Kaiser Aluminum Corporation (KALU)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 95,000 | 94,600 | 96,300 | 109,900 | -620,300 | -658,100 | -687,300 | -725,200 | -32,100 | 600 | 30,500 | 43,600 | 64,400 | 66,300 | 58,800 | 52,400 | 81,100 | 72,200 | 100,600 | 128,300 |
| Total assets | US$ in thousands | 2,314,900 | 2,311,400 | 2,315,700 | 2,299,800 | 2,267,400 | 2,268,100 | 2,267,500 | 2,329,700 | 2,288,800 | 2,373,600 | 2,461,700 | 2,541,400 | 2,422,400 | 2,437,200 | 2,414,500 | 2,152,800 | 1,864,700 | 1,847,000 | 1,848,400 | 1,553,100 |
| Operating ROA | 4.10% | 4.09% | 4.16% | 4.78% | -27.36% | -29.02% | -30.31% | -31.13% | -1.40% | 0.03% | 1.24% | 1.72% | 2.66% | 2.72% | 2.44% | 2.43% | 4.35% | 3.91% | 5.44% | 8.26% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $95,000K ÷ $2,314,900K
= 4.10%
The operating return on assets (operating ROA) of Kaiser Aluminum Corporation has shown fluctuations over the analyzed periods. From March 31, 2020, to June 30, 2021, the operating ROA experienced a downward trend, declining from 8.26% to 2.44%. This significant decrease indicates a potential decline in the company's operational efficiency in utilizing its assets to generate operating income during this period.
Subsequently, the operating ROA continued to fluctuate at relatively lower levels until December 31, 2021, ranging between 2.43% and 2.72%. However, there was a sharp decline observed in the operating ROA from March 31, 2022, to December 31, 2023, where the percentage dropped from 1.72% to -27.36%. This negative trend suggests potential operational challenges faced by the company leading to a decrease in operating efficiency and profitability during this period.
However, starting from March 31, 2024, there was a notable recovery in the operating ROA, with an increase from -31.13% to 4.10% by December 31, 2024. This resurgence indicates a possible improvement in operational performance and asset utilization by Kaiser Aluminum Corporation in the latter part of the analyzed period.
In conclusion, the fluctuations in Kaiser Aluminum Corporation's operating ROA highlight the company's varying levels of operational efficiency and profitability over the analyzed quarters, reflecting changes in the effectiveness of utilizing its assets to generate operating income.
Peer comparison
Dec 31, 2024