Howmet Aerospace Balance Sheet

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
Cash & Equivalents	742	564	610	791	720
Cash & Short-Term Investments	742	564	610	791	720
Cash Growth	31.56%	-7.54%	-22.88%	9.86%	-55.28%
Accounts Receivable	779	689	675	506	367
Other Receivables	17	20	17	31	53
Receivables	796	709	692	537	420
Inventory	1,849	1,840	1,765	1,609	1,402
Prepaid Expenses	391	248	249	205	193
Restricted Cash	1	1	-	1	2
Total Current Assets	3,779	3,362	3,316	3,143	2,737
Property, Plant & Equipment	2,755	2,541	2,456	2,443	2,575
Goodwill	4,022	4,010	4,035	4,013	4,067
Other Intangible Assets	457	475	505	521	549
Long-Term Deferred Tax Assets	40	35	46	54	184
Other Long-Term Assets	126	96	70	81	107
Total Assets	11,179	10,519	10,428	10,255	10,219
Accounts Payable	845	948	982	962	732
Accrued Expenses	390	364	328	270	272
Current Portion of Long-Term Debt	191	6	206	-	5
Current Portion of Leases	42	37	32	32	33
Current Income Taxes Payable	77	60	68	48	61
Current Unearned Revenue	147	60	-	-	-
Other Current Liabilities	79	74	168	170	150
Total Current Liabilities	1,771	1,549	1,784	1,482	1,253
Long-Term Debt	2,859	3,309	3,500	4,162	4,227
Long-Term Leases	121	119	97	83	81
Pension & Post-Retirement Benefits	584	679	756	742	924
Other Long-Term Liabilities	491	309	254	185	226
Total Liabilities	5,826	5,965	6,391	6,654	6,711
Common Stock	402	405	410	412	422
Additional Paid-In Capital	2,531	3,206	3,682	3,947	4,291
Retained Earnings	4,093	2,766	1,720	1,028	603
Comprehensive Income & Other	-1,673	-1,878	-1,830	-1,841	-1,863
Total Common Equity	5,353	4,499	3,982	3,546	3,453
Shareholders' Equity	5,353	4,554	4,037	3,601	3,508
Total Liabilities & Equity	11,179	10,519	10,428	10,255	10,219
Total Debt	3,213	3,471	3,835	4,277	4,346
Net Cash (Debt)	-2,471	-2,907	-3,225	-3,486	-3,626
Net Cash Per Share	-6.09	-7.09	-7.75	-8.28	-8.34
Filing Date Shares Outstanding	400.94	405.02	410.3	412.28	418.9
Total Common Shares Outstanding	401.62	405.43	409.91	412.16	421.69
Working Capital	2,008	1,813	1,532	1,661	1,484
Book Value Per Share	13.33	11.10	9.71	8.60	8.19
Tangible Book Value	874	14	-558	-988	-1,163
Tangible Book Value Per Share	2.18	0.03	-1.36	-2.40	-2.76
Land	85	84	88	84	91
Buildings	1,134	1,025	1,018	986	1,034
Machinery	4,275	4,118	4,079	3,941	3,932
Construction In Progress	335	309	224	179	182

Source: S&P Global Market Intelligence. Standard template. Financial Sources.