CSTM

MKT CAP:$4B

Constellium SE

Market Cap

$4B

Basic Materials·Aluminum·🇫🇷 France·NYSE

Materials·Aluminum·🇫🇷·NYSE

Stock Price

$31.38+$11.61 (+58.73%)

Apr 24, 2026

Company Details

Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the packaging, aerospace, and automotive end-markets. The company operates through three seg...

CEO

Ingrid Joerg

IPO Date

May 23, 2013

Website

www.constellium.com

Key Metrics TTM

Revenue

$8.8B

+2.9% YoY

Net Income

$123M

EPS (Diluted)

$0.94

Free Cash Flow

-$100M

Revenue / Share

$61.65

Gross Margin

16.1%

Operating Margin

4.3%

Net Margin

1.4%

FCF Margin

-1.1%

P/S

0.5x

P/E

34.8x

Earnings Reports

Q4 2025

Apr 29, 2026

PENDING

FY 2025

Feb 25, 2026

$8.4B-2.0%EPS $1.91

Q3 2025

Oct 29, 2025

$2.2B+13.0%EPS $0.62

Q2 2025

Jul 31, 2025

$2.5B+17.2%EPS $0.29

Q1 2025

Apr 30, 2025

$2.3B+14.3%EPS $0.30

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 18	$1.7B	$132M	$307M
Q3 19	$1.7B	$170M	$60M
Q4 19	$1.8B	$170M	$60M
Q1 20	$1.9B	$197M	$95M
Q4 20	$1.7B	$187M	$91M
Q2 21	$2.1B	$281M	$176M
Q1 22	$2.3B	$254M	$290M
Q4 22	$2.2B	$128M	$18M
Q2 23	$2.5B	$271M	$153M
Q1 24	$2.0B	$188M	$68M
Q2 24	$2.1B	$222M	$148M
Q3 24	$1.9B	$133M	$51M
Q4 24	$1.8B	$483M	$32M
Q1 25	$2.3B	$307M	$113M
Q2 25	$2.5B	$307M	$99M
Q3 25	$2.2B	$314M	$133M

Valuation

Quarter	P/S	P/E
Q3 18	0.7x	13.6x
Q3 19	0.6x	14.7x
Q4 19	0.6x	12.4x
Q1 20	0.6x	17.8x
Q4 20	0.6x	207.4x
Q2 21	0.6x	25.1x
Q1 22	0.5x	12.2x
Q4 22	0.5x	10.1x
Q2 23	0.5x	9.9x
Q1 24	0.5x	14.3x
Q2 24	0.5x	24.5x
Q3 24	0.5x	29.7x
Q4 24	0.5x	80.1x
Q1 25	0.5x	54.8x
Q2 25	0.5x	115.5x
Q3 25	0.5x	34.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q3 18	$54M	-$20M
Q3 19	$94M	$35M
Q4 19	$137M	$20M
Q1 20	$186M	$112M
Q4 20	$94M	$23M
Q2 21	$102M	$43M
Q1 22	$68M	$29M
Q4 22	$156M	$24M
Q2 23	$170M	$86M
Q1 24	$63M	-$16M
Q2 24	$178M	$87M
Q3 24	$101M	-$12M
Q4 24	-$10M	-$151M
Q1 25	$58M	-$11M
Q2 25	$114M	$37M
Q3 25	$105M	$25M

Capital Expenditures

Quarter	CapEx
Q3 18	$74M
Q3 19	$58M
Q4 19	$117M
Q1 20	$74M
Q4 20	$71M
Q2 21	$58M
Q1 22	$39M
Q4 22	$133M
Q2 23	$84M
Q1 24	$80M
Q2 24	$91M
Q3 24	$112M
Q4 24	$141M
Q1 25	$69M
Q2 25	$77M
Q3 25	$80M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 18	+7.5%	-5.1%
Q3 19	+14.2%	+17.6%
Q4 19	+9.6%	+7.2%
Q1 20	+7.4%	+11.3%
Q4 20	+3.8%	+20.5%
Q2 21	+25.3%	+19.1%
Q1 22	+30.3%	+17.9%
Q4 22	+18.8%	+24.2%
Q2 23	+43.2%	+41.8%
Q1 24	-5.4%	-0.4%
Q2 24	-9.3%	-3.6%
Q3 24	-12.9%	-14.5%
Q4 24	-26.2%	-22.7%
Q1 25	+14.3%	+12.5%
Q2 25	+17.2%	+21.0%
Q3 25	+13.0%	+9.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q3 18	$4M	0.2%
Q3 19	$6M	0.3%
Q4 19	$0	0.0%
Q1 20	$0	0.0%
Q4 20	$0	0.0%
Q2 21	$0	0.0%
Q1 22	$5M	0.2%
Q4 22	$0	0.0%
Q2 23	$0	0.0%
Q1 24	$7M	0.3%
Q2 24	$7M	0.3%
Q3 24	$6M	0.3%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	SG&A
Q3 18	$12M	—	$74M
Q3 19	$14M	—	$77M
Q4 19	$16M	—	$94M
Q1 20	$17M	—	$85M
Q4 20	$14M	—	$82M
Q2 21	$13M	—	$92M
Q1 22	$13M	—	$80M
Q4 22	$19M	—	$91M
Q2 23	$17M	—	$102M
Q1 24	$18M	—	$88M
Q2 24	$15M	—	$90M
Q3 24	$13M	—	$74M
Q4 24	$6M	—	$89M
Q1 25	$15M	$88M	—
Q2 25	$14M	$98M	—
Q3 25	$12M	—	$85M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$187M	$129M	$316M
Q2 22	$191M	$0	$191M
Q3 22	$200M	$55M	$255M
Q4 22	$207M	$0	$207M
Q1 23	$226M	$34M	$260M
Q2 23	$227M	$0	$227M
Q3 23	$186M	$40M	$226M
Q4 23	$261M	$0	$261M
Q1 24	$227M	$25M	$253M
Q2 24	$267M	$28M	$295M
Q3 24	$178M	$35M	$213M
Q4 24	$165M	$0	$165M
Q1 25	$118M	$0	$118M
Q2 25	$133M	$0	$133M
Q3 25	$122M	$0	$122M
Q4 25	$119M	$0	$119M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 18	140M	+1.0%	+31.6%
Q3 19	142M	+1.1%	+30.4%
Q4 19	143M	+0.5%	+6.1%
Q1 20	138M	-3.3%	-0.8%
Q4 20	145M	+5.3%	+3.4%
Q2 21	147M	+1.1%	+3.4%
Q1 22	148M	+0.5%	+3.4%
Q4 22	147M	-0.6%	+6.3%
Q2 23	148M	+1.1%	+2.1%
Q1 24	147M	-0.9%	+0.0%
Q2 24	149M	+1.5%	+1.0%
Q3 24	147M	-1.1%	+0.6%
Q4 24	147M	0.0%	-0.5%
Q1 25	144M	-2.3%	-1.8%
Q2 25	142M	-1.3%	-4.6%
Q3 25	142M	0.0%	-3.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 18	$139.1K	12K
Q3 19	$131.4K	13K
Q4 19	$134.5K	13K
Q1 20	$140.2K	13K
Q4 20	$144.4K	12K
Q2 21	$178.3K	12K
Q1 22	$192.8K	12K
Q4 22	$175.9K	13K
Q2 23	$198.5K	13K
Q1 24	$168.7K	12K
Q2 24	$174.9K	12K
Q3 24	$159.7K	12K
Q4 24	$152.6K	12K
Q1 25	$192.8K	12K
Q2 25	$204.9K	12K
Q3 25	$180.5K	12K

Revenue / Employee