Alcoa Financial Statements From 2010 to 2022

AA
 Stock
  

USD 47.89  0.62  1.28%   

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.
We have found one hundred eleven available fundamental signals for Alcoa Corp, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Alcoa Corp prevailing market performance against the performance between 2010 and 2022 to make sure the company can sustain itself down the road.
Alcoa Corp Net Income Per Employee is projected to increase significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 35,164. The current year Earnings Before Interest Taxes and Depreciation Amortization EBITDA is expected to grow to about 2.1 B, whereas Revenue Per Employee is forecasted to decline to about 860.4 K.
  
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 Direct Expenses of 10.2 B, Consolidated Income of 615 M or Cost of Revenue of 8.7 B, as well as many exotic indicators such as Interest Coverage of 4.8, Long Term Debt to Equity of 0.33 or Calculated Tax Rate of 55.49. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules. It can also supplement Alcoa Corp's financial leverage analysis and stock options assessment as well as various Alcoa Corp Technical models . Please continue to the analysis of Alcoa Corp Correlation against competitors.

Alcoa Corp Revenues

13.03 Billion

Alcoa Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Liabilities519.9 M565 M539.1 M
Decreasing
Slightly volatile
Tax Assets559.6 M506 M799.4 M
Decreasing
Slightly volatile
Accumulated Retained Earnings Deficit(323.3 M)(315 M)(151 M)
Decreasing
Slightly volatile
Trade and Non Trade Receivables913.7 M884 M766 M
Increasing
Slightly volatile
Property Plant and Equipment Net7.1 B6.6 B9.4 B
Decreasing
Slightly volatile
Trade and Non Trade Payables1.5 B1.7 B1.6 B
Decreasing
Slightly volatile
Liabilities Non CurrentB5.5 B4.7 B
Increasing
Slightly volatile
Current Liabilities2.9 B3.2 B2.8 B
Increasing
Slightly volatile
Total Liabilities9.8 B10.4 B9.5 B
Increasing
Slightly volatile
Investments Non Current1.2 B1.2 B1.5 B
Decreasing
Slightly volatile
Investments1.2 B1.2 B1.5 B
Decreasing
Slightly volatile
Inventory1.9 BB1.5 B
Increasing
Slightly volatile
Goodwill and Intangible Assets143.2 M144 M157.5 M
Decreasing
Slightly volatile
Shareholders Equity USDB4.7 B7.3 B
Decreasing
Slightly volatile
Shareholders Equity5.9 B4.7 B7.4 B
Decreasing
Slightly volatile
Total Debt USD1.7 B1.7 B1.1 B
Increasing
Slightly volatile
Debt Non Current1.7 B1.7 B1.1 B
Increasing
Slightly volatile
Debt CurrentM1000 K15.8 M
Decreasing
Slightly volatile
Total Debt1.7 B1.7 B1.1 B
Increasing
Slightly volatile
Cash and Equivalents USD1.6 B1.8 B852.1 M
Increasing
Slightly volatile
Cash and EquivalentsB1.8 B882.2 M
Increasing
Slightly volatile
Assets Non Current10.5 B10 B13.3 B
Decreasing
Slightly volatile
Current Assets4.2 BB3.5 B
Increasing
Slightly volatile
Total Assets17.3 B15 B17.1 B
Decreasing
Slightly volatile
Accounts Payable1.8 B1.7 B1.7 B
Decreasing
Stable
Receivables791.4 M884 M756.6 M
Increasing
Stable
Inventories1.7 BB1.5 B
Increasing
Slightly volatile

