NASDAQ : CENX
Century Aluminum Company — Financial statements
Materials · Aluminum · United States
Last price 34.65 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.43B
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Financial statements
Century Aluminum Company (CENX) reported revenue of 2.67B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.67B | 2.53B | 2.22B | 2.19B | 2.78B | 2.21B |
| Cost of Revenue | 2.16B | 2.28B | 2.05B | 2.10B | 2.73B | 2.09B |
| Gross Profit | 503.80M | 248.00M | 172.00M | 87.60M | 46.70M | 124.20M |
| Selling, General & Admin | 95.10M | 79.90M | 56.80M | 42.90M | 37.50M | 64.90M |
| Other Operating Expenses | 13.80M | 10.00M | 6.80M | 15.80M | -6.70M | |
| Operating Expenses | 108.90M | 89.90M | 63.60M | 58.70M | 37.50M | 58.20M |
| Operating Income | 394.90M | 158.10M | 108.40M | 28.90M | 9.20M | 66.00M |
| Interest Expense | -44.80M | -47.70M | -43.10M | -35.50M | -29.30M | -30.40M |
| Interest & Investment Income | 13.00M | 9.20M | 2.10M | 2.00M | 500.00K | 800.00K |
| Earnings From Equity Investments | -2.80M | -1.80M | -17.80M | -100.00K | -100.00K | -100.00K |
| Other Non Operating Income (Expenses) | -139.00M | -109.20M | -3.50M | -65.10M | 212.40M | -209.30M |
| EBT Excluding Unusual Items | 221.30M | 8.60M | 46.10M | -69.80M | 192.70M | -173.00M |
| Merger & Restructuring Charges | -1.40M | |||||
| Asset Writedown | -159.40M | |||||
| Other Unusual Items | -7.70M | -7.70M | 245.90M | -24.70M | ||
| Pretax Income | 574.60M | 900.00K | 292.00M | -71.20M | 33.30M | -197.70M |
| Income Tax Expense | 500.00K | -13.10M | 3.20M | -14.60M | 47.40M | -30.60M |
| Earnings From Continuing Operations | 574.10M | 14.00M | 288.80M | -56.60M | -14.10M | -167.10M |
| Minority Interest in Earnings | 27.60M | 26.00M | 30.10M | 13.50M | ||
| Net Income | 601.70M | 40.00M | 318.90M | -43.10M | -14.10M | -167.10M |
| Preferred Dividends & Other Adjustments | -1.30M | |||||
| Net Income to Common | 603.00M | 40.00M | 318.90M | -43.10M | -14.10M | -167.10M |
| Shares Outstanding (Basic) | 97.05M | 94.20M | 92.80M | 92.40M | 91.40M | 90.20M |
| Shares Outstanding (Diluted) | 100.35M | 95.30M | 98.40M | 92.40M | 91.40M | 90.20M |
| EPS (Basic) | 6.21 | 0.42 | 3.44 | -0.47 | -0.15 | -1.85 |
| EPS (Diluted) | 6.02 | 0.42 | 3.27 | -0.47 | -0.15 | -1.85 |
| Free Cash Flow | 151.20M | 84.80M | -106.90M | 10.60M | -60.40M | -147.70M |
| Free Cash Flow Per Share | 1.51 | 0.89 | -1.09 | 0.12 | -0.66 | -1.64 |
| Gross Margin | 18.89% | 9.81% | 7.75% | 4.01% | 1.68% | 5.61% |
| Operating Margin | 14.81% | 6.25% | 4.88% | 1.32% | 0.33% | 2.98% |
| Profit Margin | 22.61% | 1.58% | 14.36% | -1.97% | -0.51% | -7.55% |
| Free Cash Flow Margin | 5.67% | 3.36% | -4.81% | 0.48% | -2.17% | -6.68% |
| EBITDA | 479.00M | 249.90M | 195.10M | 107.90M | 82.60M | 148.60M |
| EBITDA Margin | 17.96% | 9.89% | 8.79% | 4.94% | 2.97% | 6.72% |
| D&A For EBITDA | 84.10M | 91.80M | 86.70M | 79.00M | 73.40M | 82.60M |
