| Market cap | $8.10B |
|---|---|
| Enterprise value | $8.44B |
| Revenue | $10.480B |
|---|---|
| EBITDA | $235.000M |
| Income | -$672.00 |
| Revenue Q/Q | -2.66% |
| Revenue Y/Y | -11.40% |
| P/E | N/A |
|---|---|
| Forward P/E | 8.28 |
| EV/Sales | 0.81 |
| EV/EBITDA | 35.93 |
| EV/EBIT | N/A |
| PEG | 0.29 |
| Price/Sales | 0.77 |
| P/FCF | N/A |
| Price/Book | 1.90 |
| Book/Share | 21.87 |
| Cash/Share | 4.86 |
| FCF yield | -6.40% |
| Volume | 2.874M / 5.152M |
|---|---|
| Relative vol. | 0.56 × |
| EPS | N/A |
|---|---|
| EPS Q/Q | -116.10% |
| Est. EPS Q/Q | -123.60% |
| Profit margin | -6.17% |
|---|---|
| Oper. margin | -5.93% |
| Gross margin | 6.99% |
| EBIT margin | -4.25% |
| EBITDA margin | 2.24% |
| Ret. on assets | -4.76% |
|---|---|
| Ret. on equity | -15.28% |
| ROIC | -2.75% |
| ROCE | -3.94% |
| Debt/Equity | 1.95 |
|---|---|
| Net debt/EBITDA | 16.00 |
| Current ratio | 1.61 |
| Quick ratio | 0.93 |
| Volatility | 3.44% |
|---|---|
| Beta | 1.96 |
| RSI | 56.61 |
|---|
| Insider ownership | 0.88% |
|---|---|
| Inst. ownership | 89.02% |
| Shares outst. | 179.560M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 5.10% |
| Short ratio | 0.91 |
| Dividend | $0.40 |
|---|---|
| Dividend yield | 0.94% |
| Payout ratio | 5.71% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 17 Jul 2024 |
Tuesday, 11 June 2024
|
|
| Alcoa Provides Update on Transaction Milestones for Acquisition of Alumina Limited | |
Thursday, 9 May 2024
|
|
| Alcoa Corporation Declares Quarterly Cash Dividend | |
Friday, 12 April 2024
|
|
| US Imposes Sanctions on Use of Russian Metals on Exchanges | |
Sunday, 31 March 2024
|
|
| 20 States with the Most Fluoridated Water in the US | |
Thursday, 21 March 2024
|
|
| Alcoa Corporation Announces Closing of Inaugural Green Bond Offering | |
Tuesday, 12 March 2024
|
|
| PRESS DIGEST-Wall Street Journal - March 12 | |
Monday, 26 February 2024
|
|
| These Stocks Are Moving the Most Today: Berkshire Hathaway, Alcoa, Intuitive Machines, Amazon, and More | |
| Alcoa Offers to Buy Australia’s Alumina for $2.2 Billion | |
Friday, 2 February 2024
|
|
| 11 Best Aluminum and Aluminum Mining Stocks To Buy | |
Tuesday, 23 January 2024
|
|
| AA Stock, Century Aluminum Jump On Russia Sanction Report | |
Wednesday, 17 January 2024
|
|
| Alcoa Corp Faces Headwinds Despite Operational Progress in Q4 and FY 2023 | |
Monday, 15 January 2024
|
|
| Is a Surprise Coming for Alcoa This Earnings Season? | |
Monday, 8 January 2024
|
|
| Alcoa announces curtailment of Kwinana Alumina Refinery in Western Australia | |
| Alcoa to Curtail Output at Australian Alumina Plant to Cut Costs | |
Thursday, 21 December 2023
|
|
| Alcoa appoints Matt Reed as EVP and Chief Operations Officer | |
Thursday, 14 December 2023
|
|
| US Miners Miss Out on US Tax Credit Granted to Processors | |
Wednesday, 13 December 2023
|
|
| Alcoa Welcomes Decisions That Support Western Australian Operations | |
Wednesday, 18 October 2023
|
|
| Alcoa Corp Reports Q3 2023 Earnings: Increased Shipments Despite Lower Prices | |
| Alcoa Corporation Reports Third Quarter 2023 Results | |
Thursday, 5 October 2023
|
|
| Ken Fisher Portfolio: 15 Biggest Small-Cap Positions | |
