Constellium SE Class A Ordinary Shares (CSTM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.84	$1.35	+60.7%	—	$2.7B	—
Q1 26	$0.51	$1.02	+100.0%	—	$2.5B	—
Q4 25	$0.32	$0.68	+112.5%	—	$2.2B	—
Q3 25	$0.32	$0.48	+50.0%	—	$2.2B	—
Q2 25	$0.27	$0.09	-66.7%	—	$2.1B	—
Q1 25	$0.09	$0.26	+188.9%	—	$2B	—
Q4 24	$0.14	-$0.15	-207.1%	—	$1.6B	—
Q3 24	$0.34	$0.03	-91.2%	—	$2.1B	—
Q2 24	$0.44	$0.72	+63.6%	—	$1.9B	—
Q1 24	$0.24	$0.19	-20.8%	—	$1.9B	—
Q4 23	$0.29	$0.09	-69.0%	—	$1.6B	—
Q3 23	$0.45	$0.26	-42.2%	—	$1.7B	—
Q2 23	$0.44	$0.46	+4.5%	—	$1.9B	—
Q1 23	$0.36	$0.3	-16.7%	—	$2B	—
Q4 22	$0.27	$0.21	-22.2%	—	$1.8B	—
Q3 22	$0.42	$0.88	+109.5%	—	$2B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.95	—	—	$8.4B	—
FY24	—	$0.38	—	—	$7.3B	—
FY23	—	$0.85	—	—	$7.2B	—
FY22	—	$2.1	—	—	$8.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$4.7B	$5.2B	$5.7B	$4.9B	$4.9B	$6.2B	$8.1B	$7.2B	$7.3B	$8.4B
YoY change	-7.96%	+10.4%	+8.57%	-14.1%	0%	+26%	+32%	-10.8%	+1.33%	+15.2%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	4.7B	5.2B	5.7B	4.9B	4.9B	6.2B	8.1B	7.2B	7.3B	8.4B
Cost of revenue	4.2B	4.7B	5.1B	4.4B	4.4B	5.5B	7.4B	6.5B	6.4B	7.3B
Gross profit	535M	555M	538M	490M	490M	664M	672M	710M	938M	1.2B
Gross margin	11.3%	10.6%	9.46%	10%	10%	10.8%	8.28%	9.81%	12.8%	14%
Research & development	31M	36M	40M	39M	39M	39M	48M	52M	49M	51M
Selling, general & administrative	253M	247M	247M	237M	237M	258M	282M	302M	313M	332M
Operating expenses	284M	283M	287M	276M	276M	297M	330M	354M	362M	383M
Operating income	251M	272M	251M	214M	214M	367M	342M	356M	272M	474M
Operating margin	5.29%	5.19%	4.41%	4.38%	4.38%	5.97%	4.21%	4.92%	3.71%	5.61%
Non-operating income, net	1M	-42M	126M	-84M	-84M	90M	-8M	-18M	-28M	48M
Pretax income	65M	49M	222M	-34M	-34M	317M	203M	196M	135M	408M
Income tax	69M	80M	32M	-17M	-17M	55M	-105M	67M	75M	133M
Net income	-4M	-31M	190M	-17M	-17M	262M	308M	129M	60M	275M
Net margin	-0.08%	-0.59%	3.34%	-0.35%	-0.35%	4.26%	3.79%	1.78%	0.82%	3.25%
EBITDA	389M	413M	432M	437M	440M	589M	660M	626M	565M	792M
EPS	-0.04	-0.28	1.4	0.43	-0.15	1.82	2.1	0.85	0.38	1.95
Diluted EPS	-0.04	-0.28	1.37	0.41	-0.15	1.75	2.06	0.84	0.38	1.92

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.7B	1.6B	1.9B	1.9B	2.1B	1.6B	2B	2.1B	2.2B	2.2B	2.5B	2.7B
Cost of revenue	1.6B	1.4B	1.7B	1.7B	2B	1.2B	1.7B	1.8B	1.9B	1.9B	2B	2.3B
Gross profit	158M	178M	173.9M	203.7M	147.3M	413.1M	263M	263M	314M	347M	420M	480M
