Filing Flows › Century Aluminum (CENX) › Q1 2025
Century Aluminum (CENX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Century Aluminum (CENX) reported revenue of $634M for the first quarter 2025 (Q1 2025), +29% from a year earlier and +0.5% from the quarter before. Operating margin was 7.3%, net earnings $29.7M (4.7% of revenue).
Century Aluminum, Q1 2025: revenue $634M (+30% year over year), operating margin 7.3%, net earnings $29.7M, operating cash flow $72.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $634M | +0.5% | +29% |
| Gross profit | $60.6M | -9% | +267% |
| Operating profit | $46.1M | -6% | 24× |
| Net earnings | $29.7M | -34% | -88% |
| Operating cash flow | $72.3M | — | — |
| Free cash flow | $51.1M | — | — |
What changed
Revenue was $633.9M in Q1 2025, up 29% year over year and roughly flat from the previous quarter. Aluminum was the largest line at 85% of revenue. Aluminum added $86.4M year over year (up 19%), 60% of the total change.
Gross margin was 9.6%, up 6.2 points from a year earlier. Operating profit was $46.1M, a 7.3% margin (up 6.9 points year over year). Of the extra revenue versus a year earlier, 31% reached operating profit, above the 0% margin then. Operating expenses fell 1% while revenue rose 29%. The fastest-growing cost line was Other operating costs (+300%). Net earnings were $29.7M, down 88% year over year ($25.7M including minority interests, which bore $4.0M of losses). The effective tax rate was 5.9%.
Operating cash flow was $72.3M, 281% of net income including minority interests. Non-cash charges added back $20.7M of depreciation and amortization and $1.9M of share-based compensation. Working capital and other items added $24.0M. Capital expenditures of $21.2M left free cash flow of $51.1M.
Questions
What was Century Aluminum's revenue in the first quarter 2025?
Century Aluminum (CENX) reported revenue of $634M for the first quarter 2025 (Q1 2025), +29% from a year earlier and +0.5% from the quarter before.
Was Century Aluminum profitable in the first quarter 2025?
Operating profit was $46.1M (7.3% of revenue) and net earnings $29.7M.
Source: Century Aluminum 10-Q on SEC EDGAR.