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Alcoa Corporation

AA Industrials Aluminum
$37.91
▼ -6.9% Today
as of Oct 23, 16:45 ET
Last 30 days -19.25% Sep 14 → Oct 23
$37.19 $39.81 $42.44 $45.07 $47.69 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$38.75
High
$39.28
Low
$38.35
Volume
$5M
Avg Vol
$6M
Mkt Cap
$11.2B
P/E (TTM)
10.34
Beta
—
52w High
$84.38
52w Low
$35.12
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 25 items

Oct 22 · 15:41 Investing.com
Alcoa shares fall after Argus downgrade warns of market headwinds
Oct 20 · 11:48 MT Newswires
B. Riley Adjusts Alcoa Price Target to $63 From $80, Maintains Buy Rating
Oct 19 · 16:50 MarketBeat
Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
▸ Show all 25 press releases & news Free account →

AA earnings at a glance

The options market is pricing a move of about ±7.2% after the report, a range of roughly $35.20 to $40.62 from today's $37.91. Over its last 5 reports the stock rose the next day 2 times and fell 3, moving ±6.0% on average; after the most recent report on Jul 16, 2026 it moved -6.1%. That means options currently expect more movement than AA has typically delivered. AA beat the consensus EPS estimate in 3 of its last 5 reported quarters. Implied volatility is currently 61%. The share price of $37.91 sits near its 52-week low.

More Industrials stocks · All stocks · Earnings calendar

Overview

52-week range
$35
$84
6% of range
Avg surprise (last 5)
+26.5%
Avg reaction (last 5)
+0.2%
40% positive
Latest IV / EM
61%
EM ±7.2% · $43 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-1.41$-0.47$0.46$1.40$2.33 Actual $-1.30Actual $-0.57Actual $-0.94Actual $-1.41Actual $0.11Actual $0.38Actual $2.07Actual $0.39Est $0.29Actual $-0.02Est $-0.15Actual $1.26Est $0.95Actual $1.40Est $1.60Actual $2.12Est $2.33 MarJunSepMarJunSepMarJun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$1.0B$2.1B$3.1B$4.2B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Jul 16, 2026Jun/2026 $2.12 $2.33 -9.0% +497.4% -6.1% earnings
Thu Apr 16, 20268K 2026-04-16 $1.40 $1.60 -12.5% — -6.8% earnings
Thu Jan 22, 20268K 2026-01-22 $1.26 $0.95 +32.6% — -1.5% earnings
Wed Oct 22, 2025Sep/2025 $-0.02 $-0.15 +86.7% — +12.6% earnings
Wed Jul 16, 2025Jun/2025 $0.39 $0.29 +34.5% — +2.9% earnings
Mon Mar 31, 2025Mar 2025 $2.07 — — — — financials
Mon Sep 30, 2024Sep 2024 $0.38 — — — — financials
Sun Jun 30, 2024Jun 2024 $0.11 — — — — financials
Sun Mar 31, 2024Mar 2024 $-1.41 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.94 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.57 — — — — financials
Fri Mar 31, 2023Mar 2023 $-1.30 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$3.97B$3.19B—$3.00B$3.02B$3.37B—$2.90B
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$407M$425M—$232M$164M$548M—$90M
EPS (diluted)$1.53$1.60—$0.88$0.62$2.07—$0.38

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$1.35B$1.35B$1.60B$1.49B$1.51B$1.20B$1.14B$1.31B
Inventory$2.34B$2.30B$2.18B$2.19B$2.22B$2.18B$2.00B$2.10B
Total current assets$5.88B$5.68B$5.47B$5.28B$5.40B$5.21B$4.91B$4.87B
Total assets$16.85B$16.64B$16.13B$15.97B$14.99B$14.57B$14.06B$14.54B
Long-term debt————————
Total liabilities$9.42B$9.75B$9.94B$9.54B$8.76B$8.66B$8.91B$9.29B
Total equity$7.37B$6.83B$6.12B$6.34B$6.13B$5.82B—$5.25B

