Howmet Aerospace Inc. - Understand $hwm stock

$HWM Market Cap: $48.79 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$7.270B

TTM

Gross Margin

30.37%

TTM

Net Earnings

$1.077B

TTM

Current Assets

$3.391B

Q3 2024

Current Liabilities

$1.517B

Q3 2024

Current Ratio

223.53%

Q3 2024

Total Assets

$10.56B

Q3 2024

Total Liabilities

$6.055B

Q3 2024

Book Value

$4.503B

Q3 2024

Cash

$475.0M

Q3 2024

P/E

45.30

Nov 29, 2024 EST

Free Cash Flow

$1.002B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$6.640B	$5.663B	$4.972B	$5.259B	$7.098B	$6.778B	$12.96B	$12.39B	$12.41B	$12.54B	$23.03B	$23.70B	$24.95B	$21.01B	$18.44B	$26.90B	$29.28B	$28.95B	$25.57B	$22.61B	$20.87B	$19.93B	$22.58B	$22.66B	$16.32B	$15.49B	$13.48B	$13.13B	$12.66B	$10.39B	$9.149B	$9.588B	$9.981B	$10.87B	$11.16B	$9.936B	$7.859B	$6.505B	$6.684B	$5.799B	$5.285B
YoY Change	17.25%	13.9%	-5.46%	-25.91%	4.72%	-47.7%	4.57%	-0.15%	-1.03%	-45.55%	-2.82%	-5.01%	18.74%	13.96%	-31.46%	-8.13%	1.14%	13.23%	13.09%	8.33%	4.7%	-11.7%	-0.37%	38.82%	5.38%	14.89%	2.7%	3.74%	21.78%	13.59%	-4.58%	-3.94%	-8.14%	-2.66%	12.34%	26.43%	20.81%	-2.68%	15.26%	9.73%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$6.640B	$5.663B	$4.972B	$5.259B	$7.098B	$6.778B	$12.96B	$12.39B	$12.41B	$12.54B	$23.03B	$23.70B	$24.95B	$21.01B	$18.44B	$26.90B	$29.28B	$28.95B	$25.57B	$22.61B	$20.87B	$19.93B	$22.58B	$22.66B	$16.32B	$15.49B	$13.48B	$13.13B	$12.66B	$10.39B	$9.149B	$9.588B	$9.981B	$10.87B	$11.16B	$9.936B	$7.859B	$6.505B	$6.684B	$5.799B	$5.285B
Cost Of Revenue	$4.773B	$4.103B	$3.596B	$3.878B	$5.204B	$11.40B	$10.22B	$9.696B	$10.10B	$19.14B	$19.29B	$20.40B	$20.48B	$17.17B	$16.90B	$22.18B	$22.80B	$21.96B	$20.70B	$17.93B	$16.62B	$15.93B	$17.61B	$17.11B	$12.54B	$11.93B	$10.28B	$9.966B	$9.360B	$7.846B	$7.187B	$7.339B	$7.445B	$7.606B	$7.338B	$6.528B	$5.457B	$4.753B	$5.038B	$4.417B	$4.175B
Gross Profit	$1.867B	$1.560B	$1.376B	$1.381B	$1.894B	-$4.619B	$2.739B	$2.698B	$2.309B	-$6.595B	$3.746B	$3.299B	$4.471B	$3.839B	$1.537B	$4.726B	$6.477B	$6.995B	$4.864B	$4.681B	$4.253B	$4.006B	$4.965B	$5.548B	$3.787B	$3.556B	$3.207B	$3.162B	$3.295B	$2.546B	$1.962B	$2.249B	$2.536B	$3.259B	$3.824B	$3.408B	$2.402B	$1.752B	$1.646B	$1.382B	$1.110B
Gross Profit Margin	28.12%	27.55%	27.67%	26.26%	26.68%	-68.15%	21.13%	21.77%	18.6%	-52.58%	16.26%	13.92%	17.92%	18.27%	8.34%	17.57%	22.12%	24.16%	19.02%	20.7%	20.38%	20.1%	21.99%	24.48%	23.2%	22.96%	23.79%	24.09%	26.04%	24.5%	21.44%	23.46%	25.41%	30.0%	34.26%	34.3%	30.56%	26.93%	24.63%	23.83%	21.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$333.0M	$288.0M	$251.0M	$277.0M	$400.0M	$371.0M	$715.0M	$924.0M	$765.0M	$770.0M	$1.008B	$997.0M	$1.027B	$961.0M	$1.009B	$1.167B	$1.444B	$1.372B	$1.295B	$1.194B	$1.221B	$1.108B	$1.264B	$1.088B	$851.0M	$783.0M	$682.0M	$835.0M	$834.0M	$740.0M	$709.0M	$699.0M	$691.0M	$692.0M	$658.0M	$774.0M	$647.0M	$508.0M	$458.0M	$358.0M	$337.0M
YoY Change	15.63%	14.74%	-9.39%	-30.75%	7.82%	-48.11%	-22.62%	20.78%	-0.65%	-23.61%	1.1%	-2.92%	6.87%	-4.76%	-13.54%	-19.18%	5.25%	5.95%	8.46%	-2.21%	10.2%	-12.34%	16.18%	27.85%	8.68%	14.81%	-18.32%	0.12%	12.7%	4.37%	1.43%	1.16%	-0.14%	5.17%	-14.99%	19.63%	27.36%	10.92%	27.93%	6.23%
