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CONSTELLIUM SE（CSTM）与北极星（PII）财务数据对比。点击上方公司名可切换其他公司
CONSTELLIUM SE的季度营收约是北极星的1.3倍（$2.2B vs $1.7B），CONSTELLIUM SE净利率更高（5.1% vs -2.8%，领先7.9%），CONSTELLIUM SE自由现金流更多（$109.0M vs $-342.5M）
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。
北极星公司（Polaris Inc.）是总部位于美国明尼苏达州麦地那的机动车制造企业，创立于明尼苏达州罗索，当地目前仍保留其工程研发与生产设施。公司曾通过胜利摩托子公司生产摩托车，2011年收购印第安摩托品牌后转由该子公司运营摩托业务，此前还曾生产私人水上摩托艇产品。
CSTM vs PII — 直观对比
营收规模更大
CSTM
是对方的1.3倍
$1.7B
净利率更高
CSTM
高出7.9%
-2.8%
自由现金流更多
CSTM
多$451.5M
$-342.5M
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.7B |
| 净利润 | $112.0M | $-47.2M |
| 毛利率 | — | 20.2% |
| 营业利润率 | 7.5% | — |
| 净利率 | 5.1% | -2.8% |
| 营收同比 | — | 8.0% |
| 净利润同比 | — | 29.2% |
| 每股收益（稀释后） | $0.79 | $-0.83 |
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CSTMPII
| Q1 26 | — | $1.7B | ||
| Q4 25 | $2.2B | $1.9B | ||
| Q3 25 | $2.2B | $1.8B | ||
| Q2 25 | $2.1B | $1.9B | ||
| Q1 25 | $2.0B | $1.5B | ||
| Q4 24 | — | $1.8B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $1.9B | $2.0B |
净利润CSTMPII
| Q1 26 | — | $-47.2M | ||
| Q4 25 | $112.0M | $-303.6M | ||
| Q3 25 | $88.0M | $-15.8M | ||
| Q2 25 | $36.0M | $-79.3M | ||
| Q1 25 | $37.0M | $-66.8M | ||
| Q4 24 | — | $10.6M | ||
| Q3 24 | — | $27.7M | ||
| Q2 24 | $76.0M | $68.7M |
毛利率CSTMPII
| Q1 26 | — | 20.2% | ||
| Q4 25 | — | 20.0% | ||
| Q3 25 | — | 20.7% | ||
| Q2 25 | — | 19.4% | ||
| Q1 25 | — | 16.0% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 20.6% | ||
| Q2 24 | — | 21.6% |
营业利润率CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | -16.7% | ||
| Q3 25 | 5.8% | 1.1% | ||
| Q2 25 | 2.7% | -0.7% | ||
| Q1 25 | 3.1% | -2.4% | ||
| Q4 24 | — | 3.7% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | 5.4% | 6.1% |
净利率CSTMPII
| Q1 26 | — | -2.8% | ||
| Q4 25 | 5.1% | -15.8% | ||
| Q3 25 | 4.1% | -0.9% | ||
| Q2 25 | 1.7% | -4.3% | ||
| Q1 25 | 1.9% | -4.3% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | 3.9% | 3.5% |
每股收益（稀释后）CSTMPII
| Q1 26 | — | $-0.83 | ||
| Q4 25 | $0.79 | $-5.34 | ||
| Q3 25 | $0.62 | $-0.28 | ||
| Q2 25 | $0.25 | $-1.39 | ||
| Q1 25 | $0.26 | $-1.17 | ||
| Q4 24 | — | $0.18 | ||
| Q3 24 | — | $0.49 | ||
| Q2 24 | $0.51 | $1.21 |
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 | $282.0M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $952.0M | $750.4M |
| 总资产 | $5.4B | $5.2B |
| 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CSTMPII
| Q1 26 | — | $282.0M | ||
| Q4 25 | $120.0M | $138.0M | ||
| Q3 25 | $122.0M | $335.5M | ||
| Q2 25 | $133.0M | $324.3M | ||
| Q1 25 | $118.0M | $291.7M | ||
| Q4 24 | — | $287.8M | ||
| Q3 24 | — | $291.3M | ||
| Q2 24 | — | $322.7M |
总债务CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $1.5B | ||
| Q3 25 | $2.0B | $1.3B | ||
| Q2 25 | $2.0B | $1.4B | ||
| Q1 25 | $1.9B | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $2.1B |
股东权益CSTMPII
| Q1 26 | — | $750.4M | ||
| Q4 25 | $952.0M | $828.4M | ||
| Q3 25 | $845.0M | $1.1B | ||
| Q2 25 | $780.0M | $1.2B | ||
| Q1 25 | $745.0M | $1.2B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | $796.0M | $1.3B |
总资产CSTMPII
| Q1 26 | — | $5.2B | ||
| Q4 25 | $5.4B | $4.9B | ||
| Q3 25 | $5.4B | $5.3B | ||
| Q2 25 | $5.4B | $5.4B | ||
| Q1 25 | $5.2B | $5.5B | ||
| Q4 24 | — | $5.5B | ||
| Q3 24 | — | $5.6B | ||
| Q2 24 | — | $5.7B |
负债/权益比CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | 2.00× | 1.82× | ||
| Q3 25 | 2.34× | 1.13× | ||
| Q2 25 | 2.53× | 1.17× | ||
| Q1 25 | 2.56× | 1.32× | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 1.56× |
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 | $-342.5M |
| 自由现金流率自由现金流/营收 | 5.0% | -20.6% |
| 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 | $168.0M |
8季度趋势，按日历期对齐
经营现金流CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | $218.0M | $178.7M | ||
| Q3 25 | $99.0M | $158.8M | ||
| Q2 25 | $114.0M | $320.3M | ||
| Q1 25 | $58.0M | $83.2M | ||
| Q4 24 | — | $206.3M | ||
| Q3 24 | — | $21.0M | ||
| Q2 24 | $138.0M | $146.3M |
自由现金流CSTMPII
| Q1 26 | — | $-342.5M | ||
| Q4 25 | $109.0M | $114.0M | ||
| Q3 25 | $24.0M | $116.7M | ||
| Q2 25 | $37.0M | $279.8M | ||
| Q1 25 | $-11.0M | $47.6M | ||
| Q4 24 | — | $137.3M | ||
| Q3 24 | — | $-32.4M | ||
| Q2 24 | $54.0M | $79.1M |
自由现金流率CSTMPII
| Q1 26 | — | -20.6% | ||
| Q4 25 | 5.0% | 5.9% | ||
| Q3 25 | 1.1% | 6.3% | ||
| Q2 25 | 1.8% | 15.1% | ||
| Q1 25 | -0.6% | 3.1% | ||
| Q4 24 | — | 7.8% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | 2.8% | 4.0% |
资本支出强度CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | 3.4% | ||
| Q3 25 | 3.5% | 2.3% | ||
| Q2 25 | 3.7% | 2.2% | ||
| Q1 25 | 3.5% | 2.3% | ||
| Q4 24 | — | 3.9% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | 4.3% | 3.4% |
现金转化率CSTMPII
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | — | ||
| Q3 25 | 1.13× | — | ||
| Q2 25 | 3.17× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | 19.46× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | 1.82× | 2.13× |
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% |
PII
暂无分部数据
