Alcoa (AA) Return on Equity [ROE] (2016 - 2026)
Alcoa's Return on Equity [ROE] came in at 17.55% for Q2 2026, up 0.83 percentage points from 16.72% a year earlier and up 2.29 percentage points from the prior quarter.
Powered by 
Analysis
Alcoa (AA) Return on Equity [ROE] (2016 - 2026) Analysis & Trends
For FY2025, Alcoa's Return on Equity [ROE] was 19.85%, up 19.41 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +20.11 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 0.44% in FY2024 (+12.87 pp), -12.43% in FY2023 (-13.02 pp), 0.59% in FY2022 (-9.50 pp) and 10.09% in FY2021 (+10.35 pp).
- The five-year range for quarterly Return on Equity [ROE] is -24.18% (Q2 2023) to 18.13% (Q2 2022).
- Year-over-year, Return on Equity [ROE] increased in seven of the last eight quarters, with an average year-over-year change of +15.58 percentage points.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q1 2025 (a gain of 30.93 percentage points), and the weakest in Q2 2023 (a drop of 42.31 percentage points).
- Business Quant data shows AA's Return on Equity [ROE] at 15.27% (Q1 2026), 17.96% (Q4 2025) and 17.93% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 46.23% |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 24.87% |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 4.44% |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 14.40% |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | 21.41% |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 34.97% |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 14.21% |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 3.26% |
| 10 | Alcoa | 11.08 Bn | 5.36 Bn | 999.00 Mn | 17.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.55% |
| Mar 31, 2026 | 15.27% |
| Dec 31, 2025 | 17.96% |
| Sep 30, 2025 | 17.93% |
| Jun 30, 2025 | 16.72% |
| Mar 31, 2025 | 16.02% |
| Dec 31, 2024 | 0.46% |
| Sep 30, 2024 | -7.59% |
| Jun 30, 2024 | -12.71% |
| Mar 31, 2024 | -14.90% |
| Dec 31, 2023 | -12.95% |
| Sep 30, 2023 | -15.39% |
| Jun 30, 2023 | -24.18% |
| Mar 31, 2023 | -11.59% |
| Dec 31, 2022 | 0.56% |
| Sep 30, 2022 | 1.25% |
| Jun 30, 2022 | 18.13% |
| Mar 31, 2022 | 14.42% |
| Dec 31, 2021 | 9.71% |
| Sep 30, 2021 | 17.58% |
API Access
Alcoa Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=AA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=AA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();