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Current Assets

Derivative assets

Alcoa Derivative assets increased by 149.0% to $122M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 221.1%, from $38M to $122M. Over 5 years (FY 2020 to FY 2025), Derivative assets shows an upward trend with a 18.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalHigher is better
VolatilityVolatile
First reportedQ4 2016
Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase indicates that the company's hedging strategy is successfully mitigating market volatility, providing a buffer against adverse price movements.

Detailed definition

This represents the fair market value of financial derivative contracts that are currently in a gain position for the co...

Peer comparison

Common among commodity-intensive firms that utilize hedging to stabilize earnings against volatile input and output prices.

Metric ID: fin_derivative_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$25M$19M$14M$64M$224M$207M$134M$106M$93M$33M$29M$22M$38M$5M$25M$38M$73M$44M$49M$122M
QoQ Change-24.0%-26.3%+357.1%+250.0%-7.6%-35.3%-20.9%-12.3%-64.5%-12.1%-24.1%+72.7%-86.8%+400.0%+52.0%+92.1%-39.7%+11.4%+149.0%
YoY Change+796.0%+989.5%+857.1%+65.6%-58.5%-84.1%-78.4%-79.2%-59.1%-84.8%-13.8%+72.7%+92.1%+780.0%+96.0%+221.1%
Range$5M$224M
CAGR+39.6%
Avg YoY Growth+219.5%
Median YoY Growth+69.2%
Current Streak2 quarters growth

Frequently Asked Questions

What is Alcoa's derivative assets?
Alcoa (AA) reported derivative assets of $122M in Q1 2026.
How has Alcoa's derivative assets changed year-over-year?
Alcoa's derivative assets increased by 221.1% year-over-year, from $38M to $122M.
What is the long-term trend for Alcoa's derivative assets?
Over 5 years (2020 to 2025), Alcoa's derivative assets has grown at a 18.5% compound annual growth rate (CAGR), from $21M to $49M.
What does derivative assets mean?
The current market value of financial hedging contracts that are currently profitable.