Operating

Pension Expense

Alcoa Pension Expense decreased by 25.0% to $3.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 75.0%, from $12.00M to $3.00M. Over 4 years (FY 2021 to FY 2025), Pension Expense shows a downward trend with a -56.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.

Detailed definition

Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...

Peer comparison

Standard adjustment for companies with legacy defined benefit pension plans.

Metric ID: pension_and_postretirement_expense

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$507.00M$5.00M$4.00M$4.00M$5.00M$3.00M$5.00M$4.00M$5.00M$11.00M$4.00M$6.00M$4.00M$4.00M$2.00M$12.00M$2.00M$2.00M$4.00M$3.00M
QoQ Change-99.0%-20.0%+0.0%+25.0%-40.0%+66.7%-20.0%+25.0%+120.0%-63.6%+50.0%-33.3%+0.0%-50.0%+500.0%-83.3%+0.0%+100.0%-25.0%
YoY Change-99.0%-40.0%+25.0%+0.0%+0.0%+266.7%-20.0%+50.0%-20.0%-63.6%-50.0%+100.0%-50.0%-50.0%+100.0%-75.0%
Range$2.00M$507.00M
CAGR-66.0%
Avg YoY Growth+4.6%
Median YoY Growth-20.0%

Frequently Asked Questions

What is Alcoa's pension expense?
Alcoa (AA) reported pension expense of $3.00M in Q1 2026.
How has Alcoa's pension expense changed year-over-year?
Alcoa's pension expense decreased by 75.0% year-over-year, from $12.00M to $3.00M.
What is the long-term trend for Alcoa's pension expense?
Over 4 years (2021 to 2025), Alcoa's pension expense has grown at a -56.9% compound annual growth rate (CAGR), from $579.00M to $20.00M.
What does pension expense mean?
Non-cash accounting charges related to employee pension and retirement benefit plans.