Howmet Aerospace Inc. logo HWM - Howmet Aerospace Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 20
HOLD 3
SELL 1
STRONG
SELL 0
| PRICE TARGET: $297.36 DETAILS
HIGH: $330.00
LOW: $228.00
MEDIAN: $300.00
CONSENSUS: $297.36
UPSIDE: 10.72%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue 8,252 7,430 6,640 5,663 4,972 5,259 7,098 14,022 12,962 12,393 12,392 12,542
Cost of Revenue 5,715 5,378 5,026 4,309 3,838 4,116 5,483 11,969 10,771 10,298 10,620 10,349
Gross Profit 2,537 2,052 1,614 1,354 1,134 1,143 1,615 2,053 2,191 2,095 1,772 2,193
Operating Expenses
R&D Expenses 37 33 36 32 17 17 28 103 109 132 169 123
SG&A Expenses 370 362 333 288 251 277 400 604 715 749 741 770
Other Expenses 0 (15) 0 0 0 0 0 0 0 0 0 (47)
Operating Expenses 407 380 369 320 268 294 428 707 824 881 910 1,329
Operating Income
Operating Income 2,130 1,672 1,245 1,034 866 849 1,187 1,346 1,367 1,214 862 864
Interest Expense 151 182 218 229 259 381 338 376 496 508 474 442
Interest Income 20 20 23 6 2 5 24 23 19 16 16 19
Profitability
EBITDA 2,274 1,842 1,465 1,100 853 831 843 1,820 1,517 1,457 1,165 1,927
EBIT 1,991 1,565 1,193 835 583 552 548 1,244 966 922 657 555
Income Before Tax 1,840 1,383 975 606 324 171 210 868 470 414 183 113
Income Tax Expense 332 228 210 137 66 (40) 84 226 544 1,476 339 174
Net Income 1,508 1,155 765 469 258 211 470 642 (74) (941) (322) 268
Per Share Data
EPS (Basic) 3.73 2.83 1.85 1.12 0.60 0.48 1.08 1.35 -0.15 -2.55 -0.73 0.56
EPS (Diluted) 3.71 2.81 1.83 1.11 0.59 0.48 1.02 1.28 -0.16 -2.13 -0.73 0.56
Shares Outstanding 404 408 412.2 416.0 429.8 435.1 434.4 477.1 481.7 364.4 438.5 438.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Current Assets
Cash & Cash Equivalents 742 564 610 791 720 1,610 1,577 2,277 2,150 1,863 1,362 1,877
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 1,944
Net Receivables 796 709 692 537 420 357 932 1,498 1,374 1,451 1,354 1,395
Inventory 1,849 1,840 1,765 1,609 1,402 1,488 1,607 2,492 2,480 2,253 2,284 3,082
Other Current Assets 392 249 249 206 0 0 1,442 0 0 491 2,556 0
Total Current Assets 3,779 3,362 3,316 3,143 2,737 3,672 5,843 6,581 6,378 5,886 7,953 8,269
Non-Current Assets
Property, Plant & Equipment 2,593 2,541 2,456 2,332 2,467 2,592 5,463 5,704 5,594 5,494 5,425 16,426
Goodwill 4,022 4,010 4,035 4,013 4,067 4,102 4,493 4,500 4,535 5,148 5,249 5,247
Intangible Assets 457 475 505 521 549 571 658 919 987 988 1,104 0
Long-Term Investments 0 0 0 0 0 0 0 0 0 1,020 193 1,944
Other Non-Current Assets 288 96 70 192 215 234 514 416 481 1,244 15,245 2,759
Total Non-Current Assets 7,400 7,157 7,112 7,112 7,482 7,774 11,736 12,112 12,340 14,155 28,524 29,130
Total Assets 11,179 10,519 10,428 10,255 10,219 11,446 17,578 18,693 18,718 20,041 36,477 37,399
Current Liabilities
Account Payables 845 948 982 962 732 599 976 2,129 1,839 1,744 1,510 3,152
Short-Term Debt 191 6 206 0 5 376 1,034 434 38 40 41 29
Deferred Revenue 147 0 0 0 0 0 0 0 0 0 0 2,754
Other Current Liabilities 168 439 431 365 348 456 1,867 726 748 727 3,387 (394)
Total Current Liabilities 1,771 1,549 1,784 1,482 1,253 1,660 4,126 3,520 2,824 2,749 5,211 5,541
Non-Current Liabilities
Long-Term Debt 2,859 3,309 3,500 4,162 4,227 4,699 4,906 5,896 6,806 8,044 8,786 8,769
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 1,196 988 1,010 927 1,150 1,407 3,732 3,692 4,164 4,104 8,349 0
Total Non-Current Liabilities 4,055 4,416 4,607 5,172 5,458 6,206 8,832 9,588 10,970 12,148 17,135 8,769
Total Liabilities 5,826 5,965 6,391 6,654 6,711 7,866 12,957 13,108 13,794 14,879 22,346 25,093
