Alcoa Corporation (AA) vs United States Steel Corporation (X)

A side-by-side comparison of Alcoa Corporation and United States Steel Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAA vs X

growth of $100 · dividends reinvested · last 29y
AA +33.6%X +226.1%X compounded faster
02004006008001kStart $10020012006201120162021$134$326
AA X

AA vs X: by the numbers

  • X is the larger company ($12.42B vs $11.71B market cap).
  • AA trades at the lower trailing earnings multiple (8.98 vs 189.10 P/E), one valuation lens rather than an overall verdict.
  • AA converts more revenue to profit (9.39% vs 0.64% net margin).
  • AA grew revenue faster over the past five years (5.06% vs 4.51% CAGR).
  • AA pays the higher dividend yield (0.91% vs 0.36%).

Metrics side by side

Valuation

MetricAAX
P/E ratio8.98189.10
Forward P/E6.73N/A
P/S ratio0.850.81
P/B ratio1.580.77
PEG ratio0.01N/A
EV / EBITDA7.1820.08
FCF yield3.03%N/A

Profitability

MetricAAX
Gross margin18.79%7.57%
Operating margin7.96%-2.36%
Net margin9.39%0.64%
ROE17.33%0.61%
ROIC6.12%1.24%

Dividends

MetricAAX
Dividend yield0.91%0.36%
Payout ratio8.95%11.70%

Growth (annualized)

MetricAAX
Revenue CAGR (5Y)5.06%4.51%
EPS CAGR (5Y)20.38%N/A
FCF CAGR (5Y)17.20%N/A
Total return CAGR (5Y)4.14%47.40%

Frequently asked

Which has the lower trailing P/E, AA or X?
AA has the lower trailing P/E: AA trades at 8.98 and X at 189.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AA or X?
Over the past five years, AA grew revenue faster — AA at a 5.06% CAGR versus X at 4.51%.
Does AA or X pay a bigger dividend?
AA yields 0.91% and X yields 0.36% based on trailing dividends and the latest price.
Is AA or X more profitable?
AA runs the higher net margin — AA at 9.39% versus X at 0.64%.
How have AA and X total returns compared?
Over the past 10 years, AA delivered 6.98% and X delivered 9.88% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 28, 2026.