Howmet Aerospace Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.78B | $12.96B | $12.39B | $12.41B | $12.54B | $23.03B | $23.70B | $24.95B |
| Products | — | — | — | — | — | — | — | — |
| Services | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | — | — | — | $19.14B | $19.29B | $20.40B | $20.48B |
| Gross Profit | — | — | — | — | $-6.60B | $3.75B | $3.30B | $4.47B |
| Gross Margin | — | — | — | — | -52.6% | 16.3% | 13.9% | 17.9% |
| Operating Expenses | ||||||||
| Research & Development | $41.0M | $109.0M | $130.0M | $169.0M | $123.0M | $192.0M | $197.0M | $184.0M |
| SG&A Expense | $371.0M | $715.0M | $924.0M | $765.0M | $770.0M | $1.01B | $997.0M | $1.03B |
| Operating Income | $775.0M | $480.0M | $954.0M | $628.0M | $555.0M | $-1.36B | $814.0M | $1.59B |
| Operating Margin | 11.4% | 3.7% | 7.7% | 5.1% | 4.4% | -5.9% | 3.4% | 6.4% |
| Interest Expense | $377.0M | $496.0M | $499.0M | $473.0M | $442.0M | $453.0M | $490.0M | $524.0M |
| Pretax Income | $428.0M | $470.0M | $414.0M | $183.0M | $113.0M | $-1.82B | $324.0M | $1.06B |
| Income Tax Expense | $119.0M | $544.0M | $1.48B | $339.0M | $174.0M | $428.0M | $162.0M | $255.0M |
| Net Income | $642.0M | $-74.0M | $-941.0M | $-322.0M | $268.0M | $-2.29B | $191.0M | $611.0M |
| Net Margin | 9.5% | -0.6% | -7.6% | -2.6% | 2.1% | -9.9% | 0.8% | 2.4% |
| EPS (Basic) | $1.33 | $-0.28 | $-2.31 | $-0.93 | $0.64 | $-2.14 | $0.18 | $0.57 |
| EPS (Diluted) | $1.30 | $-0.28 | $-2.31 | $-0.93 | $0.63 | $-2.14 | $0.18 | $0.55 |
| Shares Outstanding (Basic) | 483.0M | 451.0M | 438.0M | 420.0M | 387.0M | 1.07B | 1.07B | 1.06B |
| Shares Outstanding (Diluted) | 503.0M | 451.0M | 438.0M | 420.0M | 393.0M | 1.07B | 1.08B | 1.16B |
| Dividends Per Share | $0.24 | $0.24 | $0.36 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 |