vs
CONSTELLIUM SE（CSTM）与安森美半导体（ON）财务数据对比。点击上方公司名可切换其他公司
CONSTELLIUM SE的季度营收约是安森美半导体的1.4倍（$2.2B vs $1.6B），安森美半导体净利率更高（16.4% vs 5.1%，领先11.4%），安森美半导体自由现金流更多（$372.4M 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。
安森美半导体旗下原仙童半导体是总部位于美国加利福尼亚州圣何塞的半导体企业，1957年由从肖克利半导体实验室离职的“八叛逆”创立，是晶体管和集成电路制造领域的先驱，曾历经多次股权变更，1997年再度独立运营后并入安森美。
CSTM vs ON — 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
ON
高出11.4%
5.1%
自由现金流更多
ON
多$263.4M
$109.0M
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.6B |
| 净利润 | $112.0M | $255.0M |
| 毛利率 | — | 37.9% |
| 营业利润率 | 7.5% | 17.0% |
| 净利率 | 5.1% | 16.4% |
| 营收同比 | — | -10.0% |
| 净利润同比 | — | -32.9% |
| 每股收益（稀释后） | $0.79 | $0.63 |
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CSTMON
| Q4 25 | $2.2B | $1.6B | ||
| Q3 25 | $2.2B | $1.5B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.0B | — | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.8B | ||
| Q2 24 | $1.9B | $1.7B | ||
| Q1 24 | — | $1.9B |
净利润CSTMON
| Q4 25 | $112.0M | $255.0M | ||
| Q3 25 | $88.0M | $170.3M | ||
| Q2 25 | $36.0M | $-486.1M | ||
| Q1 25 | $37.0M | — | ||
| Q4 24 | — | $379.9M | ||
| Q3 24 | — | $401.7M | ||
| Q2 24 | $76.0M | $338.2M | ||
| Q1 24 | — | $453.0M |
毛利率CSTMON
| Q4 25 | — | 37.9% | ||
| Q3 25 | — | 37.6% | ||
| Q2 25 | — | 20.3% | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 45.2% | ||
| Q3 24 | — | 45.4% | ||
| Q2 24 | — | 45.2% | ||
| Q1 24 | — | 45.8% |
营业利润率CSTMON
| Q4 25 | 7.5% | 17.0% | ||
| Q3 25 | 5.8% | 13.2% | ||
| Q2 25 | 2.7% | -39.7% | ||
| Q1 25 | 3.1% | — | ||
| Q4 24 | — | 23.7% | ||
| Q3 24 | — | 25.3% | ||
| Q2 24 | 5.4% | 22.4% | ||
| Q1 24 | — | 28.2% |
净利率CSTMON
| Q4 25 | 5.1% | 16.4% | ||
| Q3 25 | 4.1% | 11.6% | ||
| Q2 25 | 1.7% | -33.6% | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | — | 22.8% | ||
| Q2 24 | 3.9% | 19.5% | ||
| Q1 24 | — | 24.3% |
每股收益（稀释后）CSTMON
| Q4 25 | $0.79 | $0.63 | ||
| Q3 25 | $0.62 | $0.41 | ||
| Q2 25 | $0.25 | $-1.15 | ||
| Q1 25 | $0.26 | — | ||
| Q4 24 | — | $0.88 | ||
| Q3 24 | — | $0.93 | ||
| Q2 24 | $0.51 | $0.78 | ||
| Q1 24 | — | $1.04 |
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 | $2.9B |
| 总债务越低越好 | $1.9B | $3.4B |
| 股东权益账面价值 | $952.0M | $7.9B |
| 总资产 | $5.4B | $13.0B |
| 负债/权益比越低杠杆越低 | 2.00× | 0.43× |
8季度趋势，按日历期对齐
现金及短期投资CSTMON
| Q4 25 | $120.0M | $2.9B | ||
| Q3 25 | $122.0M | $2.8B | ||
| Q2 25 | $133.0M | $3.0B | ||
| Q1 25 | $118.0M | — | ||
| Q4 24 | — | $3.0B | ||
| Q3 24 | — | $2.8B | ||
| Q2 24 | — | $2.7B | ||
| Q1 24 | — | $2.6B |
总债务CSTMON
| Q4 25 | $1.9B | $3.4B | ||
