Alcoa Corp

AA · NYSE · Basic Materials / Aluminum

39.74USD-0.71 (-1.76%)

Price History

Full chart

Market Stats

Previous Close40.45

Open40.44

Day Range39.21 – 40.68

52-Week Range34.94 – 84.22

Volume2.78M

Market Cap10.67B

P/E (TTM)8.62

Forward P/E8.04

EPS4.69

Dividend Yield0.96%

Beta1.74

50-Day Avg47.18

200-Day Avg57.65

About

Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments: Alumina and Aluminum. It operates bauxite and other aluminous ores mining and processes bauxite into alumina for sale to aluminum smelter customers and customers who process it into industrial chemical products through supply contracts to third parties, as well as aluminum smelting and casting businesses. The company also offers aluminium powder and scrap and primary aluminum in the form of commodity grade ingot and value-add ingot to customers that produce products for transportation, building and construction, packaging, wire, and other industrial markets. In addition, it provides energy that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in May 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.

Company Details

SectorBasic Materials
IndustryAluminum
CEOMr. William F. Oplinger
Employees14.90K
Headquarters201 Isabella Street, Pittsburgh, PA, United States, 15212-5858, USA
Websitehttps://www.alcoa.com

Leadership

Mr. William F. OplingerPresident, CEO & Director · b. 1967
Ms. Molly S. BeermanExecutive VP & CFO · b. 1964
Mr. Matthew T. ReedExecutive VP & COO · b. 1973
Mr. Andrew J.A HastingsExecutive VP & General Counsel · b. 1975
Mr. Renato Bacchi C.F.A.Executive VP & Chief Commercial Officer · b. 1977
Ms. Tammi A. JonesExecutive VP & Chief Human Resources Officer · b. 1980
Ms. Heather HudakSenior Vice President of Tax
Mr. Louis Langlois CPASenior Vice President of Treasury & Capital Markets
Mr. Andrew EstelSenior Vice President of Strategy
Ms. Emily OlsonExecutive VP & Chief External Affairs Officer

Financials

Income Statement

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	23.06B	23.95B	11.22B	9.32B	11.78B	13.52B	10.49B	9.37B	12.44B	12.76B	10.71B	11.89B	12.83B
Growth (%)	-	+3.84%	-53.14%	-16.89%	+26.33%	+14.75%	-22.36%	-10.70%	+32.70%	+2.61%	-16.11%	+11.11%	+7.87%
Cost of Revenue	20.71B	20.51B	9.82B	8.62B	9.76B	10.82B	9.29B	8.61B	9.81B	10.83B	10.46B	10.69B	11.01B
Gross Profit	2.35B	3.44B	1.40B	709.00M	2.02B	2.69B	1.20B	765.00M	2.62B	1.93B	241.00M	1.50B	1.73B
Gross Margin	10.20%	14.35%	12.49%	7.60%	17.15%	19.93%	11.45%	8.16%	21.08%	15.15%	2.25%	12.59%	13.48%
Operating Expense	1.20B	1.21B	410.00M	324.00M	312.00M	279.00M	307.00M	233.00M	258.00M	236.00M	265.00M	332.00M	758.00M
Operating Income	1.15B	2.22B	991.00M	385.00M	1.71B	2.42B	895.00M	532.00M	2.36B	1.70B	-24.00M	1.17B	971.00M
Operating Margin	5.00%	9.29%	8.83%	4.13%	14.50%	17.87%	8.53%	5.68%	19.01%	13.30%	-0.22%	9.80%	7.57%
EBITDA	57.00M	2.34B	713.00M	799.00M	2.01B	2.48B	396.00M	972.00M	2.06B	1.43B	155.00M	1.09B	1.86B
EBITDA Margin	0.25%	9.78%	6.35%	8.57%	17.09%	18.35%	3.77%	10.37%	16.55%	11.17%	1.45%	9.14%	14.53%
Net Income	-2.29B	268.00M	-863.00M	-400.00M	217.00M	250.00M	-1.13B	-170.00M	429.00M	-123.00M	-651.00M	60.00M	1.15B
Net Income Margin	-9.91%	1.12%	-7.69%	-4.29%	1.84%	1.85%	-10.72%	-1.81%	3.45%	-0.96%	-6.08%	0.50%	8.95%
R&D	86.00M	95.00M	69.00M	33.00M	32.00M	31.00M	27.00M	27.00M	31.00M	32.00M	39.00M	57.00M	24.00M
R&D as % of Total Revenue	0.37%	0.40%	0.61%	0.35%	0.27%	0.23%	0.26%	0.29%	0.25%	0.25%	0.36%	0.48%	0.19%
Interest Expense	305.00M	309.00M	270.00M	243.00M	104.00M	122.00M	121.00M	146.00M	195.00M	106.00M	107.00M	156.00M	158.00M
Interest Expense % of Total Revenue	1.32%	1.29%	2.41%	2.61%	0.88%	0.90%	1.15%	1.56%	1.57%	0.83%	1.00%	1.31%	1.23%