% of Gross Profit	17.84%	18.46%	18.24%	20.06%	21.12%		26.1%	34.25%	33.13%		26.91%	30.22%	22.97%	25.03%	65.65%	24.69%	22.29%	19.61%	26.62%	25.51%	28.71%	27.66%	25.46%	19.61%	22.47%	22.02%	21.27%	26.41%	25.31%	29.07%	36.14%	31.08%	27.25%	21.23%	17.21%	22.71%	26.94%	29.0%	27.83%	25.9%	30.36%
Research & Development	$36.00M	$32.00M	$17.00M	$17.00M	$28.00M	$41.00M	$109.0M	$130.0M	$169.0M	$123.0M	$192.0M	$197.0M	$184.0M	$174.0M	$169.0M	$246.0M	$238.0M	$201.0M	$192.0M	$178.0M	$190.0M	$209.0M	$203.0M	$194.0M	$128.0M	$128.0M	$143.0M	$166.0M	$141.0M	$126.0M	$130.0M	$212.0M	$252.0M	$220.0M	$182.0M	$167.0M	$174.0M	$149.0M	$120.0M	$95.00M	$82.00M
YoY Change	12.5%	88.24%	0.0%	-39.29%	-31.71%	-62.39%	-16.15%	-23.08%	37.4%	-35.94%	-2.54%	7.07%	5.75%	2.96%	-31.3%	3.36%	18.41%	4.69%	7.87%	-6.32%	-9.09%	2.96%	4.64%	51.56%	0.0%	-10.49%	-13.86%	17.73%	11.9%	-3.08%	-38.68%	-15.87%	14.55%	20.88%	8.98%	-4.02%	16.78%	24.17%	26.32%	15.85%
% of Gross Profit	1.93%	2.05%	1.24%	1.23%	1.48%		3.98%	4.82%	7.32%		5.13%	5.97%	4.12%	4.53%	11.0%	5.21%	3.67%	2.87%	3.95%	3.8%	4.47%	5.22%	4.09%	3.5%	3.38%	3.6%	4.46%	5.25%	4.28%	4.95%	6.63%	9.43%	9.94%	6.75%	4.76%	4.9%	7.24%	8.5%	7.29%	6.87%	7.39%
Depreciation & Amortization	$272.0M	$265.0M	$270.0M	$338.0M	$536.0M	$576.0M	$551.0M	$1.132B	$1.280B	$1.372B	$1.422B	$1.462B	$1.481B	$1.451B	$1.311B	$1.234B	$1.245B	$1.252B	$1.258B	$1.185B	$1.168B	$1.104B	$1.250B	$1.211B	$901.0M	$856.0M	$754.0M	$764.2M	$730.3M	$688.8M	$711.1M	$710.1M	$731.6M	$717.7M	$664.0M	$645.3M	$607.2M	$538.9M	$531.4M	$344.0M	$341.7M
YoY Change	2.64%	-1.85%	-20.12%	-36.94%	-6.94%	4.54%	-51.33%	-11.56%	-6.71%	-3.52%	-2.74%	-1.28%	2.07%	10.68%	6.24%	-0.88%	-0.56%	-0.48%	6.16%	1.46%	5.8%	-11.68%	3.22%	34.41%	5.26%	13.53%	-1.33%	4.64%	6.02%	-3.14%	0.14%	-2.94%	1.94%	8.09%	2.9%	6.27%	12.67%	1.41%	54.48%	0.67%
% of Gross Profit	14.57%	16.99%	19.62%	24.48%	28.3%		20.12%	41.96%	55.44%		37.96%	44.32%	33.12%	37.8%	85.3%	26.11%	19.22%	17.9%	25.86%	25.32%	27.46%	27.56%	25.18%	21.83%	23.79%	24.07%	23.51%	24.17%	22.16%	27.05%	36.24%	31.57%	28.85%	22.02%	17.36%	18.93%	25.28%	30.76%	32.28%	24.89%	30.78%
Operating Expenses	$369.0M	$320.0M	$268.0M	$294.0M	$428.0M	$412.0M	$824.0M	$1.054B	$934.0M	$893.0M	$1.200B	$1.194B	$1.211B	$1.135B	$2.458B	$2.696B	$2.949B	$2.816B	$2.752B	$2.537B	$2.426B	$2.375B	$2.677B	$2.435B	$1.743B	$1.753B	$1.560B	$1.748B	$1.689B	$1.536B	$1.532B	$1.593B	$1.641B	$1.603B	$1.479B	$1.564B	$1.408B	$1.181B	$1.093B	$797.0M	$760.0M
YoY Change	15.31%	19.4%	-8.84%	-31.31%	3.88%	-50.0%	-21.82%	12.85%	4.59%	-25.58%	0.5%	-1.4%	6.7%	-53.82%	-8.83%	-8.58%	4.72%	2.33%	8.47%	4.58%	2.15%	-11.28%	9.94%	39.7%	-0.57%	12.37%	-10.76%	3.49%	9.96%	0.26%	-3.83%	-2.93%	2.37%	8.38%	-5.43%	11.08%	19.22%	8.05%	37.14%	4.87%
Operating Profit	$1.203B	$919.0M	$748.0M	$626.0M	$579.0M	$775.0M	$480.0M	$954.0M	$628.0M	-$7.488B	$2.546B	$2.105B	$3.260B	$2.704B	-$921.0M	$2.030B	$3.528B	$4.179B	$2.112B	$2.144B	$1.827B	$1.631B	$2.288B	$3.113B	$2.044B	$1.803B	$1.647B	$1.414B	$1.606B	$1.010B	$430.0M	$656.0M	$895.0M	$1.656B	$2.345B	$1.844B	$994.0M	$571.0M	$553.0M	$585.0M	$350.0M
