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CONSTELLIUM SE（CSTM）与RELIANCE, INC.（RS）财务数据对比。点击上方公司名可切换其他公司
RELIANCE, INC.的季度营收约是CONSTELLIUM SE的1.6倍（$3.5B vs $2.2B），CONSTELLIUM SE净利率更高（5.1% vs 3.3%，领先1.7%），RELIANCE, INC.自由现金流更多（$202.9M 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。
Reliance, Inc.总部位于美国亚利桑那州斯科茨代尔，是北美规模最大的金属服务中心运营商。公司为12.5万家制造商、加工厂等客户提供金属加工服务，经销铝、黄铜、合金、铜、碳钢、不锈钢、钛等约10万种金属及特种金属产品。
CSTM vs RS — 直观对比
营收规模更大
RS
是对方的1.6倍
$2.2B
净利率更高
CSTM
高出1.7%
3.3%
自由现金流更多
RS
多$93.9M
$109.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.5B |
| 净利润 | $112.0M | $116.9M |
| 毛利率 | — | — |
| 营业利润率 | 7.5% | 4.8% |
| 净利率 | 5.1% | 3.3% |
| 营收同比 | — | 11.9% |
| 净利润同比 | — | 10.3% |
| 每股收益（稀释后） | $0.79 | $2.23 |
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CSTMRS
| Q4 25 | $2.2B | $3.5B | ||
| Q3 25 | $2.2B | $3.7B | ||
| Q2 25 | $2.1B | $3.7B | ||
| Q1 25 | $2.0B | $3.5B | ||
| Q4 24 | — | $3.1B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | $1.9B | $3.6B | ||
| Q1 24 | — | $3.6B |
净利润CSTMRS
| Q4 25 | $112.0M | $116.9M | ||
| Q3 25 | $88.0M | $189.5M | ||
| Q2 25 | $36.0M | $234.2M | ||
| Q1 25 | $37.0M | $200.5M | ||
| Q4 24 | — | $106.0M | ||
| Q3 24 | — | $199.2M | ||
| Q2 24 | $76.0M | $268.3M | ||
| Q1 24 | — | $303.8M |
营业利润率CSTMRS
| Q4 25 | 7.5% | 4.8% | ||
| Q3 25 | 5.8% | 7.1% | ||
| Q2 25 | 2.7% | 8.5% | ||
| Q1 25 | 3.1% | 7.9% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 8.0% | ||
| Q2 24 | 5.4% | 9.7% | ||
| Q1 24 | — | 10.8% |
净利率CSTMRS
| Q4 25 | 5.1% | 3.3% | ||
| Q3 25 | 4.1% | 5.2% | ||
| Q2 25 | 1.7% | 6.4% | ||
| Q1 25 | 1.9% | 5.8% | ||
| Q4 24 | — | 3.4% | ||
| Q3 24 | — | 5.8% | ||
| Q2 24 | 3.9% | 7.4% | ||
| Q1 24 | — | 8.3% |
每股收益（稀释后）CSTMRS
| Q4 25 | $0.79 | $2.23 | ||
| Q3 25 | $0.62 | $3.59 | ||
| Q2 25 | $0.25 | $4.42 | ||
| Q1 25 | $0.26 | $3.74 | ||
| Q4 24 | — | $2.05 | ||
| Q3 24 | — | $3.61 | ||
| Q2 24 | $0.51 | $4.67 | ||
| Q1 24 | — | $5.23 |
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 | $216.6M |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $952.0M | $7.2B |
| 总资产 | $5.4B | $10.4B |
| 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CSTMRS
| Q4 25 | $120.0M | $216.6M | ||
| Q3 25 | $122.0M | $261.2M | ||
| Q2 25 | $133.0M | $239.5M | ||
| Q1 25 | $118.0M | $277.8M | ||
| Q4 24 | — | $318.1M | ||
| Q3 24 | — | $314.6M | ||
| Q2 24 | — | $350.8M | ||
| Q1 24 | — | $934.9M |
总债务CSTMRS
| Q4 25 | $1.9B | — | ||
| Q3 25 | $2.0B | — | ||
