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Overview

Howmet Aerospace Inc.

HWMNYSEIndustrialsRolling Drawing & Extruding of Nonferrous MetalsCIK 0000004281Large-cap benchmark

Latest 10-K: FY2025, filed Feb 12, 2026 · Open the 10-K (Inline XBRL) ↗

Revenue
$8.25B
11.1%YoYup from FY2024
TotalRevenue
Gross profit
$2.82B
22.0%YoYup from FY2024
GrossProfit
Operating income
$2.05B
25.3%YoYup from FY2024
OperatingIncome
Net income
$1.51B
30.6%YoYup from FY2024
NetIncome
Diluted EPS
$3.71
32.0%YoYup from FY2024
EPSDiluted
Diluted shares
406.0M
1.0%YoYdown from FY2024
WeightedAvgSharesDiluted

At a glance

Growth

  • Howmet Aerospace Inc. reported revenue of $8.25B for fiscal 2025, up 11.1% from fiscal 2024.
  • Revenue grew faster than the median S&P 500 member in 4 of the last 5 fiscal years.

Profitability

  • Operating margin was 24.8% and net margin was 18.3%, against a median net margin of 12.8% across S&P 500 members for the same fiscal year.

Per share

  • Diluted EPS was $3.71, up 32.0% from the prior year.
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Written from the filed figures on this page by fixed rules — no AI.

Data as of Oct 31, 2026 · Sources: SEC EDGAR 10-K

Financial statements

Annual figures from the 10-K, most recent fiscal year first.

Income Statement

5 annual periods

Chip: YoY change.

Income Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Revenue
$8.25B11.1%up
Benchmark median 6.4%
$7.43B11.9%up
Benchmark median 4.5%
$6.64B17.3%up
Benchmark median 4.8%
$5.66B13.9%up
Benchmark median 10.3%
$4.97B5.5%down
Benchmark median 13.8%
13.5%
Benchmark median 6.6%
Gross Profit
Median of 315 / 498
$2.82B22.0%up
Benchmark median 6.8%
$2.31B23.8%up
Benchmark median 5.5%
$1.87B19.7%up
Benchmark median 5.2%
$1.56B13.4%up
Benchmark median 8.3%
$1.38B0.4%down
Benchmark median 15.7%
19.6%
Benchmark median 6.2%
Operating Income
Median of 373 / 498
$2.05B25.3%up
Benchmark median 7.3%
$1.63B35.7%up
Benchmark median 7.4%
$1.20B30.9%up
Benchmark median 4.9%
$0.92B22.9%up
Benchmark median 7.5%
$0.75B19.5%up
Benchmark median 23.5%
28.6%
Benchmark median 7.2%
Net Income
$1.51B30.6%up
Benchmark median 4.8%
$1.16B51.0%up
Benchmark median 5.7%
$0.77B63.1%up
Benchmark median 1.9%
$0.47B81.8%up
Benchmark median 1.3%
$0.26B1.1%down
Benchmark median 33.9%
55.5%
Benchmark median 4.1%
EPS (Diluted)
$3.7132.0%up
Benchmark median 6.2%
$2.8153.6%up
Benchmark median 7.9%
$1.8364.9%up
Benchmark median 1.9%
$1.1188.1%up
Benchmark median 1.5%
$0.59
Benchmark median 34.8%
58.4%
Benchmark median 5.6%

Balance Sheet

5 annual periods

Chip: YoY change.

Balance Sheet, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Total Assets
$11.18B6.3%up
Benchmark median 5.6%
$10.52B0.9%up
Benchmark median 3.4%
$10.43B1.7%up
Benchmark median 4.1%
$10.26B0.4%up
Benchmark median 2.2%
$10.22B10.7%down
Benchmark median 6.7%
2.3%
Benchmark median 4.7%
Total Liabilities
Median of 357 / 498
$5.83B2.3%down
Benchmark median 6.4%
$5.96B6.7%down
Benchmark median 1.9%
$6.39B4.0%down
Benchmark median 2.9%
$6.65B0.8%down
Benchmark median 2.0%
$6.71B14.7%down
Benchmark median 5.2%
-3.5%
Benchmark median 4.4%
Stockholders' Equity
$5.35B17.5%up
Benchmark median 6.8%
$4.55B12.8%up
Benchmark median 5.4%
$4.04B12.1%up
Benchmark median 7.3%
$3.60B2.7%up
Benchmark median 2.5%
$3.51B1.9%down
Benchmark median 9.0%
11.1%
Benchmark median 6.1%
Cash & Equivalents
$742.00M31.6%up
Benchmark median 5.2%
$564.00M7.5%down
Benchmark median 1.9%
$610.00M22.9%down
Benchmark median 6.7%
$791.00M9.9%up
Benchmark median -8.6%
$720.00M55.3%down
Benchmark median -2.9%
0.8%
Benchmark median 2.0%
Total Debt
$3.05B8.0%down
Benchmark median 2.1%
$3.31B10.6%down
Benchmark median 0.2%
$3.71B11.0%down
Benchmark median 0.3%
$4.16B1.8%down
Benchmark median 0.1%
$4.24B22.3%down
Benchmark median -0.1%
-7.9%
Benchmark median 4.3%

Cash Flow Statement

5 annual periods

Chip: YoY change.

