Alcoa (AA) Return on Capital Employed (2016 - 2026)
Alcoa's (AA) quarterly Return on Capital Employed came in at 5.25% in Q1 2026, down 1422.0% year-on-year from 0.4% in Q1 2025, and down 31.04% quarter-over-quarter from 7.61% in Q4 2025.
Alcoa (AA) Return on Capital Employed (2016 - 2026) Analysis & Trends
Alcoa has disclosed Return on Capital Employed across 11 years of filings, most recently posting 5.25% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 5.25%, down 1422.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.25% (down 1422.0% YoY), and the FY2025 annual result was 1.98%, up 141.0% from the prior year.
- Return on Capital Employed came in at 5.25% for Q1 2026 at Alcoa, down from 7.61% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 19.47% in Q1 2025 to a low of 5.15% in Q3 2022.
- The 5-year median for Return on Capital Employed is 4.76% (2024), against an average of 5.45%.
- Peak annual rise in Return on Capital Employed reached 1650 bps in 2022, while the deepest fall reached 2367 bps in 2022.
- Alcoa's Return on Capital Employed stood at 10.41% in 2022, then sank by 71 bps to 3.06% in 2023, then surged by 338 bps to 13.4% in 2024, then slumped by 43 bps to 7.61% in 2025, then sank by 31 bps to 5.25% in 2026.
- The last three Return on Capital Employed figures came in at 5.25% (Q1 2026), 7.61% (Q4 2025), and 9.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 18.13 Bn | 16.72 Bn | 681.00 Mn | 5.25% |
| 2 | Century Aluminum | 6.04 Bn | 5.93 Bn | 118.80 Mn | 25.09% |
| 3 | Constellium Se | 4.83 Bn | 4.56 Bn | 420.00 Mn | 27.06% |
| 4 | Kaiser Aluminum | 3.08 Bn | 3.05 Bn | 944.60 Mn | 4.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.25% |
| Dec 31, 2025 | 7.61% |
| Sep 30, 2025 | 9.16% |
| Jun 30, 2025 | 18.95% |
| Mar 31, 2025 | 19.47% |
| Dec 31, 2024 | 13.40% |
| Sep 30, 2024 | 8.06% |
| Jun 30, 2024 | 4.76% |
| Mar 31, 2024 | 3.08% |
| Dec 31, 2023 | 3.06% |
| Sep 30, 2023 | -3.41% |
| Jun 30, 2023 | -2.85% |
| Mar 31, 2023 | 3.37% |
| Dec 31, 2022 | 10.41% |
| Sep 30, 2022 | -5.15% |
| Jun 30, 2022 | -0.32% |
| Mar 31, 2022 | -2.26% |
| Dec 31, 2021 | -6.09% |
| Sep 30, 2021 | 18.52% |
| Jun 30, 2021 | 13.98% |