Gross margin	9.19%	11%	9.3%	10.6%	6.96%	26.4%	13.3%	12.5%	14.5%	15.8%	17.1%	17.5%
Research & development	11M	15M	16.2M	13.9M	14.2M	5.4M	13M	12M	12M	14M	13M	14M
Selling, general & administrative	70M	81M	81M	79.3M	81.4M	76.2M	75M	84M	85M	81M	94M	97M
Operating expenses	40M	96M	97.2M	93.3M	95.6M	81.7M	88M	96M	97M	95M	107M	111M
Operating income	77M	97M	76.7M	110.4M	51.7M	27.4M	97M	85M	133M	166M	230M	285M
Operating margin	4.48%	6.01%	4.1%	5.74%	2.44%	1.75%	4.9%	4.04%	6.14%	7.54%	9.35%	10.4%
Non-operating income, net	41M	—	-14M	25.7M	5.2M	-39.2M	-7M	1M	22M	25M	71M	-43M
Pretax income	82M	43M	27M	101.8M	10.3M	-8M	62M	56M	126M	164M	272M	214M
Income tax	18M	32M	8.6M	25.7M	6.5M	33.7M	24M	20M	38M	51M	76M	66M
Net income	64M	11M	18.4M	76.1M	3.9M	-41.6M	38M	36M	88M	113M	196M	148M
Net margin	3.72%	0.68%	0.98%	3.96%	0.18%	-2.66%	1.92%	1.71%	4.06%	5.13%	7.96%	5.39%
EBITDA	195M	125M	139.3M	215.5M	151.1M	42.7M	144M	159M	212M	252M	281M	363M
EPS	0.44	0.07	0.12	0.51	0.02	-0.34	0.26	0.25	0.63	—	1.47	1.07
Diluted EPS	0.43	0.07	0.12	0.51	0.02	-0.34	0.26	0.25	0.62	—	1.47	1.04

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	600.7M	1.2B	—	1.8B	1.9B	2.4B	1.6B	2.8B	1.5B	2.6B	3.3B
Enterprise value	2.6B	3B	—	3.9B	3.8B	4.4B	3.5B	4.4B	3.3B	4.5B	5.1B
Shares outstanding	101.8M	106.3M	130M	132.1M	133.9M	136.1M	138.6M	139.5M	145.7M	139.7M	139.7M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	9.3	5.32	21.6	24.9	9.57	6.52
P/S	0.13	0.23	—	0.36	0.38	0.4	0.2	0.38	0.2	0.31	0.35
P/B	-1.05	-3.72	—	-20.8	-18.5	8.37	2.18	3.22	2.06	2.71	2.71
EV/EBITDA	6.7	7.2	—	8.98	8.66	7.45	5.34	7.1	5.82	5.63	4.13
EV/Sales	0.55	0.57	—	0.8	0.78	0.71	0.43	0.61	0.45	0.53	0.54
Earnings yield	—	—	—	—	—	10.8%	18.8%	4.63%	4.01%	10.4%	15.3%
FCF yield	-44.5%	-9.79%	—	9.95%	8.12%	5.13%	10.9%	6.07%	-7.48%	6.04%	1.61%
PEG	—	—	—	—	—	—	—	—	—	—	0.02

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	11.3%	10.6%	9.46%	10%	10%	10.8%	8.28%	9.81%	12.8%	14%	17.5%
Operating margin	5.29%	5.19%	4.41%	4.38%	4.38%	5.97%	4.21%	4.92%	3.71%	5.61%	8.92%
Net margin	-0.08%	-0.59%	3.34%	-0.35%	-0.35%	4.26%	3.79%	1.78%	0.82%	3.25%	5.69%
ROE	0.7%	9.72%	-166.7%	20%	16.8%	90%	41%	14.9%	8.25%	28.3%	53.1%
ROA	-0.11%	-0.84%	4.87%	-0.41%	-0.41%	5.67%	6.23%	2.77%	1.27%	5.14%	9.93%
ROIC	0%	0%	11.7%	10.3%	11.6%	13.5%	13%	9.29%	4.8%	11.4%	19%
Return on tangible assets	-0.15%	-1.12%	6.51%	-0.54%	-0.54%	7.27%	7.94%	3.54%	1.35%	5.41%	9.37%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.36	1.26	1.27	1.06	1.35	1.13	1.22	1.31	1.27	1.29	1.43
