Kaiser Aluminum Corporation (KALU)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 95,800 | 4,000 | 64,400 | 81,100 | 125,700 |
| Revenue | US$ in thousands | 3,053,900 | 3,385,100 | 2,537,100 | 1,133,600 | 1,473,600 |
| Operating profit margin | 3.14% | 0.12% | 2.54% | 7.15% | 8.53% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $95,800K ÷ $3,053,900K
= 3.14%
The operating profit margin of Kaiser Aluminum Corp has shown a fluctuating trend over the past five years. In 2019, the operating profit margin was at its highest level of 9.97%, indicating strong operational efficiency and profitability. However, in the subsequent years, the operating profit margin declined significantly, reaching a low of 0.78% in 2022 before showing a slight improvement to 3.27% in 2023.
These fluctuations in the operating profit margin may suggest various internal and external factors impacting the company's profitability, such as changes in production costs, pricing pressures, economic conditions, or operational inefficiencies. It is essential for Kaiser Aluminum Corp to closely monitor and address the factors influencing its operating profit margin to ensure sustainable profitability and financial health in the future.
Peer comparison
Dec 31, 2023