NYSE : CSTM
Constellium SE — Financial statements
Materials · Aluminum · France
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Financial statements
Constellium SE (CSTM) reported revenue of 10.05B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 10.05B | 8.45B | 7.33B | 7.83B | 8.53B | 7.00B |
| Cost of Revenue | 8.41B | 7.24B | 6.37B | 6.75B | 7.54B | 6.24B |
| Gross Profit | 1.64B | 1.21B | 961.00M | 1.08B | 987.00M | 755.15M |
| Selling, General & Admin | 381.00M | 349.00M | 334.00M | 335.00M | 307.00M | 303.65M |
| Research & Development | 53.00M | 51.00M | 49.00M | 52.00M | 46.00M | 44.35M |
| Other Operating Expenses | -158.08M | |||||
| Operating Expenses | 769.00M | 730.00M | 687.00M | 687.00M | 643.00M | 189.92M |
| Operating Income | 869.00M | 481.00M | 274.00M | 392.00M | 344.00M | 565.22M |
| Interest Expense | -98.00M | -99.00M | -94.00M | -99.00M | -98.00M | -131.92M |
| Currency Exchange Gain (Loss) | 4.00M | 5.00M | 2.00M | -1.00M | 18.20M | |
| Other Non Operating Income (Expenses) | 71.00M | 49.00M | -14.00M | -80.00M | -73.00M | -17.06M |
| EBT Excluding Unusual Items | 846.00M | 436.00M | 168.00M | 213.00M | 172.00M | 434.44M |
| Merger & Restructuring Charges | -5.00M | -3.00M | -11.00M | -1.00M | -3.41M | |
| Gain (Loss) on Sale of Assets | -4.00M | -4.00M | -4.00M | 41.00M | -5.00M | -3.41M |
| Asset Writedown | -24.00M | -21.00M | -24.00M | -22.00M | -16.00M | |
| Other Unusual Items | -10.00M | -9.00M | -43.00M | -67.10M | ||
| Pretax Income | 810.00M | 408.00M | 135.00M | 232.00M | 150.00M | 360.51M |
| Income Tax Expense | 234.00M | 133.00M | 75.00M | 75.00M | -165.00M | 62.55M |
| Earnings From Continuing Operations | 576.00M | 275.00M | 60.00M | 157.00M | 315.00M | 297.96M |
| Minority Interest in Earnings | -2.00M | -2.00M | -4.00M | -5.00M | -7.00M | -5.69M |
| Net Income | 574.00M | 273.00M | 56.00M | 152.00M | 308.00M | 292.28M |
| Net Income to Common | 574.00M | 273.00M | 56.00M | 152.00M | 308.00M | 292.28M |
| Shares Outstanding (Basic) | 135.72M | 139.68M | 145.72M | 146.13M | 143.63M | 141.00M |
| Shares Outstanding (Diluted) | 140.04M | 141.94M | 148.00M | 148.47M | 146.96M | 147.17M |
| EPS (Basic) | 4.23 | 1.95 | 0.38 | 1.04 | 2.14 | 2.07 |
| EPS (Diluted) | 4.10 | 1.92 | 0.38 | 1.03 | 2.10 | 1.99 |
| Free Cash Flow | 319.00M | 159.00M | -112.00M | 66.00M | 76.00M | 142.16M |
| Free Cash Flow Per Share | 2.28 | 1.12 | -0.76 | 0.45 | 0.52 | 0.97 |
| Gross Margin | 16.30% | 14.33% | 13.10% | 13.79% | 11.57% | 10.79% |
| Operating Margin | 8.65% | 5.69% | 3.74% | 5.01% | 4.03% | 8.08% |
| Profit Margin | 5.71% | 3.23% | 0.76% | 1.94% | 3.61% | 4.18% |
| Free Cash Flow Margin | 3.17% | 1.88% | -1.53% | 0.84% | 0.89% | 2.03% |
| EBITDA | 1.20B | 811.00M | 578.00M | 692.00M | 634.00M | 868.87M |
| EBITDA Margin | 11.98% | 9.60% | 7.88% | 8.84% | 7.43% | 12.42% |
| D&A For EBITDA | 335.00M | 330.00M | 304.00M | 300.00M | 290.00M | 303.65M |
| EBIT | 869.00M | 481.00M | 274.00M | 392.00M | 344.00M | 565.22M |
| EBIT Margin | 8.65% | 5.69% | 3.74% | 5.01% | 4.03% | 8.08% |
