Alcoa Corporation (AA)

Alcoa Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,146	60	-651	-123	429	-170
Depreciation & Amortization	620	642	632	617	664	653
Loss (Gain) From Sale of Assets	-766	37	18	10	-354	-173
Asset Writedown & Restructuring Costs	683	29	59	-63	31	7
Loss (Gain) on Equity Investments	-3	-2	201	4	-138	20
Stock-Based Compensation	38	36	35	40	39	25
Other Operating Activities	121	335	91	1,202	1,500	399
Change in Accounts Receivable	-190	-493	104	-59	-414	16
Change in Inventory	-89	51	243	-547	-639	122
Change in Accounts Payable	79	190	-74	189	354	25
Change in Income Taxes	126	95	-146	-152	301	119
Change in Other Net Operating Assets	-435	-358	-421	-296	-853	-649
Operating Cash Flow	1,063	622	91	822	920	394
Operating Cash Flow Growth	162.47%	583.52%	-88.93%	-10.65%	133.50%	-42.57%
Capital Expenditures	-544	-580	-531	-480	-390	-353
Sale of Property, Plant & Equipment	4	3	4	5	966	198
Investment in Securities	112	-37	-70	-22	-11	-12
Other Investing Activities	3	6	12	2	-	-
Investing Cash Flow	-425	-608	-585	-495	565	-167
Long-Term Debt Issued	-	1,032	127	4	495	739
Total Debt Issued	1,083	1,032	127	4	495	739
Long-Term Debt Repaid	-	-679	-72	-1	-1,294	-1
Total Debt Repaid	-1,463	-679	-72	-1	-1,294	-1
Net Debt Issued (Repaid)	-380	353	55	3	-799	738
Issuance of Common Stock	-	-	1	22	25	1
Repurchase of Common Stock	-5	-15	-34	-519	-151	-1
Preferred Dividends Paid	-2	-1	-	-	-	-
Common Dividends Paid	-104	-89	-72	-72	-19	-
Dividends Paid	-106	-90	-72	-72	-19	-
Other Financing Activities	2	-47	107	-202	-214	-224
Financing Cash Flow	-489	201	57	-768	-1,158	514
Foreign Exchange Rate Adjustments	15	-28	10	-9	-13	-14
Net Cash Flow	164	187	-427	-450	314	727
Free Cash Flow	519	42	-440	342	530	41
Free Cash Flow Growth	-	-	-	-35.47%	1192.68%	-86.65%
Free Cash Flow Margin	4.03%	0.35%	-4.17%	2.75%	4.36%	0.44%
Free Cash Flow Per Share	1.98	0.20	-2.47	1.89	2.79	0.22
Cash Interest Paid	132	132	100	100	191	135
Cash Income Tax Paid	157	157	319	504	152	183
Levered Free Cash Flow	1,046	630.38	338.63	223	1,683	324.63
Unlevered Free Cash Flow	1,163	727.88	405.5	289.25	1,805	415.88
Change in Working Capital	-509	-515	-294	-865	-1,251	-367

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q