YoY Change	30.9%	22.86%	19.49%	8.12%	-25.29%	61.46%	-49.69%	51.91%	-108.39%	-394.11%	20.95%	-35.43%	20.56%	-393.59%	-145.37%	-42.46%	-15.58%	97.87%	-1.49%	17.35%	12.02%	-28.72%	-26.5%	52.3%	13.37%	9.47%	16.48%	-11.96%	59.01%	134.88%	-34.45%	-26.7%	-45.95%	-29.38%	27.17%	85.51%	74.08%	3.25%	-5.47%	67.14%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	$218.0M	$229.0M	$259.0M	$317.0M	$338.0M	$377.0M	$496.0M	$499.0M	$473.0M	$442.0M	$453.0M	$490.0M	$524.0M	$494.0M	-$446.0M	-$349.0M	-$264.0M	-$228.0M	-$256.0M	-$115.0M	-$221.0M	-$262.0M	-$203.0M	-$333.0M	-$195.0M	-$198.0M	-$141.0M	-$134.0M	-$120.0M	-$107.0M	-$88.00M	-$105.0M	-$153.0M	-$185.0M	-$178.0M	-$208.0M	-$241.0M	-$275.0M	-$331.0M	-$191.0M	-$195.0M
YoY Change	-4.8%	-11.58%	-18.3%	-6.21%	-10.34%	-23.99%	-0.6%	5.5%	7.01%	-2.43%	-7.55%	-6.49%	6.07%	-210.76%	27.79%	32.2%	15.79%	-10.94%	122.61%	-47.96%	-15.65%	29.06%	-39.04%	70.77%	-1.52%	40.43%	5.22%	11.67%	12.15%	21.59%	-16.19%	-31.37%	-17.3%	3.93%	-14.42%	-13.69%	-12.36%	-16.92%	73.3%	-2.05%
% of Operating Profit	18.12%	24.92%	34.63%	50.64%	58.38%	48.65%	103.33%	52.31%	75.32%		17.79%	23.28%	16.07%	18.27%		-17.19%	-7.48%	-5.46%	-12.12%	-5.36%	-12.1%	-16.06%	-8.87%	-10.7%	-9.54%	-10.98%	-8.56%	-9.48%	-7.47%	-10.59%	-20.47%	-16.01%	-17.09%	-11.17%	-7.59%	-11.28%	-24.25%	-48.16%	-59.86%	-32.65%	-55.71%
Other Income/Expense, Net	-$8.000M	-$82.00M	-$19.00M	-$74.00M	-$31.00M	$30.00M	$486.0M	-$41.00M	$28.00M	$5.000M	$25.00M	$341.0M	$87.00M	-$5.000M
YoY Change	-90.24%	331.58%	-74.32%	138.71%	-203.33%	-93.83%	-1285.37%	-246.43%	460.0%	-80.0%	-92.67%	291.95%	-1840.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$975.0M	$606.0M	$324.0M	$171.0M	$210.0M	$166.0M	$500.0M	$84.00M	$124.0M	$207.0M	-$1.269B	$394.0M	-$98.00M	-$403.0M	-$1.498B	$792.0M	$4.802B	$3.515B	$1.970B	$2.153B	$1.670B	$1.007B	$1.633B	$2.794B	$1.849B	$1.605B	$1.602B	$1.082B	$1.470B	$823.0M	$191.0M	$299.0M	$412.0M	$1.057B	$2.166B	$1.635B	$522.0M	$435.0M	-$21.00M	$368.0M	$155.0M
YoY Change	60.89%	87.04%	89.47%	-18.57%	26.51%	-66.8%	495.24%	-32.26%	-40.1%	-116.31%	-422.08%	-502.04%	-75.68%	-73.1%	-289.14%	-83.51%	36.61%	78.43%	-8.5%	28.92%	65.84%	-38.33%	-41.55%	51.11%	15.2%	0.19%	48.06%	-26.39%	78.61%	330.89%	-36.12%	-27.43%	-61.02%	-51.2%	32.48%	213.22%	20.0%	-2171.43%	-105.71%	137.42%
Income Tax	$210.0M	$137.0M	$66.00M	-$40.00M	$84.00M	$119.0M	$544.0M	$1.476B	$339.0M	$174.0M	$428.0M	$162.0M	$255.0M	$148.0M	-$574.0M	$342.0M	$1.623B	$853.0M	$454.0M	$539.0M	$405.0M	$317.0M	$521.0M	$936.0M	$553.0M	$514.0M	$529.0M	$361.0M	$446.0M	$219.0M	-$10.00M	$132.0M	$193.0M	$404.0M	$798.0M	$598.0M	$215.0M	$119.0M	-$33.00M	$150.0M	$50.00M
% Of Pretax Income	21.54%	22.61%	20.37%	-23.39%	40.0%	71.69%	108.8%	1757.14%	273.39%	84.06%		41.12%				43.18%	33.8%	24.27%	23.05%	25.03%	24.25%	31.48%	31.9%	33.5%	29.91%	32.02%	33.02%	33.36%	30.34%	26.61%	-5.24%	44.15%	46.84%	38.22%	36.84%	36.57%	41.19%	27.36%		40.76%	32.26%
