tradmap

HWM Financials Howmet Aerospace

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 9.4% per year over the past 5 years.
  • Net income has grown faster than revenue (42.0% vs 9.4% per year).
  • Operating margin has expanded, at 24.8% in the latest year.

Financial health

  • Total debt ($3.0B) exceeds cash ($742M); net debt is $2.3B.
  • Total debt has grown slower than revenue (-11.0% vs 9.4% per year).
  • Operating income covered interest expense 12× in the latest year, up from 1.6× 5 years ago.
  • Total debt is 1.3× EBITDA.
Revenue & net income
-$2B $5B $13B $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-8% 9% 25% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$1B $201M $1B $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $5B $9B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$2B $171M $2B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $8.3B $1.5B 0.0% 24.8% $1.4B $3.0B $742M
2024 $7.4B $1.2B 0.0% 22.0% $977M $3.3B $564M
2023 $6.6B $765M 0.0% 18.1% $682M $3.7B $610M
2022 $5.7B $469M 0.0% 16.2% $540M $4.2B $791M
2021 $5.0B $258M 0.0% 15.0% $250M $4.2B $720M
2020 $5.3B $261M 0.0% 11.9% -$258M $5.5B $1.6B
2019 $7.1B $470M 0.0% 8.2% -$180M $7.0B $1.6B
2018 $6.8B $642M 0.0% 11.4% -$551M $6.7B $2.3B
2017 $13.0B -$74M 0.0% 3.7% -$635M $6.8B $2.1B
2016 $12.4B -$941M 0.0% 7.7% -$1.0B $8.1B $1.9B
2015 -$322M $402M $8.8B $1.9B
2014 $268M $455M $8.9B $1.9B
2013 -$2.3B $385M $8.3B $1.4B
2012 $191M $236M $8.8B $1.9B
2011 $611M $906M $9.1B $1.9B

Valuation over time

How the market has priced HWM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 36.2 72.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 6.6 13.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is HWM growing its revenue and profit?

Over the past 5 years, Howmet Aerospace's revenue has grown 9.4% per year, and net income grown 42.0% per year. These are computed facts, not advice.

How much debt does HWM have?

As of FY2025, Howmet Aerospace reported $3.0B of total debt against $742M of cash; operating income covered interest expense 12×.

What is HWM's profit margin?

In FY2025, gross margin was —, operating margin 24.8%, and net margin 18.3%.

What is HWM's P/E ratio?

As of Jun '26, Howmet Aerospace traded at a price-to-earnings ratio of about 72.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.