Kaiser Aluminum (KALU) Return on Invested Capital [ROIC] (2010 - 2026)
Kaiser Aluminum's Return on Invested Capital [ROIC] was 13.23% in Q2 2026, up 7.90 percentage points from 5.34% a year earlier and up 3.63 percentage points from the prior quarter.
Kaiser Aluminum (KALU) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Kaiser Aluminum came in at 7.57%, up 2.88 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +3.28 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 4.69% in FY2024 (-1.12 pp), 5.81% in FY2023 (+5.62 pp), 0.18% in FY2022 (-2.81 pp) and 3.00% in FY2021 (-1.30 pp).
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2010.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for four straight quarters, with an average year-over-year change of +2.11 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2026 (a gain of 7.90 percentage points); the worst was Q1 2023 (a drop of 3.78 percentage points).
- Per Business Quant data, KALU's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 9.60% (Q1 2026), 7.49% (Q4 2025) and 6.94% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | Kaiser Aluminum | 2.49 Bn | 2.37 Bn | 199.00 Mn | 13.23% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.23% |
| Mar 31, 2026 | 9.60% |
| Dec 31, 2025 | 7.49% |
| Sep 30, 2025 | 6.94% |
| Jun 30, 2025 | 5.34% |
| Mar 31, 2025 | 5.30% |
| Dec 31, 2024 | 4.67% |
| Sep 30, 2024 | 5.34% |
| Jun 30, 2024 | 5.70% |
| Mar 31, 2024 | 5.89% |
| Dec 31, 2023 | 5.77% |
| Sep 30, 2023 | 3.05% |
| Jun 30, 2023 | 2.00% |
| Mar 31, 2023 | -0.09% |
| Dec 31, 2022 | 0.18% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 3.68% |
| Dec 31, 2021 | 2.83% |
| Sep 30, 2021 | 2.45% |
Kaiser Aluminum Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=KALU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "KALU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=KALU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();