Alcoa Corporation (AA)

Alcoa Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	10,480	10,551	12,451	12,152	9,286	10,433
Revenue Growth (YoY)	-11.40%	-15.26%	2.46%	30.86%	-10.99%	-22.16%
Cost of Revenue	9,813	9,813	10,212	9,153	7,969	8,537
Gross Profit	667	738	2,239	2,999	1,317	1,896
Selling, General & Admin	232	226	204	227	206	280
Research & Development	40	39	32	31	27	27
Other Operating Expenses	1,016	950	1,195	1,347	765	1,906
Operating Expenses	1,288	1,215	1,431	1,605	998	2,213
Operating Income	-621	-477	808	1,394	319	-317
Interest Expense / Income	108	107	106	195	146	121
Other Expense / Income	-176	-122	161	141	156	272
Pretax Income	-553	-462	541	1,058	17	-710
Income Tax	119	189	664	629	187	415
Net Income	-672	-651	-123	429	-170	-1,125
Shares Outstanding (Basic)	180	178	177	187	186	186
Shares Change	0.68%	0.87%	-5.43%	0.63%	0.19%	-0.49%
EPS (Basic)	-3.76	-3.65	-0.68	2.30	-0.91	-6.07
EPS (Diluted)	-3.76	-3.65	-0.68	2.26	-0.91	-6.07
Free Cash Flow	-518	-440	342	530	41	307
Free Cash Flow Per Share	-2.88	-2.46	1.93	2.83	0.22	1.65
Dividend Per Share	0.400	0.400	0.400	0.100	-	-
Dividend Growth	0%	0%	300.00%	-	-	-
Gross Margin	6.36%	6.99%	17.98%	24.68%	14.18%	18.17%
Operating Margin	-5.93%	-4.52%	6.49%	11.47%	3.44%	-3.04%
Profit Margin	-6.41%	-6.17%	-0.99%	3.53%	-1.83%	-10.78%
Free Cash Flow Margin	-4.94%	-4.17%	2.75%	4.36%	0.44%	2.94%
Effective Tax Rate	-	-	122.74%	59.45%	1100.00%	-
EBITDA	195	277	1,264	1,917	816	124
EBITDA Margin	1.86%	2.63%	10.15%	15.78%	8.79%	1.19%
Depreciation & Amortization	640	632	617	664	653	713
EBIT	-445	-355	647	1,253	163	-589
EBIT Margin	-4.25%	-3.36%	5.20%	10.31%	1.76%	-5.65%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).