Alcoa Corporation (AA) Debt to Equity Ratio: 0.45
Is Alcoa Corporation’s debt to equity ratio high or low?
Alcoa Corporation's debt to equity ratio of 0.45 is 11% below its 5-year average of 0.50, near the low end of its 5-year range (0.37–0.79).
The debt to equity ratio for Alcoa Corporation (AA) is 0.45 as of Wednesday, June 10, 2026. It is below its 12-month average by 10.00% (0.50).
AA Debt to Equity Ratio Chart
AA Average Debt to Equity Ratio Chart
AA Current vs Average Debt to Equity Ratio Chart
AA Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.45
DEBT TO EQUITY RATIO AVG TTM
0.50
DEBT TO EQUITY RATIO AVG 3Y
0.46
DEBT TO EQUITY RATIO AVG 5Y
0.50
DEBT TO EQUITY RATIO AVG 10Y
0.40
DEBT TO EQUITY RATIO AVG 15Y
0.34
DEBT TO EQUITY RATIO AVG 20Y
0.34
CURRENT VS TTM AVG
-10.00%
CURRENT VS 3Y AVG
-1.64%
CURRENT VS 5Y AVG
-10.60%
CURRENT VS 10Y AVG
+12.76%
CURRENT VS 15Y AVG
+32.35%
CURRENT VS 20Y AVG
+32.35%
AA Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alcoa Corporation (AA) | — | 0.45 | 0.50 | 0.46 | 0.50 |
| DuPont de Nemours, Inc. (DD) | $18.47B | 0.23 | 0.27 | 0.29 | 0.33 |
| United States Steel Corporation (X) | $12.42B | 0.37 | 0.38 | 0.40 | 0.65 |
| Vulcan Materials Company (VMC) | $35.38B | 0.63 | 0.68 | 0.65 | 0.65 |
| Nucor Corporation (NUE) | $57.05B | 0.34 | 0.34 | 0.34 | 0.38 |
| Air Products and Chemicals, Inc. (APD) | $61.57B | 1.23 | 1.05 | 0.88 | 0.80 |
| Ecolab Inc. (ECL) | $72.33B | 0.97 | 0.96 | 1.06 | 1.11 |
| The Sherwin-Williams Company (SHW) | $74.96B | 3.16 | 3.05 | 3.33 | 3.47 |
| Freeport-McMoRan Inc. (FCX) | $89.24B | 0.61 | 0.58 | 0.62 | 0.69 |
| Newmont Corporation (NEM) | $99.04B | 0.17 | 0.23 | 0.28 | 0.28 |
Financial Health
Debt/Equity
0.45
Current Ratio
1.44
Alcoa Corporation Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Alcoa Corporation Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Alcoa Corporation (AA)?
- The debt to equity ratio for AA stock is 0.45.
- Is Alcoa Corporation's debt to equity ratio high or low?
- Alcoa Corporation's debt to equity ratio of 0.45 is 11% below its 5-year average of 0.50, near the low end of its 5-year range (0.37–0.79).
- What is the TTM average debt to equity ratio for Alcoa Corporation (AA)?
- The TTM average debt to equity ratio for AA stock is 0.50.
- What is the 3Y average debt to equity ratio for Alcoa Corporation (AA)?
- The 3Y average debt to equity ratio for AA stock is 0.46.
- What is the 5Y average debt to equity ratio for Alcoa Corporation (AA)?
- The 5Y average debt to equity ratio for AA stock is 0.50.
- What is the 10Y average debt to equity ratio for Alcoa Corporation (AA)?
- The 10Y average debt to equity ratio for AA stock is 0.40.
- What is the 15Y average debt to equity ratio for Alcoa Corporation (AA)?
- The 15Y average debt to equity ratio for AA stock is 0.34.
- What is the 20Y average debt to equity ratio for Alcoa Corporation (AA)?
- The 20Y average debt to equity ratio for AA stock is 0.34.
Alcoa Corporation Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-12-31 | 0.45 |
| 2024-12-31 | 0.55 |
| 2023-12-31 | 0.46 |
| 2022-12-31 | 0.37 |
| 2021-12-31 | 0.40 |
| 2020-12-31 | 0.79 |
| 2019-12-31 | 0.46 |
| 2018-12-31 | 0.32 |
| 2017-12-31 | 0.31 |
| 2016-12-31 | 0.26 |
| 2015-12-31 | 0.02 |
| 2014-12-31 | 0.03 |
| 2013-12-31 | 0.00 |
Related Metrics
About Alcoa Corporation
Alcoa Corporation stands as a global industrial leader, primarily focused on the production and sale of bauxite, alumina, and aluminum products. Its extensive operations span multiple continents, including North America (United States, Canada), Europe (Spain, Iceland, Norway), South America (Brazil), and Australia, along with other international markets. The company's activities are strategically divided into three principal segments: Bauxite, Alumina, and Aluminum. Alcoa initiates its process with bauxite mining. This raw material is then refined into alumina, which is subsequently sold to customers for conversion into various industrial chemical products. Additionally, the company is involved in aluminum smelting and casting, supplying primary aluminum in forms like alloy or value-added ingots. These aluminum products cater to a diverse range of industries, including transportation, building and construction, packaging, wire manufacturing, and other industrial applications. Beyond its core metals business, Alcoa also operates hydroelectric power generation facilities. These plants generate and sell electricity into the wholesale market, serving a wide array of clients, from traders and large industrial consumers to distribution companies and other power generators. Founded in 1888, the company is headquartered in Pittsburgh, Pennsylvania. It officially adopted the name Alcoa Corporation in October 2016, prior to which it was known as Alcoa Upstream Corporation.
- Sector
- Basic Materials
- Industry
- Aluminum
- CEO
- William F. Oplinger