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Arconic Corp Stock Research

ARNC

Market Closed
Watchlist

ARNC Alerts

ARNC Stock Price

ARNC RSI Chart

ARNC Valuation

Market Cap

3.0B

Price/Earnings (Trailing)

-14.85

Price/Sales (Trailing)

0.34

EV/EBITDA

22.43

Price/Free Cashflow

17.39

ARNC Price/Sales (Trailing)

ARNC Profitability

EBT Margin

-2.43%

Return on Equity

-14.24%

Return on Assets

-3.26%

Free Cashflow Yield

5.75%

ARNC Fundamentals

ARNC Revenue

Revenue (TTM)

8.1B

Revenue Y/Y

-21.9%

Revenue Q/Q

3.16%

ARNC Earnings

Earnings (TTM)

-254.0M

Earnings Y/Y

-48.25%

Earnings Q/Q

136%

Price Action

Last 7 days

0.4%

Last 30 days

0.9%

Last 90 days

3.8%

Trailing 12 Months

9.7%

ARNC Financial Health

Current Ratio

1.52

ARNC Investor Care

Diluted EPS (TTM)

-2.42

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for ARNC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-18
Austen William F.
back to issuer
-1,118,910
30.00
-37,297
-
2023-08-18
Austen William F.
back to issuer
-155,820
30.00
-5,194
-
2023-08-18
Vrablec Mark J
back to issuer
-183,990
30.00
-6,133
evp & cco
2023-08-18
ONEAL E STANLEY
back to issuer
-155,820
30.00
-5,194
-
2023-08-18
Henderson Frederick A.
back to issuer
-765,510
30.00
-25,517
-
2023-08-18
Miller Melissa M
back to issuer
-1,169,400
30.00
-38,980
evp and chro
2023-08-18
EICHER CAROL S
back to issuer
-155,820
30.00
-5,194
-
2023-08-18
DOTY ELMER L
back to issuer
-910,410
30.00
-30,347
-
2023-08-18
Stafeil Jeffrey
back to issuer
-290,310
30.00
-9,677
-

1–10 of 50

Which funds bought or sold ARNC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
27.00
237
-%
2023-08-24
Alberta Investment Management Corp
new
-
2,573,460
2,573,460
0.03%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.18
233,965
3,607,460
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
0.95
16,008
131,348
-%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.75
158,000
981,000
0.01%
2023-08-16
Nuveen Asset Management, LLC
reduced
-38.00
-7,927,390
18,428,600
0.01%
2023-08-16
Sunbelt Securities, Inc.
unchanged
-
1,227
12,305
-%
2023-08-15
Parkside Financial Bank & Trust
unchanged
-
734
6,479
-%
2023-08-15
NATIXIS ADVISORS, L.P.
added
102
551,000
980,000
-%
2023-08-15
HARBOUR INVESTMENTS, INC.
reduced
-53.5
-2,495
2,751
-%

1–10 of 44

Latest Funds Activity

Are funds buying ARNC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ARNC
No. of Funds

Schedule 13G FIlings of Arconic

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
orbis investment management ltd
5.4%
5,489,866
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G
Feb 09, 2023
vanguard group inc
11.73%
11,901,158
SC 13G/A
Jan 26, 2023
blackrock inc.
19.6%
19,900,942
SC 13G/A
Jan 20, 2023
blackrock inc.
19.6%
19,900,942
SC 13G
Feb 14, 2022
elliott investment management l.p.
0.5%
550,000
SC 13G/A
Feb 14, 2022
orbis investment management ltd
9%
9,471,109
SC 13G/A
Feb 10, 2022
state street corp
5.14%
5,473,563
SC 13G
Feb 09, 2022
vanguard group inc
10.20%
10,861,880
SC 13G/A
Jan 27, 2022
blackrock inc.
18.1%
19,320,483
SC 13G/A

