Pricing Log in Create free account
Saturday 17 October 2026 Export HWM’s income statement to Excel — free account

Howmet Aerospace Inc.

HWM Industrials Aerospace & Defense

Howmet Aerospace Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.3 billion, up 11.1% from fiscal 2024. In the quarter to June 2026, revenue grew 24.1%, EPS grew 31.7%, free cash flow grew 38.0% and total debt rose 24.3%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three, operating cash flow growth for five.

220.96 1.26 +0.57%
Market cap
$87.6B
P/E
47.4×
Fwd P/E
48.4×
Dividend yield
0.29%
F-score
8/9
Altman Z
10.60
Beneish M
−2.55
Dividend safety
78/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Howmet Aerospace Inc. (HWM) Net margin

Alert me on Net margin

Howmet Aerospace Inc.'s net margin over the twelve months to 30 June 2026 was 20.5%, up 2.3 percentage points from fiscal 2025 (18.3%). Over the past ten years it has ranged from −8.15% (fiscal 2016) to 18.3% (fiscal 2025) — the current reading is the highest in ten years. That is above the Aerospace & Defense industry median of 2.22% and above the Industrials sector median of 2.22%.

Net margin, annual

Embed this chart

Annual newest first

Period Net margin Change (points)
FY2025 18.3% 2.73
FY2024 15.5% 4.03
FY2023 11.5% 3.24
FY2022 8.25% 3.10
FY2021 5.15% 0.23
FY2020 4.92% (1.67)
FY2019 6.59% (3.01)
FY2018 9.60% 10.58
FY2017 −0.98% 7.17
FY2016 −8.15% (5.00)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 21.0% (4.11)
Mar 2026 25.1% 7.92
Dec 2025 17.2% (1.22)
Sep 2025 18.4% (1.44)
42 more quarters

Against its own ten years

Low −8.15% High 18.3%
Ten-year median 6.59%
Current reading's percentile 100

Net margin against peers

Company Net margin
HWM Howmet Aerospace Inc. 20.5%
TDG Transdigm Group Incorporated compare 19.1%
HEI Heico Corporation compare 16.4%
HEI.A Heico Corporation compare 16.4%
NOC Northrop Grumman Corporation compare 10.5%
GD General Dynamics Corporation compare 8.18%
LMT Lockheed Martin Corporation compare 8.16%
LHX L3Harris Technologies Inc compare 8.11%
BA The Boeing Company compare 2.22%
Aerospace & Defense industry median 2.22%
Industrials sector median 2.22%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

More on HWM