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CONSTELLIUM SE（CSTM）与达登餐饮（DRI）财务数据对比。点击上方公司名可切换其他公司
达登餐饮的季度营收约是CONSTELLIUM SE的1.4倍（$3.1B vs $2.2B），达登餐饮净利率更高（7.6% vs 5.1%，领先2.6%），达登餐饮自由现金流更多（$119.8M vs $109.0M）
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。
达登餐饮是总部位于美国佛罗里达州奥兰多的多品牌全服务餐饮运营商，为全球规模最大的全服务餐饮集团，旗下拥有超1800家门店，员工逾17.5万名。品牌前身由威廉·达登创立，最初获通用磨坊投资，旗下红龙虾品牌于2014年7月售出。
CSTM vs DRI — 直观对比
营收规模更大
DRI
是对方的1.4倍
$2.2B
净利率更高
DRI
高出2.6%
5.1%
自由现金流更多
DRI
多$10.8M
$109.0M
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.1B |
| 净利润 | $112.0M | $237.2M |
| 毛利率 | — | 18.7% |
| 营业利润率 | 7.5% | 10.3% |
| 净利率 | 5.1% | 7.6% |
| 营收同比 | — | 7.3% |
| 净利润同比 | — | 10.3% |
| 每股收益（稀释后） | $0.79 | $2.03 |
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CSTMDRI
| Q4 25 | $2.2B | $3.1B | ||
| Q3 25 | $2.2B | $3.0B | ||
| Q2 25 | $2.1B | $3.3B | ||
| Q1 25 | $2.0B | $3.2B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | $1.9B | $3.0B | ||
| Q1 24 | — | $3.0B |
净利润CSTMDRI
| Q4 25 | $112.0M | $237.2M | ||
| Q3 25 | $88.0M | $257.8M | ||
| Q2 25 | $36.0M | $303.9M | ||
| Q1 25 | $37.0M | $323.4M | ||
| Q4 24 | — | $215.1M | ||
| Q3 24 | — | $207.2M | ||
| Q2 24 | $76.0M | $308.1M | ||
| Q1 24 | — | $312.9M |
毛利率CSTMDRI
| Q4 25 | — | 18.7% | ||
| Q3 25 | — | 18.9% | ||
| Q2 25 | — | 22.1% | ||
| Q1 25 | — | 21.1% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 18.8% | ||
| Q2 24 | — | 20.9% | ||
| Q1 24 | — | 20.6% |
营业利润率CSTMDRI
| Q4 25 | 7.5% | 10.3% | ||
| Q3 25 | 5.8% | 11.1% | ||
| Q2 25 | 2.7% | 11.7% | ||
| Q1 25 | 3.1% | 13.2% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | 5.4% | 13.4% | ||
| Q1 24 | — | 13.0% |
净利率CSTMDRI
| Q4 25 | 5.1% | 7.6% | ||
| Q3 25 | 4.1% | 8.5% | ||
| Q2 25 | 1.7% | 9.3% | ||
| Q1 25 | 1.9% | 10.2% | ||
| Q4 24 | — | 7.4% | ||
| Q3 24 | — | 7.5% | ||
| Q2 24 | 3.9% | 10.4% | ||
| Q1 24 | — | 10.5% |
每股收益（稀释后）CSTMDRI
| Q4 25 | $0.79 | $2.03 | ||
| Q3 25 | $0.62 | $2.19 | ||
| Q2 25 | $0.25 | $2.56 | ||
| Q1 25 | $0.26 | $2.74 | ||
| Q4 24 | — | $1.82 | ||
| Q3 24 | — | $1.74 | ||
| Q2 24 | $0.51 | $2.56 | ||
| Q1 24 | — | $2.60 |
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 | $224.1M |
| 总债务越低越好 | $1.9B | $2.1B |
| 股东权益账面价值 | $952.0M | $2.1B |
| 总资产 | $5.4B | $12.9B |
| 负债/权益比越低杠杆越低 | 2.00× | 1.03× |
8季度趋势，按日历期对齐
现金及短期投资CSTMDRI
| Q4 25 | $120.0M | $224.1M | ||
| Q3 25 | $122.0M | $211.0M | ||
| Q2 25 | $133.0M | $240.0M | ||
| Q1 25 | $118.0M | $224.2M | ||
| Q4 24 | — | $217.3M | ||
| Q3 24 | — | $192.5M | ||
| Q2 24 | — | $194.8M | ||
| Q1 24 | — | $243.9M |
总债务CSTMDRI
