See more : Polwax S.A. (PWX.WA) Income Statement Analysis – Financial Results
Complete financial analysis of Howmet Aerospace Inc. (HWM) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Howmet Aerospace Inc., a leading company in the Industrial – Machinery industry within the Industrials sector.
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Howmet Aerospace Inc. (HWM)
About Howmet Aerospace Inc.
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.64B | 5.66B | 4.97B | 5.26B | 14.19B | 14.01B | 12.96B | 12.39B | 12.41B | 12.54B | 0.00 | 0.00 | 24.95B | 21.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 5.03B | 4.10B | 3.60B | 3.88B | 11.23B | 11.40B | 10.36B | 9.81B | 10.10B | 10.35B | 19.29B | 20.49B | 20.48B | 17.17B | 16.90B | 6.00M | 24.25B | 23.32B | 21.22B | 18.62B | 0.00 |
| Gross Profit | 1.61B | 1.56B | 1.38B | 1.38B | 2.97B | 2.62B | 2.60B | 2.59B | 2.31B | 2.19B | -19.29B | -20.49B | 4.47B | 3.84B | -16.90B | -6.00M | -24.25B | -23.32B | -21.22B | -18.62B | 0.00 |
| Gross Profit Ratio | 24.31% | 27.55% | 27.67% | 26.26% | 20.89% | 18.67% | 20.08% | 20.88% | 18.60% | 17.49% | 0.00% | 0.00% | 17.92% | 18.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 36.00M | 32.00M | 17.00M | 17.00M | 70.00M | 103.00M | 111.00M | 132.00M | 169.00M | 123.00M | 192.00M | 197.00M | 184.00M | 174.00M | 169.00M | 0.00 | 249.00M | 213.00M | 194.00M | 182.00M | 0.00 |
| General & Administrative | 343.00M | 280.00M | 259.00M | 287.00M | 704.00M | 604.00M | 731.00M | 947.00M | 765.00M | 770.00M | 1.01B | 997.00M | 1.03B | 961.00M | 1.01B | 0.00 | 1.47B | 1.40B | 1.35B | 1.28B | 0.00 |
| Selling & Marketing | 0.00 | 8.00M | -8.00M | -10.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 343.00M | 288.00M | 251.00M | 277.00M | 704.00M | 604.00M | 731.00M | 947.00M | 765.00M | 770.00M | 1.01B | 997.00M | 1.03B | 961.00M | 1.01B | 0.00 | 1.47B | 1.40B | 1.35B | 1.28B | 0.00 |
| Other Expenses | 0.00 | 265.00M | 270.00M | 279.00M | 536.00M | -79.00M | 640.00M | 93.00M | 29.00M | -47.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 25.76B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 652.00M | 585.00M | 538.00M | 573.00M | 1.31B | 1.28B | 1.39B | 1.61B | 1.44B | 1.33B | 1.20B | 1.19B | 1.21B | 1.14B | 1.18B | 25.76B | 1.72B | 1.62B | 1.55B | 1.47B | 0.00 |
| Cost & Expenses | 5.44B | 4.69B | 4.13B | 4.45B | 12.54B | 12.68B | 11.75B | 11.42B | 11.55B | 11.68B | 24.85B | 23.38B | 21.69B | 18.31B | 19.94B | 6.00M | 26.26B | 26.95B | 22.76B | 20.09B | 0.00 |
| Interest Income | 23.00M | 6.00M | 2.00M | 5.00M | 25.00M | 23.00M | 19.00M | 16.00M | 16.00M | 19.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 218.00M | 229.00M | 259.00M | 381.00M | 338.00M | 378.00M | 496.00M | 499.00M | 473.00M | 442.00M | 0.00 | 0.00 | 524.00M | 494.00M | -470.00M | 0.00 | -401.00M | -384.00M | -339.00M | -270.00M | 0.00 |
