Cash flow Constellium SE

Equities

CSTM

FR0013467479

Aluminum

Market Closed - Nyse Other stock markets 04:00:02 2025-07-11 pm EDT			5-day change	1st Jan Change
14.11 ^USD	-2.35%		-3.09%	+37.39%

Jul. 11	Deutsche Bank Raises Price Target on Constellium to $19 From $16, Keeps Buy Rating	MT
Jun. 30	Constellium SE(NYSE:CSTM) added to Russell 3000 Value Index	CI

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Published financial data: CONSTELLIUM SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	4.88B	6.15B	8.12B	7.24B	7.34B
Total Revenues	4.88B	6.15B	8.12B	7.24B	7.34B
Cost of Goods Sold, Total	4.39B	5.49B	7.45B	6.53B	6.4B
Gross Profit	490M	664M	672M	710M	938M
Selling General & Admin Expenses, Total	248M	267M	293M	318M	311M
R&D Expenses	39M	39M	48M	52M	49M
Depreciation & Amortization - (IS)	-	-	-	-	304M
Other Operating Expenses	5M	-139M	55M	50M	-
Other Operating Expenses, Total	292M	167M	396M	420M	664M
Operating Income	198M	497M	276M	290M	274M
Interest Expense, Total	-126M	-116M	-100M	-99M	-94M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-126M	-116M	-100M	-99M	-94M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-14M	16M	5M	3M	2M
Other Non Operating Income (Expenses)	-27M	-15M	-20M	-27M	-7M
EBT, Excl. Unusual Items	31M	382M	161M	167M	175M
Restructuring Charges	-13M	-3M	-1M	-	-11M
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-4M	-3M	-4M	29M	-4M
Asset Writedown	-43M	-	-	-	-24M
Other Unusual Items	-5M	-59M	47M	-	-1M
EBT, Incl. Unusual Items	-34M	317M	203M	196M	135M
Income Tax Expense	-17M	55M	-105M	67M	75M
Earnings From Continuing Operations	-17M	262M	308M	129M	60M
Net Income to Company	-17M	262M	308M	129M	60M
Minority Interest	-4M	-5M	-7M	-4M	-4M
Net Income - (IS)	-21M	257M	301M	125M	56M
Net Income to Common Incl Extra Items	-21M	257M	301M	125M	56M
Net Income to Common Excl. Extra Items	-21M	257M	301M	125M	56M
Per Share Items
Net EPS - Basic	-0.15	1.82	2.1	0.86	0.38
Basic EPS - Continuing Operations	-0.15	1.82	2.1	0.86	0.38
Basic Weighted Average Shares Outstanding	139M	141M	144M	146M	146M
Net EPS - Diluted	-0.15	1.75	2.06	0.84	0.38
Diluted EPS - Continuing Operations	-0.15	1.75	2.06	0.84	0.38
Diluted Weighted Average Shares Outstanding	139M	147M	147M	149M	148M
Normalized Basic EPS	0.11	1.66	0.65	0.69	0.72
Normalized Diluted EPS	0.11	1.59	0.64	0.67	0.71
Supplemental Items
EBITDA	413M	724M	523M	547M	578M
EBITA	200M	499M	279M	292M	274M
EBIT	198M	497M	276M	290M	274M
EBITDAR	424M	736M	538M	565M	600M
Effective Tax Rate - (Ratio)	50	17.35	-51.72	34.18	55.56
Current Domestic Taxes	-	-	-	-	28M
Current Foreign Taxes	-	-	-	-	16M
Total Current Taxes	14M	26M	22M	54M	44M
Deferred Domestic Taxes	-	-	-	-	9M
Deferred Foreign Taxes	-	-	-	-	22M
Total Deferred Taxes	-31M	29M	-127M	13M	31M
Normalized Net Income	15.38M	234M	93.62M	100M	105M
Interest Capitalized	1M	1M	1M	4M	6M
Interest on Long-Term Debt	121M	110M	93M	89M	91M
Non-Cash Pension Expense	17M	43M	-39M	16M	-2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	50M	49M	59M	53M	96M
Net Rental Expense, Total	11M	12M	15M	18M	22M
Imputed Operating Lease Interest Expense	4.65M	4.92M	5.79M	7.56M	8.62M
