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    A

    Alcoa Corp (AA)

    Official site

    BASIC MATERIALS • ALUMINUM • NYSE

    $40.41
    +0.33 (+0.82%)

    Market Cap: $10.67B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    65%(26/40)
    Avg Surprise
    +5.97%

    Upcoming Estimates

    Period ending Dec 31, 2026
    EPS Consensus$1.25
    Range$0.53 - $1.62
    12 analysts
    Revenue Consensus
    $3.7B
    Range$3.2B - $4.4B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$1.25---
    Sep 26
    Reported Oct 15
    		$-0.02N/A-101.21%Miss+0.0%
    Jun 26
    Reported Jul 16
    		$2.12$2.33-9.01%Miss+443.6%
    Mar 26
    Reported Apr 16
    		$1.40$1.55-9.68%Miss-34.9%
    Dec 25
    Reported Jan 22
    		$1.26$1.01+24.75%Beat+21.2%
    Sep 25
    Reported Oct 22
    		$-0.02N/A+60.00%Beat-103.5%
    Jun 25
    Reported Jul 16
    		$0.39$0.39+0.00%Beat+143.8%
    Mar 25
    Reported Apr 16
    		$2.15$1.41+52.48%Beat+365.4%
    Dec 24
    Reported Jan 22
    		$1.04$1.01+2.97%Beat+285.7%
    Sep 24
    Reported Oct 16
    		$0.57$0.30+90.00%Beat+150.0%
    Jun 24
    Reported Jul 17
    		$0.16$0.09+77.78%Beat+145.7%
    Mar 24
    Reported Apr 17
    		$-0.81$-0.44-84.09%Miss-252.2%
    Dec 23
    Reported Jan 17
    		$-0.56$-0.86+34.88%Beat+20.0%
    Sep 23
    Reported Oct 18
    		$-1.14$-1.07-6.54%Miss-245.5%
    Jun 23
    Reported Jul 19
    		$-0.35$-0.44+20.45%Beat-113.1%
    Mar 23
    Reported Apr 19
    		$-0.23$-0.11-109.09%Miss-107.5%
    Dec 22
    Reported Jan 18
    		$-0.70$-0.70+0.00%Beat-128.0%
    Sep 22
    Reported Oct 19
    		$-0.33$0.18-283.33%Miss-116.1%
    Jun 22
    Reported Jul 20
    		$2.67$2.49+7.23%Beat+79.2%
    Mar 22
    Reported Apr 20
    		$3.06$2.79+9.68%Beat+287.3%
    Dec 21
    Reported Jan 19
    		$2.50$1.91+30.89%Beat+861.5%
    Sep 21
    Reported Oct 14
    		$2.05$1.80+13.89%Beat+275.2%
    Jun 21
    Reported Jul 15
    		$1.49$1.31+13.74%Beat+7550.0%
    Mar 21
    Reported Apr 15
    		$0.79$0.46+71.74%Beat+443.5%
    Dec 20
    Reported Jan 20
    		$0.26$0.07+271.43%Beat+183.9%
    Sep 20
    Reported Oct 14
    		$-1.17$-1.25+6.40%Beat-165.9%
    Jun 20
    Reported Jul 15
    		$-0.02N/A+60.00%Beat-100.0%
    Mar 20
    Reported Apr 22
    		$-0.23$-0.17-35.29%Miss+0.0%
    Dec 19
    Reported Jan 15
    		$-0.31$-0.22-40.91%Miss-147.0%
    Sep 19
    Reported Oct 16
    		$-0.44$-0.29-51.72%Miss-169.8%
    Jun 19
    Reported Jul 17
    		$-0.01N/A+83.33%Beat-100.7%
    Mar 19
    Reported Apr 17
    		$-0.23$-0.13-76.92%Miss-129.9%
    Dec 18
    Reported Jan 16
    		$0.66$0.50+32.00%Beat-36.5%
    Sep 18
    Reported Oct 17
    		$0.63$0.34+85.29%Beat-12.5%
    Jun 18
    Reported Jul 18
    		$1.52$1.32+15.15%Beat+145.2%
    Mar 18
    Reported Apr 18
    		$0.77$0.73+5.48%Beat+22.2%
    Dec 17
    Reported Jan 17
    		$1.04$1.23-15.45%Miss+642.9%
    Sep 17
    Reported Oct 18
    		$0.72$0.75-4.00%Miss-
    Jun 17
    Reported Jul 19
    		$0.62$0.58+6.90%Beat-
    Mar 17
    Reported Apr 24
    		$0.63$0.48+31.25%Beat-
    Dec 16
    Reported Jan 24
    		$0.14$0.24-41.67%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.99%
    Forward Annual Dividend$0.40
    Payout Ratio8.47%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Aug, Nov

