Kaiser Aluminum

Kaiser Aluminum

Produces semi-fabricated specialty aluminum products

Overview

Kaiser Aluminum is a North American producer of semi-fabricated aluminum products. It manufactures plate, sheet, coil, extrusions, and forgings and uses value-added fabrication to deliver engineered aluminum parts, often with a pass-through pricing model to manage metal-cost volatility. The company differentiates itself through long-standing vertical integration from primary production to fabrication and by serving high-barrier markets such as aerospace, defense, automotive, and packaging, including its 2021 expansion via Warrick to boost packaging capabilities. Its goal is to provide engineered aluminum solutions and value-added products to North American customers for critical industries like aerospace, automotive, defense, and packaging.

About Kaiser Aluminum

Simplify's Rating
Why Kaiser Aluminum is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Aerospace

Defense

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Franklin, Tennessee

Founded

1946

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Simplify's Take

What believers are saying

  • Q2 2026 net sales hit $1.3 billion, and adjusted EBITDA reached $166 million.
  • Management raised 2026 EBITDA growth to 45%-55% on July 22, 2026.
  • Packaging coated mix and stronger aerospace demand drove Q2 2026 conversion revenue to $437 million.

What critics are saying

  • NLRB Case 25-CA-381479 in Newburgh, filed February 19, 2026, signals labor friction.
  • Q2 2026 EBITDA relied on $27 million metal lag tailwinds that normalize by late 2026.
  • Automotive extrusions stayed weak in Q1 2026; a 2027 slump can drag utilization and margins.

What makes Kaiser Aluminum unique

  • Warrick’s fourth coating line and Trentwood give Kaiser scarce coated-sheet and plate scale.
  • Kaiser’s 2026 mix shift to coated packaging and aerospace lifts conversion revenue per pound.
  • Its pass-through pricing model and metal lag management reduce raw aluminum volatility.

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Funding

Total Funding

$577.6M

Above

Industry Average

Funded Over

2 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

401(k) Company Match

Paid Vacation

Relocation Assistance

Employee Resource Groups

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Yahoo Finance
Jul 22nd, 2026
Kaiser Aluminum reports record Q2 results with $437M conversion revenue and $166M adjusted EBITDA

Kaiser Aluminum Corporation reported record second quarter 2026 financial results, with net sales reaching $1.3 billion and conversion revenue of $437 million. The company posted net income of $97 million, or $5.72 per diluted share. Adjusted EBITDA totalled $166 million, with a margin of 38.1%. The company's net debt leverage ratio improved to 2.1x. Kaiser declared a quarterly dividend of $0.77 and raised its full year outlook. Chairman Keith Harvey attributed the strong performance to favourable end-market positioning, higher-value packaging mix, improving aerospace demand, and beneficial scrap spreads. Metal price lag provided a tailwind of approximately $27 million for the quarter. The Franklin, Tennessee-based company produces semi-fabricated specialty aluminium products for aerospace, packaging, engineering, and automotive applications.

Metal.com
Jul 7th, 2026
[SMM Aluminum Express News] Louisiana State Employees' Retirement Syst - Shanghai Metals Market (SMM)

[SMM Aluminum Express News] Louisiana State Employees' Retirement System (LASERS) has disclosed a new investment in Kaiser Aluminum, acquiring 7,100 s

Yahoo Finance
May 4th, 2026
Kaiser Aluminum director sells 1,524 shares worth $261K amid rising aluminum demand

Kaiser Aluminum Corporation director Richard Grimley sold 1,524 shares of common stock for approximately $261,000, according to an SEC Form 4 filing. The transaction was executed at a weighted average price of $171.52 per share, slightly below the 29 April 2026 closing price of $172.52. The sale represented 25% of Grimley's direct holdings, reducing his position from 6,102 to 4,578 shares. All shares were sold from direct ownership, with no indirect holdings, trusts or options involved. Kaiser Aluminum manufactures semi-fabricated specialty aluminium mill products for aerospace, packaging, automotive and general engineering applications. The company reported revenue of $3.7 billion and net income of $153.4 million for the trailing twelve months.

Yahoo Finance
Apr 30th, 2026
Jim Cramer says Kaiser Aluminum 'just straight up', can't recommend despite strong Q1 results

Kaiser Aluminum Corporation reported strong Q1 2026 results on 22 April, with non-GAAP earnings per share of $3.74, beating estimates by $1.78. Revenues rose 41.6% year-over-year to $1.1 billion, exceeding estimates by $100.1 million. The semi-fabricated specialty aluminium products manufacturer expects 10% to 15% improvement in conversion revenue and 20% to 30% growth in adjusted EBITDA for full-year 2026. Despite the strong performance and tailwinds from tariffs, CNBC's Jim Cramer declined to recommend the stock during Mad Money's lightning round, citing its sharp recent price appreciation. "I can't recommend it. It's just straight up," Cramer told a caller asking about the company.

Yahoo Finance
Apr 27th, 2026
Kaiser Aluminum beats EPS forecast by 87%, analysts raise price target 8.4% to $156

Kaiser Aluminum Corporation has raised $120 million in a Series C round led by Ribbit Capital, valuing the company at $1.45 billion. Sequoia and Kleiner Perkins participated, with Emerson Collective joining as a new backer. The pre-revenue company is developing "Mathematical Superintelligence", an AI system focused on advanced reasoning that claims to eliminate hallucinations by requiring outputs in Lean4 programming language. Its flagship model, Aristotle, achieved top-level performance at the International Mathematical Olympiad in July alongside Google and OpenAI. Founded in 2023, Harmonic has raised $295 million across three funding rounds in 14 months. The company currently offers Aristotle via a free API to mathematicians and researchers, and plans future commercialisation in safety-critical sectors like aerospace and finance.

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