Alcoa (AA) Debt to Equity (2015 - 2026)
Alcoa's (AA) quarterly Debt to Equity came in at $0.36 in Q1 2026, down 26.52% year-on-year from $0.49 in Q1 2025, and down 24.66% quarter-over-quarter from $0.47 in Q4 2025.
Alcoa (AA) Debt to Equity (2015 - 2026) Analysis & Trends
Alcoa has disclosed Debt to Equity across 12 years of filings, most recently posting $0.36 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.36, down 26.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.36 (down 26.52% YoY), and the FY2025 annual result was $0.47, down 10.4% from the prior year.
- Debt to Equity came in at $0.36 for Q1 2026 at Alcoa, down from $0.47 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.53 in Q4 2024 to a low of $0.24 in Q2 2022.
- The 5-year median for Debt to Equity is $0.36 (2022), against an average of $0.38.
- Across the five-year window, Debt to Equity slumped 42.15% in 2022 and surged 75.4% in 2024, its largest moves.
- Alcoa's Debt to Equity stood at $0.3 in 2022, then climbed by 1.77% to $0.31 in 2023, then surged by 71.04% to $0.53 in 2024, then slipped by 10.4% to $0.47 in 2025, then slipped by 24.66% to $0.36 in 2026.
- The last three Debt to Equity figures came in at $0.36 (Q1 2026), $0.47 (Q4 2025), and $0.41 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 0.36 |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 0.45 |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 1.76 |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 1.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.47 |
| Sep 30, 2025 | 0.41 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.49 |
| Dec 31, 2024 | 0.53 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.32 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.32 |
| Jun 30, 2021 | 0.41 |