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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |