Alcoa (AA) FCF Margin (2015 - 2026)
Alcoa (AA) reported FCF Margin of 10.64% for Q2 2026, down 1.19 percentage points from 11.83% a year earlier but up 19.97 percentage points from the prior quarter.
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Analysis
Alcoa (AA) FCF Margin (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alcoa's FCF Margin came in at 2.59%, down 1.97 percentage points year-over-year; for FY2025, it was 4.42%, up 4.07 percentage points from FY2024.
- FCF Margin has a five-year change of +3.98 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 0.35% in FY2024 (+4.52 pp), -4.17% in FY2023 (-6.92 pp), 2.75% in FY2022 (-1.61 pp) and 4.36% in FY2021 (+3.92 pp).
- Five-year quarterly FCF Margin spans a low of -12.47% in Q1 2024 and a high of 12.34% in Q4 2021.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +2.30 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2022 (a gain of 17.60 percentage points); the low point was Q2 2023 (a drop of 16.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -9.33% (Q1 2026), 8.52% (Q4 2025) and -2.20% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 36.51% |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 36.04% |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 15.83% |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 13.43% |
| 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 | 54.67% |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 7.97% |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 12.31% |
| 10 | Alcoa | 11.15 Bn | 5.43 Bn | 999.00 Mn | 10.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.64% |
| 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 | 12.34% |
| Sep 30, 2021 | 11.32% |
API Access
Alcoa FCF Margin 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=fcf-margin&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();