Alcoa (AA) Return on Assets [ROA] (2016 - 2026)
Alcoa's Return on Assets [ROA] came in at 7.44% for Q2 2026, up 0.68 percentage points from 6.76% a year earlier and up 1.41 percentage points from the prior quarter.
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Analysis
Alcoa (AA) Return on Assets [ROA] (2016 - 2026) Analysis & Trends
For FY2025, Alcoa's Return on Assets [ROA] was 7.41%, up 7.24 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +7.51 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 0.17% in FY2024 (+5.52 pp), -5.35% in FY2023 (-5.60 pp), 0.26% in FY2022 (-3.56 pp) and 3.81% in FY2021 (+3.91 pp).
- The Q2 2026 figure represents the highest quarterly Return on Assets [ROA] since Q2 2022.
- Year-over-year, Return on Assets [ROA] increased in seven of the last eight quarters, with an average year-over-year change of +6.36 percentage points.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q1 2025 (a gain of 12.09 percentage points), and the weakest in Q2 2023 (a drop of 18.57 percentage points).
- Business Quant data shows AA's Return on Assets [ROA] at 6.03% (Q1 2026), 6.97% (Q4 2025) and 7.23% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 24.66% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 15.21% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 3.02% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 7.74% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 16.10% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 24.54% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 8.97% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 1.88% |
| 10 | Alcoa | 11.08 Bn | 5.36 Bn | 999.00 Mn | 7.44% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.44% |
| Mar 31, 2026 | 6.03% |
| Dec 31, 2025 | 6.97% |
| Sep 30, 2025 | 7.23% |
| Jun 30, 2025 | 6.76% |
| Mar 31, 2025 | 6.14% |
| Dec 31, 2024 | 0.17% |
| Sep 30, 2024 | -2.81% |
| Jun 30, 2024 | -4.86% |
| Mar 31, 2024 | -5.95% |
| Dec 31, 2023 | -5.51% |
| Sep 30, 2023 | -6.89% |
| Jun 30, 2023 | -10.82% |
| Mar 31, 2023 | -5.13% |
| Dec 31, 2022 | 0.26% |
| Sep 30, 2022 | 0.58% |
| Jun 30, 2022 | 7.75% |
| Mar 31, 2022 | 5.83% |
| Dec 31, 2021 | 3.90% |
| Sep 30, 2021 | 6.68% |
API Access
Alcoa Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();