Alcoa (AA) Interest Expenses (2015 - 2026)
Alcoa's Interest Expenses was $36 million in Q2 2026, down 35.7% from $56 million a year earlier but up 2.9% from the prior quarter.
Alcoa (AA) Interest Expenses (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alcoa's Interest Expenses was $120 million through Jun 30, 2026, down 39.4% year-over-year; for FY2025, it was $158 million, up 1.3% from FY2024.
- Interest Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 1.6% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $156 million in FY2024 (+45.8%), $107 million in FY2023 (+0.9%), $106 million in FY2022 (-45.6%) and $195 million in FY2021 (+33.6%).
- Quarterly Interest Expenses has moved between $16 million (Q4 2025) and $58 million (Q3 2021) over five years.
- Compared with a year earlier, Interest Expenses has declined for four straight quarters, with growth averaging 13.4% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q1 2025 (growth of 96.3%); the worst was Q4 2025 (a decline of 64.4%).
- Per Business Quant data, AA's Interest Expenses in the three quarters before Q2 2026 was $35 million (Q1 2026), $16 million (Q4 2025) and $33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | - |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | - |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | -50.43 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 16.04 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | -26.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 36.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | -136.00 Mn |
| 10 | Alcoa | 11.15 Bn | 5.43 Bn | 999.00 Mn | 36.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | 35.00 Mn |
| Dec 31, 2025 | 16.00 Mn |
| Sep 30, 2025 | 33.00 Mn |
| Jun 30, 2025 | 56.00 Mn |
| Mar 31, 2025 | 53.00 Mn |
| Dec 31, 2024 | 45.00 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 40.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 28.00 Mn |
| Sep 30, 2023 | 26.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | 26.00 Mn |
| Dec 31, 2022 | 26.00 Mn |
| Sep 30, 2022 | 25.00 Mn |
| Jun 30, 2022 | 30.00 Mn |
| Mar 31, 2022 | 25.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
| Sep 30, 2021 | 58.00 Mn |
Alcoa Interest Expenses 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=interest-expenses&ticker=AA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();