Want to see AA full AI Analyst Report?
Adjusted EBITDA by Segment
Provides a detailed look at profitability across different business units, highlighting which segments drive earnings and where there might be efficiency gains or challenges.Bauxite’s contribution has effectively vanished since 2023, concentrating Alcoa’s earnings risk in Alumina and—importantly—Aluminum. Aluminum has been the engine of the recent rebound (Q1 2026 strength backed by higher LME, San Ciprián restart, inventory repositioning and rising value‑add premiums), suggesting near‑term momentum is operationally driven and price‑sensitive. By contrast Alumina has swung from large gains in 2024 to negative in Q1 2026, making it the primary swing factor for margins, cash flow and short‑term guidance risk despite the company’s deleveraging actions.
Date | Bauxite | Alumina | Aluminum |
|---|---|---|---|
Jun 30, 2026 | $0.00 | -$96.00M | $1.07B |
Mar 31, 2026 | $0.00 | -$40.00M | $694.00M |
Dec 31, 2025 | $0.00 | $12.00M | $520.00M |
Sep 30, 2025 | $0.00 | $67.00M | $307.00M |
Jun 30, 2025 | $0.00 | $139.00M | $97.00M |
Mar 31, 2025 | $0.00 | $664.00M | $134.00M |
Dec 31, 2024 | $0.00 | $716.00M | $194.00M |
Sep 30, 2024 | $0.00 | $367.00M | $180.00M |
Jun 30, 2024 | $0.00 | $186.00M | $233.00M |
Mar 31, 2024 | $0.00 | $139.00M | $50.00M |