    Growth

    3Y CAGR+0.00%
    AA dividend history and ex-dividend datesRun AA in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio8.49EV/EBITDA5.79x
    Price/FCF30.30xFCF Yield3.30%
    Profitability
    Profit Margin9.39%Operating Margin18.40%
    ROE18.20%ROIC13.92%
    Financial Health
    Debt/Equity0.30xInterest Coverage11.13x
    Current Ratio1.53xQuick Ratio0.92x
    Trading Statistics
    Beta1.74Avg Volume4.42M
    52-Week High$84.2252-Week Low$34.94

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$41.98
    SMA 20$42.57
    SMA 50$47.03
    SMA 200$57.46
    EMA 10$41.72
    EMA 20$42.96
    EMA 50$46.04
    EMA 200$50.86

    MACD

    Line: -1.69Signal: -1.66Hist: -0.02

    ADX

    ADX: 22.6+DI: 15.7-DI: 33.7

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down100.0
    PSAR$43.75

    Bollinger Bands

    Upper Band$45.09
    Lower Band$40.05
    %B Position1185%(Upper)
    Band Width0.07

    RSI (14-Day)

    Neutral
    31.3

    Momentum Oscillators

    Stoch %K21.0
    Stoch %D19.6
    Williams %R-71.2
    ROC (10d)-3.9%
    Momentum-1.65
    CCI (20d)-168.3
    MFI (14d)31.6

    Volatility Measures

    ATR (14d)$1.53(3.8%)
    StdDev (20d)1.26
    Hist Vol29.7%(Moderate)

    Volume Flow

    VWAP$39.99
    OBV2.8M
    AD Line-550.3M
    CMF (20d)-0.031

    Volume Metrics

    Avg Vol (20d)4.6M
    Vol Ratio1.7x(High)
    VWMA (20d)$42.54

    Pivot Points

    R3$42.83
    R2$42.05
    R1$41.06
    Pivot Point$40.28
    S1$39.29
    S2$38.51
    S3$37.52

    Advanced Oscillators

    TSI-32.27
    Ultimate Osc51.2
    KST-126.78

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$3.97B$3.19B$3.45B$3.00B$3.02B$3.37B$3.49B$2.90B$2.91B$2.60B$2.60B$2.60B
    Cost of Revenue$2.97B$2.51B$2.87B$2.69B$2.65B$2.44B$2.71B$2.39B$2.53B$2.40B$2.42B$2.47B
    Gross Profit$999.00M$681.00M$576.00M$300.00M$366.00M$931.00M$772.00M$511.00M$373.00M$195.00M$170.00M$133.00M
    Operating Expenses$281.00M$273.00M$377.00M$1.13B$261.00M$236.00M$347.00M$271.00M$263.00M$434.00M$230.00M$250.00M
    R&D$11.00M$10.00M$-11,000,000$11.00M$12.00M$12.00M$17.00M$16.00M$13.00M$11.00M$14.00M$9.00M
    SG&A$101.00M$83.00M$68.00M$78.00M$82.00M$71.00M$80.00M$66.00M$69.00M$60.00M$64.00M$56.00M
    Operating Income$718.00M$408.00M$199.00M$-834,000,000$105.00M$695.00M$425.00M$240.00M$110.00M$-239,000,000$-60,000,000$-117,000,000
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$36.00M$35.00M$16.00M$33.00M$56.00M$53.00M$45.00M$44.00M$40.00M$27.00M$28.00M$26.00M
    Income Before Tax$482.00M$499.00M$68.00M$167.00M$161.00M$668.00M$338.00M$184.00M$92.00M$-325,000,000$-77,000,000$-228,000,000
    Income Tax Expense$73.00M$82.00M$-134,000,000$-51,000,000$10.00M$120.00M$136.00M$86.00M$61.00M$-18,000,000$150.00M$-35,000,000
    Net Income$409.00M$417.00M$202.00M$218.00M$151.00M$548.00M$202.00M$98.00M$31.00M$-307,000,000$-227,000,000$-193,000,000
    EBITDA$691.00M$696.00M$246.00M$360.00M$370.00M$869.00M$542.00M$387.00M$295.00M$-137,000,000$114.00M$-39,000,000
    EBIT$518.00M$534.00M$84.00M$200.00M$217.00M$721.00M$383.00M$228.00M$132.00M$-298,000,000$-49,000,000$-202,000,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    Alcoa reaches deal to sell former Massena East smelter site for up to $315M

