Frontierby eninvs

Language: EN · RU

← Region

Alcoa Corporation USD

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Aluminium

Geography: USA, Australia, Canada, Iceland

COMM_AA

Price chart

68.77 USDDay -0.30%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
68.77 USD · -0.30%
Market cap
18.0 bn USD

Growth

Δ revenue y/y
-5.2%
Δ EBITDA y/y
-19.0%

Multiples

P/E (LTM)
17.4x
3y avg: 88.2x
P/B (FY)
2.9x
P/E (ann.)
10.6x
EV/EBITDA (LTM)
12.5x
3y avg: 10.5x
EV/EBITDA (ann.)
7.2x

Cash return

Dividend yield
0.6%
FCF yield (LTM)
1.8%

Value creation

to fair market cap at the current EV/EBITDA
Upside (potential)
-4.3%
↓ details

Liquidity

Daily turnover (listing)
233.7 mln USD

Shares: yahoo_fundamentals_timeseries/AA

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 0 / Warn: 2 / Err: 14 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1✗Errors 1Warn 3
2023-06-30 Q2⚠Warn 3
2023-09-30 Q3⚠Warn 2
2023-12-31 FY✗Errors 1Warn 1
2023-12-31 Q4✗Errors 1Warn 1
2024-03-31 Q1✗Errors 3Warn 2
2024-06-30 Q2✗Errors 1Warn 2
2024-09-30 Q3✗Errors 1Warn 1
2024-12-31 FY✗Errors 1Warn 1
2024-12-31 Q4✗Errors 1Warn 1
2025-03-31 Q1✗Errors 5Warn 1
2025-06-30 Q2✗Errors 1Warn 1
2025-09-30 Q3✗Errors 1Warn 3
2025-12-31 FY✗Errors 1Warn 1
2025-12-31 Q4✗Errors 1Warn 1
2026-03-31 Q1✗Errors 3Warn 1
✓ All checks pass · ⚠ Has warnings (review) · ✗ Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueB USDOperating profitB USDD&AB USDEBITDAB USDNet profitB USDOperating CFB USDCapex + M&AB USDAssetsB USDEquityB USDROE (annualized)Net debtB USDSource
2026-03-31Q1 2026 (3M)OK3.2
y/y -5.2%
0.5
y/y -25.3%
0.2
y/y 9.5%
0.7
y/y -19.0%
0.4
y/y -22.4%
-0.2-0.116.6
y/y 14.2%
6.8
y/y 17.4%
26.3%1.2Link
2025-12-31Q4 2025 (3M)OK3.4
y/y -1.1%
0.1
y/y -79.9%
0.2
y/y 1.9%
0.2
y/y -53.7%
0.2
y/y 5.4%
0.5-0.216.1
y/y 14.7%
6.1
y/y 18.6%
18.6%0.9Link
2025-09-30Q3 2025 (3M)OK3.0
y/y 3.1%
0.2
y/y -9.2%
0.2
y/y 0.6%
0.3
y/y -4.7%
0.2
y/y 157.8%
0.1-0.216.0
y/y 9.8%
6.3
y/y 20.9%
5.0%1.1Link
2025-06-30Q2 2025 (3M)OK3.0
y/y 3.9%
0.2
y/y 75.0%
0.2
y/y -6.1%
0.3
y/y 23.1%
0.2
y/y 720.0%
0.5-0.115.0
y/y 4.8%
6.1
y/y 57.3%
11.0%1.1Link
2025-03-31Q1 2025 (3M)OK3.4
y/y 29.6%
0.7
y/y —
0.1
y/y -8.1%
0.8
y/y —
0.5
y/y —
0.1-0.114.6
y/y 1.7%
5.8
y/y 45.6%
40.0%1.4Link
2024-12-31Q4 2024 (3M)OK3.5
y/y 34.3%
0.3
y/y 539.0%
0.2
y/y -2.5%
0.5
y/y 477.9%
0.2
y/y 234.7%
0.4-0.214.1
y/y -0.6%
5.2
y/y 21.3%
1.2%1.5Link
2024-09-30Q3 2024 (3M)OK2.9
y/y 11.6%
0.2
y/y —
0.2
y/y -2.5%
0.3
y/y —
0.1
y/y —
0.1-0.114.5
y/y 4.5%
5.2
y/y 16.4%
2.6%1.2Link
2024-06-30Q2 2024 (3M)OK2.9
y/y 8.3%
0.1
y/y —
0.2
y/y 6.5%
0.3
y/y 372.2%
0.0
y/y —
0.3-0.214.3
y/y 1.3%
3.9
y/y -19.5%
2.0%1.1Link
2024-03-31Q1 2024 (3M)OK2.6
y/y -2.7%
-0.3
y/y —
0.2
y/y 5.2%
-0.2
y/y —
-0.3
y/y —
-0.2-0.114.3
y/y -0.3%
4.0
y/y -14.8%
-24.5%1.2Link
2023-12-31Q4 2023 (3M)OK2.6
y/y —
-0.1
y/y —
0.2
y/y —
0.1
y/y —
-0.1
y/y —
0.2-0.214.2
y/y —
4.3
y/y —
-14.9%1.0Link
2023-09-30Q3 2023 (3M)OK2.6
y/y —
-0.2
y/y —
0.2
y/y —
-0.1
y/y —
-0.2
y/y —
0.1-0.113.9
y/y —
4.5
y/y —
-4.8%0.9Link
2023-06-30Q2 2023 (3M)OK2.7
y/y —
-0.1
y/y —
0.2
y/y —
0.1
y/y —
-0.1
y/y —
0.0-0.114.1
y/y —
4.8
y/y —
-8.6%0.8Link
2023-03-31Q1 2023 (3M)OK2.7
y/y —
-0.2
y/y —
0.2
y/y —
0.0
y/y —
-0.2
y/y —
-0.2-0.114.4
y/y —
4.7
y/y —
—0.7Link
Data quality No obvious scale, balance-sheet, or cash-flow sanity issues in the displayed periods.

