Howmet Aerospace Inc

NYSE:HWMIndustrialsNASDAQ:NQUSLGSTOXX:EDD24BP

——At close · Market cap — · Next earnings Thu 29 Oct

HWM · Income statement · TradingHolo

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	5.3	5.0	5.7	6.6	7.4	8.3	9.1	+10.5%
Cost of revenue	4.1	3.8	4.3	5.0	5.4	5.7	6.1	+6.1%
Gross profit	1.1	1.1	1.4	1.6	2.1	2.5	3.1	+20.5%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	+0.0%
Selling, general & administrative	0.3	0.3	0.3	0.3	0.4	0.4	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	0.3	0.3	0.3	0.4	0.4	0.4	—	—
Operating income	0.8	0.9	1.0	1.2	1.7	2.1	2.5	+17.1%
Interest expense	0.4	0.3	0.2	0.2	0.2	0.2	0.2	+11.3%
Interest income	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other income / expense	(0.7)	(0.5)	(0.4)	(0.3)	(0.3)	(0.3)	—	—
Pre-tax income	0.2	0.3	0.6	1.0	1.4	1.8	2.3	+24.0%
Income tax	(0.0)	0.1	0.1	0.2	0.2	0.3	0.4	+23.8%
Net income	0.2	0.3	0.5	0.8	1.2	1.5	1.9	+24.1%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	0.48	0.60	1.12	1.85	2.83	3.73	4.67	+25.1%
EPS, diluted (per share)	0.48	0.59	1.11	1.83	2.81	3.71	4.64	+25.1%
EBITDA	0.8	0.9	1.1	1.5	1.8	2.3	2.8	+23.0%
Depreciation & amortization	0.3	0.3	0.3	0.3	0.3	0.3	0.3	+7.1%
Weighted average shares (shares)	435,134,173	429,834,301	416,043,332	412,173,414	408,000,000	404,000,000	—	—
Weighted average diluted shares (shares)	439,000,000	435,000,000	421,000,000	416,000,000	410,000,000	406,000,000	—	—
Gross margin	21.7%	22.8%	23.9%	24.3%	27.6%	30.7%	33.5%	+2.8 pts
Operating margin	16.1%	17.4%	18.3%	18.8%	22.5%	25.8%	27.4%	+1.6 pts
Net margin	4.0%	5.2%	8.3%	11.5%	15.5%	18.3%	20.5%	+2.2 pts

USD billionsUpdated Thu 6 Aug ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.