Recent SEC filings of Arconic

View All Filings
Date Filed Form Type Document
Aug 28, 2023
15-12G
15-12G
Aug 21, 2023
EFFECT
EFFECT
Aug 18, 2023
8-K
Current Report
Aug 18, 2023
POS AM
POS AM
Aug 18, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading
Aug 18, 2023
4
Insider Trading

Peers (Alternatives to Arconic)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
60.2B
10.1B
-0.89% 66.15%
21.57
5.98
-4.76% -4.71%
55.5B
21.9B
-0.10% 30.86%
16.73
2.53
-9.80% -44.93%
38.9B
37.5B
-7.32% 36.88%
7.01
1.04
-12.82% -38.59%
32.6B
11.2B
7.06% -4.32%
-42.95
2.91
-9.46% -195.71%
16.7B
20.5B
-3.48% 32.17%
5.53
0.82
-7.79% -31.70%
15.5B
15.7B
-4.21% 48.51%
10.24
0.99
-7.64% -20.92%
MID-CAP
7.6B
608.8M
7.21% 24.63%
33.01
12.44
-6.58% -16.60%
6.5B
10.9B
2.76% -32.21%
-9.33
0.55
-18.81% -240.88%
3.0B
8.1B
0.87% 9.69%
-14.85
0.34
-7.14% -289.55%
2.1B
1.7B
-1.71% 29.85%
21.46
1.24
1.44% 30.98%
-
19.0B
-1.60% 55.93%
-
-
-17.70% -72.82%
SMALL-CAP
1.2B
3.1B
0.59% 9.47%
117.07
0.38
-11.07% 263.49%
656.7M
2.3B
-9.89% 3.34%
-6.55
0.29
-19.49% -258.95%
55.2M
405.2M
-8.20% -32.37%
22.39
0.14
11.72% 205.65%
40.9M
11.0M
-12.53% -14.55%
33.33
3.47
42.56% 808.89%

Arconic News

Investing.com
Howmet Aerospace Anticipated to Outperform Textron Amid Robust ....
Investing.com,
3 days ago
Marketscreener.com
Business Wire
Morningstar
Yahoo Finance
Business Wire
Marketscreener.com
The Business Journals
Marketscreener.com

Returns for ARNC

Cumulative Returns on ARNC

6.0%


10-Year Cumulative Returns

4.0%


7-Year Cumulative Returns

7.7%


5-Year Cumulative Returns

9.8%


3-Year Cumulative Returns

Risks for ARNC

What is the probability of a big loss on ARNC?

93.8%


Probability that Arconic stock will be more than 20% underwater in next one year

63.9%


Probability that Arconic stock will be more than 30% underwater in next one year.

45.8%


Probability that Arconic stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ARNC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Arconic was unfortunately bought at previous high price.

