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CONSTELLIUM SE（CSTM）与Toll Brothers, Inc.（TOL）财务数据对比。点击上方公司名可切换其他公司
Toll Brothers, Inc.的季度营收约是CONSTELLIUM SE的1.6倍（$3.4B vs $2.2B），Toll Brothers, Inc.净利率更高（13.0% vs 5.1%，领先8.0%），Toll Brothers, Inc.自由现金流更多（$772.2M 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。
Toll Brothers, Inc.是美国知名住宅建造企业，业务涵盖美国境内住宅及商业地产的开发、营销与融资服务。2020年按住宅建造营收统计，该公司为全美第五大房屋建造商，位列《财富》美国500强第411位。
CSTM vs TOL — 直观对比
营收规模更大
TOL
是对方的1.6倍
$2.2B
净利率更高
TOL
高出8.0%
5.1%
自由现金流更多
TOL
多$663.2M
$109.0M
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.4B |
| 净利润 | $112.0M | $446.7M |
| 毛利率 | — | 24.8% |
| 营业利润率 | 7.5% | 16.5% |
| 净利率 | 5.1% | 13.0% |
| 营收同比 | — | 2.7% |
| 净利润同比 | — | -6.0% |
| 每股收益（稀释后） | $0.79 | $4.51 |
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CSTMTOL
| Q4 25 | $2.2B | $3.4B | ||
| Q3 25 | $2.2B | $2.9B | ||
| Q2 25 | $2.1B | $2.7B | ||
| Q1 25 | $2.0B | $1.9B | ||
| Q4 24 | — | $3.3B | ||
| Q3 24 | — | $2.7B | ||
| Q2 24 | $1.9B | $2.8B | ||
| Q1 24 | — | $1.9B |
净利润CSTMTOL
| Q4 25 | $112.0M | $446.7M | ||
| Q3 25 | $88.0M | $369.6M | ||
| Q2 25 | $36.0M | $352.4M | ||
| Q1 25 | $37.0M | $177.7M | ||
| Q4 24 | — | $475.4M | ||
| Q3 24 | — | $374.6M | ||
| Q2 24 | $76.0M | $481.6M | ||
| Q1 24 | — | $239.6M |
毛利率CSTMTOL
| Q4 25 | — | 24.8% | ||
| Q3 25 | — | 25.2% | ||
| Q2 25 | — | 25.8% | ||
| Q1 25 | — | 24.7% | ||
| Q4 24 | — | 26.4% | ||
| Q3 24 | — | 27.2% | ||
| Q2 24 | — | 30.4% | ||
| Q1 24 | — | 27.6% |
营业利润率CSTMTOL
| Q4 25 | 7.5% | 16.5% | ||
| Q3 25 | 5.8% | 16.6% | ||
| Q2 25 | 2.7% | 16.4% | ||
| Q1 25 | 3.1% | 11.8% | ||
| Q4 24 | — | 18.3% | ||
| Q3 24 | — | 18.2% | ||
| Q2 24 | 5.4% | 22.0% | ||
| Q1 24 | — | 15.8% |
净利率CSTMTOL
| Q4 25 | 5.1% | 13.0% | ||
| Q3 25 | 4.1% | 12.6% | ||
| Q2 25 | 1.7% | 12.9% | ||
| Q1 25 | 1.9% | 9.6% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 13.7% | ||
| Q2 24 | 3.9% | 17.0% | ||
| Q1 24 | — | 12.3% |
每股收益（稀释后）CSTMTOL
| Q4 25 | $0.79 | $4.51 | ||
| Q3 25 | $0.62 | $3.73 | ||
| Q2 25 | $0.25 | $3.50 | ||
| Q1 25 | $0.26 | $1.75 | ||
| Q4 24 | — | $4.61 | ||
| Q3 24 | — | $3.60 | ||
| Q2 24 | $0.51 | $4.55 | ||
| Q1 24 | — | $2.25 |
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 | $1.3B |
| 总债务越低越好 | $1.9B | — |
| 股东权益账面价值 | $952.0M | $8.3B |
| 总资产 | $5.4B | $14.5B |
| 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CSTMTOL