Imputed Operating Lease Depreciation	6.35M	7.08M	9.21M	10.44M	13.38M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., Other (Total)	15M	15M	18M	20M	25M
Total Stock-Based Compensation	15M	15M	18M	20M	25M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	439M	147M	166M	202M	141M
Total Cash And Short Term Investments	439M	147M	166M	202M	141M
Accounts Receivable, Total	343M	605M	467M	388M	383M
Other Receivables	57M	69M	64M	94M	103M
Notes Receivable	-	-	-	-	-
Total Receivables	400M	674M	531M	482M	486M
Inventory	582M	1.05B	1.32B	1.1B	1.18B
Prepaid Expenses	6M	9M	8M	8M	-
Other Current Assets, Total	39M	58M	45M	30M	26M
Total Current Assets	1.47B	1.94B	2.07B	1.82B	1.83B
Gross Property Plant And Equipment	3.26B	3.58B	3.92B	4.13B	4.9B
Accumulated Depreciation	-1.35B	-1.63B	-1.91B	-2.08B	-2.49B
Net Property Plant And Equipment	1.91B	1.95B	2.02B	2.05B	2.41B
Long-term Investments	1M	-	-	-	-
Goodwill	417M	451M	478M	462M	46M
Other Intangibles, Total	61M	58M	54M	47M	97M
Accounts Receivable Long-Term	23M	19M	15M	16M	16M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Tax Assets Long-Term	193M	162M	271M	252M	311M
Deferred Charges Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	62M	48M	36M	17M	22M
Total Assets	4.13B	4.62B	4.94B	4.66B	4.73B
Liabilities
Accounts Payable, Total	626M	1.06B	1.16B	931M	959M
Accrued Expenses, Total	158M	201M	212M	226M	204M
Current Portion of Long-Term Debt	62M	221M	113M	24M	34M
Current Portion of Leases	41M	37M	35M	30M	22M
Current Income Taxes Payable	20M	34M	16M	19M	18M
Unearned Revenue Current, Total	81M	77M	55M	62M	65M
Other Current Liabilities	98M	79M	117M	96M	144M
Total Current Liabilities	1.09B	1.71B	1.7B	1.39B	1.45B
Long-Term Debt	2.18B	1.72B	1.78B	1.69B	1.85B
Long-Term Leases	154M	146M	133M	124M	120M
Unearned Revenue Non Current	3M	4M	20M	29M	33M
Pension & Other Post Retirement Benefits	664M	599M	403M	411M	375M
Deferred Tax Liability Non Current	10M	14M	28M	28M	39M
Other Non Current Liabilities	134M	131M	127M	127M	140M
Total Liabilities	4.23B	4.33B	4.19B	3.8B	4.01B
Common Stock, Total	3M	3M	3M	3M	4M
Additional Paid In Capital	420M	420M	420M	420M	513M
Retained Earnings	-410M	-153M	148M	274M	93M
Treasury Stock	-	-	-	-	-51M
Comprehensive Income and Other	-128M	4M	160M	146M	147M
Total Common Equity	-115M	274M	731M	843M	706M
Minority Interest	14M	17M	21M	21M	21M
Total Equity	-101M	291M	752M	864M	727M
Total Liabilities And Equity	4.13B	4.62B	4.94B	4.66B	4.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	140M	142M	144M	147M	144M
ECS Total Common Shares Outstanding	140M	142M	144M	147M	144M
Book Value / Share	-0.82	1.93	5.07	5.74	4.92
Tangible Book Value	-593M	-235M	199M	334M	563M
Tangible Book Value Per Share	-4.24	-1.66	1.38	2.27	3.92
Total Debt	2.44B	2.13B	2.06B	1.87B	2.03B
Net Debt	2B	1.98B	1.89B	1.67B	1.89B
Debt Equivalent of Unfunded Proj. Benefit Obligation	664M	599M	403M	411M	397M
Debt Equivalent Oper. Leases	88M	96M	120M	144M	176M
Minority Interest, Total (Incl. Fin. Div)	14M	17M	21M	21M	21M
Equity Method Investments, Total	1M	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	118M	226M	308M	231M	260M
