Kaiser Aluminum Corporation (KALU)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 46,800 | 47,200 | -29,600 | -18,500 | 28,800 |
Revenue | US$ in thousands | 3,024,000 | 3,087,000 | 3,427,900 | 2,622,000 | 1,172,700 |
Net profit margin | 1.55% | 1.53% | -0.86% | -0.71% | 2.46% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $46,800K ÷ $3,024,000K
= 1.55%
From the data provided, Kaiser Aluminum Corporation's net profit margin has shown fluctuations over the years. In December 2020, the net profit margin stood at 2.46%, indicating that the company was able to generate a profit of 2.46 cents for every dollar of revenue earned.
However, in the following years, there was a decline in profitability as the net profit margins turned negative in December 2021 (-0.71%) and December 2022 (-0.86%). A negative net profit margin implies that the company's expenses exceeded its revenues during those periods, resulting in losses.
There was a rebound in profitability in December 2023 with a net profit margin of 1.53%, indicating that the company was able to improve its profitability and generate a profit of 1.53 cents for every dollar of revenue earned. This positive trend continued into December 2024, with a further increase in net profit margin to 1.55%.
The varying levels of net profit margin highlight the company's changing financial performance and efficiency in managing its expenses relative to its revenues over the years. It is essential for Kaiser Aluminum Corporation to continue monitoring and improving its profitability to ensure long-term sustainability and growth.
Peer comparison
Dec 31, 2024