Kaiser Aluminum Corporation (KALU)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 63,500 | 60,100 | 50,200 | 67,600 | 56,300 | 12,600 | 10,700 | -28,500 | -37,900 | 700 | 3,200 | -16,800 | -24,000 | -21,900 | -28,300 | 4,300 | 38,800 | 15,100 | 49,500 | 81,300 |
| Revenue (ttm) | US$ in thousands | 3,024,000 | 2,980,300 | 2,976,200 | 3,016,900 | 3,087,000 | 3,141,300 | 3,146,600 | 3,286,700 | 3,427,900 | 3,458,300 | 3,460,000 | 3,246,800 | 2,622,000 | 2,087,600 | 1,592,700 | 1,127,400 | 1,172,700 | 1,269,400 | 1,388,600 | 1,488,200 |
| Pretax margin | 2.10% | 2.02% | 1.69% | 2.24% | 1.82% | 0.40% | 0.34% | -0.87% | -1.11% | 0.02% | 0.09% | -0.52% | -0.92% | -1.05% | -1.78% | 0.38% | 3.31% | 1.19% | 3.56% | 5.46% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $63,500K ÷ $3,024,000K
= 2.10%
Kaiser Aluminum Corporation's pretax margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 5.46% in March 2020, declining to 3.56% in June 2020, and further dropping to 1.19% by September 2020. Subsequently, there was a slight improvement to 3.31% by December 2020.
However, from March 2021 to June 2022, the pretax margin turned negative, indicating that the company's expenses were surpassing its pre-tax earnings. Over this period, the pretax margins ranged from -1.78% to 0.09%.
From September 2022 onwards, the pretax margin started to show signs of recovery, gradually increasing to 2.10% by December 31, 2024. This positive trend suggests that the company may have implemented cost-cutting measures or revenue-enhancing strategies, resulting in improved profitability before taxes. Overall, analyzing the pretax margin trend provides insights into Kaiser Aluminum Corporation's operational efficiency and financial health.
Peer comparison
Dec 31, 2024