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Alcoa Corp
NYSE:AA

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Alcoa Corp
NYSE:AA
Watchlist
Price: 35.75 USD -1.65% Market Closed
Updated: Apr 23, 2024

ROA
Return on Assets

-4.7%
Current
-1%
Average
-7.2%
Industry
Negative for the last year
-4.7%
Negative average
-1%
Worse than average
Better than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-4.7%
=
Net Income
-672m
/
Total Assets
14.3B

ROA Across Competitors

ROA Comparison
Alcoa Corp Competitors

Country US
Market Cap 6.4B USD
ROA
-5%
Country IN
Market Cap 1.4T INR
ROA
4%
Country CN
Market Cap 117.3B CNY
ROA
3%
Country NO
Market Cap 136.7B NOK
ROA
2%
Country CN
Market Cap 91.9B HKD
ROA
6%
Country MY
Market Cap 44.3B MYR
ROA
8%
Country CN
Market Cap 7.2B USD
ROA
3%
Country RU
Market Cap 633.1B RUB
ROA
1%
Country CN
Market Cap 47.4B CNY
ROA
10%
Country CN
Market Cap 38.1B CNY
ROA
5%
Country CN
Market Cap 31.6B CNY
ROA
4%

Profitability Report

View the profitability report to see the full profitability analysis for Alcoa Corp.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
-4.7%
=
Net Income
-672m
/
Total Assets
14.3B
What is the ROA of Alcoa Corp?

Based on Alcoa Corp's most recent financial statements, the company has ROA of -4.7%.