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Alcoa vs Century Aluminum

Alcoa is the larger business, with $12.83bn of revenue in fiscal 2025 against $2.53bn for Century Aluminum (5.1 times as much). Century Aluminum grew faster (13.9% against 7.9%). Alcoa kept more of each dollar of sales as profit: a net margin of 9.0% against 1.7%. Alcoa carries less debt relative to equity (40.0% against 68.1%).

Latest fiscal yearAlcoaAA, 2025Century AluminumCENX, 2025
Revenue $12.83bn $2.53bn
Revenue growth 7.9% 13.9%
Net income $1.16bn $41.8m
Operating margin — 6.3%
Net margin 9.0% 1.7%
Return on equity 20.5% 5.6%
Free cash flow $567m $84.8m
Cash $1.60bn $134m
Total debt $2.45bn $548m
Debt to equity 40.0% 68.1%
Dividend per share — —
Dividend yield 1.0% —
Share buybacks — —
Employees 14,900 2,906
Market value $10.51bn $3.29bn
Price vs our value range Within our value range Above our value range
Moat score 36 (Weak) 28 (Weak)
Insider trades, 12 months 0 buys, 4 sales 0 buys, 13 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.