vs
CONSTELLIUM SE（CSTM）与Fastenal（FAST）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Fastenal的1.1倍（$2.2B vs $2.0B），Fastenal净利率更高（14.5% vs 5.1%，领先9.4%），Fastenal自由现金流更多（$308.2M 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。
Fastenal是1967年成立的美国上市企业，总部位于明尼苏达州威诺纳，是北美最大的紧固件分销商，同时也是工业和建筑用品的主流供应商，可提供货柜备货、智能售货柜、库存管理、物流配送等一站式供应链解决方案。
CSTM vs FAST — 直观对比
营收规模更大
CSTM
是对方的1.1倍
$2.0B
净利率更高
FAST
高出9.4%
5.1%
自由现金流更多
FAST
多$199.2M
$109.0M
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $2.0B |
| 净利润 | $112.0M | $293.9M |
| 毛利率 | — | 44.3% |
| 营业利润率 | 7.5% | 18.9% |
| 净利率 | 5.1% | 14.5% |
| 营收同比 | — | 3.5% |
| 净利润同比 | — | -1.6% |
| 每股收益（稀释后） | $0.79 | $-0.01 |
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CSTMFAST
| Q1 26 | — | $2.0B | ||
| Q4 25 | $2.2B | $2.0B | ||
| Q3 25 | $2.2B | $2.1B | ||
| Q2 25 | $2.1B | $2.1B | ||
| Q1 25 | $2.0B | $2.0B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.9B | ||
| Q2 24 | $1.9B | $1.9B |
净利润CSTMFAST
| Q1 26 | — | $293.9M | ||
| Q4 25 | $112.0M | $293.9M | ||
| Q3 25 | $88.0M | $335.5M | ||
| Q2 25 | $36.0M | $330.3M | ||
| Q1 25 | $37.0M | $298.7M | ||
| Q4 24 | — | $262.1M | ||
| Q3 24 | — | $298.1M | ||
| Q2 24 | $76.0M | $292.7M |
毛利率CSTMFAST
| Q1 26 | — | 44.3% | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 45.3% | ||
| Q2 25 | — | 45.3% | ||
| Q1 25 | — | 45.1% | ||
| Q4 24 | — | 44.8% | ||
| Q3 24 | — | 44.9% | ||
| Q2 24 | — | 45.1% |
营业利润率CSTMFAST
| Q1 26 | — | 18.9% | ||
| Q4 25 | 7.5% | 18.9% | ||
| Q3 25 | 5.8% | 20.7% | ||
| Q2 25 | 2.7% | 21.0% | ||
| Q1 25 | 3.1% | 20.1% | ||
| Q4 24 | — | 18.9% | ||
| Q3 24 | — | 20.3% | ||
| Q2 24 | 5.4% | 20.2% |
净利率CSTMFAST
| Q1 26 | — | 14.5% | ||
| Q4 25 | 5.1% | 14.5% | ||
| Q3 25 | 4.1% | 15.7% | ||
| Q2 25 | 1.7% | 15.9% | ||
| Q1 25 | 1.9% | 15.2% | ||
| Q4 24 | — | 14.4% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | 3.9% | 15.3% |
每股收益（稀释后）CSTMFAST
| Q1 26 | — | $-0.01 | ||
| Q4 25 | $0.79 | $-0.01 | ||
| Q3 25 | $0.62 | $0.29 | ||
| Q2 25 | $0.25 | $0.29 | ||
| Q1 25 | $0.26 | $0.52 | ||
| Q4 24 | — | $0.45 | ||
| Q3 24 | — | $0.52 | ||
| Q2 24 | $0.51 | $0.51 |
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 | $276.8M |
| 总债务越低越好 | $1.9B | $125.0M |
| 股东权益账面价值 | $952.0M | $3.9B |
| 总资产 | $5.4B | $5.1B |
| 负债/权益比越低杠杆越低 | 2.00× | 0.03× |
8季度趋势，按日历期对齐
现金及短期投资CSTMFAST
| Q1 26 | — | $276.8M | ||
| Q4 25 | $120.0M | $276.8M | ||
| Q3 25 | $122.0M | $288.1M | ||
| Q2 25 | $133.0M | $237.8M | ||
| Q1 25 | $118.0M | $231.8M | ||
| Q4 24 | — | $255.8M | ||
| Q3 24 | — | $292.2M | ||
| Q2 24 | — | $255.5M |
总债务CSTMFAST
