AA · Alcoa Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.19B | - | $3.00B | $3.02B | $3.37B | - | $2.90B | $2.91B | $2.60B | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $10.00M | - | $11.00M | $12.00M | $12.00M | - | $16.00M | $13.00M | $11.00M | - |
| SG&A | $83.00M | - | $78.00M | $82.00M | $71.00M | - | $66.00M | $69.00M | $60.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $162.00M | - | $160.00M | $153.00M | $148.00M | - | $159.00M | $163.00M | $161.00M | - |
| Operating Income | $499.00M | - | $167.00M | $161.00M | $668.00M | - | $184.00M | $92.00M | ($325.00M) | - |
| Interest Expense | $35.00M | - | $33.00M | $56.00M | $53.00M | - | $44.00M | $40.00M | $27.00M | - |
| Income Tax | $82.00M | - | ($51.00M) | $10.00M | $120.00M | - | $86.00M | $61.00M | ($18.00M) | - |
| Net Income | $425.00M | - | $232.00M | $164.00M | $548.00M | - | $90.00M | $20.00M | ($252.00M) | - |
| EPS - Basic | $1.61 | - | $0.88 | $0.63 | $2.08 | - | $0.39 | $0.11 | ($1.41) | - |
| EPS - Diluted | $1.60 | - | $0.88 | $0.62 | $2.07 | - | $0.38 | $0.11 | ($1.41) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.35B | $1.60B | $1.49B | $1.51B | $1.20B | $1.14B | $1.31B | $1.40B | $1.36B | $944.00M |
| Accounts Receivable | $1.19B | $1.06B | $1.04B | $979.00M | $1.20B | $1.10B | $862.00M | $939.00M | $869.00M | $656.00M |
| Inventory | $2.30B | $2.18B | $2.19B | $2.22B | $2.18B | $2.00B | $2.10B | $1.98B | $2.05B | $2.16B |
| Accounts Payable | $1.77B | $1.94B | $1.62B | $1.63B | $1.63B | $1.80B | $1.54B | $1.62B | $1.59B | $1.71B |
| Current Assets | $5.68B | $5.47B | $5.28B | $5.40B | $5.21B | $4.91B | $4.87B | $4.90B | $4.88B | $4.41B |
| Total Assets | $16.64B | $16.13B | $15.97B | $14.99B | $14.57B | $14.06B | $14.54B | $14.31B | $14.33B | $14.15B |
| Current Liabilities | $3.83B | $3.80B | $3.39B | $3.27B | $3.04B | $3.40B | $3.46B | $3.17B | $3.04B | $3.03B |
| Long-term Debt | - | $2.44B | - | - | - | $2.47B | - | - | - | $1.73B |
| Total Liabilities | $9.75B | $9.94B | $9.54B | $8.76B | $8.66B | $8.91B | $9.29B | $8.89B | $8.79B | $8.31B |
| Stockholders' Equity | $6.83B | $6.12B | $6.34B | $6.13B | $5.82B | $5.16B | $5.25B | $3.90B | $3.99B | $4.25B |
| Retained Earnings | $127.00M | ($271.00M) | ($458.00M) | ($664.00M) | ($801.00M) | ($1.32B) | ($1.50B) | ($1.56B) | ($1.56B) | ($1.29B) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($179.00M) | - | - | - | $75.00M | - | - | - | ($223.00M) | - |
| Investing Cash Flow | ($129.00M) | - | - | - | ($108.00M) | - | - | - | ($117.00M) | - |
| Financing Cash Flow | $60.00M | - | - | - | $77.00M | - | - | - | $754.00M | - |
| CapEx | $119.00M | - | - | - | $93.00M | - | - | - | $101.00M | - |
| Free Cash Flow | ($298.00M) | - | - | - | ($18.00M) | - | - | - | ($324.00M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 15.6% | - | 5.6% | 5.3% | 19.8% | - | 6.3% | 3.2% | -12.5% | - |
| EBITDA margin | 20.7% | - | 10.9% | 10.4% | 24.2% | - | 11.8% | 8.8% | -6.3% | - |
| Net margin | 13.3% | - | 7.7% | 5.4% | 16.3% | - | 3.1% | 0.7% | -9.7% | - |
| Free cash flow margin | -9.3% | - | - | - | -0.5% | - | - | - | -12.5% | - |
| FCF / Net income | -0.70 | - | - | - | -0.03 | - | - | - | 1.29 | - |
| R&D / Revenue | 0.3% | - | 0.4% | 0.4% | 0.4% | - | 0.6% | 0.4% | 0.4% | - |
| SG&A / Revenue | 2.6% | - | 2.6% | 2.7% | 2.1% | - | 2.3% | 2.4% | 2.3% | - |
| Effective tax rate | 16.2% | - | -28.2% | 5.7% | 18.0% | - | 48.9% | 75.3% | - | - |
| Return on assets | 2.6% | - | 1.5% | 1.1% | 3.8% | - | 0.6% | 0.1% | -1.8% | - |
