Howmet Aerospace Inc. (HWM)
NYSE: HWM · Real-Time Price · USD
244.95
-19.90 (-7.51%)
At close: Aug 31, 2026, 4:00 PM EDT
247.20
+2.25 (0.92%)
After-hours: Aug 31, 2026, 7:59 PM EDT
Howmet Aerospace Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 2,547 | 2,313 | 2,168 | 2,089 | 2,053 | 1,942 | 1,891 | 1,835 | 1,880 | 1,824 | 1,731 | 1,658 | 1,648 | 1,603 | 1,513 | 1,433 | 1,393 | 1,324 | 1,285 | 1,283 | |
Revenue Growth (YoY) | 24.06% | 19.10% | 14.65% | 13.84% | 9.20% | 6.47% | 9.24% | 10.68% | 14.08% | 13.79% | 14.41% | 15.70% | 18.31% | 21.07% | 17.74% | 11.69% | 16.57% | 9.51% | 3.80% | 13.14% |
Cost of Revenue | 1,596 | 1,459 | 1,412 | 1,365 | 1,365 | 1,290 | 1,301 | 1,253 | 1,293 | 1,290 | 1,243 | 1,182 | 1,200 | 1,160 | 1,106 | 1,031 | 985 | 945 | 949 | 927 |
Gross Profit | 951 | 854 | 756 | 724 | 688 | 652 | 590 | 582 | 587 | 534 | 488 | 476 | 448 | 443 | 407 | 402 | 408 | 379 | 336 | 356 |
Selling, General & Admin | 133 | 119 | 102 | 106 | 96 | 91 | 82 | 93 | 106 | 95 | 90 | 94 | 96 | 82 | 68 | 77 | 86 | 73 | 62 | 72 |
Research & Development | 8 | 9 | 10 | 10 | 9 | 8 | 7 | 9 | 7 | 10 | 9 | 9 | 9 | 9 | 9 | 7 | 9 | 7 | 4 | 4 |
Operating Expenses | 225 | 202 | 185 | 188 | 174 | 168 | 162 | 170 | 182 | 172 | 167 | 171 | 172 | 160 | 144 | 149 | 162 | 146 | 133 | 144 |
Operating Income | 726 | 652 | 571 | 536 | 514 | 484 | 428 | 412 | 405 | 362 | 321 | 305 | 276 | 283 | 263 | 253 | 246 | 233 | 203 | 212 |
Interest Expense | -51 | -43 | -37 | -37 | -38 | -39 | -40 | -44 | -49 | -49 | -52 | -54 | -55 | -57 | -57 | -57 | -57 | -58 | -58 | -63 |
Interest & Investment Income | 7 | 10 | 7 | 5 | 4 | 4 | 5 | 4 | 6 | 5 | 8 | 5 | 5 | 5 | 3 | 2 | 1 | - | - | 1 |
Currency Exchange Gain (Loss) | -1 | -1 | -1 | 1 | 3 | - | -4 | -2 | -4 | -3 | 5 | -5 | - | 2 | -6 | 3 | 1 | 3 | -1 | 2 |
Other Non Operating Income (Expenses) | -10 | -3 | -5 | -10 | -14 | -7 | -9 | -11 | -8 | -12 | -51 | 2 | -9 | -7 | 64 | -63 | 2 | - | -11 | 1 |
EBT Excluding Unusual Items | 671 | 615 | 535 | 495 | 469 | 442 | 380 | 359 | 350 | 303 | 231 | 253 | 217 | 226 | 267 | 138 | 193 | 178 | 133 | 153 |
Merger & Restructuring Charges | -22 | 93 | -96 | - | - | 1 | 12 | 1 | -22 | -1 | -4 | -4 | -3 | -1 | -52 | -4 | -6 | -2 | -76 | -8 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | - | - | - | - | - | 17 | -6 | - | - | -6 | -5 | - | - | 7 | -3 |
