Inside the research

Alcoa Corporation

AA Research profile · latest available data

Price overview

$42.85

▲ +0.17 (+0.4%)

52w hi$83.63
52w lo$31.20
Vol3.40M
As of25 Sep 2026

The Verdict

Hold

Our score -0.18

Short-0.44
Medium-0.21
Long+0.42

computed 2026-09-27

Key fundamentals

Alcoa Corporation

Basic Materials · Aluminum

Market cap$11.31B
Enterprise value$12.25B
Trailing P/E8.91x
Forward P/E7.56x
EV / EBITDA5.30x
P / S (ttm)0.83x
Profit margin9.4%
Return on equity18.2%
Revenue growth+31.4%
Earnings growth+146.8%
Debt / equity29.92

Layer Breakdown

LayerRawContribution
Fundamental+0.47
Sector-0.02
Technical-0.32
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments: Alumina and Aluminum. It operates bauxite and other aluminous ores mining and processes bauxite into alumina for sale to aluminum smelter customers and customers who process it into industrial chemical products through supply contracts to third parties, as well as aluminum smelting and casting businesses. The company also offers aluminium powder and scrap and primary aluminum in the form of commodity grade ingot and value-add ingot to customers that produce products for transportation, building and construction, packaging, wire, and other industrial markets. In addition, it provides energy that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in May 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.

United States · www.alcoa.com

Risk Metrics

Beta vs SPX1.63
Corr SPX0.49
Annual vol53.4%
Annual ret+26.0%
Sharpe0.49
Max DD-52.4%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$75.25
High / Low$92.00 / $52.00
Median$76.00
Analysts13
Strong Buy1
Buy8
Hold3
Sell0
Strong Sell2

Recent rating actions

2026-05-07Wells Fargo→ Overweight
2026-04-09Morgan Stanley→ Overweight
2026-04-09JP Morgan→ Neutral
2026-04-09BMO Capital→ Market Perform
2026-04-07B. Riley Securities→ Buy
2026-03-16Citigroup→ Buy

Material Events

DateEvent8-K
2026-07-16Earnings Release, Exhibitsread
2026-07-02Material Agreement, Other Material Event…read
2026-07-01Reg FD Disclosure, Exhibitsread
2026-05-11Officer / Director Change, Shareholder Vote…read
2026-05-04Material Agreement, Material Obligation…read
2026-04-16Earnings Release, Exhibitsread
2026-04-14Other Material Event, Exhibitsread
2026-01-22Earnings Release, Exhibitsread
2025-11-25Other Material Event, Exhibitsread
2025-10-22Earnings Release, Exhibitsread
2025-09-30Restructuring, 2.06read
2025-07-16Earnings Release, Exhibitsread

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders9
Top-5 share95.4%
HHI2,584 (concentrated)

Top Holders

HolderValueShares
Fidelity / FMR LLC$886.18M17.00M
State Street Corp$567.07M10.88M
Citadel Advisors$329.00M6.31M
AQR Capital Management$213.08M4.09M
Millennium Management$129.95M2.49M
Capital Research / Capital World$69.96M1.34M
Renaissance Technologies$29.50M565.70K
Bridgewater Associates$3.50M67.04K
T. Rowe Price Group$68.88K1.32M

As of 2026-06-30

Dividends

Yield (TTM)0.47%
$ / share (TTM)$0.20
5y CAGR—

Annual dividend per share

2021$0.10
2022$0.40
2023$0.40
2024$0.40
2025$0.40
2026$0.10

SEC Filings

DateFormDoc
2026-07-3010-Qview
2026-07-234view
2026-07-168-Kview
2026-07-028-Kview
2026-07-018-Kview
2026-06-1111-Kview
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view
2026-05-124view

The Long Run

FY 2016–2025 · 10 years

LineLatestCAGRTrend
Revenue$12.83B+3.6%
Net income$1.16B+220.0%
Cash from ops$91.00M-27.2%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$42.52$43.18$42.25$42.853.40M
Sep 24$43.49$43.49$42.28$42.684.58M
Sep 23$44.11$44.86$43.97$44.023.28M
Sep 22$44.76$46.13$43.87$44.714.33M
Sep 21$44.36$44.90$44.28$44.643.10M

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