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Non-Current Assets

PP&E (Net)

Alcoa PP&E (Net) increased by 2.4% to $6.86B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $6.5B to $6.86B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows relatively stable performance with a -1.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Growth indicates ongoing capital investment in capacity, while a decline may suggest aging assets or significant divestitures.

Detailed definition

This represents the book value of long-term tangible assets, such as mines, refineries, and manufacturing facilities, ne...

Peer comparison

Highly comparable across heavy industry and mining companies, reflecting the capital intensity of the business model.

Metric ID: property_plant_equipment_net

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$6.98B$6.68B$6.62B$6.82B$6.46B$6.25B$6.49B$6.43B$6.45B$6.53B$6.79B$6.58B$6.5B$6.72B$6.39B$6.5B$6.67B$6.63B$6.7B$6.86B
QoQ Change-4.3%-0.8%+3.0%-5.4%-3.1%+3.8%-1.0%+0.3%+1.3%+3.9%-3.1%-1.1%+3.4%-4.9%+1.7%+2.7%-0.6%+1.1%+2.4%
YoY Change-7.4%-6.4%-2.0%-5.8%-0.2%+4.4%+4.5%+2.3%+0.9%+2.9%-5.8%-1.2%+2.6%-1.4%+4.9%+5.6%
Range$6.25B$6.98B
CAGR-0.3%
Avg YoY Growth-0.1%
Median YoY Growth+0.4%
Current Streak2 quarters growth

Product Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Energy$836M$851M$869M$855M$872M
Aluminum Smelting And Casting$5.55B
Bauxite Mining And Alumina Refining$4.22B
Total$6.62B$6.49B$6.79B$6.39B$6.7B

Geographic Breakdown — Other Geographical Regions

View all
SegmentQ4 '24
Other Geographical Regions$3M
Total$6.39B

Geographic Breakdown — AU

View all
SegmentQ4 '24
AU$1.95B
BR$1.35B
CA$903M
IS$901M
US$749M
NO$288M
ES$244M
Total$6.39B

Frequently Asked Questions

What is Alcoa's pp&e (net)?
Alcoa (AA) reported pp&e (net) of $6.86B in Q1 2026.
How has Alcoa's pp&e (net) changed year-over-year?
Alcoa's pp&e (net) increased by 5.6% year-over-year, from $6.5B to $6.86B.
What is the long-term trend for Alcoa's pp&e (net)?
Over 5 years (2020 to 2025), Alcoa's pp&e (net) has grown at a -1.4% compound annual growth rate (CAGR), from $7.19B to $6.7B.
What does pp&e (net) mean?
The net value of the company's physical assets like factories, mines, and equipment.