Alcoa Corp (AA)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 60,000 | -292,000 | -550,000 | -672,000 | -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 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $60,000K ÷ $14,065,000K
= 0.43%
From the provided data on Alcoa Corp's return on assets (ROA) over multiple quarters, we observe fluctuations in the company's performance. The ROA reflects how efficiently the company is utilizing its assets to generate profits.
Initially, Alcoa Corp's ROA was negative, indicating that the company was not generating profits proportionate to its asset base. However, over time, there was an improvement in the ROA, transitioning from negative percentages to positive percentages.
In the most recent periods, Alcoa Corp's ROA has shown some volatility, with fluctuations in both positive and negative territory. This signifies variability in the company's ability to generate profits relative to its asset base.
Overall, while the company has made progress in improving its ROA from the initial negative values, the recent fluctuations suggest that Alcoa Corp may still be working on optimizing its asset utilization to enhance profitability. Further analysis into the underlying factors influencing these fluctuations would provide deeper insights into the company's financial performance.
Peer comparison
Dec 31, 2024