Risk factors
Alcoa (AA) risk factors
Item 1A of every Alcoa Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors29 risks4 new4 dropped7 reworded
Dual listing on the ASX introduces currency and schedule risks for Alcoa common stock.
Filed Feb 26, 2026 - FY2024 10-K risk factors29 risks
Alcoa's risk profile centers on the cyclicality and pricing volatility of aluminum, alumina, and raw material input costs. Global operations expose the company to geopolitical instability, regulatory hurdles, and complex environmental permitting and climate mandates. Financial leverage, credit ratings, and labor relations heavily constrain operational flexibility and capital allocation.
Filed Feb 20, 2025