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CONSTELLIUM SE（CSTM）与RXO, Inc.（RXO）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RXO, Inc.的1.5倍（$2.2B vs $1.5B），CONSTELLIUM SE净利率更高（5.1% vs -3.1%，领先8.2%），CONSTELLIUM SE自由现金流更多（$109.0M vs $-9.0M）
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。
RXO是总部位于美国的头部运输及物流解决方案供应商，核心业务覆盖货运经纪、大件商品最后一公里配送、运输管理服务与全链路供应链优化支持，主要服务北美制造业、零售业及电商领域的客户。
CSTM vs RXO — 直观对比
营收规模更大
CSTM
是对方的1.5倍
$1.5B
净利率更高
CSTM
高出8.2%
-3.1%
自由现金流更多
CSTM
多$118.0M
$-9.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $1.5B |
| 净利润 | $112.0M | $-46.0M |
| 毛利率 | — | — |
| 营业利润率 | 7.5% | -2.9% |
| 净利率 | 5.1% | -3.1% |
| 营收同比 | — | -11.9% |
| 净利润同比 | — | -84.0% |
| 每股收益（稀释后） | $0.79 | $-0.28 |
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CSTMRXO
| Q4 25 | $2.2B | $1.5B | ||
| Q3 25 | $2.2B | $1.4B | ||
| Q2 25 | $2.1B | $1.4B | ||
| Q1 25 | $2.0B | $1.4B | ||
| Q4 24 | — | $1.7B | ||
| Q3 24 | — | $1.0B | ||
| Q2 24 | $1.9B | $930.0M | ||
| Q1 24 | — | $913.0M |
净利润CSTMRXO
| Q4 25 | $112.0M | $-46.0M | ||
| Q3 25 | $88.0M | $-14.0M | ||
| Q2 25 | $36.0M | $-9.0M | ||
| Q1 25 | $37.0M | $-31.0M | ||
| Q4 24 | — | $-25.0M | ||
| Q3 24 | — | $-243.0M | ||
| Q2 24 | $76.0M | $-7.0M | ||
| Q1 24 | — | $-15.0M |
营业利润率CSTMRXO
| Q4 25 | 7.5% | -2.9% | ||
| Q3 25 | 5.8% | -0.5% | ||
| Q2 25 | 2.7% | — | ||
| Q1 25 | 3.1% | -2.1% | ||
| Q4 24 | — | -1.4% | ||
| Q3 24 | — | -1.9% | ||
| Q2 24 | 5.4% | — | ||
| Q1 24 | — | -1.3% |
净利率CSTMRXO
| Q4 25 | 5.1% | -3.1% | ||
| Q3 25 | 4.1% | -1.0% | ||
| Q2 25 | 1.7% | -0.6% | ||
| Q1 25 | 1.9% | -2.2% | ||
| Q4 24 | — | -1.5% | ||
| Q3 24 | — | -23.4% | ||
| Q2 24 | 3.9% | -0.8% | ||
| Q1 24 | — | -1.6% |
每股收益（稀释后）CSTMRXO
| Q4 25 | $0.79 | $-0.28 | ||
| Q3 25 | $0.62 | $-0.08 | ||
| Q2 25 | $0.25 | $-0.05 | ||
| Q1 25 | $0.26 | $-0.18 | ||
| Q4 24 | — | $-0.17 | ||
| Q3 24 | — | $-1.81 | ||
| Q2 24 | $0.51 | $-0.06 | ||
| Q1 24 | — | $-0.13 |
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 | $17.0M |
| 总债务越低越好 | $1.9B | $387.0M |
| 股东权益账面价值 | $952.0M | $1.5B |
| 总资产 | $5.4B | $3.3B |
| 负债/权益比越低杠杆越低 | 2.00× | 0.25× |
8季度趋势，按日历期对齐
现金及短期投资CSTMRXO
| Q4 25 | $120.0M | $17.0M | ||
| Q3 25 | $122.0M | $25.0M | ||
| Q2 25 | $133.0M | $18.0M | ||
| Q1 25 | $118.0M | $16.0M | ||
| Q4 24 | — | $35.0M | ||
| Q3 24 | — | $55.0M | ||
| Q2 24 | — | $7.0M | ||
| Q1 24 | — | $7.0M |
总债务CSTMRXO
| Q4 25 | $1.9B | $387.0M | ||
| Q3 25 | $2.0B | $387.0M | ||
| Q2 25 | $2.0B | $387.0M | ||
