $22.4B | ||
| Q4 25 | $6.7B | $22.7B | ||
| Q3 25 | $5.3B | $22.9B | ||
| Q2 25 | $5.3B | $26.8B | ||
| Q1 25 | $5.1B | $25.9B | ||
| Q4 24 | $5.1B | $26.1B | ||
| Q3 24 | $5.3B | $26.6B | ||
| Q2 24 | $5.3B | $27.4B |
负债/权益比AXLTAP
| Q1 26 | — | 0.38× | ||
| Q4 25 | 6.31× | 0.61× | ||
| Q3 25 | 3.61× | 0.61× | ||
| Q2 25 | 3.86× | 0.47× | ||
| Q1 25 | 4.38× | 0.47× | ||
| Q4 24 | 4.58× | 0.47× | ||
| Q3 24 | 4.28× | 0.47× | ||
| Q2 24 | 4.42× | 0.53× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $54.7M | $-212.9M |
| 自由现金流率自由现金流/营收 | 4.0% | -7.8% |
| 资本支出强度资本支出/营收 | 4.8% | — |
| 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 | $1.2B |
8季度趋势，按日历期对齐
经营现金流AXLTAP
| Q1 26 | — | — | ||
| Q4 25 | $120.5M | $540.7M | ||
| Q3 25 | $143.3M | $616.1M | ||
| Q2 25 | $91.9M | $718.3M | ||
| Q1 25 | $55.9M | $-90.7M | ||
| Q4 24 | $151.2M | $494.5M | ||
| Q3 24 | $143.6M | $521.2M | ||
| Q2 24 | $142.8M | $869.2M |
自由现金流AXLTAP
| Q1 26 | — | $-212.9M | ||
| Q4 25 | $54.7M | $357.8M | ||
| Q3 25 | $79.2M | $483.0M | ||
| Q2 25 | $34.6M | $555.0M | ||
| Q1 25 | $-13.4M | $-328.0M | ||
| Q4 24 | $73.2M | $383.4M | ||
| Q3 24 | $70.4M | $350.4M | ||
| Q2 24 | $94.0M | $691.7M |
自由现金流率AXLTAP
| Q1 26 | — | -7.8% | ||
| Q4 25 | 4.0% | 11.4% | ||
| Q3 25 | 5.3% | 13.9% | ||
| Q2 25 | 2.3% | 14.8% | ||
| Q1 25 | -0.9% | -12.2% | ||
| Q4 24 | 5.3% | 11.8% | ||
| Q3 24 | 4.7% | 9.7% | ||
| Q2 24 | 5.8% | 18.0% |
资本支出强度AXLTAP
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 5.9% | ||
| Q3 25 | 4.3% | 3.8% | ||
| Q2 25 | 3.7% | 4.4% | ||
| Q1 25 | 4.9% | 8.8% | ||
| Q4 24 | 5.6% | 3.4% | ||
| Q3 24 | 4.9% | 4.7% | ||
| Q2 24 | 3.0% | 4.6% |
现金转化率AXLTAP
| Q1 26 | — | — | ||
| Q4 25 | — | 2.27× | ||
| Q3 25 | 15.58× | — | ||
| Q2 25 | 2.34× | 1.68× | ||
| Q1 25 | 7.87× | -0.75× | ||
| Q4 24 | — | 1.72× | ||
| Q3 24 | 14.36× | 2.61× | ||
| Q2 24 | 7.85× | 2.04× |
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% |
TAP
暂无分部数据
