Kaiser Aluminum's Q4 2024 Earnings: A Disappointing Close to the Year#
Kaiser Aluminum Corporation (KALU) recently announced its fourth-quarter and full-year 2024 financial results, revealing a mixed performance. While the company's revenue slightly exceeded expectations, its earnings per share (EPS) fell short of analyst estimates, leading to investor concerns and a subsequent market reaction. According to Zacks.com, KALU reported an EPS of $0.33, significantly below the consensus estimate of $0.46. This compares unfavorably to the $0.60 per share reported in the same quarter of the previous year. This earnings miss, coupled with broader market uncertainties, has prompted a closer examination of the company's operational efficiency, cost management strategies, and future outlook.
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The Q4 2024 results have placed a spotlight on the challenges Kaiser Aluminum faces in navigating a dynamic and competitive landscape. Factors such as fluctuating aluminum prices, shifts in demand from key sectors like aerospace and automotive, and ongoing supply chain disruptions have all contributed to the company's performance. In response, Kaiser Aluminum has outlined several strategic initiatives aimed at improving profitability, enhancing operational efficiency, and delivering long-term value to shareholders. These initiatives include optimizing its product mix, investing in advanced manufacturing technologies, and strengthening its relationships with key customers. The company’s ability to execute these strategies effectively will be crucial in determining its future success.
Despite the earnings miss, Kaiser Aluminum has maintained its quarterly dividend payment, signaling a commitment to returning value to its shareholders. However, the high dividend payout ratio, coupled with lower earnings, has raised questions about the sustainability of the dividend in the long term. Investors and analysts will be closely monitoring the company's financial performance in the coming quarters to assess its ability to maintain its dividend policy while also investing in growth opportunities and managing its debt obligations. The company’s commitment to sustainability, as highlighted in its 2023 Sustainability Report, also plays a role in its long-term strategy and investor appeal.
Key Financial Highlights from Kaiser Aluminum's Q4 2024 Report#
A closer look at Kaiser Aluminum's Q4 2024 financial report reveals several key highlights. While the company's revenue came in slightly above expectations, the earnings miss underscores the challenges it faces in managing costs and maintaining profitability. According to Zacks.com, KALU's quarterly earnings of $0.33 per share missed the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.60 per share a year ago, representing a significant decline.
Despite the earnings shortfall, Kaiser Aluminum announced a quarterly dividend of $0.77 per share, payable on February 14, 2025, to stockholders of record as of January 24, 2025, as stated in a GlobeNewswire press release. This consistent dividend payment reflects the company's commitment to returning value to shareholders, even in the face of challenging market conditions. However, the high payout ratio raises concerns about the long-term sustainability of the dividend, given the recent earnings miss.
The company's stock performance has been relatively volatile, with a 52-week range of $62.83 to $102.42. As of February 20, 2025, KALU is trading at $74.84, reflecting a +4.88% increase on the day, with a market capitalization of $1.20 billion. According to data from Financial Modeling Prep, the stock has a beta of 1.33, indicating that it is more volatile than the overall market. The company's financial ratios also provide insights into its performance, with a price-to-earnings (P/E) ratio of 25.81 and a dividend yield of 4.12%. These metrics highlight the company's valuation and its attractiveness to income-seeking investors.
Revenue and Earnings Performance: Q4 2024 vs. Previous Periods#
To gain a deeper understanding of Kaiser Aluminum's financial performance, it is essential to compare its Q4 2024 results with previous periods. According to analyst estimates, the company's revenue for the quarter was expected to be around $765 million, while the actual revenue was slightly higher. However, the earnings miss indicates that the company faced challenges in managing costs and maintaining profitability.
Compared to the same quarter of the previous year, Kaiser Aluminum's Q4 2024 earnings declined significantly, from $0.60 per share to $0.33 per share. This decline can be attributed to several factors, including increased raw material costs, lower demand from certain end markets, and operational inefficiencies. In the third quarter of 2024, Kaiser Aluminum also missed earnings estimates, reporting adjusted net income of $0.51 per diluted share, which was below consensus estimates. This consistent underperformance raises concerns about the company's ability to meet its financial targets.
Looking ahead, analysts expect Kaiser Aluminum to improve its financial performance in 2025, with estimated revenue of $3.15 billion and EPS of $4.74. However, these estimates are subject to change, depending on market conditions, the company's ability to execute its strategic initiatives, and other factors. Investors will be closely monitoring Kaiser Aluminum's financial results in the coming quarters to assess its progress and determine whether it can achieve its financial targets.
