Alcoa (AA) Inventory (2015 - 2026)
Alcoa's Inventory was $2.34 billion in Q2 2026, up 5.4% from $2.22 billion a year earlier and up 1.9% from the prior quarter.
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Analysis
Alcoa (AA) Inventory (2015 - 2026) Analysis & Trends
At the end of FY2025, Inventory at Alcoa came in at $2.18 billion, up 9.0% from FY2024.
- Inventory shows a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- In earlier years, Inventory was $2 billion in FY2024 (-7.4%), $2.16 billion in FY2023 (-11.1%), $2.43 billion in FY2022 (+24.1%) and $1.96 billion in FY2021 (+39.9%).
- The Q2 2026 figure marks the highest quarterly Inventory since Q2 2023.
- Compared with a year earlier, Inventory has increased for six straight quarters, with growth averaging 3.9% over the last eight quarters.
- The best year-over-year quarter for Inventory over five years was Q1 2022 (growth of 76.1%); the worst was Q2 2024 (a decline of 17.7%).
- Per Business Quant data, AA's Inventory in the three quarters before Q2 2026 was $2.3 billion (Q1 2026), $2.18 billion (Q4 2025) and $2.19 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | 324.00 Mn |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.06 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 1.48 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | 4.40 Bn |
| 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 | 1.62 Bn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 2.09 Bn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 6.02 Bn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | 19.28 Bn |
| 10 | Alcoa | 11.15 Bn | 5.43 Bn | 999.00 Mn | 2.34 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34 Bn |
| Mar 31, 2026 | 2.30 Bn |
| Dec 31, 2025 | 2.18 Bn |
| Sep 30, 2025 | 2.19 Bn |
| Jun 30, 2025 | 2.22 Bn |
| Mar 31, 2025 | 2.18 Bn |
| Dec 31, 2024 | 2.00 Bn |
| Sep 30, 2024 | 2.10 Bn |
| Jun 30, 2024 | 1.98 Bn |
| Mar 31, 2024 | 2.05 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 2.19 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.40 Bn |
| Dec 31, 2022 | 2.43 Bn |
| Sep 30, 2022 | 2.40 Bn |
| Jun 30, 2022 | 2.56 Bn |
| Mar 31, 2022 | 2.50 Bn |
| Dec 31, 2021 | 1.96 Bn |
| Sep 30, 2021 | 1.70 Bn |
API Access
Alcoa Inventory 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=inventory&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();