What is the current annual net margin of AA?

As of today, AA annual net margin is 8.82%

What is 1-year change in AA annual net margin?

AA annual net margin is up +4310.00% year-over-year

What is 3-year change in AA annual net margin?

AA annual net margin is up +2840.00% over the past 3 years

How far is AA annual net margin from its all-time high?

AA annual net margin is currently -29.61% below its historical high of 12.53% set on December 1, 1989

How does AA annual net margin rank versus sector peers?

AA annual net margin is higher than 68.70% of companies in Basic Materials sector

When is AA next annual earnings release?

The next annual earnings release for AA is on January 21, 2027

What is the current quarterly net margin of AA?

As of today, AA quarterly net margin is 13.01%

What is AA quarterly net margin most recent change?

AA quarterly net margin was up +20.35% on September 30, 2026

What is 1-year change in AA quarterly net margin?

AA quarterly net margin is up +73.70% year-over-year

How far is AA quarterly net margin from its all-time high?

AA quarterly net margin is currently -27.16% below its historical high of 17.86% set on June 30, 2022

How does AA quarterly net margin rank versus sector peers?

AA quarterly net margin is higher than 66.49% of companies in Basic Materials sector

When is AA next earnings release?

The next earnings release for AA is on January 21, 2027

AA Net Margin History & Chart Since 1980

Annual Net Margin

8.82%8.62%+4,310.00%

December 31, 2025

Summary

Current Value: As of today, AA annual net margin is 8.82%, up +4310.00% on December 31, 2025
Historical Performance: AA annual net margin is up +2840.00% over the past 3 years, up +5980.00% over the past 5 years
All-Time High Comparison: AA annual net margin is currently -29.61% below its historical high of 12.53% set on December 1, 1989
3-Year Low Comparison: AA annual net margin is +222.16% above its 3-year low of -7.22% reached on December 31, 2023
Sector Comparison: AA annual net margin is higher than 68.70% of companies in Basic Materials sector

Net Margin Chart

beforeafter

Performance

AA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	8.82%	+4310.0%	+2840.0%	+5980.0%	+366.7%
Quarterly Net Margin	Sep 30, 26	13.01%	+73.7%	+278.9%	+12.2%	+272.8%
Price	Oct 30, 26	$39.19	+6.6%	+54.8%	-14.7%	+41.0%
PE Ratio	Oct 30, 26	6.76	-19.0%	–	-36.8%	-61.8%
Annual Revenue	Dec 31, 25	$13.19B	+8.3%	+3.4%	+40.7%	-37.6%
Annual Net Income	Dec 31, 25	$1.12B	+4562.5%	+2844.7%	+8092.9%	+180.4%
Annual Gross Margin	Dec 31, 25	12.23%	-0.5%	-19.3%	+49.9%	+4.4%
Annual Operating Margin	Dec 31, 25	9.71%	+1.5%	-27.0%	+71.0%	+53.1%

Net Margin Highs

AA Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	8.82%	Dec 31, 25	at high
5Y	8.82%	Dec 31, 25	at high
All	12.53%	Dec 1, 89	-29.6%

Net Margin Lows

AA Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-7.22%	Dec 31, 23	+222.2%
5Y	-7.22%	Dec 31, 23	+222.2%
All	-9.73%	Dec 31, 13	+190.7%

Net Margin History

Year	Value	Change
2025	8.82%	+4,310.0%
2024	0.20%	+102.8%
2023	-7.22%	-2,506.7%
2022	0.30%	-93.4%
2021	4.58%	+3,153.3%
2020	-0.15%	+98.2%
2019	-8.13%	-223.0%
2018	6.61%	+39.2%
2017	4.75%	+228.0%
2016	-3.71%	+43.7%
2015	-6.59%	-990.5%
2014	0.74%	+107.6%
2013	-9.73%	-1,530.9%
2012	0.68%	-78.9%
2011	3.22%	+70.4%
2010	1.89%	+137.2%
2009	-5.08%	-404.2%
2008	1.67%	-84.6%
2007	10.86%	+27.0%
2006	8.55%	+44.2%
2005	5.93%	-15.0%
2004	6.98%	+18.7%
2003	5.88%	+88.5%

Year	Value	Change
2002	3.12%	-36.1%
2001	4.88%	-40.1%
2000	8.15%	+2.6%
1999	7.94%	+11.7%
1998	7.11%	-11.8%
1997	8.06%	+46.0%
1996	5.52%	-32.6%
1995	8.19%	+34.5%
1994	6.09%	+174.3%
1993	2.22%	+26.9%
1992	1.75%	-20.8%
1991	2.21%	-63.8%
1990	6.10%	-51.3%
1989	12.53%	+18.4%
1988	10.58%	+167.8%
1987	3.95%	-30.2%
1986	5.66%	+1,868.8%
1985	-0.32%	-107.2%
1984	4.45%	+42.2%
1983	3.13%	+1,665.0%
1982	-0.20%	-103.4%
1981	5.95%	-34.8%
1980	9.13%	-

