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波尔公司（BALL）与CONSTELLIUM SE（CSTM）财务数据对比。点击上方公司名可切换其他公司
波尔公司的季度营收约是CONSTELLIUM SE的1.5倍（$3.3B vs $2.2B）。波尔公司净利率更高（6.0% vs 5.1%，领先0.9%）。波尔公司自由现金流更多（$1.0B vs $109.0M）
波尔公司是全球领先的可持续铝制包装解决方案供应商，为饮料、个护、家居产品领域的品牌提供创新包装产品，同时旗下航空航天板块为政府及商业客户提供先进技术、系统与相关服务，全业务线高度重视环保责任与产品可靠性。
康士励（Constellium SE）是一家源自美瑞、总部位于法国的全球铝制品制造商，主营各类先进合金制成的铝轧制产品、挤压材及结构件，旗下C-TEC研发中心在先进铝合金技术研发领域成果斐然，核心服务航空航天、汽车、包装三大领域，客户涵盖梅赛德斯-奔驰、奥迪、宝马、福特、空客、波音等知名企业。
BALL vs CSTM — 直观对比
营收规模更大
BALL
是对方的1.5倍
$2.2B
净利率更高
BALL
高出0.9%
5.1%
自由现金流更多
BALL
多$932.0M
$109.0M
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $3.3B | $2.2B |
| 净利润 | $200.0M | $112.0M |
| 毛利率 | — | — |
| 营业利润率 | 7.2% | 7.5% |
| 净利率 | 6.0% | 5.1% |
| 营收同比 | 16.2% | — |
| 净利润同比 | 766.7% | — |
| 每股收益（稀释后） | $0.73 | $0.79 |
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BALLCSTM
| Q4 25 | $3.3B | $2.2B | ||
| Q3 25 | $3.4B | $2.2B | ||
| Q2 25 | $3.3B | $2.1B | ||
| Q1 25 | $3.1B | $2.0B | ||
| Q4 24 | $2.9B | — | ||
| Q3 24 | $3.1B | — | ||
| Q2 24 | $3.0B | $1.9B | ||
| Q1 24 | $2.9B | — |
净利润BALLCSTM
| Q4 25 | $200.0M | $112.0M | ||
| Q3 25 | $321.0M | $88.0M | ||
| Q2 25 | $215.0M | $36.0M | ||
| Q1 25 | $179.0M | $37.0M | ||
| Q4 24 | $-30.0M | — | ||
| Q3 24 | $199.0M | — | ||
| Q2 24 | $159.0M | $76.0M | ||
| Q1 24 | $3.7B | — |
毛利率BALLCSTM
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 17.7% | — | ||
| Q2 24 | 16.5% | — | ||
| Q1 24 | 16.6% | — |
营业利润率BALLCSTM
| Q4 25 | 7.2% | 7.5% | ||
| Q3 25 | 11.6% | 5.8% | ||
| Q2 25 | 8.0% | 2.7% | ||
| Q1 25 | 7.4% | 3.1% | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 7.4% | — | ||
| Q2 24 | 6.8% | 5.4% | ||
| Q1 24 | 6.8% | — |
净利率BALLCSTM
| Q4 25 | 6.0% | 5.1% | ||
| Q3 25 | 9.5% | 4.1% | ||
| Q2 25 | 6.4% | 1.7% | ||
| Q1 25 | 5.8% | 1.9% | ||
| Q4 24 | -1.0% | — | ||
| Q3 24 | 6.5% | — | ||
| Q2 24 | 5.4% | 3.9% | ||
| Q1 24 | 128.3% | — |
每股收益（稀释后）BALLCSTM
| Q4 25 | $0.73 | $0.79 | ||
| Q3 25 | $1.18 | $0.62 | ||
| Q2 25 | $0.76 | $0.25 | ||
| Q1 25 | $0.63 | $0.26 | ||
| Q4 24 | $0.23 | — | ||
| Q3 24 | $0.65 | — | ||
| Q2 24 | $0.51 | $0.51 | ||
| Q1 24 | $11.61 | — |
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 | $1.2B | $120.0M |
| 总债务越低越好 | $7.0B | $1.9B |
| 股东权益账面价值 | $5.4B | $952.0M |
| 总资产 | $19.5B | $5.4B |
| 负债/权益比越低杠杆越低 | 1.29× | 2.00× |
8季度趋势，按日历期对齐
现金及短期投资BALLCSTM
| Q4 25 | $1.2B | $120.0M | ||
| Q3 25 | $568.0M | $122.0M | ||
| Q2 25 | $296.0M | $133.0M | ||
| Q1 25 | $449.0M | $118.0M | ||
| Q4 24 | $885.0M | — | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.3B | — | ||
| Q1 24 | $1.7B | — |
总债务BALLCSTM
