Stocks · Materials · Secondary Smelting & Refining of Nonferrous Metals

CONSTELLIUM SE

CSTM Clue Score56
France Fiscal year ends December CIK 0001563411
$25.81 +0.82% Close, 9 Oct 2026
Price $25.81 +36.13% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue4,743.0Operating income267.0Net income−4.0EPS, diluted−0.04Fiscal year 2017Revenue5,237.0 +10.4%Operating income338.0Net income−31.0EPS, diluted−0.28Fiscal year 2018Revenue5,686.0 +8.6%Operating income404.0Net income188.0EPS, diluted1.37Fiscal year 2019Revenue5,907.0 +3.9%Operating income255.0Net income59.0 −68.6%EPS, diluted0.41 −70.1%Fiscal year 2020Revenue4,883.0 −17.3%Operating income125.0Net income−21.0 −135.6%EPS, diluted−0.15 −136.6%Fiscal year 2021Revenue6,152.0 +26.0%Operating income484.0Net income257.0EPS, diluted1.75Fiscal year 2022Revenue8,532.0 +38.7%Operating income334.0Net income308.0 +19.8%EPS, diluted2.10 +20.0%Fiscal year 2023Revenue7,826.0 −8.3%Operating income337.0Net income152.0 −50.6%EPS, diluted1.03 −51.0%Fiscal year 2024Revenue7,335.0 −6.3%Net income56.0 −63.2%EPS, diluted0.38 −63.1%Fiscal year 2025Revenue8,449.0 +15.2%Net income273.0 +387.5%EPS, diluted1.92 +405.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 4,743.0 5,237.0 5,686.0 5,907.0 4,883.0 6,152.0 8,532.0 7,826.0 7,335.0 8,449.0
Growth +10.4% +8.6% +3.9% −17.3% +26.0% +38.7% −8.3% −6.3% +15.2%
Operating income 267.0 338.0 404.0 255.0 125.0 484.0 334.0 337.0 n/a n/a
Net income −4.0 −31.0 188.0 59.0 −21.0 257.0 308.0 152.0 56.0 273.0
Growth −68.6% −135.6% +19.8% −50.6% −63.2% +387.5%
EPS, diluted −0.04 −0.28 1.37 0.41 −0.15 1.75 2.10 1.03 0.38 1.92
Growth −70.1% −136.6% +20.0% −51.0% −63.1% +405.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin11.3%Operating margin5.6%Net margin−0.1%Free cash flow margin−5.6%Fiscal year 2017Gross margin10.6%Operating margin6.5%Net margin−0.6%Free cash flow margin−2.2%Fiscal year 2018Gross margin9.5%Operating margin7.1%Net margin3.3%Free cash flow margin−3.7%Fiscal year 2019Gross margin10.2%Operating margin4.3%Net margin1.0%Free cash flow margin3.0%Fiscal year 2020Gross margin10.0%Operating margin2.6%Net margin−0.4%Free cash flow margin3.1%Fiscal year 2021Gross margin10.8%Operating margin7.9%Net margin4.2%Free cash flow margin2.0%Fiscal year 2022Gross margin7.9%Operating margin3.9%Net margin3.6%Free cash flow margin0.9%Fiscal year 2023Gross margin9.1%Operating margin4.3%Net margin1.9%Free cash flow margin0.8%Fiscal year 2024Net margin0.8%Free cash flow margin−1.5%Fiscal year 2025Net margin3.2%Free cash flow margin1.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 11.3% 10.6% 9.5% 10.2% 10.0% 10.8% 7.9% 9.1% n/a n/a
Operating margin 5.6% 6.5% 7.1% 4.3% 2.6% 7.9% 3.9% 4.3% n/a n/a
Net margin −0.1% −0.6% 3.3% 1.0% −0.4% 4.2% 3.6% 1.9% 0.8% 3.2%