Quick ratio	0.79	0.68	0.69	0.53	0.81	0.52	0.44	0.52	0.45	0.51	0.61
Debt / equity	-4.33	-6.67	-18.9	-27.8	-23.7	7.32	2.73	2.16	2.66	2	1.53
Debt / assets	0.65	0.57	0.55	0.56	0.58	0.46	0.42	0.4	0.41	0.36	0.32
Net debt / EBITDA	5.15	4.33	4.53	4.93	4.41	3.32	2.85	2.65	3.18	2.3	1.59
Interest coverage	1.35	1.31	2.66	0.76	0.76	3.54	2.83	2.7	2.31	4.85	10.6
Effective tax rate	100%	100%	14.4%	0%	0%	17.4%	0%	34.2%	55.6%	32.6%	29.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	46.6	49.3	43.7	37	36.5	45.2	58.6	51.9	50.3	60.5	70.1
EPS (basic)	-0.04	-0.28	1.4	0.43	-0.15	1.82	2.1	0.85	0.38	1.95	1.95
EPS (diluted)	-0.04	-0.28	1.37	0.41	-0.15	1.75	2.06	0.84	0.38	1.92	3.82
Book value per share	-5.6	-3	-0.88	-0.64	-0.75	2.14	5.43	6.19	4.99	6.95	9.19
FCF per share	-2.62	-1.09	-1.62	1.33	1.14	0.92	1.28	1.21	-0.77	1.14	1.56
Cash per share	4.56	3.18	1.49	1.56	3.38	1.29	1.25	1.51	0.97	0.86	1.2
Capex per share	3.49	2.6	2.13	2.05	1.36	1.71	1.97	2.42	2.75	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	7.48%	5.27%	4.87%	5.55%	3.73%	3.77%	3.36%	4.66%	5.47%	—	—
Capex / operating cash flow	108.9%	71.7%	93.3%	43.9%	45.4%	53.8%	48.6%	50.5%	100.5%	—	—
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.7B	$1.6B	$1.9B	$1.9B	$2.1B	$1.6B	$2B	$2.1B	$2.2B	$2.2B	$2.5B	$2.7B
YoY change	-14.9%	-12.5%	-4.43%	-1.33%	+23.1%	-2.9%	+5.87%	+9.3%	+2.3%	+40.5%	+24.4%	+30.7%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	464M	338M	194M	206M	452M	176M	173M	210M	141M	120M
Receivables	235M	306M	481M	393M	341M	603M	465M	386M	381M	611M
Inventory	591M	643M	660M	670M	582M	1.1B	1.3B	1.1B	1.2B	1.4B
Total current assets	1.4B	1.4B	1.4B	1.4B	1.5B	1.9B	2.1B	1.8B	1.8B	2.3B
Property, plant & equipment	1.2B	1.2B	1.3B	1.5B	1.3B	1.4B	1.4B	1.4B	1.6B	1.7B
Goodwill & intangibles	1.1B	942M	984M	1.1B	956M	1B	1.1B	1B	286M	270M
Total assets	3.8B	3.7B	3.9B	4.2B	4.1B	4.6B	4.9B	4.7B	4.7B	5.4B
Accounts payable	627M	717M	685M	711M	626M	1.1B	1.2B	931M	959M	1.2B
Short-term debt	107M	106M	57M	201M	92M	258M	148M	54M	56M	39M
Total current liabilities	1B	1.1B	1.1B	1.3B	1.1B	1.7B	1.7B	1.4B	1.4B	1.8B
Long-term debt	2.4B	2B	2.1B	2.2B	2.3B	1.9B	1.9B	1.8B	1.9B	1.9B
Total liabilities	4.4B	4B	4B	4.3B	4.2B	4.3B	4.2B	3.8B	4B	4.4B
Shareholders' equity	-570M	-319M	-114M	-85M	-101M	291M	752M	864M	727M	971M
