Stocktoria

Alcoa Corp AA

NYSE · stock · Primary Production of Aluminum · website · IPO 2016-10-18 · LEI

Alcoa Corp statistics & valuation

Market cap$14.3B
P / E12.3×
P / S1.1×
P / B2.3×
P / FCF25.2×
Dividend yield0.73%
Net margin9.0%
Return on equity18.9%
FCF margin4.4%
Net debt$842.0M
Enterprise value USD$15.1B
Graham number -6.6%$47.82

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($47.82); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-4.30% 2.40% 1.90% -10.80% -1.80% 3.50% -1.00% -6.20% 0.50% 9.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
-5.10% 4.00% 3.30% -19.10% -3.40% 6.80% -1.90% -11.10% 1.20% 18.90% 2016201720182019202020212022202320242025
Shares outstanding
183.0M 187.0M 189.0M 185.6M 186.0M 190.0M 181.0M 178.5M 258.4M 263.1M 2016201720182019202020212022202320242025
Net debt ($)
$592.0M $46.0M $689.0M $921.0M $858.0M -$87.0M $444.0M $867.0M $1.41B $842.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-2.40% 1.60% 1.50% -7.70% -1.10% 2.90% -0.80% -4.60% 0.40% 7.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
-7.70% 7.00% 0.40% 2.90% 0.40% 4.40% 2.70% -4.20% 0.40% 4.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.18× 0.20× 0.24× 0.31× 0.49× 0.27× 0.27× 0.31× 0.49× 0.40× 2016201720182019202020212022202320242025
EPS ($)
-$2.19 $1.49 $1.33 -$6.07 -$0.91 $2.26 -$0.68 -$3.65 $0.26 $4.37 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Alcoa Corp trades at about 11.7× earnings — below its 10-year norm (10-year range 13×–135.8×, median 25.1×).

11.7× 135.8×

Shaded band = 10-year range (13×–135.8×); dot = today's 11.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin9.0%0.5%-6.2%-1.0%3.5%-1.8%-10.8%1.9%2.4%-4.3%
FCF margin4.4%0.4%-4.2%2.7%4.4%0.4%2.9%0.4%7.0%-7.7%
Return on assets7.2%0.4%-4.6%-0.8%2.9%-1.1%-7.7%1.5%1.6%-2.4%
Return on equity18.9%1.2%-11.1%-1.9%6.8%-3.4%-19.1%3.3%4.0%-5.1%
Debt / equity0.40×0.49×0.31×0.27×0.27×0.49×0.31×0.24×0.20×0.18×
Current ratio1.441.451.451.751.561.641.381.481.301.13

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.