Alcoa
AA
42.48
-0.69
-1.60%
Alcoa
US · AA
#1377 by market cap
Listed 1970
42.48
-0.69
-1.60%
Live - 5344 symbols - heartbeat 309s ago
· 2026-10-08 07:00
Pre-market
41.99
-1.15%
After-hours
42.67
+0.45%
Overnight
42.31
-0.40%
- Market cap
- 11.21B
- P/E (TTM)i
- 8.83
- P/Bi
- 1.52
- EPSi
- 4.37
- Div yieldi
- 0.94%
- 52W posi
- 15%
Reader sentiment
Are you bullish or bearish on AA?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.73, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +7.87% YoY
Margins
- Gross margin
- 16.94%
- Operating margin
- 5.91%
- Net margin
- 9.02%
Key ratios & quality
- Enterprise valuei
- 12.06B
- Altman Z-Scorei
- 1.73
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13.40B | 10.43B | 9.29B | 12.15B | 12.45B | 10.55B | 11.90B | 12.83B |
| Gross profit | 3.35B | 1.90B | 1.32B | 3.00B | 2.24B | 738.00M | 1.85B | 2.17B |
| Selling & admin expenses | 248.00M | 280.00M | 206.00M | 227.00M | 204.00M | 226.00M | 275.00M | 299.00M |
| Research & development | 31.00M | 27.00M | 27.00M | 31.00M | 32.00M | 39.00M | 57.00M | 24.00M |
| Operating profit | 2.22B | 732.00M | 428.00M | 2.04B | 1.33B | -227.00M | 828.00M | 758.00M |
| Pretax profit | 1.63B | -438.00M | 173.00M | 1.20B | 702.00M | -584.00M | 289.00M | 1.06B |
| Tax | 732.00M | 415.00M | 187.00M | 629.00M | 664.00M | 189.00M | 265.00M | -55.00M |
| Net profit | 893.00M | -853.00M | -14.00M | 570.00M | 38.00M | -773.00M | 24.00M | 1.12B |
| Basic EPS | 1 | -6 | -1 | 2 | -1 | -4 | 0 | 4 |
| Diluted EPS | 1.33 | -6.07 | -0.91 | 2.26 | -0.68 | -3.65 | 0.26 | 4.37 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 3.37B | 3.02B | 3.00B | 3.45B | 3.19B | 3.97B |
| Gross profit | 931.00M | 366.00M | 300.00M | 576.00M | 681.00M | 999.00M |
| Selling & admin expenses | 71.00M | 82.00M | 78.00M | 68.00M | 83.00M | 101.00M |
| Research & development | 12.00M | 12.00M | 11.00M | -11.00M | 10.00M | 11.00M |
| Operating profit | 700.00M | 119.00M | 51.00M | -112.00M | 426.00M | 714.00M |
| Pretax profit | 668.00M | 161.00M | 167.00M | 68.00M | 499.00M | 482.00M |
| Tax | 120.00M | 10.00M | -51.00M | -134.00M | 82.00M | 73.00M |
| Net profit | 548.00M | 151.00M | 218.00M | 202.00M | 417.00M | 409.00M |
| Basic EPS | 2 | 1 | 1 | 1 | 2 | 2 |
| Diluted EPS | 2.07 | 0.62 | 0.88 | 0.85 | 1.60 | 1.53 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 4.33B | 3.53B | 4.52B | 5.03B | 5.25B | 4.41B | 4.91B | 5.47B |
| Cash & ST investments | 1.11B | 879.00M | 1.61B | 1.81B | 1.36B | 944.00M | 1.14B | 1.60B |
| Inventory | 1.82B | 1.64B | 1.40B | 1.96B | 2.43B | 2.16B | 2.00B | 2.18B |
| Total assets | 16.13B | 14.63B | 14.86B | 15.03B | 14.76B | 14.16B | 14.06B | 16.13B |
| Total current liabilities | 2.92B | 2.56B | 2.76B | 3.22B | 3.00B | 3.03B | 3.40B | 3.80B |
| Short-term debt | 1.00M | 1.00M | 79.00M | 76.00M | 1.00M | 135.00M | 125.00M | 10.00M |
| Long-term debt | 1.80B | 1.80B | 2.46B | 1.73B | 1.81B | 1.73B | 2.47B | 2.44B |
| Total liabilities | 8,544,000,000.00 | 8,745,000,000.00 | 9,844,000,000.00 | 8,741,000,000.00 | 8,167,000,000.00 | 8,310,000,000.00 | 8,907,000,000.00 | 9,935,000,000.00 |
| Total equity | 7.59B | 5.89B | 5.02B | 6.28B | 6.59B | 5.85B | 5.16B | 6.19B |
| Retained earnings | 570.00M | -555.00M | -725.00M | -315.00M | -570.00M | -1.29B | -1.32B | -271.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 5.21B | 5.40B | 5.28B | 5.47B | 5.68B | 5.89B |
| Cash & ST investments | 1.20B | 1.51B | 1.49B | 1.60B | 1.35B | 1.35B |
| Inventory | 2.18B | 2.22B | 2.19B | 2.18B | 2.30B | 2.34B |
| Total assets | 14.57B | 14.99B | 15.97B | 16.13B | 16.64B | 16.85B |
| Total current liabilities | 3.04B | 3.27B | 3.39B | 3.80B | 3.83B | 3.83B |