Gain (Loss) on Sale of Assets | - | - | 6 | - | - | 3 | -12 | - | - | 1 | 1 | - | - | - | 8 | - | - | - | 12 | - |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | -12 | - | - | - | - | - | - | - | -4 | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | 25 | - | 25 | - | -65 | - | - | - | - | - |
Other Unusual Items | - | - | -15 | - | - | - | - | -6 | - | - | -7 | -1 | - | -5 | -27 | -25 | -4 | -5 | -26 | -119 |
Pretax Income | 649 | 708 | 430 | 495 | 469 | 446 | 392 | 354 | 334 | 303 | 270 | 242 | 243 | 220 | 148 | 104 | 183 | 171 | 78 | 23 |
Income Tax Expense | 115 | 128 | 58 | 110 | 62 | 102 | 78 | 22 | 68 | 60 | 34 | 54 | 50 | 72 | 37 | 24 | 36 | 40 | 1 | -4 |
Earnings From Continuing Operations | 534 | 580 | 372 | 385 | 407 | 344 | 314 | 332 | 266 | 243 | 236 | 188 | 193 | 148 | 111 | 80 | 147 | 131 | 77 | 27 |
Net Income | 534 | 580 | 372 | 385 | 407 | 344 | 314 | 332 | 266 | 243 | 236 | 188 | 193 | 148 | 111 | 80 | 147 | 131 | 77 | 27 |
Preferred Dividends & Other Adjustments | - | - | - | 1 | - | 1 | - | 1 | - | 1 | - | 1 | - | 1 | - | 1 | - | 1 | - | 1 |
Net Income to Common | 534 | 580 | 372 | 384 | 407 | 343 | 314 | 331 | 266 | 242 | 236 | 187 | 193 | 147 | 111 | 79 | 147 | 130 | 77 | 26 |
Net Income Growth (YoY) | 31.20% | 69.10% | 18.47% | 16.01% | 53.01% | 41.74% | 33.05% | 77.00% | 37.82% | 64.63% | 112.61% | 136.71% | 31.29% | 13.08% | 44.16% | 203.85% | 98.65% | 64.56% | -27.36% | -25.71% |
Shares Outstanding (Basic) | 400 | 401 | 402 | 403 | 404 | 405 | 406 | 408 | 408 | 410 | 411 | 412 | 413 | 412 | 414 | 415 | 417 | 419 | 426 | 429 |
Shares Outstanding (Diluted) | 402 | 403 | 404 | 405 | 406 | 407 | 408 | 410 | 411 | 412 | 414 | 415 | 417 | 418 | 419 | 420 | 422 | 425 | 431 | 434 |
Shares Change (YoY) | -0.98% | -0.98% | -0.98% | -1.22% | -1.22% | -1.21% | -1.44% | -1.21% | -1.44% | -1.44% | -1.23% | -1.19% | -1.19% | -1.65% | -2.87% | -3.23% | -3.43% | -3.19% | -1.49% | -1.14% |
EPS (Basic) | 1.33 | 1.45 | 0.93 | 0.95 | 1.01 | 0.85 | 0.77 | 0.81 | 0.65 | 0.59 | 0.57 | 0.45 | 0.47 | 0.36 | 0.27 | 0.19 | 0.35 | 0.31 | 0.18 | 0.06 |
EPS (Diluted) | 1.33 | 1.44 | 0.92 | 0.95 | 1.00 | 0.84 | 0.77 | 0.81 | 0.65 | 0.59 | 0.56 | 0.45 | 0.46 | 0.35 | 0.27 | 0.19 | 0.35 | 0.31 | 0.18 | 0.06 |
EPS Growth (YoY) | 33.00% | 71.43% | 20.26% | 17.28% | 53.85% | 42.37% | 37.00% | 80.00% | 41.30% | 68.57% | 109.12% | 136.84% | 31.43% | 12.90% | 49.43% | 216.67% | 105.88% | 72.22% | -26.60% | -25.00% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 479 | 359 | 530 | 423 | 344 | 134 | 378 | 162 | 342 | 95 | 403 | 132 | 188 | -41 | 410 | 23 | 114 | -7 | 242 | 20 |
