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德纳（DAN）与摩丁制造（MOD）财务数据对比。点击上方公司名可切换其他公司
德纳的季度营收约是摩丁制造的1.6倍（$1.3B vs $805.0M），德纳净利率更高（-3.9% vs -5.9%，领先2.0%），摩丁制造同比增速更快（30.5% vs -44.5%），德纳自由现金流更多（$345.0M vs $-17.1M），过去两年摩丁制造的营收复合增速更高（15.5% vs -31.2%）
德纳（Dana Inc.）是美国知名汽车零部件供应商，创立于1904年，总部位于俄亥俄州莫米。公司为传统燃油车、混合动力车及电动车提供车桥、传动轴，以及电驱动、热管理、密封、数字设备等产品，服务于轻型车、商用车市场，业务遍及33个国家，员工近2.8万人，2022年销售额达102亿美元，位列财富世界500强。
摩丁制造是1916年成立于美国的热管理企业。创始人亚瑟·B·摩丁获拖拉机Spirex散热器专利后创立公司，曾为福特T型车生产Turbotube散热器，1941年在威斯康星州拉辛建成全球首个车用风洞，二战期间为P-51野马战斗机供应后冷却器。
DAN vs MOD — 直观对比
营收规模更大
DAN
是对方的1.6倍
$805.0M
营收增速更快
MOD
高出75.0%
-44.5%
净利率更高
DAN
高出2.0%
-5.9%
自由现金流更多
DAN
多$362.1M
$-17.1M
两年增速更快
MOD
近两年复合增速
-31.2%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $805.0M |
| 净利润 | $-50.0M | $-47.4M |
| 毛利率 | 6.0% | 23.1% |
| 营业利润率 | -0.2% | 11.1% |
| 净利率 | -3.9% | -5.9% |
| 营收同比 | -44.5% | 30.5% |
| 净利润同比 | 37.5% | -215.6% |
| 每股收益（稀释后） | $-0.36 | $-0.90 |
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DANMOD
| Q4 25 | $1.3B | $805.0M | ||
| Q3 25 | $1.9B | $738.9M | ||
| Q2 25 | $1.9B | $682.8M | ||
| Q1 25 | $2.4B | $647.2M | ||
| Q4 24 | $2.3B | $616.8M | ||
| Q3 24 | $2.5B | $658.0M | ||
| Q2 24 | $2.7B | $661.5M | ||
| Q1 24 | $2.7B | $603.5M |
净利润DANMOD
| Q4 25 | $-50.0M | $-47.4M | ||
| Q3 25 | $83.0M | $44.4M | ||
| Q2 25 | $27.0M | $51.2M | ||
| Q1 25 | $25.0M | $49.6M | ||
| Q4 24 | $-80.0M | $41.0M | ||
| Q3 24 | $4.0M | $46.1M | ||
| Q2 24 | $16.0M | $47.3M | ||
| Q1 24 | $3.0M | $25.8M |
毛利率DANMOD
| Q4 25 | 6.0% | 23.1% | ||
| Q3 25 | 8.7% | 22.3% | ||
| Q2 25 | 7.1% | 24.2% | ||
| Q1 25 | 9.4% | 25.6% | ||
| Q4 24 | 5.7% | 24.3% | ||
| Q3 24 | 9.9% | 25.2% | ||
| Q2 24 | 9.3% | 24.6% | ||
| Q1 24 | 8.9% | 22.4% |
营业利润率DANMOD
| Q4 25 | -0.2% | 11.1% | ||
| Q3 25 | 2.8% | 9.9% | ||
| Q2 25 | 0.8% | 11.1% | ||
| Q1 25 | 3.1% | 11.5% | ||
| Q4 24 | -1.5% | 9.6% | ||
| Q3 24 | 3.6% | 11.4% | ||
| Q2 24 | 3.8% | 11.2% | ||
| Q1 24 | 2.6% | 7.8% |
净利率DANMOD
| Q4 25 | -3.9% | -5.9% | ||
| Q3 25 | 4.3% | 6.0% | ||
| Q2 25 | 1.4% | 7.5% | ||
| Q1 25 | 1.1% | 7.7% | ||
| Q4 24 | -3.4% | 6.6% | ||
| Q3 24 | 0.2% | 7.0% | ||
| Q2 24 | 0.6% | 7.2% | ||
| Q1 24 | 0.1% | 4.3% |
每股收益（稀释后）DANMOD
| Q4 25 | $-0.36 | $-0.90 | ||
| Q3 25 | $0.64 | $0.83 | ||
| Q2 25 | $0.19 | $0.95 | ||
| Q1 25 | $0.17 | $0.92 | ||
| Q4 24 | $-0.55 | $0.76 | ||
| Q3 24 | $0.03 | $0.86 | ||
| Q2 24 | $0.11 | $0.88 | ||
| Q1 24 | $0.02 | $0.48 |
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 | $469.0M | $98.7M |
| 总债务越低越好 | $2.6B | $570.7M |
| 股东权益账面价值 | $840.0M | $1.1B |
| 总资产 | $7.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 3.05× | 0.51× |
8季度趋势，按日历期对齐
现金及短期投资DANMOD
| Q4 25 | $469.0M | $98.7M | ||
| Q3 25 | $414.0M | $83.8M | ||
| Q2 25 | $486.0M | $124.5M | ||
| Q1 25 | $507.0M | $71.6M | ||
| Q4 24 | $494.0M | $83.8M | ||
| Q3 24 | $419.0M | $78.6M | ||
| Q2 24 | $419.0M | $72.9M | ||
| Q1 24 | $351.0M | $60.1M |
