Kaiser Aluminum Corp balance sheet

At the end of fiscal 2025, Kaiser Aluminum Corp had total assets of $2.56bn, total liabilities of $1.74bn and shareholders' equity of $826m. It held $7.0m in cash against $1.06bn of debt.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Kaiser Aluminum Corp: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Cash and equivalents	30	273	50	273	170	178	73	55	51	126	264	780	303	57	82	18	7	117
Receivables	84	83	99	124	120	129	117	138	165	180	167	113	333	297	325	320	423	532
Inventory	125	168	206	186	214	215	220	202	167	215	178	152	405	525	551	602	725	848
Total current assets	301	471	435	742	691	825	502	656	672	657	780	1,121	1,205	1,043	990	1,075	1,262	1,615
Goodwill	—	3	37	37	37	37	37	37	19	44	19	19	39	19	19	19	19	19
Total assets	1,086	1,319	1,321	1,753	1,771	1,744	1,247	1,444	1,397	1,419	1,526	1,865	2,422	2,289	2,267	2,410	2,565	2,918
Accounts payable	49	51	62	63	63	81	77	76	90	121	92	86	351	305	253	267	275	431
Deferred revenue (current)	—	11	14	7	0	0	1	0	—	—	0	0	0	0	0	0	0	0
Total current liabilities	123	142	150	162	151	426	169	165	175	206	170	158	457	419	370	401	427	615
Short-term debt	—	—	—	—	0	173	0	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	7	12	151	380	389	225	195	369	370	370	493	838	1,036	1,038	1,040	1,042	1,060	1,039
Total debt	7	13	151	380	389	398	195	369	370	370	493	838	1,036	1,038	1,040	1,042	1,060	1,039
Total liabilities	184	430	448	682	687	728	473	639	640	679	792	1,132	1,730	1,658	1,615	1,667	1,739	1,943
Shareholders' equity	870	889	873	1,071	1,084	1,016	774	805	756	740	734	732	693	631	708	743	826	976
Non-controlling interests and other (assets − liabilities − equity)	31	—	—	—	—	—	—	—	—	—	—	—	—	—	−56	—	—	—
Shares outstanding	20m	19m	19m	19m	18m	18m	18m	18m	17m	16m	16m	16m	16m	16m	16m	16m	16m	16m

US$ millions unless shown otherwise. Fiscal quarters.

Kaiser Aluminum Corp: balance sheet, quarterly
Quarter	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026	2026 Q3Sept 2026
Receivables	320	347	379	389	423	529	575	532
Inventory	602	572	596	702	725	799	848	848
Total current assets	1,075	1,094	1,151	1,244	1,262	1,487	1,602	1,615
Goodwill	19	19	19	19	19	19	19	19
Total assets	2,410	2,440	2,513	2,592	2,565	2,790	2,910	2,918
Accounts payable	267	290	318	393	275	494	507	431
Deferred revenue (current)	0	0	0	0	0	0	0	0
Total current liabilities	401	410	426	501	427	602	642	615
Long-term debt	1,042	1,042	1,075	1,043	1,060	1,038	1,038	1,039
Total debt	1,042	1,042	1,075	1,043	1,060	1,038	1,038	1,039
Total liabilities	1,667	1,683	1,737	1,786	1,739	1,913	1,966	1,943
Shareholders' equity	743	757	776	806	826	877	944	976
Shares outstanding	16m	16m	16m	16m	16m	16m	16m	16m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: CENX vs KALU CSTM vs KALU AA vs KALU

More: Aluminum stocks compared, Materials sector, rankings of US companies

Figures from Kaiser Aluminum Corp's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Kaiser Aluminum Corp.