Alcoa AA
NYSE AA
$51.05 +0.15 (+0.29%)
At close: Sep 2, 2026 · 4:02 PM EDT

Alcoa (AA) Capital Expenditures (2015 - 2026)

Alcoa (AA) posted Capital Expenditures of $186.0 million for Q2 2026, up 56.3% sequentially from $119.0 million in Q1 2026, and up 41.98% YoY from $131.0 million in Q2 2025.

Analysis

Alcoa (AA) Capital Expenditures (2015 - 2026) Analysis & Trends

Alcoa has reported Capital Expenditures for 12 years, with the latest figure at $186.0 million in Q2 2026.

  • Quarterly Capital Expenditures rose 41.98% year-over-year to $186.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $546.0 million (up 1.3% YoY) and the FY2025 annual result came in at $618.0 million, up 6.55% from the prior year.
  • Capital Expenditures grew to $186.0 million in Q2 2026 per AA's latest filing, from $119.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $243.0 million in Q4 2025 and troughed at -$5.0 million in Q2 2023.
  • A 5-year average of $89.0 million and a median of $88.0 million in 2023 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2023 and 2025: Capital Expenditures plunged 107.41% in 2023, then jumped 9400.0% in 2025.
  • Over 5 years, Capital Expenditures stood at $27.0 million in 2022, then surged by 596.3% to $188.0 million in 2023, then declined by 10.11% to $169.0 million in 2024, then jumped by 43.79% to $243.0 million in 2025, then slipped by 23.46% to $186.0 million in 2026.
  • According to Business Quant data, Capital Expenditures over the past three periods registered $186.0 million, $119.0 million, and $243.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Alcoa 13.49 Bn 12.05 Bn 999.00 Mn 186.00 Mn
2 Century Aluminum 4.66 Bn 4.31 Bn 227.90 Mn 59.60 Mn
3 Constellium Se 3.62 Bn 3.45 Bn 480.00 Mn 77.00 Mn
4 Kaiser Aluminum 2.66 Bn 2.60 Bn 199.00 Mn 24.40 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 186.00 Mn
Mar 31, 2026 119.00 Mn
Dec 31, 2025 243.00 Mn
Sep 30, 2025 -2.00 Mn
Jun 30, 2025 131.00 Mn
Mar 31, 2025 93.00 Mn
Dec 31, 2024 169.00 Mn
Sep 30, 2024 146.00 Mn
Jun 30, 2024 19.00 Mn
Mar 31, 2024 -1.00 Mn
Dec 31, 2023 188.00 Mn
Sep 30, 2023 -2.00 Mn
Jun 30, 2023 -5.00 Mn
Mar 31, 2023 83.00 Mn
Dec 31, 2022 27.00 Mn
Sep 30, 2022 27.00 Mn
Jun 30, 2022 107.00 Mn
Mar 31, 2022 74.00 Mn
Dec 31, 2021 153.00 Mn
Sep 30, 2021 83.00 Mn