AA EV/EBITDA: current value, 10-year range and year-by-year history
Cash & Leverage
AA's ev/ebitda is higher than 65% of the last 10 years.
EV/EBITDA History
AA EV/EBITDA by year
Yearly range of AA’s ev/ebitda from 2016 to 2026. Over the full period it ranged from 2.2 to 482.9, averaging 28.0.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 6.1 | 9.3 | 14.0 | 7.1 |
| 2025 | 3.5 | 6.2 | 10.9 | 8.2 |
| 2024 | 10.5 | 128.9 | 482.9 | 10.5 |
| 2023 | 5.1 | 10.4 | 16.6 | 13.4 |
| 2022 | 2.3 | 4.9 | 8.6 | 5.2 |
| 2021 | 3.9 | 5.5 | 7.6 | 5.4 |
| 2020 | 4.0 | 6.5 | 12.7 | 5.5 |
| 2019 | 2.2 | 3.2 | 12.7 | 12.7 |
| 2018 | 2.3 | 4.1 | 5.5 | 2.3 |
| 2017 | 4.3 | 6.4 | 11.3 | 6.1 |
| 2016 | 268.9 | 338.4 | 393.6 | 353.4 |
Get notified when AA EV/EBITDA crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
An acquisition-style valuation multiple: Enterprise Value (market cap + net debt) divided by operating earnings before accounting adjustments. Compares companies fairly regardless of their capital structure.
(Market Cap + Net Debt) / EBITDAUnlike P/E, this metric accounts for debt — two companies with identical operations but different leverage will show similar EV/EBITDA. Low vs history suggests the total business is modestly priced.
- EBITDA ignores capital expenditure. For asset-heavy businesses (airlines, mining, utilities), this understates the real cost — use EV/EBIT or EV/FCF instead.
- Large acquisitions temporarily spike net debt and can distort the ratio for 1–2 years during integration.
Is AA EV/EBITDA High or Low Right Now?
Alcoa Corporation's EV/EBITDA is currently 7.1, which is above average relative to its 10-year historical range. The 10-year median EV/EBITDA for AA is approximately 5.5. See all AA valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.