Century Aluminum Company (CENX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1 SOUTH WACKER DRIVE CHICAGO, IL 60606 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 3334 - Primary Production of Aluminum (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 89 | 54 | 29 | 82 | 39 | 39 | |||
| Cash and cash equivalent | 89 | 54 | 29 | 82 | 39 | 39 | |||
| Receivables | 90 | 72 | 89 | 61 | 100 | 105 | |||
| Inventory, net of allowances, customer advances and progress billings | 477 | 399 | 426 | 291 | 321 | 344 | |||
| Inventory | 477 | 399 | 426 | 291 | 321 | 344 | |||
| Derivative instruments and hedges, assets | 3 | 127 | 35 | 6 | 15 | ||||
| Other undisclosed current assets | 109 | 26 | 40 | 16 | 13 | 19 | |||
| Total current assets: | 767 | 678 | 618 | 456 | 487 | 507 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 25 | ✕ | |||||||
| Property, plant and equipment | 1,004 | 744 | 893 | 880 | 949 | 967 | |||
| Long-term investments and receivables | 2 | 1 | |||||||
| Due from related parties | ✕ | ✕ | 2 | 1 | |||||
| Other noncurrent assets | 75 | 50 | 59 | 62 | 63 | 64 | |||
| Other undisclosed noncurrent assets | (25) | ||||||||
| Total noncurrent assets: | 1,079 | 794 | 952 | 944 | 1,012 | 1,031 | |||
| TOTAL ASSETS: | 1,847 | 1,472 | 1,570 | 1,400 | 1,500 | 1,538 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 300 | 228 | 258 | 191 | 173 | 183 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 15 | |||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 9 | 10 | 10 | 11 | ||
| Accounts payable | 250 | 167 | 187 | 106 | 97 | 119 | |||
| Accrued liabilities | 51 | 61 | 63 | 59 | 66 | 53 | |||
| Debt | 3 | ||||||||
| Derivative instruments and hedges, liabilities | 1 | 10 | 102 | ||||||
| Asset retirement obligation | 2 | ||||||||
| Due to related parties | ✕ | ✕ | 30 | 66 | 42 | 33 | 10 | ||
| Other undisclosed current liabilities | 460 | 143 | 121 | 8 | 25 | 31 | |||
| Total current liabilities: | 763 | 411 | 547 | 240 | 234 | 224 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 431 | 380 | 353 | 267 | 272 | 249 | |||
| Long-term debt, excluding current maturities | 431 | 380 | 330 | 243 | 249 | 249 | |||
| Liabilities, other than long-term debt | 309 | 280 | 249 | 301 | 319 | 302 | |||
| Asset retirement obligations | 50 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 104 | ||
| Deferred income tax liabilities | 72 | 103 | 59 | 89 | 95 | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 120 | 112 | 122 | 167 | 162 | 152 | |||
| Due to related parties | ✕ | ✕ | 8 | 22 | 0 | 20 | |||
| Other liabilities | 66 | 36 | 46 | 45 | 42 | 46 | |||
| Operating lease, liability | 21 | 23 | 24 | 23 | ✕ | ||||
| Other undisclosed noncurrent liabilities | 1 | 45 | |||||||
| Total noncurrent liabilities: | 739 | 662 | 602 | 613 | 591 | 551 | |||
| Total liabilities: | 1,502 | 1,073 | 1,149 | 854 | 825 | 775 | |||
| Equity | |||||||||
| Equity, attributable to parent | 356 | 399 | 421 | 546 | 675 | 762 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (86) | (86) | (86) | (86) | (86) | (86) | |||
| Additional paid in capital | 2,543 | 2,540 | 2,536 | 2,530 | 2,527 | 2,523 | |||
| Accumulated other comprehensive loss | (98) | (94) | (82) | (119) | (110) | (99) | |||
| Accumulated deficit | (2,004) | (1,961) | (1,947) | (1,780) | (1,656) | (1,577) | |||
| Equity, attributable to noncontrolling interest | (12) | ||||||||
| Total equity: | 344 | 399 | 421 | 546 | 675 | 762 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,847 | 1,472 | 1,570 | 1,400 | 1,500 | 1,538 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2,185 | 2,777 | 2,213 | 1,605 | 1,837 | 1,893 | ||
| Revenue from related parties | ✕ | ✕ | 1,671 | 1,337 | 1,026 | 1,192 | 1,205 | |
| Other operating income | 1,106 | 876 | 580 | 645 | 689 | |||
| Cost of revenue (Cost of Product and Service Sold) | (2,094) | (2,731) | (2,088) | (1,642) | (1,861) | (1,916) | ||
| Gross profit: | 92 | 47 | 124 | (37) | (24) | (23) | ||
| Operating expenses | (44) | (197) | (58) | (44) | (47) | (40) | ||
| Other operating expense, net | (16) | (1) | (1) | (1) | (0) | |||
| Other undisclosed operating income | 5 | |||||||
| Operating income (loss): | 32 | (150) | 66 | (81) | (72) | (59) | ||
| Nonoperating income (expense) | (65) | 212 | (209) | (14) | 11 | 9 | ||
| Investment income, nonoperating | (62) | 197 | (212) | (17) | 12 | 6 | ||
| Other nonoperating income (expense) | (3) | 15 | 3 | 4 | (1) | 3 | ||
| Interest and debt expense | (29) | (55) | (33) | (23) | (22) | |||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | 1 | (1) | 2 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (33) | 33 | (198) | (126) | (86) | (71) | ||
| Income (loss) from equity method investments | (0) | (0) | (0) | (0) | 1 | 4 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (33) | 1 | 1 | |||||
| Income (loss) from continuing operations before income taxes: | (67) | 33 | (198) | (126) | (85) | (66) | ||
| Income tax expense (benefit) | 15 | (47) | 31 | 3 | 8 | 0 | ||
| Income (loss) from continuing operations: | (52) | (14) | (167) | (123) | (77) | (66) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (167) | (123) | (77) | (66) | |
| Other undisclosed net income (loss) | (0) | |||||||
| Net income (loss): | (52) | (14) | (167) | (123) | (77) | (66) | ||
| Net income attributable to noncontrolling interest | 9 | |||||||
| Other undisclosed net loss attributable to parent | (0) | (0) | (4) | |||||
| Net income (loss) attributable to parent: | (43) | (14) | (167) | (123) | (81) | (66) | ||
| Undistributed earnings (loss) allocated to participating securities, basic | ||||||||
| Net income (loss) available to common stockholders, basic: | (43) | (14) | (167) | (123) | (81) | (66) | ||
| Dilutive securities, effect on basic earnings per share | ||||||||
| Net income (loss) available to common stockholders, diluted: | (43) | (14) | (167) | (123) | (81) | (66) | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (52) | (14) | (167) | (123) | (77) | (66) | ||
| Other comprehensive income (loss) | (4) | (12) | 37 | (9) | (10) | (7) | ||
| Other undisclosed comprehensive loss | (4) | |||||||
| Comprehensive income (loss): | (56) | (26) | (131) | (132) | (91) | (73) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 9 | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (0) | (0) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (47) | (26) | (131) | (132) | (91) | (73) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.