# Kaiser Aluminum share price today (Kaiser Aluminum Corporation, KALU)

> Kaiser Aluminum Corporation's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. KALU · Materials · Aluminum · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/kalu

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $118.10 (+30.5% in a year)
- P/E: 9.1× (lower than 98% of the last 3.3 years)
- Revenue (Sep 2026): $1.2 B (+44.0% on a year ago)
- Profit (Sep 2026): $31.0 M (−21.5% on a year ago)
- Operating margin: 4.5% (−1.1 points on a year ago)
- ROE: 14%, FY25
- ROIC: 13.2%, against a 10.2% cost of capital: +3.0 points

The main question: yearly earnings per share moved +68.4% while the share price moved +30.5%. ## What is the Kaiser Aluminum share price today? Kaiser Aluminum Corporation's share price was $118.10 at the close on 3 November 2026. It has been moving sideways for 5 weeks. That is 22.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between $91 and $191, and at that close it sat 27% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 12 weeks running. Over the last 10 years the share price moved +29% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Kaiser Aluminum pay? Kaiser Aluminum Corporation paid $3.08 per share over the last four reported quarters. The most recent declaration was $0.77 for Sep 2026. At today's price of $118.10 that is a yield of 2.61%, based on dividends already paid, not a forecast. ## Which stock lists is Kaiser Aluminum on? Kaiser Aluminum is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Kaiser Aluminum profitable? Kaiser Aluminum Corporation earned $31.0 M of net profit in the Sep 2026 quarter, −21.5% on the same quarter a year earlier. Full-year FY25 profit was $113 M. That is 2.6% of the quarter's revenue. The same quarter a year earlier earned $39.5 M. For the full year, FY25 profit was $113 M (+71.2% on the year before). Why profit moved: revenue changed +44.0% on a year earlier and the margin moved −1.1 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +131.9% and revenue +40.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Kaiser Aluminum make, and is it growing? Kaiser Aluminum Corporation reported $1.2 B of revenue in the Sep 2026 quarter, +44.0% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 6.5% a year on average. The last full year, FY25, came in at $3.4 B. The last four reported quarters add to $4.5 B. FY25 revenue was $3.4 B, +11.5% on the year before. Recent pace: the last four quarters grew +40.1% on average, against 6.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +40.4%, against +23.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +109.9%, against +102.3% a year (accelerating). ## How much of every $100 of sales does Kaiser Aluminum keep? Kaiser Aluminum Corporation's operating margin was 4.5% in the Sep 2026 quarter, 1.1 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 0.7% and 5.5%. The latest quarter is within that range. Across 5 years it has been between 0.7% and 5.5%, and FY25's 5.5% is the highest of them. Why the margin moved: operating margin changed −1.1 percentage points on the year while gross margin changed −4.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Kaiser Aluminum's profit turning into cash? Over the last 3 years, 199% of Kaiser Aluminum Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $111 M of operating cash against $113 M of profit. After $137 M of spending on assets, free cash was −$25.5 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Kaiser Aluminum's cash go? Kaiser Aluminum Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $461 M on assets over the last 3 years. Averaged over those years that is 4.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $461 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Kaiser Aluminum's P/E ratio, and how does it compare with its own history? Kaiser Aluminum Corporation's P/E is 9.1×, about the lowest it has ever been. Its usual P/E (the middle reading) is 19.5×, over 3.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +68.4% while the price moved +30.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +26.1% a year; about +152.0% a year came from earnings growth and about −125.9 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Kaiser Aluminum business getting better or worse? Kaiser Aluminum Corporation's business is giving mixed signals. Growth has been steadily positive, but ROCE at 9.0% is below the 15% level needed to call it steady growth. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Kaiser Aluminum earn on its capital? Kaiser Aluminum Corporation earned a ROE of 14% in FY25. That is up from a low of −5% in FY22. Its return on capital used (ROIC) is 3.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.3% net margin and 1.32× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 3.3% net margin × 1.32× asset turnover × 3.10× leverage (assets divided by equity) ≈ 13.5% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.2% − 10.2% = +3.0 percentage points. The 10.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 13.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 7.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Kaiser Aluminum have too much debt? Kaiser Aluminum Corporation has total debt of $1.1 B against shareholder equity of $976 M as of Sep 2026, so its debt is 1.09× its equity. Year by year, that ratio went from 1.58 in FY21 to 1.33 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Kaiser Aluminum shareholding pattern? 6.2% of Kaiser Aluminum Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Kaiser Aluminum from balance-sheet trouble? For Kaiser Aluminum Corporation, the Z-score is 3.18. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.18 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Kaiser Aluminum rank in its industry? 60.9 out of 100, rank 2 of 4 in Aluminum, with 82% of the evidence available. Kaiser Aluminum Corporation scores 60.9 out of 100 against the 4 companies it is compared with in Aluminum, ranking 2. Earnings are strong; relative strength in its sector is 1.7% and the one-year return is 24.9%. The four parts add up to the total exactly: 28.1 + 11.7 + 15 + 6.1 = 60.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Kaiser Aluminum compared with? Kaiser Aluminum ranks 2 of 4 Aluminum companies on the 4-Factor Sector Score, with 60.9 out of 100. 1. [Constellium SE](https://www.sectoralpha.in/us/stocks/cstm) CSTM · quiet · Most evidence points up · 78% evidence 78.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 31.5/35 · Revenue 25.9% · Profit 100% · Operating margin change 6 points · 83% evidence Capital efficiency 17.2/25 · ROCE 20.5% · Operating margin 8.9% · 76% evidence Valuation 15.0/20 · P/E 8× · PEG 0.2 · 50% evidence Relative strength 15.0/20 · Lead over its industry 10.5% · Lead over S&P 500 -14.9% · 1 year 45.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 31.5 + 17.2 + 15 + 15 = 78.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Kaiser Aluminum Corporation this page KALU · quiet · Evidence leans up · 82% evidence 60.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 40.5% · Profit 100% · Operating margin change -1.1 points · 95% evidence Capital efficiency 11.7/25 · ROCE 14.9% · Operating margin 4.5% · 76% evidence Valuation 15.0/20 · P/E 10.7× · PEG 0.38 · 50% evidence Relative strength 6.1/20 · Lead over its industry 1.7% · Lead over S&P 500 -21.2% · 1 year 24.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.1 + 11.7 + 15 + 6.1 = 60.9 · What this means: Earnings are strong; relative strength in its sector is 1.7% and the one-year return is 24.9%. 3. [Alcoa Corporation](https://www.sectoralpha.in/us/stocks/aa) AA · quiet · Evidence leans up · 82% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 11.2% · Profit 35.2% · Operating margin change 13.4 points · 95% evidence Capital efficiency 11.3/25 · ROCE 13.7% · Operating margin 16.2% · 76% evidence Valuation 15.0/20 · P/E 7.3× · PEG 0.22 · 50% evidence Relative strength 6.0/20 · Lead over its industry -10.1% · Lead over S&P 500 -30.9% · 1 year 5.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 26.3 + 11.3 + 15 + 6 = 58.6 · What this means: Earnings are strong; relative strength in its sector is -10.1% and the one-year return is 5.8%. 4. [Century Aluminum Company](https://www.sectoralpha.in/us/stocks/cenx) CENX · quiet · Evidence leans down · 61% evidence 49.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 9.7% · Profit 100% · Operating margin change 25.2 points · 62% evidence Capital efficiency 15.4/25 · ROCE 16.4% · Operating margin 28.1% · 76% evidence Valuation 10.0/20 · P/E 7.6× · PEG n/a · 0% evidence Relative strength 0.0/20 · Lead over its industry -10.7% · Lead over S&P 500 -32% · 1 year 0.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24 + 15.4 + 10 + 0 = 49.4 · What this means: Earnings are strong; relative strength in its sector is -10.7% and the one-year return is 0.8%. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Aluminum](https://www.sectoralpha.in/us/sectors/aluminum), all 4 compared on one page. ## Which companies are close to Kaiser Aluminum in size? Kaiser Aluminum is the 4th largest of 4 Aluminum companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Alcoa Corporation, Century Aluminum Company and Constellium SE. It is the smallest. ### Aluminum companies close in size

