vs
Side-by-side financial comparison of CONSTELLIUM SE (CSTM) and WATSCO INC (WSO). Click either name above to swap in a different company.
CONSTELLIUM SE is the larger business by last-quarter revenue ($2.2B vs $1.6B, roughly 1.4× WATSCO INC). CONSTELLIUM SE runs the higher net margin — 5.1% vs 4.5%, a 0.5% gap on every dollar of revenue. WATSCO INC produced more free cash flow last quarter ($388.5M vs $109.0M).
Constellium SE is an American-Swiss, French-based global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for advancing technology in the field of advanced aluminium alloy. Constellium primarily serves the aerospace, automotive, and packaging sectors. Large clients include Mercedes-Benz, Audi, BMW, Fiat Chrysler Automotive, Ford, Airbus, Boeing, and Bombardier.
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
CSTM vs WSO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.6B |
| Net Profit | $112.0M | $71.7M |
| Gross Margin | — | 27.1% |
| Operating Margin | 7.5% | 6.4% |
| Net Margin | 5.1% | 4.5% |
| Revenue YoY | — | -10.0% |
| Net Profit YoY | — | -25.9% |
| EPS (diluted) | $0.79 | $1.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $2.0B | $1.5B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | $1.9B | $2.1B | ||
| Q1 24 | — | $1.6B |
| Q4 25 | $112.0M | $71.7M | ||
| Q3 25 | $88.0M | $161.6M | ||
| Q2 25 | $36.0M | $183.6M | ||
| Q1 25 | $37.0M | $80.1M | ||
| Q4 24 | — | $96.8M | ||
| Q3 24 | — | $171.0M | ||
| Q2 24 | $76.0M | $181.4M | ||
| Q1 24 | — | $87.0M |
| Q4 25 | — | 27.1% | ||
| Q3 25 | — | 27.5% | ||
| Q2 25 | — | 29.3% | ||
| Q1 25 | — | 28.1% | ||
| Q4 24 | — | 26.7% | ||
| Q3 24 | — | 26.2% | ||
| Q2 24 | — | 27.1% | ||
| Q1 24 | — | 27.5% |
| Q4 25 | 7.5% | 6.4% | ||
| Q3 25 | 5.8% | 11.4% | ||
| Q2 25 | 2.7% | 13.2% | ||
| Q1 25 | 3.1% | 7.3% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | 11.6% | ||
| Q2 24 | 5.4% | 12.6% | ||
| Q1 24 | — | 8.1% |
| Q4 25 | 5.1% | 4.5% | ||
| Q3 25 | 4.1% | 7.8% | ||
| Q2 25 | 1.7% | 8.9% | ||
| Q1 25 | 1.9% | 5.2% | ||
| Q4 24 | — | 5.5% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | 3.9% | 8.5% | ||
| Q1 24 | — | 5.6% |
| Q4 25 | $0.79 | $1.82 | ||
| Q3 25 | $0.62 | $3.98 | ||
| Q2 25 | $0.25 | $4.52 | ||
| Q1 25 | $0.26 | $1.93 | ||
| Q4 24 | — | $2.42 | ||
| Q3 24 | — | $4.22 | ||
| Q2 24 | $0.51 | $4.49 | ||
| Q1 24 | — | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $120.0M | $733.3M |
| Total DebtLower is stronger | $1.9B | $361.6M |
| Stockholders' EquityBook value | $952.0M | $2.8B |
| Total Assets | $5.4B | $4.4B |
| Debt / EquityLower = less leverage | 2.00× | 0.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $120.0M | $733.3M | ||
| Q3 25 | $122.0M | $524.3M | ||
| Q2 25 | $133.0M | $293.0M | ||
| Q1 25 | $118.0M | $431.8M | ||
