Howmet Aerospace Inc. (HWM) Financial Statements
Industry: Rolling Drawing & Extruding of Nonferrous Metals
In fiscal 2025, Howmet Aerospace reported revenue of $8.25B, up 11.1% from $7.43B the year before. Net income was $1.51B (a 18.3% net margin), or $3.71 per diluted share. Operating margin was 24.8%. Operating activities generated $1.88B of cash, leaving $1.43B of free cash flow. At fiscal year end, Howmet Aerospace held $11.18B in total assets against $5.83B in total liabilities, including $742.0M of cash and equivalents.
Open the full interactive Howmet Aerospace financials → Quarterly statements, key ratios, valuation history and price charts.
Howmet Aerospace Key Stats
| Share Price | $216.84 |
|---|---|
| Market Cap | $87.17B |
| P/E Ratio | 58.4 |
| Revenue YoY Growth | +11.1% |
| 52-Week Range | $189.29 – $292.65 |
| Shares Outstanding | 400.0 million (basic, 2026 Q2) |
Howmet Aerospace Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $5.26B | $4.97B | $5.66B | $6.64B | $7.43B | $8.25B |
| Operating Income | $626.0M | $748.0M | $919.0M | $1.20B | $1.63B | $2.05B |
| Pre-Tax Income | $171.0M | $324.0M | $606.0M | $975.0M | $1.38B | $1.84B |
| Income Tax | -$40.0M | $66.0M | $137.0M | $210.0M | $228.0M | $332.0M |
| Net Income | $261.0M | $258.0M | $469.0M | $765.0M | $1.16B | $1.51B |
| Diluted EPS | $0.59 | $0.59 | $1.11 | $1.83 | $2.81 | $3.71 |
Howmet Aerospace Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.09B | $2.17B | $2.31B | $2.55B |
| Net Income | $385.0M | $372.0M | $580.0M | $534.0M |
| Diluted EPS | $0.95 | $0.92 | $1.44 | $1.33 |
Howmet Aerospace Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.61B | $720.0M | $791.0M | $610.0M | $564.0M | $742.0M |
| Current Assets | $3.67B | $2.74B | $3.14B | $3.32B | $3.36B | $3.78B |
| Total Assets | $11.44B | $10.22B | $10.26B | $10.43B | $10.52B | $11.18B |
| Current Liabilities | $1.66B | $1.25B | $1.48B | $1.78B | $1.55B | $1.77B |
| Total Long-Term Debt | $5.08B | $4.23B | $4.16B | $3.71B | $3.31B | $3.05B |
| Total Liabilities | $7.87B | $6.71B | $6.65B | $6.39B | $5.96B | $5.83B |
| Shareholders' Equity | $3.58B | $3.51B | $3.60B | $4.04B | $4.55B | $5.35B |
Howmet Aerospace Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $9.0M | $449.0M | $733.0M | $901.0M | $1.30B | $1.88B |
| Cash From Investing | $271.0M | $107.0M | -$135.0M | -$215.0M | -$316.0M | -$438.0M |
| Cash From Financing | -$369.0M | -$1.44B | -$526.0M | -$868.0M | -$1.03B | -$1.27B |
| Free Cash Flow | -$258.0M | $250.0M | $540.0M | $682.0M | $977.0M | $1.43B |
Figures from Howmet Aerospace's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Howmet Aerospace financials page for every line item.
Howmet Aerospace Company Profile
| Ticker | HWM |
|---|---|
| Exchange | NYSE |
| Industry | Rolling Drawing & Extruding of Nonferrous Metals |
| Headquarters | Pittsburgh, Pennsylvania |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000004281 |
Frequently Asked Questions
What was Howmet Aerospace's revenue in fiscal 2025?
Howmet Aerospace (HWM) reported revenue of $8.25B for fiscal 2025.
What is Howmet Aerospace's annual revenue history?
Howmet Aerospace's annual revenue by fiscal year: 2020: $5.26B; 2021: $4.97B; 2022: $5.66B; 2023: $6.64B; 2024: $7.43B; 2025: $8.25B.
What was Howmet Aerospace's net income in fiscal 2025?
Howmet Aerospace reported net income of $1.51B for fiscal 2025.
What was Howmet Aerospace's earnings per share (EPS) in fiscal 2025?
Howmet Aerospace's diluted EPS was $3.71 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Howmet Aerospace generate in fiscal 2025?
Howmet Aerospace generated $1.43B of free cash flow in fiscal 2025.
What was Howmet Aerospace's revenue last quarter?
In its most recent reported quarter (2026 Q2), Howmet Aerospace reported revenue of $2.55B.
How much debt does Howmet Aerospace have?
Howmet Aerospace reported $3.05B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Howmet Aerospace are outstanding?
Howmet Aerospace reported a weighted average of 400.0 million basic shares outstanding in 2026 Q2.
What is Howmet Aerospace's market cap?
Based on its latest closing price, Howmet Aerospace (HWM) has a market capitalization of about $87.17B.
When does Howmet Aerospace's fiscal year end?
Howmet Aerospace's fiscal year end, as registered with the SEC, is December 31.
Where is Howmet Aerospace headquartered?
Howmet Aerospace lists its business address in Pittsburgh, Pennsylvania in its SEC filings.
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