Balance Sheet

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	-	18.68B	16.41B	16.74B	17.45B	16.13B	14.63B	14.86B	15.03B	14.76B	14.15B	14.06B	16.13B
Total Liabilities	-	5.61B	4.90B	9.04B	10.65B	8.54B	8.74B	9.84B	8.74B	8.17B	8.31B	8.91B	9.94B
Total Equity	-	10.60B	9.44B	5.65B	4.52B	5.62B	4.11B	3.31B	4.67B	5.08B	4.25B	5.16B	6.12B
Cash	-	266.00M	557.00M	853.00M	1.36B	1.11B	879.00M	1.61B	1.81B	1.36B	944.00M	1.14B	1.69B
Total Debt	-	342.00M	225.00M	1.45B	1.40B	1.80B	1.90B	2.62B	1.87B	1.87B	1.97B	2.82B	2.75B
Net Debt	-	76.00M	-332.00M	592.00M	46.00M	689.00M	1.02B	1.02B	52.00M	503.00M	1.03B	1.68B	1.05B

Cash Flow

Currency: USD	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	452.00M	842.00M	875.00M	-311.00M	1.22B	448.00M	686.00M	394.00M	920.00M	822.00M	91.00M	622.00M	1.19B
Investing Cash Flow	-802.00M	-338.00M	-384.00M	-149.00M	-226.00M	-405.00M	-468.00M	-167.00M	565.00M	-495.00M	-585.00M	-608.00M	-502.00M
Financing Cash Flow	429.00M	-444.00M	-162.00M	749.00M	-506.00M	-288.00M	-444.00M	514.00M	-1.16B	-768.00M	57.00M	201.00M	-261.00M
Capital Expenditure	567.00M	444.00M	391.00M	404.00M	405.00M	399.00M	379.00M	353.00M	390.00M	480.00M	531.00M	580.00M	618.00M
Free Cash Flow	-115.00M	398.00M	484.00M	-715.00M	819.00M	49.00M	307.00M	41.00M	530.00M	342.00M	-440.00M	42.00M	567.00M
Dividends Paid	-	-	-	233.00M	342.00M	827.00M	472.00M	1.00M	19.00M	72.00M	72.00M	90.00M	105.00M
FCF to OCF	-25.44%	47.27%	55.31%	229.90%	66.91%	10.94%	44.75%	10.41%	57.61%	41.61%	-483.52%	6.75%	47.85%
Dividend Paid to FCF	-	-	-	-32.59%	41.76%	1687.76%	153.75%	2.44%	3.58%	21.05%	-16.36%	214.29%	18.52%

