Alcoa Corp (AA)

Return on equity (ROE)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Net income US$ in thousands 1,148,000 60,000 -651,000 -123,000 429,000
Total stockholders’ equity US$ in thousands 6,133,000 5,157,000 4,251,000 5,076,000 4,672,000
ROE 18.72% 1.16% -15.31% -2.42% 9.18%

December 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $1,148,000K ÷ $6,133,000K
= 18.72%