Alcoa (AA) Return on Invested Capital (2016 - 2026)

Alcoa (AA) posted Return on Invested Capital of 0.33% for Q2 2026, up 412.26% sequentially from 0.06% in Q1 2026, and up 30.0% YoY from 0.25% in Q2 2025.

Alcoa (AA) Return on Invested Capital (2016 - 2026) Analysis & Trends

Alcoa has reported Return on Invested Capital for 11 years, with the latest figure at 0.33% in Q2 2026.

  • Quarterly Return on Invested Capital rose 30.0% year-over-year to 0.33% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.33% (up 30.0% YoY) and the FY2025 annual result came in at 0.19%, up 10.0% from the prior year.
  • Return on Invested Capital climbed to 0.33% in Q2 2026 per AA's latest filing, from 0.06% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 2.46% in Q4 2022 and troughed at 0.72% in Q3 2022.
  • A 5-year average of 0.24% and a median of 0.02% in 2025 frame the typical range for Return on Invested Capital.
  • The sharpest annual moves came in 2022 and 2023: Return on Invested Capital soared 247 bps in 2022, then sank 239 bps in 2023.
  • Over 5 years, Return on Invested Capital stood at 2.46% in 2022, then sank by 97 bps to 0.07% in 2023, then slumped by 85 bps to 0.01% in 2024, then jumped by 421 bps to 0.05% in 2025, then soared by 532 bps to 0.33% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods registered 0.33%, 0.06%, and 0.05% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Alcoa 14.30 Bn 12.86 Bn 999.00 Mn 0.33%
2 Century Aluminum 5.18 Bn 4.83 Bn 227.90 Mn 0.02%
3 Constellium Se 4.07 Bn 3.91 Bn 480.00 Mn 0.05%
4 Kaiser Aluminum 3.16 Bn 3.10 Bn 199.00 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 0.33%
Mar 31, 2026 0.06%
Dec 31, 2025 0.05%
Sep 30, 2025 0.02%
Jun 30, 2025 0.02%
Mar 31, 2025 0.01%
Dec 31, 2024 0.04%
Sep 30, 2024 0.01%
Jun 30, 2024 0.03%
Mar 31, 2024 0.03%
Dec 31, 2023 0.07%
Jun 30, 2023 0.64%
Mar 31, 2023 5.75%
Dec 31, 2022 1.77%
Sep 30, 2022 -0.63%
Jun 30, 2022 0.13%
Mar 31, 2022 0.00%
Dec 31, 2021 -0.01%
Sep 30, 2021 0.10%
Jun 30, 2021 0.09%