HWM
Howmet Aerospace Inc.
Stock
$226.18−4.76 (−2.06%)Close Sep 30, 2026
Income statement
| Line | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1B | $8.3B | $7.4B | $6.6B | $5.7B | $5.0B | $5.3B | $7.1B | $6.8B | $13.0B | $12.4B |
| Cost of revenue | $5.8B | $5.4B | $5.1B | $4.8B | $4.1B | $3.6B | $3.9B | $5.2B | $5.1B | $10.2B | — |
| Gross profit | $3.3B | $2.8B | $2.3B | $1.9B | $1.6B | $1.4B | $1.4B | $1.9B | $1.7B | $2.7B | — |
| R&D | $37M | $37M | $33M | $36M | $32M | $17M | $17M | $28M | $41M | $109M | $130M |
| SG&A | $455M | $370M | $347M | $333M | $288M | $251M | $277M | $400M | $371M | $715M | $924M |
| Other operating expenses | $298M | $367M | $298M | $295M | $321M | $360M | $461M | $877M | $477M | $1.4B | — |
| Operating income | $2.5B | $2.0B | $1.6B | $1.2B | $919M | $748M | $626M | $579M | $775M | $480M | $954M |
| Non-operating income | −$213M | −$206M | −$250M | −$228M | −$313M | −$424M | −$455M | −$369M | −$347M | −$10M | −$540M |
| Pretax income | $2.3B | $1.8B | $1.4B | $975M | $606M | $324M | $171M | $210M | $428M | $470M | $414M |
| Taxes | $411M | $332M | $228M | $210M | $137M | $66M | −$90M | −$260M | −$214M | $544M | $1.4B |
| Net income | $1.9B | $1.5B | $1.2B | $765M | $469M | $258M | $261M | $470M | $642M | −$74M | −$941M |
| Diluted EPS | $4.64 | $3.71 | $2.81 | $1.83 | $1.11 | $0.59 | — | $1.03 | $1.30 | −$0.28 | −$2.31 |
| Diluted shares | — | 406.0M | 410.0M | 416.0M | 421.0M | 435.0M | 439.0M | 463.0M | 503.0M | 451.0M | 438.0M |
| Revenue growth | — | +11.1% | +11.9% | +17.3% | +13.9% | −5.5% | −25.9% | +4.7% | −47.7% | +4.6% | — |
| Gross margin | 36.0% | 34.2% | 31.1% | 28.1% | 27.5% | 27.7% | 26.3% | 26.5% | 24.6% | 21.1% | — |
| Operating margin | 27.4% | 24.8% | 22.0% | 18.1% | 16.2% | 15.0% | 11.9% | 8.2% | 11.4% | 3.7% | 7.7% |
| Net margin | 20.5% | 18.3% | 15.5% | 11.5% | 8.3% | 5.2% | 5.0% | 6.6% | 9.5% | −0.6% | −7.6% |
Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.