Friday 6 November 2026 Export AA’s income statement to Excel — free account

Alcoa

AA Basic Materials Aluminum

Alcoa’s revenue for fiscal 2025 (year ended December 2025) was $12.8 billion, up 7.87% from fiscal 2024.

Revenue: +23.7%
EPS: +108.0%
Free cash flow: +854.0%
Total debt: +87.0%

Quarter to September 2026, against a year earlier

Dividend growth 5 yrs

38.60 1.98 −4.88%

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Market cap: $10.1B
P/E: 6.6×
Fwd P/E: 6.3×
Dividend yield: 1.04%
F-score: 7/9
Altman Z: 1.75
Beneish M: −2.41
Dividend safety: 78/100

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Alcoa (AA) Debt to equity

Alert me on Debt to equity

Alcoa's debt to equity at the end of the quarter to 30 September 2026 was 0.6×, up 0.2× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.0× (fiscal 2015) to 0.5× (fiscal 2024); the current reading is higher than 82% of that period. That is above the Basic Materials sector median of 0.2×.

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<iframe src="https://stockrow.com/embed/AA/debt-to-equity" width="100%" height="360" style="border:0" loading="lazy" title="Alcoa debt to equity, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/AA/metrics/debt-to-equity">Alcoa (AA) debt to equity — stockrow.com</a></p>

Period	Debt to equity	Change
FY2025	0.4×	(19.21%)
FY2024	0.5×	59.30%
FY2023	0.3×	12.98%
FY2022	0.3×	(0.22%)
FY2021	0.3×	(44.08%)
FY2020	0.5×	60.69%
FY2019	0.3×	28.76%
FY2018	0.2×	15.01%
FY2017	0.2×	10.02%
FY2016	0.2×	862.56%

Period	Debt to equity	Change
Sep 2026	0.6×	93.71%
Jun 2026	0.3×	(15.60%)
Mar 2026	0.4×	(10.28%)
Dec 2025	0.4×	(0.55%)
40 more quarters	Free account

Against its own ten years

Low 0.0× High 0.5×

Ten-year median 0.3×

Current reading's percentile 82

Company	Debt to equity
HL Hecla Mining Company compare	0.0×
HBM HudBay Minerals Inc compare	0.2×
ALB Albemarle Corporation compare	0.2×
TX Ternium S.A. compare	0.2×
HMY Harmony Gold Mining Company Limited compare	0.2×
AA Alcoa	0.6×
SSL Sasol Ltd. compare	0.7×
SOLS Solstice Advanced Materials Inc. compare	1.3×
SUZ Suzano S.A. Sponsored ADR compare	1.9×
Basic Materials sector median	0.2×
Market median	0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

Alcoa (AA) Debt to equity

Debt to equity, annual

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Quarterly newest first

Against its own ten years

Debt to equity against peers

What Debt to equity is

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Debt to equity, annual

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Against its own ten years

Debt to equity against peers

What Debt to equity is

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