CENXNasdaqPrimary Production of AluminumFiscal year ends December 31
CENTURY ALUMINUM CO
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$34.36−0.67 (-1.91%)
Close on Oct 19, 2026
- Market cap
- $3.60B
- P/E (TTM)
- 5.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
10.1%+12.4 pts over 5 years
Operating margin
6.3%+11.3 pts over 5 years
Net margin
1.7%+9.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.9% | -3.1% | +9.5% | +2.6% | |
| Gross profit | +49.1% | +76.4% | – | +20.0% | |
| Operating income | +45.8% | – | – | – | |
| Net income | -87.6% | – | – | – | |
| EPS, diluted | -87.2% | – | – | – | |
| Free cash flow | – | – | +23.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -28.6% | -20.2% | 5.6% | |
| Return on assets | -15.3% | -8.5% | 1.9% | |
| Current ratio | 2.46 | 1.90 | 1.97 | |
| Debt to equity | – | – | – | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | -10.3× | -2.7× | – | |
| Inventory turnover | 5.7× | 5.4× | 4.3× | |
| Capex to revenue | 1.7% | 0.8% | 4.0% | |
| Diluted shares | 87M | 90M | 95M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Century Aluminum generated $405.80M from operations and spent $446.80M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$405.80M
Used
$446.80M
Capital expenditure$446.80M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.7%
×Asset turnover1.15×
×Equity multiplier2.93×
=Return on equity, FY20255.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.7% | 1.15× | 2.93× | 5.6% |
| FY2024 | 15.2% | 1.07× | 3.95× | 64.2% |
| FY2023 | -2.0% | 1.25× | 4.64× | -11.4% |
| FY2022 | -0.5% | 1.83× | 3.71× | -3.4% |
| FY2021 | -7.6% | 1.49× | 3.07× | -34.6% |
| FY2020 | -7.7% | 1.11× | 2.37× | -20.2% |
| FY2019 | -4.4% | 1.21× | 2.11× | -11.2% |
| FY2018 | -3.5% | 1.21× | 1.96× | -8.3% |
| FY2017 | 3.1% | 1.02× | 1.97× | 6.1% |
| FY2016 | -19.1% | 0.80× | 1.87× | -28.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$41.80M
- Cash generatingOperating cash flow above zero$185.00M
- Return on assets improvedROA up on the prior year16.6% → 2.0%
- Earnings backed by cashOperating cash flow above net income$185.00M vs $41.80M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.74 → 1.97
- No dilutionShare count did not rise98M → 95M
- Gross margin improvedGross margin up on the prior year7.75% → 10.14%
- More efficientAsset turnover rose1.09 → 1.19