| Q4 25 | $120.0M | $1.3B | ||
| Q3 25 | $122.0M | $852.3M | ||
| Q2 25 | $133.0M | $686.5M | ||
| Q1 25 | $118.0M | $574.8M | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $893.4M | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | $754.8M |
总债务CSTMTOL
| 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CSTMTOL
| Q4 25 | $952.0M | $8.3B | ||
| Q3 25 | $845.0M | $8.1B | ||
| Q2 25 | $780.0M | $7.9B | ||
| Q1 25 | $745.0M | $7.8B | ||
| Q4 24 | — | $7.7B | ||
| Q3 24 | — | $7.4B | ||
| Q2 24 | $796.0M | $7.3B | ||
| Q1 24 | — | $7.0B |
总资产CSTMTOL
| Q4 25 | $5.4B | $14.5B | ||
| Q3 25 | $5.4B | $14.4B | ||
| Q2 25 | $5.4B | $14.2B | ||
| Q1 25 | $5.2B | $13.6B | ||
| Q4 24 | — | $13.4B | ||
| Q3 24 | — | $13.4B | ||
| Q2 24 | — | $13.3B | ||
| Q1 24 | — | $12.5B |
负债/权益比CSTMTOL
| 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 | $800.0M |
| 自由现金流经营现金流 - 资本支出 | $109.0M | $772.2M |
| 自由现金流率自由现金流/营收 | 5.0% | 22.6% |
| 资本支出强度资本支出/营收 | 5.0% | 0.8% |
| 现金转化率经营现金流/净利润 | 1.95× | 1.79× |
| 过去12个月自由现金流最近4个季度 | $159.0M | $1.0B |
8季度趋势，按日历期对齐
经营现金流CSTMTOL
| Q4 25 | $218.0M | $800.0M | ||
| Q3 25 | $99.0M | $370.3M | ||
| Q2 25 | $114.0M | $362.8M | ||
| Q1 25 | $58.0M | $-420.8M | ||
| Q4 24 | — | $682.5M | ||
| Q3 24 | — | $175.6M | ||
| Q2 24 | $138.0M | $459.0M | ||
| Q1 24 | — | $-307.0M |
自由现金流CSTMTOL
| Q4 25 | $109.0M | $772.2M | ||
| Q3 25 | $24.0M | $344.9M | ||
| Q2 25 | $37.0M | $347.3M | ||
| Q1 25 | $-11.0M | $-438.1M | ||
| Q4 24 | — | $664.3M | ||
| Q3 24 | — | $149.9M | ||
| Q2 24 | $54.0M | $442.9M | ||
| Q1 24 | — | $-320.6M |
自由现金流率CSTMTOL
| Q4 25 | 5.0% | 22.6% | ||
| Q3 25 | 1.1% | 11.7% | ||
| Q2 25 | 1.8% | 12.7% | ||
| Q1 25 | -0.6% | -23.6% | ||
| Q4 24 | — | 19.9% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | 2.8% | 15.6% | ||
| Q1 24 | — | -16.5% |
资本支出强度CSTMTOL
| Q4 25 | 5.0% | 0.8% | ||
| Q3 25 | 3.5% | 0.9% | ||
| Q2 25 | 3.7% | 0.6% | ||
| Q1 25 | 3.5% | 0.9% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.9% | ||
| Q2 24 | 4.3% | 0.6% | ||
| Q1 24 | — | 0.7% |
现金转化率CSTMTOL
| Q4 25 | 1.95× | 1.79× | ||
| Q3 25 | 1.13× | 1.00× | ||
| Q2 25 | 3.17× | 1.03× | ||
| Q1 25 | 1.57× | -2.37× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | 1.82× | 0.95× | ||
| Q1 24 | — | -1.28× |
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% |
TOL
| Home Building | $3.4B | 100% |
| Land | $9.4M | 0% |