Production & Reserves

Physical operating metrics — supplementary, not part of the financial statements

Aluminium

Proved reserves
555.30 mln mdmt
2023
Reserve life (R/P)
19.8 yrs
reserves ÷ annual output
Annual production
28.10 mln mdmt
2025

Production, mln mdmt

12202035.80202131.50202230.60202319.60202428.102025

Proved reserves

YearReserves, mln mdmt
2023555.30
2022621.30
2021479.20

Production

YearProduction, mln mdmtper day
202528.10
+43.4%		76 986
202419.60
−35.9%		53 699
202330.60
−2.9%		83 836
202231.50
−12.0%		86 301
202135.8098 082
202012 *32 877

* partial year

EI1 ___NASDAQ_press_comm (NASDAQ / SEC filings)

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-1 00001 0002 0003 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-200%0%200%400%2023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

FCF ($ mln)

-400-20002004002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Net debt / cash ($ mln)

05001 0001 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Key-commodity price — Aluminum

Current 3 479spot vs LTM +25%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: -4.3%

Main driver: Aluminum +25% vs LTM; revenue ×1.16 vs costs ×1.04; EBITDA 1 679→2 455; at 8.7× EV/EBITDA → -4%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $vs LTM, CAD3y vs LTM
Aluminum (rev)+72%3 479.002 782.712 689.21+25%+25%-3%
Alumina FOB Australia (Platts) (rev)+28%315.76334.74373.53-6%-6%+12%
Alumina FOB Australia (Platts) (cost)-18%315.76334.74373.53-6%-6%+12%
Electricity Spot (cost)-13%57.8058.5652.39-1%-1%-11%
Aluminum (cost)-11%3 479.002 782.712 689.21+25%+25%-3%
Henry Hub Gas (cost)-2%3.153.533.09-11%-11%-12%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue12 655
LTM EBITDA1 679
LTM cash costs (revenue − EBITDA)10 976
2 · Revenue projection
Revenue multiplier — spot×1.163 (+16%)
= Spot revenue14 720
Revenue multiplier — 3y price×1.009 (+1%)
= 3-year-price revenue12 767
3 · Costs projection
Cost multiplier — spot×1.035 (+4%)
= Spot cash costs11 363
Cost multiplier — 3y price×1.022 (+2%)
= 3-year-price cash costs11 213
4 · EBITDA projection (revenue − costs)
= Spot EBITDA3 357
= 3-year-price EBITDA1 554
Conservative EBITDA = min(spot, avg)2 455
5 · Valuation → target market cap
Historical EV/projected-EBITDA (3-yr average)8.7x
Target EV = EV/EBITDA × conservative EBITDA21 456
Net debt1 197
Target market cap = EV − net debt20 315
Current market cap17 122

Upside = target market cap ÷ current − 1 = -4.3%

Life of mine: 14 yrs — before haircut +18.7%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q22 6842 753-2.5%54153-64.7%
2023 Q32 6022 572+1.2%-65-111—
2023 Q42 5952 571+0.9%103-56—
2024 Q12 5992 627-1.1%-16419-957.9%
2024 Q22 9062 948-1.4%255177+44.3%
2024 Q32 9042 731+6.3%34379+335.7%
2024 Q43 4863 074+13.4%685290+136.1%
2025 Q13 3693 485-3.3%816477+71.0%
2025 Q23 0182 973+1.5%314305+2.8%
2025 Q32 9953 169-5.5%327472-30.7%
2025 Q43 4493 259+5.8%377512-26.4%
2026 Q13 1933 514-9.1%661714-7.5%

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 4.2x · target 3-yr avg 8.7x · LTM avg 13.5x

EV/EBITDA (LTM)EV/EBITDA (projected)target avg (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-05-190.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2026-03-100.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2025-11-040.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2025-08-120.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2025-05-200.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2025-03-040.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2024-10-290.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2024-08-120.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2024-05-200.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2024-03-040.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2023-10-300.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2023-08-070.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2023-05-150.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2023-03-060.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2022-10-310.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2022-08-080.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2022-05-160.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2022-03-070.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)
2021-10-280.1 USDEx-dividend: 0.1 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)