Alcoa Corp (AA)

Debt-to-equity ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 6,133,000 5,157,000 4,251,000 5,076,000 4,672,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $6,133,000K
= 0.00