Howmet Aerospace Inc. (HWM)
Q1-CY2026Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014
Balance Sheet Date2025-Dec-312025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ4-FY2025Q3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue2,168,000,000$2,089,000,000$2,053,000,000$1,942,000,000$1,891,000,000$1,835,000,000$1,880,000,000$1,824,000,000$1,731,000,000$1,658,000,000$1,648,000,000$1,603,000,000$1,513,000,000$1,433,000,000$1,393,000,000$1,324,000,000$1,285,000,000$1,283,000,000$1,195,000,000$1,209,000,000$1,238,000,000$1,134,000,000$1,253,000,000$1,634,000,000$1,734,000,000$3,559,000,000$3,691,000,000$3,541,000,000$3,472,000,000$3,524,000,000$3,573,000,000$3,445,000,000$3,271,000,000$3,236,000,000$3,261,000,000$3,192,000,000$2,967,000,000$3,138,000,000$3,234,000,000$3,055,000,000$2,991,000,000$3,127,000,000$3,204,000,000$3,091,000,000$6,377,000,000$6,239,000,000$5,836,000,000$5,454,000,000$
QoQ%3.78%1.75%5.72%2.70%3.05%(2.39%)3.07%5.37%4.40%.61%2.81%5.95%5.58%2.87%5.21%3.04%.16%7.36%(1.16%)(2.34%)9.17%(9.50%)(23.32%)(5.77%)(51.28%)(3.58%)4.24%1.99%(1.48%)(1.37%)3.72%5.32%1.08%(.77%)2.16%7.58%(5.45%)(2.97%)5.86%2.14%(4.35%)(2.40%)3.66%(51.53%)2.21%6.91%7.00%(2.35%)
YoY%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%(4.63%)(26.01%)(28.60%)(68.14%)(66.05%)(53.86%)(50.06%).99%3.30%2.79%6.15%8.90%9.57%7.93%10.25%3.12%.84%4.48%(.80%).35%.94%(1.17%)(53.10%)(49.88%)(45.10%)(43.33%)14.18%8.22%(.22%)(6.50%)
Cost Of Revenue1,412,000,000$1,365,000,000$1,365,000,000$1,290,000,000$1,289,000,000$1,253,000,000$1,287,000,000$1,290,000,000$1,230,000,000$1,183,000,000$1,196,000,000$1,164,000,000$1,110,000,000$1,056,000,000$987,000,000$950,000,000$938,000,000$928,000,000$857,000,000$873,000,000$872,000,000$900,000,000$923,000,000$1,183,000,000$1,269,000,000$1,317,000,000$1,335,000,000$2,818,000,000$2,845,000,000$2,881,000,000$2,903,000,000$2,768,000,000$2,623,000,000$2,591,000,000$2,549,000,000$2,458,000,000$2,260,000,000$2,503,000,000$2,533,000,000$2,400,000,000$(3,561,000,000$)4,559,000,000$4,663,000,000$4,443,000,000$(3,815,000,000$)4,904,000,000$4,765,000,000$4,495,000,000$
Gross Profit756,000,000$724,000,000$688,000,000$652,000,000$602,000,000$582,000,000$593,000,000$534,000,000$501,000,000$475,000,000$452,000,000$439,000,000$403,000,000$377,000,000$406,000,000$374,000,000$347,000,000$355,000,000$338,000,000$336,000,000$366,000,000$234,000,000$330,000,000$451,000,000$465,000,000$2,242,000,000$2,356,000,000$723,000,000$627,000,000$643,000,000$670,000,000$677,000,000$648,000,000$645,000,000$712,000,000$734,000,000$707,000,000$635,000,000$701,000,000$655,000,000$6,552,000,000$(1,432,000,000$)(1,459,000,000$)(1,352,000,000$)10,192,000,000$1,335,000,000$1,071,000,000$959,000,000$
Gross Margin34.87%34.66%33.51%33.57%31.84%31.72%31.54%29.28%28.94%28.65%27.43%27.39%26.64%26.31%29.15%28.25%27.00%27.67%28.29%27.79%29.56%20.64%26.34%27.60%26.82%63.00%63.83%20.42%18.06%18.25%18.75%19.65%19.81%19.93%21.83%23.00%23.83%20.24%21.68%21.44%219.06%(45.80%)(45.54%)(43.74%)159.82%21.40%18.35%17.58%
