Alcoa Corp (AA)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -651,000 | -896,000 | -1,474,000 | -823,000 | -123,000 | -120,000 | 963,000 | 723,000 | 429,000 | 817,000 | 431,000 | -75,000 | -170,000 | -469,000 | -641,000 | -846,000 | -1,125,000 | -771,000 | -556,000 | -144,000 |
| Revenue (ttm) | US$ in thousands | 10,494,000 | 10,518,000 | 10,798,000 | 11,717,000 | 12,326,000 | 12,863,000 | 13,111,000 | 12,351,000 | 11,954,000 | 11,167,000 | 10,433,000 | 9,693,000 | 9,175,000 | 9,219,000 | 9,428,000 | 9,990,000 | 10,327,000 | 11,235,000 | 12,076,000 | 12,977,000 |
| Net profit margin | -6.20% | -8.52% | -13.65% | -7.02% | -1.00% | -0.93% | 7.34% | 5.85% | 3.59% | 7.32% | 4.13% | -0.77% | -1.85% | -5.09% | -6.80% | -8.47% | -10.89% | -6.86% | -4.60% | -1.11% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-651,000K ÷ $10,494,000K
= -6.20%
The net profit margin for Alcoa Corp has been fluctuating over the past eight quarters. In Q4 2023, the net profit margin was -6.17%, an improvement from the previous quarter's -8.44%. However, compared to the same quarter in the previous year, the margin was lower at -0.99%.
Overall, Alcoa Corp has experienced negative net profit margins in recent quarters, indicating that the company's profitability has been challenged. It would be important to investigate the factors contributing to these fluctuations and assess the company's strategies for improving profitability in the future.
Peer comparison
Dec 31, 2023