Howmet Aerospace Inc.

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

Income Statement

Line Item FY2010 FY2009 FY2008 FY2007 FY2006
Revenue $21.01B $18.44B $26.90B $29.28B $407.5M
Products $236.4M
Services $171.1M
Cost of Revenue $17.17B $16.90B $22.18B $22.80B
Gross Profit $3.84B $1.54B $4.73B $6.48B
Gross Margin 18.3% 8.3% 17.6% 22.1%
Operating Expenses
Research & Development $174.0M $169.0M $246.0M $238.0M
SG&A Expense $961.0M $1.01B $1.17B $1.44B
Operating Income $1.04B $-1.03B $1.20B
Operating Margin 5.0% -5.6% 4.5%
Interest Expense $494.0M $470.0M $407.0M $401.0M
Pretax Income $548.0M $-1.50B $792.0M
Income Tax Expense $148.0M $-574.0M $342.0M $1.62B
Net Income $254.0M $-1.15B $-74.0M $2.56B
Net Margin 1.2% -6.2% -0.3% 8.8%
EPS (Basic) $0.25 $-1.23 $-0.10 $2.95
EPS (Diluted) $0.24 $-1.23 $-0.10 $2.94
Shares Outstanding (Basic) 1.02B 935.0M 810.0M
Shares Outstanding (Diluted) 1.03B 935.0M 813.0M
Dividends Per Share $0.12 $0.26 $0.68 $0.68
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