SequelSEC

Alcoa Corp AA

Primary Production of Aluminum · CIK 0001675149 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$12.83B
Fiscal year ended 2025-12-31
Operating income
Unavailable
Fiscal year ended 2025-12-31
Free cash flow
$567.00M
Fiscal year ended 2025-12-31

Alcoa Corp (AA) reported revenue of $12.83B and net income of $1.16B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Alcoa Corp’s SEC filings, each linked to the filing it came from.

Income

Alcoa Corp income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$12.83B$11.90B$10.55B$12.45B$12.15B$9.29B$10.43B$13.40B$11.65B$9.32B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$1.16B$60.00M-$651.00M-$123.00M$429.00M-$170.00M-$1.12B$250.00M$279.00M-$400.00M
Research & development$24.00M$57.00M$39.00M$32.00M$31.00M$27.00M$27.00M$31.00M$32.00M$33.00M
Weighted-average diluted sharesshares 261.00Mshares 214.00Mshares 178.00Mshares 181.00Mshares 190.00Mshares 186.00Mshares 185.00Mshares 189.00Mshares 187.00Mshares 183.00M
Pretax income$1.06B$289.00M-$584.00M$702.00M$1.20B$173.00M-$438.00M$1.62B$1.20B-$162.00M
Income tax expense-$55.00M$265.00M$189.00M$664.00M$629.00M$187.00M$415.00M$732.00M$592.00M$184.00M
Diluted EPS$4.37$0.26$-3.65$-0.68$2.26$-0.91$-6.07$1.33$1.49$-2.19
Selling, general & administrative$299.00M$275.00M$226.00M$204.00M$227.00M$206.00M$280.00M$248.00M$280.00M$356.00M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Alcoa Corp balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$1.60B$1.14B$944.00M$1.36B$1.81B$1.61B$879.00M$1.11B$1.36B$853.00M
Total assets$16.13B$14.06B$14.16B$14.76B$15.02B$14.86B$14.63B$16.13B$17.45B$16.74B
Current assets$5.47B$4.91B$4.40B$5.25B$5.03B$4.52B$3.53B$4.33B$4.24B$3.18B
Total liabilities$9.94B$8.91B$8.31B$8.17B$8.74B$9.84B$8.74B$8.54B$10.65B$9.04B
Current liabilities$3.80B$3.40B$3.03B$3.00B$3.22B$2.76B$2.56B$2.92B$3.25B$2.82B
Total equity incl. NCI$6.12B$5.16B$5.84B$6.59B$6.28B$5.02B$5.89B$7.59B$6.97B$7.82B
Temporary (mezzanine) equity$76.00M$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$2.18B$2.00B$2.16B$2.43B$1.96B$1.40B$1.64B$1.82B$1.45B$1.16B
Accounts receivable$1.06B$1.10B$656.00M$778.00M$757.00M$471.00M$546.00M$830.00M$811.00M$668.00M
Goodwill$0$142.00M$146.00M$145.00M$144.00M$145.00M$150.00M$151.00M$989.00M$989.00M
Long-term debt$2.44B$2.47B$1.73B$1.81B$1.73B$2.46B$1.80B$1.80B$1.39B$1.42B
Accounts payable$1.94B$1.80B$1.71B$1.76B$1.67B$1.40B$1.48B$1.66B$1.90B$1.46B

Cash flow

Alcoa Corp cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$1.18B$622.00M$91.00M$822.00M$920.00M$394.00M$686.00M$448.00M$1.22B-$311.00M
Capital expenditures$618.00M$580.00M$531.00M$480.00M$390.00M$353.00M$379.00M$399.00M$405.00M$404.00M
Investing cash flow-$502.00M-$608.00M-$585.00M-$495.00M$565.00M-$167.00M-$468.00M-$405.00M-$226.00M-$149.00M
Financing cash flow-$261.00M$201.00M$57.00M-$768.00M-$1.16B$514.00M-$444.00M-$288.00M-$506.00M$749.00M
Net change in cash$458.00M$187.00M-$427.00M-$450.00M$314.00M$727.00M-$233.00M-$249.00M$506.00M$302.00M
Stock-based compensation$41.00M$36.00M$35.00M$40.00M$39.00M$25.00M$30.00M$35.00M$24.00M$28.00M
Common dividends paid$104.00M$89.00M$72.00M$72.00M$19.00MUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailable$0$0$500.00M$150.00MUnavailableUnavailable$50.00MUnavailableUnavailable
Depreciation & amortization$623.00M$642.00M$632.00M$617.00M$664.00M$653.00M$713.00M$733.00M$750.00M$718.00M

Derived

Alcoa Corp derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow$567.00M$42.00M-$440.00M$342.00M$530.00M$41.00M$307.00M$49.00M$819.00M-$715.00M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF margin4.4%0.4%-4.2%2.7%4.4%0.4%2.9%0.4%7.0%-7.7%
SBC / revenue0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.3%0.2%0.3%
Current ratio1.44x1.45x1.45x1.75x1.56x1.64x1.38x1.48x1.30x1.13x
Revenue YoY growth7.9%12.7%-15.3%2.5%30.9%-11.0%-22.2%15.0%25.0%Unavailable
Net margin9.0%0.5%-6.2%-1.0%3.5%-1.8%-10.8%1.9%2.4%-4.3%
R&D / revenue0.2%0.5%0.4%0.3%0.3%0.3%0.3%0.2%0.3%0.4%
CapEx / revenue4.8%4.9%5.0%3.9%3.2%3.8%3.6%3.0%3.5%4.3%
Long-term debt / equity0.40xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate-5.2%91.7%Unavailable94.6%52.5%108.1%Unavailable45.0%49.3%Unavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AA in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-04-30View SEC filing
10-K · Filed 2026-02-26View SEC filing
10-Q · Filed 2025-10-28View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing

Companies in the same industry

CENX

Reconciliation checks needing review

2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2017-12-31

Difference 170000000 exceeds tolerance 17447000.000. Presentation or filing-vintage differences need review.

balance equationreview2016-12-31

Difference 121000000 exceeds tolerance 16741000.000. Presentation or filing-vintage differences need review.