Non-Current Assets
PP&E (Net)
Alcoa PP&E (Net) increased by 2.4% to $6.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $6.50B to $6.86B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows relatively stable performance with a -1.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase indicates ongoing investment in physical capacity, whereas a decline may suggest aging assets or a strategy of asset-light operations.
Detailed definition
This metric represents the book value of tangible assets after subtracting accumulated depreciation from the total histo...
Peer comparison
Standard line item for all manufacturing and industrial companies; directly comparable across peers.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.98B | $6.68B | $6.62B | $6.82B | $6.46B | $6.25B | $6.49B | $6.43B | $6.45B | $6.53B | $6.79B | $6.58B | $6.50B | $6.72B | $6.39B | $6.50B | $6.67B | $6.63B | $6.70B | $6.86B |
| QoQ Change | — | -4.3% | -0.8% | +3.0% | -5.4% | -3.1% | +3.8% | -1.0% | +0.3% | +1.3% | +3.9% | -3.1% | -1.1% | +3.4% | -4.9% | +1.7% | +2.7% | -0.6% | +1.1% | +2.4% |
| YoY Change | — | — | — | — | -7.4% | -6.4% | -2.0% | -5.8% | -0.2% | +4.4% | +4.5% | +2.3% | +0.9% | +2.9% | -5.8% | -1.2% | +2.6% | -1.4% | +4.9% | +5.6% |
Range$6.25B – $6.98B
CAGR-0.3%
Avg YoY Growth-0.1%
Median YoY Growth+0.4%
Current Streak2 quarters growth
Product Breakdown
| Segment | Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|
| Energy | $836.00M | $851.00M | $869.00M | $855.00M | $872.00M |
| Aluminum Smelting And Casting | — | — | — | $5.55B | — |
| Bauxite Mining And Alumina Refining | — | — | — | $4.22B | — |
| Total | $6.62B | $6.49B | $6.79B | $6.39B | $6.70B |
Geographic Breakdown — Other Geographical Regions
| Segment | Q4 '24 |
|---|---|
| Other Geographical Regions | $3.00M |
| Total | $6.39B |
Geographic Breakdown — AU
PP&E (Net) at Other Companies
Frequently Asked Questions
- What is Alcoa's pp&e (net)?
- Alcoa (AA) reported pp&e (net) of $6.86B in Q1 2026.
- How has Alcoa's pp&e (net) changed year-over-year?
- Alcoa's pp&e (net) increased by 5.6% year-over-year, from $6.50B to $6.86B.
- What is the long-term trend for Alcoa's pp&e (net)?
- Over 5 years (2020 to 2025), Alcoa's pp&e (net) has grown at a -1.4% compound annual growth rate (CAGR), from $7.19B to $6.70B.
- What does pp&e (net) mean?
- The current book value of physical assets after accounting for wear and tear.