Alcoa vs Kaiser Aluminum
Alcoa is the larger business, with $12.83bn of revenue in fiscal 2025 against $3.37bn for Kaiser Aluminum (3.8 times as much). Kaiser Aluminum grew faster (11.5% against 7.9%). Alcoa kept more of each dollar of sales as profit: a net margin of 9.0% against 3.3%.
| Latest fiscal year | AlcoaAA, 2025 | Kaiser AluminumKALU, 2025 |
|---|---|---|
| Revenue | $12.83bn | $3.37bn |
| Revenue growth | 7.9% | 11.5% |
| Net income | $1.16bn | $113m |
| Operating margin | — | — |
| Net margin | 9.0% | 3.3% |
| Return on equity | 20.5% | 14.3% |
| Free cash flow | $567m | −$25.5m |
| Cash | $1.60bn | $7.0m |
| Total debt | $2.45bn | $1.06bn |
| Debt to equity | 40.0% | — |
| Dividend per share | — | $3.08 |
| Dividend yield | 1.0% | 2.7% |
| Share buybacks | — | — |
| Employees | 14,900 | 3,840 |
| Market value | $10.51bn | $1.93bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 36 (Weak) | 35 (Weak) |
| Insider trades, 12 months | 0 buys, 4 sales | 0 buys, 10 sales |