Net Earnings	$765.0M	$469.0M	$258.0M	$261.0M	$470.0M	$642.0M	-$74.00M	-$941.0M	-$322.0M	$268.0M	-$2.285B	$191.0M	$611.0M	$254.0M	-$1.151B	-$74.00M	$2.564B	$2.248B	$1.233B	$1.310B	$938.0M	$420.0M	$908.0M	$1.484B	$1.054B	$853.0M	$805.0M	$515.0M	$791.0M	$375.0M	$5.000M	-$1.139B	$63.00M	$295.0M	$945.0M	$861.0M	$200.0M	$254.0M	-$17.00M	$256.0M	$174.0M
YoY Change	63.11%	81.78%	-1.15%	-44.47%	-26.79%	-967.57%	-92.14%	192.24%	-220.15%	-111.73%	-1296.34%	-68.74%	140.55%	-122.07%	1455.41%	-102.89%	14.06%	82.32%	-5.88%	39.66%	123.33%	-53.74%	-38.81%	40.8%	23.56%	5.96%	56.31%	-34.89%	110.93%	7400.0%	-100.44%	-1907.94%	-78.64%	-68.78%	9.76%	330.5%	-21.26%	-1594.12%	-106.64%	47.13%
Net Earnings / Revenue	11.52%	8.28%	5.19%	4.96%	6.62%	9.47%	-0.57%	-7.59%	-2.59%	2.14%	-9.92%	0.81%	2.45%	1.21%	-6.24%	-0.28%	8.76%	7.77%	4.82%	5.79%	4.49%	2.11%	4.02%	6.55%	6.46%	5.51%	5.97%	3.92%	6.25%	3.61%	0.05%	-11.88%	0.63%	2.72%	8.47%	8.67%	2.54%	3.9%	-0.25%	4.41%	3.29%
Basic Earnings Per Share	$1.85	$1.12	$0.60		$1.05	$1.33	-$0.28	-$2.31	-$0.93	$0.64	-$2.14	$0.18	$0.57	$0.25
Diluted Earnings Per Share	$1.83	$1.11	$593.1K	$594.5K	$1.03	$1.30	-$0.28	-$2.31	-$0.93	$0.63	-$2.14	$0.18	$0.55	$0.24	-$3.689M	-$273.1K	$8.841M	$7.699M	$4.223M	$4.486M	$3.280M	$1.484M	$3.142M	$5.416M	$4.233M	$3.645M	$3.470M	$2.191M	$3.296M	$1.582M	$21.37K	-$4.996M	$277.5K	$1.283M	$4.021M	$3.664M	$854.7K	$1.124M	-$78.34K	$1.185M	$816.9K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$610.0M	$791.0M	$720.0M	$1.610B	$1.577B	$2.277B	$2.150B	$1.863B	$1.362B	$1.877B	$1.437B	$1.861B	$1.939B	$1.543B	$1.481B	$762.0M	$483.0M	$506.0M	$762.0M	$457.0M	$576.0M	$344.0M	$527.0M	$371.0M	$314.0M	$381.0M	$906.0M	$617.0M	$1.062B	$625.0M	$655.0M	$548.0M	$626.0M	$636.0M	$805.0M	$507.0M	$264.0M	$326.0M	$384.0M	$258.0M	$271.0M
YoY Change	-22.88%	9.86%	-55.28%	2.09%	-30.74%	5.91%	15.41%	36.78%	-27.44%	30.62%	-22.78%	-4.02%	25.66%	4.19%	94.36%	57.76%	-4.55%	-33.6%	66.74%	-20.66%	67.44%	-34.72%	42.05%	18.15%	-17.59%	-57.95%	46.84%	-41.9%	69.92%	-4.58%	19.53%	-12.46%	-1.57%	-20.99%	58.78%	92.05%	-19.02%	-15.1%	48.84%	-4.8%
Cash & Equivalents	$610.0M	$791.0M	$720.0M	$1.610B	$1.577B	$2.277B	$2.150B	$1.863B	$1.362B	$1.877B	$1.437B	$1.861B	$1.939B	$1.543B	$1.481B	$762.0M	$483.0M	$506.0M	$762.0M	$457.0M	$576.0M	$344.0M	$512.0M	$315.0M	$237.0M	$342.0M	$801.0M	$598.0M	$1.056B	$619.0M	$58.00M	$72.00M	$51.00M	$60.00M	$98.00M	$70.00M	$93.00M	$99.00M	$40.00M	$41.00M	$47.00M
Short-Term Investments																							$15.00M	$56.00M	$77.00M	$39.00M	$106.0M	$19.00M	$7.000M	$6.000M	$597.0M	$476.0M	$575.0M	$576.0M	$707.0M	$436.0M	$171.0M	$227.0M	$345.0M	$217.0M	$225.0M
Other Short-Term Assets	$249.0M	$206.0M	$195.0M	$217.0M	$1.727B	$314.0M	$374.0M	$325.0M	$2.953B	$1.182B	$1.009B	$1.275B	$933.0M	$875.0M	$1.031B	$1.559B	$1.199B	$1.378B	$1.224B	$1.067B	$759.0M	$975.0M	$865.0M	$689.0M	$504.0M	$429.0M	$400.0M	$374.0M	$418.0M	$394.0M	$390.0M	$250.0M	$250.0M	$128.0M	$165.0M	$166.0M	$73.00M	$60.00M	$43.00M	$42.00M	$43.00M
