Alcoa Corp (AA)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 5.26% | -1.15% | -5.03% | -6.96% | -5.54% | -7.03% | -11.48% | -2.04% | 5.64% | 6.63% | 15.67% | 13.12% | 9.87% | 11.67% | 7.95% | 2.72% | 1.86% | 1.38% | 0.58% | -0.17% |
| Pretax margin | 2.43% | -1.15% | -5.03% | -6.96% | -5.54% | -7.03% | -11.48% | -2.04% | 5.64% | 6.63% | 15.67% | 13.12% | 9.87% | 11.67% | 7.95% | 2.72% | 1.86% | -1.77% | -2.51% | -3.08% |
| Net profit margin | 0.50% | -2.65% | -5.14% | -6.41% | -6.17% | -8.44% | -13.56% | -6.96% | -0.99% | -0.91% | 7.19% | 5.75% | 3.53% | 7.29% | 4.12% | -0.77% | -1.83% | -5.03% | -6.72% | -8.38% |
Alcoa Corp's profitability ratios have shown varying trends over the periods analyzed. The gross profit margin, which measures the proportion of revenue remaining after deducting the cost of goods sold, fluctuated notably, ranging from a low of 5.98% in September 30, 2023, to a high of 28.10% in March 31, 2022.
Similarly, the operating profit margin, indicating the percentage of revenue that translates into operating income, experienced substantial fluctuations, with negative margins observed in several quarters. The pretax margin, reflecting the proportion of revenue remaining after deducting all operating expenses but before taxes, showed a mixed trend, turning negative in mid-2023 before recovering slightly towards the end of the period.
The net profit margin, which represents the percentage of revenue that ultimately translates into net income, also displayed significant variability, dipping into negative territory in multiple quarters. Overall, these profitability ratios suggest that Alcoa Corp's financial performance exhibited volatility and challenges, especially in terms of generating profit from its operations.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 0.43% | -2.01% | -3.84% | -4.69% | -4.60% | -6.44% | -10.43% | -5.73% | -0.83% | -0.81% | 6.13% | 4.52% | 2.86% | 5.75% | 2.99% | -0.50% | -1.14% | -3.30% | -4.82% | -6.20% |
| Return on total capital | 9.05% | -2.40% | -13.80% | -18.25% | -13.74% | -16.57% | -25.77% | -5.14% | 13.83% | 16.22% | 37.01% | 36.03% | 25.85% | 33.70% | 22.07% | 8.19% | 5.26% | -3.95% | -5.61% | -6.55% |
| Return on equity (ROE) | 1.16% | -5.56% | -14.11% | -16.83% | -15.31% | -19.87% | -30.44% | -17.55% | -2.42% | -2.23% | 17.00% | 15.79% | 9.25% | 21.07% | 11.44% | -2.31% | -5.17% | -13.81% | -17.30% | -19.79% |
Based on the data provided, the profitability ratios of Alcoa Corp show fluctuating trends over the observed periods:
1. Operating return on assets (Operating ROA) shows a volatile performance, ranging from negative values to positive values, with a noticeable improvement in the most recent quarters, reaching a peak of 13.35% in June 2022.
2. Return on assets (ROA) also demonstrates variability, with negative figures recorded in the initial quarters, gradually improving over time. However, the metric still shows negative values in some periods, indicating challenges in generating profits from the company's assets.
3. Return on total capital presents a similar pattern of fluctuation, with significant swings in profitability ratios seen across quarters. There is a notable increase in profitability in mid-2021, followed by a decline and subsequent negative values in the latter part of the observed period.
4. Return on equity (ROE) depicts a mixed performance with negative values at the beginning of the period, transitioning to positive values in mid-2021 before showing a downward trend again. The metric fluctuates throughout the period, reflecting the company's challenges in generating returns for its shareholders.
Overall, the analysis of Alcoa Corp's profitability ratios indicates a volatile and fluctuating profitability performance over the observed period, showcasing the company's struggle to maintain consistent profitability and shareholder returns.