CENX (Century Aluminum Co) ROA %: 54.83% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CENX Century Aluminum Co CENX
63 GF Score
Price $46.21
GF Value $22.20
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Century Aluminum Co ROA %?

Century Aluminum Co CENX -0.37% 63 ROA % is 54.83% as of Mar. 2026. GuruFocus rates CENX with a GF Score™ of 63/100 and a GF Value™ of $22.20 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,666 Metals & Mining companies, Century Aluminum Co ranks better than 92.76% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Century Aluminum Co's annualized Net Income for the quarter that ended in Mar. 2026 was $1,350 Mil. Century Aluminum Co's average Total Assets over the quarter that ended in Mar. 2026 was $2,462 Mil. Therefore, Century Aluminum Co's annualized ROA % for the quarter that ended in Mar. 2026 was 54.83%.

The historical rank and industry rank for Century Aluminum Co's ROA % or its related term are showing as below:

CENX' s ROA % Range Over the Past 10 Years
Min: -15.33   Med: -3.42   Max: 16.98
Current: 15.95

During the past 13 years, Century Aluminum Co's highest ROA % was 16.98%. The lowest was -15.33%. And the median was -3.42%.

CENX's ROA % is ranked better than
92.76% of 2666 companies
in the Metals & Mining industry
Industry Median: -16.82 vs CENX: 15.95

Century Aluminum Co  (NAS:CENX) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1350/2462.1
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1350 / 2596.8)*(2596.8 / 2462.1)
=Net Margin %*Asset Turnover
=51.99 %*1.0547
=54.83 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Century Aluminum Co ROA % Related Terms


Century Aluminum Co ROA % Historical Data

* Premium members only.

The historical data trend for Century Aluminum Co's ROA % 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.

Century Aluminum Co ROA % Chart

Century Aluminum Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.25 -0.93 -2.60 16.98 1.90

Century Aluminum Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 5.83 -0.94 2.92 0.33 54.83

CENX vs CSTM, KALU, AA: ROA % Comparison

For the Aluminum subindustry, Century Aluminum Co's ROA %, along with its competitors' market caps and ROA % 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.


Century Aluminum Co ROA % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Century Aluminum Co's ROA % distribution charts can be found below:

* The bar in red indicates where Century Aluminum Co's ROA % falls into.


CENX
63GF Score
Century Aluminum Co CENX
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Century Aluminum Co ROA % Calculation

Century Aluminum Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=41.8/( (2120+2269.3)/ 2 )
=41.8/2194.65
=1.90 %

Century Aluminum Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1350/( (2269.3+2654.9)/ 2 )
=1350/2462.1
=54.83 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 54.83% mean?
Century Aluminum Co (CENX) has a ROA % of 54.83% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Century Aluminum Co and its competitors. According to the industry distribution chart, Century Aluminum Co ranks #193 out of 2666 companies in the Metals & Mining industry, placing it in the top 7.2%.
Is Century Aluminum Co's ROA % too high?
Century Aluminum Co's current ROA % is 54.83%. Based on the distribution chart, Century Aluminum Co ranks #193 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Century Aluminum Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Century Aluminum Co's ROA % compare to CSTM and KALU?
According to the Metals & Mining industry distribution chart, Century Aluminum Co ranks #193 out of 2666 companies for ROA %. This places Century Aluminum Co in the top 7% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Century Aluminum Co and its competitors. Century Aluminum Co's current ROA % is 54.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Aluminum Co stock overvalued right now?
Based on GuruFocus' analysis, Century Aluminum Co (CENX) is currently considered Significantly Overvalued. The stock's GF Value™ is $22.20, compared to a current price of $46.21 — trading 108.2% above its estimated fair value. The current ROA % is 54.83%. Century Aluminum Co's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Century Aluminum Co (CENX), the current ROA % is 54.83% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Century Aluminum Co (CENX) Overvalued in 2026?

Based on GuruFocus' analysis, Century Aluminum Co stock appears to be overvalued. The current stock price of $46.21 is trading 108.2% above its estimated GF Value™ of $22.20. GuruFocus considers Century Aluminum Co to be Significantly Overvalued.

Key valuation signals for CENX:

  • ROA %: 54.83%
  • GF Value™: $22.20 vs. price of $46.21 (108.2% above fair value)
  • GF Score™: 63/100 with 6 warning signs

No single metric tells the full story. See the CENX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Century Aluminum Co Business Description

Other Exchanges EY3:Germany
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. The company produces high purity aluminum, standard-grade aluminum sow and tee bars, and value-added billet and foundry products. The company also owns a carbon anode production facility in the Netherlands.
63GF Score

Get the complete analysis for CENX

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$46.21
Price
$22.20
GF Value