YoY Change	20.87%	5.64%	-10.14%	-87.43%	450.0%	-16.04%	15.08%	-88.99%	149.83%	17.15%	-20.86%	36.66%	6.63%	-15.13%	-33.87%	30.03%	-12.99%	12.58%	14.71%	40.58%	-22.15%	12.72%	25.54%	36.71%	17.48%	7.25%	6.95%	-10.53%	6.09%	1.03%	56.0%	0.0%	95.31%	-22.42%	-0.6%	127.4%	21.67%	39.53%	2.38%	-2.33%
Inventory	$1.765B	$1.609B	$1.402B	$1.488B	$1.607B	$2.492B	$2.480B	$2.253B	$2.284B	$3.082B	$2.705B	$2.825B	$2.899B	$2.584B	$2.328B	$3.238B	$3.084B	$3.380B	$3.191B	$2.968B	$2.505B	$2.414B	$2.385B	$2.703B	$1.618B	$1.881B	$1.313B	$1.461B	$1.418B	$1.144B	$1.227B	$1.040B	$1.231B	$1.375B	$1.240B	$993.0M	$910.0M	$851.0M	$542.0M	$624.0M	$551.0M
Prepaid Expenses
Receivables	$675.0M	$506.0M	$367.0M	$328.0M	$583.0M	$1.047B	$1.035B	$974.0M	$960.0M	$1.395B	$1.221B	$1.399B	$1.571B	$1.591B	$1.529B	$1.883B	$2.381B	$2.788B	$2.616B	$2.694B	$2.492B	$2.361B	$2.386B	$3.461B	$2.199B	$2.163B	$1.581B	$1.675B	$1.546B	$1.441B	$1.219B	$1.250B	$1.257B	$1.421B	$1.328B	$1.382B	$1.119B	$923.0M	$639.0M	$748.0M	$848.0M
Other Receivables	$17.00M	$31.00M	$53.00M	$29.00M	$349.0M	$451.0M	$339.0M	$477.0M	$394.0M	$733.0M	$597.0M	$340.0M	$371.0M	$326.0M	$653.0M	$708.0M	$427.0M	$301.0M	$420.0M	$256.0M	$351.0M	$171.0M	$286.0M	$354.0M	$165.0M	$171.0M	$217.0M	$154.0M	$297.0M	$549.0M	$211.0M	$160.0M	$252.0M	$184.0M	$199.0M	$144.0M	$140.0M	$90.00M	$83.00M	$81.00M	$97.00M
Total Short-Term Assets	$3.316B	$3.143B	$2.737B	$3.672B	$5.843B	$6.581B	$6.378B	$5.892B	$7.953B	$8.269B	$6.969B	$7.700B	$7.713B	$6.919B	$7.022B	$8.150B	$7.574B	$8.353B	$8.213B	$7.442B	$6.683B	$6.265B	$6.449B	$7.578B	$4.800B	$5.025B	$4.417B	$4.281B	$4.742B	$4.153B	$3.703B	$3.248B	$3.616B	$3.744B	$3.738B	$3.192B	$2.505B	$2.250B	$1.691B	$1.753B	$1.811B
YoY Change	5.5%	14.83%	-25.46%	-37.16%	-11.21%	3.18%	8.25%	-25.91%	-3.82%	18.65%	-9.49%	-0.17%	11.48%	-1.47%	-13.84%	7.6%	-9.33%	1.7%	10.36%	11.36%	6.67%	-2.85%	-14.9%	57.88%	-4.48%	13.76%	3.18%	-9.72%	14.18%	12.15%	14.01%	-10.18%	-3.42%	0.16%	17.11%	27.43%	11.33%	33.06%	-3.54%	-3.2%
Property, Plant & Equipment	$2.328B	$2.443B	$2.575B	$2.723B	$2.754B	$5.704B	$5.594B	$5.499B	$5.425B	$16.43B	$17.64B	$18.95B	$19.28B	$20.18B	$19.83B	$17.46B	$16.54B	$14.01B	$12.57B	$12.33B	$12.50B	$12.11B	$11.53B	$12.85B	$9.133B	$9.134B	$6.667B	$7.078B	$6.930B	$6.689B	$6.507B	$6.416B	$6.586B	$6.747B	$6.659B	$6.415B	$6.403B	$6.230B	$3.280B	$3.293B	$3.267B
YoY Change	-4.71%	-5.13%	-5.44%	-1.13%	-51.72%	1.97%	1.73%	1.36%	-66.97%	-6.88%	-6.9%	-1.74%	-4.46%	1.79%	13.59%	5.53%	18.09%	11.42%	2.0%	-1.4%	3.22%	5.03%	-10.27%	40.7%	-0.01%	37.0%	-5.81%	2.14%	3.6%	2.8%	1.42%	-2.58%	-2.39%	1.32%	3.8%	0.19%	2.78%	89.94%	-0.39%	0.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments							$0.00	$1.122B	$193.0M	$2.107B	$2.127B	$2.224B	$1.670B	$1.432B	$1.146B	$1.915B	$2.038B	$1.718B	$1.370B	$2.066B	$2.005B	$1.478B	$1.384B	$954.0M	$630.0M	$586.0M	$465.0M	$498.0M	$397.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$1.214B	$1.148B	$1.056B
YoY Change							-100.0%	481.35%	-90.84%	-0.94%	-4.36%	33.17%	16.62%	24.96%	-40.16%	-6.04%	18.63%	25.4%	-33.69%	3.04%	35.66%	6.79%	45.07%	51.43%	7.51%	26.02%	-6.63%	25.44%										-100.0%	5.75%	8.71%