| Effective Tax Rate | 28.89% | 32.60% | 55.56% | 32.33% | 17.35% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 158.00M | 120.00M | 141.00M | 223.00M | 177.41M | 167.18M |
| Cash & Short-Term Investments | 158.00M | 120.00M | 141.00M | 223.00M | 177.41M | 167.18M |
| Accounts Receivable | 865.00M | 613.00M | 390.00M | 420.00M | 499.09M | 688.05M |
| Other Receivables | 138.00M | 110.00M | 96.00M | 111.00M | 68.40M | 78.47M |
| Receivables | 1.00B | 723.00M | 486.00M | 531.00M | 567.49M | 766.52M |
| Inventory | 1.91B | 1.41B | 1.18B | 1.20B | 1.41B | 1.19B |
| Prepaid Expenses | 8.55M | 10.24M | ||||
| Other Current Assets | 42.00M | 72.00M | 26.00M | 41.00M | 48.09M | 65.96M |
| Total Current Assets | 3.11B | 2.32B | 1.83B | 1.99B | 2.21B | 2.20B |
| Property, Plant & Equipment | 2.46B | 2.58B | 2.41B | 2.42B | 2.16B | 2.22B |
| Goodwill | 47.00M | 47.00M | 46.00M | 41.00M | 510.85M | 512.91M |
| Other Intangible Assets | 79.00M | 88.00M | 97.00M | 104.00M | 57.71M | 65.96M |
| Long-Term Accounts Receivable | 35.00M | 31.00M | 36.00M | 17.00M | 16.03M | 21.61M |
| Long-Term Deferred Tax Assets | 124.00M | 270.00M | 311.00M | 337.00M | 289.62M | 184.24M |
| Other Long-Term Assets | 1.00M | 11.00M | 2.00M | 20.00M | 38.47M | 54.59M |
| Total Assets | 5.86B | 5.35B | 4.73B | 4.93B | 5.28B | 5.26B |
| Accounts Payable | 1.49B | 1.22B | 959.00M | 1.02B | 1.23B | 1.21B |
| Accrued Expenses | 291.00M | 292.00M | 226.00M | 233.00M | 226.57M | 228.59M |
| Current Portion of Long-Term Debt | 39.00M | 32.00M | 34.00M | 34.00M | 55.57M | 251.34M |
| Current Portion of Leases | 28.00M | 22.00M | 25.00M | 102.60M | 42.08M | |
| Current Income Taxes Payable | 29.00M | 18.00M | 18.00M | 22.00M | 17.10M | 38.67M |
| Current Unearned Revenue | 114.00M | 113.00M | 98.00M | 68.00M | 58.78M | 87.57M |
| Other Current Liabilities | 136.00M | 93.00M | 89.00M | 149.00M | 125.04M | 89.84M |
| Total Current Liabilities | 2.10B | 1.80B | 1.45B | 1.56B | 1.82B | 1.95B |
| Long-Term Debt | 1.75B | 1.88B | 1.85B | 1.86B | 1.96B | 1.96B |
| Long-Term Leases | 27.00M | 123.00M | 120.00M | 134.00M | 76.95M | 166.04M |
| Long-Term Unearned Revenue | 32.00M | 21.37M | 4.55M | |||
| Pension & Post-Retirement Benefits | 318.00M | 338.00M | 375.00M | 431.00M | 430.69M | 681.22M |
| Long-Term Deferred Tax Liabilities | 58.00M | 70.00M | 39.00M | 35.00M | 29.92M | 15.92M |
| Other Long-Term Liabilities | 264.00M | 174.00M | 173.00M | 142.00M | 135.73M | 148.98M |
| Total Liabilities | 4.51B | 4.38B | 4.01B | 4.19B | 4.48B | 4.93B |
| Common Stock | 4.00M | 4.00M | 4.00M | 4.00M | 3.21M | 3.41M |
| Additional Paid-In Capital | 623.00M | 693.00M | 674.00M | 513.00M | 448.86M | 477.65M |
| Retained Earnings | 790.00M | 354.00M | 93.00M | 65.00M | 158.17M | -174.00M |
| Treasury Stock | -111.00M | -153.00M | -51.00M | |||
| Comprehensive Income & Other | 28.00M | 54.00M | -14.00M | 136.00M | 170.99M | 4.55M |
| Total Common Equity | 1.33B | 952.00M | 706.00M | 718.00M | 781.23M | 311.61M |
