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Kaiser Aluminum KALU Contract Assets

Contract Assets at other companies

APO
Apogee EnterprisesAPOG
$59.34M-14.6%
ATI logo
ATIATI
$95.9M+11.0%

Other financials

Income statement

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Revenue$1.3B+52.7%
Gross profit$199.0M+98.4%
Operating income$133.7M+252%
Net income$96.8M+317%
EPS (diluted)$5.72+306%

Balance sheet

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Cash & equivalents$58.5M+347%
Total debt$1.1B-3.4%
Total equity$943.8M+21.6%
Total assets$2.9B+15.8%

Cash flow

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Operating cash flow$59.5M+274%
CapEx$24.4M-44.0%
Free cash flow$35.1M+227%

Valuation

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Market cap$3.02B+158%
Enterprise value$4.03B+78.0%
P/E13.3×-2.7×
P/S0.7×+0.4×

Profitability

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Gross margin14.5%+2.6pp
Operating margin8.2%+4.0pp
Net margin5.5%+3.1pp
FCF margin2.1%+1.5pp

Returns & leverage

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Return on equity26.4%+16.6pp
Debt / equity1.1×-0.3×
Current ratio2.5×-0.2×

Where this comes from

Reported directly by Kaiser Aluminum in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Kaiser Aluminum’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 5:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-314580
Line itemAs of June 30, 2026As of December 31, 2025
Current assets:
Cash and cash equivalents$58.5$7.0
Receivables, net575.0423.3
Contract assets72.363.4
Inventories848.1725.2
Prepaid expenses and other current assets47.942.6
Total current assets1,601.81,261.5
Property, plant and equipment, net1,143.71,145.2

Item 1. Financial Statements

FAQ

What is Kaiser Aluminum's contract assets?
Kaiser Aluminum (KALU) reported contract assets of $72.3M in Q2 2026.
How has Kaiser Aluminum's contract assets changed year-over-year?
Kaiser Aluminum's contract assets increased by 4.6% year-over-year, from $69.1M to $72.3M.
What is the long-term trend for Kaiser Aluminum's contract assets?
Over 5 years (2020 to 2025), Kaiser Aluminum's contract assets has grown at a 11.9% compound annual growth rate (CAGR), from $36.1M to $63.4M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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