Alcoa Corp - Understand $aa stock

$AA Market Cap: $11.85 Billion

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Financial Snapshot

Revenue

$11.00B

TTM

Gross Margin

11.12%

TTM

Net Earnings

-$292.0M

TTM

Current Assets

$4.866B

Q3 2024

Current Liabilities

$3.459B

Q3 2024

Current Ratio

140.68%

Q3 2024

Total Assets

$14.54B

Q3 2024

Total Liabilities

$9.292B

Q3 2024

Book Value

$5.250B

Q3 2024

Cash

$1.313B

Q3 2024

P/E

-40.58

Nov 29, 2024 EST

Free Cash Flow

-$194.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$10.55B	$12.45B	$12.15B	$9.286B	$10.43B	$13.40B	$11.65B	$9.318B	$11.20B	$13.15B	$12.57B
YoY Change	-15.26%	2.46%	30.86%	-10.99%	-22.16%	15.03%	25.05%	-16.8%	-14.82%	4.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$10.55B	$12.45B	$12.15B	$9.286B	$10.43B	$13.40B	$11.65B	$9.318B	$11.20B	$13.15B	$12.57B
Cost Of Revenue	$9.813B	$10.21B	$9.153B	$7.969B	$8.537B	$10.08B	$8.991B	$7.877B	$9.039B	$10.55B	$11.04B
Gross Profit	$738.0M	$2.239B	$2.999B	$1.317B	$1.896B	$3.322B	$2.661B	$1.441B	$2.160B	$2.599B	$1.533B
Gross Profit Margin	6.99%	17.98%	24.68%	14.18%	18.17%	24.79%	22.84%	15.46%	19.29%	19.77%	12.19%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$226.0M	$204.0M	$227.0M	$206.0M	$280.0M	$248.0M	$280.0M	$356.0M	$353.0M	$383.0M	$406.0M
YoY Change	10.78%	-10.13%	10.19%	-26.43%	12.9%	-11.43%	-21.35%	0.85%	-7.83%	-5.67%
% of Gross Profit	30.62%	9.11%	7.57%	15.64%	14.77%	7.47%	10.52%	24.71%	16.34%	14.74%	26.48%
Research & Development	$39.00M	$32.00M	$31.00M	$27.00M	$27.00M	$31.00M	$32.00M	$33.00M	$69.00M	$95.00M	$86.00M
YoY Change	21.88%	3.23%	14.81%	0.0%	-12.9%	-3.13%	-3.03%	-52.17%	-27.37%	10.47%
% of Gross Profit	5.28%	1.43%	1.03%	2.05%	1.42%	0.93%	1.2%	2.29%	3.19%	3.66%	5.61%
Depreciation & Amortization	$632.0M	$617.0M	$664.0M	$653.0M	$713.0M	$733.0M	$750.0M	$718.0M	$780.0M	$954.0M	$1.026B
YoY Change	2.43%	-7.08%	1.68%	-8.42%	-2.73%	-2.27%	4.46%	-7.95%	-18.24%	-7.02%
% of Gross Profit	85.64%	27.56%	22.14%	49.58%	37.61%	22.07%	28.18%	49.83%	36.11%	36.71%	66.93%
Operating Expenses	$897.0M	$853.0M	$258.0M	$233.0M	$307.0M	$279.0M	$312.0M	$389.0M	$422.0M	$478.0M	$1.518B
YoY Change	5.16%	230.62%	10.73%	-24.1%	10.04%	-10.58%	-19.79%	-7.82%	-11.72%	-68.51%
Operating Profit	-$159.0M	$1.386B	$2.741B	$1.084B	$1.589B	$3.043B	$2.349B	$1.052B	$1.738B	$2.121B	$15.00M
YoY Change	-111.47%	-49.43%	152.86%	-31.78%	-47.78%	29.54%	123.29%	-39.47%	-18.06%	14040.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	-$107.0M	-$106.0M	$195.0M	$146.0M	$121.0M	$122.0M	$104.0M	$243.0M	$270.0M	$309.0M	-$325.0M
YoY Change	0.94%	-154.36%	33.56%	20.66%	-0.82%	17.31%	-57.2%	-10.0%	-12.62%	-195.08%
% of Operating Profit		-7.65%	7.11%	13.47%	7.61%	4.01%	4.43%	23.1%	15.54%	14.57%	-2166.67%
Other Income/Expense, Net	-$134.0M	$139.0M	$445.0M	-$8.000M	-$162.0M	-$64.00M	-$27.00M	$65.00M	-$42.00M	-$58.00M	-$7.000M
