Kaiser Aluminum Corporation (KALU)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 46,800 | 47,300 | 40,700 | 55,900 | 47,200 | 13,200 | 10,300 | -21,800 | -29,600 | -1,500 | -6,300 | -14,900 | -18,500 | -14,300 | -11,600 | 4,200 | 28,800 | 12,300 | 37,300 | 63,100 |
| 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 |
| ROA | 2.02% | 2.05% | 1.76% | 2.43% | 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $46,800K ÷ $2,314,900K
= 2.02%
Kaiser Aluminum Corporation's Return on Assets (ROA) has shown fluctuations over the analyzed periods. The ROA started at 4.06% as of March 31, 2020, then decreased to 0.67% by September 30, 2020. Throughout 2021 and 2022, the ROA remained negative, indicating that the company's assets were generating lower returns or incurring losses.
However, starting from March 31, 2023, there was an improvement in the ROA, which turned positive at 0.45% and continued to increase gradually over the subsequent quarters. The highest ROA observed was 2.43% on March 31, 2024.
Overall, this suggests that Kaiser Aluminum Corporation's ability to generate profits from its assets has improved after a period of negative returns. Investors and stakeholders may closely monitor this trend to assess the company's financial performance and efficiency in utilizing its assets effectively.
Peer comparison
Dec 31, 2024