Factors Contributing to the Earnings Miss: A Deep Dive#
Several factors contributed to Kaiser Aluminum's earnings miss in Q4 2024. Understanding these factors is crucial for assessing the company's challenges and its ability to overcome them. According to research findings, volatile aluminum prices, fluctuations in demand from the automotive and aerospace sectors, and operational inefficiencies all played a role in the company's underperformance.
One of the primary challenges Kaiser Aluminum faces is the volatility of aluminum prices. As a major consumer of aluminum, the company's profitability is directly impacted by fluctuations in the price of this commodity. According to a report by Reuters, aluminum prices have been particularly volatile in recent years, due to factors such as global economic uncertainty, supply chain disruptions, and geopolitical tensions. Kaiser Aluminum attempts to mitigate this risk through pass-through pricing mechanisms and hedging strategies. However, the effectiveness of these strategies can vary, depending on market conditions and the company's ability to accurately forecast price movements.
Another factor contributing to the earnings miss is the fluctuation in demand from the automotive and aerospace sectors. These sectors are major consumers of Kaiser Aluminum's products, and any slowdown in demand from these sectors can negatively impact the company's revenue and profitability. According to data from Bloomberg, the automotive industry has faced several challenges in recent years, including semiconductor shortages, supply chain disruptions, and changing consumer preferences. Similarly, the aerospace industry has been impacted by the COVID-19 pandemic and the grounding of the Boeing 737 MAX. These factors have led to fluctuations in demand for Kaiser Aluminum's products, contributing to the earnings miss.
Detailed Analysis of Cost Pressures and Operational Challenges#
In addition to external factors such as aluminum prices and demand from key sectors, Kaiser Aluminum also faces internal cost pressures and operational challenges. These challenges include rising labor costs, increased energy expenses, and inefficiencies in its manufacturing processes. The company is working to address these challenges through various initiatives, such as investing in automation, improving its supply chain management, and optimizing its product mix.
However, these initiatives take time to implement and may not immediately translate into improved financial performance. According to the company's Q4 2024 earnings call transcript, management discussed the challenges they are facing in managing costs and improving operational efficiency. They highlighted the need to streamline processes, reduce waste, and improve productivity. The company is also investing in training and development programs to enhance the skills of its workforce and improve employee engagement.
These efforts are aimed at improving Kaiser Aluminum's long-term competitiveness and profitability. However, in the short term, they may not be sufficient to offset the negative impact of external factors such as volatile aluminum prices and fluctuating demand. Investors will be closely monitoring the company's progress in addressing its cost pressures and operational challenges to assess its long-term prospects.
Kaiser Aluminum's Response: Strategies for Recovery in 2025#
In response to the disappointing Q4 2024 earnings, Kaiser Aluminum has outlined a comprehensive strategy for recovery in 2025. This strategy focuses on improving profitability, enhancing operational efficiency, and delivering long-term value to shareholders. According to the company's earnings call transcript, management is committed to taking decisive action to address the challenges it faces and improve its financial performance.
One of the key components of Kaiser Aluminum's recovery strategy is to optimize its product mix. The company plans to focus on higher-margin products and reduce its exposure to lower-margin products. This will involve shifting its production capacity towards products that are in high demand and offer better profitability. The company is also investing in research and development to develop new and innovative products that meet the evolving needs of its customers.
Another important aspect of Kaiser Aluminum's recovery strategy is to enhance its operational efficiency. The company plans to invest in automation, improve its supply chain management, and streamline its manufacturing processes. These initiatives are aimed at reducing costs, improving productivity, and enhancing the quality of its products. Kaiser Aluminum is also working to improve its inventory management and reduce its working capital requirements.
Guidance for 2025: Revenue Growth and EBITDA Margin Improvement#
As part of its recovery strategy, Kaiser Aluminum has provided guidance for 2025. The company expects consolidated conversion revenue to increase +5% to +10%, and adjusted EBITDA margins to improve. This guidance reflects the company's confidence in its ability to execute its strategic initiatives and improve its financial performance. However, the company's guidance is subject to change, depending on market conditions and other factors.
According to a report by StreetInsider.com, Kaiser Aluminum expects approximately 60% of the EBITDA contribution in the second half of 2025. This expectation reflects the company's anticipation of stabilization and more favorable market demand throughout 2025. The company's ability to achieve its guidance will be crucial in restoring investor confidence and improving its stock performance.