Operating Expenses267,000,000$182,000,000$167,000,000$158,000,000$157,000,000$161,000,000$195,000,000$165,000,000$175,000,000$168,000,000$167,000,000$154,000,000$183,000,000$149,000,000$165,000,000$144,000,000$200,000,000$150,000,000$131,000,000$147,000,000$145,000,000$161,000,000$256,000,000$193,000,000$180,000,000$1,986,000,000$2,532,000,000$349,000,000$854,000,000$298,000,000$346,000,000$344,000,000$1,081,000,000$335,000,000$392,000,000$451,000,000$543,000,000$398,000,000$418,000,000$545,000,000$360,000,000$634,000,000$612,000,000$608,000,000$347,000,000$646,000,000$645,000,000$627,000,000$
Operating Income489,000,000$542,000,000$521,000,000$494,000,000$445,000,000$421,000,000$398,000,000$369,000,000$326,000,000$307,000,000$285,000,000$285,000,000$220,000,000$228,000,000$241,000,000$230,000,000$147,000,000$205,000,000$207,000,000$189,000,000$221,000,000$73,000,000$74,000,000$258,000,000$285,000,000$256,000,000$(176,000,000$)374,000,000$(227,000,000$)345,000,000$324,000,000$333,000,000$(433,000,000$)310,000,000$320,000,000$283,000,000$164,000,000$237,000,000$283,000,000$
Operating Margin22.56%25.95%25.38%25.44%23.53%22.94%21.17%20.23%18.83%18.52%17.29%17.78%14.54%15.91%17.30%17.37%11.44%15.98%17.32%15.63%17.85%6.44%5.91%15.79%16.44%7.19%(4.77%)10.56%(6.54%)9.79%9.07%9.67%(13.24%)9.58%9.81%8.87%5.53%7.55%8.75%
Interest Income0$0$0$0$0$0$0$0$0$0$5,000,000$5,000,000$0$2,000,000$1,000,000$0$1,000,000$1,000,000$0$1,000,000$0$4,000,000$4,000,000$5,000,000$5,000,000$10,000,000$6,000,000$6,000,000$4,000,000$6,000,000$6,000,000$5,000,000$4,000,000$4,000,000$2,000,000$5,000,000$5,000,000$4,000,000$5,000,000$4,000,000$4,000,000$3,000,000$6,000,000$3,000,000$6,000,000$4,000,000$
Interest Expenses37,000,000$37,000,000$38,000,000$39,000,000$40,000,000$44,000,000$49,000,000$49,000,000$52,000,000$54,000,000$55,000,000$57,000,000$57,000,000$57,000,000$57,000,000$58,000,000$58,000,000$63,000,000$66,000,000$72,000,000$76,000,000$13,000,000$144,000,000$84,000,000$82,000,000$85,000,000$86,000,000$85,000,000$86,000,000$88,000,000$89,000,000$114,000,000$98,000,000$100,000,000$24,000,000$115,000,000$128,000,000$126,000,000$124,000,000$121,000,000$104,000,000$123,000,000$124,000,000$122,000,000$91,000,000$126,000,000$105,000,000$120,000,000$
Income Before Tax430,000,000$495,000,000$469,000,000$446,000,000$392,000,000$354,000,000$334,000,000$303,000,000$270,000,000$242,000,000$243,000,000$220,000,000$148,000,000$104,000,000$183,000,000$171,000,000$78,000,000$23,000,000$110,000,000$113,000,000$71,000,000$(12,000,000$)(86,000,000$)198,000,000$198,000,000$163,000,000$(268,000,000$)257,000,000$(214,000,000$)249,000,000$194,000,000$199,000,000$(455,000,000$)172,000,000$269,000,000$484,000,000$(45,000,000$)122,000,000$176,000,000$161,000,000$(786,000,000$)206,000,000$282,000,000$481,000,000$(150,000,000$)330,000,000$207,000,000$(274,000,000$)
Tax Expenses58,000,000$110,000,000$62,000,000$102,000,000$78,000,000$22,000,000$68,000,000$60,000,000$34,000,000$54,000,000$50,000,000$72,000,000$37,000,000$24,000,000$36,000,000$40,000,000$1,000,000$(4,000,000$)36,000,000$33,000,000$(35,000,000$)(48,000,000$)(2,000,000$)45,000,000$80,000,000$105,000,000$(132,000,000$)70,000,000$(99,000,000$)88,000,000$74,000,000$56,000,000$272,000,000$53,000,000$57,000,000$162,000,000$1,246,000,000$56,000,000$123,000,000$51,000,000$(62,000,000$)100,000,000$75,000,000$226,000,000$(26,000,000$)199,000,000$78,000,000$(77,000,000$)
