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AMERICAN AXLE & MANUFACTURING HOLDINGS INC（AXL）与WESTERN ALLIANCE BANCORPORATION（WAL）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WESTERN ALLIANCE BANCORPORATION的1.4倍（$1.4B vs $1.0B），WESTERN ALLIANCE BANCORPORATION净利率更高（18.6% vs -5.4%，领先24.0%），WESTERN ALLIANCE BANCORPORATION同比增速更快（31.0% vs 0.2%），过去两年WESTERN ALLIANCE BANCORPORATION的营收复合增速更高（14.9% 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。
Western Alliance Bancorporation是总部位于美国菲尼克斯的区域性银行控股公司，长期深耕美国本土区域金融服务市场，目前已跻身美国最大银行行列，在福布斯发布的美国最佳银行榜单中排名第97位。
AXL vs WAL — 直观对比
营收规模更大
AXL
是对方的1.4倍
$1.0B
营收增速更快
WAL
高出30.7%
0.2%
净利率更高
WAL
高出24.0%
-5.4%
两年增速更快
WAL
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $1.0B |
| 净利润 | $-75.3M | $189.2M |
| 毛利率 | 10.2% | — |
| 营业利润率 | -2.4% | — |
| 净利率 | -5.4% | 18.6% |
| 营收同比 | 0.2% | 31.0% |
| 净利润同比 | -449.6% | -5.0% |
| 每股收益（稀释后） | $-0.62 | $1.65 |
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AXLWAL
| Q1 26 | — | $1.0B | ||
| Q4 25 | $1.4B | $980.9M | ||
| Q3 25 | $1.5B | $938.2M | ||
| Q2 25 | $1.5B | $845.9M | ||
| Q1 25 | $1.4B | $778.0M | ||
| Q4 24 | $1.4B | $838.4M | ||
| Q3 24 | $1.5B | $823.1M | ||
| Q2 24 | $1.6B | $771.8M |
净利润AXLWAL
| Q1 26 | — | $189.2M | ||
| Q4 25 | $-75.3M | $286.1M | ||
| Q3 25 | $9.2M | $253.4M | ||
| Q2 25 | $39.3M | $230.4M | ||
| Q1 25 | $7.1M | $199.1M | ||
| Q4 24 | $-13.7M | $216.9M | ||
| Q3 24 | $10.0M | $199.8M | ||
| Q2 24 | $18.2M | $193.6M |
毛利率AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | 10.2% | — | ||
| Q3 25 | 12.6% | — | ||
| Q2 25 | 13.1% | — | ||
| Q1 25 | 12.3% | — | ||
| Q4 24 | 11.2% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 13.3% | — |
营业利润率AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | -2.4% | 36.3% | ||
| Q3 25 | 3.2% | 33.4% | ||
| Q2 25 | 3.6% | 34.4% | ||
| Q1 25 | 3.0% | 31.7% | ||
| Q4 24 | 2.6% | 30.9% | ||
| Q3 24 | 2.8% | 30.6% | ||
| Q2 24 | 5.3% | 32.1% |
净利率AXLWAL
| Q1 26 | — | 18.6% | ||
| Q4 25 | -5.4% | 29.2% | ||
| Q3 25 | 0.6% | 27.0% | ||
| Q2 25 | 2.6% | 27.2% | ||
| Q1 25 | 0.5% | 25.6% | ||
| Q4 24 | -1.0% | 25.9% | ||
| Q3 24 | 0.7% | 24.3% | ||
| Q2 24 | 1.1% | 25.1% |
每股收益（稀释后）AXLWAL
| Q1 26 | — | $1.65 | ||
| Q4 25 | $-0.62 | $2.59 | ||
| Q3 25 | $0.07 | $2.28 | ||
| Q2 25 | $0.32 | $2.07 | ||
| Q1 25 | $0.06 | $1.79 | ||
| Q4 24 | $-0.11 | $1.94 | ||
| Q3 24 | $0.08 | $1.80 | ||
| Q2 24 | $0.15 | $1.75 |
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 | — |
| 总债务越低越好 | $4.0B | $4.3B |
| 股东权益账面价值 | $640.0M | $7.9B |
