Kaiser Aluminum Corporation (KALU)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 47,200 | 13,200 | 10,300 | -21,800 | -29,600 | -1,500 | -6,300 | -14,900 | -18,500 | -14,300 | -11,600 | 4,200 | 28,800 | 12,300 | 37,300 | 63,100 | 62,000 | 96,200 | 92,500 | 94,000 |
| 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 |
| Net profit margin | 1.55% | 0.42% | 0.33% | -0.67% | -0.87% | -0.04% | -0.18% | -0.47% | -0.73% | -0.72% | -0.78% | 0.39% | 2.54% | 0.97% | 2.69% | 4.24% | 4.09% | 6.27% | 5.96% | 5.90% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $47,200K ÷ $3,053,900K
= 1.55%
The net profit margin of Kaiser Aluminum Corp has been showing inconsistent performance over the past eight quarters. In Q4 2023, the net profit margin stood at 1.53%, representing a significant improvement from the previous quarter where it was 0.42%. This increase indicates that the company was able to generate more profits relative to its revenue in the latest quarter.
However, prior to this improvement, Kaiser Aluminum Corp had experienced fluctuating net profit margins, with Q3 2023 at 0.42%, Q2 2023 at 0.33%, and Q1 2023 at -0.66%. The negative net profit margin in Q1 2023 suggests that the company's costs and expenses exceeded its revenues during that period, resulting in an overall loss.
Looking back to Q4 2022 and earlier, the trend of negative net profit margins continued with values of -0.86%, -0.04%, -0.18%, and -0.46% for the respective quarters. This indicates ongoing challenges in effectively managing costs and generating profits throughout those periods.
Overall, based on these figures, it is evident that Kaiser Aluminum Corp has experienced both positive and negative fluctuations in its net profit margins over the past two years, highlighting the importance of closely monitoring and managing profitability to ensure sustainable financial performance.
Peer comparison
Dec 31, 2023