Alcoa Corporation, together with its subsidiaries, engages in the bauxite mining, alumina refining, aluminum production, and energy generation business in Australia, Brazil, Canada, Iceland, Norway, Spain, the United States, and internationally. The company operates through two segments, Alumina and Aluminum. It operates bauxite and other aluminous ores mining; and processes bauxite into alumina for sale to aluminum smelter customers and customers who process it into industrial chemical products through supply contracts to third parties, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for transportation, building and construction, packaging, wire, other industrial markets, and traders. In addition, it provides energy that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.
Strategic Challenges | Delve into Alcoa's portfolio optimization efforts and the potential impact of tariffs on its Canadian production, as the company navigates a complex global market landscape. |
Market Dynamics | Explore how data centers, AI infrastructure, and global decarbonization efforts are driving unprecedented demand for aluminum, potentially supporting higher prices. |
Financial Forecast | Analysts project robust performance with FY2025 EBITDA of $1.9 billion and EPS of $3.46. Price targets range from $42 per share, reflecting optimism in market conditions. |
Aluminum Titan | Alcoa Corporation, a $7.6 billion market cap leader in the global aluminum industry, faces critical challenges and opportunities amid surging demand and potential tariff impacts. |

Metrics to compare | AA | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipAAPeersSector | |
|---|---|---|---|---|
P/E Ratio | 12.8x | 36.2x | 2.0x | |
PEG Ratio | 0.01 | 0.00 | 0.00 | |
Price / Book | 2.4x | 2.0x | 1.6x | |
Price / LTM Sales | 1.1x | 3.0x | 1.4x | |
Upside (Analyst Target) | 10.0% | 18.0% | 20.0% | |
Fair Value Upside | Unlock | 6.0% | −0.6% | Unlock |