Other Assets	$244.0M	$135.0M	$291.0M	$375.0M	$4.299B	$989.0M	$1.224B	$1.389B	$16.55B	$4.319B	$4.854B	$5.323B	$5.307B	$4.618B	$4.450B	$4.711B	$7.249B	$7.606B	$4.447B	$3.377B	$3.292B	$2.836B	$2.692B	$3.367B	$1.015B	$1.110B	$831.0M	$947.0M	$880.0M	$1.511B	$1.388B	$1.359B	$977.0M	$922.0M	$1.145B	$931.0M	$994.0M	$1.065B	$168.0M	$148.0M	$132.0M
YoY Change	80.74%	-53.61%	-22.4%	-91.28%	334.68%	-19.2%	-11.88%	-91.61%	283.26%	-11.02%	-8.81%	0.3%	14.92%	3.78%	-5.54%	-35.01%	-4.69%	71.04%	31.68%	2.58%	16.08%	5.35%	-20.05%	231.72%	-8.56%	33.57%	-12.25%	7.61%	-41.76%	8.86%	2.13%	39.1%	5.97%	-19.48%	22.99%	-6.34%	-6.67%	533.93%	13.51%	12.12%
Total Long-Term Assets	$7.112B	$7.112B	$7.482B	$7.771B	$11.72B	$12.11B	$12.34B	$14.15B	$28.52B	$29.13B	$28.77B	$32.48B	$32.41B	$32.37B	$31.45B	$29.67B	$31.23B	$28.83B	$25.48B	$25.17B	$25.03B	$23.55B	$21.91B	$24.11B	$12.27B	$12.44B	$8.654B	$9.169B	$8.901B	$8.200B	$7.894B	$7.775B	$7.562B	$7.669B	$7.803B	$7.346B	$7.397B	$7.295B	$4.663B	$4.589B	$4.456B
YoY Change	0.0%	-4.95%	-3.72%	-33.69%	-3.24%	-1.85%	-12.77%	-50.41%	-2.08%	1.24%	-11.41%	0.22%	0.1%	2.94%	5.99%	-4.99%	8.32%	13.13%	1.26%	0.56%	6.3%	7.48%	-9.15%	96.58%	-1.38%	43.73%	-5.62%	3.01%	8.55%	3.88%	1.53%	2.82%	-1.4%	-1.72%	6.22%	-0.69%	1.4%	56.44%	1.61%	2.98%
Total Assets	$10.43B	$10.26B	$10.22B	$11.44B	$17.56B	$18.69B	$18.72B	$20.04B	$36.48B	$37.40B	$35.74B	$40.18B	$40.12B	$39.29B	$38.47B	$37.82B	$38.80B	$37.18B	$33.70B	$32.61B	$31.71B	$29.81B	$28.36B	$31.69B	$17.07B	$17.46B	$13.07B	$13.45B	$13.64B	$12.35B	$11.60B	$11.02B	$11.18B	$11.41B	$11.54B	$10.54B	$9.902B	$9.545B	$6.354B	$6.342B	$6.267B
YoY Change
Accounts Payable	$982.0M	$962.0M	$732.0M	$599.0M	$976.0M	$2.129B	$1.839B	$1.744B	$1.510B	$3.152B	$2.960B	$2.702B	$2.692B	$2.331B	$1.954B	$2.518B	$2.644B	$2.407B	$2.420B	$2.218B	$1.958B	$1.621B	$1.539B	$1.876B	$1.219B	$1.044B	$812.0M	$799.0M	$862.0M	$739.0M	$596.0M	$617.0M	$637.0M	$763.0M	$742.0M	$745.0M	$583.0M	$533.0M	$325.0M	$357.0M	$370.0M
YoY Change	2.08%	31.42%	22.2%	-38.63%	-54.16%	15.77%	5.45%	15.5%	-52.09%	6.49%	9.55%	0.37%	15.49%	19.29%	-22.4%	-4.77%	9.85%	-0.54%	9.11%	13.28%	20.79%	5.33%	-17.96%	53.9%	16.76%	28.57%	1.63%	-7.31%	16.64%	23.99%	-3.4%	-3.14%	-16.51%	2.83%	-0.4%	27.79%	9.38%	64.0%	-8.96%	-3.51%
Accrued Expenses	$328.0M	$302.0M	$305.0M	$332.0M	$435.0M	$483.0M	$523.0M	$551.0M	$580.0M	$937.0M	$1.013B	$1.058B	$985.0M	$932.0M	$925.0M	$866.0M	$994.0M	$949.0M	$1.069B	$1.013B	$948.0M	$936.0M	$871.0M	$928.0M	$582.0M	$553.0M	$436.0M	$404.0M	$384.0M	$364.0M	$288.0M	$343.0M	$246.0M	$199.0M	$216.0M	$237.0M	$254.0M	$221.0M	$226.0M	$166.0M	$248.0M
YoY Change	8.61%	-0.98%	-8.13%	-23.68%	-9.94%	-7.65%	-5.08%	-5.0%	-38.1%	-7.5%	-4.25%	7.41%	5.69%	0.76%	6.81%	-12.88%	4.74%	-11.23%	5.53%	6.86%	1.28%	7.46%	-6.14%	59.45%	5.24%	26.83%	7.92%	5.21%	5.49%	26.39%	-16.03%	39.43%	23.62%	-7.87%	-8.86%	-6.69%	14.93%	-2.21%	36.14%	-33.06%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$29.00M	$37.00M	$36.00M	$38.00M	$54.00M	$57.00M	$53.00M	$286.0M	$92.00M	$176.0M	$2.013B	$1.419B	$802.0M	$1.208B	$897.0M	$50.00M	$39.00M	$162.0M	$2.719B	$343.0M	$431.0M	$348.0M	$207.0M	$345.0M	$262.0M	$363.0M	$414.0M	$170.0M	$133.0M	$104.0M	$27.00M	$60.00M	$129.0M	$0.00	$0.00	$0.00
