ALCOA CORP (AA) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:AA • US0138721065

59.16 USD
+2.78 (+4.93%)
At close: Feb 6, 2026
58.8 USD
-0.36 (-0.61%)
After Hours: 2/6/2026, 8:16:24 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Taking everything into account, AA scores 5 out of 10 in our fundamental rating. AA was compared to 157 industry peers in the Metals & Mining industry. AA has a medium profitability rating, but doesn't score so well on its financial health evaluation. AA has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • AA had positive earnings in the past year.
  • AA had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: AA reported negative net income in multiple years.
  • AA had a positive operating cash flow in each of the past 5 years.
AA Yearly Net Income VS EBIT VS OCF VS FCFAA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • The Return On Assets of AA (7.22%) is better than 79.62% of its industry peers.
  • AA has a Return On Equity of 19.08%. This is amongst the best in the industry. AA outperforms 91.72% of its industry peers.
  • AA has a better Return On Invested Capital (7.91%) than 70.06% of its industry peers.
Industry RankSector Rank
ROA 7.22%
ROE 19.08%
ROIC 7.91%
ROA(3y)1.01%
ROA(5y)1.01%
ROE(3y)1.64%
ROE(5y)2.34%
ROIC(3y)N/A
ROIC(5y)N/A
AA Yearly ROA, ROE, ROICAA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 -20

1.3 Margins

  • AA has a better Profit Margin (9.12%) than 75.16% of its industry peers.
  • With a decent Operating Margin value of 9.71%, AA is doing good in the industry, outperforming 64.97% of the companies in the same industry.
  • AA's Operating Margin has improved in the last couple of years.
  • AA has a Gross Margin (17.08%) which is comparable to the rest of the industry.
  • AA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.71%
PM (TTM) 9.12%
GM 17.08%
OM growth 3Y-4.45%
OM growth 5Y15.91%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.69%
GM growth 5Y3.79%
AA Yearly Profit, Operating, Gross MarginsAA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AA is destroying value.
  • AA has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, AA has more shares outstanding
  • AA has a better debt/assets ratio than last year.
AA Yearly Shares OutstandingAA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
AA Yearly Total Debt VS Total AssetsAA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 2.02 indicates that AA is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of AA (2.02) is worse than 71.34% of its industry peers.
  • The Debt to FCF ratio of AA is 4.30, which is a neutral value as it means it would take AA, 4.30 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.30, AA is in the better half of the industry, outperforming 71.97% of the companies in the same industry.
  • AA has a Debt/Equity ratio of 0.40. This is a healthy value indicating a solid balance between debt and equity.
  • AA has a worse Debt to Equity ratio (0.40) than 68.79% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 4.3
Altman-Z 2.02
ROIC/WACC0.76
WACC10.44%
AA Yearly LT Debt VS Equity VS FCFAA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B 4B 6B

2.3 Liquidity

  • AA has a Current Ratio of 1.45. This is a normal value and indicates that AA is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.45, AA is doing worse than 73.25% of the companies in the same industry.
  • AA has a Quick Ratio of 1.45. This is a bad value and indicates that AA is not financially healthy enough and could expect problems in meeting its short term obligations.
  • AA has a worse Quick ratio (0.87) than 75.80% of its industry peers.
Industry RankSector Rank
Current Ratio 1.45
Quick Ratio 0.87
AA Yearly Current Assets VS Current LiabilitesAA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B 5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • AA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 293.75%, which is quite impressive.
  • AA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.00% yearly.
  • Looking at the last year, AA shows a small growth in Revenue. The Revenue has grown by 7.87% in the last year.
  • The Revenue has been growing slightly by 6.68% on average over the past years.
EPS 1Y (TTM)293.75%
EPS 3Y-7%
EPS 5YN/A
EPS Q2Q%21.15%
Revenue 1Y (TTM)7.87%
Revenue growth 3Y1.01%
Revenue growth 5Y6.68%
Sales Q2Q%-1.06%

