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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

ROIC
Return on Invested Capital

-1.8%
Current
5%
Average
-5.1%
Industry
Negative for the last year
-1.8%
Positive average
5%
Worse than average
Better than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-1.8%
=
NOPAT
-210.5m
/
Invested Capital
11.6B

ROIC Across Competitors

ROIC Comparison
Alcoa Corp Competitors

Country US
Market Cap 6.3B USD
ROIC
-2%
Country CN
Market Cap 124.3B CNY
ROIC
9%
Country IN
Market Cap 1.4T INR
ROIC
7%
Country NO
Market Cap 142.3B NOK
ROIC
4%
Country CN
Market Cap 92.4B HKD
ROIC
10%
Country MY
Market Cap 44.8B MYR
ROIC
12%
Country CN
Market Cap 7.2B USD
ROIC
7%
Country CN
Market Cap 50.4B CNY
ROIC
15%
Country RU
Market Cap 630.6B RUB
ROIC
1%
Country CN
Market Cap 42.2B CNY
ROIC
7%
Country CN
Market Cap 32.2B CNY
ROIC
5%

Profitability Report

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

See Also

Discover More
What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
-1.8%
=
NOPAT
-210.5m
/
Invested Capital
11.6B
What is the ROIC of Alcoa Corp?

Based on Alcoa Corp's most recent financial statements, the company has ROIC of -1.8%.