Sector: Basic Materials | Industry: Aluminum |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 27422 Portola Pkwy Ste 200 FOOTHILL RANCH CA 92610-2836 |
Tel: | N/A |
Website: | https://www.kaiseraluminum.com |
IR: | See website |
Key People | ||
Jack A. Hockema Executive Chairman of the Board | Mark R. Krouse Vice President - Human Resources | Keith A. Harvey President, Chief Executive Officer, Director |
Neal E. West Chief Financial Officer, Executive Vice President | John Malcolm Donnan Executive Vice President, Chief Administrative Officer, General Counsel | Blain A. Tiffany Executive Vice President of Sales and Marketing |
Jason D. Walsh Executive Vice President - Manufacturing | Raymond D. Parkinson Senior Vice President - Advanced Engineering | Vijai Narayan Chief Accounting Officer, Vice President | Del L. Miller Vice President, Treasurer - Risk and Procurement |
Business Overview |
Kaiser Aluminum Corporation is a producer of semi-fabricated specialty aluminum products. The Company's fabricated aluminum mill products include flat-rolled (plate, sheet, and coil), extruded (rod, bar, hollows, and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. Its business focuses on producing rolled, extruded, and drawn aluminum products used principally for aerospace and defense, aluminum beverage and food packaging, general engineering that include consumer durables, electronics and products for electrical and machinery and equipment applications and automotive products. It provides its products for a range of market applications, including aerospace and high strength (Aero/HS products); beverage and food packaging products (Packaging); general engineering (GE products); automotive (Automotive Extrusions), and other products. Its Automotive Extrusions consist of extruded aluminum products for many North American automotive applications. |
Financial Overview |
For the fiscal year ended 31 December 2023, Kaiser Aluminum Corp. revenues decreased 10% to $3.09B. Net income totaled $47.2M vs. loss of $29.6M. Revenues reflect Ge Products segment decrease of 33% to $596.5M, Packaging segment decrease of 17% to $1.32B, United States segment decrease of 10% to $2.99B. Net Income reflects Goodwill impairment decrease from $20.5M (expense) to $0K. |
Employees: | 4,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,385M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,087M as of Dec 31, 2023 |
EBITDA (TTM): | $209.40M as of Dec 31, 2023 |
Net annual income (TTM): | $47.20M as of Dec 31, 2023 |
Free cash flow (TTM): | $18.30M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $972.40M as of Dec 31, 2023 |
Shares outstanding: | 16,015,791 as of Feb 19, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |