Alcoa (AA) Net Margin (2015 - 2026)
Alcoa's Net Margin was 10.26% in Q2 2026, up 4.83 percentage points from 5.43% a year earlier but down 3.05 percentage points from the prior quarter.
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Analysis
Alcoa (AA) Net Margin (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Alcoa's Net Margin was 9.39% through Jun 30, 2026, up 1.53 percentage points year-over-year; for FY2025, it was 9.02%, up 8.51 percentage points from FY2024.
- Net Margin shows a five-year change of +10.85 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 0.50% in FY2024 (+6.67 pp), -6.17% in FY2023 (-5.18 pp), -0.99% in FY2022 (-4.52 pp) and 3.53% in FY2021 (+5.36 pp).
- Quarterly Net Margin has moved between -26.17% (Q3 2022) and 16.27% (Q1 2025) over five years.
- Compared with a year earlier, Net Margin was higher in seven of the last eight quarters, with an average year-over-year change of +7.34 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q1 2025 (a gain of 25.96 percentage points); the worst was Q3 2022 (a drop of 37.01 percentage points).
- Per Business Quant data, AA's Net Margin in the three quarters before Q2 2026 was 13.31% (Q1 2026), 6.18% (Q4 2025) and 7.75% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 38.94% |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 35.99% |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | 7.92% |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 14.00% |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 35.75% |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 11.12% |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | 12.31% |
| 10 | Alcoa | 11.08 Bn | 5.36 Bn | 999.00 Mn | 10.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.26% |
| Mar 31, 2026 | 13.31% |
| Dec 31, 2025 | 6.18% |
| Sep 30, 2025 | 7.75% |
| Jun 30, 2025 | 5.43% |
| Mar 31, 2025 | 16.27% |
| Dec 31, 2024 | 5.79% |
| Sep 30, 2024 | 3.10% |
| Jun 30, 2024 | 0.69% |
| Mar 31, 2024 | -9.70% |
| Dec 31, 2023 | -5.78% |
| Sep 30, 2023 | -6.46% |
| Jun 30, 2023 | -3.80% |
| Mar 31, 2023 | -8.65% |
| Dec 31, 2022 | -14.83% |
| Sep 30, 2022 | -26.17% |
| Jun 30, 2022 | 15.07% |
| Mar 31, 2022 | 14.24% |
| Dec 31, 2021 | -11.74% |
| Sep 30, 2021 | 10.84% |
API Access
Alcoa Net Margin 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=net-margin&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();