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Alcoa AA Free cash flow margin

Free cash flow margin at other companies

APO
Apogee EnterprisesAPOG
8.8%+4.1pp
Century Aluminum logo
Century AluminumCENX
-0.5%-0.2pp
Constellium logo
ConstelliumCSTM
2.3%+1.7pp
Albemarle logo
AlbemarleALB
-2.8%-1.3pp
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-5.3%-0.3pp
Kaiser Aluminum logo
Kaiser AluminumKALU
2.1%+1.5pp

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$11.94B+58.4%
Enterprise value$12.82B+48.9%
P/E9.4×+1.8×
P/S0.9×+0.3×

Profitability

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Gross margin18.8%-1.4pp
Net margin9.4%+1.5pp

Returns & leverage

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Return on equity1.3%+0.7pp
Debt / equity0.5×+0.1×
Current ratio1.5×-0.1×

Where this comes from

Calculated from Alcoa’s reported figures.

Based on trailing twelve months.

The source filing: Alcoa’s 10-Q, filed July 31, 2025. Open the filing →

Filed
Jul 31, 2025
Fiscal quarter
Q2 FY2025
Calendar quarter
Q2 2025
Accession
0000950170-25-100979

FAQ

What is Alcoa's free cash flow margin?
Alcoa (AA) reported free cash flow margin of 4.6% in Q2 2025.
How has Alcoa's free cash flow margin changed year-over-year?
Alcoa's free cash flow margin increased by 276.0% year-over-year, from -2.6% to 4.6%.
What is the long-term trend for Alcoa's free cash flow margin?
Over 2 years (2021 to 2024), Alcoa's free cash flow margin has grown at a -71.5% compound annual growth rate (CAGR), from 4.4% to 0.4%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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