AlcoaXSWX:AA 69 Debt-to-EBITDA is 0.88 as of Mar. 2026, which is 46% below its 10-year median of 1.64. GuruFocus rates XSWX:AA with a GF Score™ of 69/100 and a GF Value™ of CHF24.76. The stock has 7 warning signs investors should review. Among 596 Metals & Mining companies, Alcoa ranks worse than 53.86% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Alcoa's Debt-to-EBITDA or its related term are showing as below:
XSWX:AA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.68 Med: 1.64 Max: 12.72
Current: 1.46
During the past 13 years, the highest Debt-to-EBITDA Ratio of Alcoa was 12.72. The lowest was 0.68. And the median was 1.64.
XSWX:AA's Debt-to-EBITDA is ranked worse than 53.86% of 596
companies
in the Metals & Mining industry
Industry Median: 1.235
vs XSWX:AA: 1.46
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Alcoa Debt-to-EBITDA Related Terms
Alcoa Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Alcoa's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:AA vs CENX, CSTM, KALU: Debt-to-EBITDA Comparison
For the Aluminum subindustry, Alcoa's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alcoa Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcoa's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Alcoa's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Alcoa (XSWX:AA) has a Debt-to-EBITDA of 0.88 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alcoa. This is 46% below median its historical median of 1.64. Over the past decade, Alcoa's Debt-to-EBITDA has ranged from 0.68 to 12.72. According to the industry distribution chart, Alcoa ranks #321 out of 596 companies in the Metals & Mining industry, placing it in the top 53.9%.
Is Alcoa's Debt-to-EBITDA too high?
Alcoa's current Debt-to-EBITDA of 0.88 is 46% below median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 12.72. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Alcoa's value of 0.88 is 28.7% below this industry median. Based on the distribution chart, Alcoa ranks #321 out of 596 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Alcoa has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Alcoa's Debt-to-EBITDA compare to CENX and CSTM?
According to the Metals & Mining industry distribution chart, Alcoa ranks #321 out of 596 companies for Debt-to-EBITDA. This places Alcoa in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. Alcoa's value of 0.88 is 28.7% below this benchmark. Historically, Alcoa's own Debt-to-EBITDA has ranged from 0.68 to 12.72 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 1.24, Alcoa has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.24, based on 596 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alcoa's current Debt-to-EBITDA of 0.88 is 28.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Alcoa. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alcoa's current Debt-to-EBITDA is 0.88, which is 46% below median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alcoa stock overvalued right now?
Alcoa (XSWX:AA) has a current Debt-to-EBITDA of 0.88. The stock's GF Value™ is CHF24.76, compared to a current price of CHF39.20 — trading 58.3% above its estimated fair value. The current Debt-to-EBITDA is 0.88, which is 46% below median its 10-year median of 1.64 and 28.7% below the Metals & Mining industry median of 1.24. Alcoa's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Alcoa (XSWX:AA), the current Debt-to-EBITDA is 0.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Alcoa (XSWX:AA) Overvalued in 2026?
Based on GuruFocus' analysis, Alcoa stock appears to be overvalued.
The current stock price of CHF39.20 is trading 58.3% above its estimated GF Value™ of CHF24.76.
Key valuation signals for XSWX:AA:
Debt-to-EBITDA: 0.88 (46% below median its 10-year median of 1.64)
GF Value™: CHF24.76 vs. price of CHF39.20 (58.3% above fair value)
Industry Position: 28.7% below the Metals & Mining median (#321 of 596)
No single metric tells the full story. See the XSWX:AA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alcoa is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and manufacturing primary aluminum. It is one of the world's largest bauxite miners and alumina refiners by production volume, but sits outside the top-10 aluminum producers, a list dominated by Chinese companies. Profits are closely tied to prevailing commodity prices along the aluminum supply chain.Alcoa was the first mass producer of aluminum, launching the world-changing Hall-Heroult smelting process in the 1880s, making aluminum affordable. It listed as a public company in 1925. In 2016, Alcoa spun off its automotive and aerospace metal parts segment to focus on mining, smelting, and refining. It bought the 40% unowned balance of AWAC in mid-2024.
69GF Score
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