Kaiser Aluminum Corporation (KALU)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 8.96% | 7.26% | 6.75% | 5.30% | 4.81% | 5.96% | 6.25% | 5.96% | 6.68% | 6.64% | 7.88% | 12.81% | 15.12% | 18.72% | 19.27% | 20.19% | 19.74% | 19.57% | 18.92% | 18.45% |
| 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% |
| Pretax margin | 1.84% | 0.41% | 0.34% | -0.87% | -1.12% | 0.02% | 0.09% | -0.53% | -0.95% | -1.11% | -1.90% | 0.40% | 3.42% | 1.19% | 3.56% | 5.46% | 5.31% | 8.37% | 8.00% | 7.92% |
| 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% |
Kaiser Aluminum Corp's profitability ratios exhibit fluctuations over the quarters analyzed. The gross profit margin has shown an improving trend from Q1 2022 to Q4 2023, indicating the company's ability to control production costs and generate profits from its operations.
However, the operating profit margin, pretax margin, and net profit margin demonstrate variance in performance. While the operating profit margin also displays an upward trend generally, it shows significant quarterly fluctuations. The pretax margin has shown instability, with negative values in some quarters, reflecting challenges in managing overhead costs and non-operating expenses.
Similarly, the net profit margin has reported inconsistency in profitability, with negative values in several quarters, suggesting potential issues impacting the company's bottom line. Overall, Kaiser Aluminum Corp's profitability ratios indicate a mixed performance in generating profits over the quarters analyzed, reflecting the need for efficient cost management and strategic planning to enhance profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | 4.23% | 2.29% | 1.58% | -0.09% | 0.17% | 1.80% | 2.42% | 2.86% | 2.66% | 2.72% | 2.44% | 2.43% | 4.35% | 3.91% | 5.44% | 8.26% | 8.24% | 10.73% | 10.35% | 10.33% |
| Return on assets (ROA) | 2.08% | 0.58% | 0.45% | -0.94% | -1.29% | -0.06% | -0.26% | -0.59% | -0.76% | -0.59% | -0.48% | 0.20% | 1.54% | 0.67% | 2.02% | 4.06% | 4.06% | 6.74% | 6.50% | 6.49% |
| Return on total capital | 6.10% | 3.56% | 3.46% | 1.14% | 0.62% | 2.95% | 3.11% | 1.87% | 1.48% | 1.57% | 1.18% | 3.27% | 5.07% | 3.28% | 5.09% | 8.76% | 8.56% | 13.49% | 13.17% | 13.32% |
| Return on equity (ROE) | 7.24% | 2.06% | 1.61% | -3.43% | -4.69% | -0.23% | -0.97% | -2.10% | -2.67% | -1.98% | -1.61% | 0.57% | 3.93% | 1.71% | 5.19% | 8.75% | 8.45% | 12.80% | 12.39% | 12.57% |
Kaiser Aluminum Corp's profitability ratios have shown varied performance over the past quarters.
1. Operating return on assets (Operating ROA) has been increasing steadily from Q1 2023 to Q4 2023, indicating the effectiveness of the company in generating operating profit from its assets.
2. Return on assets (ROA) has been volatile, with negative figures in some quarters, suggesting that the company has had challenges in generating profits from its total assets.
3. Return on total capital has generally been positive, showing that the company has been able to generate returns for both equity and debt holders.
4. Return on equity (ROE) has reflected a mixed performance, with both positive and negative figures. The negative ROE in some quarters indicates that the company has not been able to generate satisfactory returns for its shareholders.
Overall, Kaiser Aluminum Corp's profitability has been inconsistent, with some ratios showing improvements while others remain volatile or negative.