Howmet Aerospace Inc. (HWM)
NYSE: HWM · Real-Time Price · USD
225.18
+6.13 (2.80%)
Nov 11, 2026, 12:31 PM EST - Market open
Howmet Aerospace Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 9,731 | 8,252 | 7,430 | 6,640 | 5,663 | 4,972 | |
Revenue Growth | 22.02% | 11.06% | 11.90% | 17.25% | 13.90% | -5.46% |
Cost of Revenue | 6,167 | 5,432 | 5,137 | 4,785 | 4,067 | 3,600 |
Gross Profit | 3,564 | 2,820 | 2,293 | 1,855 | 1,596 | 1,372 |
Selling, General & Admin | 469 | 395 | 376 | 362 | 304 | 260 |
Research & Development | 38 | 37 | 33 | 36 | 32 | 17 |
Operating Expenses | 831 | 715 | 686 | 670 | 601 | 547 |
Operating Income | 2,733 | 2,105 | 1,607 | 1,185 | 995 | 825 |
Interest Expense | -179 | -151 | -182 | -218 | -229 | -259 |
Interest & Investment Income | 29 | 20 | 20 | 23 | 6 | 2 |
Currency Exchange Gain (Loss) | -2 | 3 | -13 | 2 | 1 | -2 |
Other Non Operating Income (Expenses) | -24 | -36 | -40 | -29 | -8 | -1 |
EBT Excluding Unusual Items | 2,557 | 1,941 | 1,392 | 963 | 765 | 565 |
Merger & Restructuring Charges | -40 | -92 | -9 | -12 | -64 | -98 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -9 |
Gain (Loss) on Sale of Assets | 6 | 6 | -12 | 1 | 8 | 12 |
Asset Writedown | - | - | - | -12 | - | -4 |
Legal Settlements | - | - | - | 25 | -65 | - |
Other Unusual Items | -15 | -15 | -6 | -9 | -61 | -174 |
Pretax Income | 2,508 | 1,840 | 1,383 | 975 | 606 | 324 |
Income Tax Expense | 455 | 332 | 228 | 210 | 137 | 66 |
Earnings From Continuing Operations | 2,053 | 1,508 | 1,155 | 765 | 469 | 258 |
Net Income to Company | 2,053 | 1,508 | 1,155 | 765 | 469 | 258 |
Net Income | 2,053 | 1,508 | 1,155 | 765 | 469 | 258 |
Preferred Dividends & Other Adjustments | - | 2 | 2 | 2 | 2 | 2 |
Net Income to Common | 2,053 | 1,506 | 1,153 | 763 | 467 | 256 |
Net Income Growth | 41.78% | 30.62% | 51.11% | 63.38% | 82.42% | -1.16% |
Shares Outstanding (Basic) | 401 | 404 | 408 | 412 | 416 | 430 |
Shares Outstanding (Diluted) | 403 | 406 | 410 | 416 | 421 | 435 |
Shares Change | -0.80% | -0.98% | -1.44% | -1.19% | -3.22% | -0.91% |
EPS (Basic) | 5.12 | 3.73 | 2.83 | 1.85 | 1.12 | 0.60 |
EPS (Diluted) | 5.10 | 3.71 | 2.81 | 1.83 | 1.11 | 0.59 |
EPS Growth | 43.15% | 32.03% | 53.55% | 64.86% | 88.14% | -0.66% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 1,930 | 1,431 | 977 | 682 | 540 | 250 |
Free Cash Flow Per Share | 4.79 | 3.52 | 2.38 | 1.64 | 1.28 | 0.57 |
Dividend Per Share | 0.500 | 0.440 | 0.260 | 0.170 | 0.100 | 0.040 |
Dividend Growth | 25.00% | 69.23% | 52.94% | 70.00% | 150.00% | 100.00% |
Gross Margin | 36.63% | 34.17% | 30.86% | 27.94% | 28.18% | 27.59% |
Operating Margin | 28.08% | 25.51% | 21.63% | 17.85% | 17.57% | 16.59% |
Profit Margin | 21.10% | 18.25% | 15.52% | 11.49% | 8.25% | 5.15% |
Free Cash Flow Margin | 19.83% | 17.34% | 13.15% | 10.27% | 9.54% | 5.03% |
EBITDA | 3,057 | 2,388 | 1,884 | 1,457 | 1,260 | 1,095 |
EBITDA Margin | 31.41% | 28.94% | 25.36% | 21.94% | 22.25% | 22.02% |
D&A For EBITDA | 324 | 283 | 277 | 272 | 265 | 270 |
EBIT | 2,733 | 2,105 | 1,607 | 1,185 | 995 | 825 |
EBIT Margin | 28.08% | 25.51% | 21.63% | 17.85% | 17.57% | 16.59% |
Effective Tax Rate | 18.14% | 18.04% | 16.49% | 21.54% | 22.61% | 20.37% |