AlcoaMIL:1AA 41 FCF Margin % is -9.33% as of Mar. 2026. GuruFocus rates MIL:1AA with a GF Score™ of 41/100 and a GF Value™ of €26.19 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 847 Metals & Mining companies, Alcoa ranks better than 62.22% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Alcoa's Free Cash Flow for the
three
months ended in Mar. 2026 was €-258 Mil. Alcoa's Revenue for the
three
months ended in Mar. 2026 was €2,762 Mil. Therefore, Alcoa's FCF Margin % for the quarter that ended in Mar. 2026 was -9.33%.
The historical rank and industry rank for Alcoa's FCF Margin % or its related term are showing as below:
MIL:1AA'
s FCF Margin % Range Over the Past 10 Years
Min: -7.67 Med: 1.6 Max: 7.03
Current: 2.27
During the past 13 years, the highest FCF Margin % of Alcoa was 7.03%. The lowest was -7.67%. And the median was 1.60%.
MIL:1AA's FCF Margin % is ranked better than 62.22% of 847
companies
in the Metals & Mining industry
Industry Median: -2.17
vs MIL:1AA: 2.27
Alcoa FCF Margin % Related Terms
Alcoa FCF Margin % Historical Data
* Premium members only.
The historical data trend for Alcoa's FCF Margin % 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.
MIL:1AA vs CENX, CSTM, KALU: FCF Margin % Comparison
For the Aluminum subindustry, Alcoa's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alcoa's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Alcoa's FCF Margin % 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.
Alcoa (MIL:1AA) has a FCF Margin % of -9.33% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Alcoa and its competitors. According to the industry distribution chart, Alcoa ranks #320 out of 847 companies in the Metals & Mining industry, placing it in the top 37.8%.
Is Alcoa's FCF Margin % too high?
Alcoa's current FCF Margin % is -9.33%. Based on the distribution chart, Alcoa ranks #320 out of 847 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Alcoa has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Alcoa's FCF Margin % compare to CENX and CSTM?
According to the Metals & Mining industry distribution chart, Alcoa ranks #320 out of 847 companies for FCF Margin %. This puts Alcoa in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Metals & Mining company?
A good FCF Margin % depends on the Metals & Mining industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Alcoa and its competitors. Alcoa's current FCF Margin % is -9.33%. 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?
Based on GuruFocus' analysis, Alcoa (MIL:1AA) is currently considered Significantly Overvalued. The stock's GF Value™ is €26.19, compared to a current price of €47.96 — trading 83.1% above its estimated fair value. The current FCF Margin % is -9.33%. Alcoa's overall GF Score™ is 41/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Alcoa (MIL:1AA), the current FCF Margin % is -9.33% 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 (MIL:1AA) Overvalued in 2026?
Based on GuruFocus' analysis, Alcoa stock appears to be overvalued.
The current stock price of €47.96 is trading 83.1% above its estimated GF Value™ of €26.19.
GuruFocus considers Alcoa to be Significantly Overvalued.
Key valuation signals for MIL:1AA:
FCF Margin %: -9.33%
GF Value™: €26.19 vs. price of €47.96 (83.1% above fair value)
No single metric tells the full story. See the MIL:1AA 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.
41GF Score
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