Total debt	2.5B	2.1B	2.2B	2.4B	2.4B	2.1B	2.1B	1.9B	1.9B	1.9B
Net debt	2.1B	1.9B	2B	2.2B	2B	2B	1.9B	1.7B	1.8B	1.8B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	—	—	—	—	—	—	—	—	122M	120M	143M	163M
Receivables	—	—	—	—	—	—	—	—	693M	611M	853M	1B
Inventory	—	—	—	—	—	—	—	—	1.4B	1.4B	1.7B	1.9B
Total current assets	—	—	—	—	—	—	—	—	2.4B	2.3B	3B	3.3B
Property, plant & equipment	—	—	—	—	—	—	—	—	—	1.7B	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	274M	270M	262M	256M
Total assets	—	—	—	—	—	—	—	—	5.4B	5.4B	5.8B	6.1B
Accounts payable	—	—	—	—	—	—	—	—	1.3B	1.2B	1.5B	1.7B
Short-term debt	—	—	—	—	—	—	—	—	59M	39M	35M	42M
Total current liabilities	—	—	—	—	—	—	—	—	1.8B	1.8B	2.1B	2.3B
Long-term debt	—	—	—	—	—	—	—	—	2.1B	1.9B	1.9B	1.9B
Total liabilities	—	—	—	—	—	—	—	—	4.5B	4.4B	4.7B	4.8B
Shareholders' equity	—	—	—	—	—	—	—	—	863M	971M	1.1B	1.3B
Total debt	—	—	—	—	—	—	—	—	2.1B	1.9B	2B	1.9B
Net debt	—	—	—	—	—	—	—	—	2B	1.8B	1.8B	1.8B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-4M	-31M	190M	64M	-17M	262M	308M	129M	60M	275M
Depreciation & amortization	155M	171M	197M	256M	259M	267M	287M	294M	304M	330M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-68M	-102M	-239M	139M	51M	-261M	-32M	54M	-138M	-175M
Operating cash flow	326M	385M	297M	618M	401M	431M	562M	667M	399M	489M
Capital expenditure	-355M	-276M	-277M	-271M	-182M	-232M	-273M	-337M	-401M	—
Investing cash flow	-365M	-292M	-91M	-353M	-176M	-221M	-270M	-288M	-313M	2M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	-79M	-115M
Financing cash flow	145M	61M	-82M	-76M	101M	-435M	-163M	-182M	-61M	-215M
Net change in cash	106M	154M	124M	189M	326M	-225M	129M	197M	25M	276M
Free cash flow	-267M	-116M	-211M	176M	152M	125M	178M	169M	-112M	159M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	88M	113M	196M	148M
Depreciation & amortization	—	—	—	—	—	—	—	—	84M	86M	83M	84M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	-81M	-14M	-238M	-219M
Operating cash flow	—	—	—	—	—	—	—	—	99M	218M	73M	161M
Capital expenditure	—	—	—	—	—	—	—	—	—	—	—	—
Investing cash flow	—	—	—	—	—	—	—	—	0	-1M	—	2M
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	-25M	-40M	-28M	-20M
Financing cash flow	—	—	—	—	—	—	—	—	-41M	-112M	20M	-71M
Net change in cash	—	—	—	—	—	—	—	—	58M	105M	93M	92M
Free cash flow	78M	78.8M	-37M	62.2M	-13M	-167.8M	-11M	37M	24M	109M	1M	84M

Constellium SE Class A Ordinary Shares Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement