Howmet Aerospace Inc.

HWM ·Basic Materials, Other Industrial Metals & Mining, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $8.25B $7.43B $6.64B $5.66B $4.97B $5.26B $7.10B
Products
Services
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development $37.0M $33.0M $36.0M $32.0M $17.0M $17.0M $28.0M
SG&A Expense $370.0M $347.0M $333.0M $288.0M $251.0M $277.0M $400.0M
Operating Income $2.05B $1.63B $1.20B $919.0M $748.0M $626.0M $579.0M
Operating Margin 24.8% 22.0% 18.1% 16.2% 15.0% 11.9% 8.2%
Interest Expense $218.0M $229.0M $259.0M $317.0M $338.0M
Pretax Income $1.84B $1.38B $975.0M $606.0M $324.0M $171.0M $210.0M
Income Tax Expense $332.0M $228.0M $210.0M $137.0M $66.0M $-40.0M $84.0M
Net Income $1.51B $1.16B $765.0M $469.0M $258.0M $261.0M $470.0M
Net Margin 18.3% 15.5% 11.5% 8.3% 5.2% 5.0% 6.6%
EPS (Basic) $3.73 $2.83 $1.85 $1.12 $0.60 $0.48 $1.05
EPS (Diluted) $3.71 $2.81 $1.83 $1.11 $0.59 $0.48 $1.03
Shares Outstanding (Basic) 400.9M 404.0M 408.0M 412.0M 416.0M 430.0M 435.0M 446.0M
Shares Outstanding (Diluted) 400.9M 406.0M 410.0M 416.0M 421.0M 435.0M 439.0M 463.0M
Dividends Per Share $0.44 $0.26 $0.17 $0.10 $0.04 $0.02 $0.12
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