Inventories - Work In Process, Total	280M	551M	638M	537M	571M
Inventories - Finished Goods, Total	149M	225M	315M	260M	250M
Inventories - Others	80M	95M	112M	123M	100M
Land - (BS)	35M	38M	42M	44M	65M
Buildings, Total	417M	440M	476M	491M	790M
Machinery, Total	2.34B	2.61B	2.81B	3B	3.76B
Full Time Employees	10.9K	10.8K	10.8K	11.1K	12K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	4M	4M	2M	2M	2M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-21M	257M	301M	125M	56M
Depreciation & Amortization - CF	249M	253M	277M	286M	304M
Amortization of Goodwill and Intangible Assets - (CF)	2M	2M	3M	2M	-
Depreciation & Amortization, Total	251M	255M	280M	288M	304M
Amortization of Deferred Charges, Total - (CF)	8M	12M	7M	6M	-
(Gain) Loss From Sale Of Asset	4M	3M	4M	-29M	4M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	43M	-	-	-	24M
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Other Operating Activities, Total	-2M	91M	-109M	62M	49M
Change In Accounts Receivable	36M	-227M	155M	55M	-50M
Change In Inventories	63M	-435M	-241M	194M	-24M
Change In Accounts Payable	-38M	396M	41M	-190M	-40M
Change In Income Taxes	-	-	-	-	-
Change in Other Net Operating Assets	-10M	5M	13M	-5M	-22M
Cash from Operations	334M	357M	451M	506M	301M
Capital Expenditure	-182M	-232M	-273M	-337M	-413M
Sale of Property, Plant, and Equipment	1M	1M	-	48M	12M
Cash Acquisitions	-	-	-	-	3M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	5M	10M	3M	1M	85M
Cash from Investing	-176M	-221M	-270M	-288M	-313M
Long-Term Debt Issued, Total	492M	712M	72M	-	725M
Total Debt Issued	492M	712M	72M	-	725M
Long-Term Debt Repaid, Total	-374M	-1.09B	-229M	-173M	-697M
Total Debt Repaid	-374M	-1.09B	-229M	-173M	-697M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-	-	-	-79M
Other Financing Activities, Total	-17M	-58M	-6M	-9M	-10M
Cash from Financing	101M	-435M	-163M	-182M	-61M
Foreign Exchange Rate Adjustments	-4M	7M	2M	-1M	-9M
Miscellaneous Cash Flow Adjustments	-	-	-1M	1M	-
Net Change in Cash	255M	-292M	19M	36M	-82M
Supplemental Items
Cash Interest Paid	140M	128M	113M	123M	93M
Cash Income Tax Paid (Refund)	-9M	-3M	17M	31M	47M
Levered Free Cash Flow	192M	-2.88M	128M	161M	-2.5M
Unlevered Free Cash Flow	271M	69.62M	190M	223M	56.25M
Change In Net Working Capital	-55M	291M	14M	-65M	31M
Net Debt Issued / Repaid	118M	-377M	-157M	-173M	28M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.98	7.1	3.61	3.78	3.54
Return on Total Capital	5.36	13.07	6.6	6.54	6.17
Return On Equity %	18.28	275.79	59.06	15.97	8.17
Return on Common Equity	19.91	323.27	59.9	15.88	7.87
Margin Analysis
Gross Profit Margin %	10.03	10.79	8.28	9.81	12.79
SG&A Margin	5.08	4.34	3.61	4.39	4.24
EBITDA Margin %	8.46	11.77	6.44	7.56	7.88
EBITA Margin %	4.1	8.11	3.44	4.03	3.74
EBIT Margin %	4.05	8.08	3.4	4.01	3.74
Income From Continuing Operations Margin %	-0.35	4.26	3.79	1.78	0.82
Net Income Margin %	-0.43	4.18	3.71	1.73	0.76
Net Avail. For Common Margin %	-0.43	4.18	3.71	1.73	0.76
Normalized Net Income Margin	0.31	3.8	1.15	1.39	1.44
Levered Free Cash Flow Margin	3.93	-0.05	1.58	2.23	-0.03
