Stock Analysis
Alcoa CorporationAA
P/E 8.57×· 5Y range 8.28–140.84×· bottom 0% of history
Sector: Industrials · Industry: Primary Production Of Aluminum
AnalystsStrong Buy22 analystsP/E 8.6× sits at the 0th percentile of its 5.089664613278576-year history.
Cash covers 61% of debt · Q2 2026.
PMP Verdict
Mixed fundamentals, cheap valuation
Strengths
- Financial Health73
- Quality70
Mixed business trading cheap — priced for skepticism.
Market context
+2.5% today· Z 1.9σ· RVOL 3.0×· Alcoa surged 5.94% on strong Q3 earnings, high commodity prices, and CEO plans to monetize the Massena East asset.
Bull Case
- ✓Piotroski F-Score 7/9 — high earnings quality
- ✓ROE 17.2% — efficient capital deployment
- ✓Interest coverage 16.5× — debt well covered
- ✓P/E 8.6× at bottom 0% of 5-year history
Why is AA moving?
EarningsAlcoa surged 5.94% on strong Q3 earnings, high commodity prices, and CEO plans to monetize the Massena East asset.
Profile
Strong valuation; moat lags behind.
How is each axis scored?
- Valuation87/100 · Strong
- P/E vs own history (0th pct)25/25
- FCF yield (3.2%)12/25
- P/S (0.8x)25/25
- EV/EBIT (8.4x)25/25
- Growth63/100 · Moderate
- Revenue CAGR (1.4%)6/25
- Net income CAGR (28.2%)25/25
- EPS CAGR 5Y (14.5%)20/25
- Fwd implied growth (8.6%)12/25
- Profitability57/100 · Moderate
- ROIC (13.4%)12/25
- ROE (17.2%)20/25
- Net margin (9.4%)13/25
- Operating margin (10.4%)12/25
- Financial Health73/100 · Moderate
- Altman Z (1.57)10/25
- Current ratio (1.53)18/25
- Interest coverage (16.5x)25/25
- Net cash / debt (D/A 5%)20/25
- Quality70/100 · Moderate
- Piotroski F (7/9)22/25
- Beneish M (-2.31)20/25
- FCF conversion (28%)8/25
- Margin stability (σ 7.4%)20/25
- Moat37/100 · Weak
- ROIC >12% years (5/10 yrs)13/25
- Median gross margin (18.2%)6/25
- FCF-positive years (8/10 yrs)18/25
- Worst-year net margin (worst -10.8%)0/25
Risk Flags
- ⚠Altman Z 1.6 — distress-zone balance sheet
- ⚠5 loss-making years in recent history
About Alcoa Corporation
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. Show more
It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
Headquarters: PITTSBURGH, PA · Employees: 14,900 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
87AP/E (TTM)8.6xA
Grade A: CheapPrice / TTM EPS (own statements) — vs own 5Y history: 8.3x–140.8x · lowest in history
P/FCF14.8xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
FCF Yield3.2%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -8.6%–5.8% · 83rd pct · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
P/S (TTM)0.80xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.5x–2.6x · 31st pct
EV/EBIT8.4xA
Grade A: CheapEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 6.6x–100.0x · 8th pct
EV/Sales0.8xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E7.9xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio1.47xA
Grade A: FairPrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.36A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield0.99%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio8.2%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Elevated investment: Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
Profitability
57CROIC13.4%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE17.2%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA7.8%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin9.4%C
Grade C: AverageNet Income / Revenue
Operating Margin10.4%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin19.8%D
Grade D: LowGross Profit / Revenue
FCF Margin2.6%D
Grade D: LowFCF / Revenue · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
True FCF Margin2.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
Growth
63BRevenue CAGR1.4%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR28.2%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)14.5%C
Grade C: OkCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth8.6%B
Grade B: LowAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+39.6%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income3.8%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.4%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
73B+Altman Z-Score1.57D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.53xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.84xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage16.5xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.5yA
Grade A: FastYears to repay net debt via FCF · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
Net Debt/EBIT0.6xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.30xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.61xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
70B+Piotroski F-Score7/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.31A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion27.6%D
Grade D: PoorFCF / Net Income · Elevated investment — CapEx = 67% of operating cash flow, weighing on reported FCF
Margin Stability7.4%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue5.1%C
Grade C: AverageTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.83xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Hastings Andrew Filed | Hastings Andrew | Tax withholding | -1200 | |
