FN2 Earnings Intelligence
Howmet Aerospace Inc. financials
Howmet Aerospace Inc. (HWM) financial statements and key operating metrics from FN2 Research.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $720 | $791 | $610 | $564 | $742 | - | - |
| + Debt | $4,232 | $4,162 | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $4,972 | $5,663 | $6,640 | $7,430 | $8,252 | $10,099.2 | $11,466.9 |
| % Growth | -5.5% | 13.9% | 17.3% | 11.9% | 11.1% | 22.4% | 13.5% |
| Gross Profit | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| EBITDA | $1,018 | $1,184 | $1,475 | $1,910 | $2,329 | - | - |
| % Margin | 20.5% | 20.9% | 22.2% | 25.7% | 28.2% | - | - |
| Net Income | $258 | $469 | $765 | $1,155 | $1,508 | - | - |
| % Margin | 5.2% | 8.3% | 11.5% | 15.5% | 18.3% | - | - |
| Diluted EPS | - | - | $1.83 | $2.81 | $3.71 | $5.33 | $6.51 |
| % Growth | - | - | - | 53.6% | 32.0% | 43.8% | 22.1% |
| Operating Cash Flow | $449 | $733 | $901 | $1,298 | $1,884 | - | - |
| CapEx | $199 | $193 | $219 | $321 | $453 | - | - |
| Free Cash Flow | $250 | $540 | $682 | $977 | $1,431 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $4,972 | $5,663 | $6,640 | $7,430 | $8,252 | $10,099.2 | $11,466.9 |
| Gross Profit | - | - | - | - | - | - | - |
| EBITDA | $1,018 | $1,184 | $1,475 | $1,910 | $2,329 | - | - |
| Net Income | $258 | $469 | $765 | $1,155 | $1,508 | - | - |
| Diluted EPS | - | - | $1.83 | $2.81 | $3.71 | $5.33 | $6.51 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $720 | $791 | $610 | $564 | $742 |
| Short-term Debt | $5 | $0 | - | - | - |
| Long-term Debt | $4,227 | $4,162 | $3,500 | $3,309 | $2,859 |
| Total Debt | $4,232 | $4,162 | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $449 | $733 | $901 | $1,298 | $1,884 |
| Capital Expenditure | $199 | $193 | $219 | $321 | $453 |
| Free Cash Flow | $250 | $540 | $682 | $977 | $1,431 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | -5.5% | 13.9% | 17.3% | 11.9% | 11.1% |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 20.5% | 20.9% | 22.2% | 25.7% | 28.2% |
| Net Margin | 5.2% | 8.3% | 11.5% | 15.5% | 18.3% |
| FCF Margin | 5.0% | 9.5% | 10.3% | 13.1% | 17.3% |
| Diluted EPS Growth | - | - | - | 53.6% | 32.0% |