Howmet Aerospace Inc. (HWM)

R1 RCM Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	545	564	610	791	720	1,610
Cash & Short-Term Investments	545	564	610	791	720	1,610
Cash Growth	-27.53%	-7.54%	-22.88%	9.86%	-55.28%	2.09%
Accounts Receivable	888	689	675	506	367	328
Other Receivables	14	20	17	31	53	29
Receivables	902	709	692	537	420	357
Inventory	1,964	1,840	1,765	1,609	1,402	1,488
Prepaid Expenses	282	248	249	205	193	216
Restricted Cash	1	1	-	1	2	1
Total Current Assets	3,694	3,362	3,316	3,143	2,737	3,672
Property, Plant & Equipment	2,695	2,541	2,456	2,443	2,575	2,723
Goodwill	4,065	4,010	4,035	4,013	4,067	4,102
Other Intangible Assets	467	475	505	521	549	571
Long-Term Deferred Tax Assets	31	35	46	54	184	272
Other Long-Term Assets	94	96	70	81	107	103
Total Assets	11,046	10,519	10,428	10,255	10,219	11,443
Accounts Payable	1,028	948	982	962	732	599
Accrued Expenses	322	364	328	270	272	294
Current Portion of Long-Term Debt	5	6	206	-	5	376
Current Portion of Leases	41	37	32	32	33	38
Current Income Taxes Payable	64	60	68	48	61	102
Other Current Liabilities	140	134	168	170	150	251
Total Current Liabilities	1,600	1,549	1,784	1,482	1,253	1,660
Long-Term Debt	3,253	3,309	3,500	4,162	4,227	4,699
Long-Term Leases	129	119	97	83	81	100
Other Long-Term Liabilities	357	309	254	185	226	224
Total Liabilities	6,004	5,965	6,391	6,654	6,711	7,866
Common Stock	404	405	410	412	422	433
Additional Paid-In Capital	2,898	3,206	3,682	3,947	4,291	4,668
Retained Earnings	3,434	2,766	1,720	1,028	603	364
Comprehensive Income & Other	-1,749	-1,878	-1,830	-1,841	-1,863	-1,943
Total Common Equity	4,987	4,499	3,982	3,546	3,453	3,522
Shareholders' Equity	5,042	4,554	4,037	3,601	3,508	3,577
Total Liabilities & Equity	11,046	10,519	10,428	10,255	10,219	11,443
Total Debt	3,428	3,471	3,835	4,277	4,346	5,213
Net Cash (Debt)	-2,883	-2,907	-3,225	-3,486	-3,626	-3,603
Net Cash Per Share	-7.07	-7.09	-7.75	-8.28	-8.34	-8.21
Filing Date Shares Outstanding	403.13	405.02	410.3	412.28	418.9	433.61
Total Common Shares Outstanding	404	405.43	409.91	412.16	421.69	432.91
Working Capital	2,094	1,813	1,532	1,661	1,484	2,012
Book Value Per Share	12.34	11.10	9.71	8.60	8.19	8.14
Tangible Book Value	455	14	-558	-988	-1,163	-1,151
Tangible Book Value Per Share	1.13	0.03	-1.36	-2.40	-2.76	-2.66
Land	86	84	88	84	91	98
Buildings	1,077	1,025	1,018	986	1,034	1,033
Machinery	4,296	4,118	4,079	3,941	3,932	3,879
Construction In Progress	383	309	224	179	182	208

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q