总债务DANMOD
| Q4 25 | $2.6B | $570.7M | ||
| Q3 25 | $2.6B | $525.8M | ||
| Q2 25 | $2.6B | $482.1M | ||
| Q1 25 | $2.4B | $296.7M | ||
| Q4 24 | $2.4B | $330.0M | ||
| Q3 24 | $2.4B | $359.1M | ||
| Q2 24 | $2.4B | $405.7M | ||
| Q1 24 | $2.6B | $399.9M |
股东权益DANMOD
| Q4 25 | $840.0M | $1.1B | ||
| Q3 25 | $1.1B | $1.1B | ||
| Q2 25 | $1.2B | $1.0B | ||
| Q1 25 | $1.4B | $910.2M | ||
| Q4 24 | $1.3B | $855.1M | ||
| Q3 24 | $1.5B | $858.8M | ||
| Q2 24 | $1.5B | $788.4M | ||
| Q1 24 | $1.5B | $747.6M |
总资产DANMOD
| Q4 25 | $7.8B | $2.5B | ||
| Q3 25 | $8.1B | $2.4B | ||
| Q2 25 | $8.1B | $2.2B | ||
| Q1 25 | $7.8B | $1.9B | ||
| Q4 24 | $7.5B | $1.8B | ||
| Q3 24 | $7.9B | $1.9B | ||
| Q2 24 | $7.8B | $1.9B | ||
| Q1 24 | $7.9B | $1.9B |
负债/权益比DANMOD
| Q4 25 | 3.05× | 0.51× | ||
| Q3 25 | 2.35× | 0.50× | ||
| Q2 25 | 2.13× | 0.48× | ||
| Q1 25 | 1.76× | 0.33× | ||
| Q4 24 | 1.79× | 0.39× | ||
| Q3 24 | 1.65× | 0.42× | ||
| Q2 24 | 1.62× | 0.51× | ||
| Q1 24 | 1.68× | 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 | $406.0M | $24.7M |
| 自由现金流经营现金流 - 资本支出 | $345.0M | $-17.1M |
| 自由现金流率自由现金流/营收 | 26.6% | -2.1% |
| 资本支出强度资本支出/营收 | 4.7% | 5.2% |
| 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 | $298.0M | $-20.3M |
8季度趋势，按日历期对齐
经营现金流DANMOD
| Q4 25 | $406.0M | $24.7M | ||
| Q3 25 | $111.0M | $1.4M | ||
| Q2 25 | $32.0M | $27.7M | ||
| Q1 25 | $-37.0M | $54.8M | ||
| Q4 24 | $302.0M | $60.7M | ||
| Q3 24 | $35.0M | $57.3M | ||
| Q2 24 | $215.0M | $40.5M | ||
| Q1 24 | $-102.0M | $39.6M |
自由现金流DANMOD
| Q4 25 | $345.0M | $-17.1M | ||
| Q3 25 | $62.0M | $-30.5M | ||
| Q2 25 | $3.0M | $200.0K | ||
| Q1 25 | $-112.0M | $27.1M | ||
| Q4 24 | $149.0M | $44.7M | ||
| Q3 24 | $-11.0M | $43.8M | ||
| Q2 24 | $104.0M | $13.7M | ||
| Q1 24 | $-172.0M | $-4.3M |
自由现金流率DANMOD
| Q4 25 | 26.6% | -2.1% | ||
| Q3 25 | 3.2% | -4.1% | ||
| Q2 25 | 0.2% | 0.0% | ||
| Q1 25 | -4.8% | 4.2% | ||
| Q4 24 | 6.4% | 7.2% | ||
| Q3 24 | -0.4% | 6.7% | ||
| Q2 24 | 3.8% | 2.1% | ||
| Q1 24 | -6.3% | -0.7% |
资本支出强度DANMOD
| Q4 25 | 4.7% | 5.2% | ||
| Q3 25 | 2.6% | 4.3% | ||
| Q2 25 | 1.5% | 4.0% | ||
| Q1 25 | 3.2% | 4.3% | ||
| Q4 24 | 6.6% | 2.6% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 4.1% | 4.1% | ||
| Q1 24 | 2.6% | 7.3% |
现金转化率DANMOD
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | 0.03× | ||
| Q2 25 | 1.19× | 0.54× | ||
| Q1 25 | -1.48× | 1.10× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | 8.75× | 1.24× | ||
| Q2 24 | 13.44× | 0.86× | ||
| Q1 24 | -34.00× | 1.53× |
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
DAN
| Light Vehicle Segment | $912.0M | 70% |
| Commercial Vehicle Segment | $218.0M | 17% |
| Other | $166.0M | 13% |
MOD
| Data Centers | $296.9M | 37% |
| Performance Technologies | $266.0M | 33% |
| Hvac Technologies | $107.1M | 13% |
| Air Cooled | $92.4M | 11% |
| Lb White | $25.6M | 3% |
| Climate By Design | $10.2M | 1% |
| Absolutaire | $7.0M | 1% |
