Company Analysis

Howmet Aerospace Inc. (HWM)

NYSE: HWM · Rolling Drawing & Extruding of Nonferrous Metals · Pittsburgh, PA · filing with the SEC since 1994
Grade6.6
◀ Past 5.9● Present 7.5▶ Future 6.2

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 12, 2026Feb 14, 2025Feb 13, 2024Feb 14, 2023Feb 14, 2022Feb 16, 2021Feb 27, 2020Feb 21, 2019Feb 26, 2018Feb 28, 2017
Revenue8,2527,4306,6405,6634,9725,2597,098r6,778r12,96012,394
For lenders
Net interest income··-218-229-259-317-338···
Cost of revenue5,4325,1194,7734,1033,5963,8785,214r5,114r10,221·
Research and development37333632171728r41r109r130r
Selling, general and administrative370347333288251277400r371r715r924r
Total costs and expenses·········11,980
Operating income2,0461,6331,203919748626579r775r480r954r
Interest expense··218229259317r338377r496499
Interest and investment income2020236····1916
Interest income (expense), net-151-182-218r-229r2524r22r1916
Share of profit of equity-method investments········07
Other income (expense), net10327-461r38r10385r
Total non-operating income (expense)-40-62-8-82-19-74-31r30r486r-41r
Income before income taxes1,8401,383975606324171210428r470414
Income tax expense33222821013766-4084r119r5441,476
Income from continuing operations···469258211126309r-127-1,131
Income from discontinued operations···0050344333r0121
Net income including non-controlling interests···469258261470642-74-878
Net income1,5081,155765469258261470642-74-941
Net income to common shareholders1,5061,153763467256259468640-127-1,010
Earnings per share, basic3.732.831.851.120.60·1.051.33-0.28-2.31
Earnings per share, diluted3.712.811.831.110.59·1.031.30-0.28-2.31
Weighted average shares, basic404408412416430435446483451438
Weighted average shares, diluted406410416421435439463503451438
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-3 reverse split of Dec 2016.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueGoodsNet
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton HWM · research, not advice