Alcoa Corp (AA)

Pretax margin

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 1,083,000 1,334,000 1,351,000 1,282,000 289,000 -126,000 -538,000 -729,000 -584,000 -726,000 -1,227,000 -220,000 723,000 871,000 2,097,000 1,650,000 1,199,000 1,307,000 832,000 266,000
Revenue (ttm) US$ in thousands 12,736,000 13,264,000 13,099,000 12,912,000 12,290,000 10,909,000 10,733,000 10,622,000 10,706,000 10,810,000 11,042,000 12,095,000 12,762,000 13,495,000 13,800,000 12,930,000 12,437,000 11,429,000 10,627,000 9,880,000
Pretax margin 8.50% 10.06% 10.31% 9.93% 2.35% -1.16% -5.01% -6.86% -5.45% -6.72% -11.11% -1.82% 5.67% 6.45% 15.20% 12.76% 9.64% 11.44% 7.83% 2.69%

December 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,083,000K ÷ $12,736,000K
= 8.50%