| Q3 25 | $2.0B | $3.4B | ||
| Q2 25 | $2.0B | $3.4B | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $3.4B | ||
| Q1 24 | — | $3.4B |
股东权益CSTMON
| Q4 25 | $952.0M | $7.9B | ||
| Q3 25 | $845.0M | $7.9B | ||
| Q2 25 | $780.0M | $8.0B | ||
| Q1 25 | $745.0M | — | ||
| Q4 24 | — | $8.8B | ||
| Q3 24 | — | $8.6B | ||
| Q2 24 | $796.0M | $8.3B | ||
| Q1 24 | — | $8.1B |
总资产CSTMON
| Q4 25 | $5.4B | $13.0B | ||
| Q3 25 | $5.4B | $13.1B | ||
| Q2 25 | $5.4B | $13.3B | ||
| Q1 25 | $5.2B | — | ||
| Q4 24 | — | $14.1B | ||
| Q3 24 | — | $13.9B | ||
| Q2 24 | — | $13.7B | ||
| Q1 24 | — | $13.5B |
负债/权益比CSTMON
| Q4 25 | 2.00× | 0.43× | ||
| Q3 25 | 2.34× | 0.43× | ||
| Q2 25 | 2.53× | 0.42× | ||
| Q1 25 | 2.56× | — | ||
| Q4 24 | — | 0.38× | ||
| Q3 24 | — | 0.39× | ||
| Q2 24 | — | 0.41× | ||
| Q1 24 | — | 0.42× |
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 | $418.7M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $372.4M |
| 自由现金流率自由现金流/营收 | 5.0% | 24.0% |
| 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× | 1.64× |
| 过去12个月自由现金流最近4个季度 | $159.0M | $1.4B |
8季度趋势，按日历期对齐
经营现金流CSTMON
| Q4 25 | $218.0M | $418.7M | ||
| Q3 25 | $99.0M | $184.3M | ||
| Q2 25 | $114.0M | $602.3M | ||
| Q1 25 | $58.0M | — | ||
| Q4 24 | — | $579.7M | ||
| Q3 24 | — | $465.8M | ||
| Q2 24 | $138.0M | $362.2M | ||
| Q1 24 | — | $498.7M |
自由现金流CSTMON
| Q4 25 | $109.0M | $372.4M | ||
| Q3 25 | $24.0M | $106.1M | ||
| Q2 25 | $37.0M | $454.7M | ||
| Q1 25 | $-11.0M | — | ||
| Q4 24 | — | $434.8M | ||
| Q3 24 | — | $293.6M | ||
| Q2 24 | $54.0M | $207.7M | ||
| Q1 24 | — | $276.3M |
自由现金流率CSTMON
| Q4 25 | 5.0% | 24.0% | ||
| Q3 25 | 1.1% | 7.2% | ||
| Q2 25 | 1.8% | 31.5% | ||
| Q1 25 | -0.6% | — | ||
| Q4 24 | — | 25.2% | ||
| Q3 24 | — | 16.7% | ||
| Q2 24 | 2.8% | 12.0% | ||
| Q1 24 | — | 14.8% |
资本支出强度CSTMON
| Q4 25 | 5.0% | 3.0% | ||
| Q3 25 | 3.5% | 5.3% | ||
| Q2 25 | 3.7% | 10.2% | ||
| Q1 25 | 3.5% | — | ||
| Q4 24 | — | 8.4% | ||
| Q3 24 | — | 9.8% | ||
| Q2 24 | 4.3% | 8.9% | ||
| Q1 24 | — | 11.9% |
现金转化率CSTMON
| Q4 25 | 1.95× | 1.64× | ||
| Q3 25 | 1.13× | 1.08× | ||
| Q2 25 | 3.17× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | 1.53× | ||
| Q3 24 | — | 1.16× | ||
| Q2 24 | 1.82× | 1.07× | ||
| Q1 24 | — | 1.10× |
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% |
ON
| Industrial Segment | $426.3M | 27% |
| Other End Markets Segment | $337.3M | 22% |
| Intelligent Sensing Segments | $284.0M | 18% |
| Direct Customers | $282.4M | 18% |
| Intelligent Sensing Group | $230.0M | 15% |
