Kaiser Aluminum Corporation (KALU)
Gross profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 273,600 | 225,600 | 210,700 | 172,700 | 162,800 | 203,600 | 213,100 | 188,400 | 169,500 | 131,200 | 117,700 | 137,800 | 171,400 | 237,600 | 267,600 | 300,400 | 298,900 | 300,300 | 293,800 | 294,000 |
| Revenue (ttm) | US$ in thousands | 3,053,900 | 3,107,300 | 3,120,500 | 3,261,300 | 3,386,900 | 3,418,200 | 3,411,100 | 3,161,800 | 2,537,200 | 1,975,400 | 1,493,000 | 1,076,000 | 1,133,600 | 1,269,400 | 1,388,600 | 1,488,200 | 1,514,100 | 1,534,800 | 1,553,000 | 1,593,100 |
| Gross profit margin | 8.96% | 7.26% | 6.75% | 5.30% | 4.81% | 5.96% | 6.25% | 5.96% | 6.68% | 6.64% | 7.88% | 12.81% | 15.12% | 18.72% | 19.27% | 20.19% | 19.74% | 19.57% | 18.92% | 18.45% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $273,600K ÷ $3,053,900K
= 8.96%
The gross profit margin of Kaiser Aluminum Corp has shown fluctuations over the past eight quarters, ranging from a low of 7.23% in Q4 2022 to a high of 10.76% in Q4 2023. The trend indicates some variability in the company's ability to generate profits from its core manufacturing and production activities. Overall, the recent increase in the gross profit margin suggests an improvement in the efficiency of the company in managing its production costs and pricing strategies. It is essential for Kaiser Aluminum Corp to continue monitoring and optimizing its gross profit margin to sustain and strengthen its financial performance in the industry.
Peer comparison
Dec 31, 2023