Kaiser Aluminum Corp (NASDAQ: KALU) is an aluminum products company that manufactures and sells rolled, extruded, and drawn aluminum products for industrial end markets. Revenue is transactional, generated by selling fabricated aluminum products priced in part against London Metal Exchange aluminum prices, with earnings sensitive to metal price timing differences the company tracks as Metal Price Lag. Kaiser serves aerospace, defense, space, general engineering, and automotive end markets, producing high-strength 2000, 7000, and certain 6000 series alloys for demanding applications as well as 6000 series alloys for general engineering and extruded aluminum products for automotive use. The company applies the Kaiser Production System, an integrated framework drawing on Lean Manufacturing, Six Sigma, and Total Productive Manufacturing, across its operations. Kaiser filed its most recent annual report on Form 10-K on February 19, 2026 (accession 0001193125-26-059575) for the fiscal year ended in that period.

Revenue model

Transactional product sales of fabricated aluminum products. Pricing is tied to aluminum market prices, with revenue and earnings affected by Metal Price Lag, the timing difference between hedged cost of alloyed metal and weighted average market aluminum prices during the shipment period.

Products and services

Rolled, extruded, and drawn aluminum products including: high-strength 2000, 7000, and certain 6000 series alloys for aerospace, defense, and space applications; 6000 series general engineering products; and extruded aluminum automotive products. Alloying elements include copper, zinc, magnesium, manganese, and silicon.

Customers and end markets

End markets include aerospace, defense, space, general engineering, and automotive. Specific customer names, counts, or concentration data are not disclosed in the available filing excerpts.

Value-chain role

Downstream aluminum fabricator. Purchases primary aluminum and alloying metals, processes them into finished and semi-finished aluminum products, and sells to industrial end-market customers.

Geographic exposure

Geographic revenue mix and specific facility locations are not detailed in the available filing excerpts.

Source: SEC 10-K, filed 2026-02-19

Industry: Rolling Drawing & Extruding of Nonferrous Metals Peers: Alcoa Corp Arconic Corp Century Aluminum Co