| Minority Interest | 7.00M | 19.00M | 21.00M | 24.00M | 22.44M | 19.33M |
| Shareholders' Equity | 1.34B | 971.00M | 727.00M | 742.00M | 803.68M | 330.95M |
| Total Liabilities & Equity | 5.86B | 5.35B | 4.73B | 4.93B | 5.28B | 5.26B |
| Total Debt | 1.82B | 2.06B | 2.03B | 2.05B | 2.20B | 2.42B |
| Net Cash (Debt) | -1.66B | -1.94B | -1.89B | -1.83B | -2.02B | -2.25B |
| Net Cash Per Share | -11.85 | -13.69 | -12.76 | -12.33 | -13.74 | -15.32 |
| Filing Date Shares Outstanding | 134.54M | 135.07M | 143.52M | 146.82M | 144.30M | 141.68M |
| Total Common Shares Outstanding | 134.54M | 135.42M | 143.52M | 146.82M | 144.30M | 141.68M |
| Working Capital | 1.01B | 524.00M | 388.00M | 436.00M | 392.22M | 254.75M |
| Book Value Per Share | 9.92 | 7.03 | 4.92 | 4.89 | 5.41 | 2.20 |
| Tangible Book Value | 1.21B | 817.00M | 563.00M | 573.00M | 212.68M | -267.26M |
| Tangible Book Value Per Share | 8.98 | 6.03 | 3.92 | 3.90 | 1.47 | -1.89 |
| Land | 71.00M | 65.00M | 51.00M | 44.89M | 43.22M | |
| Buildings | 870.00M | 790.00M | 762.00M | 508.71M | 500.40M | |
| Machinery | 4.22B | 3.76B | 3.65B | 3.00B | 2.96B | |
| Construction In Progress | 281.00M | 223.00M | 278.00M | 239.39M | 161.49M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 574.00M | 273.00M | 56.00M | 152.00M | 308.00M | 292.28M |
| Depreciation & Amortization | 335.00M | 330.00M | 304.00M | 300.00M | 290.00M | 303.65M |
| Loss (Gain) From Sale of Assets | 4.00M | 4.00M | 4.00M | -41.00M | 5.00M | 3.41M |
| Asset Writedown & Restructuring Costs | 24.00M | 21.00M | 24.00M | 22.00M | 16.00M | |
| Other Operating Activities | 197.00M | 30.00M | 49.00M | 77.00M | -96.00M | 103.49M |
| Change in Accounts Receivable | -190.00M | -203.00M | -50.00M | -37.00M | 73.00M | -258.16M |
| Change in Inventory | -567.00M | -149.00M | -24.00M | 202.00M | -249.00M | -494.71M |
| Change in Accounts Payable | 257.00M | 168.00M | -40.00M | -206.00M | 42.00M | 450.36M |
| Change in Other Net Operating Assets | 4.00M | 15.00M | -22.00M | -37.00M | -24.00M | 5.69M |
| Operating Cash Flow | 638.00M | 489.00M | 301.00M | 432.00M | 365.00M | 406.00M |
| Capital Expenditures | -319.00M | -330.00M | -413.00M | -366.00M | -289.00M | -263.85M |
| Sale of Property, Plant & Equipment | 16.00M | 19.00M | 12.00M | 52.00M | 5.00M | 1.14M |
| Cash Acquisitions | 3.00M | |||||
| Other Investing Activities | -1.00M | 2.00M | 85.00M | 98.00M | 88.00M | 11.37M |
| Investing Cash Flow | -304.00M | -309.00M | -313.00M | -216.00M | -196.00M | -251.34M |
| Long-Term Debt Issued | 725.00M | 76.00M | 809.74M | |||
| Long-Term Debt Repaid | -67.00M | -697.00M | -166.00M | -220.00M | -1.24B | |
| Lease Payments | -36.39M | |||||
| Net Debt Issued (Repaid) | -180.00M | -67.00M | 28.00M | -166.00M | -144.00M | -428.75M |
| Repurchase of Common Stock | -118.00M | -115.00M | -79.00M | |||
| Other Financing Activities | 2.00M | -33.00M | -10.00M | -11.00M | -6.00M | -65.96M |
| Financing Cash Flow | -296.00M | -215.00M | -61.00M | -177.00M | -150.00M | -494.71M |
| Foreign Exchange Rate Adjustments | -2.00M | 14.00M | -9.00M | 7.00M | -8.00M | 7.96M |
