Alcoa Historical Income Statement
| AA Stock | USD 37.68 0.67 1.75% |
Historical analysis of Alcoa Corp income statement accounts such as Interest Expense of 147.5 M or Selling General Administrative of 231 M can show how well Alcoa Corp performed in making a profits. Evaluating Alcoa Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Alcoa Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Alcoa Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Alcoa Corp is a good buy for the upcoming year.
Alcoa |
About Alcoa Income Statement Analysis
Alcoa Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Alcoa Corp shareholders. The income statement also shows Alcoa investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Alcoa Corp Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Alcoa Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Alcoa Corp minus its cost of goods sold. It is profit before Alcoa Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Alcoa Corp. It is also known as Alcoa Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Alcoa Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Alcoa Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Alcoa Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Alcoa Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.At present, Alcoa Corp's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 231 M, whereas Depreciation And Amortization is forecasted to decline to about 599.3 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 195M | 106M | 107M | 147.5M | Depreciation And Amortization | 664M | 617M | 632M | 599.3M |
Alcoa Corp income statement Correlations
Click cells to compare fundamentals
Alcoa Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Alcoa Corp income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 713M | 653M | 664M | 617M | 632M | 599.3M | |
| Interest Expense | 121M | 146M | 195M | 106M | 107M | 147.5M | |
| Selling General Administrative | 280M | 206M | 227M | 204M | 226M | 231.0M | |
| Total Revenue | 10.5B | 9.4B | 12.4B | 12.8B | 10.6B | 9.2B | |
| Gross Profit | 1.2B | 765M | 2.6B | 1.9B | 86M | 81.7M | |
| Other Operating Expenses | 9.6B | 8.9B | 10.1B | 11.1B | 10.7B | 8.4B | |
| Operating Income | 714M | 423M | 2.5B | 1.5B | (227M) | (215.7M) | |
| Ebit | 714M | 371M | 2.1B | 1.4B | (477M) | (453.2M) | |
| Ebitda | 1.4B | 1.0B | 2.7B | 2.0B | 155M | 147.3M | |
| Cost Of Revenue | 9.3B | 8.6B | 9.8B | 10.8B | 10.5B | 10.9B | |
| Total Operating Expenses | 1.0B | 886M | 922M | 236M | 265M | 251.8M | |
| Income Before Tax | (438M) | 173M | 1.2B | 723M | (584M) | (554.8M) | |
| Total Other Income Expense Net | (1.2B) | (359M) | (1.5B) | (995M) | (357M) | (374.9M) | |
| Net Income | (853M) | (14M) | 429M | 59M | (651M) | (683.6M) | |
| Income Tax Expense | 415M | 187M | 629M | 664M | 189M | 179.6M | |
| Net Income From Continuing Ops | (853M) | (14M) | 570M | 59M | (773M) | (734.4M) | |
| Net Income Applicable To Common Shares | (1.1B) | (170M) | 429M | (102M) | (117.3M) | (123.2M) | |
| Minority Interest | 1.8B | 156M | (141M) | (161M) | 122M | 115.9M | |
| Tax Provision | 415M | 187M | 629M | 664M | 189M | 179.6M | |
| Interest Income | 185M | 146M | 195M | 106M | 95.4M | 152.9M | |
| Net Interest Income | (121M) | (146M) | (195M) | (106M) | (107M) | (112.4M) | |
| Non Recurring | 1.0B | 104M | 1.1B | 696M | 800.4M | 646.3M | |
| Non Operating Income Net Other | (162M) | (8M) | 445M | 118M | 135.7M | 74.8M | |
| Reconciled Depreciation | 713M | 653M | 664M | 617M | 632M | 544.5M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.