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Bath & Body Works, Inc.（BBWI）与CONSTELLIUM SE（CSTM）财务数据对比。点击上方公司名可切换其他公司
CONSTELLIUM SE的季度营收约是Bath & Body Works, Inc.的1.4倍（$2.2B vs $1.6B），CONSTELLIUM SE净利率更高（5.1% vs 4.8%，领先0.3%），CONSTELLIUM SE自由现金流更多（$109.0M vs $-1.0M）
Bath & Body Works, Inc.是总部位于美国俄亥俄州哥伦布市的特色零售企业，旗下拥有同名身体护理及家居香氛零售品牌Bath & Body Works，2023年营收达74亿美元，在2024年《财富》美国500强榜单中位列第481位。
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。
BBWI vs CSTM — 直观对比
营收规模更大
CSTM
是对方的1.4倍
$1.6B
净利率更高
CSTM
高出0.3%
4.8%
自由现金流更多
CSTM
多$110.0M
$-1.0M
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $1.6B | $2.2B |
| 净利润 | $77.0M | $112.0M |
| 毛利率 | 41.3% | — |
| 营业利润率 | 10.1% | 7.5% |
| 净利率 | 4.8% | 5.1% |
| 营收同比 | -1.0% | — |
| 净利润同比 | -27.4% | — |
| 每股收益（稀释后） | $0.37 | $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BBWICSTM
| Q4 25 | $1.6B | $2.2B | ||
| Q3 25 | $1.5B | $2.2B | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $2.8B | $2.0B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.5B | — | ||
| Q2 24 | $1.4B | $1.9B | ||
| Q1 24 | $2.9B | — |
净利润BBWICSTM
| Q4 25 | $77.0M | $112.0M | ||
| Q3 25 | $64.0M | $88.0M | ||
| Q2 25 | $105.0M | $36.0M | ||
| Q1 25 | $453.0M | $37.0M | ||
| Q4 24 | $106.0M | — | ||
| Q3 24 | $152.0M | — | ||
| Q2 24 | $87.0M | $76.0M | ||
| Q1 24 | $579.0M | — |
毛利率BBWICSTM
| Q4 25 | 41.3% | — | ||
| Q3 25 | 41.3% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 46.7% | — | ||
| Q4 24 | 43.5% | — | ||
| Q3 24 | 41.0% | — | ||
| Q2 24 | 43.8% | — | ||
| Q1 24 | 45.9% | — |
营业利润率BBWICSTM
| Q4 25 | 10.1% | 7.5% | ||
| Q3 25 | 10.1% | 5.8% | ||
| Q2 25 | 14.7% | 2.7% | ||
| Q1 25 | 24.3% | 3.1% | ||
| Q4 24 | 13.5% | — | ||
| Q3 24 | 12.0% | — | ||
| Q2 24 | 13.5% | 5.4% | ||
| Q1 24 | 23.9% | — |
净利率BBWICSTM
| Q4 25 | 4.8% | 5.1% | ||
| Q3 25 | 4.1% | 4.1% | ||
| Q2 25 | 7.4% | 1.7% | ||
| Q1 25 | 16.3% | 1.9% | ||
| Q4 24 | 6.6% | — | ||
| Q3 24 | 10.0% | — | ||
| Q2 24 | 6.3% | 3.9% | ||
| Q1 24 | 19.9% | — |
每股收益（稀释后）BBWICSTM
| Q4 25 | $0.37 | $0.79 | ||
| Q3 25 | $0.30 | $0.62 | ||
| Q2 25 | $0.49 | $0.25 | ||
| Q1 25 | $2.06 | $0.26 | ||
| Q4 24 | $0.49 | — | ||
| Q3 24 | $0.68 | — | ||
| Q2 24 | $0.38 | $0.51 | ||
| Q1 24 | $2.54 | — |
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 | $236.0M | $120.0M |
| 总债务越低越好 | $3.9B | $1.9B |
| 股东权益账面价值 | $-1.6B | $952.0M |
| 总资产 | $5.0B | $5.4B |
| 负债/权益比越低杠杆越低 | — | 2.00× |
8季度趋势，按日历期对齐
现金及短期投资BBWICSTM
| Q4 25 | $236.0M | $120.0M | ||
| Q3 25 | $364.0M | $122.0M | ||
| Q2 25 | $636.0M | $133.0M | ||
| Q1 25 | $674.0M | $118.0M | ||
| Q4 24 | $191.0M | — | ||