| Q4 25 | $1.9B | $2.1B | ||
| Q3 25 | $2.0B | $2.1B | ||
| Q2 25 | $2.0B | $2.1B | ||
| Q1 25 | $1.9B | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B | ||
| Q1 24 | — | $1.4B |
股东权益CSTMDRI
| Q4 25 | $952.0M | $2.1B | ||
| Q3 25 | $845.0M | $2.2B | ||
| Q2 25 | $780.0M | $2.3B | ||
| Q1 25 | $745.0M | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | $796.0M | $2.2B | ||
| Q1 24 | — | $2.2B |
总资产CSTMDRI
| Q4 25 | $5.4B | $12.9B | ||
| Q3 25 | $5.4B | $12.8B | ||
| Q2 25 | $5.4B | $12.6B | ||
| Q1 25 | $5.2B | $12.6B | ||
| Q4 24 | — | $12.5B | ||
| Q3 24 | — | $11.4B | ||
| Q2 24 | — | $11.3B | ||
| Q1 24 | — | $11.4B |
负债/权益比CSTMDRI
| Q4 25 | 2.00× | 1.03× | ||
| Q3 25 | 2.34× | 0.96× | ||
| Q2 25 | 2.53× | 0.92× | ||
| Q1 25 | 2.56× | 0.96× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 0.61× | ||
| Q1 24 | — | 0.63× |
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 | $320.7M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $119.8M |
| 自由现金流率自由现金流/营收 | 5.0% | 3.9% |
| 资本支出强度资本支出/营收 | 5.0% | 6.5% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.35× |
| 过去12个月自由现金流最近4个季度 | $159.0M | $1.0B |
8季度趋势，按日历期对齐
经营现金流CSTMDRI
| Q4 25 | $218.0M | $320.7M | ||
| Q3 25 | $99.0M | $342.5M | ||
| Q2 25 | $114.0M | $457.0M | ||
| Q1 25 | $58.0M | $588.2M | ||
| Q4 24 | — | $388.6M | ||
| Q3 24 | — | $273.2M | ||
| Q2 24 | $138.0M | $426.0M | ||
| Q1 24 | — | $585.8M |
自由现金流CSTMDRI
| Q4 25 | $109.0M | $119.8M | ||
| Q3 25 | $24.0M | $168.4M | ||
| Q2 25 | $37.0M | $285.0M | ||
| Q1 25 | $-11.0M | $430.1M | ||
| Q4 24 | — | $219.3M | ||
| Q3 24 | — | $128.0M | ||
| Q2 24 | $54.0M | $285.6M | ||
| Q1 24 | — | $437.4M |
自由现金流率CSTMDRI
| Q4 25 | 5.0% | 3.9% | ||
| Q3 25 | 1.1% | 5.5% | ||
| Q2 25 | 1.8% | 8.7% | ||
| Q1 25 | -0.6% | 13.6% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 4.6% | ||
| Q2 24 | 2.8% | 9.7% | ||
| Q1 24 | — | 14.7% |
资本支出强度CSTMDRI
| Q4 25 | 5.0% | 6.5% | ||
| Q3 25 | 3.5% | 5.7% | ||
| Q2 25 | 3.7% | 5.3% | ||
| Q1 25 | 3.5% | 5.0% | ||
| Q4 24 | — | 5.9% | ||
| Q3 24 | — | 5.3% | ||
| Q2 24 | 4.3% | 4.7% | ||
| Q1 24 | — | 5.0% |
现金转化率CSTMDRI
| Q4 25 | 1.95× | 1.35× | ||
| Q3 25 | 1.13× | 1.33× | ||
| Q2 25 | 3.17× | 1.50× | ||
| Q1 25 | 1.57× | 1.82× | ||
| Q4 24 | — | 1.81× | ||
| Q3 24 | — | 1.32× | ||
| Q2 24 | 1.82× | 1.38× | ||
| Q1 24 | — | 1.87× |
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% |
DRI
| Olive Garden Segment | $1.4B | 44% |
| Long Horn Steakhouse Segment | $775.9M | 25% |
| Other | $647.3M | 21% |
| Fine Dining Segment | $316.2M | 10% |
