MARKETS / COMPARE / AA VS MT

AA vs MT

Alcoa Corp. and ArcelorMittal, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

Metric AA MT
Revenue$12.8B$61.4B
Net income$1.2B$3.2B
Gross margin7.1%
Net margin9.0%5.1%
Return on equity22.4%6.1%
Diluted EPS$4.37$4.11
Dividend / share$0.10$0.60
Payout ratio9.0%17.2%
Free cash flow$567.0M
Equity$5.2B$54.5B
Net debt / equity0.27×0.15×
Current ratio1.44×1.36×
Revenue CAGR 5y6.7%2.9%
Profit CAGR 5y

MT bills 4.8× the revenue of AA, and AA keeps more of each dollar of revenue as profit (9.0% against 5.1%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.

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Revenue by year

10 years side by side

Fiscal year AA MT
FY2025$12.8B$61.4B
FY2024$11.9B$62.4B
FY2023$10.6B$68.3B
FY2022$12.5B$79.8B
FY2021$12.2B$76.6B
FY2020$9.3B$53.3B
FY2019$10.4B$70.6B
FY2018$13.4B$76.0B
FY2017$11.7B$68.7B
FY2016$9.3B$56.8B
Net income by year

Bottom line

Fiscal year AA MT
FY2025$1.2B$3.2B
FY2024$60.0M$1.3B
FY2023$-651.0M$919.0M
FY2022$-123.0M$9.3B
FY2021$429.0M$15.0B
FY2020$-170.0M$-733.0M
FY2019$-1.1B$-2.5B
FY2018$250.0M$5.1B
FY2017$279.0M$4.6B
FY2016$-400.0M$1.8B
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