earnings
confidence high
sentiment positive
materiality 0.80
Alcoa Q1 net income $548M; adjusted EBITDA $855M; debt repositioning & JV signed
Alcoa Corp
2025-Q1 EPS reported
$2.07
revenue$3,369,000,000
- Net income $548M ($2.07 EPS) vs $202M in Q4 2024; adjusted net income $568M ($2.15 EPS).
- Revenue $3.37B, down 3% sequentially; alumina shipments down 8%, aluminum shipments down 5%.
- Adjusted EBITDA ex-special items $855M, up 26% sequentially, driven by higher aluminum prices.
- Incurred $20M in U.S. Section 232 tariffs on Canadian aluminum imports; actively engaging policymakers.
- Completed $1B notes issuance (6.125%-6.375% due 2030/32) and tendered $890M of existing debt.