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Alcoa AA Free cash flow

Free cash flow at other companies

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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%

Valuation

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Market cap$12.21B+43.5%
Enterprise value$13.08B+36.6%
P/E9.6×+1.1×
P/S0.9×+0.2×

Profitability

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Gross margin18.8%-1.4pp
Net margin9.4%+1.5pp
FCF margin4.6%+3.3pp

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

Reported directly by Alcoa in its filing.

The source filing: Alcoa’s 8-K, filed July 16, 2026. Open the filing →

Filed
Jul 16, 2026, 4:12 PM EDT
Accession
0001193125-26-306118

FAQ

What is Alcoa's free cash flow?
Alcoa (AA) reported free cash flow of $184M in Q2 2026.
How has Alcoa's free cash flow changed year-over-year?
Alcoa's free cash flow decreased by 48.5% year-over-year, from $357M to $184M.
What is the long-term trend for Alcoa's free cash flow?
Over 2 years (2021 to 2024), Alcoa's free cash flow has grown at a -71.8% compound annual growth rate (CAGR), from $530M to $42M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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