Monday, 25 September 2023
|
|
| Who is Alcoa's new CEO? | |
| Alcoa Names a New CEO, and Shares Drop | |
| Alcoa Stock: A Hidden Value Trap? Unpacking the Risks and Rewards | |
| Alcoa Announces Leadership Transition | |
Thursday, 21 September 2023
|
|
| 10 Best Aluminum and Aluminum Mining Stocks To Buy | |
Saturday, 16 September 2023
|
|
| Long-Term Returns of Paul Singer’s Activist Targets | |
Thursday, 31 August 2023
|
|
| Alcoa’s Executive Vice President and Chief Financial Officer to Participate in Morgan Stanley 11th Annual Laguna Conference | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Tammi A Jones EVP and CHRO | Sale 13 Mar 2024 | $858,729 |
| Roy Christopher Harvey President, CEO, and Director | Sale 8 Feb 2023 | $1,540,200 |
| Renato Bacchi EVP and Chief Commercial Officer | Sale 1 Feb 2023 | $535,000 |
| Harden Sonya Elam EVP and Chief Ext. Aff. Officer | Sale 31 Jan 2023 | $234,141 |
| William F Oplinger President, CEO, and Director | Sale 27 Jan 2023 | $7,130,910 |
| Jeffrey D. Heeter EVP and Gen. Counsel | Sale 27 Jan 2023 | $2,055,057 |
| Tammi A Jones EVP and CHRO | Sale 25 Jan 2023 | $57,057 |
| Jeffrey D. Heeter EVP and Gen. Counsel | Sale 25 Jan 2023 | $865,903 |
| John D Slaven EVP and Chief Operations Officer | Sale 22 Feb 2022 | $2,133,798 |
| Harden Sonya Elam EVP and Chief Ext. Aff. Officer | Sale 18 Feb 2022 | $102,976 |
| John D Slaven EVP and Chief Operations Officer | Option 4 Feb 2022 | $358,687 |
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Price target
Current $42.38
Average $14.93
Low $11
High $22
Dividends
| Ex-dividend date | N/A | Frequency | Irregular | Annual dividend | +0.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.94% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 1.00% | Growth 3 years | N/A | |
| Last dividend | Yield 5 years | 0.63% | Growth 5 years | N/A |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Roy C. Harvey (46) Pres, CEO, and Director | 46 | $2,745,044 | |
| John D. Slaven (59) Exec. VP and COO | 59 | $1,855,278 | |
| William F. Oplinger (54) Exec. VP and CFO | 54 | $1,376,540 | |
| Timothy D. Reyes (54) Exec. VP and Chief Commercial Officer | 54 | $1,081,920 | |
| Jeffrey D. Heeter (55) Exec. VP and Gen. Counsel | 55 | $931,149 | |
| Renato De C.A. Bacchi (44) Exec. VP and Chief Strategy Officer | 44 | ||
| Heather Hudak | |||
| Benjamin D. Kahrs (44) Exec. VP and Chief Innovation Officer | 44 | ||
| Tammi A. Jones (41) Exec. VP and Chief HR Officer | 41 | ||
| Catherine Garfinkel | |||
| James Dwyer |
alcoa (nyse: aa) is a global industry leader in bauxite, alumina and aluminum products, with a strong portfolio of value-added cast and rolled products and substantial energy assets. alcoa is built on a foundation of strong values and operating excellence dating back nearly 130 years to the world-changing discovery that made aluminum an affordable and vital part of modern life. since inventing the aluminum industry, and throughout our history, our talented alcoans have followed on with breakthrough innovations and best practices that have led to efficiency, safety, sustainability and stronger communities wherever we operate.
