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Stocks Space HWM

Howmet Aerospace HWM

US equityMarket cap rank #172SpaceDefense
$232.16
+$3.38 (+1.48%)
Market open · Sep 24, 1:10 pm ET
After hours $228.78 0.00%
Open$226.70
Prev close$228.78
Day range$225.62 – $232.43
Volume712.8K
Market cap$92.59B
P/E (TTM)50.0
Dividend yield0.21%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$2.55B+24.1% YoY
Operating profit$711.00M+36.5% YoY
Net profit$534.00M+31.2% YoY
Diluted EPS$1.33+33.0% YoY
Free cash flow$479.00M+39.2% YoY
Operating cash flow$583.00M

Revenue, last 8 quarters

$1.8BSep '24$1.9BDec '24$1.9BMar '25$2.1BJun '25$2.1BSep '25$2.2BDec '25$2.3BMar '26$2.5BJun '26

Net profit, last 8 quarters

$332.0MSep '24$314.0MDec '24$344.0MMar '25$407.0MJun '25$385.0MSep '25$372.0MDec '25$580.0MMar '26$534.0MJun '26

Diluted EPS by quarter

0.81Sep '240.77Dec '240.84Mar '251.00Jun '250.95Sep '250.92Dec '251.44Mar '261.33Jun '26

Free cash flow by quarter

$162.0MSep '24$378.0MDec '24$134.0MMar '25$344.0MJun '25$423.0MSep '25$530.0MDec '25$359.0MMar '26$479.0MJun '26

