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.

Revenue
+29.4%
EPS
+48.4%
Free cash flow
+32.8%
Total debt
+27.1%

Quarter to September 2026, against a year earlier

205.81 5.05 +2.52%
Market cap
$79.9B
P/E
39.3×
Fwd P/E
35.4×
Dividend yield
0.32%
F-score
8/9
Altman Z
10.60
Beneish M
−2.55
Dividend safety
78/100

Howmet Aerospace Inc. (HWM) Net margin

Alert me on Net margin

Howmet Aerospace Inc.'s net margin over the twelve months to 30 September 2026 was 21.1%, up 2.8 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 2.74% and above the Industrials sector median of 2.52%.

Net margin, annual

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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)
Sep 2026 21.0% 0.01
Jun 2026 21.0% (4.11)
Mar 2026 25.1% 7.92
Dec 2025 17.2% (1.22)
43 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

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 →

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