Alcoa (AA) Return on Capital Employed (2016 - 2026)
Alcoa (AA) posted Return on Capital Employed of 10.23% for Q2 2026, up 86.74% sequentially from 5.48% in Q1 2026, and down 783.0% YoY from 1.5% in Q2 2025.
Alcoa (AA) Return on Capital Employed (2016 - 2026) Analysis & Trends
Alcoa has reported Return on Capital Employed for 11 years, with the latest figure at 10.23% in Q2 2026.
- Quarterly Return on Capital Employed fell 783.0% year-over-year to 10.23% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 10.23% (down 783.0% YoY) and the FY2025 annual result came in at 8.25%, down 274.0% from the prior year.
- Return on Capital Employed rose to 10.23% in Q2 2026 per AA's latest filing, from 5.48% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 18.65% in Q1 2025 and troughed at 4.76% in Q3 2022.
- A 5-year average of 6.41% and a median of 5.99% in 2024 frame the typical range for Return on Capital Employed.
- The widest YoY moves for Return on Capital Employed: up 2267 bps in 2022, down 2327 bps in 2022.
- Over 5 years, Return on Capital Employed stood at 16.33% in 2022, then slumped by 84 bps to 2.63% in 2023, then jumped by 315 bps to 10.89% in 2024, then retreated by 28 bps to 7.85% in 2025, then surged by 30 bps to 10.23% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 10.23%, 5.48%, and 7.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alcoa | 14.07 Bn | 12.64 Bn | 999.00 Mn | 10.23% |
| 2 | Century Aluminum | 5.22 Bn | 4.87 Bn | 227.90 Mn | 29.90% |
| 3 | Constellium Se | 4.04 Bn | 3.88 Bn | 480.00 Mn | 31.19% |
| 4 | Kaiser Aluminum | 3.13 Bn | 3.07 Bn | 199.00 Mn | 15.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.23% |
| Mar 31, 2026 | 5.48% |
| Dec 31, 2025 | 7.85% |
| Sep 30, 2025 | 8.56% |
| Jun 30, 2025 | 18.06% |
| Mar 31, 2025 | 18.65% |
| Dec 31, 2024 | 13.82% |
| Sep 30, 2024 | 9.41% |
| Jun 30, 2024 | 6.09% |
| Mar 31, 2024 | 4.31% |
| Dec 31, 2023 | 2.63% |
| Sep 30, 2023 | 1.63% |
| Jun 30, 2023 | 2.09% |
| Mar 31, 2023 | 8.91% |
| Dec 31, 2022 | 16.33% |
| Sep 30, 2022 | -4.20% |
| Jun 30, 2022 | 0.62% |
| Mar 31, 2022 | -1.92% |
| Dec 31, 2021 | -5.73% |
| Sep 30, 2021 | 88.53% |