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Kaiser Aluminum Corporation  (KALU)
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Price: $89.8200 $0.33 0.369%
Day's High: $90.51 Week Perf: -0.72 %
Day's Low: $ 87.79 30 Day Perf: 13.37 %
Volume (M): 108 52 Wk High: $ 95.56
Volume (M$): $ 9,719 52 Wk Avg: $70.09
Open: $89.49 52 Wk Low: $53.67



 Market Capitalization (Millions $) 1,451
 Shares Outstanding (Millions) 16
 Employees 2,760
 Revenues (TTM) (Millions $) 3,141
 Net Income (TTM) (Millions $) 13
 Cash Flow (TTM) (Millions $) -9
 Capital Exp. (TTM) (Millions $) 120

Kaiser Aluminum Corporation

Kaiser Aluminum Corporation, a Delaware corporation, manufactures and sells semi-fabricated specialty aluminum mill products for the following end market applications: aerospace and high strength ("Aero/HS products"); automotive ("Automotive Extrusions"); general engineering ("GE products"); and other industrial ("Other products"). Our fabricated aluminum mill products include flat-rolled (plate and sheet), extruded (rod, bar, hollows and shapes), drawn (rod, bar, pipe and tube) and certain cast aluminum products. The sophistication of our products is due to the metallurgy and physical properties of the metal and the special characteristics that are required for particular end uses. We strategically choose to serve technically challenging applications for which we can deploy our core metallurgical and process technology capabilities to produce highly engineered mill products with differentiated characteristics that present opportunities for us to receive premium pricing and to create long-term profitable growth.

With respect to the global market for flat-rolled aluminum mill products, our focus is on heat treat plate and sheet for applications that require higher strength and other desired product attributes that cannot be achieved by common alloy rolled products. The primary end market applications of flat-rolled heat treat plate and sheet are Aero/HS products (which we sell globally) and GE products (which we predominantly sell within North America). We do not supply sheet for automotive applications, and have chosen not to supply sheet for beverage/food can applications nor common alloy rolled products for construction or other applications. Although global demand for these applications is large, the product requirements are less demanding.


Similarly, in the areas of aluminum extrusions, we focus on demanding Aero/HS products, Automotive Extrusions and GE products that require high strength, machinability or other specific properties where we can create and maintain a defensible competitive position because of our technical expertise, strong production capability and high product quality. We primarily serve North American demand for extruded mill products. Building and construction applications, the largest segment of North American aluminum extrusion market, rarely require extruded products with specialized properties. Since we have strategically chosen to deploy our capabilities to make differentiated products, we do not focus on building and construction applications.


A fundamental part of our business model is to remain neutral to the impact from fluctuations in the market price for aluminum, thereby earning profit predominately from the conversion of aluminum into semi-fabricated mill products. We refer to this as metal price neutrality. We purchase primary and scrap, or recycled, aluminum, our main raw material, at prices that fluctuate on a monthly basis, and our pricing policies generally allow us to pass the underlying cost of metal through to our customers so that we remain neutral to metal pricing. For some of our higher value added revenue products sold on a spot basis, however, the pass through of metal price movements can lag by several months, with a favorable impact to us when metal prices decline and an adverse impact to us when metal prices increase. Additionally, we sometimes enter into firm-price customer sales agreements that specify a firm underlying metal price plus a conversion price. Spot sales with lagged metal price pass through and firm-price sales agreements create metal price exposure for us, which we mitigate through a hedging program with an objective to remain metal price neutral.


We have long-standing relationships with our customers, which consist primarily of blue-chip companies including leading aerospace and automotive manufacturers, tier one aerospace and automotive suppliers and metal service centers. Approximately 50% of our shipments is sold direct to the manufacturers or tier one suppliers and approximately 50% is sold to metal service centers. In our served markets, we seek to be the supplier of choice by pursuing "Best in Class" customer satisfaction driven by quality, availability, service and delivery performance. We strive to differentiate our product portfolio through our broad product offering and our KaiserSelect® products, which are engineered and manufactured to deliver enhanced product characteristics with improved consistency, so as to result in better performance, lower waste and, in many cases, lower production cost for our customers.

Consistent with the manner in which our chief operating decision maker reviews and evaluates our business, our Fabricated Products business is treated as a single operating segment. In addition to the Fabricated Products segment, we have one business unit, All Other, which provides general and administrative support for our operations. For purposes of segment reporting under United States generally accepted accounting principles ("GAAP"), we treat the Fabricated Products segment as its own reportable segment. All Other is not considered a reportable segment.



   Company Address: 1550 West McEwen Drive Franklin 37067 TN
   Company Phone Number: 252-7040   Stock Exchange / Ticker: NASDAQ KALU
   KALU is expected to report next financial results on April 24, 2024. Next quarterly dividend pay out on May 15, 2024.


Customers Net Income fell by KALU's Customers Net Profit Margin fell to

-35.06 %

9.4 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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AA        0.72% 
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RYI   -1.02%    
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Dividend

Kaiser Aluminum Corporation Announces Dividend Payment as Shares Experience Volatile Performance

Published Thu, Jan 11 2024 9:30 PM UTC



Kaiser Aluminum Corporation (NASDAQ:KALU) recently made an announcement regarding their quarterly dividend payment, accompanied by significant fluctuations in their stock performance. With the stock price seeing a drop of -9.17% over the past week, the year-to-date performance has been negatively impacted, currently standing at -8.02%. Furthermore, the company's sh...

Kaiser Aluminum Corporation

Revitalized Profitability and Shareholder Value: Kaiser Aluminum Corporation's Recent Financials



Kaiser Aluminum Corporation recently released its financial results for the fiscal time-frame closing September 30, 2023. While the Miscellaneous Fabricated Products company managed to raise its earnings per share (EPS), revenue experienced a slight decline. This article will analyze the key facts from the financial results, interpret their significance, and put them into context.
1. Earnings per Share (EPS):
Miscellaneous Fabricated Products company's EPS saw significant growth, advancing by 112.5% to $0.34 per share. This indicates strong profitability and increased value for shareholders, despite the challenging revenue scenario.

Kaiser Aluminum Corporation

Kaiser Aluminum Corporation Experiences Significant Revenue Drop in Q2 2023 Despite Positive Earnings

Kaiser Aluminum Corporation, a leading producer of aluminum products, has reported positive financial results for the fiscal interval ending June 30, 2023. The company's income turned positive at $1.14 per share, a significant improvement compared to the previous year's negative income of $-0.87 per share. Furthermore, earnings per share surged by 15.15%, reaching $0.99 per share from the preceding financial reporting period.
However, despite these positive earnings results, Kaiser Aluminum Corporation experienced a substantial decrease in revenue. The company's revenue declined by 14.682% to $814.10 million from $954.20 million in the comparable period of the previous year. On a sequential basis, revenue did increase slightly by 0.805% from $807.60 million.






 

Kaiser Aluminum's Segments
 
 
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