| EBIT | 394.90M | 158.10M | 108.40M | 28.90M | 9.20M | 66.00M |
| EBIT Margin | 14.81% | 6.25% | 4.88% | 1.32% | 0.33% | 2.98% |
| Effective Tax Rate | 0.09% | 1.10% | 142.34% | |||
| Revenue as Reported | 2.67B | 2.53B | 2.22B | 2.19B | 2.78B | 2.21B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 343.40M | 134.20M | 32.90M | 88.80M | 54.30M | 29.00M |
| Cash & Short-Term Investments | 343.40M | 134.20M | 32.90M | 88.80M | 54.30M | 29.00M |
| Accounts Receivable | 149.20M | 139.50M | 100.90M | 73.90M | 71.70M | 88.90M |
| Other Receivables | 241.90M | 210.70M | 102.80M | 95.50M | ||
| Receivables | 391.10M | 350.20M | 203.70M | 169.40M | 71.70M | 88.90M |
| Inventory | 582.90M | 519.60M | 539.00M | 477.00M | 398.80M | 425.60M |
| Prepaid Expenses | 31.40M | 24.40M | 28.30M | 27.50M | 24.50M | 28.20M |
| Restricted Cash | 46.30M | 1.40M | 2.80M | 1.50M | 1.20M | 11.70M |
| Other Current Assets | 6.50M | 1.50M | 4.20M | 2.90M | 127.30M | 34.80M |
| Total Current Assets | 1.40B | 1.03B | 810.90M | 767.10M | 677.80M | 618.20M |
| Property, Plant & Equipment | 1.25B | 1.19B | 1.17B | 1.03B | 765.30M | 915.40M |
| Other Long-Term Assets | 220.50M | 46.00M | 138.30M | 50.50M | 28.90M | 36.30M |
| Total Assets | 2.88B | 2.27B | 2.12B | 1.85B | 1.47B | 1.57B |
| Accounts Payable | 216.60M | 187.20M | 187.30M | 249.50M | 167.30M | 186.50M |
| Accrued Expenses | 118.70M | 105.50M | 92.40M | 86.70M | 68.80M | 70.00M |
| Short-Term Debt | 10.00M | 71.40M | ||||
| Current Portion of Long-Term Debt | 68.80M | 70.90M | 38.30M | 146.10M | 50.00M | |
| Current Portion of Leases | 2.60M | 3.00M | 2.30M | 1.80M | 1.60M | |
| Current Unearned Revenue | 32.30M | 31.20M | 41.20M | |||
| Other Current Liabilities | 141.80M | 128.30M | 72.50M | 376.20M | 26.70M | 167.90M |
| Total Current Liabilities | 509.40M | 523.60M | 467.30M | 763.00M | 410.70M | 547.40M |
| Long-Term Debt | 480.00M | 479.50M | 457.30M | 430.90M | 381.60M | 329.80M |
| Long-Term Leases | 22.00M | 18.70M | 21.90M | 20.90M | 22.90M | |
| Pension & Post-Retirement Benefits | 92.10M | 97.70M | 144.90M | 120.30M | 118.00M | 121.90M |
| Long-Term Deferred Tax Liabilities | 70.50M | 58.40M | 71.20M | 72.40M | 103.10M | 58.70M |
| Other Long-Term Liabilities | 188.60M | 158.20M | 155.20M | 93.90M | 38.40M | 68.20M |
| Total Liabilities | 1.34B | 1.34B | 1.31B | 1.50B | 1.07B | 1.15B |
| Common Stock | 1.10M | 1.10M | 1.00M | 1.00M | 1.00M | 1.00M |
| Additional Paid-In Capital | 2.57B | 2.57B | 2.55B | 2.54B | 2.54B | 2.54B |
| Retained Earnings | -1.04B | -1.63B | -1.67B | -2.00B | -1.96B | -1.95B |
| Treasury Stock | -86.30M | -86.30M | -86.30M | -86.30M | -86.30M | -86.30M |
| Comprehensive Income & Other | -47.60M | -55.20M | -103.30M | -97.90M | -94.00M | -82.30M |
| Total Common Equity | 1.40B | 805.60M | 694.40M | 355.60M | 399.30M | 421.00M |
| Minority Interest | 131.40M | 124.30M | 111.00M | -11.50M | ||