Unlevered Free Cash Flow Margin	5.54	1.13	2.35	3.08	0.77
Asset Turnover
Asset Turnover	1.17	1.41	1.7	1.51	1.52
Fixed Assets Turnover	2.46	3.19	4.1	3.56	3.04
Receivables Turnover (Average Receivables)	13.23	12.98	15.15	16.93	18.27
Inventory Turnover (Average Inventory)	7.02	6.73	6.29	5.4	5.38
Short Term Liquidity
Current Ratio	1.35	1.13	1.22	1.31	1.27
Quick Ratio	0.77	0.48	0.41	0.49	0.43
Operating Cash Flow to Current Liabilities	0.31	0.21	0.26	0.36	0.21
Days Sales Outstanding (Average Receivables)	27.66	28.12	24.09	21.56	20.03
Days Outstanding Inventory (Average Inventory)	52.15	54.27	58.07	67.59	68.03
Average Days Payable Outstanding	56.83	51.81	52.49	60.36	56.9
Cash Conversion Cycle (Average Days)	22.98	30.58	29.67	28.78	31.16
Long Term Solvency
Total Debt/Equity	-2.41K	731.62	273.4	216.2	279.23
Total Debt / Total Capital	104.33	87.98	73.22	68.37	73.63
LT Debt/Equity	-2.31K	642.96	253.72	209.95	271.53
Long-Term Debt / Total Capital	99.91	77.31	67.95	66.4	71.6
Total Liabilities / Total Assets	102.45	93.71	84.78	81.46	84.64
EBIT / Interest Expense	1.57	4.28	2.76	2.93	2.91
EBITDA / Interest Expense	3.56	6.48	5.56	5.84	6.38
(EBITDA - Capex) / Interest Expense	2.12	4.48	2.83	2.43	1.99
Total Debt / EBITDA	5.43	2.83	3.7	3.23	3.38
Net Debt / EBITDA	4.45	2.64	3.4	2.88	3.15
Total Debt / (EBITDA - Capex)	9.12	4.09	7.27	7.75	10.86
Net Debt / (EBITDA - Capex)	7.48	3.81	6.68	6.91	10.1
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-17.34	25.99	31.99	-10.85	-6.27
Gross Profit, 1 Yr. Growth %	-18.6	35.51	1.2	5.65	-11.09
EBITDA, 1 Yr. Growth %	-9.23	76.59	-27.76	4.59	-16.47
EBITA, 1 Yr. Growth %	-16.67	153.3	-44.09	4.66	-30.1
EBIT, 1 Yr. Growth %	-16.81	154.87	-44.47	5.07	-30.1
Earnings From Cont. Operations, 1 Yr. Growth %	-126.56	-1.64K	17.56	-58.12	-61.78
Net Income, 1 Yr. Growth %	-135.59	-1.32K	17.12	-58.47	-63.16
Normalized Net Income, 1 Yr. Growth %	-70	1.63K	-59.95	7.21	-17.76
Diluted EPS Before Extra, 1 Yr. Growth %	-136.92	-1.26K	17.71	-59.22	-63.11
Accounts Receivable, 1 Yr. Growth %	-13.16	76.38	-22.81	-16.92	-8.81
Inventory, 1 Yr. Growth %	-13.13	80.41	25.71	-16.82	-1.34
Net Property, Plant and Equip., 1 Yr. Growth %	-7.3	2.2	3.54	1.49	-0.58
Total Assets, 1 Yr. Growth %	-1.31	11.99	6.86	-5.67	-4.03
Tangible Book Value, 1 Yr. Growth %	-4.51	-60.37	-184.68	67.84	-1.75
Common Equity, 1 Yr. Growth %	19.79	-338.26	166.79	15.32	-1.67
Cash From Operations, 1 Yr. Growth %	-25.28	6.89	26.33	12.2	-30.32
Capital Expenditures, 1 Yr. Growth %	-32.84	27.47	17.67	23.44	12.84
Levered Free Cash Flow, 1 Yr. Growth %	16.36	-101.54	-4.55K	26.07	-101.04
Unlevered Free Cash Flow, 1 Yr. Growth %	8.84	-74.11	173.61	17.19	-81.37
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-7.33	2.05	28.95	8.48	-7.28
Gross Profit, 2 Yr. CAGR %	-4.57	5.02	17.11	3.41	-1.31
EBITDA, 2 Yr. CAGR %	7.71	21.18	7.33	-15.39	-4.52
EBITA, 2 Yr. CAGR %	12.15	45.1	19.61	-23.35	-10.75
EBIT, 2 Yr. CAGR %	11.59	44.81	18.97	-23.61	-10.75
Earnings From Cont. Operations, 2 Yr. CAGR %	-70.09	102.33	325.65	-29.83	-56.36
Net Income, 2 Yr. CAGR %	-66.58	108.71	278.59	-30.26	-57.36