| Q4 25 | $7.0B | $1.9B | ||
| Q3 25 | $6.9B | $2.0B | ||
| Q2 25 | $6.5B | $2.0B | ||
| Q1 25 | $6.1B | $1.9B | ||
| Q4 24 | $5.3B | — | ||
| Q3 24 | $5.4B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $5.5B | — |
股东权益BALLCSTM
| Q4 25 | $5.4B | $952.0M | ||
| Q3 25 | $5.4B | $845.0M | ||
| Q2 25 | $5.2B | $780.0M | ||
| Q1 25 | $5.5B | $745.0M | ||
| Q4 24 | $5.9B | — | ||
| Q3 24 | $6.7B | — | ||
| Q2 24 | $6.9B | $796.0M | ||
| Q1 24 | $7.3B | — |
总资产BALLCSTM
| Q4 25 | $19.5B | $5.4B | ||
| Q3 25 | $18.7B | $5.4B | ||
| Q2 25 | $18.6B | $5.4B | ||
| Q1 25 | $18.0B | $5.2B | ||
| Q4 24 | $17.6B | — | ||
| Q3 24 | $18.8B | — | ||
| Q2 24 | $19.0B | — | ||
| Q1 24 | $19.9B | — |
负债/权益比BALLCSTM
| Q4 25 | 1.29× | 2.00× | ||
| Q3 25 | 1.26× | 2.34× | ||
| Q2 25 | 1.24× | 2.53× | ||
| Q1 25 | 1.12× | 2.56× | ||
| Q4 24 | 0.91× | — | ||
| Q3 24 | 0.80× | — | ||
| Q2 24 | 0.80× | — | ||
| Q1 24 | 0.76× | — |
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 | $1.2B | $218.0M |
| 自由现金流经营现金流 - 资本支出 | $1.0B | $109.0M |
| 自由现金流率自由现金流/营收 | 31.1% | 5.0% |
| 资本支出强度资本支出/营收 | 5.1% | 5.0% |
| 现金转化率经营现金流/净利润 | 6.05× | 1.95× |
| 过去12个月自由现金流最近4个季度 | $788.0M | $159.0M |
8季度趋势，按日历期对齐
经营现金流BALLCSTM
| Q4 25 | $1.2B | $218.0M | ||
| Q3 25 | $384.0M | $99.0M | ||
| Q2 25 | $332.0M | $114.0M | ||
| Q1 25 | $-665.0M | $58.0M | ||
| Q4 24 | $500.0M | — | ||
| Q3 24 | $610.0M | — | ||
| Q2 24 | $252.0M | $138.0M | ||
| Q1 24 | $-1.2B | — |
自由现金流BALLCSTM
| Q4 25 | $1.0B | $109.0M | ||
| Q3 25 | $257.0M | $24.0M | ||
| Q2 25 | $236.0M | $37.0M | ||
| Q1 25 | $-746.0M | $-11.0M | ||
| Q4 24 | $393.0M | — | ||
| Q3 24 | $493.0M | — | ||
| Q2 24 | $146.0M | $54.0M | ||
| Q1 24 | $-1.4B | — |
自由现金流率BALLCSTM
| Q4 25 | 31.1% | 5.0% | ||
| Q3 25 | 7.6% | 1.1% | ||
| Q2 25 | 7.1% | 1.8% | ||
| Q1 25 | -24.1% | -0.6% | ||
| Q4 24 | 13.6% | — | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 4.9% | 2.8% | ||
| Q1 24 | -48.7% | — |
资本支出强度BALLCSTM
| Q4 25 | 5.1% | 5.0% | ||
| Q3 25 | 3.8% | 3.5% | ||
| Q2 25 | 2.9% | 3.7% | ||
| Q1 25 | 2.6% | 3.5% | ||
| Q4 24 | 3.7% | — | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 3.6% | 4.3% | ||
| Q1 24 | 5.4% | — |
现金转化率BALLCSTM
| Q4 25 | 6.05× | 1.95× | ||
| Q3 25 | 1.20× | 1.13× | ||
| Q2 25 | 1.54× | 3.17× | ||
| Q1 25 | -3.72× | 1.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.07× | — | ||
| Q2 24 | 1.58× | 1.82× | ||
| Q1 24 | -0.34× | — |
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
BALL
| Transferred Over Time | $2.7B | 82% |
| Transferred At Point In Time | $602.0M | 18% |
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% |
