Non-Current Assets
Deferred Tax Assets
Alcoa Deferred Tax Assets decreased by 3.5% to $663M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 116.7%, from $306M to $663M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets shows relatively stable performance with a 1.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026
How to read this metric
An increase may indicate past losses or specific tax-advantaged investments that can be used to offset future tax liabilities.
Detailed definition
These are future tax benefits resulting from temporary differences between the book value of assets/liabilities and thei...
Peer comparison
Standard accounting item; variations across peers depend on tax jurisdiction and historical profitability trends.
Metric ID:
deferred_tax_assetsHistorical 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 | $729M | $698M | $506M | $667M | $445M | $417M | $296M | $340M | $320M | $395M | $333M | $295M | $311M | $329M | $284M | $306M | $317M | $524M | $687M | $663M |
| QoQ Change | — | -4.3% | -27.5% | +31.8% | -33.3% | -6.3% | -29.0% | +14.9% | -5.9% | +23.4% | -15.7% | -11.4% | +5.4% | +5.8% | -13.7% | +7.7% | +3.6% | +65.3% | +31.1% | -3.5% |
| YoY Change | — | — | — | — | -39.0% | -40.3% | -41.5% | -49.0% | -28.1% | -5.3% | +12.5% | -13.2% | -2.8% | -16.7% | -14.7% | +3.7% | +1.9% | +59.3% | +141.9% | +116.7% |
Range$284M – $729M
CAGR-2.0%
Avg YoY Growth+5.3%
Median YoY Growth-9.3%
Deferred Tax Assets at Other Companies
Frequently Asked Questions
- What is Alcoa's deferred tax assets?
- Alcoa (AA) reported deferred tax assets of $663M in Q1 2026.
- How has Alcoa's deferred tax assets changed year-over-year?
- Alcoa's deferred tax assets increased by 116.7% year-over-year, from $306M to $663M.
- What is the long-term trend for Alcoa's deferred tax assets?
- Over 5 years (2020 to 2025), Alcoa's deferred tax assets has grown at a 1.0% compound annual growth rate (CAGR), from $655M to $687M.
- What does deferred tax assets mean?
- Future tax savings that the company expects to realize based on past accounting or tax events.