Alcoa Corporation (AA) FCF Payout Ratio: 36.37%
Is Alcoa Corporation’s FCF payout ratio high or low?
Alcoa Corporation's FCF payout ratio of 36.37% is 43% below its 5-year average of 64.36%, near the low end of its 5-year range (3.58%–214.29%).
The FCF payout ratio for Alcoa Corporation (AA) is 36.37%. It is below its 12-month average by 68.75% (116.40%).
AA FCF Payout Ratio Chart
AA Average FCF Payout Ratio Chart
AA Current vs Average FCF Payout Ratio Chart
AA FCF Payout Ratio Metrics
FCF PAYOUT RATIO
36.37%
FCF PAYOUT RATIO AVG TTM
116.40%
FCF PAYOUT RATIO AVG 3Y
84.62%
FCF PAYOUT RATIO AVG 5Y
64.36%
FCF PAYOUT RATIO AVG 10Y
64.36%
FCF PAYOUT RATIO AVG 15Y
64.36%
FCF PAYOUT RATIO AVG 20Y
64.36%
CURRENT VS TTM AVG
-68.75%
CURRENT VS 3Y AVG
-57.02%
CURRENT VS 5Y AVG
-43.49%
CURRENT VS 10Y AVG
-43.49%
CURRENT VS 15Y AVG
-43.49%
CURRENT VS 20Y AVG
-43.49%
Payout Ratio Comparison
FCF Payout Ratio
36.4%
Earnings Payout Ratio
8.9%
Dividend Yield
0.55%
FCF Yield
1.49%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $567.00M | $105.00M | 18.5% |
| 2024 | $42.00M | $90.00M | 214.3% |
| 2023 | ($440.00M) | $72.00M | N/A (Loss) |
| 2022 | $342.00M | $72.00M | 21.1% |
| 2021 | $530.00M | $19.00M | 3.6% |
| 2020 | $41.00M | $0 | 0.0% |
| 2019 | $307.00M | $0 | 0.0% |
| 2018 | $49.00M | $0 | 0.0% |
| 2017 | $819.00M | $0 | 0.0% |
| 2016 | ($715.00M) | $0 | N/A (Loss) |
| 2015 | $484.00M | $0 | 0.0% |
| 2014 | $398.00M | $0 | 0.0% |
| 2013 | ($115.00M) | $0 | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Alcoa Corporation FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Alcoa Corporation FCF Payout Ratio FAQ
- What is the FCF payout ratio for Alcoa Corporation (AA)?
- The FCF payout ratio for AA stock is 36.37%.
- Is Alcoa Corporation's FCF payout ratio high or low?
- Alcoa Corporation's FCF payout ratio of 36.37% is 43% below its 5-year average of 64.36%, near the low end of its 5-year range (3.58%–214.29%).
- What is the TTM average FCF payout ratio for Alcoa Corporation (AA)?
- The TTM average FCF payout ratio for AA stock is 116.40%.
- What is the 3Y average FCF payout ratio for Alcoa Corporation (AA)?
- The 3Y average FCF payout ratio for AA stock is 84.62%.
- What is the 5Y average FCF payout ratio for Alcoa Corporation (AA)?
- The 5Y average FCF payout ratio for AA stock is 64.36%.
- What is the 10Y average FCF payout ratio for Alcoa Corporation (AA)?
- The 10Y average FCF payout ratio for AA stock is 64.36%.
- What is the 15Y average FCF payout ratio for Alcoa Corporation (AA)?
- The 15Y average FCF payout ratio for AA stock is 64.36%.
- What is the 20Y average FCF payout ratio for Alcoa Corporation (AA)?
- The 20Y average FCF payout ratio for AA stock is 64.36%.
Alcoa Corporation FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 18.52% |
| 2024-12-31 | 214.29% |
| 2022-12-31 | 21.05% |
| 2021-12-31 | 3.58% |
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