Alcoa (AA) Gross Margin (2015 - 2026)

Alcoa (AA) posted Gross Margin of 25.19% for Q2 2026, up 18.1% sequentially from 21.33% in Q1 2026, and up 1306.0% YoY from 1.79% in Q2 2025.

Alcoa (AA) Gross Margin (2015 - 2026) Analysis & Trends

Alcoa has reported Gross Margin for 12 years, with the latest figure at 25.19% in Q2 2026.

Quarterly Gross Margin rose 1306.0% year-over-year to 25.19% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 18.79% (down 140.0% YoY) and the FY2025 annual result came in at 16.94%, up 137.0% from the prior year.
Gross Margin grew to 25.19% in Q2 2026 per AA's latest filing, from 21.33% in the prior quarter.
Over five years, Gross Margin peaked at 33.77% in Q1 2022 and troughed at 2.52% in Q4 2022.
A 5-year average of 14.88% and a median of 12.48% in 2024 frame the typical range for Gross Margin.
The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 691134 bps in 2022, then slumped 2381 bps in 2023.
Over 5 years, Gross Margin stood at 2.52% in 2022, then soared by 160 bps to 6.55% in 2023, then surged by 238 bps to 22.15% in 2024, then fell by 25 bps to 16.7% in 2025, then soared by 51 bps to 25.19% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 25.19%, 21.33%, and 16.7% for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Alcoa	14.02 Bn	12.59 Bn	999.00 Mn	25.19%
2	Century Aluminum	5.17 Bn	4.82 Bn	227.90 Mn	30.30%
3	Constellium Se	4.04 Bn	3.88 Bn	480.00 Mn	17.47%
4	Kaiser Aluminum	3.15 Bn	3.10 Bn	199.00 Mn	15.84%

Download Data