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.| Fiscal year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
| Report filed | Feb 12, 2026 | Feb 14, 2025 | Feb 13, 2024 | Feb 14, 2023 | Feb 14, 2022 | Feb 16, 2021 | Feb 27, 2020 | Feb 21, 2019 | Feb 26, 2018 | Feb 28, 2017 |
| Revenue | 8,252 | 7,430 | 6,640 | 5,663 | 4,972 | 5,259 | 7,098r | 6,778r | 12,960 | 12,394 |
| For lenders | ||||||||||
| Net interest income | · | · | -218 | -229 | -259 | -317 | -338 | · | · | · |
| Cost of revenue | 5,432 | 5,119 | 4,773 | 4,103 | 3,596 | 3,878 | 5,214r | 5,114r | 10,221 | · |
| Research and development | 37 | 33 | 36 | 32 | 17 | 17 | 28r | 41r | 109r | 130r |
| Selling, general and administrative | 370 | 347 | 333 | 288 | 251 | 277 | 400r | 371r | 715r | 924r |
| Total costs and expenses | · | · | · | · | · | · | · | · | · | 11,980 |
| Operating income | 2,046 | 1,633 | 1,203 | 919 | 748 | 626 | 579r | 775r | 480r | 954r |
| Interest expense | · | · | 218 | 229 | 259 | 317r | 338 | 377r | 496 | 499 |
| Interest and investment income | 20 | 20 | 23 | 6 | · | · | · | · | 19 | 16 |
| Interest income (expense), net | -151 | -182 | -218r | -229r | 2 | 5 | 24r | 22r | 19 | 16 |
| Share of profit of equity-method investments | · | · | · | · | · | · | · | · | 0 | 7 |
| Other income (expense), net | 1 | 0 | 3 | 2 | 7 | -46 | 1r | 38r | 103 | 85r |
| Total non-operating income (expense) | -40 | -62 | -8 | -82 | -19 | -74 | -31r | 30r | 486r | -41r |
| Income before income taxes | 1,840 | 1,383 | 975 | 606 | 324 | 171 | 210 | 428r | 470 | 414 |
| Income tax expense | 332 | 228 | 210 | 137 | 66 | -40 | 84r | 119r | 544 | 1,476 |
| Income from continuing operations | · | · | · | 469 | 258 | 211 | 126 | 309r | -127 | -1,131 |
| Income from discontinued operations | · | · | · | 0 | 0 | 50 | 344 | 333r | 0 | 121 |
| Net income including non-controlling interests | · | · | · | 469 | 258 | 261 | 470 | 642 | -74 | -878 |
| Net income | 1,508 | 1,155 | 765 | 469 | 258 | 261 | 470 | 642 | -74 | -941 |
| Net income to common shareholders | 1,506 | 1,153 | 763 | 467 | 256 | 259 | 468 | 640 | -127 | -1,010 |
| Earnings per share, basic | 3.73 | 2.83 | 1.85 | 1.12 | 0.60 | · | 1.05 | 1.33 | -0.28 | -2.31 |
| Earnings per share, diluted | 3.71 | 2.81 | 1.83 | 1.11 | 0.59 | · | 1.03 | 1.30 | -0.28 | -2.31 |
| Weighted average shares, basic | 404 | 408 | 412 | 416 | 430 | 435 | 446 | 483 | 451 | 438 |
| Weighted average shares, diluted | 406 | 410 | 416 | 421 | 435 | 439 | 463 | 503 | 451 | 438 |
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 sold
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueGoodsNetNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortizationResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSelling, general and administrative the cost of selling and of running the company
us-gaap:SellingGeneralAndAdministrativeExpenseTotal costs and expenses every operating cost, the cost of revenue included
us-gaap:CostsAndExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetShare of profit of equity-method investments its share of companies it partly owns
us-gaap:IncomeLossFromEquityMethodInvestmentsOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestmentsIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding