Howmet Aerospace Inc. (HWM) — Financial statements
Income statement, balance sheet, and cash flow for Howmet Aerospace Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8,252↑11.1% | 7,430↑11.9% | 6,640↑17.3% | 5,663↑13.9% | 4,972 | |
| Cost of Revenue | 5,715↑6.3% | 5,378↑7.0% | 5,026↑16.6% | 4,309↑12.3% | 3,838 | |
| Gross Profit | 2,537↑23.6% | 2,052↑27.1% | 1,614↑19.2% | 1,354↑19.4% | 1,134 | |
| Operating Expenses | ||||||
| R&D Expenses | 37↑12.1% | 33↓8.3% | 36↑12.5% | 32↑88.2% | 17 | |
| General & Administrative Expenses | 0.00↓100.0% | 362 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 370↑2.2% | 362↑8.7% | 333↑15.6% | 288↑14.7% | 251 | |
| Other Expenses | 0.00↑100.0% | -15 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 407↑7.1% | 380↑3.0% | 369↑15.3% | 320↑19.4% | 268 | |
| Total Costs & Expenses | 6,122↑6.3% | 5,758↑6.7% | 5,395↑16.5% | 4,629↑12.7% | 4,106 | |
| Operating Results | ||||||
| Operating Income | 2,130↑27.4% | 1,672↑34.3% | 1,245↑20.4% | 1,034↑19.4% | 866 | |
| Depreciation & Amortization | 283↑2.2% | 277↑1.8% | 272↑2.6% | 265↓1.9% | 270 | |
| EBITDA | 2,413↑31.0% | 1,842↑25.7% | 1,465↑33.2% | 1,100↑29.0% | 853 | |
| EBIT | 2,130↑36.1% | 1,565↑31.2% | 1,193↑42.9% | 835↑43.2% | 583 | |
| Interest & Other Income | ||||||
| Net Interest Income | -131↑19.1% | -162↑16.9% | -195↑12.6% | -223↑13.2% | -257 | |
| Interest Income | 20↑0.0% | 20↓13.0% | 23↑283.3% | 6↑200.0% | 2 | |
| Interest Expense | 151↓17.0% | 182↓16.5% | 218↓4.8% | 229↓11.6% | 259 | |
| Non-Operating Income | 0.00↓100.0% | 107↑105.8% | 52↓73.9% | 199↓29.7% | 283 | |
| Other Income / Expenses | -290↓0.3% | -289↓7.0% | -270↑36.9% | -428↑21.0% | -542 | |
| Income Before Tax | 1,840↑33.0% | 1,383↑41.8% | 975↑60.9% | 606↑87.0% | 324 | |
| Income Tax Expense | 332↑45.6% | 228↑8.6% | 210↑53.3% | 137↑107.6% | 66 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,508↑30.6% | 1,155↑51.0% | 765↑63.1% | 469↑81.8% | 258 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 1,508↑30.6% | 1,155↑51.0% | 765↑63.1% | 469↑81.8% | 258 | |
| Bottom-Line Net Income | 1,508↑30.6% | 1,155↑51.0% | 765↑63.8% | 467↑82.4% | 256 | |
| EPS (Basic) | 3.73↑31.8% | 2.83↑53.0% | 1.85↑65.2% | 1.12↑86.7% | 0.60 | |
| EPS (Diluted) | 3.71↑32.0% | 2.81↑53.6% | 1.83↑64.9% | 1.11↑88.1% | 0.59 | |
| Weighted Average Shares | 404↓1.0% | 408↓1.0% | 412↓0.9% | 416↓3.2% | 430 | |
| Weighted Average Diluted Shares | 406↓1.0% | 410↓1.4% | 416↓1.2% | 421↓3.2% | 435 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.