Alcoa Corp Net Assets
Alcoa Corp net assets. 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. See how leveraged is Alcoa Corp's balance sheet to measure how much of total assets are equity-financed.
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 |
Net Assets of Alcoa Corp (2014–2024)
Net assets of Alcoa Corp from 2014 to 2024. This chart illustrates how Alcoa Corp's net assets have evolved over time, based on quarterly financial data. Also explore AA year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Net Assets for Alcoa Corp (2014–2024)
The table below shows the annual net assets of Alcoa Corp from 2014 to 2024. For live market cap and overall valuation, see AA stock market capitalisation.
| 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.
Alcoa Corp Net Assets Breakdown (December 2024)
Alcoa Corp net assets breakdown by equity component as of 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 |
|---|---|
|
Anglo American Platinum Ltd
JSE:AMS
|
$10.35 Billion |
|
Grupo Aeroportuario del Pacífico S.A.B. de C.V
MX:GAPB
|
$10.35 Billion |
|
Arrow Electronics Inc
NYSE:ARW
|
$10.36 Billion |
|
Walgreens Boots Alliance Inc
NASDAQ:WBA
|
$10.37 Billion |
|
Merchant Express Class A
SHE:001965
|
$10.33 Billion |
|
Fresenius Medical Care AG & Co. KGaA
XETRA:FME
|
$10.32 Billion |
|
Domino's Pizza Inc Common Stock
NASDAQ:DPZ
|
$10.32 Billion |
|
Unisplendour Corp Ltd
SHE:000938
|
$10.32 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: 1.66x
- 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 0.69x to 1.66x 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 | $39.93 | x |
| 2015-12-31 | $51.77 | $39.93 | x |
| 2016-12-31 | $30.97 | $39.93 | x |
| 2017-12-31 | $24.19 | $39.93 | x |
| 2018-12-31 | $29.80 | $39.93 | x |
| 2019-12-31 | $22.23 | $39.93 | x |
| 2020-12-31 | $17.80 | $39.93 | x |
| 2021-12-31 | $24.59 | $39.93 | x |
| 2022-12-31 | $28.04 | $39.93 | x |
| 2023-12-31 | $23.88 | $39.93 | x |
| 2024-12-31 | $24.09 | $39.93 | 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: $615,466,667
- Average return on equity (ROE) among peers: 5.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alcoa Corp (AA) | $6.43 Billion | 2.53% | 1.48x | $10.34 Billion |
| Century Aluminum Company (CENX) | $940.60 Million | 4.44% | 1.42x | $3.30 Billion |
| Constellium Nv (CSTM) | $-37.00 Million | 0.00% | 0.00x | $3.33 Billion |
| Kaiser Aluminum Corporation (KALU) | $942.80 Million | 10.71% | 0.24x | $1.90 Billion |
About 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