KALU Financials Kaiser Aluminum Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 25, 2026, 10:25 UTC Overview →

Growth & profitability

Revenue has grown 23.5% per year over the past 5 years.
Net income has grown faster than revenue (31.4% vs 23.5% per year).
Operating margin has contracted, at 5.6% in the latest year.

Financial health

Total debt ($1.1B) exceeds cash ($7M); net debt is $1.1B.
Total debt has grown slower than revenue (4.8% vs 23.5% per year).
Operating income covered interest expense 3.8× in the latest year.
Total debt is 3.4× EBITDA.

Shareholder returns

Dividends have been paid for 8 consecutive years, consuming 45.4% of earnings.
The dividend has grown 3.4% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.4B	$113M	13.1%	5.6%	13.7%	4.4%	-$26M	$1.1B	$7M
2024	$3.0B	$47M	11.8%	3.7%	6.3%	2.0%	-$14M	$1.0B	$18M
2023	$3.1B	$47M	11.6%	4.0%	6.6%	2.1%	$69M	$1.0B	$82M
2022	$3.4B	-$30M	7.2%	0.1%	-4.8%	-1.3%	-$206M	$1.0B	$57M
2021	$2.6B	-$19M	10.4%	2.5%	-2.7%	-0.8%	$21M	$1.0B	$303M
2020	$1.2B	$29M	19.7%	6.9%	3.9%	1.5%	$155M	$838M	$780M
2019	$1.5B	$62M	19.7%	8.3%	8.4%	4.1%	$172M	$493M	$264M
2018	$1.6B	$92M	18.0%	9.1%	12.4%	6.5%	$76M	$370M	$126M
2017	$1.4B	$45M	22.3%	11.1%	6.1%	3.3%	$66M	$370M	$51M
2016	—	$92M	—	—	11.4%	6.4%	$90M	$369M	$55M
2015	—	-$237M	—	—	-30.6%	-19.0%	$97M	$195M	$73M
2014	—	$72M	—	—	7.1%	4.1%	$65M	$398M	$178M
2013	—	$105M	—	—	9.7%	5.9%	$41M	$389M	$170M
2012	—	$86M	—	—	8.0%	4.9%	$108M	$380M	$273M
2011	—	$25M	—	—	2.9%	1.9%	$30M	$5M	$50M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$1.2B	$31M	9.5%	4.5%	3.2%	1.1%	$72M	$1.0B	$117M
Jun '26	$1.3B	$97M	15.8%	10.6%	10.3%	3.3%	$35M	$1.0B	$59M
Mar '26	$1.1B	$63M	14.8%	8.8%	7.1%	2.2%	$69M	$1.0B	$30M
Dec '25	$929M	$28M	13.3%	6.5%	3.4%	1.1%	-$51M	$1.1B	$7M
Sep '25	$844M	$40M	13.6%	5.8%	4.9%	1.5%	$35M	$1.0B	$17M
Jun '25	$823M	$23M	12.2%	4.6%	3.0%	0.9%	-$28M	$1.1B	$13M
Mar '25	$777M	$22M	13.4%	5.3%	2.9%	0.9%	$19M	$1.0B	$21M
Dec '24	$765M	$20M	12.5%	5.0%	2.7%	0.8%	-$13M	$1.0B	$18M
Sep '24	$748M	$9M	9.6%	1.8%	1.2%	0.4%	-$17M	$1.0B	$46M
Jun '24	$773M	$19M	13.4%	4.7%	2.6%	0.8%	-$17M	$1.0B	$70M
Mar '24	$738M	$18M	11.7%	3.3%	2.5%	0.8%	$33M	$1.0B	$102M
Dec '23	$722M	$8M	11.3%	3.0%	1.1%	0.3%	$51M	$1.0B	$82M
Sep '23	$744M	$5M	10.5%	2.6%	0.8%	0.2%	$52M	$1.0B	$45M
Jun '23	$814M	$18M	11.8%	4.4%	2.9%	0.8%	$27M	$1.1B	$20M
Mar '23	$808M	$16M	9.5%	2.4%	2.5%	0.7%	-$61M	$1.1B	$32M
Dec '22	$776M	-$26M	7.1%	-2.9%	-4.2%	-1.2%	-$65M	$1.0B	$57M
Sep '22	$749M	$3M	7.2%	0.4%	0.4%	0.1%	-$103M	$1.0B	$129M
Jun '22	$954M	-$14M	5.8%	-0.2%	-2.1%	-0.6%	-$12M	$1.0B	$235M
Mar '22	$949M	$8M	8.7%	2.7%	1.1%	0.3%	-$27M	$1.0B	$261M
Dec '21	$806M	$2M	8.9%	2.1%	0.2%	0.1%	$18M	$1.0B	$303M

Valuation over time

How the market has priced KALU against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 22.6× (Jan '24) to 16.8× (Nov '26).
The price-to-sales ratio has risen from 0.4× (Mar '23) to 0.6× (Nov '26).
The dividend yield has fallen from 4.1% (Mar '23) to 2.7% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is KALU growing its revenue and profit?

Over the past 5 years, Kaiser Aluminum Corp's revenue has grown 23.5% per year, and net income grown 31.4% per year. These are computed facts, not advice.

How much debt does KALU have?

As of FY2025, Kaiser Aluminum Corp reported $1.1B of total debt against $7M of cash; operating income covered interest expense 3.8×.

What is KALU's profit margin?

In FY2025, gross margin was 13.1%, operating margin 5.6%, and net margin 3.4%.

What is KALU's P/E ratio?

Kaiser Aluminum Corp's P/E (TTM) is 8.69 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the KALU stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 16.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.