What is Alcoa's long-term debt?

Alcoa (AA) reported long-term debt of $2.23B in Q2 2026.

How has Alcoa's long-term debt changed year-over-year?

Alcoa's long-term debt decreased by 13.6% year-over-year, from $2.57B to $2.23B.

What is the long-term trend for Alcoa's long-term debt?

Over 5 years (2020 to 2025), Alcoa's long-term debt has grown at a -0.2% compound annual growth rate (CAGR), from $2.46B to $2.44B.

What does long-term debt mean?

Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

Alcoa AA Long-Term Debt

Long-Term Debt at other companies

APO

Apogee EnterprisesAPOG

$237.41M-23.7%

Century AluminumCENX

$430.9M+772%

ConstelliumCSTM

$1.97B+1.5%

AlbemarleALB

$1.81B-42.2%

Cleveland-CliffsCLF

$7.7B-0.3%

Kaiser AluminumKALU

$1.04B-3.4%

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$11.67B+47.0%

Enterprise value$12.55B+39.3%

P/E9.1×+1.2×

P/S0.9×+0.2×

Profitability

See full

Gross margin18.8%-1.4pp

Net margin9.4%+1.5pp

FCF margin4.6%+3.3pp

Returns & leverage

See full

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.

Tagged under the XBRL concept us-gaap:LongTermDebtAndCapitalLeaseObligations.

The official record: Alcoa’s 8-K, filed July 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alcoa's long-term debt?: Alcoa (AA) reported long-term debt of $2.23B in Q2 2026.
How has Alcoa's long-term debt changed year-over-year?: Alcoa's long-term debt decreased by 13.6% year-over-year, from $2.57B to $2.23B.
What is the long-term trend for Alcoa's long-term debt?: Over 5 years (2020 to 2025), Alcoa's long-term debt has grown at a -0.2% compound annual growth rate (CAGR), from $2.46B to $2.44B.
What does long-term debt mean?: Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.