Implied volatility — last 90 days

46%71%97%122%148% Jun 07 — IV 81% · EM ±7.6%Jun 08 — IV 73% · EM ±6.1%Jun 09 — IV 71% · EM ±5.1%Jun 10 — IV 84% · EM ±4.9%Jun 11 — IV 86% · EM ±3.6%Jun 15 — IV 70% · EM ±5.0%Jun 16 — IV 64% · EM ±3.8%Jun 17 — IV 67% · EM ±2.8%Jun 19 — IV 57% · EM ±6.3%Jun 22 — IV 66% · EM ±5.5%Jun 23 — IV 68% · EM ±4.9%Jun 24 — IV 69% · EM ±4.1%Jun 25 — IV 72% · EM ±3.0%Jun 29 — IV 64% · EM ±11.4%Jun 30 — IV 67% · EM ±11.6%Jul 01 — IV 69% · EM ±11.6%Jul 02 — IV 68% · EM ±11.1%Jul 03 — IV 71% · EM ±11.1%Jul 06 — IV 75% · EM ±10.3%Jul 07 — IV 75% · EM ±9.9%Jul 08 — IV 78% · EM ±9.7%Jul 09 — IV 74% · EM ±8.7%Jul 10 — IV 74% · EM ±8.2%Jul 13 — IV 96% · EM ±8.0%Jul 14 — IV 101% · EM ±7.3%Jul 15 — IV 129% · EM ±7.6%Jul 16 — IV 148% · EM ±6.2%Jul 20 — IV 68% · EM ±5.7%Jul 21 — IV 68% · EM ±4.9%Jul 22 — IV 68% · EM ±4.0%Jul 23 — IV 75% · EM ±3.1%Jul 27 — IV 59% · EM ±5.0%Jul 28 — IV 69% · EM ±5.0%Jul 29 — IV 72% · EM ±4.2%Jul 30 — IV 64% · EM ±2.7%Aug 03 — IV 59% · EM ±4.9%Aug 04 — IV 60% · EM ±4.4%Aug 05 — IV 57% · EM ±3.4%Aug 06 — IV 58% · EM ±2.4%Aug 10 — IV 59% · EM ±4.9%Aug 11 — IV 60% · EM ±4.3%Aug 12 — IV 57% · EM ±3.3%Aug 13 — IV 53% · EM ±2.2%Aug 17 — IV 52% · EM ±4.3%Aug 18 — IV 55% · EM ±4.0%Aug 19 — IV 61% · EM ±3.6%Aug 20 — IV 80% · EM ±3.3%Aug 24 — IV 59% · EM ±4.9%Aug 25 — IV 56% · EM ±4.0%Aug 26 — IV 54% · EM ±3.2%Aug 27 — IV 60% · EM ±2.5%Aug 31 — IV 53% · EM ±4.4%Sep 01 — IV 56% · EM ±4.0%Sep 02 — IV 56% · EM ±3.3%Sep 03 — IV 62% · EM ±2.6%Sep 07 — IV 56% · EM ±4.7%Sep 08 — IV 56% · EM ±4.0%Sep 09 — IV 59% · EM ±3.5%Sep 10 — IV 61% · EM ±2.6%Sep 14 — IV 55% · EM ±4.6%Sep 15 — IV 61% · EM ±4.4%Sep 16 — IV 59% · EM ±3.5%Sep 17 — IV 58% · EM ±2.4%Sep 21 — IV 56% · EM ±4.7%Sep 22 — IV 56% · EM ±4.1%Sep 23 — IV 46% · EM ±2.7%Sep 24 — IV 50% · EM ±2.1%Sep 28 — IV 52% · EM ±9.3%Sep 29 — IV 52% · EM ±9.0%Sep 30 — IV 53% · EM ±8.9%Oct 01 — IV 55% · EM ±8.8%Oct 02 — IV 52% · EM ±8.1%Oct 06 — IV 59% · EM ±7.7%Oct 07 — IV 62% · EM ±7.8%Oct 08 — IV 61% · EM ±7.2%

Sector peers

LI
Li Auto Inc.
$11.0B $11.39-1.0%
CCK
Crown Holdings, Inc.
$11.6B $117.29+0.9%
PSKY
Paramount Skydance Corporation
$10.7B $9.780.0%
CR
Crane Company
$11.8B $182.89-10.5%
DCI
Donaldson Company, Inc.
$10.5B $84.79-4.3%
AVTR
Avantor, Inc.
$10.4B $17.29+0.2%

AA earnings FAQ

What is AA's expected move for earnings?

Options currently price a move of about ±7.2%, or $2.71 per share either way from $37.91.

How does AA stock usually react to earnings?

Across the last 5 reports the average next-day move was ±6.0%, up 2 times and down 3 times.

What is AA's implied volatility?

AA's at-the-money implied volatility is about 61% based on the latest options snapshot.

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