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Alcoa AA Net debt / EBITDA

Net debt / EBITDA at other companies

Albemarle logo
AlbemarleALB
Reliance logo
RelianceRS
1.3×+0.2×
Nucor logo
NucorNUE
-0.5×-0.2×
Carpenter Technology logo
Carpenter TechnologyCRS
0.5×-0.4×
Steel Dynamics logo
Steel DynamicsSTLD
1.6×0.0×
ATI logo
ATIATI
1.7×-0.1×

Other financials

Income statement

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Revenue$3.2B-5.2%
Gross profit$681.0M-26.9%
Net income$425.0M-22.5%
EPS (diluted)$1.60-22.7%

Balance sheet

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Cash & equivalents$1.4B+12.6%
Total debt$2.6B-2.6%
Total assets$16.6B+14.2%

Cash flow

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Operating cash flow-$179.0M-339%
CapEx$119.0M+28.0%
Free cash flow-$298.0M-1,556%

Valuation

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Market cap$16.29B+122%
Enterprise value$17.49B+101%
P/E15.8×+7.2×
P/S1.3×+0.7×

Profitability

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Gross margin15.2%-5.2pp
Net margin8.2%+1.4pp

Returns & leverage

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Return on equity1.3%+0.7pp
Debt / equity0.5×+0.1×
Current ratio1.5×-0.2×

Where this comes from

Calculated from Alcoa’s reported figures.

Based on the most recent quarter.

The official record: Alcoa’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 2 years (2021 to 2025), Alcoa's net debt / EBITDA has grown at a 43.2% compound annual growth rate (CAGR), from 1.1× to 2.3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.