Kaiser Aluminum Corporation (KALU)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 332,900 | 332,100 | 140,800 | 182,400 | 179,200 |
| Revenue | US$ in thousands | 3,024,000 | 3,087,000 | 3,427,900 | 2,622,000 | 1,172,700 |
| Gross profit margin | 11.01% | 10.76% | 4.11% | 6.96% | 15.28% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $332,900K ÷ $3,024,000K
= 11.01%
Based on the provided data, Kaiser Aluminum Corporation's gross profit margin has experienced fluctuations over the past five years. In December 2020, the gross profit margin stood at 15.28%, indicating that the company retained 15.28% of its revenue after accounting for the cost of goods sold. However, there was a significant decrease in the margin to 6.96% by December 2021, suggesting a lower ability to generate profits from sales.
In the following years, the trend continued with a further decline to 4.11% by December 2022, indicating potential challenges in managing production costs relative to revenue. The situation improved in December 2023, with the gross profit margin increasing to 10.76%, signifying a better control over costs.
By December 2024, the gross profit margin further increased to 11.01%, demonstrating a positive trend in the company's ability to generate profits from its core operations. It is important for Kaiser Aluminum Corporation to continue monitoring and improving its gross profit margin to ensure sustainable profitability and operational efficiency in the future.
Peer comparison
Dec 31, 2024