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Century Alum Co Financials

CENX
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Century Alum Co (CENX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CENX FY2025

Margin recovery is finally becoming self-funded cash generation, with Century Aluminum converting better operations into stronger liquidity.

The clearest shift is in cash conversion: one year delivered $319M of net income but -$24.6M of operating cash flow. The latest year reversed that, producing $185M of operating cash flow on just $40M of net income, so the business ended the period with stronger cash backing than its earnings headline implies.

This looks like a margin-led recovery more than a volume story: gross margin reached 10.1% after a prior low of 4.0%. Because sales did not need to surge to produce that change, the improvement looks more like better cost absorption or mix than simple top-line expansion, which is a more structural change in how revenue turns into operating profit.

Operating cash flow of $185M covered capital spending of $100.2M, so reinvestment no longer consumed all internally generated cash or required outside funding to bridge the gap. Inventory fell to $519.6M from $539M even as sales expanded, which suggests working capital stopped swallowing cash and started supporting liquidity.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 44 / 100
Financial Health Score 44/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Century Alum Co's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
43

Century Alum Co has an operating margin of 6.3%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 43/100, indicating healthy but not exceptional operating efficiency. This is up from 4.9% the prior year.

Growth
59

Century Alum Co's revenue grew 13.9% year-over-year to $2.5B, a solid pace of expansion. This earns a growth score of 59/100.

Leverage
33

Century Alum Co has a moderate D/E ratio of 1.82. This balance of debt and equity financing earns a leverage score of 33/100.

Liquidity
57

Century Alum Co's current ratio of 1.97 indicates adequate short-term liquidity, earning a score of 57/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
29

Century Alum Co's free cash flow margin of 3.4% results in a low score of 29/100. Capital expenditures of $100.2M absorb a large share of operating cash flow.

Returns
42

Century Alum Co's ROE of 5.0% shows moderate profitability relative to equity, earning a score of 42/100. This is down from 45.9% the prior year.

Altman Z-Score Grey Zone
2.42

Century Alum Co scores 2.42, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($4.4B) relative to total liabilities ($1.5B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
6/8

Century Alum Co passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
4.63x

For every $1 of reported earnings, Century Alum Co generates $4.63 in operating cash flow ($185.0M OCF vs $40.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.5B
YoY+13.9%
5Y CAGR+9.5%
10Y CAGR+2.6%

Century Alum Co generated $2.5B in revenue in fiscal year 2025. This represents an increase of 13.9% from the prior year.

EBITDA
$249.9M
YoY+28.1%
5Y CAGR+151.2%
10Y CAGR+19.8%

Century Alum Co's EBITDA was $249.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.1% from the prior year.

Net Income
$40.0M
YoY-87.5%

Century Alum Co reported $40.0M in net income in fiscal year 2025. This represents a decrease of 87.5% from the prior year.

EPS (Diluted)
$0.42
YoY-87.2%

Century Alum Co earned $0.42 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 87.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$84.8M
YoY+179.3%
5Y CAGR+23.5%

Century Alum Co generated $84.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 179.3% from the prior year.

Cash & Debt
$134.2M
YoY+307.9%
5Y CAGR+10.5%
10Y CAGR+1.5%

Century Alum Co held $134.2M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
99M
YoY+6.1%
5Y CAGR+1.9%
10Y CAGR+1.3%

Century Alum Co had 99M shares outstanding in fiscal year 2025. This represents an increase of 6.1% from the prior year.

Margins & Returns

Gross Margin
10.1%
YoY+2.4pp
5Y CAGR+12.4pp
10Y CAGR+8.0pp

Century Alum Co's gross margin was 10.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.4 percentage points from the prior year.

Operating Margin
6.3%
YoY+1.4pp
5Y CAGR+11.3pp
10Y CAGR+8.3pp

Century Alum Co's operating margin was 6.3% in fiscal year 2025, reflecting core business profitability. This is up 1.4 percentage points from the prior year.

Net Margin
1.6%
YoY-12.8pp
5Y CAGR+9.3pp
10Y CAGR+4.6pp

Century Alum Co's net profit margin was 1.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 12.8 percentage points from the prior year.