Free Cash Flow Per Share | 1.19 | 0.89 | 1.31 | 1.04 | 0.85 | 0.33 | 0.93 | 0.40 | 0.83 | 0.23 | 0.97 | 0.32 | 0.45 | -0.10 | 0.98 | 0.06 | 0.27 | -0.02 | 0.56 | 0.05 |
Dividend Per Share | 0.120 | 0.120 | - | 0.120 | 0.100 | 0.100 | 0.080 | 0.080 | 0.050 | 0.050 | 0.050 | 0.040 | 0.040 | 0.040 | 0.040 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 |
Dividend Growth (YoY) | 20.00% | 20.00% | - | 50.00% | 100.00% | 100.00% | 60.00% | 100.00% | 25.00% | 25.00% | 25.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0% | - | - | - | - |
Gross Margin | 37.34% | 36.92% | 34.87% | 34.66% | 33.51% | 33.57% | 31.20% | 31.72% | 31.22% | 29.28% | 28.19% | 28.71% | 27.18% | 27.64% | 26.90% | 28.05% | 29.29% | 28.63% | 26.15% | 27.75% |
Operating Margin | 28.50% | 28.19% | 26.34% | 25.66% | 25.04% | 24.92% | 22.63% | 22.45% | 21.54% | 19.85% | 18.54% | 18.40% | 16.75% | 17.65% | 17.38% | 17.66% | 17.66% | 17.60% | 15.80% | 16.52% |
Profit Margin | 20.97% | 25.08% | 17.16% | 18.38% | 19.82% | 17.66% | 16.61% | 18.04% | 14.15% | 13.27% | 13.63% | 11.28% | 11.71% | 9.17% | 7.34% | 5.51% | 10.55% | 9.82% | 5.99% | 2.03% |
Free Cash Flow Margin | 18.81% | 15.52% | 24.45% | 20.25% | 16.76% | 6.90% | 19.99% | 8.83% | 18.19% | 5.21% | 23.28% | 7.96% | 11.41% | -2.56% | 27.10% | 1.60% | 8.18% | -0.53% | 18.83% | 1.56% |
EBITDA | 810 | 726 | 644 | 608 | 583 | 553 | 501 | 480 | 474 | 429 | 389 | 373 | 343 | 352 | 330 | 318 | 313 | 299 | 270 | 280 |
EBITDA Margin | 31.80% | 31.39% | 29.70% | 29.10% | 28.40% | 28.48% | 26.49% | 26.16% | 25.21% | 23.52% | 22.47% | 22.50% | 20.81% | 21.96% | 21.81% | 22.19% | 22.47% | 22.58% | 21.01% | 21.82% |
D&A For EBITDA | 84 | 74 | 73 | 72 | 69 | 69 | 73 | 68 | 69 | 67 | 68 | 68 | 67 | 69 | 67 | 65 | 67 | 66 | 67 | 68 |
EBIT | 726 | 652 | 571 | 536 | 514 | 484 | 428 | 412 | 405 | 362 | 321 | 305 | 276 | 283 | 263 | 253 | 246 | 233 | 203 | 212 |
EBIT Margin | 28.50% | 28.19% | 26.34% | 25.66% | 25.04% | 24.92% | 22.63% | 22.45% | 21.54% | 19.85% | 18.54% | 18.40% | 16.75% | 17.65% | 17.38% | 17.66% | 17.66% | 17.60% | 15.80% | 16.52% |
Effective Tax Rate | 17.72% | 18.08% | 13.49% | 22.22% | 13.22% | 22.87% | 19.90% | 6.21% | 20.36% | 19.80% | 12.59% | 22.31% | 20.58% | 32.73% | 25.00% | 23.08% | 19.67% | 23.39% | 1.28% | - |