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| Date | Value |
|---|---|
| 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 |