KALU · Kaiser Aluminum Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.37B | $3.02B | $3.09B | $3.43B | $2.62B | $1.17B |
| Cost of Revenue | $2.93B | $2.69B | $2.75B | $3.18B | $2.35B | $941.30M |
| Gross Profit | $442.40M | $332.90M | $332.10M | $247.70M | $273.90M | $231.40M |
| R&D | $10.70M | $12.00M | $11.10M | $9.30M | $9.30M | $9.10M |
| SG&A | - | - | - | - | - | - |
| Total Operating Expenses | $3.18B | $2.94B | $2.99B | $3.42B | $2.56B | $1.09B |
| D&A | $122.50M | $116.40M | $108.60M | $106.90M | $91.50M | $52.20M |
| Operating Income | $188.80M | $87.70M | $95.80M | $4.00M | $64.40M | $81.10M |
| Interest Expense | $50.10M | $43.70M | $46.90M | $48.30M | $49.50M | $40.90M |
| Income Tax | $37.50M | $16.70M | $9.10M | ($8.30M) | ($5.50M) | $10.00M |
| Net Income | $112.50M | $46.80M | $47.20M | ($29.60M) | ($18.50M) | $28.80M |
| EPS - Basic | $6.96 | $2.91 | $2.95 | ($1.86) | ($1.17) | $1.82 |
| EPS - Diluted | $6.77 | $2.87 | $2.92 | ($1.86) | ($1.17) | $1.81 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.00M | $18.40M | $82.40M | $57.40M | $303.20M | $780.30M |
| Accounts Receivable | $395.20M | $319.70M | $325.20M | $297.20M | $332.70M | $112.80M |
| Inventory | $725.20M | $503.90M | $477.20M | $525.40M | $404.60M | $152.00M |
| Accounts Payable | $274.60M | $266.90M | $252.70M | $305.10M | $351.40M | $86.10M |
| Current Assets | $1.26B | $976.40M | $990.20M | $1.04B | $1.21B | $1.12B |
| Total Assets | $2.56B | $2.31B | $2.27B | $2.29B | $2.42B | $1.86B |
| Current Liabilities | $427.20M | $400.60M | $370.00M | $418.70M | $456.70M | $158.30M |
| Long-term Debt | $1.06B | $1.04B | $1.04B | $1.04B | $1.04B | $838.10M |
| Total Liabilities | $1.74B | $1.65B | $1.62B | $1.66B | $1.73B | $1.13B |
| Stockholders' Equity | $826.10M | $668.00M | $652.20M | $631.20M | $692.50M | $732.40M |
| Retained Earnings | $142.50M | $6.20M | $10.10M | $13.30M | $93.00M | $158.20M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $111.40M | $167.10M | $211.90M | ($63.10M) | $79.40M | $206.90M |
| Investing Cash Flow | ($77.80M) | ($174.60M) | ($128.20M) | ($125.80M) | ($665.80M) | $26.90M |
| Financing Cash Flow | ($44.60M) | ($55.30M) | ($54.30M) | ($56.80M) | $109.10M | $281.90M |
| CapEx | $136.90M | $180.80M | $143.20M | $142.50M | $58.00M | $51.90M |
| Free Cash Flow | ($25.50M) | ($13.70M) | $68.70M | ($205.60M) | $21.40M | $155.00M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 13.1% | 11.0% | 10.8% | 7.2% | 10.4% | 19.7% |
| Operating margin | 5.6% | 2.9% | 3.1% | 0.1% | 2.5% | 6.9% |
| EBITDA margin | 9.2% | 6.7% | 6.6% | 3.2% | 5.9% | 11.4% |
| Net margin | 3.3% | 1.5% | 1.5% | -0.9% | -0.7% | 2.5% |
| Free cash flow margin | -0.8% | -0.5% | 2.2% | -6.0% | 0.8% | 13.2% |
| FCF / Net income | -0.23 | -0.29 | 1.46 | 6.95 | -1.16 | 5.38 |
| R&D / Revenue | 0.3% | 0.4% | 0.4% | 0.3% | 0.4% | 0.8% |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 25.0% | 26.3% | 16.2% | - | - | 25.8% |
| Return on assets | 4.4% | 2.0% | 2.1% | -1.3% | -0.8% | 1.5% |
| Return on equity | 13.6% | 7.0% | 7.2% | -4.7% | -2.7% | 3.9% |
| Return on invested capital | 7.5% | 3.8% | 4.7% | 0.2% | 2.9% | 3.8% |
| Liquidity | ||||||
| Current ratio | 2.95 | 2.44 | 2.68 | 2.49 | 2.64 | 7.08 |