| Q1 26 | — | $125.0M | ||
| Q4 25 | $1.9B | $125.0M | ||
| Q3 25 | $2.0B | $195.0M | ||
| Q2 25 | $2.0B | $230.0M | ||
| Q1 25 | $1.9B | $200.0M | ||
| Q4 24 | — | $200.0M | ||
| Q3 24 | — | $240.0M | ||
| Q2 24 | — | $235.0M |
股东权益CSTMFAST
| Q1 26 | — | $3.9B | ||
| Q4 25 | $952.0M | $3.9B | ||
| Q3 25 | $845.0M | $3.9B | ||
| Q2 25 | $780.0M | $3.8B | ||
| Q1 25 | $745.0M | $3.7B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.6B | ||
| Q2 24 | $796.0M | $3.5B |
总资产CSTMFAST
| Q1 26 | — | $5.1B | ||
| Q4 25 | $5.4B | $5.1B | ||
| Q3 25 | $5.4B | $5.1B | ||
| Q2 25 | $5.4B | $5.0B | ||
| Q1 25 | $5.2B | $4.9B | ||
| Q4 24 | — | $4.7B | ||
| Q3 24 | — | $4.7B | ||
| Q2 24 | — | $4.6B |
负债/权益比CSTMFAST
| Q1 26 | — | 0.03× | ||
| Q4 25 | 2.00× | 0.03× | ||
| Q3 25 | 2.34× | 0.05× | ||
| Q2 25 | 2.53× | 0.06× | ||
| Q1 25 | 2.56× | 0.05× | ||
| Q4 24 | — | 0.06× | ||
| Q3 24 | — | 0.07× | ||
| Q2 24 | — | 0.07× |
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 | $368.2M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $308.2M |
| 自由现金流率自由现金流/营收 | 5.0% | 15.2% |
| 资本支出强度资本支出/营收 | 5.0% | 3.0% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.25× |
| 过去12个月自由现金流最近4个季度 | $159.0M | $1.2B |
8季度趋势，按日历期对齐
经营现金流CSTMFAST
| Q1 26 | — | $368.2M | ||
| Q4 25 | $218.0M | $368.2M | ||
| Q3 25 | $99.0M | $386.9M | ||
| Q2 25 | $114.0M | $278.6M | ||
| Q1 25 | $58.0M | $262.2M | ||
| Q4 24 | — | $282.8M | ||
| Q3 24 | — | $296.9M | ||
| Q2 24 | $138.0M | $258.0M |
自由现金流CSTMFAST
| Q1 26 | — | $308.2M | ||
| Q4 25 | $109.0M | $308.2M | ||
| Q3 25 | $24.0M | $326.6M | ||
| Q2 25 | $37.0M | $209.3M | ||
| Q1 25 | $-11.0M | $206.5M | ||
| Q4 24 | — | $222.6M | ||
| Q3 24 | — | $237.5M | ||
| Q2 24 | $54.0M | $201.9M |
自由现金流率CSTMFAST
| Q1 26 | — | 15.2% | ||
| Q4 25 | 5.0% | 15.2% | ||
| Q3 25 | 1.1% | 15.3% | ||
| Q2 25 | 1.8% | 10.1% | ||
| Q1 25 | -0.6% | 10.5% | ||
| Q4 24 | — | 12.2% | ||
| Q3 24 | — | 12.4% | ||
| Q2 24 | 2.8% | 10.5% |
资本支出强度CSTMFAST
| Q1 26 | — | 3.0% | ||
| Q4 25 | 5.0% | 3.0% | ||
| Q3 25 | 3.5% | 2.8% | ||
| Q2 25 | 3.7% | 3.3% | ||
| Q1 25 | 3.5% | 2.8% | ||
| Q4 24 | — | 3.3% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | 4.3% | 2.9% |
现金转化率CSTMFAST
| Q1 26 | — | 1.25× | ||
| Q4 25 | 1.95× | 1.25× | ||
| Q3 25 | 1.13× | 1.15× | ||
| Q2 25 | 3.17× | 0.84× | ||
| Q1 25 | 1.57× | 0.88× | ||
| Q4 24 | — | 1.08× | ||
| Q3 24 | — | 1.00× | ||
| Q2 24 | 1.82× | 0.88× |
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% |
FAST
| Reportable Segment Aggregation Before Other Operating Segment | $1.8B | 90% |
| Other | $211.2M | 10% |
