Alcoa releases 2021 Annual Report

Alcoa Corporation achieved several milestones in 2021 that made it a transformative year for our Company, which is now in its best financial position since inception in November of 2016.

We drove strong profitability, significantly reduced our debt and pension obligations, continued to make progress on improving our portfolio of assets, and generated cash from the sale of non-core assets. Due to the strength of our Company and our positive outlook, we also announced our first cash dividend in the fourth quarter and expanded our share repurchase program. We ended the year with return on equity of 33 percent and a cash balance of $1.9 billion.

Today, we are in an enviable position, well positioned for all market cycles and ready to drive value now and into the future, motivated by a clear vision and purpose.

Click here to learn more about our commitments and progress in our 2021 Annual Report.