# Century Aluminum Company (CENX) · Edgar & Edgarette company card

> Century Aluminum Company (CENX) grew revenue 13.9% in FY2025 to $2.5 billion, operating margin 6.3% against a 8.1% median for primary production of  aluminum, equity 35.5% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 949157 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/CENX) · [JSON](https://www.pops4.com/boards/company/CENX.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $2.5B |
| Revenue growth, 1 year | 13.9% |
| Revenue growth per year | 3.4% |
| Operating margin | 6.3% (prior year 4.9%) |
| Net margin | 1.7% |
| Operating cash flow | $185M |
| Capital spending | $100M |
| Free cash flow | $85M |
| Cash | $134M |
| Long-term debt | $548M |
| Total assets | $2.3B |
| Total equity | $806M |
| Equity ÷ assets | 35.5% |
| Return on equity | 5.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 0.18 (distress zone)
- Piotroski F: 8 of 9 (strong)
- Beneish M: -2.82 (below the −1.78 line)
- Health Harbor boat: Weathered boat · two warning signs · filed late annual report notice, earlier statements no longer to be relied on in the last 12 months; slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: Fading · slow and jumpy, lagging its peers

## Edgarette's reading

Exposure: revenue $2.5B (FY2025), total debt $548.3M. Experience: revenue up 13.9% on the year, up 3.4% a year over 4 years; operating margin 6.3%, up from 4.9%. Soundness: equity 35.5% of assets, return on equity 5.2%. Credibility: four or more audited years, moderate weight, marked down from reasonable: on 2026-03-03 the company said earlier statements should no longer be relied on (8-K Item 4.02), and no 10-K has been filed since. Range: 80% of past cases like this landed between $2.1B and $3.3B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $1.7B to $3.9B. A statistical range, not company guidance. Against peers (17 filers, $50M+ revenue, its industry group): operating margin 6.3% against a 8.1% median; growth 13.9% against 10.6%.

Range logged 2026-11-01, receipt 5a51fcd66a06b4e1, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-03 ([filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026013780/0001628280-26-013780-index.htm))
- Item 4.02 Earlier statements no longer to be relied on: 1, latest 2026-03-03 ([filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026013781/0001628280-26-013781-index.htm))

## Recent filings

- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026054308/0001628280-26-054308-index.htm)
- 8-K · filed 2026-08-06 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026054300/0001628280-26-054300-index.htm)
- 8-K · filed 2026-06-17 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026043936/0001628280-26-043936-index.htm)
- 10-Q · filed 2026-05-07 · [filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026032094/0001628280-26-032094-index.htm)
- 8-K · filed 2026-05-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/949157/000162828026032082/0001628280-26-032082-index.htm)
- DEF 14A · filed 2026-04-24 · [filing](https://www.sec.gov/Archives/edgar/data/949157/000155278126000269/0001552781-26-000269-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000949157.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=949157

## Cite

POPS4, Edgar & Edgarette: Century Aluminum Company (CENX) company card, from the company's own SEC filings, accessed 2026-11-03, https://www.pops4.com/boards/company/CENX. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.