Net Income372,000,000$385,000,000$407,000,000$344,000,000$314,000,000$332,000,000$266,000,000$243,000,000$236,000,000$188,000,000$193,000,000$148,000,000$111,000,000$80,000,000$147,000,000$131,000,000$77,000,000$27,000,000$74,000,000$80,000,000$106,000,000$36,000,000$(96,000,000$)215,000,000$309,000,000$95,000,000$(121,000,000$)187,000,000$218,000,000$161,000,000$120,000,000$143,000,000$(727,000,000$)119,000,000$212,000,000$322,000,000$(1,253,000,000$)186,000,000$178,000,000$11,000,000$(765,000,000$)106,000,000$207,000,000$255,000,000$114,000,000$131,000,000$129,000,000$(197,000,000$)
Profit Margin17.16%18.43%19.83%17.71%16.61%18.09%14.15%13.32%13.63%11.34%11.71%9.23%7.34%5.58%10.55%9.89%5.99%2.10%6.19%6.62%8.56%3.18%(7.66%)13.16%17.82%2.67%(3.28%)5.28%6.28%4.57%3.36%4.15%(22.23%)3.68%6.50%10.09%(42.23%)5.93%5.50%.36%(25.58%)3.39%6.46%8.25%1.79%2.10%2.21%(3.61%)
TTM18.27%18.18%18.09%16.64%15.55%14.81%13.15%12.54%11.52%9.97%8.59%8.18%8.28%8.00%7.23%6.07%5.19%5.83%6.20%2.61%4.96%8.06%6.39%4.69%3.75%2.66%3.13%4.86%4.58%(2.19%)(2.55%)(1.92%)(.57%)(4.74%)(4.24%)(4.53%)(7.08%)(3.14%)(3.79%)(3.56%)(1.59%)4.32%3.74%2.92%.74%(9.72%)(10.31%)(11.53%)
Earnings to Minority1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$(1,000,000$)1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$1,000,000$0$18,000,000$18,000,000$17,000,000$22,000,000$20,000,000$43,000,000$(5,000,000$)(64,000,000$)62,000,000$67,000,000$60,000,000$(45,000,000$)(18,000,000$)(9,000,000$)(19,000,000$)
Earnings to Common Shareholders372,000,000$384,000,000$407,000,000$343,000,000$314,000,000$331,000,000$266,000,000$242,000,000$236,000,000$187,000,000$193,000,000$147,000,000$111,000,000$79,000,000$147,000,000$130,000,000$77,000,000$26,000,000$74,000,000$79,000,000$106,000,000$35,000,000$(96,000,000$)214,000,000$309,000,000$94,000,000$(121,000,000$)186,000,000$218,000,000$160,000,000$120,000,000$142,000,000$(727,000,000$)101,000,000$194,000,000$305,000,000$(1,275,000,000$)148,000,000$119,000,000$(2,000,000$)(718,000,000$)26,000,000$123,000,000$178,000,000$139,000,000$149,000,000$138,000,000$(179,000,000$)
QoQ%(3.13%)(5.65%)18.66%9.24%(5.14%)24.44%9.92%2.54%26.20%(3.11%)31.29%32.43%40.51%(46.26%)13.08%68.83%196.15%(64.87%)(6.33%)(25.47%)202.86%136.46%(144.86%)(30.74%)228.72%177.69%(165.05%)(14.68%)36.25%33.33%(15.49%)119.53%(819.80%)(47.94%)(36.39%)123.92%(961.49%)24.37%6,050.00%99.72%(2,861.54%)(78.86%)(30.90%)28.06%(6.71%)7.97%177.10%92.35%
YoY%18.47%16.01%53.01%41.74%33.05%77.01%37.82%64.63%112.61%136.71%31.29%13.08%44.16%203.85%98.65%64.56%(27.36%)(25.71%)177.08%(63.08%)(65.70%)(62.77%)20.66%15.05%41.74%(41.25%)(200.83%)30.99%129.99%58.42%(38.14%)(53.44%)42.98%(31.76%)63.03%15,350.00%(77.58%)469.23%(3.25%)(101.12%)(616.55%)(82.55%)(10.87%)199.44%105.94%547.83%215.97%(220.95%)
Earnings Per Share, Basic0.92$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$0.17$0.18$0.24$0.08$(0.22$)0.49$0.72$0.22$(0.27$)0.39$0.45$0.33$0.25$0.29$(1.51$)0.23$0.44$0.69$(2.91$)0.34$0.27$0.00$0.60$0.06$0.10$0.15$(0.07$)0.13$0.12$(0.16$)
