Alcoa (AA) Debt Ratio (2015 - 2026)
Alcoa's Debt Ratio was 0.13 in Q2 2026, down 25.3% from 0.18 a year earlier and down 10.0% from the prior quarter.
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Analysis
Alcoa (AA) Debt Ratio (2015 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Alcoa came in at 0.15, down 16.4% from FY2024.
- In earlier years, Debt Ratio was 0.18 in FY2024 (+41.4%), 0.13 in FY2023 (+4.5%), 0.12 in FY2022 (+6.5%) and 0.11 in FY2021 (-30.7%).
- The Q2 2026 figure marks the lowest quarterly Debt Ratio since Q4 2023.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with growth averaging 2.1% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 55.1%); the worst was Q1 2022 (a decline of 45.5%).
- Per Business Quant data, AA's Debt Ratio in the three quarters before Q2 2026 was 0.15 (Q1 2026), 0.15 (Q4 2025) and 0.16 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 0.00 |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 0.33 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 0.09 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 0.32 |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 0.16 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 0.01 |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 0.00 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 0.19 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 0.24 |
| 10 | Alcoa | 11.15 Bn | 5.43 Bn | 999.00 Mn | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.15 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.18 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.20 |
| Jun 30, 2024 | 0.18 |
| Mar 31, 2024 | 0.18 |
| Dec 31, 2023 | 0.13 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.11 |
| Mar 31, 2022 | 0.11 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.12 |
API Access
Alcoa Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "AA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();