Alcoa (AA) Capital Expenditures (2016 - 2026)

Alcoa's (AA) quarterly Capital Expenditures came in at $119.0 million in Q1 2026, up 27.96% year-on-year from $93.0 million in Q1 2025, and down 51.03% quarter-over-quarter from $243.0 million in Q4 2025.

Alcoa (AA) Capital Expenditures (2016 - 2026) Analysis & Trends

Alcoa has disclosed Capital Expenditures across 11 years of filings, most recently posting $119.0 million for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $119.0 million, up 27.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $644.0 million (up 12.59% YoY), and the FY2025 annual result was $618.0 million, up 6.55% from the prior year.
  • Capital Expenditures came in at $119.0 million for Q1 2026 at Alcoa, down from $243.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $243.0 million in Q4 2025 to a low of $74.0 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $131.0 million (2025), against an average of $136.9 million.
  • Across the five-year window, Capital Expenditures jumped 54.22% in 2022 and declined 20.12% in 2025, its largest moves.
  • Alcoa's Capital Expenditures stood at $171.0 million in 2022, then increased by 9.94% to $188.0 million in 2023, then slipped by 10.11% to $169.0 million in 2024, then surged by 43.79% to $243.0 million in 2025, then tumbled by 51.03% to $119.0 million in 2026.
  • The last three Capital Expenditures figures came in at $119.0 million (Q1 2026), $243.0 million (Q4 2025), and $151.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Alcoa 18.13 Bn 16.72 Bn 681.00 Mn 119.00 Mn
2 Century Aluminum 6.04 Bn 5.93 Bn 118.80 Mn 11.50 Mn
3 Constellium Se 4.83 Bn 4.56 Bn 420.00 Mn 72.00 Mn
4 Kaiser Aluminum 3.08 Bn 3.05 Bn 944.60 Mn 19.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 119.00 Mn
Mar 31, 2026 119.00 Mn
Dec 31, 2025 243.00 Mn
Dec 31, 2025 243.00 Mn
Sep 30, 2025 151.00 Mn
Sep 30, 2025 151.00 Mn
Jun 30, 2025 131.00 Mn
Jun 30, 2025 131.00 Mn
Mar 31, 2025 93.00 Mn
Mar 31, 2025 93.00 Mn
Dec 31, 2024 169.00 Mn
Dec 31, 2024 169.00 Mn
Sep 30, 2024 146.00 Mn
Sep 30, 2024 146.00 Mn
Jun 30, 2024 164.00 Mn
Jun 30, 2024 164.00 Mn
Mar 31, 2024 101.00 Mn
Mar 31, 2024 101.00 Mn
Dec 31, 2023 188.00 Mn
Dec 31, 2023 188.00 Mn