Alcoa (AA) Dividend Coverage Ratio (2021 - 2026)
Alcoa's Dividend Coverage Ratio was 15.65 in Q2 2026, up 148.2% from 6.31 a year earlier but down 0.6% from the prior quarter.
Alcoa (AA) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alcoa's Dividend Coverage Ratio was 12.16 through Jun 30, 2026, up 26.0% year-over-year; for FY2025, it came in at 11.13.
- In earlier years, Dividend Coverage Ratio was 0.67 in FY2024, -9.04 in FY2023, -1.71 in FY2022 and 22.58 in FY2021.
- Quarterly Dividend Coverage Ratio has moved between -41.44 (Q3 2022) and 28.89 (Q2 2022) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in four of the last five quarters, with growth averaging 150.8%.
- Per Business Quant data, AA's Dividend Coverage Ratio in the three quarters before Q2 2026 was 15.74 (Q1 2026), 8.19 (Q4 2025) and 8.92 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 2.02 |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 7.95 |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 4.56 |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 6.57 |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 8.96 |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Alcoa | 11.15 Bn | 5.43 Bn | 999.00 Mn | 15.65 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.65 |
| Mar 31, 2026 | 15.74 |
| Dec 31, 2025 | 8.19 |
| Sep 30, 2025 | 8.92 |
| Jun 30, 2025 | 6.31 |
| Mar 31, 2025 | 21.08 |
| Dec 31, 2024 | 7.77 |
| Sep 30, 2024 | 3.46 |
| Jun 30, 2024 | 1.11 |
| Mar 31, 2024 | -13.26 |
| Dec 31, 2023 | -8.33 |
| Sep 30, 2023 | -9.33 |
| Jun 30, 2023 | -5.67 |
| Mar 31, 2023 | -12.83 |
| Dec 31, 2022 | -23.24 |
| Sep 30, 2022 | -41.44 |
| Jun 30, 2022 | 28.89 |
| Mar 31, 2022 | 26.06 |
| Dec 31, 2021 | -20.63 |
Alcoa Dividend Coverage 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=dividend-coverage-ratio&ticker=AA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();