Howmet Aerospace Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,508	1,155	765	469	258
Depreciation & Amortization	283	277	272	265	270
Stock-Based Compensation	73	63	50	54	41
Other Adjustments	188	148	195	191	321
Change in Receivables	-109	-57	-164	-161	-337
Changes in Inventories	-50	-106	-142	-234	60
Changes in Accounts Payable	-73	-49	-7	246	144
Changes in Accrued Expenses	96	5	37	23	-146
Changes in Income Taxes Payable	-6	-14	-7	-12	-41
Changes in Other Operating Activities	-26	-124	-98	-108	-121
Operating Cash Flow	1,884	1,298	901	733	449
Operating Cash Flow Growth	45.15%	44.06%	22.92%	63.25%	4888.89%
Capital Expenditures	-453	-321	-219	-193	-199
Sale of Property, Plant & Equipment	9	9	2	58	32
Purchases of Investments	-9	-	-	-	-
Proceeds from Sale of Investments	15	-	2	-	6
Payments for Business Acquisitions	-	-5	-	-	-
Other Investing Activities	1	-	-	-	268
Investing Cash Flow	-438	-316	-215	-135	107
Long-Term Debt Issued	500	500	400	-	700
Long-Term Debt Repaid	-765	-865	-876	-69	-1,538
Net Long-Term Debt Issued (Repaid)	-265	-365	-476	-69	-838
Issuance of Common Stock	1	8	11	16	22
Repurchase of Common Stock	-700	-500	-250	-400	-430
Net Common Stock Issued (Repurchased)	-699	-492	-239	-384	-408
Repurchase of Preferred Stock	-55	-	-	-	-
Net Preferred Stock Issued (Repurchased)	-55	-	-	-	-
Common Dividends Paid	-181	-109	-73	-44	-19
Other Financing Activities	-69	-60	-80	-29	-179
Financing Cash Flow	-1,269	-1,026	-868	-526	-1,444
Effect of Exchange Rate Changes on Cash and Cash Equivalents	1	-1	-	-2	-1
Net Cash Flow	178	-45	-182	70	-889
Free Cash Flow	1,431	977	682	540	250
Free Cash Flow Growth	46.47%	43.25%	26.30%	116.00%	-
FCF Margin	17.34%	13.15%	10.27%	9.54%	5.03%
Free Cash Flow Per Share	3.52	2.38	1.64	1.28	0.57
Levered Free Cash Flow	1,014	456	123	385	-615
Unlevered Free Cash Flow	1,448	1,032	779.89	698.24	562.63

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.