Alcoa Corp (AA) — Financial Flexibility Index
Alcoa Corp (AA) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $444.00 Million (operating CF $255.00 Million minus capex $189.00 Million) represents 0% of total liabilities ($9.54 Billion). Check asset allocation strategy of Alcoa Corp to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Alcoa Corp Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for Alcoa Corp across 11 annual periods. See working capital position of Alcoa Corp to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Alcoa Corp (2014–2024)
Year-by-year free cash flow to debt coverage for Alcoa Corp. For the full company profile including market capitalisation, see AA market cap overview.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.13x | $1.20 Billion | $622.00 Million | $8.91 Billion | ▲ +80.3% |
| 2023 | 0.07x | $622.00 Million | $91.00 Million | $8.31 Billion | ▼ -53.0% |
| 2022 | 0.16x | $1.30 Billion | $822.00 Million | $8.17 Billion | ▲ +6.4% |
| 2021 | 0.15x | $1.31 Billion | $920.00 Million | $8.74 Billion | ▲ +97.5% |
| 2020 | 0.08x | $747.00 Million | $394.00 Million | $9.84 Billion | ▼ -37.7% |
| 2019 | 0.12x | $1.06 Billion | $686.00 Million | $8.74 Billion | ▲ +22.8% |
| 2018 | 0.10x | $847.00 Million | $448.00 Million | $8.54 Billion | ▼ -35.2% |
| 2017 | 0.15x | $1.63 Billion | $1.22 Billion | $10.65 Billion | ▲ +1387.6% |
| 2016 | 0.01x | $93.00 Million | $-311.00 Million | $9.04 Billion | ▼ -96.0% |
| 2015 | 0.26x | $1.27 Billion | $875.00 Million | $4.90 Billion | ▲ +12.6% |
| 2014 | 0.23x | $1.29 Billion | $842.00 Million | $5.61 Billion | — |