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Constellium SE, together with its subsidiaries, engages in the design, manufacture, and sale of rolled and extruded aluminum products for the aerospace, packaging, automotive, commercial transportation, general industrial, and defense end-markets. It operates through three segments: Packaging & Automotive Rolled Products, Aerospace & Transportation, and Automotive Structures & Industry. The Packaging & Automotive Rolled Products segment produces and develops rolled aluminum products, including canstock and closure stock for the beverage and food industry, as well as foil stock for the flexible packaging market. This segment also supplies automotive body sheets, heat exchangers, and battery foil products for the automotive market. The Aerospace & Transportation segment provides aluminum products including plate, sheet, and extrusions to aerospace, space, commercial transportation, general industrial, and defense sectors. The Automotive Structures & Industry segment offers structural solutions for the automotive industry including crash management systems, body structures, side impact beams, and battery enclosure components; soft and hard alloy extrusions for automotive, transportation, and general industrial applications; and profiles for rail and general industrial applications. This segment also provides downstream technology and services, which include pre-machining, surface treatment, research and development, and technical support services. It sells its products directly or through distributors in France, Germany, the Czech Republic, the United Kingdom, Switzerland, and the United States, as well as South Korea, Japan and China. The company was incorporated in 2010 and is headquartered in Paris, France.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $8.4B | $844M | $273M | $159M | 28.1% | 15.2% | 387.5% |
| 2024 | $7.3B | $542M | $56M | $-112M | 7.7% | -6.3% | -63.2% |
| 2023 | $7.8B | $639M | $152M | $66M | 20.5% | -8.3% | -50.6% |
| 2022 | $8.5B | $539M | $308M | $76M | 38.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 8,532 | 7,826 | 7,335 | 8,449 |
| Cost Of Revenue | 7,569 | 6,771 | 6,397 | 7,262 |
| Gross Profit | 963 | 1,055 | 938 | 1,187 |
| Operating Expense | 620 | 669 | 666 | 713 |
| Operating Income | 343 | 386 | 272 | 474 |
| EBITDA | 539 | 639 | 542 | 844 |
| EBIT | 249 | 339 | 238 | 514 |
| Pretax Income | 150 | 232 | 135 | 408 |
| Tax Provision | -165 | 75 | 75 | 133 |
| Net Income | 308 | 152 | 56 | 273 |
| Net Income Common Stockholders | 308 | 152 | 56 | 273 |
| Total Expenses | 8,189 | 7,440 | 7,063 | 7,975 |
| Interest Expense | 99 | 107 | 103 | 106 |
| Research And Development | 46 | 52 | 49 | 51 |
| Selling General And Administration | 284 | 317 | 313 | 332 |
| Normalized EBITDA | 618 | 673 | 569 | 792 |
| Normalized Income | 370.41 | 175.02 | 77.33 | 237.95 |
| Basic EPS | 2.25 | 0.94 | 0.38 | 0 |
| Diluted EPS | 2.21 | 0.93 | 0.38 | 0 |
| Tax Effect Of Unusual Items | -16.59 | -10.98 | -5.67 | 16.95 |
| Tax Rate For Calcs | 0.21 | 0.32 | 0.21 | 0.33 |
| Total Unusual Items | -79 | -34 | -27 | 52 |
| Total Unusual Items Excluding Goodwill | -79 | -34 | -27 | 52 |
| Net Income From Continuing Operation Net Minority Interest | 308 | 152 | 56 | 273 |
| Reconciled Depreciation | 290 | 300 | 304 | 330 |
| Reconciled Cost Of Revenue | 7,569 | 6,771 | 6,397 | 7,262 |
| Net Interest Income | -104 | -113 | -109 | -114 |
| Net Income From Continuing And Discontinued Operation | 308 | 152 | 56 | 273 |
| Rent Expense Supplemental | 16.09 | 19.90 | 0 | 0 |
| Total Operating Income As Reported | 358.18 | 372.52 | 0 | 0 |
| Diluted Average Shares | 146.61 | 149.24 | 148 | 0 |
| Basic Average Shares | 143.63 | 146.13 | 145.72 | 0 |
| Diluted NI Availto Com Stockholders | 308 | 152 | 56 | 273 |
| Minority Interests | -7 | -5 | -4 | -2 |
| Net Income Including Noncontrolling Interests | 315 | 157 | 60 | 275 |
| Net Income Continuous Operations | 315 | 157 | 60 | 275 |
| Other Income Expense | -89 | -41 | -28 | 48 |
| Other Non Operating Income Expenses | -10 | -7 | -1 | -4 |
| Special Income Charges | -22 | 19 | -40 | -28 |
| Gain On Sale Of Ppe | -5 | 41 | -4 | -4 |
| Other Special Charges | 0 | 0 | 1 | 0 |
| Impairment Of Capital Assets | 16 | 22 | 24 | 21 |
| Restructuring And Mergern Acquisition | 1 | 0 | 11 | 3 |
| Earnings From Equity Interest | 0 | 0 | 0 | 0 |
| Gain On Sale Of Security | -57 | -53 | 13 | 80 |
| Net Non Operating Interest Income Expense | -104 | -113 | -109 | -114 |
| Total Other Finance Cost | 5 | 6 | 6 | 8 |
| Interest Expense Non Operating | 99 | 107 | 103 | 106 |
| Depreciation Amortization Depletion Income Statement | 290 | 300 | 304 | 330 |
| Depreciation And Amortization In Income Statement | 290 | 300 | 304 | 330 |
| General And Administrative Expense | 235 | 302 | 0 | 0 |
| Other Gand A | 282 | 302 | 0 | 0 |
| Salaries And Wages | -47 | 0 | 0 | 0 |
| Operating Revenue | 8,532 | 7,826 | 7,335 | 8,449 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Constellium SEthis co. | CSTM | $4.4B | 16.79↓ discount | 4.58 | 28.1% | 7.60 |
| UFP Industries, Inc. | UFPI | $5.3B | 18.59 | 1.72 | 9.5% | 8.92 |
| Knife River Corporation | KNF | $5.1B | 32.50 | 3.10 | 9.6% | 12.74 |
| Perimeter Solutions, Inc. | PRM | $5.0B | - | 4.01 | -18.2% | -39.77 |
| USA Rare Earth, Inc. | USAR | $4.8B | - |
| 6.62 |
| -60.2% |
| -96.24 |
| Cabot Corporation | CBT | $4.0B | 13.24 | 2.51 | 19.4% | 6.56 |
| United States Lime & Minerals, Inc. | USLM | $3.7B | 27.46 | 5.82 | 21.3% | 18.03 |
| NovaGold Resources Inc. | NG | $3.4B | - | 7.70 | -57.8% | -109.35 |
| Avient Corporation | AVNT | $3.3B | 40.65 | 1.40 | 3.4% | 8.87 |
| Peer Median | - | 27.46 | 3.56 | 6.5% | 7.71 | |