Alcoa Financial Statements From 2010 to 2024

AA Stock  USD 31.03  0.59  1.94%   
Alcoa Corp financial statements provide useful quarterly and yearly information to potential Alcoa Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Alcoa Corp financial statements helps investors assess Alcoa Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Alcoa Corp's valuation are summarized below:
Gross Profit
2.3 B
Profit Margin
(0.06)
Market Capitalization
5.5 B
Enterprise Value Revenue
0.6101
Revenue
10.6 B
We have found one hundred twenty available fundamental signals for Alcoa Corp, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Alcoa Corp prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.4 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many exotic indicators such as Short Term Coverage Ratios of 1.26, Price To Sales Ratio of 0.43 or Dividend Yield of 0.0125. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
  
This module can also supplement Alcoa Corp's financial leverage analysis and stock options assessment as well as various Alcoa Corp Technical models . Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.

Alcoa Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding202.5 M178.3 M184.9 M
Slightly volatile
Total Assets12.7 B14.2 B16.4 B
Slightly volatile
Short and Long Term Debt Total1.6 B1.8 B1.2 B
Slightly volatile
Other Current Liabilities858 M1.1 B698 M
Slightly volatile
Total Current Liabilities3.2 BB2.9 B
Slightly volatile
Total Stockholder Equity4.6 B4.3 B6.9 B
Slightly volatile
Other Liabilities4.3 B3.8 B3.6 B
Slightly volatile
Net Tangible Assets4.6 B4.6 B6.8 B
Slightly volatile
Property Plant And Equipment Net6.6 B6.8 BB
Slightly volatile
Current Deferred Revenue75.2 M79.2 M452.4 M
Slightly volatile
Accounts Payable1.8 B1.7 B1.7 B
Very volatile
Cash1.2 B976 M869.1 M
Slightly volatile
Non Current Assets Total9.5 B9.8 B12.8 B
Slightly volatile
Non Currrent Assets Other1.2 B1.4 B1.5 B
Pretty Stable
Long Term Debt1.6 B1.7 B1.2 B
Slightly volatile
Cash And Short Term Investments1.2 BB871.2 M
Slightly volatile
Net Receivables870.4 M808 M775.4 M
Slightly volatile
Good Will120.2 M146 M150.8 M
Slightly volatile
Common Stock Total Equity1.7 M1.8 M4.7 B
Slightly volatile
Liabilities And Stockholders Equity12.7 B14.2 B16.4 B
Slightly volatile
Non Current Liabilities Total5.9 B5.3 B4.8 B
Slightly volatile
Inventory1.8 B2.2 B1.6 B
Slightly volatile
Other Current Assets381 M434 M373.1 M
Slightly volatile
Total Liabilities9.1 B8.3 B7.6 B
Slightly volatile
Long Term InvestmentsB979 M1.4 B
Slightly volatile
Property Plant And Equipment Gross13.5 B20.4 B12.1 B
Slightly volatile
Short and Long Term Debt83 M79 M24.5 M
Pretty Stable
Total Current Assets4.4 B4.4 B3.7 B
Slightly volatile
Short Term Debt83 M79 M24.5 M
Pretty Stable
Intangible Assets46.1 M37 M60.1 M
Slightly volatile
Common Stock1.7 M1.8 M4.7 B
Slightly volatile
Property Plant Equipment6.8 B5.8 B8.9 B
Slightly volatile
Long Term Debt Total1.7 B2.1 B1.2 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity1.5 B1.4 B1.9 B
Slightly volatile
Capital Surpluse7.6 B8.3 B9.3 B
Slightly volatile
Deferred Long Term Liabilities1.2 B1.7 B962.2 M
Slightly volatile
Non Current Liabilities Other34.2 M36 M394.5 M
Pretty Stable
Cash And Equivalents1.4 B1.6 B1.1 B
Slightly volatile
Deferred Long Term Asset Charges551.4 M577.8 M683.9 M
Slightly volatile
Net Invested Capital6.9 B6.1 B6.2 B
Slightly volatile
Net Working Capital1.6 B1.4 B1.3 B
Slightly volatile
Capital Stock1.6 M1.8 MM
Slightly volatile
Capital Lease Obligations65.4 M104 M91.6 M
Slightly volatile

