Century Aluminum (CENX) financial statements
Century Aluminum reported revenue of $2.5B in fiscal 2025, up 7.5% a year over 9 years.
Net income was $42M and the operating margin 6.3%, against -17.3% in 2016.
Free cash flow was $85M.
The diluted share count rose 9% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Century Aluminum's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.6B | $1.9B | $1.8B | $1.6B | $2.2B | $2.8B | $2.2B | $2.2B | $2.5B |
| Cost of revenue | $1.3B | $1.5B | $1.9B | $1.9B | $1.6B | $2.1B | $2.7B | $2.1B | $2.0B | $2.3B |
| Gross profit | -$6M | $131M | -$23M | -$24M | -$36M | $124M | $47M | $88M | $172M | $256M |
| Selling, general and admin | $39M | $45M | $40M | $47M | $44M | $58M | $38M | $44M | $57M | $80M |
| Operating income | -$228M | $97M | -$59M | -$72M | -$80M | $66M | -$150M | $28M | $108M | $158M |
| Interest expense | $22M | $22M | $22M | $23M | $30M | $29M | $29M | — | — | — |
| Pre-tax income | -$251M | $55M | -$71M | -$86M | -$126M | -$198M | $33M | -$71M | $310M | $3M |
| Income tax | $3M | $8M | -$200,000 | -$8M | -$3M | -$31M | $47M | -$15M | $3M | -$13M |
| Net income | -$252M | $49M | -$66M | -$81M | -$123M | -$167M | -$14M | -$43M | $337M | $42M |
| EPS (diluted) | -$2.90 | $0.51 | -$0.76 | -$0.91 | -$1.38 | -$1.85 | -$0.15 | -$0.47 | $3.27 | $0.42 |
| Diluted shares | 87M | 88M | 88M | 89M | 90M | 90M | 91M | 92M | 98M | 95M |
| Gross margin | -0.5% | 8.3% | -1.2% | -1.3% | -2.3% | 5.6% | 1.7% | 4.0% | 7.7% | 10.1% |
| Operating margin | -17.3% | 6.1% | -3.1% | -3.9% | -5.0% | 3.0% | -5.4% | 1.3% | 4.9% | 6.3% |
| Net margin | -19.1% | 3.1% | -3.5% | -4.4% | -7.7% | -7.6% | -0.5% | -2.0% | 15.2% | 1.7% |
Balance sheet
Fiscal years, from Century Aluminum's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $132M | $167M | $39M | $39M | $82M | $29M | $54M | $89M | $33M | $134M |
| Receivables | $12M | $43M | $82M | $70M | $51M | $81M | $67M | $54M | $76M | $110M |
| Inventory | $234M | $318M | $344M | $321M | $291M | $426M | $399M | $477M | $539M | $520M |
| Total current assets | $441M | $554M | $507M | $487M | $456M | $618M | $678M | $767M | $811M | $1.0B |
| Property, plant and equipment | $1.0B | $972M | $967M | $949M | $880M | $892M | $744M | $1.2B | $1.1B | $1.2B |
| Total assets | $1.5B | $1.6B | $1.5B | $1.5B | $1.4B | $1.6B | $1.5B | $2.0B | $2.1B | $2.3B |
| Total current liabilities | $179M | $190M | $224M | $234M | $240M | $547M | $411M | $764M | $467M | $524M |
| Long-term debt | — | — | — | — | — | — | $382M | $431M | — | — |
| Total liabilities | $784M | $752M | $775M | $825M | $854M | $1.1B | $1.1B | $1.5B | $1.3B | $1.3B |
| Shareholders' equity | $757M | $830M | $762M | $675M | $546M | $421M | $399M | $356M | $694M | $806M |
| Net debt | -$132M | -$167M | -$39M | -$39M | -$82M | -$29M | $473M | $342M | -$33M | -$134M |
Cash flow
Fiscal years, from Century Aluminum's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $38M | $52M | -$69M | $18M | $43M | -$65M | $26M | $106M | -$25M | $185M |
| Capital spending | $22M | $32M | $83M | $60M | $13M | $83M | $86M | $95M | $82M | $100M |
| Free cash flow | $16M | $20M | -$152M | -$42M | $30M | -$148M | -$60M | $11M | -$107M | $85M |
| Stock-based compensation | $2M | $2M | $4M | $6M | $10M | $21M | -$600,000 | $7M | $15M | $47M |
| Share buybacks (net) | $0 | $0 | — | — | — | — | — | — | — | — |
| Net borrowing | $0 | — | $0 | $0 | -$6M | $0 | $0 | $0 | $0 | -$250M |
| Free cash flow margin | 1.2% | 1.2% | -8.0% | -2.3% | 1.8% | -6.7% | -2.2% | 0.5% | -4.8% | 3.4% |
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Open CENX in InvestinglyQuestions
What was Century Aluminum's revenue in 2025?
$2.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Century Aluminum generate?
$85M in fiscal 2025 (operating cash flow minus capital spending).
From Century Aluminum's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.