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| Date | Value |
|---|---|
| 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 |