| Q2 25 | $2.0B | — | ||
| Q1 25 | $1.9B | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益CSTMRS
| Q4 25 | $952.0M | $7.2B | ||
| Q3 25 | $845.0M | $7.3B | ||
| Q2 25 | $780.0M | $7.2B | ||
| Q1 25 | $745.0M | $7.1B | ||
| Q4 24 | — | $7.2B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | $796.0M | $7.6B | ||
| Q1 24 | — | $7.9B |
总资产CSTMRS
| Q4 25 | $5.4B | $10.4B | ||
| Q3 25 | $5.4B | $10.5B | ||
| Q2 25 | $5.4B | $10.5B | ||
| Q1 25 | $5.2B | $10.4B | ||
| Q4 24 | — | $10.0B | ||
| Q3 24 | — | $10.3B | ||
| Q2 24 | — | $10.4B | ||
| Q1 24 | — | $10.7B |
负债/权益比CSTMRS
| Q4 25 | 2.00× | — | ||
| Q3 25 | 2.34× | — | ||
| Q2 25 | 2.53× | — | ||
| Q1 25 | 2.56× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $276.1M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $202.9M |
| 自由现金流率自由现金流/营收 | 5.0% | 5.8% |
| 资本支出强度资本支出/营收 | 5.0% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.95× | 2.36× |
| 过去12个月自由现金流最近4个季度 | $159.0M | $502.5M |
8季度趋势，按日历期对齐
经营现金流CSTMRS
| Q4 25 | $218.0M | $276.1M | ||
| Q3 25 | $99.0M | $261.8M | ||
| Q2 25 | $114.0M | $229.0M | ||
| Q1 25 | $58.0M | $64.5M | ||
| Q4 24 | — | $473.3M | ||
| Q3 24 | — | $463.9M | ||
| Q2 24 | $138.0M | $366.3M | ||
| Q1 24 | — | $126.3M |
自由现金流CSTMRS
| Q4 25 | $109.0M | $202.9M | ||
| Q3 25 | $24.0M | $180.6M | ||
| Q2 25 | $37.0M | $141.4M | ||
| Q1 25 | $-11.0M | $-22.4M | ||
| Q4 24 | — | $362.4M | ||
| Q3 24 | — | $351.1M | ||
| Q2 24 | $54.0M | $268.1M | ||
| Q1 24 | — | $17.6M |
自由现金流率CSTMRS
| Q4 25 | 5.0% | 5.8% | ||
| Q3 25 | 1.1% | 4.9% | ||
| Q2 25 | 1.8% | 3.9% | ||
| Q1 25 | -0.6% | -0.6% | ||
| Q4 24 | — | 11.6% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | 2.8% | 7.4% | ||
| Q1 24 | — | 0.5% |
资本支出强度CSTMRS
| Q4 25 | 5.0% | 2.1% | ||
| Q3 25 | 3.5% | 2.2% | ||
| Q2 25 | 3.7% | 2.4% | ||
| Q1 25 | 3.5% | 2.5% | ||
| Q4 24 | — | 3.5% | ||
| Q3 24 | — | 3.3% | ||
| Q2 24 | 4.3% | 2.7% | ||
| Q1 24 | — | 3.0% |
现金转化率CSTMRS
| Q4 25 | 1.95× | 2.36× | ||
| Q3 25 | 1.13× | 1.38× | ||
| Q2 25 | 3.17× | 0.98× | ||
| Q1 25 | 1.57× | 0.32× | ||
| Q4 24 | — | 4.47× | ||
| Q3 24 | — | 2.33× | ||
| Q2 24 | 1.82× | 1.37× | ||
| Q1 24 | — | 0.42× |
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% |
RS
| Carbon Steel | $1.9B | 55% |
| Aluminum | $624.5M | 18% |
| Stainless Steel | $467.1M | 13% |
| Alloy Steel | $155.5M | 4% |
| Toll Processing | $155.3M | 4% |
| Copper And Brass | $93.5M | 3% |
| Other Products Or Services | $80.4M | 2% |
