Companies / Industrials
HWM
Howmet Aerospace
Aerospace & Defense
Aerospace & DefenseAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health77
Growth66
Profitability76
Cash generation74
Balance sheet83
Dilution control85
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)29.4%Revenue growth (FY)11.1%Revenue CAGR (3y)13.4%Gross margin—Operating margin24.8%Net margin18.3%Free cash flow margin17.3%R&D / revenue0.4%Stock comp / revenue0.9%Net debt / operating cash flow1.33xCurrent ratio2.13Diluted share count change-1.0%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $5.0B | $5.7B | $6.6B | $7.4B | $8.3B |
| Operating income | $748M | $919M | $1.2B | $1.6B | $2.0B |
| Net income | $258M | $469M | $765M | $1.2B | $1.5B |
| Operating cash flow | $449M | $733M | $901M | $1.3B | $1.9B |
| Capital expenditure | $199M | $193M | $219M | $321M | $453M |
| Free cash flow | $250M | $540M | $682M | $977M | $1.4B |
| R&D | $17M | $32M | $36M | $33M | $37M |
| Stock-based comp | $40M | $54M | $50M | $63M | $73M |
| Buybacks | $430M | $400M | $250M | $500M | $700M |
| Cash | $720M | $791M | $610M | $564M | $742M |
| Total debt | $4.2B | $4.2B | $3.9B | $3.3B | $3.2B |
| Equity | $3.5B | $3.6B | $4.0B | $4.6B | $5.4B |
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