| Q3 24 | $514.0M | — | ||
| Q2 24 | $855.0M | — | ||
| Q1 24 | $1.1B | — |
总债务BBWICSTM
| Q4 25 | $3.9B | $1.9B | ||
| Q3 25 | $3.9B | $2.0B | ||
| Q2 25 | $3.9B | $2.0B | ||
| Q1 25 | $3.9B | $1.9B | ||
| Q4 24 | $4.2B | — | ||
| Q3 24 | $4.2B | — | ||
| Q2 24 | $4.3B | — | ||
| Q1 24 | $4.4B | — |
股东权益BBWICSTM
| Q4 25 | $-1.6B | $952.0M | ||
| Q3 25 | $-1.5B | $845.0M | ||
| Q2 25 | $-1.5B | $780.0M | ||
| Q1 25 | $-1.4B | $745.0M | ||
| Q4 24 | $-1.7B | — | ||
| Q3 24 | $-1.7B | — | ||
| Q2 24 | $-1.7B | $796.0M | ||
| Q1 24 | $-1.6B | — |
总资产BBWICSTM
| Q4 25 | $5.0B | $5.4B | ||
| Q3 25 | $4.8B | $5.4B | ||
| Q2 25 | $4.9B | $5.4B | ||
| Q1 25 | $4.9B | $5.2B | ||
| Q4 24 | $5.0B | — | ||
| Q3 24 | $4.9B | — | ||
| Q2 24 | $5.2B | — | ||
| Q1 24 | $5.5B | — |
负债/权益比BBWICSTM
| Q4 25 | — | 2.00× | ||
| Q3 25 | — | 2.34× | ||
| Q2 25 | — | 2.53× | ||
| Q1 25 | — | 2.56× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $80.0M | $218.0M |
| 自由现金流经营现金流 - 资本支出 | $-1.0M | $109.0M |
| 自由现金流率自由现金流/营收 | -0.1% | 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 | 1.04× | 1.95× |
| 过去12个月自由现金流最近4个季度 | $946.0M | $159.0M |
8季度趋势，按日历期对齐
经营现金流BBWICSTM
| Q4 25 | $80.0M | $218.0M | ||
| Q3 25 | $-43.0M | $99.0M | ||
| Q2 25 | $188.0M | $114.0M | ||
| Q1 25 | $955.0M | $58.0M | ||
| Q4 24 | $-99.0M | — | ||
| Q3 24 | $-46.0M | — | ||
| Q2 24 | $76.0M | $138.0M | ||
| Q1 24 | $926.0M | — |
自由现金流BBWICSTM
| Q4 25 | $-1.0M | $109.0M | ||
| Q3 25 | $-99.0M | $24.0M | ||
| Q2 25 | $151.0M | $37.0M | ||
| Q1 25 | $895.0M | $-11.0M | ||
| Q4 24 | $-164.0M | — | ||
| Q3 24 | $-101.0M | — | ||
| Q2 24 | $30.0M | $54.0M | ||
| Q1 24 | $878.0M | — |
自由现金流率BBWICSTM
| Q4 25 | -0.1% | 5.0% | ||
| Q3 25 | -6.4% | 1.1% | ||
| Q2 25 | 10.6% | 1.8% | ||
| Q1 25 | 32.1% | -0.6% | ||
| Q4 24 | -10.2% | — | ||
| Q3 24 | -6.6% | — | ||
| Q2 24 | 2.2% | 2.8% | ||
| Q1 24 | 30.2% | — |
资本支出强度BBWICSTM
| Q4 25 | 5.1% | 5.0% | ||
| Q3 25 | 3.6% | 3.5% | ||
| Q2 25 | 2.6% | 3.7% | ||
| Q1 25 | 2.2% | 3.5% | ||
| Q4 24 | 4.0% | — | ||
| Q3 24 | 3.6% | — | ||
| Q2 24 | 3.3% | 4.3% | ||
| Q1 24 | 1.6% | — |
现金转化率BBWICSTM
| Q4 25 | 1.04× | 1.95× | ||
| Q3 25 | -0.67× | 1.13× | ||
| Q2 25 | 1.79× | 3.17× | ||
| Q1 25 | 2.11× | 1.57× | ||
| Q4 24 | -0.93× | — | ||
| Q3 24 | -0.30× | — | ||
| Q2 24 | 0.87× | 1.82× | ||
| Q1 24 | 1.60× | — |
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
BBWI
| Bath Body Works Stores | $1.2B | 77% |
| Bath Body Works Direct | $299.0M | 19% |
| Bath Body Works International | $73.0M | 5% |
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% |