Investors will be closely monitoring Kaiser Aluminum's progress in implementing its recovery strategy and achieving its financial targets. The company's management team is committed to providing regular updates on its progress and addressing any concerns that investors may have. The company's long-term success will depend on its ability to adapt to changing market conditions, innovate its products and processes, and deliver consistent financial performance.
Dividend Announcement: A Commitment to Shareholder Value?#
Despite the recent earnings miss, Kaiser Aluminum has maintained its quarterly dividend payment of $0.77 per share. This announcement reflects the company's commitment to returning value to shareholders, even in the face of challenging market conditions. However, the high dividend payout ratio, coupled with lower earnings, has raised questions about the sustainability of the dividend in the long term.
The dividend payout ratio is a key metric that measures the proportion of earnings paid out as dividends. A high payout ratio indicates that a large portion of earnings is being used to pay dividends, leaving less money available for reinvestment in the business or debt reduction. Kaiser Aluminum's payout ratio is currently around 89.26%, which is considered high by many analysts. This raises concerns about the company's ability to maintain its dividend policy while also investing in growth opportunities and managing its debt obligations.
According to financial analysts, a sustainable dividend policy should be supported by consistent earnings and strong cash flow. If a company's earnings decline or its cash flow weakens, it may be forced to reduce its dividend payment. This can negatively impact investor sentiment and lead to a decline in the company's stock price.
Dividend Payout Ratio and Long-Term Sustainability#
To assess the long-term sustainability of Kaiser Aluminum's dividend policy, it is essential to analyze its earnings trend, cash flow generation, and debt levels. If the company can improve its earnings and cash flow, it may be able to sustain its dividend payment without jeopardizing its financial stability. However, if its earnings continue to decline or its debt levels increase, it may be forced to reduce its dividend payment.
Kaiser Aluminum's management team has stated its commitment to maintaining a sustainable dividend policy. They have emphasized the importance of balancing dividend payments with investments in growth opportunities and debt reduction. The company is working to improve its financial performance through various initiatives, such as optimizing its product mix, enhancing its operational efficiency, and reducing its costs.
However, the success of these initiatives will depend on market conditions and the company's ability to execute its strategic plans effectively. Investors will be closely monitoring Kaiser Aluminum's financial performance in the coming quarters to assess the sustainability of its dividend policy and determine whether it can continue to return value to shareholders.
Leadership Transition: New Chairman and Director Appointed#
Kaiser Aluminum recently announced changes to its Board of Directors, including the appointment of Keith A. Harvey as Chairman of the Board and Kimberly T. Glas as a new director. These changes signal a potential shift in strategic direction and could have a significant impact on the company's future performance.
Keith A. Harvey, who previously served as President and CEO of Kaiser Aluminum, has been appointed as Chairman of the Board, effective January 1, 2025. He succeeds Jack A. Hockema, who retired as a director of the company. As Chairman, Harvey will be responsible for leading the Board of Directors and providing strategic oversight to the company's management team.
Kimberly T. Glas has been appointed as a new director to fill the vacancy on the Board created by Hockema's retirement. Glas will serve as a Class I director with a term expiring at the company's 2025 annual meeting of stockholders. She will also serve on the Board's audit and sustainability committees.
Keith A. Harvey's Vision as the New Chairman#
The appointment of Keith A. Harvey as Chairman of the Board is a significant development for Kaiser Aluminum. As the former President and CEO of the company, Harvey has a deep understanding of its operations, challenges, and opportunities. His leadership as Chairman could bring a fresh perspective and a renewed focus on driving growth and profitability.
Harvey's vision for Kaiser Aluminum is likely to focus on several key areas, including optimizing the company's product mix, enhancing its operational efficiency, and strengthening its relationships with key customers. He may also prioritize investments in research and development to develop new and innovative products that meet the evolving needs of the market.
Harvey's experience and expertise will be crucial in guiding Kaiser Aluminum through the challenges it faces and positioning it for long-term success. Investors will be closely monitoring his leadership and strategic decisions to assess their impact on the company's performance.
Kimberly T. Glas's Role on the Board and Sustainability Committee#
The appointment of Kimberly T. Glas as a new director is also a positive development for Kaiser Aluminum. Glas brings a wealth of experience and expertise in areas such as finance, accounting, and sustainability. Her service on the Board's audit and sustainability committees will be valuable in ensuring that the company maintains strong financial controls and adheres to its environmental and social responsibilities.