Free cash flow margin −5.6% −2.2% −3.7% 3.0% 3.1% 2.0% 0.9% 0.8% −1.5% 1.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow88.0Capital expenditure−355.0Free cash flow−267.0Fiscal year 2017Operating cash flow160.0Capital expenditure−276.0Free cash flow−116.0Fiscal year 2018Operating cash flow66.0Capital expenditure−277.0Free cash flow−211.0Fiscal year 2019Operating cash flow447.0Capital expenditure−271.0Free cash flow176.0Fiscal year 2020Operating cash flow334.0Capital expenditure−182.0Free cash flow152.0 −13.6%Fiscal year 2021Operating cash flow357.0Capital expenditure−232.0Free cash flow125.0 −17.8%Fiscal year 2022Operating cash flow365.0Capital expenditure−289.0Free cash flow76.0 −39.2%Buybacks0.0Fiscal year 2023Operating cash flow432.0Capital expenditure−366.0Free cash flow66.0 −13.2%Buybacks0.0Fiscal year 2024Operating cash flow301.0Capital expenditure−413.0Free cash flow−112.0 −269.7%Buybacks−79.0Fiscal year 2025Operating cash flow489.0Capital expenditure−330.0Free cash flow159.0Buybacks−115.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 88.0 160.0 66.0 447.0 334.0 357.0 365.0 432.0 301.0 489.0
Capital expenditure −355.0 −276.0 −277.0 −271.0 −182.0 −232.0 −289.0 −366.0 −413.0 −330.0
Free cash flow −267.0 −116.0 −211.0 176.0 152.0 125.0 76.0 66.0 −112.0 159.0
Growth −13.6% −17.8% −39.2% −13.2% −269.7%
Buybacks n/a n/a n/a n/a n/a n/a 0.0 0.0 −79.0 −115.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash347.0Total debt2,361.0Net cash (debt)−2,014.0Shareholders’ equity−579.0Fiscal year 2017Cash269.0Total debt2,021.0Net cash (debt)−1,752.0Shareholders’ equity−327.0Fiscal year 2018Cash164.0Total debt2,151.0Net cash (debt)−1,987.0Shareholders’ equity−122.0Fiscal year 2019Cash184.0Total debt2,160.0Net cash (debt)−1,976.0Shareholders’ equity−96.0Fiscal year 2020Cash439.0Total debt2,299.0Net cash (debt)−1,860.0Shareholders’ equity−115.0Fiscal year 2021Cash166.0Total debt1,871.0Net cash (debt)−1,705.0Shareholders’ equity115.0Debt to equity16.27Fiscal year 2022Cash176.0Total debt1,908.0Net cash (debt)−1,732.0Shareholders’ equity603.0Debt to equity3.16Fiscal year 2023Cash223.0Total debt1,814.0Net cash (debt)−1,591.0Shareholders’ equity718.0Debt to equity2.53Fiscal year 2024Cash141.0Shareholders’ equity706.0Fiscal year 2025Cash120.0Shareholders’ equity952.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 347.0 269.0 164.0 184.0 439.0 166.0 176.0 223.0 141.0 120.0
Total debt 2,361.0 2,021.0 2,151.0 2,160.0 2,299.0 1,871.0 1,908.0 1,814.0 n/a n/a
Net cash (debt) −2,014.0 −1,752.0 −1,987.0 −1,976.0 −1,860.0 −1,705.0 −1,732.0 −1,591.0 n/a n/a
Shareholders’ equity −579.0 −327.0 −122.0 −96.0 −115.0 115.0 603.0 718.0 706.0 952.0
Debt to equity n/a n/a n/a n/a n/a 16.27 3.16 2.53 n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
88.0 160.0 66.0 447.0 334.0 357.0 365.0 432.0 301.0 489.0
Growth +81.8% −58.8% +577.3% −25.3% +6.9% +2.2% +18.4% −30.3% +62.5%
155.0 171.0 197.0 256.0 259.0 267.0 290.0 300.0 304.0 330.0
Investment
−355.0 −276.0 −277.0 −271.0 −182.0 −232.0 −289.0 −366.0 −413.0 −330.0
calc −267.0 −116.0 −211.0 176.0 152.0 125.0 76.0 66.0 −112.0 159.0
Growth −13.6% −17.8% −39.2% −13.2% −269.7%
calc −2.53 −1.05 −1.53 1.23 1.10 0.85 0.52 0.44 −0.76 1.12
−365.0 −292.0 −91.0 −353.0 −176.0 −221.0 −196.0 −216.0 −313.0 −309.0
Financing
145.0 61.0 −82.0 −76.0 101.0 −435.0 −150.0 −177.0 −61.0 −215.0
n/a n/a n/a n/a n/a n/a 0.0 0.0 −79.0 −115.0

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.