Earnings

Report Date	Mar 31, 1998	Jun 30, 1998	Sep 30, 1998	Dec 31, 1998	Mar 31, 1999	Jun 30, 1999	Sep 30, 1999	Dec 31, 1999	Mar 31, 2000	Jun 30, 2000	Oct 5, 2000	Jan 8, 2001	Apr 5, 2001	Jul 6, 2001	Oct 4, 2001	Jan 8, 2002	Apr 5, 2002	Jul 8, 2002	Oct 4, 2002	Jan 8, 2003	Apr 4, 2003	Jul 8, 2003	Oct 7, 2003	Feb 10, 2004	Apr 7, 2004	Jul 8, 2004	Oct 7, 2004	Jan 10, 2005	Apr 6, 2005	Jul 7, 2005	Oct 10, 2005	Jan 9, 2006	Apr 10, 2006	Jul 10, 2006	Oct 10, 2006	Jan 9, 2007	Jul 10, 2007	Oct 10, 2007	Jan 10, 2008	Apr 8, 2008	Jul 9, 2008	Oct 8, 2008	Jan 13, 2009	Apr 8, 2009	Jul 9, 2009	Oct 8, 2009	Jan 12, 2010	Apr 13, 2010	Jul 13, 2010	Oct 8, 2010	Jan 11, 2011	Apr 12, 2011	Jan 10, 2012	Apr 11, 2012	Jul 10, 2012	Oct 10, 2012	Jan 9, 2013	Apr 9, 2013	Jul 9, 2013	Oct 9, 2013	Jan 10, 2014	Apr 9, 2014	Jul 9, 2014	Oct 9, 2014	Jan 13, 2015	Apr 9, 2015	Jul 9, 2015	Oct 9, 2015	Jan 12, 2016	Apr 12, 2016	Jul 12, 2016	Dec 1, 2016	Jan 24, 2017	Apr 24, 2017	Jul 19, 2017	Oct 18, 2017	Jan 17, 2018	Apr 18, 2018	Jul 18, 2018	Oct 17, 2018	Jan 16, 2019	Apr 17, 2019	Jul 17, 2019	Oct 16, 2019	Jan 15, 2020	Apr 22, 2020	Jul 15, 2020	Oct 14, 2020	Jan 20, 2021	Apr 15, 2021	Jul 15, 2021	Oct 14, 2021	Jan 19, 2022	Apr 20, 2022	Jul 20, 2022	Oct 19, 2022	Jan 18, 2023	Apr 19, 2023	Jul 19, 2023	Oct 18, 2023	Jan 17, 2024	Apr 17, 2024	Jul 17, 2024	Oct 16, 2024	Jan 22, 2025	Apr 16, 2025	Jul 16, 2025	Oct 22, 2025	Jan 22, 2026	Apr 16, 2026	Jul 16, 2026	Oct 15, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.24	0.48	0.58	0.75	1.23	0.73	1.32	0.34	0.50	-0.13	-0.06	-0.29	-0.22	-0.17	-0.05	-1.25	0.07	0.46	1.31	1.80	1.91	2.79	2.49	0.18	-0.70	-0.11	-0.44	-1.07	-0.86	-0.44	0.09	0.30	1.01	1.41	0.39	-0.05	1.01	1.55	2.33	1.65
EPS Actual	0.93	0.93	0.91	0.92	0.89	0.97	1.03	1.33	1.43	1.41	1.26	1.32	1.39	1.06	1.17	-0.49	0.77	0.82	0.68	-0.51	0.54	0.77	0.97	1.00	1.21	1.38	1.02	0.92	0.89	1.57	0.99	0.77	2.08	2.54	1.85	1.24	2.43	1.90	2.24	1.10	1.99	0.99	-4.46	-1.83	-1.40	0.23	-0.85	-0.60	0.36	0.18	0.75	0.82	-0.51	0.26	-0.01	-0.40	0.62	0.40	-0.33	0.06	-6.56	-0.49	0.35	0.37	0.34	0.43	0.30	0.06	-1.18	-0.00	0.27	0.02	0.14	0.63	0.62	0.72	1.04	0.77	1.52	0.63	0.66	-0.23	-0.01	-0.44	-0.31	-0.23	-0.02	-1.17	0.26	0.79	1.49	2.05	2.50	3.06	2.67	-0.33	-0.70	-0.23	-0.35	-1.14	-0.56	-0.81	0.16	0.57	1.04	2.15	0.39	-0.02	1.26	1.40	2.12	1.82
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-50.00%	-41.67%	31.25%	6.90%	-4.00%	-15.45%	5.48%	15.15%	85.29%	32.00%	-76.92%	83.33%	-51.72%	-40.91%	-35.29%	60.00%	6.40%	271.43%	71.74%	13.74%	13.89%	30.89%	9.68%	7.23%	-283.33%	0.00%	-109.09%	20.45%	-6.54%	34.88%	-84.09%	77.78%	90.00%	2.97%	52.48%	0.00%	60.00%	24.75%	-9.68%	-9.01%	10.30%
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap10.67B

