Alcoa Corporation
AA
$46.14 -2.33%
Exchange: NYSE | Sector: Basic Materials | Industry: Aluminum
Q4 2024
Published: Feb 20, 2025

Earnings Highlights

  • Revenue of $3.49B up 34.3% year-over-year
  • EPS of $0.76 increased by 191.7% from previous year
  • Gross margin of 22.1%
  • Net income of 202.00M
  • ""We completed the Illumina Limited acquisition and initiated the sale of our investment in the Ma'aden joint ventures valued today at about $1.3 billion."" - William Oplinger
AA
Alcoa Corporation

Executive Summary

Alcoa Corporation reported a robust recovery in Q4 2024, achieving a revenue of $3.486 billion, a substantial 20% increase sequentially driven by higher alumina prices and increased shipments. The company recorded a net income of $202 million, which is a significant turnaround from $90 million in the previous quarter. CEO William Oplinger emphasized the successful execution of the $645 million profitability improvement program and the company's commitment to debt reduction strategies. With safety metrics improving and production increasing across smelters, Alcoa is setting a positive trajectory for growth entering 2025, despite existing market pressures and potential tariff uncertainties.

Key Performance Indicators

Revenue
Increasing
3.49B
QoQ: 20.04% | YoY: 34.34%
Gross Profit
Increasing
772.00M
22.15% margin
QoQ: 51.08% | YoY: 354.12%
Operating Income
Increasing
467.00M
QoQ: 153.80% | YoY: 706.49%
Net Income
Increasing
202.00M
QoQ: 124.44% | YoY: 234.67%
EPS
Increasing
0.77
QoQ: 97.44% | YoY: 191.67%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 2,995.00 0.88 +3.1% View
Q2 2025 3,018.00 0.62 +3.9% View
Q1 2025 3,369.00 2.07 +29.6% View
Q4 2024 3,486.00 0.76 +34.3% View
Q3 2024 2,904.00 0.38 +11.6% View