YoY Change	-196.4%	-68.76%	-5662.5%	-95.06%	153.13%	137.04%	-141.54%	-254.76%	-27.59%	728.57%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	-$584.0M	$723.0M	$1.199B	$173.0M	-$438.0M	$1.625B	$1.200B	-$162.0M	-$337.0M	-$63.00M	-$2.747B
YoY Change	-180.77%	-39.7%	593.06%	-139.5%	-126.95%	35.42%	-840.74%	-51.93%	434.92%	-97.71%
Income Tax	$189.0M	$664.0M	$629.0M	$187.0M	$415.0M	$732.0M	$592.0M	$184.0M	$402.0M	$284.0M	$123.0M
% Of Pretax Income		91.84%	52.46%	108.09%		45.05%	49.33%
Net Earnings	-$651.0M	-$102.0M	$429.0M	-$170.0M	-$1.125B	$250.0M	$279.0M	-$400.0M	-$863.0M	-$256.0M	-$2.909B
YoY Change	538.24%	-123.78%	-352.35%	-84.89%	-550.0%	-10.39%	-169.75%	-53.65%	237.11%	-91.2%
Net Earnings / Revenue	-6.17%	-0.82%	3.53%	-1.83%	-10.78%	1.87%	2.39%	-4.29%	-7.71%	-1.95%	-23.14%
Basic Earnings Per Share	-$3.65	-$0.68	$2.30	-$0.91	-$6.07	$1.34	$1.51	-$2.19	-$4.73
Diluted Earnings Per Share	-$3.65	-$564.6K	$2.26	-$0.91	-$6.07	$1.33	$1.49	-$2.19	-$4.73	-$1.407M	-$15.98M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$944.0M	$1.363B	$1.814B	$1.607B	$879.0M	$1.113B	$1.358B	$853.0M	$557.0M	$266.0M
YoY Change	-30.74%	-24.86%	12.88%	82.82%	-21.02%	-18.04%	59.2%	53.14%	109.4%
Cash & Equivalents	$944.0M	$1.363B	$1.814B	$1.607B	$879.0M	$1.113B	$1.358B	$853.0M	$557.0M	$266.0M
Short-Term Investments
Other Short-Term Assets	$495.0M	$551.0M	$372.0M	$959.0M	$347.0M	$393.0M	$384.0M	$334.0M	$333.0M	$438.0M
YoY Change	-10.16%	48.12%	-61.21%	176.37%	-11.7%	2.34%	14.97%	0.3%	-23.97%
Inventory	$2.158B	$2.427B	$1.956B	$1.398B	$1.644B	$1.819B	$1.453B	$1.160B	$1.172B	$1.501B
Prepaid Expenses
Receivables	$656.0M	$778.0M	$757.0M	$471.0M	$546.0M	$830.0M	$811.0M	$668.0M	$380.0M	$474.0M
Other Receivables	$152.0M	$131.0M	$127.0M	$85.00M	$114.0M	$173.0M	$232.0M	$166.0M	$124.0M	$238.0M
Total Short-Term Assets	$4.405B	$5.250B	$5.026B	$4.520B	$3.530B	$4.328B	$4.238B	$3.181B	$2.566B	$2.917B
YoY Change	-16.1%	4.46%	11.19%	28.05%	-18.44%	2.12%	33.23%	23.97%	-12.03%
Property, Plant & Equipment	$6.785B	$6.493B	$6.623B	$7.190B	$7.916B	$8.327B	$9.138B	$9.325B	$9.390B	$11.33B
YoY Change	4.5%	-1.96%	-7.89%	-9.17%	-4.94%	-8.88%	-2.01%	-0.69%	-17.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$979.0M	$1.143B	$1.189B	$1.041B	$1.103B	$1.350B	$1.400B	$1.348B	$1.472B	$1.848B
YoY Change	-14.35%	-3.87%	14.22%	-5.62%	-18.3%	-3.57%	3.86%	-8.42%	-20.35%
Other Assets	$1.989B	$1.897B	$1.793B	$1.785B	$1.701B	$1.709B	$2.115B	$2.310B	$2.494B	$1.995B
YoY Change	4.85%	5.8%	0.45%	4.94%	-0.47%	-19.2%	-8.44%	-7.38%	25.01%
Total Long-Term Assets	$9.753B	$9.533B	$9.999B	$10.34B	$11.10B	$11.80B	$13.21B	$13.56B	$13.85B	$15.76B
YoY Change	2.31%	-4.66%	-3.3%	-6.86%	-5.96%	-10.64%	-2.59%	-2.07%	-12.16%
Total Assets	$14.16B	$14.78B	$15.03B	$14.86B	$14.63B	$16.13B	$17.45B	$16.74B	$16.41B	$18.68B
YoY Change
Accounts Payable	$1.714B	$1.757B	$1.674B	$1.403B	$1.484B	$1.663B	$1.898B	$1.455B	$1.379B	$1.740B
