Kaiser Aluminum Corporation (KALU)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 47,200 | -29,600 | -18,500 | 28,800 | 62,000 |
| Revenue | US$ in thousands | 3,053,900 | 3,385,100 | 2,537,100 | 1,133,600 | 1,473,600 |
| Net profit margin | 1.55% | -0.87% | -0.73% | 2.54% | 4.21% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $47,200K ÷ $3,053,900K
= 1.55%
The net profit margin of Kaiser Aluminum Corp has exhibited fluctuations over the past five years. In 2023, the net profit margin stood at 1.53%, indicating that for every dollar of revenue generated, the company retained approximately 1.53 cents as net profit. This represents an improvement from the negative margins recorded in 2022 (-0.86%) and 2021 (-0.71%).
However, when compared to the levels in 2020 (2.46%) and 2019 (4.09%), the current net profit margin is lower, reflecting potential challenges in maintaining profitability. It is essential for Kaiser Aluminum Corp to assess its cost structure, revenue streams, and operational efficiency to enhance its profitability and strive for consistent positive net profit margins in the future.
Peer comparison
Dec 31, 2023