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Alcoa

AA

Alcoa Corporation is a global leader in the upstream aluminum industry, operating across the entire value chain from bauxite mining to alumina refining and aluminum smelting.

Market cap
$12.8B+58.7%
Revenue$12.7B-0.1%
Net income$1.0B+20.2%
Free cash flow$335.0M+698%
EPS (diluted)$3.90+10.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 16, 2026 (In 6 days)
Revenue estimate$4.0B
EPS estimate$2.29

Financials

Q1 2026

Income statement

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Revenue$3.2B-5.2%
Gross profit$681.0M-26.9%
Net income$425.0M-22.4%
EPS (diluted)$1.60-22.7%

Balance sheet

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Cash & equivalents$1.4B+12.6%
Total debt$2.6B-2.6%
Total assets$16.6B+14.2%

Cash flow

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Operating cash flow-$179.0M-339%
CapEx$119.0M+28.0%
Free cash flow-$298.0M-1,556%

Valuation & ratios

Valuation

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Market cap$12.8B+58.7%
Enterprise value$14B+53.3%
P/E12.4×+4.3×
P/S+0.4×

Profitability

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Gross margin15.2%-5.2pp
Net margin8.2%+1.4pp

Returns & leverage

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Current ratio1.5×-0.2×

Segments

By product

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Aluminum$2.6B+32.1%
Alumina$521.0M-57.0%
Bauxite$118.0M-51.2%
Energy$77.0M+133%
Other Products-$105.0M-45.8%

By segment

See full
Aluminum$2.5B+33.4%
Alumina$1.1B-49.3%

Competitors

Profile

Alcoa Corporation is a global leader in the upstream aluminum industry, operating across the entire value chain from bauxite mining to alumina refining and aluminum smelting. The company provides essential raw materials and finished aluminum products to global markets, leveraging a significant portfolio of energy assets to support its energy-intensive production processes.

Competitive position

Alcoa is the largest alumina producer and third-party supplier outside of China, maintaining a first-quartile cost position in global alumina production.

GeographiesUnited States, Australia, Brazil, Canada, Iceland, Norway, Spain, Guinea
Customer segmentsIndustrial, Automotive, Construction, Consumer Packaging
Business modelManufacturing, Extraction, Commodity Production
SuppliersCaustic soda suppliers, Calcined petroleum coke suppliers, Natural gas and electricity providers, Mining equipment manufacturers
CustomersAutomotive OEMs, Aerospace manufacturers, Construction contractors, Beverage can manufacturers, Utility companies
Listed2016
Employees13.6K
CEOWilliam F. Oplinger
IndustryAluminum
Websitealcoa.com
FilingsSEC EDGAR

Questions, answered.

What is Alcoa's market cap?
Alcoa (AA) has a market capitalization of $12.8B and trades on NYSE.
What is Alcoa's revenue and profitability?
Alcoa generated $12.7B in trailing twelve-month revenue with net income of $1.0B, representing a net margin of 8.2%. Gross margin stands at 15.2%, with free cash flow of $335.0M. These figures are based on the Q1 2026 filing.
Who are Alcoa's competitors?
Alcoa's key competitors include Century Aluminum, Rio Tinto, Albemarle Corporation, and others. These companies compete in similar markets and product categories.
Who does Alcoa partner with?
Alcoa's notable partners include Saudi Arabian Mining Company (Ma’aden), Rio Tinto, South32, and others.
What subsidiaries does Alcoa have?
Alcoa's subsidiaries include Alcoa of Australia Limited, Alumina Limited, Alcoa Steamship Company LLC, and others.
Where is Alcoa headquartered?
Alcoa is headquartered in United States of America and employs approximately 13,600 people. It has been publicly traded since 2016.