Cash Flow Statement, annual, newest fiscal year first. 4Y CAGR: compound annual growth from the oldest to the newest year shown. Muted line: large-cap benchmark median change. Line under a label: how many large-cap benchmark companies its median rests on.
Line itemFY2025FY2024FY2023FY2022FY20214Y CAGR
Operating Cash Flow
$1.88B45.1%up
Benchmark median 6.3%
$1.30B44.1%up
Benchmark median 4.8%
$0.90B22.9%up
Benchmark median 9.9%
$0.73B63.3%up
Benchmark median -0.7%
$0.45B4888.9%up
Benchmark median 10.7%
43.1%
Benchmark median 7.0%
Capital Expenditures
$453.00M41.1%up
Benchmark median 5.4%
$321.00M46.6%up
Benchmark median 2.8%
$219.00M13.5%up
Benchmark median 11.3%
$193.00M3.0%down
Benchmark median 14.0%
$199.00M25.5%down
Benchmark median 8.1%
22.8%
Benchmark median 9.0%
Free Cash Flow
Median of 378 / 498
$1.43B46.5%up
Benchmark median 7.3%
$0.98B43.3%up
Benchmark median 6.1%
$0.68B26.3%up
Benchmark median 8.8%
$0.54B116.0%up
Benchmark median -11.3%
$0.25Bn/m
Benchmark median 10.2%
54.7%
Benchmark median 4.9%

n/m: not meaningful — the base (the prior year, or the first year for the CAGR) was zero or negative, or a per-share figure’s share basis changed (stock split). “—” means the figure is not available.

Benchmark median = median of the companies in the benchmark universe on Dec 31 of each fiscal year, from their own 10-K filings; a change counts only companies whose prior year was positive. Each median uses every member that reports the line item; where fewer than 80% do (banks and insurers file no gross profit), the row names how many. Published where at least 250 companies report it. Updated 2026-10-27. This compares reported figures, not share-price returns. Methodology

Ratios & valuation

FY2025

Every ratio read two ways: Wall Street’s popular formula and the value investor’s stricter one. Same question, same unit. Pick a ratio.

Valuation · Earnings yield

What a dollar of market value earned

1.8%

Wall Street

on net earnings

FY2024 2.6%

1.7%

Value investor

on free cash flow

FY2024 2.2%

Gap −0.1 pts: Value-investor figure 0.1 points lower

How it’s calculated

Wall Street · on net earnings

Diluted EPS ÷ fiscal-year-end share price (1 ÷ P/E)

pe_ratio (ratio table)

P/E 55.3×

Value investor · on free cash flow

(Operating cash flow − capital expenditures) ÷ market capitalisation (fiscal-year-end close × weighted-average diluted shares)

free cash flow ÷ market cap

Each ratio measures one thing two ways, in the same unit: the popular formula, then a stricter one, so a lower figure is the stricter reading. Gap = value-investor figure minus Wall Street figure, from the figures shown.

Price-based ratios use the fiscal-year-end closing price. Free cash flow = operating cash flow − capital expenditures (we compute it; filings rarely report it). n/m = not meaningful (denominator ≤ 0); “—” = not reported. Each ratio’s formulas are under “How it’s calculated”.

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Smart money

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Showing the most recent 5 annual periods. Get longer history on the Pro plan, or the full history (1993–present) plus the smart-money dataset and webhooks on Institutional.

Peers, filings & research

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Research Reports

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Reports appear here as analysts publish research on this company — built with Valuein's agentic workflows on data pinned to its SEC filing. Be the first: run equity_research_brief on HWM and publish the result to your public profile.

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Cite this page

Data as of Oct 31, 2026. Canonical address: https://valuein.biz/data/HWM

APA-style text
Valuein. (2026, October 31). Howmet Aerospace Inc. (HWM) financial statements, earnings power and smart-money summary [Data set]. Source: SEC EDGAR filings. https://valuein.biz/data/HWM
BibTeX
@misc{valuein_hwm_2026,
  author = {{Valuein}},
  title = {Howmet Aerospace Inc. (HWM) financial statements, earnings power and smart-money summary},
  year = {2026},
  howpublished = {\url{https://valuein.biz/data/HWM}},
  note = {Data as of 2026-10-31; source: SEC EDGAR filings}
}
Open 10-K in SEC Inline XBRL viewer

10-K filed Feb 12, 2026 · accession 0000004281-26-000012

Agents: every figure Valuein's tools return carries a fact_id that traces to its SEC filing.

point-in-time · survivorship-free · every number traceable to its SEC filing

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