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HWM · Howmet Aerospace Inc. · Financials

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$205.45 +10.26 (+5.26%) Earnings today Q2 2026 earnings call transcript
Market Cap
$77.84B
Shares
398.80M
Volume · Oct 29 3.55M Avg daily vol (3M) 3.19M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$8.25B +11.1%
FY2025 Revenue FY2016–FY2025
Net Income
$1.51B +30.6%
FY2025 Net Income FY2007–FY2025
Operating Margin
24.79% +2.8pp
FY2025 Operating Margin FY2016–FY2025
Diluted EPS
$3.71 +32%
FY2025 Diluted EPS FY2007–FY2025
Operating Cash Flow
$1.88B +45.1%
FY2025 Operating Cash Flow FY2007–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009 FY2008 FY2007
$10B – $10.1B $9.12B $8.25BG $7.43BG $6.64BG $5.66BG $4.97BG $5.26B $7.1B $6.78B $12.96B $12.39B — — — — — — — — —
— — — — -$218M -$229M -$259M -$317M -$338M — — — — — — — — — — — —
— — — — — — — — — — — — — $19.14B $19.29B $20.4B $20.48B $17.17B $16.9B $22.18B $22.8B
— $37M $37M $33M $36M $32M $17M $17M $28M $41M $109M $130M $169M $123M $192M $197M $184M $174M $169M $246M $238M
— $455M $370M $347M $333M $288M $251M $277M $400M $371M $715M $924M $765M $770M $1.01B $997M $1.03B $961M $1.01B $1.17B $1.44B
— — $32M $33M $35M $36M $36M $40M $58M $58M $71M $65M $67M $55M $73M $82M $86M $86M $85M $76M —
— $303M $283M $277M $272M $265M $270M $338M $536M $576M $551M $1.13B $1.28B $1.37B $1.42B $1.46B $1.48B $1.45B $1.31B $1.23B $1.25B
— — — — — — — — — — — $11.98B $12.23B $12.43B $24.85B $23.38B $23.89B — — — —
— $2.5B $2.05B $1.63B $1.2B $919M $748M $626M $579M $775M $480M $954M $628M — — — — — — — —
— — 24.79% 21.98% 18.12% 16.23% 15.04% 11.9% 8.16% 11.43% 3.7% 7.7% — — — — — — — — —
— $2.8B $2.33B $1.91B $1.48B $1.18B $1.02B $964M $1.12B $1.35B $1.03B $2.09B $1.91B — — — — — — — —
— — — — $218M $229M $259M $317M $338M $377M $496M $499M $473M $442M $453M $490M $524M $494M $470M $407M $401M
— — $20M $20M $23M $6M — — — — $19M $16M $16M $19M $13M $31M $20M $19M $18M -$53M —
— -$30M -$40M -$62M -$8M -$82M -$19M -$74M -$31M $30M $486M -$41M $28M $5M $25M $341M $87M -$5M $161M $59M $1.92B
— — — — — — — — — — $0 $7M $0 -$92M -$68M -$28M $15M -$14M -$14M -$41M —
— -$19M -$22M -$25M -$22M -$18M -$9M — — — — — — — — — — — — — —
— $2.28B $1.84B $1.38B $975M $606M $324M $171M $210M $428M $470M $414M $183M $113M -$1.82B $324M $1.06B $548M -$1.5B $792M —
— $411M $332M $228M $210M $137M $66M -$40M $84M $119M $544M $1.48B $339M $174M $428M $162M $255M $148M -$574M $342M $1.62B
— $1.87B $1.51B $1.16B $765M $469M $258M $261M $470M $642M -$74M -$941M -$322M $268M -$2.29B $191M $611M $254M -$1.15B -$74M $2.56B
— — 18.27% 15.55% 11.52% 8.28% 5.19% 4.96% 6.62% 9.47% -0.57% -7.59% — — — — — — — — —
— — — — — — — — — — — — $125M -$91M $41M -$29M $194M $138M $61M $221M $365M
— $1.87B $1.51B $1.15B $763M $467M $256M $259M $468M $640M -$127M -$1.01B -$391M $247M -$2.29B $189M — — — — —
— $1.92B $1.71B $1.11B $776M $491M $338M $277M $69M $727M -$148M -$1.39B -$1.37B -$1.1B -$2.84B -$686M -$376M $1.14B $310M -$3.05B $4B
USD/shares — $4.65 $3.73 $2.83 $1.85 $1.12 $0.60 — $1.05 $1.33 -$0.28 -$2.31 -$0.93 $0.64 -$2.14 $0.18 $0.57 $0.25 -$1.23 -$0.10 $2.95
USD/shares — $4.64 $3.71 $2.81 $1.83G $1.11G $0.59G — $1.03 $1.30 -$0.28 -$2.31 -$0.93 $0.63 -$2.14 $0.18 $0.55 $0.24 -$1.23 -$0.10 $2.94
shares — — 404M 408M 412M 416M 430M 435M 446M 483M 451M 438M 420M 387M 1.07B 1.07B 1.06B 1.02B 935M 810M —
shares — — 406M 410M 416M 421M 435M 439M 463M 503M 451M 438M 420M 393M 1.07B 1.08B 1.16B 1.03B 935M 813M —
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2006–FY2025: $7.3B in buybacks, $2.28B in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Current debt and lease obligations 2026-06-30 USD 451,000,000 10-Q filed 2026-08-06
Current portion of long-term debt 2026-06-30 USD 1,000,000 10-Q filed 2026-08-06
Line of credit borrowings, including current maturities 2026-06-30 USD 0 10-Q filed 2026-08-06
Noncurrent debt carrying amount 2026-06-30 USD 4,050,000,000 10-Q filed 2026-08-06
Operating lease liabilities 2026-06-30 USD 163,000,000 10-Q filed 2026-08-06
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current operating lease liabilities
USD 46,000,000
Noncurrent operating lease liabilities
USD 117,000,000
Short-term borrowings 2026-06-30 USD 450,000,000 10-Q filed 2026-08-06
3 filing observations remain unmatched and are excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
8.97×
Peer median 3.66×
EV/EBIT
32.78×
Peer median 20.63×
P/E (TTM)
42.07×
Peer median 29.69×

