What is Alcoa's current debt?

Alcoa (AA) reported current debt of $1M in Q2 2026.

How has Alcoa's current debt changed year-over-year?

Alcoa's current debt decreased by 87.5% year-over-year, from $8M to $1M.

What is the long-term trend for Alcoa's current debt?

Over 5 years (2020 to 2025), Alcoa's current debt has grown at a -34.9% compound annual growth rate (CAGR), from $77M to $9M.

What does current debt mean?

The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.

Alcoa AA Current Debt

Current Debt at other companies

Century AluminumCENX

$84M—

ConstelliumCSTM

$42M-22.2%

AlbemarleALB

$74.63M-81.8%

Alpha Metallurgical ResourcesAMR

$3.23M+21.1%

NucorNUE

$134M-16.3%

United States AntimonyUAMY

$138.14K+3.5%

Other financials

Income statement

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Revenue$4.0B+31.4%

Gross profit$999.0M+173%

Net income$407.0M+148%

EPS (diluted)$1.53+147%

Balance sheet

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Cash & equivalents$1.4B-10.7%

Total debt$2.2B-13.8%

Total equity$5.2B+21.3%

Total assets$16.9B+12.4%

Cash flow

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Operating cash flow$608.0M+24.6%

CapEx-$424.0M-424%

Free cash flow$184.0M-48.5%

Valuation

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Market cap$11.32B+45.1%

Enterprise value$12.19B+37.5%

P/E8.9×+1.1×

P/S0.8×+0.2×

Profitability

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Gross margin18.8%-1.4pp

Net margin9.4%+1.5pp

FCF margin4.6%+3.3pp

Returns & leverage

See full

Return on equity1.3%+0.7pp

Debt / equity0.5×+0.1×

Current ratio1.5×-0.1×

Where this comes from

Reported directly by Alcoa in its filing.

Tagged under the XBRL concept us-gaap:ShortTermBorrowings.

The official record: Alcoa’s 8-K, filed July 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alcoa's current debt?: Alcoa (AA) reported current debt of $1M in Q2 2026.
How has Alcoa's current debt changed year-over-year?: Alcoa's current debt decreased by 87.5% year-over-year, from $8M to $1M.
What is the long-term trend for Alcoa's current debt?: Over 5 years (2020 to 2025), Alcoa's current debt has grown at a -34.9% compound annual growth rate (CAGR), from $77M to $9M.
What does current debt mean?: The portion of long-term debt maturing within the next 12 months, requiring refinancing or repayment from operating cash flows.