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Howmet Aerospace Inc

HWM

NYSE

Aerospace & Defense

$273.64

USD

-9.84 (-3.47%)

At close: Aug 20, 2026, 4:00 PM EDT

Market Cap $112.11B

Volume 2.1M

Revenue

$9.12B

TTM

+18.1%

YoY

Gross Margin

36%

TTM

+10.2%

YoY

Net Income

$1.87B

TTM

+33.9%

YoY

Operating Cash Flow

$2.22B

TTM

+56.1%

YoY

Revenue & Net Income

USD Millions

Margins Trend

Percent of revenue

Income Statement Detail

USD Millions, except per-share and share count figures

Metric

Q2 2025

Q3 2025

Q4 2025

Q1 2026

Q2 2026

Revenue

2,053.0

2,089.0

2,168.0

2,313.0

2,547.0

YoY Growth

+9.2%

+13.8%

+14.6%

+19.1%

+24.1%

Cost of Revenue

1,365.0

1,365.0

1,412.0

1,459.0

1,596.0

Gross Profit

688.0

724.0

756.0

854.0

951.0

Selling, General & Administrative

89.0

100.0

96.0

111.0

148.0

Other Operating Expenses

0.0

0.0

88.0

-93.0

0.0

Total Operating Expenses

167.0

182.0

267.0

101.0

240.0

Operating Income

521.0

542.0

489.0

753.0

711.0

EBITDA

590.0

614.0

650.0

734.0

795.0

Other Income / Expense

-14.0

-10.0

-22.0

-2.0

-11.0

Total Other Income / Expense

-52.0

-47.0

-59.0

-45.0

-62.0

Income Before Income Taxes

469.0

495.0

430.0

708.0

649.0

Income Taxes

62.0

110.0

58.0

128.0

115.0

Net Income

407.0

385.0

372.0

580.0

534.0

Consolidated Net Income / Loss

407.0

385.0

372.0

580.0

534.0

Net Income Attributable to Common Shareholders

407.0

384.0

374.0

580.0

534.0

Basic EPS

$1.01

$0.96

$0.93

$1.45

$1.33

Diluted EPS

$1.00

$0.95

$0.92

$1.44

$1.33

Basic Shares Outstanding

404.0M

403.0M

404.0M

401.0M

400.0M

Diluted Shares Outstanding

406.0M

405.0M

406.0M

403.0M

402.0M