FAQ

What is the current annual net margin of AA?: As of today, AA annual net margin is 8.82%
What is 1-year change in AA annual net margin?: AA annual net margin is up +4310.00% year-over-year
What is 3-year change in AA annual net margin?: AA annual net margin is up +2840.00% over the past 3 years
How far is AA annual net margin from its all-time high?: AA annual net margin is currently -29.61% below its historical high of 12.53% set on December 1, 1989
How does AA annual net margin rank versus sector peers?: AA annual net margin is higher than 68.70% of companies in Basic Materials sector
When is AA next annual earnings release?: The next annual earnings release for AA is on January 21, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

13.01%2.20%+20.35%

September 30, 2026

Summary

Current Value: As of today, AA quarterly net margin is 13.01%, up +20.35% on September 30, 2026
Historical Performance: AA quarterly net margin is up +73.70% year-over-year, up +278.95% over the past 3 years
All-Time High Comparison: AA quarterly net margin is currently -27.16% below its historical high of 17.86% set on June 30, 2022
3-Year Low Comparison: AA quarterly net margin is +212.35% above its 3-year low of -11.58% reached on March 31, 2024
Sector Comparison: AA quarterly net margin is higher than 66.49% of companies in Basic Materials sector

Performance

AA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	13.01%	+20.4%	+73.7%	+278.9%	+12.2%
Annual Net Margin	Dec 31, 25	8.82%	–	+4310.0%	+2840.0%	+5980.0%
Price	Oct 30, 26	$39.19	-12.8%	+6.6%	+54.8%	-14.7%
PE Ratio	Oct 30, 26	6.76	-26.7%	-19.0%	–	-36.8%
Quarterly Revenue	Sep 30, 26	$3.70B	-2.1%	+27.3%	+39.6%	+16.1%
Quarterly Net Income	Sep 30, 26	$482.00M	+17.9%	+121.1%	+349.7%	+30.3%
Quarterly Gross Margin	Sep 30, 26	19.06%	+13.3%	+296.3%	+2196.4%	-14.3%
Quarterly Operating Margin	Sep 30, 26	16.23%	+17.1%	+827.4%	+1101.8%	-20.2%

Quarterly Net Margin Highs

AA Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	13.61%	Mar 31, 26	-4.4%
3Y	16.74%	Mar 31, 25	-22.3%
5Y	17.86%	Jun 30, 22	-27.2%
All	17.86%	Jun 30, 22	-27.2%

Quarterly Net Margin Lows

AA Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	5.29%	Dec 31, 25	+145.9%
3Y	-11.58%	Mar 31, 24	+212.3%
5Y	-26.65%	Sep 30, 22	+148.8%
All	-41.31%	Dec 1, 13	+131.5%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	13.01%	+20.4%
Jun 2026	10.81%	-20.6%
Mar 2026	13.61%	+157.3%
Dec 2025	5.29%	-29.4%
Sep 2025	7.49%	+45.7%
Jun 2025	5.14%	-69.3%
Mar 2025	16.74%	+229.5%
Dec 2024	5.08%	+46.8%
Sep 2024	3.46%	+214.5%
Jun 2024	1.10%	+109.5%
Mar 2024	-11.58%	-32.5%
Dec 2023	-8.74%	-20.2%
Sep 2023	-7.27%	-63.4%
Jun 2023	-4.45%	+47.5%
Mar 2023	-8.48%	+42.6%
Dec 2022	-14.78%	+44.5%
Sep 2022	-26.65%	-249.2%
Jun 2022	17.86%	+9.9%
Mar 2022	16.25%	+251.2%
Dec 2021	-10.75%	-192.7%
Sep 2021	11.60%	-3.8%
Jun 2021	12.06%	+60.2%
Mar 2021	7.53%	+975.7%
Dec 2020	0.70%	+183.3%
Sep 2020	-0.84%	+87.9%
Jun 2020	-6.96%	-220.2%
Mar 2020	5.79%	+140.0%
Dec 2019	-14.48%	-154.0%
Sep 2019	-5.70%	+46.9%
Jun 2019	-10.74%	-406.6%
Mar 2019	-2.12%	-131.5%
Dec 2018	6.74%	+18.2%
Sep 2018	5.70%	+57.0%
Jun 2018	3.63%	-66.7%
Mar 2018	10.91%	+727.0%
Dec 2017	-1.74%	-130.9%
Sep 2017	5.64%	+18.0%
Jun 2017	4.78%	-58.5%
Mar 2017	11.52%	+327.2%
Dec 2016	-5.07%	-1,279.1%
Sep 2016	0.43%	+182.7%
Jun 2016	-0.52%	+94.9%
Mar 2016	-10.12%	+5.6%
Dec 2015	-10.72%	-664.2%
Sep 2015	1.90%	-45.9%
Jun 2015	3.51%	-20.0%
Mar 2015	4.39%	+143.9%
Dec 2014	1.80%	-14.3%
Sep 2014	2.10%	-5.0%
Jun 2014	2.21%	+161.2%
Mar 2014	-3.61%	+91.3%
Dec 2013	-41.31%	-5,535.5%
Sep 2013	0.76%	+130.0%
Jun 2013	-2.53%	-186.9%
Mar 2013	2.91%	-33.4%
Dec 2012	4.37%	+245.2%
Sep 2012	-3.01%	-840.6%
Jun 2012	-0.32%	-119.4%

