Novelis Inc (NVL) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
3550 PEACHTREE ROAD ATLANTA, GA 30326 |
| State of Incorp. | ON |
| Fiscal Year End | March 31 |
| Industry (SIC) | 335 - Rolling, Drawing, And Extruding Of Nonferrous (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,036 | 791 | 1,071 | 886 | 1,309 | 787 | |||
| Cash and cash equivalent | 1,036 | 791 | 1,071 | 886 | 1,309 | 787 | |||
| Receivables | (7) | (7) | |||||||
| Inventory, net of allowances, customer advances and progress billings | 3,054 | 2,924 | 2,832 | 2,755 | 2,515 | 2,677 | |||
| Inventory | 3,054 | 2,924 | 2,832 | 2,755 | 2,515 | 2,677 | |||
| Derivative instruments and hedges, assets | 176 | 110 | 123 | 91 | 45 | 136 | |||
| Asset, held-for-sale, not part of disposal group | 6 | 6 | 3 | 1 | 1 | 1 | |||
| Other undisclosed current assets | 2,450 | 2,284 | 2,304 | 2,330 | 2,080 | 2,255 | |||
| Total current assets: | 6,715 | 6,115 | 6,333 | 6,063 | 5,943 | 5,856 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 6,851 | 6,493 | 6,253 | 5,849 | 5,741 | 5,498 | |||
| Long-term investments and receivables | 912 | 879 | 952 | 903 | 905 | 918 | |||
| Long-term investments | 912 | 879 | 952 | 903 | 905 | 918 | |||
| Intangible assets, net (including goodwill) | 1,583 | 1,585 | 1,603 | 1,621 | 1,619 | 1,634 | |||
| Goodwill | 1,074 | 1,071 | 1,077 | 1,073 | 1,074 | 1,076 | |||
| Intangible assets, net (excluding goodwill) | 509 | 514 | 526 | 548 | 545 | 558 | |||
| Derivative instruments and hedges | 10 | 6 | 2 | 7 | |||||
| Restricted cash and investments | 5 | 10 | 9 | 14 | |||||
| Deferred income tax assets | 188 | 150 | 143 | 146 | 143 | 145 | |||
| Other undisclosed noncurrent assets | 266 | 250 | 260 | 266 | 277 | 259 | |||
| Total noncurrent assets: | 9,800 | 9,372 | 9,227 | 8,796 | 8,685 | 8,475 | |||
| TOTAL ASSETS: | 16,515 | 15,487 | 15,560 | 14,859 | 14,628 | 14,331 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 666 | 625 | 587 | 579 | 627 | 650 | |||
| Accrued liabilities | 666 | 625 | 587 | 579 | 627 | 650 | |||
| Debt | 380 | 1,048 | 898 | 656 | 792 | 583 | |||
| Derivative instruments and hedges, liabilities | 106 | 192 | 222 | 201 | 144 | 173 | |||
| Accrued environmental loss contingencies | 19 | 20 | 19 | 19 | 19 | 18 | |||
| Disposal group, including discontinued operation | |||||||||
| Other undisclosed current liabilities | 3,943 | 3,495 | 3,692 | 3,558 | 3,253 | 3,033 | |||
| Total current liabilities: | 5,114 | 5,380 | 5,418 | 5,013 | 4,835 | 4,457 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 5,773 | 4,997 | 4,889 | 4,859 | 4,866 | 4,883 | |||
| Finance lease, liability | 9 | 14 | |||||||
| Other undisclosed long-term debt and lease obligation | 5,764 | 4,997 | 4,889 | 4,859 | 4,852 | 4,883 | |||
| Liabilities, other than long-term debt | 914 | 1,027 | 1,089 | 1,074 | 950 | 1,105 | |||
| Deferred income tax liabilities | 221 | 246 | 244 | 263 | |||||
| Liability, pension and other postretirement and postemployment benefits | 534 | 517 | 544 | 537 | 559 | 540 | |||
| Other liabilities | 284 | 289 | 299 | 293 | 305 | 302 | |||
| Operating lease, liability | 89 | 81 | |||||||
| Derivative instruments and hedges, liabilities | 7 | 5 | |||||||
| Other undisclosed noncurrent liabilities | 199 | 167 | |||||||