Annual revenue

$5.3BFY20$5.0BFY21$5.7BFY22$6.6BFY23$7.4BFY24$8.3BFY25

Profitability & balance sheet

Gross margin36.0%
Operating margin27.3%
Net margin20.5%
Return on equity34.9%
Return on assets15.4%
Return on invested capital21.3%
Current ratio1.82
Liabilities / assets56.7%
Cash & investments$563.00M
Total debt$4.62B
Net cash (debt)-$4.06B
Free cash flow / sales19.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Engine Products$1.38B 53.8%
  • Fastening Systems$589.00M 23.0%
  • Forged Wheels$316.00M 12.4%
  • Engineered Structures$277.00M 10.8%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $2.55B $2.31B $8.25B $2.17B $2.09B
Total Operating Revenue $2.55B $2.31B $8.25B $2.17B $2.09B
Cost of Revenue $1.60B $1.46B $5.43B $1.41B $1.37B
Gross Profit $951.00M $854.00M $2.82B $756.00M $724.00M
Operating Expense $240.00M $194.00M $690.00M $179.00M $182.00M
Selling and Admin Expenses $148.00M $111.00M $370.00M $96.00M $100.00M
Research & Development $8.00M $9.00M $37.00M $10.00M $10.00M
Depreciation & Amortization & Depletion $84.00M $74.00M $283.00M $73.00M $72.00M
-Depreciation & Amortization $84.00M $74.00M $283.00M $73.00M $72.00M
Operating Profit $711.00M $660.00M $2.13B $577.00M $542.00M
Net Non-Operating Interest Income (Expense) -$44.00M -$33.00M -$131.00M -$30.00M -$32.00M
Non-Operating Interest Income $7.00M $10.00M $20.00M $7.00M $5.00M
Non-Operating Interest Expense $51.00M $43.00M $151.00M $37.00M $37.00M
Other Income (Expense) -$18.00M $81.00M -$159.00M -$117.00M -$15.00M
Gain on Sale of Security -$5.00M -$5.00M -$19.00M -$6.00M -$5.00M
Special Income (Charges) $0.00 $93.00M -$99.00M -$103.00M $0.00
-Less:Restructuring and Mergern & Acquisition $0.00 -$93.00M $90.00M $88.00M $1.00M
-Gain on Sale Of Business $0.00 $1.00M
Other Non-Operating Income (Expenses) -$13.00M -$7.00M -$41.00M -$8.00M -$10.00M
Pretax Profit $649.00M $708.00M $1.84B $430.00M $495.00M
Tax $115.00M $128.00M $332.00M $58.00M $110.00M
Net Profit $534.00M $580.00M $1.51B $372.00M $385.00M
Profit from Continuing Operations $534.00M $580.00M $1.51B $372.00M $385.00M
Net Income to Parent Company $534.00M $580.00M $1.51B $372.00M $385.00M
Net Income to Common Stockholders $534.00M $580.00M $1.51B $372.00M $384.00M
Basic EPS $1.33 $1.45 $3.73 $0.92 $0.96
Diluted EPS $1.33 $1.44 $3.71 $0.92 $0.95
Dividend Per Share $0.12 $0.12 $0.44 $0.12 $0.12
-General & Admin Expense $111.00M $370.00M $96.00M $100.00M
-Less:Impairment of Capital Assets $0.00
-Less:Other Special Charges $15.00M
-Gain on Sale of Property/Plant/Equipment $6.00M
Preferred Stock Dividends $2.00M $0.00 $1.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $13.25B $13.07B $11.18B $11.18B $11.18B
Total Current Assets $4.19B $5.66B $3.78B $3.78B $3.82B
Cash and Cash Equivalents & Short-Term Investments $563.00M $2.44B $742.00M $742.00M $659.00M
-Cash and Cash Equivalents $563.00M $2.44B $742.00M $742.00M $659.00M
Receivables $1.04B $940.00M $796.00M $796.00M $901.00M
-Accounts Receivable $1.04B $940.00M $779.00M $779.00M $884.00M
Inventory $2.18B $1.98B $1.85B $1.85B $1.98B
Other Current Assets $407.00M $307.00M $392.00M $392.00M $289.00M
Total Non-Current Assets $9.06B $7.41B $7.40B $7.40B $7.35B
Net PPE $2.98B $2.61B $2.76B $2.76B $2.71B
-Gross PPE $6.31B $5.89B $5.99B $5.99B $6.07B
-Accumulated Depreciation -$3.33B -$3.28B -$3.24B -$3.24B -$3.36B
Goodwill and Other Intangible Assets $5.95B $4.53B $4.48B $4.48B $4.52B
-Goodwill $5.08B $4.08B $4.02B $4.02B $4.06B
-Other Intangible Assets $869.00M $451.00M $457.00M $457.00M $462.00M
Non-Current Deferred Assets $48.00M $35.00M $40.00M $40.00M $31.00M
Other Non-Current Assets $78.00M $232.00M $126.00M $126.00M $88.00M
Total Liabilities $7.52B $7.55B $5.83B $5.83B $6.03B
Total Current Liabilities $2.31B $2.32B $1.77B $1.77B $1.63B
Payables $1.24B $1.14B $922.00M $922.00M $1.03B
