KAISER ALUMINUM CORP KALU

Basic materials SIC 3350 - Rolling Drawing & Extruding of Nonferrous Metals NAICS Manufacturing › Primary Metal Manufacturing derived Nasdaq

Kaiser Aluminum Corporation, a Delaware corporation, manufactures and sells semi-fabricated specialty aluminum mill products that include flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube, and wire), and certain cast aluminum products. We strategically focus our business on select end markets with demanding applications and high barriers to entry, where we believe we have sustainable competitive advantages that allow us to earn premium pricing and generate long-term profitable growth. The end market applications on which we have historically focused include: (i) Aero/HS Products; (ii) Packaging; (iii) GE Products; and (iv) Automotive Extrusions. These technically challenging applications leverage our core metallurgical and process technology capabilities to produce highly engineered mill products with differentiated characteristics that are required for the particular end uses.

Last close 107.28 2026-10-23
Market cap $1.75B 2026-06-30 share count
52-week range 87.89 - 199.89

Valuation FY2025 figures against the last close

P/S0.5x
P/E15.8x
P/FCF—
EV/EBITDA9.0x
Dividend yield2.9%
Diluted EPS6.77

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.37B$3.02B$3.09B$3.43B$2.62B$1.17B$1.51B$1.59B$1.40B$1.33B
Cost of revenue $2.93B$2.67B$2.73B$3.18B$2.35B$941.3M$1.22B$1.30B$1.09B$1.00B
Gross profit $442.4M$357.4M$358.8M$247.7M$273.9M$231.4M$298.9M$285.2M$311.6M$329.8M
R&D $10.7M$12.0M$11.1M$9.3M$9.3M$9.1M$10.5M$9.8M$10.0M$10.2M
Total operating expenses $3.18B$2.91B$2.96B$3.42B$2.56B$1.09B$1.39B$1.44B$1.24B$1.15B
Operating income $188.8M$112.2M$122.5M$4.0M$64.4M$81.1M$125.7M$143.6M$155.2M$181.1M
Interest expense $50.1M$43.7M$46.9M$48.3M$49.5M$40.9M$24.6M$22.7M$22.2M$20.3M
Pre-tax income $150.0M$88.0M$83.0M-$37.9M-$24.0M$38.8M$80.4M$120.0M$133.0M$147.2M
Income tax $37.5M$22.3M$15.2M$8.3M$5.5M$10.0M$18.4M$28.3M$87.6M$55.5M
Net income $113.0M$47.0M$47.0M-$30.0M-$19.0M$28.8M$62.0M$91.7M$45.4M$91.7M
EPS, basic 6.964.084.25-1.86-1.171.823.885.532.675.15
EPS, diluted 6.774.024.21-1.86-1.171.813.835.432.635.09
Shares, diluted (wtd. avg.) 16.6M16.3M16.1M15.9M15.8M15.9M16.2M16.9M17.3M18.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $7.0M$18.4M$82.4M$71.3M$317.0M$794.3M$278.6M$139.6M$64.3M$67.7M
Short-term investments ——————$78.7M$36.7M——
Receivables $395.2M$319.7M$325.2M$297.2M$332.7M$112.8M$167.1M$179.8M$165.0M$137.7M
Inventory $725.2M$601.9M$550.7M$525.4M$404.6M$152.0M$177.6M$215.1M$207.9M$201.6M
Total current assets $1.26B$1.07B$990.2M$1.04B$1.21B$1.12B$779.8M$656.6M$656.6M$655.9M
Property, plant and equipment $1.15B$1.16B$1.05B$1.01B$955.2M$627.2M$622.0M$611.8M$571.4M$530.9M
Goodwill $18.8M$18.8M$18.8M$18.8M$39.3M$18.8M$18.8M$44.0M$18.8M$37.2M
Other intangibles $41.0M$45.5M$50.0M$55.3M$67.7M$26.7M$29.6M$32.4M$25.0M$26.4M
Total assets $2.56B$2.41B$2.27B$2.29B$2.42B$1.86B$1.53B$1.42B$1.39B$1.44B
Accounts payable $274.6M$266.9M$252.7M$305.1M$351.4M$86.1M$92.0M$121.4M$90.0M$75.8M
Total current liabilities $427.2M$400.5M$370.0M$418.7M$456.7M$158.3M$170.4M$205.5M$173.1M$165.0M
Long-term debt $1.06B$1.04B$1.04B$1.04B$1.04B$838.1M$492.6M$370.4M$369.6M$368.7M
Total liabilities $1.74B$1.67B$1.62B$1.66B$1.73B$1.13B$792.3M$678.9M$638.9M$638.8M
Retained earnings $142.5M$81.3M$66.3M$13.3M$93.0M$158.2M$172.8M$150.2M$85.5M$75.2M
Total equity $826.1M$743.1M$708.4M$631.2M$692.5M$732.4M$733.9M$740.4M$746.3M$804.7M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $111.4M$167.1M$211.9M-$63.1M$79.4M$206.9M$232.3M$150.2M$141.5M$165.6M
Depreciation and amortisation $122.5M$116.4M$108.6M$106.9M$91.5M$52.2M$49.1M$43.9M$39.7M$36.0M
Stock-based compensation $18.5M$14.4M$16.1M$14.3M$12.9M$10.0M$9.8M$10.3M$13.3M$11.8M
Capital expenditure $136.9M$180.8M$143.2M$142.5M$58.0M$51.9M$60.2M$74.1M$75.5M$76.1M
Investing cash flow -$77.8M-$174.6M-$128.2M-$125.8M-$665.8M$26.9M-$101.8M$31.1M-$25.5M-$276.4M
Financing cash flow -$44.6M-$55.3M-$54.3M-$56.8M$109.1M$281.9M$8.5M-$106.0M-$119.4M$94.8M
Dividends paid $51.3M$50.7M$50.4M$50.1M$46.7M$43.4M$39.4M$37.7M$35.0M$32.4M
Buybacks —————$12.5M$44.2M$60.7M$79.5M$33.3M

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 0001193125-26-187425.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B 4B Revenue, FY2016: 1.3B Gross profit, FY2016: 329.8M Net income, FY2016: 91.7M Revenue, FY2017: 1.4B Gross profit, FY2017: 311.6M Net income, FY2017: 45.4M Revenue, FY2018: 1.6B Gross profit, FY2018: 285.2M Net income, FY2018: 91.7M Revenue, FY2019: 1.5B Gross profit, FY2019: 298.9M Net income, FY2019: 62M Revenue, FY2020: 1.2B Gross profit, FY2020: 231.4M Net income, FY2020: 28.8M Revenue, FY2021: 2.6B Gross profit, FY2021: 273.9M Net income, FY2021: -19M Revenue, FY2022: 3.4B Gross profit, FY2022: 247.7M Net income, FY2022: -30M Revenue, FY2023: 3.1B Gross profit, FY2023: 358.8M Net income, FY2023: 47M Revenue, FY2024: 3B Gross profit, FY2024: 357.4M Net income, FY2024: 47M Revenue, FY2025: 3.4B Gross profit, FY2025: 442.4M Net income, FY2025: 113M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.33B $1.40B $1.59B $1.51B $1.17B $2.62B $3.43B $3.09B $3.02B $3.37B
Gross profit $329.8M $311.6M $285.2M $298.9M $231.4M $273.9M $247.7M $358.8M $357.4M $442.4M
Net income $91.7M $45.4M $91.7M $62.0M $28.8M -$19.0M -$30.0M $47.0M $47.0M $113.0M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event Item 8.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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