AA FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
AA's fcf yield is right around its 10-year median of 2.4%.
FCF Yield History
AA FCF Yield by year
Yearly range of AA’s fcf yield from 2016 to 2026. Over the full period it ranged from -24.6% to 30.0%, averaging 2.2%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 1.3% | 2.6% | 3.8% | 2.8% |
| 2025 | 0.4% | 4.8% | 7.9% | 4.1% |
| 2024 | -9.7% | -5.5% | 0.4% | 0.4% |
| 2023 | -12.1% | -3.1% | 4.9% | -8.3% |
| 2022 | 3.0% | 8.2% | 18.0% | 9.9% |
| 2021 | -3.7% | 0.2% | 4.8% | 4.8% |
| 2020 | 1.0% | 8.3% | 30.0% | 1.0% |
| 2019 | 0.9% | 9.4% | 22.1% | 7.7% |
| 2018 | -0.7% | 4.4% | 10.0% | 1.0% |
| 2017 | -13.6% | -1.6% | 8.0% | 6.0% |
| 2016 | -24.6% | -17.8% | -12.1% | -17.3% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is AA FCF Yield High or Low Right Now?
Alcoa Corporation's FCF Yield is currently 2.8%, which is around average relative to its 10-year historical range. The 10-year median FCF Yield for AA is approximately 2.4%. See all AA valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.