HWM vs MT
Howmet Aerospace Inc. and ArcelorMittal, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | HWM | MT |
|---|---|---|
| Revenue | $8.3B | $61.4B |
| Net income | $1.5B | $3.2B |
| Gross margin | −52.6% | 7.1% |
| Net margin | 18.3% | 5.1% |
| Return on equity | 30.4% | 6.1% |
| Diluted EPS | $3.71 | $4.11 |
| Dividend / share | $0.44 | $0.60 |
| Payout ratio | −69.3% | 17.2% |
| Free cash flow | $1.4B | — |
| Equity | $5.4B | $54.5B |
| Net debt / equity | 0.43× | 0.15× |
| Current ratio | 2.13× | 1.36× |
| Revenue CAGR 5y | 9.4% | 2.9% |
| Profit CAGR 5y | 42.0% | — |
MT bills 7.4× the revenue of HWM, and HWM keeps more of each dollar of revenue as profit (18.3% against 5.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Advertisement
AdSense · Leaderboard 728×90 · responsive
Revenue by year
10 years side by side
| Fiscal year | HWM | MT |
|---|---|---|
| FY2025 | $8.3B | $61.4B |
| FY2024 | $7.4B | $62.4B |
| FY2023 | $6.6B | $68.3B |
| FY2022 | $5.7B | $79.8B |
| FY2021 | $5.0B | $76.6B |
| FY2020 | $5.3B | $53.3B |
| FY2019 | $7.1B | $70.6B |
| FY2018 | $6.8B | $76.0B |
| FY2017 | $13.0B | $68.7B |
| FY2016 | $12.4B | $56.8B |
Net income by year
Bottom line
| Fiscal year | HWM | MT |
|---|---|---|
| FY2025 | $1.5B | $3.2B |
| FY2024 | $1.2B | $1.3B |
| FY2023 | $765.0M | $919.0M |
| FY2022 | $469.0M | $9.3B |
| FY2021 | $258.0M | $15.0B |
| FY2020 | $261.0M | $-733.0M |
| FY2019 | $470.0M | $-2.5B |
| FY2018 | $642.0M | $5.1B |
| FY2017 | $-74.0M | $4.6B |
| FY2016 | $-941.0M | $1.8B |
Advertisement
AdSense · Rectangle 336×280