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Howmet Aerospace Inc.

HWM

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
7,430
Cost of Revenue
5,378
Gross Profit
2,052
Gross Margin
27.6%
Operating Income
1,672
Operating Margin
22.5%
Net Income
1,155
Net Margin
15.5%
EPS (Basic)
$2.83
EPS (Diluted)
$2.81
EBITDA
1,842
EBITDA Margin
24.8%

2023

12/31/2023

Revenue
6,640
Cost of Revenue
5,026
Gross Profit
1,614
Gross Margin
24.3%
Operating Income
1,245
Operating Margin
18.8%
Net Income
765
Net Margin
11.5%
EPS (Basic)
$1.85
EPS (Diluted)
$1.83
EBITDA
1,465
EBITDA Margin
22.1%

2022

12/31/2022

Revenue
5,663
Cost of Revenue
4,309
Gross Profit
1,354
Gross Margin
23.9%
Operating Income
1,034
Operating Margin
18.3%
Net Income
469
Net Margin
8.3%
EPS (Basic)
$1.12
EPS (Diluted)
$1.11
EBITDA
1,100
EBITDA Margin
19.4%

2021

12/31/2021

Revenue
4,972
Cost of Revenue
3,838
Gross Profit
1,134
Gross Margin
22.8%
Operating Income
866
Operating Margin
17.4%
Net Income
258
Net Margin
5.2%
EPS (Basic)
$0.60
EPS (Diluted)
$0.59
EBITDA
853
EBITDA Margin
17.2%

2020

12/31/2020

Revenue
5,259
Cost of Revenue
4,116
Gross Profit
1,143
Gross Margin
21.7%
Operating Income
849
Operating Margin
16.1%
Net Income
211
Net Margin
4.0%
EPS (Basic)
$0.48
EPS (Diluted)
$0.48
EBITDA
831
EBITDA Margin
15.8%