| Short-term debt | 120.00M | 83.00M | 3.00M | 10.00M | 110.00M | 1.00M |
| Long-term debt | 2.57B | 2.57B | 2.58B | 2.44B | 2.44B | 2.22B |
| Total liabilities | 8,656,000,000.00 | 8,755,000,000.00 | 9,538,000,000.00 | 9,935,000,000.00 | 9,749,000,000.00 | 9,416,000,000.00 |
| Total equity | 5.92B | 6.24B | 6.43B | 6.19B | 6.89B | 7.44B |
| Retained earnings | -801.00M | -664.00M | -458.00M | -271.00M | 127.00M | 508.00M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 448.00M | 686.00M | 394.00M | 920.00M | 822.00M | 91.00M | 622.00M | 1.19B |
| Depreciation & amortization | 733.00M | 713.00M | 653.00M | 664.00M | 617.00M | 632.00M | 642.00M | 623.00M |
| Free cash flow | 49.00M | 307.00M | 41.00M | 530.00M | 342.00M | -440.00M | 42.00M | 567.00M |
| Dividends paid | -- | 0 | 0 | -19.00M | -72.00M | -72.00M | -90.00M | -105.00M |
| Stock buybacks / issuance | -50.00M | 0 | 0 | -150.00M | -500.00M | -- | -- | -- |
| Ending cash balance | 1.12B | 883.00M | 1.61B | 1.92B | 1.47B | 1.05B | 1.23B | 1.69B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 75.00M | 488.00M | 85.00M | 537.00M | -179.00M | 608.00M |
| Depreciation & amortization | 148.00M | 153.00M | 160.00M | 162.00M | 162.00M | 173.00M |
| Free cash flow | -18.00M | 357.00M | -66.00M | 294.00M | -298.00M | 422.00M |
| Dividends paid | -26.00M | -27.00M | -26.00M | -26.00M | -27.00M | -26.00M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 1.29B | 1.60B | 1.57B | 1.69B | 1.45B | 1.49B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 4.58 | -23.68 | -4.58 | 10.75 | -2.52 | -13.96 | 1.28 | 20.52 |
| ROA %i | 1.36 | -7.36 | -1.15 | 2.87 | -0.83 | -4.50 | 0.43 | 7.66 |
| ROIC %i | 4.82 | -15.70 | -1.06 | 9.16 | -0.58 | -8.61 | 2.58 | 15.26 |
| 5-year avg ROE %i | -1.18 | -5.32 | -4.52 | -1.31 | -2.91 | -6.69 | -1.81 | 3.21 |
| EBIT margin %i | 12.83 | -3.04 | 3.44 | 11.47 | 6.49 | -4.52 | 3.74 | 9.52 |
| FCF / sales %i | 0.37 | 2.94 | 0.44 | 4.36 | 2.75 | -- | 0.35 | 4.42 |
| Current ratioi | 1.48 | 1.38 | 1.64 | 1.56 | 1.75 | 1.45 | 1.45 | 1.44 |
| Quick ratioi | 0.72 | 0.60 | 0.78 | 0.84 | 0.76 | 0.58 | 0.70 | 0.75 |
| Debt / assetsi | 11.17 | 12.99 | 17.66 | 12.42 | 12.65 | 13.92 | 20.04 | 16.78 |
| LT debt / equityi | 32.06 | 46.18 | 76.87 | 38.31 | 36.74 | 43.19 | 52.22 | 44.08 |
| Interest coveragei | 14.09 | -2.62 | 2.18 | 7.15 | 7.62 | -4.46 | 2.85 | 7.73 |
| Revenue CAGR (3Y) %i | 6.17 | 3.84 | -7.29 | -3.21 | 6.07 | 4.35 | -0.71 | 1.01 |
| Net income CAGR (3Y) %i | -- | -- | -- | 19.72 | -- | -- | -48.09 | -- |
| FCF CAGR (3Y) %i | -53.39 | -- | -63.14 | 121.15 | 3.66 | -- | -57.05 | 18.35 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 17.53 | 20.01 | 19.77 | 20.52 | 16.36 | 18.91 |
| ROA %i | 5.95 | 6.85 | 7.51 | 7.66 | 6.63 | 8.02 |
| ROIC %i | 13.04 | 15.07 | 15.22 | 15.26 | 12.50 | 14.67 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 11.56 | 12.12 | 11.82 | 9.52 | 8.18 | 9.82 |
| FCF / sales %i | 2.75 | 4.56 | 4.03 | 4.42 | 2.27 | 2.59 |
| Current ratioi | 1.71 | 1.65 | 1.56 | 1.44 | 1.48 | 1.53 |
| Quick ratioi | 0.84 | 0.83 | 0.79 | 0.75 | 0.72 | 0.80 |
| Debt / assetsi | 18.48 | 17.73 | 16.16 | 16.78 | 15.33 | 13.20 |
| LT debt / equityi | 44.25 | 41.96 | 40.63 | 44.08 | 35.76 | 30.18 |
| Interest coveragei | 8.04 | 7.82 | 8.13 | 7.73 | 7.39 | 11.13 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Aluminum is the largest reported line at 84.07% of revenue, across 3 reported segments.
- The next-largest line, Alumina, is a distant second at 27.48% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Aluminum84.07%
Alumina27.48%
Quote time 2026-10-08 07:00:16 · For reference only, not investment advice and not tailored to your situation.