| Shareholders' Equity | 1.53B | 929.90M | 805.40M | 344.10M | 399.30M | 421.00M |
| Total Liabilities & Equity | 2.88B | 2.27B | 2.12B | 1.85B | 1.47B | 1.57B |
| Total Debt | 480.00M | 572.90M | 549.90M | 503.40M | 550.40M | 475.70M |
| Net Cash (Debt) | -136.60M | -438.70M | -517.00M | -414.60M | -496.10M | -446.70M |
| Net Cash Per Share | -1.36 | -4.60 | -5.25 | -4.49 | -5.43 | -4.95 |
| Filing Date Shares Outstanding | 98.99M | 98.97M | 92.29M | 92.70M | 92.32M | 91.23M |
| Total Common Shares Outstanding | 98.99M | 98.97M | 93.29M | 92.69M | 92.32M | 91.23M |
| Working Capital | 892.20M | 507.70M | 343.60M | 4.10M | 267.10M | 70.80M |
| Book Value Per Share | 14.17 | 8.14 | 7.44 | 3.84 | 4.32 | 4.61 |
| Tangible Book Value | 1.40B | 805.60M | 694.40M | 355.60M | 399.30M | 421.00M |
| Tangible Book Value Per Share | 14.17 | 8.14 | 7.44 | 3.84 | 4.32 | 4.61 |
| Land | 174.00M | 167.10M | 105.10M | 39.80M | 40.10M | |
| Buildings | 782.60M | 421.40M | 328.80M | 305.70M | 341.10M | |
| Machinery | 1.36B | 1.71B | 1.58B | 1.50B | 1.52B | |
| Construction In Progress | 114.20M | 44.70M | 160.30M | 59.00M | 89.60M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 601.70M | 40.00M | 318.90M | -43.10M | -14.10M | -167.10M |
| Depreciation & Amortization | 84.10M | 91.80M | 86.70M | 79.00M | 73.40M | 82.60M |
| Loss (Gain) From Sale of Assets | -287.90M | -2.30M | ||||
| Asset Writedown & Restructuring Costs | 159.40M | |||||
| Stock-Based Compensation | 54.20M | 47.00M | 15.40M | 6.60M | ||
| Other Operating Activities | 71.00M | 60.70M | -262.80M | 39.60M | -149.40M | 95.30M |
| Change in Accounts Receivable | -49.70M | -24.00M | -18.30M | 36.90M | 13.70M | -16.20M |
| Change in Inventory | -85.10M | 10.80M | -64.30M | 25.80M | -12.80M | -134.50M |
| Change in Accounts Payable | 37.30M | 1.40M | -50.60M | -19.40M | -15.80M | 44.80M |
| Change in Other Net Operating Assets | -84.80M | -42.70M | -47.30M | -19.80M | -28.50M | 30.40M |
| Operating Cash Flow | 340.80M | 185.00M | -24.60M | 105.60M | 25.90M | -64.70M |
| Capital Expenditures | -189.60M | -100.20M | -82.30M | -95.00M | -86.30M | -83.00M |
| Sale of Property, Plant & Equipment | 2.30M | 25.70M | 800.00K | 400.00K | ||
| Cash Acquisitions | 11.50M | |||||
| Other Investing Activities | 13.60M | |||||
| Investing Cash Flow | 24.00M | -100.20M | -80.00M | -57.80M | -85.50M | -82.60M |
| Short-Term Debt Issued | 28.10M | 36.80M | ||||
| Long-Term Debt Issued | 1.28B | 760.40M | 721.90M | 1.19B | 1.32B | |
| Total Debt Issued | 989.60M | 1.31B | 760.40M | 758.70M | 1.19B | 1.32B |
| Short-Term Debt Repaid | -28.30M | -10.00M | ||||
| Long-Term Debt Repaid | -1.26B | -713.10M | -771.70M | -1.11B | -1.18B | |
| Total Debt Repaid | -996.00M | -1.29B | -723.10M | -771.70M | -1.11B | -1.18B |
| Net Debt Issued (Repaid) | -6.40M | 23.70M | 37.30M | -13.00M | 75.90M | 134.90M |
| Repurchase of Common Stock | -22.20M | -17.50M | ||||
