Kaiser Aluminum Corporation (KALU)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 103,200 | 59,800 | 58,600 | 19,500 | 10,400 | 49,500 | 52,400 | 32,600 | 25,500 | 27,500 | 20,700 | 51,400 | 79,700 | 51,100 | 79,200 | 106,300 | 105,000 | 151,400 | 147,100 | 149,000 |
| Long-term debt | US$ in thousands | 1,039,800 | 1,039,400 | 1,053,900 | 1,077,900 | 1,038,100 | 1,037,600 | 1,037,200 | 1,036,800 | 1,036,300 | 1,035,900 | 1,035,500 | 838,700 | 838,100 | 837,600 | 837,100 | 492,800 | 492,600 | 371,100 | 370,900 | 370,600 |
| Total stockholders’ equity | US$ in thousands | 652,200 | 640,700 | 638,100 | 635,600 | 631,200 | 642,000 | 650,000 | 708,200 | 692,500 | 721,000 | 720,700 | 735,000 | 732,400 | 719,300 | 718,800 | 721,100 | 733,900 | 751,400 | 746,300 | 747,900 |
| 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% |
December 31, 2023 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $103,200K ÷ ($1,039,800K + $652,200K)
= 6.10%
Kaiser Aluminum Corp's return on total capital has exhibited some fluctuations over the eight quarters presented. The highest return on total capital was observed in Q4 2023 at 5.95%, while the lowest was in Q1 2023 at 1.28%. Generally, the company's return on total capital has been relatively volatile, with periods of both growth and decline. It is important for investors and stakeholders to monitor these fluctuations closely to understand the company's ability to generate returns on the total capital employed in its operations.
Peer comparison
Dec 31, 2023