Alcoa (AA) Free Cash Flow (2015 - 2026)
Alcoa's Free Cash Flow was $422 million in Q2 2026, up 18.2% from $357 million a year earlier.
Alcoa (AA) Free Cash Flow (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alcoa's Free Cash Flow was $352 million through Jun 30, 2026, down 39.5% year-over-year; for FY2025, it was $567 million.
- Free Cash Flow shows a five-year compound annual growth rate of 69.1% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $42 million in FY2024, -$440 million in FY2023, $342 million in FY2022 (-35.5%) and $530 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Free Cash Flow since Q2 2022.
- Per Business Quant data, AA's Free Cash Flow in the three quarters before Q2 2026 was -$298 million (Q1 2026), $294 million (Q4 2025) and -$66 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 1.57 Bn |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 2.21 Bn |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | 687.28 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 944.00 Mn |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | 2.14 Bn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 2.89 Bn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 829.00 Mn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | 2.06 Bn |
| 10 | Alcoa | 11.08 Bn | 5.36 Bn | 999.00 Mn | 422.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 422.00 Mn |
| Mar 31, 2026 | -298.00 Mn |
| Dec 31, 2025 | 294.00 Mn |
| Sep 30, 2025 | -66.00 Mn |
| Jun 30, 2025 | 357.00 Mn |
| Mar 31, 2025 | -18.00 Mn |
| Dec 31, 2024 | 246.00 Mn |
| Sep 30, 2024 | -3.00 Mn |
| Jun 30, 2024 | 123.00 Mn |
| Mar 31, 2024 | -324.00 Mn |
| Dec 31, 2023 | 10.00 Mn |
| Sep 30, 2023 | -76.00 Mn |
| Jun 30, 2023 | -128.00 Mn |
| Mar 31, 2023 | -246.00 Mn |
| Dec 31, 2022 | -53.00 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Jun 30, 2022 | 429.00 Mn |
| Mar 31, 2022 | -40.00 Mn |
| Dec 31, 2021 | 412.00 Mn |
| Sep 30, 2021 | 352.00 Mn |
Alcoa Free Cash Flow 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=free-cash-flow&ticker=AA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();