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Alcoa AA Net debt / EBITDA

Net debt / EBITDA at other companies

APO
Apogee EnterprisesAPOG
1.8×-0.8×
Century Aluminum logo
Century AluminumCENX
-0.5×-0.5×
Constellium logo
ConstelliumCSTM
1.5×
Albemarle logo
AlbemarleALB
0.5×
Cleveland-Cliffs logo
Cleveland-CliffsCLF
26.9×
Kaiser Aluminum logo
Kaiser AluminumKALU
2.2×-2.2×

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$12.53B+63.8%
Enterprise value$13.4B+53.7%
P/E9.8×+2.2×
P/S0.9×+0.3×

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

Calculated from Alcoa’s reported figures.

Based on the most recent quarter.

The source filing: Alcoa’s 10-Q, filed April 30, 2026. Open the filing →

Filed
Apr 30, 2026, 4:26 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-197447

FAQ

What is Alcoa's net debt / EBITDA?
Alcoa (AA) reported net debt / EBITDA of 0.7× in Q1 2026.
How has Alcoa's net debt / EBITDA changed year-over-year?
Alcoa's net debt / EBITDA increased by 5.8% year-over-year, from 0.7× to 0.7×.
What is the long-term trend for Alcoa's net debt / EBITDA?
Over 4 years (2020 to 2025), Alcoa's net debt / EBITDA has grown at a -13.2% compound annual growth rate (CAGR), from 1.1× to 0.6×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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