Glas's expertise in sustainability will be particularly important, as Kaiser Aluminum is increasingly focused on reducing its environmental footprint and promoting sustainable practices. Her insights and guidance will help the company to identify opportunities to improve its sustainability performance and enhance its reputation as a responsible corporate citizen.
Investors will be looking to Glas to provide valuable perspectives on the company's financial performance and sustainability initiatives. Her contributions to the Board will be crucial in shaping Kaiser Aluminum's long-term strategy and ensuring its success in a rapidly changing world.
Industry Trends: Aluminum Market Dynamics and Their Impact on Kaiser#
Kaiser Aluminum's performance is closely tied to the dynamics of the global aluminum market. Understanding the key trends and factors influencing the aluminum market is essential for assessing the company's prospects and making informed investment decisions.
One of the primary trends in the aluminum market is the increasing demand for aluminum in various industries, including automotive, aerospace, construction, and packaging. According to a report by The Aluminum Association, global aluminum demand is expected to continue to grow in the coming years, driven by factors such as urbanization, industrialization, and the increasing use of aluminum in lightweight vehicles.
However, the aluminum market is also facing several challenges, including volatile prices, supply chain disruptions, and increasing environmental concerns. These challenges could impact Kaiser Aluminum's profitability and its ability to meet the growing demand for its products.
Global Aluminum Demand Trends and Forecasts#
The global aluminum market is characterized by regional differences in demand and supply. China is the largest consumer and producer of aluminum, accounting for a significant share of global demand. Other major consumers of aluminum include North America, Europe, and Asia (excluding China).
The demand for aluminum is driven by various factors, including economic growth, industrial production, and infrastructure development. In developed countries, the demand for aluminum is primarily driven by the automotive, aerospace, and construction industries. In developing countries, the demand for aluminum is driven by infrastructure development, construction, and packaging.
Analysts expect global aluminum demand to continue to grow in the coming years, driven by factors such as urbanization, industrialization, and the increasing use of aluminum in lightweight vehicles. However, the growth rate may vary depending on regional economic conditions and other factors.
Aerospace and Automotive Sectors: Key Demand Drivers#
The aerospace and automotive sectors are two of the most important demand drivers for Kaiser Aluminum's products. These sectors require high-quality aluminum products for various applications, including aircraft structures, automotive components, and packaging.
The aerospace industry uses aluminum extensively in aircraft structures due to its lightweight, high strength, and corrosion resistance. The demand for aluminum in the aerospace industry is driven by factors such as increasing air travel, the development of new aircraft models, and the replacement of older aircraft.
The automotive industry also uses aluminum extensively in various components, including body panels, engine blocks, and suspension systems. The demand for aluminum in the automotive industry is driven by factors such as the increasing use of lightweight materials to improve fuel efficiency and reduce emissions, as well as the growing popularity of electric vehicles.
Impact of Boeing and Airbus Build Rates on Kaiser Aluminum#
The build rates of major aircraft manufacturers such as Boeing and Airbus have a significant impact on Kaiser Aluminum's revenue and profitability. Any changes in these build rates can directly affect the demand for Kaiser Aluminum's products.
According to industry reports, Boeing and Airbus are currently facing challenges in increasing their build rates due to supply chain disruptions and other factors. These challenges could negatively impact Kaiser Aluminum's revenue in the short term. However, analysts expect the build rates of Boeing and Airbus to increase in the long term, driven by the growing demand for air travel and the development of new aircraft models.
Kaiser Aluminum is working to diversify its customer base and reduce its reliance on the aerospace industry. The company is also investing in research and development to develop new products that meet the needs of other industries, such as automotive and packaging.
Aluminum Price Volatility: Navigating Market Uncertainty#
Aluminum price volatility is a significant challenge for Kaiser Aluminum. Fluctuations in aluminum prices can directly impact the company's profitability and its ability to compete in the market. Kaiser Aluminum employs various strategies to mitigate this risk, including hedging, pass-through pricing mechanisms, and increasing its use of recycled aluminum.
Hedging involves using financial instruments to protect against adverse price movements. Kaiser Aluminum uses hedging to lock in prices for its aluminum purchases, reducing its exposure to price volatility. Pass-through pricing mechanisms allow the company to pass on changes in aluminum prices to its customers, reducing its exposure to price risk.