3.2 Future

  • AA is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.37% yearly.
  • Based on estimates for the next years, AA will show a decrease in Revenue. The Revenue will decrease by -1.16% on average per year.
EPS Next Y16.25%
EPS Next 2Y18.3%
EPS Next 3Y-6.34%
EPS Next 5Y-8.37%
Revenue Next Year7.64%
Revenue Next 2Y4.29%
Revenue Next 3Y3.32%
Revenue Next 5Y-1.16%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
AA Yearly Revenue VS EstimatesAA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 5B 10B
AA Yearly EPS VS EstimatesAA Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 2 -2 4 6

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 15.65, which indicates a correct valuation of AA.
  • AA's Price/Earnings ratio is rather cheap when compared to the industry. AA is cheaper than 93.63% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of AA to the average of the S&P500 Index (27.92), we can say AA is valued slightly cheaper.
  • A Price/Forward Earnings ratio of 13.46 indicates a correct valuation of AA.
  • 76.43% of the companies in the same industry are more expensive than AA, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.78, AA is valued rather cheaply.
Industry RankSector Rank
PE 15.65
Fwd PE 13.46
AA Price Earnings VS Forward Price EarningsAA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, AA is valued cheaper than 89.81% of the companies in the same industry.
  • AA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. AA is cheaper than 86.62% of the companies in the same industry.
Industry RankSector Rank
P/FCF 27.02
EV/EBITDA 8.26
AA Per share dataAA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • AA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • The decent profitability rating of AA may justify a higher PE ratio.
  • AA's earnings are expected to decrease with -6.34% in the coming years. This may justify a cheaper valuation.
PEG (NY)0.96
PEG (5Y)N/A
EPS Next 2Y18.3%
EPS Next 3Y-6.34%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.66%, AA is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 1.02, AA pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.81, AA's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.66%

5.2 History

  • AA has been paying a dividend for at least 10 years, so it has a reliable track record.
  • AA has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
AA Yearly Dividends per shareAA Yearly Dividends per shareYearly Dividends per share 2016 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

  • 8.97% of the earnings are spent on dividend by AA. This is a low number and sustainable payout ratio.
DP8.97%
EPS Next 2Y18.3%
EPS Next 3Y-6.34%
AA Yearly Income VS Free CF VS DividendAA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500M -500M 1B -1B
AA Dividend Payout.AA Dividend Payout, showing the Payout Ratio.AA Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

ALCOA CORP

NYSE:AA (2/6/2026, 8:16:24 PM)

After market: 58.8 -0.36 (-0.61%)

