Alcoa Corp (AA)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 60,000 | -651,000 | -123,000 | 429,000 | -170,000 |
| Revenue | US$ in thousands | 11,895,000 | 10,551,000 | 12,451,000 | 12,152,000 | 9,286,000 |
| Net profit margin | 0.50% | -6.17% | -0.99% | 3.53% | -1.83% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $60,000K ÷ $11,895,000K
= 0.50%
Starting with a net profit margin of -1.83% on December 31, 2020, Alcoa Corp improved its profitability, achieving a positive net profit margin of 3.53% on December 31, 2021. However, the company faced challenges in the following years, with negative net profit margins of -0.99% on December 31, 2022, and -6.17% on December 31, 2023.
Fortunately, Alcoa Corp managed to turn around its profitability on December 31, 2024, with a net profit margin of 0.50%. The fluctuation in net profit margins over the years indicates the company's ability to adapt to changing market conditions and manage its costs effectively. Further analysis of the underlying factors contributing to these fluctuations would provide a more insightful understanding of Alcoa Corp's financial performance.
Peer comparison
Dec 31, 2024