Alcoa (AA) EBITDA Margin (2015 - 2026)
Alcoa's (AA) quarterly EBITDA Margin came in at 20.48% in Q1 2026, down 320.0% year-on-year from 9.31% in Q1 2025, and up 32.79% quarter-over-quarter from 15.42% in Q4 2025.
Alcoa (AA) EBITDA Margin (2015 - 2026) Analysis & Trends
Alcoa has disclosed EBITDA Margin across 12 years of filings, most recently posting 20.48% for Q1 2026.
- EBITDA Margin for Q1 2026 came in at 20.48%, down 320.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.19% (down 692.0% YoY), and the FY2025 annual result was 15.12%, down 224.0% from the prior year.
- EBITDA Margin came in at 20.48% for Q1 2026 at Alcoa, up from 15.42% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 30.82% in Q1 2022 to a low of 3.04% in Q4 2022.
- The 5-year median for EBITDA Margin is 12.49% (2025), against an average of 14.26%.
- Across the five-year window, EBITDA Margin plunged 321166 bps in 2022 and jumped 1948 bps in 2024, its largest moves.
- Alcoa's EBITDA Margin stood at 3.04% in 2022, then jumped by 118 bps to 6.63% in 2023, then soared by 294 bps to 26.1% in 2024, then plunged by 41 bps to 15.42% in 2025, then surged by 33 bps to 20.48% in 2026.
- The last three EBITDA Margin figures came in at 20.48% (Q1 2026), 15.42% (Q4 2025), and 12.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 20.48% |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 57.61% |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 12.60% |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 8.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.48% |
| Dec 31, 2025 | 15.42% |
| Sep 30, 2025 | 12.49% |
| Jun 30, 2025 | 7.82% |
| Mar 31, 2025 | 23.69% |
| Dec 31, 2024 | 26.10% |
| Sep 30, 2024 | 18.84% |
| Jun 30, 2024 | 14.42% |
| Mar 31, 2024 | 7.27% |
| Dec 31, 2023 | 6.63% |
| Sep 30, 2023 | 5.07% |
| Jun 30, 2023 | 5.33% |
| Mar 31, 2023 | 10.75% |
| Dec 31, 2022 | 3.04% |
| Sep 30, 2022 | 8.07% |
| Jun 30, 2022 | 26.18% |
| Mar 31, 2022 | 30.82% |
| Dec 31, 2021 | 3,214.71% |
| Sep 30, 2021 | 25.22% |
| Jun 30, 2021 | 22.06% |