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MARKETS / NYSE / Materials / Steel and metals / HWM
NYSE · ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS · LARGE CAP

Howmet Aerospace Inc. HWM

19 fiscal years on record · USD · FY2025 reported · SEC filings only
5 YEARS OF DIVIDEND GROWTH
$8.3B
▲ 11.1% YoY
$1.5B
▲ 30.6% YoY
$1.4B
▲ 46.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Howmet Aerospace Inc.'s primary businesses focus on jet engine components, aerospace fastening systems, and airframe structural components for aerospace and defense applications, as well as forged aluminum wheels for commercial transportation. Based upon the country where the point of shipment occurred, North America and Europe generated 72% and 22%, respectively, of its sales in 2025. Total worldwide employment at the end of 2025 was approximately 25,430 employees in 23 countries. In 2025, RTX Corporation and GE Aerospace each represented approximately 11% of the Company's third-party sales. It has four reportable segments, organized by product on a worldwide basis: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. Its Fastening Systems segment produces aerospace and industrial fastening systems as well as commercial transportation fasteners and installation tools. Howmet Aerospace Inc. was previously named Arconic Inc. and, prior to that, Alcoa Inc., a company formed in 1888.

Written from the business description in HOWMET AEROSPACE INC.'s annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth

USD 8.3B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 8.3 · Net income 1.5
15B30B
2007201020132016201920222025
Compound annual growth
+13.4%
+9.4%
−4.0%
−6.0%
+47.6%
+42.0%
+12.6%
+49.5%
+63.9%
+85.6%
+22.1%
+77.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.4% a year over the five years to FY2025 — but profit grew faster: net income at +42.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 24.8% · Net 18.3%
10%20%-5%
200720162025
ROE
FY2025 · ROE 30.4%
10%20%30%-5%-10%-15%
200720162025
Three returns, three denominators.
Gross margin34.2%
Operating margin24.8%
Net margin18.3%
EBITDAUSD 2.3B

Each USD of equity produced 30 cents of profit this year.

Cash & shareholders

USD 699.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.4
1B2B-1B-2B
200720162025
Net buybacks $B Dividends $B
FY2025 · Dividends · · Net buybacks 0.7
1.5B3.0B-0.4B-0.8BDividendsNet buybacks
2007201020132017202020232025
Dividends paid·
Net buybacksUSD 699.0M
Share of profit46.4%
Consecutive raises5 years

USD 699.0M in buybacks — 46% of the year's profit went back to shareholders.

Total assetsUSD 11.2B
EquityUSD 5.4B
CashUSD 742.0M
Gross debtUSD 3.0B
Net debtUSD 2.3B
Current ratio2.13×

Net debt stands at 43% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
HWM, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B8.37.46.65.75.05.37.16.813.012.412.412.523.023.725.021.018.426.929.3
Operating income $B2.01.61.20.90.70.60.60.80.51.00.6◌◌◌◌◌◌◌◌
EBITDA $B2.31.91.51.21.01.01.11.41.02.11.9◌◌◌◌◌◌◌◌
Income tax $B0.30.20.20.10.1−0.00.10.10.51.50.30.20.40.20.30.1−0.60.31.6
Net income $B1.51.20.80.50.30.30.50.6−0.1−0.9−0.30.3−2.30.20.60.3−1.2−0.12.6
Free cash flow $B1.41.00.70.50.2−0.3−0.2−0.6−0.6−1.00.40.50.40.20.91.2−0.3−2.2−0.5
EPS, diluted $3.712.811.831.110.59◌1.031.30−0.28−2.31−0.930.63−2.140.180.550.24−1.23−0.102.94
Dividend / sh $0.440.260.170.100.040.020.120.240.240.360.120.120.120.120.120.120.260.680.68
Payout %——————————−6960−6692149−20−75123
ROE %30.426.920.013.27.36.49.212.2−1.5−11.0−2.62.3−19.21.44.52.0−9.5−0.6◌
Shares out B0.400.410.410.410.420.430.430.480.480.441.311.221.071.071.061.020.970.80◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

Howmet Aerospace Inc.vsArcelorMittalSame industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsNucor Corp.Same industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsSteel Dynamics Inc.Same industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsCorning Inc.Same industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsTernium S.a.Same industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsAlcoa Corp.Same industry: Rolling Drawing & Extruding of Nonferrous MetalsHowmet Aerospace Inc.vsTenaris SASame industry: Rolling Drawing & Extruding of Nonferrous Metals
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Provenance

Company facts, as filed

How we verify · 0 failures in 72 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008. One check was skipped: the share count is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityRolling Drawing & Extruding of Nonferrous Metals
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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