Alcoa (AA) Invested Capital (2015 - 2026)
Alcoa's (AA) quarterly Invested Capital came in at $6.8 billion in Q1 2026, up 12.42% year-on-year from $6.1 billion in Q1 2025, and up 3.68% quarter-over-quarter from $6.6 billion in Q4 2025.
Alcoa (AA) Invested Capital (2015 - 2026) Analysis & Trends
Alcoa has disclosed Invested Capital across 12 years of filings, most recently posting $6.8 billion for Q1 2026.
- Invested Capital for Q1 2026 came in at $6.8 billion, up 12.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.8 billion (up 12.42% YoY), and the FY2025 annual result was $6.6 billion, up 21.49% from the prior year.
- Invested Capital came in at $6.8 billion for Q1 2026 at Alcoa, up from $6.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $7.3 billion in Q2 2022 to a low of $5.4 billion in Q4 2024.
- The 5-year median for Invested Capital is $6.3 billion (2025), against an average of $6.3 billion.
- Across the five-year window, Invested Capital jumped 34.58% in 2022 and retreated 14.92% in 2024, its largest moves.
- Alcoa's Invested Capital stood at $6.8 billion in 2022, then declined by 12.74% to $5.9 billion in 2023, then dropped by 8.51% to $5.4 billion in 2024, then advanced by 21.49% to $6.6 billion in 2025, then climbed by 3.68% to $6.8 billion in 2026.
- The last three Invested Capital figures came in at $6.8 billion (Q1 2026), $6.6 billion (Q4 2025), and $6.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 6.83 Bn |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 1.39 Bn |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 1.17 Bn |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 877.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.83 Bn |
| Dec 31, 2025 | 6.59 Bn |
| Sep 30, 2025 | 6.35 Bn |
| Jun 30, 2025 | 6.21 Bn |
| Mar 31, 2025 | 6.07 Bn |
| Dec 31, 2024 | 5.42 Bn |
| Sep 30, 2024 | 5.52 Bn |
| Jun 30, 2024 | 5.50 Bn |
| Mar 31, 2024 | 5.74 Bn |
| Dec 31, 2023 | 5.92 Bn |
| Sep 30, 2023 | 6.09 Bn |
| Jun 30, 2023 | 6.46 Bn |
| Mar 31, 2023 | 6.51 Bn |
| Dec 31, 2022 | 6.79 Bn |
| Sep 30, 2022 | 7.06 Bn |
| Jun 30, 2022 | 7.29 Bn |
| Mar 31, 2022 | 6.77 Bn |
| Dec 31, 2021 | 6.56 Bn |
| Sep 30, 2021 | 5.46 Bn |
| Jun 30, 2021 | 5.42 Bn |