| Return on equity | 6.2% | - | 3.7% | 2.7% | 9.4% | - | 1.7% | 0.5% | -6.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.48 | 1.44 | 1.56 | 1.65 | 1.71 | 1.45 | 1.41 | 1.55 | 1.61 | 1.45 |
| Quick ratio | 0.88 | 0.87 | 0.91 | 0.97 | 1.00 | 0.86 | 0.80 | 0.92 | 0.93 | 0.74 |
| Cash ratio | 0.35 | 0.42 | 0.44 | 0.46 | 0.40 | 0.34 | 0.38 | 0.44 | 0.45 | 0.31 |
| Leverage | ||||||||||
| Debt / Equity | - | 0.40 | - | - | - | 0.48 | - | - | - | 0.41 |
| Debt / Assets | - | 0.15 | - | - | - | 0.18 | - | - | - | 0.12 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 14.3x | - | 5.1x | 2.9x | 12.6x | - | 4.2x | 2.3x | -12.0x | - |
| Equity multiplier | 2.44 | 2.64 | 2.52 | 2.44 | 2.51 | 2.73 | 2.77 | 3.67 | 3.59 | 3.33 |
| Liabilities / Assets | 0.59 | 0.62 | 0.60 | 0.58 | 0.59 | 0.63 | 0.64 | 0.62 | 0.61 | 0.59 |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.19 | 0.20 | 0.23 | - | 0.20 | 0.20 | 0.18 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 136d | - | 127d | 118d | 130d | - | 108d | 118d | 122d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 41.5x | - | 37.4x | 47.6x | 14.7x | - | 101.5x | 361.6x | - | - |
| P / B | 2.6x | - | 1.4x | 1.3x | 1.4x | - | 1.7x | 1.8x | 1.5x | - |
| P / S | 5.5x | - | 2.9x | 2.5x | 2.4x | - | 3.1x | 2.5x | 2.3x | - |
| EV / EBITDA | 24.6x | - | 21.7x | 19.6x | 8.2x | - | 22.5x | 22.8x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -5.2% | - | 3.1% | 3.9% | 29.6% | - | 11.6% | 8.3% | -2.7% | - |
| Revenue CAGR (3y) | 6.1% | - | 1.7% | -6.1% | 0.8% | - | -2.2% | 0.9% | -3.3% | - |
| Revenue CAGR (5y) | 2.2% | - | 4.8% | 7.0% | 7.2% | - | 2.5% | 1.4% | -0.9% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | -25.3% | - | -9.2% | 75.0% | - | - | - | - | -80.6% | - |
| Net income growth (YoY) | -22.4% | - | 157.8% | 720.0% | - | - | - | - | -9.1% | - |
| EPS growth (YoY) | -22.7% | - | 131.6% | 463.6% | - | - | - | - | -8.5% | - |
| EPS CAGR (3y) | - | - | - | -40.5% | -6.0% | - | -40.0% | -59.3% | - | - |
| EPS CAGR (5y) | 11.5% | - | - | - | 36.9% | - | - | - | - | - |
| FCF growth (YoY) | -1555.6% | - | - | - | 94.4% | - | - | - | -31.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 17.4% | 18.6% | 20.9% | 57.3% | 45.6% | 21.3% | 16.4% | -19.5% | -14.8% | -16.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$25.00M totalAll Other Segments$25.00M · 100.0%
Product / service
$13.49B totalAluminum$8.52B · 63.1%
Alumina$3.66B · 27.1%
Bauxite$727.00M · 5.4%
Mining$660.00M · 4.9%
Energy$190.00M · 1.4%
Other Products($263.00M) · -1.9%
Geographic
$12.83B totalUS$6.12B · 47.7%
AU$3.01B · 23.5%
NL$2.34B · 18.3%
BR$1.02B · 7.9%
ES$318.00M · 2.5%
Other Geographical Regions$25.00M · 0.2%
Peer comparison
Same SIC group: Primary Production of Aluminum
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| CENX | $2.53B | 1.7% | 5.2% |
Comparing Alcoa Corp against the 1 most active filer in the same SIC group.
Dividends
$0.40/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| May 19, 2026 | $0.1000 |
| Mar 10, 2026 | $0.1000 |
| Nov 4, 2025 | $0.1000 |
| Aug 12, 2025 | $0.1000 |
| May 20, 2025 | $0.1000 |
| Mar 4, 2025 | $0.1000 |
| Oct 29, 2024 | $0.1000 |
| Aug 12, 2024 | $0.1000 |
| May 20, 2024 | $0.1000 |
| Mar 4, 2024 | $0.1000 |
| Oct 30, 2023 | $0.1000 |
| Aug 7, 2023 | $0.1000 |
| May 15, 2023 | $0.1000 |
| Mar 6, 2023 | $0.1000 |
| Oct 31, 2022 | $0.1000 |
| Aug 8, 2022 | $0.1000 |
| May 16, 2022 | $0.1000 |
| Mar 7, 2022 | $0.1000 |
| Oct 28, 2021 | $0.1000 |
| Nov 2, 2016 | $0.0900 |
| Aug 3, 2016 | $0.0721 |
| May 4, 2016 | $0.0721 |
| Feb 3, 2016 | $0.0721 |
| Nov 4, 2015 | $0.0721 |