1. [Alcoa Corporation](https://www.sectoralpha.in/us/stocks/aa) $10.4 billion
2. [Century Aluminum Company](https://www.sectoralpha.in/us/stocks/cenx) $3.3 billion
3. [Constellium SE](https://www.sectoralpha.in/us/stocks/cstm) $3.1 billion
4. Kaiser Aluminum Corporation $1.9 billion

[All 4 Aluminum companies, largest first](https://www.sectoralpha.in/us/sectors/aluminum#all-companies)

### Companies close in size in other industries

1. [The Bancorp, Inc.](https://www.sectoralpha.in/us/stocks/tbbk) $1.9 billion · Banks - Regional
2. [Diebold Nixdorf, Incorporated](https://www.sectoralpha.in/us/stocks/dbd) $1.9 billion · Software - Application
3. Kaiser Aluminum Corporation $1.9 billion
4. [Visteon Corporation](https://www.sectoralpha.in/us/stocks/vc) $1.9 billion · Auto Parts
5. [Weis Markets, Inc.](https://www.sectoralpha.in/us/stocks/wmk) $1.9 billion · Grocery Stores

## What else do people ask about Kaiser Aluminum? ### What were Kaiser Aluminum's latest quarterly results? Kaiser Aluminum Corporation reported revenue of $1.2 B and net profit of $31.0 M for the Sep 2026 quarter. Revenue rose 44.0% and profit fell 21.5% compared with a year earlier. Earnings per share were $1.84. The operating margin was 4.5%, 1.1 percentage points lower than a year earlier (as of 3 November 2026). ### What is Kaiser Aluminum's market cap? Kaiser Aluminum Corporation's market capitalisation is $1.9 B at a stock price of $118.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Kaiser Aluminum performing? Kaiser Aluminum Corporation's share price has been moving sideways for 5 weeks. In its latest quarter, revenue rose 44.0% and profit fell 21.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 12 weeks running (as of 3 November 2026). ### Will Kaiser Aluminum's stock price go up? This page does not forecast Kaiser Aluminum Corporation's stock price. What it shows instead: the stock price is $118.10, and it has been moving sideways for 5 weeks. Its P/E of 9.1× is higher than 2% of its own last 3 years (as of 3 November 2026). ### Is Kaiser Aluminum's profit real cash? Yes, over the last 3 years, 199% of Kaiser Aluminum Corporation's reported profit came in as cash from operations. The latest year was lower at 99%, so the trend is worth watching. In FY25, operating cash was $111 M against reported profit of $113 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Kaiser Aluminum in its business cycle? Kaiser Aluminum Corporation's FY25 operating margin was 5.5%, against a 5-year range of 0.7% to 5.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 4.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Kaiser Aluminum story? The main question: yearly earnings per share moved +68.4% while the share price moved +30.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Kaiser Aluminum a stock worth studying right now? What the numbers show: Kaiser Aluminum Corporation's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.