Kaiser Aluminum annual debt-to-equity ratio
2009
2010
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2016
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2018
2019
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2021
2022
2023
2024
2025
Kaiser Aluminum Debt-to-Equity Ratio Growth & History (KALU)
Kaiser Aluminum's debt-to-equity ratio was 1.33 for fiscal 2025.
View full Kaiser Aluminum company overviewKaiser Aluminum annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.33 | −0.13 | −9.03% |
| 2024 | 2024-12-31 | 1.46 | −0.08 | −4.98% |
| 2023 | 2023-12-31 | 1.54 | −0.18 | −10.71% |
| 2022 | 2022-12-31 | 1.73 | 0.15 | +9.25% |
| 2021 | 2021-12-31 | 1.58 | 0.38 | +32.09% |
| 2020 | 2020-12-31 | 1.20 | 0.48 | +66.19% |
| 2019 | 2019-12-31 | 0.72 | 0.21 | +41.22% |
| 2018 | 2018-12-31 | 0.51 | 0.01 | +2.92% |
| 2017 | 2017-12-31 | 0.50 | 0.04 | +7.97% |
| 2016 | 2016-12-31 | 0.46 | 0.21 | +82.34% |
| 2015 | 2015-12-31 | 0.25 | −0.14 | −35.74% |
| 2014 | 2014-12-31 | 0.39 | 0.03 | +9.17% |
| 2013 | 2013-12-31 | 0.36 | 0.00 | +0.89% |
| 2012 | 2012-12-31 | 0.36 | 0.18 | +104.90% |
| 2011 | 2011-12-31 | 0.17 | 0.16 | +1206.42% |
| 2010 | 2010-12-31 | 0.01 | 0.01 | +62.76% |
| 2009 | 2009-12-31 | 0.01 | — | — |
Kaiser Aluminum quarterly debt-to-equity ratio
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q4.11
Q4.12
Q1.13
Q3.13
Q4.13
Q1.14
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Q3.14
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Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
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Q2.20
Q3.20
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Q1.21
Q2.21
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Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.13 | −0.29 | −20.56% |
| Q1 2026 | 2026-03-31 | 1.22 | −0.20 | −14.08% |
| Q4 2025 | 2025-12-31 | 1.33 | −0.13 | −9.03% |
| Q3 2025 | 2025-09-30 | 1.33 | −0.14 | −9.69% |
| Q2 2025 | 2025-06-30 | 1.43 | −0.05 | −3.66% |
| Q1 2025 | 2025-03-31 | 1.42 | −0.09 | −5.90% |
| Q4 2024 | 2024-12-31 | 1.46 | −0.08 | −4.98% |
| Q3 2024 | 2024-09-30 | 1.47 | — | — |
| Q2 2024 | 2024-06-30 | 1.48 | −0.24 | −14.04% |
| Q1 2024 | 2024-03-31 | 1.51 | −0.26 | −14.60% |
| Q4 2023 | 2023-12-31 | 1.54 | −0.18 | −10.71% |
| Q2 2023 | 2023-06-30 | 1.72 | 0.07 | +3.97% |
| Q1 2023 | 2023-03-31 | 1.77 | 0.24 | +16.08% |
| Q4 2022 | 2022-12-31 | 1.73 | 0.15 | +9.25% |
| Q3 2022 | 2022-09-30 | 1.69 | 0.17 | +11.39% |
| Q2 2022 | 2022-06-30 | 1.66 | 0.15 | +9.77% |
| Q1 2022 | 2022-03-31 | 1.52 | 0.31 | +25.56% |
| Q4 2021 | 2021-12-31 | 1.58 | 0.38 | +32.09% |
| Q3 2021 | 2021-09-30 | 1.52 | 0.30 | +24.49% |
| Q2 2021 | 2021-06-30 | 1.51 | 0.29 | +23.97% |
| Q1 2021 | 2021-03-31 | 1.21 | 0.47 | +64.41% |
| Q4 2020 | 2020-12-31 | 1.20 | 0.48 | +66.19% |
| Q3 2020 | 2020-09-30 | 1.22 | 0.68 | +124.62% |
| Q2 2020 | 2020-06-30 | 1.22 | 0.67 | +122.92% |
| Q1 2020 | 2020-03-31 | 0.74 | 0.19 | +35.28% |
| Q4 2019 | 2019-12-31 | 0.72 | 0.21 | +41.22% |
| Q3 2019 | 2019-09-30 | 0.54 | 0.06 | +11.67% |
| Q2 2019 | 2019-06-30 | 0.55 | 0.06 | +12.28% |
| Q1 2019 | 2019-03-31 | 0.54 | 0.05 | +11.01% |
| Q4 2018 | 2018-12-31 | 0.51 | 0.01 | +2.92% |
| Q3 2018 | 2018-09-30 | 0.49 | 0.01 | +2.99% |
| Q2 2018 | 2018-06-30 | 0.49 | 0.01 | +1.24% |
| Q1 2018 | 2018-03-31 | 0.49 | 0.03 | +6.23% |
| Q4 2017 | 2017-12-31 | 0.50 | 0.04 | +7.97% |
| Q3 2017 | 2017-09-30 | 0.47 | 0.02 | +4.12% |
| Q2 2017 | 2017-06-30 | 0.48 | 0.02 | +5.37% |
| Q1 2017 | 2017-03-31 | 0.46 | 0.21 | +86.62% |
| Q4 2016 | 2016-12-31 | 0.46 | 0.21 | +82.34% |
| Q3 2016 | 2016-09-30 | 0.45 | 0.17 | +59.60% |
| Q2 2016 | 2016-06-30 | 0.46 | 0.16 | +53.57% |
| Q1 2016 | 2016-03-31 | 0.25 | −0.28 | −53.33% |
| Q4 2015 | 2015-12-31 | 0.25 | −0.14 | −35.74% |
| Q3 2015 | 2015-09-30 | 0.28 | −0.08 | −21.03% |
| Q2 2015 | 2015-06-30 | 0.30 | −0.06 | −17.43% |
| Q1 2015 | 2015-03-31 | 0.53 | 0.17 | +46.82% |
| Q4 2014 | 2014-12-31 | 0.39 | 0.03 | +9.17% |
| Q3 2014 | 2014-09-30 | 0.36 | 0.01 | +1.73% |
| Q2 2014 | 2014-06-30 | 0.36 | — | — |
| Q1 2014 | 2014-03-31 | 0.36 | 0.01 | +2.40% |
| Q4 2013 | 2013-12-31 | 0.36 | 0.00 | +0.89% |
| Q3 2013 | 2013-09-30 | 0.35 | — | — |
| Q1 2013 · Mar 31 | 2013-03-31 | 0.35 | — | — |
| Q4 2012 | 2012-12-31 | 0.36 | 0.18 | +104.90% |
| Q4 2011 | 2011-12-31 | 0.17 | 0.16 | +1206.42% |
| Q1 2011 | 2011-03-31 | 0.01 | — | — |
| Q4 2010 | 2010-12-31 | 0.01 | 0.01 | +68.53% |
| Q3 2010 | 2010-09-30 | 0.01 | — | — |
| Q2 2010 | 2010-06-30 | 0.01 | — | — |
| Q4 2009 | 2009-12-31 | 0.01 | — | — |
Kaiser Aluminum debt-to-equity ratio trends
Over the last five fiscal years, Kaiser Aluminum's debt-to-equity ratio increased from 1.20 to 1.33, a change of 0.14. The latest reported quarter, Q2 2026, shows 1.13.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Kaiser Aluminum source filings ↗