Enterprise Value12.49B

Trailing P/E8.62

Forward P/E8.04

PEG Ratio8.36

Price / Sales0.78

Price / Book1.58

EPS4.69

Book Value27.93

Revenue (TTM)13.60B

Gross Profit (TTM)2.69B

EBITDA2.31B

Profit Margin9.39%

Operating Margin18.36%

Return on Equity18.23%

Return on Assets6.49%

Shares Outstanding263.91M

Shares Float262.81M

Beta1.74

Dividend Yield0.96%

Dividend Rate0.40

Payout Ratio6.08%

Analyst Ratings

Buy

Based on 13 analystsTarget 59.90

Strong Buy
8
Buy
1
Hold
3
Sell
1

Ownership Breakdown

Institutions: 85.55%
Insiders: 0.52%
Retail / Other: 13.93%

Top Institutional Holders

BlackRock Inc
29.32M11.11%
FMR Inc
17.00M6.44%
Vanguard Portfolio Management, LLC
13.00M4.92%
Vanguard Capital Management, LLC
11.93M4.52%
Eagle Capital Management LLC
11.88M4.50%
State Street Corp
10.88M4.12%
Dimensional Fund Advisors, Inc.
5.85M2.22%
Geode Capital Management, LLC
5.83M2.21%
AQR Capital Management LLC
4.09M1.55%
Morgan Stanley - Brokerage Accounts
3.59M1.36%
D. E. Shaw & Co LP
3.59M1.36%
Bank of New York Mellon Corp
3.19M1.21%
Qube Research & Technologies
2.77M1.05%

Top Fund Holders

iShares Core S&P Mid-Cap ETF
9.40M3.56%
Vanguard MStar Total Stk Mkt Idx Invest
8.38M3.18%
Vanguard Small Cap Index
6.07M2.30%
Stt Strt®SPDR®S&P®Mtls &MngETF
4.40M1.67%
Vanguard MStar Small Cap Value Index
3.86M1.46%
Fidelity OTC
3.68M1.40%
Fidelity Puritan
2.55M0.97%

Dividends

20264×

0.10Oct 27, 20260.10Aug 11, 20260.10May 19, 20260.10Mar 10, 2026

20254×

0.10Nov 4, 20250.10Aug 12, 20250.10May 20, 20250.10Mar 4, 2025

20244×

0.10Oct 29, 20240.10Aug 12, 20240.10May 20, 20240.10Mar 4, 2024

20234×

0.10Oct 30, 20230.10Aug 7, 20230.10May 15, 20230.10Mar 6, 2023

20224×

0.10Oct 31, 20220.10Aug 8, 20220.10May 16, 20220.10Mar 7, 2022

20211×

0.10Oct 28, 2021

20163×

0.09Nov 2, 20160.07Aug 3, 20160.07May 4, 2016

Stock Splits

Nov 1, 20161000:801
Oct 6, 20161:3
Jun 12, 20002:1
Feb 26, 19992:1
Feb 27, 19952:1
Feb 23, 19812:1
Feb 4, 19743:2