| Total noncurrent liabilities: | 6,886 | 6,024 | 5,978 | 5,933 | 5,983 | 5,988 | |||
| Total liabilities: | 12,000 | 11,404 | 11,396 | 10,946 | 10,818 | 10,445 | |||
| Equity | |||||||||
| Equity, attributable to parent | 4,505 | 4,073 | 4,154 | 3,903 | 3,799 | 3,875 | |||
| Additional paid in capital | 1,108 | 1,108 | 1,108 | 1,108 | 1,108 | 1,208 | |||
| Accumulated other comprehensive loss | (358) | (496) | (305) | (428) | (381) | (239) | |||
| Retained earnings | 3,755 | 3,461 | 3,351 | 3,223 | 3,072 | 2,906 | |||
| Equity, attributable to noncontrolling interest | 10 | 10 | 10 | 10 | 11 | 11 | |||
| Total equity: | 4,515 | 4,083 | 4,164 | 3,913 | 3,810 | 3,886 | |||
| TOTAL LIABILITIES AND EQUITY: | 16,515 | 15,487 | 15,560 | 14,859 | 14,628 | 14,331 | |||
Income Statement (P&L) ($ in millions)Annual | Quarterly
| 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,016 | 4,080 | 4,295 | 4,187 | 2,121 | 3,935 | ||
| Cost of revenue | (4,693) | (3,742) | (3,889) | (3,770) | (1,575) | (3,543) | ||
| Cost of product and service sold | (4,182) | (3,516) | (3,610) | (3,481) | (1,505) | (3,309) | ||
| Gross profit: | 323 | 338 | 406 | 417 | 546 | 392 | ||
| Operating expenses | (74) | (189) | (226) | (207) | (377) | (217) | ||
| Other operating income, net (Other Nonrecurring (Income) Expense) | 8 | |||||||
| Other undisclosed operating income | 960 | |||||||
| Operating income: | 1,209 | 149 | 180 | 210 | 177 | 175 | ||
| Nonoperating income (expense) | (176) | 4 | (65) | (60) | 79 | 6 | ||
| Other nonoperating income (expense) | (169) | 4 | (65) | (60) | 89 | 6 | ||
| Interest and debt expense | 226 | (105) | (73) | |||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (815) | 297 | ||||||
| Income from continuing operations before equity method investments, income taxes: | 444 | 153 | 115 | 150 | 448 | 108 | ||
| Income (loss) from equity method investments | 2 | (1) | 2 | 1 | (10) | (6) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (197) | (3) | 63 | 59 | (269) | 73 | ||
| Income from continuing operations before income taxes: | 249 | 149 | 180 | 210 | 169 | 175 | ||
| Income tax expense | (39) | (51) | (60) | (72) | (54) | |||
| Income from continuing operations: | 249 | 110 | 129 | 150 | 97 | 121 | ||
| Other undisclosed net income | 2 | |||||||
| Net income: | 249 | 110 | 129 | 150 | 99 | 121 | ||
| Net income (loss) attributable to noncontrolling interest | (1) | 1 | ||||||
| Other undisclosed net loss attributable to parent | (1) | |||||||
| Net income attributable to parent: | 249 | 110 | 128 | 151 | 98 | 121 | ||
| Other undisclosed net loss available to common stockholders, basic | (599) | |||||||
| Net income (loss) available to common stockholders, diluted: | 249 | 110 | 128 | 151 | (501) | 121 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 6/30/2025 Q1 | 3/31/2025 Q4 | 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 249 | 110 | 129 | 150 | 99 | 121 | ||
| Other comprehensive income (loss) | 24 | (191) | 122 | (47) | (485) | 142 | ||
| Comprehensive income (loss): | 273 | (81) | 251 | 103 | (386) | 263 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | 1 | 1 | |||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 1 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 273 | (81) | 251 | 104 | (386) | 264 | ||
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.