Return on Equity
5.0%
YoY-41.0pp
5Y CAGR+27.6pp
10Y CAGR+10.8pp

Century Alum Co's ROE was 5.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 41.0 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$100.2M
YoY+21.7%
5Y CAGR+49.5%
10Y CAGR+6.2%

Century Alum Co invested $100.2M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 21.7% from the prior year.

CENX Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $649.2M+2.4% $633.7M+0.2% $632.2M+0.7% $628.1M-0.9% $633.9M+0.5% $630.9M+17.0% $539.1M-3.9% $560.8M
Cost of Revenue $530.4M-2.3% $543.1M-2.5% $557.3M-6.3% $594.5M+3.1% $576.6M+2.2% $564.3M+22.1% $462.2M-15.2% $545.3M
Gross Profit $118.8M+31.1% $90.6M+21.0% $74.9M+122.9% $33.6M-41.4% $57.3M-14.0% $66.6M-13.4% $76.9M+396.1% $15.5M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $25.8M-27.3% $35.5M+98.3% $17.9M+27.9% $14.0M+12.0% $12.5M-15.5% $14.8M-5.1% $15.6M+26.8% $12.3M
Operating Income $374.0M+805.6% $41.3M-26.1% $55.9M+208.8% $18.1M-57.7% $42.8M-13.7% $49.6M-15.8% $58.9M+3826.7% $1.5M
Interest Expense $9.9M N/A N/A N/A N/A N/A N/A $10.3M
Income Tax $1.8M+114.6% -$12.3M-1018.2% -$1.1M+15.4% -$1.3M-181.3% $1.6M+700.0% $200K-90.0% $2.0M+300.0% $500K
Net Income $337.5M $0-100.0% $14.9M+423.9% -$4.6M-115.5% $29.7M+8.4% $27.4M-42.1% $47.3M+1992.0% -$2.5M
EPS (Diluted) $3.23 N/A $0.15+400.0% $-0.05-117.2% $0.29 N/A $0.46+1633.3% $-0.03

CENX Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $2.7B+17.0% $2.3B-2.3% $2.3B+8.4% $2.1B+0.4% $2.1B+0.6% $2.1B+2.9% $2.1B+5.2% $2.0B
Current Assets $1.3B+21.6% $1.0B-1.5% $1.0B+29.7% $807.4M-2.7% $829.6M+2.3% $810.9M+0.9% $804.0M+10.2% $729.3M
Cash & Equivalents $244.1M+81.9% $134.2M-11.4% $151.4M+272.0% $40.7M-9.4% $44.9M+36.5% $32.9M-7.1% $35.4M-14.3% $41.3M
Inventory $512.1M-1.4% $519.6M-6.7% $556.7M+8.4% $513.4M-5.3% $542.2M+0.6% $539.0M N/A $467.5M
Accounts Receivable $111.0M+1.0% $109.9M-6.0% $116.9M+8.0% $108.2M-0.6% $108.9M+43.7% $75.8M N/A $83.7M
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $1.5B+2.8% $1.5B-7.4% $1.6B+11.4% $1.4B+0.8% $1.4B-1.3% $1.4B+10.1% $1.3B+5.9% $1.2B
Current Liabilities $544.7M+4.0% $523.6M-11.5% $591.5M+32.2% $447.5M+0.9% $443.6M-5.1% $467.3M N/A $428.1M
Long-Term Debt $479.8M N/A N/A N/A N/A N/A N/A N/A
Total Equity $1.2B+42.9% $805.6M+8.6% $741.8M+2.4% $724.4M-0.3% $726.3M+4.6% $694.4M-9.2% $764.5M+27.1% $601.5M
Retained Earnings -$1.3B+20.8% -$1.6B+0.1% -$1.6B+0.9% -$1.6B-0.3% -$1.6B+1.8% -$1.7B N/A -$1.8B

