Alcoa Return On Assets from 2010 to 2024
| AA Stock | USD 37.68 0.67 1.75% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.05) | Current Value (0.04) | Quarterly Volatility 0.02565234 |
Check Alcoa Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alcoa Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 599.3 M, Interest Expense of 147.5 M or Selling General Administrative of 231 M, as well as many indicators such as Price To Sales Ratio of 0.43, Dividend Yield of 0.006 or PTB Ratio of 1.02. Alcoa financial statements analysis is a perfect complement when working with Alcoa Corp Valuation or Volatility modules.
Alcoa | Return On Assets |
Latest Alcoa Corp's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Alcoa Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Alcoa Corp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alcoa Corp's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Alcoa Return On Assets Regression Statistics
| Arithmetic Mean | (0.02) | |
| Coefficient Of Variation | (163.96) | |
| Mean Deviation | 0.02 | |
| Median | (0.01) | |
| Standard Deviation | 0.03 | |
| Sample Variance | 0.0007 | |
| Range | 0.0868 | |
| R-Value | (0.05) | |
| Mean Square Error | 0.0007 | |
| R-Squared | 0 | |
| Significance | 0.86 | |
| Slope | (0.0003) | |
| Total Sum of Squares | 0.01 |
Alcoa Return On Assets History
About Alcoa Corp Financial Statements
Alcoa Corp stakeholders use historical fundamental indicators, such as Alcoa Corp's Return On Assets, to determine how well the company is positioned to perform in the future. Although Alcoa Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Alcoa Corp's assets and liabilities are reflected in the revenues and expenses on Alcoa Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Alcoa Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | (0.05) | (0.04) |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (1.56) | Revenue Per Share 57.238 | Quarterly Revenue Growth 0.116 |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.