---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-017999"
form_type: "8-K"
ticker: "KALU"
cik: "0000811596"
company_name: "KAISER ALUMINUM CORP"
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:31:12.712823+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Kaiser Aluminum reports FY2023 net income $47M, adj. EBITDA $210M (+48% YoY); record aerospace conversion revenue

## Summary
- Full year net income $47M ($2.92 EPS); adjusted net income $44M ($2.74 EPS).
- Adjusted EBITDA $210M vs $142M in 2022; margin 14.3% vs 10.3%.
- Aerospace/high strength conversion revenue record $533M, up 50% YoY on 36% higher shipments.
- 2024 outlook: conversion revenue +2-3%, adj. EBITDA margin +70-170 bps; destocking abating.
- Liquidity $599M as of Dec 31, 2023; quarterly dividend $0.77/share maintained.

## SEC filing metadata
- accession: 0000950170-24-017999
- form_type: 8-K
- ticker: KALU
- cik: 0000811596
- company_name: KAISER ALUMINUM CORP
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811596/000095017024017999/0000950170-24-017999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811596/000095017024017999/kalu-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-017999
- JSON: https://secwatch.observer/filing/0000950170-24-017999.json
- Plain text: https://secwatch.observer/filing/0000950170-24-017999.txt

## Key facts
- Earnings Releases
  KAISER ALUMINUM CORP reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 21, 2024, Kaiser Aluminum Corporation (the “Company”) issued a press release reporting its preliminary financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/811596/000095017024017999/0000950170-24-017999-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.