CENX Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $68.4M-33.5% $102.8M+5040.0% $2.0M-74.7% $7.9M-89.1% $72.3M+274.6% -$41.4M-306.0% $20.1M+74.8% $11.5M
Capital Expenditures $74.8M+113.1% $35.1M+74.6% $20.1M-15.5% $23.8M+12.3% $21.2M+60.6% $13.2M-41.3% $22.5M+33.1% $16.9M
Free Cash Flow -$6.4M-109.5% $67.7M+474.0% -$18.1M-13.8% -$15.9M-131.1% $51.1M+193.6% -$54.6M-2175.0% -$2.4M+55.6% -$5.4M
Investing Cash Flow $130.2M+357.8% -$50.5M-213.7% -$16.1M-29.8% -$12.4M+41.5% -$21.2M-60.6% -$13.2M+41.3% -$22.5M-54.1% -$14.6M
Financing Cash Flow -$600K+99.1% -$69.5M-156.3% $123.4M+41033.3% $300K+100.8% -$39.1M-171.2% $54.9M+1198.0% -$5.0M+89.8% -$49.1M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

CENX Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 18.3%+4.0pp 14.3%+2.4pp 11.8%+6.5pp 5.3%-3.7pp 9.0%-1.5pp 10.6%-3.7pp 14.3%+11.5pp 2.8%
Operating Margin 57.6%+51.1pp 6.5%-2.3pp 8.8%+6.0pp 2.9%-3.9pp 6.8%-1.1pp 7.9%-3.1pp 10.9%+10.7pp 0.3%
Net Margin 52.0%+52.0pp 0.0%-2.4pp 2.4%+3.1pp -0.7%-5.4pp 4.7%+0.3pp 4.3%-4.4pp 8.8%+9.2pp -0.4%
Return on Equity 29.3%+29.3pp 0.0%-2.0pp 2.0%+2.6pp -0.6%-4.7pp 4.1%+0.1pp 4.0%-2.2pp 6.2%+6.6pp -0.4%
Return on Assets 12.7%+12.7pp 0.0%-0.6pp 0.6%+0.9pp -0.2%-1.6pp 1.4%+0.1pp 1.3%-1.0pp 2.3%+2.4pp -0.1%
Current Ratio 2.30+0.3 1.97+0.2 1.77-0.0 1.80-0.1 1.87+0.1 1.74 N/A 1.70
Debt-to-Equity 1.31-0.5 1.82-0.3 2.13+0.2 1.96+0.0 1.94-0.1 2.05+0.4 1.69-0.3 2.03
FCF Margin -1.0%-11.7pp 10.7%+13.5pp -2.9%-0.3pp -2.5%-10.6pp 8.1%+16.7pp -8.6%-8.2pp -0.4%+0.5pp -1.0%

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Frequently Asked Questions

Century Alum Co (CENX) reported $2.5B in total revenue for fiscal year 2025. This represents a 13.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Century Alum Co (CENX) revenue grew by 13.9% year-over-year, from $2.2B to $2.5B in fiscal year 2025.

Yes, Century Alum Co (CENX) reported a net income of $40.0M in fiscal year 2025, with a net profit margin of 1.6%.

Century Alum Co (CENX) reported diluted earnings per share of $0.42 for fiscal year 2025. This represents a -87.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Century Alum Co (CENX) had EBITDA of $249.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Century Alum Co (CENX) had a gross margin of 10.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Century Alum Co (CENX) had an operating margin of 6.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Century Alum Co (CENX) had a net profit margin of 1.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Century Alum Co (CENX) has a return on equity of 5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Century Alum Co (CENX) generated $84.8M in free cash flow during fiscal year 2025. This represents a 179.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Century Alum Co (CENX) generated $185.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Century Alum Co (CENX) had $2.3B in total assets as of fiscal year 2025, including both current and long-term assets.

Century Alum Co (CENX) invested $100.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Century Alum Co (CENX) had 99M shares outstanding as of fiscal year 2025.

Century Alum Co (CENX) had a current ratio of 1.97 as of fiscal year 2025, which is generally considered healthy.

Century Alum Co (CENX) had a debt-to-equity ratio of 1.82 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Century Alum Co (CENX) had a return on assets of 1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Century Alum Co (CENX) has an Altman Z-Score of 2.42, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Century Alum Co (CENX) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Century Alum Co (CENX) has an earnings quality ratio of 4.63x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Century Alum Co (CENX) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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