SuperworthAlcoa free cash flow AA
Cash from operations less capital spending, by quarter and over the last twelve months, from 2015.
- Last 12 months, to Jun 30, 2026
- $352M
- Latest quarter, Q2 FY26
- $422M
- +18% on a year earlier
- Fiscal year 2025
- $567M
- +1250% on the year before
Alcoa's free cash flow was $352M over the twelve months to Jun 30, 2026, down 40% on a year earlier.
In its latest quarter, Q2 FY26, it was $422M, up 18% on the same quarter a year before.
Over the five fiscal years to FY2025 it grew 69% a year on average.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $567M | +1250% |
| FY2024 | $42M | n/a |
| FY2023 | −$440M | −229% |
| FY2022 | $342M | −35% |
| FY2021 | $530M | +1193% |
| FY2020 | $41M | −87% |
| FY2019 | $307M | +527% |
| FY2018 | $49M | −94% |
| FY2017 | $819M | n/a |
| FY2016 | −$715M | n/a |
| FY2015 | n/a | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q2 FY26 | $422M | +18% | $352M | |
| Q1 FY26 | −$298M | n/a | $287M | |
| Q4 FY25 | $294M | +20% | $567M | |
| Q3 FY25 | −$66M | n/a | $519M | |
| Q2 FY25 | $357M | +190% | $582M | |
| Q1 FY25 | −$18M | n/a | $348M | |
| Q4 FY24 | $246M | +2360% | $42M | |
| Q3 FY24 | −$3M | n/a | −$194M | |
| Q2 FY24 | $123M | n/a | −$267M | |
| Q1 FY24 | −$324M | n/a | −$518M | |
| Q4 FY23 | $10M | n/a | −$440M | |
| Q3 FY23 | −$76M | −1367% | −$503M |
Against its peers
Companies in Basic Materials nearest Alcoa's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| AAAlcoa | 3.5% |
| CLXClorox | 3.9% |
| HLHecla Mining | 5.5% |
| ALBAlbemarle | 12.1% |
| CTVACorteva | 7.6% |
| ESIElement Solutions | 1.7% |
| NEUNewmarket | 5.9% |
| RPMRPM International | 5.6% |
| EMNEastman Chemical | 7.3% |
| AXTAAxalta Coating Systems | 6.8% |
| CDECoeur Mining | 8.4% |
| Peer median | 6.3% |
Where Alcoa ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Alcoa
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.