Alcoa Corporation (AA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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AA Revenue Growth
Revenue Breakdown (FY 2024)
AA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
AA Revenue Analysis (2014–2025)
As of May 6, 2026, Alcoa Corporation (AA) generated trailing twelve-month (TTM) revenue of $12.74 billion, reflecting significant decline in growth of -13.3% year-over-year. The most recent quarter (Q4 2025) recorded $3.45 billion in revenue, up 15.2% sequentially.
Looking at the longer-term picture, AA's 5-year compound annual growth rate (CAGR) stands at +6.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $23.95 billion in 2014.
Revenue diversification analysis shows AA's business is primarily driven by Aluminum (51%), and Alumina (49%). With over half of revenue concentrated in Aluminum, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including CENX (+20.1% YoY), KALU (+20.8% YoY), and CSTM (+30.1% YoY), AA has underperformed the peer group in terms of revenue growth. Compare AA vs CENX →
AA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| AACurrent | $12.7B | -13.3% | +6.3% | 7.6% | |
 CENX | $2.2B | +20.1% | +3.9% | 5.5% | |
 KALU | $3.4B | +20.8% | +23.5% | 5.7% | |
 CSTM | $8.4B | +30.1% | +11.6% | 5.6% | |
 NEM | $22.1B | -11.7% | +14.1% | 46.9% | |
 FCX | $25.7B | +7.9% | +13.2% | 24.4% |
AA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $12.74B | +4.5% | $1.73B | 13.6% | $971.0M | 7.6% |
| 2024 | $12.18B | +13.8% | $1.50B | 12.3% | $1.17B | 9.6% |
| 2023 | $10.71B | -16.1% | $241.0M | 2.3% | $-24,000,000 | -0.2% |
| 2022 | $12.76B | +2.6% | $1.93B | 15.1% | $1.70B | 13.3% |
| 2021 | $12.44B | +32.7% | $2.62B | 21.1% | $2.36B | 19.0% |
| 2020 | $9.37B | -10.7% | $765.0M | 8.2% | $532.0M | 5.7% |
| 2019 | $10.49B | -22.4% | $1.20B | 11.5% | $895.0M | 8.5% |
| 2018 | $13.52B | +14.7% | $2.69B | 19.9% | $2.42B | 17.9% |
| 2017 | $11.78B | +26.3% | $2.02B | 17.1% | $1.71B | 14.5% |
| 2016 | $9.32B | -16.9% | $709.0M | 7.6% | $385.0M | 4.1% |
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Start ComparisonAA — Frequently Asked Questions
Quick answers to the most common questions about buying AA stock.
Is AA's revenue growth accelerating or slowing?
AA revenue declined -13.3% year-over-year, contrasting with the 5-year CAGR of +6.3%. TTM revenue fell to $12.7B. This reverses the prior growth trend.
What is AA's long-term revenue growth rate?
Alcoa Corporation's 5-year revenue CAGR of +6.3% reflects the variable expansion pattern. Current YoY growth of -13.3% is below this long-term average.
How is AA's revenue distributed by segment?
AA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.