Alcoa Corp (AA) Gross Margin (2015 - 2026)
Alcoa's Gross Margin came in at 25.19% for Q2 2026, up 13.06 percentage points from 12.13% a year earlier and up 3.86 percentage points from the prior quarter.
Alcoa Corp (AA) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alcoa reported Gross Margin of 18.79%, down 1.40 percentage points year-over-year; for FY2025, it came in at 16.94%, up 1.37 percentage points from FY2024.
- Gross Margin carries a five-year change of +2.75 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 15.56% in FY2024 (+8.57 pp), 6.99% in FY2023 (-10.99 pp), 17.98% in FY2022 (-6.70 pp) and 24.68% in FY2021 (+10.50 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2025.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +5.15 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2025 (a gain of 20.13 percentage points), and the weakest in Q4 2022 (a drop of 26.14 percentage points).
- Business Quant data shows AA's Gross Margin at 21.33% (Q1 2026), 16.70% (Q4 2025) and 10.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.19% |
| Mar 31, 2026 | 21.33% |
| Dec 31, 2025 | 16.70% |
| Sep 30, 2025 | 10.02% |
| Jun 30, 2025 | 12.13% |
| Mar 31, 2025 | 27.63% |
| Dec 31, 2024 | 22.15% |
| Sep 30, 2024 | 17.60% |
| Jun 30, 2024 | 12.84% |
| Mar 31, 2024 | 7.50% |
| Dec 31, 2023 | 6.55% |
| Sep 30, 2023 | 5.11% |
| Jun 30, 2023 | 6.30% |
| Mar 31, 2023 | 9.96% |
| Dec 31, 2022 | 2.52% |
| Sep 30, 2022 | 6.42% |
| Jun 30, 2022 | 24.07% |
| Mar 31, 2022 | 33.77% |
| Dec 31, 2021 | 28.65% |
| Sep 30, 2021 | 25.31% |
Alcoa Corp Gross 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=gross-margin&ticker=AA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();