| Quick ratio | 1.26 | 1.18 | 1.39 | 1.24 | 1.75 | 6.12 |
| Cash ratio | 0.02 | 0.05 | 0.22 | 0.14 | 0.66 | 4.93 |
| Leverage | ||||||
| Debt / Equity | 1.28 | 1.56 | 1.59 | 1.64 | 1.50 | 1.14 |
| Debt / Assets | 0.41 | 0.45 | 0.46 | 0.45 | 0.43 | 0.45 |
| Debt / EBITDA | 3.40 | 5.10 | 5.09 | 9.36 | 6.65 | 6.29 |
| Interest coverage | 3.8x | 2.0x | 2.0x | 0.1x | 1.3x | 2.0x |
| Equity multiplier | 3.10 | 3.47 | 3.48 | 3.63 | 3.50 | 2.55 |
| Liabilities / Assets | 0.68 | 0.71 | 0.71 | 0.72 | 0.71 | 0.61 |
| Efficiency | ||||||
| Asset turnover | 1.32 | 1.31 | 1.36 | 1.50 | 1.08 | 0.63 |
| Inventory turnover | 4.04 | 5.34 | 5.77 | 6.05 | 5.80 | 6.19 |
| Days sales outstanding | 43d | 39d | 38d | 32d | 46d | 35d |
| Days inventory outstanding | 90d | 68d | 63d | 60d | 63d | 59d |
| Days payable outstanding | 34d | 36d | 33d | 35d | 55d | 33d |
| Cash conversion cycle | 99d | 71d | 68d | 57d | 55d | 61d |
| Valuation | ||||||
| P / E | 17.0x | 24.5x | 24.4x | - | - | 54.6x |
| P / B | 2.3x | 1.7x | 1.8x | 1.9x | 2.1x | 2.1x |
| P / S | 0.6x | 0.4x | 0.4x | 0.4x | 0.6x | 1.3x |
| EV / EBITDA | 9.5x | 10.6x | 10.3x | 19.7x | 14.2x | 12.2x |
| Growth | ||||||
| Revenue growth (YoY) | 11.5% | -2.0% | -9.9% | 30.7% | 123.6% | -16.1% |
| Revenue CAGR (3y) | -0.5% | 4.9% | 38.1% | 34.9% | 25.4% | - |
| Revenue CAGR (5y) | 23.5% | 16.7% | 18.3% | - | - | - |
| Gross profit growth (YoY) | 32.9% | 0.2% | 34.1% | -9.6% | 18.4% | - |
| Operating income growth (YoY) | 115.3% | -8.5% | 2295.0% | -93.8% | -20.6% | -35.5% |
| Net income growth (YoY) | 140.4% | -0.8% | - | -60.0% | - | -53.5% |
| EPS growth (YoY) | 135.9% | -1.7% | - | -59.0% | - | -52.7% |
| EPS CAGR (3y) | - | - | 17.3% | - | - | -11.7% |
| EPS CAGR (5y) | 30.2% | -5.6% | -11.7% | - | - | - |
| FCF growth (YoY) | -86.1% | - | - | - | -86.2% | -9.9% |
| FCF CAGR (5y) | - | - | -2.0% | - | -24.7% | 10.1% |
| Book value growth (YoY) | 23.7% | 2.4% | 3.3% | -8.9% | -5.4% | -0.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$3.37B totalPackaging$1.49B · 44.2%
Aero Hs Products$837.80M · 24.8%
Ge Products$759.20M · 22.5%
Automotive Extrusions$286.40M · 8.5%
Geographic
$3.37B totalUS$3.25B · 96.4%
Non Us$120.90M · 3.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.02
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✗Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Rolling Drawing & Extruding of Nonferrous Metals
Comparing KAISER ALUMINUM CORP against the 5 most active filers in the same SIC group.
Dividends
$3.08/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 24, 2026 | $0.7700 |
| Jan 23, 2026 | $0.7700 |
| Oct 24, 2025 | $0.7700 |
| Jul 25, 2025 | $0.7700 |
| Apr 25, 2025 | $0.7700 |
| Jan 24, 2025 | $0.7700 |
| Oct 25, 2024 | $0.7700 |
| Jul 25, 2024 | $0.7700 |
| Apr 24, 2024 | $0.7700 |
| Jan 24, 2024 | $0.7700 |
| Oct 24, 2023 | $0.7700 |
| Jul 24, 2023 | $0.7700 |
| Apr 24, 2023 | $0.7700 |
| Jan 24, 2023 | $0.7700 |
| Oct 24, 2022 | $0.7700 |
| Jul 22, 2022 | $0.7700 |
| Apr 22, 2022 | $0.7700 |
| Jan 21, 2022 | $0.7700 |
| Oct 22, 2021 | $0.7200 |
| Jul 22, 2021 | $0.7200 |
| Apr 22, 2021 | $0.7200 |
| Jan 22, 2021 | $0.7200 |
| Oct 22, 2020 | $0.6700 |
| Jul 23, 2020 | $0.6700 |