Alcoa Corp (AA) FinancialsAAAlcoa Corp

Alcoa Corp (AA) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Primary Aluminum, accounting for 86.9% of total sales, equivalent to $3.45B. Other significant revenue streams include Alumina and Bauxite. Understanding this composition is critical for investors evaluating how AA navigates market cycles within the Aluminum industry.

Evaluating the bottom line, Alcoa Corp maintains a gross margin of 19.06%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 16.23%, while the net margin is 13.01%. These profitability ratios, combined with a Return on Equity (ROE) of 20.95%, provide a clear picture of how effectively AA converts its operational activities into shareholder value.

In the context of the broader market, AA competes directly with industry leaders such as CENX and CSTM. With a market capitalization of $10.94B, it holds a leading position in the sector. When comparing efficiency, AA's gross margin of 19.06% stands against CENX's 30.30% and CSTM's 14.41%. Such benchmarking helps identify whether Alcoa Corp is trading at a premium or discount relative to its financial performance.

Alcoa's financial performance has shown resilience, with a gross margin of 19.06% in Q3 2026 and a net income of $483 million, reflecting strong profitability despite market challenges.