-Accounts Payable $1.15B $1.06B $845.00M $845.00M $957.00M
-Total Tax Payable $87.00M $81.00M $77.00M $77.00M $71.00M
Current Accrued Expenses $62.00M $39.00M $47.00M $47.00M $32.00M
Short-Term Debt and Capital Lease Obligation $497.00M $636.00M $233.00M $233.00M $42.00M
-Current Debt $451.00M $636.00M $191.00M $191.00M $1.00M
-Current Capital Lease Obligation $46.00M $42.00M $42.00M $41.00M
Current Deferred Liabilities $119.00M $129.00M $147.00M $147.00M
Other Current Liabilities $88.00M $109.00M $79.00M $79.00M $209.00M
Total Non-Current Liabilities $5.21B $5.23B $4.06B $4.06B $4.41B
Long Term Debt and Capital Lease Obligation $4.17B $4.05B $2.98B $2.98B $3.31B
-Long Term Debt $4.05B $4.05B $2.86B $2.86B $3.19B
-Long Term Capital Lease Obligation $117.00M $121.00M $121.00M $122.00M
Employee Benefits $545.00M $569.00M $584.00M $584.00M $647.00M
Other Non-Current Liabilities $501.00M $611.00M $491.00M $491.00M $452.00M
Total Equity $5.73B $5.52B $5.35B $5.35B $5.14B
Stockholders' Equity $5.73B $5.52B $5.35B $5.35B $5.14B
Capital Stock $400.00M $401.00M $402.00M $402.00M $458.00M
-Common Stock $400.00M $401.00M $402.00M $402.00M $403.00M
Additional Paid-In Capital $1.92B $2.19B $2.53B $2.53B $2.72B
Retained Earnings $5.11B $4.63B $4.09B $4.09B $3.72B
Gains/Losses Not Affecting Retained Earnings -$1.70B -$1.69B -$1.67B -$1.67B -$1.75B
-Other Receivables $17.00M $17.00M $17.00M
-Preferred Stock $0.00 $0.00 $55.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $583.00M $453.00M $1.88B $654.00M $531.00M
Net cash flow from continuing operations $583.00M $453.00M $1.88B $654.00M $531.00M
Net Income from Continuing Operations $534.00M $580.00M $1.51B $372.00M $385.00M
Gain/Loss from Continuing Operations $12.00M $11.00M $57.00M $26.00M $10.00M
Depreciation & Depletion & Amortization $84.00M $74.00M $283.00M $73.00M $72.00M
Deferred Tax -$6.00M $15.00M $17.00M -$58.00M $63.00M
Other Non-Cash Items $6.00M -$86.00M $44.00M $58.00M -$23.00M
Change in Working Capital -$83.00M -$162.00M -$98.00M $169.00M $4.00M
-Change in Receivables -$32.00M -$164.00M -$109.00M $71.00M -$10.00M
-Change in Inventory -$55.00M -$110.00M -$50.00M $45.00M -$14.00M
-Change in Prepaid Assets -$41.00M -$12.00M -$10.00M $1.00M -$17.00M
-Change in Payables and Accrued Expense $100.00M $120.00M $23.00M $8.00M -$12.00M
-Change in Other Current Assets -$2.00M -$5.00M -$14.00M -$8.00M -$4.00M
-Change in Other Current Liabilities $21.00M -$17.00M $68.00M $55.00M $29.00M
-Change In Other Working Capital -$74.00M $26.00M -$6.00M -$3.00M $32.00M
Net cash flow from investing -$1.91B $14.00M -$438.00M -$122.00M -$104.00M
Net Cash Flow from Continuing Investing Activities -$1.91B $14.00M -$438.00M -$122.00M -$104.00M
Capital Expenditure -$104.00M -$94.00M -$453.00M -$124.00M -$108.00M
Net Business Purchase and Sale -$1.81B -$118.00M $0.00
Net Other Investing Changes $3.00M $224.00M $9.00M $0.00 $0.00
Financing Cash Flow -$541.00M $1.23B -$1.27B -$449.00M -$314.00M
Net Cash Flow from Continuing Financing Activities -$541.00M $1.23B -$1.27B -$449.00M -$314.00M
Net Issuance Payments Of Debt -$186.00M $1.65B -$265.00M -$125.00M -$63.00M
Net Common Stock Issuance -$300.00M -$300.00M -$700.00M -$200.00M -$200.00M
Cash Dividends Paid -$49.00M -$48.00M -$181.00M -$50.00M -$48.00M
Net Other Financing Charges -$6.00M -$76.00M -$69.00M -$19.00M -$4.00M
Ending Cash Balance $564.00M $2.44B $743.00M $743.00M $660.00M
Net Change in Cash -$1.87B $1.69B $177.00M $83.00M $113.00M
Beginning Cash Balance $2.44B $743.00M $565.00M $660.00M $546.00M
Effect of Exchange Rate Changes $0.00 $0.00 $1.00M $0.00 $1.00M
Free Cash Flow $479.00M $359.00M $1.43B $530.00M $423.00M
Net Investment Purchase and Sale $2.00M $6.00M $2.00M
Proceeds from Stock Option Exercised $0.00 $1.00M $0.00 $0.00
Net Preferred Stock Issuance -$55.00M
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