| Q1 25 | $1.9B | $387.0M | ||
| Q4 24 | — | $351.0M | ||
| Q3 24 | — | $352.0M | ||
| Q2 24 | — | $370.0M | ||
| Q1 24 | — | $351.0M |
股东权益CSTMRXO
| Q4 25 | $952.0M | $1.5B | ||
| Q3 25 | $845.0M | $1.6B | ||
| Q2 25 | $780.0M | $1.6B | ||
| Q1 25 | $745.0M | $1.6B | ||
| Q4 24 | — | $1.6B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $796.0M | $579.0M | ||
| Q1 24 | — | $582.0M |
总资产CSTMRXO
| Q4 25 | $5.4B | $3.3B | ||
| Q3 25 | $5.4B | $3.2B | ||
| Q2 25 | $5.4B | $3.2B | ||
| Q1 25 | $5.2B | $3.3B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
负债/权益比CSTMRXO
| Q4 25 | 2.00× | 0.25× | ||
| Q3 25 | 2.34× | 0.24× | ||
| Q2 25 | 2.53× | 0.24× | ||
| Q1 25 | 2.56× | 0.24× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.21× | ||
| Q2 24 | — | 0.64× | ||
| Q1 24 | — | 0.60× |
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 | $7.0M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $-9.0M |
| 自由现金流率自由现金流/营收 | 5.0% | -0.6% |
| 资本支出强度资本支出/营收 | 5.0% | 1.1% |
| 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 | $-8.0M |
8季度趋势，按日历期对齐
经营现金流CSTMRXO
| Q4 25 | $218.0M | $7.0M | ||
| Q3 25 | $99.0M | $23.0M | ||
| Q2 25 | $114.0M | $23.0M | ||
| Q1 25 | $58.0M | $-2.0M | ||
| Q4 24 | — | $-7.0M | ||
| Q3 24 | — | $-7.0M | ||
| Q2 24 | $138.0M | $-5.0M | ||
| Q1 24 | — | $7.0M |
自由现金流CSTMRXO
| Q4 25 | $109.0M | $-9.0M | ||
| Q3 25 | $24.0M | $9.0M | ||
| Q2 25 | $37.0M | $9.0M | ||
| Q1 25 | $-11.0M | $-17.0M | ||
| Q4 24 | — | $-19.0M | ||
| Q3 24 | — | $-18.0M | ||
| Q2 24 | $54.0M | $-16.0M | ||
| Q1 24 | — | $-4.0M |
自由现金流率CSTMRXO
| Q4 25 | 5.0% | -0.6% | ||
| Q3 25 | 1.1% | 0.6% | ||
| Q2 25 | 1.8% | 0.6% | ||
| Q1 25 | -0.6% | -1.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | — | -1.7% | ||
| Q2 24 | 2.8% | -1.7% | ||
| Q1 24 | — | -0.4% |
资本支出强度CSTMRXO
| Q4 25 | 5.0% | 1.1% | ||
| Q3 25 | 3.5% | 1.0% | ||
| Q2 25 | 3.7% | 1.0% | ||
| Q1 25 | 3.5% | 1.0% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | — | 1.1% | ||
| Q2 24 | 4.3% | 1.2% | ||
| Q1 24 | — | 1.2% |
现金转化率CSTMRXO
| Q4 25 | 1.95× | — | ||
| Q3 25 | 1.13× | — | ||
| Q2 25 | 3.17× | — | ||
| Q1 25 | 1.57× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.82× | — | ||
| Q1 24 | — | — |
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% |
RXO
| Retail Sector | $546.0M | 37% |
| Last Mile | $298.0M | 20% |
| Food And Beverage Sector | $225.0M | 15% |
| Other Sector | $185.0M | 13% |
| Managed Transportation | $133.0M | 9% |
| Automotive Sector | $93.0M | 6% |
