Alcoa (AA) Net Margin (2015 - 2026)
Alcoa's (AA) quarterly Net Margin came in at 13.06% in Q1 2026, down 321.0% year-on-year from 5.91% in Q1 2025, and up 152.19% quarter-over-quarter from 25.02% in Q4 2025.
Alcoa (AA) Net Margin (2015 - 2026) Analysis & Trends
Alcoa has disclosed Net Margin across 12 years of filings, most recently posting 13.06% for Q1 2026.
- Net Margin for Q1 2026 came in at 13.06%, down 321.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.61% (down 1050.0% YoY), and the FY2025 annual result was 1.42%, down 476.0% from the prior year.
- Net Margin came in at 13.06% for Q1 2026 at Alcoa, up from 25.02% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 18.5% in Q2 2022 to a low of 66.62% in Q4 2022.
- The 5-year median for Net Margin is 1.07% (2024), against an average of 3.22%.
- Across the five-year window, Net Margin plunged 93132 bps in 2022 and jumped 6504 bps in 2023, its largest moves.
- Alcoa's Net Margin stood at 66.62% in 2022, then surged by 98 bps to 1.58% in 2023, then surged by 1146 bps to 16.52% in 2024, then slumped by 251 bps to 25.02% in 2025, then soared by 152 bps to 13.06% in 2026.
- The last three Net Margin figures came in at 13.06% (Q1 2026), 25.02% (Q4 2025), and 7.28% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 13.06% |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 51.99% |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 7.96% |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 5.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.06% |
| Dec 31, 2025 | -25.02% |
| Sep 30, 2025 | 7.28% |
| Jun 30, 2025 | 5.00% |
| Mar 31, 2025 | 16.27% |
| Dec 31, 2024 | 16.52% |
| Sep 30, 2024 | 3.37% |
| Jun 30, 2024 | 1.07% |
| Mar 31, 2024 | -11.81% |
| Dec 31, 2023 | -1.58% |
| Sep 30, 2023 | -7.42% |
| Jun 30, 2023 | -4.51% |
| Mar 31, 2023 | -8.69% |
| Dec 31, 2022 | -66.62% |
| Sep 30, 2022 | -26.97% |
| Jun 30, 2022 | 18.50% |
| Mar 31, 2022 | 16.79% |
| Dec 31, 2021 | 864.71% |
| Sep 30, 2021 | 11.90% |
| Jun 30, 2021 | 12.35% |