YoY Change					-100.0%	-21.62%	2.78%	-5.26%	-29.63%	-5.26%	7.55%	-81.47%	210.87%	-47.73%	-91.26%	41.86%	76.93%	-33.61%	34.67%	1694.0%	28.21%	-75.93%	-94.04%	692.71%	-20.42%	23.85%	68.12%	-40.0%	31.68%	-27.82%	-12.32%	143.53%	27.82%	27.88%	285.19%	-55.0%	-53.49%
Long-Term Debt Due	$206.0M	$0.00	$5.000M	$376.0M	$1.034B	$405.0M	$1.000M	$4.000M	$3.000M	$29.00M	$655.0M	$465.0M	$445.0M	$231.0M	$669.0M	$56.00M	$202.0M	$510.0M	$58.00M	$57.00M	$523.0M	$83.00M	$102.0M	$427.0M	$67.00M	$181.0M	$147.0M	$179.0M	$348.0M	$154.0M	$51.00M	$44.00M	$158.0M	$60.00M	$196.0M	$115.0M	$123.0M	$142.0M	$53.00M	$48.00M	$53.00M
YoY Change		-100.0%	-98.67%	-63.64%	155.31%	40400.0%	-75.0%	33.33%	-89.66%	-95.57%	40.86%	4.49%	92.64%	-65.47%	1094.64%	-72.28%	-60.39%	779.31%	1.75%	-89.1%	530.12%	-18.63%	-76.11%	537.31%	-62.98%	23.13%	-17.88%	-48.56%	125.97%	201.96%	15.91%	-72.15%	163.33%	-69.39%	70.43%	-6.5%	-13.38%	167.92%	10.42%	-9.43%
Total Short-Term Liabilities	$1.784B	$1.482B	$1.253B	$1.660B	$4.125B	$3.520B	$2.824B	$2.749B	$5.211B	$5.541B	$6.105B	$5.942B	$6.013B	$5.251B	$5.414B	$7.279B	$7.037B	$6.879B	$7.062B	$6.276B	$5.082B	$4.459B	$4.885B	$7.954B	$3.003B	$3.268B	$2.453B	$2.373B	$2.652B	$2.554B	$2.093B	$2.165B	$2.070B	$2.038B	$2.143B	$1.884B	$1.521B	$1.411B	$815.0M	$767.0M	$871.0M
YoY Change	20.38%	18.28%	-24.52%	-59.76%	17.19%	24.65%	2.73%	-47.25%	-5.96%	-9.24%	2.74%	-1.18%	14.51%	-3.01%	-25.62%	3.44%	2.3%	-2.59%	12.52%	23.49%	13.97%	-8.72%	-38.58%	164.87%	-8.11%	33.22%	3.37%	-10.52%	3.84%	22.03%	-3.33%	4.59%	1.57%	-4.9%	13.75%	23.87%	7.8%	73.13%	6.26%	-11.94%
Long-Term Debt	$3.500B	$4.162B	$4.227B	$4.699B	$4.906B	$5.896B	$6.806B	$8.044B	$8.786B	$8.769B	$7.607B	$8.311B	$8.640B	$8.842B	$9.014B	$8.509B	$6.371B	$5.909B	$5.276B	$5.345B	$6.693B	$8.366B	$6.384B	$4.987B	$2.657B	$2.877B	$1.457B	$1.690B	$1.216B	$1.030B	$1.433B	$855.0M	$1.131B	$1.295B	$1.316B	$1.525B	$2.458B	$2.522B	$1.554B	$1.587B	$1.630B
YoY Change	-15.91%	-1.54%	-10.04%	-4.22%	-16.79%	-13.37%	-15.39%	-8.45%	0.19%	15.28%	-8.47%	-3.81%	-2.28%	-1.91%	5.93%	33.56%	7.82%	12.0%	-1.29%	-20.14%	-20.0%	31.05%	28.01%	87.69%	-7.65%	97.46%	-13.79%	38.98%	18.06%	-28.12%	67.6%	-24.4%	-12.66%	-1.6%	-13.7%	-37.96%	-2.54%	62.29%	-2.08%	-2.64%
Other Long-Term Liabilities	$1.107B	$1.010B	$1.231B	$1.507B	$3.926B	$3.546B	$4.002B	$3.950B	$8.336B	$7.965B	$8.105B	$8.943B	$7.877B	$7.726B	$8.148B	$7.381B	$6.374B	$7.202B	$5.755B	$5.483B	$5.706B	$5.245B	$4.603B	$4.845B	$3.193B	$3.428B	$3.021B	$2.997B	$3.413B	$3.083B	$3.099B	$3.093B	$1.679B	$1.336B	$1.282B	$1.248B	$1.153B	$1.101B	$678.0M	$645.0M	$538.0M
YoY Change	9.6%	-17.95%	-18.31%	-61.61%	10.72%	-11.39%	1.32%	-52.62%	4.66%	-1.73%	-9.37%	13.53%	1.95%	-5.18%	10.39%	15.8%	-11.5%	25.14%	4.96%	-3.91%	8.79%	13.95%	-4.99%	51.74%	-6.86%	13.47%	0.8%	-12.19%	10.7%	-0.52%	0.19%	84.22%	25.67%	4.21%	2.72%	8.24%	4.72%	62.39%	5.12%	19.89%
