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
DateValue
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