Alcoa (AA) FCF Margin (2015 - 2026)
Alcoa's (AA) quarterly FCF Margin came in at 9.33% in Q1 2026, down 880.0% year-on-year from 1.2% in Q1 2025, and down 209.49% quarter-over-quarter from 8.52% in Q4 2025.
Alcoa (AA) FCF Margin (2015 - 2026) Analysis & Trends
Alcoa has disclosed FCF Margin across 12 years of filings, most recently posting 9.33% for Q1 2026.
- FCF Margin for Q1 2026 came in at 9.33%, down 880.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.27% (down 48.0% YoY), and the FY2025 annual result was 4.42%, up 407.0% from the prior year.
- FCF Margin came in at 9.33% for Q1 2026 at Alcoa, down from 8.52% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 11.83% in Q2 2025 to a low of 12.47% in Q1 2024.
- The 5-year median for FCF Margin is 0.53% (2025), against an average of 0.04%.
- Peak annual rise in FCF Margin reached 1760 bps in 2022, while the deepest fall reached 121375 bps in 2022.
- Alcoa's FCF Margin stood at 1.99% in 2022, then jumped by 119 bps to 0.39% in 2023, then jumped by 1731 bps to 7.06% in 2024, then grew by 21 bps to 8.52% in 2025, then slumped by 209 bps to 9.33% in 2026.
- The last three FCF Margin figures came in at 9.33% (Q1 2026), 8.52% (Q4 2025), and 2.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | -9.33% |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 8.76% |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 0.04% |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 6.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -9.33% |
| Dec 31, 2025 | 8.52% |
| Sep 30, 2025 | -2.20% |
| Jun 30, 2025 | 11.83% |
| Mar 31, 2025 | -0.53% |
| Dec 31, 2024 | 7.06% |
| Sep 30, 2024 | -0.10% |
| Jun 30, 2024 | 4.23% |
| Mar 31, 2024 | -12.47% |
| Dec 31, 2023 | 0.39% |
| Sep 30, 2023 | -2.92% |
| Jun 30, 2023 | -4.77% |
| Mar 31, 2023 | -9.21% |
| Dec 31, 2022 | -1.99% |
| Sep 30, 2022 | 0.21% |
| Jun 30, 2022 | 11.77% |
| Mar 31, 2022 | -1.21% |
| Dec 31, 2021 | 1,211.76% |
| Sep 30, 2021 | 11.32% |
| Jun 30, 2021 | -5.82% |