Earnings Per Share, Diluted0.92$0.95$1.00$0.84$0.77$0.81$0.65$0.59$0.57$0.45$0.46$0.35$0.27$0.19$0.35$0.31$0.18$0.06$0.17$0.18$0.24$0.08$(0.22$)0.49$0.67$0.21$(0.27$)0.38$0.43$0.32$0.24$0.28$(1.91$)0.22$0.42$0.61$(3.12$)0.33$0.26$0.00$0.59$0.06$0.10$0.14$(0.07$)0.12$0.12$(0.16$)
Unlevered FCF Per Share, Basic1.31$1.05$0.85$0.33$0.93$0.40$0.84$0.23$0.98$0.32$0.46$(0.10$)0.99$0.06$0.27$(0.02$)0.57$0.05$0.11$(0.14$)0.24$0.19$0.00$(0.83$)0.78$0.10$(0.07$)(0.90$)0.32$(0.33$)0.01$(1.15$)0.20$(0.43$)(0.11$)(1.13$)(0.97$)0.05$0.13$(1.55$)(0.39$)0.36$0.17$(0.35$)(0.69$)
Unlevered FCF Per Share, Diluted1.31$1.04$0.85$0.33$0.93$0.40$0.83$0.23$0.97$0.32$0.45$(0.10$)0.98$0.05$0.27$(0.02$)0.56$0.05$0.11$(0.14$)0.24$0.19$0.00$(0.82$)0.73$0.09$(0.07$)(0.87$)0.31$(0.31$)0.01$(1.10$)0.26$(0.41$)(0.10$)(1.00$)(1.04$)0.04$0.12$(1.55$)(0.38$)0.35$0.17$(0.34$)(0.69$)
Average Shares, Basic404,000,000403,000,000404,000,000405,000,000406,000,000408,000,000408,000,000410,000,000411,000,000412,000,000413,000,000412,000,000413,000,000415,000,000417,000,000419,000,000425,000,000429,000,000432,000,000434,000,000433,000,000436,000,000436,000,000435,000,000432,000,000436,000,000445,000,000471,000,000484,000,000483,000,000483,000,000482,000,000481,000,000442,000,000441,000,000440,000,000438,000,000438,000,000438,000,000438,000,000-1,190,000,000427,000,0001,222,000,0001,221,000,000-1,903,000,0001,177,000,0001,173,000,0001,101,000,000
Average Shares, Diluted406,000,000405,000,000406,000,000407,000,000407,000,000410,000,000411,000,000412,000,000414,000,000415,000,000417,000,000418,000,000417,000,000420,000,000422,000,000425,000,000430,000,000434,000,000437,000,000439,000,000441,000,000439,000,000436,000,000440,000,000461,000,000457,000,000445,000,000489,000,000505,000,000502,000,000502,000,000503,000,000381,000,000462,000,000462,000,000499,000,000409,000,000453,000,000452,000,000438,000,000-1,226,000,000431,000,0001,237,000,0001,238,000,000-1,923,000,0001,205,000,0001,189,000,0001,101,000,000
EBIT467,000,000$532,000,000$507,000,000$485,000,000$432,000,000$398,000,000$383,000,000$352,000,000$322,000,000$296,000,000$298,000,000$277,000,000$205,000,000$161,000,000$240,000,000$229,000,000$136,000,000$86,000,000$176,000,000$185,000,000$147,000,000$1,000,000$58,000,000$282,000,000$280,000,000$248,000,000$(182,000,000$)342,000,000$(128,000,000$)337,000,000$283,000,000$313,000,000$(357,000,000$)272,000,000$293,000,000$599,000,000$83,000,000$248,000,000$300,000,000$282,000,000$(682,000,000$)329,000,000$406,000,000$603,000,000$(59,000,000$)456,000,000$312,000,000$(154,000,000$)
EBITDA540,000,000$604,000,000$576,000,000$554,000,000$505,000,000$466,000,000$452,000,000$419,000,000$390,000,000$364,000,000$365,000,000$346,000,000$272,000,000$226,000,000$307,000,000$295,000,000$203,000,000$154,000,000$243,000,000$253,000,000$214,000,000$69,000,000$132,000,000$411,000,000$409,000,000$379,000,000$(43,000,000$)479,000,000$21,000,000$478,000,000$427,000,000$455,000,000$(216,000,000$)412,000,000$430,000,000$732,000,000$277,000,000$564,000,000$613,000,000$591,000,000$(361,000,000$)647,000,000$726,000,000$924,000,000$277,000,000$802,000,000$662,000,000$186,000,000$