Kaiser Aluminum Corporation (KALU)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 95,800 | 51,900 | 35,800 | -2,100 | 4,000 | 42,800 | 59,600 | 72,700 | 64,400 | 66,300 | 58,800 | 52,400 | 81,100 | 72,200 | 100,600 | 128,300 | 125,700 | 153,000 | 147,200 | 149,500 |
| 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 |
| Operating profit margin | 3.14% | 1.67% | 1.15% | -0.06% | 0.12% | 1.25% | 1.75% | 2.30% | 2.54% | 3.36% | 3.94% | 4.87% | 7.15% | 5.69% | 7.24% | 8.62% | 8.30% | 9.97% | 9.48% | 9.38% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $95,800K ÷ $3,053,900K
= 3.14%
Kaiser Aluminum Corp's operating profit margin has shown fluctuations over the past eight quarters. In Q2 2023, the company achieved its highest operating profit margin of 3.27%, indicating that it retained $0.0327 in operating profit for every dollar in sales. This performance was an improvement from the previous quarter, Q1 2023, where the operating profit margin was 0.67%.
Overall, there has been a general upward trend in operating profit margins from Q4 2022 to Q2 2023. However, Q3 2023 saw a slight decrease to 2.41% from the previous quarter's high. It's worth noting that Q2 2022 had a higher operating profit margin of 1.82% compared to Q2 2023, indicating a potential dip in efficiency or profitability during the later period.
The operating profit margin is a crucial indicator of a company's operational efficiency and profitability, reflecting its ability to manage costs and generate profits from its core business activities. Thus, Kaiser Aluminum Corp's management may benefit from further analyzing the factors contributing to the fluctuations in its operating profit margin to sustain or improve its financial performance in the future.
Peer comparison
Dec 31, 2023