Drawdowns

Financials for Arconic

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q22017Q4
Revenue-6.4%8,141,000,0008,699,000,0008,961,000,0009,157,000,0008,767,000,0008,020,000,0007,504,000,0006,828,000,0006,353,000,0005,739,000,0005,675,000,0005,921,000,0006,311,000,0007,047,000,0007,277,000,0007,425,333,3337,528,000,0007,364,000,0007,442,000,000--
  S&GA Expenses2.4%259,000,000253,000,000246,000,000264,000,000265,000,000253,000,000247,000,000247,000,000243,000,000237,000,000258,000,000285,000,000308,000,000340,000,000346,000,000340,000,000346,000,000344,000,000288,000,000--
  R&D Expenses0%37,000,00037,000,00037,000,00036,000,00035,000,00035,000,00034,000,00034,000,00034,000,00033,000,00036,000,00038,000,00039,000,00042,000,00045,000,00045,333,33350,000,00056,000,00063,000,000--
EBITDA-100.0%-123,000,000149,000,000450,000,000568,000,000-121,000,000-106,000,000-167,000,000-181,000,000252,000,000261,000,000404,000,000389,000,000510,000,000482,000,000464,000,000-----
EBITDA Margin-100.0%-0.010.020.050.06-0.02-0.01-0.02-0.030.040.050.070.060.070.070.06-----
Interest Expenses-1.0%103,000,000104,000,000104,000,000104,000,000103,000,000102,000,000100,000,00095,000,00091,000,000106,000,000118,000,000126,000,000133,000,000122,000,000115,000,000114,666,667114,000,000112,000,000129,000,000--
Earnings Before Taxes-36.5%-288,000,000-211,000,000-192,000,00098,000,000215,000,000-473,000,000-459,000,000-508,000,000-520,000,000-113,000,000-108,000,00020,000,000-2,000,000139,000,000115,000,00096,000,000158,000,000264,000,000263,000,000--
EBT Margin100.0%--0.02-0.020.010.02-0.06-0.06-0.07-0.08-0.02-0.020.000.000.020.020.01-----
Net Income-27.6%-254,000,000-199,000,000-182,000,00053,000,000134,000,000-407,000,000-397,000,000-423,000,000-434,000,000-103,000,000-109,000,000123,000,00094,000,000195,000,000177,000,00029,333,33392,000,000164,000,000187,000,000--
Net Income Margin100.0%--0.02-0.020.010.02-0.05-0.05-0.06-0.07-0.02-0.020.020.010.030.020.00-----
Free Cashflow-100.0%-170,000,00093,000,00010,000,000-127,000,000-467,000,000-591,000,000-639,000,000-381,000,000-196,000,000-157,000,000123,000,0002,000,00026,000,000256,000,00033,333,333-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Assets-0.9%6,0466,1036,0156,4226,9136,7686,5806,4966,5436,5736,3146,1465,7336,4695,058
  Current Assets-0.6%3,0693,0863,0023,3063,6743,3693,1683,0093,0182,9582,6422,5212,0102,9131,757
    Cash Equivalents35.0%2661972613122522103353495407637878025951,22872.00
  Inventory-7.1%1,5441,6621,6221,7501,9101,8331,6301,5251,3971,1991,0439016788441,137
  Net PPE-0.6%2,3492,3632,3612,4782,5922,6342,6512,6162,6302,6722,7122,7082,7252,6812,744
  Goodwill0%294294292294308319322388391389390381374374386
Liabilities-3.1%4,5624,7064,6584,7935,1055,2075,0214,9184,9155,0834,8674,6584,5734,8432,085
  Current Liabilities-6.2%1,8992,0251,9712,0002,2562,3242,0631,9141,8501,6121,4731,2261,0841,2791,341
  Short Term Borrowings-100.0%-50.00-15050.00100---------
    LT Debt, Non Current0.1%1,5981,5971,5971,5961,5961,5951,5941,5931,5931,5921,2781,2771,2761,419250
Shareholder's Equity6.2%1,4841,3971,3571,6141,8081,5611,5591,5781,6281,4901,4471,4881,3891,8572,973
  Retained Earnings8.3%-650-709-734-461-396-510-552-514-530-103-155-91.00-92.00--
  Additional Paid-In Capital0%3,3793,3793,3733,3773,3713,3633,3683,3613,3513,3433,3483,3323,085--
Accumulated Depreciation0.8%4,6884,6514,5965,0144,9304,9184,8784,8364,8024,7094,6974,6284,5574,3374,466
Shares Outstanding---99.00---105---109----
Minority Interest----15.0015.0014.0014.0014.0014.0014.0014.0014.0014.0013.0014.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations6.7%429402338246113-216-407-515-233-28.006.0033020820845719354.00-44.00503
  Share Based Compensation25.0%20.0016.0015.0026.0028.0025.0022.0020.0018.0018.0023.0030.0034.0041.0040.0037.0036.0024.0022.00
Cashflow From Investing-12.3%-219-195-214-227-234-248-181-139-127-108-38.00-85.00-84.00-89.00-170-145-142-152-10.00
Cashflow From Financing11.0%-195-219-196-54.00-167-90.00135199301-3337445084261,065-295-90.6720.0056.00-536
  Buy Backs-21.8%1331701851942051771611069.00----------