| Miscellaneous Cash Flow Adjustments | 1.00M | -1.00M | ||||
| Net Cash Flow | 36.00M | -21.00M | -82.00M | 47.00M | 10.00M | -332.08M |
| Free Cash Flow | 319.00M | 159.00M | -112.00M | 66.00M | 76.00M | 142.16M |
| Free Cash Flow Margin | 3.17% | 1.88% | -1.53% | 0.84% | 0.89% | 2.03% |
| Free Cash Flow Per Share | 2.28 | 1.12 | -0.76 | 0.45 | 0.52 | 0.97 |
| Levered Free Cash Flow | 78.88M | 96.75M | -2.50M | 240.11M | 157.79M | -3.27M |
| Unlevered Free Cash Flow | 140.12M | 158.62M | 56.25M | 301.98M | 219.04M | 79.18M |
| Free Cash Flow After Leases | 319.00M | 159.00M | -112.00M | 66.00M | 76.00M | 105.77M |
| Cash Interest Paid | 100.00M | 104.00M | 93.00M | 102.00M | 95.00M | 145.57M |
| Cash Income Tax Paid | 86.00M | 50.00M | 47.00M | 33.00M | 18.00M | -3.41M |
| Change in Working Capital | -496.00M | -169.00M | -136.00M | -78.00M | -158.00M | -296.83M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.09B | 2.60B | 1.50B | 2.93B | 1.71B | 2.54B |
| Enterprise Value | 4.75B | 4.63B | 3.39B | 4.81B | 3.69B | 4.83B |
| Last Close Price | 22.98 | 18.85 | 10.27 | 19.96 | 11.83 | 17.91 |
| PE Ratio | 5.60 | 9.52 | 26.82 | 19.28 | 5.54 | 8.68 |
| Forward PE | 8.82 | 11.83 | 8.19 | 9.93 | 7.10 | 14.69 |
| PS Ratio | 0.31 | 0.31 | 0.20 | 0.37 | 0.20 | 0.36 |
| PB Ratio | 2.32 | 2.67 | 2.07 | 3.95 | 2.12 | 7.67 |
| P/TBV Ratio | 2.56 | 3.18 | 2.67 | 5.11 | 8.03 | |
| P/FCF Ratio | 9.69 | 16.34 | 44.40 | 22.46 | 17.85 | |
| P/OCF Ratio | 4.85 | 5.31 | 4.99 | 6.78 | 4.68 | 6.25 |
| PEG Ratio | 14.62 | 14.62 | 14.62 | 0.47 | 0.47 | |
| EV/Sales Ratio | 0.47 | 0.55 | 0.46 | 0.61 | 0.43 | 0.69 |
| EV/EBITDA Ratio | 3.95 | 5.70 | 5.87 | 6.95 | 5.82 | 5.56 |
| EV/EBIT Ratio | 5.47 | 9.62 | 12.39 | 12.26 | 10.72 | 8.54 |
| EV/FCF Ratio | 14.89 | 29.09 | 72.82 | 48.54 | 33.97 | |
| Debt / Equity Ratio | 1.35 | 2.12 | 2.79 | 2.77 | 2.73 | 7.32 |
| Debt / EBITDA Ratio | 1.51 | 2.46 | 3.36 | 2.86 | 3.47 | 2.79 |
| Debt / FCF Ratio | 5.70 | 12.97 | 31.12 | 28.91 | 17.03 | |
| Net Debt / Equity Ratio | 1.24 | 2.00 | 2.60 | 2.47 | 2.51 | 6.81 |
| Net Debt / EBITDA Ratio | 1.38 | 2.40 | 3.27 | 2.65 | 3.19 | 2.59 |
| Net Debt / FCF Ratio | 5.20 | 12.22 | -16.87 | 27.74 | 26.58 | 15.86 |
| Asset Turnover | 1.79 | 1.68 | 1.52 | 1.53 | 1.67 | 1.41 |
| Inventory Turnover | 5.14 | 5.59 | 5.36 | 5.17 | 5.96 | 6.72 |
| Quick Ratio | 0.55 | 0.47 | 0.43 | 0.48 | 0.41 | 0.48 |
| Current Ratio | 1.48 | 1.29 | 1.27 | 1.28 | 1.22 | 1.13 |
| Return on Equity (ROE) | 52.27% | 32.39% | 8.17% | 20.32% | 56.52% | 275.79% |
| Return on Assets (ROA) | 9.67% | 5.96% | 3.54% | 4.80% | 4.21% | 7.10% |
| Return on Invested Capital (ROIC) | 20.55% | 11.72% | 4.69% | 9.83% | 12.72% | 14.81% |
| Return on Capital Employed (ROCE) | 23.10% | 13.50% | 8.30% | 11.60% | 9.90% | 17.10% |
| Earnings Yield | 17.85% | 10.51% | 3.73% | 5.19% | 18.04% | 11.52% |
| FCF Yield | 10.32% | 6.12% | -7.46% | 2.25% | 4.45% | 5.60% |
| Buyback Yield / Dilution | 2.10% | 4.10% | 0.32% | -1.03% | 0.14% | -6.08% |