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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与泰瑞达（TER）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的季度营收约是泰瑞达的1.1倍（$1.4B vs $1.3B），泰瑞达净利率更高（31.1% vs -5.4%，领先36.5%），泰瑞达同比增速更快（87.0% vs 0.2%），过去两年泰瑞达的营收复合增速更高（32.6% 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。
泰瑞达是总部位于美国马萨诸塞州北雷丁的自动测试设备（ATE）设计及制造企业，在全球半导体测试领域拥有深厚技术积累，服务的知名客户涵盖三星、高通、英特尔、亚德诺、德州仪器、IBM等行业头部企业。
AXL vs TER — 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
TER
高出86.8%
0.2%
净利率更高
TER
高出36.5%
-5.4%
两年增速更快
TER
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.3B |
| 净利润 | $-75.3M | $398.9M |
| 毛利率 | 10.2% | 60.9% |
| 营业利润率 | -2.4% | 36.9% |
| 净利率 | -5.4% | 31.1% |
| 营收同比 | 0.2% | 87.0% |
| 净利润同比 | -449.6% | — |
| 每股收益（稀释后） | $-0.62 | $2.53 |
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AXLTER
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.4B | $1.1B | ||
| Q3 25 | $1.5B | $769.2M | ||
| Q2 25 | $1.5B | $651.8M | ||
| Q1 25 | $1.4B | $685.7M | ||
| Q4 24 | $1.4B | $752.9M | ||
| Q3 24 | $1.5B | $737.3M | ||
| Q2 24 | $1.6B | $729.9M |
净利润AXLTER
| Q1 26 | — | $398.9M | ||
| Q4 25 | $-75.3M | $257.2M | ||
| Q3 25 | $9.2M | $119.6M | ||
| Q2 25 | $39.3M | $78.4M | ||
| Q1 25 | $7.1M | $98.9M | ||
| Q4 24 | $-13.7M | $146.3M | ||
| Q3 24 | $10.0M | $145.6M | ||
| Q2 24 | $18.2M | $186.3M |
毛利率AXLTER
| Q1 26 | — | 60.9% | ||
| Q4 25 | 10.2% | 57.2% | ||
| Q3 25 | 12.6% | 58.4% | ||
| Q2 25 | 13.1% | 57.2% | ||
| Q1 25 | 12.3% | 60.6% | ||
| Q4 24 | 11.2% | 59.4% | ||
| Q3 24 | 11.4% | 59.2% | ||
| Q2 24 | 13.3% | 58.3% |
营业利润率AXLTER
| Q1 26 | — | 36.9% | ||
| Q4 25 | -2.4% | 27.1% | ||
| Q3 25 | 3.2% | 18.9% | ||
| Q2 25 | 3.6% | 13.9% | ||
| Q1 25 | 3.0% | 17.6% | ||
| Q4 24 | 2.6% | 20.4% | ||
| Q3 24 | 2.8% | 20.6% | ||
| Q2 24 | 5.3% | 28.8% |
净利率AXLTER
| Q1 26 | — | 31.1% | ||
| Q4 25 | -5.4% | 23.7% | ||
| Q3 25 | 0.6% | 15.5% | ||
| Q2 25 | 2.6% | 12.0% | ||
| Q1 25 | 0.5% | 14.4% | ||
| Q4 24 | -1.0% | 19.4% | ||
| Q3 24 | 0.7% | 19.8% | ||
| Q2 24 | 1.1% | 25.5% |
每股收益（稀释后）AXLTER
| Q1 26 | — | $2.53 | ||
| Q4 25 | $-0.62 | $1.62 | ||
| Q3 25 | $0.07 | $0.75 | ||
| Q2 25 | $0.32 | $0.49 | ||
| Q1 25 | $0.06 | $0.61 | ||
| Q4 24 | $-0.11 | $0.89 | ||
| Q3 24 | $0.08 | $0.89 | ||
| Q2 24 | $0.15 | $1.14 |
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 | $241.9M |
| 总债务越低越好 | $4.0B | $0 |
| 股东权益账面价值 | $640.0M | — |
| 总资产 | $6.7B | $4.4B |
| 负债/权益比越低杠杆越低 | 6.31× | — |
8季度趋势，按日历期对齐
现金及短期投资AXLTER
| Q1 26 | — | $241.9M | ||
| Q4 25 | $708.9M | $293.8M | ||
| Q3 25 | $714.1M | $272.7M | ||
