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Alcoa Corp
NYSE:AA

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Alcoa Corp
NYSE:AA
Watchlist
Price: 35.485 USD 0.04% Market Closed
Updated: Apr 20, 2024

ROE
Return on Equity

-14%
Current
-0.5%
Average
-5.4%
Industry
Negative for the last year
-14%
Negative average
-0.5%
Worse than average
Worse than industry value

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-14%
=
Net Income
-651m
/
Equity
4.5B

ROE Across Competitors

ROE Comparison
Alcoa Corp Competitors

Country US
Market Cap 6.3B USD
ROE
-14%
Country CN
Market Cap 124.3B CNY
ROE
12%
Country IN
Market Cap 1.4T INR
ROE
10%
Country NO
Market Cap 142.3B NOK
ROE
4%
Country CN
Market Cap 92.4B HKD
ROE
13%
Country MY
Market Cap 44.8B MYR
ROE
18%
Country CN
Market Cap 7.2B USD
ROE
10%
Country CN
Market Cap 50.4B CNY
ROE
16%
Country RU
Market Cap 630.6B RUB
ROE
2%
Country CN
Market Cap 42.2B CNY
ROE
7%
Country CN
Market Cap 32.2B CNY
ROE
9%

Profitability Report

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

See Also

Discover More
What is Return on Equity?

ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.

ROE
-14%
=
Net Income
-651m
/
Equity
4.5B
What is the ROE of Alcoa Corp?

Based on Alcoa Corp's most recent financial statements, the company has ROE of -14%.