Hastings Andrew Filed | Hastings Andrew | Grant / award | +2.6K | |
Hastings Andrew Filed | Hastings Andrew | Tax withholding | -2525 | |
Bacchi Renato Filed | Bacchi Renato | SellOpen market sale | -700 | |
Jones Tammi A Filed | Jones Tammi A | SellOpen market sale | -15628 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Hastings Andrew Filed | Hastings Andrew | SellOpen market sale | -6000 | |
Reed Matthew T Filed | Reed Matthew T | SellOpen market sale | -4600 | |
Roberts Jackson Prince Filed | Roberts Jackson Prince | Grant / award | +2.5K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
37DROIC >12% Years5/10 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)18.2%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-10.8%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$4.84
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$5.14
Cash & short-term investments per share (Finnhub)
Book Value / Share$28.01
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$2.23B
Total debt obligations (short + long term)
Cash & Equiv.$1.35B
Cash and short-term investments
Net Debt$873.00M
Total Debt minus Cash. Negative = Net Cash position
Total Equity$7.44B
Shareholders' equity (book value)
Asset / Liability1.79xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$10.93B
Current Market Capitalization
Beta1.85D
Grade D: High volatilityPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: Alcoa Corporation (AA)
AA is up 2.55% at the last close — Alcoa surged 5.94% on strong Q3 earnings, high commodity prices, and CEO plans to monetize the Massena East asset.. Alcoa Corporation meets 7 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 1.57 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -2.31 suggests a low likelihood of earnings manipulation.
- Takes ~2.5 years to repay net debt from free cash flow.
- Alcoa Corporation posted a net loss in 5 of 10 available completed fiscal years (2016–2025).
- At a valuation score of 87/100, AA trades near the cheapest end of its own historical range (P/E 8.6).
See how AA ranks on the Capex Tracker — top 50 capital spenders compared.
Earnings
View earnings calendar →Recent Earnings Results
| Date | Time | EPS Est. | EPS Actual | Surprise | Rev Est. | Rev Actual |
|---|---|---|---|---|---|---|
| Oct 15, 2026 | After-Hrs | $1.50 | — | — | $3.9B | — |
Recent Market Moves
See all AA moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 16 | Regular | 41.50 | +2.67% | 2.06 |
| Oct 5 | Regular | 43.84 | +4.51% | 2.61 |
| Oct 5 | After-hours | 43.68 | +4.12% | 2.43 |
| Sep 18 | Regular | 44.42 | -5.43% | -2.07 |
Frequently Asked Questions about AA
What is the current Alcoa Corporation (AA) stock price?
AA is trading at $41.45 at the last market close, up 2.55% on the session. PreMarketPrice tracks AA pre-market, intraday and after-hours prices.
Is AA stock a buy right now?
PreMarketPrice's quantitative model rates Alcoa Corporation's financial health at 73/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is AA stock overvalued?
Alcoa Corporation trades at a trailing P/E of 8.6 and our valuation score rates it 87/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Alcoa Corporation report earnings?
No confirmed earnings date is currently scheduled for AA. The Earnings section lists recent reports and updates as dates are announced.
What sector does Alcoa Corporation operate in?
Alcoa Corporation operates in the Industrials sector, within the Primary Production Of Aluminum industry. The Related Stocks section lists sector peers for comparison.
What does Alcoa Corporation do?
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum.
About Alcoa Corporation (AA) Stock
Alcoa Corporation (AA) is a US-listed stock operating in the Industrials sector, specifically the Primary Production Of Aluminum industry. As of the latest update, Alcoa Corporation is trading at $41.45, up 2.55% on the day with a market capitalization of $10.9 billion. The financial health score for AA is 73/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for AA stock.
AA Stock Analysis & Key Metrics
On PreMarketPrice, you can track Alcoa Corporation (AA) across multiple dimensions:
- Pre-market price & movement: Real-time AA stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Earnings calendar: Upcoming and past earnings reports for AA, including EPS estimates, actual results, and surprise percentages.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for AA with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Alcoa Corporation across multiple reporting periods.
- Financial health score: A composite score of 73/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for AA.
- Sector peers: Compare AA against 3 other industrials stocks on key financial metrics.
Is AA a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Alcoa Corporation (AA) as an investment. The financial health score of 73/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average. Earnings data reveals whether the company is meeting or beating analyst expectations.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Alcoa Corporation (AA) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.