    Alcoa has reached a deal to sell its former Massena East smelter site for up to $315 million, a move that supports its goal of generating $500 million to $1 billion from asset sales by 2030. This sale could be followed...

    The Business Journals•10/16/26•Bullish

    Alcoa (AA) Shares Jump 5.8% After Q3 Earnings Beat Expectations

    Alcoa (AA) saw its shares jump 5.8% after its Q3 2026 earnings report surpassed analyst expectations, driven by significant improvements in profitability and increased aluminum production and prices. Despite a revenue...

    GuruFocus•10/16/26•Bullish

    Alcoa plans to sell part of its Massena East site for $315M

    Alcoa announced plans to sell a portion of its Massena East industrial site in New York for up to $315 million...

    Manufacturing Dive•10/16/26•Somewhat-Bullish

    Aluminum Supply Warning: Alcoa Says Global Inventories Leave Little Room for Another Shock

    Alcoa (NYSE: AA) reported mixed third-quarter results, with adjusted EPS beating estimates but revenue missing expectations. The company plans to increase production in Q4 and expects to complete its acquisition of Ali...

    Benzinga•10/16/26•Somewhat-Bullish

    Alcoa Earnings: Down on Weaker Pricing and Shipments

    Alcoa reported a 14% decline in third-quarter 2026 underlying income to USD 485 million compared to the previous quarter. This decrease was primarily driven by a 5% drop in realized aluminum price and a 5% reduction...

    Morningstar•10/16/26•Bearish

    AA Valuation and Fair Value

    P/E
    8.5x
    Forward P/E
    8.0x
    EV/EBITDA
    5.8x
    P/FCF
    30.3x
    PEG
    8.4x
    P/B
    1.4x
    See GNG's fair value

    AA Profitability: Margins, ROIC and FCF

    Gross margin
    18.8%
    Operating margin
    18.4%
    Net margin
    9.4%
    ROIC
    13.9%
    ROE
    18.2%
    FCF margin
    2.6%
    FCF yield
    3.3%

    AA Competitors

    CompanyTicker
    Hudbay Minerals Inc.HBM
    Hecla Mining CompanyHL
    Ternium SA ADRTX
    Suzano Papel e Celulose SA ADRSUZ
    Albemarle CorpALB
    Harmony Gold Mining Company LimitedHMY
    RPM International IncRPM
    Sasol LtdSSL

    Sector: Basic Materials

    AA Analyst Ratings

    Consensus
    Buy
    Analysts
    13
    Strong Buy
    1
    Buy
    8
    Hold
    3
    Sell
    0
    Strong Sell
    1

    AA Bull Case vs Bear Case

    Bull case

    • AA grew quarterly revenue 31.4% year over year.
    • 69.2% of AA's analyst ratings are Buy or Strong Buy.

    AA Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    2.5%
    EPS estimate (fiscal period ending Dec 31, 2026)
    $1.25

    AA Dividend

    Forward yield
    1.0%
    Payout ratio
    8.5%
    3Y DPS growth
    0.0%
    Pay months
    Mar, Jun, Aug, Nov
    AA dividend history

    Frequently Asked Questions About AA

    What is AA's current dividend yield?

    Alcoa Corp (AA) has a forward dividend yield of 0.99%.

    Does AA pay dividends?

    Yes, Alcoa Corp pays dividends with a forward dividend yield of 0.99%.

    What is AA's P/E ratio?

    Alcoa Corp has a price-to-earnings (P/E) ratio of 8.49.

    What is AA's market cap?

    Alcoa Corp (AA) has a market capitalization of $10.67B with a current stock price of $40.41.

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