0001193125-26-059575
SEC filingKaiser Aluminum Corporation reported net sales of $3.37 billion for fiscal year 2025, with operating income of $188.8 million and net income of $112.5 million. The company generated $111.4 million in operating cash flow, though net cash decreased by $11.0 million due to capital expenditures of $136.9 million and financing activities including dividend payments of $51.3 million. Key profitability metrics include basic and diluted earnings per share of $7.00. The balance sheet shows property, plant and equipment net of $1.15 billion, inventories of $725.2 million, and trade receivables net of $395.2 million. The company issued $500.0 million in 5.875% Senior Notes while repaying $500.0 million of 4.625% Senior Notes, maintaining significant revolving credit facility activity.
Kaiser Aluminum Corporation reported net sales of $3.37 billion for fiscal year 2025, with total costs and expenses of $3.18 billion resulting in operating income of $188.8 million. After interest expense of $50.1 million and other income of $11.3 million, income before taxes was $150.0 million. The company recorded an income tax provision of $37.5 million, yielding net income of $112.5 million. Basic and diluted earnings per share were both $7.00, based on weighted-average shares outstanding of 16.2 million basic and 16.6 million diluted. The company generated $111.4 million in operating cash flow, though net cash decreased by $11.0 million during the period.
No segment breakdown, geographic mix, or specific growth drivers were disclosed in the provided financial data. The company reported net sales of $3.37 billion for the fiscal year ending December 31, 2025. Cost of products sold, excluding depreciation and amortization, was $2.93 billion. No further revenue segmentation or analysis was available in the provided financial statements.
The company's cost structure included cost of products sold of $2.93 billion, depreciation and amortization of $122.5 million, and selling, general, administrative, research and development expenses of $129.2 million. Restructuring costs were $1.9 million with no other operating charges. Operating income of $188.8 million represented the difference between net sales of $3.37 billion and total costs and expenses of $3.18 billion. Interest expense of $50.1 million reduced income before taxes to $150.0 million, with a 25% effective tax rate resulting in net income of $112.5 million.
Operating activities generated $111.4 million in cash, primarily from net income of $112.5 million adjusted for non-cash items including depreciation of $118.0 million and deferred income taxes of $33.1 million. Investing activities used $77.8 million, mainly for capital expenditures of $136.9 million, partially offset by proceeds from asset dispositions. Financing activities used $44.6 million, including dividend payments of $51.3 million and debt issuance costs of $10.1 million. The balance sheet shows property, plant and equipment net of $1.15 billion, inventories of $725.2 million, and trade receivables net of $395.2 million. Cash, cash equivalents and restricted cash totaled $71.3 million at period end.
No management guidance, strategic priorities, or specific risk factors were disclosed in the provided financial data. The filing includes standard financial statements without forward-looking statements or outlook commentary. Investors should refer to the complete 10-K filing for comprehensive risk factors and management discussion that were not included in the provided financial data extracts.