Alcoa Corp (AA) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.78x

Alcoa Corp (AA) has a Cash Flow Reinvestment Rate of 0.78x as of September 2025, reinvesting $200.00 Million (capex $189.00 Million plus investments $-11.00 Million) from operating cash flow of $255.00 Million. See AA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.78x
(Capex + Investments) / Operating CF

Total Reinvested

$200.00 Million
Capex + Investments

Operating Cash Flow

$255.00 Million
USD

Capital Expenditures

$189.00 Million
USD

Alcoa Corp Cash Flow Reinvestment Rate (2013–2024)

Historical reinvestment intensity for Alcoa Corp across 11 annual periods. For the full cash flow conversion analysis, see AA cash flow conversion.

Annual Cash Flow Reinvestment Rate for Alcoa Corp (2013–2024)

Year-by-year capital reinvestment analysis for Alcoa Corp. See AA financial flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 1.91x $1.19 Billion $622.00 Million $580.00 Million ▼ -84.4%
2023 12.26x $1.12 Billion $91.00 Million $531.00 Million ▲ +933.9%
2022 1.19x $975.00 Million $822.00 Million $480.00 Million ▲ +172.1%
2021 0.44x $401.00 Million $920.00 Million $390.00 Million ▼ -52.9%
2020 0.93x $365.00 Million $394.00 Million $353.00 Million ▲ +29.4%
2019 0.72x $491.00 Million $686.00 Million $379.00 Million ▼ -21.0%
2018 0.91x $406.00 Million $448.00 Million $399.00 Million ▲ +75.8%
2017 0.52x $631.00 Million $1.22 Billion $405.00 Million ▼ -0.6%
2015 0.52x $454.00 Million $875.00 Million $391.00 Million ▼ -22.1%
2014 0.67x $561.00 Million $842.00 Million $444.00 Million ▼ -46.9%
2013 1.25x $567.00 Million $452.00 Million $567.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow