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
DateValue
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%