What is Kaiser Aluminum's capex?

Kaiser Aluminum (KALU) reported capex of $19.4M in Q1 2026.

How has Kaiser Aluminum's capex changed year-over-year?

Kaiser Aluminum's capex decreased by 49.2% year-over-year, from $38.2M to $19.4M.

What is the long-term trend for Kaiser Aluminum's capex?

Over 4 years (2021 to 2025), Kaiser Aluminum's capex has grown at a 23.9% compound annual growth rate (CAGR), from $58M to $136.9M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Kaiser Aluminum KALU CapEx

CapEx at other companies

Century AluminumCENX

$74.8M+253%

ConstelliumCSTM

$72M+4.3%

AlcoaAA

$119M+28.0%

MaterionMTRN

$15.29M+24.1%

ATIATI

$55.2M+3.6%

Howmet AerospaceHWM

$94M-21.0%

Other financials

Income statement

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Revenue$1.1B+42.4%

Gross profit$163.6M+57.3%

Operating income$97.8M+136%

Net income$62.5M+189%

EPS (diluted)$3.71+183%

Balance sheet

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Cash & equivalents$30.0M+40.8%

Total debt$1.1B-0.4%

Total equity$877.3M+15.9%

Total assets$2.8B+14.4%

Cash flow

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Operating cash flow$87.9M+54.2%

Free cash flow$68.5M+264%

Valuation

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Market cap$2.93B+100%

Enterprise value$3.97B+47.5%

P/E19.1×-2.1×

P/S0.8×+0.3×

Profitability

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Gross margin13.6%+1.3pp

Operating margin6.6%+2.4pp

Net margin4.1%+1.9pp

FCF margin0.7%+0.4pp

Returns & leverage

See full

Return on equity18.8%+9.4pp

Debt / equity1.2×-0.2×

Current ratio2.5×-0.2×

Where this comes from

Reported directly by Kaiser Aluminum in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Kaiser Aluminum’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Kaiser Aluminum's capex?: Kaiser Aluminum (KALU) reported capex of $19.4M in Q1 2026.
How has Kaiser Aluminum's capex changed year-over-year?: Kaiser Aluminum's capex decreased by 49.2% year-over-year, from $38.2M to $19.4M.
What is the long-term trend for Kaiser Aluminum's capex?: Over 4 years (2021 to 2025), Kaiser Aluminum's capex has grown at a 23.9% compound annual growth rate (CAGR), from $58M to $136.9M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.