Alcoa Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense559.3 M629 M344.3 M
Increasing
Slightly volatile
Weighted Average Shares Diluted178.6 M190 M184.4 M
Increasing
Stable
Weighted Average Shares166 M167.4 M181.2 M
Decreasing
Slightly volatile
Selling General and Administrative Expense247.6 M227 M323.4 M
Decreasing
Slightly volatile
Research and Development Expense36.5 M31 M55.8 M
Decreasing
Slightly volatile
Revenues USD11.2 B12.2 B11.7 B
Decreasing
Slightly volatile
Revenues13 B12.2 B11.8 B
Decreasing
Stable
Operating Income981.8 M910 M(362.4 M)
Increasing
Slightly volatile
Operating Expenses1.7 B1.6 B2.4 B
Decreasing
Slightly volatile
Net Income to Non Controlling Interests181.4 M141 M151.2 M
Increasing
Slightly volatile
Net Income Common Stock USD462.9 M429 M(1 B)
Increasing
Slightly volatile
Net Income Common Stock462.9 M429 M(1 B)
Increasing
Slightly volatile
Net Income462.9 M429 M(1 B)
Increasing
Slightly volatile
Interest Expense187.5 M195 M224.4 M
Decreasing
Slightly volatile
Gross Profit2.9 BB2.1 B
Increasing
Slightly volatile
Earning Before Interest and Taxes USD1.4 B1.3 B(422.5 M)
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT1.4 B1.3 B(422.5 M)
Increasing
Slightly volatile
Cost of Revenue8.7 B9.2 B9.6 B
Decreasing
Slightly volatile
Consolidated Income615 M570 M(853.3 M)
Increasing
Slightly volatile
Direct Expenses10.2 B9.2 B9.7 B
Decreasing
Slightly volatile

Alcoa Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation34 M39 M32.4 M
Decreasing
Very volatile
Effect of Exchange Rate Changes on Cash (14 M)(13 M)(9.7 M)
Increasing
Stable
Net Cash Flow from Operations742.9 M920 M586.8 M
Increasing
Stable
Net Cash Flow Investment Acquisitions and Disposals(11.9 M)(11 M)(94.2 M)
Increasing
Slightly volatile
Net Cash Flow from Investing609.6 M565 M(226.5 M)
Increasing
Slightly volatile
Net Cash Flow from Financing(1.2 B)(1.2 B)(188 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities (820 M)(799 M)38.5 M
Decreasing
Stable
Issuance Purchase of Equity Shares(128.3 M)(125 M)(12.6 M)
Decreasing
Slightly volatile
Net Cash Flow Business Acquisitions and DisposalsB966 M224 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents279.5 M314 M173.1 M
Increasing
Stable
Depreciation Amortization and Accretion676.6 M664 M826.7 M
Decreasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share78.4280.30386.7963
Decreasing
Slightly volatile
Sales per Share59.4965.333355.5261
Increasing
Slightly volatile
Return on Sales0.110.103(0.0333)
Increasing
Slightly volatile
Return on Invested Capital0.110.1050.0196
Increasing
Slightly volatile
Return on Average Equity11.610.7478(4.1572)
Increasing
Slightly volatile
Return on Average Assets3.12.871(2.4493)
Increasing
Slightly volatile
Price to Sales Ratio0.820.9170.5899
Increasing
Slightly volatile
Price to Earnings Ratio27.9525.904(0.7126)
Increasing
Slightly volatile
Price to Book Value2.092.3861.2446
Increasing
Slightly volatile
Payout Ratio0.03850.03870.0423
Decreasing
Slightly volatile
Profit Margin3.813.5303(8.3239)
Increasing
Slightly volatile
Gross Margin20.9624.679117.5378
Increasing
Slightly volatile
Free Cash Flow per Share3.072.8495(1.1353)
Increasing
Slightly volatile
Enterprise Value over EBITDA6.115.9588.8991
Increasing
Stable
Enterprise Value over EBIT9.249.0107
Decreasing
Slightly volatile
Earnings per Basic Share USD2.482.3(1.0204)
Increasing
Slightly volatile
Earnings per Diluted Share2.442.26(1.1733)
Increasing
Slightly volatile
Earnings per Basic Share2.482.3(1.1635)
Increasing
Slightly volatile
EBITDA Margin17.3416.07144.8751
Increasing
Slightly volatile
Dividends per Basic Common Share0.08950.090.0984
Decreasing
Slightly volatile
Dividend Yield0.00180.00180.002
Decreasing
Slightly volatile
Debt to Equity Ratio0.330.36960.228
Increasing
Slightly volatile
Current Ratio1.381.55941.2461
Increasing
Slightly volatile
Book Value per Share25.324.9737.3478
Decreasing
Slightly volatile
Asset Turnover0.720.81330.6705
Increasing
Slightly volatile
Total Assets Per Share92.3981.613488.7552
Decreasing
Slightly volatile
Cash Flow Per Share5.394.99731.0261
Increasing
Slightly volatile
Return on Investment16.1314.94875.6111
Increasing
Slightly volatile
Operating Margin8.087.4885(2.8306)
Increasing
Slightly volatile
Calculated Tax Rate55.4957.495457.1454
Increasing
Slightly volatile
Receivables Turnover17.3616.877816.3028
Decreasing
Slightly volatile
Inventory Turnover6.425.4586.3936
Decreasing
Slightly volatile
PPandE Turnover1.481.75951.2328
Increasing
Slightly volatile
Cash and Equivalents Turnover10.927.104417.9852
Decreasing
Slightly volatile
Accounts Payable Turnover7.127.89867.0909
Decreasing
Very volatile
Accrued Expenses Turnover32.4331.239129.9452
Decreasing
Slightly volatile
Interest Coverage4.84.66673.3124
Increasing
Slightly volatile
Long Term Debt to Equity0.330.36940.2261
Increasing
Slightly volatile
Quick Ratio0.70.83470.5524
Increasing
Slightly volatile
Net Current Assets as percentage of Total Assets12.9512.04.9752
Increasing
Slightly volatile
Revenue to Assets0.720.80880.7026
Increasing
Stable