Month	Value	Change
Mar 2012	1.65%	+160.2%
Dec 2011	-2.74%	-178.5%
Sep 2011	3.49%	-39.2%
Jun 2011	5.74%	-6.1%
Mar 2011	6.11%	+19.6%
Dec 2010	5.11%	+143.3%
Sep 2010	2.10%	-33.8%
Jun 2010	3.17%	+190.1%
Mar 2010	-3.52%	+30.3%
Dec 2009	-5.05%	-298.8%
Sep 2009	2.54%	+133.1%
Jun 2009	-7.68%	+30.0%
Mar 2009	-10.97%	+44.8%
Dec 2008	-19.86%	-507.8%
Sep 2008	4.87%	-39.7%
Jun 2008	8.08%	+61.0%
Mar 2008	5.02%	-46.1%
Dec 2007	9.31%	+8.5%
Sep 2007	8.58%	-16.2%
Jun 2007	10.24%	+2.8%
Mar 2007	9.96%	+119.4%
Dec 2006	4.54%	-46.6%
Sep 2006	8.50%	-24.0%
Jun 2006	11.18%	+12.5%
Mar 2006	9.94%	+121.9%
Dec 2005	4.48%	-17.6%
Sep 2005	5.44%	-34.5%
Jun 2005	8.31%	+57.7%
Mar 2005	5.27%	-19.0%
Dec 2004	6.51%	+4.0%
Sep 2004	6.26%	-20.1%
Jun 2004	7.83%	+11.5%
Mar 2004	7.02%	+1.4%
Dec 2003	6.92%	+9.3%
Sep 2003	6.33%	+14.5%
Jun 2003	5.53%	+11.3%
Mar 2003	4.97%	+322.9%
Dec 2002	-2.23%	-148.2%
Sep 2002	4.63%	-13.0%
Jun 2002	5.32%	+17.7%
Mar 2002	4.52%	+305.5%
Dec 2001	-2.20%	-131.0%
Sep 2001	7.09%	+25.3%
Jun 2001	5.66%	-30.1%
Mar 2001	8.10%	+8.0%
Dec 2000	7.50%	+2.9%
Sep 2000	7.29%	-12.2%
Jun 2000	8.30%	-18.2%
Mar 2000	10.15%	-2.4%
Dec 1999	10.40%	+34.5%
Sep 1999	7.73%	+6.2%
Jun 1999	7.28%	+17.4%
Mar 1999	6.20%	-5.6%
Dec 1998	6.57%	+1.4%
Sep 1998	6.48%	-13.7%
Jun 1998	7.51%	-7.5%
Mar 1998	8.12%	-

FAQ

What is the current quarterly net margin of AA?: As of today, AA quarterly net margin is 13.01%
What is AA quarterly net margin most recent change?: AA quarterly net margin was up +20.35% on September 30, 2026
What is 1-year change in AA quarterly net margin?: AA quarterly net margin is up +73.70% year-over-year
How far is AA quarterly net margin from its all-time high?: AA quarterly net margin is currently -27.16% below its historical high of 17.86% set on June 30, 2022
How does AA quarterly net margin rank versus sector peers?: AA quarterly net margin is higher than 66.49% of companies in Basic Materials sector
When is AA next earnings release?: The next earnings release for AA is on January 21, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

AA Official Website www.alcoa.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1675149/000119312526019438/0001193125-26-019438-index.htm
AA Profile on Yahoo Finance finance.yahoo.com/quote/AA
AA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/aa