Alcoa Corp (AA) Financial Statements
Industry: Primary Production of Aluminum
In fiscal 2025, Alcoa reported revenue of $12.83B, up 7.9% from $11.89B the year before. Net income was $1.16B (a 9.0% net margin), or $4.37 per diluted share. Operating activities generated $1.19B of cash, leaving $567.0M of free cash flow. At fiscal year end, Alcoa held $16.13B in total assets against $9.94B in total liabilities, including $1.60B of cash and equivalents.
Open the full interactive Alcoa financials → Quarterly statements, key ratios, valuation history and price charts.
Alcoa Key Stats
| Share Price | $41.49 |
|---|---|
| Market Cap | $11.04B |
| P/E Ratio | 9.5 |
| Revenue YoY Growth | +7.9% |
| 52-Week Range | $35.08 – $83.63 |
| Shares Outstanding | 264.0 million (basic, 2026 Q2) |
Alcoa Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $9.29B | $12.15B | $12.45B | $10.55B | $11.89B | $12.83B |
| Pre-Tax Income | $173.0M | $1.20B | $702.0M | -$584.0M | $289.0M | $1.06B |
| Income Tax | $187.0M | $629.0M | $664.0M | $189.0M | $265.0M | -$55.0M |
| Net Income | -$170.0M | $429.0M | -$123.0M | -$651.0M | $60.0M | $1.16B |
| Diluted EPS | -$0.91 | $2.26 | -$0.68 | -$3.65 | $0.26 | $4.37 |
Alcoa Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.00B | $3.45B | $3.19B | $3.97B |
| Net Income | $232.0M | $213.0M | $425.0M | $407.0M |
| Diluted EPS | $0.88 | $0.82 | $1.60 | $1.53 |
Alcoa Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.61B | $1.81B | $1.36B | $944.0M | $1.14B | $1.60B |
| Current Assets | $4.52B | $5.03B | $5.25B | $4.41B | $4.91B | $5.47B |
| Total Assets | $14.86B | $15.03B | $14.76B | $14.15B | $14.06B | $16.13B |
| Current Liabilities | $2.76B | $3.22B | $3.00B | $3.03B | $3.40B | $3.80B |
| Total Long-Term Debt | $2.46B | $1.73B | $1.81B | $1.81B | $2.54B | $2.44B |
| Total Liabilities | $9.84B | $8.74B | $8.17B | $8.31B | $8.91B | $9.94B |
| Shareholders' Equity | $3.31B | $4.67B | $5.08B | $4.25B | $5.16B | $6.12B |
Alcoa Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $394.0M | $920.0M | $822.0M | $91.0M | $622.0M | $1.19B |
| Cash From Investing | -$167.0M | $565.0M | -$495.0M | -$585.0M | -$608.0M | -$502.0M |
| Cash From Financing | $514.0M | -$1.16B | -$768.0M | $57.0M | $201.0M | -$261.0M |
| Free Cash Flow | $41.0M | $530.0M | $342.0M | -$440.0M | $42.0M | $567.0M |
Figures from Alcoa's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Alcoa financials page for every line item.
Alcoa Company Profile
| Ticker | AA |
|---|---|
| Exchange | NYSE |
| Industry | Primary Production of Aluminum |
| Headquarters | Pittsburgh, Pennsylvania |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001675149 |
Frequently Asked Questions
What was Alcoa's revenue in fiscal 2025?
Alcoa (AA) reported revenue of $12.83B for fiscal 2025.
What is Alcoa's annual revenue history?
Alcoa's annual revenue by fiscal year: 2020: $9.29B; 2021: $12.15B; 2022: $12.45B; 2023: $10.55B; 2024: $11.89B; 2025: $12.83B.
What was Alcoa's net income in fiscal 2025?
Alcoa reported net income of $1.16B for fiscal 2025.
What was Alcoa's earnings per share (EPS) in fiscal 2025?
Alcoa's diluted EPS was $4.37 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Alcoa generate in fiscal 2025?
Alcoa generated $567.0M of free cash flow in fiscal 2025.
What was Alcoa's revenue last quarter?
In its most recent reported quarter (2026 Q2), Alcoa reported revenue of $3.97B.
How much debt does Alcoa have?
Alcoa reported $2.44B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Alcoa are outstanding?
Alcoa reported a weighted average of 264.0 million basic shares outstanding in 2026 Q2.
What is Alcoa's market cap?
Based on its latest closing price, Alcoa (AA) has a market capitalization of about $11.04B.
When does Alcoa's fiscal year end?
Alcoa's fiscal year end, as registered with the SEC, is December 31.
Where is Alcoa headquartered?
Alcoa lists its business address in Pittsburgh, Pennsylvania in its SEC filings.