Alcoa Corp

AA: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Alcoa Earnings: Higher Prices Drive Much Improved Performance

Mark Taylor , Alex Anderson

Jan 27, 2026

Alcoa reported 2025 underlying income of USD 1.0 billion, up 237%. This includes a 19% jump in realized aluminum price to USD 1.53 per pound, and higher bauxite volumes and price, only partially offset by lower alumina pricing and higher tariffs.

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Alcoa Corp

Alcoa Earnings: Higher Prices Drive Much Improved Performance

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