Increasing the use of recycled aluminum is another strategy that Kaiser Aluminum employs to mitigate aluminum price volatility. Recycled aluminum is typically less expensive than primary aluminum, and its price is less volatile. By increasing its use of recycled aluminum, Kaiser Aluminum can reduce its overall aluminum costs and improve its profitability.
Hedging Strategies and Risk Management#
Kaiser Aluminum's hedging strategies are designed to mitigate the impact of aluminum price volatility on its financial performance. The company uses a variety of hedging instruments, including futures contracts, options contracts, and swaps.
The effectiveness of Kaiser Aluminum's hedging strategies depends on several factors, including the accuracy of its price forecasts, the liquidity of the hedging markets, and the company's risk tolerance. If the company's price forecasts are inaccurate or the hedging markets are illiquid, its hedging strategies may not be effective in protecting against price volatility.
Kaiser Aluminum also manages its risk through diversification. The company operates in various end markets, including aerospace, automotive, and packaging. This diversification reduces its exposure to any single market and helps to stabilize its revenue and profitability.
Analyst Expectations and Future Outlook for Kaiser Aluminum#
Analysts have mixed opinions on Kaiser Aluminum's future prospects. Some analysts are optimistic about the company's ability to improve its financial performance and generate long-term value for shareholders. Other analysts are more cautious, citing concerns about aluminum price volatility, demand fluctuations, and the company's high dividend payout ratio.
The consensus analyst estimate for Kaiser Aluminum's earnings per share (EPS) in 2025 is $4.74, according to data from Financial Modeling Prep. This estimate reflects analysts' expectations that the company will improve its financial performance in the coming year. However, analyst estimates are subject to change, depending on market conditions and the company's ability to execute its strategic plans.
Analysts also have various price targets for Kaiser Aluminum's stock. These price targets range from $70 to $90, reflecting analysts' different opinions on the company's valuation. Investors should consider these price targets as one factor among many when making investment decisions.
Analyst Ratings and Price Targets for KALU Stock#
Analyst ratings for Kaiser Aluminum's stock range from "buy" to "hold" to "sell." These ratings reflect analysts' opinions on the stock's potential for appreciation. Investors should carefully consider these ratings when making investment decisions.
Analyst price targets for Kaiser Aluminum's stock are based on various factors, including the company's financial performance, its growth prospects, and the overall market conditions. These price targets are not guarantees of future performance, but they can provide valuable insights into analysts' expectations.
Investors should also conduct their own research and analysis before making investment decisions. This research should include a thorough review of Kaiser Aluminum's financial statements, its strategic plans, and the industry trends that are impacting its business.
Kaiser Aluminum's Sustainability Initiatives#
Kaiser Aluminum is committed to promoting sustainability in its operations and products. The company has published its 2023 Sustainability Report, which summarizes its focus and initiatives around its sustainability program and practices. This report highlights the company's commitment to being a preferred investment, a preferred supplier, a preferred customer, a preferred employer, and a valued corporate citizen.
Kaiser Aluminum's sustainability initiatives focus on several key areas, including reducing its environmental footprint, promoting responsible sourcing, and supporting its communities. The company is working to reduce its energy consumption, greenhouse gas emissions, and waste generation. It is also committed to sourcing its materials responsibly and ensuring that its suppliers adhere to high ethical and environmental standards.
Kaiser Aluminum also supports its communities through various philanthropic and volunteer programs. The company encourages its employees to get involved in their communities and supports organizations that are working to improve the quality of life for local residents.
Kaiser Aluminum's 2023 Sustainability Report Highlights#
Kaiser Aluminum's 2023 Sustainability Report highlights several key achievements and initiatives. These include:
- Reducing its energy consumption by +10% compared to 2022
- Increasing its use of recycled aluminum to +50% of its total aluminum consumption
- Achieving zero waste to landfill at several of its facilities
- Supporting local communities through various philanthropic programs
- Promoting diversity and inclusion in its workforce
These achievements demonstrate Kaiser Aluminum's commitment to sustainability and its efforts to reduce its environmental footprint and support its communities. The company is committed to continuing to improve its sustainability performance in the years to come.
Investor Relations and Market Conference Participation#
Kaiser Aluminum actively engages with investors and analysts through various investor relations activities. These activities include quarterly earnings calls, investor conferences, and meetings with individual investors.
Kaiser Aluminum also participates in market conferences to share its insights and perspectives on the aluminum industry. These conferences provide an opportunity for the company to connect with investors, analysts, and other industry stakeholders.