Alcoa Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization599.4 M632 M794.6 M
Slightly volatile
Interest Expense147.5 M107 M206 M
Slightly volatile
Selling General Administrative231 M226 M308.3 M
Slightly volatile
Total Revenue9.2 B10.6 B11.6 B
Slightly volatile
Gross Profit100.7 M106 M1.5 B
Slightly volatile
Other Operating Expenses8.4 B11.1 B10.8 B
Slightly volatile
Research Development36.5 M39 M53.1 M
Slightly volatile
EBITDA263.1 M277 M1.5 B
Very volatile
Cost Of Revenue7.9 B10.4 B10 B
Slightly volatile
Total Operating Expenses251.8 M265 MB
Slightly volatile
Income Tax Expense179.6 M189 M330.1 M
Slightly volatile
Tax Provision179.6 M189 M412.2 M
Very volatile
Interest Income152.9 M95.4 M233.8 M
Slightly volatile
Non Recurring646.3 M800.4 M497.8 M
Slightly volatile
Reconciled Depreciation544.5 M632 M704.8 M
Slightly volatile

Alcoa Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation36.3 M35 M33.2 M
Pretty Stable
Begin Period Cash FlowB1.5 B792.9 M
Slightly volatile
Depreciation580.8 M632 M776.3 M
Slightly volatile
Capital Expenditures344.9 M531 M452.6 M
Slightly volatile
End Period Cash Flow1.1 BB871.3 M
Slightly volatile
Exchange Rate Changes10.4 M11.7 M12.7 M
Slightly volatile
Dividends Paid61.6 M64.8 M232.7 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.430.57460.4931
Slightly volatile
Dividend Yield0.01250.01190.0025
Slightly volatile
Operating Cycle69.1810381.3834
Slightly volatile
Price Book Value Ratio1.031.42621.0883
Slightly volatile
Days Of Payables Outstanding66.559.895660.7876
Pretty Stable
Inventory Turnover6.784.84016.4324
Slightly volatile
Payables Turnover4.856.09395.9824
Slightly volatile
Company Equity Multiplier2.473.33052.6934
Slightly volatile
Long Term Debt To Capitalization0.180.28950.1727
Slightly volatile
Cash Per Share4.715.63624.6322
Slightly volatile
Total Debt To Capitalization0.180.29870.1746
Slightly volatile
Debt Equity Ratio0.260.4260.2462
Slightly volatile
Quick Ratio0.520.59830.5606
Slightly volatile
Cash Ratio0.30.32210.292
Slightly volatile
Cash Conversion Cycle45.6443.467423.4598
Slightly volatile
Days Of Inventory Outstanding48.9675.411257.9147
Slightly volatile
Days Of Sales Outstanding20.2227.951923.4686
Slightly volatile
Price To Book Ratio1.031.42621.0883
Slightly volatile
Current Ratio1.11.45381.2743
Slightly volatile
Fixed Asset Turnover1.181.5551.3604
Slightly volatile
Enterprise Value Multiple26.1524.9016.5047
Slightly volatile
Debt Ratio0.07730.12790.0744
Slightly volatile
Price Sales Ratio0.430.57460.4931
Slightly volatile
Receivables Turnover16.5713.058216.0661
Slightly volatile
Asset Turnover0.580.74520.7098
Pretty Stable
Gross Profit Margin0.00950.010.1269
Slightly volatile
Price Fair Value1.031.42621.0883
Slightly volatile

Alcoa Fundamental Market Drivers

Forward Price Earnings68.9655
Cash And Short Term InvestmentsB

Alcoa Upcoming Events

17th of April 2024
Upcoming Quarterly Report
View
17th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
15th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Alcoa Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alcoa Corp income statement, its balance sheet, and the statement of cash flows. Alcoa Corp investors use historical funamental indicators, such as Alcoa Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may use each financial statement separately, they are all related. The changes in Alcoa Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alcoa Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alcoa Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue79.2 M75.2 M
Total Revenue10.6 B9.2 B
Cost Of Revenue10.4 B7.9 B
Ebit Per Revenue(0.03)(0.03)

Pair Trading with Alcoa Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alcoa Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alcoa Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Alcoa Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alcoa Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alcoa Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alcoa Corp to buy it.
The correlation of Alcoa Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alcoa Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alcoa Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alcoa Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
Check out the analysis of Alcoa Corp Correlation against competitors.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(3.65)
Revenue Per Share
59.275
Quarterly Revenue Growth
(0.03)
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.