Stockholders' Equity
Common Stock 402 405 410 412 422 433 433 483 481 438 1,391 1,304
Retained Earnings 4,093 2,766 1,720 1,028 603 364 129 (358) (1,248) (1,226) 8,834 9,379
Accumulated Other Comprehensive Income (1,673) (1,878) (1,830) (1,841) (1,863) (1,943) (3,329) (2,926) (2,644) (2,568) (5,431) (4,677)
Total Stockholders' Equity 5,353 4,554 4,037 3,601 3,508 3,580 4,607 5,573 4,910 5,136 12,046 12,306
Total Liabilities & Equity 11,179 10,519 10,428 10,255 10,219 11,446 17,578 18,693 18,718 20,041 36,477 37,399
Debt Metrics
Total Debt 3,050 3,471 3,835 4,277 4,346 5,213 6,205 6,330 6,844 8,084 8,827 8,798
Net Debt 2,308 2,907 3,225 3,486 3,626 3,603 4,628 4,053 4,694 6,221 7,465 6,921
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Operating Activities
Net Income 1,508 1,155 765 469 258 261 470 642 (74) (878) (197) 177
Depreciation & Amortization 283 277 272 265 270 280 295 576 974 1,325 1,865 1,843
Stock-Based Compensation 73 63 50 54 41 46 69 50 67 86 92 87
Change in Working Capital (98) (345) (345) (203) (345) (662) (1,128) (1,008) (616) (812) (905) (1,131)
Other Non-Cash Items 101 93 51 69 187 82 774 (74) (84) 27 693 733
Operating Cash Flow 1,884 1,298 901 733 449 9 406 217 701 873 1,582 1,674
Investing Activities
Capital Expenditure (453) (321) (219) (193) (199) (267) (586) (768) (596) (1,125) (1,180) (1,219)
Acquisitions 9 (5) 0 58 0 0 0 0 596 10 97 (2,385)
Purchases of Investments (9) 0 0 0 0 0 0 0 (2) (52) (134) (195)
Sales/Maturities of Investments 15 0 2 0 6 0 73 9 890 280 40 57
Other Investing Activities 0 10 2 0 300 538 1,041 1,324 (348) 722 117 282
Investing Cash Flow (438) (316) (215) (135) 107 271 528 565 540 (165) (1,060) (3,460)
Financing Activities
Net Debt Issuance (270) (365) (476) (74) (847) 342 (404) (510) (820) (772) (145) 1,153
Stock Repurchased (755) (500) (250) (400) (430) (73) (1,150) 0 0 0 0 0
Dividends Paid (181) (109) (73) (44) (19) (11) (57) (119) (162) (228) (223) (161)
Other Financing Activities (64) (52) (69) (8) (148) (627) (13) (36) (31) 239 (98) 47
Financing Cash Flow (1,269) (1,026) (868) (526) (1,444) (369) (1,568) (649) (963) (757) (441) 2,250
Cash Position
Net Change in Cash 178 (45) (181) 70 (889) (92) (579) 129 287 (56) 42 440
Cash at Beginning 565 610 792 722 1,611 1,703 2,282 2,153 1,863 1,919 1,877 1,437
Cash at End 742 565 611 792 722 1,611 1,703 2,282 2,150 1,863 1,919 1,877
Free Cash Flow 1,431 977 682 540 250 (258) (180) (551) 105 (252) 402 455
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Income Statement
Revenue 8,252 7,430 6,640 5,663 4,972 5,259 7,098 14,022 12,962 12,393 12,392 12,542
Gross Profit 2,537 2,052 1,614 1,354 1,134 1,143 1,615 2,053 2,191 2,095 1,772 2,193
Operating Income 2,130 1,672 1,245 1,034 866 849 1,187 1,346 1,367 1,214 862 864
Net Income 1,508 1,155 765 469 258 211 470 642 (74) (941) (322) 268
EPS (Diluted) 3.71 2.81 1.83 1.11 0.59 0.48 1.02 1.28 -0.16 -2.13 -0.73 0.56
Balance Sheet
Cash & Equivalents 742 564 610 791 720 1,610 1,577 2,277 2,150 1,863 1,362 1,877
Total Assets 11,179 10,519 10,428 10,255 10,219 11,446 17,578 18,693 18,718 20,041 36,477 37,399
Total Debt 3,050 3,471 3,835 4,277 4,346 5,213 6,205 6,330 6,844 8,084 8,827 8,798
Stockholders' Equity 5,353 4,554 4,037 3,601 3,508 3,580 4,607 5,573 4,910 5,136 12,046 12,306
Cash Flow
Operating Cash Flow 1,884 1,298 901 733 449 9 406 217 701 873 1,582 1,674
Capital Expenditure (453) (321) (219) (193) (199) (267) (586) (768) (596) (1,125) (1,180) (1,219)
Free Cash Flow 1,431 977 682 540 250 (258) (180) (551) 105 (252) 402 455