Alcoa Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital1.5 B1.8 B758.2 M
Increasing
Slightly volatile
Tangible Asset Value14.7 B15 B16.8 B
Decreasing
Slightly volatile
Market Capitalization9.7 B11.1 B6.2 B
Increasing
Slightly volatile
Invested Capital Average12 B11.9 B14 B
Decreasing
Slightly volatile
Invested Capital11.9 B11.7 B14.2 B
Decreasing
Slightly volatile
Free Cash Flow571.8 M530 M155.8 M
Increasing
Slightly volatile
Enterprise Value10.1 B11.4 B6.4 B
Increasing
Slightly volatile
Average Equity4.5 B3.9 B7.3 B
Decreasing
Slightly volatile
Earnings before Tax1.1 B1.1 B(648.7 M)
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD2.1 B1.9 B407.3 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.1 BB542.7 M
Increasing
Slightly volatile
Average Assets14.4 B14.6 B16.4 B
Decreasing
Slightly volatile
Revenue Per Employee860.4 K996.1 K765.3 K
Increasing
Slightly volatile
Net Income Per Employee37.9 K35.2 K(26.4 K)
Increasing
Slightly volatile

Alcoa Fundamental Market Drivers

Forward Price Earnings10.95
Short Percent Of Float5.52%
Average Daily Volume Last 10 Day6.94M
Shares Short Prior Month9.75M
Average Daily Volume In Three Month7.79M
Date Short Interest31st of October 2022
Fifty Day Average41.12
Two Hundred Day Average57.93

Alcoa Upcoming Events

Upcoming Quarterly Report19th of January 2022
Next Financial Report21st of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End19th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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 2022
Cost of Revenue9.2 B8.7 B
Revenues12.2 B13 B
Revenue to Assets 0.81  0.72 
Revenue Per Employee996.1 K860.4 K

Alcoa Corp Investors Sentiment

The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.

Alcoa Corp Implied Volatility

    
  61.91  
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.

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.

Moving together with Alcoa Corp

+0.85ARNCArconic Corp Buyout TrendPairCorr
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
Please continue to the analysis of Alcoa Corp Correlation against competitors. 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Alcoa Stock analysis

When running Alcoa Corp 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 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 YOY
0.81
Market Capitalization
8.5 B
Quarterly Revenue Growth YOY
(0.08) 
Return On Assets
0.0996
Return On Equity
0.0144
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 Alcoa Corp value 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.