CENTURY ALUMINUM CO CENX

Basic materials SIC 3334 - Primary Production of Aluminum Nasdaq

Century Aluminum Company is a global producer of primary aluminum and operates aluminum reduction facilities, or "smelters," in the United States and Iceland. Aluminum is an internationally traded commodity, and its price is effectively determined on the London Metal Exchange (the "LME"), plus applicable regional and value-added product premiums. Our smelters produce standard-grade and value-added primary aluminum products. Our current annual production capacity was approximately 770,000 tonnes per year ("tpy") as of December 31, 2025. We produced approximately 638,000 tonnes of primary aluminum in 2025.

In addition to our primary aluminum assets, we have a 55% joint venture interest in the Jamalco bauxite mining operation and alumina refinery in Jamaica ("Jamalco"). The remaining 45% interest in Jamalco is indirectly owned by the Government of Jamaica. Century's share of Jamalco's production capacity is approximately 770,000 tpy. We also own a carbon anode production facility located in the Netherlands ("Vlissingen"). Carbon anodes are consumed in the production of primary aluminum. Vlissingen supplies carbon anodes to our aluminum smelter in Grundartangi, Iceland. Each of our aluminum smelters in the United States produces anodes at on-site facilities.

Last close 46.77 2026-09-04
Market cap $4.63B 2026-06-30 share count
52-week range 21.48 - 70.43

Valuation FY2025 figures against the last close

P/S1.8x
P/E111.4x
P/FCF54.6x
EV/EBITDA18.5x
Dividend yield
Diluted EPS0.42

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.53B$2.22B$2.19B$2.78B$2.21B$1.61B$1.84B$1.89B$1.59B$1.32B
Cost of revenue $2.27B$2.05B$2.10B$2.73B$2.09B$1.64B$1.86B$1.92B$1.46B$1.33B
Gross profit $256.4M$172.0M$87.6M$46.7M$124.2M-$36.5M-$23.9M-$22.9M$131.3M-$6.1M
SG&A $79.9M$56.8M$44.3M$37.5M$57.6M$43.5M$47.4M$40.2M$44.8M$38.9M
Operating income $158.1M$108.4M$27.5M-$150.2M$66.0M-$80.5M-$72.1M-$59.0M$97.2M-$227.9M
Interest expense $23.0M$22.4M$22.2M$22.2M
Pre-tax income $2.7M$309.8M-$71.1M$33.4M-$197.6M-$126.3M-$85.5M-$70.6M$55.4M-$250.9M
Income tax $13.1M$3.2M$14.6M$47.4M$30.6M$3.1M$8.4M$200.0K$7.6M$2.8M
Net income $40.0M$319.0M-$43.0M-$14.0M-$167.0M-$123.3M-$80.8M-$66.2M$48.6M-$252.4M
EPS, basic 0.423.44-0.47-0.15-1.85-1.38-0.91-0.760.51-2.90
EPS, diluted 0.423.27-0.47-0.15-1.85-1.38-0.91-0.760.51-2.90
Shares, diluted (wtd. avg.) $95.3M$98.4M$92.4M$91.4M$90.2M$89.5M$88.8M$87.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $134.2M$32.9M$88.8M$55.5M$40.7M$84.3M$39.7M$39.7M$168.0M$133.5M
Receivables $109.9M$75.8M$53.7M$66.9M$80.6M$51.0M$70.1M$82.5M$43.1M$12.4M
Inventory $519.6M$539.0M$477.0M$398.8M$425.6M$291.1M$320.6M$343.8M$317.5M$233.6M
Total current assets $807.4M$729.3M$767.1M$677.8M$618.2M$456.0M$487.3M$506.7M$553.7M$440.6M
Property, plant and equipment $1.15B$1.13B$1.18B$744.4M$892.5M$880.4M$949.2M$967.3M$971.9M$1.03B
Total assets $2.14B$1.96B$2.03B$1.47B$1.57B$1.40B$1.50B$1.54B$1.58B$1.54B
Total current liabilities $447.5M$467.3M$763.6M$410.7M$547.4M$240.3M$233.7M$224.3M$190.5M$179.2M
Long-term debt $430.9M$381.6M
Retained earnings -$1.63B-$1.67B-$2.00B-$1.96B-$1.95B-$1.78B-$1.66B-$1.58B-$1.51B-$1.56B
Total equity $805.6M$694.4M$355.6M$399.3M$421.0M$546.1M$675.0M$762.2M$829.6M$756.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $185.0M-$24.6M$105.6M$25.9M-$64.7M$42.9M$17.7M-$69.1M$51.5M$38.2M
Depreciation and amortisation $91.8M$86.7M$79.0M$73.4M$82.6M$83.0M$83.2M$90.1M$84.2M$84.8M
Stock-based compensation $47.0M$15.4M$6.6M$1.9M$1.5M
Capital expenditure $100.2M$82.3M$95.0M$86.3M$83.0M$13.4M$59.6M$83.0M$31.8M$21.9M
Investing cash flow -$100.2M-$80.0M-$57.8M-$85.5M-$82.6M-$11.8M-$38.8M-$82.9M-$17.4M-$20.9M
Financing cash flow $15.1M$50.0M-$13.0M$74.4M$103.7M$13.5M$21.1M$23.7M$400.0K$0
Buybacks $86.3M$86.3M$86.3M$86.3M$86.3M$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001552781-26-000269.

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