| Other Financing Activities | 10.00M | 8.90M | 12.70M | -1.50M | -31.20M | |
| Financing Cash Flow | -18.60M | 15.10M | 50.00M | -13.00M | 74.40M | 103.70M |
| Net Cash Flow | 346.20M | 99.90M | -54.60M | 34.80M | 14.80M | -43.60M |
| Free Cash Flow | 151.20M | 84.80M | -106.90M | 10.60M | -60.40M | -147.70M |
| Free Cash Flow Margin | 5.67% | 3.36% | -4.81% | 0.48% | -2.17% | -6.68% |
| Free Cash Flow Per Share | 1.51 | 0.89 | -1.09 | 0.12 | -0.66 | -1.64 |
| Levered Free Cash Flow | -46.29M | 47.30M | -358.09M | 381.27M | -221.96M | 41.35M |
| Unlevered Free Cash Flow | -18.29M | 77.11M | -331.15M | 403.46M | -203.65M | 60.35M |
| Cash Interest Paid | 36.30M | 36.60M | 36.00M | 35.20M | 27.00M | 36.80M |
| Cash Income Tax Paid | 8.00M | 4.80M | 14.50M | 5.90M | 900.00K | 3.10M |
| Change in Working Capital | -182.30M | -54.50M | -180.50M | 23.50M | -43.40M | -75.50M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.34B | 3.66B | 1.69B | 1.12B | 747.22M | 1.49B |
| Enterprise Value | 3.47B | 4.08B | 2.12B | 1.62B | 1.19B | 1.85B |
| Last Close Price | 33.70 | 39.18 | 18.22 | 12.14 | 8.18 | 16.56 |
| PE Ratio | 5.59 | 91.43 | 5.30 | |||
| Forward PE | 2.60 | 5.88 | 8.21 | 50.31 | 12.64 | 5.22 |
| PS Ratio | 1.25 | 1.45 | 0.76 | 0.51 | 0.27 | 0.68 |
| PB Ratio | 2.38 | 3.93 | 2.10 | 3.26 | 1.87 | 3.54 |
| P/TBV Ratio | 2.38 | 4.54 | 2.44 | 3.15 | 1.87 | 3.54 |
| P/FCF Ratio | 22.06 | 43.13 | 105.83 | |||
| P/OCF Ratio | 9.79 | 19.77 | 10.62 | 28.85 | ||
| PEG Ratio | 1.89 | 1.89 | 1.89 | 1.89 | 1.89 | |
| EV/Sales Ratio | 1.30 | 1.61 | 0.95 | 0.74 | 0.43 | 0.83 |
| EV/EBITDA Ratio | 7.25 | 16.33 | 10.87 | 14.98 | 14.45 | 12.43 |
| EV/EBIT Ratio | 8.79 | 25.80 | 19.56 | 55.94 | 129.74 | 27.98 |
| EV/FCF Ratio | 22.97 | 48.11 | 152.53 | |||
| Debt / Equity Ratio | 0.31 | 0.62 | 0.68 | 1.46 | 1.38 | 1.13 |
| Debt / EBITDA Ratio | 0.98 | 2.21 | 2.70 | 4.44 | 6.29 | 3.09 |
| Debt / FCF Ratio | 3.17 | 6.76 | 47.49 | |||
| Net Debt / Equity Ratio | 0.09 | 0.47 | 0.64 | 1.21 | 1.24 | 1.06 |
| Net Debt / EBITDA Ratio | 0.28 | 1.76 | 2.65 | 3.84 | 6.01 | 3.01 |
| Net Debt / FCF Ratio | 0.90 | 5.17 | -4.84 | 39.11 | -8.21 | -3.02 |
| Asset Turnover | 1.11 | 1.15 | 1.12 | 1.32 | 1.83 | 1.49 |
| Inventory Turnover | 3.95 | 4.31 | 4.03 | 4.79 | 6.62 | 5.83 |
| Quick Ratio | 1.44 | 0.93 | 0.51 | 0.34 | 0.31 | 0.21 |
| Current Ratio | 2.75 | 1.97 | 1.74 | 1.00 | 1.65 | 1.13 |
| Return on Equity (ROE) | 51.75% | 1.61% | 50.25% | -15.23% | -3.44% | -34.56% |
| Return on Assets (ROA) | 10.23% | 4.50% | 3.42% | 1.09% | 0.38% | 2.78% |
| Return on Invested Capital (ROIC) | 24.22% | 11.75% | 10.30% | 3.49% | -0.44% | 7.89% |
| Return on Capital Employed (ROCE) | 16.70% | 9.10% | 6.60% | 2.70% | 0.90% | 6.50% |
| Earnings Yield | 17.88% | 1.09% | 18.86% | -3.84% | -1.89% | -11.20% |
| FCF Yield | 4.53% | 2.32% | -6.32% | 0.95% | -8.08% | -9.90% |
| Buyback Yield / Dilution | -4.21% | 3.15% | -6.49% | -1.09% | -1.33% | -0.78% |