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
DateValue
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%