Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 7.4B
Gross Profit 2.3B 31.10%
Operating Income 1.6B 22.06%
Net Income 1.2B 15.55%
EPS (Diluted) $2.81

Balance Sheet Metrics

Total Assets 10.5B
Total Liabilities 6.0B
Shareholders Equity 4.6B
Debt to Equity 1.31

Cash Flow Metrics

Operating Cash Flow 1.3B
Free Cash Flow 977.0M

Revenue & Profitability Trend

Howmet Aerospace Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 7.4B 6.6B 5.7B 5.0B 5.3B
Cost of Goods Sold 5.1B 4.8B 4.1B 3.6B 3.9B
Gross Profit 2.3B 1.9B 1.6B 1.4B 1.4B
Operating Expenses 395.0M 379.0M 312.0M 276.0M 304.0M
Operating Income 1.6B 1.2B 983.0M 830.0M 798.0M
Pre-tax Income 1.4B 975.0M 606.0M 324.0M 171.0M
Income Tax 228.0M 210.0M 137.0M 66.0M -40.0M
Net Income 1.2B 765.0M 469.0M 258.0M 261.0M
EPS (Diluted) $2.81 $1.83 $1.11 $0.59 $0.59

Income Statement Trend

Howmet Aerospace Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 3.4B 3.3B 3.1B 2.7B 3.7B
Non-Current Assets 7.2B 7.1B 7.1B 7.5B 7.8B
Total Assets 10.5B 10.4B 10.3B 10.2B 11.4B
Liabilities
Current Liabilities 1.5B 1.8B 1.5B 1.3B 1.7B
Non-Current Liabilities 4.4B 4.6B 5.2B 5.5B 6.2B
Total Liabilities 6.0B 6.4B 6.7B 6.7B 7.9B
Equity
Total Shareholders Equity 4.6B 4.0B 3.6B 3.5B 3.6B

Balance Sheet Composition

Howmet Aerospace Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 1.2B 765.0M 469.0M 258.0M 261.0M
Operating Cash Flow 1.3B 827.0M 672.0M 411.0M 105.0M
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow 5.0M 4.0M 58.0M 306.0M 538.0M
Financing Activities
Dividends Paid -109.0M -73.0M -44.0M -19.0M -11.0M
Financing Cash Flow -1.0B -879.0M -542.0M -1.5B -402.0M
Free Cash Flow 977.0M 682.0M 540.0M 250.0M -258.0M

Cash Flow Trend

Howmet Aerospace Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 57.21
Forward P/E 55.40
Price to Book 14.98
Price to Sales 9.39
PEG Ratio 55.40

Profitability Ratios

Profit Margin 16.64%
Operating Margin 24.92%
Return on Equity 28.30%
Return on Assets 10.20%

Financial Health

Current Ratio 2.30
Debt to Equity 72.68
Beta 1.43

Per Share Data

EPS (TTM) $3.07
Book Value per Share $11.73
Revenue per Share $18.56

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
hwm 70.9B 57.21 14.98 28.30% 16.64% 72.68
General Electric 255.3B 37.76 13.26 27.20% 17.63% 106.40
RTX 194.8B 42.63 3.17 7.80% 5.63% 67.80
Boeing 151.8B -10.96 -46.52 303.40% -16.58% -16.81
Lockheed Martin 110.7B 20.36 16.47 82.55% 7.66% 303.82
TransDigm 82.6B 49.50 -14.95 -23.57% 22.66% -4.43

Financial data is updated regularly. All figures are in the company's reporting currency.