Kaiser Aluminum Corp cash flow statement

In fiscal 2025, Kaiser Aluminum Corp's operations generated $111m of cash; it spent $137m on capital projects, leaving free cash flow of −$25.5m. It returned $51.3m in dividends.

Cash flow statement

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

Kaiser Aluminum Corp: cash flow statement, 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 from operations	128	66	63	152	112	124	160	166	142	150	232	207	79	−63	212	167	111	228
Depreciation and amortisation	16	20	25	27	28	31	32	36	40	44	49	52	92	107	109	116	123	119
Stock-based pay	9	5	5	6	7	7	10	12	13	10	10	10	13	14	16	14	19	19
Capital spending	59	39	33	44	70	59	63	76	76	74	60	52	58	143	143	181	137	103
Free cash flow	69	27	30	108	41	65	97	90	66	76	172	155	21	−206	69	−14	−26	125
Free cash flow after stock pay	59	23	25	103	35	58	87	78	53	66	162	145	9	−220	53	−28	−44	106
Dividends paid	20	19	19	20	23	25	28	32	35	38	39	43	47	50	50	51	51	52
Share buybacks	0	44	0	0	78	44	49	33	80	61	44	13	—	—	—	—	—	—

US$ millions unless shown otherwise. Fiscal quarters.

Kaiser Aluminum Corp: cash flow statement, 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
Cash from operations	43	57	16	59	−21	88	60	101
Depreciation and amortisation	30	30	30	32	31	30	30	28
Stock-based pay	3	4	4	5	5	6	5	4
Capital spending	56	38	44	25	31	19	24	28
Free cash flow	−13	19	−28	35	−51	69	35	72
Free cash flow after stock pay	−15	15	−32	30	−56	63	31	69

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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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.