Alcoa Corp (AA) — Free Cash Flow Generation Index

Latest as of September 2025: 0.26x

Alcoa Corp (AA) has a Free Cash Flow Generation Index of 0.26x as of September 2025. Free cash flow of $66.00 Million represents 0% of operating cash flow ($255.00 Million). Read Alcoa Corp balance sheet liabilities for a breakdown of total debt and financial obligations.

FCF Generation Index

0.26x
Free Cash Flow / Operating CF

Free Cash Flow

$66.00 Million
USD

Operating Cash Flow

$255.00 Million
USD

Capital Expenditures

$189.00 Million
USD

Alcoa Corp Free Cash Flow Generation Index (2013–2024)

Historical FCF Generation Index trend for Alcoa Corp across 11 annual periods. Explore Alcoa Corp (AA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for Alcoa Corp (2013–2024)

Year-by-year Free Cash Flow Generation Index for Alcoa Corp. For the full company profile including market capitalisation, see how much is Alcoa Corp worth.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.07x $42.00 Million $622.00 Million $580.00 Million ▲ +101.4%
2023 -4.84x $-440.00 Million $91.00 Million $531.00 Million ▼ -1262.1%
2022 0.42x $342.00 Million $822.00 Million $480.00 Million ▼ -27.8%
2021 0.58x $530.00 Million $920.00 Million $390.00 Million ▲ +453.6%
2020 0.10x $41.00 Million $394.00 Million $353.00 Million ▼ -76.7%
2019 0.45x $307.00 Million $686.00 Million $379.00 Million ▲ +309.2%
2018 0.11x $49.00 Million $448.00 Million $399.00 Million ▼ -83.7%
2017 0.67x $819.00 Million $1.22 Billion $405.00 Million ▲ +21.0%
2015 0.55x $484.00 Million $875.00 Million $391.00 Million ▲ +17.0%
2014 0.47x $398.00 Million $842.00 Million $444.00 Million ▲ +285.8%
2013 -0.25x $-115.00 Million $452.00 Million $567.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).