HWMNYSERolling Drawing & Extruding of Nonferrous MetalsFiscal year ends December 31

Howmet Aerospace Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$220.03−0.93 (-0.42%)

Close on Oct 19, 2026

Market cap: $88.45B
P/E (TTM): 47.4
Dividend yield: 0.20%

Howmet Aerospace Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31	FY 2007 2007-12-31
Revenue	8,252	7,430	6,640	5,663	4,972	5,259	7,098	6,778	12,960	12,394	12,413	12,542	23,032	23,700	24,951	21,013	18,439	26,901	29,280
Cost of Revenue	5,432	5,119	4,773	4,103	3,596	3,878	5,214	5,114	10,221	–	–	19,137	19,286	20,401	20,480	17,174	16,902	22,175	22,803
Gross Profit	2,820	2,311	1,867	1,560	1,376	1,381	1,884	1,664	2,739	–	–	-6,595	3,746	3,299	4,471	3,839	1,537	4,726	6,477
Research & Development	37	33	36	32	17	17	28	41	109	130	169	123	192	197	184	174	169	246	238
Selling, General & Admin	370	347	333	288	251	277	400	371	715	924	765	770	1,008	997	1,027	961	1,009	1,167	1,444
Total Costs & Expenses	–	–	–	–	–	–	–	–	–	11,980	12,230	12,429	24,848	23,376	23,888	–	–	–	–
Operating Income	2,046	1,633	1,203	919	748	626	579	775	480	954	628	–	–	–	–	–	–	–	–
Interest Expense	–	–	218	229	259	317	338	377	496	499	473	442	453	490	524	494	470	407	401
Interest & Investment Income	20	20	23	6.00	–	–	–	–	19	16	16	19	13	31	20	19	18	-53	–
Income from Equity Investments	–	–	–	–	–	–	–	–	0	7.00	0	-92	-68	-28	15	-14	-14	-41	–
Other Non-Operating Income	-40	-62	-8.00	-82	-19	-74	-31	30	486	-41	28	5.00	25	341	87	-5.00	161	59	1,920
Merger & Restructuring Charges	84	21	23	56	90	182	582	163	165	155	214	314	782	172	281	207	237	939	268
Asset Impairment Charges	0	2.00	14	1.00	15	5.00	442	9.00	58	80	0	65	116	40	150	139	54	670	–
Gain (Loss) on Investments	-22	-25	-22	-18	-9.00	-8.00	-7.00	-10	513	156	–	–	–	–	–	–	–	–	–
Gain (Loss) on Sale of Assets	-22	-25	-22	-18	-9.00	-8.00	-10	-10	513	-11	74	47	10	-321	-41	-9.00	106	-50	–
Legal Settlements	0	0	25	-65	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	1,840	1,383	975	606	324	171	210	428	470	414	183	113	-1,816	324	1,063	548	-1,498	792	–
Income Tax Expense	332	228	210	137	66	-40	84	119	544	1,476	339	174	428	162	255	148	-574	342	1,623
Income from Continuing Operations	–	–	–	469	258	211	126	309	-74	-1,131	-226	-82	-2,285	191	614	262	-985	-229	2,814
Income from Discontinued Operations	–	–	–	0	0	50	344	333	0	184	-41	238	–	–	-3.00	-8.00	-166	-303	-250
Net Income incl. Noncontrolling Interests	–	–	–	469	258	261	470	642	-74	-878	-197	177	-2,244	162	805	392	-1,090	147	2,929
Minority Interest in Earnings	–	–	–	–	–	–	–	–	–	–	125	-91	41	-29	194	138	61	221	365
Net Income	1,508	1,155	765	469	258	261	470	642	-74	-941	-322	268	-2,285	191	611	254	-1,151	-74	2,564
Preferred Dividends	–	–	–	–	–	–	–	–	–	–	–	–	2.00	2.00	2.00	2.00	2.00	–	–
Net Income to Common	1,506	1,153	763	467	256	259	468	640	-127	-1,010	-391	247	-2,287	189	–	–	–	–	–
EPS (Basic)(per share)	3.73	2.83	1.85	1.12	0.60	–	1.05	1.33	-0.28	-2.31	-0.93	0.64	-6.42	0.54	1.71	0.75	-3.69	-0.30	8.85
EPS (Diluted)(per share)	3.71	2.81	1.83	1.11	0.59	–	1.03	1.30	-0.28	-2.31	-0.93	0.63	-6.42	0.54	1.65	0.72	-3.69	-0.30	8.82
Shares Outstanding (Basic, Weighted)(shares)	404	408	412	416	430	435	446	483	451	438	420	387	357	356	354	339	312	270	–
Shares Outstanding (Diluted, Weighted)(shares)	406	410	416	421	435	439	463	503	451	438	420	393	357	359	387	342	312	271	–
Dividend per Share(per share)	0.44	0.26	0.17	0.10	0.04	0.02	0.02	0.24	0.24	0.09	0.36	0.36	0.36	0.36	0.36	0.36	0.78	2.04	2.04
EBITDA	2,329	1,910	1,475	1,184	1,018	964	1,115	1,351	1,031	2,086	1,908	–	–	–	–	–	–	–	–
Net Interest Income	–	–	-218	-229	-259	-317	-338	–	–	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 36.0%
Operating margin: 27.4%
Net margin: 20.5%
Return on equity, FY2025: 30.4%

Financial strength

Current ratio: 1.82
Debt to equity: 0.79
Debt to assets: 34.0%
Cash to current liabilities: 24.4%

Valuation

P/E ratio: 47.4
Price to sales: 9.70
Price to book: 15.43
Dividend yield: 0.20%