| Depreciation & Amortization | 272.00M | 265.00M | 270.00M | 279.00M | 295.00M | 576.00M | 551.00M | 535.00M | 1.28B | 1.37B | 1.42B | 1.46B | 1.48B | 1.45B | 1.31B | 1.23B | 1.27B | 1.28B | 1.27B | 1.21B | 0.00 |
| EBITDA | 1.47B | 1.26B | 1.10B | 831.00M | 843.00M | 1.49B | 1.52B | 1.46B | 1.94B | 1.93B | -394.00M | 1.79B | 2.87B | 2.35B | -657.00M | 1.23B | 4.99B | 3.98B | 2.60B | 2.81B | 0.00 |
| EBITDA Ratio | 22.06% | 19.34% | 21.90% | 20.38% | 14.58% | 13.07% | 18.53% | 12.93% | 17.66% | 17.62% | 0.00% | 0.00% | 11.51% | 11.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | 1.20B | 919.00M | 748.00M | 626.00M | 1.53B | 1.33B | 326.00M | 974.00M | 628.00M | 864.00M | -2.24B | 162.00M | 1.06B | 254.00M | -924.00M | 0.00 | 2.57B | 2.16B | 1.23B | 1.40B | 0.00 |
| Operating Income Ratio | 18.12% | 16.23% | 15.04% | 11.90% | 10.80% | 9.45% | 2.52% | 7.86% | 5.06% | 6.89% | 0.00% | 0.00% | 4.26% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | -228.00M | -313.00M | -424.00M | -455.00M | -369.00M | 93.00M | -10.00M | -540.00M | -445.00M | -751.00M | 428.00M | 162.00M | 0.00 | -802.00M | -574.00M | 0.00 | 1.92B | 1.27B | 700.00M | 802.00M | 0.00 |
| Income Before Tax | 975.00M | 606.00M | 324.00M | 171.00M | 575.00M | 868.00M | 470.00M | 413.00M | 183.00M | 113.00M | -1.82B | 324.00M | 1.06B | -548.00M | -1.50B | 0.00 | 4.49B | 3.43B | 1.93B | 2.20B | 0.00 |
| Income Before Tax Ratio | 14.68% | 10.70% | 6.52% | 3.25% | 4.05% | 6.19% | 3.63% | 3.33% | 1.47% | 0.90% | 0.00% | 0.00% | 4.26% | -2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 210.00M | 137.00M | 66.00M | -40.00M | 105.00M | 226.00M | 544.00M | 1.47B | 339.00M | 174.00M | 428.00M | 162.00M | 255.00M | 148.00M | -574.00M | 0.00 | 1.56B | 835.00M | 441.00M | 557.00M | 0.00 |
| Net Income | 765.00M | 469.00M | 258.00M | 261.00M | 470.00M | 642.00M | -74.00M | -931.00M | -322.00M | 268.00M | -2.24B | 162.00M | 611.00M | 254.00M | -924.00M | 0.00 | 2.56B | 2.25B | 1.23B | 1.31B | 0.00 |
| Net Income Ratio | 11.52% | 8.28% | 5.19% | 4.96% | 3.31% | 4.58% | -0.57% | -7.51% | -2.59% | 2.14% | 0.00% | 0.00% | 2.45% | 1.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 1.85 | 1.12 | 0.60 | 0.48 | 1.05 | 1.33 | -0.16 | -2.13 | -0.77 | 0.56 | -3.06 | 0.22 | 0.55 | 0.23 | -1.11K | 0.00 | 2.94K | 2.60K | 1.49K | 1.65K | 0.00 |
| EPS Diluted | 1.83 | 1.11 | 0.59 | 0.48 | 1.03 | 1.28 | -0.16 | -2.13 | -0.73 | 0.56 | -3.06 | 0.22 | 0.55 | 0.23 | -1.11K | 0.00 | 2.94K | 2.60K | 1.49K | 1.65K | 0.00 |
| Weighted Avg Shares Out | 412.17M | 416.00M | 430.00M | 435.00M | 446.00M | 483.00M | 451.00M | 438.00M | 420.00M | 438.52M | 733.33M | 733.33M | 1.11B | 1.11B | 834.20K | 834.20K | 873.30K | 865.61K | 826.41K | 795.39K | 0.00 |
| Weighted Avg Shares Out (Dil) | 416.00M | 421.00M | 435.00M | 439.00M | 463.00M | 503.00M | 451.00M | 438.00M | 438.52M | 438.52M | 733.33M | 733.33M | 1.11B | 1.11B | 834.20K | 834.20K | 873.30K | 865.61K | 826.41K | 795.39K | 0.00 |
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