Constellium (NYSE:CSTM) Posts Earnings Results, Beats Estimates By $0.44 EPS

Constellium (NYSE:CSTM) posted its earnings results on Wednesday. The industrial products company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.44, Zacks reports. Constellium had a net margin of 3.23% and a return on equity of 33.74%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter last year, the firm earned ($0.34) EPS. The firm’s revenue for the quarter was up 27.9% on a year-over-year basis.

Here are the key takeaways from Constellium’s conference call:

• Constellium reported strong 2025 results with $178 million of free cash flow, reduced leverage to 2.5x, and is guiding 2026 adjusted EBITDA (ex metal price lag) of $780–$820 million and free cash flow in excess of $200 million, while reiterating 2028 targets of $900 million EBITDA and $300 million FCF.
• PARP set a quarterly record with Q4 adjusted EBITDA of $136 million (up 143% YoY), driven by 15% higher packaging shipments, Muscle Shoals operational recovery, and roughly a $40 million cost tailwind from favorable metal/scrap dynamics.
• Management said U.S. tariffs, a weaker dollar and improved spot scrap spreads materially improved metal economics in Q4 2025 and expect these metal-cost tailwinds to benefit at least the first half of 2026, though they warned recycling economics remain complex and volatile.
• The company raised its A&T adjusted EBITDA per ton target to $1,300 (from $1,100), citing higher TID shipments, stable aerospace demand and capacity investments such as a third Airware cast house.
• Holdings and corporate expenses increased to $44 million in 2025 (up $11 million) and are expected to be about $50 million in 2026, while inflationary pressures on labor, energy and maintenance persist.

Constellium Price Performance

Constellium stock opened at $25.39 on Friday. The stock has a market cap of $3.50 billion, a P/E ratio of 13.07 and a beta of 1.51. The company has a fifty day simple moving average of $21.60 and a 200-day simple moving average of $17.52. Constellium has a 12-month low of $7.32 and a 12-month high of $27.25. The company has a current ratio of 1.28, a quick ratio of 0.54 and a debt-to-equity ratio of 2.29.

Wall Street Analysts Forecast Growth

CSTM has been the topic of several research reports. Deutsche Bank Aktiengesellschaft increased their target price on Constellium from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Constellium in a research note on Monday, December 29th. JPMorgan Chase & Co. upped their target price on shares of Constellium from $26.00 to $29.00 and gave the stock an “overweight” rating in a research note on Thursday. BMO Capital Markets raised their price target on shares of Constellium from $25.00 to $30.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Wells Fargo & Company upped their price objective on Constellium from $25.00 to $29.00 and gave the stock an “overweight” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.00.

Institutional Trading of Constellium

Hedge funds and other institutional investors have recently bought and sold shares of the business. Millennium Management LLC boosted its position in shares of Constellium by 35.4% during the 3rd quarter. Millennium Management LLC now owns 6,935,766 shares of the industrial products company’s stock worth $103,204,000 after acquiring an additional 1,813,400 shares in the last quarter. Morgan Stanley boosted its holdings in Constellium by 48.4% in the fourth quarter. Morgan Stanley now owns 3,728,118 shares of the industrial products company’s stock valued at $70,275,000 after purchasing an additional 1,216,516 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Constellium by 39.7% in the third quarter. Vanguard Group Inc. now owns 3,299,064 shares of the industrial products company’s stock valued at $49,090,000 after purchasing an additional 938,155 shares in the last quarter. State Street Corp increased its stake in Constellium by 3.6% in the fourth quarter. State Street Corp now owns 2,660,518 shares of the industrial products company’s stock valued at $50,151,000 after purchasing an additional 92,955 shares during the last quarter. Finally, Brightline Capital Management LLC raised its holdings in Constellium by 13.4% during the fourth quarter. Brightline Capital Management LLC now owns 1,842,000 shares of the industrial products company’s stock worth $34,722,000 after purchasing an additional 217,000 shares in the last quarter. 92.59% of the stock is currently owned by institutional investors and hedge funds.

Constellium Company Profile

Constellium SE is a global leader in the design and manufacture of high-performance aluminum products and solutions. The company serves key markets including aerospace, automotive, and packaging, offering advanced rolled and extruded aluminum sheet, plate and structural components. Its product portfolio encompasses precision-engineered parts for commercial and military aircraft, automotive body structures and closures, beverage and specialty packaging, as well as industrial and structural applications.

Established in 2011 through the consolidation of Rio Tinto Alcan’s rolled-products and engineered-products businesses, Constellium has built a reputation for innovation in lightweighting and sustainability.