Constellium Reports Strong Third Quarter 2026 Results; Raises Full Year 2026 Guidance
Constellium delivered record third-quarter results with revenue of $2.6 billion, up 22% year-over-year, and net income of $119 million versus $88 million a year ago. Q3 Adjusted EBITDA reached a third-quarter record of $276 million, up 17%, with Free Cash Flow of $128 million and $30 million returned via buybacks; leverage sits at 1.6x near the low end of the 1.5x-2.5x target range. Management raised full-year 2026 guidance to Adjusted EBITDA of $1.03B-$1.06B (ex-metal price lag) with Free Cash Flow in excess of $300 million, citing an improved aerospace/TID environment and North American automotive rolled-product supply shortages. The Pan-U.S.
Key figures
- Eps
- 0.87
- Revenue
- 2639000000
- Guidance
- 2026 Adjusted EBITDA $1.03B-$1.06B (ex-metal price lag), raised; Free Cash Flow in excess of $300 million
- Revenue Yoy
- 22%
- Fcf
- 128000000
- Ytd fcf
- 223000000
- Leverage
- 1.6x
- Net debt
- 1658000000
- Liquidity
- 992000000
- Buyback q3
- 30000000
- Net income
- 119000000
- Ytd revenue
- 7848000000
- Shipments kt
- 368
- Shipments yoy
- -1%
- Net income yoy
- 35%
- Ytd net income
- 463000000
- Adjusted ebitda
- 276000000
- Notes redemption
- 100000000
- Adjusted ebitda yoy
- 17%
- Ytd adjusted ebitda
- 1074000000
- Cash from operations
- 186000000
AI analysis
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