GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kaiser Aluminum Corp (NAS:KALU) » Definitions » Gross Profit

Kaiser Aluminum (Kaiser Aluminum) Gross Profit : $350 Mil (TTM As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Kaiser Aluminum Gross Profit?

Kaiser Aluminum's gross profit for the three months ended in Mar. 2024 was $95 Mil. Kaiser Aluminum's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $350 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Kaiser Aluminum's gross profit for the three months ended in Mar. 2024 was $95 Mil. Kaiser Aluminum's Revenue for the three months ended in Mar. 2024 was $738 Mil. Therefore, Kaiser Aluminum's Gross Margin % for the quarter that ended in Mar. 2024 was 12.83%.

Kaiser Aluminum had a gross margin of 12.83% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Kaiser Aluminum was 24.42%. The lowest was 7.23%. And the median was 18.71%.

Warning Sign:

Kaiser Aluminum Corp gross margin has been in long-term decline. The average rate of decline per year is -16.3%.


Kaiser Aluminum Gross Profit Historical Data

The historical data trend for Kaiser Aluminum's Gross Profit 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.

Kaiser Aluminum Gross Profit Chart

Kaiser Aluminum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 298.90 231.40 273.90 247.70 332.10

Kaiser Aluminum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 76.50 95.70 78.40 81.50 94.60

Competitive Comparison of Kaiser Aluminum's Gross Profit

For the Aluminum subindustry, Kaiser Aluminum's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kaiser Aluminum's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kaiser Aluminum's Gross Profit distribution charts can be found below:

* The bar in red indicates where Kaiser Aluminum's Gross Profit falls into.



Kaiser Aluminum Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Kaiser Aluminum's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=3087 - 2754.9
=332

Kaiser Aluminum's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=737.5 - 642.9
=95

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $350 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Kaiser Aluminum's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=95 / 737.5
=12.83 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Kaiser Aluminum  (NAS:KALU) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kaiser Aluminum had a gross margin of 12.83% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Kaiser Aluminum Gross Profit Related Terms

Thank you for viewing the detailed overview of Kaiser Aluminum's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Kaiser Aluminum (Kaiser Aluminum) Business Description

Traded in Other Exchanges
Address
1550 West McEwen Drive, Suite 500, Franklin, TN, USA, 37067
Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The company purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. It hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser's revenue is generated in the US, with the remainder coming from Canada. The company's operations are also located in the U.S. and Canada.
Executives
Ray Parkinson officer: VP - Advanced Engineering 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831
Teresa Mosley Sebastian director 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Vijai Narayan officer: VP and CAO 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Kevin W Williams director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Michael C Arnold director C/O RYERSON HOLDING CORPORATION, 227 W. MONROE ST., 27TH FLOOR, CHICAGO IL 60606
Donald J Stebbins director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Richard P. Grimley director 1550 WEST MCEWEN DRIVE, SUITE 500, FRANKLIN TN 37067
Brant Weaver officer: VP - Strategic Development 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Del L Miller officer: VP - Metal Strategy 27422 PORTOLA PARKWAY, STE. 200, FOOTHILL RANCH CA 92610-2831
Jennifer Huey officer: VP & Chief Accounting Officer 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Blain Tiffany officer: EVP - Sales & Marketing 3400 N. WOLF ROAD, FRANKLIN PARK IL 60131
Neal E West officer: VP & Chief Accounting Officer 7565 IRVINE CENTER DRIVE, IRVINE CA 92618
Jack A Hockema director, officer: President and CEO C/O KAISER ALUMINUM CORP, 27422 PORTOLA PARKWAY, SUITE 350, FOOTHILL RANCH CA 92610-2831
Leo Wilfred Gerard director 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610
Keith Harvey officer: SVP - Sales & Marketing 27422 PORTOLA PARKWAY, SUITE 200, FOOTHILL RANCH CA 92610-2831