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Century Aluminum Co (Century Aluminum Co) Net Income : $-43 Mil (TTM As of Dec. 2023)


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What is Century Aluminum Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Century Aluminum Co's Net Income for the three months ended in Dec. 2023 was $30 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-43 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Century Aluminum Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.32.


Century Aluminum Co Net Income Historical Data

The historical data trend for Century Aluminum Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Century Aluminum Co Net Income Chart

Century Aluminum Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -80.80 -123.30 -167.10 -14.10 -43.10

Century Aluminum Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -113.50 -38.60 7.50 -42.00 30.00

Century Aluminum Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Century Aluminum Co's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-66.8+14.6+0+9.1
=-43

Century Aluminum Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=32.3+-6.6+0+4.3
=30

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-43 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Century Aluminum Co  (NAS:CENX) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Century Aluminum Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Century Aluminum Co Net Income Related Terms

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Century Aluminum Co (Century Aluminum Co) Business Description

Traded in Other Exchanges
Address
One South Wacker Drive, Suite 1000, Chicago, IL, USA, 60606
Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.
Executives
Peter A Trpkovski officer: SVP, Finance and Treasurer CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Jesse E Gary director, officer: President and CEO 2511 GARDEN ROAD, BUILDING A, SUITE 200, MONTEREY CA 93940
Robert F Hoffman officer: See Remarks 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Tamla A Olivier director CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Matt Aboud officer: SVP, Strategy & Business Dev't CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
Ocorian Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Ryfold Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Givolon Ltd 10 percent owner 26 NEW STREET, ST HELIER Y9 JE2 3RA
Ryfold Trust 10 percent owner ESPLANADE 13-14, ST HELIER Y9 JE1 1EE
Gerald C Bialek officer: Chief Financial Officer 701 LIMA AVENUE, FINDLAY OH 45840
Andrew G Michelmore director LEVEL 23/28 FRESHWATER PLACE, P.O. BOX 19421, SOUTHBANK VICTORIA C3 3006
Jarl Berntzen director CENTURY ALUMINUM COMPANY, 2511 GARDEN ROAD, BLDG A, SUITE 200, MONTEREY CA 93940
Errol Glasser director 505 PARK AVENUE, NEW YORK NY 10022
Jennifer Mary Bush director CENTURY ALUMINUM COMPANY, 1 S. WACKER DRIVE, SUITE 1000, CHICAGO IL 60606
John Dezee officer: EVP and General Counsel 1 S WACKER DR, SUITE 1000, CHICAGO IL 60606