Alcoa Corporation financial statements

Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.

Metric	2025	2024	2023	2022
Income statement
Revenue	$12.8B	$12.2B	$10.7B	$12.8B
Cost of revenue	$10.7B	$10.7B	$10.5B	$10.8B
Gross profit	$2.2B	$1.5B	$241.0M	$1.9B
Operating expenses	$1.4B	$332.0M	$265.0M	$236.0M
Operating income	$758.0M	$1.2B	-$24.0M	$1.7B
Net income	$1.2B	$60.0M	-$651.0M	-$123.0M
EBITDA	$1.8B	$1.1B	$155.0M	$1.4B
Basic EPS	$4.47	$0.28	$-3.65	$-0.57
Diluted EPS	$4.44	$0.28	$-3.65	$-0.57
Balance sheet
Cash & equivalents	$1.7B	$1.1B	$944.0M	$1.4B
Total assets	$16.1B	$14.1B	$14.2B	$14.8B
Total liabilities	$9.9B	$8.9B	$8.3B	$8.2B
Stockholders’ equity	$6.1B	$5.2B	$4.3B	$5.1B
Total debt	$2.7B	$2.8B	$2.0B	$1.9B
Net debt	$1.1B	$1.7B	$1.0B	$503.0M
Cash flow
Operating cash flow	$1.2B	$622.0M	$91.0M	$822.0M
Capital expenditure	-$618.0M	-$580.0M	-$531.0M	-$480.0M
Free cash flow	$567.0M	$42.0M	-$440.0M	$342.0M
Dividends paid	-$105.0M	-$90.0M	-$72.0M	-$72.0M
Share repurchases	$0.00	-$15.0M	$0.00	-$500.0M