Alcoa (AA) Free Cash Flow (2015 - 2026)

Alcoa's (AA) quarterly Free Cash Flow came in at -$298.0 million in Q1 2026, down 1555.56% year-on-year from $20.5 million in Q1 2025, and down 201.36% quarter-over-quarter from $294.0 million in Q4 2025.

Alcoa (AA) Free Cash Flow (2015 - 2026) Analysis & Trends

Alcoa has disclosed Free Cash Flow across 12 years of filings, most recently posting -$298.0 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$298.0 million, down 1555.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $287.0 million (down 17.53% YoY), and the FY2025 annual result was $567.0 million, up 1250.0% from the prior year.
  • Free Cash Flow came in at -$298.0 million for Q1 2026 at Alcoa, down from $294.0 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $429.0 million in Q2 2022 to a low of -$324.0 million in Q1 2024.
  • The 5-year median for Free Cash Flow is -$18.0 million (2025), against an average of $12.5 million.
  • Across the five-year window, Free Cash Flow jumped 2360.0% in 2024 and sank 2100.0% in 2025, its largest moves.
  • Alcoa's Free Cash Flow stood at -$53.0 million in 2022, then soared by 118.87% to $10.0 million in 2023, then surged by 2360.0% to $246.0 million in 2024, then grew by 19.51% to $294.0 million in 2025, then plunged by 201.36% to -$298.0 million in 2026.
  • The last three Free Cash Flow figures came in at -$298.0 million (Q1 2026), $294.0 million (Q4 2025), and -$66.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alcoa 18.13 Bn 16.72 Bn 681.00 Mn -298.00 Mn
2 Century Aluminum 6.04 Bn 5.93 Bn 118.80 Mn 56.90 Mn
3 Constellium Se 4.83 Bn 4.56 Bn 420.00 Mn 1.00 Mn
4 Kaiser Aluminum 3.08 Bn 3.05 Bn 944.60 Mn 68.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -298.00 Mn
Mar 31, 2026 -298.00 Mn
Dec 31, 2025 294.00 Mn
Dec 31, 2025 294.00 Mn
Sep 30, 2025 -66.00 Mn
Sep 30, 2025 -66.00 Mn
Jun 30, 2025 357.00 Mn
Jun 30, 2025 357.00 Mn
Mar 31, 2025 -18.00 Mn
Mar 31, 2025 -18.00 Mn
Dec 31, 2024 246.00 Mn
Dec 31, 2024 246.00 Mn
Sep 30, 2024 -3.00 Mn
Sep 30, 2024 -3.00 Mn
Jun 30, 2024 123.00 Mn
Jun 30, 2024 123.00 Mn
Mar 31, 2024 -324.00 Mn
Mar 31, 2024 -324.00 Mn
Dec 31, 2023 10.00 Mn
Dec 31, 2023 10.00 Mn