Constellium (NYSE:CSTM) posted fourth-quarter 2025 revenue of $2.2 billion on shipments of 365,000 metric tons, with net income attributable to the company reaching $113 million.
Adjusted EBITDA rose to $280 million, reflecting strong operational performance across its Aerospace & Transportation, Packaging & Automotive rolled products, and Automotive Structures & Industry extruded products segments.
For the full year 2025, revenue totaled $8.45 billion on shipments of 1.495 million metric tons.
Net income climbed to $275 million, while Adjusted EBITDA reached a record $846 million, supported by higher volumes in key end markets—particularly aerospace recovery and packaging demand—along with pricing discipline, productivity gains, and effective hedging of metal price exposure.
Free cash flow for the year was $178 million, benefiting from improved working capital efficiency and controlled capital expenditures.
The company also executed an active share repurchase program in 2025, buying back 8.9 million shares and demonstrating confidence in its intrinsic value and cash generation capabilities.
Constellium ended the year with a net leverage ratio of 2.5 times adjusted EBITDA, maintaining a solid balance sheet position with ample liquidity to support growth investments and shareholder returns.
For 2026, Constellium issued guidance projecting adjusted EBITDA (excluding metal price lag effects) in the range of $780 million to $820 million, implying a modest decline at the midpoint from 2025 levels due to anticipated normalization in certain input costs and market dynamics.
Free cash flow is expected to exceed $200 million, reflecting continued focus on operational excellence, disciplined capital allocation, and working capital optimization.