Total Long-Term Liabilities	$4.607B	$5.172B	$5.458B	$6.206B	$8.832B	$9.442B	$10.81B	$11.99B	$17.12B	$16.73B	$15.71B	$17.25B	$16.52B	$16.57B	$17.16B	$15.89B	$12.75B	$13.11B	$11.03B	$10.83B	$12.40B	$13.61B	$10.99B	$9.832B	$5.850B	$6.305B	$4.478B	$4.687B	$4.629B	$4.113B	$4.532B	$3.948B	$2.810B	$2.631B	$2.598B	$2.773B	$3.611B	$3.623B	$2.232B	$2.232B	$2.168B
YoY Change	-10.92%	-5.24%	-12.05%	-29.73%	-6.46%	-12.64%	-9.89%	-29.95%	2.32%	6.5%	-8.94%	4.46%	-0.31%	-3.46%	8.01%	24.68%	-2.79%	18.86%	1.87%	-12.67%	-8.9%	23.88%	11.75%	68.07%	-7.22%	40.8%	-4.46%	1.25%	12.55%	-9.25%	14.79%	40.5%	6.8%	1.27%	-6.31%	-23.21%	-0.33%	62.32%	0.0%	2.95%
Total Liabilities	$6.391B	$6.654B	$6.711B	$7.866B	$12.97B	$13.12B	$13.81B	$14.92B	$24.43B	$25.09B	$25.15B	$26.98B	$26.28B	$25.68B	$26.05B	$26.09B	$22.79B	$22.55B	$20.32B	$19.31B	$19.64B	$19.88B	$17.74B	$20.27B	$10.75B	$11.41B	$8.651B	$8.988B	$9.199B	$8.354B	$8.013B	$7.419B	$6.241B	$6.250B	$6.274B	$5.902B	$5.991B	$5.824B	$3.046B	$2.998B	$3.039B
YoY Change	-3.95%	-0.85%	-14.68%	-39.36%	-1.14%	-4.98%	-7.47%	-38.92%	-2.64%	-0.22%	-6.79%	2.68%	2.31%	-1.42%	-0.13%	14.48%	1.04%	10.97%	5.25%	-1.67%	-1.24%	12.07%	-12.47%	88.58%	-5.78%	31.86%	-3.75%	-2.29%	10.11%	4.26%	8.01%	18.88%	-0.14%	-0.38%	6.3%	-1.49%	2.87%	91.2%	1.6%	-1.35%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	412.0M shares	416.0M shares	430.0M shares	435.0M shares	446.0M shares	483.0M shares	451.0M shares	438.0M shares	420.0M shares	387.0M shares	1.070B shares	1.067B shares	1.061B shares	1.018B shares
Diluted Shares Outstanding	416.0M shares	421.0M shares	435.0M shares	439.0M shares	463.0M shares	503.0M shares	451.0M shares	438.0M shares	420.0M shares	393.0M shares	1.070B shares	1.076B shares	1.161B shares	1.025B shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $48.788 Billion

About Howmet Aerospace Inc.

Howmet Aerospace, Inc. engages in the development and manufacturing of lightweight metal products. The company is headquartered in Pittsburgh, Pennsylvania and currently employs 23,200 full-time employees. The Company’s segments include Engine Products, Fastening Systems, Engineered Structures and Forged Wheels. The Engine Products segment utilizes advanced designs and techniques to support engine programs and produces components for aircraft engines and industrial gas turbines. The Fastening Systems segment produces aerospace and industrial fastening systems, as well as commercial transportation fasteners and installation tools. The Engineered Structures segment produces titanium ingots and mill products for aerospace and defense applications and is vertically integrated to produce titanium forgings, extrusions, forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment manufactures forged aluminum wheels for trucks, buses, and trailers and related products for the global commercial transportation market.

Industry: Rolling Drawing & Extruding of Nonferrous Metals Peers: AXON ENTERPRISE, INC. CURTISS WRIGHT CORP GENERAL DYNAMICS CORP L3HARRIS TECHNOLOGIES, INC. /DE/ HEICO CORP HUNTINGTON INGALLS INDUSTRIES, INC. NORTHROP GRUMMAN CORP /DE/ RTX Corp TransDigm Group INC TEXTRON INC