- Materials > Aluminum
- Alcoa Corp, 201 Isabella Street, Pittsburgh 15212-5858, United States
- 412-315-2900
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Irregular | Annual dividend | +0.00% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 0.94% | Growth period | 2 years |
| Last dividend date | Yield 3 years | 1.00% | Growth 3 years | N/A | |
| Last dividend | Yield 5 years | 0.63% | Growth 5 years | N/A |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $1,358 | $944 | |||
| Short term investments | |||||
| Net receivables | $1,001 | $808 | |||
| Inventory | $2,048 | $2,158 | |||
| Total current assets | $4,881 | $4,405 | |||
| Long term investments | $969 | $979 | |||
| Property, plant & equipment | $6,577 | $6,785 | |||
| Goodwill & intangible assets | |||||
| Total noncurrent assets | $9,447 | $9,750 | |||
| Total investments | $969 | $979 | |||
| Total assets | $14,328 | $14,155 | |||
| Current liabilities | |||||
| Accounts payable | $1,586 | $1,714 | |||
| Deferred revenue | |||||
| Short long term debt | $79 | $79 | |||
| Total current liabilities | $3,041 | $3,030 | |||
| Long term debt | $2,469 | $1,732 | |||
| Total noncurrent liabilities | $5,753 | $5,280 | |||
| Total debt | $2,548 | $1,811 | |||
| Total liabilities | $8,794 | $8,310 | |||
| Stockholders' equity | |||||
| Retained earnings | -$1,564 | -$1,293 | |||
| Other stockholder equity | -$3,628 | -$3,645 | |||
| Total stockholder equity | $3,994 | $4,251 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $944 | $1,363 | ||
| Short term investments | ||||
| Net receivables | $808 | $909 | ||
| Inventory | $2,158 | $2,427 | ||
| Total current assets | $4,405 | $5,250 | ||
| Long term investments | $979 | $1,122 | ||
| Property, plant & equipment | $6,785 | $6,493 | ||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $9,750 | $9,506 | ||
| Total investments | $979 | $1,122 | ||
| Total assets | $14,155 | $14,756 | ||
| Current liabilities | ||||
| Accounts payable | $1,714 | $1,757 | ||
| Deferred revenue | ||||
| Short long term debt | $79 | $1 | ||
| Total current liabilities | $3,030 | $3,004 | ||
| Long term debt | $1,732 | $1,806 | ||
| Total noncurrent liabilities | $5,280 | $5,163 | ||
| Total debt | $1,811 | $1,807 | ||
| Total liabilities | $8,310 | $8,167 | ||
| Stockholders' equity | ||||
| Retained earnings | -$1,293 | -$570 | ||
| Other stockholder equity | -$3,645 | -$3,539 | ||
| Total stockholder equity | $4,251 | $5,076 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $2,599 | $2,595 | |||
| Cost of revenue | $2,404 | $2,425 | |||
| Gross profit | $195 | $170 | |||
| Operating activities | |||||
| Research & development | $11 | $14 | |||
| Selling, general & administrative | $60 | $64 | |||
| Total operating expenses | $493 | $219 | |||
| Operating income | -$298 | -$49 | |||
| Income from continuing operations | |||||
| EBIT | -$243 | $28 | |||
| Income tax expense | -$18 | $150 | |||
| Interest expense | $27 | $28 | |||
| Net income | |||||
| Net income | -$252 | -$150 | |||
| Income (for common shares) | -$252 | -$150 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $10,551 | $12,451 | ||
| Cost of revenue | $9,813 | $10,212 | ||
| Gross profit | $738 | $2,239 | ||
| Operating activities | ||||