Recently, Kaiser Aluminum participated in Baird's 2024 Global Industrial Conference, where CEO Keith Harvey presented and met with investors. This participation demonstrates the company's commitment to transparency and its willingness to engage with the investment community.
Participation in Baird's 2024 Global Industrial Conference#
Kaiser Aluminum's participation in Baird's 2024 Global Industrial Conference provided an opportunity for the company to share its insights and perspectives on the aluminum industry with investors and analysts. CEO Keith Harvey presented at the conference and met with investors to discuss the company's strategy, financial performance, and outlook.
The conference provided a valuable opportunity for Kaiser Aluminum to communicate its message to the investment community and address any concerns that investors may have. The company's participation in the conference demonstrates its commitment to transparency and its willingness to engage with the investment community.
Competitive Landscape: Kaiser Aluminum's Position in the Aluminum Industry#
Kaiser Aluminum operates in a competitive industry with several major players. These competitors include Alcoa Corporation, Rio Tinto, and Norsk Hydro.
Kaiser Aluminum differentiates itself from its competitors through its focus on specialty aluminum products and its strong relationships with key customers. The company specializes in producing semi-fabricated aluminum products for various end markets, including aerospace, automotive, and packaging.
Kaiser Aluminum also has strong relationships with key customers in these end markets. These relationships provide the company with a competitive advantage and help to stabilize its revenue and profitability.
Kaiser Aluminum's Competitive Advantages and Disadvantages#
Kaiser Aluminum has several competitive advantages, including its focus on specialty aluminum products, its strong relationships with key customers, and its commitment to sustainability. However, the company also faces several disadvantages, including its exposure to aluminum price volatility, its reliance on the aerospace and automotive industries, and its high dividend payout ratio.
To maintain its competitive position, Kaiser Aluminum must continue to innovate its products and processes, strengthen its relationships with key customers, and manage its risks effectively. The company must also continue to invest in sustainability and promote responsible business practices.
Inventory Turnover Ratio and Industry Comparison#
Kaiser Aluminum has an inventory turnover ratio of 4.41, which measures how efficiently the company is managing its inventory. A higher inventory turnover ratio indicates that the company is selling its inventory quickly and efficiently. However, a lower inventory turnover ratio indicates that the company is holding onto its inventory for too long, which can lead to storage costs and obsolescence.
Comparing Kaiser Aluminum's inventory turnover ratio with the industry average can provide valuable insights into the company's inventory management practices. If Kaiser Aluminum's inventory turnover ratio is below the industry average, it may indicate that the company needs to improve its inventory management practices.
Conclusion#
Kaiser Aluminum faces a complex and dynamic business environment. The company's recent Q4 2024 earnings miss highlights the challenges it faces in managing costs, mitigating aluminum price volatility, and navigating fluctuations in demand from key industries.
Despite these challenges, Kaiser Aluminum has a strong track record of innovation, customer service, and sustainability. The company's new leadership team is committed to taking decisive action to improve its financial performance and deliver long-term value to shareholders.
Investors should carefully consider the risks and opportunities facing Kaiser Aluminum before making investment decisions. The company's long-term success will depend on its ability to execute its strategic plans effectively, manage its risks prudently, and adapt to changing market conditions.
| Metric | Value | Source |
|---|---|---|
| Q4 2024 EPS | $0.33 | Zacks.com |
| Expected EPS | $0.46 | Zacks.com |
| Previous Year Q4 EPS | $0.60 | Zacks.com |
| Quarterly Dividend | $0.77/share | GlobeNewswire |
| Current Stock Price | $74.84 | Monexa AI |
| Intraday Change | +4.88% | Monexa AI |
| Market Capitalization | $1.20 Billion | Monexa AI |
| Beta | 1.33 | Financial Modeling Prep |
| Price-to-Earnings Ratio (P/E) | 25.81 | Financial Modeling Prep |
| Dividend Yield | 4.12% | Financial Modeling Prep |
| Financial Metric | 2023 (Actual) | 2024 (Estimate) | 2025 (Estimate) | 2026 (Estimate) |
|---|---|---|---|---|
| Revenue (USD Millions) | 3,081 | 3,011 | 3,153 | 3,355 |
| EBITDA (USD Millions) | 302 | 246 | 258 | 274 |
| EPS (USD) | 1.89 | 2.59 | 4.74 | 6.90 |