| 总资产 | $6.7B | $98.9B |
| 负债/权益比越低杠杆越低 | 6.31× | 0.54× |
8季度趋势，按日历期对齐
现金及短期投资AXLWAL
| Q1 26 | — | — | ||
| 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 | — |
总债务AXLWAL
| Q1 26 | — | $4.3B | ||
| Q4 25 | $4.0B | $1.4B | ||
| Q3 25 | $2.6B | $2.9B | ||
| Q2 25 | $2.6B | $2.9B | ||
| Q1 25 | $2.6B | $1.6B | ||
| Q4 24 | $2.6B | $2.4B | ||
| Q3 24 | $2.6B | $1.4B | ||
| Q2 24 | $2.7B | $436.0M |
股东权益AXLWAL
| Q1 26 | — | $7.9B | ||
| Q4 25 | $640.0M | $7.7B | ||
| Q3 25 | $718.4M | $7.4B | ||
| Q2 25 | $673.0M | $7.1B | ||
| Q1 25 | $596.3M | $6.9B | ||
| Q4 24 | $562.8M | $6.7B | ||
| Q3 24 | $616.3M | $6.7B | ||
| Q2 24 | $609.6M | $6.3B |
总资产AXLWAL
| Q1 26 | — | $98.9B | ||
| Q4 25 | $6.7B | $92.8B | ||
| Q3 25 | $5.3B | $91.0B | ||
| Q2 25 | $5.3B | $86.7B | ||
| Q1 25 | $5.1B | $83.0B | ||
| Q4 24 | $5.1B | $80.9B | ||
| Q3 24 | $5.3B | $80.1B | ||
| Q2 24 | $5.3B | $80.6B |
负债/权益比AXLWAL
| Q1 26 | — | 0.54× | ||
| Q4 25 | 6.31× | 0.18× | ||
| Q3 25 | 3.61× | 0.39× | ||
| Q2 25 | 3.86× | 0.41× | ||
| Q1 25 | 4.38× | 0.23× | ||
| Q4 24 | 4.58× | 0.36× | ||
| Q3 24 | 4.28× | 0.21× | ||
| Q2 24 | 4.42× | 0.07× |
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 | — |
| 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 | — | — |
| 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AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | $120.5M | $-2.7B | ||
| Q3 25 | $143.3M | $-597.4M | ||
| Q2 25 | $91.9M | $-357.7M | ||
| Q1 25 | $55.9M | $-1.7B | ||
| Q4 24 | $151.2M | $-2.7B | ||
| Q3 24 | $143.6M | $-1.1B | ||
| Q2 24 | $142.8M | $-745.8M |
自由现金流AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | $54.7M | — | ||
| Q3 25 | $79.2M | — | ||
| Q2 25 | $34.6M | — | ||
| Q1 25 | $-13.4M | — | ||
| Q4 24 | $73.2M | — | ||
| Q3 24 | $70.4M | — | ||
| Q2 24 | $94.0M | — |
自由现金流率AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | 4.0% | — | ||
| Q3 25 | 5.3% | — | ||
| Q2 25 | 2.3% | — | ||
| Q1 25 | -0.9% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 4.7% | — | ||
| Q2 24 | 5.8% | — |
资本支出强度AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.3% | — | ||
| Q2 25 | 3.7% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 5.6% | — | ||
| Q3 24 | 4.9% | — | ||
| Q2 24 | 3.0% | — |
现金转化率AXLWAL
| Q1 26 | — | — | ||
| Q4 25 | — | -9.36× | ||
| Q3 25 | 15.58× | -2.36× | ||
| Q2 25 | 2.34× | -1.55× | ||
| Q1 25 | 7.87× | -8.31× | ||
| Q4 24 | — | -12.64× | ||
| Q3 24 | 14.36× | -5.35× | ||
| Q2 24 | 7.85× | -3.85× |
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% |
WAL
暂无分部数据
