vs
CONSTELLIUM SE（CSTM）与Unum Group（UNM）财务数据对比。点击上方公司名可切换其他公司
Unum Group的季度营收约是CONSTELLIUM SE的1.5倍（$3.4B vs $2.2B），Unum Group净利率更高（6.9% vs 5.1%，领先1.8%）
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。
Unum Group是美国财富500强保险企业，总部位于田纳西州查塔努加，前身为1848年成立的联合相互保险公司，1999年合并后曾用名UnumProvident至2007年。集团现设四大业务板块，覆盖美、英、波兰市场，旗下承保主体包括保罗里维尔人寿保险、普罗维登斯人伤意外险公司等。
CSTM vs UNM — 直观对比
营收规模更大
UNM
是对方的1.5倍
$2.2B
净利率更高
UNM
高出1.8%
5.1%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $2.2B | $3.4B |
| 净利润 | $112.0M | $232.0M |
| 毛利率 | — | — |
| 营业利润率 | 7.5% | — |
| 净利率 | 5.1% | 6.9% |
| 营收同比 | — | 8.5% |
| 净利润同比 | — | 22.7% |
| 每股收益（稀释后） | $0.79 | — |
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CSTMUNM
| Q1 26 | — | $3.4B | ||
| Q4 25 | $2.2B | $3.2B | ||
| Q3 25 | $2.2B | $3.4B | ||
| Q2 25 | $2.1B | $3.4B | ||
| Q1 25 | $2.0B | $3.1B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | $1.9B | $3.2B |
净利润CSTMUNM
| Q1 26 | — | $232.0M | ||
| Q4 25 | $112.0M | $174.1M | ||
| Q3 25 | $88.0M | $39.7M | ||
| Q2 25 | $36.0M | $335.6M | ||
| Q1 25 | $37.0M | $189.1M | ||
| Q4 24 | — | $348.7M | ||
| Q3 24 | — | $645.7M | ||
| Q2 24 | $76.0M | $389.5M |
营业利润率CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | 7.5% | 6.7% | ||
| Q3 25 | 5.8% | 1.6% | ||
| Q2 25 | 2.7% | 12.4% | ||
| Q1 25 | 3.1% | 7.9% | ||
| Q4 24 | — | 13.8% | ||
| Q3 24 | — | 15.6% | ||
| Q2 24 | 5.4% | 15.3% |
净利率CSTMUNM
| Q1 26 | — | 6.9% | ||
| Q4 25 | 5.1% | 5.4% | ||
| Q3 25 | 4.1% | 1.2% | ||
| Q2 25 | 1.7% | 10.0% | ||
| Q1 25 | 1.9% | 6.1% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | — | 20.1% | ||
| Q2 24 | 3.9% | 12.0% |
每股收益（稀释后）CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | $0.79 | $1.06 | ||
| Q3 25 | $0.62 | $0.23 | ||
| Q2 25 | $0.25 | $1.92 | ||
| Q1 25 | $0.26 | $1.06 | ||
| Q4 24 | — | $1.91 | ||
| Q3 24 | — | $3.46 | ||
| Q2 24 | $0.51 | $2.05 |
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 | $2.1M |
| 总债务越低越好 | $1.9B | $3.8M |
| 股东权益账面价值 | $952.0M | $10.9M |
| 总资产 | $5.4B | $62.7M |
| 负债/权益比越低杠杆越低 | 2.00× | 0.35× |
8季度趋势，按日历期对齐
现金及短期投资CSTMUNM
| Q1 26 | — | $2.1M | ||
| Q4 25 | $120.0M | — | ||
| Q3 25 | $122.0M | — | ||
| Q2 25 | $133.0M | — | ||
| Q1 25 | $118.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
总债务CSTMUNM
| Q1 26 | — | $3.8M | ||
| Q4 25 | $1.9B | $3.8B | ||
| Q3 25 | $2.0B | $3.5B | ||
| Q2 25 | $2.0B | $3.5B | ||
| Q1 25 | $1.9B | $3.5B | ||
| Q4 24 | — | $3.5B | ||
| Q3 24 | — | $3.5B | ||
| Q2 24 | — | $3.5B |
股东权益CSTMUNM
| Q1 26 | — | $10.9M | ||
| Q4 25 | $952.0M | $11.1B | ||
| Q3 25 | $845.0M | $10.9B | ||
| Q2 25 | $780.0M | $11.3B | ||
| Q1 25 | $745.0M | $11.2B | ||
| Q4 24 | — | $11.0B | ||
| Q3 24 | — | $11.0B | ||
| Q2 24 | $796.0M | $10.5B |
总资产CSTMUNM
| Q1 26 | — | $62.7M | ||
| Q4 25 | $5.4B | $63.5B | ||
| Q3 25 | $5.4B | $63.7B | ||
| Q2 25 | $5.4B | $62.8B | ||
| Q1 25 | $5.2B | $62.5B | ||
| Q4 24 | — | $62.0B | ||
| Q3 24 | — | $64.1B | ||
| Q2 24 | — | $62.0B |
负债/权益比CSTMUNM
| Q1 26 | — | 0.35× | ||
| Q4 25 | 2.00× | 0.34× | ||
| Q3 25 | 2.34× | 0.32× | ||
| Q2 25 | 2.53× | 0.31× | ||
| Q1 25 | 2.56× | 0.31× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.32× | ||
| Q2 24 | — | 0.33× |
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 | — |
| 自由现金流率自由现金流/营收 | 5.0% | — |
| 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 | — |
8季度趋势，按日历期对齐
经营现金流CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | $218.0M | $357.9M | ||
| Q3 25 | $99.0M | $-371.8M | ||
| Q2 25 | $114.0M | $348.0M | ||
| Q1 25 | $58.0M | $353.6M | ||
| Q4 24 | — | $485.8M | ||
| Q3 24 | — | $390.0M | ||
| Q2 24 | $138.0M | $339.1M |
自由现金流CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | $109.0M | $320.1M | ||
| Q3 25 | $24.0M | $-402.6M | ||
| Q2 25 | $37.0M | $320.1M | ||
| Q1 25 | $-11.0M | $317.8M | ||
| Q4 24 | — | $453.8M | ||
| Q3 24 | — | $352.3M | ||
| Q2 24 | $54.0M | $311.4M |
自由现金流率CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | 9.9% | ||
| Q3 25 | 1.1% | -11.9% | ||
| Q2 25 | 1.8% | 9.5% | ||
| Q1 25 | -0.6% | 10.3% | ||
| Q4 24 | — | 14.0% | ||
| Q3 24 | — | 11.0% | ||
| Q2 24 | 2.8% | 9.6% |
资本支出强度CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | 5.0% | 1.2% | ||
| Q3 25 | 3.5% | 0.9% | ||
| Q2 25 | 3.7% | 0.8% | ||
| Q1 25 | 3.5% | 1.2% | ||
| Q4 24 | — | 1.0% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | 4.3% | 0.9% |
现金转化率CSTMUNM
| Q1 26 | — | — | ||
| Q4 25 | 1.95× | 2.06× | ||
| Q3 25 | 1.13× | -9.37× | ||
| Q2 25 | 3.17× | 1.04× | ||
| Q1 25 | 1.57× | 1.87× | ||
| Q4 24 | — | 1.39× | ||
| Q3 24 | — | 0.60× | ||
| Q2 24 | 1.82× | 0.87× |
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% |
UNM
| Premium Income | $2.8B | 83% |
| Other | $561.2M | 17% |