ARNC Income Statement

2023-06-30
Statement of Combined Operations - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Total sales$ 1,990$ 2,548$ 3,919$ 4,739
Cost of goods sold (exclusive of expenses below)1,7242,2583,4484,214
Selling, general administrative, and other expenses7973151138
Research and development expenses991818
Provision for depreciation and amortization5262105122
Restructuring and other charges (E)9297
Operating income117144188240
Interest expense25265051
Other expenses (income), net16(35)27(18)
Income before income taxes76153111207
Provision for income taxes17382750
Net income5911584157
Less: Net income attributable to noncontrolling interest0101
Net income attributable to Arconic Corporation$ 59$ 114$ 84$ 156
Earnings Per Share Attributable to Arconic Corporation Common Stockholders    
Basic$ 0.59$ 1.08$ 0.84$ 1.48
Diluted$ 0.58$ 1.05$ 0.82$ 1.44

ARNC Balance Sheet

2023-06-30
Consolidated Balance Sheet - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 266$ 261
Accounts Receivable, after Allowance for Credit Loss, Current907791
Other receivables138183
Inventories1,5441,622
Fair value of hedging instruments and derivatives (Q)5621
Prepaid expenses and other current assets158124
Total current assets3,0693,002
Properties, plants, and equipment7,0376,957
Less: accumulated depreciation and amortization4,6884,596
Properties, plants, and equipment, net2,3492,361
Goodwill294292
Operating lease right-of-use assets110115
Deferred income taxes170188
Other noncurrent assets5457
Total assets6,0466,015
Current liabilities:  
Accounts Payable, Trade, Current1,4891,578
Accrued compensation and retirement costs112119
Taxes, including income taxes3443
Environmental remediation3440
Operating lease liabilities3634
Derivative Liability, Current137
Other current liabilities181150
Total current liabilities1,8991,971
Long-term debt1,5981,597
Accrued pension benefits582586
Accrued other postretirement benefits295302
Environmental remediation3845
Operating lease liabilities7883
Deferred income taxes63
Other noncurrent liabilities6671
Total liabilities4,5624,658
Contingencies and commitments
Stockholders’ Equity  
Common stock11
Additional capital3,3793,373
Accumulated deficit(650)(734)
Treasury stock (J)(347)(346)
Accumulated other comprehensive loss (K)(899)(937)
Equity, Attributable to Parent, Total1,4841,357
Total liabilities and stockholders’ equity$ 6,046$ 6,015
Timothy D. Myers
13900
Arconic Corporation manufactures and sells aluminum sheets, plates, extrusions, and architectural products in the United States, Canada, China, France, Germany, Hungary, Russia, the United Kingdom, and internationally. It operates through three segments: Rolled Products, Building and Construction Systems, and Extrusions. The Rolled Products segment provides a range of aluminum sheet and plate products for ground transportation, aerospace, industrial, and packaging markets; and roofing, architectural composite panels, ventilated facades and ceiling panels, spacers, culvert pipes, and gutters for building and construction markets. The Building and Construction Systems segment provides various products and building envelope solutions, such as entrances, curtain walls, windows, composite panels, and coil coated sheets for fabricators and glazing subcontractors under the Kawneer, Reynobond, and Reynolux brands. The Extrusions segment offers extruded products, including aerospace shapes, automotive shapes, seamless tubes, hollows, mortar fins, and high strength rods and bars for ground transportation, aerospace, and industrial markets. The company offers its products directly to customers, as well as through distributors. The company was formerly known as Arconic Rolled Products Corporation and changed its name to Arconic Corporation in April 2020. Arconic Corporation was founded in 1888 and is headquartered in Pittsburgh, Pennsylvania.