Alcoa Corp
Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments, Alumina and Aluminum. It operates bauxite and other aluminous ores mining; and processes bauxite into alumina … Read more
Alcoa Corp (AA) - Net Assets
Latest net assets as of September 2025: $6.43 Billion USD
Based on the latest financial reports, Alcoa Corp (AA) has net assets worth $6.43 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.97 Billion) and total liabilities ($9.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $6.43 Billion |
| % of Total Assets | 40.27% |
| Annual Growth Rate | -8.88% |
| 5-Year Change | 2.81% |
| 10-Year Change | -55.21% |
| Growth Volatility | 16.11 |
Alcoa Corp - Net Assets Trend (2014–2024)
This chart illustrates how Alcoa Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Alcoa Corp (2014–2024)
The table below shows the annual net assets of Alcoa Corp from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $5.16 Billion | -11.77% |
| 2023-12-31 | $5.84 Billion | -11.29% |
| 2022-12-31 | $6.59 Billion | +4.85% |
| 2021-12-31 | $6.28 Billion | +25.28% |
| 2020-12-31 | $5.02 Billion | -14.78% |
| 2019-12-31 | $5.89 Billion | -22.43% |
| 2018-12-31 | $7.59 Billion | +11.62% |
| 2017-12-31 | $6.80 Billion | -11.68% |
| 2016-12-31 | $7.70 Billion | -33.15% |
| 2015-12-31 | $11.51 Billion | -11.93% |
| 2014-12-31 | $13.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alcoa Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 132300000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.00 Million | 0.06% |
| Other Comprehensive Income | $-5.11 Billion | -99.09% |
| Other Components | $11.59 Billion | 224.68% |
| Total Equity | $5.16 Billion | 100.00% |
Alcoa Corp Competitors by Market Cap
The table below lists competitors of Alcoa Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jazz Pharmaceuticals PLC
NASDAQ:JAZZ
|
$10.77 Billion |
|
Axa Equitable Holdings Inc
NYSE:EQH
|
$10.78 Billion |
|
ageas SA/NV
PINK:AGESF
|
$10.79 Billion |
|
Tsingtao Brewery Co Ltd
PINK:TSGTY
|
$10.79 Billion |
|
Stanley Black & Decker Inc
NYSE:SWK
|
$10.76 Billion |
|
Gartner Inc
NYSE:IT
|
$10.74 Billion |
|
Antero Resources Corp
NYSE:AR
|
$10.72 Billion |
|
Gildan Activewear Inc.
NYSE:GIL
|
$10.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alcoa Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,251,000,000 to 5,157,000,000, a change of 906,000,000 (21.3%).
- Net income of 60,000,000 contributed positively to equity growth.
- Dividend payments of 90,000,000 reduced retained earnings.
- Share repurchases of 15,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,465,000,000.
- Other factors increased equity by 2,416,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.00 Million | +1.16% |
| Dividends Paid | $90.00 Million | -1.75% |
| Share Repurchases | $15.00 Million | -0.29% |
| Other Comprehensive Income | $-1.47 Billion | -28.41% |
| Other Changes | $2.42 Billion | +46.85% |
| Total Change | $- | 21.31% |
Book Value vs Market Value Analysis
This analysis compares Alcoa Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.11x to 2.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $58.11 | $64.23 | x |
| 2015-12-31 | $51.77 | $64.23 | x |
| 2016-12-31 | $30.97 | $64.23 | x |
| 2017-12-31 | $24.19 | $64.23 | x |
| 2018-12-31 | $29.80 | $64.23 | x |
| 2019-12-31 | $22.23 | $64.23 | x |
| 2020-12-31 | $17.80 | $64.23 | x |
| 2021-12-31 | $24.59 | $64.23 | x |
| 2022-12-31 | $28.04 | $64.23 | x |
| 2023-12-31 | $23.88 | $64.23 | x |
| 2024-12-31 | $24.09 | $64.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alcoa Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.73x
- Recent ROE (1.16%) is above the historical average (-4.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.53% | 1.12% | 1.28x | 1.76x | $-791.90 Million |
| 2015 | -9.14% | -7.69% | 0.68x | 1.74x | $-1.81 Billion |
| 2016 | -7.07% | -4.29% | 0.56x | 2.96x | $-965.40 Million |
| 2017 | 4.80% | 1.84% | 0.68x | 3.86x | $-235.30 Million |
| 2018 | 4.45% | 1.85% | 0.84x | 2.87x | $-311.80 Million |
| 2019 | -27.36% | -10.72% | 0.72x | 3.56x | $-1.54 Billion |
| 2020 | -5.13% | -1.81% | 0.63x | 4.49x | $-501.10 Million |
| 2021 | 9.18% | 3.45% | 0.83x | 3.22x | $-38.20 Million |
| 2022 | -2.42% | -0.96% | 0.86x | 2.91x | $-630.60 Million |
| 2023 | -15.31% | -6.08% | 0.76x | 3.33x | $-1.08 Billion |
| 2024 | 1.16% | 0.49% | 0.87x | 2.73x | $-455.70 Million |
Industry Comparison
This section compares Alcoa Corp's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $19,001,740,499
- Average return on equity (ROE) among peers: -13.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alcoa Corp (AA) | $6.43 Billion | 2.53% | 1.48x | $10.77 Billion |
| Aerofoam Metals Inc (AFML) | $-360.00K | 0.00% | 0.00x | $0.99 |
| Aluminum Corporation of China Limited (ALMMF) | $58.15 Billion | 0.41% | 1.70x | $7.01 Billion |
| Century Aluminum Company (CENX) | $344.10 Million | -12.53% | 4.37x | $3.12 Billion |
| China Hongqiao Group Limited (CHHQY) | $36.24 Billion | 10.07% | 1.94x | $44.45 Billion |
| Constellium Nv (CSTM) | $802.57 Million | 38.38% | 5.57x | $2.93 Billion |
| Orbite Technologies Inc (EORBF) | $79.06 Million | 0.00% | 0.08x | $135.68K |
| Kaiser Aluminum Corporation (KALU) | $133.50 Million | -80.00% | 19.21x | $1.82 Billion |
| Mansfelder Metals Ltd (MNSF) | $1.17 Million | -79.28% | 1.62x | $0.94 |
| Norsk Hydro ASA (NHYKF) | $75.26 Billion | -1.22% | 0.55x | $5.63 Billion |