YoY Change	-2.45%	4.96%	19.32%	-5.46%	-10.76%	-12.38%	30.45%	5.51%	-20.75%
Accrued Expenses	$357.0M	$335.0M	$418.0M	$455.0M	$474.0M	$400.0M	$459.0M	$456.0M	$313.0M	$372.0M
YoY Change	6.57%	-19.86%	-8.13%	-4.01%	18.5%	-12.85%	0.66%	45.69%	-15.86%
Deferred Revenue
YoY Change
Short-Term Debt	$56.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$79.00M	$1.000M	$1.000M	$2.000M	$1.000M	$1.000M	$16.00M	$21.00M	$18.00M	$29.00M
YoY Change	7800.0%	0.0%	-50.0%	100.0%	0.0%	-93.75%	-23.81%	16.67%	-37.93%
Total Short-Term Liabilities	$3.030B	$3.004B	$3.223B	$2.761B	$2.563B	$2.919B	$3.252B	$2.821B	$2.404B	$2.735B
YoY Change	0.87%	-6.79%	16.73%	7.73%	-12.2%	-10.24%	15.28%	17.35%	-12.1%
Long-Term Debt	$1.732B	$1.806B	$1.726B	$2.463B	$1.799B	$1.801B	$1.388B	$1.424B	$207.0M	$313.0M
YoY Change	-4.1%	4.63%	-29.92%	36.91%	-0.11%	29.76%	-2.53%	587.92%	-33.87%
Other Long-Term Liabilities	$3.356B	$3.181B	$3.601B	$4.411B	$4.107B	$3.523B	$5.700B	$4.489B	$1.781B	$2.135B
YoY Change	5.5%	-11.66%	-18.36%	7.4%	16.58%	-38.19%	26.98%	152.05%	-16.58%
Total Long-Term Liabilities	$5.088B	$4.987B	$5.327B	$6.874B	$5.906B	$5.324B	$7.088B	$5.913B	$1.988B	$2.448B
YoY Change	2.03%	-6.38%	-22.51%	16.39%	10.93%	-24.89%	19.87%	197.43%	-18.79%
Total Liabilities	$9.907B	$9.725B	$10.35B	$11.55B	$10.52B	$10.51B	$12.92B	$11.09B	$6.971B	$8.081B
YoY Change	1.87%	-6.07%	-10.36%	9.79%	0.05%	-18.65%	16.57%	59.04%	-13.74%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Basic Shares Outstanding	178.0M	181.0M	186.0M	186.0M	185.0M	186.0M	184.0M	183.0M	182.5M shares	182.5M shares
Diluted Shares Outstanding	178.0M	181.0M	190.0M	186.0M	185.0M	189.0M	187.0M	183.0M	182.0M shares	182.0M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $11.851 Billion

About Alcoa Corp

Alcoa Corp. engages in the production of bauxite, alumina, and aluminum products. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 13,600 full-time employees. The company went IPO on 2016-10-18. Its Alumina segment consists of its worldwide refining system, which processes bauxite into alumina. The alumina produced by this segment is sold to internal and external aluminum smelter customers; a portion of the alumina is sold to external customers who process it into industrial chemical products. Its Aluminum segment consists of worldwide smelting and cast house system, which processes alumina into primary aluminum, and portfolio of energy assets in Brazil, Canada and the United States. Its smelting operations produce molten primary aluminum, which is then formed by the casting operations into either common alloy ingot or into value-add ingot products. The company owns and controls Alcoa World Alumina and Chemicals joint venture that owns, operates or has an interest in bauxite mines and alumina refineries.

Industry: Primary Production of Aluminum Peers: Arconic Corp CENTURY ALUMINUM CO KAISER ALUMINUM CORP