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Alcoa AA Gross margin

Gross margin at other companies

APO
Apogee EnterprisesAPOG
22.8%-1.6pp
Century Aluminum logo
Century AluminumCENX
12.2%+3.6pp
Constellium logo
ConstelliumCSTM
16.3%+4.0pp
Albemarle logo
AlbemarleALB
18.4%+14.9pp
Cleveland-Cliffs logo
Cleveland-CliffsCLF
-1.1%
Kaiser Aluminum logo
Kaiser AluminumKALU
14.5%+2.6pp

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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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

Calculated from Alcoa’s reported figures.

Based on trailing twelve months.

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 gross margin?
Alcoa (AA) reported gross margin of 18.8% in Q2 2026.
How has Alcoa's gross margin changed year-over-year?
Alcoa's gross margin decreased by 6.9% year-over-year, from 20.2% to 18.8%.
What is the long-term trend for Alcoa's gross margin?
Over 5 years (2020 to 2025), Alcoa's gross margin has grown at a 3.6% compound annual growth rate (CAGR), from 14.2% to 16.9%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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