| Research & development | $39 | $32 | ||
| Selling, general & administrative | $226 | $204 | ||
| Total operating expenses | $1,215 | $1,431 | ||
| Operating income | -$477 | $808 | ||
| Income from continuing operations | ||||
| EBIT | -$355 | $647 | ||
| Income tax expense | $189 | $664 | ||
| Interest expense | $107 | $106 | ||
| Net income | ||||
| Net income | -$651 | -$123 | ||
| Income (for common shares) | -$651 | -$123 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | -$252 | -$150 | |||
| Operating activities | |||||
| Depreciation | $161 | $163 | |||
| Business acquisitions & disposals | $4 | ||||
| Stock-based compensation | $10 | $8 | |||
| Total cash flows from operations | -$223 | $198 | |||
| Investing activities | |||||
| Capital expenditures | -$100 | -$190 | |||
| Investments | -$17 | -$19 | |||
| Total cash flows from investing | -$117 | -$197 | |||
| Financing activities | |||||
| Dividends paid | -$19 | -$18 | |||
| Sale and purchase of stock | |||||
| Net borrowings | $744 | $14 | |||
| Total cash flows from financing | $754 | $6 | |||
| Effect of exchange rate | -$6 | $10 | |||
| Change in cash and equivalents | $408 | $17 | |||
| (in millions USD) | 2023 | 2022 | ||
|---|---|---|---|---|
| Net income | -$651 | -$123 | ||
| Operating activities | ||||
| Depreciation | $632 | $617 | ||
| Business acquisitions & disposals | $4 | $5 | ||
| Stock-based compensation | $35 | $40 | ||
| Total cash flows from operations | $91 | $822 | ||
| Investing activities | ||||
| Capital expenditures | -$531 | -$480 | ||
| Investments | -$70 | -$22 | ||
| Total cash flows from investing | -$585 | -$495 | ||
| Financing activities | ||||
| Dividends paid | -$72 | -$72 | ||
| Sale and purchase of stock | $1 | -$478 | ||
| Net borrowings | $55 | $3 | ||
| Total cash flows from financing | $57 | -$768 | ||
| Effect of exchange rate | $10 | -$9 | ||
| Change in cash and equivalents | -$427 | -$450 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q2 | Douglas Lane & Associates |
+3.18%
|
1,394,738 | $55,482,687 |
| 2024 Q2 | Confluence Investment Management |
+9.87%
|
11,428 | $454,606 |
| 2024 Q2 | Massmutual Trust Co Fsb/adv |
+32.84%
|
449 | $17,861 |
| 2024 Q1 | Dimensional Fund Advisors L.P. |
+45.49%
|
6,274,176 | $212,004,408 |
| 2024 Q1 | Slate Path Capital L.P. |
+60.21%
|
3,940,541 | $133,150,880 |
| 2024 Q1 | Jpmorgan Chase & Co |
-42.62%
|
1,374,176 | $46,433,408 |
| 2024 Q1 | Amundi |
-63.50%
|
573,830 | $20,353,750 |
| 2024 Q1 | Arga Investment Management, L.P. |
+202.16%
|
1,491,544 | $50,399,272 |
| 2024 Q1 | Two Sigma Investments, L.P. |
-23.28%
|
2,781,408 | $93,983,776 |
| 2024 Q1 | Voya Investment Management |
+99.01%
|
1,616,458 | $54,620,116 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Blackrock | 12.41% | 22,280,127 | |
| Vanguard Group Inc | 10.02% | 17,987,945 | |
| Morgan Stanley | 5.18% | 9,305,170 | |
| State Street Corp | 4.50% | 8,079,366 | |
| Dimensional Fund Advisors L.P. | 3.49% | 6,274,176 | |
| Slate Path Capital L.P. | 2.19% | 3,940,541 | |
| Bank Of New York Mellon Corp | 1.66% | 2,976,966 | |
| Two Sigma Advisers, L.P. | 1.55% | 2,788,345 | |
| Two Sigma Investments, L.P. | 1.55% | 2,781,408 | |
| Geode Capital Management | 1.53% | 2,750,529 |
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