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Kaiser Aluminum KALU Electricity — Derivative Assets

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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:DerivativeAssets.

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, 2026 / AssetsAs of June 30, 2026 / LiabilitiesAs of June 30, 2026 / Net AmountAs of December 31, 2025 / AssetsAs of December 31, 2025 / LiabilitiesAs of December 31, 2025 / Net Amount
Fixed price sale contracts for LME0.30.3(0.8)(0.8)
Fixed price purchase contracts for MWP1.6(6.4)(4.8)3.8(0.1)3.7
Fixed price sale contracts for MWP(1.6)(1.6)
Alloying Metals – Fixed price purchase contracts2.92.92.42.4
Natural gas – Fixed price purchase contracts1.0(2.7)(1.7)0.7(1.3)(0.6)
Electricity – Fixed price purchase contracts1.2(2.9)(1.7)
Foreign currency – Fixed price forward contracts0.10.1
Total$7.4$(24.6)$(17.2)$9.6$(3.8)$5.8

Item 1. Financial Statements

FAQ

What is Kaiser Aluminum's electricity — derivative assets?
Kaiser Aluminum (KALU) reported electricity — derivative assets of $1.2M in Q2 2026.
What does electricity — derivative assets mean?
This represents the fair value of electricity-related derivative contracts that are in a gain position at the reporting date. It reflects the potential economic benefit the company holds from its energy hedging instruments. Monitoring this helps investors understand the current market value of the company's active energy hedge portfolio.

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