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
DateValue
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%