59.16

+2.78 (+4.93%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-14
Inst Owners82.31%
Inst Owner Change-3.59%
Ins Owners0.37%
Ins Owner Change-0.3%
Market Cap15.32B
Revenue(TTM)12.83B
Net Income(TTM)1.17B
Analysts78.18
Price Target50.18 (-15.18%)
Short Float %2.6%
Short Ratio0.93
Dividend
Industry RankSector Rank
Dividend Yield 0.66%
Yearly Dividend0.41
Dividend Growth(5Y)N/A
DP8.97%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)62.11%
Min EPS beat(2)33.63%
Max EPS beat(2)90.58%
EPS beat(4)4
Avg EPS beat(4)44.4%
Min EPS beat(4)21.88%
Max EPS beat(4)90.58%
EPS beat(8)7
Avg EPS beat(8)38.74%
EPS beat(12)9
Avg EPS beat(12)21.75%
EPS beat(16)12
Avg EPS beat(16)2%
Revenue beat(2)1
Avg Revenue beat(2)-2.68%
Min Revenue beat(2)-7.1%
Max Revenue beat(2)1.74%
Revenue beat(4)2
Avg Revenue beat(4)-2.94%
Min Revenue beat(4)-7.39%
Max Revenue beat(4)1.74%
Revenue beat(8)3
Avg Revenue beat(8)-2.2%
Revenue beat(12)3
Avg Revenue beat(12)-2.63%
Revenue beat(16)4
Avg Revenue beat(16)-2.82%
PT rev (1m)10.45%
PT rev (3m)24.29%
EPS NQ rev (1m)8.49%
EPS NQ rev (3m)115.95%
EPS NY rev (1m)5.79%
EPS NY rev (3m)54.55%
Revenue NQ rev (1m)-0.47%
Revenue NQ rev (3m)10.72%
Revenue NY rev (1m)1.44%
Revenue NY rev (3m)7.4%
Valuation
Industry RankSector Rank
PE 15.65
Fwd PE 13.46
P/S 1.19
P/FCF 27.02
P/OCF 12.93
P/B 2.5
P/tB 2.5
EV/EBITDA 8.26
EPS(TTM)3.78
EY6.39%
EPS(NY)4.39
Fwd EY7.43%
FCF(TTM)2.19
FCFY3.7%
OCF(TTM)4.58
OCFY7.73%
SpS49.55
BVpS23.68
TBVpS23.68
PEG (NY)0.96
PEG (5Y)N/A
Graham Number44.88
Profitability
Industry RankSector Rank
ROA 7.22%
ROE 19.08%
ROCE 10.01%
ROIC 7.91%
ROICexc 9.07%
ROICexgc 9.07%
OM 9.71%
PM (TTM) 9.12%
GM 17.08%
FCFM 4.42%
ROA(3y)1.01%
ROA(5y)1.01%
ROE(3y)1.64%
ROE(5y)2.34%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-5.41%
ROICexgc growth 5Y22.38%
ROICexc growth 3Y-4.87%
ROICexc growth 5Y22.83%
OM growth 3Y-4.45%
OM growth 5Y15.91%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.69%
GM growth 5Y3.79%
F-Score7
Asset Turnover0.79
Health
Industry RankSector Rank
Debt/Equity 0.4
Debt/FCF 4.3
Debt/EBITDA 1.3
Cap/Depr 99.2%
Cap/Sales 4.82%
Interest Coverage 250
Cash Conversion 63.4%
Profit Quality 48.46%
Current Ratio 1.45
Quick Ratio 0.87
Altman-Z 2.02
F-Score7
WACC10.44%
ROIC/WACC0.76
Cap/Depr(3y)91.19%
Cap/Depr(5y)82.02%
Cap/Sales(3y)4.91%
Cap/Sales(5y)4.36%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)293.75%
EPS 3Y-7%
EPS 5YN/A
EPS Q2Q%21.15%
EPS Next Y16.25%
EPS Next 2Y18.3%
EPS Next 3Y-6.34%
EPS Next 5Y-8.37%
Revenue 1Y (TTM)7.87%
Revenue growth 3Y1.01%
Revenue growth 5Y6.68%
Sales Q2Q%-1.06%
Revenue Next Year7.64%
Revenue Next 2Y4.29%
Revenue Next 3Y3.32%
Revenue Next 5Y-1.16%
EBIT growth 1Y42.08%
EBIT growth 3Y-3.49%
EBIT growth 5Y23.65%
EBIT Next Year89.83%
EBIT Next 3Y35.1%
EBIT Next 5Y2.98%
FCF growth 1Y1250%
FCF growth 3Y18.35%
FCF growth 5Y69.11%
OCF growth 1Y90.51%
OCF growth 3Y12.97%
OCF growth 5Y24.64%

ALCOA CORP / AA FAQ

Can you provide the ChartMill fundamental rating for ALCOA CORP?

ChartMill assigns a fundamental rating of 5 / 10 to AA.


What is the valuation status of ALCOA CORP (AA) stock?

ChartMill assigns a valuation rating of 7 / 10 to ALCOA CORP (AA). This can be considered as Undervalued.


Can you provide the profitability details for ALCOA CORP?

ALCOA CORP (AA) has a profitability rating of 6 / 10.


Can you provide the financial health for AA stock?

The financial health rating of ALCOA CORP (AA) is 3 / 10.


Can you provide the dividend sustainability for AA stock?

The dividend rating of ALCOA CORP (AA) is 4 / 10 and the dividend payout ratio is 8.97%.