Alcoa Corp (AA)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 1,851,000 | 1,249,000 | 871,000 | 667,000 | 738,000 | 635,000 | 685,000 | 1,393,000 | 2,239,000 | 3,129,000 | 3,733,000 | 3,533,000 | 2,999,000 | 2,460,000 | 2,000,000 | 1,539,000 | 1,317,000 | 1,287,000 | 1,407,000 | 1,713,000 |
Revenue (ttm) | US$ in thousands | 11,895,000 | 11,004,000 | 10,702,000 | 10,480,000 | 10,551,000 | 10,619,000 | 10,868,000 | 11,828,000 | 12,451,000 | 13,128,000 | 13,386,000 | 12,575,000 | 12,152,000 | 11,204,000 | 10,460,000 | 9,775,000 | 9,286,000 | 9,330,000 | 9,532,000 | 10,095,000 |
Gross profit margin | 15.56% | 11.35% | 8.14% | 6.36% | 6.99% | 5.98% | 6.30% | 11.78% | 17.98% | 23.83% | 27.89% | 28.10% | 24.68% | 21.96% | 19.12% | 15.74% | 14.18% | 13.79% | 14.76% | 16.97% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,851,000K ÷ $11,895,000K
= 15.56%
The gross profit margin of Alcoa Corp has shown some fluctuations over the years, ranging from as low as 5.98% in September 30, 2023 to as high as 28.10% in March 31, 2022. The trend indicates a general increase from 2019 to early 2022, followed by a decline in the latter part of 2022 and into 2023. The margin experienced a significant drop in March 31, 2024 but showed a slight recovery thereafter. Overall, the gross profit margin of Alcoa Corp has demonstrated variability in recent years, which may reflect changes in pricing, cost of goods sold, or operational efficiencies within the company.
Peer comparison
Dec 31, 2024