Novelis, Inc.

Novelis, Inc.

NVL
Novelis, Inc.US flagNew York Stock Exchange
76,400.00
USD
+1,100.00
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChat
CEO
Stephanie Rauls
Sector
Basic Materials
Industry
Aluminum
Address
3550 Peachtree Road NE, Suite 1100 Atlanta United States of America 30326
Business
Novelis Inc. (NVL), headquartered in Atlanta, Georgia, and founded in 2004 as a spin-off from Alcan Inc., operates as the world leader in aluminum rolling and recycling, producing premium flat-rolled aluminum sheet, plate, and foil products; it maintains an integrated network of rolling and recycling facilities across North America, Europe, Asia, and South America, serving the beverage can, automotive, aerospace, and high-end specialty markets including construction, consumer electronics, commercial transportation, and packaging with solutions such as body-in-white components, heat exchangers, battery enclosures, fin stock, and closed-loop recycled aluminum for brands like Coca-Cola, Ford, Airbus, and Samsung. A wholly owned subsidiary of Hindalco Industries Ltd., part of the Aditya Birla Group since its 2007 acquisition, the company emphasizes sustainability through recycling over 84 billion used beverage cans annually via proprietary closed-loop systems that reduce energy use by 95% and carbon emissions accordingly. Recent developments include substantial capital expenditures exceeding $1.7 billion in fiscal year 2025 and $913 million in the first half of fiscal 2026 for expansions like the new greenfield rolling and recycling plant in Bay Minette, Alabama, whose estimated costs rose to $5 billion due to inflation; debt financing actions such as $750 million in senior notes issued in January 2025 and $1.25 billion in term loans in March 2025 to refinance prior obligations and fund growth; the closure of its Fairmont, West Virginia facility in March 2025 as part of operational adjustments; and withdrawal of its initial public offering plans in October 2024.

Company News

APIChat
  • Nvidia: The Irrelevance Of China In The Bull Case

  • U.S. IPO Weekly Recap: Healthcare Software Leads $1.3 Billion IPO Week, Even As Novelis Calls Off IPO

  • Novelis Postpones Over $900 Million U.S. IPO

  • U.S. IPO Weekly Recap: Launches And Large Filings Fill In The Short Holiday Week

  • Novelis to raise up to $945M in US IPO

  • Hindaclo-backed aluminum recycler Novelis to raise about $877 million in IPO

  • Novelis targets up to $12.6 bln valuation in US IPO

  • Novelis Announces Launch of Initial Public Offering Roadshow

  • U.S. IPO Weekly Recap: Specialty Insurer Bowhead Sole IPO To Debut As More Names Join The Pipeline

  • U.S. IPO Weekly Recap: Hot Pot Chain Leads The Week's IPOs As The Pipeline Gets A Billion-Dollar Boost