Alcoa Future Growth

Future criteria checks 3/6

Alcoa is forecast to grow earnings and revenue by 108.4% and 2.4% per annum respectively. EPS is expected to grow by 106.2% per annum. Return on equity is forecast to be 10.4% in 3 years.

Key information

108.4%

Earnings growth rate

106.2%

EPS growth rate

Metals and Mining earnings growth	9.6%
Revenue growth rate	2.4%
Future return on equity	10.4%
Analyst coverage	Good
Last updated	23 Aug 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:AAI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	11,468	513	212	783	6
12/31/2025	11,502	380	283	799	8
12/31/2024	11,379	-67	-2	433	8
6/30/2024	10,702	-550	-267	331	N/A
3/31/2024	10,480	-672	-518	31	N/A
12/31/2023	10,551	-651	-440	91	N/A
9/30/2023	10,619	-896	-503	11	N/A
6/30/2023	10,868	-1,474	-421	76	N/A
3/31/2023	11,828	-823	136	625	N/A
12/31/2022	12,451	-123	342	822	N/A
9/30/2022	13,128	-120	807	1,269	N/A
6/30/2022	13,386	963	1,153	1,570	N/A
3/31/2022	12,575	723	559	948	N/A
12/31/2021	12,152	429	530	920	N/A
9/30/2021	11,204	817	45	393	N/A
6/30/2021	10,460	431	-223	116	N/A
3/31/2021	9,775	-75	153	490	N/A
12/31/2020	9,286	-170	41	394	N/A
9/30/2020	9,330	-469	242	618	N/A
6/30/2020	9,532	-641	245	634	N/A
3/31/2020	10,095	-846	27	428	N/A
12/31/2019	10,433	-1,125	307	686	N/A
9/30/2019	11,341	-771	566	959	N/A
6/30/2019	12,164	-556	685	1,073	N/A
3/31/2019	13,032	-144	167	561	N/A
12/31/2018	13,403	250	49	448	N/A
9/30/2018	13,233	3	-33	368	N/A
6/30/2018	12,807	122	49	464	N/A
3/31/2018	12,087	187	N/A	1,205	N/A
12/31/2017	11,652	279	N/A	1,224	N/A
9/30/2017	11,015	288	N/A	1,008	N/A
6/30/2017	10,380	165	N/A	515	N/A
3/31/2017	9,844	35	N/A	122	N/A
12/31/2016	9,318	-400	N/A	-311	N/A
9/30/2016	9,232	-1,101	N/A	-497	N/A
6/30/2016	9,582	-1,215	N/A	-77	N/A
3/31/2016	10,223	-1,239	N/A	254	N/A
12/31/2015	11,199	-863	N/A	875	N/A
12/31/2014	13,147	-256	N/A	842	N/A
12/31/2013	12,573	-2,909	N/A	452	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AAI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: AAI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AAI is expected to become profitable in the next 3 years.

Revenue vs Market: AAI's revenue (2.4% per year) is forecast to grow slower than the Australian market (5.3% per year).

High Growth Revenue: AAI's revenue (2.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AAI's Return on Equity is forecast to be low in 3 years time (10.4%).