For the year ending 2025-12-31, HWM made $8,252M in revenue. $1,508M in net income. Net profit margin of 18.27%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Sales | 8,252 | 7,430 | 6,640 | 5,663 |
| Cost of goods sold (exclusive of expenses below) | 5,432 | 5,119 | 4,773 | 4,103 |
| Selling, general administrative, and other expenses | 370 | 347 | 333 | 288 |
| Research and development expenses | 37 | 33 | 36 | 32 |
| Provision for depreciation and amortization | 283 | 277 | 272 | 265 |
| Restructuring and other charges | 84 | 21 | 23 | 56 |
| Operating income | 2,046 | 1,633 | 1,203 | 919 |
| Loss on debt redemption | -15 | -6 | -2 | -2 |
| Interest expense, net | -151 | -182 | 218 | 229 |
| Other expense, net | -40 | -62 | -8 | -82 |
| Income before income taxes | 1,840 | 1,383 | 975 | 606 |
| Provision for income taxes | 332 | 228 | 210 | 137 |
| Net income from continuing operations attributable to common shareholders | - | - | - | 469 |
| Income from discontinued operations after income taxes | - | - | - | 0 |
| Net income | 1,508 | 1,155 | 765 | 469 |
| Basic EPS | 3.73 | 2.83 | 1.85 | - |
| Diluted EPS | 3.71 | 2.81 | 1.83 | - |
| Basic Average Shares | 404,000,000 | 408,000,000 | 412,000,000 | 416,000,000 |
| Diluted Average Shares | 406,000,000 | 410,000,000 | 416,000,000 | 421,000,000 |
Howmet Aerospace Inc. (HWM)
Howmet Aerospace Inc. (HWM)