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CONSTELLIUM SE（CSTM）与陶氏公司（DOW）财务数据对比。点击上方公司名可切换其他公司
陶氏公司的季度营收约是CONSTELLIUM SE的4.3倍（$9.5B vs $2.2B）
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。
陶氏化学是总部位于美国密歇根州米德兰的跨国化工企业，2021年位列全球前三大化工生产商，为特拉华州注册的上市控股公司陶氏公司旗下运营子公司，其产品与解决方案广泛服务于制造业、消费品、基础设施建设等全球多个核心产业领域。
CSTM vs DOW — 直观对比
营收规模更大
DOW
是对方的4.3倍
$2.2B
损益表 — Q4 2025 vs Q1 2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $9.5B |
| 净利润 | $112.0M | — |
| 毛利率 | — | 5.8% |
| 营业利润率 | 7.5% | — |
| 净利率 | 5.1% | — |
| 营收同比 | — | -9.3% |
| 净利润同比 | — | — |
| 每股收益（稀释后） | $0.79 | $-2.16 |
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CSTMDOW
| Q1 26 | — | $9.5B | ||
| Q4 25 | $2.2B | $9.5B | ||
| Q3 25 | $2.2B | $10.0B | ||
| Q2 25 | $2.1B | $10.1B | ||
| Q1 25 | $2.0B | $10.4B | ||
| Q4 24 | — | $10.4B | ||
| Q3 24 | — | $10.9B | ||
| Q2 24 | $1.9B | $10.9B |
净利润CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | $112.0M | $-1.5B | ||
| Q3 25 | $88.0M | $62.0M | ||
| Q2 25 | $36.0M | $-835.0M | ||
| Q1 25 | $37.0M | $-307.0M | ||
| Q4 24 | — | $-35.0M | ||
| Q3 24 | — | $214.0M | ||
| Q2 24 | $76.0M | $439.0M |
毛利率CSTMDOW
| Q1 26 | — | 5.8% | ||
| Q4 25 | — | 5.8% | ||
| Q3 25 | — | 7.3% | ||
| Q2 25 | — | 5.8% | ||
| Q1 25 | — | 6.4% | ||
| Q4 24 | — | 9.0% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | — | 12.1% |
营业利润率CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | -16.4% | ||
| Q3 25 | 5.8% | 0.7% | ||
| Q2 25 | 2.7% | -6.5% | ||
| Q1 25 | 3.1% | -3.6% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | 5.4% | 5.6% |
净利率CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | 5.1% | -15.6% | ||
| Q3 25 | 4.1% | 0.6% | ||
| Q2 25 | 1.7% | -8.3% | ||
| Q1 25 | 1.9% | -2.9% | ||
| Q4 24 | — | -0.3% | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | 3.9% | 4.0% |
每股收益（稀释后）CSTMDOW
| Q1 26 | — | $-2.16 | ||
| Q4 25 | $0.79 | $-2.16 | ||
| Q3 25 | $0.62 | $0.08 | ||
| Q2 25 | $0.25 | $-1.18 | ||
| Q1 25 | $0.26 | $-0.44 | ||
| Q4 24 | — | $-0.08 | ||
| Q3 24 | — | $0.30 | ||
| Q2 24 | $0.51 | $0.62 |
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 | $120.0M | $3.8B |
| 总债务越低越好 | $1.9B | $17.8B |
| 股东权益账面价值 | $952.0M | $16.0B |
| 总资产 | $5.4B | $58.5B |
| 负债/权益比越低杠杆越低 | 2.00× | 1.12× |
8季度趋势，按日历期对齐
现金及短期投资CSTMDOW
| Q1 26 | — | $3.8B | ||
| Q4 25 | $120.0M | $3.8B | ||
| Q3 25 | $122.0M | $4.6B | ||
| Q2 25 | $133.0M | $2.4B | ||
| Q1 25 | $118.0M | $1.5B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $2.9B | ||
| Q2 24 | — | $3.3B |
总债务CSTMDOW
| Q1 26 | — | $17.8B | ||
| Q4 25 | $1.9B | $17.8B | ||
| Q3 25 | $2.0B | $17.7B | ||
| Q2 25 | $2.0B | $16.2B | ||
| Q1 25 | $1.9B | $15.9B | ||
| Q4 24 | — | $15.7B | ||
| Q3 24 | — | $16.2B | ||
| Q2 24 | — | $16.0B |
股东权益CSTMDOW
| Q1 26 | — | $16.0B | ||
| Q4 25 | $952.0M | $16.0B | ||
| Q3 25 | $845.0M | $17.5B | ||
| Q2 25 | $780.0M | $17.2B | ||
| Q1 25 | $745.0M | $16.8B | ||
| Q4 24 | — | $17.4B | ||
| Q3 24 | — | $18.3B | ||
| Q2 24 | $796.0M | $18.3B |
总资产CSTMDOW
| Q1 26 | — | $58.5B | ||
| Q4 25 | $5.4B | $58.5B | ||
| Q3 25 | $5.4B | $61.0B | ||
| Q2 25 | $5.4B | $59.0B | ||
| Q1 25 | $5.2B | $57.5B | ||
| Q4 24 | — | $57.3B | ||
| Q3 24 | — | $59.4B | ||
| Q2 24 | — | $58.5B |
负债/权益比CSTMDOW
| Q1 26 | — | 1.12× | ||
| Q4 25 | 2.00× | 1.12× | ||
| Q3 25 | 2.34× | 1.01× | ||
| Q2 25 | 2.53× | 0.94× | ||
| Q1 25 | 2.56× | 0.95× | ||
| Q4 24 | — | 0.91× | ||
| Q3 24 | — | 0.88× | ||
| Q2 24 | — | 0.87× |
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 | $218.0M | — |
| 自由现金流经营现金流 - 资本支出 | $109.0M | — |
| 自由现金流率自由现金流/营收 | 5.0% | — |
| 资本支出强度资本支出/营收 | 5.0% | — |
| 现金转化率经营现金流/净利润 | 1.95× | — |
| 过去12个月自由现金流最近4个季度 | $159.0M | — |
8季度趋势，按日历期对齐
经营现金流CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | $218.0M | $284.0M | ||
| Q3 25 | $99.0M | $1.1B | ||
| Q2 25 | $114.0M | $-470.0M | ||
| Q1 25 | $58.0M | $91.0M | ||
| Q4 24 | — | $814.0M | ||
| Q3 24 | — | $800.0M | ||
| Q2 24 | $138.0M | $836.0M |
自由现金流CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | $109.0M | $-284.0M | ||
| Q3 25 | $24.0M | $563.0M | ||
| Q2 25 | $37.0M | $-1.1B | ||
| Q1 25 | $-11.0M | $-594.0M | ||
| Q4 24 | — | $47.0M | ||
| Q3 24 | — | $64.0M | ||
| Q2 24 | $54.0M | $113.0M |
自由现金流率CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | -3.0% | ||
| Q3 25 | 1.1% | 5.6% | ||
| Q2 25 | 1.8% | -11.2% | ||
| Q1 25 | -0.6% | -5.7% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | 2.8% | 1.0% |
资本支出强度CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | 6.0% | ||
| Q3 25 | 3.5% | 5.7% | ||
| Q2 25 | 3.7% | 6.6% | ||
| Q1 25 | 3.5% | 6.6% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | 4.3% | 6.6% |
现金转化率CSTMDOW
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | — | ||
| Q3 25 | 1.13× | 18.18× | ||
| Q2 25 | 3.17× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.74× | ||
| Q2 24 | 1.82× | 1.90× |
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
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% |
DOW
暂无分部数据