Normalized Net Income, 2 Yr. CAGR %	269.68	114.88	163.35	-34.47	2.4
Diluted EPS Before Extra, 2 Yr. CAGR %	-66.76	106.6	268.91	-30.72	-57.46
Accounts Receivable, 2 Yr. CAGR %	-15.73	23.76	16.68	-19.92	-12.4
Inventory, 2 Yr. CAGR %	-6.09	25.19	50.6	2.26	-8.5
Net Property, Plant and Equip., 2 Yr. CAGR %	6.96	-2.66	2.87	2.51	5.69
Total Assets, 2 Yr. CAGR %	2.88	5.13	9.39	0.4	-5.32
Tangible Book Value, 2 Yr. CAGR %	-1.72	-38.48	-42.07	19.22	62.7
Common Equity, 2 Yr. CAGR %	-2.91	68.94	152.12	75.4	-4.94
Cash From Operations, 2 Yr. CAGR %	124.96	-10.63	16.2	19.05	-9.19
Capital Expenditures, 2 Yr. CAGR %	-18.94	-7.48	22.47	20.52	19.54
Levered Free Cash Flow, 2 Yr. CAGR %	32.12	-86.65	-17.27	649.2	-87.41
Unlevered Free Cash Flow, 2 Yr. CAGR %	175.68	-47.03	-15.83	79.07	-49.32
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-2.31	2.66	11.19	14.02	4.82
Gross Profit, 3 Yr. CAGR %	-4.07	7.27	3.73	13.16	10.91
EBITDA, 3 Yr. CAGR %	-5.09	26.7	1.99	6.41	-9.93
EBITA, 3 Yr. CAGR %	-13.78	46.41	5.59	14.41	-18.95
EBIT, 3 Yr. CAGR %	-14.06	46.21	5.21	14.14	-18.95
Earnings From Cont. Operations, 3 Yr. CAGR %	-18.15	11.31	68.83	96.51	-39.52
Net Income, 3 Yr. CAGR %	-12.17	10.98	72.15	81.23	-40.52
Normalized Net Income, 3 Yr. CAGR %	-42.14	492.29	22.75	95.18	-24.21
Diluted EPS Before Extra, 3 Yr. CAGR %	-18.67	8.5	71.28	77.05	-40.59
Accounts Receivable, 3 Yr. CAGR %	3.21	7.8	5.74	4.19	-15.12
Inventory, 3 Yr. CAGR %	-3.27	16.74	25.36	23.56	2.8
Net Property, Plant and Equip., 3 Yr. CAGR %	7.91	5.35	-0.64	2.41	6.09
Total Assets, 3 Yr. CAGR %	3.62	5.83	5.7	4.12	-0.37
Tangible Book Value, 3 Yr. CAGR %	-9.42	-27.4	-31.57	-17.42	32.27
Common Equity, 3 Yr. CAGR %	-29.41	30.96	96.74	94.26	35.52
Cash From Operations, 3 Yr. CAGR %	27.8	75.54	0.3	14.85	-6.62
Capital Expenditures, 3 Yr. CAGR %	-12.96	-5.74	0.25	22.8	19.8
Levered Free Cash Flow, 3 Yr. CAGR %	147.76	-70.32	-7.41	-4.79	-5.65
Unlevered Free Cash Flow, 3 Yr. CAGR %	38.46	25.03	-8.43	-6.01	-7.93
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.07	5.34	9.17	4.95	3.7
Gross Profit, 5 Yr. CAGR %	1.72	4.42	3.9	5.7	8.52
EBITDA, 5 Yr. CAGR %	11.1	12.6	1.6	8.97	2.52
EBITA, 5 Yr. CAGR %	13.97	15.29	-2.21	12.93	2.23
EBIT, 5 Yr. CAGR %	13.74	15.2	-2.42	12.77	2.23
Earnings From Cont. Operations, 5 Yr. CAGR %	-50.15	130.81	58.28	-7.45	-1.97
Net Income, 5 Yr. CAGR %	-48.03	129.92	57.56	-7.84	-1.72
Normalized Net Income, 5 Yr. CAGR %	-25.5	41.9	3.36	145.52	14.99
Diluted EPS Before Extra, 5 Yr. CAGR %	-50.84	112.91	48.91	-9.32	-2.19
Accounts Receivable, 5 Yr. CAGR %	4.9	20.21	8.4	-4.29	-1.3
Inventory, 5 Yr. CAGR %	1.43	12.18	15.47	10.72	11.23
Net Property, Plant and Equip., 5 Yr. CAGR %	8.72	5.69	5.86	4.2	2.5
Total Assets, 5 Yr. CAGR %	2.62	4.07	5.89	3.62	1.79
Tangible Book Value, 5 Yr. CAGR %	-11.17	-26.76	-24.25	-11.46	-2.62
Common Equity, 5 Yr. CAGR %	-26.9	-13.9	17.46	47.2	48.01
Cash From Operations, 5 Yr. CAGR %	-1.92	32.32	23.03	50.29	-8.24
Capital Expenditures, 5 Yr. CAGR %	-12.26	-8.16	-0.22	4	8.04
Levered Free Cash Flow, 5 Yr. CAGR %	9.65	-61.16	58.93	7.97	-56.84
Unlevered Free Cash Flow, 5 Yr. CAGR %	52.34	-20.76	13.31	44.35	-26.2