HWM vs STLD
Howmet Aerospace Inc. and Steel Dynamics, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | HWM | STLD |
|---|---|---|
| Revenue | $8.3B | $18.2B |
| Net income | $1.5B | $1.2B |
| Gross margin | −52.6% | 13.2% |
| Net margin | 18.3% | 6.5% |
| Return on equity | 30.4% | 13.3% |
| Diluted EPS | $3.71 | $7.99 |
| Dividend / share | $0.44 | $2.00 |
| Payout ratio | −69.3% | 24.6% |
| Free cash flow | $1.4B | $501.5M |
| Equity | $5.4B | $9.0B |
| Net debt / equity | 0.43× | 0.38× |
| Current ratio | 2.13× | 3.06× |
| Revenue CAGR 5y | 9.4% | 13.6% |
| Profit CAGR 5y | 42.0% | 15.7% |
STLD bills 2.2× the revenue of HWM, and HWM keeps more of each dollar of revenue as profit (18.3% against 6.5%).
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 | STLD |
|---|---|---|
| FY2025 | $8.3B | $18.2B |
| FY2024 | $7.4B | $17.5B |
| FY2023 | $6.6B | $18.8B |
| FY2022 | $5.7B | $22.3B |
| FY2021 | $5.0B | $18.4B |
| FY2020 | $5.3B | $9.6B |
| FY2019 | $7.1B | $10.5B |
| FY2018 | $6.8B | $11.8B |
| FY2017 | $13.0B | $9.5B |
| FY2016 | $12.4B | $7.8B |
Net income by year
Bottom line
| Fiscal year | HWM | STLD |
|---|---|---|
| FY2025 | $1.5B | $1.2B |
| FY2024 | $1.2B | $1.5B |
| FY2023 | $765.0M | $2.5B |
| FY2022 | $469.0M | $3.9B |
| FY2021 | $258.0M | $3.2B |
| FY2020 | $261.0M | $570.8M |
| FY2019 | $470.0M | $677.9M |
| FY2018 | $642.0M | $1.3B |
| FY2017 | $-74.0M | $805.8M |
| FY2016 | $-941.0M | $360.0M |
Advertisement
AdSense · Rectangle 336×280