| Q4 24 | — | $781.9M | ||
| Q3 24 | — | $550.0M | ||
| Q2 24 | — | $424.9M | ||
| Q1 24 | — | $478.9M |
| Q4 25 | $1.9B | $361.6M | ||
| Q3 25 | $2.0B | $340.8M | ||
| Q2 25 | $2.0B | $338.7M | ||
| Q1 25 | $1.9B | $346.4M | ||
| Q4 24 | — | $337.2M | ||
| Q3 24 | — | $321.0M | ||
| Q2 24 | — | $307.1M | ||
| Q1 24 | — | $306.3M |
| Q4 25 | $952.0M | $2.8B | ||
| Q3 25 | $845.0M | $2.8B | ||
| Q2 25 | $780.0M | $2.8B | ||
| Q1 25 | $745.0M | $2.7B | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $796.0M | $2.6B | ||
| Q1 24 | — | $2.5B |
| Q4 25 | $5.4B | $4.4B | ||
| Q3 25 | $5.4B | $4.6B | ||
| Q2 25 | $5.4B | $4.7B | ||
| Q1 25 | $5.2B | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.4B |
| Q4 25 | 2.00× | 0.13× | ||
| Q3 25 | 2.34× | 0.12× | ||
| Q2 25 | 2.53× | 0.12× | ||
| Q1 25 | 2.56× | 0.13× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× | ||
| Q1 24 | — | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $218.0M | $399.8M |
| Free Cash FlowOCF − Capex | $109.0M | $388.5M |
| FCF MarginFCF / Revenue | 5.0% | 24.6% |
| Capex IntensityCapex / Revenue | 5.0% | 0.7% |
| Cash ConversionOCF / Net Profit | 1.95× | 5.57× |
| TTM Free Cash FlowTrailing 4 quarters | $159.0M | $535.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $218.0M | $399.8M | ||
| Q3 25 | $99.0M | $354.9M | ||
| Q2 25 | $114.0M | $-7.4M | ||
| Q1 25 | $58.0M | $-177.6M | ||
| Q4 24 | — | $378.9M | ||
| Q3 24 | — | $232.8M | ||
| Q2 24 | $138.0M | $57.7M | ||
| Q1 24 | — | $103.7M |
| Q4 25 | $109.0M | $388.5M | ||
| Q3 25 | $24.0M | $346.1M | ||
| Q2 25 | $37.0M | $-14.3M | ||
| Q1 25 | $-11.0M | $-185.2M | ||
| Q4 24 | — | $370.9M | ||
| Q3 24 | — | $223.0M | ||
| Q2 24 | $54.0M | $51.3M | ||
| Q1 24 | — | $97.9M |
| Q4 25 | 5.0% | 24.6% | ||
| Q3 25 | 1.1% | 16.7% | ||
| Q2 25 | 1.8% | -0.7% | ||
| Q1 25 | -0.6% | -12.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | 2.8% | 2.4% | ||
| Q1 24 | — | 6.3% |
| Q4 25 | 5.0% | 0.7% | ||
| Q3 25 | 3.5% | 0.4% | ||
| Q2 25 | 3.7% | 0.3% | ||
| Q1 25 | 3.5% | 0.5% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | 4.3% | 0.3% | ||
| Q1 24 | — | 0.4% |
| Q4 25 | 1.95× | 5.57× | ||
| Q3 25 | 1.13× | 2.20× | ||
| Q2 25 | 3.17× | -0.04× | ||
| Q1 25 | 1.57× | -2.22× | ||
| Q4 24 | — | 3.91× | ||
| Q3 24 | — | 1.36× | ||
| Q2 24 | 1.82× | 0.32× | ||
| Q1 24 | — | 1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSTM
| Packaging Rolled Products | $1.0B | 46% |
| Automotive Rolled Products | $318.0M | 14% |
| Aerospace Rolled Products | $270.0M | 12% |
| Transportation Industry Defense And Other Rolled Products | $232.0M | 11% |
| Automotive Extruded Products | $220.0M | 10% |
| Other Extruded Products | $132.0M | 6% |
| Specialty And Other Thin Rolled Products | $22.0M | 1% |
WSO
Segment breakdown not available.
