Alcoa Corporation (AA) Income Statement Analysis

See more : Lanpec Technologies Limited (601798.SS) Income Statement Analysis – Financial Results

Complete financial analysis of Alcoa Corporation (AA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Alcoa Corporation, a leading company in the Aluminum industry within the Basic Materials sector.

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Alcoa Corporation (AA)

Industry: Aluminum

Sector: Basic Materials

Website: https://www.alcoa.com

About Alcoa Corporation

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through three segments: Bauxite, Alumina, and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	10.55B	12.76B	12.44B	9.37B	10.50B	13.52B	11.78B	9.33B	11.20B	13.15B	12.57B
Cost of Revenue	10.47B	10.83B	9.82B	8.61B	9.29B	10.82B	9.76B	8.62B	9.04B	10.55B	11.04B
Gross Profit	86.00M	1.93B	2.62B	765.00M	1.20B	2.69B	2.02B	709.00M	2.16B	2.60B	1.53B
Gross Profit Ratio	0.82%	15.15%	21.08%	8.16%	11.45%	19.93%	17.15%	7.60%	19.29%	19.77%	12.19%
Research & Development	39.00M	32.00M	31.00M	27.00M	27.00M	31.00M	32.00M	33.00M	69.00M	95.00M	86.00M
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	226.00M	204.00M	227.00M	206.00M	280.00M	248.00M	284.00M	359.00M	353.00M	383.00M	406.00M
Other Expenses	0.00	617.00M	664.00M	653.00M	713.00M	-64.00M	58.00M	89.00M	2.00M	-1.00M	-7.00M
Operating Expenses	265.00M	236.00M	922.00M	886.00M	1.02B	1.01B	1.07B	1.11B	1.20B	1.55B	1.52B
Cost & Expenses	10.73B	11.07B	10.08B	8.86B	9.56B	11.09B	10.14B	9.01B	10.24B	12.10B	12.56B
Interest Income	0.00	56.00M	195.00M	146.00M	121.00M	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	107.00M	106.00M	195.00M	146.00M	121.00M	122.00M	104.00M	243.00M	270.00M	309.00M	305.00M
Depreciation & Amortization	632.00M	617.00M	664.00M	653.00M	713.00M	733.00M	750.00M	718.00M	780.00M	954.00M	1.03B
EBITDA	155.00M	2.03B	2.75B	1.02B	396.00M	2.45B	2.01B	1.19B	713.00M	2.17B	57.00M
EBITDA Ratio	1.47%	16.78%	25.62%	11.48%	13.60%	22.04%	19.73%	11.98%	14.74%	14.54%	7.67%
Operating Income	-227.00M	1.53B	2.52B	423.00M	714.00M	2.20B	1.50B	187.00M	958.00M	1.05B	15.00M
Operating Income Ratio	-2.15%	11.95%	20.28%	4.51%	6.80%	16.25%	12.70%	2.01%	8.55%	8.00%	0.12%
Total Other Income/Expenses	-357.00M	-995.00M	-1.55B	-359.00M	-1.17B	-599.00M	-463.00M	-373.00M	-1.13B	-1.12B	-2.76B
Income Before Tax	-584.00M	723.00M	1.20B	173.00M	-438.00M	1.60B	1.16B	-162.00M	-337.00M	-63.00M	-2.75B
Income Before Tax Ratio	-5.54%	5.67%	9.64%	1.85%	-4.17%	11.81%	9.84%	-1.74%	-3.01%	-0.48%	-21.85%
Income Tax Expense	189.00M	664.00M	629.00M	187.00M	415.00M	726.00M	600.00M	184.00M	402.00M	284.00M	123.00M
Net Income	-651.00M	59.00M	429.00M	-14.00M	-853.00M	227.00M	217.00M	-400.00M	-863.00M	-256.00M	-2.91B
Net Income Ratio	-6.17%	0.46%	3.45%	-0.15%	-8.13%	1.68%	1.84%	-4.29%	-7.71%	-1.95%	-23.14%
EPS	-3.66	0.33	2.31	-0.08	-4.61	1.22	1.18	-2.19	-4.73	-1.40	-16.01
EPS Diluted	-3.66	0.33	2.26	-0.08	-4.61	1.20	1.16	-2.19	-4.73	-1.40	-16.01
Weighted Avg Shares Out	178.00M	181.00M	186.00M	186.00M	185.00M	186.23M	184.42M	182.54M	182.40M	182.40M	181.70M
Weighted Avg Shares Out (Dil)	178.00M	181.00M	190.00M	186.00M	185.00M	188.53M	186.98M	182.54M	182.40M	182.40M	181.70M

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