| Q2 25 | $586.5M | $339.3M | ||
| Q1 25 | $549.2M | $475.6M | ||
| Q4 24 | $552.9M | $553.4M | ||
| Q3 24 | $542.5M | $510.0M | ||
| Q2 24 | $519.9M | $421.9M |
总债务AXLTER
| Q1 26 | — | $0 | ||
| Q4 25 | $4.0B | — | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.6B | — | ||
| Q1 25 | $2.6B | — | ||
| Q4 24 | $2.6B | — | ||
| Q3 24 | $2.6B | — | ||
| Q2 24 | $2.7B | — |
股东权益AXLTER
| Q1 26 | — | — | ||
| Q4 25 | $640.0M | $2.8B | ||
| Q3 25 | $718.4M | $2.7B | ||
| Q2 25 | $673.0M | $2.8B | ||
| Q1 25 | $596.3M | $2.8B | ||
| Q4 24 | $562.8M | $2.8B | ||
| Q3 24 | $616.3M | $2.9B | ||
| Q2 24 | $609.6M | $2.7B |
总资产AXLTER
| Q1 26 | — | $4.4B | ||
| Q4 25 | $6.7B | $4.2B | ||
| Q3 25 | $5.3B | $4.0B | ||
| Q2 25 | $5.3B | $3.8B | ||
| Q1 25 | $5.1B | $3.7B | ||
| Q4 24 | $5.1B | $3.7B | ||
| Q3 24 | $5.3B | $3.8B | ||
| Q2 24 | $5.3B | $3.6B |
负债/权益比AXLTER
| Q1 26 | — | — | ||
| Q4 25 | 6.31× | — | ||
| Q3 25 | 3.61× | — | ||
| Q2 25 | 3.86× | — | ||
| Q1 25 | 4.38× | — | ||
| Q4 24 | 4.58× | — | ||
| Q3 24 | 4.28× | — | ||
| Q2 24 | 4.42× | — |
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 | $265.1M |
| 自由现金流经营现金流 - 资本支出 | $54.7M | — |
| 自由现金流率自由现金流/营收 | 4.0% | — |
| 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 | — | 0.66× |
| 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AXLTER
| Q1 26 | — | $265.1M | ||
| Q4 25 | $120.5M | $281.6M | ||
| Q3 25 | $143.3M | $49.0M | ||
| Q2 25 | $91.9M | $182.1M | ||
| Q1 25 | $55.9M | $161.6M | ||
| Q4 24 | $151.2M | $282.6M | ||
| Q3 24 | $143.6M | $166.3M | ||
| Q2 24 | $142.8M | $216.1M |
自由现金流AXLTER
| Q1 26 | — | — | ||
| Q4 25 | $54.7M | $218.8M | ||
| Q3 25 | $79.2M | $2.4M | ||
| Q2 25 | $34.6M | $131.7M | ||
| Q1 25 | $-13.4M | $97.6M | ||
| Q4 24 | $73.2M | $225.2M | ||
| Q3 24 | $70.4M | $114.4M | ||
| Q2 24 | $94.0M | $171.2M |
自由现金流率AXLTER
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | 20.2% | ||
| Q3 25 | 5.3% | 0.3% | ||
| Q2 25 | 2.3% | 20.2% | ||
| Q1 25 | -0.9% | 14.2% | ||
| Q4 24 | 5.3% | 29.9% | ||
| Q3 24 | 4.7% | 15.5% | ||
| Q2 24 | 5.8% | 23.5% |
资本支出强度AXLTER
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 5.8% | ||
| Q3 25 | 4.3% | 6.1% | ||
| Q2 25 | 3.7% | 7.7% | ||
| Q1 25 | 4.9% | 9.3% | ||
| Q4 24 | 5.6% | 7.6% | ||
| Q3 24 | 4.9% | 7.0% | ||
| Q2 24 | 3.0% | 6.1% |
现金转化率AXLTER
| Q1 26 | — | 0.66× | ||
| Q4 25 | — | 1.09× | ||
| Q3 25 | 15.58× | 0.41× | ||
| Q2 25 | 2.34× | 2.32× | ||
| Q1 25 | 7.87× | 1.63× | ||
| Q4 24 | — | 1.93× | ||
| Q3 24 | 14.36× | 1.14× | ||
| Q2 24 | 7.85× | 1.16× |
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% |
TER
暂无分部数据
