Alcoa Corp (AA)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 626,000 | -126,000 | -538,000 | -729,000 | -584,000 | -747,000 | -1,248,000 | -241,000 | 702,000 | 871,000 | 2,097,000 | 1,650,000 | 1,199,000 | 1,307,000 | 832,000 | 266,000 | 173,000 | 129,000 | 55,000 | -17,000 |
| Total assets | US$ in thousands | 14,065,000 | 14,542,000 | 14,307,000 | 14,328,000 | 14,158,000 | 13,917,000 | 14,128,000 | 14,369,000 | 14,756,000 | 14,885,000 | 15,709,000 | 15,988,000 | 15,003,000 | 14,197,000 | 14,438,000 | 14,931,000 | 14,864,000 | 14,223,000 | 13,300,000 | 13,651,000 |
| Operating ROA | 4.45% | -0.87% | -3.76% | -5.09% | -4.12% | -5.37% | -8.83% | -1.68% | 4.76% | 5.85% | 13.35% | 10.32% | 7.99% | 9.21% | 5.76% | 1.78% | 1.16% | 0.91% | 0.41% | -0.12% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $626,000K ÷ $14,065,000K
= 4.45%
Alcoa Corp's operating return on assets (operating ROA) has shown fluctuations over the analyzed period. Starting at -0.12% on March 31, 2020, the metric improved steadily, reaching its peak at 13.35% on June 30, 2022. Subsequently, the operating ROA experienced a decline, falling to -8.83% on June 30, 2023. This downward trend continued until December 31, 2024, where the operating ROA recovered to a positive figure of 4.45%.
The analysis indicates that Alcoa Corp's operating performance in terms of generating profits from its assets has been mixed, with periods of both strong growth and decline. Investors and stakeholders may want to further investigate the factors driving these fluctuations to assess the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024