Peer medians compare against the 23 similar-size Aerospace & Defense companies (of 90 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Engine Products Segment $4,320,000,000 $3,735,000,000 $3,266,000,000 $2,698,000,000 $2,286,000,000 $2,411,000,000 $3,331,000,000 $3,108,000,000
Fastening Systems $1,745,000,000 $1,576,000,000 $1,349,000,000 $1,117,000,000 $1,044,000,000 $1,245,000,000 $1,561,000,000 $1,531,000,000
Engineered Structures $1,148,000,000 $1,065,000,000 $878,000,000 — — — — —
Forged Wheels $1,039,000,000 $1,054,000,000 $1,147,000,000 $1,058,000,000 $921,000,000 $679,000,000 $969,000,000 $966,000,000
Engineered Products and Forgings — — — — — — — $6,798,000,000
Engineered Products and Solutions — — — — — — — $6,798,000,000
Global Rolled Products — — — — — — — $7,428,000,000
Transportation and Construction Solutions — — — — — — — $14,021,000,000
Structure Systems — $1,065,000,000 $878,000,000 $790,000,000 $731,000,000 $934,000,000 $1,268,000,000 $1,228,000,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
United States $4,377,000,000 $3,713,000,000 $3,273,000,000 $2,928,000,000 $2,542,000,000 $2,782,000,000 $3,534,000,000 $3,265,000,000
Other Geographical Regions $1,025,000,000 $940,000,000 $909,000,000 $742,000,000 $630,000,000 $586,000,000 $783,000,000 $825,000,000
France $625,000,000 $678,000,000 $578,000,000 $394,000,000 $330,000,000 $327,000,000 $480,000,000 $462,000,000
Japan $513,000,000 $355,000,000 $378,000,000 $319,000,000 $319,000,000 $388,000,000 $168,000,000 $112,000,000
Germany $439,000,000 $458,000,000 $363,000,000 $292,000,000 $257,000,000 $309,000,000 $195,000,000 $196,000,000
United Kingdom $376,000,000 $350,000,000 $283,000,000 $228,000,000 $213,000,000 $231,000,000 $546,000,000 $523,000,000
Italy $264,000,000 $287,000,000 $220,000,000 $180,000,000 $181,000,000 $181,000,000 — —
Canada $187,000,000 $174,000,000 $145,000,000 $138,000,000 $127,000,000 $119,000,000 $179,000,000 $155,000,000
Mexico $166,000,000 $220,000,000 $263,000,000 $235,000,000 $225,000,000 $185,000,000 $277,000,000 $252,000,000
Poland $150,000,000 $152,000,000 $130,000,000 $96,000,000 $77,000,000 $76,000,000 — —
China $130,000,000 $103,000,000 $98,000,000 $111,000,000 $71,000,000 $75,000,000 $420,000,000 $438,000,000
Brazil — — — — — — $131,000,000 $165,000,000
Hungary — — — — — — $385,000,000 $385,000,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2019 FY2018 FY2017
Aerospace Commercial $4,322,000,000 $3,871,000,000 $3,229,000,000 $2,606,000,000 — — —
Aerospace Defense $1,409,000,000 $1,164,000,000 $1,015,000,000 $923,000,000 — — —
Commercial Transportation $1,248,000,000 $1,308,000,000 $1,402,000,000 $1,283,000,000 — — —
Gas Turbines $944,000,000 $755,000,000 $674,000,000 — — — —
Product And Service Other $329,000,000 $332,000,000 $320,000,000 — — — —
Aluminum Extrusions — — — — $493,000,000 $484,000,000 $471,000,000
Architectural Aluminum Systems — — — — $1,118,000,000 $1,135,000,000 $1,069,000,000
Arconic Engine Products — — — — $3,452,000,000 $3,220,000,000 $2,965,000,000
Arconic Fastening Systems — — — — $1,561,000,000 $1,531,000,000 $1,484,000,000
Arconic Forged Wheels — — — — $969,000,000 $966,000,000 $828,000,000
Flat Rolled Aluminum — — — — $5,471,000,000 $5,604,000,000 $5,000,000,000
Investment Castings — — — — $1,123,000,000 $1,081,000,000 $1,023,000,000
Other Group — — — — $5,000,000 -$7,000,000 $120,000,000
Industrial and Other — — — $851,000,000 — — —

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2021 FY2020 FY2019 FY2018
Engine Products Segment $440,000,000 $417,000,000 $621,000,000 $464,000,000
Wheel Systems $255,000,000 $153,000,000 $253,000,000 $220,000,000
Fastening Systems $190,000,000 $247,000,000 $396,000,000 $357,000,000
Structure Systems $54,000,000 $73,000,000 $120,000,000 $64,000,000

Operating Margin by Segment (%)

Component FY2021 FY2020 FY2019 FY2018
Engine Products Segment 19.2% 17.3% 18.6% 14.9%
Fastening Systems 18.2% 19.8% 25.4% 23.3%
Structure Systems 7.4% 7.8% 9.5% 5.2%
Key facts CIK 4281 CUSIP 443201108 13F (30d) 520 filings 500 filers Visit website Investor relations