Alcoa Corp AA

Morningstar Rating
$39.62 −0.84 (2.08%)
View Full Chart

Company Report

Alcoa Earnings: Down on Weaker Pricing and Shipments

Alcoa reported third-quarter 2026 underlying income of USD 485 million, down 14% from second-quarter 2026. This includes a 5% decline in realized aluminum price to USD 2.05 per pound and a 5% decline in aluminum shipments to 0.7 million metric tons. Higher alumina volumes and price partially offset.

Price vs Fair Value

AA is trading at a LOCK|Jg?<<q premium.
Price
$40.45
Fair Value
<F
Uncertainty
LOCK|JhF
1-Star Price
LOCK|.N<
5-Star Price
LOCK|.H
Economic Moat
LOCK|^zQ
Capital Allocation
LOCK|?Mg>ST

Bulls Say, Bears Say

Bulls

Alcoa's US smelting operations are likely to benefit from US sanctions on aluminum imports.

Bears

Aluminum prices could move sharply lower into the future, weighing heavily on companywide profitability.

News

Articles & Videos

Trading Information

Previous Close Price
$40.45
Day Range
$39.23–40.42
52-Week Range
$35.15–84.36
Bid/Ask
$39.56 / $39.64
Shares Outstanding
263.97M
Market Cap
$10.43B
Volume/Avg
517,393 / 5M

Key Statistics

Price/Earnings (Normalized)
7.02
Price/Sales
0.75
Dividend Yield (Trailing)
0.99%
Dividend Yield (Forward)
0.99%
Dividend Payment Schedule
Mar, Jun, Aug, Nov
Total Yield
0.99%

Company Profile

Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world’s largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It was listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
Sector
Basic Materials
Industry
Aluminum
Stock Style Box
Small Value
Total Number of Employees
14,900

Competitors

Valuation

Metric
AA
BHP
RIO
Price/Earnings (Normalized)
7.0213.9712.86
Price/Book Value
1.294.162.56
Price/Sales
0.753.492.69
Price/Cash Flow
4.168.748.06
Price/Earnings
AA
BHP
RIO

Financial Strength

Metric
AA
BHP
RIO
Quick Ratio
1.491.440.93
Current Ratio
2.311.881.42
Interest Coverage
13.5711.3610.65
Quick Ratio
AA
BHP
RIO

Profitability

Metric
AA
BHP
RIO
Return on Assets (Normalized)
8.80%11.44%10.13%
Return on Equity (Normalized)
21.68%27.20%20.84%
Return on Invested Capital (Normalized)
16.31%17.58%15.78%
Return on Assets
AA
BHP
RIO

Aluminum Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
China Hongqiao Group Ltd ADR
CHHQY
—LOCK|fc$25B
China Hongqiao Group Ltd
CHHQF
—LOCK|^T$25B
Aluminum Corp of China Ltd Class H
ALMMF
—LOCK|&C$19B
Norsk Hydro ASA ADR
NHYDY
—LOCK|k>$14B
Norsk Hydro ASA
NHYKF
—LOCK|q$$$14B
Century Aluminum Co
CENX
LOCK|J>!LOCK|mYH$4B
Constellium SE Class A
CSTM
—LOCK|!P@$3B
Kaiser Aluminum Corp
KALU
—LOCK|Wdd$2B
Alpha HPA Ltd
ALHPF
—LOCK|&V$412M

Sponsor Center